Can I retire at age 40 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,099,578
2 years$568,242$557,659$547,403$537,458$527,812$518,914
3 years$375,065$364,436$354,206$344,355$334,866$326,172
4 years$278,495$267,899$257,771$248,088$238,829$230,407
5 years$220,569$210,036$200,041$190,555$181,554$173,429
6 years$181,964$171,510$161,663$152,389$143,658$135,839
7 years$154,399$144,034$134,343$125,287$116,832$109,324
8 years$133,736$123,464$113,933$105,100$96,923$89,726
9 years$117,672$107,498$98,131$89,522$81,624$74,734
10 years$104,829$94,754$85,552$77,169$69,547$62,962
11 years$94,328$84,354$75,319$67,160$59,813$53,527
12 years$85,583$75,711$66,844$58,908$51,833$45,841
13 years$78,190$68,421$59,720$52,007$45,199$39,494
14 years$71,858$62,193$53,659$46,166$39,621$34,197
15 years$66,375$56,814$48,447$41,172$34,886$29,734
16 years$61,582$52,126$43,924$36,865$30,832$25,945
17 years$57,358$48,006$39,969$33,123$27,338$22,707
18 years$53,607$44,360$36,487$29,851$24,308$19,924
19 years$50,255$41,112$33,402$26,973$21,666$17,522
20 years$47,242$38,203$30,655$24,429$19,352$15,439
21 years$44,519$35,585$28,196$22,171$17,318$13,626
22 years$42,047$33,217$25,987$20,158$15,523$12,043
23 years$39,794$31,067$23,995$18,359$13,935$10,658
24 years$37,731$29,108$22,191$16,744$12,525$9,443
25 years$35,836$27,317$20,553$15,292$11,270$8,375
26 years$34,090$25,673$19,062$13,982$10,152$7,433
27 years$32,476$24,161$17,701$12,798$9,153$6,603
28 years$30,980$22,767$16,455$11,726$8,259$5,869
29 years$29,590$21,478$15,313$10,753$7,457$5,220
30 years$28,294$20,284$14,264$9,868$6,738$4,645
31 years$27,085$19,175$13,297$9,063$6,092$4,136
32 years$25,954$18,144$12,407$8,329$5,511$3,684
33 years$24,893$17,182$11,584$7,660$4,987$3,282
34 years$23,897$16,285$10,824$7,047$4,515$2,925
35 years$22,960$15,446$10,119$6,488$4,090$2,608
36 years$22,076$14,660$9,466$5,975$3,705$2,326
37 years$21,243$13,924$8,860$5,505$3,358$2,074
38 years$20,455$13,233$8,297$5,074$3,045$1,851
39 years$19,710$12,583$7,774$4,679$2,761$1,651
40 years$19,003$11,972$7,286$4,315$2,504$1,474
41 years$18,333$11,396$6,832$3,981$2,272$1,315
42 years$17,697$10,853$6,409$3,674$2,062$1,174
43 years$17,091$10,341$6,014$3,392$1,871$1,048
44 years$16,515$9,857$5,645$3,132$1,698$936
45 years$15,966$9,400$5,301$2,892$1,542$836
46 years$15,442$8,967$4,978$2,672$1,400$747
47 years$14,943$8,557$4,677$2,468$1,271$667
48 years$14,465$8,169$4,395$2,281$1,154$596
49 years$14,008$7,801$4,131$2,108$1,048$532
50 years$13,571$7,452$3,884$1,948$952$475

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $13,900,000, adding $5,735 every year, while hoping to spend $31,437 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: 66/20/14 Blend
39$13,900,000$13,900,000$13,900,000$13,900,000
40$15,323,716$14,587,016$14,371,566$16,284,539
41$16,853,286$15,268,331$14,819,564$17,608,007
42$18,537,819$15,981,977$15,281,517$19,049,850
