Can I retire at age 40 with 10,100,000?

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 $10,100,000?

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$834,049$826,619$819,371$812,296$805,388$793,025
2 years$412,895$405,206$397,753$390,527$383,518$371,093
3 years$272,529$264,806$257,372$250,214$243,320$231,218
4 years$202,360$194,661$187,301$180,265$173,538$161,854
5 years$160,269$152,616$145,353$138,461$131,921$120,687
6 years$132,218$124,623$117,467$110,728$104,384$93,615
7 years$112,190$104,658$97,616$91,036$84,892$74,591
8 years$97,175$89,711$82,786$76,368$70,426$60,591
9 years$85,503$78,110$71,303$65,048$59,309$49,935
10 years$76,171$68,850$62,164$56,072$50,534$41,613
11 years$68,540$61,293$54,728$48,800$43,461$34,985
12 years$62,186$55,013$48,570$42,804$37,663$29,620
13 years$56,814$49,716$43,394$37,789$32,843$25,222
14 years$52,213$45,190$38,990$33,545$28,790$21,580
15 years$48,229$41,282$35,202$29,917$25,349$18,536
16 years$44,747$37,876$31,916$26,787$22,403$15,974
17 years$41,677$34,882$29,042$24,068$19,864$13,805
18 years$38,952$32,233$26,512$21,690$17,662$11,958
19 years$36,516$29,873$24,270$19,599$15,743$10,380
20 years$34,327$27,759$22,274$17,750$14,062$9,025
21 years$32,348$25,857$20,488$16,110$12,584$7,859
22 years$30,552$24,136$18,883$14,647$11,280$6,852
23 years$28,915$22,574$17,435$13,340$10,125$5,981
24 years$27,416$21,151$16,124$12,167$9,101$5,226
25 years$26,039$19,849$14,934$11,111$8,189$4,570
26 years$24,771$18,655$13,851$10,159$7,377$3,999
27 years$23,598$17,556$12,862$9,299$6,651$3,501
28 years$22,511$16,543$11,957$8,520$6,001$3,068
29 years$21,500$15,607$11,127$7,813$5,419$2,689
30 years$20,559$14,739$10,364$7,170$4,896$2,358
31 years$19,680$13,933$9,662$6,586$4,427$2,068
32 years$18,858$13,183$9,015$6,052$4,004$1,815
33 years$18,088$12,485$8,417$5,566$3,624$1,593
34 years$17,364$11,833$7,865$5,121$3,281$1,399
35 years$16,683$11,223$7,353$4,714$2,972$1,228
36 years$16,041$10,653$6,878$4,341$2,692$1,079
37 years$15,436$10,117$6,438$4,000$2,440$948
38 years$14,863$9,615$6,029$3,687$2,212$833
39 years$14,322$9,143$5,649$3,400$2,006$732
40 years$13,808$8,699$5,294$3,136$1,820$643
41 years$13,321$8,281$4,964$2,893$1,651$565
42 years$12,859$7,886$4,657$2,670$1,498$497
43 years$12,419$7,514$4,370$2,465$1,360$437
44 years$12,000$7,162$4,102$2,276$1,234$384
45 years$11,601$6,830$3,851$2,102$1,120$337
46 years$11,221$6,515$3,617$1,941$1,017$297
47 years$10,858$6,218$3,398$1,794$924$261
48 years$10,511$5,936$3,194$1,657$839$229
49 years$10,179$5,668$3,002$1,532$762$202
50 years$9,861$5,415$2,822$1,416$692$177

