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%17.3%
1 years$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,083,248
2 years$572,330$561,671$551,341$541,325$531,609$498,503
3 years$377,763$367,058$356,754$346,832$337,275$305,232
4 years$280,499$269,827$259,625$249,873$240,547$209,814
5 years$222,156$211,547$201,480$191,926$182,860$153,520
6 years$183,273$172,744$162,826$153,485$144,691$116,770
7 years$155,510$145,070$135,309$126,189$117,673$91,170
8 years$134,698$124,352$114,753$105,856$97,621$72,520
9 years$118,519$108,271$98,837$90,166$82,211$58,487
10 years$105,583$95,436$86,168$77,724$70,048$47,667
11 years$95,006$84,961$75,861$67,643$60,243$39,167
12 years$86,199$76,256$67,325$59,332$52,206$32,392
13 years$78,752$68,913$60,150$52,381$45,524$26,928
14 years$72,375$62,640$54,045$46,498$39,906$22,480
15 years$66,852$57,223$48,795$41,468$35,137$18,832
16 years$62,025$52,501$44,240$37,130$31,054$15,820
17 years$57,770$48,351$40,257$33,361$27,535$13,321
18 years$53,993$44,679$36,749$30,065$24,482$11,238
19 years$50,616$41,408$33,642$27,167$21,822$9,497
20 years$47,582$38,478$30,875$24,605$19,492$8,036
21 years$44,839$35,841$28,399$22,330$17,443$6,808
22 years$42,350$33,456$26,174$20,303$15,635$5,773
23 years$40,080$31,291$24,167$18,491$14,035$4,899
24 years$38,003$29,318$22,351$16,865$12,615$4,161
25 years$36,094$27,513$20,701$15,402$11,351$3,535
26 years$34,335$25,858$19,199$14,082$10,225$3,006
27 years$32,710$24,335$17,828$12,890$9,219$2,556
28 years$31,203$22,931$16,574$11,810$8,318$2,175
29 years$29,803$21,633$15,423$10,830$7,511$1,851
30 years$28,498$20,430$14,366$9,939$6,787$1,576
31 years$27,280$19,313$13,393$9,128$6,136$1,342
32 years$26,140$18,274$12,496$8,389$5,550$1,143
33 years$25,072$17,306$11,668$7,715$5,023$973
34 years$24,069$16,402$10,902$7,098$4,548$829
35 years$23,125$15,557$10,192$6,534$4,119$706
36 years$22,235$14,766$9,535$6,018$3,732$602
37 years$21,396$14,024$8,924$5,545$3,383$513
38 years$20,602$13,328$8,357$5,111$3,067$437
39 years$19,852$12,674$7,830$4,712$2,781$372
40 years$19,140$12,058$7,339$4,346$2,522$317
41 years$18,465$11,478$6,881$4,010$2,288$271
42 years$17,824$10,931$6,455$3,701$2,076$231
43 years$17,214$10,415$6,057$3,416$1,885$197
44 years$16,634$9,928$5,686$3,154$1,711$168
45 years$16,081$9,467$5,339$2,913$1,553$143
46 years$15,554$9,031$5,014$2,691$1,410$122
47 years$15,050$8,619$4,711$2,486$1,280$104
48 years$14,569$8,228$4,427$2,297$1,163$88
49 years$14,109$7,857$4,161$2,123$1,056$75
50 years$13,669$7,505$3,912$1,962$959$64

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 $4,867 every year, while hoping to spend $47,461 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: 45/49/6 Blend
39$14,000,000$14,000,000$14,000,000$14,000,000
40$15,433,020$14,691,020$14,474,020$16,101,739
41$16,956,690$15,360,382$14,908,402$17,232,315
42$18,634,184$16,060,952$15,355,744$18,452,138
43$20,481,141$16,794,209$15,816,432$19,773,630
44$22,514,795$17,561,703$16,290,861$21,206,160
45$24,754,136$18,365,059$16,779,437$22,760,004
46$27,220,090$19,205,978$17,282,579$24,446,441
47$29,935,713$20,086,245$17,800,719$26,277,848
48$32,926,413$21,007,728$18,334,301$28,267,813
49$36,220,189$21,972,389$18,883,782$30,431,257
50$39,847,891$22,982,278$19,449,631$32,784,563
51$43,843,515$24,039,550$20,032,334$35,345,726
52$48,244,525$25,146,459$20,632,388$38,134,514
53$53,092,200$26,305,368$21,250,306$41,172,645
54$58,432,029$27,518,757$21,886,617$44,483,984
55$64,314,141$28,789,221$22,541,863$48,094,758
56$70,793,773$30,119,482$23,216,605$52,033,792
57$77,931,794$31,512,393$23,911,417$56,332,774
58$85,795,281$32,970,944$24,626,894$61,026,542
59$94,458,148$34,498,269$25,363,643$66,153,397
60$104,001,848$36,097,653$26,122,294$71,755,461
61$114,516,138$37,772,539$26,903,492$77,879,054
62$126,099,927$39,526,537$27,707,902$84,575,122
63$138,862,212$41,363,429$28,536,209$91,899,703
64$152,923,103$43,287,183$29,389,118$99,914,442
65$168,414,958$45,301,954$30,267,352$108,687,159
66$185,483,635$47,412,100$31,171,659$118,292,469
67$204,289,862$49,622,190$32,102,807$128,812,474
68$225,010,762$51,937,011$33,061,585$140,337,519
69$247,841,519$54,361,583$34,048,807$152,967,028
70$272,997,222$56,901,169$35,065,310$166,810,420
71$300,714,897$59,561,285$36,111,956$181,988,124
72$331,255,741$62,347,712$37,189,631$198,632,697
73$364,907,591$65,266,515$38,299,248$216,890,050
74$401,987,638$68,324,047$39,441,746$236,920,802
75$442,845,423$71,526,971$40,618,090$258,901,777
76$487,866,137$74,882,273$41,829,277$283,027,641
77$537,474,253$78,397,275$43,076,328$309,512,721
78$592,137,539$82,079,654$44,360,297$338,592,992
79$652,371,469$85,937,457$45,682,268$370,528,283
80$718,744,090$89,979,125$47,043,356$405,604,697
81$791,881,387$94,213,502$48,444,708$444,137,276
82$872,473,189$98,649,863$49,887,506$486,472,948
83$961,279,681$103,297,933$51,372,964$532,993,763
84$1,059,138,583$108,167,907$52,902,333$584,120,465
85$1,166,973,058$113,270,473$54,476,900$640,316,423
86$1,285,800,422$118,616,839$56,097,988$702,091,970
87$1,416,741,755$124,218,754$57,766,961$770,009,173
88$1,561,032,479$130,088,538$59,485,219$844,687,096
89$1,720,034,024$136,239,108$61,254,206$926,807,603
90$1,895,246,677$142,684,007$63,075,405$1,017,121,740
91$2,088,323,750$149,437,436$64,950,343$1,116,456,778
92$2,301,087,185$156,514,283$66,880,592$1,225,723,970
93$2,535,544,755$163,930,159$68,867,769$1,345,927,094
94$2,793,909,017$171,701,434$70,913,536$1,478,171,877
95$3,078,618,202$179,845,270$73,019,605$1,623,676,364
96$3,392,359,234$188,379,663$75,187,737$1,783,782,362
97$3,738,093,094$197,323,485$77,419,744$1,959,968,033
98$4,119,082,774$206,696,519$79,717,490$2,153,861,782
99$4,538,924,082$216,519,515$82,082,891$2,367,257,554
100$5,001,579,593$226,814,225$84,517,922$2,602,131,693