Can I retire at age 40 with 13,200,000?

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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,013,226
2 years$539,626$529,576$519,835$510,392$501,232$462,027
3 years$356,177$346,083$336,368$327,013$318,002$280,187
4 years$264,470$254,408$244,790$235,594$226,802$190,664
5 years$209,461$199,459$189,967$180,959$172,411$138,045
6 years$172,800$162,873$153,521$144,714$136,423$103,852
7 years$146,624$136,781$127,577$118,978$110,948$80,164
8 years$127,001$117,246$108,195$99,807$92,042$63,016
9 years$111,746$102,084$93,189$85,014$77,513$50,204
10 years$99,550$89,982$81,244$73,283$66,045$40,404
11 years$89,578$80,106$71,526$63,778$56,801$32,772
12 years$81,273$71,899$63,477$55,942$49,222$26,745
13 years$74,252$64,975$56,713$49,388$42,923$21,933
14 years$68,239$59,061$50,957$43,841$37,626$18,057
15 years$63,032$53,953$46,007$39,099$33,129$14,913
16 years$58,481$49,501$41,712$35,009$29,279$12,348
17 years$54,469$45,589$37,956$31,455$25,961$10,246
18 years$50,907$42,126$34,649$28,347$23,083$8,516
19 years$47,724$39,042$31,720$25,614$20,575$7,089
20 years$44,863$36,280$29,111$23,199$18,378$5,907
21 years$42,277$33,793$26,776$21,054$16,446$4,927
22 years$39,930$31,544$24,679$19,143$14,742$4,114
23 years$37,790$29,503$22,786$17,434$13,233$3,436
24 years$35,831$27,642$21,073$15,901$11,894$2,872
25 years$34,032$25,941$19,518$14,522$10,703$2,402
26 years$32,373$24,380$18,102$13,278$9,641$2,009
27 years$30,841$22,945$16,809$12,153$8,692$1,681
28 years$29,420$21,621$15,627$11,135$7,843$1,407
29 years$28,100$20,397$14,542$10,211$7,082$1,178
30 years$26,869$19,262$13,545$9,371$6,399$987
31 years$25,721$18,209$12,628$8,607$5,785$826
32 years$24,647$17,230$11,782$7,910$5,233$692
33 years$23,639$16,317$11,001$7,274$4,736$580
34 years$22,693$15,465$10,279$6,693$4,288$486
35 years$21,803$14,668$9,610$6,161$3,884$407
36 years$20,965$13,922$8,990$5,674$3,519$341
37 years$20,173$13,223$8,414$5,228$3,189$286
38 years$19,425$12,566$7,880$4,819$2,891$240
39 years$18,717$11,949$7,382$4,443$2,622$201
40 years$18,046$11,369$6,919$4,098$2,378$168
41 years$17,410$10,822$6,488$3,781$2,158$141
42 years$16,806$10,307$6,086$3,489$1,958$118
43 years$16,231$9,820$5,711$3,221$1,777$99
44 years$15,683$9,361$5,361$2,974$1,613$83
45 years$15,162$8,926$5,034$2,747$1,464$70
46 years$14,665$8,515$4,728$2,537$1,329$58
47 years$14,190$8,126$4,442$2,344$1,207$49
48 years$13,737$7,757$4,174$2,166$1,096$41
49 years$13,303$7,408$3,923$2,002$996$34
50 years$12,888$7,076$3,688$1,850$904$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $13,200,000, adding $3,100 every year, while hoping to spend $39,290 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: 62/29/9 Blend
39$13,200,000$13,200,000$13,200,000$13,200,000
40$14,549,598$13,849,998$13,645,398$15,423,144
41$15,991,852$14,486,843$14,060,714$16,644,537
42$17,579,900$15,153,578$14,488,627$17,972,290
43$19,328,571$15,851,623$14,929,517$19,420,523
44$21,254,204$16,582,472$15,383,775$21,000,890
45$23,374,807$17,347,688$15,851,806$22,726,207
46$25,710,221$18,148,908$16,334,025$24,610,568
47$28,282,310$18,987,850$16,830,860$26,669,473
48$31,115,165$19,866,315$17,342,754$28,919,972
49$34,235,335$20,786,188$17,870,159$31,380,820
50$37,672,075$21,749,447$18,413,546$34,072,651
51$41,457,622$22,758,164$18,973,394$37,018,164
52$45,627,499$23,814,514$19,550,203$40,242,339
53$50,220,851$24,920,772$20,144,481$43,772,661
54$55,280,814$26,079,327$20,756,758$47,639,379
55$60,854,923$27,292,679$21,387,575$51,875,782
56$66,995,558$28,563,454$22,037,492$56,518,507
57$73,760,441$29,894,399$22,707,084$61,607,883
58$81,213,179$31,288,398$23,396,945$67,188,302
59$89,423,866$32,748,472$24,107,685$73,308,629
60$98,469,741$34,277,788$24,839,933$80,022,662
61$108,435,921$35,879,666$25,594,338$87,389,624
62$119,416,204$37,557,588$26,371,567$95,474,724
63$131,513,949$39,315,203$27,172,307$104,349,756
64$144,843,060$41,156,335$27,997,267$114,093,771
65$159,529,052$43,084,996$28,847,175$124,793,817
66$175,710,243$45,105,389$29,722,784$136,545,746
67$193,539,057$47,221,922$30,624,866$149,455,112
68$213,183,460$49,439,215$31,554,218$163,638,158
69$234,828,550$51,762,114$32,511,661$179,222,900
70$258,678,302$54,195,696$33,498,041$196,350,325
71$284,957,490$56,745,288$34,514,228$215,175,710
72$313,913,818$59,416,470$35,561,117$235,870,076
73$345,820,246$62,215,096$36,639,634$258,621,790
74$380,977,577$65,147,302$37,750,728$283,638,325
75$419,717,292$68,219,522$38,895,379$311,148,213
76$462,404,678$71,438,500$40,074,596$341,403,177
77$509,442,278$74,811,310$41,289,418$374,680,499
78$561,273,692$78,345,365$42,540,915$411,285,621
79$618,387,761$82,048,440$43,830,188$451,555,006
80$681,323,186$85,928,687$45,158,373$495,859,301
81$750,673,610$89,994,653$46,526,638$544,606,816
82$827,093,225$94,255,297$47,936,187$598,247,360
83$911,302,943$98,720,016$49,388,259$657,276,463
84$1,004,097,209$103,398,663$50,884,131$722,240,036
85$1,106,351,493$108,301,566$52,425,118$793,739,503
86$1,219,030,560$113,439,557$54,012,574$872,437,448
87$1,343,197,574$118,823,992$55,647,892$959,063,855
88$1,480,024,140$124,466,781$57,332,510$1,054,422,967
89$1,630,801,358$130,380,410$59,067,905$1,159,400,851
90$1,796,952,018$136,577,971$60,855,601$1,274,973,740
91$1,980,044,026$143,073,194$62,697,166$1,402,217,213
92$2,181,805,210$149,880,473$64,594,214$1,542,316,320
93$2,404,139,631$157,014,906$66,548,410$1,696,576,741
94$2,649,145,557$164,492,320$68,561,465$1,866,437,069
95$2,919,135,273$172,329,313$70,635,143$2,053,482,366
96$3,216,656,911$180,543,290$72,771,261$2,259,459,081
97$3,544,518,507$189,152,502$74,971,689$2,486,291,502
98$3,905,814,507$198,176,087$77,238,353$2,736,099,882
99$4,303,954,986$207,634,114$79,573,237$3,011,220,408
100$4,742,697,836$217,547,627$81,978,382$3,314,227,218