Can I retire at age 40 with 10,300,000?

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 $10,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$850,564$842,988$835,596$828,381$821,336$804,753
2 years$421,071$413,229$405,629$398,260$391,113$374,478
3 years$277,926$270,050$262,469$255,169$248,138$231,971
4 years$206,367$198,515$191,010$183,835$176,974$161,399
5 years$163,443$155,638$148,232$141,203$134,533$119,594
6 years$134,836$127,090$119,793$112,921$106,451$92,165
7 years$114,411$106,730$99,549$92,839$86,573$72,943
8 years$99,099$91,488$84,425$77,880$71,821$58,842
9 years$87,196$79,656$72,715$66,337$60,484$48,147
10 years$77,679$70,213$63,395$57,183$51,535$39,830
11 years$69,898$62,507$55,812$49,766$44,322$33,233
12 years$63,418$56,103$49,532$43,652$38,408$27,920
13 years$57,939$50,700$44,253$38,538$33,493$23,587
14 years$53,247$46,085$39,762$34,210$29,360$20,018
15 years$49,184$42,100$35,900$30,509$25,851$17,053
16 years$45,633$38,626$32,548$27,317$22,847$14,573
17 years$42,503$35,573$29,618$24,544$20,258$12,486
18 years$39,723$32,871$27,037$22,120$18,012$10,722
19 years$37,239$30,464$24,751$19,987$16,055$9,225
20 years$35,006$28,309$22,715$18,102$14,340$7,949
21 years$32,989$26,369$20,894$16,429$12,833$6,859
22 years$31,157$24,614$19,257$14,937$11,503$5,926
23 years$29,487$23,021$17,780$13,604$10,326$5,125
24 years$27,959$21,569$16,444$12,407$9,281$4,436
25 years$26,555$20,242$15,230$11,331$8,351$3,842
26 years$25,261$19,024$14,125$10,361$7,523$3,330
27 years$24,065$17,904$13,116$9,483$6,782$2,888
28 years$22,956$16,871$12,193$8,689$6,120$2,505
29 years$21,926$15,916$11,347$7,968$5,526$2,175
30 years$20,966$15,031$10,569$7,312$4,993$1,888
31 years$20,070$14,209$9,854$6,716$4,514$1,640
32 years$19,232$13,444$9,194$6,172$4,083$1,425
33 years$18,446$12,732$8,584$5,676$3,696$1,238
34 years$17,708$12,067$8,020$5,222$3,346$1,076
35 years$17,013$11,446$7,499$4,807$3,030$935
36 years$16,359$10,863$7,015$4,427$2,746$813
37 years$15,741$10,318$6,566$4,079$2,489$707
38 years$15,158$9,806$6,148$3,760$2,256$615
39 years$14,605$9,324$5,760$3,467$2,046$535
40 years$14,082$8,871$5,399$3,198$1,856$465
41 years$13,585$8,445$5,063$2,950$1,684$405
42 years$13,113$8,042$4,749$2,723$1,528$352
43 years$12,665$7,663$4,456$2,513$1,386$306
44 years$12,238$7,304$4,183$2,321$1,258$267
45 years$11,831$6,965$3,928$2,143$1,142$232
46 years$11,443$6,644$3,689$1,980$1,037$202
47 years$11,073$6,341$3,466$1,829$942$176
48 years$10,719$6,053$3,257$1,690$855$153
49 years$10,380$5,780$3,061$1,562$777$133
50 years$10,056$5,522$2,878$1,444$706$116

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $10,300,000, adding $6,518 every year, while hoping to spend $30,388 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: 39/50/11 Blend
39$10,300,000$10,300,000$10,300,000$10,300,000
40$11,357,323$10,811,423$10,651,773$11,762,232
41$12,483,438$11,308,850$10,976,275$12,546,659
