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%20%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$995,116
2 years$531,449$521,552$511,959$502,659$493,637$452,325
3 years$350,780$340,840$331,272$322,058$313,184$273,383
4 years$260,463$250,553$241,081$232,025$223,365$185,379
5 years$206,287$196,437$187,089$178,217$169,799$133,723
6 years$170,182$160,405$151,195$142,522$134,356$100,214
7 years$144,402$134,708$125,644$117,175$109,267$77,046
8 years$125,077$115,470$106,556$98,295$90,648$60,313
9 years$110,053$100,537$91,777$83,726$76,339$47,845
10 years$98,042$88,619$80,013$72,172$65,044$38,335
11 years$88,220$78,892$70,442$62,812$55,940$30,952
12 years$80,042$70,809$62,516$55,094$48,477$25,142
13 years$73,127$63,991$55,854$48,640$42,273$20,519
14 years$67,205$58,166$50,185$43,177$37,056$16,811
15 years$62,077$53,136$45,310$38,506$32,627$13,814
16 years$57,595$48,751$41,080$34,478$28,836$11,380
17 years$53,644$44,898$37,381$30,978$25,568$9,394
18 years$50,136$41,488$34,124$27,918$22,734$7,767
19 years$47,001$38,450$31,239$25,226$20,263$6,431
20 years$44,183$35,730$28,670$22,847$18,099$5,330
21 years$41,637$33,281$26,371$20,735$16,197$4,422
22 years$39,325$31,067$24,305$18,853$14,518$3,672
23 years$37,217$29,056$22,441$17,170$13,032$3,050
24 years$35,288$27,224$20,754$15,660$11,714$2,535
25 years$33,516$25,548$19,223$14,302$10,541$2,108
26 years$31,883$24,011$17,828$13,077$9,495$1,754
27 years$30,373$22,597$16,555$11,969$8,560$1,459
28 years$28,974$21,293$15,390$10,966$7,724$1,215
29 years$27,674$20,088$14,322$10,056$6,975$1,011
30 years$26,462$18,971$13,340$9,229$6,302$842
31 years$25,331$17,934$12,436$8,476$5,698$701
32 years$24,273$16,969$11,603$7,790$5,154$584
33 years$23,281$16,070$10,834$7,164$4,664$486
34 years$22,349$15,230$10,123$6,591$4,223$405
35 years$21,473$14,446$9,464$6,067$3,825$338
36 years$20,647$13,711$8,853$5,588$3,466$281
37 years$19,868$13,022$8,287$5,149$3,141$234
38 years$19,131$12,376$7,760$4,746$2,848$195
39 years$18,434$11,768$7,270$4,376$2,582$163
40 years$17,773$11,197$6,815$4,036$2,342$136
41 years$17,146$10,658$6,390$3,724$2,125$113
42 years$16,551$10,150$5,994$3,436$1,928$94
43 years$15,985$9,671$5,624$3,172$1,750$78
44 years$15,446$9,219$5,280$2,929$1,588$65
45 years$14,932$8,791$4,957$2,705$1,442$54
46 years$14,443$8,386$4,656$2,499$1,309$45
47 years$13,975$8,003$4,374$2,309$1,189$38
48 years$13,528$7,640$4,111$2,133$1,080$31
49 years$13,101$7,296$3,864$1,971$981$26
50 years$12,693$6,969$3,632$1,822$891$22

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 $3,455 every year, while hoping to spend $45,826 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: 50/43/7 Blend
39$13,000,000$13,000,000$13,000,000$13,000,000
40$14,329,564$13,640,564$13,439,064$15,020,423
41$15,742,421$14,260,193$13,840,514$16,111,339
42$17,297,853$14,908,648$14,253,877$17,290,900
43$19,010,356$15,587,293$14,679,503$18,571,515
44$20,895,899$16,297,558$15,117,753$19,962,656
45$22,972,082$17,040,939$15,569,000$21,474,721
46$25,258,297$17,819,008$16,033,624$23,119,131
47$27,775,913$18,633,409$16,512,020$24,908,432
48$30,548,475$19,485,865$17,004,591$26,856,404
49$33,601,931$20,378,183$17,511,756$28,978,189
50$36,964,870$21,312,257$18,033,942$31,290,425
51$40,668,799$22,290,069$18,571,592$33,811,399
52$44,748,434$23,313,701$19,125,158$36,561,211
53$49,242,032$24,385,329$19,695,108$39,561,957
54$54,191,748$25,507,239$20,281,923$42,837,930
55$59,644,037$26,681,824$20,886,098$46,415,841
56$65,650,088$27,911,593$21,508,141$50,325,065
57$72,266,311$29,199,175$22,148,578$54,597,908
58$79,554,865$30,547,326$22,807,946$59,269,901
59$87,584,250$31,958,933$23,486,801$64,380,132
60$96,429,949$33,437,026$24,185,714$69,971,597
61$106,175,139$34,984,776$24,905,271$76,091,603
62$116,911,484$36,605,510$25,646,078$82,792,200
63$128,739,989$38,302,714$26,408,755$90,130,659
64$141,771,964$40,080,043$27,193,944$98,170,007
65$156,130,065$41,941,326$28,002,302$106,979,604
66$171,949,460$43,890,579$28,834,508$116,635,787
67$189,379,097$45,932,010$29,691,257$127,222,575
68$208,583,118$48,070,032$30,573,267$138,832,453
69$229,742,401$50,309,268$31,481,276$151,567,224
70$253,056,270$52,654,566$32,416,043$165,538,958
71$278,744,379$55,111,009$33,378,349$180,871,032
72$307,048,780$57,683,923$34,368,999$197,699,280
73$338,236,213$60,378,893$35,388,818$216,173,254
74$372,600,621$63,201,773$36,438,657$236,457,618
75$410,465,924$66,158,700$37,519,392$258,733,685
76$452,189,080$69,256,107$38,631,923$283,201,105
77$498,163,450$72,500,740$39,777,176$310,079,731
78$548,822,514$75,899,669$40,956,104$339,611,669
79$604,643,965$79,460,306$42,169,687$372,063,542
80$666,154,212$83,190,424$43,418,935$407,728,981
81$733,933,356$87,098,170$44,704,884$446,931,371
82$808,620,663$91,192,085$46,028,601$490,026,878
83$890,920,597$95,481,123$47,391,186$537,407,783
84$981,609,474$99,974,675$48,793,767$589,506,150
85$1,081,542,788$104,682,582$50,237,506$646,797,883
86$1,191,663,289$109,615,164$51,723,599$709,807,178
87$1,313,009,880$114,783,242$53,253,275$779,111,440
88$1,446,727,426$120,198,160$54,827,798$855,346,700
89$1,594,077,564$125,871,810$56,448,469$939,213,577
90$1,756,450,610$131,816,663$58,116,628$1,031,483,860
91$1,935,378,686$138,045,794$59,833,649$1,133,007,745
92$2,132,550,185$144,572,911$61,600,949$1,244,721,821
93$2,349,825,707$151,412,387$63,419,984$1,367,657,870
94$2,589,255,628$158,579,292$65,292,252$1,502,952,555
95$2,853,099,453$166,089,429$67,219,294$1,651,858,103
96$3,143,847,150$173,959,364$69,202,693$1,815,754,075
97$3,464,242,657$182,206,470$71,244,081$1,996,160,335
98$3,817,309,782$190,848,961$73,345,132$2,194,751,340
99$4,206,380,758$199,905,938$75,507,571$2,413,371,889
100$4,635,127,692$209,397,426$77,733,172$2,654,054,476