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

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 $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%11.4%
1 years$743,212$736,591$730,133$723,828$717,673$713,449
2 years$367,927$361,074$354,433$347,994$341,749$337,488
3 years$242,848$235,966$229,342$222,963$216,820$212,653
4 years$180,321$173,460$166,902$160,633$154,638$150,597
5 years$142,814$135,995$129,523$123,381$117,553$113,651
6 years$117,818$111,050$104,674$98,669$93,016$89,257
7 years$99,971$93,260$86,984$81,121$75,647$72,034
8 years$86,591$79,941$73,770$68,051$62,756$59,289
9 years$76,191$69,603$63,538$57,964$52,850$49,527
10 years$67,875$61,351$55,394$49,966$45,031$41,851
11 years$61,076$54,618$48,768$43,485$38,728$35,689
12 years$55,414$49,022$43,280$38,142$33,561$30,660
13 years$50,626$44,301$38,668$33,674$29,266$26,500
14 years$46,527$40,269$34,743$29,892$25,654$23,021
15 years$42,977$36,786$31,369$26,658$22,588$20,083
16 years$39,873$33,751$28,440$23,870$19,963$17,584
17 years$37,138$31,083$25,879$21,447$17,701$15,443
18 years$34,710$28,722$23,625$19,328$15,739$13,598
19 years$32,539$26,619$21,627$17,464$14,028$12,001
20 years$30,588$24,736$19,848$15,817$12,530$10,613
21 years$28,825$23,041$18,257$14,355$11,213$9,401
22 years$27,225$21,508$16,826$13,052$10,051$8,340
23 years$25,766$20,116$15,536$11,887$9,022$7,409
24 years$24,430$18,847$14,368$10,841$8,110$6,590
25 years$23,203$17,687$13,308$9,901$7,297$5,867
26 years$22,073$16,623$12,342$9,053$6,573$5,228
27 years$21,028$15,644$11,461$8,286$5,926$4,662
28 years$20,059$14,741$10,654$7,592$5,347$4,161
29 years$19,159$13,907$9,915$6,962$4,829$3,715
30 years$18,320$13,133$9,235$6,390$4,363$3,320
31 years$17,537$12,416$8,610$5,868$3,944$2,967
32 years$16,804$11,748$8,033$5,393$3,568$2,654
33 years$16,118$11,125$7,501$4,959$3,229$2,374
34 years$15,473$10,544$7,008$4,563$2,924$2,125
35 years$14,866$10,001$6,552$4,201$2,648$1,903
36 years$14,294$9,492$6,129$3,869$2,399$1,704
37 years$13,754$9,016$5,737$3,564$2,175$1,526
38 years$13,244$8,568$5,372$3,285$1,971$1,367
39 years$12,762$8,147$5,033$3,029$1,788$1,225
40 years$12,304$7,752$4,718$2,794$1,622$1,098
41 years$11,870$7,379$4,424$2,578$1,471$984
42 years$11,458$7,027$4,150$2,379$1,335$883
43 years$11,066$6,696$3,894$2,196$1,211$791
44 years$10,693$6,382$3,655$2,028$1,100$710
45 years$10,338$6,086$3,432$1,873$998$637
46 years$9,999$5,806$3,223$1,730$906$571
47 years$9,675$5,541$3,028$1,598$823$512
48 years$9,366$5,289$2,846$1,477$747$459
49 years$9,070$5,051$2,675$1,365$679$412
50 years$8,787$4,825$2,515$1,262$617$370

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 $3,769 every year, while hoping to spend $34,726 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: 20/50/30 Blend
39$9,000,000$9,000,000$9,000,000$9,000,000
40$9,921,888$9,444,888$9,305,388$10,025,549
41$10,896,972$9,870,739$9,580,170$10,551,257
42$11,970,351$10,316,293$9,862,994$11,109,277
43$13,152,014$10,782,479$10,154,091$11,704,550
44$14,452,969$11,270,269$10,453,702$12,340,089
45$15,885,343$11,780,684$10,762,073$13,019,178
46$17,462,503$12,314,792$11,079,457$13,745,400
47$19,199,173$12,873,712$11,406,114$14,522,671
48$21,111,582$13,458,617$11,742,312$15,355,263
49$23,217,610$14,070,736$12,088,326$16,247,850
50$25,536,962$14,711,358$12,444,440$17,205,536
51$28,091,349$15,381,831$12,810,946$18,233,906
52$30,904,696$16,083,570$13,188,142$19,339,067
53$34,003,368$16,818,058$13,576,338$20,527,703
54$37,416,415$17,586,847$13,975,849$21,807,130
55$41,175,852$18,391,565$14,387,002$23,185,358
56$45,316,954$19,233,917$14,810,133$24,671,161
57$49,878,596$20,115,691$15,245,584$26,274,151
58$54,903,613$21,038,761$15,693,712$28,004,861
59$60,439,210$22,005,089$16,154,880$29,874,840
60$66,537,404$23,016,733$16,629,463$31,896,745
61$73,255,516$24,075,849$17,117,847$34,084,462
62$80,656,712$25,184,698$17,620,427$36,453,221
63$88,810,596$26,345,649$18,137,612$39,019,732
64$97,793,875$27,561,183$18,669,819$41,802,331
65$107,691,072$28,833,903$19,217,480$44,821,148
66$118,595,334$30,166,537$19,781,038$48,098,280
67$130,609,303$31,561,942$20,360,948$51,657,989
68$143,846,090$33,023,116$20,957,679$55,526,922
69$158,430,341$34,553,198$21,571,710$59,734,347
70$174,499,412$36,155,481$22,203,539$64,312,418
71$192,204,667$37,833,414$22,853,672$69,296,464
72$211,712,907$39,590,616$23,522,634$74,725,305
73$233,207,943$41,430,876$24,210,962$80,641,611
74$256,892,333$43,358,169$24,919,209$87,092,280
75$282,989,292$45,376,660$25,647,944$94,128,871
76$311,744,801$47,490,716$26,397,750$101,808,069
77$343,429,924$49,704,916$27,169,229$110,192,204
78$378,343,376$52,024,056$27,962,998$119,349,821
79$416,814,333$54,453,168$28,779,691$129,356,306
80$459,205,546$56,997,524$29,619,961$140,294,578
81$505,916,761$59,662,652$30,484,480$152,255,848
82$557,388,496$62,454,347$31,373,935$165,340,459
83$614,106,198$65,378,685$32,289,036$179,658,811
84$676,604,823$68,442,033$33,230,512$195,332,374
85$745,473,891$71,651,069$34,199,110$212,494,813
86$821,363,048$75,012,792$35,195,601$231,293,219
87$904,988,201$78,534,540$36,220,775$251,889,473
88$997,138,272$82,224,007$37,275,446$274,461,741
89$1,098,682,650$86,089,258$38,360,448$299,206,125
90$1,210,579,397$90,138,749$39,476,640$326,338,485
91$1,333,884,293$94,381,345$40,624,905$356,096,438
92$1,469,760,801$98,826,341$41,806,149$388,741,567
93$1,619,491,052$103,483,481$43,021,304$424,561,854
94$1,784,487,951$108,362,983$44,271,329$463,874,360
95$1,966,308,510$113,475,558$45,557,208$507,028,175
96$2,166,668,555$118,832,437$46,879,951$554,407,669
97$2,387,458,916$124,445,395$48,240,598$606,436,082
98$2,630,763,285$130,326,778$49,640,217$663,579,466
99$2,898,877,881$136,489,531$51,079,905$726,351,037
100$3,194,333,133$142,947,227$52,560,790$795,315,971