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

Use the below retirement simulation to view the chances of a successful retirement.
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%12.1%
1 years$957,917$949,385$941,060$932,934$925,000$916,867
2 years$474,216$465,385$456,825$448,526$440,476$432,281
3 years$313,004$304,134$295,596$287,375$279,456$271,452
4 years$232,413$223,571$215,118$207,038$199,311$191,559
5 years$184,072$175,282$166,941$159,025$151,513$144,037
6 years$151,855$143,131$134,913$127,173$119,887$112,697
7 years$128,851$120,201$112,113$104,556$97,500$90,598
8 years$111,607$103,035$95,081$87,710$80,886$74,272
9 years$98,201$89,710$81,893$74,709$68,118$61,790
10 years$87,483$79,075$71,396$64,400$58,040$51,995
11 years$78,720$70,396$62,856$56,047$49,916$44,149
12 years$71,422$63,184$55,783$49,161$43,256$37,762
13 years$65,252$57,100$49,839$43,402$37,720$32,492
14 years$59,968$51,902$44,780$38,527$33,065$28,097
15 years$55,392$47,413$40,431$34,360$29,113$24,397
16 years$51,392$43,501$36,656$30,765$25,730$21,259
17 years$47,867$40,063$33,356$27,642$22,814$18,580
18 years$44,737$37,020$30,449$24,911$20,285$16,280
19 years$41,939$34,309$27,875$22,509$18,081$14,296
20 years$39,425$31,882$25,582$20,387$16,150$12,578
21 years$37,153$29,697$23,531$18,502$14,453$11,085
22 years$35,090$27,721$21,687$16,823$12,955$9,783
23 years$33,209$25,927$20,024$15,321$11,629$8,645
24 years$31,488$24,292$18,519$13,973$10,452$7,647
25 years$29,907$22,797$17,152$12,761$9,405$6,771
26 years$28,449$21,425$15,908$11,668$8,472$6,001
27 years$27,102$20,164$14,772$10,680$7,638$5,322
28 years$25,854$19,000$13,732$9,785$6,892$4,723
29 years$24,694$17,924$12,779$8,973$6,223$4,194
30 years$23,613$16,928$11,903$8,235$5,623$3,726
31 years$22,603$16,002$11,097$7,564$5,084$3,312
32 years$21,659$15,141$10,354$6,951$4,599$2,945
33 years$20,774$14,339$9,667$6,392$4,162$2,620
34 years$19,943$13,590$9,033$5,881$3,768$2,331
35 years$19,160$12,890$8,445$5,414$3,413$2,075
36 years$18,423$12,235$7,900$4,986$3,092$1,847
37 years$17,728$11,620$7,394$4,594$2,803$1,645
38 years$17,071$11,043$6,924$4,235$2,541$1,465
39 years$16,449$10,501$6,487$3,904$2,304$1,305
40 years$15,859$9,991$6,081$3,601$2,090$1,163
41 years$15,300$9,510$5,702$3,323$1,896$1,036
42 years$14,768$9,057$5,348$3,066$1,720$923
43 years$14,263$8,630$5,019$2,831$1,561$823
44 years$13,782$8,226$4,711$2,614$1,417$733
45 years$13,324$7,844$4,423$2,414$1,287$654
46 years$12,887$7,483$4,155$2,230$1,168$583
47 years$12,470$7,141$3,903$2,060$1,061$520
48 years$12,072$6,817$3,668$1,903$963$463
49 years$11,690$6,510$3,448$1,759$875$413
50 years$11,326$6,219$3,241$1,626$795$368

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 $3,360 every year, while hoping to spend $50,555 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: 43/36/21 Blend
39$11,600,000$11,600,000$11,600,000$11,600,000
40$12,786,666$12,171,866$11,992,066$13,258,133
