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%12.4%
1 years$982,691$973,938$965,398$957,062$948,923$939,404
2 years$486,481$477,420$468,640$460,126$451,868$442,281
3 years$321,099$311,999$303,241$294,807$286,684$277,325
4 years$238,424$229,353$220,682$212,392$204,465$195,407
5 years$188,832$179,815$171,258$163,137$155,431$146,701
6 years$155,782$146,833$138,402$130,462$122,987$114,595
7 years$132,184$123,310$115,013$107,260$100,022$91,972
8 years$114,493$105,699$97,540$89,978$82,978$75,269
9 years$100,741$92,030$84,011$76,641$69,879$62,509
10 years$89,746$81,120$73,243$66,065$59,541$52,505
11 years$80,756$72,217$64,482$57,497$51,207$44,500
12 years$73,269$64,818$57,226$50,432$44,375$37,990
13 years$66,939$58,576$51,128$44,524$38,696$32,625
14 years$61,518$53,244$45,938$39,524$33,920$28,156
15 years$56,825$48,640$41,476$35,248$29,866$24,399
16 years$52,721$44,626$37,604$31,561$26,396$21,217
17 years$49,105$41,099$34,218$28,357$23,404$18,504
18 years$45,894$37,977$31,237$25,556$20,810$16,179
19 years$43,024$35,197$28,596$23,092$18,548$14,177
20 years$40,444$32,707$26,244$20,914$16,568$12,446
21 years$38,113$30,465$24,139$18,981$14,826$10,944
22 years$35,997$28,438$22,248$17,258$13,290$9,637
23 years$34,068$26,597$20,542$15,717$11,930$8,496
24 years$32,302$24,920$18,998$14,335$10,723$7,499
25 years$30,680$23,386$17,596$13,091$9,649$6,624
26 years$29,185$21,979$16,319$11,970$8,691$5,857
27 years$27,803$20,685$15,154$10,957$7,836$5,182
28 years$26,523$19,491$14,088$10,039$7,070$4,588
29 years$25,332$18,388$13,110$9,206$6,384$4,064
30 years$24,223$17,365$12,211$8,448$5,769$3,602
31 years$23,188$16,416$11,384$7,759$5,215$3,193
32 years$22,219$15,533$10,622$7,131$4,718$2,833
33 years$21,311$14,710$9,917$6,557$4,270$2,513
34 years$20,458$13,942$9,266$6,033$3,866$2,231
35 years$19,656$13,223$8,663$5,554$3,501$1,981
36 years$18,900$12,551$8,104$5,115$3,172$1,759
37 years$18,186$11,921$7,586$4,713$2,875$1,562
38 years$17,512$11,329$7,104$4,344$2,607$1,388
39 years$16,874$10,773$6,655$4,005$2,364$1,233
40 years$16,269$10,249$6,238$3,694$2,144$1,096
41 years$15,695$9,756$5,849$3,409$1,945$974
42 years$15,150$9,292$5,487$3,146$1,765$866
43 years$14,632$8,853$5,149$2,904$1,602$769
44 years$14,139$8,439$4,833$2,681$1,454$684
45 years$13,669$8,047$4,538$2,476$1,320$608
46 years$13,221$7,677$4,262$2,287$1,198$541
47 years$12,793$7,326$4,004$2,113$1,088$481
48 years$12,384$6,994$3,763$1,953$988$428
49 years$11,993$6,678$3,537$1,805$898$380
50 years$11,619$6,379$3,325$1,668$815$338

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 $2,409 every year, while hoping to spend $54,260 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: 47/42/11 Blend
39$11,900,000$11,900,000$11,900,000$11,900,000
40$13,116,285$12,485,585$12,301,135$13,692,623
41$14,396,414$13,039,646$12,655,491$14,644,394
42$15,805,297$13,619,038$13,019,899$15,670,939
