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

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 $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%15.1%
1 years$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,092,946
2 years$572,330$561,671$551,341$541,325$531,609$508,111
3 years$377,763$367,058$356,754$346,832$337,275$314,444
4 years$280,499$269,827$259,625$249,873$240,547$218,561
5 years$222,156$211,547$201,480$191,926$182,860$161,780
6 years$183,273$172,744$162,826$153,485$144,691$124,540
7 years$155,510$145,070$135,309$126,189$117,673$98,455
8 years$134,698$124,352$114,753$105,856$97,621$79,330
9 years$118,519$108,271$98,837$90,166$82,211$64,834
10 years$105,583$95,436$86,168$77,724$70,048$53,568
11 years$95,006$84,961$75,861$67,643$60,243$44,639
12 years$86,199$76,256$67,325$59,332$52,206$37,454
13 years$78,752$68,913$60,150$52,381$45,524$31,599
14 years$72,375$62,640$54,045$46,498$39,906$26,781
15 years$66,852$57,223$48,795$41,468$35,137$22,783
16 years$62,025$52,501$44,240$37,130$31,054$19,442
17 years$57,770$48,351$40,257$33,361$27,535$16,634
18 years$53,993$44,679$36,749$30,065$24,482$14,263
19 years$50,616$41,408$33,642$27,167$21,822$12,253
20 years$47,582$38,478$30,875$24,605$19,492$10,543
21 years$44,839$35,841$28,399$22,330$17,443$9,084
22 years$42,350$33,456$26,174$20,303$15,635$7,835
23 years$40,080$31,291$24,167$18,491$14,035$6,765
24 years$38,003$29,318$22,351$16,865$12,615$5,846
25 years$36,094$27,513$20,701$15,402$11,351$5,056
26 years$34,335$25,858$19,199$14,082$10,225$4,375
27 years$32,710$24,335$17,828$12,890$9,219$3,788
28 years$31,203$22,931$16,574$11,810$8,318$3,281
29 years$29,803$21,633$15,423$10,830$7,511$2,843
30 years$28,498$20,430$14,366$9,939$6,787$2,465
31 years$27,280$19,313$13,393$9,128$6,136$2,137
32 years$26,140$18,274$12,496$8,389$5,550$1,854
33 years$25,072$17,306$11,668$7,715$5,023$1,608
34 years$24,069$16,402$10,902$7,098$4,548$1,395
35 years$23,125$15,557$10,192$6,534$4,119$1,211
36 years$22,235$14,766$9,535$6,018$3,732$1,051
37 years$21,396$14,024$8,924$5,545$3,383$912
38 years$20,602$13,328$8,357$5,111$3,067$792
39 years$19,852$12,674$7,830$4,712$2,781$688
40 years$19,140$12,058$7,339$4,346$2,522$597
41 years$18,465$11,478$6,881$4,010$2,288$519
42 years$17,824$10,931$6,455$3,701$2,076$450
43 years$17,214$10,415$6,057$3,416$1,885$391
44 years$16,634$9,928$5,686$3,154$1,711$340
45 years$16,081$9,467$5,339$2,913$1,553$295
46 years$15,554$9,031$5,014$2,691$1,410$256
47 years$15,050$8,619$4,711$2,486$1,280$223
48 years$14,569$8,228$4,427$2,297$1,163$193
49 years$14,109$7,857$4,161$2,123$1,056$168
50 years$13,669$7,505$3,912$1,962$959$146

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 $5,931 every year, while hoping to spend $38,460 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: 72/22/6 Blend
39$14,000,000$14,000,000$14,000,000$14,000,000
40$15,434,118$14,692,118$14,475,118$16,533,768
41$16,967,477$15,371,110$14,919,113$17,938,682
