Can I retire at age 40 with 11,300,000?

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 $11,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$933,143$924,831$916,722$908,807$901,078$889,818
2 years$461,952$453,349$445,011$436,926$429,085$417,755
3 years$304,909$296,268$287,951$279,943$272,229$261,181
4 years$226,403$217,789$209,555$201,683$194,156$183,475
5 years$179,311$170,749$162,623$154,912$147,594$137,312
6 years$147,927$139,429$131,424$123,884$116,786$106,915
7 years$125,519$117,093$109,214$101,852$94,979$85,521
8 years$108,720$100,370$92,622$85,441$78,794$69,750
9 years$95,662$87,390$79,775$72,777$66,356$57,722
10 years$85,221$77,030$69,550$62,734$56,538$48,308
11 years$76,684$68,575$61,231$54,598$48,625$40,791
12 years$69,575$61,550$54,341$47,890$42,137$34,691
13 years$63,564$55,623$48,550$42,279$36,745$29,676
14 years$58,417$50,560$43,622$37,531$32,210$25,509
15 years$53,959$46,187$39,385$33,471$28,360$22,016
16 years$50,063$42,376$35,708$29,970$25,065$19,065
17 years$46,629$39,027$32,493$26,927$22,224$16,558
18 years$43,580$36,062$29,662$24,267$19,761$14,416
19 years$40,855$33,422$27,154$21,927$17,613$12,577
20 years$38,405$31,057$24,921$19,859$15,732$10,993
21 years$36,192$28,929$22,922$18,024$14,079$9,623
22 years$34,182$27,004$21,126$16,388$12,620$8,435
23 years$32,350$25,256$19,506$14,925$11,328$7,403
24 years$30,673$23,664$18,040$13,612$10,182$6,503
25 years$29,133$22,207$16,709$12,431$9,162$5,718
26 years$27,714$20,871$15,497$11,367$8,253$5,031
27 years$26,402$19,642$14,390$10,404$7,441$4,430
28 years$25,185$18,509$13,377$9,532$6,714$3,904
29 years$24,055$17,461$12,449$8,741$6,063$3,441
30 years$23,002$16,490$11,596$8,022$5,478$3,035
31 years$22,019$15,588$10,810$7,368$4,953$2,678
32 years$21,099$14,750$10,086$6,771$4,480$2,363
33 years$20,237$13,968$9,417$6,227$4,054$2,087
34 years$19,427$13,239$8,799$5,729$3,671$1,843
35 years$18,665$12,557$8,227$5,274$3,325$1,628
36 years$17,947$11,918$7,696$4,857$3,012$1,438
37 years$17,269$11,320$7,203$4,475$2,730$1,271
38 years$16,629$10,758$6,745$4,125$2,475$1,123
39 years$16,023$10,229$6,320$3,803$2,245$993
40 years$15,449$9,732$5,923$3,508$2,036$878
41 years$14,904$9,264$5,554$3,237$1,847$776
42 years$14,387$8,823$5,210$2,987$1,676$686
43 years$13,894$8,407$4,889$2,757$1,521$607
44 years$13,426$8,013$4,589$2,546$1,381$537
45 years$12,980$7,641$4,309$2,351$1,253$475
46 years$12,554$7,290$4,047$2,172$1,138$420
47 years$12,148$6,956$3,802$2,007$1,033$371
48 years$11,759$6,641$3,573$1,854$938$329
49 years$11,388$6,342$3,358$1,714$852$291
50 years$11,033$6,058$3,157$1,584$774$257

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,300,000, adding $6,537 every year, while hoping to spend $37,321 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: 43/33/24 Blend
39$11,300,000$11,300,000$11,300,000$11,300,000
40$12,459,343$11,860,443$11,685,293$12,907,675
41$13,690,487$12,401,895$12,037,041$13,768,909
