Can I retire at age 40 with 10,900,000?

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 $10,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$900,112$892,094$884,272$876,637$869,181$861,899
2 years$445,600$437,301$429,258$421,460$413,896$406,556
3 years$294,116$285,781$277,758$270,033$262,593$255,423
4 years$218,389$210,079$202,137$194,544$187,283$180,339
5 years$172,964$164,705$156,867$149,428$142,370$135,671
6 years$142,691$134,494$126,772$119,499$112,652$106,208
7 years$121,076$112,948$105,348$98,247$91,616$85,429
8 years$104,872$96,817$89,343$82,417$76,005$70,075
9 years$92,275$84,297$76,951$70,201$64,007$58,332
10 years$82,204$74,303$67,088$60,514$54,537$49,115
11 years$73,969$66,148$59,063$52,665$46,904$41,729
12 years$67,112$59,371$52,417$46,194$40,646$35,714
13 years$61,314$53,654$46,831$40,783$35,444$30,750
14 years$56,349$48,770$42,078$36,202$31,070$26,608
15 years$52,049$44,552$37,991$32,286$27,356$23,120
16 years$48,291$40,876$34,444$28,909$24,178$20,160
17 years$44,978$37,645$31,343$25,974$21,438$17,632
18 years$42,037$34,786$28,612$23,408$19,061$15,460
19 years$39,408$32,239$26,193$21,151$16,990$13,586
20 years$37,046$29,958$24,039$19,156$15,176$11,962
21 years$34,911$27,905$22,111$17,386$13,580$10,550
22 years$32,972$26,048$20,379$15,808$12,173$9,318
23 years$31,205$24,362$18,816$14,396$10,927$8,240
24 years$29,588$22,826$17,402$13,130$9,822$7,295
25 years$28,102$21,421$16,117$11,991$8,838$6,464
26 years$26,733$20,132$14,948$10,964$7,961$5,733
27 years$25,467$18,947$13,881$10,036$7,177$5,089
28 years$24,294$17,853$12,904$9,195$6,476$4,520
29 years$23,203$16,843$12,008$8,432$5,848$4,017
30 years$22,188$15,906$11,185$7,738$5,284$3,571
31 years$21,239$15,037$10,428$7,107$4,777$3,177
32 years$20,352$14,228$9,729$6,532$4,321$2,827
33 years$19,520$13,474$9,084$6,006$3,911$2,517
34 years$18,739$12,770$8,488$5,526$3,541$2,241
35 years$18,004$12,112$7,935$5,087$3,207$1,997
36 years$17,312$11,496$7,423$4,685$2,906$1,779
37 years$16,658$10,919$6,948$4,317$2,634$1,586
38 years$16,041$10,377$6,507$3,979$2,388$1,413
39 years$15,456$9,867$6,096$3,669$2,165$1,260
40 years$14,902$9,388$5,714$3,384$1,964$1,124
41 years$14,376$8,936$5,358$3,122$1,782$1,002
42 years$13,877$8,511$5,026$2,881$1,617$894
43 years$13,403$8,109$4,716$2,660$1,467$797
44 years$12,951$7,730$4,427$2,456$1,332$711
45 years$12,520$7,371$4,157$2,268$1,209$635
46 years$12,110$7,032$3,904$2,095$1,098$566
47 years$11,718$6,710$3,668$1,936$997$505
48 years$11,343$6,406$3,447$1,789$905$451
49 years$10,985$6,117$3,240$1,653$822$402
50 years$10,642$5,843$3,046$1,528$747$359

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $10,900,000, adding $2,279 every year, while hoping to spend $52,409 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: 30/46/24 Blend
39$10,900,000$10,900,000$10,900,000$10,900,000
40$12,014,151$11,436,451$11,267,501$12,285,070
41$13,183,831$11,941,074$11,589,199$12,998,617
