Can I retire at age 40 with 11,200,000?

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 $11,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$924,886$916,647$908,609$900,764$893,104$866,598
2 years$457,864$449,337$441,073$433,060$425,287$398,803
3 years$302,211$293,647$285,403$277,466$269,820$244,186
4 years$224,399$215,861$207,700$199,898$192,438$167,851
5 years$177,725$169,238$161,184$153,541$146,288$122,816
6 years$146,618$138,195$130,261$122,788$115,753$93,416
7 years$124,408$116,056$108,247$100,951$94,138$72,936
8 years$107,758$99,482$91,802$84,685$78,097$58,016
9 years$94,815$86,617$79,069$72,133$65,769$46,789
10 years$84,467$76,348$68,934$62,179$56,038$38,133
11 years$76,005$67,969$60,689$54,115$48,195$31,334
12 years$68,959$61,005$53,860$47,466$41,764$25,914
13 years$63,002$55,131$48,120$41,905$36,419$21,543
14 years$57,900$50,112$43,236$37,199$31,925$17,984
15 years$53,482$45,778$39,036$33,175$28,109$15,065
16 years$49,620$42,001$35,392$29,704$24,843$12,656
17 years$46,216$38,681$32,205$26,689$22,028$10,657
18 years$43,194$35,743$29,399$24,052$19,586$8,991
19 years$40,493$33,126$26,914$21,733$17,457$7,597
20 years$38,065$30,783$24,700$19,684$15,593$6,429
21 years$35,871$28,673$22,719$17,864$13,954$5,446
22 years$33,880$26,765$20,939$16,243$12,508$4,618
23 years$32,064$25,033$19,334$14,793$11,228$3,919
24 years$30,402$23,454$17,881$13,492$10,092$3,328
25 years$28,875$22,010$16,561$12,321$9,081$2,828
26 years$27,468$20,686$15,359$11,266$8,180$2,405
27 years$26,168$19,468$14,263$10,312$7,375$2,045
28 years$24,962$18,345$13,259$9,448$6,655$1,740
29 years$23,842$17,306$12,339$8,664$6,009$1,481
30 years$22,798$16,344$11,493$7,951$5,429$1,261
31 years$21,824$15,450$10,715$7,303$4,909$1,073
32 years$20,912$14,619$9,997$6,711$4,440$914
33 years$20,058$13,845$9,334$6,172$4,018$779
34 years$19,255$13,122$8,721$5,679$3,638$663
35 years$18,500$12,446$8,154$5,227$3,295$565
36 years$17,788$11,813$7,628$4,814$2,986$481
37 years$17,117$11,219$7,139$4,436$2,706$410
38 years$16,482$10,662$6,686$4,089$2,453$350
39 years$15,881$10,139$6,264$3,770$2,225$298
40 years$15,312$9,646$5,871$3,477$2,018$254
41 years$14,772$9,182$5,505$3,208$1,831$216
42 years$14,259$8,745$5,164$2,961$1,661$184
43 years$13,771$8,332$4,846$2,733$1,508$157
44 years$13,307$7,942$4,549$2,524$1,368$134
45 years$12,865$7,574$4,271$2,331$1,242$114
46 years$12,443$7,225$4,011$2,153$1,128$97
47 years$12,040$6,895$3,769$1,989$1,024$83
48 years$11,655$6,582$3,541$1,838$930$71
49 years$11,287$6,286$3,329$1,698$845$60
50 years$10,935$6,004$3,130$1,570$767$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,200,000, adding $6,384 every year, while hoping to spend $28,216 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: 49/42/9 Blend
39$11,200,000$11,200,000$11,200,000$11,200,000
40$12,348,985$11,755,385$11,581,785$12,924,188
41$13,578,560$12,301,377$11,939,753$13,864,677
