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

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,073,785
2 years$568,242$557,659$547,403$537,458$527,812$493,241
3 years$375,065$364,436$354,206$344,355$334,866$301,428
4 years$278,495$267,899$257,771$248,088$238,829$206,781
5 years$220,569$210,036$200,041$190,555$181,554$150,982
6 years$181,964$171,510$161,663$152,389$143,658$114,588
7 years$154,399$144,034$134,343$125,287$116,832$89,263
8 years$133,736$123,464$113,933$105,100$96,923$70,836
9 years$117,672$107,498$98,131$89,522$81,624$56,990
10 years$104,829$94,754$85,552$77,169$69,547$46,330
11 years$94,328$84,354$75,319$67,160$59,813$37,971
12 years$85,583$75,711$66,844$58,908$51,833$31,320
13 years$78,190$68,421$59,720$52,007$45,199$25,966
14 years$71,858$62,193$53,659$46,166$39,621$21,617
15 years$66,375$56,814$48,447$41,172$34,886$18,058
16 years$61,582$52,126$43,924$36,865$30,832$15,126
17 years$57,358$48,006$39,969$33,123$27,338$12,699
18 years$53,607$44,360$36,487$29,851$24,308$10,682
19 years$50,255$41,112$33,402$26,973$21,666$9,000
20 years$47,242$38,203$30,655$24,429$19,352$7,592
21 years$44,519$35,585$28,196$22,171$17,318$6,412
22 years$42,047$33,217$25,987$20,158$15,523$5,420
23 years$39,794$31,067$23,995$18,359$13,935$4,585
24 years$37,731$29,108$22,191$16,744$12,525$3,882
25 years$35,836$27,317$20,553$15,292$11,270$3,288
26 years$34,090$25,673$19,062$13,982$10,152$2,786
27 years$32,476$24,161$17,701$12,798$9,153$2,362
28 years$30,980$22,767$16,455$11,726$8,259$2,003
29 years$29,590$21,478$15,313$10,753$7,457$1,699
30 years$28,294$20,284$14,264$9,868$6,738$1,442
31 years$27,085$19,175$13,297$9,063$6,092$1,224
32 years$25,954$18,144$12,407$8,329$5,511$1,039
33 years$24,893$17,182$11,584$7,660$4,987$882
34 years$23,897$16,285$10,824$7,047$4,515$749
35 years$22,960$15,446$10,119$6,488$4,090$636
36 years$22,076$14,660$9,466$5,975$3,705$540
37 years$21,243$13,924$8,860$5,505$3,358$458
38 years$20,455$13,233$8,297$5,074$3,045$389
39 years$19,710$12,583$7,774$4,679$2,761$331
40 years$19,003$11,972$7,286$4,315$2,504$281
41 years$18,333$11,396$6,832$3,981$2,272$239
42 years$17,697$10,853$6,409$3,674$2,062$203
43 years$17,091$10,341$6,014$3,392$1,871$172
44 years$16,515$9,857$5,645$3,132$1,698$146
45 years$15,966$9,400$5,301$2,892$1,542$124
46 years$15,442$8,967$4,978$2,672$1,400$106
47 years$14,943$8,557$4,677$2,468$1,271$90
48 years$14,465$8,169$4,395$2,281$1,154$76
49 years$14,008$7,801$4,131$2,108$1,048$65
50 years$13,571$7,452$3,884$1,948$952$55

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 $5,427 every year, while hoping to spend $35,419 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: 74/18/8 Blend
39$13,900,000$13,900,000$13,900,000$13,900,000
40$15,323,398$14,586,698$14,371,248$16,437,913
41$16,848,699$15,263,761$14,814,999$17,850,062
42$18,528,394$15,972,812$15,272,429$19,391,626
43$20,378,193$16,715,383$15,743,958$21,079,405
44$22,415,408$17,493,076$16,230,021$22,927,855
45$24,659,117$18,307,574$16,731,063$24,952,888
46$27,130,340$19,160,638$17,247,547$27,172,016
47$29,852,241$20,054,117$17,779,947$29,604,518
48$32,850,347$20,989,945$18,328,752$32,271,616
49$36,152,784$21,970,155$18,894,467$35,196,673
50$39,790,549$22,996,873$19,477,613$38,405,409
51$43,797,796$24,072,331$20,078,724$41,926,143
52$48,212,164$25,198,868$20,698,354$45,790,056
53$53,075,128$26,378,935$21,337,072$50,031,481
54$58,432,391$27,615,104$21,995,464$54,688,221
55$64,334,319$28,910,068$22,674,136$59,801,907
56$70,836,411$30,266,653$23,373,711$65,418,384
57$77,999,826$31,687,820$24,094,832$71,588,137
58$85,891,960$33,176,674$24,838,160$78,366,768
59$94,587,080$34,736,471$25,604,378$85,815,511
60$104,167,028$36,370,624$26,394,190$94,001,810
61$114,721,990$38,082,710$27,208,321$102,999,945
62$126,351,352$39,876,481$28,047,518$112,891,733
63$139,164,631$41,755,870$28,912,552$123,767,291
64$153,282,516$43,725,001$29,804,215$135,725,883
65$168,838,003$45,788,196$30,723,326$148,876,846
66$185,977,650$47,949,989$31,670,729$163,340,625
67$204,862,964$50,215,132$32,647,292$179,249,891
68$225,671,922$52,588,608$33,653,911$196,750,798
69$248,600,650$55,075,642$34,691,510$216,004,346
70$273,865,280$57,681,712$35,761,039$237,187,900
71$301,703,984$60,412,562$36,863,479$260,496,848
72$332,379,226$63,274,212$37,999,841$286,146,448
73$366,180,237$66,272,980$39,171,166$314,373,839
74$403,425,749$69,415,484$40,378,528$345,440,280
75$444,467,000$72,708,667$41,623,034$379,633,601
76$489,691,052$76,159,809$42,905,822$417,270,913
77$539,524,441$79,776,541$44,228,069$458,701,586
78$594,437,211$83,566,868$45,590,986$504,310,542
79$654,947,343$87,539,182$46,995,821$554,521,874
80$721,625,651$91,702,281$48,443,860$609,802,836
81$795,101,167$96,065,393$49,936,430$670,668,245
82$876,067,082$100,638,193$51,474,896$737,685,323
83$965,287,287$105,430,826$53,060,667$811,479,040
84$1,063,603,585$110,453,931$54,695,194$892,738,000
85$1,171,943,640$115,718,664$56,379,973$982,220,925
86$1,291,329,735$121,236,722$58,116,546$1,080,763,801
87$1,422,888,419$127,020,372$59,906,501$1,189,287,756
88$1,567,861,144$133,082,477$61,751,475$1,308,807,733
89$1,727,615,988$139,436,526$63,653,157$1,440,442,059
90$1,903,660,566$146,096,663$65,613,285$1,585,422,979
91$2,097,656,265$153,077,720$67,633,651$1,745,108,271
92$2,311,433,928$160,395,252$69,716,102$1,920,994,039
93$2,547,011,139$168,065,570$71,862,542$2,114,728,823
94$2,806,611,271$176,105,779$74,074,933$2,328,129,129
95$3,092,684,474$184,533,815$76,355,296$2,563,196,561
96$3,407,930,807$193,368,489$78,705,716$2,822,136,688
97$3,755,325,731$202,629,526$81,128,338$3,107,379,840
98$4,138,148,195$212,337,613$83,625,378$3,421,604,026
99$4,560,011,597$222,514,442$86,199,113$3,767,760,183
100$5,024,897,892$233,182,762$88,851,896$4,149,100,007