Can I retire at age 40 with 9,000,000?

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 $9,000,000?

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$743,212$736,591$730,133$723,828$717,673$701,749
2 years$367,927$361,074$354,433$347,994$341,749$325,789
3 years$242,848$235,966$229,342$222,963$216,820$201,321
4 years$180,321$173,460$166,902$160,633$154,638$139,721
5 years$142,814$135,995$129,523$123,381$117,553$103,259
6 years$117,818$111,050$104,674$98,669$93,016$79,360
7 years$99,971$93,260$86,984$81,121$75,647$62,632
8 years$86,591$79,941$73,770$68,051$62,756$50,378
9 years$76,191$69,603$63,538$57,964$52,850$41,098
10 years$67,875$61,351$55,394$49,966$45,031$33,894
11 years$61,076$54,618$48,768$43,485$38,728$28,191
12 years$55,414$49,022$43,280$38,142$33,561$23,607
13 years$50,626$44,301$38,668$33,674$29,266$19,877
14 years$46,527$40,269$34,743$29,892$25,654$16,812
15 years$42,977$36,786$31,369$26,658$22,588$14,272
16 years$39,873$33,751$28,440$23,870$19,963$12,153
17 years$37,138$31,083$25,879$21,447$17,701$10,376
18 years$34,710$28,722$23,625$19,328$15,739$8,877
19 years$32,539$26,619$21,627$17,464$14,028$7,609
20 years$30,588$24,736$19,848$15,817$12,530$6,532
21 years$28,825$23,041$18,257$14,355$11,213$5,615
22 years$27,225$21,508$16,826$13,052$10,051$4,833
23 years$25,766$20,116$15,536$11,887$9,022$4,163
24 years$24,430$18,847$14,368$10,841$8,110$3,589
25 years$23,203$17,687$13,308$9,901$7,297$3,096
26 years$22,073$16,623$12,342$9,053$6,573$2,673
27 years$21,028$15,644$11,461$8,286$5,926$2,308
28 years$20,059$14,741$10,654$7,592$5,347$1,995
29 years$19,159$13,907$9,915$6,962$4,829$1,724
30 years$18,320$13,133$9,235$6,390$4,363$1,491
31 years$17,537$12,416$8,610$5,868$3,944$1,290
32 years$16,804$11,748$8,033$5,393$3,568$1,116
33 years$16,118$11,125$7,501$4,959$3,229$966
34 years$15,473$10,544$7,008$4,563$2,924$836
35 years$14,866$10,001$6,552$4,201$2,648$723
36 years$14,294$9,492$6,129$3,869$2,399$626
37 years$13,754$9,016$5,737$3,564$2,175$542
38 years$13,244$8,568$5,372$3,285$1,971$470
39 years$12,762$8,147$5,033$3,029$1,788$407
40 years$12,304$7,752$4,718$2,794$1,622$352
41 years$11,870$7,379$4,424$2,578$1,471$305
42 years$11,458$7,027$4,150$2,379$1,335$264
43 years$11,066$6,696$3,894$2,196$1,211$229
44 years$10,693$6,382$3,655$2,028$1,100$198
45 years$10,338$6,086$3,432$1,873$998$172
46 years$9,999$5,806$3,223$1,730$906$149
47 years$9,675$5,541$3,028$1,598$823$129
48 years$9,366$5,289$2,846$1,477$747$112
49 years$9,070$5,051$2,675$1,365$679$97
50 years$8,787$4,825$2,515$1,262$617$84

