Can I retire at age 40 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,086,940
2 years$560,066$549,635$539,526$529,725$520,218$514,649
3 years$369,668$359,193$349,109$339,400$330,048$324,601
4 years$274,488$264,045$254,062$244,518$235,393$230,109
5 years$217,395$207,014$197,163$187,814$178,942$173,837
6 years$179,346$169,043$159,337$150,196$141,591$136,672
7 years$152,178$141,962$132,410$123,484$115,151$110,420
8 years$131,811$121,687$112,294$103,588$95,529$90,987
9 years$115,979$105,951$96,719$88,234$80,449$76,094
10 years$103,321$93,390$84,321$76,059$68,547$64,377
11 years$92,971$83,140$74,235$66,194$58,952$54,966
12 years$84,352$74,622$65,882$58,061$51,087$47,279
13 years$77,065$67,437$58,861$51,259$44,549$40,917
14 years$70,824$61,298$52,887$45,502$39,051$35,591
15 years$65,420$55,997$47,750$40,580$34,384$31,091
16 years$60,696$51,376$43,292$36,335$30,388$27,258
17 years$56,533$47,315$39,394$32,647$26,945$23,972
18 years$52,836$43,721$35,962$29,421$23,958$21,138
19 years$49,532$40,521$32,921$26,584$21,354$18,683
20 years$46,562$37,654$30,214$24,077$19,074$16,545
21 years$43,878$35,073$27,791$21,852$17,069$14,678
22 years$41,442$32,739$25,613$19,868$15,300$13,041
23 years$39,221$30,620$23,649$18,094$13,734$11,602
24 years$37,188$28,689$21,872$16,503$12,345$10,335
25 years$35,321$26,924$20,258$15,072$11,108$9,215
26 years$33,600$25,304$18,788$13,781$10,006$8,224
27 years$32,009$23,814$17,446$12,614$9,021$7,346
28 years$30,534$22,440$16,219$11,557$8,140$6,566
29 years$29,164$21,169$15,093$10,598$7,350$5,873
30 years$27,887$19,992$14,058$9,726$6,641$5,256
31 years$26,695$18,899$13,106$8,933$6,004$4,706
32 years$25,580$17,882$12,228$8,210$5,431$4,216
33 years$24,535$16,935$11,418$7,549$4,915$3,778
34 years$23,553$16,051$10,668$6,946$4,450$3,387
35 years$22,629$15,224$9,974$6,394$4,031$3,037
36 years$21,759$14,449$9,330$5,889$3,652$2,724
37 years$20,937$13,724$8,733$5,426$3,310$2,444
38 years$20,161$13,042$8,178$5,001$3,001$2,194
39 years$19,426$12,402$7,662$4,611$2,721$1,969
40 years$18,730$11,800$7,182$4,253$2,468$1,768
41 years$18,070$11,232$6,734$3,924$2,239$1,588
42 years$17,442$10,697$6,317$3,622$2,032$1,426
43 years$16,845$10,192$5,927$3,343$1,844$1,281
44 years$16,278$9,715$5,564$3,087$1,674$1,151
45 years$15,736$9,264$5,224$2,851$1,520$1,034
46 years$15,220$8,838$4,907$2,633$1,380$929
47 years$14,728$8,434$4,610$2,433$1,253$835
48 years$14,257$8,051$4,332$2,248$1,138$750
49 years$13,807$7,689$4,072$2,078$1,033$674
50 years$13,376$7,344$3,828$1,920$939$606

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $13,700,000, adding $3,414 every year, while hoping to spend $59,437 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: 51/36/13 Blend
39$13,700,000$13,700,000$13,700,000$13,700,000
40$15,100,922$14,374,822$14,162,472$15,818,066
41$16,577,975$15,015,947$14,573,674$16,950,503
42$18,203,696$15,686,496$14,996,659$18,174,394
