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%19.4%
1 years$957,917$949,385$941,060$932,934$925,000$890,058
2 years$474,216$465,385$456,825$448,526$440,476$405,678
3 years$313,004$304,134$295,596$287,375$279,456$245,897
4 years$232,413$223,571$215,118$207,038$199,311$167,246
5 years$184,072$175,282$166,941$159,025$151,513$121,026
6 years$151,855$143,131$134,913$127,173$119,887$90,999
7 years$128,851$120,201$112,113$104,556$97,500$70,202
8 years$111,607$103,035$95,081$87,710$80,886$55,152
9 years$98,201$89,710$81,893$74,709$68,118$43,912
10 years$87,483$79,075$71,396$64,400$58,040$35,318
11 years$78,720$70,396$62,856$56,047$49,916$28,628
12 years$71,422$63,184$55,783$49,161$43,256$23,348
13 years$65,252$57,100$49,839$43,402$37,720$19,134
14 years$59,968$51,902$44,780$38,527$33,065$15,742
15 years$55,392$47,413$40,431$34,360$29,113$12,992
16 years$51,392$43,501$36,656$30,765$25,730$10,749
17 years$47,867$40,063$33,356$27,642$22,814$8,913
18 years$44,737$37,020$30,449$24,911$20,285$7,402
19 years$41,939$34,309$27,875$22,509$18,081$6,157
20 years$39,425$31,882$25,582$20,387$16,150$5,127
21 years$37,153$29,697$23,531$18,502$14,453$4,273
22 years$35,090$27,721$21,687$16,823$12,955$3,565
23 years$33,209$25,927$20,024$15,321$11,629$2,975
24 years$31,488$24,292$18,519$13,973$10,452$2,485
25 years$29,907$22,797$17,152$12,761$9,405$2,076
26 years$28,449$21,425$15,908$11,668$8,472$1,736
27 years$27,102$20,164$14,772$10,680$7,638$1,451
28 years$25,854$19,000$13,732$9,785$6,892$1,214
29 years$24,694$17,924$12,779$8,973$6,223$1,015
30 years$23,613$16,928$11,903$8,235$5,623$850
31 years$22,603$16,002$11,097$7,564$5,084$711
32 years$21,659$15,141$10,354$6,951$4,599$595
33 years$20,774$14,339$9,667$6,392$4,162$498
34 years$19,943$13,590$9,033$5,881$3,768$417
35 years$19,160$12,890$8,445$5,414$3,413$349
36 years$18,423$12,235$7,900$4,986$3,092$292
37 years$17,728$11,620$7,394$4,594$2,803$245
38 years$17,071$11,043$6,924$4,235$2,541$205
39 years$16,449$10,501$6,487$3,904$2,304$172
40 years$15,859$9,991$6,081$3,601$2,090$144
41 years$15,300$9,510$5,702$3,323$1,896$120
42 years$14,768$9,057$5,348$3,066$1,720$101
43 years$14,263$8,630$5,019$2,831$1,561$84
44 years$13,782$8,226$4,711$2,614$1,417$71
45 years$13,324$7,844$4,423$2,414$1,287$59
46 years$12,887$7,483$4,155$2,230$1,168$50
47 years$12,470$7,141$3,903$2,060$1,061$42
48 years$12,072$6,817$3,668$1,903$963$35
49 years$11,690$6,510$3,448$1,759$875$29
50 years$11,326$6,219$3,241$1,626$795$24

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 $2,174 every year, while hoping to spend $26,184 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: 44/27/29 Blend
39$11,600,000$11,600,000$11,600,000$11,600,000
40$12,785,442$12,170,642$11,990,842$13,240,180
41$14,061,698$12,739,144$12,364,676$14,134,112
42$15,467,254$13,334,625$12,750,156$15,099,890
43$17,015,272$13,958,380$13,147,643$16,146,353
44$18,720,253$14,611,764$13,557,513$17,281,030
45$20,598,180$15,296,201$13,980,151$18,512,189
46$22,666,661$16,013,182$14,415,953$19,848,908
47$24,945,103$16,764,271$14,865,330$21,301,165
48$27,454,889$17,551,105$15,328,704$22,879,917
49$30,219,583$18,375,405$15,806,511$24,597,207
50$33,265,151$19,238,970$16,299,199$26,466,272
51$36,620,207$20,143,690$16,807,233$28,501,659
52$40,316,281$21,091,544$17,331,088$30,719,361
53$44,388,121$22,084,609$17,871,259$33,136,962
54$48,874,015$23,125,061$18,428,252$35,773,795
55$53,816,157$24,215,181$19,002,591$38,651,123
56$59,261,043$25,357,363$19,594,816$41,792,330
57$65,259,910$26,554,114$20,205,482$45,223,137
58$71,869,220$27,808,065$20,835,165$48,971,838
59$79,151,192$29,121,972$21,484,455$53,069,562
60$87,174,393$30,498,727$22,153,963$57,550,555
61$96,014,377$31,941,361$22,844,317$62,452,501
62$105,754,408$33,453,052$23,556,167$67,816,866
63$116,486,239$35,037,133$24,290,180$73,689,285
64$128,310,981$36,697,098$25,047,046$80,119,979
65$141,340,055$38,436,610$25,827,476$87,164,227
66$155,696,248$40,259,511$26,632,204$94,882,872
67$171,514,867$42,169,829$27,461,984$103,342,890
68$188,945,019$44,171,786$28,317,596$112,618,010
69$208,151,019$46,269,812$29,199,844$122,789,400
70$229,313,940$48,468,550$30,109,556$133,946,421
71$252,633,322$50,772,869$31,047,586$146,187,463
72$278,329,056$53,187,874$32,014,815$159,620,857
73$306,643,459$55,718,920$33,012,151$174,365,885
74$337,843,564$58,371,618$34,040,530$190,553,896
75$372,223,637$61,151,858$35,100,917$208,329,533
76$410,107,959$64,065,809$36,194,309$227,852,078
77$451,853,883$67,119,946$37,321,730$249,296,947
78$497,855,211$70,321,056$38,484,240$272,857,324
79$548,545,910$73,676,255$39,682,930$298,745,976
80$604,404,208$77,193,007$40,918,923$327,197,237
81$665,957,111$80,879,138$42,193,381$358,469,205
82$733,785,376$84,742,855$43,507,499$392,846,161
83$808,528,994$88,792,765$44,862,510$430,641,232
84$890,893,233$93,037,892$46,259,686$472,199,325
85$981,655,294$97,487,700$47,700,336$517,900,363
86$1,081,671,651$102,152,114$49,185,814$568,162,848
87$1,191,886,132$107,041,540$50,717,512$623,447,792
88$1,313,338,835$112,166,894$52,296,866$684,263,037
89$1,447,175,945$117,539,620$53,925,360$751,168,031
90$1,594,660,551$123,171,720$55,604,519$824,779,079
91$1,757,184,575$129,075,783$57,335,918$905,775,134
92$1,936,281,912$135,265,007$59,121,182$994,904,176
93$2,133,642,910$141,753,235$60,961,984$1,092,990,243
94$2,351,130,327$148,554,984$62,860,051$1,200,941,179
95$2,590,796,920$155,685,477$64,817,162$1,319,757,170
96$2,854,904,821$163,160,681$66,835,152$1,450,540,150
97$3,145,946,896$170,997,338$68,915,914$1,594,504,171
98$3,466,670,279$179,213,007$71,061,396$1,752,986,821
99$3,820,102,307$187,826,104$73,273,612$1,927,461,812
100$4,209,579,098$196,855,939$75,554,634$2,119,552,855