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%19.8%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,034,206
2 years$551,890$541,611$531,650$521,992$512,623$470,521
3 years$364,272$353,949$344,013$334,445$325,229$284,654
4 years$270,481$260,190$250,353$240,949$231,956$193,216
5 years$214,222$203,992$194,284$185,072$176,329$139,524
6 years$176,727$166,575$157,011$148,003$139,524$104,676
7 years$149,956$139,889$130,477$121,682$113,470$80,569
8 years$129,887$119,911$110,654$102,076$94,134$63,146
9 years$114,286$104,404$95,307$86,946$79,275$50,154
10 years$101,812$92,027$83,091$74,948$67,546$40,236
11 years$91,613$81,926$73,152$65,227$58,092$32,529
12 years$83,120$73,533$64,920$57,213$50,341$26,458
13 years$75,940$66,452$58,002$50,511$43,898$21,624
14 years$69,790$60,403$52,115$44,838$38,481$17,740
15 years$64,465$55,179$47,053$39,987$33,882$14,599
16 years$59,810$50,626$42,660$35,804$29,945$12,044
17 years$55,707$46,625$38,819$32,170$26,551$9,957
18 years$52,064$43,083$35,437$28,992$23,608$8,245
19 years$48,809$39,929$32,441$26,196$21,042$6,837
20 years$45,882$37,104$29,772$23,726$18,795$5,676
21 years$43,238$34,561$27,385$21,533$16,820$4,716
22 years$40,837$32,261$25,239$19,578$15,077$3,922
23 years$38,649$30,173$23,304$17,830$13,534$3,263
24 years$36,645$28,271$21,552$16,262$12,164$2,717
25 years$34,805$26,531$19,962$14,852$10,946$2,263
26 years$33,109$24,934$18,514$13,580$9,860$1,885
27 years$31,542$23,466$17,192$12,430$8,889$1,571
28 years$30,089$22,112$15,982$11,388$8,021$1,310
29 years$28,738$20,860$14,872$10,443$7,243$1,092
30 years$27,480$19,700$13,853$9,584$6,544$911
31 years$26,306$18,623$12,915$8,802$5,917$760
32 years$25,207$17,621$12,050$8,090$5,352$634
33 years$24,177$16,688$11,251$7,439$4,844$529
34 years$23,209$15,816$10,512$6,845$4,385$441
35 years$22,299$15,001$9,828$6,301$3,972$368
36 years$21,441$14,239$9,194$5,803$3,599$307
37 years$20,632$13,523$8,605$5,347$3,262$256
38 years$19,867$12,852$8,059$4,928$2,957$214
39 years$19,143$12,221$7,550$4,544$2,682$179
40 years$18,457$11,627$7,077$4,191$2,432$149
41 years$17,806$11,068$6,636$3,867$2,207$124
42 years$17,187$10,541$6,224$3,569$2,002$104
43 years$16,600$10,043$5,841$3,294$1,817$87
44 years$16,040$9,573$5,483$3,042$1,649$72
45 years$15,507$9,129$5,148$2,809$1,497$60
46 years$14,998$8,709$4,835$2,595$1,360$50
47 years$14,513$8,311$4,543$2,397$1,235$42
48 years$14,049$7,934$4,269$2,215$1,121$35
49 years$13,605$7,576$4,012$2,047$1,018$29
50 years$13,181$7,237$3,772$1,892$925$24

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 $4,173 every year, while hoping to spend $40,389 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: 40/33/27 Blend
39$13,500,000$13,500,000$13,500,000$13,500,000
40$14,881,304$14,165,804$13,956,554$15,357,678
41$16,356,224$14,816,955$14,381,125$16,354,827
42$17,980,232$15,498,659$14,818,566$17,428,830
43$19,768,492$16,212,370$15,269,264$18,590,017
44$21,737,714$16,959,612$15,733,621$19,846,395
45$23,906,311$17,741,983$16,212,048$21,206,747
46$26,294,573$18,561,158$16,704,969$22,680,715
47$28,924,857$19,418,893$17,212,823$24,278,884
48$31,821,799$20,317,025$17,736,059$26,012,877
49$35,012,547$21,257,484$18,275,142$27,895,457
50$38,527,017$22,242,291$18,830,549$29,940,644
51$42,398,173$23,273,564$19,402,773$32,163,840
52$46,662,342$24,353,523$19,992,321$34,581,967
53$51,359,551$25,484,496$20,599,714$37,213,621
54$56,533,912$26,668,923$21,225,491$40,079,242
55$62,234,031$27,909,361$21,870,206$43,201,296
56$68,513,474$29,208,491$22,534,429$46,604,479
57$75,431,263$30,569,122$23,218,748$50,315,949
58$83,052,444$31,994,201$23,923,768$54,365,564
59$91,448,692$33,486,816$24,650,113$58,786,163
60$100,698,992$35,050,203$25,398,424$63,613,862
61$110,890,382$36,687,755$26,169,364$68,888,386
62$122,118,777$38,403,031$26,963,614$74,653,437
63$134,489,871$40,199,759$27,781,874$80,957,091
64$148,120,139$42,081,848$28,624,868$87,852,246
65$163,137,932$44,053,397$29,493,340$95,397,106
66$179,684,690$46,118,703$30,388,056$103,655,718
67$197,916,278$48,282,269$31,309,805$112,698,567
68$218,004,457$50,548,818$32,259,402$122,603,228
69$240,138,502$52,923,301$33,237,682$133,455,080
70$264,526,993$55,410,907$34,245,509$145,348,104
71$291,399,784$58,017,079$35,283,771$158,385,750
72$321,010,167$60,747,521$36,353,382$172,681,900
73$353,637,268$63,608,214$37,455,285$188,361,927
74$389,588,682$66,605,428$38,590,449$205,563,859
75$429,203,373$69,745,740$39,759,875$224,439,667
76$472,854,876$73,036,041$40,964,590$245,156,680
77$520,954,825$76,483,558$42,205,656$267,899,142
78$573,956,835$80,095,870$43,484,162$292,869,936
79$632,360,785$83,880,920$44,801,235$320,292,471
80$696,717,539$87,847,039$46,158,030$350,412,777
81$767,634,144$92,002,961$47,555,740$383,501,796
82$845,779,563$96,357,842$48,995,593$419,857,918
83$931,890,986$100,921,284$50,478,854$459,809,776
84$1,026,780,795$105,703,356$52,006,824$503,719,315
85$1,131,344,228$110,714,612$53,580,844$551,985,184
86$1,246,567,832$115,966,121$55,202,295$605,046,471
87$1,373,538,779$121,469,488$56,872,600$663,386,816
88$1,513,455,124$127,236,883$58,593,222$727,538,943
89$1,667,637,121$133,281,065$60,365,669$798,089,658
90$1,837,539,684$139,615,413$62,191,496$875,685,353
91$2,024,766,121$146,253,957$64,072,300$961,038,069
92$2,231,083,272$153,211,408$66,009,728$1,054,932,180
93$2,458,438,189$160,503,190$68,005,478$1,158,231,763
94$2,708,976,517$168,145,479$70,061,294$1,271,888,702
95$2,985,062,749$176,155,236$72,178,975$1,396,951,642
96$3,289,302,553$184,550,245$74,360,374$1,534,575,833
97$3,624,567,363$193,349,158$76,607,397$1,686,033,994
98$3,994,021,497$202,571,529$78,922,007$1,852,728,272
99$4,401,152,022$212,237,867$81,306,227$2,036,203,432
100$4,849,801,682$222,369,675$83,762,139$2,238,161,380