Can I retire at age 40 with 11,400,000?

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 $11,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$941,401$933,016$924,835$916,849$909,052$874,712
2 years$466,040$457,361$448,949$440,793$432,882$398,684
3 years$307,607$298,890$290,500$282,420$274,638$241,657
4 years$228,406$219,716$211,409$203,468$195,874$164,363
5 years$180,898$172,260$164,062$156,283$148,900$118,939
6 years$149,236$140,663$132,587$124,981$117,820$89,430
7 years$126,630$118,129$110,180$102,754$95,819$68,992
8 years$109,682$101,258$93,442$86,197$79,491$54,201
9 years$96,508$88,163$80,481$73,421$66,943$43,155
10 years$85,975$77,712$70,165$63,290$57,039$34,709
11 years$77,362$69,182$61,772$55,081$49,055$28,135
12 years$70,191$62,094$54,821$48,313$42,510$22,945
13 years$64,127$56,115$48,979$42,653$37,070$18,804
14 years$58,934$51,007$44,008$37,863$32,495$15,470
15 years$54,437$46,596$39,733$33,767$28,611$12,768
16 years$50,506$42,751$36,024$30,235$25,287$10,564
17 years$47,042$39,372$32,781$27,166$22,421$8,759
18 years$43,965$36,381$29,924$24,482$19,936$7,275
19 years$41,216$33,718$27,394$22,121$17,769$6,051
20 years$38,745$31,332$25,141$20,035$15,872$5,038
21 years$36,512$29,185$23,125$18,183$14,203$4,199
22 years$34,485$27,243$21,313$16,533$12,731$3,503
23 years$32,637$25,480$19,679$15,057$11,428$2,924
24 years$30,945$23,873$18,200$13,733$10,272$2,442
25 years$29,391$22,404$16,857$12,541$9,243$2,041
26 years$27,959$21,056$15,634$11,467$8,326$1,706
27 years$26,635$19,816$14,517$10,496$7,507$1,426
28 years$25,408$18,672$13,496$9,617$6,773$1,193
29 years$24,268$17,615$12,559$8,819$6,116$998
30 years$23,205$16,636$11,698$8,093$5,526$835
31 years$22,214$15,726$10,906$7,433$4,996$699
32 years$21,286$14,880$10,175$6,831$4,520$585
33 years$20,416$14,092$9,501$6,282$4,090$490
34 years$19,599$13,356$8,877$5,780$3,703$410
35 years$18,830$12,668$8,299$5,321$3,354$343
36 years$18,106$12,024$7,764$4,900$3,039$287
37 years$17,422$11,420$7,267$4,515$2,754$241
38 years$16,776$10,853$6,805$4,162$2,497$201
39 years$16,165$10,320$6,376$3,837$2,264$169
40 years$15,586$9,819$5,976$3,539$2,054$141
41 years$15,036$9,346$5,603$3,265$1,863$118
42 years$14,514$8,901$5,256$3,014$1,691$99
43 years$14,017$8,481$4,932$2,782$1,535$83
44 years$13,545$8,084$4,630$2,569$1,393$69
45 years$13,095$7,709$4,347$2,372$1,264$58
46 years$12,665$7,354$4,083$2,191$1,148$49
47 years$12,255$7,018$3,836$2,024$1,043$41
48 years$11,863$6,700$3,605$1,871$947$34
49 years$11,489$6,398$3,388$1,729$860$29
50 years$11,130$6,111$3,185$1,598$781$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,400,000, adding $3,824 every year, while hoping to spend $29,020 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: 59/21/20 Blend
39$11,400,000$11,400,000$11,400,000$11,400,000
40$12,566,744$11,962,544$11,785,844$13,241,704
41$13,817,675$12,517,832$12,149,793$14,255,274
