Can I retire at age 40 with 9,600,000?

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 $9,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$792,759$785,698$778,808$772,084$765,517$742,202
2 years$392,455$385,146$378,062$371,194$364,532$341,242
3 years$259,038$251,697$244,631$237,828$231,274$208,740
4 years$192,342$185,024$178,029$171,341$164,947$143,341
5 years$152,335$145,061$138,158$131,607$125,390$104,772
6 years$125,673$118,453$111,652$105,247$99,217$79,604
7 years$106,636$99,477$92,783$86,529$80,690$62,081
8 years$92,364$85,270$78,688$72,587$66,940$49,324
9 years$81,270$74,243$67,774$61,828$56,373$39,731
10 years$72,400$65,441$59,087$53,297$48,033$32,340
11 years$65,147$58,259$52,019$46,384$41,310$26,539
12 years$59,108$52,290$46,165$40,685$35,798$21,920
13 years$54,001$47,255$41,246$35,919$31,217$18,198
14 years$49,628$42,953$37,060$31,885$27,364$15,171
15 years$45,842$39,239$33,460$28,435$24,094$12,690
16 years$42,532$36,001$30,336$25,461$21,294$10,645
17 years$39,614$33,155$27,605$22,876$18,881$8,951
18 years$37,024$30,637$25,200$20,616$16,788$7,540
19 years$34,708$28,394$23,069$18,629$14,963$6,362
20 years$32,627$26,385$21,172$16,872$13,366$5,375
21 years$30,747$24,577$19,474$15,312$11,961$4,547
22 years$29,040$22,941$17,948$13,922$10,721$3,850
23 years$27,483$21,457$16,572$12,679$9,624$3,262
24 years$26,059$20,104$15,326$11,564$8,650$2,766
25 years$24,750$18,866$14,195$10,561$7,784$2,346
26 years$23,544$17,731$13,165$9,657$7,011$1,992
27 years$22,430$16,687$12,225$8,839$6,321$1,691
28 years$21,396$15,724$11,365$8,098$5,704$1,436
29 years$20,436$14,834$10,576$7,426$5,150$1,220
30 years$19,541$14,009$9,851$6,816$4,654$1,037
31 years$18,706$13,243$9,184$6,260$4,207$882
32 years$17,925$12,531$8,569$5,753$3,806$750
33 years$17,192$11,867$8,001$5,290$3,444$637
34 years$16,504$11,247$7,475$4,867$3,118$542
35 years$15,857$10,668$6,989$4,481$2,825$461
36 years$15,247$10,125$6,538$4,127$2,559$392
37 years$14,671$9,617$6,119$3,802$2,319$334
38 years$14,127$9,139$5,731$3,504$2,103$284
39 years$13,613$8,690$5,369$3,231$1,907$241
40 years$13,125$8,268$5,032$2,980$1,730$205
41 years$12,662$7,871$4,719$2,750$1,569$175
42 years$12,222$7,496$4,426$2,538$1,424$149
43 years$11,804$7,142$4,153$2,343$1,292$127
44 years$11,406$6,808$3,899$2,163$1,173$108
45 years$11,027$6,492$3,661$1,998$1,065$92
46 years$10,665$6,193$3,438$1,845$967$78
47 years$10,320$5,910$3,230$1,705$878$66
48 years$9,990$5,642$3,036$1,575$797$56
49 years$9,675$5,388$2,853$1,456$724$48
50 years$9,373$5,146$2,682$1,346$658$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $9,600,000, adding $2,190 every year, while hoping to spend $40,186 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: 75/12/13 Blend
39$9,600,000$9,600,000$9,600,000$9,600,000
40$10,581,459$10,072,659$9,923,859$11,346,646
41$11,618,010$10,523,462$10,213,551$12,302,929
