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

Use the below retirement simulation to view the chances of a successful retirement.
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%18.4%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,039,969
2 years$551,890$541,611$531,650$521,992$512,623$476,176
3 years$364,272$353,949$344,013$334,445$325,229$290,020
4 years$270,481$260,190$250,353$240,949$231,956$198,254
5 years$214,222$203,992$194,284$185,072$176,329$144,223
6 years$176,727$166,575$157,011$148,003$139,524$109,038
7 years$149,956$139,889$130,477$121,682$113,470$84,601
8 years$129,887$119,911$110,654$102,076$94,134$66,860
9 years$114,286$104,404$95,307$86,946$79,275$53,561
10 years$101,812$92,027$83,091$74,948$67,546$43,352
11 years$91,613$81,926$73,152$65,227$58,092$35,369
12 years$83,120$73,533$64,920$57,213$50,341$29,039
13 years$75,940$66,452$58,002$50,511$43,898$23,961
14 years$69,790$60,403$52,115$44,838$38,481$19,851
15 years$64,465$55,179$47,053$39,987$33,882$16,500
16 years$59,810$50,626$42,660$35,804$29,945$13,752
17 years$55,707$46,625$38,819$32,170$26,551$11,486
18 years$52,064$43,083$35,437$28,992$23,608$9,612
19 years$48,809$39,929$32,441$26,196$21,042$8,055
20 years$45,882$37,104$29,772$23,726$18,795$6,759
21 years$43,238$34,561$27,385$21,533$16,820$5,677
22 years$40,837$32,261$25,239$19,578$15,077$4,773
23 years$38,649$30,173$23,304$17,830$13,534$4,016
24 years$36,645$28,271$21,552$16,262$12,164$3,381
25 years$34,805$26,531$19,962$14,852$10,946$2,847
26 years$33,109$24,934$18,514$13,580$9,860$2,399
27 years$31,542$23,466$17,192$12,430$8,889$2,023
28 years$30,089$22,112$15,982$11,388$8,021$1,705
29 years$28,738$20,860$14,872$10,443$7,243$1,438
30 years$27,480$19,700$13,853$9,584$6,544$1,213
31 years$26,306$18,623$12,915$8,802$5,917$1,024
32 years$25,207$17,621$12,050$8,090$5,352$864
33 years$24,177$16,688$11,251$7,439$4,844$729
34 years$23,209$15,816$10,512$6,845$4,385$616
35 years$22,299$15,001$9,828$6,301$3,972$520
36 years$21,441$14,239$9,194$5,803$3,599$439
37 years$20,632$13,523$8,605$5,347$3,262$370
38 years$19,867$12,852$8,059$4,928$2,957$313
39 years$19,143$12,221$7,550$4,544$2,682$264
40 years$18,457$11,627$7,077$4,191$2,432$223
41 years$17,806$11,068$6,636$3,867$2,207$188
42 years$17,187$10,541$6,224$3,569$2,002$159
43 years$16,600$10,043$5,841$3,294$1,817$134
44 years$16,040$9,573$5,483$3,042$1,649$113
45 years$15,507$9,129$5,148$2,809$1,497$96
46 years$14,998$8,709$4,835$2,595$1,360$81
47 years$14,513$8,311$4,543$2,397$1,235$68
48 years$14,049$7,934$4,269$2,215$1,121$58
49 years$13,605$7,576$4,012$2,047$1,018$49
50 years$13,181$7,237$3,772$1,892$925$41

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 $3,018 every year, while hoping to spend $53,768 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: 68/21/11 Blend
39$13,500,000$13,500,000$13,500,000$13,500,000
40$14,880,113$14,164,613$13,955,363$15,857,140
41$16,340,676$14,801,470$14,365,659$17,143,592