42$15,195,229$13,099,356$12,524,962$15,356,658
43$16,712,289$13,708,372$12,911,695$16,557,196
44$18,383,055$14,346,194$13,310,349$17,866,482
45$20,223,171$15,014,202$13,721,290$19,295,068
46$22,249,878$15,713,842$14,144,897$20,854,561
47$24,482,173$16,446,628$14,581,559$22,557,725
48$26,940,991$17,214,149$15,031,677$24,418,607
49$29,649,400$18,018,070$15,495,667$26,452,656
50$32,632,820$18,860,137$15,973,953$28,676,873
51$35,919,264$19,742,179$16,466,976$31,109,964
52$39,539,598$20,666,115$16,975,189$33,772,517
53$43,527,838$21,633,956$17,499,059$36,687,186
54$47,921,467$22,647,810$18,039,067$39,878,907
55$52,761,791$23,709,887$18,595,710$43,375,124
56$58,094,327$24,822,504$19,169,499$47,206,049
57$63,969,232$25,988,091$19,760,962$51,404,937
58$70,441,781$27,209,194$20,370,641$56,008,399
59$77,572,881$28,488,484$20,999,096$61,056,741
60$85,429,654$29,828,758$21,646,904$66,594,340
61$94,086,064$31,232,953$22,314,661$72,670,056
62$103,623,620$32,704,145$23,002,980$79,337,687
63$114,132,141$34,245,559$23,712,491$86,656,476
64$125,710,607$35,860,579$24,443,847$94,691,655
65$138,468,091$37,552,750$25,197,718$103,515,063
66$152,524,791$39,325,790$25,974,797$113,205,811
67$168,013,163$41,183,596$26,775,795$123,851,026
68$185,079,170$43,130,257$27,601,449$135,546,663
69$203,883,663$45,170,057$28,452,515$148,398,405
70$224,603,896$47,307,490$29,329,774$162,522,650
71$247,435,202$49,547,266$30,234,030$178,047,603
72$272,592,836$51,894,324$31,166,113$195,114,478
73$300,314,004$54,353,845$32,126,876$213,878,821
74$330,860,107$56,931,258$33,117,202$234,511,967
75$364,519,206$59,632,258$34,137,996$257,202,651
76$401,608,741$62,462,815$35,190,195$282,158,773
77$442,478,529$65,429,189$36,274,763$309,609,357
78$487,514,065$68,537,945$37,392,693$339,806,695
79$537,140,161$71,795,966$38,545,010$373,028,720
80$591,824,959$75,210,470$39,732,769$409,581,616
81$652,084,345$78,789,023$40,957,058$449,802,696
82$718,486,826$82,539,563$42,218,997$494,063,570
83$791,658,892$86,470,411$43,519,743$542,773,642
84$872,290,930$90,590,292$44,860,485$596,383,956
85$961,143,745$94,908,357$46,242,452$655,391,443
86$1,059,055,740$99,434,199$47,666,907$720,343,591
87$1,166,950,831$104,177,881$49,135,154$791,843,597
88$1,285,847,171$109,149,953$50,648,537$870,556,046
89$1,416,866,760$114,361,477$52,208,440$957,213,163
90$1,561,246,036$119,824,057$53,816,290$1,052,621,708
91$1,720,347,553$125,549,857$55,473,557$1,157,670,569
92$1,895,672,840$131,551,636$57,181,757$1,273,339,134
93$2,088,876,575$137,842,771$58,942,451$1,400,706,513
94$2,301,782,212$144,437,293$60,757,250$1,540,961,703
95$2,536,399,191$151,349,914$62,627,811$1,695,414,785
96$2,794,941,910$158,596,062$64,555,845$1,865,509,270
97$3,079,850,632$166,191,916$66,543,113$2,052,835,695
98$3,393,814,520$174,154,444$68,591,431$2,259,146,614
99$3,739,797,027$182,501,437$70,702,669$2,486,373,113
100$4,121,063,873$191,251,557$72,878,758$2,736,643,005