Can I retire at age 40 with 11,800,000?

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 $11,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$974,433$965,753$957,285$949,019$940,949$923,083
2 years$482,393$473,408$464,701$456,259$448,071$430,141
3 years$318,401$309,378$300,693$292,330$284,274$266,840
4 years$236,421$227,425$218,827$210,607$202,747$185,941
5 years$187,245$178,304$169,819$161,766$154,125$137,997
6 years$154,473$145,599$137,239$129,366$121,954$106,520
7 years$131,073$122,274$114,046$106,359$99,181$84,446
8 years$113,531$104,811$96,720$89,222$82,280$68,240
9 years$99,894$91,257$83,305$75,997$69,292$55,938
10 years$88,992$80,438$72,627$65,510$59,040$46,360
11 years$80,077$71,610$63,940$57,014$50,777$38,755
12 years$72,653$64,273$56,745$50,009$44,002$32,623
13 years$66,377$58,084$50,698$44,150$38,370$27,615
14 years$61,001$52,797$45,552$39,192$33,635$23,484
15 years$56,347$48,231$41,128$34,952$29,615$20,047
16 years$52,278$44,251$37,288$31,296$26,174$17,168
17 years$48,692$40,753$33,931$28,119$23,208$14,741
18 years$45,508$37,658$30,974$25,341$20,635$12,686
19 years$42,662$34,901$28,356$22,898$18,393$10,939
20 years$40,104$32,432$26,023$20,738$16,429$9,448
21 years$37,793$30,209$23,936$18,821$14,702$8,171
22 years$35,695$28,199$22,061$17,113$13,178$7,075
23 years$33,782$26,374$20,370$15,585$11,829$6,133
24 years$32,031$24,711$18,838$14,214$10,633$5,321
25 years$30,422$23,190$17,448$12,981$9,568$4,620
26 years$28,940$21,795$16,182$11,870$8,618$4,014
27 years$27,570$20,511$15,027$10,864$7,770$3,489
28 years$26,300$19,328$13,969$9,954$7,011$3,035
29 years$25,119$18,233$13,000$9,128$6,331$2,640
30 years$24,020$17,219$12,109$8,377$5,720$2,298
31 years$22,993$16,278$11,289$7,694$5,172$2,001
32 years$22,033$15,402$10,532$7,071$4,678$1,743
33 years$21,132$14,586$9,834$6,502$4,234$1,518
34 years$20,286$13,825$9,188$5,983$3,833$1,323
35 years$19,491$13,112$8,591$5,507$3,472$1,153
36 years$18,741$12,446$8,036$5,072$3,146$1,005
37 years$18,034$11,820$7,522$4,673$2,851$876
38 years$17,365$11,234$7,044$4,308$2,585$764
39 years$16,732$10,682$6,599$3,972$2,344$666
40 years$16,132$10,163$6,186$3,663$2,126$581
41 years$15,564$9,674$5,800$3,380$1,929$507
42 years$15,023$9,213$5,441$3,119$1,750$442
43 years$14,509$8,779$5,105$2,879$1,588$385
44 years$14,020$8,368$4,792$2,659$1,442$336
45 years$13,554$7,979$4,500$2,455$1,309$293
46 years$13,109$7,612$4,226$2,268$1,188$256
47 years$12,685$7,264$3,971$2,095$1,079$223
48 years$12,280$6,935$3,731$1,936$980$195
49 years$11,892$6,622$3,507$1,789$890$170
50 years$11,521$6,326$3,297$1,654$808$148

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,800,000, adding $6,261 every year, while hoping to spend $41,156 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: 74/6/20 Blend
39$11,800,000$11,800,000$11,800,000$11,800,000
40$13,010,058$12,384,658$12,201,758$13,910,486
41$14,293,294$12,947,717$12,566,727$15,072,095
