Can I retire at age 40 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,054,761
2 years$543,714$533,587$523,774$514,258$505,029$499,177
3 years$358,875$348,705$338,916$329,490$320,411$314,688
4 years$266,474$256,335$246,644$237,379$228,520$222,969
5 years$211,048$200,970$191,406$182,330$173,717$168,356
6 years$174,109$164,107$154,685$145,811$137,456$132,291
7 years$147,735$137,817$128,544$119,879$111,789$106,822
8 years$127,963$118,135$109,015$100,564$92,740$87,972
9 years$112,593$102,857$93,895$85,658$78,100$73,530
10 years$100,304$90,664$81,860$73,838$66,545$62,171
11 years$90,256$80,713$72,068$64,261$57,231$53,049
12 years$81,889$72,443$63,958$56,366$49,595$45,603
13 years$74,814$65,468$57,143$49,762$43,248$39,441
14 years$68,756$59,508$51,343$44,173$37,911$34,285
15 years$63,510$54,362$46,356$39,395$33,380$29,930
16 years$58,924$49,876$42,028$35,274$29,501$26,222
17 years$54,882$45,934$38,244$31,693$26,158$23,045
18 years$51,293$42,445$34,912$28,562$23,258$20,307
19 years$48,086$39,338$31,960$25,808$20,731$17,935
20 years$45,202$36,554$29,331$23,374$18,517$15,872
21 years$42,597$34,049$26,979$21,214$16,571$14,070
22 years$40,232$31,783$24,866$19,288$14,853$12,492
23 years$38,076$29,726$22,959$17,566$13,333$11,105
24 years$36,102$27,852$21,233$16,021$11,984$9,884
25 years$34,289$26,137$19,666$14,632$10,784$8,807
26 years$32,619$24,565$18,239$13,378$9,714$7,854
27 years$31,074$23,119$16,937$12,246$8,758$7,009
28 years$29,643$21,784$15,745$11,220$7,902$6,260
29 years$28,312$20,551$14,652$10,289$7,136$5,595
30 years$27,073$19,408$13,648$9,442$6,447$5,003
31 years$25,916$18,347$12,723$8,672$5,829$4,476
32 years$24,833$17,360$11,871$7,970$5,273$4,006
33 years$23,818$16,441$11,084$7,329$4,772$3,587
34 years$22,865$15,582$10,356$6,743$4,320$3,213
35 years$21,968$14,779$9,683$6,208$3,913$2,879
36 years$21,123$14,028$9,058$5,717$3,546$2,581
37 years$20,326$13,323$8,478$5,267$3,213$2,313
38 years$19,572$12,662$7,939$4,855$2,913$2,074
39 years$18,859$12,040$7,438$4,477$2,642$1,861
40 years$18,183$11,455$6,972$4,129$2,396$1,669
41 years$17,542$10,904$6,537$3,810$2,174$1,497
42 years$16,933$10,385$6,132$3,516$1,973$1,344
43 years$16,354$9,895$5,754$3,245$1,790$1,206
44 years$15,802$9,432$5,401$2,997$1,625$1,082
45 years$15,277$8,994$5,072$2,768$1,475$972
46 years$14,776$8,580$4,764$2,556$1,339$872
47 years$14,298$8,188$4,475$2,362$1,216$783
48 years$13,841$7,816$4,205$2,182$1,105$703
49 years$13,404$7,464$3,953$2,017$1,003$631
50 years$12,985$7,130$3,716$1,864$911$567

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $13,300,000, adding $6,812 every year, while hoping to spend $24,383 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: 27/49/24 Blend
39$13,300,000$13,300,000$13,300,000$13,300,000
40$14,663,627$13,958,727$13,752,577$14,948,711
41$16,133,373$14,616,761$14,187,345$15,834,060
42$17,752,217$15,306,222$14,635,860$16,781,419
