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%15.4%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,083,812
2 years$568,242$557,659$547,403$537,458$527,812$503,162
3 years$375,065$364,436$354,206$344,355$334,866$310,930
4 years$278,495$267,899$257,771$248,088$238,829$215,791
5 years$220,569$210,036$200,041$190,555$181,554$159,478
6 years$181,964$171,510$161,663$152,389$143,658$122,568
7 years$154,399$144,034$134,343$125,287$116,832$96,732
8 years$133,736$123,464$113,933$105,100$96,923$77,805
9 years$117,672$107,498$98,131$89,522$81,624$63,474
10 years$104,829$94,754$85,552$77,169$69,547$52,347
11 years$94,328$84,354$75,319$67,160$59,813$43,539
12 years$85,583$75,711$66,844$58,908$51,833$36,459
13 years$78,190$68,421$59,720$52,007$45,199$30,699
14 years$71,858$62,193$53,659$46,166$39,621$25,965
15 years$66,375$56,814$48,447$41,172$34,886$22,042
16 years$61,582$52,126$43,924$36,865$30,832$18,770
17 years$57,358$48,006$39,969$33,123$27,338$16,025
18 years$53,607$44,360$36,487$29,851$24,308$13,711
19 years$50,255$41,112$33,402$26,973$21,666$11,752
20 years$47,242$38,203$30,655$24,429$19,352$10,089
21 years$44,519$35,585$28,196$22,171$17,318$8,673
22 years$42,047$33,217$25,987$20,158$15,523$7,464
23 years$39,794$31,067$23,995$18,359$13,935$6,429
24 years$37,731$29,108$22,191$16,744$12,525$5,543
25 years$35,836$27,317$20,553$15,292$11,270$4,782
26 years$34,090$25,673$19,062$13,982$10,152$4,128
27 years$32,476$24,161$17,701$12,798$9,153$3,565
28 years$30,980$22,767$16,455$11,726$8,259$3,081
29 years$29,590$21,478$15,313$10,753$7,457$2,663
30 years$28,294$20,284$14,264$9,868$6,738$2,303
31 years$27,085$19,175$13,297$9,063$6,092$1,992
32 years$25,954$18,144$12,407$8,329$5,511$1,723
33 years$24,893$17,182$11,584$7,660$4,987$1,491
34 years$23,897$16,285$10,824$7,047$4,515$1,291
35 years$22,960$15,446$10,119$6,488$4,090$1,117
36 years$22,076$14,660$9,466$5,975$3,705$967
37 years$21,243$13,924$8,860$5,505$3,358$838
38 years$20,455$13,233$8,297$5,074$3,045$725
39 years$19,710$12,583$7,774$4,679$2,761$628
40 years$19,003$11,972$7,286$4,315$2,504$544
41 years$18,333$11,396$6,832$3,981$2,272$471
42 years$17,697$10,853$6,409$3,674$2,062$408
43 years$17,091$10,341$6,014$3,392$1,871$354
44 years$16,515$9,857$5,645$3,132$1,698$306
45 years$15,966$9,400$5,301$2,892$1,542$265
46 years$15,442$8,967$4,978$2,672$1,400$230
47 years$14,943$8,557$4,677$2,468$1,271$199
48 years$14,465$8,169$4,395$2,281$1,154$173
49 years$14,008$7,801$4,131$2,108$1,048$150
50 years$13,571$7,452$3,884$1,948$952$130

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 $3,822 every year, while hoping to spend $34,135 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: 62/15/23 Blend
39$13,900,000$13,900,000$13,900,000$13,900,000
40$15,321,742$14,585,042$14,369,592$16,178,799
41$16,848,241$15,263,390$14,814,654$17,437,447
42$18,529,298$15,973,833$15,273,482$18,806,956
43$20,380,643$16,717,907$15,746,500$20,301,480
44$22,419,607$17,497,224$16,234,147$21,933,220
45$24,665,291$18,313,471$16,736,874$23,715,596
46$27,138,739$19,168,420$17,255,148$25,663,379
47$29,863,143$20,063,925$17,789,448$27,792,818
48$32,864,058$21,001,931$18,340,269$30,121,800
49$36,169,645$21,984,479$18,908,121$32,670,005
50$39,810,935$23,013,705$19,493,530$35,459,099
51$43,822,125$24,091,851$20,097,037$38,512,925
52$48,240,896$25,221,266$20,719,202$41,857,734
53$53,108,772$26,404,413$21,360,600$45,522,419
54$58,471,512$27,643,874$22,021,826$49,538,793
55$64,379,539$28,942,357$22,703,490$53,941,879
56$70,888,419$30,302,700$23,406,224$58,770,238
57$78,059,383$31,727,877$24,130,677$64,066,328
58$85,959,906$33,221,009$24,877,521$69,876,901
59$94,664,344$34,785,366$25,647,445$76,253,440
60$104,254,636$36,424,377$26,441,163$83,252,636
61$114,821,074$38,141,638$27,259,408$90,936,923
62$126,463,163$39,940,916$28,102,937$99,375,057
63$139,290,549$41,826,166$28,972,529$108,642,763
64$153,424,066$43,801,529$29,868,990$118,823,441
65$168,996,867$45,871,350$30,793,147$130,008,947
66$186,155,685$48,040,183$31,745,855$142,300,456
67$205,062,219$50,312,806$32,727,995$155,809,408
68$225,894,656$52,694,225$33,740,474$170,658,550
69$248,849,359$55,189,690$34,784,228$186,983,095
70$274,142,716$57,804,706$35,860,221$204,931,984
71$302,013,182$60,545,046$36,969,448$224,669,282
72$332,723,535$63,416,762$38,112,933$246,375,728
73$366,563,352$66,426,200$39,291,733$270,250,420
74$403,851,744$69,580,013$40,506,936$296,512,695
75$444,940,368$72,885,180$41,759,664$325,404,183
76$490,216,747$76,349,016$43,051,075$357,191,084
77$540,107,930$79,979,192$44,382,361$392,166,662
78$595,084,520$83,783,753$45,754,750$430,654,012
79$655,665,117$87,771,133$47,169,511$473,009,092
80$722,421,217$91,950,178$48,627,948$519,624,071
81$795,982,605$96,330,160$50,131,408$570,931,024
82$877,043,299$100,920,806$51,681,278$627,405,992
83$966,368,103$105,732,313$53,278,989$689,573,466
84$1,064,799,829$110,775,375$54,926,014$758,011,319
85$1,173,267,249$116,061,207$56,623,873$833,356,255
86$1,292,793,868$121,601,565$58,374,132$916,309,793
87$1,424,507,583$127,408,782$60,178,406$1,007,644,884
88$1,569,651,332$133,495,788$62,038,358$1,108,213,182
89$1,729,594,829$139,876,143$63,955,704$1,218,953,073
90$1,905,847,493$146,564,065$65,932,211$1,340,898,511
91$2,100,072,699$153,574,466$67,969,703$1,475,188,759
92$2,314,103,483$160,922,983$70,070,056$1,623,079,127
93$2,549,959,842$168,626,014$72,235,207$1,785,952,801
94$2,809,867,811$176,700,753$74,467,151$1,965,333,875
95$3,096,280,473$185,165,235$76,767,946$2,162,901,722
96$3,411,901,120$194,038,370$79,139,711$2,380,506,819
97$3,759,708,774$203,339,990$81,584,631$2,620,188,194
98$4,142,986,311$213,090,892$84,104,958$2,884,192,646
99$4,565,351,456$223,312,887$86,703,015$3,174,995,934
100$5,030,790,932$234,028,846$89,381,194$3,495,326,116