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%15.4%
1 years$891,854$883,910$876,159$868,594$861,207$842,099
2 years$441,512$433,289$425,320$417,593$410,099$390,946
3 years$291,417$283,159$275,210$267,556$260,183$241,586
4 years$216,385$208,152$200,283$192,759$185,565$167,665
5 years$171,377$163,194$155,427$148,057$141,064$123,911
6 years$141,382$133,260$125,608$118,403$111,619$95,232
7 years$119,965$111,911$104,381$97,345$90,776$75,158
8 years$103,910$95,929$88,524$81,661$75,307$60,453
9 years$91,429$83,523$76,245$69,557$63,420$49,318
10 years$81,450$73,622$66,472$59,959$54,037$40,672
11 years$73,291$65,541$58,521$52,182$46,473$33,829
12 years$66,496$58,826$51,936$45,771$40,273$28,328
13 years$60,752$53,162$46,401$40,409$35,119$23,852
14 years$55,832$48,322$41,692$35,870$30,785$20,174
15 years$51,572$44,143$37,642$31,990$27,105$17,126
16 years$47,848$40,501$34,128$28,644$23,956$14,584
17 years$44,566$37,300$31,055$25,736$21,241$12,451
18 years$41,651$34,467$28,349$23,193$18,886$10,653
19 years$39,047$31,943$25,953$20,957$16,834$9,131
20 years$36,706$29,683$23,818$18,981$15,036$7,839
21 years$34,590$27,649$21,908$17,226$13,456$6,738
22 years$32,670$25,809$20,192$15,663$12,061$5,799
23 years$30,919$24,139$18,643$14,264$10,827$4,995
24 years$29,316$22,616$17,242$13,010$9,731$4,307
25 years$27,844$21,224$15,970$11,881$8,757$3,715
26 years$26,487$19,948$14,811$10,864$7,888$3,207
27 years$25,233$18,773$13,753$9,944$7,112$2,770
28 years$24,071$17,690$12,785$9,111$6,417$2,394
29 years$22,991$16,688$11,898$8,355$5,794$2,069
30 years$21,984$15,760$11,082$7,667$5,235$1,789
31 years$21,044$14,899$10,332$7,042$4,733$1,548
32 years$20,165$14,097$9,640$6,472$4,282$1,339
33 years$19,341$13,350$9,001$5,951$3,875$1,159
34 years$18,567$12,653$8,410$5,476$3,508$1,003
35 years$17,839$12,001$7,863$5,041$3,178$868
36 years$17,153$11,391$7,355$4,642$2,879$752
37 years$16,505$10,819$6,884$4,277$2,609$651
38 years$15,893$10,282$6,447$3,942$2,366$564
39 years$15,314$9,777$6,040$3,635$2,145$488
40 years$14,765$9,302$5,661$3,353$1,946$423
41 years$14,245$8,854$5,309$3,093$1,765$366
42 years$13,750$8,433$4,980$2,855$1,602$317
43 years$13,280$8,035$4,673$2,635$1,454$275
44 years$12,832$7,659$4,386$2,433$1,320$238
45 years$12,405$7,303$4,118$2,247$1,198$206
46 years$11,998$6,967$3,868$2,076$1,088$179
47 years$11,610$6,649$3,634$1,918$988$155
48 years$11,239$6,347$3,415$1,772$897$134
49 years$10,884$6,061$3,210$1,638$815$116
50 years$10,545$5,790$3,018$1,514$740$101

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 $3,824 every year, while hoping to spend $45,277 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: 78/5/17 Blend
39$10,800,000$10,800,000$10,800,000$10,800,000
40$11,905,544$11,333,144$11,165,744$12,789,373
41$13,071,736$11,840,294$11,491,623$13,880,210
42$14,355,361$12,370,777$11,826,900$15,070,427
43$15,768,350$12,925,688$12,171,844$16,374,823
44$17,323,850$13,506,175$12,526,729$17,804,808
45$19,036,346$14,113,440$12,891,837$19,372,946
46$20,921,798$14,748,743$13,267,459$21,093,072
47$22,997,794$15,413,404$13,653,891$22,980,427
48$25,283,714$16,108,806$14,051,442$25,051,794
49$27,800,913$16,836,397$14,460,424$27,325,661
50$30,572,920$17,597,695$14,881,163$29,822,390
51$33,625,667$18,394,291$15,313,991$32,564,412
52$36,987,724$19,227,851$15,759,249$35,576,433
53$40,690,577$20,100,120$16,217,289$38,885,670
54$44,768,919$21,012,929$16,688,471$42,522,104
55$49,260,981$21,968,195$17,173,167$46,518,763
56$54,208,890$22,967,926$17,671,758$50,912,029
57$59,659,070$24,014,228$18,184,635$55,741,986
58$65,662,676$25,109,306$18,712,200$61,052,792
59$72,276,079$26,255,471$19,254,869$66,893,094
60$79,561,397$27,455,147$19,813,065$73,316,489
61$87,587,081$28,710,871$20,387,224$80,382,027
62$96,428,564$30,025,304$20,977,797$88,154,762
63$106,168,967$31,401,234$21,585,243$96,706,371
64$116,899,890$32,841,582$22,210,036$106,115,825
65$128,722,269$34,349,410$22,852,663$116,470,133
66$141,747,337$35,927,928$23,513,624$127,865,161
67$156,097,666$37,580,498$24,193,431$140,406,535
68$171,908,331$39,310,644$24,892,614$154,210,637
69$189,328,177$41,122,063$25,611,713$169,405,699
70$208,521,232$43,018,624$26,351,286$186,133,012
71$229,668,247$45,004,387$27,111,904$204,548,258
72$252,968,411$47,083,604$27,894,155$224,822,977
73$278,641,222$49,260,734$28,698,643$247,146,181
74$306,928,567$51,540,450$29,525,987$271,726,141
75$338,096,997$53,927,648$30,376,824$298,792,344
76$372,440,251$56,427,464$31,251,808$328,597,660
77$410,282,025$59,045,277$32,151,611$361,420,724
78$451,979,024$61,786,728$33,076,923$397,568,565
79$497,924,337$64,657,730$34,028,452$437,379,500
80$548,551,140$67,664,480$35,006,926$481,226,324
81$604,336,791$70,813,474$36,013,093$529,519,827
82$665,807,331$74,111,522$37,047,719$582,712,666
83$733,542,454$77,565,762$38,111,593$641,303,636
84$808,180,977$81,183,677$39,205,524$705,842,372
85$890,426,871$84,973,112$40,330,344$776,934,539
86$981,055,907$88,942,289$41,486,905$855,247,539
87$1,080,922,977$93,099,829$42,676,084$941,516,811
88$1,190,970,169$97,454,768$43,898,781$1,036,552,768
89$1,312,235,655$102,016,581$45,155,919$1,141,248,441
90$1,445,863,496$106,795,197$46,448,446$1,256,587,907
91$1,593,114,441$111,801,030$47,777,338$1,383,655,573
92$1,755,377,828$117,044,995$49,143,592$1,523,646,407
93$1,934,184,700$122,538,533$50,548,236$1,677,877,214
94$2,131,222,260$128,293,642$51,992,323$1,847,799,062
95$2,348,349,800$134,322,900$53,476,935$2,035,010,971
96$2,587,616,248$140,639,491$55,003,181$2,241,275,010
97$2,851,279,520$147,257,240$56,572,202$2,468,532,914
98$3,141,827,828$154,190,642$58,185,168$2,718,924,420
99$3,462,003,173$161,454,890$59,843,278$2,994,807,452
100$3,814,827,235$169,065,918$61,547,765$3,298,780,374