Can I retire at age 40 with 11,100,000?

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 $11,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$916,628$908,463$900,497$892,722$885,130$855,086
2 years$453,776$445,325$437,134$429,193$421,490$391,523
3 years$299,512$291,025$282,855$274,988$267,411$238,461
4 years$222,396$213,934$205,846$198,114$190,720$163,008
5 years$176,138$167,727$159,745$152,170$144,982$118,583
6 years$145,309$136,962$129,098$121,692$114,719$89,654
7 years$123,297$115,020$107,281$100,049$93,298$69,561
8 years$106,796$98,593$90,983$83,929$77,399$54,974
9 years$93,968$85,843$78,363$71,489$65,181$44,039
10 years$83,712$75,667$68,319$61,624$55,538$35,645
11 years$75,327$67,362$60,147$53,631$47,764$29,082
12 years$68,343$60,460$53,379$47,042$41,392$23,876
13 years$62,439$54,638$47,690$41,531$36,094$19,701
14 years$57,383$49,665$42,850$36,867$31,640$16,322
15 years$53,004$45,370$38,688$32,879$27,858$13,567
16 years$49,177$41,626$35,076$29,439$24,621$11,307
17 years$45,804$38,336$31,918$26,451$21,831$9,444
18 years$42,808$35,424$29,137$23,838$19,411$7,903
19 years$40,132$32,831$26,673$21,539$17,302$6,623
20 years$37,725$30,508$24,480$19,508$15,454$5,557
21 years$35,551$28,417$22,517$17,705$13,830$4,668
22 years$33,577$26,526$20,752$16,098$12,396$3,925
23 years$31,778$24,809$19,161$14,660$11,128$3,302
24 years$30,131$23,245$17,721$13,371$10,002$2,780
25 years$28,618$21,814$16,413$12,211$9,000$2,341
26 years$27,223$20,502$15,222$11,165$8,107$1,973
27 years$25,934$19,294$14,135$10,220$7,309$1,663
28 years$24,739$18,181$13,141$9,364$6,595$1,402
29 years$23,629$17,152$12,228$8,587$5,955$1,183
30 years$22,595$16,198$11,390$7,880$5,381$998
31 years$21,629$15,312$10,619$7,238$4,865$842
32 years$20,726$14,489$9,908$6,652$4,401$710
33 years$19,878$13,721$9,251$6,117$3,983$600
34 years$19,083$13,004$8,643$5,628$3,606$506
35 years$18,335$12,334$8,081$5,181$3,266$427
36 years$17,629$11,707$7,560$4,771$2,959$361
37 years$16,964$11,119$7,076$4,396$2,682$305
38 years$16,335$10,567$6,626$4,052$2,431$257
39 years$15,740$10,048$6,208$3,736$2,205$217
40 years$15,175$9,560$5,819$3,446$2,000$183
41 years$14,640$9,100$5,456$3,179$1,814$155
42 years$14,132$8,667$5,118$2,934$1,646$131
43 years$13,649$8,258$4,802$2,709$1,494$110
44 years$13,188$7,871$4,508$2,501$1,356$93
45 years$12,750$7,506$4,233$2,310$1,231$79
46 years$12,332$7,161$3,976$2,134$1,118$67
47 years$11,933$6,833$3,735$1,971$1,015$56
48 years$11,551$6,523$3,510$1,821$922$47
49 years$11,186$6,229$3,299$1,683$837$40
50 years$10,837$5,951$3,102$1,556$760$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,100,000, adding $4,846 every year, while hoping to spend $28,278 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: 45/31/24 Blend
39$11,100,000$11,100,000$11,100,000$11,100,000
40$12,237,199$11,648,899$11,476,849$12,702,904
41$13,455,305$12,189,607$11,831,236$13,573,124
42$14,796,711$12,755,863$12,196,547$14,513,145
43$16,273,963$13,348,887$12,573,118$15,532,032
44$17,900,886$13,969,961$12,961,296$16,637,143
45$19,692,714$14,620,428$13,361,438$17,836,560
46$21,666,237$15,301,694$13,773,912$19,139,155
47$23,839,952$16,015,236$14,199,096$20,554,676
48$26,234,244$16,762,600$14,637,383$22,093,832
49$28,871,577$17,545,407$15,089,175$23,768,390
50$31,776,702$18,365,357$15,554,888$25,591,281
51$34,976,898$19,224,231$16,034,949$27,576,716
52$38,502,221$20,123,898$16,529,799$29,740,319
53$42,385,795$21,066,316$17,039,894$32,099,264
54$46,664,117$22,053,537$17,565,702$34,672,435
55$51,377,410$23,087,713$18,107,706$37,480,597
56$56,569,996$24,171,101$18,666,404$40,546,588
57$62,290,717$25,306,066$19,242,310$43,895,525
58$68,593,394$26,495,087$19,835,951$47,555,035
59$75,537,339$27,740,765$20,447,874$51,555,511
60$83,187,909$29,045,825$21,078,640$55,930,391
61$91,617,130$30,413,124$21,728,828$60,716,464
62$100,904,368$31,845,658$22,399,035$65,954,212
63$111,137,087$33,346,569$23,089,876$71,688,180
64$122,411,669$34,919,149$23,801,986$77,967,394
65$134,834,323$36,566,852$24,536,016$84,845,807
66$148,522,093$38,293,297$25,292,642$92,382,807
67$163,603,958$40,102,280$26,072,557$100,643,759
68$180,222,050$41,997,780$26,876,476$109,700,619
69$198,532,999$43,983,970$27,705,137$119,632,600
70$218,709,405$46,065,225$28,559,300$130,526,906
71$240,941,475$48,246,132$29,439,747$142,479,545
72$265,438,813$50,531,500$30,347,286$155,596,226
73$292,432,400$52,926,372$31,282,748$169,993,338
74$322,176,777$55,436,036$32,246,992$185,799,040
75$354,952,442$58,066,036$33,240,901$203,154,454
76$391,068,505$60,822,185$34,265,385$222,214,983
77$430,865,600$63,710,580$35,321,383$243,151,763
78$474,719,105$66,737,611$36,409,862$266,153,263
79$523,042,680$69,909,982$37,531,820$291,427,044
80$576,292,181$73,234,718$38,688,283$319,201,704
81$634,969,954$76,719,190$39,880,311$349,729,018
82$699,629,583$80,371,124$41,108,995$383,286,289
83$770,881,114$84,198,622$42,375,460$420,178,955
84$849,396,814$88,210,182$43,680,865$460,743,444
85$935,917,520$92,414,711$45,026,404$505,350,329
86$1,031,259,628$96,821,552$46,413,309$554,407,805
87$1,136,322,804$101,440,502$47,842,849$608,365,518
88$1,252,098,476$106,281,834$49,316,331$667,718,782
89$1,379,679,196$111,356,319$50,835,104$733,013,231
90$1,520,268,950$116,675,254$52,400,556$804,849,939
91$1,675,194,527$122,250,485$54,014,118$883,891,069
92$1,845,918,044$128,094,434$55,677,266$970,866,091
93$2,034,050,750$134,220,128$57,391,520$1,066,578,637
94$2,241,368,238$140,641,225$59,158,448$1,171,914,053
95$2,469,827,206$147,372,053$60,979,663$1,287,847,726
96$2,721,583,929$154,427,632$62,856,830$1,415,454,252
97$2,999,014,621$161,823,717$64,791,665$1,555,917,542
98$3,304,737,860$169,576,827$66,785,934$1,710,541,961
99$3,641,639,318$177,704,288$68,841,459$1,880,764,599
100$4,012,898,998$186,224,268$70,960,117$2,068,168,794