41$14,037,116$12,714,497$12,340,010$14,135,031
42$15,413,417$13,282,023$12,697,916$15,079,320
43$16,928,353$13,875,610$13,066,064$16,101,370
44$18,596,010$14,496,480$13,444,742$17,208,381
45$20,431,908$15,145,912$13,834,246$18,408,255
46$22,453,150$15,825,249$14,234,880$19,709,669
47$24,678,580$16,535,895$14,646,957$21,122,150
48$27,128,963$17,279,321$15,070,798$22,656,164
49$29,827,179$18,057,070$15,506,732$24,323,207
50$32,798,442$18,870,758$15,955,098$26,135,911
51$36,070,534$19,722,076$16,416,245$28,108,155
52$39,674,069$20,612,798$16,890,529$30,255,193
53$43,642,781$21,544,782$17,378,319$32,593,792
54$48,013,844$22,519,975$17,879,992$35,142,385
55$52,828,219$23,540,417$18,395,934$37,921,235
56$58,131,045$24,608,245$18,926,546$40,952,627
57$63,972,060$25,725,698$19,472,234$44,261,065
58$70,406,077$26,895,123$20,033,420$47,873,497
59$77,493,492$28,118,980$20,610,535$51,819,568
60$85,300,863$29,399,844$21,204,022$56,131,884
61$93,901,530$30,740,416$21,814,337$60,846,320
62$103,376,316$32,143,526$22,441,947$66,002,341
63$113,814,279$33,612,138$23,087,331$71,643,375
64$125,313,563$35,149,360$23,750,984$77,817,208
65$137,982,316$36,758,448$24,433,411$84,576,426
66$151,939,715$38,442,815$25,135,133$91,978,906
67$167,317,089$40,206,036$25,856,683$100,088,345
68$184,259,160$42,051,860$26,598,611$108,974,857
69$202,925,409$43,984,215$27,361,478$118,715,617
70$223,491,576$46,007,218$28,145,864$129,395,584
71$246,151,328$48,125,182$28,952,361$141,108,285
72$271,118,078$50,342,631$29,781,580$153,956,691
73$298,627,005$52,664,303$30,634,146$168,054,167
74$328,937,272$55,095,166$31,510,702$183,525,538
75$362,334,470$57,640,425$32,411,907$200,508,243
76$399,133,319$60,305,539$33,338,439$219,153,622
77$439,680,634$63,096,227$34,290,993$239,628,329
78$484,358,600$66,018,483$35,270,282$262,115,886
79$533,588,380$69,078,592$36,277,040$286,818,396
80$587,834,092$72,283,140$37,312,018$313,958,439
81$647,607,187$75,639,032$38,375,988$343,781,144
82$713,471,279$79,153,503$39,469,743$376,556,493
83$786,047,466$82,834,141$40,594,095$412,581,839
84$866,020,190$86,688,897$41,749,880$452,184,697
85$954,143,703$90,726,106$42,937,954$495,725,810
86$1,051,249,181$94,954,506$44,159,197$543,602,532
87$1,158,252,578$99,383,257$45,414,509$596,252,551
88$1,276,163,264$104,021,959$46,704,819$654,157,994
89$1,406,093,561$108,880,680$48,031,074$717,849,954
90$1,549,269,240$113,969,969$49,394,251$787,913,473
91$1,707,041,094$119,300,889$50,795,350$864,993,030
92$1,880,897,688$124,885,035$52,235,397$949,798,601
93$2,072,479,414$130,734,564$53,715,445$1,043,112,321
94$2,283,593,977$136,862,220$55,236,575$1,145,795,836
95$2,516,233,457$143,281,363$56,799,895$1,258,798,402
96$2,772,593,121$150,006,001$58,406,542$1,383,165,803
97$3,055,092,142$157,050,817$60,057,683$1,520,050,188
98$3,366,396,440$164,431,207$61,754,515$1,670,720,905
99$3,709,443,851$172,163,310$63,498,266$1,836,576,437
100$4,087,471,859$180,264,048$65,290,193$2,019,157,565