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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.3%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,059,282
2 years$564,154$553,647$543,464$533,591$524,015$483,029
3 years$372,367$361,815$351,657$341,877$332,457$292,923
4 years$276,492$265,972$255,917$246,303$237,111$199,331
5 years$218,982$208,525$198,602$189,185$180,248$144,320
6 years$180,655$170,277$160,500$151,292$142,624$108,573
7 years$153,289$142,998$133,376$124,386$115,992$83,808
8 years$132,774$122,576$113,113$104,344$96,226$65,881
9 years$116,826$106,724$97,425$88,878$81,036$52,486
10 years$104,075$94,072$84,937$76,614$69,047$42,241
11 years$93,649$83,747$74,777$66,677$59,383$34,262
12 years$84,967$75,167$66,363$58,485$51,460$27,961
13 years$77,627$67,929$59,291$51,633$44,874$22,930
14 years$71,341$61,745$53,273$45,834$39,336$18,878
15 years$65,897$56,405$48,098$40,876$34,635$15,591
16 years$61,139$51,751$43,608$36,600$30,610$12,910
17 years$56,945$47,661$39,682$32,885$27,141$10,712
18 years$53,221$44,041$36,224$29,636$24,133$8,903
19 years$49,893$40,816$33,162$26,779$21,510$7,411
20 years$46,902$37,929$30,434$24,253$19,213$6,176
21 years$44,199$35,329$27,994$22,011$17,194$5,151
22 years$41,745$32,978$25,800$20,013$15,412$4,301
23 years$39,507$30,844$23,822$18,226$13,834$3,593
24 years$37,460$28,899$22,031$16,624$12,435$3,003
25 years$35,579$27,120$20,405$15,182$11,189$2,511
26 years$33,845$25,489$18,925$13,881$10,079$2,101
27 years$32,243$23,988$17,574$12,706$9,087$1,758
28 years$30,757$22,603$16,337$11,641$8,199$1,471
29 years$29,377$21,324$15,203$10,675$7,404$1,232
30 years$28,091$20,138$14,161$9,797$6,690$1,032
31 years$26,890$19,037$13,202$8,998$6,048$864
32 years$25,767$18,013$12,318$8,269$5,471$724
33 years$24,714$17,059$11,501$7,604$4,951$606
34 years$23,725$16,168$10,746$6,997$4,483$508
35 years$22,794$15,335$10,047$6,441$4,060$426
36 years$21,918$14,555$9,398$5,932$3,679$357
37 years$21,090$13,824$8,797$5,465$3,334$299
38 years$20,308$13,138$8,238$5,038$3,023$250
39 years$19,568$12,493$7,718$4,645$2,741$210
40 years$18,867$11,886$7,234$4,284$2,486$176
41 years$18,201$11,314$6,783$3,953$2,256$147
42 years$17,569$10,775$6,363$3,648$2,047$124
43 years$16,968$10,266$5,971$3,367$1,858$104
44 years$16,396$9,786$5,604$3,109$1,686$87
45 years$15,851$9,332$5,262$2,872$1,531$73
46 years$15,331$8,902$4,943$2,652$1,390$61
47 years$14,835$8,496$4,643$2,451$1,262$51
48 years$14,361$8,110$4,364$2,264$1,146$43
49 years$13,908$7,745$4,101$2,093$1,041$36
50 years$13,474$7,398$3,856$1,934$945$30

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 $2,248 every year, while hoping to spend $48,272 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: 60/26/14 Blend
39$13,800,000$13,800,000$13,800,000$13,800,000
40$15,209,919$14,478,519$14,264,619$16,069,435
41$16,709,969$15,136,605$14,691,123$17,306,687
42$18,361,407$15,825,320$15,130,296$18,650,129
43$20,179,623$16,546,113$15,582,513$20,114,485
44$22,181,576$17,300,503$16,048,158$21,711,437
45$24,385,952$18,090,083$16,527,627$23,453,835
46$26,813,342$18,916,521$17,021,326$25,355,806
47$29,486,438$19,781,565$17,529,675$27,432,890
48$32,430,240$20,687,047$18,053,105$29,702,181
49$35,672,300$21,634,888$18,592,059$32,182,485
50$39,242,977$22,627,099$19,146,995$34,894,489
51$43,175,724$23,665,791$19,718,383$37,860,956
52$47,507,404$24,753,171$20,306,706$41,106,933
53$52,278,641$25,891,558$20,912,462$44,659,985
54$57,534,197$27,083,379$21,536,163$48,550,443
55$63,323,397$28,331,177$22,178,338$52,811,694
56$69,700,599$29,637,620$22,839,527$57,480,483
57$76,725,699$31,005,502$23,520,290$62,597,257
58$84,464,702$32,437,754$24,221,202$68,206,542
59$92,990,343$33,937,444$24,942,853$74,357,352
60$102,382,771$35,507,792$25,685,851$81,103,649
61$112,730,310$37,152,171$26,450,824$88,504,843
62$124,130,290$38,874,115$27,238,415$96,626,346
63$136,689,965$40,677,332$28,049,287$105,540,182
64$150,527,526$42,565,706$28,884,123$115,325,656
65$165,773,216$44,543,308$29,743,623$126,070,098
66$182,570,561$46,614,407$30,628,512$137,869,677
67$201,077,722$48,783,477$31,539,531$150,830,295
68$221,468,990$51,055,208$32,477,446$165,068,585
69$243,936,430$53,434,516$33,443,043$180,712,995
70$268,691,692$55,926,554$34,437,132$197,904,991
71$295,968,015$58,536,725$35,460,546$216,800,384
72$326,022,421$61,270,693$36,514,142$237,570,787
73$359,138,144$64,134,393$37,598,802$260,405,221
74$395,627,306$67,134,050$38,715,433$285,511,890
75$435,833,861$70,276,188$39,864,970$313,120,131
76$480,136,840$73,567,646$41,048,372$343,482,565
77$528,953,933$77,015,596$42,266,627$376,877,466
78$582,745,428$80,627,554$43,520,753$413,611,376
79$642,018,558$84,411,401$44,811,795$454,021,978
80$707,332,290$88,375,399$46,140,829$498,481,270
81$779,302,600$92,528,210$47,508,963$547,399,058
82$858,608,288$96,878,914$48,917,336$601,226,808
83$945,997,386$101,437,034$50,367,119$660,461,883
84$1,042,294,219$106,212,549$51,859,518$725,652,227
85$1,148,407,191$111,215,925$53,395,773$797,401,508
86$1,265,337,353$116,458,133$54,977,160$876,374,800
87$1,394,187,859$121,950,678$56,604,991$963,304,836
88$1,536,174,379$127,705,620$58,280,617$1,058,998,901
89$1,692,636,574$133,735,603$60,005,425$1,164,346,431
90$1,865,050,743$140,053,887$61,780,846$1,280,327,378
91$2,055,043,763$146,674,371$63,608,348$1,408,021,436
92$2,264,408,442$153,611,631$65,489,444$1,548,618,207
93$2,495,120,451$160,880,949$67,425,688$1,703,428,394
94$2,749,356,969$168,498,347$69,418,680$1,873,896,153
95$3,029,517,240$176,480,626$71,470,066$2,061,612,685
96$3,338,245,223$184,845,402$73,581,538$2,268,331,224
97$3,678,454,553$193,611,143$75,754,837$2,495,983,556
98$4,053,356,047$202,797,219$77,991,753$2,746,698,216
99$4,466,488,015$212,423,934$80,294,129$3,022,820,540
100$4,921,749,669$222,512,583$82,663,858$3,326,934,768