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%17.7%
1 years$759,727$752,960$746,358$739,913$733,621$710,706
2 years$376,103$369,098$362,310$355,728$349,343$326,461
3 years$248,244$241,210$234,438$227,918$221,638$199,506
4 years$184,328$177,315$170,611$164,202$158,074$136,862
5 years$145,988$139,017$132,401$126,123$120,165$99,931
6 years$120,436$113,518$107,000$100,862$95,083$75,842
7 years$102,192$95,332$88,917$82,924$77,328$59,081
8 years$88,516$81,717$75,409$69,563$64,151$46,884
9 years$77,884$71,149$64,950$59,252$54,024$37,720
10 years$69,383$62,715$56,625$51,076$46,031$30,665
11 years$62,433$55,831$49,851$44,451$39,588$25,132
12 years$56,645$50,111$44,242$38,990$34,307$20,730
13 years$51,751$45,286$39,527$34,422$29,916$17,186
14 years$47,560$41,164$35,515$30,556$26,224$14,308
15 years$43,932$37,604$32,066$27,251$23,090$11,952
16 years$40,759$34,501$29,072$24,400$20,407$10,011
17 years$37,963$31,774$26,455$21,923$18,094$8,405
18 years$35,481$29,360$24,150$19,757$16,088$7,070
19 years$33,262$27,211$22,108$17,852$14,340$5,957
20 years$31,268$25,286$20,289$16,169$12,809$5,025
21 years$29,466$23,553$18,662$14,674$11,462$4,244
22 years$27,830$21,986$17,200$13,342$10,274$3,588
23 years$26,338$20,563$15,881$12,151$9,223$3,035
24 years$24,973$19,266$14,688$11,082$8,290$2,569
25 years$23,719$18,080$13,604$10,121$7,460$2,176
26 years$22,563$16,992$12,617$9,254$6,719$1,844
27 years$21,495$15,992$11,716$8,471$6,058$1,563
28 years$20,505$15,069$10,891$7,761$5,466$1,326
29 years$19,585$14,216$10,135$7,117$4,936$1,125
30 years$18,727$13,425$9,441$6,532$4,460$954
31 years$17,927$12,691$8,801$5,999$4,032$810
32 years$17,178$12,009$8,212$5,513$3,647$687
33 years$16,476$11,372$7,667$5,070$3,301$584
34 years$15,817$10,778$7,164$4,664$2,989$495
35 years$15,196$10,223$6,698$4,294$2,707$421
36 years$14,612$9,703$6,266$3,955$2,453$357
37 years$14,060$9,216$5,864$3,644$2,223$303
38 years$13,539$8,758$5,492$3,358$2,015$258
39 years$13,045$8,328$5,145$3,097$1,827$219
40 years$12,578$7,924$4,823$2,856$1,658$186
41 years$12,134$7,543$4,522$2,635$1,504$158
42 years$11,713$7,183$4,242$2,432$1,365$134
43 years$11,312$6,844$3,980$2,245$1,238$114
44 years$10,931$6,524$3,736$2,073$1,124$97
45 years$10,568$6,221$3,508$1,914$1,020$82
46 years$10,221$5,935$3,295$1,768$927$70
47 years$9,890$5,664$3,096$1,634$841$59
48 years$9,574$5,407$2,909$1,510$764$50
49 years$9,272$5,163$2,734$1,395$694$43
50 years$8,982$4,932$2,571$1,290$630$36

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 $4,954 every year, while hoping to spend $56,934 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: 64/7/29 Blend
39$9,200,000$9,200,000$9,200,000$9,200,000
40$10,143,510$9,655,910$9,513,310$10,713,929
41$11,117,571$10,068,472$9,771,429$11,513,723
42$12,189,077$10,499,342$10,036,286$12,380,605
43$13,367,910$10,949,356$10,308,048$13,326,662
44$14,664,952$11,419,390$10,586,883$14,359,685
45$16,092,199$11,910,362$10,872,965$15,488,253
46$17,662,865$12,423,231$11,166,471$16,721,810
47$19,391,510$12,959,003$11,467,581$18,070,752
48$21,294,179$13,518,728$11,776,480$19,546,529
49$23,388,549$14,103,510$12,093,356$21,161,745
50$25,694,099$14,714,500$12,418,401$22,930,282
51$28,232,293$15,352,907$12,751,814$24,867,424
52$31,026,781$16,019,993$13,093,793$26,990,004
53$34,103,622$16,717,082$13,444,545$29,316,562
54$37,491,532$17,445,560$13,804,278$31,867,515
55$41,222,154$18,206,878$14,173,207$34,665,349
56$45,330,354$19,002,555$14,551,549$37,734,832
57$49,854,551$19,834,181$14,939,527$41,103,245
58$54,837,082$20,703,423$15,337,368$44,800,638
59$60,324,598$21,612,025$15,745,304$48,860,110
60$66,368,507$22,561,813$16,163,571$53,318,123
61$73,025,454$23,554,701$16,592,410$58,214,842
62$80,357,861$24,592,693$17,032,067$63,594,512
63$88,434,514$25,677,886$17,482,793$69,505,876
64$97,331,211$26,812,479$17,944,842$76,002,630
65$107,131,476$27,998,772$18,418,477$83,143,932
66$117,927,352$29,239,177$18,903,961$90,994,952
67$129,820,264$30,536,219$19,401,565$99,627,491
68$142,921,979$31,892,541$19,911,565$109,120,653
69$157,355,660$33,310,915$20,434,242$119,561,591
70$173,257,029$34,794,242$20,969,881$131,046,325
71$190,775,648$36,345,561$21,518,774$143,680,649
72$210,076,327$37,968,057$22,081,216$157,581,123
73$231,340,684$39,665,064$22,657,509$172,876,176
74$254,768,859$41,440,077$23,247,960$189,707,308
75$280,581,396$43,296,755$23,852,881$208,230,431
76$309,021,336$45,238,932$24,472,589$228,617,331
77$340,356,499$47,270,627$25,107,408$251,057,290
78$374,882,021$49,396,047$25,757,665$275,758,868
79$412,923,134$51,619,600$26,423,694$302,951,871
80$454,838,241$53,945,907$27,105,834$332,889,512
81$501,022,291$56,379,807$27,804,430$365,850,802
82$551,910,518$58,926,371$28,519,832$402,143,178
83$607,982,538$61,590,910$29,252,393$442,105,403
84$669,766,884$64,378,992$30,002,476$486,110,757
85$737,845,993$67,296,449$30,770,445$534,570,560
86$812,861,702$70,349,393$31,556,672$587,938,046
87$895,521,308$73,544,226$32,361,534$646,712,644
88$986,604,248$76,887,659$33,185,411$711,444,679
89$1,086,969,450$80,386,723$34,028,691$782,740,571
90$1,197,563,447$84,048,785$34,891,765$861,268,550
91$1,319,429,309$87,881,567$35,775,031$947,764,959
92$1,453,716,493$91,893,158$36,678,889$1,043,041,200
93$1,601,691,690$96,092,037$37,603,746$1,147,991,392
94$1,764,750,784$100,487,089$38,550,013$1,263,600,800
95$1,944,432,032$105,087,624$39,518,106$1,390,955,134
96$2,142,430,582$109,903,401$40,508,446$1,531,250,793
97$2,360,614,479$114,944,644$41,521,456$1,685,806,148
98$2,601,042,296$120,222,072$42,557,566$1,856,073,988
99$2,865,982,573$125,746,917$43,617,206$2,043,655,223
100$3,157,935,228$131,530,948$44,700,815$2,250,313,990