43$19,535,339$16,028,623$15,098,558$17,798,109
44$21,499,471$16,785,552$15,575,887$18,890,034
45$23,663,047$17,578,675$16,068,309$20,063,651
46$26,046,383$18,409,735$16,576,302$21,326,020
47$28,671,864$19,280,562$17,100,359$22,684,864
48$31,564,161$20,193,076$17,640,987$24,148,635
49$34,750,456$21,149,288$18,198,711$25,726,586
50$38,260,706$22,151,307$18,774,072$27,428,848
51$42,127,922$23,201,344$19,367,626$29,266,519
52$46,388,479$24,301,719$19,979,951$31,251,756
53$51,082,463$25,454,862$20,611,638$33,397,883
54$56,254,048$26,663,324$21,263,302$35,719,508
55$61,951,911$27,929,778$21,935,573$38,232,643
56$68,229,695$29,257,026$22,629,104$40,954,852
57$75,146,512$30,648,008$23,344,567$43,905,402
58$82,767,502$32,105,806$24,082,656$47,105,429
59$91,164,448$33,633,652$24,844,086$50,578,132
60$100,416,455$35,234,933$25,629,595$54,348,972
61$110,610,693$36,913,205$26,439,947$58,445,901
62$121,843,224$38,672,192$27,275,925$62,899,612
63$134,219,905$40,515,802$28,138,341$67,743,811
64$147,857,391$42,448,132$29,028,031$73,015,520
65$162,884,234$44,473,479$29,945,858$78,755,413
66$179,442,093$46,596,347$30,892,712$85,008,174
67$197,687,080$48,821,461$31,869,512$91,822,909
68$217,791,225$51,153,776$32,877,203$99,253,587
69$239,944,105$53,598,486$33,916,765$107,359,525
70$264,354,631$56,161,039$34,989,204$116,205,935
71$291,253,023$58,847,149$36,095,561$125,864,510
72$320,892,977$61,662,806$37,236,909$136,414,082
73$353,554,070$64,614,292$38,414,354$147,941,338
74$389,544,390$67,708,197$39,629,040$160,541,617
75$429,203,448$70,951,429$40,882,143$174,319,782
76$472,905,384$74,351,234$42,174,879$189,391,180
77$521,062,498$77,915,209$43,508,502$205,882,703
78$574,129,142$81,651,323$44,884,306$223,933,955
79$632,606,009$85,567,933$46,303,625$243,698,540
80$697,044,861$89,673,800$47,767,835$265,345,474
81$768,053,736$93,978,116$49,278,357$289,060,749
82$846,302,691$98,490,517$50,836,656$315,049,051
83$932,530,125$103,221,112$52,444,243$343,535,654
84$1,027,549,750$108,180,499$54,102,678$374,768,506
85$1,132,258,277$113,379,796$55,813,570$409,020,526
86$1,247,643,874$118,830,659$57,578,578$446,592,138
87$1,374,795,503$124,545,315$59,399,414$487,814,060
88$1,514,913,194$130,536,585$61,277,844$533,050,380
89$1,669,319,380$136,817,918$63,215,691$582,701,937
90$1,839,471,375$143,403,414$65,214,835$637,210,056
91$2,026,975,138$150,307,864$67,277,215$697,060,657
92$2,233,600,432$157,546,779$69,404,832$762,788,785
93$2,461,297,531$165,136,427$71,599,749$834,983,599
94$2,712,215,635$173,093,868$73,864,097$914,293,869
95$2,988,723,157$181,436,995$76,200,071$1,001,434,035
96$3,293,430,085$190,184,573$78,609,939$1,097,190,880
97$3,629,212,620$199,356,283$81,096,038$1,202,430,887
98$3,999,240,332$208,972,766$83,660,781$1,318,108,336
99$4,407,006,084$219,055,669$86,306,655$1,445,274,239
100$4,856,359,004$229,627,697$89,036,227$1,585,086,172