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%17.7%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,035,159
2 years$547,802$537,599$527,712$518,125$508,826$475,498
3 years$361,573$351,327$341,464$331,968$322,820$290,585
4 years$268,478$258,263$248,499$239,164$230,238$199,343
5 years$212,635$202,481$192,845$183,701$175,023$145,551
6 years$175,418$165,341$155,848$146,907$138,490$110,466
7 years$148,845$138,853$129,510$120,780$112,629$86,052
8 years$128,925$119,023$109,835$101,320$93,437$68,288
9 years$113,439$103,631$94,601$86,302$78,687$54,940
10 years$101,058$91,345$82,475$74,393$67,046$44,664
11 years$90,935$81,319$72,610$64,744$57,661$36,605
12 years$82,505$72,988$64,439$56,789$49,968$30,193
13 years$75,377$65,960$57,572$50,137$43,573$25,032
14 years$69,273$59,956$51,729$44,506$38,196$20,840
15 years$63,987$54,771$46,704$39,691$33,631$17,408
16 years$59,367$50,251$42,344$35,539$29,723$14,582
17 years$55,295$46,279$38,532$31,932$26,354$12,243
18 years$51,679$42,764$35,174$28,777$23,433$10,298
19 years$48,447$39,633$32,200$26,002$20,887$8,676
20 years$45,542$36,829$29,552$23,550$18,656$7,319
21 years$42,918$34,305$27,182$21,373$16,695$6,181
22 years$40,535$32,022$25,053$19,433$14,965$5,225
23 years$38,362$29,950$23,132$17,698$13,433$4,421
24 years$36,374$28,061$21,393$16,142$12,074$3,742
25 years$34,547$26,334$19,814$14,742$10,865$3,170
26 years$32,864$24,750$18,376$13,479$9,787$2,686
27 years$31,308$23,292$17,064$12,338$8,824$2,277
28 years$29,866$21,948$15,863$11,304$7,962$1,931
29 years$28,525$20,706$14,762$10,366$7,189$1,638
30 years$27,277$19,554$13,750$9,513$6,496$1,390
31 years$26,111$18,485$12,819$8,737$5,873$1,179
32 years$25,020$17,491$11,960$8,030$5,312$1,001
33 years$23,997$16,564$11,168$7,384$4,808$850
34 years$23,037$15,699$10,434$6,794$4,353$722
35 years$22,134$14,890$9,755$6,254$3,943$613
36 years$21,282$14,133$9,126$5,760$3,572$520
37 years$20,479$13,423$8,542$5,307$3,238$442
38 years$19,720$12,757$7,999$4,892$2,935$375
39 years$19,001$12,130$7,494$4,510$2,662$319
40 years$18,320$11,541$7,024$4,160$2,414$271
41 years$17,674$10,986$6,586$3,838$2,190$230
42 years$17,060$10,463$6,178$3,542$1,987$195
43 years$16,477$9,969$5,798$3,270$1,804$166
44 years$15,921$9,502$5,442$3,019$1,637$141
45 years$15,392$9,061$5,110$2,788$1,486$120
46 years$14,887$8,644$4,799$2,576$1,350$102
47 years$14,405$8,249$4,509$2,380$1,225$86
48 years$13,945$7,875$4,237$2,199$1,113$73
49 years$13,504$7,520$3,983$2,032$1,011$62
50 years$13,083$7,184$3,744$1,878$918$53

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 $5,375 every year, while hoping to spend $44,306 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: 71/13/16 Blend
39$13,400,000$13,400,000$13,400,000$13,400,000
40$14,772,344$14,062,144$13,854,444$15,766,337
41$16,231,982$14,704,048$14,271,427$17,069,309
42$17,839,018$15,375,920$14,700,894$18,489,451
43$19,608,440$16,079,182$15,143,216$20,043,057
44$21,556,763$16,815,325$15,598,775$21,743,316
45$23,702,185$17,585,908$16,067,967$23,604,744
46$26,064,760$18,392,569$16,551,195$25,643,322
47$28,666,582$19,237,022$17,048,877$27,876,641
48$31,532,002$20,121,064$17,561,443$30,324,068
49$34,687,850$21,046,580$18,089,335$33,006,926
50$38,163,691$22,015,543$18,633,008$35,948,693
51$41,992,105$23,030,022$19,192,932$39,175,220
52$46,208,992$24,092,186$19,769,587$42,714,970
53$50,853,913$25,204,307$20,363,472$46,599,290
54$55,970,462$26,368,767$20,975,098$50,862,697
55$61,606,676$27,588,064$21,604,991$55,543,205
56$67,815,492$28,864,813$22,253,693$60,682,679
57$74,655,242$30,201,759$22,921,761$66,327,227
58$82,190,208$31,601,776$23,609,771$72,527,629
59$90,491,224$33,067,879$24,318,314$79,339,819
60$99,636,349$34,603,225$25,047,998$86,825,402
61$109,711,600$36,211,126$25,799,449$95,052,234
62$120,811,765$37,895,053$26,573,312$104,095,061
63$133,041,299$39,658,645$27,370,252$114,036,216
64$146,515,307$41,505,714$28,190,951$124,966,392
65$161,360,634$43,440,260$29,036,114$136,985,498
66$177,717,058$45,466,472$29,906,463$150,203,590
67$195,738,614$47,588,744$30,802,745$164,741,910
68$215,595,042$49,811,682$31,725,726$180,734,023
69$237,473,395$52,140,113$32,676,197$198,327,070
70$261,579,801$54,579,099$33,654,969$217,683,157
71$288,141,410$57,133,944$34,662,881$238,980,871
72$317,408,539$59,810,212$35,700,792$262,416,966
73$349,657,030$62,613,733$36,769,589$288,208,210
74$385,190,862$65,550,621$37,870,185$316,593,425
75$424,345,012$68,627,283$39,003,518$347,835,736
76$467,488,623$71,850,440$40,170,555$382,225,041
77$515,028,485$75,227,135$41,372,292$420,080,750
78$567,412,878$78,764,752$42,609,751$461,754,779
79$625,135,801$82,471,034$43,883,988$507,634,876
80$688,741,637$86,354,099$45,196,085$558,148,262
81$758,830,291$90,422,456$46,547,161$613,765,661
82$836,062,853$94,685,029$47,938,363$675,005,730
83$921,167,840$99,151,171$49,370,874$742,439,948
84$1,014,948,073$103,830,692$50,845,912$816,697,996
85$1,118,288,254$108,733,874$52,364,728$898,473,693
86$1,232,163,322$113,871,500$53,928,612$988,531,535
87$1,357,647,652$119,254,874$55,538,891$1,087,713,895
88$1,495,925,198$124,895,849$57,196,930$1,196,948,966
89$1,648,300,675$130,806,852$58,904,134$1,317,259,511
90$1,816,211,871$137,000,915$60,661,949$1,449,772,499
91$2,001,243,221$143,491,699$62,471,864$1,595,729,735
92$2,205,140,768$150,293,530$64,335,410$1,756,499,564
93$2,429,828,642$157,421,430$66,254,162$1,933,589,775
94$2,677,427,231$164,891,147$68,229,744$2,128,661,817
95$2,950,273,192$172,719,196$70,263,823$2,343,546,467
96$3,250,941,515$180,922,894$72,358,119$2,580,261,094
97$3,582,269,831$189,520,398$74,514,398$2,841,028,687
98$3,947,385,202$198,530,746$76,734,478$3,128,298,819
99$4,349,733,643$207,973,902$79,020,233$3,444,770,754
100$4,793,112,652$217,870,801$81,373,588$3,793,418,904