Can I retire at age 40 with 13,400,000?

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 $13,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,046,533
2 years$547,802$537,599$527,712$518,125$508,826$486,759
3 years$361,573$351,327$341,464$331,968$322,820$301,377
4 years$268,478$258,263$248,499$239,164$230,238$209,584
5 years$212,635$202,481$192,845$183,701$175,023$155,217
6 years$175,418$165,341$155,848$146,907$138,490$119,553
7 years$148,845$138,853$129,510$120,780$112,629$94,565
8 years$128,925$119,023$109,835$101,320$93,437$76,240
9 years$113,439$103,631$94,601$86,302$78,687$62,346
10 years$101,058$91,345$82,475$74,393$67,046$51,544
11 years$90,935$81,319$72,610$64,744$57,661$42,980
12 years$82,505$72,988$64,439$56,789$49,968$36,085
13 years$75,377$65,960$57,572$50,137$43,573$30,465
14 years$69,273$59,956$51,729$44,506$38,196$25,837
15 years$63,987$54,771$46,704$39,691$33,631$21,995
16 years$59,367$50,251$42,344$35,539$29,723$18,783
17 years$55,295$46,279$38,532$31,932$26,354$16,082
18 years$51,679$42,764$35,174$28,777$23,433$13,800
19 years$48,447$39,633$32,200$26,002$20,887$11,864
20 years$45,542$36,829$29,552$23,550$18,656$10,216
21 years$42,918$34,305$27,182$21,373$16,695$8,808
22 years$40,535$32,022$25,053$19,433$14,965$7,604
23 years$38,362$29,950$23,132$17,698$13,433$6,571
24 years$36,374$28,061$21,393$16,142$12,074$5,682
25 years$34,547$26,334$19,814$14,742$10,865$4,918
26 years$32,864$24,750$18,376$13,479$9,787$4,259
27 years$31,308$23,292$17,064$12,338$8,824$3,691
28 years$29,866$21,948$15,863$11,304$7,962$3,199
29 years$28,525$20,706$14,762$10,366$7,189$2,775
30 years$27,277$19,554$13,750$9,513$6,496$2,407
31 years$26,111$18,485$12,819$8,737$5,873$2,089
32 years$25,020$17,491$11,960$8,030$5,312$1,813
33 years$23,997$16,564$11,168$7,384$4,808$1,575
34 years$23,037$15,699$10,434$6,794$4,353$1,367
35 years$22,134$14,890$9,755$6,254$3,943$1,188
36 years$21,282$14,133$9,126$5,760$3,572$1,032
37 years$20,479$13,423$8,542$5,307$3,238$896
38 years$19,720$12,757$7,999$4,892$2,935$779
39 years$19,001$12,130$7,494$4,510$2,662$677
40 years$18,320$11,541$7,024$4,160$2,414$588
41 years$17,674$10,986$6,586$3,838$2,190$511
42 years$17,060$10,463$6,178$3,542$1,987$444
43 years$16,477$9,969$5,798$3,270$1,804$386
44 years$15,921$9,502$5,442$3,019$1,637$336
45 years$15,392$9,061$5,110$2,788$1,486$292
46 years$14,887$8,644$4,799$2,576$1,350$254
47 years$14,405$8,249$4,509$2,380$1,225$221
48 years$13,945$7,875$4,237$2,199$1,113$192
49 years$13,504$7,520$3,983$2,032$1,011$167
50 years$13,083$7,184$3,744$1,878$918$145

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $13,400,000, adding $4,167 every year, while hoping to spend $46,969 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: 47/40/13 Blend
39$13,400,000$13,400,000$13,400,000$13,400,000
40$14,771,098$14,060,898$13,853,198$15,411,433
41$16,227,776$14,699,908$14,267,306$16,493,572
