Can I retire at age 40 with 12,100,000?

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 $12,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$999,207$990,306$981,623$973,147$964,871$940,401
2 years$494,657$485,444$476,516$467,859$459,462$434,968
3 years$326,495$317,243$308,337$299,762$291,502$267,749
4 years$242,431$233,207$224,391$215,962$207,902$185,074
5 years$192,006$182,837$174,136$165,879$158,043$136,203
6 years$158,400$149,300$140,728$132,655$125,054$104,224
7 years$134,405$125,382$116,946$109,063$101,703$81,884
8 years$116,417$107,476$99,179$91,490$84,372$65,555
9 years$102,434$93,577$85,423$77,929$71,054$53,223
10 years$91,254$82,484$74,474$67,176$60,541$43,676
11 years$82,113$73,430$65,565$58,463$52,067$36,142
12 years$74,500$65,907$58,188$51,280$45,121$30,108
13 years$68,064$59,561$51,987$45,273$39,346$25,215
14 years$62,552$54,139$46,710$40,188$34,490$21,211
15 years$57,780$49,457$42,173$35,841$30,368$17,906
16 years$53,608$45,376$38,236$32,091$26,839$15,161
17 years$49,930$41,789$34,793$28,834$23,798$12,869
18 years$46,665$38,615$31,762$25,985$21,160$10,946
19 years$43,747$35,788$29,077$23,480$18,860$9,326
20 years$41,124$33,256$26,685$21,265$16,846$7,958
21 years$38,754$30,977$24,545$19,300$15,076$6,799
22 years$36,602$28,916$22,622$17,548$13,513$5,815
23 years$34,641$27,044$20,887$15,981$12,130$4,978
24 years$32,845$25,339$19,317$14,576$10,903$4,265
25 years$31,196$23,779$17,892$13,311$9,811$3,656
26 years$29,676$22,349$16,594$12,171$8,837$3,136
27 years$28,271$21,033$15,409$11,141$7,968$2,691
28 years$26,968$19,819$14,324$10,207$7,189$2,310
29 years$25,758$18,697$13,330$9,360$6,492$1,984
30 years$24,630$17,657$12,416$8,590$5,866$1,704
31 years$23,578$16,692$11,576$7,890$5,303$1,464
32 years$22,593$15,794$10,800$7,251$4,797$1,258
33 years$21,669$14,957$10,084$6,668$4,341$1,082
34 years$20,802$14,176$9,422$6,135$3,931$930
35 years$19,986$13,446$8,809$5,647$3,560$800
36 years$19,218$12,762$8,241$5,201$3,226$688
37 years$18,492$12,121$7,713$4,792$2,924$591
38 years$17,806$11,519$7,223$4,417$2,650$509
39 years$17,158$10,954$6,767$4,073$2,403$438
40 years$16,543$10,421$6,343$3,757$2,180$376
41 years$15,959$9,920$5,948$3,466$1,978$324
42 years$15,405$9,448$5,579$3,199$1,795$279
43 years$14,878$9,002$5,235$2,953$1,629$240
44 years$14,377$8,581$4,914$2,726$1,478$206
45 years$13,899$8,182$4,614$2,518$1,342$177
46 years$13,443$7,806$4,334$2,326$1,219$153
47 years$13,008$7,449$4,071$2,149$1,107$131
48 years$12,592$7,111$3,826$1,985$1,005$113
49 years$12,194$6,791$3,596$1,835$913$97
50 years$11,814$6,487$3,381$1,696$829$84

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $12,100,000, adding $3,751 every year, while hoping to spend $59,939 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: 41/39/20 Blend
39$12,100,000$12,100,000$12,100,000$12,100,000
40$13,338,069$12,696,769$12,509,219$13,806,176
41$14,634,778$13,255,136$12,864,503$14,698,500
