Can I retire at age 40 with 9,200,000?

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 $9,200,000?

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$759,727$752,960$746,358$739,913$733,621$717,343
2 years$376,103$369,098$362,310$355,728$349,343$333,028
3 years$248,244$241,210$234,438$227,918$221,638$205,795
4 years$184,328$177,315$170,611$164,202$158,074$142,825
5 years$145,988$139,017$132,401$126,123$120,165$105,554
6 years$120,436$113,518$107,000$100,862$95,083$81,124
7 years$102,192$95,332$88,917$82,924$77,328$64,024
8 years$88,516$81,717$75,409$69,563$64,151$51,497
9 years$77,884$71,149$64,950$59,252$54,024$42,011
10 years$69,383$62,715$56,625$51,076$46,031$34,647
11 years$62,433$55,831$49,851$44,451$39,588$28,817
12 years$56,645$50,111$44,242$38,990$34,307$24,131
13 years$51,751$45,286$39,527$34,422$29,916$20,319
14 years$47,560$41,164$35,515$30,556$26,224$17,185
15 years$43,932$37,604$32,066$27,251$23,090$14,589
16 years$40,759$34,501$29,072$24,400$20,407$12,423
17 years$37,963$31,774$26,455$21,923$18,094$10,606
18 years$35,481$29,360$24,150$19,757$16,088$9,075
19 years$33,262$27,211$22,108$17,852$14,340$7,778
20 years$31,268$25,286$20,289$16,169$12,809$6,678
21 years$29,466$23,553$18,662$14,674$11,462$5,740
22 years$27,830$21,986$17,200$13,342$10,274$4,940
23 years$26,338$20,563$15,881$12,151$9,223$4,255
24 years$24,973$19,266$14,688$11,082$8,290$3,669
25 years$23,719$18,080$13,604$10,121$7,460$3,165
26 years$22,563$16,992$12,617$9,254$6,719$2,732
27 years$21,495$15,992$11,716$8,471$6,058$2,360
28 years$20,505$15,069$10,891$7,761$5,466$2,039
29 years$19,585$14,216$10,135$7,117$4,936$1,763
30 years$18,727$13,425$9,441$6,532$4,460$1,524
31 years$17,927$12,691$8,801$5,999$4,032$1,318
32 years$17,178$12,009$8,212$5,513$3,647$1,141
33 years$16,476$11,372$7,667$5,070$3,301$987
34 years$15,817$10,778$7,164$4,664$2,989$854
35 years$15,196$10,223$6,698$4,294$2,707$740
36 years$14,612$9,703$6,266$3,955$2,453$640
37 years$14,060$9,216$5,864$3,644$2,223$554
38 years$13,539$8,758$5,492$3,358$2,015$480
39 years$13,045$8,328$5,145$3,097$1,827$416
40 years$12,578$7,924$4,823$2,856$1,658$360
41 years$12,134$7,543$4,522$2,635$1,504$312
42 years$11,713$7,183$4,242$2,432$1,365$270
43 years$11,312$6,844$3,980$2,245$1,238$234
44 years$10,931$6,524$3,736$2,073$1,124$203
45 years$10,568$6,221$3,508$1,914$1,020$176
46 years$10,221$5,935$3,295$1,768$927$152
47 years$9,890$5,664$3,096$1,634$841$132
48 years$9,574$5,407$2,909$1,510$764$114
49 years$9,272$5,163$2,734$1,395$694$99
50 years$8,982$4,932$2,571$1,290$630$86

