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%
1 years$668,890$662,932$657,119$651,446$645,905$632,606
2 years$331,134$324,967$318,990$313,195$307,574$294,235
3 years$218,563$212,369$206,408$200,667$195,138$182,176
4 years$162,289$156,114$150,212$144,569$139,174$126,689
5 years$128,533$122,395$116,571$111,043$105,798$93,825
6 years$106,036$99,945$94,206$88,802$83,714$72,267
7 years$89,974$83,934$78,286$73,009$68,082$57,162
8 years$77,932$71,947$66,393$61,245$56,481$46,085
9 years$68,572$62,642$57,184$52,168$47,565$37,687
10 years$61,087$55,216$49,854$44,969$40,528$31,157
11 years$54,968$49,156$43,891$39,136$34,855$25,980
12 years$49,872$44,120$38,952$34,328$30,205$21,813
13 years$45,564$39,871$34,801$30,306$26,339$18,415
14 years$41,874$36,242$31,269$26,903$23,089$15,618
15 years$38,679$33,108$28,232$23,992$20,329$13,296
16 years$35,886$30,376$25,596$21,483$17,967$11,354
17 years$33,424$27,975$23,291$19,302$15,931$9,721
18 years$31,239$25,850$21,262$17,395$14,165$8,342
19 years$29,285$23,957$19,464$15,718$12,625$7,171
20 years$27,529$22,262$17,863$14,236$11,277$6,175
21 years$25,943$20,737$16,431$12,920$10,092$5,325
22 years$24,502$19,357$15,144$11,747$9,046$4,596
23 years$23,189$18,104$13,983$10,698$8,120$3,972
24 years$21,987$16,962$12,931$9,757$7,299$3,435
25 years$20,883$15,918$11,977$8,911$6,568$2,973
26 years$19,866$14,961$11,108$8,148$5,916$2,575
27 years$18,925$14,080$10,315$7,458$5,334$2,231
28 years$18,053$13,267$9,589$6,833$4,813$1,934
29 years$17,243$12,516$8,923$6,266$4,346$1,677
30 years$16,488$11,820$8,312$5,751$3,927$1,455
31 years$15,783$11,174$7,749$5,281$3,550$1,263
32 years$15,124$10,573$7,230$4,854$3,211$1,096
33 years$14,506$10,013$6,751$4,463$2,906$952
34 years$13,925$9,490$6,307$4,107$2,631$827
35 years$13,379$9,001$5,897$3,781$2,383$718
36 years$12,865$8,543$5,516$3,482$2,159$624
37 years$12,379$8,114$5,163$3,208$1,957$542
38 years$11,920$7,711$4,835$2,957$1,774$471
39 years$11,486$7,333$4,530$2,726$1,609$409
40 years$11,074$6,976$4,246$2,515$1,459$356
41 years$10,683$6,641$3,981$2,320$1,324$309
42 years$10,312$6,325$3,735$2,141$1,201$269
43 years$9,960$6,026$3,504$1,977$1,090$233
44 years$9,624$5,744$3,290$1,825$990$203
45 years$9,304$5,477$3,089$1,685$898$176
46 years$8,999$5,225$2,901$1,557$816$153
47 years$8,708$4,987$2,726$1,438$741$133
48 years$8,429$4,760$2,561$1,329$673$116
49 years$8,163$4,546$2,407$1,228$611$101
50 years$7,908$4,342$2,263$1,135$555$88

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 $2,296 every year, while hoping to spend $55,822 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: 32/42/26 Blend
39$8,100,000$8,100,000$8,100,000$8,100,000
40$8,928,568$8,499,268$8,373,718$9,143,133
41$9,779,888$8,856,338$8,594,844$9,663,904
42$10,716,172$9,229,034$8,821,506$10,219,299
43$11,746,026$9,618,061$9,053,831$10,816,413
44$12,878,935$10,024,161$9,291,949$11,458,949
45$14,125,348$10,448,106$9,535,991$12,150,969
46$15,496,776$10,890,706$9,786,089$12,896,926
47$17,005,906$11,352,809$10,042,382$13,701,702
48$18,666,713$11,835,301$10,305,006$14,570,655
49$20,494,598$12,339,111$10,574,104$15,509,662
50$22,506,529$12,865,210$10,849,819$16,525,174
51$24,721,204$13,414,615$11,132,297$17,624,272
52$27,159,225$13,988,389$11,421,687$18,814,729
53$29,843,292$14,587,646$11,718,140$20,105,082
54$32,798,420$15,213,553$12,021,809$21,504,707
55$36,052,171$15,867,328$12,332,852$23,023,904
56$39,634,916$16,550,251$12,651,426$24,673,988
57$43,580,122$17,263,658$12,977,693$26,467,394
58$47,924,665$18,008,949$13,311,817$28,417,787
59$52,709,183$18,787,589$13,653,965$30,540,188
60$57,978,452$19,601,113$14,004,305$32,851,107
61$63,781,813$20,451,127$14,363,009$35,368,700
62$70,173,639$21,339,313$14,730,250$38,112,927
63$77,213,842$22,267,431$15,106,205$41,105,740
64$84,968,445$23,237,326$15,491,054$44,371,281
65$93,510,199$24,250,928$15,884,977$47,936,105
66$102,919,273$25,310,257$16,288,158$51,829,423
67$113,284,011$26,417,432$16,700,783$56,083,371
68$124,701,761$27,574,667$17,123,040$60,733,306
69$137,279,800$28,784,285$17,555,121$65,818,131
70$151,136,340$30,048,715$17,997,218$71,380,656
71$166,401,648$31,370,504$18,449,526$77,467,992
72$183,219,274$32,752,316$18,912,243$84,131,989
73$201,747,404$34,196,944$19,385,567$91,429,713
74$222,160,356$35,707,311$19,869,701$99,423,978
75$244,650,223$37,286,479$20,364,846$108,183,928
76$269,428,686$38,937,657$20,871,209$117,785,678
77$296,729,012$40,664,203$21,388,995$128,313,024
78$326,808,258$42,469,635$21,918,412$139,858,220
79$359,949,692$44,357,639$22,459,671$152,522,839
80$396,465,473$46,332,076$23,012,983$166,418,719
81$436,699,593$48,396,989$23,578,559$181,669,002
82$481,031,124$50,556,614$24,156,613$198,409,291
83$529,877,798$52,815,388$24,747,360$216,788,905
84$583,699,951$55,177,959$25,351,014$236,972,285
85$643,004,863$57,649,197$25,967,790$259,140,521
86$708,351,554$60,234,202$26,597,905$283,493,051
87$780,356,053$62,938,318$27,241,576$310,249,526
88$859,697,219$65,767,145$27,899,017$339,651,862
89$947,123,147$68,726,546$28,570,446$371,966,512
90$1,043,458,229$71,822,668$29,256,077$407,486,954
91$1,149,610,937$75,061,948$29,956,125$446,536,447
92$1,266,582,402$78,451,132$30,670,803$489,471,058
93$1,395,475,856$81,997,287$31,400,325$536,683,004
94$1,537,507,058$85,707,818$32,144,900$588,604,329
95$1,694,015,761$89,590,485$32,904,737$645,710,958
96$1,866,478,365$93,653,415$33,680,043$708,527,168
97$2,056,521,855$97,905,129$34,471,021$777,630,506
98$2,265,939,156$102,354,552$35,277,872$853,657,216
99$2,496,706,061$107,011,037$36,100,792$937,308,218
100$2,750,999,886$111,884,384$36,939,975$1,029,355,689