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%13.7%
1 years$776,243$769,329$762,583$755,999$749,569$738,063
2 years$384,279$377,122$370,186$363,461$356,938$345,374
3 years$253,641$246,453$239,535$232,873$226,456$215,193
4 years$188,335$181,169$174,320$167,772$161,510$150,636
5 years$149,162$142,039$135,279$128,865$122,778$112,323
6 years$123,055$115,985$109,326$103,054$97,150$87,127
7 years$104,414$97,404$90,850$84,727$79,009$69,421
8 years$90,440$83,494$77,048$71,075$65,545$56,392
9 years$79,577$72,696$66,362$60,540$55,199$46,474
10 years$70,892$64,078$57,856$52,186$47,032$38,729
11 years$63,790$57,045$50,935$45,418$40,449$32,560
12 years$57,876$51,201$45,204$39,837$35,052$27,567
13 years$52,876$46,270$40,386$35,170$30,566$23,474
14 years$48,594$42,058$36,287$31,220$26,794$20,084
15 years$44,887$38,421$32,763$27,843$23,592$17,251
16 years$41,646$35,251$29,704$24,930$20,850$14,867
17 years$38,789$32,465$27,030$22,400$18,487$12,848
18 years$36,252$29,999$24,675$20,187$16,438$11,129
19 years$33,985$27,802$22,588$18,240$14,652$9,660
20 years$31,948$25,835$20,730$16,520$13,087$8,400
21 years$30,106$24,065$19,068$14,993$11,712$7,314
22 years$28,435$22,463$17,574$13,632$10,498$6,377
23 years$26,911$21,010$16,227$12,415$9,423$5,567
24 years$25,516$19,685$15,007$11,323$8,470$4,864
25 years$24,235$18,473$13,899$10,341$7,622$4,253
26 years$23,054$17,362$12,891$9,455$6,865$3,722
27 years$21,962$16,339$11,970$8,655$6,190$3,259
28 years$20,951$15,397$11,128$7,930$5,585$2,855
29 years$20,010$14,525$10,356$7,272$5,043$2,503
30 years$19,134$13,717$9,646$6,674$4,557$2,194
31 years$18,317$12,967$8,993$6,129$4,120$1,925
32 years$17,551$12,270$8,390$5,633$3,727$1,689
33 years$16,834$11,620$7,834$5,180$3,373$1,483
34 years$16,160$11,013$7,320$4,766$3,054$1,302
35 years$15,527$10,445$6,843$4,387$2,766$1,143
36 years$14,929$9,914$6,402$4,041$2,506$1,004
37 years$14,366$9,416$5,992$3,723$2,271$882
38 years$13,833$8,949$5,611$3,431$2,059$775
39 years$13,329$8,509$5,257$3,164$1,867$681
40 years$12,851$8,096$4,927$2,918$1,694$598
41 years$12,398$7,707$4,620$2,692$1,536$526
42 years$11,968$7,340$4,334$2,485$1,394$462
43 years$11,558$6,993$4,067$2,294$1,265$406
44 years$11,169$6,666$3,818$2,118$1,149$357
45 years$10,797$6,357$3,585$1,956$1,043$314
46 years$10,443$6,064$3,367$1,807$947$276
47 years$10,105$5,787$3,163$1,669$860$243
48 years$9,782$5,524$2,972$1,542$781$213
49 years$9,473$5,275$2,794$1,425$709$188
50 years$9,178$5,039$2,627$1,318$644$165

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 $4,176 every year, while hoping to spend $56,252 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: 53/32/15 Blend
39$9,400,000$9,400,000$9,400,000$9,400,000
40$10,363,108$9,864,908$9,719,208$10,870,527
41$11,360,293$10,288,436$9,984,949$11,641,107
42$12,457,306$10,730,833$10,257,708$12,472,757
43$13,664,269$11,192,962$10,537,660$13,376,368
44$14,992,337$11,675,729$10,824,983$14,358,787
45$16,453,798$12,180,083$11,119,864$15,427,538
46$18,062,195$12,707,016$11,422,488$16,590,893
47$19,832,446$13,257,567$11,733,048$17,857,944
48$21,780,991$13,832,824$12,051,742$19,238,689
49$23,925,946$14,433,926$12,378,769$20,744,122
50$26,287,270$15,062,066$12,714,335$22,386,333
51$28,886,957$15,718,493$13,058,651$24,178,619
52$31,749,241$16,404,513$13,411,930$26,135,607
53$34,900,826$17,121,497$13,774,392$28,273,388
54$38,371,138$17,870,877$14,146,261$30,609,664
55$42,192,599$18,654,156$14,527,767$33,163,912
56$46,400,940$19,472,905$14,919,142$35,957,563
57$51,035,529$20,328,770$15,320,626$39,014,202
58$56,139,749$21,223,476$15,732,464$42,359,785
59$61,761,406$22,158,829$16,154,903$46,022,876
60$67,953,176$23,136,719$16,588,200$50,034,918
61$74,773,109$24,159,127$17,032,613$54,430,519
62$82,285,169$25,228,127$17,488,409$59,247,777
63$90,559,843$26,345,892$17,955,858$64,528,631
64$99,674,804$27,514,698$18,435,236$70,319,254
65$109,715,644$28,736,927$18,926,826$76,670,481
66$120,776,680$30,015,077$19,430,915$83,638,283
67$132,961,849$31,351,763$19,947,798$91,284,287
68$146,385,681$32,749,724$20,477,773$99,676,353
69$161,174,390$34,211,829$21,021,147$108,889,208
70$177,467,053$35,741,084$21,578,232$119,005,139
71$195,416,934$37,340,639$22,149,344$130,114,768
72$215,192,922$39,013,791$22,734,808$142,317,895
73$236,981,130$40,763,997$23,334,954$155,724,431
74$260,986,649$42,594,877$23,950,119$170,455,430
75$287,435,485$44,510,223$24,580,645$186,644,220
76$316,576,689$46,514,009$25,226,882$204,437,651
77$348,684,715$48,610,399$25,889,185$223,997,471
78$384,062,001$50,803,753$26,567,918$245,501,845
79$423,041,830$53,098,642$27,263,449$269,147,021
80$465,991,476$55,499,855$27,976,153$295,149,175
81$513,315,666$58,012,407$28,706,414$323,746,436
82$565,460,405$60,641,556$29,454,619$355,201,123
83$622,917,183$63,392,809$30,221,166$389,802,206
84$686,227,616$66,271,938$31,006,456$427,868,022
85$755,988,560$69,284,989$31,810,899$469,749,264
86$832,857,740$72,438,301$32,634,911$515,832,275
87$917,559,965$75,738,513$33,478,916$566,542,682
88$1,010,893,965$79,192,583$34,343,343$622,349,395
89$1,113,739,933$82,807,804$35,228,629$683,769,016
90$1,227,067,836$86,591,816$36,135,218$751,370,697
91$1,351,946,568$90,552,627$37,063,560$825,781,494
92$1,489,554,041$94,698,630$38,014,113$907,692,269
93$1,641,188,308$99,038,617$38,987,340$997,864,186
94$1,808,279,812$103,581,806$39,983,713$1,097,135,878
95$1,992,404,894$108,337,855$41,003,708$1,206,431,338
96$2,195,300,671$113,316,889$42,047,810$1,326,768,622
97$2,418,881,438$118,529,514$43,116,510$1,459,269,430
98$2,665,256,736$123,986,852$44,210,305$1,605,169,671
99$2,936,751,270$129,700,555$45,329,697$1,765,831,104
100$3,235,926,855$135,682,837$46,475,197$1,942,754,162