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%15.8%
1 years$759,727$752,960$746,358$739,913$733,621$716,177
2 years$376,103$369,098$362,310$355,728$349,343$331,871
3 years$248,244$241,210$234,438$227,918$221,638$204,683
4 years$184,328$177,315$170,611$164,202$158,074$141,767
5 years$145,988$139,017$132,401$126,123$120,165$104,552
6 years$120,436$113,518$107,000$100,862$95,083$80,178
7 years$102,192$95,332$88,917$82,924$77,328$63,135
8 years$88,516$81,717$75,409$69,563$64,151$50,664
9 years$77,884$71,149$64,950$59,252$54,024$41,232
10 years$69,383$62,715$56,625$51,076$46,031$33,920
11 years$62,433$55,831$49,851$44,451$39,588$28,141
12 years$56,645$50,111$44,242$38,990$34,307$23,504
13 years$51,751$45,286$39,527$34,422$29,916$19,738
14 years$47,560$41,164$35,515$30,556$26,224$16,648
15 years$43,932$37,604$32,066$27,251$23,090$14,094
16 years$40,759$34,501$29,072$24,400$20,407$11,967
17 years$37,963$31,774$26,455$21,923$18,094$10,188
18 years$35,481$29,360$24,150$19,757$16,088$8,691
19 years$33,262$27,211$22,108$17,852$14,340$7,427
20 years$31,268$25,286$20,289$16,169$12,809$6,357
21 years$29,466$23,553$18,662$14,674$11,462$5,448
22 years$27,830$21,986$17,200$13,342$10,274$4,674
23 years$26,338$20,563$15,881$12,151$9,223$4,013
24 years$24,973$19,266$14,688$11,082$8,290$3,449
25 years$23,719$18,080$13,604$10,121$7,460$2,966
26 years$22,563$16,992$12,617$9,254$6,719$2,552
27 years$21,495$15,992$11,716$8,471$6,058$2,197
28 years$20,505$15,069$10,891$7,761$5,466$1,893
29 years$19,585$14,216$10,135$7,117$4,936$1,631
30 years$18,727$13,425$9,441$6,532$4,460$1,405
31 years$17,927$12,691$8,801$5,999$4,032$1,212
32 years$17,178$12,009$8,212$5,513$3,647$1,045
33 years$16,476$11,372$7,667$5,070$3,301$901
34 years$15,817$10,778$7,164$4,664$2,989$777
35 years$15,196$10,223$6,698$4,294$2,707$671
36 years$14,612$9,703$6,266$3,955$2,453$579
37 years$14,060$9,216$5,864$3,644$2,223$499
38 years$13,539$8,758$5,492$3,358$2,015$431
39 years$13,045$8,328$5,145$3,097$1,827$372
40 years$12,578$7,924$4,823$2,856$1,658$321
41 years$12,134$7,543$4,522$2,635$1,504$277
42 years$11,713$7,183$4,242$2,432$1,365$239
43 years$11,312$6,844$3,980$2,245$1,238$207
44 years$10,931$6,524$3,736$2,073$1,124$178
45 years$10,568$6,221$3,508$1,914$1,020$154
46 years$10,221$5,935$3,295$1,768$927$133
47 years$9,890$5,664$3,096$1,634$841$115
48 years$9,574$5,407$2,909$1,510$764$99
49 years$9,272$5,163$2,734$1,395$694$86
50 years$8,982$4,932$2,571$1,290$630$74

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 $4,652 every year, while hoping to spend $37,860 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: 51/44/5 Blend
39$9,200,000$9,200,000$9,200,000$9,200,000
40$10,143,199$9,655,599$9,512,999$10,648,542
41$11,137,522$10,088,440$9,791,401$11,424,933
42$12,231,998$10,541,222$10,077,862$12,263,934
43$13,436,801$11,014,881$10,372,609$13,175,010
44$14,763,144$11,510,400$10,675,881$14,164,926
45$16,223,381$12,028,806$10,987,920$15,241,113
46$17,831,126$12,571,178$11,308,975$16,411,734
47$19,601,380$13,138,644$11,639,305$17,685,753
48$21,550,671$13,732,388$11,979,171$19,073,019
49$23,697,212$14,353,648$12,328,847$20,584,356
50$26,061,075$15,003,724$12,688,611$22,231,656
51$28,664,375$15,683,977$13,058,749$24,027,993
52$31,531,481$16,395,831$13,439,556$25,987,735
53$34,689,246$17,140,781$13,831,336$28,126,682
54$38,167,263$17,920,393$14,234,400$30,462,201
55$41,998,138$18,736,307$14,649,067$33,013,394
56$46,217,804$19,590,242$15,075,666$35,801,265
57$50,865,856$20,483,999$15,514,536$38,848,916
58$55,985,924$21,419,466$15,966,024$42,181,758
59$61,626,089$22,398,621$16,430,487$45,827,745
60$67,839,334$23,423,537$16,908,292$49,817,631
61$74,684,042$24,496,387$17,399,816$54,185,250
62$82,224,551$25,619,446$17,905,447$58,967,832
63$90,531,759$26,795,102$18,425,582$64,206,346
64$99,683,791$28,025,855$18,960,632$69,945,875
65$109,766,740$29,314,324$19,511,016$76,236,036
66$120,875,480$30,663,258$20,077,167$83,131,440
67$133,114,555$32,075,534$20,659,528$90,692,197
68$146,599,174$33,554,170$21,258,557$98,984,470
69$161,456,293$35,102,328$21,874,722$108,081,097
70$177,825,814$36,723,321$22,508,504$118,062,259
71$195,861,907$38,420,623$23,160,399$129,016,232
72$215,734,464$40,197,876$23,830,915$141,040,207
73$237,630,703$42,058,896$24,520,574$154,241,191
74$261,756,935$44,007,683$25,229,914$168,737,011
75$288,340,512$46,048,428$25,959,486$184,657,405
76$317,631,971$48,185,528$26,709,855$202,145,241
77$349,907,402$50,423,589$27,481,605$221,357,841
78$385,471,052$52,767,439$28,275,334$242,468,458
79$424,658,196$55,222,141$29,091,654$265,667,893
80$467,838,305$57,792,999$29,931,198$291,166,277
81$515,418,533$60,485,576$30,794,613$319,195,040
82$567,847,556$63,305,702$31,682,566$350,009,072
83$625,619,814$66,259,489$32,595,739$383,889,115
84$689,280,174$69,353,343$33,534,835$421,144,389
85$759,429,076$72,593,981$34,500,576$462,115,490
86$836,728,199$75,988,444$35,493,703$507,177,585
87$921,906,709$79,544,111$36,514,976$556,743,925
88$1,015,768,143$83,268,722$37,565,177$611,269,727
89$1,119,197,992$87,170,388$38,645,109$671,256,439
90$1,233,172,063$91,257,613$39,755,596$737,256,453
91$1,358,765,689$95,539,311$40,897,484$809,878,287
92$1,497,163,882$100,024,831$42,071,643$889,792,301
93$1,649,672,520$104,723,969$43,278,965$977,736,993
94$1,817,730,674$109,647,000$44,520,366$1,074,525,939
95$2,002,924,193$114,804,694$45,796,789$1,181,055,439
96$2,207,000,678$120,208,341$47,109,199$1,298,312,941
97$2,431,885,979$125,869,782$48,458,589$1,427,386,328
98$2,679,702,374$131,801,426$49,845,977$1,569,474,144
99$2,952,788,609$138,016,288$51,272,410$1,725,896,871
100$3,253,721,972$144,528,011$52,738,960$1,898,109,352