Can I retire at age 40 with 11,900,000?

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 $11,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$982,691$973,938$965,398$957,062$948,923$919,652
2 years$486,481$477,420$468,640$460,126$451,868$422,634
3 years$321,099$311,999$303,241$294,807$286,684$258,404
4 years$238,424$229,353$220,682$212,392$204,465$177,356
5 years$188,832$179,815$171,258$163,137$155,431$129,565
6 years$155,782$146,833$138,402$130,462$122,987$98,388
7 years$132,184$123,310$115,013$107,260$100,022$76,687
8 years$114,493$105,699$97,540$89,978$82,978$60,892
9 years$100,741$92,030$84,011$76,641$69,879$49,019
10 years$89,746$81,120$73,243$66,065$59,541$39,876
11 years$80,756$72,217$64,482$57,497$51,207$32,702
12 years$73,269$64,818$57,226$50,432$44,375$26,992
13 years$66,939$58,576$51,128$44,524$38,696$22,393
14 years$61,518$53,244$45,938$39,524$33,920$18,656
15 years$56,825$48,640$41,476$35,248$29,866$15,595
16 years$52,721$44,626$37,604$31,561$26,396$13,072
17 years$49,105$41,099$34,218$28,357$23,404$10,983
18 years$45,894$37,977$31,237$25,556$20,810$9,245
19 years$43,024$35,197$28,596$23,092$18,548$7,795
20 years$40,444$32,707$26,244$20,914$16,568$6,581
21 years$38,113$30,465$24,139$18,981$14,826$5,562
22 years$35,997$28,438$22,248$17,258$13,290$4,706
23 years$34,068$26,597$20,542$15,717$11,930$3,984
24 years$32,302$24,920$18,998$14,335$10,723$3,375
25 years$30,680$23,386$17,596$13,091$9,649$2,861
26 years$29,185$21,979$16,319$11,970$8,691$2,427
27 years$27,803$20,685$15,154$10,957$7,836$2,059
28 years$26,523$19,491$14,088$10,039$7,070$1,747
29 years$25,332$18,388$13,110$9,206$6,384$1,483
30 years$24,223$17,365$12,211$8,448$5,769$1,260
31 years$23,188$16,416$11,384$7,759$5,215$1,070
32 years$22,219$15,533$10,622$7,131$4,718$909
33 years$21,311$14,710$9,917$6,557$4,270$772
34 years$20,458$13,942$9,266$6,033$3,866$656
35 years$19,656$13,223$8,663$5,554$3,501$558
36 years$18,900$12,551$8,104$5,115$3,172$474
37 years$18,186$11,921$7,586$4,713$2,875$403
38 years$17,512$11,329$7,104$4,344$2,607$342
39 years$16,874$10,773$6,655$4,005$2,364$291
40 years$16,269$10,249$6,238$3,694$2,144$247
41 years$15,695$9,756$5,849$3,409$1,945$210
42 years$15,150$9,292$5,487$3,146$1,765$179
43 years$14,632$8,853$5,149$2,904$1,602$152
44 years$14,139$8,439$4,833$2,681$1,454$129
45 years$13,669$8,047$4,538$2,476$1,320$110
46 years$13,221$7,677$4,262$2,287$1,198$93
47 years$12,793$7,326$4,004$2,113$1,088$79
48 years$12,384$6,994$3,763$1,953$988$68
49 years$11,993$6,678$3,537$1,805$898$57
50 years$11,619$6,379$3,325$1,668$815$49

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,900,000, adding $5,386 every year, while hoping to spend $51,783 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: 36/39/25 Blend
39$11,900,000$11,900,000$11,900,000$11,900,000
40$13,119,356$12,488,656$12,304,206$13,492,687
41$14,402,433$13,045,503$12,661,300$14,325,680
