Can I retire at age 40 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,103,006
2 years$576,418$565,683$555,279$545,191$535,407$513,982
3 years$380,462$369,680$359,302$349,309$339,684$318,851
4 years$282,503$271,754$261,480$251,658$242,265$222,184
5 years$223,742$213,058$202,919$193,297$184,166$164,894
6 years$184,582$173,978$163,989$154,581$145,725$127,283
7 years$156,621$146,107$136,275$127,090$118,513$100,906
8 years$135,660$125,240$115,572$106,613$98,318$81,542
9 years$119,365$109,044$99,543$90,810$82,798$66,841
10 years$106,337$96,117$86,783$78,279$70,548$55,396
11 years$95,685$85,567$76,403$68,126$60,674$46,309
12 years$86,815$76,801$67,805$59,756$52,579$38,982
13 years$79,315$69,405$60,580$52,756$45,849$32,998
14 years$72,892$63,088$54,431$46,831$40,191$28,061
15 years$67,330$57,632$49,144$41,765$35,388$23,954
16 years$62,468$52,876$44,556$37,396$31,276$20,514
17 years$58,183$48,697$40,544$33,600$27,731$17,615
18 years$54,378$44,998$37,012$30,280$24,657$15,159
19 years$50,978$41,704$33,883$27,361$21,978$13,071
20 years$47,921$38,753$31,096$24,780$19,631$11,289
21 years$45,160$36,097$28,602$22,490$17,567$9,764
22 years$42,652$33,695$26,361$20,448$15,747$8,455
23 years$40,366$31,514$24,340$18,623$14,135$7,328
24 years$38,274$29,527$22,510$16,985$12,705$6,358
25 years$36,352$27,710$20,849$15,512$11,433$5,520
26 years$34,581$26,043$19,336$14,183$10,298$4,796
27 years$32,943$24,509$17,956$12,982$9,285$4,169
28 years$31,426$23,095$16,692$11,894$8,378$3,626
29 years$30,015$21,787$15,533$10,907$7,565$3,155
30 years$28,702$20,576$14,469$10,010$6,835$2,746
31 years$27,475$19,451$13,489$9,194$6,180$2,391
32 years$26,327$18,405$12,585$8,449$5,590$2,083
33 years$25,251$17,429$11,751$7,770$5,059$1,814
34 years$24,241$16,519$10,979$7,149$4,580$1,581
35 years$23,290$15,668$10,265$6,581$4,149$1,378
36 years$22,394$14,871$9,603$6,061$3,759$1,201
37 years$21,549$14,124$8,988$5,584$3,407$1,047
38 years$20,750$13,423$8,417$5,147$3,089$913
39 years$19,993$12,764$7,886$4,746$2,801$796
40 years$19,277$12,144$7,391$4,377$2,540$694
41 years$18,597$11,560$6,931$4,039$2,305$605
42 years$17,951$11,009$6,501$3,727$2,091$528
43 years$17,337$10,490$6,100$3,441$1,898$461
44 years$16,753$9,999$5,726$3,177$1,723$402
45 years$16,196$9,535$5,377$2,934$1,564$350
46 years$15,665$9,096$5,050$2,710$1,420$306
47 years$15,158$8,680$4,744$2,504$1,289$267
48 years$14,673$8,286$4,458$2,314$1,171$233
49 years$14,210$7,913$4,191$2,138$1,064$203
50 years$13,767$7,559$3,940$1,976$966$177

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $14,100,000, adding $4,831 every year, while hoping to spend $40,970 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: 58/35/7 Blend
39$14,100,000$14,100,000$14,100,000$14,100,000
40$15,543,183$14,795,883$14,577,333$16,421,095
41$17,084,996$15,477,290$15,022,082$17,692,734
42$18,782,701$16,190,712$15,480,357$19,073,034
