Can I retire at age 40 with 11,600,000?

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 $11,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$957,917$949,385$941,060$932,934$925,000$916,485
2 years$474,216$465,385$456,825$448,526$440,476$431,897
3 years$313,004$304,134$295,596$287,375$279,456$271,078
4 years$232,413$223,571$215,118$207,038$199,311$191,199
5 years$184,072$175,282$166,941$159,025$151,513$143,692
6 years$151,855$143,131$134,913$127,173$119,887$112,366
7 years$128,851$120,201$112,113$104,556$97,500$90,282
8 years$111,607$103,035$95,081$87,710$80,886$73,971
9 years$98,201$89,710$81,893$74,709$68,118$61,503
10 years$87,483$79,075$71,396$64,400$58,040$51,722
11 years$78,720$70,396$62,856$56,047$49,916$43,891
12 years$71,422$63,184$55,783$49,161$43,256$37,517
13 years$65,252$57,100$49,839$43,402$37,720$32,261
14 years$59,968$51,902$44,780$38,527$33,065$27,878
15 years$55,392$47,413$40,431$34,360$29,113$24,191
16 years$51,392$43,501$36,656$30,765$25,730$21,065
17 years$47,867$40,063$33,356$27,642$22,814$18,398
18 years$44,737$37,020$30,449$24,911$20,285$16,109
19 years$41,939$34,309$27,875$22,509$18,081$14,136
20 years$39,425$31,882$25,582$20,387$16,150$12,428
21 years$37,153$29,697$23,531$18,502$14,453$10,944
22 years$35,090$27,721$21,687$16,823$12,955$9,652
23 years$33,209$25,927$20,024$15,321$11,629$8,522
24 years$31,488$24,292$18,519$13,973$10,452$7,533
25 years$29,907$22,797$17,152$12,761$9,405$6,665
26 years$28,449$21,425$15,908$11,668$8,472$5,902
27 years$27,102$20,164$14,772$10,680$7,638$5,230
28 years$25,854$19,000$13,732$9,785$6,892$4,638
29 years$24,694$17,924$12,779$8,973$6,223$4,115
30 years$23,613$16,928$11,903$8,235$5,623$3,653
31 years$22,603$16,002$11,097$7,564$5,084$3,244
32 years$21,659$15,141$10,354$6,951$4,599$2,882
33 years$20,774$14,339$9,667$6,392$4,162$2,562
34 years$19,943$13,590$9,033$5,881$3,768$2,278
35 years$19,160$12,890$8,445$5,414$3,413$2,025
36 years$18,423$12,235$7,900$4,986$3,092$1,802
37 years$17,728$11,620$7,394$4,594$2,803$1,603
38 years$17,071$11,043$6,924$4,235$2,541$1,426
39 years$16,449$10,501$6,487$3,904$2,304$1,270
40 years$15,859$9,991$6,081$3,601$2,090$1,130
41 years$15,300$9,510$5,702$3,323$1,896$1,006
42 years$14,768$9,057$5,348$3,066$1,720$896
43 years$14,263$8,630$5,019$2,831$1,561$798
44 years$13,782$8,226$4,711$2,614$1,417$710
45 years$13,324$7,844$4,423$2,414$1,287$633
46 years$12,887$7,483$4,155$2,230$1,168$564
47 years$12,470$7,141$3,903$2,060$1,061$502
48 years$12,072$6,817$3,668$1,903$963$447
49 years$11,690$6,510$3,448$1,759$875$398
50 years$11,326$6,219$3,241$1,626$795$355

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,600,000, adding $4,878 every year, while hoping to spend $31,400 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: 59/29/12 Blend
39$11,600,000$11,600,000$11,600,000$11,600,000
40$12,788,232$12,173,432$11,993,632$13,504,988
41$14,059,222$12,736,520$12,362,009$14,551,358
