Can I retire at age 40 with 13,100,000?

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 $13,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,036,293
2 years$535,538$525,564$515,897$506,525$497,434$489,048
3 years$353,479$343,462$333,820$324,536$315,593$307,399
4 years$262,467$252,481$242,935$233,810$225,083$217,146
5 years$207,874$197,948$188,528$179,588$171,105$163,447
6 years$171,491$161,639$152,358$143,618$135,389$128,021
7 years$145,513$135,744$126,611$118,076$110,108$103,032
8 years$126,039$116,358$107,376$99,051$91,345$84,562
9 years$110,900$101,311$92,483$84,370$76,926$70,433
10 years$98,796$89,300$80,629$72,728$65,545$59,338
11 years$88,899$79,499$70,984$63,295$56,371$50,447
12 years$80,658$71,354$62,997$55,518$48,850$43,202
13 years$73,689$64,483$56,283$49,014$42,598$37,221
14 years$67,722$58,613$50,571$43,509$37,341$32,229
15 years$62,555$53,544$45,659$38,803$32,878$28,022
16 years$58,038$49,126$41,396$34,744$29,058$24,452
17 years$54,057$45,243$37,669$31,217$25,764$21,400
18 years$50,522$41,807$34,387$28,133$22,909$18,778
19 years$47,362$38,746$31,480$25,420$20,419$16,513
20 years$44,523$36,005$28,890$23,023$18,239$14,550
21 years$41,957$33,537$26,574$20,895$16,321$12,842
22 years$39,627$31,305$24,492$18,998$14,630$11,350
23 years$37,503$29,279$22,614$17,302$13,133$10,045
24 years$35,559$27,433$20,914$15,780$11,804$8,900
25 years$33,774$25,744$19,370$14,412$10,622$7,893
26 years$32,128$24,196$17,965$13,177$9,568$7,006
27 years$30,607$22,771$16,682$12,061$8,626$6,223
28 years$29,197$21,457$15,508$11,051$7,783$5,532
29 years$27,887$20,242$14,432$10,134$7,028$4,920
30 years$26,666$19,117$13,443$9,300$6,350$4,378
31 years$25,526$18,071$12,532$8,542$5,741$3,898
32 years$24,460$17,099$11,693$7,850$5,194$3,472
33 years$23,460$16,193$10,918$7,219$4,700$3,093
34 years$22,521$15,348$10,201$6,642$4,255$2,757
35 years$21,638$14,557$9,537$6,114$3,854$2,458
36 years$20,806$13,817$8,922$5,631$3,492$2,192
37 years$20,020$13,123$8,350$5,188$3,165$1,955
38 years$19,278$12,471$7,820$4,782$2,869$1,744
39 years$18,575$11,859$7,326$4,409$2,602$1,556
40 years$17,910$11,283$6,867$4,067$2,360$1,389
41 years$17,278$10,740$6,439$3,752$2,141$1,240
42 years$16,678$10,229$6,040$3,463$1,943$1,107
43 years$16,108$9,746$5,668$3,197$1,763$988
44 years$15,565$9,290$5,320$2,952$1,601$882
45 years$15,047$8,859$4,995$2,726$1,453$788
46 years$14,554$8,451$4,692$2,518$1,319$704
47 years$14,083$8,065$4,408$2,326$1,198$628
48 years$13,632$7,699$4,142$2,150$1,088$561
49 years$13,202$7,352$3,893$1,987$988$501
50 years$12,790$7,023$3,660$1,836$898$448

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $13,100,000, adding $3,957 every year, while hoping to spend $52,742 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: 75/9/16 Blend
39$13,100,000$13,100,000$13,100,000$13,100,000
40$14,440,282$13,745,982$13,542,932$15,471,758
41$15,857,073$14,363,418$13,940,503$16,771,964
