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%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,065,615
2 years$560,066$549,635$539,526$529,725$520,218$493,340
3 years$369,668$359,193$349,109$339,400$330,048$303,975
4 years$274,488$264,045$254,062$244,518$235,393$210,326
5 years$217,395$207,014$197,163$187,814$178,942$154,950
6 years$179,346$169,043$159,337$150,196$141,591$118,699
7 years$152,178$141,962$132,410$123,484$115,151$93,361
8 years$131,811$121,687$112,294$103,588$95,529$74,832
9 years$115,979$105,951$96,719$88,234$80,449$60,828
10 years$103,321$93,390$84,321$76,059$68,547$49,978
11 years$92,971$83,140$74,235$66,194$58,952$41,411
12 years$84,352$74,622$65,882$58,061$51,087$34,542
13 years$77,065$67,437$58,861$51,259$44,549$28,968
14 years$70,824$61,298$52,887$45,502$39,051$24,400
15 years$65,420$55,997$47,750$40,580$34,384$20,628
16 years$60,696$51,376$43,292$36,335$30,388$17,491
17 years$56,533$47,315$39,394$32,647$26,945$14,868
18 years$52,836$43,721$35,962$29,421$23,958$12,665
19 years$49,532$40,521$32,921$26,584$21,354$10,807
20 years$46,562$37,654$30,214$24,077$19,074$9,236
21 years$43,878$35,073$27,791$21,852$17,069$7,903
22 years$41,442$32,739$25,613$19,868$15,300$6,769
23 years$39,221$30,620$23,649$18,094$13,734$5,804
24 years$37,188$28,689$21,872$16,503$12,345$4,980
25 years$35,321$26,924$20,258$15,072$11,108$4,276
26 years$33,600$25,304$18,788$13,781$10,006$3,673
27 years$32,009$23,814$17,446$12,614$9,021$3,157
28 years$30,534$22,440$16,219$11,557$8,140$2,715
29 years$29,164$21,169$15,093$10,598$7,350$2,335
30 years$27,887$19,992$14,058$9,726$6,641$2,009
31 years$26,695$18,899$13,106$8,933$6,004$1,729
32 years$25,580$17,882$12,228$8,210$5,431$1,489
33 years$24,535$16,935$11,418$7,549$4,915$1,282
34 years$23,553$16,051$10,668$6,946$4,450$1,104
35 years$22,629$15,224$9,974$6,394$4,031$951
36 years$21,759$14,449$9,330$5,889$3,652$819
37 years$20,937$13,724$8,733$5,426$3,310$706
38 years$20,161$13,042$8,178$5,001$3,001$608
39 years$19,426$12,402$7,662$4,611$2,721$524
40 years$18,730$11,800$7,182$4,253$2,468$451
41 years$18,070$11,232$6,734$3,924$2,239$389
42 years$17,442$10,697$6,317$3,622$2,032$335
43 years$16,845$10,192$5,927$3,343$1,844$289
44 years$16,278$9,715$5,564$3,087$1,674$249
45 years$15,736$9,264$5,224$2,851$1,520$215
46 years$15,220$8,838$4,907$2,633$1,380$185
47 years$14,728$8,434$4,610$2,433$1,253$159
48 years$14,257$8,051$4,332$2,248$1,138$137
49 years$13,807$7,689$4,072$2,078$1,033$118
50 years$13,376$7,344$3,828$1,920$939$102

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 $3,253 every year, while hoping to spend $36,935 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: 43/30/27 Blend
39$13,700,000$13,700,000$13,700,000$13,700,000
40$15,100,755$14,374,655$14,162,305$15,631,042
41$16,601,734$15,039,715$14,597,444$16,675,897
42$18,254,574$15,736,125$15,045,922$17,803,501
43$20,074,728$16,465,381$15,508,147$19,024,564
44$22,079,219$17,229,055$15,984,540$20,347,764
45$24,286,811$18,028,789$16,475,533$21,782,631
46$26,718,175$18,866,309$16,981,572$23,339,627
47$29,396,093$19,743,422$17,503,119$25,030,245
48$32,345,667$20,662,023$18,040,646$26,867,110
49$35,594,560$21,624,097$18,594,643$28,864,088
50$39,173,253$22,631,726$19,165,612$31,036,422
51$43,115,337$23,687,092$19,754,072$33,400,859
52$47,457,825$24,792,484$20,360,557$35,975,808
53$52,241,506$25,950,298$20,985,618$38,781,505
54$57,511,326$27,163,049$21,629,823$41,840,198
55$63,316,815$28,433,373$22,293,756$45,176,351
56$69,712,553$29,764,031$22,978,020$48,816,863
57$76,758,685$31,157,920$23,683,235$52,791,320
58$84,521,490$32,618,077$24,410,042$57,132,263
59$93,074,003$34,147,684$25,159,099$61,875,487
60$102,496,709$35,750,078$25,931,087$67,060,370
61$112,878,300$37,428,758$26,726,705$72,730,235
62$124,316,511$39,187,392$27,546,674$78,932,751
63$136,919,045$41,029,824$28,391,738$85,720,373
64$150,804,589$42,960,086$29,262,662$93,150,823
65$166,103,931$44,982,405$30,160,236$101,287,627
66$182,961,201$47,101,212$31,085,272$110,200,705
67$201,535,225$49,321,152$32,038,610$119,967,013
68$222,001,026$51,647,097$33,021,112$130,671,262
69$244,551,479$54,084,153$34,033,667$142,406,703
70$269,399,128$56,637,675$35,077,194$155,275,994
71$296,778,195$59,313,277$36,152,635$169,392,152
72$326,946,787$62,116,844$37,260,965$184,879,610
73$360,189,339$65,054,548$38,403,186$201,875,371
74$396,819,290$68,132,861$39,580,332$220,530,287
75$437,182,053$71,358,565$40,793,468$241,010,467
76$481,658,263$74,738,776$42,043,690$263,498,825
77$530,667,382$78,280,952$43,332,130$288,196,789
78$584,671,649$81,992,914$44,659,951$315,326,184
79$644,180,453$85,882,861$46,028,355$345,131,302
80$709,755,132$89,959,394$47,438,577$377,881,191
81$782,014,278$94,231,527$48,891,892$413,872,171
82$861,639,577$98,708,715$50,389,614$453,430,608
83$949,382,242$103,400,870$51,933,094$496,915,967
84$1,046,070,105$108,318,387$53,523,726$544,724,186
85$1,152,615,432$113,472,164$55,162,947$597,291,382
86$1,270,023,537$118,873,631$56,852,237$655,097,944
87$1,399,402,271$124,534,772$58,593,120$718,673,035
88$1,541,972,480$130,468,153$60,387,167$788,599,557
89$1,699,079,532$136,686,952$62,235,997$865,519,627
90$1,872,206,018$143,204,987$64,141,277$950,140,600
91$2,062,985,748$150,036,747$66,104,725$1,043,241,710
92$2,273,219,174$157,197,427$68,128,113$1,145,681,398
93$2,504,890,389$164,702,961$70,213,264$1,258,405,369
94$2,760,185,858$172,570,055$72,362,058$1,382,455,485
95$3,041,515,059$180,816,231$74,576,430$1,518,979,554
96$3,351,533,231$189,459,863$76,858,377$1,669,242,129
97$3,693,166,442$198,520,217$79,209,953$1,834,636,392
98$4,069,639,209$208,017,498$81,633,278$2,016,697,264
99$4,484,504,948$217,972,895$84,130,531$2,217,115,842
100$4,941,679,512$228,408,626$86,703,963$2,437,755,315