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $9,200,000, adding $4,518 every year, while hoping to spend $56,262 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: 80/9/11 Blend
39$9,200,000$9,200,000$9,200,000$9,200,000
40$10,143,060$9,655,460$9,512,860$10,934,746
41$11,117,790$10,068,716$9,771,679$11,868,294
42$12,190,057$10,500,335$10,037,282$12,884,718
43$13,369,749$10,951,158$10,309,838$13,998,457
44$14,667,765$11,422,065$10,589,518$15,219,221
45$16,096,108$11,913,978$10,876,498$16,557,700
46$17,668,007$12,427,859$11,170,957$18,025,669
47$19,398,038$12,964,718$11,473,079$19,636,094
48$21,302,261$13,525,613$11,783,050$21,403,254
49$23,398,372$14,111,648$12,101,062$23,342,876
50$25,705,869$14,723,982$12,427,311$25,472,282
51$28,246,239$15,363,828$12,761,997$27,810,552
52$31,043,154$16,032,455$13,105,323$30,378,700
53$34,122,703$16,731,192$13,457,499$33,199,873
54$37,513,630$17,461,432$13,818,736$36,299,569
55$41,247,610$18,224,631$14,189,253$39,705,874
56$45,359,544$19,022,316$14,569,271$43,449,728
57$49,887,893$19,856,085$14,959,017$47,565,215
58$54,875,036$20,727,612$15,358,723$52,089,879
59$60,367,674$21,638,649$15,768,623$57,065,086
60$66,417,265$22,591,031$16,188,960$62,536,401
61$73,080,515$23,586,680$16,619,980$68,554,027
62$80,419,910$24,627,610$17,061,932$75,173,269
63$88,504,306$25,715,929$17,515,072$82,455,061
64$97,409,581$26,853,844$17,979,662$90,466,534
65$107,219,345$28,043,670$18,455,968$99,281,647
66$118,025,736$29,287,827$18,944,261$108,981,890
67$129,930,284$30,588,854$19,444,817$119,657,042
68$143,044,873$31,949,408$19,957,918$131,406,024
69$157,492,794$33,372,272$20,483,851$144,337,825
70$173,409,908$34,860,363$21,022,910$158,572,530
71$190,945,933$36,416,735$21,575,392$174,242,451
72$210,265,851$38,044,588$22,141,601$191,493,375
73$231,551,470$39,747,274$22,721,845$210,485,934
74$255,003,134$41,528,305$23,316,441$231,397,121
75$280,841,620$43,391,359$23,925,709$254,421,957
76$309,310,219$45,340,289$24,549,974$279,775,328
77$340,677,032$47,379,134$25,189,569$307,694,010
78$375,237,501$49,512,123$25,844,831$338,438,905
79$413,317,197$51,743,688$26,516,103$372,297,494
80$455,274,894$54,078,472$27,203,736$409,586,550
81$501,505,956$56,521,339$27,908,084$450,655,126
82$552,446,066$59,077,388$28,629,508$495,887,843
83$608,575,342$61,751,958$29,368,374$545,708,521
84$670,422,868$64,550,644$30,125,055$600,584,169
85$738,571,686$67,479,311$30,899,929$661,029,395
86$813,664,302$70,544,101$31,693,381$727,611,258
87$896,408,751$73,751,453$32,505,800$800,954,614
88$987,585,282$77,108,112$33,337,582$881,748,010
89$1,088,053,717$80,621,146$34,189,128$970,750,183
90$1,198,761,578$84,297,963$35,060,845$1,068,797,212
91$1,320,753,021$88,146,326$35,953,145$1,176,810,406
92$1,455,178,700$92,174,367$36,866,447$1,295,804,999
93$1,603,306,629$96,390,613$37,801,175$1,426,899,724
94$1,766,534,147$100,803,994$38,757,756$1,571,327,368
95$1,946,401,114$105,423,874$39,736,625$1,730,446,407
96$2,144,604,447$110,260,064$40,738,221$1,905,753,820
97$2,363,014,139$115,322,845$41,762,990$2,098,899,213
98$2,603,690,910$120,622,993$42,811,379$2,311,700,388
99$2,868,905,665$126,171,803$43,883,843$2,546,160,493
100$3,161,160,932$131,981,110$44,980,840$2,804,486,927