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%13.2%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,038,573
2 years$539,626$529,576$519,835$510,392$501,232$487,135
3 years$356,177$346,083$336,368$327,013$318,002$304,261
4 years$264,470$254,408$244,790$235,594$226,802$213,523
5 years$209,461$199,459$189,967$180,959$172,411$159,632
6 years$172,800$162,873$153,521$144,714$136,423$124,159
7 years$146,624$136,781$127,577$118,978$110,948$99,205
8 years$127,001$117,246$108,195$99,807$92,042$80,817
9 years$111,746$102,084$93,189$85,014$77,513$66,801
10 years$99,550$89,982$81,244$73,283$66,045$55,839
11 years$89,578$80,106$71,526$63,778$56,801$47,091
12 years$81,273$71,899$63,477$55,942$49,222$39,998
13 years$74,252$64,975$56,713$49,388$42,923$34,171
14 years$68,239$59,061$50,957$43,841$37,626$29,334
15 years$63,032$53,953$46,007$39,099$33,129$25,283
16 years$58,481$49,501$41,712$35,009$29,279$21,864
17 years$54,469$45,589$37,956$31,455$25,961$18,962
18 years$50,907$42,126$34,649$28,347$23,083$16,485
19 years$47,724$39,042$31,720$25,614$20,575$14,361
20 years$44,863$36,280$29,111$23,199$18,378$12,534
21 years$42,277$33,793$26,776$21,054$16,446$10,955
22 years$39,930$31,544$24,679$19,143$14,742$9,588
23 years$37,790$29,503$22,786$17,434$13,233$8,402
24 years$35,831$27,642$21,073$15,901$11,894$7,369
25 years$34,032$25,941$19,518$14,522$10,703$6,470
26 years$32,373$24,380$18,102$13,278$9,641$5,684
27 years$30,841$22,945$16,809$12,153$8,692$4,997
28 years$29,420$21,621$15,627$11,135$7,843$4,396
29 years$28,100$20,397$14,542$10,211$7,082$3,869
30 years$26,869$19,262$13,545$9,371$6,399$3,406
31 years$25,721$18,209$12,628$8,607$5,785$3,000
32 years$24,647$17,230$11,782$7,910$5,233$2,644
33 years$23,639$16,317$11,001$7,274$4,736$2,330
34 years$22,693$15,465$10,279$6,693$4,288$2,054
35 years$21,803$14,668$9,610$6,161$3,884$1,812
36 years$20,965$13,922$8,990$5,674$3,519$1,598
37 years$20,173$13,223$8,414$5,228$3,189$1,410
38 years$19,425$12,566$7,880$4,819$2,891$1,244
39 years$18,717$11,949$7,382$4,443$2,622$1,098
40 years$18,046$11,369$6,919$4,098$2,378$969
41 years$17,410$10,822$6,488$3,781$2,158$855
42 years$16,806$10,307$6,086$3,489$1,958$755
43 years$16,231$9,820$5,711$3,221$1,777$666
44 years$15,683$9,361$5,361$2,974$1,613$588
45 years$15,162$8,926$5,034$2,747$1,464$519
46 years$14,665$8,515$4,728$2,537$1,329$459
47 years$14,190$8,126$4,442$2,344$1,207$405
48 years$13,737$7,757$4,174$2,166$1,096$358
49 years$13,303$7,408$3,923$2,002$996$316
50 years$12,888$7,076$3,688$1,850$904$279

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 $3,723 every year, while hoping to spend $33,184 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: 63/24/13 Blend
39$13,200,000$13,200,000$13,200,000$13,200,000
40$14,550,240$13,850,640$13,646,040$15,421,792
41$15,999,057$14,494,014$14,067,875$16,649,446
42$17,594,541$15,167,801$14,502,729$17,985,273
43$19,351,618$15,873,456$14,951,004$19,443,117
44$21,286,732$16,612,506$15,413,112$21,034,834
45$23,418,008$17,386,547$15,889,480$22,773,467
46$25,765,415$18,197,258$16,380,548$24,673,361
47$28,350,959$19,046,395$16,886,768$26,750,297
48$31,198,888$19,935,800$17,408,606$29,021,636
49$34,335,924$20,867,404$17,946,544$31,506,481
50$37,791,513$21,843,231$18,501,078$34,225,851
51$41,598,101$22,865,404$19,072,718$37,202,877
52$45,791,445$23,936,146$19,661,991$40,463,011
53$50,410,946$25,057,790$20,269,441$44,034,270
54$55,500,022$26,232,781$20,895,627$47,947,489
55$61,106,519$27,463,683$21,541,125$52,236,607
56$67,283,162$28,753,181$22,206,531$56,938,986
57$74,088,051$30,104,094$22,892,457$62,095,754
58$81,585,213$31,519,375$23,599,535$67,752,191
59$89,845,201$33,002,120$24,328,415$73,958,146
60$98,945,763$34,555,576$25,079,769$80,768,506
61$108,972,579$36,183,147$25,854,289$88,243,701
62$120,020,061$37,888,401$26,652,687$96,450,276
63$132,192,254$39,675,078$27,475,698$105,461,504
64$145,603,809$41,547,103$28,324,080$115,358,072
65$160,381,074$43,508,587$29,198,612$126,228,840
66$176,663,278$45,563,843$30,100,101$138,171,662
67$194,603,852$47,717,391$31,029,374$151,294,308
68$214,371,874$49,973,972$31,987,287$165,715,473
69$236,153,665$52,338,556$32,974,720$181,565,879
70$260,154,547$54,816,354$33,992,582$198,989,511
71$286,600,786$57,412,831$35,041,809$218,144,954
72$315,741,722$60,133,714$36,123,365$239,206,888
73$347,852,123$62,985,012$37,238,243$262,367,722
74$383,234,785$65,973,024$38,387,470$287,839,396
75$422,223,384$69,104,353$39,572,101$315,855,374
76$465,185,627$72,385,924$40,793,225$346,672,830
77$512,526,726$75,824,999$42,051,963$380,575,066
78$564,693,221$79,429,192$43,349,472$417,874,168
79$622,177,194$83,206,487$44,686,943$458,913,940
80$685,520,918$87,165,255$46,065,606$504,073,134
81$755,321,974$91,314,275$47,486,726$553,769,007
82$832,238,892$95,662,752$48,951,609$608,461,242
83$916,997,369$100,220,337$50,461,598$668,656,273
84$1,010,397,119$104,997,152$52,018,080$734,912,045
85$1,113,319,424$110,003,810$53,622,484$807,843,259
86$1,226,735,450$115,251,442$55,276,282$888,127,159
87$1,351,715,420$120,751,717$56,980,992$976,509,900
88$1,489,438,716$126,516,874$58,738,178$1,073,813,570
89$1,641,205,009$132,559,745$60,549,451$1,180,943,928
90$1,808,446,537$138,893,789$62,416,474$1,298,898,930
91$1,992,741,616$145,533,118$64,340,959$1,428,778,122
92$2,195,829,550$152,492,529$66,324,670$1,571,792,995
93$2,419,627,044$159,787,544$68,369,427$1,729,278,394
94$2,666,246,304$167,434,434$70,477,103$1,902,705,088
95$2,938,014,973$175,450,267$72,649,632$2,093,693,622
96$3,237,498,109$183,852,940$74,889,004$2,304,029,590
97$3,567,522,403$192,661,220$77,197,272$2,535,680,448
98$3,931,202,858$201,894,790$79,576,551$2,790,814,060
99$4,331,972,204$211,574,289$82,029,020$3,071,819,122
100$4,773,613,304$221,721,364$84,556,927$3,381,327,676