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%19.8%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,018,884
2 years$543,714$533,587$523,774$514,258$505,029$463,550
3 years$358,875$348,705$338,916$329,490$320,411$280,437
4 years$266,474$256,335$246,644$237,379$228,520$190,354
5 years$211,048$200,970$191,406$182,330$173,717$137,457
6 years$174,109$164,107$154,685$145,811$137,456$103,125
7 years$147,735$137,817$128,544$119,879$111,789$79,375
8 years$127,963$118,135$109,015$100,564$92,740$62,211
9 years$112,593$102,857$93,895$85,658$78,100$49,411
10 years$100,304$90,664$81,860$73,838$66,545$39,640
11 years$90,256$80,713$72,068$64,261$57,231$32,048
12 years$81,889$72,443$63,958$56,366$49,595$26,066
13 years$74,814$65,468$57,143$49,762$43,248$21,303
14 years$68,756$59,508$51,343$44,173$37,911$17,477
15 years$63,510$54,362$46,356$39,395$33,380$14,383
16 years$58,924$49,876$42,028$35,274$29,501$11,866
17 years$54,882$45,934$38,244$31,693$26,158$9,809
18 years$51,293$42,445$34,912$28,562$23,258$8,123
19 years$48,086$39,338$31,960$25,808$20,731$6,736
20 years$45,202$36,554$29,331$23,374$18,517$5,591
21 years$42,597$34,049$26,979$21,214$16,571$4,646
22 years$40,232$31,783$24,866$19,288$14,853$3,863
23 years$38,076$29,726$22,959$17,566$13,333$3,215
24 years$36,102$27,852$21,233$16,021$11,984$2,676
25 years$34,289$26,137$19,666$14,632$10,784$2,229
26 years$32,619$24,565$18,239$13,378$9,714$1,857
27 years$31,074$23,119$16,937$12,246$8,758$1,548
28 years$29,643$21,784$15,745$11,220$7,902$1,291
29 years$28,312$20,551$14,652$10,289$7,136$1,076
30 years$27,073$19,408$13,648$9,442$6,447$897
31 years$25,916$18,347$12,723$8,672$5,829$749
32 years$24,833$17,360$11,871$7,970$5,273$624
33 years$23,818$16,441$11,084$7,329$4,772$521
34 years$22,865$15,582$10,356$6,743$4,320$435
35 years$21,968$14,779$9,683$6,208$3,913$363
36 years$21,123$14,028$9,058$5,717$3,546$303
37 years$20,326$13,323$8,478$5,267$3,213$253
38 years$19,572$12,662$7,939$4,855$2,913$211
39 years$18,859$12,040$7,438$4,477$2,642$176
40 years$18,183$11,455$6,972$4,129$2,396$147
41 years$17,542$10,904$6,537$3,810$2,174$123
42 years$16,933$10,385$6,132$3,516$1,973$102
43 years$16,354$9,895$5,754$3,245$1,790$85
44 years$15,802$9,432$5,401$2,997$1,625$71
45 years$15,277$8,994$5,072$2,768$1,475$59
46 years$14,776$8,580$4,764$2,556$1,339$50
47 years$14,298$8,188$4,475$2,362$1,216$41
48 years$13,841$7,816$4,205$2,182$1,105$35
49 years$13,404$7,464$3,953$2,017$1,003$29
50 years$12,985$7,130$3,716$1,864$911$24

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 $2,768 every year, while hoping to spend $50,207 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: 57/20/23 Blend
39$13,300,000$13,300,000$13,300,000$13,300,000
40$14,659,455$13,954,555$13,748,405$15,403,705
41$16,101,300$14,584,909$14,155,557$16,542,672
42$17,688,530$15,244,466$14,574,665$17,777,801
43$19,435,921$15,934,607$15,006,078$19,122,880
44$21,359,757$16,656,774$15,450,153$20,588,522
45$23,477,976$17,412,480$15,907,258$22,186,404
46$25,810,349$18,203,311$16,377,771$23,929,364
47$28,378,660$19,030,928$16,862,080$25,831,528
48$31,206,911$19,897,071$17,360,588$27,908,434
49$34,321,552$20,803,565$17,873,704$30,177,176
50$37,751,731$21,752,320$18,401,854$32,656,564
51$41,529,563$22,745,339$18,945,472$35,367,296
52$45,690,440$23,784,722$19,505,006$38,332,149
53$50,273,359$24,872,668$20,080,918$41,576,191
54$55,321,295$26,011,481$20,673,682$45,127,012
55$60,881,601$27,203,578$21,283,785$49,014,980
56$67,006,462$28,451,491$21,911,728$53,273,523
57$73,753,378$29,757,871$22,558,029$57,939,442
58$81,185,716$31,125,500$23,223,216$63,053,247
59$89,373,302$32,557,292$23,907,836$68,659,540
60$98,393,080$34,056,302$24,612,451$74,807,429
61$108,329,843$35,625,729$25,337,636$81,550,982
62$119,277,026$37,268,929$26,083,987$88,949,737
63$131,337,595$38,989,418$26,852,112$97,069,253
64$144,625,012$40,790,883$27,642,641$105,981,723
65$159,264,312$42,677,185$28,456,218$115,766,650
66$175,393,279$44,652,373$29,293,508$126,511,590
67$193,163,746$46,720,692$30,155,193$138,312,967
68$212,743,032$48,886,590$31,041,976$151,276,983
69$234,315,517$51,154,729$31,954,578$165,520,604
70$258,084,386$53,529,997$32,893,743$181,172,660
71$284,273,544$56,017,517$33,860,233$198,375,051
72$313,129,728$58,622,658$34,854,834$217,284,078
73$344,924,842$61,351,050$35,878,353$238,071,907
74$379,958,519$64,208,594$36,931,620$260,928,183
75$418,560,947$67,201,475$38,015,489$286,061,814
76$461,095,993$70,336,176$39,130,837$313,702,927
77$507,964,631$73,619,496$40,278,567$344,105,032
78$559,608,731$77,058,559$41,459,607$377,547,401
79$616,515,228$80,660,835$42,674,910$414,337,690
80$679,220,720$84,434,154$43,925,458$454,814,835
81$748,316,531$88,386,725$45,212,258$499,352,233
82$824,454,297$92,527,155$46,536,349$548,361,254
83$908,352,114$96,864,464$47,898,795$602,295,110
84$1,000,801,317$101,408,110$49,300,692$661,653,116
85$1,102,673,954$106,168,010$50,743,168$726,985,388
86$1,214,931,013$111,154,558$52,227,380$798,898,018
87$1,338,631,499$116,378,654$53,754,519$878,058,778
88$1,474,942,425$121,851,721$55,325,809$965,203,407
89$1,625,149,837$127,585,741$56,942,508$1,061,142,533
90$1,790,670,949$133,593,270$58,605,911$1,166,769,307
91$1,973,067,523$139,887,478$60,317,346$1,283,067,814
92$2,174,060,614$146,482,167$62,078,180$1,411,122,339
93$2,395,546,816$153,391,813$63,889,819$1,552,127,580
94$2,639,616,170$160,631,591$65,753,706$1,707,399,903
95$2,908,571,890$168,217,410$67,671,327$1,878,389,741
96$3,204,952,112$176,165,952$69,644,206$2,066,695,261
97$3,531,553,853$184,494,709$71,673,911$2,274,077,423
98$3,891,459,415$193,222,018$73,762,056$2,502,476,577
99$4,288,065,486$202,367,109$75,910,296$2,754,030,748
100$4,725,115,209$211,950,140$78,120,335$3,031,095,788