42$17,416,610$15,009,340$14,349,625$18,189,708
43$19,133,396$15,685,090$14,770,629$19,742,203
44$21,023,414$16,392,070$15,203,856$21,442,850
45$23,104,273$17,131,753$15,649,656$23,306,398
46$25,395,378$17,905,679$16,108,390$25,349,092
47$27,918,113$18,715,462$16,580,427$27,588,818
48$30,696,037$19,562,797$17,066,147$30,045,271
49$33,755,112$20,449,454$17,565,943$32,740,142
50$37,123,948$21,377,292$18,080,217$35,697,318
51$40,834,069$22,348,257$18,609,382$38,943,106
52$44,920,211$23,364,389$19,153,864$42,506,479
53$49,420,654$24,427,825$19,714,099$46,419,349
54$54,377,577$25,540,804$20,290,538$50,716,863
55$59,837,461$26,705,675$20,883,642$55,437,736
56$65,851,524$27,924,895$21,493,886$60,624,611
57$72,476,206$29,201,042$22,121,758$66,324,460
58$79,773,703$30,536,816$22,767,761$72,589,026
59$87,812,550$31,935,049$23,432,409$79,475,304
60$96,668,269$33,398,706$24,116,235$87,046,084
61$106,424,086$34,930,896$24,819,782$95,370,534
62$117,171,709$36,534,876$25,543,611$104,524,852
63$129,012,199$38,214,061$26,288,297$114,592,983
64$142,056,921$39,972,028$27,054,433$125,667,406
65$156,428,598$41,812,528$27,842,628$137,850,005
66$172,262,465$43,739,492$28,653,506$151,253,029
67$189,707,548$45,757,039$29,487,710$166,000,142
68$208,928,071$47,869,486$30,345,901$182,227,591
69$230,105,002$50,081,360$31,228,757$200,085,490
70$253,437,769$52,397,402$32,136,976$219,739,225
71$279,146,132$54,822,586$33,071,276$241,371,020
72$307,472,266$57,362,121$34,032,392$265,181,644
73$338,683,042$60,021,470$35,021,083$291,392,309
74$373,072,549$62,806,359$36,038,125$320,246,747
75$410,964,866$65,722,788$37,084,320$352,013,510
76$452,717,126$68,777,047$38,160,488$386,988,498
77$498,722,882$71,975,732$39,267,473$425,497,746
78$549,415,826$75,325,753$40,406,144$467,900,497
79$605,273,882$78,834,357$41,577,391$514,592,585
80$666,823,716$82,509,137$42,782,131$566,010,169
81$734,645,707$86,358,057$44,021,305$622,633,842
82$809,379,429$90,389,462$45,295,879$684,993,160
83$891,729,686$94,612,101$46,606,846$753,671,632
84$982,473,167$99,035,147$47,955,228$829,312,228
85$1,082,465,775$103,668,214$49,342,073$912,623,434
86$1,192,650,710$108,521,383$50,768,459$1,004,385,934
87$1,314,067,371$113,605,219$52,235,491$1,105,459,974
88$1,447,861,169$118,930,801$53,744,306$1,216,793,469
89$1,595,294,342$124,509,744$55,296,074$1,339,430,950
90$1,757,757,864$130,354,221$56,891,992$1,474,523,405
91$1,936,784,587$136,476,998$58,533,294$1,623,339,145
92$2,134,063,701$142,891,457$60,221,245$1,787,275,760
93$2,351,456,687$149,611,628$61,957,146$1,967,873,305
94$2,591,014,891$156,652,219$63,742,332$2,166,828,826
95$2,854,998,884$164,028,652$65,578,175$2,386,012,370
96$3,145,899,810$171,757,096$67,466,083$2,627,484,626
97$3,466,462,898$179,854,501$69,407,505$2,893,516,367
98$3,819,713,382$188,338,640$71,403,924$3,186,609,874
99$4,208,985,061$197,228,147$73,456,869$3,509,522,543
100$4,637,951,769$206,542,558$75,567,907$3,865,292,904