Can I retire at age 40 with 9,000,000?

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 $9,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$743,212$736,591$730,133$723,828$717,673$695,256
2 years$367,927$361,074$354,433$347,994$341,749$319,364
3 years$242,848$235,966$229,342$222,963$216,820$195,169
4 years$180,321$173,460$166,902$160,633$154,638$133,887
5 years$142,814$135,995$129,523$123,381$117,553$97,758
6 years$117,818$111,050$104,674$98,669$93,016$74,194
7 years$99,971$93,260$86,984$81,121$75,647$57,796
8 years$86,591$79,941$73,770$68,051$62,756$45,865
9 years$76,191$69,603$63,538$57,964$52,850$36,900
10 years$67,875$61,351$55,394$49,966$45,031$29,998
11 years$61,076$54,618$48,768$43,485$38,728$24,586
12 years$55,414$49,022$43,280$38,142$33,561$20,279
13 years$50,626$44,301$38,668$33,674$29,266$16,813
14 years$46,527$40,269$34,743$29,892$25,654$13,997
15 years$42,977$36,786$31,369$26,658$22,588$11,692
16 years$39,873$33,751$28,440$23,870$19,963$9,794
17 years$37,138$31,083$25,879$21,447$17,701$8,223
18 years$34,710$28,722$23,625$19,328$15,739$6,917
19 years$32,539$26,619$21,627$17,464$14,028$5,827
20 years$30,588$24,736$19,848$15,817$12,530$4,916
21 years$28,825$23,041$18,257$14,355$11,213$4,152
22 years$27,225$21,508$16,826$13,052$10,051$3,510
23 years$25,766$20,116$15,536$11,887$9,022$2,969
24 years$24,430$18,847$14,368$10,841$8,110$2,513
25 years$23,203$17,687$13,308$9,901$7,297$2,129
26 years$22,073$16,623$12,342$9,053$6,573$1,804
27 years$21,028$15,644$11,461$8,286$5,926$1,529
28 years$20,059$14,741$10,654$7,592$5,347$1,297
29 years$19,159$13,907$9,915$6,962$4,829$1,100
30 years$18,320$13,133$9,235$6,390$4,363$933
31 years$17,537$12,416$8,610$5,868$3,944$792
32 years$16,804$11,748$8,033$5,393$3,568$672
33 years$16,118$11,125$7,501$4,959$3,229$571
34 years$15,473$10,544$7,008$4,563$2,924$485
35 years$14,866$10,001$6,552$4,201$2,648$412
36 years$14,294$9,492$6,129$3,869$2,399$349
37 years$13,754$9,016$5,737$3,564$2,175$297
38 years$13,244$8,568$5,372$3,285$1,971$252
39 years$12,762$8,147$5,033$3,029$1,788$214
40 years$12,304$7,752$4,718$2,794$1,622$182
41 years$11,870$7,379$4,424$2,578$1,471$154
42 years$11,458$7,027$4,150$2,379$1,335$131
43 years$11,066$6,696$3,894$2,196$1,211$111
44 years$10,693$6,382$3,655$2,028$1,100$95
45 years$10,338$6,086$3,432$1,873$998$80
46 years$9,999$5,806$3,223$1,730$906$68
47 years$9,675$5,541$3,028$1,598$823$58
48 years$9,366$5,289$2,846$1,477$747$49
49 years$9,070$5,051$2,675$1,365$679$42
50 years$8,787$4,825$2,515$1,262$617$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $9,000,000, adding $5,182 every year, while hoping to spend $57,484 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: 65/24/11 Blend
39$9,000,000$9,000,000$9,000,000$9,000,000
40$9,923,345$9,446,345$9,306,845$10,543,916
41$10,874,364$9,848,054$9,557,462$11,360,193
42$11,920,460$10,267,519$9,814,548$12,244,500
43$13,071,270$10,705,551$10,078,259$13,209,247
44$14,337,414$11,162,997$10,348,754$14,262,271
45$15,730,589$11,640,743$10,626,196$15,412,193
46$17,263,687$12,139,717$10,910,752$16,668,501
47$18,950,911$12,660,892$11,202,591$18,041,633
48$20,807,912$13,205,283$11,501,885$19,543,073
49$22,851,933$13,773,956$11,808,812$21,185,463
50$25,101,975$14,368,024$12,123,552$22,982,714
51$27,578,974$14,988,655$12,446,289$24,950,137
52$30,306,000$15,637,070$12,777,210$27,104,586
53$33,308,472$16,314,547$13,116,507$29,464,613
54$36,614,402$17,022,425$13,464,375$32,050,642
55$40,254,653$17,762,106$13,821,014$34,885,156
56$44,263,235$18,535,057$14,186,626$37,992,909
57$48,677,625$19,342,815$14,561,418$41,401,157
58$53,539,119$20,186,988$14,945,601$45,139,908
59$58,893,220$21,069,262$15,339,390$49,242,207
60$64,790,073$21,991,400$15,743,004$53,744,440
61$71,284,932$22,955,250$16,156,666$58,686,677
62$78,438,683$23,962,746$16,580,603$64,113,045
63$86,318,423$25,015,914$17,015,046$70,072,140
64$94,998,084$26,116,876$17,460,232$76,617,482
65$104,559,138$27,267,853$17,916,400$83,808,016
66$115,091,365$28,471,172$18,383,794$91,708,665
67$126,693,695$29,729,270$18,862,662$100,390,935
68$139,475,148$31,044,701$19,353,257$109,933,588
69$153,555,858$32,420,136$19,855,836$120,423,380
70$169,068,209$33,858,376$20,370,660$131,955,871
71$186,158,084$35,362,354$20,897,995$144,636,327
72$204,986,241$36,935,142$21,438,110$158,580,704
73$225,729,831$38,579,957$21,991,281$173,916,735
74$248,584,070$40,300,171$22,557,784$190,785,135
75$273,764,079$42,099,314$23,137,905$209,340,918
76$301,506,919$43,981,084$23,731,929$229,754,852
77$332,073,825$45,949,357$24,340,148$252,215,071
78$365,752,670$48,008,191$24,962,858$276,928,833
79$402,860,689$50,161,838$25,600,360$304,124,480
80$443,747,464$52,414,753$26,252,957$334,053,573
81$488,798,232$54,771,603$26,920,958$366,993,269
82$538,437,518$57,237,278$27,604,676$403,248,920
83$593,133,139$59,816,899$28,304,427$443,156,952
84$653,400,626$62,515,833$29,020,532$487,088,026
85$719,808,086$65,339,705$29,753,316$535,450,532
86$792,981,565$68,294,405$30,503,106$588,694,427
87$873,610,960$71,386,107$31,270,236$647,315,476
88$962,456,530$74,621,278$32,055,041$711,859,921
89$1,060,356,072$78,006,696$32,857,861$782,929,621
90$1,168,232,830$81,549,463$33,679,037$861,187,723
91$1,287,104,210$85,257,018$34,518,917$947,364,908
92$1,418,091,388$89,137,161$35,377,849$1,042,266,279
93$1,562,429,888$93,198,060$36,256,186$1,146,778,938
94$1,721,481,251$97,448,279$37,154,282$1,261,880,354
95$1,896,745,883$101,896,789$38,072,495$1,388,647,569
96$2,089,877,224$106,552,993$39,011,184$1,528,267,350
97$2,302,697,355$111,426,744$39,970,713$1,682,047,376
98$2,537,214,197$116,528,367$40,951,444$1,851,428,564
99$2,795,640,472$121,868,683$41,953,744$2,037,998,652
100$3,080,414,585$127,459,033$42,977,979$2,243,507,167