Can I retire at age 40 with 7,800,000?

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 $7,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$644,117$638,379$632,782$627,318$621,983$604,740
2 years$318,870$312,931$307,176$301,595$296,182$278,939
3 years$210,468$204,504$198,763$193,235$187,910$171,207
4 years$156,278$150,332$144,648$139,215$134,019$117,983
5 years$123,772$117,862$112,253$106,930$101,879$86,555
6 years$102,109$96,243$90,717$85,513$80,614$66,016
7 years$86,641$80,825$75,386$70,305$65,560$51,689
8 years$75,046$69,282$63,934$58,977$54,389$41,237
9 years$66,032$60,322$55,066$50,235$45,803$33,358
10 years$58,825$53,171$48,008$43,303$39,027$27,272
11 years$52,932$47,335$42,265$37,687$33,564$22,481
12 years$48,025$42,486$37,509$33,057$29,086$18,654
13 years$43,876$38,395$33,512$29,184$25,364$15,560
14 years$40,323$34,900$30,111$25,906$22,234$13,035
15 years$37,246$31,881$27,186$23,104$19,576$10,958
16 years$34,557$29,251$24,648$20,687$17,301$9,238
17 years$32,186$26,939$22,429$18,587$15,341$7,807
18 years$30,082$24,893$20,475$16,751$13,640$6,611
19 years$28,201$23,070$18,744$15,136$12,158$5,608
20 years$26,510$21,438$17,202$13,708$10,860$4,763
21 years$24,982$19,969$15,822$12,441$9,718$4,051
22 years$23,595$18,640$14,583$11,312$8,711$3,449
23 years$22,330$17,434$13,465$10,302$7,819$2,938
24 years$21,173$16,334$12,453$9,396$7,028$2,505
25 years$20,110$15,329$11,534$8,581$6,324$2,137
26 years$19,130$14,407$10,697$7,846$5,697$1,824
27 years$18,224$13,558$9,933$7,182$5,136$1,558
28 years$17,384$12,776$9,234$6,580$4,634$1,331
29 years$16,604$12,053$8,593$6,034$4,185$1,137
30 years$15,877$11,382$8,004$5,538$3,781$972
31 years$15,199$10,760$7,462$5,086$3,419$831
32 years$14,564$10,181$6,962$4,674$3,092$711
33 years$13,969$9,642$6,501$4,298$2,799$608
34 years$13,410$9,138$6,074$3,955$2,534$520
35 years$12,884$8,667$5,678$3,640$2,295$445
36 years$12,388$8,227$5,312$3,353$2,079$381
37 years$11,921$7,813$4,972$3,089$1,885$326
38 years$11,479$7,426$4,656$2,847$1,709$279
39 years$11,060$7,061$4,362$2,625$1,549$239
40 years$10,664$6,718$4,089$2,422$1,405$204
41 years$10,288$6,395$3,834$2,234$1,275$175
42 years$9,931$6,090$3,596$2,062$1,157$150
43 years$9,591$5,803$3,375$1,903$1,050$128
44 years$9,268$5,531$3,168$1,757$953$110
45 years$8,959$5,275$2,974$1,623$865$94
46 years$8,666$5,032$2,794$1,499$786$80
47 years$8,385$4,802$2,625$1,385$713$69
48 years$8,117$4,584$2,466$1,280$648$59
49 years$7,861$4,377$2,318$1,183$588$50
50 years$7,616$4,182$2,179$1,093$534$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $7,800,000, adding $4,454 every year, while hoping to spend $51,184 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: 37/49/14 Blend
39$7,800,000$7,800,000$7,800,000$7,800,000
40$8,600,194$8,186,794$8,065,894$8,881,486
41$9,422,955$8,533,488$8,281,642$9,430,303
42$10,327,921$8,895,454$8,502,903$10,017,476
43$11,323,425$9,273,387$8,729,805$10,650,592
44$12,418,645$9,668,013$8,962,484$11,333,787
45$13,623,694$10,080,093$9,201,075$12,071,594
46$14,949,716$10,510,424$9,445,717$12,868,986
47$16,408,990$10,959,837$9,696,551$13,731,419
48$18,015,043$11,429,205$9,953,721$14,664,879
49$19,782,782$11,919,440$10,217,376$15,675,932
50$21,728,632$12,431,499$10,487,664$16,771,791
51$23,870,690$12,966,381$10,764,739$17,960,369
52$26,228,900$13,525,133$11,048,756$19,250,359
53$28,825,234$14,108,850$11,339,876$20,651,307
54$31,683,905$14,718,681$11,638,259$22,173,699
55$34,831,593$15,355,826$11,944,070$23,829,055
56$38,297,697$16,021,543$12,257,478$25,630,033
57$42,114,612$16,717,149$12,578,654$27,590,542
58$46,318,035$17,444,022$12,907,771$29,725,873
59$50,947,300$18,203,604$13,245,007$32,052,830
60$56,045,753$18,997,409$13,590,543$34,589,892
61$61,661,155$19,827,017$13,944,562$37,357,371
62$67,846,139$20,694,087$14,307,250$40,377,608
63$74,658,700$21,600,353$14,678,798$43,675,169
64$82,162,749$22,547,631$15,059,399$47,277,076
65$90,428,710$23,537,826$15,449,250$51,213,048
66$99,534,188$24,572,928$15,848,549$55,515,784
67$109,564,699$25,655,026$16,257,500$60,221,252
68$120,614,481$26,786,305$16,676,308$65,369,031
69$132,787,377$27,969,053$17,105,184$71,002,670
70$146,197,820$29,205,667$17,544,338$77,170,089
71$160,971,912$30,498,659$17,993,988$83,924,027
72$177,248,611$31,850,658$18,454,350$91,322,529
73$195,181,047$33,264,417$18,925,649$99,429,477
74$214,937,963$34,742,823$19,408,107$108,315,192
75$236,705,311$36,288,897$19,901,955$118,057,080
76$260,688,004$37,905,805$20,407,422$128,740,353
77$287,111,853$39,596,861$20,924,742$140,458,821
78$316,225,694$41,365,540$21,454,154$153,315,767
79$348,303,744$43,215,480$21,995,897$167,424,902
80$383,648,179$45,150,493$22,550,213$182,911,432
81$422,591,997$47,174,570$23,117,349$199,913,221
82$465,502,153$49,291,897$23,697,552$218,582,079
83$512,783,027$51,506,854$24,291,074$239,085,176
84$564,880,239$53,824,033$24,898,169$261,606,606
85$622,284,857$56,248,244$25,519,091$286,349,107
86$685,538,031$58,784,527$26,154,099$313,535,957
87$755,236,103$61,438,161$26,803,454$343,413,058
88$832,036,233$64,214,679$27,467,418$376,251,245
89$916,662,607$67,119,877$28,146,255$412,348,814
90$1,009,913,270$70,159,828$28,840,231$452,034,321
91$1,112,667,660$73,340,895$29,549,615$495,669,658
92$1,225,894,909$76,669,747$30,274,675$543,653,446
93$1,350,662,995$80,153,369$31,015,681$596,424,773
94$1,488,148,820$83,799,084$31,772,906$654,467,311
95$1,639,649,322$87,614,562$32,546,621$718,313,858
96$1,806,593,719$91,607,841$33,337,099$788,551,335
97$1,990,557,000$95,787,347$34,144,614$865,826,298
98$2,193,274,793$100,161,906$34,969,437$950,851,009
99$2,416,659,752$104,740,770$35,811,844$1,044,410,129
100$2,662,819,611$109,533,632$36,672,105$1,147,368,089