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%11.2%
1 years$743,212$736,591$730,133$723,828$717,673$714,048
2 years$367,927$361,074$354,433$347,994$341,749$338,091
3 years$242,848$235,966$229,342$222,963$216,820$213,241
4 years$180,321$173,460$166,902$160,633$154,638$151,167
5 years$142,814$135,995$129,523$123,381$117,553$114,200
6 years$117,818$111,050$104,674$98,669$93,016$89,784
7 years$99,971$93,260$86,984$81,121$75,647$72,539
8 years$86,591$79,941$73,770$68,051$62,756$59,772
9 years$76,191$69,603$63,538$57,964$52,850$49,989
10 years$67,875$61,351$55,394$49,966$45,031$42,292
11 years$61,076$54,618$48,768$43,485$38,728$36,109
12 years$55,414$49,022$43,280$38,142$33,561$31,059
13 years$50,626$44,301$38,668$33,674$29,266$26,880
14 years$46,527$40,269$34,743$29,892$25,654$23,381
15 years$42,977$36,786$31,369$26,658$22,588$20,425
16 years$39,873$33,751$28,440$23,870$19,963$17,907
17 years$37,138$31,083$25,879$21,447$17,701$15,748
18 years$34,710$28,722$23,625$19,328$15,739$13,887
19 years$32,539$26,619$21,627$17,464$14,028$12,273
20 years$30,588$24,736$19,848$15,817$12,530$10,869
21 years$28,825$23,041$18,257$14,355$11,213$9,642
22 years$27,225$21,508$16,826$13,052$10,051$8,567
23 years$25,766$20,116$15,536$11,887$9,022$7,622
24 years$24,430$18,847$14,368$10,841$8,110$6,789
25 years$23,203$17,687$13,308$9,901$7,297$6,054
26 years$22,073$16,623$12,342$9,053$6,573$5,403
27 years$21,028$15,644$11,461$8,286$5,926$4,826
28 years$20,059$14,741$10,654$7,592$5,347$4,313
29 years$19,159$13,907$9,915$6,962$4,829$3,858
30 years$18,320$13,133$9,235$6,390$4,363$3,453
31 years$17,537$12,416$8,610$5,868$3,944$3,091
32 years$16,804$11,748$8,033$5,393$3,568$2,769
33 years$16,118$11,125$7,501$4,959$3,229$2,482
34 years$15,473$10,544$7,008$4,563$2,924$2,225
35 years$14,866$10,001$6,552$4,201$2,648$1,995
36 years$14,294$9,492$6,129$3,869$2,399$1,790
37 years$13,754$9,016$5,737$3,564$2,175$1,606
38 years$13,244$8,568$5,372$3,285$1,971$1,441
39 years$12,762$8,147$5,033$3,029$1,788$1,294
40 years$12,304$7,752$4,718$2,794$1,622$1,161
41 years$11,870$7,379$4,424$2,578$1,471$1,043
42 years$11,458$7,027$4,150$2,379$1,335$937
43 years$11,066$6,696$3,894$2,196$1,211$841
44 years$10,693$6,382$3,655$2,028$1,100$756
45 years$10,338$6,086$3,432$1,873$998$679
46 years$9,999$5,806$3,223$1,730$906$610
47 years$9,675$5,541$3,028$1,598$823$548
48 years$9,366$5,289$2,846$1,477$747$493
49 years$9,070$5,051$2,675$1,365$679$443
50 years$8,787$4,825$2,515$1,262$617$398

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 $3,251 every year, while hoping to spend $58,104 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: 39/38/23 Blend
39$9,000,000$9,000,000$9,000,000$9,000,000
40$9,921,353$9,444,353$9,304,853$10,240,296
41$10,871,509$9,845,305$9,554,744$10,872,190
42$11,916,634$10,263,955$9,811,058$11,549,302
43$13,066,352$10,701,110$10,073,950$12,280,310
44$14,331,269$11,157,614$10,343,577$13,070,146
45$15,723,071$11,634,350$10,620,099$13,924,223
46$17,254,632$12,132,241$10,903,680$14,848,481
47$18,940,138$12,652,254$11,194,487$15,849,442
48$20,795,220$13,195,403$11,492,691$16,934,269
49$22,837,101$13,762,746$11,798,464$18,110,827
50$25,084,758$14,355,393$12,111,985$19,387,756
51$27,559,102$14,974,505$12,433,435$20,774,551
52$30,283,173$15,621,299$12,762,998$22,281,641
53$33,282,360$16,297,046$13,100,862$23,920,491
54$36,584,639$17,003,079$13,447,219$25,703,701
55$40,220,836$17,740,794$13,802,264$27,645,122
56$44,224,919$18,511,650$14,166,198$29,759,983
57$48,634,317$19,317,178$14,539,222$32,065,028
58$53,490,275$20,158,977$14,921,544$34,578,671
59$58,838,241$21,038,725$15,313,374$37,321,164
60$64,728,297$21,958,178$15,714,927$40,314,780
61$71,215,628$22,919,174$16,126,422$43,584,024
62$78,361,046$23,923,637$16,548,080$47,155,850
63$86,231,561$24,973,583$16,980,129$51,059,917
64$94,901,016$26,071,124$17,422,799$55,328,857
65$104,450,781$27,218,471$17,876,325$59,998,578
66$114,970,522$28,417,938$18,340,943$65,108,597
67$126,559,049$29,671,951$18,816,899$70,702,405
68$139,325,244$30,983,048$19,304,437$76,827,869
69$153,389,092$32,353,890$19,803,808$83,537,675
70$168,882,811$33,787,263$20,315,268$90,889,820
71$185,952,103$35,286,084$20,839,074$98,948,148
72$204,757,525$36,853,409$21,375,490$107,782,944
73$225,476,006$38,492,440$21,924,783$117,471,590
74$248,302,519$40,206,529$22,487,223$128,099,281
75$273,451,917$41,999,190$23,063,086$139,759,824
76$301,160,963$43,874,101$23,652,650$152,556,507
77$331,690,566$45,835,117$24,256,199$166,603,067
78$365,328,241$47,886,275$24,874,019$182,024,752
79$402,390,824$50,031,805$25,506,401$198,959,485
80$443,227,461$52,276,137$26,153,639$217,559,162
81$488,222,909$54,623,914$26,816,032$237,991,061
82$537,801,158$57,079,999$27,493,882$260,439,420
83$592,429,444$59,649,486$28,187,495$285,107,148
84$652,622,651$62,337,715$28,897,179$312,217,735
85$718,948,175$65,150,276$29,623,249$342,017,341
86$792,031,280$68,093,031$30,366,019$374,777,103
87$872,560,999$71,172,118$31,125,809$410,795,677
88$961,296,639$74,393,970$31,902,941$450,402,039
89$1,059,074,949$77,765,327$32,697,742$493,958,572
90$1,166,818,017$81,293,251$33,510,540$541,864,465
91$1,285,541,976$84,985,142$34,341,665$594,559,461
92$1,416,366,598$88,848,754$35,191,450$652,527,986
93$1,560,525,860$92,892,212$36,060,234$716,303,697
94$1,719,379,598$97,124,031$36,948,352$786,474,500
95$1,894,426,341$101,553,132$37,856,145$863,688,070
96$2,087,317,457$106,188,865$38,783,955$948,657,942
97$2,299,872,745$111,041,027$39,732,125$1,042,170,216
98$2,534,097,613$116,119,885$40,700,999$1,145,090,952
99$2,792,202,010$121,436,200$41,690,923$1,258,374,313
100$3,076,621,288$127,001,247$42,702,242$1,383,071,543