42$13,723,397$11,829,633$11,310,629$13,390,800
43$15,088,782$12,374,883$11,655,134$14,302,835
44$16,592,353$12,945,767$12,010,095$15,288,896
45$18,248,170$13,543,507$12,375,831$16,355,702
46$20,071,727$14,169,383$12,752,665$17,510,621
47$22,080,098$14,824,737$13,140,934$18,761,733
48$24,292,095$15,510,977$13,540,983$20,117,901
49$26,728,451$16,229,577$13,953,168$21,588,849
50$29,412,011$16,982,084$14,377,856$23,185,249
51$32,367,946$17,770,117$14,815,425$24,918,810
52$35,623,999$18,595,374$15,266,264$26,802,392
53$39,210,736$19,459,637$15,730,773$28,850,111
54$43,161,843$20,364,771$16,209,366$31,077,470
55$47,514,438$21,312,732$16,702,467$33,501,496
56$52,309,426$22,305,571$17,210,515$36,140,894
57$57,591,881$23,345,438$17,733,960$39,016,215
58$63,411,474$24,434,585$18,273,269$42,150,042
59$69,822,939$25,575,374$18,828,918$45,567,192
60$76,886,594$26,770,283$19,401,402$49,294,943
61$84,668,905$28,021,906$19,991,228$53,363,281
62$93,243,119$29,332,964$20,598,920$57,805,171
63$102,689,949$30,706,311$21,225,015$62,656,860
64$113,098,341$32,144,938$21,870,070$67,958,208
65$124,566,310$33,651,978$22,534,656$73,753,049
66$137,201,868$35,230,719$23,219,361$80,089,596
67$151,124,042$36,884,608$23,924,793$87,020,879
68$166,463,996$38,617,255$24,651,575$94,605,238
69$183,366,272$40,432,450$25,400,352$102,906,852
70$201,990,154$42,334,161$26,171,786$111,996,337
71$222,511,168$44,326,553$26,966,559$121,951,392
72$245,122,742$46,413,990$27,785,374$132,857,518
73$270,038,034$48,601,048$28,628,956$144,808,807
74$297,491,938$50,892,523$29,498,050$157,908,815
75$327,743,306$53,293,447$30,393,425$172,271,515
76$361,077,389$55,809,093$31,315,871$188,022,361
77$397,808,534$58,444,989$32,266,204$205,299,443
78$438,283,145$61,206,934$33,245,262$224,254,777
79$482,882,957$64,101,005$34,253,910$245,055,712
80$532,028,641$67,133,577$35,293,038$267,886,485
81$586,183,771$70,311,330$36,363,563$292,949,943
82$645,859,202$73,641,272$37,466,430$320,469,424
83$711,617,895$77,130,749$38,602,609$350,690,839
84$784,080,228$80,787,463$39,773,104$383,884,969
85$863,929,854$84,619,492$40,978,946$420,349,989
86$951,920,156$88,635,303$42,221,197$460,414,250
87$1,048,881,356$92,843,777$43,500,951$504,439,348
88$1,155,728,356$97,254,225$44,819,336$552,823,500
89$1,273,469,376$101,876,409$46,177,511$606,005,273
90$1,403,215,466$106,720,567$47,576,671$664,467,679
91$1,546,191,003$111,797,434$49,018,049$728,742,701
92$1,703,745,242$117,118,265$50,502,910$799,416,271
93$1,877,365,061$122,694,864$52,032,562$877,133,757
94$2,068,688,991$128,539,607$53,608,347$962,606,014
95$2,279,522,693$134,665,472$55,231,651$1,056,616,042
96$2,511,855,996$141,086,068$56,903,900$1,160,026,331
97$2,767,881,689$147,815,667$58,626,562$1,273,786,950
98$3,050,016,218$154,869,232$60,401,149$1,398,944,459
99$3,360,922,503$162,262,455$62,229,218$1,536,651,738
100$3,703,535,075$170,011,792$64,112,373$1,688,178,801