42$15,045,956$12,968,628$12,399,322$14,697,343
43$16,538,393$13,561,841$12,772,449$15,702,540
44$18,181,728$14,182,790$13,156,744$16,791,615
45$19,991,311$14,832,792$13,552,541$17,972,382
46$21,984,054$15,513,229$13,960,181$19,253,418
47$24,178,597$16,225,546$14,380,017$20,644,143
48$26,595,476$16,971,261$14,812,410$22,154,902
49$29,257,323$17,751,961$15,257,734$23,797,064
50$32,189,076$18,569,312$15,716,374$25,583,117
51$35,418,213$19,425,061$16,188,724$27,526,785
52$38,975,017$20,321,035$16,675,192$29,643,151
53$42,892,856$21,259,152$17,176,198$31,948,795
54$47,208,499$22,241,422$17,692,173$34,461,944
55$51,962,466$23,269,952$18,223,560$37,202,638
56$57,199,406$24,346,949$18,770,818$40,192,912
57$62,968,523$25,474,726$19,334,418$43,456,999
58$69,324,035$26,655,711$19,914,844$47,021,552
59$76,325,690$27,892,444$20,512,594$50,915,886
60$84,039,328$29,187,591$21,128,184$55,172,252
61$92,537,502$30,543,946$21,762,141$59,826,126
62$101,900,163$31,964,436$22,415,009$64,916,543
63$112,215,418$33,452,131$23,087,349$70,486,456
64$123,580,353$35,010,248$23,779,738$76,583,126
65$136,101,959$36,642,160$24,492,770$83,258,568
66$149,898,136$38,351,403$25,227,055$90,570,024
67$165,098,807$40,141,683$25,983,222$98,580,500
68$181,847,145$42,016,885$26,761,920$107,359,345
69$200,300,924$43,981,082$27,563,814$116,982,897
70$220,634,007$46,038,544$28,389,590$127,535,192
71$243,037,990$48,193,747$29,239,956$139,108,743
72$267,724,007$50,451,383$30,115,637$151,805,405
73$294,924,727$52,816,372$31,017,381$165,737,318
74$324,896,545$55,293,870$31,945,960$181,027,954
75$357,922,008$57,889,285$32,902,165$197,813,269
76$394,312,478$60,608,285$33,886,813$216,242,970
77$434,411,072$63,456,813$34,900,743$236,481,911
78$478,595,903$66,441,098$35,944,819$258,711,638
79$527,283,646$69,567,672$37,019,931$283,132,077
80$580,933,473$72,843,384$38,126,994$309,963,410
81$640,051,390$76,275,413$39,266,951$339,448,132
82$705,195,010$79,871,286$40,440,772$371,853,320
83$776,978,818$83,638,896$41,649,455$407,473,134
84$856,079,973$87,586,518$42,894,028$446,631,573
85$943,244,700$91,722,826$44,175,546$489,685,507
86$1,039,295,332$96,056,917$45,495,100$537,028,027
87$1,145,138,078$100,598,329$46,853,808$589,092,129
88$1,261,771,575$105,357,060$48,252,824$646,354,774
89$1,390,296,315$110,343,595$49,693,333$709,341,366
90$1,531,925,037$115,568,928$51,176,557$778,630,682
91$1,687,994,170$121,044,585$52,703,751$854,860,304
92$1,859,976,457$126,782,652$54,276,209$938,732,611
93$2,049,494,855$132,795,801$55,895,260$1,031,021,374
94$2,258,337,854$139,097,319$57,562,276$1,132,579,028
95$2,488,476,366$145,701,139$59,278,664$1,244,344,681
96$2,742,082,331$152,621,870$61,045,874$1,367,352,947
97$3,021,549,217$159,874,830$62,865,399$1,502,743,666
98$3,329,514,622$167,476,082$64,738,775$1,651,772,634
99$3,668,885,171$175,442,467$66,667,581$1,815,823,406
100$4,042,863,958$183,791,648$68,653,445$1,996,420,318