Can I retire at age 40 with 13,000,000?

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 $13,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,000,654
2 years$531,449$521,552$511,959$502,659$493,637$457,756
3 years$350,780$340,840$331,272$322,058$313,184$278,532
4 years$260,463$250,553$241,081$232,025$223,365$190,209
5 years$206,287$196,437$187,089$178,217$169,799$138,225
6 years$170,182$160,405$151,195$142,522$134,356$104,389
7 years$144,402$134,708$125,644$117,175$109,267$80,901
8 years$125,077$115,470$106,556$98,295$90,648$63,860
9 years$110,053$100,537$91,777$83,726$76,339$51,096
10 years$98,042$88,619$80,013$72,172$65,044$41,304
11 years$88,220$78,892$70,442$62,812$55,940$33,655
12 years$80,042$70,809$62,516$55,094$48,477$27,594
13 years$73,127$63,991$55,854$48,640$42,273$22,738
14 years$67,205$58,166$50,185$43,177$37,056$18,812
15 years$62,077$53,136$45,310$38,506$32,627$15,614
16 years$57,595$48,751$41,080$34,478$28,836$12,994
17 years$53,644$44,898$37,381$30,978$25,568$10,838
18 years$50,136$41,488$34,124$27,918$22,734$9,055
19 years$47,001$38,450$31,239$25,226$20,263$7,577
20 years$44,183$35,730$28,670$22,847$18,099$6,348
21 years$41,637$33,281$26,371$20,735$16,197$5,324
22 years$39,325$31,067$24,305$18,853$14,518$4,469
23 years$37,217$29,056$22,441$17,170$13,032$3,754
24 years$35,288$27,224$20,754$15,660$11,714$3,155
25 years$33,516$25,548$19,223$14,302$10,541$2,654
26 years$31,883$24,011$17,828$13,077$9,495$2,232
27 years$30,373$22,597$16,555$11,969$8,560$1,879
28 years$28,974$21,293$15,390$10,966$7,724$1,582
29 years$27,674$20,088$14,322$10,056$6,975$1,332
30 years$26,462$18,971$13,340$9,229$6,302$1,122
31 years$25,331$17,934$12,436$8,476$5,698$945
32 years$24,273$16,969$11,603$7,790$5,154$796
33 years$23,281$16,070$10,834$7,164$4,664$671
34 years$22,349$15,230$10,123$6,591$4,223$565
35 years$21,473$14,446$9,464$6,067$3,825$476
36 years$20,647$13,711$8,853$5,588$3,466$401
37 years$19,868$13,022$8,287$5,149$3,141$338
38 years$19,131$12,376$7,760$4,746$2,848$285
39 years$18,434$11,768$7,270$4,376$2,582$240
40 years$17,773$11,197$6,815$4,036$2,342$203
41 years$17,146$10,658$6,390$3,724$2,125$171
42 years$16,551$10,150$5,994$3,436$1,928$144
43 years$15,985$9,671$5,624$3,172$1,750$121
44 years$15,446$9,219$5,280$2,929$1,588$102
45 years$14,932$8,791$4,957$2,705$1,442$86
46 years$14,443$8,386$4,656$2,499$1,309$73
47 years$13,975$8,003$4,374$2,309$1,189$61
48 years$13,528$7,640$4,111$2,133$1,080$52
49 years$13,101$7,296$3,864$1,971$981$44
50 years$12,693$6,969$3,632$1,822$891$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $13,000,000, adding $2,607 every year, while hoping to spend $34,436 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: 54/41/5 Blend
39$13,000,000$13,000,000$13,000,000$13,000,000
40$14,328,689$13,639,689$13,438,189$15,087,222
41$15,753,576$14,271,394$13,851,729$16,231,225
42$17,322,647$14,932,899$14,277,968$17,471,569
43$19,050,572$15,625,627$14,717,296$18,820,552
44$20,953,518$16,351,070$15,170,113$20,288,457
45$23,049,298$17,110,793$15,636,832$21,886,578
46$25,357,541$17,906,437$16,117,881$23,627,324
47$27,899,877$18,739,719$16,613,696$25,524,329
48$30,700,141$19,612,441$17,124,732$27,592,574
49$33,784,598$20,526,494$17,651,453$29,848,525
50$37,182,190$21,483,855$18,194,340$32,310,284
51$40,924,811$22,486,602$18,753,888$34,997,746
52$45,047,606$23,536,909$19,330,607$37,932,788
53$49,589,302$24,637,058$19,925,022$41,139,465
54$54,592,577$25,789,439$20,537,677$44,644,229
55$60,104,458$26,996,561$21,169,127$48,476,173
56$66,176,770$28,261,049$21,819,950$52,667,296
57$72,866,619$29,585,659$22,490,737$57,252,797
58$80,236,938$30,973,280$23,182,100$62,271,400
59$88,357,073$32,426,939$23,894,669$67,765,707
60$97,303,446$33,949,810$24,629,091$73,782,592
61$107,160,268$35,545,221$25,386,036$80,373,635
62$118,020,339$37,216,661$26,166,193$87,595,595
63$129,985,924$38,967,788$26,970,271$95,510,939
64$143,169,716$40,802,437$27,799,002$104,188,414
65$157,695,899$42,724,628$28,653,140$113,703,689
66$173,701,323$44,738,577$29,533,463$124,140,053
67$191,336,794$46,848,704$30,440,770$135,589,191
68$210,768,498$49,059,641$31,375,887$148,152,033
69$232,179,570$51,376,249$32,339,664$161,939,691
70$255,771,821$53,803,619$33,332,978$177,074,496
71$281,767,644$56,347,094$34,356,730$193,691,134
72$310,412,114$59,012,272$35,411,851$211,937,901
73$341,975,302$61,805,026$36,499,300$231,978,084
74$376,754,822$64,731,511$37,620,065$253,991,487
75$415,078,640$67,798,182$38,775,164$278,176,106
76$457,308,175$71,011,807$39,965,646$304,749,978
77$503,841,706$74,379,482$41,192,592$333,953,220
78$555,118,131$77,908,648$42,457,115$366,050,269
79$611,621,116$81,607,107$43,760,364$401,332,361
80$673,883,655$85,483,040$45,103,522$440,120,249
81$742,493,104$89,545,026$46,487,806$482,767,209
82$818,096,727$93,802,058$47,914,473$529,662,349
83$901,407,803$98,263,568$49,384,818$581,234,252
84$993,212,362$102,939,447$50,900,173$637,954,990
85$1,094,376,607$107,840,064$52,461,913$700,344,555
86$1,205,855,088$112,976,293$54,071,453$768,975,730
87$1,328,699,713$118,359,538$55,730,254$844,479,466
88$1,464,069,684$124,001,756$57,439,817$927,550,800
89$1,613,242,433$129,915,483$59,201,693$1,018,955,381
90$1,777,625,689$136,113,870$61,017,477$1,119,536,657
91$1,958,770,761$142,610,701$62,888,814$1,230,223,795
92$2,158,387,189$149,420,436$64,817,400$1,352,040,416
93$2,378,358,880$156,558,235$66,804,981$1,486,114,206
94$2,620,761,894$164,039,997$68,853,355$1,633,687,516
95$2,887,884,043$171,882,392$70,964,378$1,796,129,047
96$3,182,246,490$180,102,905$73,139,960$1,974,946,709
97$3,506,627,553$188,719,868$75,382,070$2,171,801,811
98$3,864,088,930$197,752,508$77,692,736$2,388,524,683
99$4,258,004,607$207,220,987$80,074,048$2,627,131,895
100$4,692,092,709$217,146,447$82,528,160$2,889,845,236