Can I retire at age 40 with 12,600,000?

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 $12,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$990,545
2 years$515,097$505,504$496,207$487,192$478,448$464,173
3 years$339,987$330,352$321,079$312,149$303,547$289,637
4 years$252,449$242,844$233,663$224,886$216,493$203,054
5 years$199,940$190,393$181,332$172,734$164,574$151,647
6 years$164,946$155,470$146,543$138,137$130,222$117,821
7 years$139,959$130,563$121,778$113,570$105,905$94,035
8 years$121,228$111,917$103,277$95,271$87,859$76,518
9 years$106,667$97,444$88,953$81,150$73,990$63,173
10 years$95,025$85,892$77,551$69,952$63,043$52,742
11 years$85,506$76,465$68,275$60,879$54,219$44,424
12 years$77,579$68,630$60,592$53,399$46,985$37,684
13 years$70,877$62,022$54,135$47,143$40,972$32,152
14 years$65,137$56,376$48,641$41,849$35,916$27,564
15 years$60,167$51,501$43,916$37,322$31,623$23,725
16 years$55,823$47,251$39,816$33,417$27,949$20,489
17 years$51,993$43,516$36,231$30,025$24,781$17,744
18 years$48,593$40,211$33,074$27,059$22,034$15,404
19 years$45,555$37,267$30,278$24,450$19,640$13,400
20 years$42,823$34,630$27,788$22,144$17,542$11,677
21 years$40,355$32,257$25,559$20,097$15,698$10,191
22 years$38,115$30,111$23,557$18,273$14,071$8,906
23 years$36,072$28,162$21,751$16,642$12,631$7,792
24 years$34,202$26,386$20,116$15,178$11,353$6,824
25 years$32,485$24,762$18,631$13,862$10,216$5,981
26 years$30,902$23,272$17,279$12,674$9,202$5,247
27 years$29,439$21,902$16,045$11,601$8,297$4,605
28 years$28,083$20,638$14,916$10,629$7,486$4,044
29 years$26,822$19,470$13,881$9,747$6,760$3,554
30 years$25,648$18,387$12,930$8,945$6,108$3,124
31 years$24,552$17,382$12,054$8,216$5,522$2,747
32 years$23,526$16,447$11,246$7,550$4,995$2,417
33 years$22,565$15,575$10,501$6,943$4,521$2,126
34 years$21,662$14,762$9,811$6,388$4,093$1,872
35 years$20,812$14,001$9,173$5,881$3,707$1,648
36 years$20,012$13,289$8,581$5,416$3,359$1,451
37 years$19,256$12,622$8,032$4,990$3,044$1,278
38 years$18,542$11,995$7,521$4,600$2,760$1,126
39 years$17,867$11,406$7,047$4,241$2,503$992
40 years$17,226$10,852$6,605$3,912$2,270$874
41 years$16,619$10,330$6,193$3,609$2,060$770
42 years$16,042$9,838$5,810$3,331$1,869$678
43 years$15,493$9,374$5,451$3,075$1,696$598
44 years$14,971$8,935$5,117$2,839$1,540$527
45 years$14,473$8,520$4,805$2,622$1,398$464
46 years$13,998$8,128$4,513$2,422$1,269$409
47 years$13,545$7,757$4,240$2,237$1,152$361
48 years$13,112$7,405$3,984$2,068$1,046$318
49 years$12,698$7,071$3,745$1,911$950$280
50 years$12,302$6,755$3,521$1,766$863$247

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $12,600,000, adding $4,419 every year, while hoping to spend $59,447 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: 32/39/29 Blend
39$12,600,000$12,600,000$12,600,000$12,600,000
40$13,889,758$13,221,958$13,026,658$14,211,324
41$15,243,262$13,806,583$13,399,800$15,043,804