42$12,758,943$10,995,007$10,511,600$13,345,429
43$14,014,861$11,488,268$10,818,245$14,486,857
44$15,397,450$12,004,267$11,133,729$15,737,032
45$16,919,585$12,544,071$11,458,304$17,106,764
46$18,595,453$13,108,801$11,792,228$18,607,953
47$20,440,687$13,699,629$12,135,765$20,253,705
48$22,472,512$14,317,786$12,489,188$22,058,447
49$24,709,910$14,964,559$12,852,778$24,038,067
50$27,173,796$15,641,298$13,226,821$26,210,061
51$29,887,219$16,349,417$13,611,615$28,593,696
52$32,875,573$17,090,397$14,007,462$31,210,189
53$36,166,846$17,865,790$14,414,676$34,082,908
54$39,791,874$18,677,224$14,833,578$37,237,588
55$43,784,639$19,526,402$15,264,497$40,702,574
56$48,182,587$20,415,111$15,707,772$44,509,086
57$53,026,981$21,345,221$16,163,753$48,691,509
58$58,363,291$22,318,695$16,632,797$53,287,720
59$64,241,623$23,337,587$17,115,272$58,339,441
60$70,717,191$24,404,052$17,611,555$63,892,626
61$77,850,839$25,520,344$18,122,037$69,997,902
62$85,709,615$26,688,831$18,647,115$76,711,033
63$94,367,402$27,911,991$19,187,200$84,093,453
64$103,905,619$29,192,420$19,742,713$92,212,836
65$114,413,985$30,532,842$20,314,087$101,143,739
66$125,991,370$31,936,109$20,901,767$110,968,294
67$138,746,723$33,405,212$21,506,210$121,776,988
68$152,800,106$34,943,285$22,127,885$133,669,508
69$168,283,822$36,553,611$22,767,275$146,755,682
70$185,343,667$38,239,633$23,424,874$161,156,511
71$204,140,306$40,004,960$24,101,192$177,005,306
72$224,850,787$41,853,373$24,796,752$194,448,945
73$247,670,214$43,788,835$25,512,090$213,649,253
74$272,813,590$45,815,502$26,247,758$234,784,525
75$300,517,841$47,937,727$27,004,324$258,051,208
76$331,044,060$50,160,074$27,782,368$283,665,747
77$364,679,966$52,487,329$28,582,488$311,866,624
78$401,742,620$54,924,506$29,405,299$342,916,605
79$442,581,422$57,476,862$30,251,432$377,105,215
80$487,581,405$60,149,906$31,121,532$414,751,466
81$537,166,871$62,949,414$32,016,267$456,206,860
82$591,805,399$65,881,442$32,936,318$501,858,703
83$652,012,252$68,952,335$33,882,388$552,133,758
84$718,355,250$72,168,748$34,855,196$607,502,258
85$791,460,122$75,537,653$35,855,482$668,482,350
86$872,016,420$79,066,363$36,884,005$735,644,969
87$960,784,021$82,762,542$37,941,547$809,619,224
88$1,058,600,309$86,634,225$39,028,906$891,098,332
89$1,166,388,073$90,689,833$40,146,906$980,846,149
90$1,285,164,220$94,938,199$41,296,391$1,079,704,376
91$1,416,049,377$99,388,578$42,478,228$1,188,600,492
92$1,560,278,471$104,050,675$43,693,305$1,308,556,505
93$1,719,212,382$108,934,665$44,942,538$1,440,698,588
94$1,894,350,795$114,051,214$46,226,863$1,586,267,699
95$2,087,346,357$119,411,505$47,547,244$1,746,631,289
96$2,300,020,278$125,027,261$48,904,669$1,923,296,196
97$2,534,379,523$130,910,773$50,300,152$2,117,922,862
98$2,792,635,762$137,074,929$51,734,735$2,332,340,994
99$3,077,226,248$143,533,238$53,209,487$2,568,566,827
100$3,390,836,824$150,299,867$54,725,504$2,828,822,143