42$18,655,949$16,082,085$15,376,693$19,470,948
43$20,515,316$16,826,567$15,848,273$21,147,413
44$22,562,967$17,606,158$16,334,279$22,982,271
45$24,818,064$18,422,533$16,835,151$24,991,139
46$27,301,721$19,277,452$17,351,343$27,191,205
47$30,037,206$20,172,757$17,883,323$29,601,385
48$33,050,158$21,110,379$18,431,571$32,242,497
49$36,368,829$22,092,343$18,996,584$35,137,455
50$40,024,353$23,120,771$19,578,873$38,311,485
51$44,051,037$24,197,888$20,178,964$41,792,352
52$48,486,684$25,326,026$20,797,401$45,610,625
53$53,372,954$26,507,629$21,434,742$49,799,955
54$58,755,754$27,745,262$22,091,564$54,397,395
55$64,685,670$29,041,608$22,768,461$59,443,740
56$71,218,447$30,399,487$23,466,044$64,983,906
57$78,415,515$31,821,848$24,184,943$71,067,357
58$86,344,567$33,311,788$24,925,808$77,748,556
59$95,080,199$34,872,551$25,689,308$85,087,481
60$104,704,612$36,507,539$26,476,132$93,150,183
61$115,308,392$38,220,318$27,286,992$102,009,403
62$126,991,360$40,014,625$28,122,619$111,745,251
63$139,863,518$41,894,382$28,983,766$122,445,960
64$154,046,087$43,863,696$29,871,212$134,208,706
65$169,672,647$45,926,877$30,785,757$147,140,522
66$186,890,403$48,088,439$31,728,225$161,359,300
67$205,861,571$50,353,120$32,699,468$176,994,895
68$226,764,910$52,725,882$33,700,360$194,190,341
69$249,797,413$55,211,932$34,731,803$213,103,197
70$275,176,159$57,816,727$35,794,729$233,907,021
71$303,140,368$60,545,987$36,890,093$256,792,999
72$333,953,659$63,405,714$38,018,884$281,971,742
73$367,906,533$66,402,195$39,182,118$309,675,261
74$405,319,124$69,542,027$40,380,843$340,159,150
75$446,544,211$72,832,123$41,616,138$373,704,982
76$491,970,558$76,279,734$42,889,116$410,622,958
77$542,026,575$79,892,461$44,200,921$451,254,824
78$597,184,368$83,678,274$45,552,735$495,977,079
79$657,964,196$87,645,532$46,945,774$545,204,522
80$724,939,378$91,802,997$48,381,291$599,394,147
81$798,741,707$96,159,857$49,860,577$659,049,447
82$880,067,418$100,725,746$51,384,963$724,725,146
83$969,683,753$105,510,766$52,955,818$797,032,423
84$1,068,436,212$110,525,510$54,574,554$876,644,664
85$1,177,256,531$115,781,085$56,242,627$964,303,798
86$1,297,171,477$121,289,138$57,961,535$1,060,827,286
87$1,429,312,543$127,061,881$59,732,822$1,167,115,813
88$1,574,926,630$133,112,121$61,558,078$1,284,161,775
89$1,735,387,816$139,453,284$63,438,943$1,413,058,622
90$1,912,210,330$146,099,453$65,377,106$1,555,011,159
91$2,107,062,850$153,065,391$67,374,304$1,711,346,896
92$2,321,784,249$160,366,584$69,432,332$1,883,528,554
93$2,558,400,962$168,019,266$71,553,034$2,073,167,850
94$2,819,146,113$176,040,463$73,738,314$2,282,040,682
95$3,106,480,599$184,448,029$75,990,131$2,512,103,865
96$3,423,116,323$193,260,685$78,310,503$2,765,513,578
97$3,772,041,794$202,498,065$80,701,511$3,044,645,685
98$4,156,550,343$212,180,756$83,165,297$3,352,118,130
99$4,580,271,213$222,330,347$85,704,069$3,690,815,620
100$5,047,203,822$232,969,480$88,320,102$4,063,916,820