42$15,458,801$13,326,148$12,741,675$15,687,875
43$17,000,051$13,943,582$13,132,973$16,926,409
44$18,697,389$14,590,151$13,536,261$18,276,780
45$20,566,701$15,267,246$13,951,904$19,749,787
46$22,625,491$15,976,328$14,380,279$21,357,302
47$24,893,049$16,718,925$14,821,776$23,112,379
48$27,390,630$17,496,643$15,276,795$25,029,376
49$30,141,657$18,311,161$15,745,750$27,124,086
50$33,171,939$19,164,241$16,229,067$29,413,877
51$36,509,919$20,057,731$16,727,183$31,917,859
52$40,186,939$20,993,568$17,240,551$34,657,055
53$44,237,533$21,973,779$17,769,637$37,654,594
54$48,699,762$23,000,495$18,314,920$40,935,929
55$53,615,563$24,075,944$18,876,895$44,529,066
56$59,031,151$25,202,466$19,456,071$48,464,829
57$64,997,453$26,382,512$20,052,974$52,777,141
58$71,570,590$27,618,651$20,668,145$57,503,338
59$78,812,403$28,913,578$21,302,141$62,684,518
60$86,791,042$30,270,118$21,955,537$68,365,921
61$95,581,606$31,691,231$22,628,925$74,597,348
62$105,266,849$33,180,021$23,322,914$81,433,627
63$115,937,970$34,739,744$24,038,133$88,935,119
64$127,695,462$36,373,810$24,775,230$97,168,282
65$140,650,071$38,085,799$25,534,872$106,206,293
66$154,923,835$39,879,460$26,317,746$116,129,724
67$170,651,237$41,758,724$27,124,562$127,027,298
68$187,980,477$43,727,716$27,956,049$138,996,717
69$207,074,869$45,790,757$28,812,960$152,145,571
70$228,114,380$47,952,379$29,696,069$166,592,347
71$251,297,335$50,217,334$30,606,175$182,467,537
72$276,842,283$52,590,602$31,544,102$199,914,854
73$304,990,063$55,077,409$32,510,696$219,092,582
74$336,006,077$57,683,230$33,506,832$240,175,054
75$370,182,796$60,413,807$34,533,410$263,354,288
76$407,842,520$63,275,162$35,591,358$288,841,783
77$449,340,419$66,273,608$36,681,631$316,870,505
78$495,067,890$69,415,763$37,805,214$347,697,065
79$545,456,248$72,708,568$38,963,121$381,604,136
80$600,980,798$76,159,300$40,156,398$418,903,093
81$662,165,324$79,775,591$41,386,123$459,936,948
82$729,587,034$83,565,442$42,653,405$505,083,559
83$803,882,005$87,537,242$43,959,387$554,759,186
84$885,751,191$91,699,788$45,305,248$609,422,399
85$975,967,041$96,062,306$46,692,202$669,578,385
86$1,075,380,788$100,634,468$48,121,499$735,783,697
87$1,184,930,488$105,426,416$49,594,429$808,651,486
88$1,305,649,874$110,448,788$51,112,320$888,857,264
89$1,438,678,117$115,712,734$52,676,538$977,145,261
90$1,585,270,578$121,229,951$54,288,495$1,074,335,420
91$1,746,810,659$127,012,700$55,949,641$1,181,331,113
92$1,924,822,866$133,073,843$57,661,475$1,299,127,641
93$2,120,987,201$139,426,863$59,425,536$1,428,821,601
94$2,337,155,018$146,085,903$61,243,415$1,571,621,206
95$2,575,366,507$153,065,789$63,116,746$1,728,857,661
96$2,837,869,951$160,382,073$65,047,218$1,901,997,694
97$3,127,142,952$168,051,061$67,036,565$2,092,657,370
98$3,445,915,823$176,089,852$69,086,580$2,302,617,307
99$3,797,197,361$184,516,379$71,199,105$2,533,839,450
100$4,184,303,258$193,349,447$73,376,040$2,788,485,552