Can I retire at age 40 with 9,200,000?

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 $9,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$759,727$752,960$746,358$739,913$733,621$725,356
2 years$376,103$369,098$362,310$355,728$349,343$341,023
3 years$248,244$241,210$234,438$227,918$221,638$213,520
4 years$184,328$177,315$170,611$164,202$158,074$150,222
5 years$145,988$139,017$132,401$126,123$120,165$112,602
6 years$120,436$113,518$107,000$100,862$95,083$87,817
7 years$102,192$95,332$88,917$82,924$77,328$70,362
8 years$88,516$81,717$75,409$69,563$64,151$57,485
9 years$77,884$71,149$64,950$59,252$54,024$47,656
10 years$69,383$62,715$56,625$51,076$46,031$39,956
11 years$62,433$55,831$49,851$44,451$39,588$33,802
12 years$56,645$50,111$44,242$38,990$34,307$28,802
13 years$51,751$45,286$39,527$34,422$29,916$24,686
14 years$47,560$41,164$35,515$30,556$26,224$21,262
15 years$43,932$37,604$32,066$27,251$23,090$18,388
16 years$40,759$34,501$29,072$24,400$20,407$15,957
17 years$37,963$31,774$26,455$21,923$18,094$13,888
18 years$35,481$29,360$24,150$19,757$16,088$12,117
19 years$33,262$27,211$22,108$17,852$14,340$10,594
20 years$31,268$25,286$20,289$16,169$12,809$9,280
21 years$29,466$23,553$18,662$14,674$11,462$8,142
22 years$27,830$21,986$17,200$13,342$10,274$7,153
23 years$26,338$20,563$15,881$12,151$9,223$6,292
24 years$24,973$19,266$14,688$11,082$8,290$5,540
25 years$23,719$18,080$13,604$10,121$7,460$4,883
26 years$22,563$16,992$12,617$9,254$6,719$4,307
27 years$21,495$15,992$11,716$8,471$6,058$3,802
28 years$20,505$15,069$10,891$7,761$5,466$3,358
29 years$19,585$14,216$10,135$7,117$4,936$2,967
30 years$18,727$13,425$9,441$6,532$4,460$2,623
31 years$17,927$12,691$8,801$5,999$4,032$2,320
32 years$17,178$12,009$8,212$5,513$3,647$2,053
33 years$16,476$11,372$7,667$5,070$3,301$1,817
34 years$15,817$10,778$7,164$4,664$2,989$1,609
35 years$15,196$10,223$6,698$4,294$2,707$1,425
36 years$14,612$9,703$6,266$3,955$2,453$1,262
37 years$14,060$9,216$5,864$3,644$2,223$1,118
38 years$13,539$8,758$5,492$3,358$2,015$991
39 years$13,045$8,328$5,145$3,097$1,827$878
40 years$12,578$7,924$4,823$2,856$1,658$778
41 years$12,134$7,543$4,522$2,635$1,504$690
42 years$11,713$7,183$4,242$2,432$1,365$612
43 years$11,312$6,844$3,980$2,245$1,238$542
44 years$10,931$6,524$3,736$2,073$1,124$481
45 years$10,568$6,221$3,508$1,914$1,020$426
46 years$10,221$5,935$3,295$1,768$927$378
47 years$9,890$5,664$3,096$1,634$841$335
48 years$9,574$5,407$2,909$1,510$764$297
49 years$9,272$5,163$2,734$1,395$694$264
50 years$8,982$4,932$2,571$1,290$630$234

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $9,200,000, adding $5,251 every year, while hoping to spend $29,958 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: 65/23/12 Blend
39$9,200,000$9,200,000$9,200,000$9,200,000
40$10,143,816$9,656,216$9,513,616$10,775,208
41$11,146,611$10,097,496$9,800,447$11,638,592
