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%17.1%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,006,682
2 years$531,449$521,552$511,959$502,659$493,637$463,695
3 years$350,780$340,840$331,272$322,058$313,184$284,194
4 years$260,463$250,553$241,081$232,025$223,365$195,550
5 years$206,287$196,437$187,089$178,217$169,799$143,233
6 years$170,182$160,405$151,195$142,522$134,356$109,065
7 years$144,402$134,708$125,644$117,175$109,267$85,251
8 years$125,077$115,470$106,556$98,295$90,648$67,892
9 years$110,053$100,537$91,777$83,726$76,339$54,821
10 years$98,042$88,619$80,013$72,172$65,044$44,735
11 years$88,220$78,892$70,442$62,812$55,940$36,806
12 years$80,042$70,809$62,516$55,094$48,477$30,479
13 years$73,127$63,991$55,854$48,640$42,273$25,372
14 years$67,205$58,166$50,185$43,177$37,056$21,211
15 years$62,077$53,136$45,310$38,506$32,627$17,793
16 years$57,595$48,751$41,080$34,478$28,836$14,969
17 years$53,644$44,898$37,381$30,978$25,568$12,623
18 years$50,136$41,488$34,124$27,918$22,734$10,665
19 years$47,001$38,450$31,239$25,226$20,263$9,026
20 years$44,183$35,730$28,670$22,847$18,099$7,649
21 years$41,637$33,281$26,371$20,735$16,197$6,490
22 years$39,325$31,067$24,305$18,853$14,518$5,512
23 years$37,217$29,056$22,441$17,170$13,032$4,685
24 years$35,288$27,224$20,754$15,660$11,714$3,985
25 years$33,516$25,548$19,223$14,302$10,541$3,392
26 years$31,883$24,011$17,828$13,077$9,495$2,888
27 years$30,373$22,597$16,555$11,969$8,560$2,460
28 years$28,974$21,293$15,390$10,966$7,724$2,097
29 years$27,674$20,088$14,322$10,056$6,975$1,787
30 years$26,462$18,971$13,340$9,229$6,302$1,524
31 years$25,331$17,934$12,436$8,476$5,698$1,300
32 years$24,273$16,969$11,603$7,790$5,154$1,109
33 years$23,281$16,070$10,834$7,164$4,664$946
34 years$22,349$15,230$10,123$6,591$4,223$807
35 years$21,473$14,446$9,464$6,067$3,825$689
36 years$20,647$13,711$8,853$5,588$3,466$588
37 years$19,868$13,022$8,287$5,149$3,141$502
38 years$19,131$12,376$7,760$4,746$2,848$428
39 years$18,434$11,768$7,270$4,376$2,582$366
40 years$17,773$11,197$6,815$4,036$2,342$312
41 years$17,146$10,658$6,390$3,724$2,125$267
42 years$16,551$10,150$5,994$3,436$1,928$228
43 years$15,985$9,671$5,624$3,172$1,750$194
44 years$15,446$9,219$5,280$2,929$1,588$166
45 years$14,932$8,791$4,957$2,705$1,442$142
46 years$14,443$8,386$4,656$2,499$1,309$121
47 years$13,975$8,003$4,374$2,309$1,189$103
48 years$13,528$7,640$4,111$2,133$1,080$88
49 years$13,101$7,296$3,864$1,971$981$75
50 years$12,693$6,969$3,632$1,822$891$64

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 $6,774 every year, while hoping to spend $56,980 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: 61/9/30 Blend
39$13,000,000$13,000,000$13,000,000$13,000,000
40$14,332,987$13,643,987$13,442,487$15,090,357
41$15,734,326$14,251,916$13,832,184$16,215,770
42$17,276,691$14,887,724$14,233,027$17,437,032
43$18,974,408$15,552,717$14,645,327$18,769,038
44$20,843,259$16,248,262$15,069,408$20,222,626
45$22,900,638$16,975,793$15,505,599$21,809,725
46$25,165,707$17,736,812$15,954,241$23,543,465
47$27,659,584$18,532,889$16,415,682$25,438,297
48$30,405,535$19,365,675$16,890,281$27,510,130
49$33,429,201$20,236,894$17,378,407$29,776,476
50$36,758,833$21,148,356$17,880,437$32,256,614
51$40,425,563$22,101,954$18,396,761$34,971,772
52$44,463,695$23,099,675$18,927,777$37,945,322
53$48,911,031$24,143,597$19,473,896$41,202,997
54$53,809,224$25,235,902$20,035,540$44,773,134
55$59,204,175$26,378,871$20,613,140$48,686,940
56$65,146,462$27,574,897$21,207,142$52,978,778
57$71,691,822$28,826,488$21,818,002$57,686,493
58$78,901,672$30,136,270$22,446,190$62,851,765
59$86,843,691$31,506,995$23,092,185$68,520,498
60$95,592,459$32,941,549$23,756,485$74,743,253
61$105,230,158$34,442,954$24,439,595$81,575,717
62$115,847,351$36,014,376$25,142,039$89,079,230
63$127,543,836$37,659,135$25,864,352$97,321,356
64$140,429,583$39,380,708$26,607,084$106,376,521
65$154,625,780$41,182,742$27,370,800$116,326,707
66$170,265,968$43,069,055$28,156,081$127,262,225
67$187,497,309$45,043,651$28,963,522$139,282,564
68$206,481,969$47,110,725$29,793,734$152,497,320
69$227,398,653$49,274,673$30,647,347$167,027,233
70$250,444,287$51,540,104$31,525,005$183,005,315
71$275,835,882$53,911,846$32,427,370$200,578,107
72$303,812,577$56,394,962$33,355,122$219,907,053
73$334,637,900$58,994,755$34,308,959$241,170,018
74$368,602,254$61,716,786$35,289,597$264,562,965
75$406,025,657$64,566,882$36,297,773$290,301,795
76$447,260,766$67,551,152$37,334,240$318,624,382
77$492,696,202$70,675,995$38,399,774$349,792,810
78$542,760,219$73,948,124$39,495,171$384,095,840
79$597,924,750$77,374,570$40,621,248$421,851,633
80$658,709,857$80,962,707$41,778,842$463,410,742
81$725,688,643$84,720,261$42,968,815$509,159,414
82$799,492,663$88,655,332$44,192,048$559,523,232
83$880,817,882$92,776,410$45,449,449$614,971,122
84$970,431,248$97,092,396$46,741,948$676,019,768
85$1,069,177,930$101,612,618$48,070,498$743,238,490
86$1,177,989,299$106,346,856$49,436,079$817,254,599
87$1,297,891,716$111,305,362$50,839,697$898,759,318
88$1,430,016,227$116,498,880$52,282,382$988,514,291
89$1,575,609,234$121,938,677$53,765,194$1,087,358,768
90$1,736,044,265$127,636,561$55,289,217$1,196,217,514
91$1,912,834,940$133,604,913$56,855,566$1,316,109,530
92$2,107,649,261$139,856,710$58,465,384$1,448,157,659
93$2,322,325,354$146,405,558$60,119,843$1,593,599,176
94$2,558,888,829$153,265,719$61,820,147$1,753,797,457
95$2,819,571,896$160,452,146$63,567,529$1,930,254,832
96$3,106,834,443$167,980,515$65,363,254$2,124,626,761
97$3,423,387,256$175,867,259$67,208,623$2,338,737,443
98$3,772,217,609$184,129,609$69,104,965$2,574,597,025
99$4,156,617,472$192,785,626$71,053,648$2,834,420,562
100$4,580,214,582$201,854,249$73,056,073$3,120,648,916