Can I retire at age 40 with 11,000,000?

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 $11,000,000?

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$908,370$900,278$892,384$884,679$877,155$857,693
2 years$449,688$441,313$433,196$425,327$417,693$398,186
3 years$296,814$288,403$280,307$272,511$265,002$246,059
4 years$220,392$212,007$203,991$196,329$189,001$170,770
5 years$174,551$166,216$158,306$150,799$143,676$126,206
6 years$144,000$135,728$127,935$120,595$113,686$96,996
7 years$122,187$113,984$106,314$99,148$92,457$76,550
8 years$105,834$97,705$90,163$83,173$76,702$61,573
9 years$93,122$85,070$77,657$70,845$64,594$50,231
10 years$82,958$74,985$67,703$61,069$55,037$41,425
11 years$74,648$66,755$59,605$53,148$47,334$34,455
12 years$67,728$59,915$52,898$46,618$41,019$28,853
13 years$61,877$54,146$47,261$41,157$35,769$24,294
14 years$56,866$49,217$42,464$36,534$31,355$20,548
15 years$52,527$44,961$38,339$32,582$27,607$17,444
16 years$48,734$41,251$34,760$29,174$24,400$14,854
17 years$45,391$37,990$31,630$26,213$21,634$12,681
18 years$42,423$35,105$28,874$23,623$19,236$10,850
19 years$39,770$32,535$26,433$21,345$17,146$9,300
20 years$37,386$30,233$24,259$19,332$15,315$7,984
21 years$35,231$28,161$22,314$17,545$13,705$6,863
22 years$33,275$26,287$20,566$15,953$12,285$5,906
23 years$31,491$24,586$18,989$14,528$11,027$5,088
24 years$29,859$23,035$17,561$13,251$9,912$4,386
25 years$28,360$21,617$16,265$12,101$8,919$3,784
26 years$26,978$20,317$15,085$11,065$8,034$3,267
27 years$25,701$19,121$14,008$10,128$7,243$2,821
28 years$24,517$18,017$13,022$9,279$6,536$2,438
29 years$23,416$16,997$12,118$8,509$5,902$2,107
30 years$22,391$16,052$11,288$7,809$5,332$1,822
31 years$21,434$15,175$10,523$7,172$4,821$1,576
32 years$20,539$14,358$9,818$6,592$4,361$1,364
33 years$19,699$13,597$9,167$6,061$3,947$1,180
34 years$18,911$12,887$8,565$5,577$3,573$1,021
35 years$18,169$12,223$8,008$5,134$3,236$884
36 years$17,471$11,602$7,491$4,728$2,932$766
37 years$16,811$11,019$7,012$4,357$2,658$663
38 years$16,188$10,472$6,566$4,016$2,409$574
39 years$15,598$9,958$6,152$3,702$2,185$497
40 years$15,039$9,474$5,766$3,415$1,982$431
41 years$14,508$9,018$5,407$3,151$1,798$373
42 years$14,005$8,589$5,072$2,908$1,632$323
43 years$13,526$8,183$4,759$2,684$1,481$280
44 years$13,070$7,801$4,467$2,478$1,344$242
45 years$12,635$7,439$4,195$2,289$1,220$210
46 years$12,221$7,096$3,940$2,114$1,108$182
47 years$11,825$6,772$3,701$1,953$1,006$158
48 years$11,447$6,465$3,478$1,805$914$137
49 years$11,086$6,173$3,269$1,668$830$118
50 years$10,740$5,897$3,074$1,542$754$103