42$12,250,686$10,559,394$10,095,883$12,577,605
43$13,466,341$11,042,890$10,400,181$13,602,855
44$14,804,924$11,549,008$10,713,603$14,722,752
45$16,278,942$12,078,824$11,036,424$15,946,545
46$17,902,172$12,633,465$11,368,922$17,284,412
47$19,689,799$13,214,110$11,711,387$18,747,550
48$21,658,555$13,821,998$12,064,115$20,348,279
49$23,826,876$14,458,425$12,427,411$22,100,156
50$26,215,080$15,124,749$12,801,592$24,018,101
51$28,845,552$15,822,397$13,186,980$26,118,534
52$31,742,964$16,552,860$13,583,909$28,419,528
53$34,934,500$17,317,703$13,992,723$30,940,975
54$38,450,115$18,118,567$14,413,776$33,704,773
55$42,322,820$18,957,170$14,847,431$36,735,026
56$46,588,992$19,835,315$15,294,063$40,058,272
57$51,288,714$20,754,891$15,754,059$43,703,728
58$56,466,158$21,717,876$16,227,816$47,703,561
59$62,170,001$22,726,347$16,715,743$52,093,189
60$68,453,881$23,782,477$17,218,260$56,911,610
61$75,376,907$24,888,549$17,735,801$62,201,768
62$83,004,214$26,046,950$18,268,814$68,010,953
63$91,407,581$27,260,188$18,817,756$74,391,239
64$100,666,105$28,530,888$19,383,101$81,399,978
65$110,866,949$29,861,803$19,965,337$89,100,328
66$122,106,166$31,255,819$20,564,963$97,561,852
67$134,489,602$32,715,962$21,182,497$106,861,161
68$148,133,901$34,245,403$21,818,470$117,082,636
69$163,167,598$35,847,467$22,473,428$128,319,221
70$179,732,339$37,525,639$23,147,934$140,673,285
71$197,984,216$39,283,574$23,842,568$154,257,591
72$218,095,238$41,125,101$24,557,926$169,196,348
73$240,254,959$43,054,237$25,294,623$185,626,378
74$264,672,262$45,075,192$26,053,291$203,698,399
75$291,577,336$47,192,380$26,834,579$223,578,441
76$321,223,846$49,410,428$27,639,159$245,449,404
77$353,891,326$51,734,187$28,467,719$269,512,774
78$389,887,823$54,168,744$29,320,969$295,990,520
79$429,552,800$56,719,431$30,199,640$325,127,178
80$473,260,341$59,391,839$31,104,484$357,192,147
81$521,422,686$62,191,829$32,036,274$392,482,223
82$574,494,118$65,125,547$32,995,808$431,324,393
83$632,975,256$68,199,437$33,983,905$474,078,905
84$697,417,776$71,420,253$35,001,409$521,142,661
85$768,429,623$74,795,079$36,049,190$572,952,948
86$846,680,748$78,331,341$37,128,142$629,991,555
87$932,909,434$82,036,826$38,239,184$692,789,307
88$1,027,929,264$85,919,699$39,383,264$761,931,062
89$1,132,636,803$89,988,519$40,561,358$838,061,216
90$1,248,020,063$94,252,261$41,774,469$921,889,771
91$1,375,167,825$98,720,338$43,023,630$1,014,199,021
92$1,515,279,925$103,402,617$44,309,903$1,115,850,922
93$1,669,678,576$108,309,444$45,634,384$1,227,795,206
94$1,839,820,853$113,451,669$46,998,198$1,351,078,335
95$2,027,312,447$118,840,667$48,402,504$1,486,853,353
96$2,233,922,823$124,488,367$49,848,495$1,636,390,756
97$2,461,601,931$130,407,276$51,337,399$1,801,090,460
98$2,712,498,605$136,610,510$52,870,479$1,982,495,000
99$2,988,980,858$143,111,820$54,449,036$2,182,304,061
100$3,293,658,234$149,925,627$56,074,407$2,402,390,506