42$14,471,063$12,468,667$11,919,918$13,760,900
43$15,887,780$13,020,301$12,259,904$14,579,893
44$17,447,134$13,597,096$12,609,411$15,460,547
45$19,163,613$14,200,225$12,968,698$16,408,285
46$21,053,186$14,830,920$13,338,033$17,429,045
47$23,133,443$15,490,468$13,717,690$18,529,332
48$25,423,771$16,180,217$14,107,949$19,716,275
49$27,945,530$16,901,582$14,509,100$20,997,691
50$30,722,257$17,656,043$14,921,438$22,382,148
51$33,779,888$18,445,150$15,345,267$23,879,045
52$37,147,002$19,270,528$15,780,899$25,498,692
53$40,855,091$20,133,879$16,228,654$27,252,400
54$44,938,857$21,036,985$16,688,860$29,152,584
55$49,436,538$21,981,715$17,161,855$31,212,869
56$54,390,271$22,970,025$17,647,983$33,448,218
57$59,846,488$24,003,966$18,147,600$35,875,057
58$65,856,354$25,085,684$18,661,068$38,511,428
59$72,476,250$26,217,431$19,188,762$41,377,150
60$79,768,306$27,401,563$19,731,064$44,493,995
61$87,800,985$28,640,552$20,288,367$47,885,888
62$96,649,731$29,936,984$20,861,073$51,579,117
63$106,397,680$31,293,573$21,449,595$55,602,581
64$117,136,445$32,713,160$22,054,358$59,988,042
65$128,966,980$34,198,721$22,675,796$64,770,420
66$142,000,531$35,753,378$23,314,354$69,988,111
67$156,359,690$37,380,399$23,970,490$75,683,333
68$172,179,549$39,083,209$24,644,673$81,902,517
69$189,608,976$40,865,399$25,337,382$88,696,732
70$208,812,019$42,730,731$26,049,112$96,122,148
71$229,969,454$44,683,146$26,780,366$104,240,559
72$253,280,494$46,726,775$27,531,664$113,119,946
73$278,964,665$48,865,949$28,303,536$122,835,106
74$307,263,883$51,105,202$29,096,526$133,468,340
75$338,444,734$53,449,292$29,911,194$145,110,216
76$372,800,989$55,903,199$30,748,112$157,860,400
77$410,656,381$58,472,147$31,607,865$171,828,584
78$452,367,659$61,161,609$32,491,055$187,135,500
79$498,327,953$63,977,321$33,398,298$203,914,038
80$548,970,489$66,925,295$34,330,226$222,310,480
81$604,772,676$70,011,831$35,287,486$242,485,859
82$666,260,612$73,243,535$36,270,740$264,617,455
83$734,014,054$76,627,327$37,280,669$288,900,444
84$808,671,885$80,170,463$38,317,969$315,549,715
85$890,938,149$83,880,548$39,383,352$344,801,872
86$981,588,696$87,765,551$40,477,551$376,917,438
87$1,081,478,508$91,833,827$41,601,313$412,183,287
88$1,191,549,764$96,094,133$42,755,406$450,915,322
89$1,312,840,743$100,555,649$43,940,615$493,461,420
90$1,446,495,619$105,227,995$45,157,745$540,204,689
91$1,593,775,262$110,121,258$46,407,620$591,567,044
92$1,756,069,148$115,246,008$47,691,085$648,013,157
93$1,934,908,468$120,613,329$49,009,003$710,054,802
94$2,131,980,586$126,234,837$50,362,259$778,255,648
95$2,349,144,972$132,122,710$51,751,761$853,236,536
96$2,588,450,750$138,289,713$53,178,435$935,681,298
97$2,852,156,045$144,749,229$54,643,232$1,026,343,163
98$3,142,749,306$151,515,285$56,147,124$1,126,051,824
99$3,462,972,790$158,602,588$57,691,107$1,235,721,214
100$3,815,848,455$166,026,556$59,276,200$1,356,358,086