Can I retire at age 40 with 14,000,000?

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 $14,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,096,532
2 years$572,330$561,671$551,341$541,325$531,609$511,681
3 years$377,763$367,058$356,754$346,832$337,275$317,886
4 years$280,499$269,827$259,625$249,873$240,547$221,848
5 years$222,156$211,547$201,480$191,926$182,860$164,904
6 years$183,273$172,744$162,826$153,485$144,691$127,498
7 years$155,510$145,070$135,309$126,189$117,673$101,247
8 years$134,698$124,352$114,753$105,856$97,621$81,959
9 years$118,519$108,271$98,837$90,166$82,211$67,304
10 years$105,583$95,436$86,168$77,724$70,048$55,883
11 years$95,006$84,961$75,861$67,643$60,243$46,804
12 years$86,199$76,256$67,325$59,332$52,206$39,475
13 years$78,752$68,913$60,150$52,381$45,524$33,481
14 years$72,375$62,640$54,045$46,498$39,906$28,530
15 years$66,852$57,223$48,795$41,468$35,137$24,405
16 years$62,025$52,501$44,240$37,130$31,054$20,944
17 years$57,770$48,351$40,257$33,361$27,535$18,023
18 years$53,993$44,679$36,749$30,065$24,482$15,544
19 years$50,616$41,408$33,642$27,167$21,822$13,433
20 years$47,582$38,478$30,875$24,605$19,492$11,628
21 years$44,839$35,841$28,399$22,330$17,443$10,080
22 years$42,350$33,456$26,174$20,303$15,635$8,748
23 years$40,080$31,291$24,167$18,491$14,035$7,601
24 years$38,003$29,318$22,351$16,865$12,615$6,610
25 years$36,094$27,513$20,701$15,402$11,351$5,752
26 years$34,335$25,858$19,199$14,082$10,225$5,010
27 years$32,710$24,335$17,828$12,890$9,219$4,366
28 years$31,203$22,931$16,574$11,810$8,318$3,806
29 years$29,803$21,633$15,423$10,830$7,511$3,320
30 years$28,498$20,430$14,366$9,939$6,787$2,897
31 years$27,280$19,313$13,393$9,128$6,136$2,529
32 years$26,140$18,274$12,496$8,389$5,550$2,208
33 years$25,072$17,306$11,668$7,715$5,023$1,928
34 years$24,069$16,402$10,902$7,098$4,548$1,684
35 years$23,125$15,557$10,192$6,534$4,119$1,472
36 years$22,235$14,766$9,535$6,018$3,732$1,286
37 years$21,396$14,024$8,924$5,545$3,383$1,124
38 years$20,602$13,328$8,357$5,111$3,067$982
39 years$19,852$12,674$7,830$4,712$2,781$859
40 years$19,140$12,058$7,339$4,346$2,522$751
41 years$18,465$11,478$6,881$4,010$2,288$657
42 years$17,824$10,931$6,455$3,701$2,076$574
43 years$17,214$10,415$6,057$3,416$1,885$502
44 years$16,634$9,928$5,686$3,154$1,711$439
45 years$16,081$9,467$5,339$2,913$1,553$384
46 years$15,554$9,031$5,014$2,691$1,410$336
47 years$15,050$8,619$4,711$2,486$1,280$294
48 years$14,569$8,228$4,427$2,297$1,163$257
49 years$14,109$7,857$4,161$2,123$1,056$225
50 years$13,669$7,505$3,912$1,962$959$197

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $14,000,000, adding $3,893 every year, while hoping to spend $53,759 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: 51/32/17 Blend
39$14,000,000$14,000,000$14,000,000$14,000,000
40$15,432,016$14,690,016$14,473,016$16,146,788
41$16,948,882$15,352,627$14,900,662$17,301,351
