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%16.7%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,093,625
2 years$576,418$565,683$555,279$545,191$535,407$504,672
3 years$380,462$369,680$359,302$349,309$339,684$309,906
4 years$282,503$271,754$261,480$251,658$242,265$213,673
5 years$223,742$213,058$202,919$193,297$184,166$156,838
6 years$184,582$173,978$163,989$154,581$145,725$119,686
7 years$156,621$146,107$136,275$127,090$118,513$93,766
8 years$135,660$125,240$115,572$106,613$98,318$74,849
9 years$119,365$109,044$99,543$90,810$82,798$60,584
10 years$106,337$96,117$86,783$78,279$70,548$49,562
11 years$95,685$85,567$76,403$68,126$60,674$40,882
12 years$86,815$76,801$67,805$59,756$52,579$33,944
13 years$79,315$69,405$60,580$52,756$45,849$28,333
14 years$72,892$63,088$54,431$46,831$40,191$23,751
15 years$67,330$57,632$49,144$41,765$35,388$19,981
16 years$62,468$52,876$44,556$37,396$31,276$16,858
17 years$58,183$48,697$40,544$33,600$27,731$14,257
18 years$54,378$44,998$37,012$30,280$24,657$12,082
19 years$50,978$41,704$33,883$27,361$21,978$10,256
20 years$47,921$38,753$31,096$24,780$19,631$8,718
21 years$45,160$36,097$28,602$22,490$17,567$7,420
22 years$42,652$33,695$26,361$20,448$15,747$6,321
23 years$40,366$31,514$24,340$18,623$14,135$5,390
24 years$38,274$29,527$22,510$16,985$12,705$4,599
25 years$36,352$27,710$20,849$15,512$11,433$3,927
26 years$34,581$26,043$19,336$14,183$10,298$3,355
27 years$32,943$24,509$17,956$12,982$9,285$2,867
28 years$31,426$23,095$16,692$11,894$8,378$2,451
29 years$30,015$21,787$15,533$10,907$7,565$2,096
30 years$28,702$20,576$14,469$10,010$6,835$1,794
31 years$27,475$19,451$13,489$9,194$6,180$1,535
32 years$26,327$18,405$12,585$8,449$5,590$1,313
33 years$25,251$17,429$11,751$7,770$5,059$1,124
34 years$24,241$16,519$10,979$7,149$4,580$963
35 years$23,290$15,668$10,265$6,581$4,149$824
36 years$22,394$14,871$9,603$6,061$3,759$706
37 years$21,549$14,124$8,988$5,584$3,407$605
38 years$20,750$13,423$8,417$5,147$3,089$518
39 years$19,993$12,764$7,886$4,746$2,801$443
40 years$19,277$12,144$7,391$4,377$2,540$380
41 years$18,597$11,560$6,931$4,039$2,305$325
42 years$17,951$11,009$6,501$3,727$2,091$279
43 years$17,337$10,490$6,100$3,441$1,898$239
44 years$16,753$9,999$5,726$3,177$1,723$205
45 years$16,196$9,535$5,377$2,934$1,564$175
46 years$15,665$9,096$5,050$2,710$1,420$150
47 years$15,158$8,680$4,744$2,504$1,289$129
48 years$14,673$8,286$4,458$2,314$1,171$110
49 years$14,210$7,913$4,191$2,138$1,064$94
50 years$13,767$7,559$3,940$1,976$966$81

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 $6,685 every year, while hoping to spend $42,146 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: 26/46/28 Blend
39$14,100,000$14,100,000$14,100,000$14,100,000
40$15,545,096$14,797,796$14,579,246$15,813,048
41$17,085,852$15,478,045$15,022,807$16,714,135
42$18,782,354$16,190,213$15,479,816$17,676,198
43$20,650,441$16,935,821$15,950,677$18,707,571
44$22,707,571$17,716,461$16,435,809$19,814,145
45$24,972,977$18,533,801$16,935,643$21,002,361
46$27,467,856$19,389,593$17,450,622$22,279,265
47$30,215,562$20,285,668$17,981,203$23,652,566
48$33,241,834$21,223,950$18,527,858$25,130,702
49$36,575,030$22,206,453$19,091,070$26,722,912
50$40,246,402$23,235,287$19,671,339$28,439,311
51$44,290,386$24,312,668$20,269,181$30,290,985
52$48,744,930$25,440,914$20,885,123$32,290,079
53$53,651,851$26,622,457$21,519,713$34,449,905
54$59,057,229$27,859,846$22,173,512$36,785,060
55$65,011,841$29,155,753$22,847,100$39,311,549
56$71,571,643$30,512,979$23,541,072$42,046,929
57$78,798,296$31,934,460$24,256,043$45,010,460
58$86,759,747$33,423,274$24,992,645$48,223,281
59$95,530,873$34,982,646$25,751,530$51,708,589
60$105,194,185$36,615,958$26,533,369$55,491,853
61$115,840,608$38,326,757$27,338,854$59,601,035
62$127,570,340$40,118,758$28,168,696$64,066,843
63$140,493,796$41,995,858$29,023,628$68,923,006
64$154,732,649$43,962,141$29,904,405$74,206,575
65$170,420,982$46,021,889$30,811,806$79,958,259
66$187,706,552$48,179,592$31,746,632$86,222,792
67$206,752,184$50,439,954$32,709,706$93,049,336
68$227,737,305$52,807,911$33,701,881$100,491,927
69$250,859,646$55,288,634$34,724,029$108,609,968
70$276,337,099$57,887,547$35,777,053$117,468,768
71$304,409,780$60,610,333$36,861,882$127,140,137
72$335,342,293$63,462,955$37,979,470$137,703,041
73$369,426,228$66,451,661$39,130,803$149,244,329
74$406,982,913$69,583,002$40,316,895$161,859,522
75$448,366,450$72,863,849$41,538,790$175,653,694
76$493,967,052$76,301,402$42,797,564$190,742,437
77$544,214,733$79,903,213$44,094,325$207,252,921
78$599,583,364$83,677,198$45,430,213$225,325,071
79$660,595,145$87,631,658$46,806,403$245,112,854
80$727,825,537$91,775,297$48,224,105$266,785,701
81$801,908,695$96,117,239$49,684,565$290,530,072
82$883,543,451$100,667,053$51,189,067$316,551,188
83$973,499,913$105,434,769$52,738,931$345,074,922
84$1,072,626,739$110,430,908$54,335,520$376,349,901
85$1,181,859,141$115,666,496$55,980,234$410,649,810
86$1,302,227,718$121,153,100$57,674,517$448,275,935
87$1,434,868,187$126,902,843$59,419,855$489,559,963
88$1,581,032,101$132,928,442$61,217,779$534,867,067
89$1,742,098,666$139,243,226$63,069,866$584,599,306
90$1,919,587,762$145,861,176$64,977,738$639,199,373
91$2,115,174,288$152,796,948$66,943,067$699,154,717
92$2,330,703,981$160,065,914$68,967,575$765,002,092
93$2,568,210,832$167,684,189$71,053,034$837,332,569
94$2,829,936,297$175,668,673$73,201,270$916,797,053
95$3,118,350,449$184,037,088$75,414,162$1,004,112,365
96$3,436,175,305$192,808,016$77,693,647$1,100,067,944
97$3,786,410,520$202,000,943$80,041,718$1,205,533,232
98$4,172,361,704$211,636,300$82,460,427$1,321,465,806
99$4,597,671,635$221,735,516$84,951,888$1,448,920,345
100$5,066,354,643$232,321,058$87,518,278$1,589,058,508