42$17,831,460$15,368,654$14,693,712$17,662,193
43$19,597,096$16,068,546$15,132,778$18,929,469
44$21,541,152$16,801,057$15,584,879$20,304,598
45$23,681,775$17,567,733$16,050,397$21,797,678
46$26,038,958$18,370,195$16,529,728$23,419,799
47$28,634,736$19,210,139$17,023,278$25,183,140
48$31,493,388$20,089,344$17,531,466$27,101,078
49$34,641,665$21,009,674$18,054,723$29,188,310
50$38,109,050$21,973,083$18,593,490$31,460,985
51$41,928,027$22,981,617$19,148,226$33,936,848
52$46,134,393$24,037,424$19,719,399$36,635,404
53$50,767,594$25,142,750$20,307,492$39,578,092
54$55,871,097$26,299,954$20,913,002$42,788,480
55$61,492,802$27,511,505$21,536,440$46,292,484
56$67,685,491$28,779,992$22,178,334$50,118,599
57$74,507,327$30,108,127$22,839,224$54,298,161
58$82,022,405$31,498,756$23,519,669$58,865,635
59$90,301,354$32,954,859$24,220,241$63,858,931
60$99,422,004$34,479,559$24,941,531$69,319,752
61$109,470,123$36,076,132$25,684,147$75,293,975
62$120,540,223$37,748,010$26,448,714$81,832,077
63$132,736,454$39,498,791$27,235,874$88,989,596
64$146,173,586$41,332,245$28,046,289$96,827,649
65$160,978,093$43,252,326$28,880,641$105,413,491
66$177,289,346$45,263,177$29,739,630$114,821,142
67$195,260,928$47,369,142$30,623,976$125,132,069
68$215,062,086$49,574,773$31,534,423$136,435,940
69$236,879,326$51,884,844$32,471,732$148,831,460
70$260,918,172$54,304,356$33,436,691$162,427,284
71$287,405,111$56,838,555$34,430,105$177,343,028
72$316,589,726$59,492,938$35,452,807$193,710,378
73$348,747,055$62,273,268$36,505,653$211,674,323
74$384,180,184$65,185,588$37,589,522$231,394,496
75$423,223,111$68,236,231$38,705,320$253,046,668
76$466,243,899$71,431,837$39,853,979$276,824,383
77$513,648,146$74,779,366$41,036,456$302,940,769
78$565,882,818$78,286,116$42,253,739$331,630,521
79$623,440,468$81,959,738$43,506,841$363,152,099
80$686,863,882$85,808,252$44,796,807$397,790,140
81$756,751,208$89,840,066$46,124,709$435,858,120
82$833,761,598$94,063,996$47,491,654$477,701,290
83$918,621,433$98,489,284$48,898,777$523,699,902
84$1,012,131,181$103,125,620$50,347,248$574,272,773
85$1,115,172,949$107,983,164$51,838,268$629,881,207
86$1,228,718,816$113,072,565$53,373,076$691,033,318
87$1,353,840,005$118,404,990$54,952,944$758,288,793
88$1,491,717,000$123,992,149$56,579,182$832,264,140
89$1,643,650,685$129,846,316$58,253,136$913,638,471
90$1,811,074,631$135,980,361$59,976,192$1,003,159,878
91$1,995,568,624$142,407,779$61,749,775$1,101,652,448
92$2,198,873,582$149,142,719$63,575,350$1,210,024,007
93$2,422,907,990$156,200,014$65,454,427$1,329,274,644
94$2,669,786,010$163,595,221$67,388,556$1,460,506,102
95$2,941,837,443$171,344,646$69,379,333$1,604,932,137
96$3,241,629,720$179,465,392$71,428,398$1,763,889,919
97$3,571,992,142$187,975,386$73,537,440$1,938,852,609
98$3,936,042,591$196,893,431$75,708,195$2,131,443,205
99$4,337,216,965$206,239,238$77,942,448$2,343,449,807
100$4,779,301,612$216,033,478$80,242,037$2,576,842,437