Can I retire at age 40 with 12,800,000?

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 $12,800,000?

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$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$991,195
2 years$523,273$513,528$504,083$494,925$486,043$456,562
3 years$345,384$335,596$326,175$317,104$308,366$279,821
4 years$256,456$246,699$237,372$228,455$219,929$192,541
5 years$203,114$193,415$184,210$175,476$167,186$141,030
6 years$167,564$157,938$148,869$140,329$132,289$107,387
7 years$142,181$132,636$123,711$115,372$107,586$83,939
8 years$123,152$113,693$104,917$96,783$89,253$66,848
9 years$108,360$98,991$90,365$82,438$75,164$53,977
10 years$96,533$87,255$78,782$71,062$64,044$44,047
11 years$86,863$77,678$69,359$61,845$55,080$36,239
12 years$78,810$69,720$61,554$54,247$47,731$30,010
13 years$72,002$63,006$54,994$47,892$41,622$24,982
14 years$66,171$57,271$49,413$42,513$36,486$20,884
15 years$61,122$52,318$44,613$37,914$32,125$17,519
16 years$56,709$48,001$40,448$33,948$28,392$14,739
17 years$52,819$44,207$36,806$30,502$25,174$12,429
18 years$49,365$40,849$33,599$27,488$22,384$10,501
19 years$46,278$37,859$30,759$24,838$19,951$8,887
20 years$43,503$35,180$28,229$22,496$17,821$7,532
21 years$40,996$32,769$25,965$20,416$15,948$6,390
22 years$38,720$30,589$23,931$18,563$14,295$5,427
23 years$36,645$28,609$22,096$16,906$12,832$4,613
24 years$34,745$26,805$20,435$15,419$11,534$3,924
25 years$33,000$25,155$18,927$14,082$10,378$3,340
26 years$31,392$23,642$17,554$12,875$9,349$2,844
27 years$29,906$22,249$16,300$11,785$8,428$2,423
28 years$28,528$20,966$15,153$10,798$7,605$2,065
29 years$27,248$19,779$14,101$9,902$6,867$1,760
30 years$26,055$18,679$13,135$9,087$6,205$1,501
31 years$24,942$17,658$12,245$8,346$5,610$1,280
32 years$23,900$16,708$11,425$7,670$5,075$1,092
33 years$22,923$15,822$10,668$7,053$4,592$931
34 years$22,006$14,996$9,967$6,490$4,158$795
35 years$21,143$14,224$9,319$5,974$3,766$678
36 years$20,329$13,500$8,717$5,502$3,412$579
37 years$19,562$12,822$8,159$5,069$3,093$494
38 years$18,837$12,186$7,641$4,673$2,804$422
39 years$18,150$11,587$7,159$4,308$2,543$360
40 years$17,500$11,024$6,710$3,974$2,306$307
41 years$16,882$10,494$6,292$3,666$2,092$262
42 years$16,296$9,994$5,902$3,384$1,898$224
43 years$15,739$9,523$5,538$3,123$1,723$191
44 years$15,208$9,077$5,198$2,884$1,564$163
45 years$14,703$8,656$4,881$2,663$1,420$139
46 years$14,220$8,257$4,584$2,460$1,289$119
47 years$13,760$7,880$4,307$2,273$1,171$102
48 years$13,320$7,522$4,047$2,100$1,063$87
49 years$12,900$7,184$3,804$1,941$965$74
50 years$12,497$6,862$3,577$1,794$877$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $12,800,000, adding $6,131 every year, while hoping to spend $33,084 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: 39/47/14 Blend
39$12,800,000$12,800,000$12,800,000$12,800,000
40$14,111,924$13,433,524$13,235,124$14,602,716
41$15,516,139$14,056,566$13,643,300$15,575,260
42$17,062,476$14,709,027$14,064,040$16,622,479
43$18,765,394$15,392,316$14,497,732$17,754,070
44$20,640,831$16,107,906$14,944,772$18,977,664
45$22,706,345$16,857,343$15,405,572$20,301,631
46$24,981,287$17,642,247$15,880,553$21,735,146
47$27,486,977$18,464,317$16,370,151$23,288,274
48$30,246,913$19,325,332$16,874,814$24,972,056
49$33,286,984$20,227,159$17,395,007$26,798,605
50$36,635,722$21,171,755$17,931,205$28,781,218
51$40,324,564$22,161,170$18,483,899$30,934,488
52$44,388,157$23,197,555$19,053,597$33,274,440
53$48,864,677$24,283,162$19,640,820$35,818,666
54$53,796,192$25,420,356$20,246,106$38,586,491
55$59,229,063$26,611,613$20,870,010$41,599,140
56$65,214,375$27,859,529$21,513,103$44,879,932
57$71,808,423$29,166,828$22,175,973$48,454,490
58$79,073,243$30,536,363$22,859,229$52,350,969
59$87,077,196$31,971,127$23,563,495$56,600,316
60$95,895,614$33,474,256$24,289,416$61,236,548
61$105,611,511$35,049,040$25,037,657$66,297,060
62$116,316,369$36,698,926$25,808,902$71,822,968
63$128,110,995$38,427,530$26,603,857$77,859,482
64$141,106,480$40,238,642$27,423,249$84,456,320
65$155,425,241$42,136,236$28,267,828$91,668,162
66$171,202,181$44,124,477$29,138,366$99,555,154
67$188,585,962$46,207,735$30,035,660$108,183,456
68$207,740,405$48,390,589$30,960,529$117,625,851
69$228,846,039$50,677,840$31,913,819$127,962,419
70$252,101,805$53,074,525$32,896,403$139,281,268
71$277,726,934$55,585,922$33,909,177$151,679,352
72$305,963,015$58,217,565$34,953,068$165,263,364
73$337,076,275$60,975,259$36,029,029$180,150,724
74$371,360,097$63,865,088$37,138,043$196,470,663
75$409,137,783$66,893,434$38,281,124$214,365,422
76$450,765,610$70,066,985$39,459,314$233,991,573
77$496,636,193$73,392,757$40,673,691$255,521,467
78$547,182,188$76,878,106$41,925,363$279,144,839
79$602,880,381$80,530,743$43,215,473$305,070,571
80$664,256,187$84,358,757$44,545,199$333,528,631
81$731,888,608$88,370,626$45,915,753$364,772,221
82$806,415,702$92,575,243$47,328,387$399,080,131
83$888,540,606$96,981,931$48,784,390$436,759,337
84$979,038,170$101,600,468$50,285,089$478,147,870
85$1,078,762,278$106,441,106$51,831,854$523,617,962
86$1,188,653,905$111,514,595$53,426,096$573,579,531
87$1,309,750,001$116,832,207$55,069,268$628,484,007
88$1,443,193,280$122,405,765$56,762,868$688,828,549
89$1,590,243,011$128,247,664$58,508,440$755,160,702
90$1,752,286,901$134,370,902$60,307,575$828,083,514
91$1,930,854,199$140,789,111$62,161,914$908,261,183
92$2,127,630,134$147,516,584$64,073,144$996,425,279
93$2,344,471,821$154,568,310$66,043,008$1,093,381,596
94$2,583,425,799$161,960,009$68,073,301$1,200,017,704
95$2,846,747,344$169,708,163$70,165,870$1,317,311,271
96$3,136,921,768$177,830,058$72,322,622$1,446,339,233
97$3,456,687,879$186,343,821$74,545,520$1,588,287,896
98$3,809,063,836$195,268,462$76,836,588$1,744,464,070
99$4,197,375,645$204,623,915$79,197,912$1,916,307,337
100$4,625,288,558$214,431,084$81,631,640$2,105,403,566