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

Use the below retirement simulation to view the chances of a successful retirement.
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%11.2%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,063,138
2 years$547,802$537,599$527,712$518,125$508,826$503,380
3 years$361,573$351,327$341,464$331,968$322,820$317,493
4 years$268,478$258,263$248,499$239,164$230,238$225,070
5 years$212,635$202,481$192,845$183,701$175,023$170,031
6 years$175,418$165,341$155,848$146,907$138,490$133,679
7 years$148,845$138,853$129,510$120,780$112,629$108,003
8 years$128,925$119,023$109,835$101,320$93,437$88,994
9 years$113,439$103,631$94,601$86,302$78,687$74,428
10 years$101,058$91,345$82,475$74,393$67,046$62,968
11 years$90,935$81,319$72,610$64,744$57,661$53,762
12 years$82,505$72,988$64,439$56,789$49,968$46,244
13 years$75,377$65,960$57,572$50,137$43,573$40,021
14 years$69,273$59,956$51,729$44,506$38,196$34,812
15 years$63,987$54,771$46,704$39,691$33,631$30,410
16 years$59,367$50,251$42,344$35,539$29,723$26,661
17 years$55,295$46,279$38,532$31,932$26,354$23,447
18 years$51,679$42,764$35,174$28,777$23,433$20,676
19 years$48,447$39,633$32,200$26,002$20,887$18,274
20 years$45,542$36,829$29,552$23,550$18,656$16,183
21 years$42,918$34,305$27,182$21,373$16,695$14,356
22 years$40,535$32,022$25,053$19,433$14,965$12,756
23 years$38,362$29,950$23,132$17,698$13,433$11,348
24 years$36,374$28,061$21,393$16,142$12,074$10,108
25 years$34,547$26,334$19,814$14,742$10,865$9,013
26 years$32,864$24,750$18,376$13,479$9,787$8,044
27 years$31,308$23,292$17,064$12,338$8,824$7,185
28 years$29,866$21,948$15,863$11,304$7,962$6,422
29 years$28,525$20,706$14,762$10,366$7,189$5,744
30 years$27,277$19,554$13,750$9,513$6,496$5,141
31 years$26,111$18,485$12,819$8,737$5,873$4,603
32 years$25,020$17,491$11,960$8,030$5,312$4,123
33 years$23,997$16,564$11,168$7,384$4,808$3,695
34 years$23,037$15,699$10,434$6,794$4,353$3,313
35 years$22,134$14,890$9,755$6,254$3,943$2,971
36 years$21,282$14,133$9,126$5,760$3,572$2,665
37 years$20,479$13,423$8,542$5,307$3,238$2,391
38 years$19,720$12,757$7,999$4,892$2,935$2,146
39 years$19,001$12,130$7,494$4,510$2,662$1,926
40 years$18,320$11,541$7,024$4,160$2,414$1,729
41 years$17,674$10,986$6,586$3,838$2,190$1,553
42 years$17,060$10,463$6,178$3,542$1,987$1,395
43 years$16,477$9,969$5,798$3,270$1,804$1,253
44 years$15,921$9,502$5,442$3,019$1,637$1,125
45 years$15,392$9,061$5,110$2,788$1,486$1,011
46 years$14,887$8,644$4,799$2,576$1,350$908
47 years$14,405$8,249$4,509$2,380$1,225$816
48 years$13,945$7,875$4,237$2,199$1,113$734
49 years$13,504$7,520$3,983$2,032$1,011$659
50 years$13,083$7,184$3,744$1,878$918$593

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 $5,349 every year, while hoping to spend $47,110 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: 44/26/30 Blend
39$13,400,000$13,400,000$13,400,000$13,400,000
40$14,772,317$14,062,117$13,854,417$15,293,292
