Can I retire at age 40 with 11,800,000?

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 $11,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$974,433$965,753$957,285$949,019$940,949$903,615
2 years$482,393$473,408$464,701$456,259$448,071$410,921
3 years$318,401$309,378$300,693$292,330$284,274$248,478
4 years$236,421$227,425$218,827$210,607$202,747$168,576
5 years$187,245$178,304$169,819$161,766$154,125$121,667
6 years$154,473$145,599$137,239$129,366$121,954$91,229
7 years$131,073$122,274$114,046$106,359$99,181$70,178
8 years$113,531$104,811$96,720$89,222$82,280$54,970
9 years$99,894$91,257$83,305$75,997$69,292$43,633
10 years$88,992$80,438$72,627$65,510$59,040$34,982
11 years$80,077$71,610$63,940$57,014$50,777$28,263
12 years$72,653$64,273$56,745$50,009$44,002$22,973
13 years$66,377$58,084$50,698$44,150$38,370$18,762
14 years$61,001$52,797$45,552$39,192$33,635$15,382
15 years$56,347$48,231$41,128$34,952$29,615$12,649
16 years$52,278$44,251$37,288$31,296$26,174$10,428
17 years$48,692$40,753$33,931$28,119$23,208$8,615
18 years$45,508$37,658$30,974$25,341$20,635$7,128
19 years$42,662$34,901$28,356$22,898$18,393$5,906
20 years$40,104$32,432$26,023$20,738$16,429$4,899
21 years$37,793$30,209$23,936$18,821$14,702$4,068
22 years$35,695$28,199$22,061$17,113$13,178$3,380
23 years$33,782$26,374$20,370$15,585$11,829$2,810
24 years$32,031$24,711$18,838$14,214$10,633$2,338
25 years$30,422$23,190$17,448$12,981$9,568$1,945
26 years$28,940$21,795$16,182$11,870$8,618$1,620
27 years$27,570$20,511$15,027$10,864$7,770$1,349
28 years$26,300$19,328$13,969$9,954$7,011$1,124
29 years$25,119$18,233$13,000$9,128$6,331$936
30 years$24,020$17,219$12,109$8,377$5,720$780
31 years$22,993$16,278$11,289$7,694$5,172$650
32 years$22,033$15,402$10,532$7,071$4,678$542
33 years$21,132$14,586$9,834$6,502$4,234$452
34 years$20,286$13,825$9,188$5,983$3,833$377
35 years$19,491$13,112$8,591$5,507$3,472$314
36 years$18,741$12,446$8,036$5,072$3,146$262
37 years$18,034$11,820$7,522$4,673$2,851$218
38 years$17,365$11,234$7,044$4,308$2,585$182
39 years$16,732$10,682$6,599$3,972$2,344$152
40 years$16,132$10,163$6,186$3,663$2,126$127
41 years$15,564$9,674$5,800$3,380$1,929$106
42 years$15,023$9,213$5,441$3,119$1,750$88
43 years$14,509$8,779$5,105$2,879$1,588$73
44 years$14,020$8,368$4,792$2,659$1,442$61
45 years$13,554$7,979$4,500$2,455$1,309$51
46 years$13,109$7,612$4,226$2,268$1,188$43
47 years$12,685$7,264$3,971$2,095$1,079$36
48 years$12,280$6,935$3,731$1,936$980$30
49 years$11,892$6,622$3,507$1,789$890$25
50 years$11,521$6,326$3,297$1,654$808$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,800,000, adding $2,957 every year, while hoping to spend $35,654 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: 48/30/22 Blend
39$11,800,000$11,800,000$11,800,000$11,800,000
40$13,006,650$12,381,250$12,198,350$13,549,699
41$14,295,393$12,949,996$12,569,059$14,497,576
42$15,714,392$13,545,415$12,950,992$15,522,474
43$17,276,897$14,168,777$13,344,487$16,634,705
44$18,997,506$14,821,413$13,749,893$17,842,490
45$20,892,306$15,504,716$14,167,568$19,154,859
46$22,979,022$16,220,148$14,597,883$20,581,731
47$25,277,188$16,969,241$15,041,218$22,134,009
48$27,808,327$17,753,600$15,497,965$23,823,671
49$30,596,158$18,574,908$15,968,528$25,663,885
50$33,666,817$19,434,929$16,453,324$27,669,126
51$37,049,102$20,335,511$16,952,781$29,855,307
52$40,774,752$21,278,592$17,467,340$32,239,925
53$44,878,737$22,266,203$17,997,456$34,842,222
54$49,399,594$23,300,473$18,543,597$37,683,358
55$54,379,791$24,383,634$19,106,246$40,786,611
56$59,866,123$25,518,026$19,685,898$44,177,580
57$65,910,158$26,706,099$20,283,066$47,884,433
58$72,568,721$27,950,426$20,898,277$51,938,156
59$79,904,434$29,253,700$21,532,072$56,372,845
60$87,986,301$30,618,746$22,185,011$61,226,017
61$96,890,365$32,048,525$22,857,670$66,538,957
62$106,700,421$33,546,142$23,550,640$72,357,103
63$117,508,810$35,114,849$24,264,534$78,730,461
64$129,417,291$36,758,059$24,999,978$85,714,076
65$142,537,999$38,479,348$25,757,621$93,368,533
66$156,994,503$40,282,465$26,538,130$101,760,529
67$172,922,976$42,171,339$27,342,191$110,963,487
68$190,473,477$44,150,092$28,170,511$121,058,239
69$209,811,368$46,223,043$29,023,820$132,133,780
70$231,118,876$48,394,721$29,902,867$144,288,098
71$254,596,813$50,669,873$30,808,424$157,629,083
72$280,466,470$53,053,479$31,741,288$172,275,538
73$308,971,706$55,550,755$32,702,277$188,358,282
74$340,381,252$58,167,174$33,692,236$206,021,379
75$374,991,246$60,908,473$34,712,032$225,423,476
76$413,128,030$63,780,665$35,762,562$246,739,290
77$455,151,228$66,790,056$36,844,747$270,161,244
78$501,457,142$69,943,257$37,959,534$295,901,261
79$552,482,494$73,247,201$39,107,903$324,192,755
80$608,708,550$76,709,155$40,290,859$355,292,810
81$670,665,658$80,336,739$41,509,438$389,484,596
82$738,938,259$84,137,944$42,764,708$427,080,014
83$814,170,403$88,121,145$44,057,768$468,422,628
84$897,071,830$92,295,127$45,389,749$513,890,884
85$988,424,668$96,669,100$46,761,818$563,901,660
86$1,089,090,819$101,252,720$48,175,172$618,914,179
87$1,200,020,091$106,056,112$49,631,050$679,434,320
88$1,322,259,173$111,089,894$51,130,723$746,019,370
89$1,456,961,508$116,365,198$52,675,501$819,283,256
90$1,605,398,186$121,893,697$54,266,735$899,902,315
91$1,768,969,943$127,687,630$55,905,812$988,621,647
92$1,949,220,385$133,759,832$57,594,165$1,086,262,124
93$2,147,850,561$140,123,760$59,333,266$1,193,728,102
94$2,366,735,020$146,793,527$61,124,632$1,312,015,930
95$2,607,939,511$153,783,928$62,969,826$1,442,223,317
96$2,873,740,481$161,110,481$64,870,455$1,585,559,664
97$3,166,646,572$168,789,456$66,828,177$1,743,357,438
98$3,489,422,297$176,837,914$68,844,696$1,917,084,713
99$3,845,114,146$185,273,747$70,921,768$2,108,358,991
100$4,237,079,343$194,115,714$73,061,202$2,318,962,425