43$20,652,155$16,937,676$15,952,568$20,576,436
44$22,710,832$17,719,779$16,439,136$22,214,725
45$24,977,988$18,538,699$16,940,498$24,000,856
46$27,474,839$19,396,192$17,457,101$25,949,068
47$30,224,765$20,294,098$17,989,406$28,075,012
48$33,253,530$21,234,347$18,537,890$30,395,901
49$36,589,523$22,218,963$19,103,042$32,930,655
50$40,264,027$23,250,065$19,685,367$35,700,087
51$44,311,515$24,329,876$20,285,384$38,727,083
52$48,769,975$25,460,725$20,903,630$42,036,818
53$53,681,266$26,645,054$21,540,655$45,656,983
54$59,091,516$27,885,423$22,197,028$49,618,042
55$65,051,557$29,184,515$22,873,335$53,953,513
56$71,617,403$30,545,143$23,570,179$58,700,273
57$78,850,778$31,970,255$24,288,180$63,898,903
58$86,819,702$33,462,942$25,027,979$69,594,058
59$95,599,130$35,026,445$25,790,234$75,834,886
60$105,271,660$36,664,159$26,575,626$82,675,475
61$115,928,313$38,379,646$27,384,852$90,175,360
62$127,669,391$40,176,639$28,218,635$98,400,074
63$140,605,425$42,059,050$29,077,715$107,421,754
64$154,858,218$44,030,983$29,962,858$117,319,814
65$170,561,993$46,096,739$30,874,851$128,181,680
66$187,864,663$48,260,826$31,814,506$140,103,606
67$206,929,224$50,527,972$32,782,657$153,191,569
68$227,935,295$52,903,132$33,780,166$167,562,255
69$251,080,812$55,391,503$34,807,919$183,344,152
70$276,583,900$57,998,532$35,866,829$200,678,741
71$304,684,928$60,729,929$36,957,837$219,721,821
72$335,648,778$63,591,684$38,081,913$240,644,964
73$369,767,350$66,590,073$39,240,054$263,637,117
74$407,362,312$69,731,679$40,433,288$288,906,369
75$448,788,139$73,023,402$41,662,674$316,681,897
76$494,435,459$76,472,478$42,929,303$347,216,110
77$544,734,739$80,086,493$44,234,298$380,787,014
78$600,160,352$83,873,401$45,578,817$417,700,811
79$661,235,052$87,841,541$46,964,051$458,294,774
80$728,534,909$91,999,658$48,391,228$502,940,403
81$802,694,749$96,356,921$49,861,613$552,046,912
82$884,414,144$100,922,941$51,376,509$606,065,064
83$974,464,021$105,707,799$52,937,256$665,491,402
84$1,073,693,934$110,722,064$54,545,236$730,872,907
85$1,183,040,087$115,976,817$56,201,874$802,812,136
86$1,303,534,173$121,483,678$57,908,634$881,972,878
87$1,436,313,112$127,254,831$59,667,026$969,086,390
88$1,582,629,783$133,303,052$61,478,605$1,064,958,267
89$1,743,864,857$139,641,737$63,344,974$1,170,476,011
90$1,921,539,823$146,284,933$65,267,781$1,286,617,376
91$2,117,331,359$153,247,369$67,248,726$1,414,459,558
92$2,333,087,158$160,544,491$69,289,559$1,555,189,325
93$2,570,843,370$168,192,493$71,392,082$1,710,114,182
94$2,832,843,828$176,208,359$73,558,150$1,880,674,666
95$3,121,561,227$184,609,897$75,789,677$2,068,457,902
96$3,439,720,471$193,415,782$78,088,630$2,275,212,540
97$3,790,324,399$202,645,594$80,457,039$2,502,865,209
98$4,176,682,129$212,319,870$82,896,991$2,753,538,658
99$4,602,440,304$222,460,141$85,410,638$3,029,571,736
100$5,071,617,515$233,088,988$88,000,195$3,333,541,417