Can I retire at age 40 with 9,300,000?

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 $9,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$767,985$761,144$754,470$747,956$741,595$724,256
2 years$380,191$373,110$366,248$359,594$353,141$335,770
3 years$250,943$243,832$236,987$230,396$224,047$207,188
4 years$186,331$179,242$172,466$165,987$159,792$143,574
5 years$147,575$140,528$133,840$127,494$121,471$105,940
6 years$121,745$114,752$108,163$101,958$96,116$81,288
7 years$103,303$96,368$89,884$83,825$78,168$64,045
8 years$89,478$82,605$76,229$70,319$64,848$51,424
9 years$78,730$71,923$65,656$59,896$54,611$41,876
10 years$70,137$63,396$57,240$51,631$46,532$34,471
11 years$63,111$56,438$50,393$44,934$40,019$28,616
12 years$57,261$50,656$44,723$39,414$34,679$23,916
13 years$52,314$45,778$39,957$34,796$30,241$20,097
14 years$48,077$41,611$35,901$30,888$26,509$16,963
15 years$44,409$38,012$32,414$27,547$23,341$14,371
16 years$41,203$34,876$29,388$24,665$20,629$12,211
17 years$38,376$32,119$26,742$22,162$18,291$10,403
18 years$35,867$29,680$24,412$19,972$16,263$8,881
19 years$33,624$27,507$22,348$18,046$14,496$7,595
20 years$31,608$25,561$20,510$16,344$12,948$6,506
21 years$29,786$23,809$18,865$14,834$11,587$5,579
22 years$28,132$22,225$17,387$13,487$10,386$4,790
23 years$26,625$20,786$16,054$12,283$9,323$4,117
24 years$25,245$19,475$14,847$11,203$8,380$3,541
25 years$23,977$18,277$13,752$10,231$7,541$3,048
26 years$22,809$17,177$12,754$9,355$6,792$2,624
27 years$21,729$16,166$11,843$8,563$6,124$2,261
28 years$20,728$15,233$11,010$7,845$5,526$1,949
29 years$19,797$14,370$10,245$7,194$4,990$1,681
30 years$18,931$13,571$9,543$6,603$4,508$1,450
31 years$18,122$12,829$8,897$6,064$4,076$1,251
32 years$17,365$12,139$8,301$5,573$3,687$1,080
33 years$16,655$11,496$7,751$5,125$3,337$932
34 years$15,988$10,896$7,242$4,715$3,021$804
35 years$15,361$10,334$6,771$4,341$2,736$695
36 years$14,771$9,809$6,334$3,998$2,479$600
37 years$14,213$9,316$5,928$3,683$2,247$518
38 years$13,686$8,854$5,551$3,395$2,037$448
39 years$13,187$8,419$5,201$3,130$1,847$387
40 years$12,715$8,010$4,875$2,887$1,676$334
41 years$12,266$7,625$4,571$2,664$1,520$289
42 years$11,840$7,261$4,288$2,458$1,379$249
43 years$11,435$6,919$4,024$2,269$1,252$215
44 years$11,050$6,595$3,777$2,095$1,136$186
45 years$10,682$6,289$3,546$1,935$1,032$161
46 years$10,332$5,999$3,331$1,788$937$139
47 years$9,998$5,725$3,129$1,651$850$120
48 years$9,678$5,466$2,941$1,526$772$104
49 years$9,372$5,219$2,764$1,410$701$90
50 years$9,080$4,986$2,599$1,304$637$78

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $9,300,000, adding $6,272 every year, while hoping to spend $50,116 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: 82/12/6 Blend
39$9,300,000$9,300,000$9,300,000$9,300,000
40$10,255,070$9,762,170$9,618,020$11,091,574
41$11,247,764$10,187,193$9,886,900$12,064,260
