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%13.3%
1 years$743,212$736,591$730,133$723,828$717,673$707,825
2 years$367,927$361,074$354,433$347,994$341,749$331,845
3 years$242,848$235,966$229,342$222,963$216,820$207,167
4 years$180,321$173,460$166,902$160,633$154,638$145,311
5 years$142,814$135,995$129,523$123,381$117,553$108,579
6 years$117,818$111,050$104,674$98,669$93,016$84,406
7 years$99,971$93,260$86,984$81,121$75,647$67,403
8 years$86,591$79,941$73,770$68,051$62,756$54,879
9 years$76,191$69,603$63,538$57,964$52,850$45,334
10 years$67,875$61,351$55,394$49,966$45,031$37,872
11 years$61,076$54,618$48,768$43,485$38,728$31,919
12 years$55,414$49,022$43,280$38,142$33,561$27,094
13 years$50,626$44,301$38,668$33,674$29,266$23,132
14 years$46,527$40,269$34,743$29,892$25,654$19,844
15 years$42,977$36,786$31,369$26,658$22,588$17,092
16 years$39,873$33,751$28,440$23,870$19,963$14,770
17 years$37,138$31,083$25,879$21,447$17,701$12,801
18 years$34,710$28,722$23,625$19,328$15,739$11,121
19 years$32,539$26,619$21,627$17,464$14,028$9,681
20 years$30,588$24,736$19,848$15,817$12,530$8,443
21 years$28,825$23,041$18,257$14,355$11,213$7,374
22 years$27,225$21,508$16,826$13,052$10,051$6,449
23 years$25,766$20,116$15,536$11,887$9,022$5,647
24 years$24,430$18,847$14,368$10,841$8,110$4,949
25 years$23,203$17,687$13,308$9,901$7,297$4,341
26 years$22,073$16,623$12,342$9,053$6,573$3,811
27 years$21,028$15,644$11,461$8,286$5,926$3,348
28 years$20,059$14,741$10,654$7,592$5,347$2,942
29 years$19,159$13,907$9,915$6,962$4,829$2,588
30 years$18,320$13,133$9,235$6,390$4,363$2,276
31 years$17,537$12,416$8,610$5,868$3,944$2,004
32 years$16,804$11,748$8,033$5,393$3,568$1,764
33 years$16,118$11,125$7,501$4,959$3,229$1,553
34 years$15,473$10,544$7,008$4,563$2,924$1,368
35 years$14,866$10,001$6,552$4,201$2,648$1,206
36 years$14,294$9,492$6,129$3,869$2,399$1,063
37 years$13,754$9,016$5,737$3,564$2,175$937
38 years$13,244$8,568$5,372$3,285$1,971$826
39 years$12,762$8,147$5,033$3,029$1,788$728
40 years$12,304$7,752$4,718$2,794$1,622$642
41 years$11,870$7,379$4,424$2,578$1,471$566
42 years$11,458$7,027$4,150$2,379$1,335$499
43 years$11,066$6,696$3,894$2,196$1,211$440
44 years$10,693$6,382$3,655$2,028$1,100$389
45 years$10,338$6,086$3,432$1,873$998$343
46 years$9,999$5,806$3,223$1,730$906$302
47 years$9,675$5,541$3,028$1,598$823$267
48 years$9,366$5,289$2,846$1,477$747$235
49 years$9,070$5,051$2,675$1,365$679$208
50 years$8,787$4,825$2,515$1,262$617$183

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 $2,408 every year, while hoping to spend $38,254 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: 82/10/8 Blend
39$9,000,000$9,000,000$9,000,000$9,000,000
40$9,920,484$9,443,484$9,303,984$10,724,194
41$10,891,671$9,865,513$9,574,965$11,672,413
42$11,960,638$10,306,939$9,853,743$12,707,846
43$13,137,316$10,768,672$10,140,536$13,843,408
44$14,432,652$11,251,666$10,435,574$15,089,109
45$15,858,704$11,756,920$10,739,088$16,455,971
46$17,428,763$12,285,480$11,051,318$17,956,133
47$19,157,470$12,838,442$11,372,510$19,602,960
48$21,060,961$13,416,955$11,702,919$21,411,176
49$23,157,015$14,022,222$12,042,803$23,396,994
50$25,465,224$14,655,504$12,392,430$25,578,272
51$28,007,175$15,318,121$12,752,074$27,974,679
52$30,806,657$16,011,459$13,122,018$30,607,880
53$33,889,882$16,736,967$13,502,552$33,501,739
54$37,285,736$17,496,165$13,893,974$36,682,541
55$41,026,049$18,290,644$14,296,590$40,179,241
56$45,145,894$19,122,074$14,710,714$44,023,735
57$49,683,922$19,992,202$15,136,669$48,251,160
58$54,682,723$20,902,861$15,574,789$52,900,220
59$60,189,229$21,855,970$16,025,413$58,013,556
60$66,255,159$22,853,540$16,488,892$63,638,142
61$72,937,502$23,897,681$16,965,586$69,825,729
62$80,299,059$24,990,600$17,455,866$76,633,328
63$88,409,037$26,134,613$17,960,111$84,123,751
64$97,343,696$27,332,146$18,478,712$92,366,196
65$107,187,073$28,585,741$19,012,069$101,436,905
66$118,031,776$29,898,064$19,560,595$111,419,873
67$129,979,855$31,271,907$20,124,713$122,407,646
68$143,143,766$32,710,196$20,704,857$134,502,188
69$157,647,435$34,216,000$21,301,474$147,815,840
70$173,627,422$35,792,533$21,915,022$162,472,381
71$191,234,216$37,443,164$22,545,972$178,608,190
72$210,633,652$39,171,425$23,194,808$196,373,533
73$232,008,477$40,981,018$23,862,027$215,933,978
74$255,560,076$42,875,821$24,548,139$237,471,953
75$281,510,369$44,859,903$25,253,667$261,188,465
76$310,103,913$46,937,524$25,979,151$287,304,995
77$341,610,201$49,113,152$26,725,142$316,065,586
78$376,326,216$51,391,470$27,492,208$347,739,139
79$414,579,224$53,777,387$28,280,932$382,621,951
80$456,729,873$56,276,047$29,091,911$421,040,505
81$503,175,591$58,892,844$29,925,761$463,354,550
82$554,354,339$61,633,431$30,783,111$509,960,491
83$610,748,747$64,503,734$31,664,611$561,295,128
84$672,890,667$67,509,965$32,570,924$617,839,771
85$741,366,199$70,658,637$33,502,733$680,124,782
86$816,821,216$73,956,575$34,460,739$748,734,573
87$899,967,468$77,410,935$35,445,662$824,313,120
88$991,589,298$81,029,220$36,458,240$907,570,036
89$1,092,551,047$84,819,292$37,499,232$999,287,261
90$1,203,805,213$88,789,397$38,569,416$1,100,326,441
91$1,326,401,444$92,948,176$39,669,590$1,211,637,052
92$1,461,496,446$97,304,691$40,800,576$1,334,265,359
93$1,610,364,902$101,868,440$41,963,214$1,469,364,284
94$1,774,411,510$106,649,381$43,158,369$1,618,204,283
95$1,955,184,236$111,657,954$44,386,927$1,782,185,331
96$2,154,388,938$116,905,103$45,649,799$1,962,850,132
97$2,373,905,461$122,402,304$46,947,918$2,161,898,672
98$2,615,805,387$128,161,586$48,282,243$2,381,204,256
99$2,882,371,596$134,195,563$49,653,757$2,622,831,191
100$3,176,119,811$140,517,458$51,063,470$2,889,054,256