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

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 $13,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,008,753
2 years$535,538$525,564$515,897$506,525$497,434$461,672
3 years$353,479$343,462$333,820$324,536$315,593$281,050
4 years$262,467$252,481$242,935$233,810$225,083$192,025
5 years$207,874$197,948$188,528$179,588$171,105$139,618
6 years$171,491$161,639$152,358$143,618$135,389$105,499
7 years$145,513$135,744$126,611$118,076$110,108$81,809
8 years$126,039$116,358$107,376$99,051$91,345$64,615
9 years$110,900$101,311$92,483$84,370$76,926$51,731
10 years$98,796$89,300$80,629$72,728$65,545$41,844
11 years$88,899$79,499$70,984$63,295$56,371$34,117
12 years$80,658$71,354$62,997$55,518$48,850$27,992
13 years$73,689$64,483$56,283$49,014$42,598$23,081
14 years$67,722$58,613$50,571$43,509$37,341$19,109
15 years$62,555$53,544$45,659$38,803$32,878$15,872
16 years$58,038$49,126$41,396$34,744$29,058$13,219
17 years$54,057$45,243$37,669$31,217$25,764$11,033
18 years$50,522$41,807$34,387$28,133$22,909$9,225
19 years$47,362$38,746$31,480$25,420$20,419$7,725
20 years$44,523$36,005$28,890$23,023$18,239$6,478
21 years$41,957$33,537$26,574$20,895$16,321$5,437
22 years$39,627$31,305$24,492$18,998$14,630$4,567
23 years$37,503$29,279$22,614$17,302$13,133$3,840
24 years$35,559$27,433$20,914$15,780$11,804$3,230
25 years$33,774$25,744$19,370$14,412$10,622$2,718
26 years$32,128$24,196$17,965$13,177$9,568$2,289
27 years$30,607$22,771$16,682$12,061$8,626$1,928
28 years$29,197$21,457$15,508$11,051$7,783$1,624
29 years$27,887$20,242$14,432$10,134$7,028$1,369
30 years$26,666$19,117$13,443$9,300$6,350$1,154
31 years$25,526$18,071$12,532$8,542$5,741$973
32 years$24,460$17,099$11,693$7,850$5,194$820
33 years$23,460$16,193$10,918$7,219$4,700$692
34 years$22,521$15,348$10,201$6,642$4,255$583
35 years$21,638$14,557$9,537$6,114$3,854$492
36 years$20,806$13,817$8,922$5,631$3,492$415
37 years$20,020$13,123$8,350$5,188$3,165$350
38 years$19,278$12,471$7,820$4,782$2,869$295
39 years$18,575$11,859$7,326$4,409$2,602$249
40 years$17,910$11,283$6,867$4,067$2,360$210
41 years$17,278$10,740$6,439$3,752$2,141$177
42 years$16,678$10,229$6,040$3,463$1,943$150
43 years$16,108$9,746$5,668$3,197$1,763$126
44 years$15,565$9,290$5,320$2,952$1,601$107
45 years$15,047$8,859$4,995$2,726$1,453$90
46 years$14,554$8,451$4,692$2,518$1,319$76
47 years$14,083$8,065$4,408$2,326$1,198$64
48 years$13,632$7,699$4,142$2,150$1,088$54
49 years$13,202$7,352$3,893$1,987$988$46
50 years$12,790$7,023$3,660$1,836$898$38

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 $2,436 every year, while hoping to spend $49,749 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: 66/12/22 Blend
39$13,100,000$13,100,000$13,100,000$13,100,000
40$14,438,713$13,744,413$13,541,363$15,310,408
41$15,858,529$14,364,956$13,942,066$16,516,758
42$17,421,499$15,014,239$14,354,525$17,829,185
43$19,142,172$15,693,617$14,779,082$19,262,855
44$21,036,580$16,404,511$15,216,087$20,829,687
45$23,122,387$17,148,408$15,665,902$22,542,800
46$25,419,059$17,926,868$16,128,899$24,416,632
47$27,948,044$18,741,526$16,605,458$26,467,075
48$30,732,978$19,594,094$17,095,974$28,711,625
49$33,799,903$20,486,366$17,600,851$31,169,541
50$37,177,518$21,420,223$18,120,504$33,862,027
51$40,897,445$22,397,634$18,655,361$36,812,429
52$44,994,531$23,420,665$19,205,862$40,046,451
53$49,507,174$24,491,478$19,772,460$43,592,397
54$54,477,688$25,612,343$20,355,619$47,481,434
55$59,952,699$26,785,635$20,955,819$51,747,881
56$65,983,588$28,013,844$21,573,552$56,429,535
57$72,626,971$29,299,580$22,209,324$61,568,019
58$79,945,242$30,645,578$22,863,656$67,209,174
59$88,007,150$32,054,706$23,537,082$73,403,487
60$96,888,460$33,529,967$24,230,155$80,206,565
61$106,672,658$35,074,510$24,943,439$87,679,657
62$117,451,743$36,691,635$25,677,519$95,890,222
63$129,327,097$38,384,801$26,432,992$104,912,570
64$142,410,438$40,157,634$27,210,474$114,828,551
65$156,824,877$42,013,932$28,010,600$125,728,331
66$172,706,079$43,957,679$28,834,019$137,711,229
67$190,203,543$45,993,050$29,681,403$150,886,659
68$209,482,014$48,124,419$30,553,440$165,375,149
69$230,723,037$50,356,373$31,450,838$181,309,480
70$254,126,671$52,693,719$32,374,325$198,835,930
71$279,913,377$55,141,497$33,324,650$218,115,648
72$308,326,099$57,704,988$34,302,583$239,326,175
73$339,632,558$60,389,729$35,308,917$262,663,105
74$374,127,777$63,201,524$36,344,464$288,341,932
75$412,136,869$66,146,457$37,410,062$316,600,071
76$454,018,102$69,230,906$38,506,571$347,699,099
77$500,166,283$72,461,556$39,634,877$381,927,209
78$551,016,487$75,845,415$40,795,888$419,601,929
79$607,048,159$79,389,830$41,990,540$461,073,107
80$668,789,643$83,102,504$43,219,795$506,726,206
81$736,823,169$86,991,509$44,484,641$556,985,937
82$811,790,350$91,065,311$45,786,094$612,320,253
83$894,398,237$95,332,782$47,125,199$673,244,762
84$985,425,994$99,803,225$48,503,030$740,327,581
85$1,085,732,255$104,486,393$49,920,692$814,194,692
86$1,196,263,228$109,392,510$51,379,318$895,535,835
87$1,318,061,629$114,532,294$52,880,077$985,111,014
88$1,452,276,522$119,916,984$54,424,166$1,083,757,654
89$1,600,174,172$125,558,360$56,012,820$1,192,398,498
90$1,763,149,993$131,468,776$57,647,305$1,312,050,304
91$1,942,741,727$137,661,180$59,328,925$1,443,833,428
92$2,140,643,957$144,149,151$61,059,017$1,588,982,387
93$2,358,724,105$150,946,924$62,838,958$1,748,857,503
94$2,599,040,063$158,069,423$64,670,163$1,924,957,721
95$2,863,859,622$165,532,297$66,554,086$2,118,934,751
96$3,155,681,875$173,351,952$68,492,220$2,332,608,642
97$3,477,260,819$181,545,590$70,486,102$2,567,984,943
98$3,831,631,346$190,131,248$72,537,310$2,827,273,623
99$4,222,137,899$199,127,835$74,647,466$3,112,909,913
100$4,652,466,046$208,555,179$76,818,237$3,427,577,275