42$15,814,649$13,627,900$13,028,621$15,219,217
43$17,369,121$14,237,045$13,406,457$16,182,852
44$19,080,302$14,874,191$13,795,105$17,222,910
45$20,964,119$15,540,653$14,194,867$18,346,325
46$23,038,121$16,237,806$14,606,056$19,560,703
47$25,321,644$16,967,093$15,028,994$20,874,387
48$27,835,995$17,730,025$15,464,009$22,296,535
49$30,604,655$18,528,184$15,911,441$23,837,196
50$33,653,493$19,363,229$16,371,638$25,507,403
51$37,011,019$20,236,896$16,844,957$27,319,268
52$40,708,645$21,151,007$17,331,766$29,286,093
53$44,780,988$22,107,467$17,832,442$31,422,489
54$49,266,193$23,108,277$18,347,372$33,744,507
55$54,206,290$24,155,528$18,876,955$36,269,782
56$59,647,599$25,251,416$19,421,599$39,017,691
57$65,641,157$26,398,238$19,981,726$42,009,532
58$72,243,207$27,598,404$20,557,767$45,268,715
59$79,515,726$28,854,438$21,150,164$48,820,974
60$87,527,010$30,168,985$21,759,373$52,694,604
61$96,352,315$31,544,816$22,385,863$56,920,715
62$106,074,574$32,984,835$23,030,112$61,533,521
63$116,785,175$34,492,086$23,692,615$66,570,650
64$128,584,824$36,069,759$24,373,879$72,073,491
65$141,584,495$37,721,196$25,074,423$78,087,570
66$155,906,479$39,449,900$25,794,781$84,662,975
67$171,685,537$41,259,542$26,535,503$91,854,811
68$189,070,171$43,153,970$27,297,153$99,723,713
69$208,224,029$45,137,214$28,080,307$108,336,402
70$229,327,444$47,213,502$28,885,562$117,766,302
71$252,579,141$49,387,262$29,713,526$128,094,221
72$278,198,111$51,663,135$30,564,827$139,409,099
73$306,425,676$54,045,987$31,440,107$151,808,829
74$337,527,771$56,540,916$32,340,026$165,401,170
75$371,797,450$59,153,267$33,265,263$180,304,744
76$409,557,655$61,888,641$34,216,514$196,650,141
77$451,164,261$64,752,910$35,194,493$214,581,130
78$497,009,441$67,752,228$36,199,933$234,256,001
79$547,525,361$70,893,045$37,233,588$255,849,038
80$603,188,265$74,182,121$38,296,231$279,552,142
81$664,522,968$77,626,545$39,388,655$305,576,623
82$732,107,810$81,233,745$40,511,674$334,155,168
83$806,580,116$85,011,508$41,666,125$365,544,021
84$888,642,213$88,967,997$42,852,864$400,025,368
85$979,068,058$93,111,767$44,072,774$437,909,985
86$1,078,710,545$97,451,790$45,326,758$479,540,133
87$1,188,509,559$101,997,465$46,615,742$525,292,770
88$1,309,500,844$106,758,651$47,940,680$575,583,077
89$1,442,825,785$111,745,680$49,302,547$630,868,341
90$1,589,742,178$116,969,382$50,702,346$691,652,249
91$1,751,636,112$122,441,113$52,141,106$758,489,599
92$1,930,035,043$128,172,776$53,619,881$831,991,507
93$2,126,622,226$134,176,849$55,139,755$912,831,140
94$2,343,252,594$140,466,416$56,701,838$1,001,750,027
95$2,581,970,280$147,055,192$58,307,271$1,099,565,021
96$2,845,027,905$153,957,554$59,957,222$1,207,175,969
97$3,134,907,854$161,188,576$61,652,891$1,325,574,157
98$3,454,345,701$168,764,062$63,395,508$1,455,851,629
99$3,806,356,041$176,700,580$65,186,337$1,599,211,438
100$4,194,260,950$185,015,500$67,026,671$1,756,978,960