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%19%
1 years$792,759$785,698$778,808$772,084$765,517$737,769
2 years$392,455$385,146$378,062$371,194$364,532$336,881
3 years$259,038$251,697$244,631$237,828$231,274$204,589
4 years$192,342$185,024$178,029$171,341$164,947$139,432
5 years$152,335$145,061$138,158$131,607$125,390$101,111
6 years$125,673$118,453$111,652$105,247$99,217$76,193
7 years$106,636$99,477$92,783$86,529$80,690$58,915
8 years$92,364$85,270$78,688$72,587$66,940$46,395
9 years$81,270$74,243$67,774$61,828$56,373$37,030
10 years$72,400$65,441$59,087$53,297$48,033$29,858
11 years$65,147$58,259$52,019$46,384$41,310$24,266
12 years$59,108$52,290$46,165$40,685$35,798$19,843
13 years$54,001$47,255$41,246$35,919$31,217$16,306
14 years$49,628$42,953$37,060$31,885$27,364$13,453
15 years$45,842$39,239$33,460$28,435$24,094$11,134
16 years$42,532$36,001$30,336$25,461$21,294$9,239
17 years$39,614$33,155$27,605$22,876$18,881$7,683
18 years$37,024$30,637$25,200$20,616$16,788$6,401
19 years$34,708$28,394$23,069$18,629$14,963$5,340
20 years$32,627$26,385$21,172$16,872$13,366$4,460
21 years$30,747$24,577$19,474$15,312$11,961$3,729
22 years$29,040$22,941$17,948$13,922$10,721$3,120
23 years$27,483$21,457$16,572$12,679$9,624$2,613
24 years$26,059$20,104$15,326$11,564$8,650$2,189
25 years$24,750$18,866$14,195$10,561$7,784$1,835
26 years$23,544$17,731$13,165$9,657$7,011$1,539
27 years$22,430$16,687$12,225$8,839$6,321$1,291
28 years$21,396$15,724$11,365$8,098$5,704$1,083
29 years$20,436$14,834$10,576$7,426$5,150$909
30 years$19,541$14,009$9,851$6,816$4,654$763
31 years$18,706$13,243$9,184$6,260$4,207$641
32 years$17,925$12,531$8,569$5,753$3,806$538
33 years$17,192$11,867$8,001$5,290$3,444$452
34 years$16,504$11,247$7,475$4,867$3,118$380
35 years$15,857$10,668$6,989$4,481$2,825$319
36 years$15,247$10,125$6,538$4,127$2,559$268
37 years$14,671$9,617$6,119$3,802$2,319$225
38 years$14,127$9,139$5,731$3,504$2,103$189
39 years$13,613$8,690$5,369$3,231$1,907$159
40 years$13,125$8,268$5,032$2,980$1,730$133
41 years$12,662$7,871$4,719$2,750$1,569$112
42 years$12,222$7,496$4,426$2,538$1,424$94
43 years$11,804$7,142$4,153$2,343$1,292$79
44 years$11,406$6,808$3,899$2,163$1,173$66
45 years$11,027$6,492$3,661$1,998$1,065$56
46 years$10,665$6,193$3,438$1,845$967$47
47 years$10,320$5,910$3,230$1,705$878$39
48 years$9,990$5,642$3,036$1,575$797$33
49 years$9,675$5,388$2,853$1,456$724$28
50 years$9,373$5,146$2,682$1,346$658$23

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 $2,473 every year, while hoping to spend $45,831 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: 58/34/8 Blend
39$9,600,000$9,600,000$9,600,000$9,600,000
40$10,581,751$10,072,951$9,924,151$11,176,379
41$11,612,326$10,517,762$10,207,846$12,021,212
42$12,746,483$10,982,832$10,499,509$12,936,227
43$13,994,740$11,469,107$10,799,358$13,932,413
44$15,368,685$11,977,574$11,107,618$15,017,549
45$16,881,086$12,509,271$11,424,519$16,200,184
46$18,546,013$13,065,281$11,750,297$17,489,718
47$20,378,969$13,646,743$12,085,194$18,896,484
48$22,397,037$14,254,846$12,429,461$20,431,847
49$24,619,039$14,890,838$12,783,352$22,108,304
50$27,065,716$15,556,024$13,147,130$23,939,600
51$29,759,924$16,251,774$13,521,063$25,940,852
52$32,726,847$16,979,521$13,905,429$28,128,692
53$35,994,235$17,740,767$14,300,511$30,521,417
54$39,592,668$18,537,086$14,706,599$33,139,157
55$43,555,842$19,370,125$15,123,992$36,004,062
56$47,920,889$20,241,613$15,552,997$39,140,506
57$52,728,724$21,153,357$15,993,927$42,575,313
58$58,024,436$22,107,253$16,447,106$46,338,004
59$63,857,708$23,105,288$16,912,863$50,461,070
60$70,283,289$24,149,542$17,391,539$54,980,276
61$77,361,511$25,242,196$17,883,482$59,934,989
62$85,158,855$26,385,533$18,389,049$65,368,547
63$93,748,582$27,581,948$18,908,605$71,328,658
64$103,211,422$28,833,948$19,442,528$77,867,848
65$113,636,337$30,144,161$19,991,203$85,043,948
66$125,121,359$31,515,342$20,555,025$92,920,631
67$137,774,519$32,950,374$21,134,399$101,568,008
68$151,714,861$34,452,284$21,729,742$111,063,281
69$167,073,568$36,024,237$22,341,480$121,491,462
70$183,995,204$37,669,556$22,970,051$132,946,172
71$202,639,070$39,391,720$23,615,903$145,530,508
72$223,180,716$41,194,375$24,279,497$159,358,013
73$245,813,592$43,081,343$24,961,303$174,553,735
74$270,750,878$45,056,628$25,661,806$191,255,398
75$298,227,492$47,124,427$26,381,501$209,614,692
76$328,502,311$49,289,139$27,120,897$229,798,692
77$361,860,614$51,555,374$27,880,514$251,991,422
78$398,616,773$53,927,964$28,660,887$276,395,586
79$439,117,221$56,411,971$29,462,564$303,234,460
80$483,743,722$59,012,702$30,286,105$332,753,994
81$532,916,978$61,735,721$31,132,086$365,225,114
82$587,100,595$64,586,857$32,001,096$400,946,268
83$646,805,463$67,572,220$32,893,740$440,246,224
84$712,594,576$70,698,214$33,810,636$483,487,164
85$785,088,350$73,971,554$34,752,419$531,068,078
86$864,970,477$77,399,275$35,719,740$583,428,519
87$952,994,378$80,988,752$36,713,264$641,052,730
88$1,049,990,320$84,747,717$37,733,674$704,474,198
89$1,156,873,250$88,684,272$38,781,669$774,280,670
90$1,274,651,431$92,806,911$39,857,965$851,119,675
91$1,404,435,967$97,124,539$40,963,296$935,704,624
92$1,547,451,282$101,646,489$42,098,414$1,028,821,511
93$1,705,046,690$106,382,543$43,264,087$1,131,336,318
94$1,878,709,123$111,342,959$44,461,105$1,244,203,155
95$2,070,077,176$116,538,486$45,690,275$1,368,473,248
96$2,280,956,572$121,980,396$46,952,423$1,505,304,832
97$2,513,337,209$127,680,503$48,248,396$1,655,974,055
98$2,769,411,948$133,651,191$49,579,061$1,821,886,995
99$3,051,597,312$139,905,444$50,945,305$2,004,592,902
100$3,362,556,302$146,456,875$52,348,036$2,205,798,790