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%13.8%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,051,699
2 years$547,802$537,599$527,712$518,125$508,826$491,908
3 years$361,573$351,327$341,464$331,968$322,820$306,346
4 years$268,478$258,263$248,499$239,164$230,238$214,335
5 years$212,635$202,481$192,845$183,701$175,023$159,737
6 years$175,418$165,341$155,848$146,907$138,490$123,838
7 years$148,845$138,853$129,510$120,780$112,629$98,617
8 years$128,925$119,023$109,835$101,320$93,437$80,061
9 years$113,439$103,631$94,601$86,302$78,687$65,941
10 years$101,058$91,345$82,475$74,393$67,046$54,919
11 years$90,935$81,319$72,610$64,744$57,661$46,142
12 years$82,505$72,988$64,439$56,789$49,968$39,041
13 years$75,377$65,960$57,572$50,137$43,573$33,223
14 years$69,273$59,956$51,729$44,506$38,196$28,406
15 years$63,987$54,771$46,704$39,691$33,631$24,383
16 years$59,367$50,251$42,344$35,539$29,723$20,998
17 years$55,295$46,279$38,532$31,932$26,354$18,134
18 years$51,679$42,764$35,174$28,777$23,433$15,697
19 years$48,447$39,633$32,200$26,002$20,887$13,615
20 years$45,542$36,829$29,552$23,550$18,656$11,829
21 years$42,918$34,305$27,182$21,373$16,695$10,293
22 years$40,535$32,022$25,053$19,433$14,965$8,968
23 years$38,362$29,950$23,132$17,698$13,433$7,822
24 years$36,374$28,061$21,393$16,142$12,074$6,828
25 years$34,547$26,334$19,814$14,742$10,865$5,966
26 years$32,864$24,750$18,376$13,479$9,787$5,217
27 years$31,308$23,292$17,064$12,338$8,824$4,564
28 years$29,866$21,948$15,863$11,304$7,962$3,996
29 years$28,525$20,706$14,762$10,366$7,189$3,499
30 years$27,277$19,554$13,750$9,513$6,496$3,066
31 years$26,111$18,485$12,819$8,737$5,873$2,687
32 years$25,020$17,491$11,960$8,030$5,312$2,356
33 years$23,997$16,564$11,168$7,384$4,808$2,066
34 years$23,037$15,699$10,434$6,794$4,353$1,813
35 years$22,134$14,890$9,755$6,254$3,943$1,590
36 years$21,282$14,133$9,126$5,760$3,572$1,396
37 years$20,479$13,423$8,542$5,307$3,238$1,225
38 years$19,720$12,757$7,999$4,892$2,935$1,075
39 years$19,001$12,130$7,494$4,510$2,662$944
40 years$18,320$11,541$7,024$4,160$2,414$829
41 years$17,674$10,986$6,586$3,838$2,190$728
42 years$17,060$10,463$6,178$3,542$1,987$639
43 years$16,477$9,969$5,798$3,270$1,804$561
44 years$15,921$9,502$5,442$3,019$1,637$493
45 years$15,392$9,061$5,110$2,788$1,486$433
46 years$14,887$8,644$4,799$2,576$1,350$381
47 years$14,405$8,249$4,509$2,380$1,225$334
48 years$13,945$7,875$4,237$2,199$1,113$294
49 years$13,504$7,520$3,983$2,032$1,011$258
50 years$13,083$7,184$3,744$1,878$918$227

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 $4,270 every year, while hoping to spend $23,869 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: 35/49/16 Blend
39$13,400,000$13,400,000$13,400,000$13,400,000
40$14,771,205$14,061,005$13,853,305$15,215,246
41$16,252,471$14,724,597$14,291,994$16,202,145
42$17,884,027$15,419,906$14,744,579$17,263,723
43$19,681,176$16,148,460$15,211,501$18,408,631
44$21,660,783$16,911,862$15,693,213$19,644,273
45$23,841,432$17,711,792$16,190,185$20,978,758
46$26,243,601$18,550,014$16,702,900$22,420,971
47$28,889,858$19,428,374$17,231,857$23,980,647
48$31,805,070$20,348,810$17,777,570$25,668,459
49$35,016,638$21,313,353$18,340,570$27,496,109
50$38,554,762$22,324,134$18,921,406$29,476,428
51$42,452,717$23,383,386$19,520,642$31,623,494
52$46,747,172$24,493,450$20,138,861$33,952,749
53$51,478,537$25,656,782$20,776,666$36,481,141
54$56,691,340$26,875,956$21,434,677$39,227,271
55$62,434,651$28,153,673$22,113,533$42,211,559
56$68,762,546$29,492,763$22,813,897$45,456,426
57$75,734,611$30,896,194$23,536,448$48,986,494
58$83,416,514$32,367,080$24,281,892$52,828,806
59$91,880,615$33,908,684$25,050,952$57,013,069
60$101,206,656$35,524,428$25,844,377$61,571,924
61$111,482,512$37,217,901$26,662,940$66,541,235
62$122,805,017$38,992,868$27,507,438$71,960,419
63$135,280,884$40,853,273$28,378,692$77,872,798
64$149,027,706$42,803,255$29,277,550$84,325,995
65$164,175,071$44,847,154$30,204,887$91,372,369
66$180,865,784$46,989,520$31,161,606$99,069,487
67$199,257,212$49,235,125$32,148,638$107,480,653
68$219,522,774$51,588,972$33,166,944$116,675,485
69$241,853,575$54,056,310$34,217,515$126,730,554
70$266,460,212$56,642,641$35,301,374$137,730,085
71$293,574,759$59,353,736$36,419,575$149,766,729
72$323,452,961$62,195,646$37,573,208$162,942,419
73$356,376,648$65,174,717$38,763,395$177,369,303
74$392,656,392$68,297,605$39,991,295$193,170,782
75$432,634,444$71,571,288$41,258,104$210,482,646
76$476,687,961$75,003,085$42,565,054$229,454,332
77$525,232,568$78,600,671$43,913,418$250,250,302
78$578,726,282$82,372,096$45,304,510$273,051,568
79$637,673,835$86,325,800$46,739,682$298,057,366
80$702,631,438$90,470,636$48,220,334$325,487,011
81$774,212,035$94,815,887$49,747,905$355,581,924
82$853,091,087$99,371,290$51,323,884$388,607,880
83$940,012,949$104,147,055$52,949,806$424,857,481
84$1,035,797,898$109,153,889$54,627,253$464,652,873
85$1,141,349,876$114,403,022$56,357,858$508,348,748
86$1,257,665,025$119,906,231$58,143,308$556,335,651
87$1,385,841,088$125,675,868$59,985,340$609,043,619
88$1,527,087,779$131,724,885$61,885,748$666,946,191
89$1,682,738,195$138,066,867$63,846,384$730,564,833
90$1,854,261,409$144,716,062$65,869,155$800,473,805
91$2,043,276,334$151,687,410$67,956,033$877,305,529
92$2,251,567,010$158,996,583$70,109,050$961,756,499
93$2,481,099,444$166,660,014$72,330,302$1,054,593,798
94$2,734,040,173$174,694,941$74,621,953$1,156,662,279
95$3,012,776,717$183,119,439$76,986,235$1,268,892,467
96$3,319,940,119$191,952,468$79,425,450$1,392,309,283
97$3,658,429,783$201,213,911$81,941,975$1,528,041,640
98$4,031,440,849$210,924,621$84,538,260$1,677,333,027
99$4,442,494,359$221,106,470$87,216,834$1,841,553,172
100$4,895,470,492$231,782,396$89,980,307$2,022,210,882