43$19,993,185$16,387,847$15,431,760$19,503,591
44$21,963,083$17,121,445$15,879,317$20,948,037
45$24,131,725$17,888,802$16,339,681$22,518,656
46$26,519,312$18,691,505$16,813,212$24,227,449
47$29,148,107$19,531,214$17,300,280$26,087,604
48$32,042,640$20,409,669$17,801,265$28,113,617
49$35,229,940$21,328,694$18,316,558$30,321,419
50$38,739,791$22,290,197$18,846,560$32,728,525
51$42,605,014$23,296,181$19,391,684$35,354,193
52$46,861,774$24,348,742$19,952,353$38,219,595
53$51,549,920$25,450,076$20,529,003$41,348,018
54$56,713,368$26,602,485$21,122,080$44,765,072
55$62,400,505$27,808,381$21,732,044$48,498,924
56$68,664,656$29,070,291$22,359,366$52,580,561
57$75,564,578$30,390,862$23,004,532$57,044,071
58$83,165,020$31,772,869$23,668,039$61,926,960
59$91,537,331$33,219,220$24,350,398$67,270,495
60$100,760,138$34,732,960$25,052,135$73,120,085
61$110,920,079$36,317,282$25,773,789$79,525,702
62$122,112,630$37,975,532$26,515,914$86,542,344
63$134,443,001$39,711,216$27,279,079$94,230,540
64$148,027,128$41,528,007$28,063,870$102,656,917
65$162,992,771$43,429,755$28,870,885$111,894,811
66$179,480,716$45,420,495$29,700,742$122,024,955
67$197,646,106$47,504,456$30,554,074$133,136,224
68$217,659,904$49,686,070$31,431,530$145,326,464
69$239,710,508$51,969,980$32,333,780$158,703,402
70$264,005,525$54,361,055$33,261,507$173,385,649
71$290,773,737$56,864,395$34,215,416$189,503,807
72$320,267,256$59,485,348$35,196,230$207,201,682
73$352,763,904$62,229,518$36,204,691$226,637,633
74$388,569,835$65,102,777$37,241,562$247,986,047
75$428,022,428$68,111,283$38,307,624$271,438,967
76$471,493,467$71,261,487$39,403,681$297,207,887
77$519,392,654$74,560,153$40,530,557$325,525,734
78$572,171,473$78,014,370$41,689,100$356,649,043
79$630,327,457$81,631,567$42,880,178$390,860,359
80$694,408,877$85,419,534$44,104,683$428,470,884
81$765,019,925$89,386,433$45,363,533$469,823,392
82$842,826,412$93,540,823$46,657,666$515,295,441
83$928,562,056$97,891,673$47,988,047$565,302,912
84$1,023,035,407$102,448,387$49,355,668$620,303,911
85$1,127,137,481$107,220,820$50,761,546$680,803,067
86$1,241,850,169$112,219,305$52,206,722$747,356,263
87$1,368,255,508$117,454,673$53,692,269$820,575,862
88$1,507,545,895$122,938,277$55,219,285$901,136,450
89$1,661,035,344$128,682,020$56,788,899$989,781,176
90$1,830,171,889$134,698,379$58,402,267$1,087,328,732
91$2,016,551,256$141,000,434$60,060,578$1,194,681,049
92$2,221,931,927$147,601,898$61,765,050$1,312,831,770
93$2,448,251,738$154,517,146$63,516,933$1,442,875,595
94$2,697,646,177$161,761,247$65,317,512$1,586,018,577
95$2,972,468,540$169,350,002$67,168,102$1,743,589,457
96$3,275,312,152$177,299,972$69,070,054$1,917,052,175
97$3,609,034,844$185,628,524$71,024,754$2,108,019,632
98$3,976,785,938$194,353,861$73,033,623$2,318,268,877
99$4,382,035,974$203,495,071$75,098,119$2,549,757,828
100$4,828,609,477$213,072,162$77,219,739$2,804,643,702