Can I retire at age 40 with 11,700,000?

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 $11,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$966,175$957,569$949,172$940,977$932,974$900,588
2 years$478,304$469,397$460,763$452,393$444,274$411,980
3 years$315,702$306,756$298,144$289,852$281,865$250,679
4 years$234,417$225,498$216,973$208,822$201,029$171,188
5 years$185,659$176,793$168,380$160,396$152,819$124,402
6 years$153,164$144,365$136,076$128,270$120,920$93,950
7 years$129,962$121,237$113,080$105,458$98,341$72,811
8 years$112,569$103,923$95,901$88,466$81,583$57,474
9 years$99,048$90,484$82,599$75,353$68,705$45,986
10 years$88,237$79,757$72,012$64,955$58,540$37,174
11 years$79,398$71,003$63,398$56,530$50,346$30,290
12 years$72,038$63,728$56,264$49,585$43,629$24,835
13 years$65,814$57,592$50,268$43,776$38,045$20,464
14 years$60,484$52,349$45,166$38,859$33,350$16,930
15 years$55,870$47,822$40,779$34,656$29,364$14,053
16 years$51,835$43,876$36,972$31,030$25,952$11,695
17 years$48,280$40,408$33,643$27,881$23,011$9,754
18 years$45,122$37,339$30,712$25,126$20,460$8,150
19 years$42,301$34,605$28,115$22,704$18,237$6,820
20 years$39,765$32,157$25,803$20,562$16,289$5,714
21 years$37,473$29,953$23,734$18,662$14,577$4,792
22 years$35,392$27,960$21,874$16,968$13,066$4,022
23 years$33,495$26,150$20,197$15,453$11,729$3,379
24 years$31,759$24,501$18,679$14,094$10,542$2,840
25 years$30,164$22,993$17,300$12,871$9,487$2,388
26 years$28,695$21,610$16,045$11,769$8,545$2,009
27 years$27,336$20,337$14,899$10,772$7,704$1,691
28 years$26,077$19,164$13,851$9,870$6,952$1,423
29 years$24,906$18,079$12,889$9,051$6,277$1,199
30 years$23,816$17,074$12,006$8,306$5,672$1,010
31 years$22,798$16,140$11,193$7,629$5,128$850
32 years$21,846$15,272$10,443$7,011$4,638$716
33 years$20,953$14,463$9,751$6,447$4,198$604
34 years$20,114$13,707$9,111$5,932$3,801$509
35 years$19,326$13,001$8,518$5,461$3,442$429
36 years$18,582$12,340$7,968$5,029$3,119$361
37 years$17,881$11,720$7,458$4,634$2,827$305
38 years$17,218$11,138$6,984$4,271$2,563$257
39 years$16,590$10,592$6,543$3,938$2,324$216
40 years$15,996$10,077$6,133$3,632$2,108$182
41 years$15,432$9,592$5,751$3,351$1,912$154
42 years$14,896$9,135$5,395$3,093$1,735$130
43 years$14,386$8,704$5,062$2,855$1,575$109
44 years$13,901$8,297$4,752$2,636$1,430$92
45 years$13,439$7,912$4,462$2,435$1,298$78
46 years$12,998$7,548$4,190$2,249$1,178$66
47 years$12,578$7,203$3,937$2,078$1,070$55
48 years$12,176$6,876$3,700$1,920$972$47
49 years$11,791$6,566$3,477$1,774$883$39
50 years$11,423$6,272$3,269$1,640$802$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,700,000, adding $2,379 every year, while hoping to spend $55,124 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: 54/41/5 Blend
39$11,700,000$11,700,000$11,700,000$11,700,000
40$12,895,854$12,275,754$12,094,404$13,578,534
41$14,152,580$12,818,614$12,440,915$14,582,466
