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%17.1%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$975,708
2 years$515,097$505,504$496,207$487,192$478,448$449,428
3 years$339,987$330,352$321,079$312,149$303,547$275,449
4 years$252,449$242,844$233,663$224,886$216,493$189,533
5 years$199,940$190,393$181,332$172,734$164,574$138,826
6 years$164,946$155,470$146,543$138,137$130,222$105,709
7 years$139,959$130,563$121,778$113,570$105,905$82,628
8 years$121,228$111,917$103,277$95,271$87,859$65,803
9 years$106,667$97,444$88,953$81,150$73,990$53,134
10 years$95,025$85,892$77,551$69,952$63,043$43,358
11 years$85,506$76,465$68,275$60,879$54,219$35,673
12 years$77,579$68,630$60,592$53,399$46,985$29,541
13 years$70,877$62,022$54,135$47,143$40,972$24,592
14 years$65,137$56,376$48,641$41,849$35,916$20,558
15 years$60,167$51,501$43,916$37,322$31,623$17,246
16 years$55,823$47,251$39,816$33,417$27,949$14,508
17 years$51,993$43,516$36,231$30,025$24,781$12,234
18 years$48,593$40,211$33,074$27,059$22,034$10,337
19 years$45,555$37,267$30,278$24,450$19,640$8,748
20 years$42,823$34,630$27,788$22,144$17,542$7,414
21 years$40,355$32,257$25,559$20,097$15,698$6,291
22 years$38,115$30,111$23,557$18,273$14,071$5,343
23 years$36,072$28,162$21,751$16,642$12,631$4,541
24 years$34,202$26,386$20,116$15,178$11,353$3,863
25 years$32,485$24,762$18,631$13,862$10,216$3,288
26 years$30,902$23,272$17,279$12,674$9,202$2,799
27 years$29,439$21,902$16,045$11,601$8,297$2,385
28 years$28,083$20,638$14,916$10,629$7,486$2,032
29 years$26,822$19,470$13,881$9,747$6,760$1,732
30 years$25,648$18,387$12,930$8,945$6,108$1,477
31 years$24,552$17,382$12,054$8,216$5,522$1,260
32 years$23,526$16,447$11,246$7,550$4,995$1,075
33 years$22,565$15,575$10,501$6,943$4,521$917
34 years$21,662$14,762$9,811$6,388$4,093$782
35 years$20,812$14,001$9,173$5,881$3,707$668
36 years$20,012$13,289$8,581$5,416$3,359$570
37 years$19,256$12,622$8,032$4,990$3,044$486
38 years$18,542$11,995$7,521$4,600$2,760$415
39 years$17,867$11,406$7,047$4,241$2,503$354
40 years$17,226$10,852$6,605$3,912$2,270$303
41 years$16,619$10,330$6,193$3,609$2,060$258
42 years$16,042$9,838$5,810$3,331$1,869$221
43 years$15,493$9,374$5,451$3,075$1,696$188
44 years$14,971$8,935$5,117$2,839$1,540$161
45 years$14,473$8,520$4,805$2,622$1,398$137
46 years$13,998$8,128$4,513$2,422$1,269$117
47 years$13,545$7,757$4,240$2,237$1,152$100
48 years$13,112$7,405$3,984$2,068$1,046$85
49 years$12,698$7,071$3,745$1,911$950$73
50 years$12,302$6,755$3,521$1,766$863$62

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 $6,019 every year, while hoping to spend $53,984 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: 54/20/26 Blend
39$12,600,000$12,600,000$12,600,000$12,600,000
40$13,891,409$13,223,609$13,028,309$14,541,192
41$15,250,894$13,814,127$13,407,318$15,580,613
42$16,747,237$14,431,771$13,797,216$16,705,541
43$18,394,341$15,077,814$14,198,308$17,929,155
44$20,207,525$15,753,587$14,610,912$19,260,934
45$22,203,667$16,460,488$15,035,353$20,711,303
46$24,401,368$17,199,979$15,471,964$22,291,729
47$26,821,121$17,973,592$15,921,089$24,014,819
48$29,485,510$18,782,932$16,383,079$25,894,446
49$32,419,419$19,629,682$16,858,299$27,945,866
50$35,650,267$20,515,604$17,347,120$30,185,867
51$39,208,270$21,442,545$17,849,924$32,632,920
52$43,126,722$22,412,438$18,367,105$35,307,350
53$47,442,311$23,427,311$18,899,067$38,231,522
54$52,195,466$24,489,288$19,446,224$41,430,051
55$57,430,734$25,600,594$20,009,004$44,930,030
56$63,197,207$26,763,561$20,587,843$48,761,279
57$69,548,978$27,980,632$21,183,192$52,956,621
58$76,545,659$29,254,368$21,795,514$57,552,191
59$84,252,936$30,587,451$22,425,283$62,587,769
60$92,743,193$31,982,694$23,072,988$68,107,151
61$102,096,194$33,443,042$23,739,129$74,158,554
62$112,399,837$34,971,582$24,424,221$80,795,073
63$123,750,982$36,571,551$25,128,794$88,075,167
64$136,256,364$38,246,339$25,853,390$96,063,209
65$150,033,602$39,999,498$26,598,568$104,830,090
66$165,212,310$41,834,754$27,364,900$114,453,873
67$181,935,317$43,756,009$28,152,976$125,020,533
68$200,360,019$45,767,353$28,963,400$136,624,752
69$220,659,861$47,873,073$29,796,793$149,370,810
70$243,025,974$50,077,661$30,653,794$163,373,561
71$267,668,983$52,385,826$31,535,056$178,759,508
72$294,820,992$54,802,504$32,441,253$195,667,986
73$324,737,774$57,332,867$33,373,075$214,252,472
74$357,701,185$59,982,337$34,331,232$234,682,024
75$394,021,830$62,756,595$35,316,452$257,142,862
76$434,041,987$65,661,599$36,329,484$281,840,120
77$478,138,843$68,703,590$37,371,094$308,999,773
78$526,728,053$71,889,114$38,442,073$338,870,752
79$580,267,661$75,225,027$39,543,230$371,727,288
80$639,262,431$78,718,521$40,675,396$407,871,487
81$704,268,601$82,377,132$41,839,425$447,636,168
82$775,899,146$86,208,759$43,036,193$491,387,992
83$854,829,553$90,221,682$44,266,599$539,530,907
84$941,804,206$94,424,583$45,531,569$592,509,952
85$1,037,643,407$98,826,559$46,832,048$650,815,436
86$1,143,251,125$103,437,151$48,169,012$714,987,555
87$1,259,623,524$108,266,357$49,543,459$785,621,475
88$1,387,858,374$113,324,658$50,956,415$863,372,931
89$1,529,165,405$118,623,043$52,408,932$948,964,398
90$1,684,877,736$124,173,032$53,902,091$1,043,191,897
91$1,856,464,455$129,986,701$55,437,001$1,146,932,483
92$2,045,544,489$136,076,708$57,014,800$1,261,152,511
93$2,253,901,886$142,456,327$58,636,655$1,386,916,732
94$2,483,502,662$149,139,470$60,303,767$1,525,398,323
95$2,736,513,355$156,140,726$62,017,364$1,677,889,939
96$3,015,321,481$163,475,385$63,778,710$1,845,815,892
97$3,322,558,075$171,159,482$65,589,099$2,030,745,570
98$3,661,122,526$179,209,824$67,449,862$2,234,408,227
99$4,034,209,952$187,644,033$69,362,360$2,458,709,277
100$4,445,341,363$196,480,587$71,327,995$2,705,748,257