42$16,732,832$14,417,862$13,783,450$15,934,274
43$18,372,282$15,057,039$14,177,897$16,892,251
44$20,176,836$15,725,415$14,583,438$17,923,726
45$22,163,268$16,424,355$15,000,377$19,035,262
46$24,350,060$17,155,287$15,429,029$20,234,056
47$26,757,579$17,919,709$15,869,714$21,527,999
48$29,408,264$18,719,187$16,322,762$22,925,744
49$32,326,844$19,555,364$16,788,512$24,436,785
50$35,540,566$20,429,961$17,267,310$26,071,538
51$39,079,454$21,344,779$17,759,515$27,841,435
52$42,976,591$22,301,706$18,265,492$29,759,026
53$47,268,433$23,302,719$18,785,616$31,838,087
54$51,995,153$24,349,892$19,320,274$34,093,749
55$57,201,016$25,445,395$19,869,861$36,542,629
56$62,934,802$26,591,501$20,434,783$39,202,979
57$69,250,261$27,790,594$21,015,458$42,094,856
58$76,206,625$29,045,170$21,612,312$45,240,295
59$83,869,162$30,357,845$22,225,786$48,663,515
60$92,309,795$31,731,358$22,856,329$52,391,135
61$101,607,782$33,168,583$23,504,404$56,452,419
62$111,850,459$34,672,526$24,170,484$60,879,536
63$123,134,067$36,246,341$24,855,057$65,707,863
64$135,564,661$37,893,331$25,558,620$70,976,299
65$149,259,110$39,616,958$26,281,688$76,727,626
66$164,346,199$41,420,848$27,024,784$83,008,901
67$180,967,844$43,308,803$27,788,447$89,871,887
68$199,280,435$45,284,805$28,573,230$97,373,526
69$219,456,306$47,353,028$29,379,701$105,576,471
70$241,685,369$49,517,845$30,208,441$114,549,654
71$266,176,899$51,783,841$31,060,045$124,368,928
72$293,161,512$54,155,820$31,935,126$135,117,768
73$322,893,345$56,638,814$32,834,312$146,888,039
74$355,652,450$59,238,099$33,758,245$159,780,850
75$391,747,439$61,959,205$34,707,585$173,907,491
76$431,518,398$64,807,926$35,683,009$189,390,463
77$475,340,095$67,790,335$36,685,211$206,364,617
78$523,625,520$70,912,797$37,714,901$224,978,407
79$576,829,782$74,181,983$38,772,809$245,395,271
80$635,454,403$77,604,884$39,859,682$267,795,151
81$700,052,058$81,188,829$40,976,287$292,376,169
82$771,231,785$84,941,498$42,123,409$319,356,476
83$849,664,738$88,870,942$43,301,854$348,976,282
84$936,090,522$92,985,600$44,512,447$381,500,101
85$1,031,324,176$97,294,314$45,756,035$417,219,222
86$1,136,263,864$101,806,358$47,033,484$456,454,425
87$1,251,899,355$106,531,447$48,345,683$499,558,986
88$1,379,321,369$111,479,767$49,693,543$546,921,976
89$1,519,731,869$116,661,996$51,077,997$598,971,905
90$1,674,455,411$122,089,325$52,500,001$656,180,728
91$1,844,951,648$127,773,487$53,960,536$719,068,272
92$2,032,829,106$133,726,779$55,460,605$788,207,101
93$2,239,860,376$139,962,092$57,001,236$864,227,883
94$2,467,998,841$146,492,941$58,583,484$947,825,304
95$2,719,397,119$153,333,491$60,208,427$1,039,764,584
96$2,996,427,388$160,498,594$61,877,172$1,140,888,655
97$3,301,703,774$168,003,818$63,590,849$1,252,126,071
98$3,638,107,036$175,865,482$65,350,620$1,374,499,728
99$4,008,811,759$184,100,697$67,157,672$1,509,136,468
100$4,417,316,326$192,727,398$69,013,221$1,657,277,664