Can I retire at age 40 with 10,200,000?

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 $10,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$842,306$834,804$827,484$820,339$813,362$789,541
2 years$416,983$409,217$401,691$394,394$387,315$363,509
3 years$275,228$267,428$259,921$252,692$245,729$222,683
4 years$204,364$196,588$189,156$182,050$175,256$153,148
5 years$161,856$154,127$146,793$139,832$133,227$112,116
6 years$133,527$125,857$118,630$111,825$105,418$85,324
7 years$113,300$105,694$98,582$91,937$85,733$66,656
8 years$98,137$90,599$83,606$77,124$71,124$53,052
9 years$86,349$78,883$72,009$65,692$59,896$42,812
10 years$76,925$69,532$62,779$56,628$51,035$34,914
11 years$69,219$61,900$55,270$49,283$43,892$28,707
12 years$62,802$55,558$49,051$43,228$38,036$23,757
13 years$57,377$50,208$43,824$38,164$33,168$19,763
14 years$52,730$45,638$39,376$33,877$29,075$16,510
15 years$48,707$41,691$35,551$30,213$25,600$13,840
16 years$45,190$38,251$32,232$27,052$22,625$11,635
17 years$42,090$35,227$29,330$24,306$20,061$9,804
18 years$39,337$32,552$26,775$21,905$17,837$8,278
19 years$36,878$30,169$24,511$19,793$15,899$7,000
20 years$34,667$28,034$22,495$17,926$14,201$5,928
21 years$32,669$26,113$20,691$16,269$12,708$5,026
22 years$30,855$24,375$19,070$14,792$11,391$4,265
23 years$29,201$22,798$17,608$13,472$10,225$3,622
24 years$27,688$21,360$16,284$12,287$9,191$3,079
25 years$26,297$20,045$15,082$11,221$8,270$2,618
26 years$25,016$18,839$13,988$10,260$7,450$2,228
27 years$23,831$17,730$12,989$9,391$6,716$1,896
28 years$22,734$16,707$12,075$8,604$6,060$1,615
29 years$21,713$15,761$11,237$7,890$5,472$1,375
30 years$20,763$14,885$10,467$7,241$4,945$1,172
31 years$19,875$14,071$9,758$6,651$4,470$998
32 years$19,045$13,314$9,104$6,112$4,044$851
33 years$18,267$12,609$8,501$5,621$3,660$725
34 years$17,536$11,950$7,943$5,172$3,313$618
35 years$16,848$11,334$7,426$4,761$3,001$527
36 years$16,200$10,758$6,947$4,384$2,719$450
37 years$15,588$10,218$6,502$4,040$2,464$384
38 years$15,010$9,710$6,089$3,723$2,234$327
39 years$14,463$9,234$5,704$3,433$2,026$279
40 years$13,945$8,785$5,347$3,167$1,838$238
41 years$13,453$8,363$5,014$2,922$1,667$203
42 years$12,986$7,964$4,703$2,696$1,513$173
43 years$12,542$7,588$4,413$2,489$1,373$148
44 years$12,119$7,233$4,142$2,298$1,246$126
45 years$11,716$6,898$3,890$2,122$1,131$108
46 years$11,332$6,580$3,653$1,961$1,027$92
47 years$10,965$6,279$3,432$1,811$933$78
48 years$10,615$5,994$3,225$1,674$847$67
49 years$10,279$5,724$3,032$1,547$769$57
50 years$9,959$5,468$2,850$1,430$699$49

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $10,200,000, adding $5,345 every year, while hoping to spend $21,133 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: 66/25/9 Blend
39$10,200,000$10,200,000$10,200,000$10,200,000
40$11,245,913$10,705,313$10,547,213$11,967,440
41$12,370,511$11,207,388$10,878,060$12,950,137
