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%12.7%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$1,009,191
2 years$523,273$513,528$504,083$494,925$486,043$474,467
3 years$345,384$335,596$326,175$317,104$308,366$297,072
4 years$256,456$246,699$237,372$228,455$219,929$209,004
5 years$203,114$193,415$184,210$175,476$167,186$156,663
6 years$167,564$157,938$148,869$140,329$132,289$122,180
7 years$142,181$132,636$123,711$115,372$107,586$97,895
8 years$123,152$113,693$104,917$96,783$89,253$79,979
9 years$108,360$98,991$90,365$82,438$75,164$66,304
10 years$96,533$87,255$78,782$71,062$64,044$55,592
11 years$86,863$77,678$69,359$61,845$55,080$47,028
12 years$78,810$69,720$61,554$54,247$47,731$40,072
13 years$72,002$63,006$54,994$47,892$41,622$34,346
14 years$66,171$57,271$49,413$42,513$36,486$29,582
15 years$61,122$52,318$44,613$37,914$32,125$25,583
16 years$56,709$48,001$40,448$33,948$28,392$22,201
17 years$52,819$44,207$36,806$30,502$25,174$19,322
18 years$49,365$40,849$33,599$27,488$22,384$16,858
19 years$46,278$37,859$30,759$24,838$19,951$14,740
20 years$43,503$35,180$28,229$22,496$17,821$12,912
21 years$40,996$32,769$25,965$20,416$15,948$11,328
22 years$38,720$30,589$23,931$18,563$14,295$9,952
23 years$36,645$28,609$22,096$16,906$12,832$8,754
24 years$34,745$26,805$20,435$15,419$11,534$7,708
25 years$33,000$25,155$18,927$14,082$10,378$6,794
26 years$31,392$23,642$17,554$12,875$9,349$5,992
27 years$29,906$22,249$16,300$11,785$8,428$5,289
28 years$28,528$20,966$15,153$10,798$7,605$4,671
29 years$27,248$19,779$14,101$9,902$6,867$4,128
30 years$26,055$18,679$13,135$9,087$6,205$3,650
31 years$24,942$17,658$12,245$8,346$5,610$3,228
32 years$23,900$16,708$11,425$7,670$5,075$2,856
33 years$22,923$15,822$10,668$7,053$4,592$2,528
34 years$22,006$14,996$9,967$6,490$4,158$2,238
35 years$21,143$14,224$9,319$5,974$3,766$1,982
36 years$20,329$13,500$8,717$5,502$3,412$1,756
37 years$19,562$12,822$8,159$5,069$3,093$1,555
38 years$18,837$12,186$7,641$4,673$2,804$1,378
39 years$18,150$11,587$7,159$4,308$2,543$1,221
40 years$17,500$11,024$6,710$3,974$2,306$1,083
41 years$16,882$10,494$6,292$3,666$2,092$960
42 years$16,296$9,994$5,902$3,384$1,898$851
43 years$15,739$9,523$5,538$3,123$1,723$754
44 years$15,208$9,077$5,198$2,884$1,564$669
45 years$14,703$8,656$4,881$2,663$1,420$593
46 years$14,220$8,257$4,584$2,460$1,289$526
47 years$13,760$7,880$4,307$2,273$1,171$467
48 years$13,320$7,522$4,047$2,100$1,063$414
49 years$12,900$7,184$3,804$1,941$965$367
50 years$12,497$6,862$3,577$1,794$877$326

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 $5,989 every year, while hoping to spend $20,764 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: 84/10/6 Blend
39$12,800,000$12,800,000$12,800,000$12,800,000
40$14,111,778$13,433,378$13,234,978$15,292,281
41$15,529,086$14,069,520$13,656,257$16,699,727
42$17,090,264$14,736,138$14,090,953$18,241,827
