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%17.8%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,042,467
2 years$551,890$541,611$531,650$521,992$512,623$478,635
3 years$364,272$353,949$344,013$334,445$325,229$292,361
4 years$270,481$260,190$250,353$240,949$231,956$200,460
5 years$214,222$203,992$194,284$185,072$176,329$146,290
6 years$176,727$166,575$157,011$148,003$139,524$110,966
7 years$149,956$139,889$130,477$121,682$113,470$86,392
8 years$129,887$119,911$110,654$102,076$94,134$68,518
9 years$114,286$104,404$95,307$86,946$79,275$55,091
10 years$101,812$92,027$83,091$74,948$67,546$44,758
11 years$91,613$81,926$73,152$65,227$58,092$36,659
12 years$83,120$73,533$64,920$57,213$50,341$30,218
13 years$75,940$66,452$58,002$50,511$43,898$25,036
14 years$69,790$60,403$52,115$44,838$38,481$20,828
15 years$64,465$55,179$47,053$39,987$33,882$17,386
16 years$59,810$50,626$42,660$35,804$29,945$14,553
17 years$55,707$46,625$38,819$32,170$26,551$12,209
18 years$52,064$43,083$35,437$28,992$23,608$10,262
19 years$48,809$39,929$32,441$26,196$21,042$8,639
20 years$45,882$37,104$29,772$23,726$18,795$7,283
21 years$43,238$34,561$27,385$21,533$16,820$6,146
22 years$40,837$32,261$25,239$19,578$15,077$5,191
23 years$38,649$30,173$23,304$17,830$13,534$4,388
24 years$36,645$28,271$21,552$16,262$12,164$3,712
25 years$34,805$26,531$19,962$14,852$10,946$3,142
26 years$33,109$24,934$18,514$13,580$9,860$2,660
27 years$31,542$23,466$17,192$12,430$8,889$2,253
28 years$30,089$22,112$15,982$11,388$8,021$1,909
29 years$28,738$20,860$14,872$10,443$7,243$1,618
30 years$27,480$19,700$13,853$9,584$6,544$1,372
31 years$26,306$18,623$12,915$8,802$5,917$1,163
32 years$25,207$17,621$12,050$8,090$5,352$987
33 years$24,177$16,688$11,251$7,439$4,844$837
34 years$23,209$15,816$10,512$6,845$4,385$710
35 years$22,299$15,001$9,828$6,301$3,972$602
36 years$21,441$14,239$9,194$5,803$3,599$511
37 years$20,632$13,523$8,605$5,347$3,262$434
38 years$19,867$12,852$8,059$4,928$2,957$368
39 years$19,143$12,221$7,550$4,544$2,682$312
40 years$18,457$11,627$7,077$4,191$2,432$265
41 years$17,806$11,068$6,636$3,867$2,207$225
42 years$17,187$10,541$6,224$3,569$2,002$191
43 years$16,600$10,043$5,841$3,294$1,817$162
44 years$16,040$9,573$5,483$3,042$1,649$138
45 years$15,507$9,129$5,148$2,809$1,497$117
46 years$14,998$8,709$4,835$2,595$1,360$99
47 years$14,513$8,311$4,543$2,397$1,235$84
48 years$14,049$7,934$4,269$2,215$1,121$71
49 years$13,605$7,576$4,012$2,047$1,018$61
50 years$13,181$7,237$3,772$1,892$925$51

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 $5,389 every year, while hoping to spend $32,308 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: 76/18/6 Blend
39$13,500,000$13,500,000$13,500,000$13,500,000
40$14,882,559$14,167,059$13,957,809$16,004,497
41$16,366,204$14,826,869$14,391,020$17,402,057
42$18,000,099$15,517,927$14,837,661$18,928,754
43$19,799,534$16,241,731$15,298,147$20,601,139
44$21,781,359$16,999,848$15,772,908$22,433,646
45$23,964,142$17,793,925$16,262,384$24,442,165
46$26,368,342$18,625,686$16,767,033$26,644,186
47$29,016,507$19,496,938$17,287,322$29,058,962
48$31,933,481$20,409,578$17,823,737$31,707,689
49$35,146,640$21,365,591$18,376,777$34,613,701
50$38,686,154$22,367,062$18,946,955$37,802,692
51$42,585,267$23,416,173$19,534,803$41,302,949
52$46,880,612$24,515,214$20,140,868$45,145,620
53$51,612,560$25,666,585$20,765,712$49,365,004
54$56,825,596$26,872,802$21,409,918$53,998,869
55$62,568,740$28,136,503$22,074,084$59,088,808
56$68,896,014$29,460,454$22,758,828$64,680,623
57$75,866,945$30,847,554$23,464,787$70,824,759
58$83,547,133$32,300,844$24,192,616$77,576,770
59$92,008,866$33,823,510$24,942,994$84,997,843
60$101,331,802$35,418,894$25,716,617$93,155,369
61$111,603,727$37,090,501$26,514,204$102,123,575
62$122,921,374$38,842,002$27,336,497$111,984,217
63$135,391,344$40,677,251$28,184,260$122,827,352
64$149,131,109$42,600,284$29,058,280$134,752,174
65$164,270,121$44,615,336$29,959,371$147,867,953
66$180,951,032$46,726,846$30,888,368$162,295,053
67$199,331,044$48,939,469$31,846,136$178,166,068
68$219,583,393$51,258,085$32,833,564$195,627,061
69$241,898,980$53,687,812$33,851,569$214,838,939
70$266,488,176$56,234,015$34,901,096$235,978,966
71$293,582,808$58,902,320$35,983,122$259,242,423
72$323,438,347$61,698,626$37,098,649$284,844,449
73$356,336,319$64,629,119$38,248,714$313,022,061
74$392,586,963$67,700,286$39,434,386$344,036,379
75$432,532,159$70,918,926$40,656,764$378,175,089
76$476,548,657$74,292,171$41,916,983$415,755,144
77$525,051,632$77,827,499$43,216,214$457,125,744
78$578,498,603$81,532,751$44,555,661$502,671,629
79$637,393,754$85,416,149$45,936,569$552,816,690
80$702,292,691$89,486,315$47,360,219$608,027,968
81$773,807,691$93,752,289$48,827,931$668,820,045
82$852,613,476$98,223,552$50,341,068$735,759,891
83$939,453,590$102,910,045$51,901,032$809,472,201
84$1,035,147,411$107,822,193$53,509,273$890,645,281
85$1,140,597,894$112,970,927$55,167,280$980,037,530
86$1,256,800,087$118,367,711$56,876,592$1,078,484,580
87$1,384,850,532$124,024,565$58,638,794$1,186,907,176
88$1,525,957,613$129,954,095$60,455,520$1,306,319,846
89$1,681,452,965$136,169,521$62,328,455$1,437,840,461
90$1,852,804,044$142,684,704$64,259,335$1,582,700,772
91$2,041,627,983$149,514,181$66,249,950$1,742,258,015
92$2,249,706,860$156,673,198$68,302,145$1,918,007,708
93$2,479,004,515$164,177,741$70,417,822$2,111,597,747
94$2,731,685,099$172,044,574$72,598,943$2,324,843,937
95$3,010,133,500$180,291,278$74,847,528$2,559,747,114
96$3,316,977,858$188,936,292$77,165,662$2,818,512,010
97$3,655,114,379$197,998,950$79,555,491$3,103,568,040
98$4,027,734,676$207,499,529$82,019,230$3,417,592,210
99$4,438,355,900$217,459,292$84,559,161$3,763,534,362
100$4,890,853,945$227,900,541$87,177,637$4,144,644,991