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%12.7%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,111,687
2 years$576,418$565,683$555,279$545,191$535,407$522,655
3 years$380,462$369,680$359,302$349,309$339,684$327,243
4 years$282,503$271,754$261,480$251,658$242,265$230,231
5 years$223,742$213,058$202,919$193,297$184,166$172,574
6 years$184,582$173,978$163,989$154,581$145,725$134,588
7 years$156,621$146,107$136,275$127,090$118,513$107,838
8 years$135,660$125,240$115,572$106,613$98,318$88,102
9 years$119,365$109,044$99,543$90,810$82,798$73,038
10 years$106,337$96,117$86,783$78,279$70,548$61,238
11 years$95,685$85,567$76,403$68,126$60,674$51,805
12 years$86,815$76,801$67,805$59,756$52,579$44,142
13 years$79,315$69,405$60,580$52,756$45,849$37,834
14 years$72,892$63,088$54,431$46,831$40,191$32,587
15 years$67,330$57,632$49,144$41,765$35,388$28,182
16 years$62,468$52,876$44,556$37,396$31,276$24,456
17 years$58,183$48,697$40,544$33,600$27,731$21,284
18 years$54,378$44,998$37,012$30,280$24,657$18,570
19 years$50,978$41,704$33,883$27,361$21,978$16,237
20 years$47,921$38,753$31,096$24,780$19,631$14,223
21 years$45,160$36,097$28,602$22,490$17,567$12,479
22 years$42,652$33,695$26,361$20,448$15,747$10,963
23 years$40,366$31,514$24,340$18,623$14,135$9,643
24 years$38,274$29,527$22,510$16,985$12,705$8,491
25 years$36,352$27,710$20,849$15,512$11,433$7,484
26 years$34,581$26,043$19,336$14,183$10,298$6,601
27 years$32,943$24,509$17,956$12,982$9,285$5,826
28 years$31,426$23,095$16,692$11,894$8,378$5,146
29 years$30,015$21,787$15,533$10,907$7,565$4,547
30 years$28,702$20,576$14,469$10,010$6,835$4,020
31 years$27,475$19,451$13,489$9,194$6,180$3,556
32 years$26,327$18,405$12,585$8,449$5,590$3,146
33 years$25,251$17,429$11,751$7,770$5,059$2,785
34 years$24,241$16,519$10,979$7,149$4,580$2,465
35 years$23,290$15,668$10,265$6,581$4,149$2,183
36 years$22,394$14,871$9,603$6,061$3,759$1,934
37 years$21,549$14,124$8,988$5,584$3,407$1,713
38 years$20,750$13,423$8,417$5,147$3,089$1,518
39 years$19,993$12,764$7,886$4,746$2,801$1,345
40 years$19,277$12,144$7,391$4,377$2,540$1,193
41 years$18,597$11,560$6,931$4,039$2,305$1,057
42 years$17,951$11,009$6,501$3,727$2,091$937
43 years$17,337$10,490$6,100$3,441$1,898$831
44 years$16,753$9,999$5,726$3,177$1,723$737
45 years$16,196$9,535$5,377$2,934$1,564$653
46 years$15,665$9,096$5,050$2,710$1,420$580
47 years$15,158$8,680$4,744$2,504$1,289$514
48 years$14,673$8,286$4,458$2,314$1,171$456
49 years$14,210$7,913$4,191$2,138$1,064$404
50 years$13,767$7,559$3,940$1,976$966$359

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 $6,839 every year, while hoping to spend $26,639 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: 79/9/12 Blend
39$14,100,000$14,100,000$14,100,000$14,100,000
40$15,545,254$14,797,954$14,579,404$16,737,972
41$17,102,527$15,494,711$15,039,471$18,219,691
42$18,817,748$16,224,715$15,514,057$19,840,786