43$18,809,965$15,434,703$14,539,493$19,934,879
44$20,704,334$16,166,756$15,002,319$21,794,020
45$22,791,166$16,933,916$15,479,886$23,835,918
46$25,090,066$17,737,880$15,972,664$26,078,929
47$27,622,642$18,580,425$16,481,137$28,543,273
48$30,412,701$19,463,416$17,005,805$31,251,213
49$33,486,483$20,388,809$17,547,186$34,227,276
50$36,872,898$21,358,655$18,105,810$37,498,473
51$40,603,808$22,375,103$18,682,229$41,094,555
52$44,714,321$23,440,408$19,277,009$45,048,296
53$49,243,128$24,556,934$19,890,735$49,395,793
54$54,232,863$25,727,160$20,524,011$54,176,811
55$59,730,510$26,953,686$21,177,460$59,435,153
56$65,787,843$28,239,237$21,851,725$65,219,069
57$72,461,916$29,586,672$22,547,471$71,581,717
58$79,815,601$30,998,989$23,265,380$78,581,651
59$87,918,182$32,479,329$24,006,161$86,283,381
60$96,846,011$34,030,991$24,770,542$94,757,975
61$106,683,224$35,657,429$25,559,274$104,083,725
62$117,522,538$37,362,269$26,373,136$114,346,887
63$129,466,128$39,149,311$27,212,927$125,642,488
64$142,626,587$41,022,541$28,079,474$138,075,226
65$157,127,992$42,986,139$28,973,630$151,760,447
66$173,107,076$45,044,489$29,896,275$166,825,235
67$190,714,516$47,202,186$30,848,318$183,409,608
68$210,116,356$49,464,053$31,830,696$201,667,835
69$231,495,575$51,835,142$32,844,375$221,769,885
70$255,053,817$54,320,757$33,890,355$243,903,034
71$281,013,288$56,926,457$34,969,664$268,273,621
72$309,618,861$59,658,070$36,083,365$295,108,999
73$341,140,382$62,521,713$37,232,555$324,659,666
74$375,875,221$65,523,797$38,418,366$357,201,637
75$414,151,077$68,671,047$39,641,964$393,039,032
76$456,329,073$71,970,514$40,904,556$432,506,951
77$502,807,164$75,429,594$42,207,384$475,974,627
78$554,023,894$79,056,044$43,551,731$523,848,904
79$610,462,538$82,857,997$44,938,921$576,578,076
80$672,655,663$86,843,985$46,370,321$634,656,109
81$741,190,154$91,022,953$47,847,340$698,627,296
82$816,712,757$95,404,285$49,371,432$769,091,392
83$899,936,183$99,997,820$50,944,100$846,709,266
84$991,645,838$104,813,878$52,566,893$932,209,130
85$1,092,707,238$109,863,282$54,241,407$1,026,393,410
86$1,204,074,176$115,157,383$55,969,295$1,130,146,307
87$1,326,797,732$120,708,085$57,752,256$1,244,442,139
88$1,462,036,192$126,527,873$59,592,049$1,370,354,527
89$1,611,065,986$132,629,841$61,490,484$1,509,066,522
90$1,775,293,735$139,027,721$63,449,434$1,661,881,762
91$1,956,269,534$145,735,917$65,470,828$1,830,236,770
92$2,155,701,583$152,769,534$67,556,657$2,015,714,502
93$2,375,472,316$160,144,413$69,708,977$2,220,059,278
94$2,617,656,173$167,877,170$71,929,909$2,445,193,240
95$2,884,539,183$175,985,231$74,221,640$2,693,234,484
96$3,178,640,545$184,486,873$76,586,431$2,966,517,039
97$3,502,736,415$193,401,263$79,026,610$3,267,612,894
98$3,859,886,110$202,748,507$81,544,583$3,599,356,256
99$4,253,460,999$212,549,689$84,142,832$3,964,870,297
100$4,687,176,321$222,826,924$86,823,916$4,367,596,621