42$12,340,033$10,631,363$10,163,109$13,124,472
43$13,541,981$11,095,564$10,446,837$14,286,787
44$14,864,740$11,580,724$10,738,284$15,561,393
45$16,320,578$12,087,814$11,037,651$16,959,511
46$17,923,010$12,617,849$11,345,145$18,493,495
47$19,686,928$13,171,895$11,660,978$20,176,950
48$21,628,742$13,751,066$11,985,369$22,024,858
49$23,766,535$14,356,529$12,318,540$24,053,719
50$26,120,230$14,989,507$12,660,719$26,281,707
51$28,711,781$15,651,281$13,012,141$28,728,835
52$31,565,380$16,343,191$13,373,045$31,417,148
53$34,707,684$17,066,642$13,743,677$34,370,927
54$38,168,065$17,823,105$14,124,288$37,616,914
55$41,978,892$18,614,122$14,515,135$41,184,569
56$46,175,830$19,441,305$14,916,483$45,106,341
57$50,798,181$20,306,345$15,328,602$49,417,974
58$55,889,253$21,211,013$15,751,768$54,158,843
59$61,496,769$22,157,165$16,186,264$59,372,324
60$67,673,315$23,146,742$16,632,380$65,106,199
61$74,476,842$24,181,781$17,090,413$71,413,108
62$81,971,205$25,264,414$17,560,667$78,351,042
63$90,226,771$26,396,873$18,043,453$85,983,889
64$99,321,083$27,581,501$18,539,089$94,382,031
65$109,339,586$28,820,747$19,047,901$103,623,013
66$120,376,440$30,117,180$19,570,223$113,792,264
67$132,535,406$31,473,491$20,106,395$124,983,907
68$145,930,825$32,892,500$20,656,766$137,301,641
69$160,688,697$34,377,160$21,221,695$150,859,719
70$176,947,868$35,930,565$21,801,546$165,784,022
71$194,861,346$37,555,957$22,396,693$182,213,245
72$214,597,739$39,256,736$23,007,519$200,300,200
73$236,342,852$41,036,459$23,634,414$220,213,261
74$260,301,435$42,898,857$24,277,778$242,137,943
75$286,699,118$44,847,839$24,938,021$266,278,654
76$315,784,545$46,887,499$25,615,561$292,860,616
77$347,831,711$49,022,129$26,310,825$322,131,993
78$383,142,558$51,256,226$27,024,251$354,366,224
79$422,049,820$53,594,502$27,756,284$389,864,603
80$464,920,164$56,041,896$28,507,382$428,959,114
81$512,157,654$58,603,581$29,278,012$472,015,566
82$564,207,559$61,284,982$30,068,651$519,437,036
83$621,560,565$64,091,780$30,879,785$571,667,673
84$684,757,398$67,029,933$31,711,913$629,196,879
85$754,393,934$70,105,681$32,565,544$692,563,931
86$831,126,822$73,325,566$33,441,196$762,363,058
87$915,679,683$76,696,444$34,339,401$839,249,050
88$1,008,849,940$80,225,499$35,260,701$923,943,429
89$1,111,516,348$83,920,263$36,205,648$1,017,241,255
90$1,224,647,287$87,788,627$37,174,809$1,120,018,625
91$1,349,309,903$91,838,863$38,168,758$1,233,240,933
92$1,486,680,188$96,079,641$39,188,086$1,357,971,979
93$1,638,054,072$100,520,049$40,233,392$1,495,384,002
94$1,804,859,667$105,169,611$41,305,290$1,646,768,736
95$1,988,670,741$110,038,310$42,404,405$1,813,549,599
96$2,191,221,579$115,136,610$43,531,375$1,997,295,116
97$2,414,423,355$120,475,478$44,686,851$2,199,733,723
98$2,660,382,173$126,066,413$45,871,497$2,422,770,069
99$2,931,418,952$131,921,463$47,085,988$2,668,502,989
100$3,230,091,332$138,053,262$48,331,016$2,939,245,302