Can I retire at age 40 with 11,600,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $11,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$957,917$949,385$941,060$932,934$925,000$897,187
2 years$474,216$465,385$456,825$448,526$440,476$412,690
3 years$313,004$304,134$295,596$287,375$279,456$252,567
4 years$232,413$223,571$215,118$207,038$199,311$173,525
5 years$184,072$175,282$166,941$159,025$151,513$126,900
6 years$151,855$143,131$134,913$127,173$119,887$96,470
7 years$128,851$120,201$112,113$104,556$97,500$75,277
8 years$111,607$103,035$95,081$87,710$80,886$59,843
9 years$98,201$89,710$81,893$74,709$68,118$48,234
10 years$87,483$79,075$71,396$64,400$58,040$39,286
11 years$78,720$70,396$62,856$56,047$49,916$32,260
12 years$71,422$63,184$55,783$49,161$43,256$26,662
13 years$65,252$57,100$49,839$43,402$37,720$22,150
14 years$59,968$51,902$44,780$38,527$33,065$18,478
15 years$55,392$47,413$40,431$34,360$29,113$15,468
16 years$51,392$43,501$36,656$30,765$25,730$12,985
17 years$47,867$40,063$33,356$27,642$22,814$10,926
18 years$44,737$37,020$30,449$24,911$20,285$9,211
19 years$41,939$34,309$27,875$22,509$18,081$7,778
20 years$39,425$31,882$25,582$20,387$16,150$6,576
21 years$37,153$29,697$23,531$18,502$14,453$5,567
22 years$35,090$27,721$21,687$16,823$12,955$4,717
23 years$33,209$25,927$20,024$15,321$11,629$4,000
24 years$31,488$24,292$18,519$13,973$10,452$3,394
25 years$29,907$22,797$17,152$12,761$9,405$2,882
26 years$28,449$21,425$15,908$11,668$8,472$2,448
27 years$27,102$20,164$14,772$10,680$7,638$2,080
28 years$25,854$19,000$13,732$9,785$6,892$1,769
29 years$24,694$17,924$12,779$8,973$6,223$1,504
30 years$23,613$16,928$11,903$8,235$5,623$1,279
31 years$22,603$16,002$11,097$7,564$5,084$1,088
32 years$21,659$15,141$10,354$6,951$4,599$926
33 years$20,774$14,339$9,667$6,392$4,162$788
34 years$19,943$13,590$9,033$5,881$3,768$671
35 years$19,160$12,890$8,445$5,414$3,413$571
36 years$18,423$12,235$7,900$4,986$3,092$486
37 years$17,728$11,620$7,394$4,594$2,803$414
38 years$17,071$11,043$6,924$4,235$2,541$352
39 years$16,449$10,501$6,487$3,904$2,304$300
40 years$15,859$9,991$6,081$3,601$2,090$256
41 years$15,300$9,510$5,702$3,323$1,896$218
42 years$14,768$9,057$5,348$3,066$1,720$185
43 years$14,263$8,630$5,019$2,831$1,561$158
44 years$13,782$8,226$4,711$2,614$1,417$134
45 years$13,324$7,844$4,423$2,414$1,287$114
46 years$12,887$7,483$4,155$2,230$1,168$97
47 years$12,470$7,141$3,903$2,060$1,061$83
48 years$12,072$6,817$3,668$1,903$963$71
49 years$11,690$6,510$3,448$1,759$875$60
50 years$11,326$6,219$3,241$1,626$795$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,600,000, adding $2,551 every year, while hoping to spend $59,159 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 64/11/25 Blend
39$11,600,000$11,600,000$11,600,000$11,600,000
40$12,785,831$12,171,031$11,991,231$13,520,033
41$14,027,041$12,704,467$12,329,993$14,549,698