42$13,609,110$11,733,357$11,219,281$14,020,727
43$14,973,315$12,284,367$11,571,203$15,190,238
44$16,475,915$12,861,623$11,934,160$16,468,317
45$18,131,003$13,466,387$12,308,499$17,865,578
46$19,954,108$14,099,983$12,694,577$19,393,697
47$21,962,343$14,763,798$13,092,761$21,065,518
48$24,174,565$15,459,287$13,503,431$22,895,172
49$26,611,553$16,187,975$13,926,979$24,898,209
50$29,296,207$16,951,461$14,363,808$27,091,742
51$32,253,758$17,751,421$14,814,334$29,494,601
52$35,512,014$18,589,613$15,278,987$32,127,511
53$39,101,616$19,467,881$15,758,209$35,013,283
54$43,056,330$20,388,156$16,252,458$38,177,025
55$47,413,365$21,352,464$16,762,205$41,646,375
56$52,213,723$22,362,931$17,287,934$45,451,758
57$57,502,591$23,421,782$17,830,147$49,626,668
58$63,329,759$24,531,353$18,389,361$54,207,980
59$69,750,099$25,694,094$18,966,109$59,236,296
60$76,824,075$26,912,571$19,560,940$64,756,316
61$84,618,321$28,189,477$20,174,421$70,817,264
62$93,206,262$29,527,634$20,807,137$77,473,338
63$102,668,815$30,930,002$21,459,690$84,784,222
64$113,095,146$32,399,685$22,132,703$92,815,642
65$124,583,519$33,939,936$22,826,816$101,639,978
66$137,242,214$35,554,170$23,542,690$111,336,943
67$151,190,558$37,245,962$24,281,009$121,994,327
68$166,560,047$39,019,066$25,042,475$133,708,819
69$183,495,587$40,877,416$25,827,813$146,586,912
70$202,156,865$42,825,137$26,637,773$160,745,900
71$222,719,852$44,866,556$27,473,125$176,314,978
72$245,378,468$47,006,208$28,334,665$193,436,451
73$270,346,409$49,248,850$29,223,214$212,267,069
74$297,859,171$51,599,471$30,139,620$232,979,498
75$328,176,262$54,063,302$31,084,753$255,763,939
76$361,583,664$56,645,827$32,059,516$280,829,913
77$398,396,524$59,352,798$33,064,835$308,408,228
78$438,962,132$62,190,248$34,101,670$338,753,148
79$483,663,201$65,164,502$35,171,008$372,144,776
80$532,921,478$68,282,192$36,273,866$408,891,692
81$587,201,724$71,550,275$37,411,296$449,333,850
82$647,016,107$74,976,045$38,584,381$493,845,772
83$712,929,030$78,567,152$39,794,239$542,840,070
84$785,562,466$82,331,618$41,042,021$596,771,330
85$865,601,825$86,277,854$42,328,916$656,140,379
86$953,802,426$90,414,684$43,656,149$721,499,005
87$1,050,996,628$94,751,358$45,024,985$793,455,144
88$1,158,101,690$99,297,580$46,436,727$872,678,601
89$1,276,128,425$104,063,524$47,892,720$959,907,355
90$1,406,190,748$109,059,861$49,394,350$1,055,954,506
91$1,549,516,191$114,297,780$50,943,048$1,161,715,931
92$1,707,457,489$119,789,019$52,540,287$1,278,178,717
93$1,881,505,355$125,545,883$54,187,589$1,406,430,457
94$2,073,302,551$131,581,281$55,886,522$1,547,669,496
95$2,284,659,395$137,908,748$57,638,705$1,703,216,216
96$2,517,570,858$144,542,480$59,445,806$1,874,525,477
97$2,774,235,389$151,497,366$61,309,544$2,063,200,320
98$3,057,075,681$158,789,018$63,231,696$2,271,007,078
99$3,368,761,533$166,433,813$65,214,090$2,499,892,015
100$3,712,235,062$174,448,923$67,258,615$2,751,999,669