Can I retire at age 40 with 11,700,000?

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 $11,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$966,175$957,569$949,172$940,977$932,974$918,274
2 years$478,304$469,397$460,763$452,393$444,274$429,502
3 years$315,702$306,756$298,144$289,852$281,865$267,481
4 years$234,417$225,498$216,973$208,822$201,029$187,143
5 years$185,659$176,793$168,380$160,396$152,819$139,472
6 years$153,164$144,365$136,076$128,270$120,920$108,127
7 years$129,962$121,237$113,080$105,458$98,341$86,106
8 years$112,569$103,923$95,901$88,466$81,583$69,904
9 years$99,048$90,484$82,599$75,353$68,705$57,576
10 years$88,237$79,757$72,012$64,955$58,540$47,952
11 years$79,398$71,003$63,398$56,530$50,346$40,288
12 years$72,038$63,728$56,264$49,585$43,629$34,088
13 years$65,814$57,592$50,268$43,776$38,045$29,008
14 years$60,484$52,349$45,166$38,859$33,350$24,802
15 years$55,870$47,822$40,779$34,656$29,364$21,289
16 years$51,835$43,876$36,972$31,030$25,952$18,334
17 years$48,280$40,408$33,643$27,881$23,011$15,833
18 years$45,122$37,339$30,712$25,126$20,460$13,705
19 years$42,301$34,605$28,115$22,704$18,237$11,887
20 years$39,765$32,157$25,803$20,562$16,289$10,328
21 years$37,473$29,953$23,734$18,662$14,577$8,987
22 years$35,392$27,960$21,874$16,968$13,066$7,830
23 years$33,495$26,150$20,197$15,453$11,729$6,829
24 years$31,759$24,501$18,679$14,094$10,542$5,962
25 years$30,164$22,993$17,300$12,871$9,487$5,209
26 years$28,695$21,610$16,045$11,769$8,545$4,555
27 years$27,336$20,337$14,899$10,772$7,704$3,985
28 years$26,077$19,164$13,851$9,870$6,952$3,489
29 years$24,906$18,079$12,889$9,051$6,277$3,055
30 years$23,816$17,074$12,006$8,306$5,672$2,677
31 years$22,798$16,140$11,193$7,629$5,128$2,346
32 years$21,846$15,272$10,443$7,011$4,638$2,057
33 years$20,953$14,463$9,751$6,447$4,198$1,804
34 years$20,114$13,707$9,111$5,932$3,801$1,583
35 years$19,326$13,001$8,518$5,461$3,442$1,389
36 years$18,582$12,340$7,968$5,029$3,119$1,219
37 years$17,881$11,720$7,458$4,634$2,827$1,070
38 years$17,218$11,138$6,984$4,271$2,563$939
39 years$16,590$10,592$6,543$3,938$2,324$824
40 years$15,996$10,077$6,133$3,632$2,108$724
41 years$15,432$9,592$5,751$3,351$1,912$636
42 years$14,896$9,135$5,395$3,093$1,735$558
43 years$14,386$8,704$5,062$2,855$1,575$490
44 years$13,901$8,297$4,752$2,636$1,430$431
45 years$13,439$7,912$4,462$2,435$1,298$378
46 years$12,998$7,548$4,190$2,249$1,178$332
47 years$12,578$7,203$3,937$2,078$1,070$292
48 years$12,176$6,876$3,700$1,920$972$256
49 years$11,791$6,566$3,477$1,774$883$225
50 years$11,423$6,272$3,269$1,640$802$198

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,700,000, adding $5,702 every year, while hoping to spend $32,696 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: 82/6/12 Blend
39$11,700,000$11,700,000$11,700,000$11,700,000
40$12,899,282$12,279,182$12,097,832$13,928,999
41$14,180,220$12,846,073$12,468,321$15,171,819
