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%12.1%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,035,428
2 years$535,538$525,564$515,897$506,525$497,434$488,179
3 years$353,479$343,462$333,820$324,536$315,593$306,553
4 years$262,467$252,481$242,935$233,810$225,083$216,330
5 years$207,874$197,948$188,528$179,588$171,105$162,663
6 years$171,491$161,639$152,358$143,618$135,389$127,270
7 years$145,513$135,744$126,611$118,076$110,108$102,314
8 years$126,039$116,358$107,376$99,051$91,345$83,877
9 years$110,900$101,311$92,483$84,370$76,926$69,780
10 years$98,796$89,300$80,629$72,728$65,545$58,718
11 years$88,899$79,499$70,984$63,295$56,371$49,858
12 years$80,658$71,354$62,997$55,518$48,850$42,645
13 years$73,689$64,483$56,283$49,014$42,598$36,693
14 years$67,722$58,613$50,571$43,509$37,341$31,730
15 years$62,555$53,544$45,659$38,803$32,878$27,552
16 years$58,038$49,126$41,396$34,744$29,058$24,008
17 years$54,057$45,243$37,669$31,217$25,764$20,983
18 years$50,522$41,807$34,387$28,133$22,909$18,385
19 years$47,362$38,746$31,480$25,420$20,419$16,145
20 years$44,523$36,005$28,890$23,023$18,239$14,205
21 years$41,957$33,537$26,574$20,895$16,321$12,518
22 years$39,627$31,305$24,492$18,998$14,630$11,048
23 years$37,503$29,279$22,614$17,302$13,133$9,763
24 years$35,559$27,433$20,914$15,780$11,804$8,636
25 years$33,774$25,744$19,370$14,412$10,622$7,647
26 years$32,128$24,196$17,965$13,177$9,568$6,777
27 years$30,607$22,771$16,682$12,061$8,626$6,010
28 years$29,197$21,457$15,508$11,051$7,783$5,334
29 years$27,887$20,242$14,432$10,134$7,028$4,737
30 years$26,666$19,117$13,443$9,300$6,350$4,208
31 years$25,526$18,071$12,532$8,542$5,741$3,740
32 years$24,460$17,099$11,693$7,850$5,194$3,326
33 years$23,460$16,193$10,918$7,219$4,700$2,958
34 years$22,521$15,348$10,201$6,642$4,255$2,632
35 years$21,638$14,557$9,537$6,114$3,854$2,343
36 years$20,806$13,817$8,922$5,631$3,492$2,086
37 years$20,020$13,123$8,350$5,188$3,165$1,857
38 years$19,278$12,471$7,820$4,782$2,869$1,654
39 years$18,575$11,859$7,326$4,409$2,602$1,474
40 years$17,910$11,283$6,867$4,067$2,360$1,313
41 years$17,278$10,740$6,439$3,752$2,141$1,170
42 years$16,678$10,229$6,040$3,463$1,943$1,042
43 years$16,108$9,746$5,668$3,197$1,763$929
44 years$15,565$9,290$5,320$2,952$1,601$828
45 years$15,047$8,859$4,995$2,726$1,453$738
46 years$14,554$8,451$4,692$2,518$1,319$658
47 years$14,083$8,065$4,408$2,326$1,198$587
48 years$13,632$7,699$4,142$2,150$1,088$523
49 years$13,202$7,352$3,893$1,987$988$466
50 years$12,790$7,023$3,660$1,836$898$416

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 $6,418 every year, while hoping to spend $50,581 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: 74/11/15 Blend
39$13,100,000$13,100,000$13,100,000$13,100,000
40$14,442,820$13,748,520$13,545,470$15,463,591
41$15,862,170$14,368,380$13,945,426$16,759,762
42$17,424,598$15,016,917$14,357,084$18,172,689
43$19,144,646$15,695,485$14,780,785$19,719,487
44$21,038,334$16,405,498$15,216,876$21,413,441
45$23,123,318$17,148,441$15,665,715$23,269,173
46$25,419,051$17,925,870$16,127,671$25,302,784
47$27,946,970$18,739,413$16,603,124$27,532,003
48$30,730,694$19,590,777$17,092,461$29,976,348
49$33,796,252$20,481,752$17,596,086$32,657,314
50$37,172,323$21,414,212$18,114,409$35,598,570
51$40,890,514$22,390,122$18,647,855$38,826,179
52$44,985,647$23,411,539$19,196,859$42,368,849
53$49,496,101$24,480,621$19,761,871$46,258,190
54$54,464,160$25,599,629$20,343,351$50,529,021
55$59,936,425$26,770,931$20,941,774$55,219,688
56$65,964,243$27,997,010$21,557,626$60,372,428
57$72,604,200$29,280,468$22,191,411$66,033,762
58$79,918,648$30,624,030$22,843,642$72,254,933
59$87,976,297$32,030,554$23,514,851$79,092,385
60$96,852,864$33,503,036$24,205,583$86,608,292
61$106,631,784$35,044,613$24,916,399$94,871,146
62$117,405,002$36,658,575$25,647,874$103,956,392
63$129,273,837$38,348,370$26,400,603$113,947,146
64$142,349,939$40,117,611$27,175,194$124,934,968
65$156,756,344$41,970,085$27,972,274$137,020,724
66$172,628,634$43,909,762$28,792,487$150,315,538
67$190,116,216$45,940,802$29,636,497$164,941,832
68$209,383,734$48,067,565$30,504,984$181,034,479
69$230,612,623$50,294,624$31,398,649$198,742,070
70$254,002,819$52,626,769$32,318,212$218,228,315
71$279,774,647$55,069,021$33,264,413$239,673,580
72$308,170,903$57,626,645$34,238,013$263,276,585
73$339,459,144$60,305,160$35,239,795$289,256,276
74$373,934,212$63,110,347$36,270,563$317,853,882
75$411,921,018$66,048,272$37,331,144$349,335,192
76$453,777,613$69,125,288$38,422,389$383,993,053
77$499,898,562$72,348,059$39,545,170$422,150,130
78$550,718,669$75,723,568$40,700,388$464,161,943
79$606,717,087$79,259,136$41,888,964$510,420,220
80$668,421,834$82,962,438$43,111,849$561,356,582
81$736,414,783$86,841,519$44,370,018$617,446,615
82$811,337,151$90,904,814$45,664,474$679,214,348
83$893,895,555$95,161,165$46,996,248$747,237,193
84$984,868,679$99,619,839$48,366,400$822,151,387
85$1,085,114,629$104,290,556$49,776,019$904,657,987
86$1,195,579,031$109,183,503$51,226,225$995,529,482
87$1,317,303,957$114,309,359$52,718,168$1,095,617,074
88$1,451,437,764$119,679,322$54,253,031$1,205,858,700
89$1,599,245,938$125,305,130$55,832,029$1,327,287,881
90$1,762,123,033$131,199,091$57,456,412$1,461,043,464
91$1,941,605,843$137,374,108$59,127,462$1,608,380,361
92$2,139,387,908$143,843,707$60,846,500$1,770,681,386
93$2,357,335,498$150,622,072$62,614,882$1,949,470,294
94$2,597,505,238$157,724,073$64,433,999$2,146,426,153
95$2,862,163,519$165,165,299$66,305,286$2,363,399,181
96$3,153,807,897$172,962,098$68,230,211$2,602,428,199
97$3,475,190,667$181,131,606$70,210,288$2,865,759,864
98$3,829,344,853$189,691,792$72,247,071$3,155,869,858
99$4,219,612,835$198,661,497$74,342,155$3,475,486,249
100$4,649,677,907$208,060,473$76,497,180$3,827,615,225