42$15,392,872$13,262,059$12,678,120$15,667,435
43$16,895,972$13,844,927$13,035,865$16,887,393
44$18,550,279$14,454,246$13,403,484$18,219,602
45$20,371,149$15,091,245$13,781,242$19,675,104
46$22,375,504$15,757,213$14,169,410$21,266,051
47$24,581,987$16,453,498$14,568,267$23,005,822
48$27,011,142$17,181,513$14,978,098$24,909,141
49$29,685,609$17,942,737$15,399,194$26,992,222
50$32,630,330$18,738,720$15,831,855$29,272,913
51$35,872,791$19,571,085$16,276,390$31,770,866
52$39,443,279$20,441,532$16,733,113$34,507,721
53$43,375,169$21,351,842$17,202,347$37,507,303
54$47,705,234$22,303,880$17,684,424$40,795,851
55$52,473,999$23,299,601$18,179,683$44,402,259
56$57,726,116$24,341,052$18,688,472$48,358,346
57$63,510,793$25,430,376$19,211,149$52,699,156
58$69,882,250$26,569,820$19,748,078$57,463,284
59$76,900,236$27,761,738$20,299,636$62,693,239
60$84,630,592$29,008,595$20,866,205$68,435,841
61$93,145,870$30,312,974$21,448,180$74,742,658
62$102,526,019$31,677,580$22,045,965$81,670,496
63$112,859,141$33,105,249$22,659,972$89,281,923
64$124,242,318$34,598,951$23,290,626$97,645,864
65$136,782,533$36,161,798$23,938,361$106,838,242
66$150,597,676$37,797,051$24,603,621$116,942,694
67$165,817,658$39,508,126$25,286,861$128,051,357
68$182,585,638$41,298,602$25,988,550$140,265,731
69$201,059,370$43,172,232$26,709,164$153,697,634
70$221,412,699$45,132,944$27,449,193$168,470,254
71$243,837,193$47,184,857$28,209,140$184,719,308
72$268,543,958$49,332,286$28,989,518$202,594,315
73$295,765,627$51,579,753$29,790,852$222,260,004
74$325,758,557$53,931,998$30,613,682$243,897,865
75$358,805,249$56,393,984$31,458,559$267,707,855
76$395,217,012$58,970,917$32,326,048$293,910,283
77$435,336,903$61,668,248$33,216,727$322,747,878
78$479,542,968$64,491,693$34,131,188$354,488,082
79$528,251,806$67,447,241$35,070,038$389,425,560
80$581,922,501$70,541,167$36,033,895$427,884,982
81$641,060,961$73,780,049$37,023,396$470,224,077
82$706,224,689$77,170,781$38,039,189$516,837,005
83$778,028,045$80,720,587$39,081,940$568,158,068
84$857,148,050$84,437,040$40,152,329$624,665,805
85$944,330,771$88,328,075$41,251,052$686,887,498
86$1,040,398,368$92,402,009$42,378,821$755,404,146
87$1,146,256,855$96,667,561$43,536,365$830,855,935
88$1,262,904,651$101,133,868$44,724,429$913,948,278
89$1,391,442,003$105,810,506$45,943,776$1,005,458,461
90$1,533,081,380$110,707,513$47,195,185$1,106,242,973
91$1,689,158,910$115,835,410$48,479,453$1,217,245,581
92$1,861,147,000$121,205,226$49,797,395$1,339,506,226
93$2,050,668,232$126,828,521$51,149,847$1,474,170,835
94$2,259,510,684$132,717,410$52,537,658$1,622,502,120
95$2,489,644,805$138,884,595$53,961,702$1,785,891,493
96$2,743,242,025$145,343,390$55,422,868$1,965,872,185
97$3,022,695,244$152,107,748$56,922,067$2,164,133,710
98$3,330,641,431$159,192,300$58,460,228$2,382,537,796
99$3,669,986,515$166,612,381$60,038,304$2,623,135,953
100$4,043,932,816$174,384,064$61,657,264$2,888,188,820