Can I retire at age 40 with 11,900,000?

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 $11,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$982,691$973,938$965,398$957,062$948,923$924,482
2 years$486,481$477,420$468,640$460,126$451,868$427,408
3 years$321,099$311,999$303,241$294,807$286,684$262,968
4 years$238,424$229,353$220,682$212,392$204,465$181,677
5 years$188,832$179,815$171,258$163,137$155,431$133,633
6 years$155,782$146,833$138,402$130,462$122,987$102,201
7 years$132,184$123,310$115,013$107,260$100,022$80,249
8 years$114,493$105,699$97,540$89,978$82,978$64,209
9 years$100,741$92,030$84,011$76,641$69,879$52,099
10 years$89,746$81,120$73,243$66,065$59,541$42,727
11 years$80,756$72,217$64,482$57,497$51,207$35,334
12 years$73,269$64,818$57,226$50,432$44,375$29,415
13 years$66,939$58,576$51,128$44,524$38,696$24,619
14 years$61,518$53,244$45,938$39,524$33,920$20,695
15 years$56,825$48,640$41,476$35,248$29,866$17,458
16 years$52,721$44,626$37,604$31,561$26,396$14,771
17 years$49,105$41,099$34,218$28,357$23,404$12,529
18 years$45,894$37,977$31,237$25,556$20,810$10,649
19 years$43,024$35,197$28,596$23,092$18,548$9,067
20 years$40,444$32,707$26,244$20,914$16,568$7,731
21 years$38,113$30,465$24,139$18,981$14,826$6,600
22 years$35,997$28,438$22,248$17,258$13,290$5,640
23 years$34,068$26,597$20,542$15,717$11,930$4,824
24 years$32,302$24,920$18,998$14,335$10,723$4,130
25 years$30,680$23,386$17,596$13,091$9,649$3,537
26 years$29,185$21,979$16,319$11,970$8,691$3,032
27 years$27,803$20,685$15,154$10,957$7,836$2,599
28 years$26,523$19,491$14,088$10,039$7,070$2,230
29 years$25,332$18,388$13,110$9,206$6,384$1,913
30 years$24,223$17,365$12,211$8,448$5,769$1,642
31 years$23,188$16,416$11,384$7,759$5,215$1,410
32 years$22,219$15,533$10,622$7,131$4,718$1,211
33 years$21,311$14,710$9,917$6,557$4,270$1,040
34 years$20,458$13,942$9,266$6,033$3,866$893
35 years$19,656$13,223$8,663$5,554$3,501$767
36 years$18,900$12,551$8,104$5,115$3,172$659
37 years$18,186$11,921$7,586$4,713$2,875$567
38 years$17,512$11,329$7,104$4,344$2,607$487
39 years$16,874$10,773$6,655$4,005$2,364$418
40 years$16,269$10,249$6,238$3,694$2,144$360
41 years$15,695$9,756$5,849$3,409$1,945$309
42 years$15,150$9,292$5,487$3,146$1,765$266
43 years$14,632$8,853$5,149$2,904$1,602$228
44 years$14,139$8,439$4,833$2,681$1,454$196
45 years$13,669$8,047$4,538$2,476$1,320$169
46 years$13,221$7,677$4,262$2,287$1,198$145
47 years$12,793$7,326$4,004$2,113$1,088$125
48 years$12,384$6,994$3,763$1,953$988$107
49 years$11,993$6,678$3,537$1,805$898$92
50 years$11,619$6,379$3,325$1,668$815$79

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $11,900,000, adding $4,790 every year, while hoping to spend $43,546 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: 35/49/16 Blend
39$11,900,000$11,900,000$11,900,000$11,900,000
40$13,118,741$12,488,041$12,303,591$13,513,077
41$14,410,520$13,053,622$12,669,429$14,365,861