43$20,393,087$16,729,504$15,757,859$20,625,066
44$22,436,472$17,512,540$16,249,037$22,346,702
45$24,687,125$18,332,787$16,755,513$24,229,112
46$27,166,153$19,192,035$17,277,764$26,288,090
47$29,896,810$20,092,155$17,816,279$28,541,016
48$32,904,726$21,035,111$18,371,565$31,007,013
49$36,218,140$22,022,964$18,944,145$33,707,131
50$39,868,172$23,057,871$19,534,555$36,664,532
51$43,889,114$24,142,095$20,143,351$39,904,715
52$48,318,756$25,278,010$20,771,106$43,455,744
53$53,198,739$26,468,102$21,418,408$47,348,514
54$58,574,952$27,714,980$22,085,866$51,617,036
55$64,497,961$29,021,379$22,774,107$56,298,752
56$71,023,491$30,390,164$23,483,777$61,434,887
57$78,212,948$31,824,343$24,215,544$67,070,830
58$86,133,998$33,327,065$24,970,094$73,256,557
59$94,861,210$34,901,636$25,748,137$80,047,099
60$104,476,757$36,551,519$26,550,403$87,503,054
61$115,071,190$38,280,347$27,377,645$95,691,154
62$126,744,295$40,091,929$28,230,640$104,684,887
63$139,606,037$41,990,257$29,110,191$114,565,186
64$153,777,592$43,979,518$30,017,121$125,421,183
65$169,392,495$46,064,104$30,952,284$137,351,045
66$186,597,901$48,248,616$31,916,556$150,462,893
67$205,555,970$50,537,881$32,910,844$164,875,814
68$226,445,402$52,936,960$33,936,080$180,720,978
69$249,463,122$55,451,161$34,993,228$198,142,863
70$274,826,139$58,086,046$36,083,279$217,300,616
71$302,773,593$60,847,450$37,207,257$238,369,541
72$333,569,016$63,741,492$38,366,217$261,542,747
73$367,502,817$66,774,586$39,561,246$287,032,956
74$404,895,022$69,953,459$40,793,466$315,074,505
75$446,098,301$73,285,164$42,064,033$345,925,543
76$491,501,289$76,777,099$43,374,140$379,870,460
77$541,532,263$80,437,019$44,725,016$417,222,552
78$596,663,178$84,273,057$46,117,928$458,326,974
79$657,414,127$88,293,742$47,554,184$503,563,977
80$724,358,249$92,508,016$49,035,130$553,352,488
81$798,127,139$96,925,258$50,562,156$608,154,050
82$879,416,813$101,555,302$52,136,694$668,477,157
83$968,994,277$106,408,460$53,760,222$734,882,046
84$1,067,704,765$111,495,547$55,434,262$807,985,963
85$1,176,479,725$116,827,903$57,160,383$888,468,975
86$1,296,345,607$122,417,420$58,940,206$977,080,368
87$1,428,433,555$128,276,569$60,775,399$1,074,645,706
88$1,573,990,085$134,418,429$62,667,682$1,182,074,597
89$1,734,388,855$140,856,713$64,618,831$1,300,369,265
90$1,911,143,631$147,605,804$66,630,674$1,430,633,983
91$2,105,922,578$154,680,785$68,705,099$1,574,085,480
92$2,320,564,010$162,097,473$70,844,048$1,732,064,399
93$2,557,093,743$169,872,454$73,049,529$1,906,047,926
94$2,817,744,224$178,023,123$75,323,607$2,097,663,713
95$3,104,975,602$186,567,723$77,668,415$2,308,705,212
96$3,421,498,957$195,525,385$80,086,150$2,541,148,578
97$3,770,301,893$204,916,171$82,579,079$2,797,171,293
98$4,154,676,745$214,761,123$85,149,537$3,079,172,690
99$4,578,251,660$225,082,304$87,799,933$3,389,796,572
100$5,045,024,849$235,902,857$90,532,751$3,731,956,132