42$16,061,741$13,838,854$13,229,681$15,657,654
43$17,632,183$14,449,103$13,605,019$16,694,592
44$19,360,673$15,087,115$13,990,794$17,816,460
45$21,263,263$15,754,186$14,387,288$19,031,098
46$23,357,644$16,451,669$14,794,790$20,347,113
47$25,663,306$17,180,983$15,213,597$21,773,952
48$28,201,725$17,943,613$15,644,015$23,321,992
49$30,996,567$18,741,116$16,086,356$25,002,624
50$34,073,909$19,575,122$16,540,940$26,828,366
51$37,462,483$20,447,339$17,008,097$28,812,965
52$41,193,953$21,359,555$17,488,165$30,971,530
53$45,303,207$22,313,644$17,981,490$33,320,662
54$49,828,690$23,311,569$18,488,426$35,878,607
55$54,812,766$24,355,386$19,009,337$38,665,424
56$60,302,117$25,447,248$19,544,599$41,703,163
57$66,348,183$26,589,413$20,094,592$45,016,067
58$73,007,647$27,784,244$20,659,711$48,630,797
59$80,342,974$29,034,218$21,240,358$52,576,671
60$88,422,992$30,341,931$21,836,946$56,885,935
61$97,323,552$31,710,100$22,449,897$61,594,060
62$107,128,233$33,141,573$23,079,648$66,740,063
63$117,929,138$34,639,336$23,726,642$72,366,872
64$129,827,762$36,206,515$24,391,335$78,521,717
65$142,935,945$37,846,385$25,074,197$85,256,569
66$157,376,934$39,562,381$25,775,705$92,628,615
67$173,286,542$41,358,098$26,496,351$100,700,793
68$190,814,430$43,237,306$27,236,640$109,542,368
69$210,125,522$45,203,954$27,997,088$119,229,579
70$231,401,558$47,262,180$28,778,223$129,846,343
71$254,842,811$49,416,322$29,580,588$141,485,034
72$280,669,979$51,670,922$30,404,738$154,247,341
73$309,126,263$54,030,744$31,251,244$168,245,214
74$340,479,669$56,500,777$32,120,687$183,601,905
75$375,025,531$59,086,252$33,013,666$200,453,117
76$413,089,305$61,792,648$33,930,794$218,948,266
77$455,029,636$64,625,710$34,872,698$239,251,874
78$501,241,746$67,591,456$35,840,019$261,545,106
79$552,161,161$70,696,195$36,833,418$286,027,459
80$608,267,829$73,946,537$37,853,566$312,918,628
81$670,090,643$77,349,413$38,901,156$342,460,555
82$738,212,438$80,912,084$39,976,895$374,919,693
83$813,275,492$84,642,162$41,081,506$410,589,502
84$895,987,587$88,547,622$42,215,731$449,793,188
85$987,128,692$92,636,827$43,380,330$492,886,735
86$1,087,558,327$96,918,540$44,576,079$540,262,237
87$1,198,223,674$101,401,945$45,803,775$592,351,573
88$1,320,168,519$106,096,671$47,064,232$649,630,455
89$1,454,543,109$111,012,809$48,358,284$712,622,887
90$1,602,615,005$116,160,936$49,686,786$781,906,085
91$1,765,781,052$121,552,138$51,050,609$858,115,886
92$1,945,580,564$127,198,038$52,450,650$941,952,725
93$2,143,709,857$133,110,817$53,887,822$1,034,188,203
94$2,362,038,260$139,303,244$55,363,061$1,135,672,339
95$2,602,625,764$145,788,705$56,877,326$1,247,341,555
96$2,867,742,472$152,581,232$58,431,596$1,370,227,469
97$3,159,890,024$159,695,532$60,026,874$1,505,466,599
98$3,481,825,217$167,147,024$61,664,186$1,654,311,042
99$3,836,586,032$174,951,871$63,344,579$1,818,140,247
100$4,227,520,312$183,127,017$65,069,126$1,998,473,992