42$18,618,667$16,045,905$15,340,834$18,549,991
43$20,456,912$16,771,295$15,793,892$19,906,356
44$22,480,740$17,530,312$16,260,211$21,380,646
45$24,709,022$18,324,543$16,740,174$22,984,064
46$27,162,548$19,155,652$17,234,176$24,728,925
47$29,864,230$20,025,381$17,742,623$26,628,762
48$32,839,314$20,935,557$18,265,933$28,698,448
49$36,115,617$21,888,092$18,804,535$30,954,337
50$39,723,794$22,884,993$19,358,871$33,414,408
51$43,697,623$23,928,360$19,929,396$36,098,430
52$48,074,326$25,020,395$20,516,576$39,028,144
53$52,894,919$26,163,405$21,120,892$42,227,460
54$58,204,597$27,359,809$21,742,839$45,722,679
55$64,053,167$28,612,140$22,382,925$49,542,733
56$70,495,508$29,923,054$23,041,671$53,719,448
57$77,592,100$31,295,334$23,719,617$58,287,843
58$85,409,585$32,731,895$24,417,315$63,286,450
59$94,021,400$34,235,796$25,135,333$68,757,668
60$103,508,472$35,810,239$25,874,255$74,748,158
61$113,959,977$37,458,582$26,634,684$81,309,270
62$125,474,186$39,184,343$27,417,237$88,497,525
63$138,159,387$40,991,210$28,222,549$96,375,135
64$152,134,915$42,883,050$29,051,274$105,010,578
65$167,532,269$44,863,912$29,904,085$114,479,240
66$184,496,361$46,938,045$30,781,672$124,864,109
67$203,186,878$49,109,897$31,684,746$136,256,554
68$223,779,792$51,384,134$32,614,038$148,757,167
69$246,469,021$53,765,647$33,570,298$162,476,709
70$271,468,257$56,259,559$34,554,299$177,537,136
71$299,012,986$58,871,245$35,566,835$194,072,738
72$329,362,710$61,606,334$36,608,723$212,231,394
73$362,803,392$64,470,731$37,680,801$232,175,952
74$399,650,163$67,470,622$38,783,933$254,085,749
75$440,250,291$70,612,494$39,919,006$278,158,291
76$484,986,460$73,903,145$41,086,932$304,611,097
77$534,280,383$77,349,704$42,288,649$333,683,735
78$588,596,784$80,959,640$43,525,120$365,640,068
79$648,447,781$84,740,788$44,797,337$400,770,720
80$714,397,725$88,701,357$46,106,317$439,395,802
81$787,068,523$92,849,954$47,453,110$481,867,913
82$867,145,514$97,195,603$48,838,790$528,575,445
83$955,383,931$101,747,762$50,264,464$579,946,225
84$1,052,616,039$106,516,349$51,731,270$636,451,530
85$1,159,758,984$111,511,760$53,240,377$698,610,512
86$1,277,823,457$116,744,893$54,792,987$766,995,069
87$1,407,923,232$122,227,175$56,390,334$842,235,216
88$1,551,285,680$127,970,584$58,033,689$925,025,007
89$1,709,263,357$133,987,681$59,724,355$1,016,129,050
90$1,883,346,774$140,291,631$61,463,675$1,116,389,698
91$2,075,178,463$146,896,240$63,253,027$1,226,734,963
92$2,286,568,490$153,815,979$65,093,826$1,348,187,247
93$2,519,511,536$161,066,023$66,987,531$1,481,872,950
94$2,776,205,736$168,662,280$68,935,635$1,629,033,071
95$3,059,073,420$176,621,431$70,939,678$1,791,034,880
96$3,370,783,990$184,960,963$73,001,239$1,969,384,781
97$3,714,279,120$193,699,213$75,121,943$2,165,742,494
98$4,092,800,520$202,855,404$77,303,458$2,381,936,673
99$4,509,920,548$212,449,693$79,547,498$2,619,982,124
100$4,969,575,931$222,503,216$81,855,828$2,882,098,770