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

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 $11,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$974,433$965,753$957,285$949,019$940,949$906,842
2 years$482,393$473,408$464,701$456,259$448,071$414,083
3 years$318,401$309,378$300,693$292,330$284,274$251,474
4 years$236,421$227,425$218,827$210,607$202,747$171,385
5 years$187,245$178,304$169,819$161,766$154,125$124,283
6 years$154,473$145,599$137,239$129,366$121,954$93,653
7 years$131,073$122,274$114,046$106,359$99,181$72,416
8 years$113,531$104,811$96,720$89,222$82,280$57,027
9 years$99,894$91,257$83,305$75,997$69,292$45,516
10 years$88,992$80,438$72,627$65,510$59,040$36,701
11 years$80,077$71,610$63,940$57,014$50,777$29,827
12 years$72,653$64,273$56,745$50,009$44,002$24,390
13 years$66,377$58,084$50,698$44,150$38,370$20,043
14 years$61,001$52,797$45,552$39,192$33,635$16,536
15 years$56,347$48,231$41,128$34,952$29,615$13,686
16 years$52,278$44,251$37,288$31,296$26,174$11,357
17 years$48,692$40,753$33,931$28,119$23,208$9,444
18 years$45,508$37,658$30,974$25,341$20,635$7,867
19 years$42,662$34,901$28,356$22,898$18,393$6,563
20 years$40,104$32,432$26,023$20,738$16,429$5,482
21 years$37,793$30,209$23,936$18,821$14,702$4,584
22 years$35,695$28,199$22,061$17,113$13,178$3,835
23 years$33,782$26,374$20,370$15,585$11,829$3,212
24 years$32,031$24,711$18,838$14,214$10,633$2,691
25 years$30,422$23,190$17,448$12,981$9,568$2,256
26 years$28,940$21,795$16,182$11,870$8,618$1,891
27 years$27,570$20,511$15,027$10,864$7,770$1,587
28 years$26,300$19,328$13,969$9,954$7,011$1,331
29 years$25,119$18,233$13,000$9,128$6,331$1,117
30 years$24,020$17,219$12,109$8,377$5,720$938
31 years$22,993$16,278$11,289$7,694$5,172$788
32 years$22,033$15,402$10,532$7,071$4,678$661
33 years$21,132$14,586$9,834$6,502$4,234$555
34 years$20,286$13,825$9,188$5,983$3,833$467
35 years$19,491$13,112$8,591$5,507$3,472$392
36 years$18,741$12,446$8,036$5,072$3,146$329
37 years$18,034$11,820$7,522$4,673$2,851$277
38 years$17,365$11,234$7,044$4,308$2,585$232
39 years$16,732$10,682$6,599$3,972$2,344$195
40 years$16,132$10,163$6,186$3,663$2,126$164
41 years$15,564$9,674$5,800$3,380$1,929$138
42 years$15,023$9,213$5,441$3,119$1,750$116
43 years$14,509$8,779$5,105$2,879$1,588$97
44 years$14,020$8,368$4,792$2,659$1,442$82
45 years$13,554$7,979$4,500$2,455$1,309$69
46 years$13,109$7,612$4,226$2,268$1,188$58
47 years$12,685$7,264$3,971$2,095$1,079$48
48 years$12,280$6,935$3,731$1,936$980$41
49 years$11,892$6,622$3,507$1,789$890$34
50 years$11,521$6,326$3,297$1,654$808$29

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 $5,051 every year, while hoping to spend $58,957 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: 41/31/28 Blend
39$11,800,000$11,800,000$11,800,000$11,800,000
40$13,008,810$12,383,410$12,200,510$13,434,839
41$14,272,979$12,927,467$12,546,497$14,287,571
42$15,664,117$13,496,208$12,902,099$15,204,098
43$17,195,113$14,090,778$13,267,576$16,195,078
44$18,880,168$14,712,379$13,643,193$17,267,394
45$20,734,930$15,362,271$14,029,225$18,428,605
46$22,776,641$16,041,770$14,425,952$19,687,010
47$25,024,299$16,752,257$14,833,662$21,051,727
48$27,498,837$17,495,178$15,252,650$22,532,768
49$30,223,324$18,272,047$15,683,219$24,141,137
50$33,223,176$19,084,450$16,125,679$25,888,922
51$36,526,401$19,934,049$16,580,350$27,789,412
52$40,163,860$20,822,583$17,047,558$29,857,211
53$44,169,560$21,751,877$17,527,638$32,108,374
54$48,580,975$22,723,839$18,020,934$34,560,552
55$53,439,397$23,740,469$18,527,797$37,233,155
56$58,790,328$24,803,865$19,048,591$40,147,527
57$64,683,907$25,916,220$19,583,684$43,327,145
58$71,175,386$27,079,835$20,133,458$46,797,830
59$78,325,647$28,297,119$20,698,301$50,587,987
60$86,201,782$29,570,597$21,278,614$54,728,864
61$94,877,721$30,902,913$21,874,804$59,254,845
62$104,434,932$32,296,839$22,487,293$64,203,760
63$114,963,187$33,755,276$23,116,510$69,617,241
64$126,561,416$35,281,268$23,762,896$75,541,101
65$139,338,631$36,878,002$24,426,904$82,025,762
66$153,414,963$38,548,815$25,108,997$89,126,722
67$168,922,790$40,297,208$25,809,649$96,905,068
68$186,007,990$42,126,846$26,529,348$105,428,043
69$204,831,315$44,041,571$27,268,591$114,769,673
70$225,569,910$46,045,409$28,027,889$125,011,451
71$248,418,984$48,142,578$28,807,767$136,243,102
72$273,593,654$50,337,498$29,608,761$148,563,411
73$301,330,972$52,634,801$30,431,420$162,081,150
74$331,892,166$55,039,340$31,276,307$176,916,089
75$365,565,102$57,556,204$32,143,999$193,200,111
76$402,667,006$60,190,721$33,035,087$211,078,452
77$443,547,454$62,948,479$33,950,175$230,711,048
78$488,591,672$65,835,333$34,889,884$252,274,036
79$538,224,176$68,857,417$35,854,848$275,961,400
80$592,912,773$72,021,162$36,845,717$301,986,784
81$653,172,984$75,333,307$37,863,156$330,585,496
82$719,572,905$78,800,915$38,907,848$362,016,706
83$792,738,570$82,431,389$39,980,490$396,565,879
84$873,359,863$86,232,487$41,081,796$434,547,449
85$962,197,031$90,212,340$42,212,497$476,307,767
86$1,060,087,855$94,379,471$43,373,343$522,228,347
87$1,167,955,564$98,742,814$44,565,098$572,729,451
88$1,286,817,551$103,311,731$45,788,548$628,274,029
89$1,417,794,972$108,096,037$47,044,495$689,372,065
90$1,562,123,334$113,106,017$48,333,760$756,585,370
91$1,721,164,156$118,352,454$49,657,184$830,532,855
92$1,896,417,827$123,846,651$51,015,626$911,896,351
93$2,089,537,762$129,600,453$52,409,966$1,001,427,011
94$2,302,346,017$135,626,280$53,841,104$1,099,952,376
95$2,536,850,490$141,937,147$55,309,960$1,208,384,154
96$2,795,263,873$148,546,699$56,817,476$1,327,726,794
97$3,080,024,541$155,469,241$58,364,615$1,459,086,934
98$3,393,819,576$162,719,765$59,952,361$1,603,683,812
99$3,739,610,129$170,313,990$61,581,722$1,762,860,738
100$4,120,659,378$178,268,392$63,253,726$1,938,097,739