42$14,932,606$12,873,178$12,308,768$14,882,152
43$16,423,789$13,472,021$12,689,169$15,986,654
44$18,066,066$14,099,201$13,081,307$17,186,322
45$19,874,818$14,756,075$13,485,544$18,490,094
46$21,866,992$15,444,065$13,902,252$19,907,782
47$24,061,264$16,164,662$14,331,816$21,450,163
48$26,478,212$16,919,430$14,774,631$23,129,074
49$29,140,514$17,710,006$15,231,105$24,957,521
50$32,073,158$18,538,109$15,701,659$26,949,794
51$35,303,682$19,405,538$16,186,727$29,121,595
52$38,862,431$20,314,182$16,686,755$31,490,183
53$42,782,841$21,266,019$17,202,203$34,074,529
54$47,101,761$22,263,124$17,733,548$36,895,488
55$51,859,795$23,307,672$18,281,276$39,975,989
56$57,101,690$24,401,943$18,845,894$43,341,247
57$62,876,751$25,548,328$19,427,921$47,018,986
58$69,239,316$26,749,332$20,027,892$51,039,703
59$76,249,260$28,007,583$20,646,360$55,436,937
60$83,972,565$29,325,835$21,283,894$60,247,586
61$92,481,943$30,706,978$21,941,081$65,512,237
62$101,857,519$32,154,037$22,618,525$71,275,548
63$112,187,590$33,670,189$23,316,850$77,586,654
64$123,569,457$35,258,762$24,036,697$84,499,622
65$136,110,345$36,923,244$24,778,730$92,073,950
66$149,928,413$38,667,295$25,543,630$100,375,118
67$165,153,870$40,494,752$26,332,101$109,475,192
68$181,930,206$42,409,636$27,144,867$119,453,493
69$200,415,543$44,416,164$27,982,676$130,397,331
70$220,784,131$46,518,759$28,846,298$142,402,818
71$243,227,990$48,722,056$29,736,527$155,575,757
72$267,958,725$51,030,916$30,654,181$170,032,629
73$295,209,522$53,450,438$31,600,102$185,901,674
74$325,237,348$55,985,965$32,575,161$203,324,085
75$358,325,381$58,643,101$33,580,253$222,455,324
76$394,785,679$61,427,722$34,616,300$243,466,572
77$434,962,128$64,345,989$35,684,256$266,546,323
78$479,233,686$67,404,364$36,785,099$291,902,145
79$528,017,963$70,609,619$37,919,841$319,762,618
80$581,775,164$73,968,859$39,089,525$350,379,469
81$641,012,429$77,489,531$40,295,222$384,029,927
82$706,288,626$81,179,447$41,538,041$421,019,312
83$778,219,622$85,046,796$42,819,122$461,683,896
84$857,484,101$89,100,167$44,139,639$506,394,046
85$944,829,967$93,348,563$45,500,806$555,557,699
86$1,041,081,411$97,801,430$46,903,870$609,624,176
87$1,147,146,684$102,468,669$48,350,118$669,088,398
88$1,264,026,676$107,360,664$49,840,877$734,495,524
89$1,392,824,364$112,488,304$51,377,514$806,446,065
90$1,534,755,227$117,863,008$52,961,438$885,601,516
91$1,691,158,715$123,496,750$54,594,101$972,690,565
92$1,863,510,899$129,402,087$56,277,000$1,068,515,934
93$2,053,438,408$135,592,186$58,011,676$1,173,961,914
94$2,262,733,779$142,080,856$59,799,720$1,290,002,670
95$2,493,372,383$148,882,577$61,642,770$1,417,711,397
96$2,747,531,078$156,012,535$63,542,515$1,558,270,403
97$3,027,608,754$163,486,655$65,500,694$1,712,982,216
98$3,336,248,981$171,321,636$67,519,102$1,883,281,840
99$3,676,364,972$179,534,991$69,599,587$2,070,750,236
100$4,051,167,080$188,145,086$71,744,054$2,277,129,202