42$15,706,041$13,536,986$12,942,544$16,339,049
43$17,261,466$14,153,706$13,329,527$17,726,394
44$18,974,076$14,799,178$13,728,007$19,246,110
45$20,859,858$15,474,765$14,138,322$20,911,390
46$22,936,429$16,181,893$14,560,820$22,736,762
47$25,223,199$16,922,060$14,995,862$24,738,223
48$27,741,558$17,696,834$15,443,816$26,933,392
49$30,515,076$18,507,858$15,905,063$29,341,672
50$33,569,725$19,356,854$16,379,994$31,984,432
51$36,934,124$20,245,628$16,869,012$34,885,207
52$40,639,812$21,176,070$17,372,530$38,069,920
53$44,721,539$22,150,164$17,890,977$41,567,125
54$49,217,601$23,169,988$18,424,789$45,408,271
55$54,170,198$24,237,718$18,974,421$49,628,002
56$59,625,829$25,355,638$19,540,335$54,264,478
57$65,635,739$26,526,139$20,123,012$59,359,736
58$72,256,394$27,751,729$20,722,942$64,960,085
59$79,550,019$29,035,036$21,340,633$71,116,537
60$87,585,182$30,378,815$21,976,606$77,885,291
61$96,437,446$31,785,952$22,631,398$85,328,257
62$106,190,076$33,259,474$23,305,560$93,513,643
63$116,934,829$34,802,553$23,999,661$102,516,591
64$128,772,817$36,418,514$24,714,285$112,419,887
65$141,815,465$38,110,842$25,450,035$123,314,740
66$156,185,559$39,883,190$26,207,528$135,301,637
67$172,018,408$41,739,389$26,987,402$148,491,293
68$189,463,119$43,683,451$27,790,313$163,005,689
69$208,684,002$45,719,586$28,616,934$178,979,224
70$229,862,129$47,852,204$29,467,960$196,559,977
71$253,197,034$50,085,930$30,344,104$215,911,103
72$278,908,602$52,425,611$31,246,102$237,212,373
73$307,239,142$54,876,329$32,174,709$260,661,860
74$338,455,676$57,443,410$33,130,703$286,477,812
75$372,852,458$60,132,440$34,114,885$314,900,704
76$410,753,752$62,949,273$35,128,077$346,195,507
77$452,516,894$65,900,047$36,171,127$380,654,181
78$498,535,663$68,991,196$37,244,906$418,598,433
79$549,244,002$72,229,465$38,350,311$460,382,743
80$605,120,108$75,621,927$39,488,265$506,397,709
81$666,690,954$79,175,996$40,659,716$557,073,728
82$734,537,257$82,899,446$41,865,642$612,885,055
83$809,298,963$86,800,424$43,107,047$674,354,276
84$891,681,289$90,887,477$44,384,965$742,057,232
85$982,461,378$95,169,560$45,700,458$816,628,451
86$1,082,495,636$99,656,067$47,054,622$898,767,134
87$1,192,727,820$104,356,843$48,448,580$989,243,747
88$1,314,197,942$109,282,212$49,883,492$1,088,907,290
89$1,448,052,090$114,442,999$51,360,547$1,198,693,303
90$1,595,553,250$119,850,552$52,880,972$1,319,632,692
91$1,758,093,223$125,516,771$54,446,026$1,452,861,454
92$1,937,205,769$131,454,130$56,057,005$1,599,631,394
93$2,134,581,087$137,675,712$57,715,244$1,761,321,934
94$2,352,081,768$144,195,232$59,422,115$1,939,453,126
95$2,591,760,380$151,027,071$61,179,028$2,135,699,999
96$2,855,878,849$158,186,307$62,987,435$2,351,908,355
97$3,146,929,807$165,688,751$64,848,830$2,590,112,190
98$3,467,660,130$173,550,982$66,764,748$2,852,552,890
99$3,821,096,864$181,790,382$68,736,769$3,141,700,370
100$4,210,575,811$190,425,178$70,766,517$3,460,276,395