Can I retire at age 40 with 10,800,000?

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 $10,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$891,854$883,910$876,159$868,594$861,207$847,638
2 years$441,512$433,289$425,320$417,593$410,099$396,463
3 years$291,417$283,159$275,210$267,556$260,183$246,906
4 years$216,385$208,152$200,283$192,759$185,565$172,747
5 years$171,377$163,194$155,427$148,057$141,064$128,743
6 years$141,382$133,260$125,608$118,403$111,619$99,810
7 years$119,965$111,911$104,381$97,345$90,776$79,482
8 years$103,910$95,929$88,524$81,661$75,307$64,527
9 years$91,429$83,523$76,245$69,557$63,420$53,147
10 years$81,450$73,622$66,472$59,959$54,037$44,263
11 years$73,291$65,541$58,521$52,182$46,473$37,189
12 years$66,496$58,826$51,936$45,771$40,273$31,466
13 years$60,752$53,162$46,401$40,409$35,119$26,777
14 years$55,832$48,322$41,692$35,870$30,785$22,894
15 years$51,572$44,143$37,642$31,990$27,105$19,652
16 years$47,848$40,501$34,128$28,644$23,956$16,924
17 years$44,566$37,300$31,055$25,736$21,241$14,615
18 years$41,651$34,467$28,349$23,193$18,886$12,651
19 years$39,047$31,943$25,953$20,957$16,834$10,973
20 years$36,706$29,683$23,818$18,981$15,036$9,534
21 years$34,590$27,649$21,908$17,226$13,456$8,296
22 years$32,670$25,809$20,192$15,663$12,061$7,228
23 years$30,919$24,139$18,643$14,264$10,827$6,304
24 years$29,316$22,616$17,242$13,010$9,731$5,504
25 years$27,844$21,224$15,970$11,881$8,757$4,809
26 years$26,487$19,948$14,811$10,864$7,888$4,205
27 years$25,233$18,773$13,753$9,944$7,112$3,679
28 years$24,071$17,690$12,785$9,111$6,417$3,220
29 years$22,991$16,688$11,898$8,355$5,794$2,820
30 years$21,984$15,760$11,082$7,667$5,235$2,471
31 years$21,044$14,899$10,332$7,042$4,733$2,166
32 years$20,165$14,097$9,640$6,472$4,282$1,899
33 years$19,341$13,350$9,001$5,951$3,875$1,665
34 years$18,567$12,653$8,410$5,476$3,508$1,461
35 years$17,839$12,001$7,863$5,041$3,178$1,282
36 years$17,153$11,391$7,355$4,642$2,879$1,125
37 years$16,505$10,819$6,884$4,277$2,609$987
38 years$15,893$10,282$6,447$3,942$2,366$867
39 years$15,314$9,777$6,040$3,635$2,145$761
40 years$14,765$9,302$5,661$3,353$1,946$668
41 years$14,245$8,854$5,309$3,093$1,765$587
42 years$13,750$8,433$4,980$2,855$1,602$515
43 years$13,280$8,035$4,673$2,635$1,454$453
44 years$12,832$7,659$4,386$2,433$1,320$397
45 years$12,405$7,303$4,118$2,247$1,198$349
46 years$11,998$6,967$3,868$2,076$1,088$307
47 years$11,610$6,649$3,634$1,918$988$269
48 years$11,239$6,347$3,415$1,772$897$237
49 years$10,884$6,061$3,210$1,638$815$208
50 years$10,545$5,790$3,018$1,514$740$183

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $10,800,000, adding $2,397 every year, while hoping to spend $48,426 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: 73/19/8 Blend
39$10,800,000$10,800,000$10,800,000$10,800,000
40$11,904,073$11,331,673$11,164,273$12,757,714
41$13,066,763$11,835,400$11,486,751$13,824,781
