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%14.6%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,032,601
2 years$539,626$529,576$519,835$510,392$501,232$481,175
3 years$356,177$346,083$336,368$327,013$318,002$298,499
4 years$264,470$254,408$244,790$235,594$226,802$208,002
5 years$209,461$199,459$189,967$180,959$172,411$154,369
6 years$172,800$162,873$153,521$144,714$136,423$119,158
7 years$146,624$136,781$127,577$118,978$110,948$94,465
8 years$127,001$117,246$108,195$99,807$92,042$76,337
9 years$111,746$102,084$93,189$85,014$77,513$62,575
10 years$99,550$89,982$81,244$73,283$66,045$51,861
11 years$89,578$80,106$71,526$63,778$56,801$43,354
12 years$81,273$71,899$63,477$55,942$49,222$36,493
13 years$74,252$64,975$56,713$49,388$42,923$30,891
14 years$68,239$59,061$50,957$43,841$37,626$26,270
15 years$63,032$53,953$46,007$39,099$33,129$22,425
16 years$58,481$49,501$41,712$35,009$29,279$19,205
17 years$54,469$45,589$37,956$31,455$25,961$16,490
18 years$50,907$42,126$34,649$28,347$23,083$14,192
19 years$47,724$39,042$31,720$25,614$20,575$12,237
20 years$44,863$36,280$29,111$23,199$18,378$10,569
21 years$42,277$33,793$26,776$21,054$16,446$9,141
22 years$39,930$31,544$24,679$19,143$14,742$7,915
23 years$37,790$29,503$22,786$17,434$13,233$6,861
24 years$35,831$27,642$21,073$15,901$11,894$5,952
25 years$34,032$25,941$19,518$14,522$10,703$5,168
26 years$32,373$24,380$18,102$13,278$9,641$4,490
27 years$30,841$22,945$16,809$12,153$8,692$3,903
28 years$29,420$21,621$15,627$11,135$7,843$3,395
29 years$28,100$20,397$14,542$10,211$7,082$2,954
30 years$26,869$19,262$13,545$9,371$6,399$2,571
31 years$25,721$18,209$12,628$8,607$5,785$2,239
32 years$24,647$17,230$11,782$7,910$5,233$1,950
33 years$23,639$16,317$11,001$7,274$4,736$1,698
34 years$22,693$15,465$10,279$6,693$4,288$1,480
35 years$21,803$14,668$9,610$6,161$3,884$1,290
36 years$20,965$13,922$8,990$5,674$3,519$1,124
37 years$20,173$13,223$8,414$5,228$3,189$980
38 years$19,425$12,566$7,880$4,819$2,891$855
39 years$18,717$11,949$7,382$4,443$2,622$745
40 years$18,046$11,369$6,919$4,098$2,378$650
41 years$17,410$10,822$6,488$3,781$2,158$567
42 years$16,806$10,307$6,086$3,489$1,958$494
43 years$16,231$9,820$5,711$3,221$1,777$431
44 years$15,683$9,361$5,361$2,974$1,613$376
45 years$15,162$8,926$5,034$2,747$1,464$328
46 years$14,665$8,515$4,728$2,537$1,329$286
47 years$14,190$8,126$4,442$2,344$1,207$250
48 years$13,737$7,757$4,174$2,166$1,096$218
49 years$13,303$7,408$3,923$2,002$996$190
50 years$12,888$7,076$3,688$1,850$904$166

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 $6,033 every year, while hoping to spend $48,172 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: 65/8/27 Blend
39$13,200,000$13,200,000$13,200,000$13,200,000
40$14,552,623$13,853,023$13,648,423$15,394,621
41$15,985,736$14,480,567$14,054,391$16,591,662
42$17,563,412$15,137,245$14,472,344$17,893,615
43$19,300,345$15,824,436$14,902,632$19,315,652
44$21,212,728$16,543,581$15,345,618$20,869,591
45$23,318,402$17,296,192$15,801,672$22,568,445
46$25,637,027$18,083,853$16,271,176$24,426,534
47$28,190,266$18,908,224$16,754,523$26,459,626
48$31,001,991$19,771,045$17,252,117$28,685,077
49$34,098,506$20,674,138$17,764,375$31,122,001
50$37,508,797$21,619,414$18,291,724$33,791,437
51$41,264,802$22,608,873$18,834,606$36,716,557
52$45,401,719$23,644,615$19,393,472$39,922,873
53$49,958,330$24,728,837$19,968,789$43,438,481
54$54,977,373$25,863,843$20,561,036$47,294,321
55$60,505,942$27,052,049$21,170,708$51,524,466
56$66,595,933$28,295,984$21,798,312$56,166,445
57$73,304,532$29,598,301$22,444,369$61,261,588
58$80,694,756$30,961,779$23,109,417$66,855,417
59$88,836,048$32,389,333$23,794,009$72,998,073
60$97,804,930$33,884,015$24,498,714$79,744,785
61$107,685,727$35,449,027$25,224,115$87,156,386
62$118,571,364$37,087,721$25,970,815$95,299,888
63$130,564,238$38,803,615$26,739,433$104,249,106
64$143,777,192$40,600,394$27,530,606$114,085,357
65$158,334,572$42,481,920$28,344,988$124,898,216
66$174,373,407$44,452,242$29,183,253$136,786,366
67$192,044,697$46,515,604$30,046,094$149,858,517
68$211,514,842$48,676,455$30,934,224$164,234,436
69$232,967,212$50,939,457$31,848,377$180,046,065
70$256,603,876$53,309,499$32,789,306$197,438,768
71$282,647,511$55,791,705$33,757,788$216,572,695
72$311,343,503$58,391,444$34,754,620$237,624,290
73$342,962,264$61,114,349$35,780,623$260,787,951
74$377,801,783$63,966,319$36,836,642$286,277,857
75$416,190,440$66,953,544$37,923,544$314,329,991
76$458,490,105$70,082,508$39,042,223$345,204,353
77$505,099,555$73,360,011$40,193,598$379,187,414
78$556,458,239$76,793,180$41,378,612$416,594,814
79$613,050,422$80,389,489$42,598,238$457,774,331
80$675,409,761$84,156,770$43,853,475$503,109,159
81$744,124,341$88,103,236$45,145,351$553,021,520
82$819,842,226$92,237,496$46,474,922$607,976,641
83$903,277,576$96,568,577$47,843,276$668,487,136
84$995,217,393$101,105,942$49,251,529$735,117,839
85$1,096,528,945$105,859,510$50,700,833$808,491,130
86$1,208,167,956$110,839,684$52,192,369$889,292,796
87$1,331,187,626$116,057,368$53,727,353$978,278,500
88$1,466,748,580$121,523,995$55,307,035$1,076,280,906
89$1,616,129,814$127,251,550$56,932,700$1,184,217,524
90$1,780,740,781$133,252,601$58,605,671$1,303,099,369
91$1,962,134,686$139,540,324$60,327,306$1,434,040,487
92$2,162,023,157$146,128,533$62,099,004$1,578,268,469
93$2,382,292,401$153,031,713$63,922,202$1,737,136,020
94$2,625,021,008$160,265,049$65,798,379$1,912,133,722
95$2,892,499,579$167,844,465$67,729,052$2,104,904,094
96$3,187,252,346$175,786,654$69,715,786$2,317,257,081
97$3,512,061,007$184,109,122$71,760,186$2,551,187,130
98$3,869,990,982$192,830,221$73,863,905$2,808,892,005
99$4,264,420,357$201,969,197$76,028,641$3,092,793,518
100$4,699,071,773$211,546,226$78,256,139$3,405,560,376