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

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 $9,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$767,985$761,144$754,470$747,956$741,595$733,240
2 years$380,191$373,110$366,248$359,594$353,141$344,730
3 years$250,943$243,832$236,987$230,396$224,047$215,841
4 years$186,331$179,242$172,466$165,987$159,792$151,855
5 years$147,575$140,528$133,840$127,494$121,471$113,826
6 years$121,745$114,752$108,163$101,958$96,116$88,771
7 years$103,303$96,368$89,884$83,825$78,168$71,127
8 years$89,478$82,605$76,229$70,319$64,848$58,110
9 years$78,730$71,923$65,656$59,896$54,611$48,174
10 years$70,137$63,396$57,240$51,631$46,532$40,391
11 years$63,111$56,438$50,393$44,934$40,019$34,169
12 years$57,261$50,656$44,723$39,414$34,679$29,115
13 years$52,314$45,778$39,957$34,796$30,241$24,955
14 years$48,077$41,611$35,901$30,888$26,509$21,493
15 years$44,409$38,012$32,414$27,547$23,341$18,588
16 years$41,203$34,876$29,388$24,665$20,629$16,130
17 years$38,376$32,119$26,742$22,162$18,291$14,039
18 years$35,867$29,680$24,412$19,972$16,263$12,249
19 years$33,624$27,507$22,348$18,046$14,496$10,710
20 years$31,608$25,561$20,510$16,344$12,948$9,381
21 years$29,786$23,809$18,865$14,834$11,587$8,231
22 years$28,132$22,225$17,387$13,487$10,386$7,231
23 years$26,625$20,786$16,054$12,283$9,323$6,361
24 years$25,245$19,475$14,847$11,203$8,380$5,601
25 years$23,977$18,277$13,752$10,231$7,541$4,936
26 years$22,809$17,177$12,754$9,355$6,792$4,354
27 years$21,729$16,166$11,843$8,563$6,124$3,843
28 years$20,728$15,233$11,010$7,845$5,526$3,394
29 years$19,797$14,370$10,245$7,194$4,990$2,999
30 years$18,931$13,571$9,543$6,603$4,508$2,652
31 years$18,122$12,829$8,897$6,064$4,076$2,345
32 years$17,365$12,139$8,301$5,573$3,687$2,075
33 years$16,655$11,496$7,751$5,125$3,337$1,837
34 years$15,988$10,896$7,242$4,715$3,021$1,626
35 years$15,361$10,334$6,771$4,341$2,736$1,440
36 years$14,771$9,809$6,334$3,998$2,479$1,276
37 years$14,213$9,316$5,928$3,683$2,247$1,130
38 years$13,686$8,854$5,551$3,395$2,037$1,001
39 years$13,187$8,419$5,201$3,130$1,847$887
40 years$12,715$8,010$4,875$2,887$1,676$787
41 years$12,266$7,625$4,571$2,664$1,520$697
42 years$11,840$7,261$4,288$2,458$1,379$618
43 years$11,435$6,919$4,024$2,269$1,252$548
44 years$11,050$6,595$3,777$2,095$1,136$486
45 years$10,682$6,289$3,546$1,935$1,032$431
46 years$10,332$5,999$3,331$1,788$937$382
47 years$9,998$5,725$3,129$1,651$850$339
48 years$9,678$5,466$2,941$1,526$772$301
49 years$9,372$5,219$2,764$1,410$701$267
50 years$9,080$4,986$2,599$1,304$637$237

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 $3,641 every year, while hoping to spend $38,820 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: 70/5/25 Blend
39$9,300,000$9,300,000$9,300,000$9,300,000
40$10,252,356$9,759,456$9,615,306$10,904,596
41$11,256,792$10,196,365$9,896,114$11,778,593
42$12,362,379$10,653,381$10,185,029$12,730,169
43$13,579,395$11,131,450$10,482,280$13,770,962
44$14,919,161$11,631,559$10,788,105$14,909,820
45$16,394,156$12,154,746$11,102,747$16,156,485
46$18,018,127$12,702,096$11,426,456$17,521,685
47$19,806,225$13,274,747$11,759,490$19,017,231
48$21,775,140$13,873,890$12,102,114$20,656,132
49$23,943,269$14,500,775$12,454,600$22,452,713
50$26,330,880$15,156,710$12,817,226$24,422,750
51$28,960,306$15,843,066$13,190,280$26,583,619
52$31,856,160$16,561,279$13,574,057$28,954,455
53$35,045,561$17,312,854$13,968,860$31,556,337
54$38,558,393$18,099,369$14,375,002$34,412,481
55$42,427,587$18,922,476$14,792,802$37,548,458
56$46,689,431$19,783,907$15,222,591$40,992,437
57$51,383,910$20,685,476$15,664,705$44,775,448
58$56,555,089$21,629,085$16,119,493$48,931,669
59$62,251,525$22,616,726$16,587,312$53,498,755
60$68,526,722$23,650,488$17,068,529$58,518,185
61$75,439,645$24,732,559$17,563,522$64,035,655
62$83,055,266$25,865,232$18,072,678$70,101,506
63$91,445,186$27,050,910$18,596,395$76,771,199
64$100,688,303$28,292,113$19,135,082$84,105,836
65$110,871,562$29,591,479$19,689,160$92,172,732
66$122,090,776$30,951,775$20,259,061$101,046,054
67$134,451,524$32,375,901$20,845,228$110,807,514
68$148,070,154$33,866,895$21,448,118$121,547,139
69$163,074,878$35,427,942$22,068,199$133,364,121
70$179,606,984$37,062,379$22,705,952$146,367,748
71$197,822,167$38,773,706$23,361,871$160,678,435
72$217,891,999$40,565,588$24,036,465$176,428,857
73$240,005,551$42,441,870$24,730,254$193,765,200
74$264,371,175$44,406,580$25,443,776$212,848,536
75$291,218,472$46,463,940$26,177,580$233,856,344
76$320,800,459$48,618,376$26,932,231$256,984,179
77$353,395,956$50,874,526$27,708,311$282,447,517
78$389,312,220$53,237,255$28,506,416$310,483,785
79$428,887,844$55,711,658$29,327,159$341,354,600
80$472,495,954$58,303,079$30,171,169$375,348,235
81$520,547,729$61,017,118$31,039,091$412,782,334
82$573,496,288$63,859,647$31,931,591$454,006,912
83$631,840,959$66,836,819$32,849,348$499,407,651
84$696,132,000$69,955,086$33,793,065$549,409,540
85$766,975,790$73,221,211$34,763,459$604,480,879
86$845,040,554$76,642,284$35,761,268$665,137,701
87$931,062,670$80,225,736$36,787,250$731,948,634
88$1,025,853,624$83,979,359$37,842,185$805,540,267
89$1,130,307,666$87,911,319$38,926,870$886,603,061
90$1,245,410,254$92,030,181$40,042,127$975,897,861
91$1,372,247,360$96,344,919$41,188,798$1,074,263,073
92$1,512,015,716$100,864,946$42,367,748$1,182,622,574
93$1,666,034,117$105,600,126$43,579,866$1,301,994,430
94$1,835,755,868$110,560,803$44,826,062$1,433,500,499
95$2,022,782,506$115,757,821$46,107,274$1,578,377,017
96$2,228,878,915$121,202,549$47,424,462$1,737,986,263
97$2,455,989,995$126,906,904$48,778,612$1,913,829,411
98$2,706,259,017$132,883,385$50,170,737$2,107,560,698
99$2,982,047,857$139,145,091$51,601,877$2,321,003,033
100$3,285,959,296$145,705,759$53,073,098$2,556,165,198