42$14,346,425$12,362,186$11,818,409$14,986,773
43$15,754,938$12,913,111$12,159,504$16,258,017
44$17,305,393$13,489,305$12,510,298$17,649,290
45$19,012,213$14,091,950$12,871,063$19,172,453
46$20,891,291$14,722,288$13,242,076$20,840,563
47$22,960,139$15,381,617$13,623,622$22,667,990
48$25,238,056$16,071,299$14,015,996$24,670,554
49$27,746,303$16,792,758$14,419,497$26,865,668
50$30,508,311$17,547,488$14,834,436$29,272,506
51$33,549,899$18,337,055$15,261,129$31,912,174
52$36,899,515$19,163,098$15,699,903$34,807,914
53$40,588,509$20,027,333$16,151,094$37,985,315
54$44,651,426$20,931,561$16,615,044$41,472,554
55$49,126,331$21,877,668$17,092,108$45,300,658
56$54,055,171$22,867,628$17,582,648$49,503,796
57$59,484,169$23,903,511$18,087,037$54,119,596
58$65,464,258$24,987,487$18,605,657$59,189,496
59$72,051,567$26,121,829$19,138,900$64,759,134
60$79,307,944$27,308,916$19,687,171$70,878,774
61$87,301,547$28,551,245$20,250,883$77,603,777
62$96,107,479$29,851,430$20,830,462$84,995,117
63$105,808,502$31,212,211$21,426,344$93,119,956
64$116,495,820$32,636,459$22,038,976$102,052,273
65$128,269,931$34,127,184$22,668,820$111,873,552
66$141,241,585$35,687,537$23,316,346$122,673,556
67$155,532,824$37,320,823$23,982,041$134,551,160
68$171,278,134$39,030,505$24,666,401$147,615,286
69$188,625,715$40,820,212$25,369,938$161,985,921
70$207,738,883$42,693,747$26,093,175$177,795,245
71$228,797,603$44,655,095$26,836,651$195,188,875
72$252,000,198$46,708,434$27,600,918$214,327,231
73$277,565,213$48,858,141$28,386,543$235,387,043
74$305,733,480$51,108,806$29,194,108$258,563,016
75$336,770,394$53,465,237$30,024,209$284,069,655
76$370,968,414$55,932,473$30,877,461$312,143,289
77$408,649,827$58,515,799$31,754,490$343,044,289
78$450,169,787$61,220,751$32,655,943$377,059,521
79$495,919,670$64,053,132$33,582,481$414,505,041
80$546,330,766$67,019,025$34,534,785$455,729,077
81$601,878,354$70,124,807$35,513,550$501,115,297
82$663,086,184$73,377,161$36,519,492$551,086,431
83$730,531,424$76,783,092$37,553,344$606,108,245
84$804,850,108$80,349,942$38,615,860$666,693,927
85$886,743,139$84,085,409$39,707,811$733,408,926
86$976,982,906$87,997,561$40,829,990$806,876,271
87$1,076,420,577$92,094,855$41,983,208$887,782,445
88$1,185,994,130$96,386,157$43,168,300$976,883,853
89$1,306,737,213$100,880,761$44,386,120$1,075,013,945
90$1,439,788,899$105,588,408$45,637,545$1,183,091,075
91$1,586,404,438$110,519,311$46,923,474$1,302,127,152
92$1,747,967,110$115,684,177$48,244,830$1,433,237,179
93$1,926,001,281$121,094,227$49,602,557$1,577,649,765
94$2,122,186,795$126,761,228$50,997,627$1,736,718,702
95$2,338,374,834$132,697,514$52,431,033$1,911,935,733
96$2,576,605,389$138,916,015$53,903,795$2,104,944,612
97$2,839,126,526$145,430,286$55,416,959$2,317,556,606
98$3,128,415,601$152,254,539$56,971,596$2,551,767,571
99$3,447,202,654$159,403,674$58,568,806$2,809,776,777
100$3,798,496,179$166,893,308$60,209,716$3,094,007,644