Can I retire at age 40 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,070,357
2 years$564,154$553,647$543,464$533,591$524,015$493,935
3 years$372,367$361,815$351,657$341,877$332,457$303,313
4 years$276,492$265,972$255,917$246,303$237,111$209,127
5 years$218,982$208,525$198,602$189,185$180,248$153,501
6 years$180,655$170,277$160,500$151,292$142,624$117,140
7 years$153,289$142,998$133,376$124,386$115,992$91,771
8 years$132,774$122,576$113,113$104,344$96,226$73,256
9 years$116,826$106,724$97,425$88,878$81,036$59,295
10 years$104,075$94,072$84,937$76,614$69,047$48,507
11 years$93,649$83,747$74,777$66,677$59,383$40,012
12 years$84,967$75,167$66,363$58,485$51,460$33,222
13 years$77,627$67,929$59,291$51,633$44,874$27,730
14 years$71,341$61,745$53,273$45,834$39,336$23,246
15 years$65,897$56,405$48,098$40,876$34,635$19,556
16 years$61,139$51,751$43,608$36,600$30,610$16,499
17 years$56,945$47,661$39,682$32,885$27,141$13,954
18 years$53,221$44,041$36,224$29,636$24,133$11,825
19 years$49,893$40,816$33,162$26,779$21,510$10,038
20 years$46,902$37,929$30,434$24,253$19,213$8,533
21 years$44,199$35,329$27,994$22,011$17,194$7,262
22 years$41,745$32,978$25,800$20,013$15,412$6,187
23 years$39,507$30,844$23,822$18,226$13,834$5,275
24 years$37,460$28,899$22,031$16,624$12,435$4,501
25 years$35,579$27,120$20,405$15,182$11,189$3,843
26 years$33,845$25,489$18,925$13,881$10,079$3,283
27 years$32,243$23,988$17,574$12,706$9,087$2,806
28 years$30,757$22,603$16,337$11,641$8,199$2,399
29 years$29,377$21,324$15,203$10,675$7,404$2,052
30 years$28,091$20,138$14,161$9,797$6,690$1,755
31 years$26,890$19,037$13,202$8,998$6,048$1,502
32 years$25,767$18,013$12,318$8,269$5,471$1,286
33 years$24,714$17,059$11,501$7,604$4,951$1,100
34 years$23,725$16,168$10,746$6,997$4,483$942
35 years$22,794$15,335$10,047$6,441$4,060$807
36 years$21,918$14,555$9,398$5,932$3,679$691
37 years$21,090$13,824$8,797$5,465$3,334$592
38 years$20,308$13,138$8,238$5,038$3,023$507
39 years$19,568$12,493$7,718$4,645$2,741$434
40 years$18,867$11,886$7,234$4,284$2,486$372
41 years$18,201$11,314$6,783$3,953$2,256$319
42 years$17,569$10,775$6,363$3,648$2,047$273
43 years$16,968$10,266$5,971$3,367$1,858$234
44 years$16,396$9,786$5,604$3,109$1,686$200
45 years$15,851$9,332$5,262$2,872$1,531$172
46 years$15,331$8,902$4,943$2,652$1,390$147
47 years$14,835$8,496$4,643$2,451$1,262$126
48 years$14,361$8,110$4,364$2,264$1,146$108
49 years$13,908$7,745$4,101$2,093$1,041$92
50 years$13,474$7,398$3,856$1,934$945$79

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $13,800,000, adding $5,009 every year, while hoping to spend $49,046 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: 32/42/26 Blend
39$13,800,000$13,800,000$13,800,000$13,800,000
40$15,212,767$14,481,367$14,267,467$15,578,322
41$16,712,284$15,138,769$14,693,242$16,514,712
42$18,363,109$15,826,741$15,131,638$17,517,868
43$20,180,622$16,546,727$15,583,023$18,597,404
44$22,181,773$17,300,243$16,047,782$19,760,068
45$24,385,236$18,088,878$16,526,305$21,013,250
46$26,811,593$18,914,295$17,018,999$22,365,049
47$29,483,517$19,778,238$17,526,278$23,824,343
48$32,425,999$20,682,534$18,048,570$25,400,862
49$35,666,571$21,629,099$18,586,317$27,105,279
50$39,235,574$22,619,938$19,139,972$28,949,299
51$43,166,443$23,657,155$19,710,002$30,945,765
52$47,496,019$24,742,954$20,296,886$33,108,769
53$52,264,899$25,879,646$20,901,118$35,453,777
54$57,517,821$27,069,650$21,523,207$37,997,768
55$63,304,080$28,315,504$22,163,676$40,759,386
56$69,678,000$29,619,868$22,823,063$43,759,103
57$76,699,442$30,985,528$23,501,922$47,019,405
58$84,434,372$32,415,405$24,200,823$50,564,995
59$92,955,479$33,912,561$24,920,352$54,423,012
60$102,342,867$35,480,205$25,661,112$58,623,281
61$112,684,805$37,121,701$26,423,725$63,198,577
62$124,078,563$38,840,573$27,208,828$68,184,927
63$136,631,333$40,640,517$28,017,080$73,621,936
64$150,461,232$42,525,406$28,849,156$79,553,144
65$165,698,427$44,499,300$29,705,752$86,026,431
66$182,486,356$46,566,455$30,587,583$93,094,444
67$200,983,083$48,731,330$31,495,387$100,815,088
68$221,362,796$50,998,603$32,429,920$109,252,051
69$243,817,441$53,373,175$33,391,962$118,475,391
70$268,558,543$55,860,183$34,382,316$128,562,180
71$295,819,196$58,465,014$35,401,805$139,597,211
72$325,856,268$61,193,314$36,451,279$151,673,780
73$358,952,822$64,051,001$37,531,612$164,894,551
74$395,420,789$67,044,280$38,643,701$179,372,498
75$435,603,915$70,179,655$39,788,470$195,231,954
76$479,881,002$73,463,945$40,966,871$212,609,758
77$528,669,484$76,904,298$42,179,881$231,656,529
78$582,429,370$80,508,208$43,428,506$252,538,055
79$641,667,587$84,283,531$44,713,782$275,436,838
80$706,942,760$88,238,503$46,036,773$300,553,788
81$778,870,490$92,381,758$47,398,573$328,110,089
82$858,129,165$96,722,350$48,800,311$358,349,259
83$945,466,363$101,269,768$50,243,144$391,539,417
84$1,041,705,907$106,033,962$51,728,265$427,975,780
85$1,147,755,647$111,025,363$53,256,899$467,983,418
86$1,264,616,027$116,254,910$54,830,309$511,920,285
87$1,393,389,528$121,734,067$56,449,791$560,180,561
88$1,535,291,080$127,474,856$58,116,679$613,198,335
89$1,691,659,530$133,489,883$59,832,347$671,451,660
90$1,863,970,276$139,792,362$61,598,205$735,467,023
91$2,053,849,206$146,396,149$63,415,706$805,824,271
92$2,263,088,035$153,315,771$65,286,343$883,162,038
93$2,493,661,232$160,566,461$67,211,652$968,183,723
94$2,747,744,648$168,164,188$69,193,213$1,061,664,082
95$3,027,736,066$176,125,697$71,232,650$1,164,456,481
96$3,336,277,836$184,468,547$73,331,634$1,277,500,905
97$3,676,281,815$193,211,146$75,491,885$1,401,832,764
98$4,050,956,865$202,372,797$77,715,168$1,538,592,611
99$4,463,839,141$211,973,740$80,003,301$1,689,036,840
100$4,918,825,477$222,035,196$82,358,155$1,854,549,486