Can I retire at age 40 with 8,100,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $8,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$668,890$662,932$657,119$651,446$645,905$623,982
2 years$331,134$324,967$318,990$313,195$307,574$285,706
3 years$218,563$212,369$206,408$200,667$195,138$174,012
4 years$162,289$156,114$150,212$144,569$139,174$118,952
5 years$128,533$122,395$116,571$111,043$105,798$86,534
6 years$106,036$99,945$94,206$88,802$83,714$65,423
7 years$89,974$83,934$78,286$73,009$68,082$50,761
8 years$77,932$71,947$66,393$61,245$56,481$40,116
9 years$68,572$62,642$57,184$52,168$47,565$32,137
10 years$61,087$55,216$49,854$44,969$40,528$26,011
11 years$54,968$49,156$43,891$39,136$34,855$21,222
12 years$49,872$44,120$38,952$34,328$30,205$17,423
13 years$45,564$39,871$34,801$30,306$26,339$14,377
14 years$41,874$36,242$31,269$26,903$23,089$11,911
15 years$38,679$33,108$28,232$23,992$20,329$9,900
16 years$35,886$30,376$25,596$21,483$17,967$8,251
17 years$33,424$27,975$23,291$19,302$15,931$6,892
18 years$31,239$25,850$21,262$17,395$14,165$5,767
19 years$29,285$23,957$19,464$15,718$12,625$4,833
20 years$27,529$22,262$17,863$14,236$11,277$4,055
21 years$25,943$20,737$16,431$12,920$10,092$3,406
22 years$24,502$19,357$15,144$11,747$9,046$2,864
23 years$23,189$18,104$13,983$10,698$8,120$2,409
24 years$21,987$16,962$12,931$9,757$7,299$2,028
25 years$20,883$15,918$11,977$8,911$6,568$1,708
26 years$19,866$14,961$11,108$8,148$5,916$1,440
27 years$18,925$14,080$10,315$7,458$5,334$1,214
28 years$18,053$13,267$9,589$6,833$4,813$1,023
29 years$17,243$12,516$8,923$6,266$4,346$863
30 years$16,488$11,820$8,312$5,751$3,927$728
31 years$15,783$11,174$7,749$5,281$3,550$614
32 years$15,124$10,573$7,230$4,854$3,211$518
33 years$14,506$10,013$6,751$4,463$2,906$438
34 years$13,925$9,490$6,307$4,107$2,631$369
35 years$13,379$9,001$5,897$3,781$2,383$312
36 years$12,865$8,543$5,516$3,482$2,159$263
37 years$12,379$8,114$5,163$3,208$1,957$222
38 years$11,920$7,711$4,835$2,957$1,774$188
39 years$11,486$7,333$4,530$2,726$1,609$158
40 years$11,074$6,976$4,246$2,515$1,459$134
41 years$10,683$6,641$3,981$2,320$1,324$113
42 years$10,312$6,325$3,735$2,141$1,201$95
43 years$9,960$6,026$3,504$1,977$1,090$81
44 years$9,624$5,744$3,290$1,825$990$68
45 years$9,304$5,477$3,089$1,685$898$57
46 years$8,999$5,225$2,901$1,557$816$49
47 years$8,708$4,987$2,726$1,438$741$41
48 years$8,429$4,760$2,561$1,329$673$35
49 years$8,163$4,546$2,407$1,228$611$29
50 years$7,908$4,342$2,263$1,135$555$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $8,100,000, adding $5,974 every year, while hoping to spend $52,349 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: 63/25/12 Blend
39$8,100,000$8,100,000$8,100,000$8,100,000
40$8,932,362$8,503,062$8,377,512$9,469,793
41$9,787,764$8,864,013$8,602,460$10,191,203
42$10,728,663$9,240,897$8,833,189$10,972,025
43$11,763,723$9,634,437$9,069,837$11,823,327
44$12,902,493$10,045,395$9,312,547$12,751,954
45$14,155,491$10,474,563$9,561,462$13,765,436
46$15,534,310$10,922,775$9,816,729$14,872,056
47$17,051,719$11,390,900$10,078,499$16,080,928
48$18,721,790$11,879,850$10,346,924$17,402,079
49$20,560,028$12,390,579$10,622,162$18,846,544
50$22,583,519$12,924,085$10,904,372$20,426,465
51$24,811,086$13,481,413$11,193,717$22,155,206
52$27,263,472$14,063,658$11,490,362$24,047,476
53$29,963,534$14,671,965$11,794,476$26,119,464
54$32,936,456$15,307,533$12,106,233$28,388,993
55$36,209,991$15,971,619$12,425,808$30,875,678
56$39,814,718$16,665,536$12,753,381$33,601,120
57$43,784,333$17,390,661$13,089,133$36,589,094
58$48,155,967$18,148,436$13,433,251$39,865,780
59$52,970,536$18,940,368$13,785,925$43,460,005
60$58,273,124$19,768,040$14,147,347$47,403,507
61$64,113,413$20,633,104$14,517,713$51,731,237
62$70,546,149$21,537,295$14,897,225$56,481,682
63$77,631,660$22,482,425$15,286,085$61,697,226
64$85,436,421$23,470,396$15,684,501$67,424,546
65$94,033,687$24,503,196$16,092,683$73,715,047
66$103,504,181$25,582,911$16,510,845$80,625,345
67$113,936,855$26,711,722$16,939,207$88,217,797
68$125,429,733$27,891,914$17,377,989$96,561,082
69$138,090,831$29,125,883$17,827,416$105,730,848
70$152,039,179$30,416,135$18,287,719$115,810,421
71$167,405,947$31,765,297$18,759,128$126,891,582
72$184,335,675$33,176,119$19,241,881$139,075,433
73$202,987,648$34,651,482$19,736,218$152,473,342
74$223,537,388$36,194,405$20,242,381$167,207,992
75$246,178,319$37,808,048$20,760,619$183,414,528
76$271,123,589$39,495,724$21,291,181$201,241,829
77$298,608,081$41,260,901$21,834,321$220,853,909
78$328,890,633$43,107,213$22,390,299$242,431,453
79$362,256,478$45,038,466$22,959,374$266,173,518
80$399,019,938$47,058,650$23,541,812$292,299,404
81$439,527,389$49,171,942$24,137,881$321,050,716
82$484,160,534$51,382,718$24,747,851$352,693,636
83$533,340,003$53,695,566$25,371,998$387,521,429
84$587,529,323$56,115,288$26,010,600$425,857,197
85$647,239,295$58,646,919$26,663,936$468,056,926
86$713,032,818$61,295,732$27,332,292$514,512,830
87$785,530,195$64,067,253$28,015,954$565,657,049
88$865,414,998$66,967,271$28,715,212$621,965,713
89$953,440,514$70,001,853$29,430,357$683,963,426
90$1,050,436,857$73,177,355$30,161,685$752,228,208
91$1,157,318,809$76,500,437$30,909,494$827,396,939
92$1,275,094,447$79,978,078$31,674,081$910,171,355
93$1,404,874,667$83,617,591$32,455,750$1,001,324,663
94$1,547,883,668$87,426,638$33,254,803$1,101,708,822
95$1,705,470,509$91,413,250$34,071,545$1,212,262,574
96$1,879,121,842$95,585,841$34,906,284$1,334,020,290
97$2,070,475,952$99,953,229$35,759,326$1,468,121,714
98$2,281,338,218$104,524,656$36,630,981$1,615,822,712
99$2,513,698,156$109,309,804$37,521,559$1,778,507,105
100$2,769,748,206$114,318,823$38,431,370$1,957,699,716