Can I retire at age 40 with 12,600,000?

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 $12,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$965,640
2 years$515,097$505,504$496,207$487,192$478,448$439,527
3 years$339,987$330,352$321,079$312,149$303,547$266,031
4 years$252,449$242,844$233,663$224,886$216,493$180,666
5 years$199,940$190,393$181,332$172,734$164,574$130,530
6 years$164,946$155,470$146,543$138,137$130,222$97,983
7 years$139,959$130,563$121,778$113,570$105,905$75,460
8 years$121,228$111,917$103,277$95,271$87,859$59,178
9 years$106,667$97,444$88,953$81,150$73,990$47,031
10 years$95,025$85,892$77,551$69,952$63,043$37,754
11 years$85,506$76,465$68,275$60,879$54,219$30,543
12 years$77,579$68,630$60,592$53,399$46,985$24,859
13 years$70,877$62,022$54,135$47,143$40,972$20,331
14 years$65,137$56,376$48,641$41,849$35,916$16,691
15 years$60,167$51,501$43,916$37,322$31,623$13,746
16 years$55,823$47,251$39,816$33,417$27,949$11,349
17 years$51,993$43,516$36,231$30,025$24,781$9,389
18 years$48,593$40,211$33,074$27,059$22,034$7,780
19 years$45,555$37,267$30,278$24,450$19,640$6,456
20 years$42,823$34,630$27,788$22,144$17,542$5,364
21 years$40,355$32,257$25,559$20,097$15,698$4,460
22 years$38,115$30,111$23,557$18,273$14,071$3,712
23 years$36,072$28,162$21,751$16,642$12,631$3,091
24 years$34,202$26,386$20,116$15,178$11,353$2,576
25 years$32,485$24,762$18,631$13,862$10,216$2,147
26 years$30,902$23,272$17,279$12,674$9,202$1,790
27 years$29,439$21,902$16,045$11,601$8,297$1,493
28 years$28,083$20,638$14,916$10,629$7,486$1,246
29 years$26,822$19,470$13,881$9,747$6,760$1,040
30 years$25,648$18,387$12,930$8,945$6,108$868
31 years$24,552$17,382$12,054$8,216$5,522$724
32 years$23,526$16,447$11,246$7,550$4,995$605
33 years$22,565$15,575$10,501$6,943$4,521$505
34 years$21,662$14,762$9,811$6,388$4,093$422
35 years$20,812$14,001$9,173$5,881$3,707$352
36 years$20,012$13,289$8,581$5,416$3,359$294
37 years$19,256$12,622$8,032$4,990$3,044$246
38 years$18,542$11,995$7,521$4,600$2,760$205
39 years$17,867$11,406$7,047$4,241$2,503$171
40 years$17,226$10,852$6,605$3,912$2,270$143
41 years$16,619$10,330$6,193$3,609$2,060$120
42 years$16,042$9,838$5,810$3,331$1,869$100
43 years$15,493$9,374$5,451$3,075$1,696$83
44 years$14,971$8,935$5,117$2,839$1,540$70
45 years$14,473$8,520$4,805$2,622$1,398$58
46 years$13,998$8,128$4,513$2,422$1,269$49
47 years$13,545$7,757$4,240$2,237$1,152$41
48 years$13,112$7,405$3,984$2,068$1,046$34
49 years$12,698$7,071$3,745$1,911$950$28
50 years$12,302$6,755$3,521$1,766$863$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $12,600,000, adding $2,075 every year, while hoping to spend $35,113 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: 65/7/28 Blend
39$12,600,000$12,600,000$12,600,000$12,600,000
40$13,887,340$13,219,540$13,024,240$14,686,998
41$15,266,489$13,829,938$13,423,192$15,838,277
42$16,785,134$14,469,068$13,834,333$17,092,083
43$18,457,467$15,138,302$14,258,032$18,461,823
44$20,299,126$15,839,076$14,694,673$19,958,916
45$22,327,342$16,572,896$15,144,650$21,595,928
46$24,561,105$17,341,341$15,608,369$23,386,695
47$27,021,336$18,146,066$16,086,249$25,346,448
48$29,731,094$18,988,805$16,578,720$27,491,953
49$32,715,785$19,871,375$17,086,226$29,841,672
50$36,003,406$20,795,684$17,609,226$32,415,932
51$39,624,809$21,763,728$18,148,190$35,237,115
52$43,613,990$22,777,601$18,703,605$38,329,867
53$48,008,412$23,839,498$19,275,971$41,721,329
54$52,849,358$24,951,722$19,865,804$45,441,390
55$58,182,319$26,116,683$20,473,635$49,522,966
56$64,057,426$27,336,910$21,100,012$54,002,311
57$70,529,919$28,615,055$21,745,498$58,919,351
58$77,660,674$29,953,895$22,410,675$64,318,064
59$85,516,772$31,356,345$23,096,142$70,246,887
60$94,172,135$32,825,459$23,802,515$76,759,173
61$103,708,224$34,364,437$24,530,430$83,913,693
62$114,214,805$35,976,637$25,280,543$91,775,182
63$125,790,801$37,665,578$26,053,526$100,414,951
64$138,545,220$39,434,948$26,850,077$109,911,556
65$152,598,188$41,288,616$27,670,910$120,351,534
66$168,082,081$43,230,637$28,516,763$131,830,219
67$185,142,776$45,265,261$29,388,398$144,452,633
68$203,941,027$47,396,946$30,286,596$158,334,479
69$224,653,980$49,630,365$31,212,166$173,603,223
70$247,476,849$51,970,416$32,165,937$190,399,299
71$272,624,759$54,422,237$33,148,767$208,877,424
72$300,334,771$56,991,214$34,161,537$229,208,057
73$330,868,127$59,682,993$35,205,158$251,579,003
74$364,512,710$62,503,493$36,280,565$276,197,180
75$401,585,765$65,458,924$37,388,723$303,290,565
76$442,436,894$68,555,792$38,530,626$333,110,343
77$487,451,354$71,800,922$39,707,298$365,933,271
78$537,053,694$75,201,470$40,919,795$402,064,287
79$591,711,766$78,764,936$42,169,203$441,839,376
80$651,941,137$82,499,189$43,456,642$485,628,742
81$718,309,959$86,412,475$44,783,265$533,840,292
82$791,444,331$90,513,443$46,150,262$586,923,480
83$872,034,213$94,811,162$47,558,855$645,373,545
84$960,839,933$99,315,139$49,010,307$709,736,172
85$1,058,699,370$104,035,345$50,505,917$780,612,645
86$1,166,535,864$108,982,235$52,047,023$858,665,506
87$1,285,366,929$114,166,771$53,635,005$944,624,804
88$1,416,313,861$119,600,449$55,271,283$1,039,294,980
89$1,560,612,325$125,295,320$56,957,321$1,143,562,450
90$1,719,624,017$131,264,026$58,694,626$1,258,403,961
91$1,894,849,523$137,519,819$60,484,752$1,384,895,806
92$2,087,942,482$144,076,598$62,329,299$1,524,223,970
93$2,300,725,199$150,948,935$64,229,915$1,677,695,319
94$2,535,205,850$158,152,114$66,188,297$1,846,749,923
95$2,793,597,437$165,702,158$68,206,196$2,032,974,638
96$3,078,338,685$173,615,873$70,285,413$2,238,118,079
97$3,392,117,061$181,910,881$72,427,805$2,464,107,110
98$3,737,894,149$190,605,662$74,635,283$2,713,065,024
99$4,118,933,605$199,719,592$76,909,818$2,987,331,573
100$4,538,831,974$209,272,994$79,253,439$3,289,485,041