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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.7%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,012,400
2 years$531,449$521,552$511,959$502,659$493,637$469,356
3 years$350,780$340,840$331,272$322,058$313,184$289,617
4 years$260,463$250,553$241,081$232,025$223,365$200,695
5 years$206,287$196,437$187,089$178,217$169,799$148,089
6 years$170,182$160,405$151,195$142,522$134,356$113,628
7 years$144,402$134,708$125,644$117,175$109,267$89,525
8 years$125,077$115,470$106,556$98,295$90,648$71,883
9 years$110,053$100,537$91,777$83,726$76,339$58,536
10 years$98,042$88,619$80,013$72,172$65,044$48,185
11 years$88,220$78,892$70,442$62,812$55,940$40,001
12 years$80,042$70,809$62,516$55,094$48,477$33,431
13 years$73,127$63,991$55,854$48,640$42,273$28,093
14 years$67,205$58,166$50,185$43,177$37,056$23,712
15 years$62,077$53,136$45,310$38,506$32,627$20,088
16 years$57,595$48,751$41,080$34,478$28,836$17,069
17 years$53,644$44,898$37,381$30,978$25,568$14,541
18 years$50,136$41,488$34,124$27,918$22,734$12,414
19 years$47,001$38,450$31,239$25,226$20,263$10,617
20 years$44,183$35,730$28,670$22,847$18,099$9,094
21 years$41,637$33,281$26,371$20,735$16,197$7,799
22 years$39,325$31,067$24,305$18,853$14,518$6,696
23 years$37,217$29,056$22,441$17,170$13,032$5,755
24 years$35,288$27,224$20,754$15,660$11,714$4,950
25 years$33,516$25,548$19,223$14,302$10,541$4,260
26 years$31,883$24,011$17,828$13,077$9,495$3,669
27 years$30,373$22,597$16,555$11,969$8,560$3,161
28 years$28,974$21,293$15,390$10,966$7,724$2,725
29 years$27,674$20,088$14,322$10,056$6,975$2,349
30 years$26,462$18,971$13,340$9,229$6,302$2,027
31 years$25,331$17,934$12,436$8,476$5,698$1,749
32 years$24,273$16,969$11,603$7,790$5,154$1,509
33 years$23,281$16,070$10,834$7,164$4,664$1,303
34 years$22,349$15,230$10,123$6,591$4,223$1,125
35 years$21,473$14,446$9,464$6,067$3,825$971
36 years$20,647$13,711$8,853$5,588$3,466$839
37 years$19,868$13,022$8,287$5,149$3,141$724
38 years$19,131$12,376$7,760$4,746$2,848$626
39 years$18,434$11,768$7,270$4,376$2,582$540
40 years$17,773$11,197$6,815$4,036$2,342$467
41 years$17,146$10,658$6,390$3,724$2,125$403
42 years$16,551$10,150$5,994$3,436$1,928$348
43 years$15,985$9,671$5,624$3,172$1,750$301
44 years$15,446$9,219$5,280$2,929$1,588$260
45 years$14,932$8,791$4,957$2,705$1,442$225
46 years$14,443$8,386$4,656$2,499$1,309$194
47 years$13,975$8,003$4,374$2,309$1,189$168
48 years$13,528$7,640$4,111$2,133$1,080$145
49 years$13,101$7,296$3,864$1,971$981$125
50 years$12,693$6,969$3,632$1,822$891$108

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 $2,555 every year, while hoping to spend $29,504 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: 29/50/21 Blend
39$13,000,000$13,000,000$13,000,000$13,000,000
40$14,328,635$13,639,635$13,438,135$14,649,519
41$15,758,764$14,276,586$13,856,921$15,533,610
42$17,333,777$14,943,757$14,288,747$16,480,666
43$19,068,422$15,642,601$14,734,019$17,498,269
44$20,978,948$16,374,635$15,193,156$18,592,500
45$23,083,262$17,141,454$15,666,588$19,770,011
46$25,401,097$17,944,727$16,154,761$21,038,081
47$27,954,197$18,786,207$16,658,133$22,404,676
48$30,766,521$19,667,727$17,177,177$23,878,520
49$33,864,474$20,591,214$17,712,380$25,469,166
50$37,277,151$21,558,684$18,264,246$27,187,078
51$41,036,614$22,572,253$18,833,291$29,043,727
52$45,178,193$23,634,138$19,420,051$31,051,682
53$49,740,823$24,746,665$20,025,077$33,224,724
54$54,767,406$25,912,270$20,648,937$35,577,967
55$60,305,221$27,133,511$21,292,215$38,127,987
56$66,406,367$28,413,066$21,955,517$40,892,971
57$73,128,254$29,753,745$22,639,466$43,892,874
58$80,534,150$31,158,492$23,344,702$47,149,601
59$88,693,773$32,630,397$24,071,888$50,687,194
60$97,683,948$34,172,697$24,821,707$54,532,053
61$107,589,339$35,788,787$25,594,862$58,713,168
62$118,503,241$37,482,227$26,392,080$63,262,379
63$130,528,464$39,256,749$27,214,107$68,214,661
64$143,778,304$41,116,266$28,061,716$73,608,442
65$158,377,609$43,064,882$28,935,702$79,485,945
66$174,463,962$45,106,898$29,836,884$85,893,575
67$192,188,976$47,246,825$30,766,110$92,882,332
68$211,719,726$49,489,395$31,724,249$100,508,282
69$233,240,328$51,839,565$32,712,202$108,833,061
70$256,953,676$54,302,538$33,730,894$117,924,437
71$283,083,354$56,883,765$34,781,282$127,856,933
72$311,875,752$59,588,965$35,864,351$138,712,502
73$343,602,388$62,424,134$36,981,116$150,581,282
74$378,562,473$65,395,559$38,132,626$163,562,419
75$417,085,735$68,509,831$39,319,958$177,764,980
76$459,535,532$71,773,864$40,544,229$193,308,954
77$506,312,279$75,194,907$41,806,584$210,326,358
78$557,857,235$78,780,561$43,108,208$228,962,453
79$614,656,662$82,538,797$44,450,321$249,377,085
80$677,246,416$86,477,973$45,834,182$271,746,159
81$746,217,011$90,606,853$47,261,087$296,263,270
82$822,219,187$94,934,631$48,732,375$323,141,495
83$905,970,059$99,470,942$50,249,424$352,615,362
84$998,259,882$104,225,895$51,813,656$384,943,032
85$1,099,959,514$109,210,088$53,426,538$420,408,691
86$1,212,028,638$114,434,636$55,089,581$459,325,192
87$1,335,524,821$119,911,195$56,804,344$502,036,965
88$1,471,613,496$125,651,987$58,572,432$548,923,217
89$1,621,578,967$131,669,829$60,395,504$600,401,471
90$1,786,836,535$137,978,164$62,275,266$656,931,448
91$1,968,945,855$144,591,087$64,213,481$719,019,360
92$2,169,625,664$151,523,382$66,211,964$787,222,627
93$2,390,770,003$158,790,550$68,272,587$862,155,086
94$2,634,466,105$166,408,848$70,397,280$944,492,720
95$2,903,014,093$174,395,327$72,588,034$1,034,979,977
96$3,198,948,697$182,767,865$74,846,900$1,134,436,729
97$3,525,063,187$191,545,212$77,175,994$1,243,765,944
98$3,884,435,739$200,747,035$79,577,496$1,363,962,134
99$4,280,458,498$210,393,954$82,053,657$1,496,120,664
100$4,716,869,604$220,507,596$84,606,793$1,641,448,016