41$16,228,969$14,701,037$14,268,416$16,305,978
42$17,832,620$15,369,684$14,694,704$17,398,200
43$19,598,215$16,069,466$15,133,644$18,581,364
44$21,542,221$16,801,858$15,585,609$19,863,972
45$23,682,783$17,568,404$16,050,982$21,255,361
46$26,039,894$18,370,723$16,530,157$22,765,791
47$28,635,587$19,210,512$17,023,541$24,406,533
48$31,494,138$20,089,549$17,531,552$26,189,973
49$34,642,300$21,009,696$18,054,619$28,129,725
50$38,109,552$21,972,908$18,593,185$30,240,751
51$41,928,375$22,981,230$19,147,706$32,539,503
52$46,134,565$24,036,806$19,718,650$35,044,065
53$50,767,566$25,141,885$20,306,500$37,774,327
54$55,870,842$26,298,822$20,911,752$40,752,160
55$61,492,290$27,510,085$21,534,917$44,001,619
56$67,684,687$28,778,263$22,176,521$47,549,166
57$74,506,195$30,106,068$22,837,104$51,423,908
58$82,020,903$31,496,342$23,517,224$55,657,870
59$90,299,437$32,952,064$24,217,452$60,286,286
60$99,419,621$34,476,357$24,938,378$65,347,926
61$109,467,218$36,072,494$25,680,610$70,885,457
62$120,536,734$37,743,906$26,444,770$76,945,831
63$132,732,313$39,494,189$27,231,501$83,580,726
64$146,168,716$41,327,111$28,041,464$90,847,021
65$160,972,410$43,246,625$28,875,338$98,807,326
66$177,282,758$45,256,871$29,733,823$107,530,560
67$195,253,332$47,362,191$30,617,640$117,092,596
68$215,053,369$49,567,135$31,527,527$127,576,964
69$236,869,361$51,876,474$32,464,248$139,075,629
70$260,906,822$54,295,207$33,428,587$151,689,846
71$287,392,223$56,828,577$34,421,349$165,531,107
72$316,575,131$59,482,079$35,443,366$180,722,179
73$348,730,567$62,261,473$36,495,491$197,398,249
74$384,161,597$65,172,797$37,578,602$215,708,188
75$423,202,198$68,222,382$38,693,603$235,815,942
76$466,220,408$71,416,865$39,841,425$257,902,064
77$513,621,801$74,763,203$41,023,024$282,165,403
78$565,853,313$78,268,688$42,239,384$308,824,963
79$623,407,465$81,940,969$43,491,518$338,121,959
80$686,827,010$85,788,060$44,780,467$370,322,070
81$756,710,057$89,818,366$46,107,304$405,717,931
82$833,715,714$94,040,697$47,473,131$444,631,877
83$918,570,318$98,464,292$48,879,081$487,418,964
84$1,012,074,282$103,098,835$50,326,323$534,470,302
85$1,115,109,660$107,954,478$51,816,055$586,216,721
86$1,228,648,465$113,041,868$53,349,513$643,132,818
87$1,353,761,854$118,372,165$54,927,967$705,741,414
88$1,491,630,232$123,957,070$56,552,723$774,618,462
89$1,643,554,403$129,808,853$58,225,126$850,398,456
90$1,810,967,842$135,940,377$59,946,558$933,780,400
91$1,995,450,235$142,365,129$61,718,441$1,025,534,370
92$2,198,742,388$149,097,249$63,542,237$1,126,508,759
93$2,422,762,661$156,151,564$65,419,452$1,237,638,254
94$2,669,625,082$163,543,620$67,351,633$1,359,952,622
95$2,941,659,299$171,289,717$69,340,372$1,494,586,405
96$3,241,432,580$179,406,944$71,387,306$1,642,789,588
97$3,571,774,041$187,913,223$73,494,120$1,805,939,364
98$3,935,801,365$196,827,343$75,662,544$1,985,553,097
99$4,336,950,227$206,169,005$77,894,362$2,183,302,603
100$4,779,006,732$215,958,868$80,191,405$2,401,029,892