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%16.3%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,064,320
2 years$560,066$549,635$539,526$529,725$520,218$492,057
3 years$369,668$359,193$349,109$339,400$330,048$302,745
4 years$274,488$264,045$254,062$244,518$235,393$209,157
5 years$217,395$207,014$197,163$187,814$178,942$153,847
6 years$179,346$169,043$159,337$150,196$141,591$117,660
7 years$152,178$141,962$132,410$123,484$115,151$92,388
8 years$131,811$121,687$112,294$103,588$95,529$73,922
9 years$115,979$105,951$96,719$88,234$80,449$59,979
10 years$103,321$93,390$84,321$76,059$68,547$49,189
11 years$92,971$83,140$74,235$66,194$58,952$40,679
12 years$84,352$74,622$65,882$58,061$51,087$33,865
13 years$77,065$67,437$58,861$51,259$44,549$28,343
14 years$70,824$61,298$52,887$45,502$39,051$23,825
15 years$65,420$55,997$47,750$40,580$34,384$20,099
16 years$60,696$51,376$43,292$36,335$30,388$17,006
17 years$56,533$47,315$39,394$32,647$26,945$14,424
18 years$52,836$43,721$35,962$29,421$23,958$12,260
19 years$49,532$40,521$32,921$26,584$21,354$10,438
20 years$46,562$37,654$30,214$24,077$19,074$8,900
21 years$43,878$35,073$27,791$21,852$17,069$7,598
22 years$41,442$32,739$25,613$19,868$15,300$6,493
23 years$39,221$30,620$23,649$18,094$13,734$5,554
24 years$37,188$28,689$21,872$16,503$12,345$4,754
25 years$35,321$26,924$20,258$15,072$11,108$4,072
26 years$33,600$25,304$18,788$13,781$10,006$3,490
27 years$32,009$23,814$17,446$12,614$9,021$2,993
28 years$30,534$22,440$16,219$11,557$8,140$2,567
29 years$29,164$21,169$15,093$10,598$7,350$2,203
30 years$27,887$19,992$14,058$9,726$6,641$1,890
31 years$26,695$18,899$13,106$8,933$6,004$1,623
32 years$25,580$17,882$12,228$8,210$5,431$1,394
33 years$24,535$16,935$11,418$7,549$4,915$1,197
34 years$23,553$16,051$10,668$6,946$4,450$1,028
35 years$22,629$15,224$9,974$6,394$4,031$883
36 years$21,759$14,449$9,330$5,889$3,652$759
37 years$20,937$13,724$8,733$5,426$3,310$652
38 years$20,161$13,042$8,178$5,001$3,001$561
39 years$19,426$12,402$7,662$4,611$2,721$482
40 years$18,730$11,800$7,182$4,253$2,468$414
41 years$18,070$11,232$6,734$3,924$2,239$356
42 years$17,442$10,697$6,317$3,622$2,032$306
43 years$16,845$10,192$5,927$3,343$1,844$263
44 years$16,278$9,715$5,564$3,087$1,674$226
45 years$15,736$9,264$5,224$2,851$1,520$194
46 years$15,220$8,838$4,907$2,633$1,380$167
47 years$14,728$8,434$4,610$2,433$1,253$144
48 years$14,257$8,051$4,332$2,248$1,138$124
49 years$13,807$7,689$4,072$2,078$1,033$106
50 years$13,376$7,344$3,828$1,920$939$91

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 $4,862 every year, while hoping to spend $28,609 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: 47/41/12 Blend
39$13,700,000$13,700,000$13,700,000$13,700,000
40$15,102,415$14,376,315$14,163,965$15,761,508
41$16,612,422$15,050,315$14,608,018$16,891,107
42$18,275,490$15,756,382$15,065,988$18,113,016
43$20,107,202$16,496,057$15,538,311$19,438,508
44$22,124,729$17,270,956$16,025,437$20,877,229
45$24,346,991$18,082,772$16,527,829$22,439,764
46$26,794,839$18,933,282$17,045,965$24,137,736
47$29,491,247$19,824,348$17,580,340$25,983,906
48$32,461,534$20,757,920$18,131,461$27,992,290
49$35,733,599$21,736,047$18,699,853$30,178,283
50$39,338,185$22,760,873$19,286,057$32,558,799
51$43,309,172$23,834,647$19,890,632$35,152,423
52$47,683,892$24,959,729$20,514,153$37,979,575
53$52,503,484$26,138,592$21,157,212$41,062,701
54$57,813,284$27,373,827$21,820,423$44,426,473
55$63,663,248$28,668,154$22,504,417$48,098,013
56$70,108,429$30,024,423$23,209,844$52,107,141
57$77,209,491$31,445,622$23,937,377$56,486,647
58$85,033,287$32,934,885$24,687,706$61,272,590
59$93,653,485$34,495,497$25,461,547$66,504,628
60$103,151,268$36,130,904$26,259,636$72,226,382
61$113,616,096$37,844,717$27,082,733$78,485,834
62$125,146,554$39,640,724$27,931,620$85,335,771
63$137,851,279$41,522,896$28,807,106$92,834,270
64$151,849,989$43,495,398$29,710,024$101,045,232
65$167,274,611$45,562,595$30,641,233$110,038,971
66$184,270,526$47,729,067$31,601,619$119,892,865
67$202,997,942$49,999,614$32,592,095$130,692,072
68$223,633,407$52,379,270$33,613,605$142,530,313
69$246,371,474$54,873,313$34,667,121$155,510,747
70$271,426,539$57,487,280$35,753,644$169,746,924
71$299,034,863$60,226,975$36,874,209$185,363,837
72$329,456,806$63,098,483$38,029,881$202,499,086
73$362,979,278$66,108,187$39,221,761$221,304,157
74$399,918,457$69,262,780$40,450,981$241,945,828
75$440,622,763$72,569,280$41,718,713$264,607,725
76$485,476,155$76,035,045$43,026,161$289,492,031
77$534,901,755$79,667,795$44,374,569$316,821,369
78$589,365,838$83,475,620$45,765,221$346,840,883
79$649,382,236$87,467,008$47,199,438$379,820,522
80$715,517,191$91,650,859$48,678,586$416,057,561
81$788,394,697$96,036,503$50,204,072$455,879,381
82$868,702,394$100,633,730$51,777,346$499,646,527
83$957,198,056$105,452,800$53,399,905$547,756,080
84$1,054,716,748$110,504,478$55,073,292$600,645,375
85$1,162,178,708$115,800,049$56,799,099$658,796,092
86$1,280,598,035$121,351,350$58,578,968$722,738,767
87$1,411,092,262$127,170,794$60,414,590$793,057,764
88$1,554,892,906$133,271,396$62,307,713$870,396,751
89$1,713,357,098$139,666,810$64,260,136$955,464,734
90$1,887,980,387$146,371,349$66,273,717$1,049,042,706
91$2,080,410,870$153,400,028$68,350,369$1,151,990,978
92$2,292,464,741$160,768,592$70,492,069$1,265,257,244
93$2,526,143,444$168,493,553$72,700,853$1,389,885,489
94$2,783,652,565$176,592,226$74,978,820$1,527,025,782
95$3,067,422,654$185,082,772$77,328,138$1,677,945,081
96$3,380,132,174$193,984,238$79,751,041$1,844,039,138
97$3,724,732,787$203,316,596$82,249,831$2,026,845,614
98$4,104,477,216$213,100,795$84,826,886$2,228,058,528
99$4,522,949,960$223,358,802$87,484,655$2,449,544,189
100$4,984,101,131$234,113,658$90,225,665$2,693,358,739