42$15,535,644$13,386,227$12,797,187$15,668,177
43$17,057,875$13,979,748$13,163,488$16,848,368
44$18,733,407$14,600,385$13,540,094$18,131,986
45$20,577,817$15,249,406$13,927,289$19,528,859
46$22,608,264$15,928,137$14,325,363$21,049,784
47$24,843,660$16,637,968$14,734,616$22,706,629
48$27,304,841$17,380,356$15,155,353$24,512,435
49$30,014,766$18,156,826$15,587,889$26,481,537
50$32,998,737$18,968,974$16,032,548$28,629,695
51$36,284,630$19,818,476$16,489,660$30,974,235
52$39,903,165$20,707,084$16,959,566$33,534,210
53$43,888,191$21,636,635$17,442,615$36,330,571
54$48,277,010$22,609,053$17,939,166$39,386,362
55$53,110,723$23,626,355$18,449,587$42,726,928
56$58,434,623$24,690,653$18,974,254$46,380,150
57$64,298,619$25,804,159$19,513,556$50,376,699
58$70,757,708$26,969,193$20,067,890$54,750,322
59$77,872,494$28,188,183$20,637,664$59,538,147
60$85,709,760$29,463,675$21,223,297$64,781,034
61$94,343,096$30,798,335$21,825,217$70,523,944
62$103,853,596$32,194,959$22,443,867$76,816,359
63$114,330,625$33,656,473$23,079,698$83,712,741
64$125,872,655$35,185,947$23,733,174$91,273,033
65$138,588,201$36,786,594$24,404,772$99,563,217
66$152,596,845$38,461,784$25,094,978$108,655,928
67$168,030,358$40,215,046$25,804,295$118,631,126
68$185,033,951$42,050,081$26,533,236$129,576,841
69$203,767,643$43,970,763$27,282,328$141,589,990
70$224,407,769$45,981,157$28,052,112$154,777,283
71$247,148,646$48,085,518$28,843,143$169,256,214
72$272,204,408$50,288,308$29,655,988$185,156,159
73$299,811,025$52,594,203$30,491,231$202,619,580
74$330,228,533$55,008,103$31,349,471$221,803,357
75$363,743,486$57,535,142$32,231,321$242,880,254
76$400,671,661$60,180,703$33,137,409$266,040,531
77$441,361,039$62,950,426$34,068,381$291,493,725
78$486,195,091$65,850,223$35,024,898$319,470,608
79$535,596,395$68,886,290$36,007,637$350,225,348
80$590,030,630$72,065,120$37,017,295$384,037,891
81$650,010,963$75,393,520$38,054,584$421,216,577
82$716,102,902$78,878,624$39,120,233$462,101,035
83$788,929,631$82,527,908$40,214,993$507,065,363
84$869,177,888$86,349,211$41,339,631$556,521,638
85$957,604,457$90,350,747$42,494,933$610,923,781
86$1,055,043,305$94,541,126$43,681,706$670,771,813
87$1,162,413,456$98,929,375$44,900,777$736,616,552
88$1,280,727,667$103,524,954$46,152,992$809,064,785
89$1,411,101,992$108,337,779$47,439,220$888,784,962
90$1,554,766,310$113,378,245$48,760,349$976,513,478
91$1,713,075,945$118,657,250$50,117,292$1,073,061,591
92$1,887,524,452$124,186,216$51,510,981$1,179,323,049
93$2,079,757,721$129,977,116$52,942,374$1,296,282,489
94$2,291,589,515$136,042,501$54,412,451$1,425,024,694
95$2,525,018,593$142,395,531$55,922,215$1,566,744,795
96$2,782,247,576$149,049,998$57,472,695$1,722,759,517
97$3,065,703,742$156,020,362$59,064,945$1,894,519,558
98$3,378,061,946$163,321,782$60,700,042$2,083,623,245
99$3,722,269,864$170,970,148$62,379,093$2,291,831,575
100$4,101,575,826$178,982,121$64,103,228$2,521,084,789