Can I retire at age 40 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,062,177
2 years$551,890$541,611$531,650$521,992$512,623$498,207
3 years$364,272$353,949$344,013$334,445$325,229$311,176
4 years$270,481$260,190$250,353$240,949$231,956$218,375
5 years$214,222$203,992$194,284$185,072$176,329$163,260
6 years$176,727$166,575$157,011$148,003$139,524$126,981
7 years$149,956$139,889$130,477$121,682$113,470$101,459
8 years$129,887$119,911$110,654$102,076$94,134$82,654
9 years$114,286$104,404$95,307$86,946$79,275$68,319
10 years$101,812$92,027$83,091$74,948$67,546$57,108
11 years$91,613$81,926$73,152$65,227$58,092$48,161
12 years$83,120$73,533$64,920$57,213$50,341$40,907
13 years$75,940$66,452$58,002$50,511$43,898$34,948
14 years$69,790$60,403$52,115$44,838$38,481$30,001
15 years$64,465$55,179$47,053$39,987$33,882$25,857
16 years$59,810$50,626$42,660$35,804$29,945$22,361
17 years$55,707$46,625$38,819$32,170$26,551$19,393
18 years$52,064$43,083$35,437$28,992$23,608$16,860
19 years$48,809$39,929$32,441$26,196$21,042$14,688
20 years$45,882$37,104$29,772$23,726$18,795$12,818
21 years$43,238$34,561$27,385$21,533$16,820$11,204
22 years$40,837$32,261$25,239$19,578$15,077$9,806
23 years$38,649$30,173$23,304$17,830$13,534$8,593
24 years$36,645$28,271$21,552$16,262$12,164$7,537
25 years$34,805$26,531$19,962$14,852$10,946$6,617
26 years$33,109$24,934$18,514$13,580$9,860$5,813
27 years$31,542$23,466$17,192$12,430$8,889$5,111
28 years$30,089$22,112$15,982$11,388$8,021$4,495
29 years$28,738$20,860$14,872$10,443$7,243$3,956
30 years$27,480$19,700$13,853$9,584$6,544$3,484
31 years$26,306$18,623$12,915$8,802$5,917$3,069
32 years$25,207$17,621$12,050$8,090$5,352$2,704
33 years$24,177$16,688$11,251$7,439$4,844$2,383
34 years$23,209$15,816$10,512$6,845$4,385$2,101
35 years$22,299$15,001$9,828$6,301$3,972$1,853
36 years$21,441$14,239$9,194$5,803$3,599$1,634
37 years$20,632$13,523$8,605$5,347$3,262$1,442
38 years$19,867$12,852$8,059$4,928$2,957$1,272
39 years$19,143$12,221$7,550$4,544$2,682$1,123
40 years$18,457$11,627$7,077$4,191$2,432$991
41 years$17,806$11,068$6,636$3,867$2,207$875
42 years$17,187$10,541$6,224$3,569$2,002$772
43 years$16,600$10,043$5,841$3,294$1,817$682
44 years$16,040$9,573$5,483$3,042$1,649$602
45 years$15,507$9,129$5,148$2,809$1,497$531
46 years$14,998$8,709$4,835$2,595$1,360$469
47 years$14,513$8,311$4,543$2,397$1,235$414
48 years$14,049$7,934$4,269$2,215$1,121$366
49 years$13,605$7,576$4,012$2,047$1,018$323
50 years$13,181$7,237$3,772$1,892$925$285

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $13,500,000, adding $3,365 every year, while hoping to spend $47,312 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: 68/12/20 Blend
39$13,500,000$13,500,000$13,500,000$13,500,000
40$14,880,471$14,164,971$13,955,721$15,818,279
41$16,347,939$14,808,715$14,372,898$17,089,616
42$17,963,504$15,482,417$14,802,465$18,473,982