42$17,948,414$15,467,732$14,787,898$18,543,290
43$19,718,283$16,164,781$15,222,423$20,072,665
44$21,666,760$16,894,068$15,669,587$21,744,427
45$23,812,005$17,657,113$16,129,753$23,572,558
46$26,174,025$18,455,506$16,603,295$25,572,443
47$28,774,866$19,290,917$17,090,596$27,761,016
48$31,638,822$20,165,092$17,592,051$30,156,912
49$34,792,663$21,079,862$18,108,066$32,780,638
50$38,265,886$22,037,147$18,639,058$35,654,771
51$42,090,996$23,038,956$19,185,455$38,804,160
52$46,303,809$24,087,397$19,747,700$42,256,158
53$50,943,795$25,184,677$20,326,245$46,040,881
54$56,054,445$26,333,108$20,921,557$50,191,481
55$61,683,684$27,535,116$21,534,114$54,744,461
56$67,884,323$28,793,241$22,164,411$59,740,012
57$74,714,558$30,110,144$22,812,953$65,222,386
58$82,238,517$31,488,615$23,480,261$71,240,313
59$90,526,867$32,931,578$24,166,871$77,847,453
60$99,657,479$34,442,097$24,873,333$85,102,897
61$109,716,165$36,023,383$25,600,212$93,071,722
62$120,797,487$37,678,801$26,348,092$101,825,595
63$133,005,646$39,411,878$27,117,569$111,443,447
64$146,455,473$41,226,311$27,909,258$122,012,210
65$161,273,504$43,125,973$28,723,791$133,627,633
66$177,599,181$45,114,925$29,561,818$146,395,176
67$195,586,164$47,197,423$30,424,005$160,430,999
68$215,403,783$49,377,927$31,311,040$175,863,052
69$237,238,636$51,661,113$32,223,627$192,832,275
70$261,296,349$54,051,880$33,162,491$211,493,918
71$287,803,520$56,555,365$34,128,377$232,019,000
72$317,009,852$59,176,951$35,122,051$254,595,913
73$349,190,517$61,922,282$36,144,300$279,432,192
74$384,648,749$64,797,272$37,195,932$306,756,464
75$423,718,705$67,808,122$38,277,780$336,820,594
76$466,768,624$70,961,331$39,390,696$369,902,055
77$514,204,298$74,263,712$40,535,560$406,306,532
78$566,472,908$77,722,405$41,713,272$446,370,800
79$624,067,239$81,344,897$42,924,761$490,465,887
80$687,530,335$85,139,035$44,170,979$539,000,568
81$757,460,627$89,113,045$45,452,904$592,425,205
82$834,517,578$93,275,551$46,771,543$651,235,989
83$919,427,910$97,635,593$48,127,930$715,979,606
84$1,012,992,468$102,202,647$49,523,125$787,258,384
85$1,116,093,771$106,986,649$50,958,222$865,735,964
86$1,229,704,354$111,998,012$52,434,341$952,143,544
87$1,354,895,940$117,247,657$53,952,633$1,047,286,769
88$1,492,849,563$122,747,030$55,514,284$1,152,053,314
89$1,644,866,715$128,508,130$57,120,508$1,267,421,248
90$1,812,381,630$134,543,538$58,772,555$1,394,468,243
91$1,996,974,829$140,866,445$60,471,709$1,534,381,731
92$2,200,388,039$147,490,678$62,219,288$1,688,470,087
93$2,424,540,631$154,430,734$64,016,647$1,858,174,962
94$2,671,547,749$161,701,812$65,865,178$2,045,084,865
95$2,943,740,267$169,319,849$67,766,309$2,250,950,135
96$3,243,686,803$177,301,551$69,721,510$2,477,699,440
97$3,574,217,965$185,664,435$71,732,288$2,727,457,953
98$3,938,453,071$194,426,866$73,800,193$3,002,567,390
99$4,339,829,602$203,608,099$75,926,817$3,305,608,086
100$4,782,135,649$213,228,324$78,113,793$3,639,423,319