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

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 $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%15.4%
1 years$668,890$662,932$657,119$651,446$645,905$631,574
2 years$331,134$324,967$318,990$313,195$307,574$293,210
3 years$218,563$212,369$206,408$200,667$195,138$181,189
4 years$162,289$156,114$150,212$144,569$139,174$125,749
5 years$128,533$122,395$116,571$111,043$105,798$92,933
6 years$106,036$99,945$94,206$88,802$83,714$71,424
7 years$89,974$83,934$78,286$73,009$68,082$56,369
8 years$77,932$71,947$66,393$61,245$56,481$45,340
9 years$68,572$62,642$57,184$52,168$47,565$36,988
10 years$61,087$55,216$49,854$44,969$40,528$30,504
11 years$54,968$49,156$43,891$39,136$34,855$25,372
12 years$49,872$44,120$38,952$34,328$30,205$21,246
13 years$45,564$39,871$34,801$30,306$26,339$17,889
14 years$41,874$36,242$31,269$26,903$23,089$15,131
15 years$38,679$33,108$28,232$23,992$20,329$12,845
16 years$35,886$30,376$25,596$21,483$17,967$10,938
17 years$33,424$27,975$23,291$19,302$15,931$9,338
18 years$31,239$25,850$21,262$17,395$14,165$7,990
19 years$29,285$23,957$19,464$15,718$12,625$6,848
20 years$27,529$22,262$17,863$14,236$11,277$5,879
21 years$25,943$20,737$16,431$12,920$10,092$5,054
22 years$24,502$19,357$15,144$11,747$9,046$4,349
23 years$23,189$18,104$13,983$10,698$8,120$3,747
24 years$21,987$16,962$12,931$9,757$7,299$3,230
25 years$20,883$15,918$11,977$8,911$6,568$2,787
26 years$19,866$14,961$11,108$8,148$5,916$2,405
27 years$18,925$14,080$10,315$7,458$5,334$2,078
28 years$18,053$13,267$9,589$6,833$4,813$1,795
29 years$17,243$12,516$8,923$6,266$4,346$1,552
30 years$16,488$11,820$8,312$5,751$3,927$1,342
31 years$15,783$11,174$7,749$5,281$3,550$1,161
32 years$15,124$10,573$7,230$4,854$3,211$1,004
33 years$14,506$10,013$6,751$4,463$2,906$869
34 years$13,925$9,490$6,307$4,107$2,631$752
35 years$13,379$9,001$5,897$3,781$2,383$651
36 years$12,865$8,543$5,516$3,482$2,159$564
37 years$12,379$8,114$5,163$3,208$1,957$488
38 years$11,920$7,711$4,835$2,957$1,774$423
39 years$11,486$7,333$4,530$2,726$1,609$366
40 years$11,074$6,976$4,246$2,515$1,459$317
41 years$10,683$6,641$3,981$2,320$1,324$275
42 years$10,312$6,325$3,735$2,141$1,201$238
43 years$9,960$6,026$3,504$1,977$1,090$206
44 years$9,624$5,744$3,290$1,825$990$179
45 years$9,304$5,477$3,089$1,685$898$155
46 years$8,999$5,225$2,901$1,557$816$134
47 years$8,708$4,987$2,726$1,438$741$116
48 years$8,429$4,760$2,561$1,329$673$101
49 years$8,163$4,546$2,407$1,228$611$87
50 years$7,908$4,342$2,263$1,135$555$76

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 $2,324 every year, while hoping to spend $33,523 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: 62/11/27 Blend
39$8,100,000$8,100,000$8,100,000$8,100,000
40$8,928,597$8,499,297$8,373,747$9,417,575
41$9,803,646$8,880,095$8,618,600$10,130,665
42$10,766,826$9,278,427$8,870,531$10,905,099
43$11,827,092$9,695,120$9,129,743$11,750,019
44$12,994,309$10,131,034$9,396,443$12,672,323
45$14,279,349$10,587,076$9,670,845$13,679,602
46$15,694,191$11,064,191$9,953,167$14,780,213
47$17,252,036$11,563,374$10,243,635$15,983,351
48$18,967,427$12,085,662$10,542,480$17,299,138
49$20,856,392$12,632,147$10,849,941$18,738,717
50$22,936,591$13,203,970$11,166,261$20,314,355
51$25,227,486$13,802,327$11,491,693$22,039,555
52$27,750,520$14,428,471$11,826,495$23,929,187
53$30,529,322$15,083,716$12,170,932$25,999,622
54$33,589,933$15,769,437$12,525,278$28,268,884
55$36,961,044$16,487,078$12,889,813$30,756,823
56$40,674,274$17,238,149$13,264,826$33,485,296
57$44,764,465$18,024,232$13,650,612$36,478,375
58$49,270,010$18,846,989$14,047,477$39,762,568
59$54,233,216$19,708,157$14,455,733$43,367,069
60$59,700,707$20,609,559$14,875,702$47,324,032
61$65,723,855$21,553,104$15,307,715$51,668,873
62$72,359,276$22,540,794$15,752,111$56,440,596
63$79,669,355$23,574,725$16,209,239$61,682,166
64$87,722,839$24,657,096$16,679,458$67,440,908
65$96,595,485$25,790,211$17,163,137$73,768,951
66$106,370,776$26,976,483$17,660,653$80,723,718
67$117,140,707$28,218,443$18,172,397$88,368,465
68$129,006,655$29,518,742$18,698,768$96,772,873
69$142,080,334$30,880,160$19,240,177$106,013,706
70$156,484,850$32,305,610$19,797,045$116,175,530
71$172,355,865$33,798,146$20,369,806$127,351,507
72$189,842,875$35,360,966$20,958,907$139,644,272
73$209,110,622$36,997,427$21,564,803$153,166,899
74$230,340,647$38,711,042$22,187,966$168,043,961
75$253,733,008$40,505,499$22,828,878$184,412,707
76$279,508,165$42,384,658$23,488,035$202,424,346
77$307,909,061$44,352,570$24,165,948$222,245,479
78$339,203,417$46,413,478$24,863,139$244,059,657
79$373,686,258$48,571,831$25,580,147$268,069,118
80$411,682,698$50,832,292$26,317,523$294,496,685
81$453,551,008$53,199,749$27,075,835$323,587,866
82$499,686,002$55,679,327$27,855,666$355,613,167
83$550,522,757$58,276,397$28,657,614$390,870,638
84$606,540,728$60,996,591$29,482,294$429,688,684
85$668,268,269$63,845,810$30,330,337$472,429,154
86$736,287,621$66,830,244$31,202,392$519,490,754
87$811,240,411$69,956,378$32,099,125$571,312,803
88$893,833,705$73,231,013$33,021,218$628,379,375
89$984,846,690$76,661,279$33,969,375$691,223,859
90$1,085,138,020$80,254,650$34,944,317$760,433,985
91$1,195,653,930$84,018,960$35,946,784$836,657,372
92$1,317,437,166$87,962,424$36,977,536$920,607,624
93$1,451,636,827$92,093,653$38,037,354$1,013,071,064
94$1,599,519,218$96,421,677$39,127,040$1,114,914,149
95$1,762,479,799$100,955,959$40,247,417$1,227,091,634
96$1,942,056,362$105,706,425$41,399,329$1,350,655,582
97$2,139,943,549$110,683,478$42,583,644$1,486,765,284
98$2,358,008,848$115,898,025$43,801,253$1,636,698,189
99$2,598,310,226$121,361,504$45,053,071$1,801,861,958
100$2,863,115,555$127,085,904$46,340,035$1,983,807,738