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%16%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,011,167
2 years$531,449$521,552$511,959$502,659$493,637$468,133
3 years$350,780$340,840$331,272$322,058$313,184$288,443
4 years$260,463$250,553$241,081$232,025$223,365$199,579
5 years$206,287$196,437$187,089$178,217$169,799$147,033
6 years$170,182$160,405$151,195$142,522$134,356$112,634
7 years$144,402$134,708$125,644$117,175$109,267$88,591
8 years$125,077$115,470$106,556$98,295$90,648$71,008
9 years$110,053$100,537$91,777$83,726$76,339$57,720
10 years$98,042$88,619$80,013$72,172$65,044$47,425
11 years$88,220$78,892$70,442$62,812$55,940$39,295
12 years$80,042$70,809$62,516$55,094$48,477$32,777
13 years$73,127$63,991$55,854$48,640$42,273$27,488
14 years$67,205$58,166$50,185$43,177$37,056$23,154
15 years$62,077$53,136$45,310$38,506$32,627$19,574
16 years$57,595$48,751$41,080$34,478$28,836$16,597
17 years$53,644$44,898$37,381$30,978$25,568$14,108
18 years$50,136$41,488$34,124$27,918$22,734$12,018
19 years$47,001$38,450$31,239$25,226$20,263$10,255
20 years$44,183$35,730$28,670$22,847$18,099$8,764
21 years$41,637$33,281$26,371$20,735$16,197$7,499
22 years$39,325$31,067$24,305$18,853$14,518$6,424
23 years$37,217$29,056$22,441$17,170$13,032$5,507
24 years$35,288$27,224$20,754$15,660$11,714$4,726
25 years$33,516$25,548$19,223$14,302$10,541$4,057
26 years$31,883$24,011$17,828$13,077$9,495$3,486
27 years$30,373$22,597$16,555$11,969$8,560$2,996
28 years$28,974$21,293$15,390$10,966$7,724$2,576
29 years$27,674$20,088$14,322$10,056$6,975$2,216
30 years$26,462$18,971$13,340$9,229$6,302$1,907
31 years$25,331$17,934$12,436$8,476$5,698$1,641
32 years$24,273$16,969$11,603$7,790$5,154$1,413
33 years$23,281$16,070$10,834$7,164$4,664$1,216
34 years$22,349$15,230$10,123$6,591$4,223$1,048
35 years$21,473$14,446$9,464$6,067$3,825$902
36 years$20,647$13,711$8,853$5,588$3,466$777
37 years$19,868$13,022$8,287$5,149$3,141$670
38 years$19,131$12,376$7,760$4,746$2,848$577
39 years$18,434$11,768$7,270$4,376$2,582$497
40 years$17,773$11,197$6,815$4,036$2,342$428
41 years$17,146$10,658$6,390$3,724$2,125$369
42 years$16,551$10,150$5,994$3,436$1,928$318
43 years$15,985$9,671$5,624$3,172$1,750$274
44 years$15,446$9,219$5,280$2,929$1,588$236
45 years$14,932$8,791$4,957$2,705$1,442$204
46 years$14,443$8,386$4,656$2,499$1,309$176
47 years$13,975$8,003$4,374$2,309$1,189$151
48 years$13,528$7,640$4,111$2,133$1,080$130
49 years$13,101$7,296$3,864$1,971$981$112
50 years$12,693$6,969$3,632$1,822$891$97

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 $6,692 every year, while hoping to spend $20,484 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: 48/43/9 Blend
39$13,000,000$13,000,000$13,000,000$13,000,000
40$14,332,903$13,643,903$13,442,403$14,985,728
41$15,773,064$14,290,659$13,870,928$16,081,204
42$17,359,435$14,968,420$14,313,123$17,267,229
43$19,106,908$15,678,683$14,769,423$18,554,446
44$21,031,893$16,423,019$15,240,279$19,952,283
45$23,152,472$17,203,073$15,726,155$21,471,093
46$25,488,574$18,020,573$16,227,530$23,122,239
47$28,062,156$18,877,329$16,744,900$24,918,199
48$30,897,417$19,775,239$17,278,775$26,872,678
49$34,021,021$20,716,293$17,829,682$29,000,726
50$37,462,353$21,702,579$18,398,164$31,318,878
51$41,253,793$22,736,286$18,984,783$33,845,303
52$45,431,024$23,819,708$19,590,117$36,599,964
53$50,033,367$24,955,252$20,214,764$39,604,801
54$55,104,152$26,145,441$20,859,341$42,883,931
55$60,691,131$27,392,923$21,524,484$46,463,864
56$66,846,921$28,700,471$22,210,849$50,373,746
57$73,629,509$30,070,996$22,919,114$54,645,626
58$81,102,793$31,507,549$23,649,979$59,314,744
59$89,337,189$33,013,330$24,404,164$64,419,858
60$98,410,293$34,591,694$25,182,415$70,003,597
61$108,407,617$36,246,161$25,985,499$76,112,850
62$119,423,391$37,980,420$26,814,211$82,799,202
63$131,561,457$39,798,341$27,669,367$90,119,402
64$144,936,247$41,703,981$28,551,813$98,135,888
65$159,673,866$43,701,597$29,462,419$106,917,366
66$175,913,276$45,795,651$30,402,086$116,539,438
67$193,807,615$47,990,823$31,371,741$127,085,305
68$213,525,639$50,292,021$32,372,342$138,646,535
69$235,253,315$52,704,391$33,404,876$151,323,912
70$259,195,578$55,233,332$34,470,365$165,228,366
71$285,578,265$57,884,502$35,569,860$180,482,009
72$314,650,245$60,663,840$36,704,447$197,219,260
73$346,685,771$63,577,569$37,875,247$215,588,101
74$381,987,069$66,632,219$39,083,417$235,751,449
75$420,887,188$69,834,636$40,330,150$257,888,675
76$463,753,149$73,192,001$41,616,677$282,197,271
77$510,989,405$76,711,844$42,944,271$308,894,691
78$563,041,663$80,402,063$44,314,243$338,220,381
79$620,401,088$84,270,939$45,727,945$370,438,010
80$683,608,943$88,327,160$47,186,776$405,837,933
81$753,261,699$92,579,834$48,692,176$444,739,901
82$830,016,662$97,038,515$50,245,633$487,496,052
83$914,598,182$101,713,223$51,848,683$534,494,200
84$1,007,804,492$106,614,467$53,502,909$586,161,466
85$1,110,515,240$111,753,266$55,209,947$642,968,272
86$1,223,699,798$117,141,178$56,971,483$705,432,746
87$1,348,426,408$122,790,327$58,789,258$774,125,579
88$1,485,872,273$128,713,425$60,665,070$849,675,363
89$1,637,334,667$134,923,805$62,600,772$932,774,492
90$1,804,243,184$141,435,452$64,598,278$1,024,185,649
91$1,988,173,231$148,263,031$66,659,563$1,124,748,963
92$2,190,860,905$155,421,925$68,786,664$1,235,389,886
93$2,414,219,384$162,928,266$70,981,683$1,357,127,886
94$2,660,356,984$170,798,973$73,246,792$1,491,086,011
95$2,931,597,066$179,051,793$75,584,230$1,638,501,441
96$3,230,499,973$187,705,336$77,996,307$1,800,737,103
97$3,559,887,196$196,779,124$80,485,409$1,979,294,482
98$3,922,868,016$206,293,628$83,053,997$2,175,827,726
99$4,322,868,859$216,270,320$85,704,611$2,392,159,199
100$4,763,665,640$226,731,723$88,439,872$2,630,296,612