43$20,707,001$16,989,568$16,003,620$21,618,539
44$22,788,007$17,790,950$16,508,634$23,568,597
45$25,080,297$18,630,619$17,029,586$25,708,187
46$27,605,389$19,510,421$17,566,979$28,056,281
47$30,386,998$20,432,291$18,121,332$30,633,772
48$33,451,256$21,398,257$18,693,180$33,463,667
49$36,826,958$22,410,447$19,283,077$36,571,304
50$40,545,839$23,471,089$19,891,590$39,984,592
51$44,642,864$24,582,522$20,519,308$43,734,266
52$49,156,569$25,747,199$21,166,838$47,854,179
53$54,129,416$26,967,688$21,834,804$52,381,619
54$59,608,198$28,246,686$22,523,851$57,357,658
55$65,644,479$29,587,019$23,234,645$62,827,536
56$72,295,083$30,991,650$23,967,873$68,841,088
57$79,622,626$32,463,686$24,724,242$75,453,207
58$87,696,113$34,006,385$25,504,483$82,724,365
59$96,591,583$35,623,164$26,309,349$90,721,177
60$106,392,830$37,317,605$27,139,618$99,517,028
61$117,192,195$39,093,464$27,996,091$109,192,761
62$129,091,435$40,954,680$28,879,597$119,837,439
63$142,202,685$42,905,383$29,790,987$131,549,180
64$156,649,516$44,949,904$30,731,142$144,436,081
65$172,568,102$47,092,785$31,700,971$158,617,233
66$190,108,504$49,338,787$32,701,409$174,223,843
67$209,436,089$51,692,905$33,733,423$191,400,467
68$230,733,087$54,160,374$34,798,010$210,306,370
69$254,200,317$56,746,687$35,896,198$231,117,025
70$280,059,076$59,457,602$37,029,048$254,025,767
71$308,553,234$62,299,157$38,197,654$279,245,608
72$339,951,533$65,277,684$39,403,143$307,011,248
73$374,550,122$68,399,824$40,646,682$337,581,281
74$412,675,360$71,672,540$41,929,471$371,240,633
75$454,686,886$75,103,135$43,252,748$408,303,244
76$500,981,026$78,699,266$44,617,792$449,115,028
77$551,994,524$82,468,963$46,025,922$494,057,128
78$608,208,673$86,420,650$47,478,498$543,549,511
79$670,153,852$90,563,155$48,976,921$598,054,924
80$738,414,537$94,905,743$50,522,641$658,083,254
81$813,634,820$99,458,124$52,117,150$724,196,335
82$896,524,485$104,230,486$53,761,987$797,013,246
83$987,865,711$109,233,508$55,458,743$877,216,141
84$1,088,520,458$114,478,394$57,209,055$965,556,686
85$1,199,438,601$119,976,892$59,014,614$1,062,863,143
86$1,321,666,900$125,741,321$60,877,166$1,170,048,180
87$1,456,358,881$131,784,603$62,798,507$1,288,117,476
88$1,604,785,725$138,120,287$64,780,496$1,418,179,208
89$1,768,348,272$144,762,584$66,825,045$1,561,454,495
90$1,948,590,242$151,726,397$68,934,131$1,719,288,924
91$2,147,212,812$159,027,356$71,109,790$1,893,165,234
92$2,366,090,675$166,681,853$73,354,124$2,084,717,302
93$2,607,289,738$174,707,078$75,669,302$2,295,745,558
94$2,873,086,627$183,121,060$78,057,558$2,528,233,968
95$3,165,990,178$191,942,707$80,521,202$2,784,368,746
96$3,488,765,126$201,191,850$83,062,612$3,066,558,981
97$3,844,458,203$210,889,285$85,684,244$3,377,459,368
98$4,236,426,904$221,056,823$88,388,630$3,719,995,245
99$4,668,371,182$231,717,341$91,178,383$4,097,390,205
100$5,144,368,381$242,894,830$94,056,197$4,513,196,500