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,000,000, adding $5,340 every year, while hoping to spend $32,208 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: 69/16/15 Blend
39$11,000,000$11,000,000$11,000,000$11,000,000
40$12,127,508$11,544,508$11,374,008$12,921,942
41$13,330,245$12,075,920$11,720,768$13,982,739
42$14,654,581$12,632,292$12,078,066$15,138,599
43$16,112,887$13,214,812$12,446,219$16,402,401
44$17,718,791$13,824,727$12,825,557$17,784,769
45$19,487,312$14,463,343$13,216,417$19,297,394
46$21,435,000$15,132,030$13,619,150$20,953,145
47$23,580,093$15,832,221$14,034,114$22,766,185
48$25,942,684$16,565,422$14,461,678$24,752,104
49$28,544,918$17,333,208$14,902,225$26,928,064
50$31,411,197$18,137,233$15,356,147$29,312,957
51$34,568,409$18,979,227$15,823,848$31,927,583
52$38,046,185$19,861,008$16,305,745$34,794,840
53$41,877,176$20,784,477$16,802,267$37,939,944
54$46,097,361$21,751,630$17,313,857$41,390,655
55$50,746,390$22,764,558$17,840,969$45,177,544
56$55,867,954$23,825,453$18,384,073$49,334,272
57$61,510,198$24,936,613$18,943,652$53,897,911
58$67,726,178$26,100,446$19,520,204$58,909,283
59$74,574,359$27,319,479$20,114,242$64,413,348
60$82,119,168$28,596,358$20,726,294$70,459,621
61$90,431,601$29,933,858$21,356,903$77,102,638
62$99,589,895$31,334,888$22,006,630$84,402,462
63$109,680,265$32,802,498$22,676,053$92,425,251
64$120,797,718$34,339,886$23,365,766$101,243,874
65$133,046,947$35,950,402$24,076,381$110,938,599
66$146,543,325$37,637,561$24,808,529$121,597,838
67$161,413,990$39,405,048$25,562,861$133,318,985
68$177,799,045$41,256,723$26,340,045$146,209,322
69$195,852,882$43,196,637$27,140,770$160,387,034
70$215,745,637$45,229,033$27,965,748$175,982,311
71$237,664,800$47,358,364$28,815,708$193,138,577
72$261,816,981$49,589,295$29,691,406$212,013,835
73$288,429,861$51,926,718$30,593,616$232,782,149
74$317,754,342$54,375,763$31,523,137$255,635,288
75$350,066,916$56,941,807$32,480,794$280,784,518
76$385,672,275$59,630,488$33,467,433$308,462,601
77$424,906,183$62,447,719$34,483,929$338,925,973
78$468,138,654$65,399,697$35,531,180$372,457,163
79$515,777,436$68,492,921$36,610,114$409,367,451
80$568,271,865$71,734,205$37,721,684$449,999,796
81$626,117,108$75,130,694$38,866,873$494,732,063
82$689,858,834$78,689,878$40,046,694$543,980,582
83$760,098,365$82,419,613$41,262,188$598,204,068
84$837,498,358$86,328,133$42,514,431$657,907,940
85$922,789,053$90,424,075$43,804,527$723,649,080
86$1,016,775,174$94,716,492$45,133,617$796,041,080
87$1,120,343,522$99,214,880$46,502,872$875,760,021
88$1,234,471,344$103,929,192$47,913,502$963,550,842
89$1,360,235,568$108,869,869$49,366,751$1,060,234,361
90$1,498,822,959$114,047,856$50,863,900$1,166,715,009
91$1,651,541,329$119,474,629$52,406,269$1,283,989,350
92$1,819,831,884$125,162,225$53,995,219$1,413,155,478
93$2,005,282,826$131,123,264$55,632,148$1,555,423,368
94$2,209,644,349$137,370,978$57,318,499$1,712,126,277
95$2,434,845,161$143,919,245$59,055,758$1,884,733,315
96$2,683,010,694$150,782,615$60,845,452$2,074,863,298
97$2,956,483,168$157,976,347$62,689,159$2,284,300,009
98$3,257,843,705$165,516,441$64,588,499$2,515,009,019
99$3,589,936,693$173,419,676$66,545,143$2,769,156,219
100$3,955,896,642$181,703,647$68,560,813$3,049,128,250