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%13.5%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,084,434
2 years$564,154$553,647$543,464$533,591$524,015$507,932
3 years$372,367$361,815$351,657$341,877$332,457$316,787
4 years$276,492$265,972$255,917$246,303$237,111$221,976
5 years$218,982$208,525$198,602$189,185$180,248$165,692
6 years$180,655$170,277$160,500$151,292$142,624$128,664
7 years$153,289$142,998$133,376$124,386$115,992$102,632
8 years$132,774$122,576$113,113$104,344$96,226$83,465
9 years$116,826$106,724$97,425$88,878$81,036$68,867
10 years$104,075$94,072$84,937$76,614$69,047$57,461
11 years$93,649$83,747$74,777$66,677$59,383$48,368
12 years$84,967$75,167$66,363$58,485$51,460$41,004
13 years$77,627$67,929$59,291$51,633$44,874$34,962
14 years$71,341$61,745$53,273$45,834$39,336$29,953
15 years$65,897$56,405$48,098$40,876$34,635$25,763
16 years$61,139$51,751$43,608$36,600$30,610$22,233
17 years$56,945$47,661$39,682$32,885$27,141$19,241
18 years$53,221$44,041$36,224$29,636$24,133$16,692
19 years$49,893$40,816$33,162$26,779$21,510$14,510
20 years$46,902$37,929$30,434$24,253$19,213$12,635
21 years$44,199$35,329$27,994$22,011$17,194$11,019
22 years$41,745$32,978$25,800$20,013$15,412$9,622
23 years$39,507$30,844$23,822$18,226$13,834$8,412
24 years$37,460$28,899$22,031$16,624$12,435$7,361
25 years$35,579$27,120$20,405$15,182$11,189$6,447
26 years$33,845$25,489$18,925$13,881$10,079$5,651
27 years$32,243$23,988$17,574$12,706$9,087$4,956
28 years$30,757$22,603$16,337$11,641$8,199$4,349
29 years$29,377$21,324$15,203$10,675$7,404$3,818
30 years$28,091$20,138$14,161$9,797$6,690$3,353
31 years$26,890$19,037$13,202$8,998$6,048$2,947
32 years$25,767$18,013$12,318$8,269$5,471$2,590
33 years$24,714$17,059$11,501$7,604$4,951$2,277
34 years$23,725$16,168$10,746$6,997$4,483$2,003
35 years$22,794$15,335$10,047$6,441$4,060$1,761
36 years$21,918$14,555$9,398$5,932$3,679$1,550
37 years$21,090$13,824$8,797$5,465$3,334$1,364
38 years$20,308$13,138$8,238$5,038$3,023$1,200
39 years$19,568$12,493$7,718$4,645$2,741$1,056
40 years$18,867$11,886$7,234$4,284$2,486$930
41 years$18,201$11,314$6,783$3,953$2,256$819
42 years$17,569$10,775$6,363$3,648$2,047$721
43 years$16,968$10,266$5,971$3,367$1,858$635
44 years$16,396$9,786$5,604$3,109$1,686$559
45 years$15,851$9,332$5,262$2,872$1,531$492
46 years$15,331$8,902$4,943$2,652$1,390$434
47 years$14,835$8,496$4,643$2,451$1,262$382
48 years$14,361$8,110$4,364$2,264$1,146$336
49 years$13,908$7,745$4,101$2,093$1,041$296
50 years$13,474$7,398$3,856$1,934$945$261

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 $3,145 every year, while hoping to spend $45,919 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: 35/38/27 Blend
39$13,800,000$13,800,000$13,800,000$13,800,000
40$15,210,844$14,479,444$14,265,544$15,619,142
41$16,713,493$15,140,079$14,694,582$16,585,078
42$18,367,872$15,831,547$15,136,454$17,622,205
43$20,189,412$16,555,309$15,591,542$18,740,369
44$22,195,110$17,312,897$16,060,237$19,946,848
45$24,403,701$18,105,919$16,542,944$21,249,619
46$26,835,825$18,936,056$17,040,080$22,657,433
47$29,514,230$19,805,073$17,552,073$24,179,884
48$32,463,977$20,714,818$18,079,363$25,827,499
49$35,712,687$21,667,228$18,622,406$27,611,831
50$39,290,793$22,664,333$19,181,668$29,545,557
51$43,231,831$23,708,263$19,757,632$31,642,595
52$47,572,756$24,801,246$20,350,791$33,918,226
53$52,354,291$25,945,621$20,961,656$36,389,231
54$57,621,310$27,143,838$21,590,752$39,074,040
55$63,423,261$28,398,463$22,238,620$41,992,902
56$69,814,635$29,712,190$22,905,816$45,168,061
57$76,855,479$31,087,838$23,592,912$48,623,962
58$84,611,961$32,528,366$24,300,498$52,387,468
59$93,156,997$34,036,872$25,029,180$56,488,110
60$102,570,937$35,616,605$25,779,584$60,958,346
61$112,942,325$37,270,970$26,552,352$65,833,867
62$124,368,732$39,003,538$27,348,146$71,153,912
63$136,957,682$40,818,050$28,167,648$76,961,635
64$150,827,659$42,718,428$29,011,557$83,304,495
65$166,109,233$44,708,783$29,880,597$90,234,694
66$182,946,288$46,793,427$30,775,510$97,809,653
67$201,497,380$48,976,876$31,697,061$106,092,542
68$221,937,237$51,263,868$32,646,037$115,152,861
69$244,458,404$53,659,366$33,623,248$125,067,080
70$269,273,063$56,168,576$34,629,528$135,919,345
71$296,615,033$58,796,954$35,665,736$147,802,255
72$326,741,983$61,550,221$36,732,754$160,817,720
73$359,937,855$64,434,372$37,831,491$175,077,901
74$396,515,555$67,455,695$38,962,885$190,706,252
75$436,819,898$70,620,780$40,127,898$207,838,666
76$481,230,865$73,936,536$41,327,520$226,624,731
77$530,167,195$77,410,208$42,562,774$247,229,129
78$584,090,330$81,049,389$43,834,707$269,833,157
79$643,508,776$84,862,042$45,144,402$294,636,422
80$708,982,902$88,856,513$46,492,971$321,858,697
81$781,130,231$93,041,555$47,881,558$351,741,968
82$860,631,266$97,426,342$49,311,342$384,552,692
83$948,235,918$102,020,496$50,783,534$420,584,284
84$1,044,770,582$106,834,101$52,299,384$460,159,852
85$1,151,145,942$111,877,732$53,860,174$503,635,222
86$1,268,365,565$117,162,478$55,467,226$551,402,257
87$1,397,535,375$122,699,962$57,121,901$603,892,527
88$1,539,874,097$128,502,374$58,825,598$661,581,344
89$1,696,724,757$134,582,492$60,579,758$724,992,208
90$1,869,567,364$140,953,716$62,385,862$794,701,716
91$2,060,032,883$147,630,096$64,245,436$871,344,956
92$2,269,918,629$154,626,362$66,160,050$955,621,463
93$2,501,205,236$161,957,961$68,131,318$1,048,301,776
94$2,756,075,356$169,641,088$70,160,904$1,150,234,664
95$3,036,934,266$177,692,724$72,250,517$1,262,355,090
96$3,346,432,569$186,130,676$74,401,918$1,385,692,980
97$3,687,491,226$194,973,614$76,616,917$1,521,382,897
98$4,063,329,127$204,241,116$78,897,379$1,670,674,692
99$4,477,493,477$213,953,711$81,245,221$1,834,945,242
100$4,933,893,292$224,132,923$83,662,416$2,015,711,383