42$15,832,601$13,645,458$13,046,062$15,280,943
43$17,398,229$14,264,788$13,433,808$16,267,362
44$19,121,997$14,912,912$13,832,990$17,331,472
45$21,019,989$15,591,192$14,243,943$18,480,230
46$23,109,923$16,301,056$14,667,011$19,721,261
47$25,411,327$17,043,999$15,102,547$21,062,923
48$27,945,716$17,821,589$15,550,915$22,514,382
49$30,736,798$18,635,466$16,012,491$24,085,689
50$33,810,701$19,487,354$16,487,659$25,787,867
51$37,196,213$20,379,054$16,976,816$27,633,014
52$40,925,057$21,312,458$17,480,369$29,634,405
53$45,032,189$22,289,545$17,998,738$31,806,610
54$49,556,132$23,312,392$18,532,356$34,165,625
55$54,539,333$24,383,175$19,081,665$36,729,015
56$60,028,567$25,504,173$19,647,123$39,516,067
57$66,075,380$26,677,775$20,229,200$42,547,970
58$72,736,569$27,906,488$20,828,379$45,847,997
59$80,074,728$29,192,934$21,445,158$49,441,723
60$88,158,828$30,539,865$22,080,049$53,357,248
61$97,064,875$31,950,165$22,733,577$57,625,457
62$106,876,625$33,426,857$23,406,285$62,280,299
63$117,686,375$34,973,106$24,098,729$67,359,092
64$129,595,831$36,592,235$24,811,483$72,902,866
65$142,717,074$38,287,722$25,545,135$78,956,737
66$157,173,611$40,063,216$26,300,293$85,570,318
67$173,101,545$41,922,540$27,077,579$92,798,172
68$190,650,860$43,869,702$27,877,635$100,700,313
69$209,986,834$45,908,903$28,701,122$109,342,759
70$231,291,599$48,044,547$29,548,717$118,798,134
71$254,765,862$50,281,250$30,421,119$129,146,339
72$280,630,799$52,623,850$31,319,046$140,475,287
73$309,130,143$55,077,421$32,243,236$152,881,717
74$340,532,482$57,647,280$33,194,450$166,472,081
75$375,133,799$60,339,000$34,173,467$181,363,534
76$413,260,260$63,158,425$35,181,092$197,685,016
77$455,271,300$66,111,680$36,218,151$215,578,446
78$501,563,007$69,205,188$37,285,495$235,200,038
79$552,571,871$72,445,679$38,383,996$256,721,749
80$608,778,897$75,840,212$39,514,554$280,332,880
81$670,714,146$79,396,185$40,678,094$306,241,833
82$738,961,745$83,121,354$41,875,566$334,678,048
83$814,165,395$87,023,851$43,107,949$365,894,144
84$897,034,447$91,112,202$44,376,247$400,168,265
85$988,350,604$95,395,343$45,681,495$437,806,681
86$1,088,975,296$99,882,646$47,024,756$479,146,637
87$1,199,857,815$104,583,933$48,407,123$524,559,505
88$1,322,044,271$109,509,506$49,829,722$574,454,251
89$1,456,687,477$114,670,162$51,293,708$629,281,257
90$1,605,057,823$120,077,223$52,800,270$689,536,528
91$1,768,555,273$125,742,559$54,350,631$755,766,336
92$1,948,722,581$131,678,615$55,946,047$828,572,325
93$2,147,259,857$137,898,440$57,587,813$908,617,149
94$2,366,040,614$144,415,715$59,277,256$996,630,674
95$2,607,129,456$151,244,784$61,015,743$1,093,416,818
96$2,872,801,570$158,400,688$62,804,680$1,199,861,084
97$3,165,564,204$165,899,195$64,645,511$1,316,938,862
98$3,488,180,339$173,756,842$66,539,721$1,445,724,580
99$3,843,694,769$181,990,963$68,488,838$1,587,401,779
100$4,235,462,853$190,619,737$70,494,431$1,743,274,224