Can I retire at age 40 with 7,800,000?

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 $7,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$644,117$638,379$632,782$627,318$621,983$603,524
2 years$318,870$312,931$307,176$301,595$296,182$277,738
3 years$210,468$204,504$198,763$193,235$187,910$170,058
4 years$156,278$150,332$144,648$139,215$134,019$116,896
5 years$123,772$117,862$112,253$106,930$101,879$85,533
6 years$102,109$96,243$90,717$85,513$80,614$65,057
7 years$86,641$80,825$75,386$70,305$65,560$50,795
8 years$75,046$69,282$63,934$58,977$54,389$40,404
9 years$66,032$60,322$55,066$50,235$45,803$32,585
10 years$58,825$53,171$48,008$43,303$39,027$26,557
11 years$52,932$47,335$42,265$37,687$33,564$21,822
12 years$48,025$42,486$37,509$33,057$29,086$18,047
13 years$43,876$38,395$33,512$29,184$25,364$15,003
14 years$40,323$34,900$30,111$25,906$22,234$12,525
15 years$37,246$31,881$27,186$23,104$19,576$10,492
16 years$34,557$29,251$24,648$20,687$17,301$8,814
17 years$32,186$26,939$22,429$18,587$15,341$7,422
18 years$30,082$24,893$20,475$16,751$13,640$6,261
19 years$28,201$23,070$18,744$15,136$12,158$5,291
20 years$26,510$21,438$17,202$13,708$10,860$4,477
21 years$24,982$19,969$15,822$12,441$9,718$3,793
22 years$23,595$18,640$14,583$11,312$8,711$3,216
23 years$22,330$17,434$13,465$10,302$7,819$2,730
24 years$21,173$16,334$12,453$9,396$7,028$2,318
25 years$20,110$15,329$11,534$8,581$6,324$1,970
26 years$19,130$14,407$10,697$7,846$5,697$1,675
27 years$18,224$13,558$9,933$7,182$5,136$1,424
28 years$17,384$12,776$9,234$6,580$4,634$1,212
29 years$16,604$12,053$8,593$6,034$4,185$1,031
30 years$15,877$11,382$8,004$5,538$3,781$878
31 years$15,199$10,760$7,462$5,086$3,419$747
32 years$14,564$10,181$6,962$4,674$3,092$637
33 years$13,969$9,642$6,501$4,298$2,799$542
34 years$13,410$9,138$6,074$3,955$2,534$462
35 years$12,884$8,667$5,678$3,640$2,295$393
36 years$12,388$8,227$5,312$3,353$2,079$335
37 years$11,921$7,813$4,972$3,089$1,885$286
38 years$11,479$7,426$4,656$2,847$1,709$243
39 years$11,060$7,061$4,362$2,625$1,549$207
40 years$10,664$6,718$4,089$2,422$1,405$177
41 years$10,288$6,395$3,834$2,234$1,275$151
42 years$9,931$6,090$3,596$2,062$1,157$128
43 years$9,591$5,803$3,375$1,903$1,050$109
44 years$9,268$5,531$3,168$1,757$953$93
45 years$8,959$5,275$2,974$1,623$865$80
46 years$8,666$5,032$2,794$1,499$786$68
47 years$8,385$4,802$2,625$1,385$713$58
48 years$8,117$4,584$2,466$1,280$648$49
49 years$7,861$4,377$2,318$1,183$588$42
50 years$7,616$4,182$2,179$1,093$534$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $7,800,000, adding $2,368 every year, while hoping to spend $50,288 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: 72/7/21 Blend
39$7,800,000$7,800,000$7,800,000$7,800,000
40$8,598,043$8,184,643$8,063,743$9,172,939
41$9,421,537$8,532,184$8,280,372$9,903,562
42$10,327,342$8,895,070$8,502,573$10,697,278
43$11,323,801$9,273,998$8,730,479$11,565,343
44$12,420,105$9,669,701$8,964,227$12,515,133
45$13,626,383$10,082,943$9,203,955$13,554,771
46$14,953,793$10,514,526$9,449,807$14,693,200
47$16,414,631$10,965,288$9,701,926$15,940,271
48$18,022,444$11,436,108$9,960,461$17,306,828
49$19,792,159$11,927,904$10,225,563$18,804,815
50$21,740,226$12,441,637$10,497,386$20,447,389
51$23,884,767$12,978,316$10,776,086$22,249,037
52$26,245,753$13,538,993$11,061,825$24,225,717
53$28,845,189$14,124,773$11,354,766$26,395,004
54$31,707,323$14,736,811$11,655,074$28,776,260
55$34,858,871$15,376,316$11,962,921$31,390,808
56$38,329,276$16,044,555$12,278,478$34,262,140
57$42,150,978$16,742,855$12,601,923$37,416,132
58$46,359,725$17,472,602$12,933,435$40,881,287
59$50,994,909$18,235,251$13,273,197$44,689,009
60$56,099,936$19,032,325$13,621,395$48,873,889
61$61,722,637$19,865,417$13,978,220$53,474,038
62$67,915,721$20,736,197$14,343,865$58,531,440
63$74,737,266$21,646,412$14,718,526$64,092,349
64$82,251,274$22,597,893$15,102,403$70,207,726
65$90,528,271$23,592,557$15,495,701$76,933,713
66$99,645,974$24,632,412$15,898,627$84,332,166
67$109,690,023$25,719,560$16,311,390$92,471,237
68$120,754,790$26,856,203$16,734,207$101,426,012
69$132,944,269$28,044,648$17,167,293$111,279,222
70$146,373,059$29,287,310$17,610,872$122,122,018
71$161,167,442$30,586,719$18,065,167$134,054,835
72$177,466,579$31,945,526$18,530,408$147,188,332
73$195,423,820$33,366,506$19,006,826$161,644,436
74$215,208,152$34,852,568$19,494,658$177,557,496
75$237,005,796$36,406,756$19,994,141$195,075,542
76$261,021,961$38,032,261$20,505,519$214,361,682
77$287,482,785$39,732,425$21,029,037$235,595,641
78$316,637,465$41,510,750$21,564,946$258,975,456
79$348,760,613$43,370,904$22,113,498$284,719,338
80$384,154,844$45,316,727$22,674,950$313,067,733
81$423,153,638$47,352,247$23,249,561$344,285,589
82$466,124,482$49,481,679$23,837,593$378,664,852
83$513,472,340$51,709,443$24,439,314$416,527,220
84$565,643,480$54,040,166$25,054,992$458,227,178
85$623,129,680$56,478,699$25,684,899$504,155,339
86$686,472,875$59,030,124$26,329,311$554,742,128
87$756,270,271$61,699,762$26,988,506$610,461,845
88$833,179,983$64,493,194$27,662,764$671,837,135
89$917,927,244$67,416,264$28,352,370$739,443,919
90$1,011,311,257$70,475,095$29,057,609$813,916,829
91$1,114,212,736$73,676,106$29,778,769$895,955,192
92$1,227,602,219$77,026,019$30,516,142$986,329,630
93$1,352,549,233$80,531,881$31,270,021$1,085,889,330
94$1,490,232,387$84,201,076$32,040,699$1,195,570,054
95$1,641,950,502$88,041,340$32,828,473$1,316,402,972
96$1,809,134,868$92,060,780$33,633,642$1,449,524,387
97$1,993,362,760$96,267,894$34,456,505$1,596,186,463
98$2,196,372,325$100,671,585$35,297,361$1,757,769,034
99$2,420,078,993$105,281,183$36,156,514$1,935,792,630
100$2,666,593,557$110,106,468$37,034,263$2,131,932,823