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%12.7%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,080,150
2 years$560,066$549,635$539,526$529,725$520,218$507,828
3 years$369,668$359,193$349,109$339,400$330,048$317,960
4 years$274,488$264,045$254,062$244,518$235,393$223,700
5 years$217,395$207,014$197,163$187,814$178,942$167,678
6 years$179,346$169,043$159,337$150,196$141,591$130,770
7 years$152,178$141,962$132,410$123,484$115,151$104,778
8 years$131,811$121,687$112,294$103,588$95,529$85,603
9 years$115,979$105,951$96,719$88,234$80,449$70,966
10 years$103,321$93,390$84,321$76,059$68,547$59,500
11 years$92,971$83,140$74,235$66,194$58,952$50,335
12 years$84,352$74,622$65,882$58,061$51,087$42,889
13 years$77,065$67,437$58,861$51,259$44,549$36,761
14 years$70,824$61,298$52,887$45,502$39,051$31,662
15 years$65,420$55,997$47,750$40,580$34,384$27,382
16 years$60,696$51,376$43,292$36,335$30,388$23,762
17 years$56,533$47,315$39,394$32,647$26,945$20,681
18 years$52,836$43,721$35,962$29,421$23,958$18,044
19 years$49,532$40,521$32,921$26,584$21,354$15,777
20 years$46,562$37,654$30,214$24,077$19,074$13,820
21 years$43,878$35,073$27,791$21,852$17,069$12,125
22 years$41,442$32,739$25,613$19,868$15,300$10,652
23 years$39,221$30,620$23,649$18,094$13,734$9,370
24 years$37,188$28,689$21,872$16,503$12,345$8,250
25 years$35,321$26,924$20,258$15,072$11,108$7,271
26 years$33,600$25,304$18,788$13,781$10,006$6,414
27 years$32,009$23,814$17,446$12,614$9,021$5,661
28 years$30,534$22,440$16,219$11,557$8,140$5,000
29 years$29,164$21,169$15,093$10,598$7,350$4,418
30 years$27,887$19,992$14,058$9,726$6,641$3,906
31 years$26,695$18,899$13,106$8,933$6,004$3,455
32 years$25,580$17,882$12,228$8,210$5,431$3,057
33 years$24,535$16,935$11,418$7,549$4,915$2,706
34 years$23,553$16,051$10,668$6,946$4,450$2,395
35 years$22,629$15,224$9,974$6,394$4,031$2,121
36 years$21,759$14,449$9,330$5,889$3,652$1,879
37 years$20,937$13,724$8,733$5,426$3,310$1,665
38 years$20,161$13,042$8,178$5,001$3,001$1,475
39 years$19,426$12,402$7,662$4,611$2,721$1,307
40 years$18,730$11,800$7,182$4,253$2,468$1,159
41 years$18,070$11,232$6,734$3,924$2,239$1,027
42 years$17,442$10,697$6,317$3,622$2,032$911
43 years$16,845$10,192$5,927$3,343$1,844$807
44 years$16,278$9,715$5,564$3,087$1,674$716
45 years$15,736$9,264$5,224$2,851$1,520$635
46 years$15,220$8,838$4,907$2,633$1,380$563
47 years$14,728$8,434$4,610$2,433$1,253$499
48 years$14,257$8,051$4,332$2,248$1,138$443
49 years$13,807$7,689$4,072$2,078$1,033$393
50 years$13,376$7,344$3,828$1,920$939$348

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 $6,708 every year, while hoping to spend $36,540 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: 42/32/26 Blend
39$13,700,000$13,700,000$13,700,000$13,700,000
40$15,104,319$14,378,219$14,165,869$15,623,409
41$16,606,082$15,043,874$14,601,548$16,662,082
42$18,259,799$15,740,921$15,050,597$17,782,220
43$20,080,932$16,470,860$15,513,425$18,994,590
44$22,086,518$17,235,262$15,990,456$20,307,721
45$24,295,330$18,035,777$16,482,123$21,730,970
46$26,728,054$18,874,130$16,988,874$23,274,613
47$29,407,485$19,752,133$17,511,172$24,949,932
48$32,358,744$20,671,683$18,049,491$26,769,318
49$35,609,509$21,634,768$18,604,322$28,746,382
50$39,190,283$22,643,476$19,176,171$30,896,077
51$43,134,677$23,699,991$19,765,558$33,234,834
52$47,479,729$24,806,606$20,373,019$35,780,709
53$52,266,253$25,965,722$20,999,107$38,553,549
54$57,539,227$27,179,858$21,644,393$41,575,167
55$63,348,211$28,451,653$22,309,463$44,869,548
56$69,747,820$29,783,877$22,994,922$48,463,061
57$76,798,240$31,179,429$23,701,394$52,384,703
58$84,565,791$32,641,351$24,429,521$56,666,365
59$93,123,558$34,172,833$25,179,966$61,343,121
60$102,552,076$35,777,217$25,953,410$66,453,552
61$112,940,095$37,458,009$26,750,557$72,040,101
62$124,385,416$39,218,882$27,572,132$78,149,461
63$136,995,810$41,063,689$28,418,880$84,833,008
64$150,890,041$42,996,468$29,291,571$92,147,273
65$166,198,985$45,021,454$30,190,998$100,154,465
66$183,066,863$47,143,087$31,117,978$108,923,045
67$201,652,605$49,366,021$32,073,352$118,528,362
68$222,131,350$51,695,135$33,057,989$129,053,348
69$244,696,098$54,135,547$34,072,782$140,589,288
70$269,559,531$56,692,620$35,118,651$153,236,670
71$296,956,024$59,371,980$36,196,547$167,106,114
72$327,143,855$62,179,522$37,307,447$182,319,404
73$360,407,641$65,121,432$38,452,360$199,010,620
74$397,061,029$68,204,191$39,632,323$217,327,384
75$437,449,655$71,434,597$40,848,406$237,432,242
76$481,954,405$74,819,778$42,101,713$259,504,170
77$530,995,013$78,367,206$43,393,380$283,740,254
78$585,034,024$82,084,718$44,724,577$310,357,521
79$644,581,155$85,980,530$46,096,511$339,594,974
80$710,198,114$90,063,258$47,510,426$371,715,817
81$782,503,898$94,341,933$48,967,601$407,009,926
82$862,180,637$98,826,030$50,469,358$445,796,551
83$949,980,036$103,525,479$52,017,055$488,427,312
84$1,046,730,469$108,450,697$53,612,095$535,289,485
85$1,153,344,798$113,612,602$55,255,922$586,809,635
86$1,270,828,996$119,022,648$56,950,023$643,457,609
87$1,400,291,636$124,692,841$58,695,932$705,750,944
88$1,542,954,366$130,635,773$60,495,229$774,259,717
89$1,700,163,434$136,864,648$62,349,541$849,611,896
90$1,873,402,399$143,393,311$64,260,546$932,499,231
91$2,064,306,141$150,236,280$66,229,972$1,023,683,748
92$2,274,676,291$157,408,781$68,259,599$1,124,004,903
93$2,506,498,240$164,926,779$70,351,263$1,234,387,466
94$2,761,959,884$172,807,015$72,506,854$1,355,850,213
95$3,043,472,279$181,067,046$74,728,321$1,489,515,494
96$3,353,692,402$189,725,281$77,017,670$1,636,619,782
97$3,695,548,235$198,801,028$79,376,969$1,798,525,303
98$4,072,266,407$208,314,531$81,808,350$1,976,732,839
99$4,487,402,659$218,287,021$84,314,009$2,172,895,845
100$4,944,875,409$228,740,764$86,896,207$2,388,836,005