43$17,356,011$14,224,944$13,394,639$16,783,803
44$19,062,962$14,858,605$13,779,998$17,991,029
45$20,942,027$15,521,319$14,176,270$19,301,445
46$23,010,698$16,214,448$14,583,759$20,724,745
47$25,288,249$16,939,416$15,002,775$22,271,575
48$27,795,920$17,697,717$15,433,638$23,953,631
49$30,557,114$18,490,915$15,876,675$25,783,761
50$33,597,619$19,320,650$16,332,223$27,776,082
51$36,945,852$20,188,637$16,800,628$29,946,108
52$40,633,124$21,096,675$17,282,244$32,310,889
53$44,693,940$22,046,650$17,777,437$34,889,169
54$49,166,321$23,040,535$18,286,580$37,701,552
55$54,092,163$24,080,399$18,810,058$40,770,694
56$59,517,634$25,168,408$19,348,265$44,121,506
57$65,493,607$26,306,835$19,901,606$47,781,385
58$72,076,142$27,498,057$20,470,497$51,780,462
59$79,327,015$28,744,568$21,055,365$56,151,880
60$87,314,299$30,048,980$21,656,648$60,932,098
61$96,113,007$31,414,030$22,274,796$66,161,225
62$105,805,802$32,842,585$22,910,270$71,883,393
63$116,483,774$34,337,652$23,563,544$78,147,158
64$128,247,301$35,902,380$24,235,105$85,005,953
65$141,206,997$37,540,067$24,925,452$92,518,580
66$155,484,754$39,254,173$25,635,097$100,749,754
67$171,214,893$41,048,322$26,364,567$109,770,704
68$188,545,433$42,926,311$27,114,401$119,659,827
69$207,639,486$44,892,120$27,885,153$130,503,423
70$228,676,800$46,949,919$28,677,392$142,396,493
71$251,855,449$49,104,081$29,491,700$155,443,621
72$277,393,709$51,359,185$30,328,676$169,759,945
73$305,532,115$53,720,033$31,188,935$185,472,236
74$336,535,733$56,191,656$32,073,106$202,720,069
75$370,696,659$58,779,329$32,981,836$221,657,130
76$408,336,779$61,488,577$33,915,788$242,452,647
77$449,810,806$64,325,193$34,875,643$265,292,972
78$495,509,631$67,295,250$35,862,100$290,383,315
79$545,864,006$70,405,110$36,875,873$317,949,666
80$601,348,618$73,661,444$37,917,698$348,240,909
81$662,486,565$77,071,242$38,988,328$381,531,140
82$729,854,294$80,641,833$40,088,537$418,122,244
83$804,087,046$84,380,896$41,219,117$458,346,711
84$885,884,849$88,296,484$42,380,881$502,570,752
85$976,019,126$92,397,035$43,574,664$551,197,734
86$1,075,339,981$96,691,394$44,801,320$604,671,953
87$1,184,784,222$101,188,835$46,061,726$663,482,805
88$1,305,384,200$105,899,076$47,356,782$728,169,371
89$1,438,277,565$110,832,306$48,687,410$799,325,479
90$1,584,717,994$115,999,207$50,054,556$877,605,274
91$1,746,087,035$121,410,973$51,459,189$963,729,357
92$1,923,907,143$127,079,342$52,902,302$1,058,491,553
93$2,119,856,058$133,016,616$54,384,916$1,162,766,369
94$2,335,782,640$139,235,695$55,908,075$1,277,517,203
95$2,573,724,324$145,750,097$57,472,849$1,403,805,405
96$2,835,926,352$152,573,999$59,080,337$1,542,800,246
97$3,124,862,974$159,722,260$60,731,663$1,695,789,915
98$3,443,260,805$167,210,458$62,427,981$1,864,193,629
99$3,794,124,561$175,054,925$64,170,472$2,049,574,982
100$4,180,765,432$183,272,781$65,960,349$2,253,656,654