43$19,742,220$16,187,494$15,244,786$19,987,198
44$21,700,679$16,925,433$15,700,239$21,641,961
45$23,857,160$17,697,791$16,169,208$23,452,244
46$26,231,806$18,506,199$16,652,093$25,433,431
47$28,846,815$19,352,368$17,149,303$27,602,455
48$31,726,645$20,238,089$17,661,259$29,977,957
49$34,898,248$21,165,239$18,188,396$32,580,459
50$38,391,321$22,135,789$18,731,160$35,432,557
51$42,238,592$23,151,798$19,290,010$38,559,129
52$46,476,122$24,215,430$19,865,419$41,987,569
53$51,143,650$25,328,950$20,457,874$45,748,041
54$56,284,965$26,494,731$21,067,875$49,873,761
55$61,948,321$27,715,262$21,695,939$54,401,309
56$68,186,892$28,993,152$22,342,594$59,370,970
57$75,059,271$30,331,133$23,008,388$64,827,107
58$82,630,029$31,732,071$23,693,881$70,818,586
59$90,970,318$33,198,968$24,399,652$77,399,220
60$100,158,545$34,734,972$25,126,295$84,628,286
61$110,281,112$36,343,382$25,874,422$92,571,072
62$121,433,233$38,027,655$26,644,662$101,299,492
63$133,719,829$39,791,416$27,437,665$110,892,761
64$147,256,521$41,638,464$28,254,095$121,438,135
65$162,170,719$43,572,782$29,094,640$133,031,737
66$178,602,827$45,598,543$29,960,006$145,779,448
67$196,707,567$47,720,123$30,850,917$159,797,915
68$216,655,439$49,942,109$31,768,123$175,215,633
69$238,634,330$52,269,310$32,712,392$192,174,164
70$262,851,290$54,706,764$33,684,515$210,829,459
71$289,534,481$57,259,755$34,685,307$231,353,329
72$318,935,338$59,933,822$35,715,604$253,935,058
73$351,330,934$62,734,772$36,776,268$278,783,185
74$387,026,604$65,668,690$37,868,188$306,127,463
75$426,358,819$68,741,957$38,992,273$336,221,025
76$469,698,368$71,961,262$40,149,464$369,342,760
77$517,453,856$75,333,619$41,340,726$405,799,943
78$570,075,561$78,866,378$42,567,052$445,931,126
79$628,059,684$82,567,246$43,829,464$490,109,324
80$691,953,035$86,444,305$45,129,014$538,745,529
81$762,358,193$90,506,024$46,466,784$592,292,580
82$839,939,194$94,761,284$47,843,887$651,249,427
83$925,427,802$99,219,397$49,261,467$716,165,835
84$1,019,630,414$103,890,124$50,720,703$787,647,558
85$1,123,435,676$108,783,699$52,222,805$866,362,049
86$1,237,822,867$113,910,853$53,769,022$953,044,753
87$1,363,871,150$119,282,835$55,360,634$1,048,506,030
88$1,502,769,753$124,911,440$56,998,962$1,153,638,800
89$1,655,829,202$130,809,035$58,685,361$1,269,426,954
90$1,824,493,688$136,988,585$60,421,229$1,396,954,635
91$2,010,354,704$143,463,686$62,207,999$1,537,416,451
92$2,215,166,068$150,248,590$64,047,151$1,692,128,743
93$2,440,860,479$157,358,243$65,940,202$1,862,541,996
94$2,689,567,765$164,808,314$67,888,716$2,050,254,512
95$2,963,634,989$172,615,233$69,894,300$2,257,027,489
96$3,265,648,606$180,796,228$71,958,608$2,484,801,622
97$3,598,458,881$189,369,361$74,083,339$2,735,715,414
98$3,965,206,800$198,353,572$76,270,244$3,012,125,338
99$4,369,353,717$207,768,721$78,521,121$3,316,628,068
100$4,814,714,039$217,635,631$80,837,820$3,652,084,972