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $10,100,000, adding $3,542 every year, while hoping to spend $54,640 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: 52/40/8 Blend
39$10,100,000$10,100,000$10,100,000$10,100,000
40$11,133,854$10,598,554$10,442,004$11,690,366
41$12,211,370$11,059,746$10,733,674$12,530,112
42$13,396,962$11,541,706$11,033,284$13,436,644
43$14,701,595$12,045,393$11,341,043$14,421,185
44$16,137,353$12,571,812$11,657,162$15,491,101
45$17,717,548$13,122,015$11,981,862$16,654,479
46$19,456,849$13,697,106$12,315,366$17,920,206
47$21,371,421$14,298,237$12,657,904$19,298,049
48$23,479,073$14,926,618$13,009,711$20,798,740
49$25,799,430$15,583,514$13,371,028$22,434,077
50$28,354,117$16,270,251$13,742,103$24,217,027
51$31,166,961$16,988,218$14,123,187$26,161,848
52$34,264,218$17,738,867$14,514,541$28,284,218
53$37,674,819$18,523,723$14,916,429$30,601,376
54$41,430,645$19,344,379$15,329,123$33,132,283
55$45,566,824$20,202,507$15,752,902$35,897,794
56$50,122,067$21,099,856$16,188,051$38,920,849
57$55,139,028$22,038,259$16,634,861$42,226,684
58$60,664,711$23,019,636$17,093,631$45,843,065
59$66,750,911$24,045,998$17,564,667$49,800,542
60$73,454,703$25,119,451$18,048,283$54,132,730
61$80,838,981$26,242,202$18,544,798$58,876,624
62$88,973,049$27,416,563$19,054,542$64,072,934
63$97,933,281$28,644,955$19,577,849$69,766,470
64$107,803,832$29,929,915$20,115,064$76,006,550
65$118,677,443$31,274,100$20,666,539$82,847,462
66$130,656,307$32,680,296$21,232,633$90,348,965
67$143,853,039$34,151,419$21,813,714$98,576,847
68$158,391,736$35,690,526$22,410,161$107,603,534
69$174,409,149$37,300,818$23,022,357$117,508,766
70$192,055,974$38,985,649$23,650,698$128,380,338
71$211,498,274$40,748,537$24,295,587$140,314,919
72$232,919,045$42,593,162$24,957,436$153,418,954
73$256,519,945$44,523,384$25,636,667$167,809,654
74$282,523,196$46,543,246$26,333,712$183,616,095
75$311,173,682$48,656,986$27,049,012$200,980,420
76$342,741,262$50,869,042$27,783,018$220,059,168
77$377,523,312$53,184,066$28,536,190$241,024,739
78$415,847,538$55,606,934$29,309,001$264,067,006
79$458,075,066$58,142,753$30,101,931$289,395,092
80$504,603,851$60,796,876$30,915,474$317,239,329
81$555,872,433$63,574,913$31,750,132$347,853,413
82$612,364,079$66,482,741$32,606,420$381,516,786
83$674,611,342$69,526,522$33,484,861$418,537,249
84$743,201,088$72,712,711$34,385,994$459,253,855
85$818,780,039$76,048,074$35,310,365$504,040,086
86$902,060,876$79,539,702$36,258,534$553,307,358
87$993,828,963$83,195,026$37,231,073$607,508,883
88$1,094,949,769$87,021,833$38,228,565$667,143,926
89$1,206,377,029$91,028,287$39,251,607$732,762,489
90$1,329,161,756$95,222,943$40,300,805$804,970,485
91$1,464,462,154$99,614,766$41,376,781$884,435,426
92$1,613,554,558$104,213,154$42,480,168$971,892,699
93$1,777,845,482$109,027,957$43,611,612$1,068,152,480
94$1,958,884,893$114,069,499$44,771,773$1,174,107,349
95$2,158,380,848$119,348,600$45,961,323$1,290,740,688
96$2,378,215,615$124,876,603$47,180,948$1,419,135,928
97$2,620,463,447$130,665,395$48,431,349$1,560,486,745
98$2,887,410,157$136,727,438$49,713,238$1,716,108,291
99$3,181,574,704$143,075,793$51,027,342$1,887,449,571
100$3,505,732,969$149,724,153$52,374,403$2,076,107,083