Can I retire at age 40 with 10,000,000?

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 $10,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$825,791$818,435$811,258$804,254$797,414$770,963
2 years$408,807$401,194$393,815$386,660$379,721$353,329
3 years$269,831$262,184$254,824$247,737$240,911$215,405
4 years$200,356$192,733$185,447$178,481$171,819$147,397
5 years$158,683$151,105$143,914$137,090$130,614$107,339
6 years$130,909$123,389$116,304$109,632$103,351$81,242
7 years$111,079$103,622$96,649$90,135$84,052$63,107
8 years$96,213$88,823$81,966$75,612$69,729$49,932
9 years$84,656$77,336$70,598$64,404$58,722$40,049
10 years$75,417$68,168$61,549$55,517$50,034$32,456
11 years$67,862$60,686$54,186$48,317$43,031$26,514
12 years$61,571$54,469$48,089$42,380$37,290$21,798
13 years$56,251$49,224$42,964$37,415$32,517$18,010
14 years$51,696$44,743$38,604$33,213$28,505$14,942
15 years$47,752$40,874$34,854$29,620$25,098$12,437
16 years$44,304$37,501$31,600$26,522$22,181$10,381
17 years$41,265$34,537$28,755$23,830$19,668$8,683
18 years$38,566$31,914$26,250$21,475$17,487$7,277
19 years$36,155$29,577$24,030$19,405$15,587$6,108
20 years$33,987$27,484$22,054$17,575$13,923$5,133
21 years$32,028$25,601$20,285$15,950$12,459$4,318
22 years$30,250$23,897$18,696$14,502$11,168$3,636
23 years$28,629$22,351$17,262$13,208$10,025$3,064
24 years$27,145$20,941$15,965$12,046$9,011$2,584
25 years$25,782$19,652$14,787$11,001$8,108$2,180
26 years$24,525$18,470$13,714$10,059$7,304$1,840
27 years$23,364$17,382$12,734$9,207$6,585$1,553
28 years$22,288$16,379$11,838$8,436$5,942$1,312
29 years$21,288$15,452$11,017$7,736$5,365$1,108
30 years$20,356$14,593$10,262$7,099$4,848$936
31 years$19,486$13,795$9,567$6,520$4,383$791
32 years$18,672$13,053$8,926$5,992$3,965$669
33 years$17,909$12,361$8,334$5,510$3,588$566
34 years$17,192$11,716$7,787$5,070$3,248$478
35 years$16,518$11,112$7,280$4,667$2,942$404
36 years$15,882$10,547$6,810$4,298$2,666$342
37 years$15,283$10,017$6,374$3,960$2,416$289
38 years$14,716$9,520$5,969$3,650$2,190$245
39 years$14,180$9,053$5,593$3,366$1,986$207
40 years$13,672$8,613$5,242$3,105$1,802$175
41 years$13,189$8,199$4,915$2,864$1,635$148
42 years$12,731$7,808$4,611$2,643$1,483$125
43 years$12,296$7,439$4,327$2,440$1,346$106
44 years$11,881$7,091$4,061$2,253$1,222$90
45 years$11,486$6,762$3,813$2,081$1,109$76
46 years$11,110$6,451$3,582$1,922$1,007$64
47 years$10,750$6,156$3,365$1,776$914$54
48 years$10,406$5,877$3,162$1,641$830$46
49 years$10,078$5,612$2,972$1,516$754$39
50 years$9,763$5,361$2,794$1,402$685$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $10,000,000, adding $5,564 every year, while hoping to spend $25,641 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: 63/16/21 Blend
39$10,000,000$10,000,000$10,000,000$10,000,000
40$11,025,739$10,495,739$10,340,739$11,660,183
41$12,123,083$10,982,749$10,659,872$12,575,640
