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%19.5%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,020,093
2 years$543,714$533,587$523,774$514,258$505,029$464,735
3 years$358,875$348,705$338,916$329,490$320,411$281,558
4 years$266,474$256,335$246,644$237,379$228,520$191,405
5 years$211,048$200,970$191,406$182,330$173,717$138,435
6 years$174,109$164,107$154,685$145,811$137,456$104,031
7 years$147,735$137,817$128,544$119,879$111,789$80,210
8 years$127,963$118,135$109,015$100,564$92,740$62,977
9 years$112,593$102,857$93,895$85,658$78,100$50,112
10 years$100,304$90,664$81,860$73,838$66,545$40,279
11 years$90,256$80,713$72,068$64,261$57,231$32,628
12 years$81,889$72,443$63,958$56,366$49,595$26,592
13 years$74,814$65,468$57,143$49,762$43,248$21,778
14 years$68,756$59,508$51,343$44,173$37,911$17,904
15 years$63,510$54,362$46,356$39,395$33,380$14,766
16 years$58,924$49,876$42,028$35,274$29,501$12,208
17 years$54,882$45,934$38,244$31,693$26,158$10,115
18 years$51,293$42,445$34,912$28,562$23,258$8,395
19 years$48,086$39,338$31,960$25,808$20,731$6,977
20 years$45,202$36,554$29,331$23,374$18,517$5,805
21 years$42,597$34,049$26,979$21,214$16,571$4,835
22 years$40,232$31,783$24,866$19,288$14,853$4,030
23 years$38,076$29,726$22,959$17,566$13,333$3,361
24 years$36,102$27,852$21,233$16,021$11,984$2,805
25 years$34,289$26,137$19,666$14,632$10,784$2,342
26 years$32,619$24,565$18,239$13,378$9,714$1,956
27 years$31,074$23,119$16,937$12,246$8,758$1,634
28 years$29,643$21,784$15,745$11,220$7,902$1,366
29 years$28,312$20,551$14,652$10,289$7,136$1,142
30 years$27,073$19,408$13,648$9,442$6,447$954
31 years$25,916$18,347$12,723$8,672$5,829$798
32 years$24,833$17,360$11,871$7,970$5,273$667
33 years$23,818$16,441$11,084$7,329$4,772$558
34 years$22,865$15,582$10,356$6,743$4,320$467
35 years$21,968$14,779$9,683$6,208$3,913$391
36 years$21,123$14,028$9,058$5,717$3,546$327
37 years$20,326$13,323$8,478$5,267$3,213$273
38 years$19,572$12,662$7,939$4,855$2,913$229
39 years$18,859$12,040$7,438$4,477$2,642$191
40 years$18,183$11,455$6,972$4,129$2,396$160
41 years$17,542$10,904$6,537$3,810$2,174$134
42 years$16,933$10,385$6,132$3,516$1,973$112
43 years$16,354$9,895$5,754$3,245$1,790$94
44 years$15,802$9,432$5,401$2,997$1,625$78
45 years$15,277$8,994$5,072$2,768$1,475$66
46 years$14,776$8,580$4,764$2,556$1,339$55
47 years$14,298$8,188$4,475$2,362$1,216$46
48 years$13,841$7,816$4,205$2,182$1,105$38
49 years$13,404$7,464$3,953$2,017$1,003$32
50 years$12,985$7,130$3,716$1,864$911$27

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 $6,274 every year, while hoping to spend $24,080 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: 62/11/27 Blend
39$13,300,000$13,300,000$13,300,000$13,300,000
40$14,663,072$13,958,172$13,752,022$15,465,961
41$16,133,084$14,616,501$14,187,093$16,670,194
42$17,752,231$15,306,282$14,635,933$17,981,363
43$19,535,698$16,029,029$15,098,976$19,412,571
44$21,500,220$16,786,332$15,576,673$20,975,562
45$23,664,237$17,579,858$16,069,486$22,683,256
46$26,048,071$18,411,352$16,577,896$24,549,873
47$28,674,113$19,282,647$17,102,394$26,591,060
48$31,567,039$20,195,664$17,643,491$28,824,042
49$34,754,041$21,152,415$18,201,712$31,267,776
50$38,265,083$22,155,014$18,777,599$33,943,129
51$42,133,185$23,205,672$19,371,712$36,873,073
52$46,394,732$24,306,712$19,984,627$40,082,897
53$51,089,822$25,460,568$20,616,939$43,600,446
54$56,262,640$26,669,793$21,269,262$47,456,373
55$61,961,877$27,937,061$21,942,231$51,684,433
56$68,241,191$29,265,179$22,636,498$56,321,791
57$75,159,710$30,657,090$23,352,738$61,409,376
58$82,782,592$32,115,880$24,091,647$66,992,255
59$91,181,641$33,644,782$24,853,942$73,120,062
60$100,435,983$35,247,190$25,640,363$79,847,457
61$110,632,812$36,926,662$26,451,674$87,234,638
62$121,868,217$38,686,927$27,288,663$95,347,907
63$134,248,086$40,531,897$28,152,144$104,260,290
64$147,889,105$42,465,673$29,042,955$114,052,219
65$162,919,860$44,492,558$29,961,960$124,812,286
66$179,482,054$46,617,061$30,910,054$136,638,078
67$197,731,839$48,843,913$31,888,156$149,637,088
68$217,841,294$51,178,072$32,897,217$163,927,725
69$240,000,049$53,624,741$33,938,217$179,640,425
70$264,417,074$56,189,374$35,012,168$196,918,876
71$291,322,652$58,877,689$36,120,111$215,921,368
72$320,970,552$61,695,686$37,263,125$236,822,279
73$353,640,427$64,649,653$38,442,318$259,813,715
74$389,640,453$67,746,188$39,658,838$285,107,314
75$429,310,235$70,992,207$40,913,865$312,936,237
76$473,024,018$74,394,964$42,208,618$343,557,361
77$521,194,217$77,962,067$43,544,356$377,253,693
78$574,275,311$81,701,492$44,922,377$414,337,033
79$632,768,135$85,621,608$46,344,018$455,150,912
80$697,224,605$89,731,186$47,810,663$500,073,817
81$768,252,928$94,039,428$49,323,734$549,522,763
82$846,523,351$98,555,984$50,884,703$603,957,209
83$932,774,478$103,290,972$52,495,086$663,883,392
84$1,027,820,251$108,255,006$54,156,447$729,859,091
85$1,132,557,630$113,459,215$55,870,402$802,498,880
86$1,247,975,063$118,915,272$57,638,615$882,479,918
87$1,375,161,816$124,635,416$59,462,805$970,548,327
88$1,515,318,257$130,632,487$61,344,744$1,067,526,222
89$1,669,767,187$136,919,947$63,286,261$1,174,319,459
90$1,839,966,332$143,511,916$65,289,243$1,291,926,170
91$2,027,522,100$150,423,203$67,355,635$1,421,446,169
92$2,234,204,752$157,669,337$69,487,447$1,564,091,323
93$2,461,965,110$165,266,608$71,686,749$1,721,196,968
94$2,712,952,975$173,232,096$73,955,679$1,894,234,503
95$2,989,537,427$181,583,716$76,296,443$2,084,825,260
96$3,294,329,185$190,340,259$78,711,314$2,294,755,790
97$3,630,205,259$199,521,429$81,202,640$2,525,994,711
98$4,000,336,109$209,147,892$83,772,842$2,780,711,269
99$4,408,215,578$219,241,325$86,424,418$3,061,295,795
100$4,857,693,876$229,824,459$89,159,946$3,370,382,249