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%13.6%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,052,567
2 years$547,802$537,599$527,712$518,125$508,826$492,775
3 years$361,573$351,327$341,464$331,968$322,820$307,185
4 years$268,478$258,263$248,499$239,164$230,238$215,139
5 years$212,635$202,481$192,845$183,701$175,023$160,504
6 years$175,418$165,341$155,848$146,907$138,490$124,568
7 years$148,845$138,853$129,510$120,780$112,629$99,309
8 years$128,925$119,023$109,835$101,320$93,437$80,716
9 years$113,439$103,631$94,601$86,302$78,687$66,560
10 years$101,058$91,345$82,475$74,393$67,046$55,502
11 years$90,935$81,319$72,610$64,744$57,661$46,690
12 years$82,505$72,988$64,439$56,789$49,968$39,556
13 years$75,377$65,960$57,572$50,137$43,573$33,705
14 years$69,273$59,956$51,729$44,506$38,196$28,857
15 years$63,987$54,771$46,704$39,691$33,631$24,803
16 years$59,367$50,251$42,344$35,539$29,723$21,390
17 years$55,295$46,279$38,532$31,932$26,354$18,499
18 years$51,679$42,764$35,174$28,777$23,433$16,036
19 years$48,447$39,633$32,200$26,002$20,887$13,929
20 years$45,542$36,829$29,552$23,550$18,656$12,120
21 years$42,918$34,305$27,182$21,373$16,695$10,562
22 years$40,535$32,022$25,053$19,433$14,965$9,216
23 years$38,362$29,950$23,132$17,698$13,433$8,051
24 years$36,374$28,061$21,393$16,142$12,074$7,040
25 years$34,547$26,334$19,814$14,742$10,865$6,161
26 years$32,864$24,750$18,376$13,479$9,787$5,395
27 years$31,308$23,292$17,064$12,338$8,824$4,728
28 years$29,866$21,948$15,863$11,304$7,962$4,146
29 years$28,525$20,706$14,762$10,366$7,189$3,637
30 years$27,277$19,554$13,750$9,513$6,496$3,192
31 years$26,111$18,485$12,819$8,737$5,873$2,802
32 years$25,020$17,491$11,960$8,030$5,312$2,461
33 years$23,997$16,564$11,168$7,384$4,808$2,162
34 years$23,037$15,699$10,434$6,794$4,353$1,900
35 years$22,134$14,890$9,755$6,254$3,943$1,669
36 years$21,282$14,133$9,126$5,760$3,572$1,468
37 years$20,479$13,423$8,542$5,307$3,238$1,290
38 years$19,720$12,757$7,999$4,892$2,935$1,135
39 years$19,001$12,130$7,494$4,510$2,662$998
40 years$18,320$11,541$7,024$4,160$2,414$878
41 years$17,674$10,986$6,586$3,838$2,190$772
42 years$17,060$10,463$6,178$3,542$1,987$679
43 years$16,477$9,969$5,798$3,270$1,804$597
44 years$15,921$9,502$5,442$3,019$1,637$526
45 years$15,392$9,061$5,110$2,788$1,486$463
46 years$14,887$8,644$4,799$2,576$1,350$407
47 years$14,405$8,249$4,509$2,380$1,225$358
48 years$13,945$7,875$4,237$2,199$1,113$315
49 years$13,504$7,520$3,983$2,032$1,011$277
50 years$13,083$7,184$3,744$1,878$918$244

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 $4,362 every year, while hoping to spend $48,604 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: 81/8/11 Blend
39$13,400,000$13,400,000$13,400,000$13,400,000
40$14,771,299$14,061,099$13,853,399$15,939,682
41$16,226,258$14,698,379$14,265,774$17,343,841
42$17,827,993$15,365,256$14,690,334$18,877,959
43$19,591,424$16,063,130$15,127,437$20,560,442
44$21,532,993$16,793,467$15,577,449$22,406,131
45$23,670,813$17,557,802$16,040,749$24,431,367
46$26,024,847$18,357,745$16,517,725$26,654,148
47$28,617,091$19,194,984$17,008,778$29,094,294
48$31,471,781$20,071,285$17,514,319$31,773,636
49$34,615,625$20,988,501$18,034,771$34,716,217
50$38,078,054$21,948,572$18,570,571$37,948,520
51$41,891,497$22,953,534$19,122,167$41,499,715
52$46,091,690$24,005,517$19,690,019$45,401,930
53$50,718,011$25,106,756$20,274,604$49,690,558
54$55,813,854$26,259,593$20,876,409$54,404,585
55$61,427,035$27,466,480$21,495,936$59,586,955
56$67,610,245$28,729,991$22,133,703$65,284,977
57$74,421,549$30,052,819$22,790,240$71,550,768
58$81,924,930$31,437,790$23,466,097$78,441,739
59$90,190,896$32,887,865$24,161,834$86,021,140
60$99,297,144$34,406,147$24,878,032$94,358,650
61$109,329,292$35,995,888$25,615,286$103,531,038
62$120,381,691$37,660,498$26,374,209$113,622,875
63$132,558,310$39,403,548$27,155,431$124,727,341
64$145,973,721$41,228,786$27,959,602$136,947,092
65$160,754,179$43,140,135$28,787,387$150,395,232
66$177,038,816$45,141,712$29,639,475$165,196,375
67$194,980,948$47,237,829$30,516,570$181,487,819
68$214,749,529$49,433,006$31,419,399$199,420,836
69$236,530,741$51,731,984$32,348,710$219,162,101
70$260,529,756$54,139,730$33,305,270$240,895,256
71$286,972,665$56,661,452$34,289,871$264,822,644
72$316,108,621$59,302,607$35,303,326$291,167,214
73$348,212,183$62,068,918$36,346,471$320,174,619
74$383,585,915$64,966,383$37,420,166$352,115,534
75$422,563,234$68,001,292$38,525,297$387,288,204
76$465,511,563$71,180,234$39,662,774$426,021,254
77$512,835,798$74,510,122$40,833,533$468,676,790
78$564,982,131$77,998,199$42,038,537$515,653,809
79$622,442,257$81,652,059$43,278,777$567,391,958
80$685,758,022$85,479,666$44,555,272$624,375,685
81$755,526,536$89,489,364$45,869,068$687,138,801
82$832,405,805$93,689,906$47,221,245$756,269,514
83$917,120,950$98,090,464$48,612,909$832,415,977
84$1,010,471,047$102,700,657$50,045,202$916,292,399
85$1,113,336,672$107,530,567$51,519,294$1,008,685,780
86$1,226,688,214$112,590,767$53,036,393$1,110,463,332
87$1,351,595,037$117,892,340$54,597,737$1,222,580,663
88$1,489,235,572$123,446,905$56,204,602$1,346,090,785
89$1,640,908,443$129,266,646$57,858,299$1,482,154,048
90$1,808,044,729$135,364,336$59,560,176$1,632,049,086
91$1,992,221,469$141,753,367$61,311,621$1,797,184,881
92$2,195,176,557$148,447,780$63,114,058$1,979,114,050
93$2,418,825,142$155,462,297$64,968,955$2,179,547,496
94$2,665,277,710$162,812,354$66,877,818$2,400,370,551
95$2,936,860,011$170,514,134$68,842,200$2,643,660,759
96$3,236,135,012$178,584,606$70,863,694$2,911,707,483
97$3,565,927,095$187,041,563$72,943,938$3,207,033,501
98$3,929,348,718$195,903,659$75,084,620$3,532,418,816
99$4,329,829,805$205,190,456$77,287,472$3,890,926,883
100$4,771,150,119$214,922,463$79,554,277$4,285,933,522