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

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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,025,061
2 years$539,626$529,576$519,835$510,392$501,232$473,688
3 years$356,177$346,083$336,368$327,013$318,002$291,302
4 years$264,470$254,408$244,790$235,594$226,802$201,150
5 years$209,461$199,459$189,967$180,959$172,411$147,879
6 years$172,800$162,873$153,521$144,714$136,423$113,035
7 years$146,624$136,781$127,577$118,978$110,948$88,705
8 years$127,001$117,246$108,195$99,807$92,042$70,934
9 years$111,746$102,084$93,189$85,014$77,513$57,520
10 years$99,550$89,982$81,244$73,283$66,045$47,143
11 years$89,578$80,106$71,526$63,778$56,801$38,962
12 years$81,273$71,899$63,477$55,942$49,222$32,414
13 years$74,252$64,975$56,713$49,388$42,923$27,110
14 years$68,239$59,061$50,957$43,841$37,626$22,773
15 years$63,032$53,953$46,007$39,099$33,129$19,198
16 years$58,481$49,501$41,712$35,009$29,279$16,232
17 years$54,469$45,589$37,956$31,455$25,961$13,758
18 years$50,907$42,126$34,649$28,347$23,083$11,685
19 years$47,724$39,042$31,720$25,614$20,575$9,941
20 years$44,863$36,280$29,111$23,199$18,378$8,470
21 years$42,277$33,793$26,776$21,054$16,446$7,225
22 years$39,930$31,544$24,679$19,143$14,742$6,170
23 years$37,790$29,503$22,786$17,434$13,233$5,273
24 years$35,831$27,642$21,073$15,901$11,894$4,510
25 years$34,032$25,941$19,518$14,522$10,703$3,860
26 years$32,373$24,380$18,102$13,278$9,641$3,306
27 years$30,841$22,945$16,809$12,153$8,692$2,832
28 years$29,420$21,621$15,627$11,135$7,843$2,427
29 years$28,100$20,397$14,542$10,211$7,082$2,081
30 years$26,869$19,262$13,545$9,371$6,399$1,785
31 years$25,721$18,209$12,628$8,607$5,785$1,531
32 years$24,647$17,230$11,782$7,910$5,233$1,314
33 years$23,639$16,317$11,001$7,274$4,736$1,127
34 years$22,693$15,465$10,279$6,693$4,288$968
35 years$21,803$14,668$9,610$6,161$3,884$831
36 years$20,965$13,922$8,990$5,674$3,519$713
37 years$20,173$13,223$8,414$5,228$3,189$612
38 years$19,425$12,566$7,880$4,819$2,891$526
39 years$18,717$11,949$7,382$4,443$2,622$451
40 years$18,046$11,369$6,919$4,098$2,378$388
41 years$17,410$10,822$6,488$3,781$2,158$333
42 years$16,806$10,307$6,086$3,489$1,958$286
43 years$16,231$9,820$5,711$3,221$1,777$246
44 years$15,683$9,361$5,361$2,974$1,613$211
45 years$15,162$8,926$5,034$2,747$1,464$181
46 years$14,665$8,515$4,728$2,537$1,329$156
47 years$14,190$8,126$4,442$2,344$1,207$134
48 years$13,737$7,757$4,174$2,166$1,096$115
49 years$13,303$7,408$3,923$2,002$996$99
50 years$12,888$7,076$3,688$1,850$904$85

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 $6,340 every year, while hoping to spend $58,023 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: 51/21/28 Blend
39$13,200,000$13,200,000$13,200,000$13,200,000
40$14,552,940$13,853,340$13,648,740$15,179,999
41$15,975,604$14,470,417$14,044,236$16,234,844
42$17,541,434$15,115,787$14,451,038$17,374,900
43$19,264,974$15,790,774$14,869,461$18,613,484
44$21,162,246$16,496,766$15,299,832$19,960,001
45$23,250,905$17,235,218$15,742,486$21,424,791
46$25,550,405$18,007,652$16,197,768$23,019,223
47$28,082,184$18,815,664$16,666,031$24,755,799
48$30,869,862$19,660,927$17,147,638$26,648,268
49$33,939,467$20,545,191$17,642,962$28,711,752
50$37,319,679$21,470,292$18,152,388$30,962,885
51$41,042,102$22,438,152$18,676,309$33,419,968
52$45,141,560$23,450,785$19,215,129$36,103,132
53$49,656,428$24,510,302$19,769,265$39,034,531
54$54,628,991$25,618,914$20,339,142$42,238,540
55$60,105,844$26,778,938$20,925,200$45,741,985
56$66,138,335$27,992,800$21,527,889$49,574,389
57$72,783,043$29,263,046$22,147,671$53,768,245
58$80,102,318$30,592,339$22,785,022$58,359,319
59$88,164,863$31,983,472$23,440,429$63,386,982
60$97,046,390$33,439,373$24,114,394$68,894,573
61$106,830,326$34,963,107$24,807,432$74,929,807
62$117,608,608$36,557,888$25,520,069$81,545,214
63$129,482,545$38,227,084$26,252,851$88,798,631
64$142,563,777$39,974,222$27,006,333$96,753,740
65$156,975,325$41,803,002$27,781,088$105,480,663
66$172,852,757$43,717,298$28,577,703$115,056,616
67$190,345,465$45,721,173$29,396,783$125,566,629
68$209,618,073$47,818,881$30,238,946$137,104,342
69$230,851,995$50,014,884$31,104,829$149,772,879
70$254,247,142$52,313,858$31,995,084$163,685,815
71$280,023,814$54,720,700$32,910,383$178,968,236
72$308,424,776$57,240,547$33,851,414$195,757,910
73$339,717,549$59,878,780$34,818,882$214,206,582
74$374,196,939$62,641,040$35,813,515$234,481,390
75$412,187,815$65,533,240$36,836,056$256,766,435
76$454,048,178$68,561,574$37,887,270$281,264,509
77$500,172,540$71,732,540$38,967,941$308,198,992
78$550,995,648$75,052,943$40,078,876$337,815,955
79$606,996,587$78,529,919$41,220,901$370,386,464
80$668,703,301$82,170,948$42,394,864$406,209,128
81$736,697,582$85,983,868$43,601,636$445,612,905
82$811,620,556$89,976,898$44,842,111$488,960,190
83$894,178,737$94,158,651$46,117,206$536,650,222
84$985,150,699$98,538,156$47,427,863$589,122,836
85$1,085,394,421$103,124,876$48,775,048$646,862,599
86$1,195,855,391$107,928,734$50,159,751$710,403,366
87$1,317,575,529$112,960,130$51,582,990$780,333,304
88$1,451,703,021$118,229,964$53,045,809$857,300,420
89$1,599,503,163$123,749,667$54,549,277$942,018,664
90$1,762,370,303$129,531,217$56,094,495$1,035,274,644
91$1,941,841,002$135,587,175$57,682,589$1,137,935,033
92$2,139,608,543$141,930,706$59,314,715$1,250,954,725
93$2,357,538,917$148,575,613$60,992,060$1,375,385,828
94$2,597,688,432$155,536,364$62,715,840$1,512,387,570
95$2,862,323,136$162,828,129$64,487,304$1,663,237,217
96$3,153,940,200$170,466,811$66,307,732$1,829,342,104
97$3,475,291,497$178,469,082$68,178,438$2,012,252,892
98$3,829,409,583$186,852,420$70,100,769$2,213,678,180
99$4,219,636,321$195,635,150$72,076,106$2,435,500,599
100$4,649,654,436$204,836,482$74,105,866$2,679,794,556