42$13,331,496$11,492,762$10,988,837$13,571,659
43$14,662,281$12,026,880$11,327,935$14,658,882
44$16,127,892$12,586,255$11,677,479$15,846,218
45$17,742,051$13,172,096$12,037,789$17,143,467
46$19,519,883$13,785,671$12,409,197$18,561,412
47$21,478,049$14,428,307$12,792,044$20,111,919
48$23,634,913$15,101,397$13,186,680$21,808,047
49$26,010,710$15,806,401$13,593,470$23,664,167
50$28,627,736$16,544,849$14,012,785$25,696,099
51$31,510,564$17,318,345$14,445,011$27,921,252
52$34,686,267$18,128,570$14,890,545$30,358,793
53$38,184,684$18,977,287$15,349,796$33,029,822
54$42,038,692$19,866,345$15,823,185$35,957,566
55$46,284,523$20,797,680$16,311,146$39,167,598
56$50,962,103$21,773,324$16,814,127$42,688,076
57$56,115,426$22,795,407$17,332,590$46,550,002
58$61,792,978$23,866,159$17,867,009$50,787,513
59$68,048,183$24,987,923$18,417,876$55,438,201
60$74,939,918$26,163,151$18,985,695$60,543,463
61$82,533,060$27,394,416$19,570,986$66,148,885
62$90,899,105$28,684,416$20,174,287$72,304,672
63$100,116,839$30,035,977$20,796,150$79,066,118
64$110,273,080$31,452,064$21,437,146$86,494,120
65$121,463,505$32,935,785$22,097,861$94,655,749
66$133,793,544$34,490,400$22,778,900$103,624,881
67$147,379,381$36,119,325$23,480,889$113,482,887
68$162,349,049$37,826,143$24,204,469$124,319,395
69$178,843,637$39,614,609$24,950,304$136,233,133
70$197,018,625$41,488,662$25,719,077$149,332,854
71$217,045,350$43,452,432$26,511,491$163,738,356
72$239,112,621$45,510,246$27,328,271$179,581,606
73$263,428,506$47,666,647$28,170,167$197,007,981
74$290,222,294$49,926,392$29,037,947$216,177,634
75$319,746,656$52,294,473$29,932,406$237,266,995
76$352,280,036$54,776,124$30,854,363$260,470,432
77$388,129,277$57,376,831$31,804,661$286,002,077
78$427,632,515$60,102,348$32,784,170$314,097,842
79$471,162,376$62,958,708$33,793,784$345,017,631
80$519,129,491$65,952,236$34,834,428$379,047,790
81$571,986,371$69,089,568$35,907,053$416,503,802
82$630,231,680$72,377,657$37,012,639$457,733,250
83$694,414,947$75,823,797$38,152,198$503,119,092
84$765,141,746$79,435,637$39,326,770$553,083,264
85$843,079,416$83,221,196$40,537,430$608,090,653
86$928,963,366$87,188,883$41,785,283$668,653,474
87$1,023,604,008$91,347,518$43,071,469$735,336,094
88$1,127,894,417$95,706,346$44,397,163$808,760,344
89$1,242,818,756$100,275,065$45,763,576$889,611,381
90$1,369,461,569$105,063,844$47,171,956$978,644,138
91$1,509,018,021$110,083,344$48,623,589$1,076,690,439
92$1,662,805,180$115,344,748$50,119,800$1,184,666,837
93$1,832,274,449$120,859,782$51,661,954$1,303,583,247
94$2,019,025,273$126,640,741$53,251,459$1,434,552,470
95$2,224,820,234$132,700,520$54,889,766$1,578,800,674
96$2,451,601,693$139,052,642$56,578,369$1,737,678,960
97$2,701,510,131$145,711,286$58,318,809$1,912,676,089
98$2,976,904,348$152,691,323$60,112,674$2,105,432,526
99$3,280,383,742$160,008,348$61,961,598$2,317,755,899
100$3,614,812,841$167,678,715$63,867,269$2,551,638,048