Can I retire at age 40 with 9,400,000?

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 $9,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$776,243$769,329$762,583$755,999$749,569$729,968
2 years$384,279$377,122$370,186$363,461$356,938$337,323
3 years$253,641$246,453$239,535$232,873$226,456$207,442
4 years$188,335$181,169$174,320$167,772$161,510$143,243
5 years$149,162$142,039$135,279$128,865$122,778$105,308
6 years$123,055$115,985$109,326$103,054$97,150$80,495
7 years$104,414$97,404$90,850$84,727$79,009$63,169
8 years$90,440$83,494$77,048$71,075$65,545$50,514
9 years$79,577$72,696$66,362$60,540$55,199$40,961
10 years$70,892$64,078$57,856$52,186$47,032$33,572
11 years$63,790$57,045$50,935$45,418$40,449$27,745
12 years$57,876$51,201$45,204$39,837$35,052$23,083
13 years$52,876$46,270$40,386$35,170$30,566$19,306
14 years$48,594$42,058$36,287$31,220$26,794$16,217
15 years$44,887$38,421$32,763$27,843$23,592$13,672
16 years$41,646$35,251$29,704$24,930$20,850$11,559
17 years$38,789$32,465$27,030$22,400$18,487$9,797
18 years$36,252$29,999$24,675$20,187$16,438$8,321
19 years$33,985$27,802$22,588$18,240$14,652$7,079
20 years$31,948$25,835$20,730$16,520$13,087$6,032
21 years$30,106$24,065$19,068$14,993$11,712$5,145
22 years$28,435$22,463$17,574$13,632$10,498$4,394
23 years$26,911$21,010$16,227$12,415$9,423$3,755
24 years$25,516$19,685$15,007$11,323$8,470$3,212
25 years$24,235$18,473$13,899$10,341$7,622$2,749
26 years$23,054$17,362$12,891$9,455$6,865$2,354
27 years$21,962$16,339$11,970$8,655$6,190$2,017
28 years$20,951$15,397$11,128$7,930$5,585$1,729
29 years$20,010$14,525$10,356$7,272$5,043$1,482
30 years$19,134$13,717$9,646$6,674$4,557$1,271
31 years$18,317$12,967$8,993$6,129$4,120$1,090
32 years$17,551$12,270$8,390$5,633$3,727$935
33 years$16,834$11,620$7,834$5,180$3,373$803
34 years$16,160$11,013$7,320$4,766$3,054$689
35 years$15,527$10,445$6,843$4,387$2,766$591
36 years$14,929$9,914$6,402$4,041$2,506$508
37 years$14,366$9,416$5,992$3,723$2,271$436
38 years$13,833$8,949$5,611$3,431$2,059$374
39 years$13,329$8,509$5,257$3,164$1,867$321
40 years$12,851$8,096$4,927$2,918$1,694$276
41 years$12,398$7,707$4,620$2,692$1,536$237
42 years$11,968$7,340$4,334$2,485$1,394$204
43 years$11,558$6,993$4,067$2,294$1,265$175
44 years$11,169$6,666$3,818$2,118$1,149$150
45 years$10,797$6,357$3,585$1,956$1,043$129
46 years$10,443$6,064$3,367$1,807$947$111
47 years$10,105$5,787$3,163$1,669$860$95
48 years$9,782$5,524$2,972$1,542$781$82
49 years$9,473$5,275$2,794$1,425$709$70
50 years$9,178$5,039$2,627$1,318$644$60

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $9,400,000, adding $5,374 every year, while hoping to spend $26,224 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: 33/48/19 Blend
39$9,400,000$9,400,000$9,400,000$9,400,000
40$10,364,343$9,866,143$9,720,443$10,645,300
41$11,393,604$10,321,682$10,018,176$11,309,564
42$12,526,971$10,798,664$10,325,004$12,022,200
43$13,775,034$11,298,110$10,641,204$12,789,700
44$15,149,465$11,821,095$10,967,061$13,616,905
45$16,663,123$12,368,741$11,302,870$14,509,115
46$18,330,179$12,942,227$11,648,934$15,472,136
47$20,166,248$13,542,787$12,005,565$16,512,331
48$22,188,538$14,171,717$12,373,084$17,636,670
49$24,416,010$14,830,371$12,751,822$18,852,798
50$26,869,557$15,520,173$13,142,123$20,169,098
51$29,572,204$16,242,614$13,544,336$21,594,760
52$32,549,322$16,999,256$13,958,825$23,139,870
53$35,828,870$17,791,737$14,385,963$24,815,494
54$39,441,657$18,621,774$14,826,135$26,633,776
55$43,421,633$19,491,168$15,279,737$28,608,047
56$47,806,210$20,401,805$15,747,178$30,752,941
57$52,636,614$21,355,664$16,228,879$33,084,531
58$57,958,275$22,354,819$16,725,274$35,620,467
59$63,821,257$23,401,443$17,236,808$38,380,137
60$70,280,727$24,497,815$17,763,943$41,384,842
61$77,397,478$25,646,325$18,307,152$44,657,986
62$85,238,504$26,849,478$18,866,925$48,225,288
63$93,877,629$28,109,900$19,443,764$52,115,018
64$103,396,206$29,430,343$20,038,189$56,358,248
65$113,883,883$30,813,695$20,650,733$60,989,138
66$125,439,454$32,262,981$21,281,947$66,045,247
67$138,171,784$33,781,373$21,932,398$71,567,875
68$152,200,844$35,372,198$22,602,671$77,602,438
69$167,658,837$37,038,942$23,293,368$84,198,888
70$184,691,451$38,785,263$24,005,108$91,412,170
71$203,459,231$40,614,993$24,738,531$99,302,722
72$224,139,096$42,532,151$25,494,295$107,937,037
73$246,926,008$44,540,951$26,273,079$117,388,268
74$272,034,814$46,645,811$27,075,581$127,736,910
75$299,702,273$48,851,363$27,902,520$139,071,535
76$330,189,290$51,162,465$28,754,639$151,489,616
77$363,783,380$53,584,208$29,632,702$165,098,425
78$400,801,382$56,121,932$30,537,495$180,016,027
79$441,592,452$58,781,236$31,469,831$196,372,374
80$486,541,355$61,567,989$32,430,543$214,310,510
81$536,072,100$64,488,348$33,420,493$233,987,898
82$590,651,942$67,548,764$34,440,567$255,577,885
83$650,795,794$70,756,007$35,491,680$279,271,309
84$717,071,085$74,117,171$36,574,771$305,278,282
85$790,103,120$77,639,698$37,690,810$333,830,137
86$870,580,983$81,331,387$38,840,797$365,181,592
87$959,264,039$85,200,421$40,025,759$399,613,119
88$1,056,989,106$89,255,377$41,246,757$437,433,562
89$1,164,678,354$93,505,250$42,504,883$478,983,022
90$1,283,348,011$97,959,472$43,801,262$524,636,030
91$1,414,117,956$102,627,933$45,137,051$574,805,050
92$1,558,222,291$107,521,006$46,513,446$629,944,331
93$1,717,020,994$112,649,564$47,931,676$690,554,161
94$1,892,012,755$118,025,013$49,393,007$757,185,546
95$2,084,849,129$123,659,311$50,898,745$830,445,366
96$2,297,350,121$129,564,998$52,450,234$911,002,065
97$2,531,521,375$135,755,225$54,048,859$999,591,907
98$2,789,573,105$142,243,781$55,696,046$1,097,025,885
99$3,073,940,964$149,045,128$57,393,265$1,204,197,316
100$3,387,309,033$156,174,431$59,142,031$1,322,090,228