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%14.8%
1 years$644,117$638,379$632,782$627,318$621,983$609,674
2 years$318,870$312,931$307,176$301,595$296,182$283,833
3 years$210,468$204,504$198,763$193,235$187,910$175,906
4 years$156,278$150,332$144,648$139,215$134,019$122,453
5 years$123,772$117,862$112,253$106,930$101,879$90,783
6 years$102,109$96,243$90,717$85,513$80,614$70,000
7 years$86,641$80,825$75,386$70,305$65,560$55,432
8 years$75,046$69,282$63,934$58,977$54,389$44,742
9 years$66,032$60,322$55,066$50,235$45,803$36,632
10 years$58,825$53,171$48,008$43,303$39,027$30,322
11 years$52,932$47,335$42,265$37,687$33,564$25,316
12 years$48,025$42,486$37,509$33,057$29,086$21,283
13 years$43,876$38,395$33,512$29,184$25,364$17,992
14 years$40,323$34,900$30,111$25,906$22,234$15,280
15 years$37,246$31,881$27,186$23,104$19,576$13,025
16 years$34,557$29,251$24,648$20,687$17,301$11,139
17 years$32,186$26,939$22,429$18,587$15,341$9,551
18 years$30,082$24,893$20,475$16,751$13,640$8,208
19 years$28,201$23,070$18,744$15,136$12,158$7,067
20 years$26,510$21,438$17,202$13,708$10,860$6,094
21 years$24,982$19,969$15,822$12,441$9,718$5,263
22 years$23,595$18,640$14,583$11,312$8,711$4,550
23 years$22,330$17,434$13,465$10,302$7,819$3,938
24 years$21,173$16,334$12,453$9,396$7,028$3,411
25 years$20,110$15,329$11,534$8,581$6,324$2,957
26 years$19,130$14,407$10,697$7,846$5,697$2,565
27 years$18,224$13,558$9,933$7,182$5,136$2,226
28 years$17,384$12,776$9,234$6,580$4,634$1,933
29 years$16,604$12,053$8,593$6,034$4,185$1,679
30 years$15,877$11,382$8,004$5,538$3,781$1,459
31 years$15,199$10,760$7,462$5,086$3,419$1,268
32 years$14,564$10,181$6,962$4,674$3,092$1,103
33 years$13,969$9,642$6,501$4,298$2,799$959
34 years$13,410$9,138$6,074$3,955$2,534$834
35 years$12,884$8,667$5,678$3,640$2,295$726
36 years$12,388$8,227$5,312$3,353$2,079$632
37 years$11,921$7,813$4,972$3,089$1,885$550
38 years$11,479$7,426$4,656$2,847$1,709$478
39 years$11,060$7,061$4,362$2,625$1,549$417
40 years$10,664$6,718$4,089$2,422$1,405$363
41 years$10,288$6,395$3,834$2,234$1,275$316
42 years$9,931$6,090$3,596$2,062$1,157$275
43 years$9,591$5,803$3,375$1,903$1,050$239
44 years$9,268$5,531$3,168$1,757$953$208
45 years$8,959$5,275$2,974$1,623$865$181
46 years$8,666$5,032$2,794$1,499$786$158
47 years$8,385$4,802$2,625$1,385$713$138
48 years$8,117$4,584$2,466$1,280$648$120
49 years$7,861$4,377$2,318$1,183$588$104
50 years$7,616$4,182$2,179$1,093$534$91

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 $5,096 every year, while hoping to spend $27,936 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: 24/49/27 Blend
39$7,800,000$7,800,000$7,800,000$7,800,000
40$8,600,857$8,187,457$8,066,557$8,733,819
41$9,448,420$8,558,918$8,307,062$9,218,042
42$10,381,499$8,947,645$8,554,689$9,733,785
43$11,408,786$9,354,454$8,809,645$10,285,786
44$12,539,860$9,780,200$9,072,147$10,877,077
45$13,785,277$10,225,781$9,342,414$11,510,973
46$15,156,665$10,692,134$9,620,675$12,191,097
47$16,666,842$11,180,246$9,907,165$12,921,409
48$18,329,929$11,691,147$10,202,124$13,706,243
49$20,161,488$12,225,920$10,505,801$14,550,338
50$22,178,666$12,785,696$10,818,452$15,458,885
51$24,400,358$13,371,663$11,140,338$16,437,563
52$26,847,386$13,985,066$11,471,731$17,492,595
53$29,542,694$14,627,209$11,812,909$18,630,798
54$32,511,565$15,299,458$12,164,157$19,859,640
55$35,781,860$16,003,247$12,525,771$21,187,309
56$39,384,279$16,740,075$12,898,054$22,622,781
57$43,352,654$17,511,517$13,281,318$24,175,899
58$47,724,266$18,319,222$13,675,882$25,857,461
59$52,540,195$19,164,919$14,082,079$27,679,313
60$57,845,713$20,050,418$14,500,247$29,654,454
61$63,690,706$20,977,619$14,930,735$31,797,151
62$70,130,147$21,948,511$15,373,904$34,123,067
63$77,224,616$22,965,182$15,830,123$36,649,400
64$85,040,868$24,029,817$16,299,773$39,395,035
65$93,652,466$25,144,708$16,783,246$42,380,716
66$103,140,477$26,312,258$17,280,944$45,629,232
67$113,594,232$27,534,985$17,793,282$49,165,617
68$125,112,173$28,815,528$18,320,686$53,017,384
69$137,802,781$30,156,655$18,863,595$57,214,769
70$151,785,600$31,561,266$19,422,461$61,791,006
71$167,192,364$33,032,401$19,997,746$66,782,628
72$184,168,244$34,573,248$20,589,930$72,229,803
73$202,873,216$36,187,148$21,199,503$78,176,693
74$223,483,568$37,877,603$21,826,971$84,671,867
75$246,193,571$39,648,284$22,472,853$91,768,736
76$271,217,306$41,503,041$23,137,685$99,526,050
77$298,790,691$43,445,909$23,822,017$108,008,431
78$329,173,700$45,481,118$24,526,414$117,286,970
79$362,652,828$47,613,103$25,251,458$127,439,881
80$399,543,783$49,846,512$25,997,749$138,553,219
81$440,194,478$52,186,219$26,765,902$150,721,678
82$484,988,306$54,637,336$27,556,551$164,049,461
83$534,347,765$57,205,217$28,370,348$178,651,246
84$588,738,445$59,895,480$29,207,962$194,653,245
85$648,673,421$62,714,014$30,070,084$212,194,377
86$714,718,100$65,666,990$30,957,421$231,427,551
87$787,495,555$68,760,882$31,870,704$252,521,088
88$867,692,412$72,002,475$32,810,683$275,660,285
89$956,065,326$75,398,885$33,778,129$301,049,134
90$1,053,448,128$78,957,569$34,773,835$328,912,222
91$1,160,759,696$82,686,349$35,798,618$359,496,823
92$1,279,012,630$86,593,425$36,853,316$393,075,197
93$1,409,322,810$90,687,394$37,938,794$429,947,134
94$1,552,919,931$94,977,271$39,055,938$470,442,744
95$1,711,159,113$99,472,507$40,205,661$514,925,542
96$1,885,533,695$104,183,012$41,388,903$563,795,843
97$2,077,689,329$109,119,176$42,606,629$617,494,500
98$2,289,439,520$114,291,896$43,859,830$676,507,026
99$2,522,782,747$119,712,594$45,149,530$741,368,135
100$2,779,921,324$125,393,249$46,476,777$812,666,747