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%18.3%
1 years$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,078,917
2 years$572,330$561,671$551,341$541,325$531,609$494,236
3 years$377,763$367,058$356,754$346,832$337,275$301,164
4 years$280,499$269,827$259,625$249,873$240,547$205,975
5 years$222,156$211,547$201,480$191,926$182,860$149,919
6 years$183,273$172,744$162,826$153,485$144,691$113,407
7 years$155,510$145,070$135,309$126,189$117,673$88,042
8 years$134,698$124,352$114,753$105,856$97,621$69,620
9 years$118,519$108,271$98,837$90,166$82,211$55,806
10 years$105,583$95,436$86,168$77,724$70,048$45,197
11 years$95,006$84,961$75,861$67,643$60,243$36,899
12 years$86,199$76,256$67,325$59,332$52,206$30,315
13 years$78,752$68,913$60,150$52,381$45,524$25,031
14 years$72,375$62,640$54,045$46,498$39,906$20,752
15 years$66,852$57,223$48,795$41,468$35,137$17,261
16 years$62,025$52,501$44,240$37,130$31,054$14,396
17 years$57,770$48,351$40,257$33,361$27,535$12,034
18 years$53,993$44,679$36,749$30,065$24,482$10,077
19 years$50,616$41,408$33,642$27,167$21,822$8,451
20 years$47,582$38,478$30,875$24,605$19,492$7,097
21 years$44,839$35,841$28,399$22,330$17,443$5,966
22 years$42,350$33,456$26,174$20,303$15,635$5,020
23 years$40,080$31,291$24,167$18,491$14,035$4,227
24 years$38,003$29,318$22,351$16,865$12,615$3,561
25 years$36,094$27,513$20,701$15,402$11,351$3,002
26 years$34,335$25,858$19,199$14,082$10,225$2,531
27 years$32,710$24,335$17,828$12,890$9,219$2,136
28 years$31,203$22,931$16,574$11,810$8,318$1,802
29 years$29,803$21,633$15,423$10,830$7,511$1,521
30 years$28,498$20,430$14,366$9,939$6,787$1,284
31 years$27,280$19,313$13,393$9,128$6,136$1,085
32 years$26,140$18,274$12,496$8,389$5,550$916
33 years$25,072$17,306$11,668$7,715$5,023$774
34 years$24,069$16,402$10,902$7,098$4,548$654
35 years$23,125$15,557$10,192$6,534$4,119$552
36 years$22,235$14,766$9,535$6,018$3,732$467
37 years$21,396$14,024$8,924$5,545$3,383$394
38 years$20,602$13,328$8,357$5,111$3,067$333
39 years$19,852$12,674$7,830$4,712$2,781$282
40 years$19,140$12,058$7,339$4,346$2,522$238
41 years$18,465$11,478$6,881$4,010$2,288$201
42 years$17,824$10,931$6,455$3,701$2,076$170
43 years$17,214$10,415$6,057$3,416$1,885$144
44 years$16,634$9,928$5,686$3,154$1,711$121
45 years$16,081$9,467$5,339$2,913$1,553$103
46 years$15,554$9,031$5,014$2,691$1,410$87
47 years$15,050$8,619$4,711$2,486$1,280$73
48 years$14,569$8,228$4,427$2,297$1,163$62
49 years$14,109$7,857$4,161$2,123$1,056$52
50 years$13,669$7,505$3,912$1,962$959$44

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 $2,933 every year, while hoping to spend $53,687 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: 39/40/21 Blend
39$14,000,000$14,000,000$14,000,000$14,000,000
40$15,431,025$14,689,025$14,472,025$15,936,196
41$16,947,867$15,351,665$14,899,716$16,962,967
42$18,617,628$16,044,975$15,339,934$18,067,171
43$20,455,848$16,770,401$15,793,044$19,260,054
44$22,479,652$17,529,458$16,259,419$20,549,692
45$24,707,909$18,323,734$16,739,442$21,944,944
46$27,161,412$19,154,893$17,233,509$23,455,529
47$29,863,070$20,024,677$17,742,026$25,092,115
48$32,838,131$20,934,913$18,265,411$26,866,409
49$36,114,412$21,887,515$18,804,094$28,791,262
50$39,722,567$22,884,489$19,358,516$30,880,787
51$43,696,376$23,927,936$19,929,133$33,150,483
52$48,073,059$25,020,058$20,516,412$35,617,371
53$52,893,633$26,163,163$21,120,834$38,300,153
54$58,203,295$27,359,669$21,742,894$41,219,376
55$64,051,850$28,612,112$22,383,099$44,397,619
56$70,494,180$29,923,146$23,041,974$47,859,696
57$77,590,762$31,295,556$23,720,056$51,632,886
58$85,408,240$32,732,258$24,417,898$55,747,175
59$94,020,052$34,236,311$25,136,069$60,235,531
60$103,507,124$35,810,917$25,875,155$65,134,206
61$113,958,634$37,459,435$26,635,756$70,483,066
62$125,472,852$39,185,385$27,418,491$76,325,959
63$138,158,070$40,992,456$28,223,997$82,711,111
64$152,133,619$42,884,512$29,052,928$89,691,573
65$167,531,003$44,865,608$29,905,955$97,325,709
66$184,495,132$46,939,989$30,783,771$105,677,731
67$203,185,695$49,112,108$31,687,087$114,818,293
68$223,778,665$51,386,631$32,616,634$124,825,141
69$246,467,962$53,768,449$33,573,164$135,783,834
70$271,467,278$56,262,687$34,557,449$147,788,532
71$299,012,102$58,874,720$35,570,285$160,942,870
72$329,361,935$61,610,180$36,612,489$175,360,918
73$362,802,745$64,474,972$37,684,900$191,168,239
74$399,649,663$67,475,284$38,788,382$208,503,055
75$440,249,960$70,617,604$39,923,824$227,517,532
76$484,986,322$73,908,732$41,092,138$248,379,191
77$534,280,465$77,355,799$42,294,263$271,272,474
78$588,597,116$80,966,276$43,531,164$296,400,456
79$648,448,396$84,747,997$44,803,832$323,986,739
80$714,398,659$88,709,176$46,113,287$354,277,540
81$787,069,818$92,858,421$47,460,578$387,543,984
82$867,147,213$97,204,758$48,846,782$424,084,638
83$955,386,086$101,757,648$50,273,005$464,228,300
84$1,052,618,704$106,527,010$51,740,388$508,337,072
85$1,159,762,221$111,523,243$53,250,101$556,809,745
86$1,277,827,334$116,757,248$54,803,345$610,085,534
87$1,407,927,823$122,240,454$56,401,358$668,648,183
88$1,551,291,068$127,984,844$58,045,411$733,030,499
89$1,709,269,635$134,002,979$59,736,810$803,819,343
90$1,883,354,042$140,308,029$61,476,897$881,661,128
91$2,075,186,833$146,913,802$63,267,053$967,267,880
92$2,286,578,087$153,834,774$65,108,695$1,061,423,917
93$2,519,522,497$161,086,123$67,003,282$1,164,993,205
94$2,776,218,210$168,683,762$68,952,311$1,278,927,465
95$3,059,087,575$176,644,374$70,957,321$1,404,275,109
96$3,370,800,012$184,985,452$73,019,895$1,542,191,085
97$3,714,297,210$193,725,337$75,141,659$1,693,947,721
98$4,092,820,904$202,883,257$77,324,283$1,860,946,682
99$4,509,943,474$212,479,374$79,569,484$2,044,732,139
100$4,969,601,674$222,534,829$81,879,027$2,247,005,282