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

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 $12,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$989,727
2 years$515,097$505,504$496,207$487,192$478,448$463,355
3 years$339,987$330,352$321,079$312,149$303,547$288,845
4 years$252,449$242,844$233,663$224,886$216,493$202,295
5 years$199,940$190,393$181,332$172,734$164,574$150,922
6 years$164,946$155,470$146,543$138,137$130,222$117,131
7 years$139,959$130,563$121,778$113,570$105,905$93,380
8 years$121,228$111,917$103,277$95,271$87,859$75,897
9 years$106,667$97,444$88,953$81,150$73,990$62,586
10 years$95,025$85,892$77,551$69,952$63,043$52,188
11 years$85,506$76,465$68,275$60,879$54,219$43,903
12 years$77,579$68,630$60,592$53,399$46,985$37,194
13 years$70,877$62,022$54,135$47,143$40,972$31,693
14 years$65,137$56,376$48,641$41,849$35,916$27,134
15 years$60,167$51,501$43,916$37,322$31,623$23,323
16 years$55,823$47,251$39,816$33,417$27,949$20,113
17 years$51,993$43,516$36,231$30,025$24,781$17,394
18 years$48,593$40,211$33,074$27,059$22,034$15,078
19 years$45,555$37,267$30,278$24,450$19,640$13,098
20 years$42,823$34,630$27,788$22,144$17,542$11,397
21 years$40,355$32,257$25,559$20,097$15,698$9,932
22 years$38,115$30,111$23,557$18,273$14,071$8,666
23 years$36,072$28,162$21,751$16,642$12,631$7,570
24 years$34,202$26,386$20,116$15,178$11,353$6,619
25 years$32,485$24,762$18,631$13,862$10,216$5,793
26 years$30,902$23,272$17,279$12,674$9,202$5,073
27 years$29,439$21,902$16,045$11,601$8,297$4,446
28 years$28,083$20,638$14,916$10,629$7,486$3,898
29 years$26,822$19,470$13,881$9,747$6,760$3,420
30 years$25,648$18,387$12,930$8,945$6,108$3,001
31 years$24,552$17,382$12,054$8,216$5,522$2,635
32 years$23,526$16,447$11,246$7,550$4,995$2,314
33 years$22,565$15,575$10,501$6,943$4,521$2,033
34 years$21,662$14,762$9,811$6,388$4,093$1,786
35 years$20,812$14,001$9,173$5,881$3,707$1,570
36 years$20,012$13,289$8,581$5,416$3,359$1,380
37 years$19,256$12,622$8,032$4,990$3,044$1,213
38 years$18,542$11,995$7,521$4,600$2,760$1,067
39 years$17,867$11,406$7,047$4,241$2,503$938
40 years$17,226$10,852$6,605$3,912$2,270$825
41 years$16,619$10,330$6,193$3,609$2,060$726
42 years$16,042$9,838$5,810$3,331$1,869$639
43 years$15,493$9,374$5,451$3,075$1,696$562
44 years$14,971$8,935$5,117$2,839$1,540$494
45 years$14,473$8,520$4,805$2,622$1,398$435
46 years$13,998$8,128$4,513$2,422$1,269$383
47 years$13,545$7,757$4,240$2,237$1,152$337
48 years$13,112$7,405$3,984$2,068$1,046$296
49 years$12,698$7,071$3,745$1,911$950$261
50 years$12,302$6,755$3,521$1,766$863$230

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 $3,538 every year, while hoping to spend $26,866 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: 33/48/19 Blend
39$12,600,000$12,600,000$12,600,000$12,600,000
40$13,888,849$13,221,049$13,025,749$14,265,451
41$15,276,927$13,840,296$13,433,527$15,164,164
42$16,805,688$14,488,984$13,854,064$16,129,377
43$18,489,453$15,168,530$14,287,761$17,169,082
44$20,344,005$15,880,416$14,735,029$18,289,845
45$22,386,733$16,626,195$15,196,291$19,498,857
46$24,636,800$17,407,499$15,671,987$20,803,993
47$27,115,322$18,226,035$16,162,567$22,213,881
48$29,845,568$19,083,594$16,668,497$23,737,977
49$32,853,181$19,982,055$17,190,256$25,386,645
50$36,166,417$20,923,387$17,728,341$27,171,250
51$39,816,412$21,909,654$18,283,261$29,104,255
52$43,837,479$22,943,020$18,855,543$31,199,331
53$48,267,428$24,025,754$19,445,730$33,471,477
54$53,147,926$25,160,236$20,054,382$35,937,154
55$58,524,887$26,348,960$20,682,076$38,614,429
56$64,448,908$27,594,541$21,329,408$41,523,135
57$70,975,745$28,899,722$21,996,992$44,685,050
58$78,166,840$30,267,378$22,685,461$48,124,091
59$86,089,902$31,700,524$23,395,468$51,866,527
60$94,819,542$33,202,320$24,127,686$55,941,214
61$104,437,983$34,776,081$24,882,811$60,379,860
62$115,035,830$36,425,282$25,661,558$65,217,304
63$126,712,930$38,153,566$26,464,666$70,491,836
64$139,579,314$39,964,756$27,292,897$76,245,544
65$153,756,230$41,862,855$28,147,036$82,524,692
66$169,377,297$43,852,067$29,027,893$89,380,147
67$186,589,758$45,936,794$29,936,303$96,867,836
68$205,555,872$48,121,656$30,873,129$105,049,264
69$226,454,451$50,411,497$31,839,258$113,992,067
70$249,482,538$52,811,393$32,835,606$123,770,642
71$274,857,277$55,326,672$33,863,119$134,466,820
72$302,817,956$57,962,915$34,922,771$146,170,626
73$333,628,269$60,725,980$36,015,565$158,981,099
74$367,578,805$63,622,006$37,142,539$173,007,210
75$404,989,790$66,657,431$38,304,761$188,368,865
76$446,214,111$69,839,007$39,503,333$205,198,011
77$491,640,646$73,173,814$40,739,390$223,639,855
78$541,697,938$76,669,277$42,014,106$243,854,209
79$596,858,237$80,333,181$43,328,688$266,016,970
80$657,641,960$84,173,690$44,684,382$290,321,749
81$724,622,605$88,199,366$46,082,474$316,981,667
82$798,432,163$92,419,187$47,524,288$346,231,334
83$879,767,084$96,842,567$49,011,192$378,329,032
84$969,394,854$101,479,381$50,544,595$413,559,113
85$1,068,161,240$106,339,981$52,125,950$452,234,646
86$1,176,998,273$111,435,227$53,756,756$494,700,337
87$1,296,933,048$116,776,504$55,438,558$541,335,735
88$1,429,097,420$122,375,753$57,172,951$592,558,777
89$1,574,738,689$128,245,498$58,961,577$648,829,684
90$1,735,231,378$134,398,870$60,806,133$710,655,261
91$1,912,090,205$140,849,642$62,708,365$778,593,628
92$2,106,984,388$147,612,256$64,670,077$853,259,439
93$2,321,753,398$154,701,859$66,693,127$935,329,629
94$2,558,424,330$162,134,335$68,779,432$1,025,549,745
95$2,819,231,038$169,926,344$70,930,969$1,124,740,927
96$3,106,635,224$178,095,355$73,149,777$1,233,807,595
97$3,423,349,680$186,659,690$75,437,957$1,353,745,922
98$3,772,363,896$195,638,564$77,797,678$1,485,653,166
99$4,156,972,288$205,052,128$80,231,174$1,630,737,960
100$4,580,805,294$214,921,515$82,740,752$1,790,331,644