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

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 $9,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$759,727$752,960$746,358$739,913$733,621$724,153
2 years$376,103$369,098$362,310$355,728$349,343$339,819
3 years$248,244$241,210$234,438$227,918$221,638$212,352
4 years$184,328$177,315$170,611$164,202$158,074$149,098
5 years$145,988$139,017$132,401$126,123$120,165$111,526
6 years$120,436$113,518$107,000$100,862$95,083$86,790
7 years$102,192$95,332$88,917$82,924$77,328$69,385
8 years$88,516$81,717$75,409$69,563$64,151$56,557
9 years$77,884$71,149$64,950$59,252$54,024$46,776
10 years$69,383$62,715$56,625$51,076$46,031$39,124
11 years$62,433$55,831$49,851$44,451$39,588$33,015
12 years$56,645$50,111$44,242$38,990$34,307$28,060
13 years$51,751$45,286$39,527$34,422$29,916$23,988
14 years$47,560$41,164$35,515$30,556$26,224$20,606
15 years$43,932$37,604$32,066$27,251$23,090$17,772
16 years$40,759$34,501$29,072$24,400$20,407$15,380
17 years$37,963$31,774$26,455$21,923$18,094$13,348
18 years$35,481$29,360$24,150$19,757$16,088$11,613
19 years$33,262$27,211$22,108$17,852$14,340$10,124
20 years$31,268$25,286$20,289$16,169$12,809$8,842
21 years$29,466$23,553$18,662$14,674$11,462$7,734
22 years$27,830$21,986$17,200$13,342$10,274$6,775
23 years$26,338$20,563$15,881$12,151$9,223$5,941
24 years$24,973$19,266$14,688$11,082$8,290$5,215
25 years$23,719$18,080$13,604$10,121$7,460$4,582
26 years$22,563$16,992$12,617$9,254$6,719$4,028
27 years$21,495$15,992$11,716$8,471$6,058$3,544
28 years$20,505$15,069$10,891$7,761$5,466$3,120
29 years$19,585$14,216$10,135$7,117$4,936$2,748
30 years$18,727$13,425$9,441$6,532$4,460$2,422
31 years$17,927$12,691$8,801$5,999$4,032$2,135
32 years$17,178$12,009$8,212$5,513$3,647$1,883
33 years$16,476$11,372$7,667$5,070$3,301$1,661
34 years$15,817$10,778$7,164$4,664$2,989$1,466
35 years$15,196$10,223$6,698$4,294$2,707$1,294
36 years$14,612$9,703$6,266$3,955$2,453$1,142
37 years$14,060$9,216$5,864$3,644$2,223$1,008
38 years$13,539$8,758$5,492$3,358$2,015$890
39 years$13,045$8,328$5,145$3,097$1,827$786
40 years$12,578$7,924$4,823$2,856$1,658$695
41 years$12,134$7,543$4,522$2,635$1,504$614
42 years$11,713$7,183$4,242$2,432$1,365$542
43 years$11,312$6,844$3,980$2,245$1,238$479
44 years$10,931$6,524$3,736$2,073$1,124$423
45 years$10,568$6,221$3,508$1,914$1,020$374
46 years$10,221$5,935$3,295$1,768$927$331
47 years$9,890$5,664$3,096$1,634$841$292
48 years$9,574$5,407$2,909$1,510$764$258
49 years$9,272$5,163$2,734$1,395$694$228
50 years$8,982$4,932$2,571$1,290$630$202

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 $4,945 every year, while hoping to spend $43,275 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: 78/10/12 Blend
39$9,200,000$9,200,000$9,200,000$9,200,000
40$10,143,501$9,655,901$9,513,301$10,911,240
41$11,132,094$10,082,996$9,785,952$11,844,136
42$12,220,072$10,529,568$10,066,287$12,861,060
43$13,417,529$10,996,526$10,354,517$13,975,209
44$14,735,583$11,484,822$10,650,859$15,196,266
45$16,186,487$11,995,452$10,955,537$16,534,897
46$17,783,741$12,529,462$11,268,780$18,002,844
47$19,542,221$13,087,944$11,590,823$19,613,038
48$21,478,319$13,672,045$11,921,907$21,379,718
49$23,610,097$14,282,964$12,262,280$23,318,567
50$25,957,458$14,921,960$12,612,197$25,446,856
51$28,542,332$15,590,349$12,971,919$27,783,607
52$31,388,885$16,289,512$13,341,714$30,349,769
53$34,523,746$17,020,894$13,721,856$33,168,419
54$37,976,260$17,786,008$14,112,630$36,264,971
55$41,778,759$18,586,443$14,514,323$39,667,423
56$45,966,873$19,423,860$14,927,235$43,406,612
57$50,579,866$20,300,001$15,351,669$47,516,506
58$55,661,002$21,216,691$15,787,939$52,034,525
59$61,257,957$22,175,841$16,236,367$57,001,889
60$67,423,266$23,179,455$16,697,283$62,464,009
61$74,214,822$24,229,631$17,171,025$68,470,907
62$81,696,420$25,328,569$17,657,941$75,077,694
63$89,938,359$26,478,573$18,158,386$82,345,081
64$99,018,106$27,682,058$18,672,726$90,339,957
65$109,021,028$28,941,554$19,201,337$99,136,009
66$120,041,194$30,259,711$19,744,604$108,814,424
67$132,182,268$31,639,309$20,302,920$119,464,647
68$145,558,483$33,083,259$20,876,692$131,185,223
69$160,295,721$34,594,612$21,466,334$144,084,728
70$176,532,702$36,176,564$22,072,272$158,282,788
71$194,422,288$37,832,467$22,694,945$173,911,205
72$214,132,935$39,565,832$23,334,799$191,115,199
73$235,850,275$41,380,337$23,992,295$210,054,775
74$259,778,870$43,279,841$24,667,904$230,906,232
75$286,144,146$45,268,384$25,362,110$253,863,819
76$315,194,516$47,350,203$26,075,408$279,141,570
77$347,203,730$49,529,736$26,808,308$306,975,317
78$382,473,454$51,811,637$27,561,330$337,624,914
79$421,336,121$54,200,781$28,335,008$371,376,685
80$464,158,066$56,702,281$29,129,892$408,546,122
81$511,342,988$59,321,492$29,946,543$449,480,860
82$563,335,758$62,064,029$30,785,537$494,563,953
83$620,626,617$64,935,778$31,647,464$544,217,484
84$683,755,808$67,942,908$32,532,930$598,906,547
85$753,318,672$71,091,882$33,442,555$659,143,629
86$829,971,272$74,389,480$34,376,976$725,493,444
87$914,436,581$77,842,803$35,336,844$798,578,260
88$1,007,511,311$81,459,299$36,322,826$879,083,761
89$1,110,073,432$85,246,772$37,335,609$967,765,521
90$1,223,090,463$89,213,405$38,375,893$1,065,456,124
91$1,347,628,602$93,367,773$39,444,396$1,173,073,022
92$1,484,862,792$97,718,867$40,541,857$1,291,627,185
93$1,636,087,816$102,276,111$41,669,028$1,422,232,637
94$1,802,730,517$107,049,384$42,826,684$1,566,116,970
95$1,986,363,268$112,049,042$44,015,616$1,724,632,917
96$2,188,718,818$117,285,942$45,236,636$1,899,271,120
97$2,411,706,649$122,771,465$46,490,575$2,091,674,191
98$2,657,431,002$128,517,541$47,778,284$2,303,652,210
99$2,928,210,742$134,536,679$49,100,635$2,537,199,801
100$3,226,601,252$140,841,991$50,458,521$2,794,514,955