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%17.1%
1 years$668,890$662,932$657,119$651,446$645,905$627,241
2 years$331,134$324,967$318,990$313,195$307,574$288,918
3 years$218,563$212,369$206,408$200,667$195,138$177,075
4 years$162,289$156,114$150,212$144,569$139,174$121,842
5 years$128,533$122,395$116,571$111,043$105,798$89,245
6 years$106,036$99,945$94,206$88,802$83,714$67,956
7 years$89,974$83,934$78,286$73,009$68,082$53,118
8 years$77,932$71,947$66,393$61,245$56,481$42,302
9 years$68,572$62,642$57,184$52,168$47,565$34,157
10 years$61,087$55,216$49,854$44,969$40,528$27,873
11 years$54,968$49,156$43,891$39,136$34,855$22,933
12 years$49,872$44,120$38,952$34,328$30,205$18,991
13 years$45,564$39,871$34,801$30,306$26,339$15,809
14 years$41,874$36,242$31,269$26,903$23,089$13,216
15 years$38,679$33,108$28,232$23,992$20,329$11,087
16 years$35,886$30,376$25,596$21,483$17,967$9,327
17 years$33,424$27,975$23,291$19,302$15,931$7,865
18 years$31,239$25,850$21,262$17,395$14,165$6,645
19 years$29,285$23,957$19,464$15,718$12,625$5,624
20 years$27,529$22,262$17,863$14,236$11,277$4,766
21 years$25,943$20,737$16,431$12,920$10,092$4,044
22 years$24,502$19,357$15,144$11,747$9,046$3,435
23 years$23,189$18,104$13,983$10,698$8,120$2,919
24 years$21,987$16,962$12,931$9,757$7,299$2,483
25 years$20,883$15,918$11,977$8,911$6,568$2,113
26 years$19,866$14,961$11,108$8,148$5,916$1,800
27 years$18,925$14,080$10,315$7,458$5,334$1,533
28 years$18,053$13,267$9,589$6,833$4,813$1,306
29 years$17,243$12,516$8,923$6,266$4,346$1,114
30 years$16,488$11,820$8,312$5,751$3,927$950
31 years$15,783$11,174$7,749$5,281$3,550$810
32 years$15,124$10,573$7,230$4,854$3,211$691
33 years$14,506$10,013$6,751$4,463$2,906$589
34 years$13,925$9,490$6,307$4,107$2,631$503
35 years$13,379$9,001$5,897$3,781$2,383$429
36 years$12,865$8,543$5,516$3,482$2,159$366
37 years$12,379$8,114$5,163$3,208$1,957$313
38 years$11,920$7,711$4,835$2,957$1,774$267
39 years$11,486$7,333$4,530$2,726$1,609$228
40 years$11,074$6,976$4,246$2,515$1,459$195
41 years$10,683$6,641$3,981$2,320$1,324$166
42 years$10,312$6,325$3,735$2,141$1,201$142
43 years$9,960$6,026$3,504$1,977$1,090$121
44 years$9,624$5,744$3,290$1,825$990$103
45 years$9,304$5,477$3,089$1,685$898$88
46 years$8,999$5,225$2,901$1,557$816$75
47 years$8,708$4,987$2,726$1,438$741$64
48 years$8,429$4,760$2,561$1,329$673$55
49 years$8,163$4,546$2,407$1,228$611$47
50 years$7,908$4,342$2,263$1,135$555$40

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 $4,058 every year, while hoping to spend $55,010 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: 67/13/20 Blend
39$8,100,000$8,100,000$8,100,000$8,100,000
40$8,930,386$8,501,086$8,375,536$9,483,837
41$9,782,755$8,859,109$8,597,586$10,213,002
42$10,720,222$9,232,831$8,825,231$11,003,340
43$11,751,409$9,622,964$9,058,601$11,866,302
44$12,885,815$10,030,252$9,297,827$12,809,029
45$14,133,908$10,455,474$9,543,043$13,839,384
46$15,507,218$10,899,444$9,794,387$14,966,021
47$17,018,453$11,363,015$10,051,998$16,198,467
48$18,681,614$11,847,081$10,316,018$17,547,210
49$20,512,126$12,352,576$10,586,592$19,023,799
50$22,526,987$12,880,477$10,863,867$20,640,947
51$24,744,927$13,431,807$11,147,994$22,412,653
52$27,186,583$14,007,639$11,439,125$24,354,333
53$29,874,694$14,609,093$11,737,415$26,482,961
54$32,834,318$15,237,343$12,043,024$28,817,231
55$36,093,064$15,893,619$12,356,111$31,377,729
56$39,681,356$16,579,206$12,676,840$34,187,129
57$43,632,718$17,295,450$13,005,377$37,270,399
58$47,984,090$18,043,763$13,341,893$40,655,043
59$52,776,179$18,825,619$13,686,558$44,371,352
60$58,053,839$19,642,563$14,039,547$48,452,692
61$63,866,496$20,496,215$14,401,038$52,935,812
62$70,268,617$21,388,267$14,771,210$57,861,197
63$77,320,217$22,320,494$15,150,247$63,273,438
64$85,087,433$23,294,752$15,538,334$69,221,658
65$93,643,142$24,312,986$15,935,660$75,759,971
66$103,067,653$25,377,232$16,342,415$82,947,987
67$113,449,460$26,489,623$16,758,792$90,851,379
68$124,886,082$27,652,392$17,184,989$99,542,493
69$137,484,981$28,867,877$17,621,204$109,101,031
70$151,364,573$30,138,528$18,067,639$119,614,804
71$166,655,351$31,466,907$18,524,497$131,180,550
72$183,501,114$32,855,703$18,991,985$143,904,851
73$202,060,323$34,307,728$19,470,311$157,905,132
74$222,507,597$35,825,928$19,959,688$173,310,769
75$245,035,363$37,413,388$20,460,328$190,264,301
76$269,855,668$39,073,343$20,972,447$208,922,779
77$297,202,185$40,809,175$21,496,263$229,459,239
78$327,332,416$42,624,433$22,031,996$252,064,335
79$360,530,122$44,522,830$22,579,867$276,948,132
80$397,108,003$46,508,257$23,140,102$304,342,085
81$437,410,648$48,584,791$23,712,923$334,501,222
82$481,817,788$50,756,699$24,298,560$367,706,543
83$530,747,881$53,028,456$24,897,240$404,267,670
84$584,662,060$55,404,746$25,509,193$444,525,762
85$644,068,490$57,890,477$26,134,651$488,856,736
86$709,527,158$60,490,793$26,773,844$537,674,804
87$781,655,167$63,211,081$27,427,007$591,436,378
88$861,132,554$66,056,984$28,094,371$650,644,377
89$948,708,715$69,034,416$28,776,173$715,852,965
90$1,045,209,473$72,149,573$29,472,645$787,672,775
91$1,151,544,883$75,408,945$30,184,021$866,776,669
92$1,268,717,811$78,819,333$30,910,536$953,906,082
93$1,397,833,411$82,387,864$31,652,422$1,049,878,013
94$1,540,109,554$86,122,004$32,409,913$1,155,592,731
95$1,696,888,323$90,029,577$33,183,240$1,272,042,266
96$1,869,648,685$94,118,780$33,972,632$1,400,319,766
97$2,060,020,454$98,398,203$34,778,318$1,541,629,804
98$2,269,799,673$102,876,847$35,600,525$1,697,299,748
99$2,500,965,572$107,564,145$36,439,474$1,868,792,274
100$2,755,699,252$112,469,980$37,295,388$2,057,719,173