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%19.5%
1 years$974,433$965,753$957,285$949,019$940,949$905,045
2 years$482,393$473,408$464,701$456,259$448,071$412,321
3 years$318,401$309,378$300,693$292,330$284,274$249,804
4 years$236,421$227,425$218,827$210,607$202,747$169,818
5 years$187,245$178,304$169,819$161,766$154,125$122,822
6 years$154,473$145,599$137,239$129,366$121,954$92,298
7 years$131,073$122,274$114,046$106,359$99,181$71,164
8 years$113,531$104,811$96,720$89,222$82,280$55,875
9 years$99,894$91,257$83,305$75,997$69,292$44,460
10 years$88,992$80,438$72,627$65,510$59,040$35,736
11 years$80,077$71,610$63,940$57,014$50,777$28,948
12 years$72,653$64,273$56,745$50,009$44,002$23,593
13 years$66,377$58,084$50,698$44,150$38,370$19,322
14 years$61,001$52,797$45,552$39,192$33,635$15,885
15 years$56,347$48,231$41,128$34,952$29,615$13,100
16 years$52,278$44,251$37,288$31,296$26,174$10,831
17 years$48,692$40,753$33,931$28,119$23,208$8,974
18 years$45,508$37,658$30,974$25,341$20,635$7,448
19 years$42,662$34,901$28,356$22,898$18,393$6,190
20 years$40,104$32,432$26,023$20,738$16,429$5,150
21 years$37,793$30,209$23,936$18,821$14,702$4,290
22 years$35,695$28,199$22,061$17,113$13,178$3,575
23 years$33,782$26,374$20,370$15,585$11,829$2,982
24 years$32,031$24,711$18,838$14,214$10,633$2,489
25 years$30,422$23,190$17,448$12,981$9,568$2,078
26 years$28,940$21,795$16,182$11,870$8,618$1,735
27 years$27,570$20,511$15,027$10,864$7,770$1,450
28 years$26,300$19,328$13,969$9,954$7,011$1,212
29 years$25,119$18,233$13,000$9,128$6,331$1,013
30 years$24,020$17,219$12,109$8,377$5,720$847
31 years$22,993$16,278$11,289$7,694$5,172$708
32 years$22,033$15,402$10,532$7,071$4,678$592
33 years$21,132$14,586$9,834$6,502$4,234$495
34 years$20,286$13,825$9,188$5,983$3,833$414
35 years$19,491$13,112$8,591$5,507$3,472$346
36 years$18,741$12,446$8,036$5,072$3,146$290
37 years$18,034$11,820$7,522$4,673$2,851$242
38 years$17,365$11,234$7,044$4,308$2,585$203
39 years$16,732$10,682$6,599$3,972$2,344$170
40 years$16,132$10,163$6,186$3,663$2,126$142
41 years$15,564$9,674$5,800$3,380$1,929$119
42 years$15,023$9,213$5,441$3,119$1,750$99
43 years$14,509$8,779$5,105$2,879$1,588$83
44 years$14,020$8,368$4,792$2,659$1,442$70
45 years$13,554$7,979$4,500$2,455$1,309$58
46 years$13,109$7,612$4,226$2,268$1,188$49
47 years$12,685$7,264$3,971$2,095$1,079$41
48 years$12,280$6,935$3,731$1,936$980$34
49 years$11,892$6,622$3,507$1,789$890$29
50 years$11,521$6,326$3,297$1,654$808$24

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 $6,045 every year, while hoping to spend $52,141 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: 47/39/14 Blend
39$11,800,000$11,800,000$11,800,000$11,800,000
40$13,009,835$12,384,435$12,201,535$13,569,903
41$14,281,361$12,935,795$12,554,809$14,509,587
42$15,680,835$13,512,424$12,918,170$15,523,035
43$17,221,252$14,115,505$13,291,901$16,621,809
44$18,916,933$14,746,278$13,676,293$17,813,877
45$20,783,655$15,406,040$14,071,643$19,107,983
46$22,838,804$16,096,153$14,478,260$20,513,734
47$25,101,538$16,818,040$14,896,458$22,041,681
48$27,592,966$17,573,195$15,326,560$23,703,415
49$30,336,348$18,363,181$15,768,899$25,511,672
50$33,357,315$19,189,637$16,223,817$27,480,446
51$36,684,111$20,054,279$16,691,665$29,625,119
52$40,347,857$20,958,905$17,172,803$31,962,598
53$44,382,848$21,905,401$17,667,600$34,511,470
54$48,826,871$22,895,738$18,176,438$37,292,171
55$53,721,570$23,931,988$18,699,707$40,327,170
56$59,112,831$25,016,315$19,237,807$43,641,180
57$65,051,217$26,150,992$19,791,151$47,261,378
58$71,592,448$27,338,398$20,360,162$51,217,659
59$78,797,924$28,581,026$20,945,274$55,542,907
60$86,735,305$29,881,488$21,546,933$60,273,300
61$95,479,148$31,242,523$22,165,597$65,448,640
62$105,111,614$32,667,000$22,801,737$71,112,723
63$115,723,239$34,157,924$23,455,836$77,313,742
64$127,413,793$35,718,445$24,128,390$84,104,732
65$140,293,217$37,351,866$24,819,908$91,544,061
66$154,482,664$39,061,646$25,530,914$99,695,971
67$170,115,639$40,851,410$26,261,943$108,631,169
68$187,339,264$42,724,959$27,013,548$118,427,492
69$206,315,661$44,686,275$27,786,294$129,170,619
70$227,223,487$46,739,530$28,580,763$140,954,876
71$250,259,615$48,889,099$29,397,551$153,884,107
72$275,640,996$51,139,566$30,237,270$168,072,646
73$303,606,709$53,495,735$31,100,549$183,646,375
74$334,420,209$55,962,642$31,988,033$200,743,904
75$368,371,823$58,545,565$32,900,385$219,517,859
76$405,781,485$61,250,034$33,838,285$240,136,310
77$447,001,759$64,081,848$34,802,430$262,784,335
78$492,421,164$67,047,083$35,793,536$287,665,755
79$542,467,842$70,152,110$36,812,339$315,005,034
80$597,613,602$73,403,604$37,859,593$345,049,383
81$658,378,373$76,808,564$38,936,072$378,071,067
82$725,335,108$80,374,324$40,042,571$414,369,959
83$799,115,197$84,108,574$41,179,906$454,276,346
84$880,414,426$88,019,374$42,348,912$498,154,021
85$969,999,545$92,115,171$43,550,448$546,403,695
86$1,068,715,507$96,404,822$44,785,396$599,466,754
87$1,177,493,440$100,897,610$46,054,659$657,829,398
88$1,297,359,445$105,603,267$47,359,164$722,027,198
89$1,429,444,275$110,531,993$48,699,862$792,650,131
90$1,574,994,014$115,694,484$50,077,730$870,348,108
91$1,735,381,838$121,101,948$51,493,769$955,837,086
92$1,912,120,982$126,766,140$52,949,006$1,049,905,784
93$2,106,879,019$132,699,378$54,444,495$1,153,423,101
94$2,321,493,609$138,914,578$55,981,316$1,267,346,274
95$2,557,989,845$145,425,280$57,560,578$1,392,729,880
96$2,818,599,369$152,245,679$59,183,418$1,530,735,748
97$3,105,781,444$159,390,656$60,851,001$1,682,643,886
98$3,422,246,165$166,875,812$62,564,524$1,849,864,518
99$3,770,980,052$174,717,504$64,325,213$2,033,951,350
100$4,155,274,235$182,932,880$66,134,325$2,236,616,190