Can I retire at age 40 with 9,100,000?

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 $9,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$751,469$744,776$738,245$731,871$725,647$700,179
2 years$372,015$365,086$358,371$351,861$345,546$320,155
3 years$245,546$238,588$231,890$225,441$219,229$194,712
4 years$182,324$175,387$168,757$162,417$156,356$132,901
5 years$144,401$137,506$130,962$124,752$118,859$96,528
6 years$119,127$112,284$105,837$99,765$94,049$72,859
7 years$101,082$94,296$87,951$82,023$76,487$56,434
8 years$87,554$80,829$74,589$68,807$63,453$44,520
9 years$77,037$70,376$64,244$58,608$53,437$35,599
10 years$68,629$62,033$56,009$50,521$45,531$28,759
11 years$61,754$55,224$49,310$43,968$39,158$23,418
12 years$56,029$49,566$43,761$38,566$33,934$19,188
13 years$51,189$44,794$39,098$34,048$29,591$15,801
14 years$47,043$40,716$35,129$30,224$25,939$13,063
15 years$43,454$37,195$31,717$26,954$22,839$10,835
16 years$40,316$34,126$28,756$24,135$20,185$9,010
17 years$37,551$31,428$26,167$21,685$17,897$7,509
18 years$35,095$29,041$23,887$19,542$15,914$6,270
19 years$32,901$26,915$21,867$17,658$14,184$5,242
20 years$30,928$25,011$20,069$15,993$12,670$4,389
21 years$29,146$23,297$18,459$14,515$11,338$3,678
22 years$27,527$21,747$17,013$13,197$10,163$3,085
23 years$26,052$20,339$15,709$12,019$9,123$2,589
24 years$24,702$19,056$14,528$10,962$8,200$2,175
25 years$23,461$17,884$13,456$10,011$7,378$1,827
26 years$22,318$16,808$12,480$9,154$6,646$1,536
27 years$21,261$15,818$11,588$8,379$5,992$1,292
28 years$20,282$14,905$10,773$7,677$5,407$1,086
29 years$19,372$14,061$10,025$7,040$4,882$914
30 years$18,524$13,279$9,338$6,461$4,411$769
31 years$17,732$12,553$8,706$5,933$3,988$647
32 years$16,991$11,878$8,122$5,453$3,608$545
33 years$16,297$11,249$7,584$5,015$3,265$459
34 years$15,645$10,661$7,086$4,614$2,956$386
35 years$15,031$10,112$6,625$4,247$2,677$325
36 years$14,453$9,598$6,197$3,912$2,426$274
37 years$13,907$9,116$5,801$3,604$2,199$231
38 years$13,392$8,663$5,432$3,322$1,993$194
39 years$12,904$8,238$5,089$3,063$1,808$164
40 years$12,441$7,838$4,770$2,825$1,640$138
41 years$12,002$7,461$4,473$2,607$1,487$116
42 years$11,586$7,105$4,196$2,406$1,350$98
43 years$11,189$6,770$3,937$2,221$1,225$82
44 years$10,812$6,453$3,696$2,050$1,112$69
45 years$10,453$6,154$3,470$1,894$1,009$58
46 years$10,110$5,870$3,259$1,749$916$49
47 years$9,783$5,602$3,062$1,616$832$41
48 years$9,470$5,348$2,877$1,493$756$35
49 years$9,171$5,107$2,705$1,380$686$29
50 years$8,885$4,878$2,543$1,276$623$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $9,100,000, adding $5,584 every year, while hoping to spend $29,740 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: 52/41/7 Blend
39$9,100,000$9,100,000$9,100,000$9,100,000
40$10,033,960$9,551,660$9,410,610$10,538,310
41$11,025,781$9,988,048$9,694,222$11,317,690
42$12,117,770$10,444,823$9,986,339$12,161,106
43$13,320,115$10,922,951$10,287,213$13,077,580
44$14,644,038$11,423,447$10,597,106$14,073,999
45$16,101,907$11,947,373$10,916,287$15,157,925
46$17,707,351$12,495,844$11,245,031$16,337,668
47$19,475,386$13,070,025$11,583,625$17,622,356
48$21,422,560$13,671,141$11,932,361$19,022,019
49$23,567,107$14,300,473$12,291,541$20,547,678
50$25,929,120$14,959,364$12,661,476$22,211,448
51$28,530,742$15,649,224$13,042,487$24,026,646
52$31,396,369$16,371,528$13,434,902$26,007,913
53$34,552,888$17,127,822$13,839,060$28,171,344
54$38,029,926$17,919,729$14,255,312$30,534,640
55$41,860,131$18,748,948$14,684,017$33,117,266
56$46,079,477$19,617,259$15,125,545$35,940,631
57$50,727,610$20,526,531$15,580,276$39,028,283
58$55,848,215$21,478,719$16,048,604$42,406,126
59$61,489,432$22,475,877$16,530,933$46,102,658
60$67,704,312$23,520,153$17,027,677$50,149,234
61$74,551,313$24,613,801$17,539,265$54,580,353
62$82,094,855$25,759,185$18,066,138$59,433,979
63$90,405,926$26,958,781$18,608,750$64,751,889
64$99,562,755$28,215,185$19,167,567$70,580,062
65$109,651,545$29,531,119$19,743,070$76,969,100
66$120,767,295$30,909,436$20,335,755$83,974,706
67$133,014,686$32,353,125$20,946,130$91,658,188
68$146,509,079$33,865,323$21,574,720$100,087,040
69$161,377,596$35,449,316$22,222,065$109,335,561
70$177,760,328$37,108,549$22,888,720$119,485,549
71$195,811,648$38,846,634$23,575,259$130,627,063
72$215,701,675$40,667,358$24,282,269$142,859,259
73$237,617,878$42,574,691$25,010,357$156,291,315
74$261,766,844$44,572,794$25,760,147$171,043,449
75$288,376,231$46,666,030$26,532,281$187,248,042
76$317,696,915$48,858,973$27,327,421$205,050,870
77$350,005,357$51,156,419$28,146,246$224,612,469
78$385,606,216$53,563,396$28,989,457$246,109,633
79$424,835,222$56,085,175$29,857,777$269,737,070
80$468,062,348$58,727,282$30,751,945$295,709,219
81$515,695,300$61,495,511$31,672,728$324,262,260
82$568,183,366$64,395,937$32,620,910$355,656,322
83$626,021,660$67,434,928$33,597,301$390,177,923
84$689,755,793$70,619,164$34,602,734$428,142,653
85$759,987,026$73,955,644$35,638,068$469,898,133
86$837,377,942$77,451,711$36,704,183$515,827,269
87$922,658,708$81,115,060$37,801,989$566,351,854
88$1,016,633,961$84,953,763$38,932,420$621,936,514
89$1,120,190,407$88,976,279$40,096,438$683,093,079
90$1,234,305,194$93,191,482$41,295,034$750,385,379
91$1,360,055,133$97,608,675$42,529,227$824,434,546
92$1,498,626,867$102,237,610$43,800,067$905,924,844
93$1,651,328,070$107,088,515$45,108,631$995,610,101
94$1,819,599,796$112,172,115$46,456,033$1,094,320,791
95$2,005,030,079$117,499,653$47,843,414$1,202,971,841
96$2,209,368,932$123,082,920$49,271,953$1,322,571,234
97$2,434,544,859$128,934,280$50,742,860$1,454,229,486
98$2,682,683,071$135,066,695$52,257,382$1,599,170,093
99$2,956,125,541$141,493,760$53,816,801$1,758,741,039
100$3,257,453,120$148,229,729$55,422,438$1,934,427,482