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $9,000,000, adding $4,868 every year, while hoping to spend $54,490 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: 62/15/23 Blend
39$9,000,000$9,000,000$9,000,000$9,000,000
40$9,923,021$9,446,021$9,306,521$10,477,950
41$10,877,193$9,850,899$9,560,313$11,258,846
42$11,926,863$10,273,790$9,820,780$12,104,622
43$13,081,716$10,715,519$10,088,089$13,026,858
44$14,352,421$11,176,949$10,362,410$14,033,020
45$15,750,733$11,658,985$10,643,916$15,131,323
46$17,289,606$12,162,574$10,932,786$16,330,810
47$18,983,311$12,688,705$11,229,199$17,641,430
48$20,847,575$13,238,417$11,533,343$19,074,135
49$22,899,724$13,812,796$11,845,407$20,640,981
50$25,158,852$14,412,979$12,165,584$22,355,237
51$27,645,996$15,040,157$12,494,072$24,231,512
52$30,384,339$15,695,576$12,831,075$26,285,890
53$33,399,424$16,380,542$13,176,799$28,536,078
54$36,719,398$17,096,421$13,531,454$31,001,571
55$40,375,277$17,844,645$13,895,258$33,703,839
56$44,401,236$18,626,713$14,268,429$36,666,519
57$48,834,934$19,444,195$14,651,194$39,915,642
58$53,717,870$20,298,733$15,043,782$43,479,876
59$59,095,771$21,192,049$15,446,427$47,390,790
60$65,019,027$22,125,947$15,859,369$51,683,152
61$71,543,162$23,102,313$16,282,853$56,395,255
62$78,729,364$24,123,125$16,717,127$61,569,275
63$86,645,055$25,190,454$17,162,447$67,251,665
64$95,364,533$26,306,470$17,619,072$73,493,592
65$104,969,671$27,473,442$18,087,267$80,351,414
66$115,550,689$28,693,753$18,567,302$87,887,212
67$127,207,006$29,969,892$19,059,452$96,169,371
68$140,048,176$31,304,473$19,563,999$105,273,222
69$154,194,926$32,700,228$20,081,230$115,281,749
70$169,780,293$34,160,024$20,611,435$126,286,367
71$186,950,878$35,686,860$21,154,913$138,387,783
72$205,868,232$37,283,880$21,711,967$151,696,945
73$226,710,379$38,954,378$22,282,906$166,336,075
74$249,673,498$40,701,803$22,868,044$182,439,830
75$274,973,774$42,529,770$23,467,702$200,156,561
76$302,849,435$44,442,065$24,082,206$219,649,708
77$333,563,006$46,442,656$24,711,889$241,099,344
78$367,403,784$48,535,697$25,357,089$264,703,861
79$404,690,568$50,725,544$26,018,149$290,681,843
80$445,774,669$53,016,759$26,695,420$319,274,122
81$491,043,227$55,414,121$27,389,258$350,746,045
82$540,922,863$57,922,640$28,100,025$385,389,970
83$595,883,708$60,547,563$28,828,090$423,528,024
84$656,443,842$63,294,389$29,573,826$465,515,134
85$723,174,179$66,168,879$30,337,614$511,742,369
86$796,703,861$69,177,071$31,119,841$562,640,628
87$877,726,198$72,325,290$31,920,898$618,684,694
88$967,005,207$75,620,166$32,741,185$680,397,715
89$1,065,382,830$79,068,646$33,581,106$748,356,128
90$1,173,786,878$82,678,008$34,441,072$823,195,094
91$1,293,239,790$86,455,882$35,321,500$905,614,486
92$1,424,868,290$90,410,261$36,222,811$996,385,484
93$1,569,914,015$94,549,523$37,145,434$1,096,357,846
94$1,729,745,242$98,882,448$38,089,804$1,206,467,918
95$1,905,869,804$103,418,235$39,056,360$1,327,747,465
96$2,099,949,324$108,166,529$40,045,548$1,461,333,398
97$2,313,814,900$113,137,434$41,057,819$1,608,478,495
98$2,549,484,394$118,341,541$42,093,629$1,770,563,216
99$2,809,181,477$123,789,952$43,153,441$1,949,108,719
100$3,095,356,628$129,494,300$44,237,722$2,145,791,211