42$15,590,718$13,439,647$12,850,125$16,531,212
43$17,143,957$14,061,175$13,243,590$18,022,799
44$18,854,460$14,711,992$13,649,070$19,659,834
45$20,738,232$15,393,497$14,066,931$21,456,912
46$22,812,908$16,107,154$14,497,549$23,430,107
47$25,097,922$16,854,501$14,941,314$25,597,126
48$27,614,686$17,637,149$15,398,624$27,977,471
49$30,386,799$18,456,784$15,869,893$30,592,621
50$33,440,264$19,315,177$16,355,546$33,466,239
51$36,803,733$20,214,183$16,856,019$36,624,387
52$40,508,781$21,155,746$17,371,763$40,095,777
53$44,590,203$22,141,904$17,903,244$43,912,036
54$49,086,341$23,174,794$18,450,939$48,108,005
55$54,039,444$24,256,655$19,015,342$52,722,065
56$59,496,072$25,389,836$19,596,961$57,796,501
57$65,507,531$26,576,798$20,196,319$63,377,894
58$72,130,360$27,820,121$20,813,955$69,517,563
59$79,426,860$29,122,511$21,450,426$76,272,048
60$87,465,688$30,486,802$22,106,304$83,703,639
61$96,322,501$31,915,968$22,782,178$91,880,962
62$106,080,671$33,413,126$23,478,656$100,879,628
63$116,832,073$34,981,542$24,196,364$110,782,942
64$128,677,950$36,624,643$24,935,948$121,682,686
65$141,729,870$38,346,020$25,698,071$133,679,988
66$156,110,779$40,149,437$26,483,419$146,886,267
67$171,956,161$42,038,842$27,292,696$161,424,290
68$189,415,318$44,018,374$28,126,630$177,429,321
69$208,652,777$46,092,371$28,985,969$195,050,400
70$229,849,846$48,265,383$29,871,484$214,451,747
71$253,206,322$50,542,178$30,783,971$235,814,305
72$278,942,379$52,927,758$31,724,247$259,337,449
73$307,300,649$55,427,365$32,693,156$285,240,865
74$338,548,506$58,046,496$33,691,567$313,766,617
75$372,980,594$60,790,916$34,720,376$345,181,433
76$410,921,611$63,666,666$35,780,504$379,779,214
77$452,729,366$66,680,083$36,872,901$417,883,812
78$498,798,165$69,837,811$37,998,548$459,852,075
79$549,562,530$73,146,816$39,158,451$506,077,218
80$605,501,298$76,614,401$40,353,649$556,992,528
81$667,142,148$80,248,224$41,585,214$613,075,450
82$735,066,576$84,056,315$42,854,248$674,852,090
83$809,915,387$88,047,095$44,161,885$742,902,177
84$892,394,746$92,229,392$45,509,297$817,864,529
85$983,282,840$96,612,463$46,897,690$900,443,083
86$1,083,437,231$101,206,015$48,328,303$991,413,528
87$1,193,802,946$106,020,226$49,802,419$1,091,630,629
88$1,315,421,399$111,065,771$51,321,353$1,202,036,287
89$1,449,440,228$116,353,839$52,886,463$1,323,668,424
90$1,597,124,120$121,896,166$54,499,150$1,457,670,776
91$1,759,866,762$127,705,059$56,160,852$1,605,303,686
92$1,939,203,985$133,793,422$57,873,055$1,767,955,992
93$2,136,828,277$140,174,784$59,637,287$1,947,158,132
94$2,354,604,749$146,863,336$61,455,123$2,144,596,587
95$2,594,588,750$153,873,957$63,328,187$2,362,129,790
96$2,859,045,271$161,222,249$65,258,150$2,601,805,665
97$3,150,470,324$168,924,574$67,246,733$2,865,880,955
98$3,471,614,508$176,998,090$69,295,710$3,156,842,511
99$3,825,508,980$185,460,788$71,406,909$3,477,430,767
100$4,215,494,067$194,331,538$73,582,211$3,830,665,596