Can I retire at age 40 with 8,100,000?

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 $8,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$668,890$662,932$657,119$651,446$645,905$637,834
2 years$331,134$324,967$318,990$313,195$307,574$299,453
3 years$218,563$212,369$206,408$200,667$195,138$187,218
4 years$162,289$156,114$150,212$144,569$139,174$131,518
5 years$128,533$122,395$116,571$111,043$105,798$98,427
6 years$106,036$99,945$94,206$88,802$83,714$76,638
7 years$89,974$83,934$78,286$73,009$68,082$61,303
8 years$77,932$71,947$66,393$61,245$56,481$49,998
9 years$68,572$62,642$57,184$52,168$47,565$41,376
10 years$61,087$55,216$49,854$44,969$40,528$34,628
11 years$54,968$49,156$43,891$39,136$34,855$29,239
12 years$49,872$44,120$38,952$34,328$30,205$24,867
13 years$45,564$39,871$34,801$30,306$26,339$21,272
14 years$41,874$36,242$31,269$26,903$23,089$18,285
15 years$38,679$33,108$28,232$23,992$20,329$15,781
16 years$35,886$30,376$25,596$21,483$17,967$13,666
17 years$33,424$27,975$23,291$19,302$15,931$11,869
18 years$31,239$25,850$21,262$17,395$14,165$10,333
19 years$29,285$23,957$19,464$15,718$12,625$9,015
20 years$27,529$22,262$17,863$14,236$11,277$7,880
21 years$25,943$20,737$16,431$12,920$10,092$6,898
22 years$24,502$19,357$15,144$11,747$9,046$6,046
23 years$23,189$18,104$13,983$10,698$8,120$5,306
24 years$21,987$16,962$12,931$9,757$7,299$4,661
25 years$20,883$15,918$11,977$8,911$6,568$4,099
26 years$19,866$14,961$11,108$8,148$5,916$3,607
27 years$18,925$14,080$10,315$7,458$5,334$3,176
28 years$18,053$13,267$9,589$6,833$4,813$2,798
29 years$17,243$12,516$8,923$6,266$4,346$2,467
30 years$16,488$11,820$8,312$5,751$3,927$2,175
31 years$15,783$11,174$7,749$5,281$3,550$1,919
32 years$15,124$10,573$7,230$4,854$3,211$1,694
33 years$14,506$10,013$6,751$4,463$2,906$1,496
34 years$13,925$9,490$6,307$4,107$2,631$1,321
35 years$13,379$9,001$5,897$3,781$2,383$1,167
36 years$12,865$8,543$5,516$3,482$2,159$1,031
37 years$12,379$8,114$5,163$3,208$1,957$911
38 years$11,920$7,711$4,835$2,957$1,774$805
39 years$11,486$7,333$4,530$2,726$1,609$712
40 years$11,074$6,976$4,246$2,515$1,459$629
41 years$10,683$6,641$3,981$2,320$1,324$556
42 years$10,312$6,325$3,735$2,141$1,201$492
43 years$9,960$6,026$3,504$1,977$1,090$435
44 years$9,624$5,744$3,290$1,825$990$385
45 years$9,304$5,477$3,089$1,685$898$340
46 years$8,999$5,225$2,901$1,557$816$301
47 years$8,708$4,987$2,726$1,438$741$266
48 years$8,429$4,760$2,561$1,329$673$236
49 years$8,163$4,546$2,407$1,228$611$208
50 years$7,908$4,342$2,263$1,135$555$184

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $8,100,000, adding $2,019 every year, while hoping to spend $43,427 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: 59/33/8 Blend
39$8,100,000$8,100,000$8,100,000$8,100,000
40$8,928,283$8,498,983$8,373,433$9,439,234
41$9,792,761$8,869,227$8,607,737$10,152,657
42$10,743,962$9,256,157$8,848,434$10,925,068
43$11,790,683$9,660,546$9,095,694$11,766,175
44$12,942,621$10,083,202$9,349,688$12,682,575
45$14,210,460$10,524,970$9,610,594$13,681,523
46$15,605,970$10,986,737$9,878,592$14,770,994
47$17,142,123$11,469,430$10,153,869$15,959,758
48$18,833,210$11,974,023$10,436,614$17,257,460
49$20,694,979$12,501,532$10,727,023$18,674,707
50$22,744,784$13,053,024$11,025,295$20,223,168
51$25,001,745$13,629,615$11,331,635$21,915,677
52$27,486,931$14,232,475$11,646,253$23,766,357
53$30,223,558$14,862,827$11,969,363$25,790,743
54$33,237,210$15,521,954$12,301,186$28,005,931
55$36,556,077$16,211,201$12,641,946$30,430,735
56$40,211,220$16,931,973$12,991,876$33,085,855
57$44,236,871$17,685,746$13,351,210$35,994,080
58$48,670,748$18,474,063$13,720,191$39,180,485
59$53,554,413$19,298,542$14,099,067$42,672,677
60$58,933,670$20,160,877$14,488,092$46,501,042
61$64,858,986$21,062,842$14,887,525$50,699,030
62$71,385,979$22,006,297$15,297,633$55,303,468
63$78,575,933$22,993,190$15,718,688$60,354,898
64$86,496,382$24,025,561$16,150,968$65,897,960
65$95,221,748$25,105,547$16,594,760$71,981,805
66$104,834,036$26,235,390$17,050,355$78,660,551
67$115,423,618$27,417,434$17,518,052$85,993,792
68$127,090,077$28,654,138$17,998,156$94,047,153
69$139,943,152$29,948,078$18,490,982$102,892,902
70$154,103,773$31,301,953$18,996,849$112,610,624
71$169,705,199$32,718,590$19,516,085$123,287,969
72$186,894,280$34,200,951$20,049,024$135,021,470
73$205,832,840$35,752,142$20,596,010$147,917,444
74$226,699,207$37,375,414$21,157,394$162,092,992
75$249,689,893$39,074,176$21,733,533$177,677,092
76$275,021,451$40,851,999$22,324,795$194,811,810
77$302,932,518$42,712,627$22,931,555$213,653,628
78$333,686,069$44,659,979$23,554,196$234,374,918
79$367,571,896$46,698,167$24,193,111$257,165,553
80$404,909,349$48,831,496$24,848,699$282,234,690
81$446,050,342$51,064,480$25,521,370$309,812,735
82$491,382,685$53,401,847$26,211,544$340,153,506
83$541,333,736$55,848,554$26,919,648$373,536,613
84$596,374,439$58,409,796$27,646,118$410,270,090
85$657,023,771$61,091,015$28,391,402$450,693,287
86$723,853,638$63,897,917$29,155,956$495,180,058
87$797,494,274$66,836,480$29,940,246$544,142,279
88$878,640,194$69,912,971$30,744,748$598,033,718
89$968,056,745$73,133,958$31,569,949$657,354,301
90$1,066,587,335$76,506,324$32,416,343$722,654,822
91$1,175,161,392$80,037,282$33,284,440$794,542,114
92$1,294,803,140$83,734,396$34,174,755$873,684,769
93$1,426,641,268$87,605,589$35,087,817$960,819,426
94$1,571,919,584$91,659,169$36,024,166$1,056,757,704
95$1,732,008,757$95,903,844$36,984,351$1,162,393,844
96$1,908,419,257$100,348,739$37,968,933$1,278,713,131
97$2,102,815,614$105,003,420$38,978,485$1,406,801,169
98$2,317,032,134$109,877,915$40,013,592$1,547,854,106
99$2,553,090,213$114,982,734$41,074,848$1,703,189,901
100$2,813,217,421$120,328,894$42,162,862$1,874,260,741