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

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 $11,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$982,691$973,938$965,398$957,062$948,923$913,439
2 years$486,481$477,420$468,640$460,126$451,868$416,525
3 years$321,099$311,999$303,241$294,807$286,684$252,593
4 years$238,424$229,353$220,682$212,392$204,465$171,887
5 years$188,832$179,815$171,258$163,137$155,431$124,450
6 years$155,782$146,833$138,402$130,462$122,987$93,624
7 years$132,184$123,310$115,013$107,260$100,022$72,269
8 years$114,493$105,699$97,540$89,978$82,978$56,810
9 years$100,741$92,030$84,011$76,641$69,879$45,260
10 years$89,746$81,120$73,243$66,065$59,541$36,425
11 years$80,756$72,217$64,482$57,497$51,207$29,545
12 years$73,269$64,818$57,226$50,432$44,375$24,111
13 years$66,939$58,576$51,128$44,524$38,696$19,773
14 years$61,518$53,244$45,938$39,524$33,920$16,279
15 years$56,825$48,640$41,476$35,248$29,866$13,445
16 years$52,721$44,626$37,604$31,561$26,396$11,132
17 years$49,105$41,099$34,218$28,357$23,404$9,237
18 years$45,894$37,977$31,237$25,556$20,810$7,678
19 years$43,024$35,197$28,596$23,092$18,548$6,390
20 years$40,444$32,707$26,244$20,914$16,568$5,325
21 years$38,113$30,465$24,139$18,981$14,826$4,442
22 years$35,997$28,438$22,248$17,258$13,290$3,708
23 years$34,068$26,597$20,542$15,717$11,930$3,098
24 years$32,302$24,920$18,998$14,335$10,723$2,589
25 years$30,680$23,386$17,596$13,091$9,649$2,165
26 years$29,185$21,979$16,319$11,970$8,691$1,811
27 years$27,803$20,685$15,154$10,957$7,836$1,516
28 years$26,523$19,491$14,088$10,039$7,070$1,269
29 years$25,332$18,388$13,110$9,206$6,384$1,062
30 years$24,223$17,365$12,211$8,448$5,769$890
31 years$23,188$16,416$11,384$7,759$5,215$745
32 years$22,219$15,533$10,622$7,131$4,718$624
33 years$21,311$14,710$9,917$6,557$4,270$523
34 years$20,458$13,942$9,266$6,033$3,866$438
35 years$19,656$13,223$8,663$5,554$3,501$367
36 years$18,900$12,551$8,104$5,115$3,172$308
37 years$18,186$11,921$7,586$4,713$2,875$258
38 years$17,512$11,329$7,104$4,344$2,607$216
39 years$16,874$10,773$6,655$4,005$2,364$181
40 years$16,269$10,249$6,238$3,694$2,144$152
41 years$15,695$9,756$5,849$3,409$1,945$127
42 years$15,150$9,292$5,487$3,146$1,765$107
43 years$14,632$8,853$5,149$2,904$1,602$89
44 years$14,139$8,439$4,833$2,681$1,454$75
45 years$13,669$8,047$4,538$2,476$1,320$63
46 years$13,221$7,677$4,262$2,287$1,198$53
47 years$12,793$7,326$4,004$2,113$1,088$44
48 years$12,384$6,994$3,763$1,953$988$37
49 years$11,993$6,678$3,537$1,805$898$31
50 years$11,619$6,379$3,325$1,668$815$26

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 $4,363 every year, while hoping to spend $43,336 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: 83/9/8 Blend
39$11,900,000$11,900,000$11,900,000$11,900,000
40$13,118,300$12,487,600$12,303,150$14,194,551
41$14,410,258$13,053,384$12,669,197$15,464,576
42$15,832,543$13,645,438$13,046,053$16,852,671
43$17,398,402$14,265,005$13,434,036$18,375,609
44$19,122,434$14,913,385$13,833,471$20,046,893
45$21,020,723$15,591,941$14,244,693$21,881,390
46$23,110,993$16,302,103$14,668,047$23,895,477
47$25,412,775$17,045,366$15,103,887$26,107,187
48$27,947,589$17,823,300$15,552,578$28,536,383
49$30,739,149$18,637,548$16,014,496$31,204,942
50$33,813,587$19,489,833$16,490,026$34,136,959
51$37,199,698$20,381,959$16,979,567$37,358,976
52$40,929,211$21,315,820$17,483,527$40,900,228
53$45,037,092$22,293,396$18,002,326$44,792,917
54$49,561,870$23,316,766$18,536,398$49,072,516
55$54,546,001$24,388,108$19,086,187$53,778,103
56$60,036,271$25,509,703$19,652,153$58,952,723
57$66,084,236$26,683,944$20,234,765$64,643,797
58$72,746,707$27,913,337$20,834,509$70,903,566
59$80,086,290$29,200,509$21,451,884$77,789,581
60$88,171,972$30,548,215$22,087,403$85,365,246
61$97,079,776$31,959,340$22,741,593$93,700,410
62$106,893,475$33,436,909$23,414,998$102,872,030
63$117,705,385$34,984,093$24,108,176$112,964,889
64$129,617,236$36,604,216$24,821,703$124,072,397
65$142,741,132$38,300,761$25,556,168$136,297,468
66$157,200,608$40,077,379$26,312,180$149,753,491
67$173,131,797$41,937,897$27,090,365$164,565,393
68$190,684,714$43,886,328$27,891,366$180,870,821
69$210,024,673$45,926,876$28,715,845$198,821,432
70$231,333,847$48,063,950$29,564,482$218,584,325
71$254,812,986$50,302,170$30,437,979$240,343,613
72$280,683,314$52,646,380$31,337,055$264,302,158
73$309,188,618$55,101,658$32,262,452$290,683,481
74$340,597,543$57,673,326$33,214,931$319,733,871
75$375,206,137$60,366,963$34,195,275$351,724,700
76$413,340,639$63,188,420$35,204,293$386,954,985
77$455,360,559$66,143,828$36,242,812$425,754,204
78$501,662,075$69,239,614$37,311,685$468,485,403
79$552,681,770$72,482,519$38,411,790$515,548,617
80$608,900,754$75,879,606$39,544,028$567,384,638
81$670,849,206$79,438,281$40,709,328$624,479,177
82$739,111,378$83,166,310$41,908,643$687,367,439
83$814,331,112$87,071,832$43,142,956$756,639,169
84$897,217,915$91,163,382$44,413,275$832,944,216
85$988,553,660$95,449,906$45,720,638$916,998,658
86$1,089,199,966$99,940,784$47,066,112$1,009,591,558
87$1,200,106,332$104,645,851$48,450,795$1,111,592,403
88$1,322,319,097$109,575,418$49,875,817$1,223,959,307
89$1,456,991,325$114,740,293$51,342,337$1,347,748,048
90$1,605,393,685$120,151,812$52,851,549$1,484,122,023
91$1,768,926,446$125,821,856$54,404,681$1,634,363,230
92$1,949,132,701$131,762,884$56,002,996$1,799,884,352
93$2,147,712,930$137,987,959$57,647,790$1,982,242,093
94$2,366,541,057$144,510,777$59,340,398$2,183,151,860
95$2,607,682,136$151,345,697$61,082,194$2,404,503,946
96$2,873,411,854$158,507,776$62,874,587$2,648,381,368
97$3,166,238,006$166,012,800$64,719,028$2,917,079,517
98$3,488,924,177$173,877,321$66,617,010$3,213,127,822
99$3,844,515,829$182,118,696$68,570,066$3,539,313,610
100$4,236,369,053$190,755,122$70,579,773$3,898,708,413