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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.1%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,091,863
2 years$576,418$565,683$555,279$545,191$535,407$502,931
3 years$380,462$369,680$359,302$349,309$339,684$308,241
4 years$282,503$271,754$261,480$251,658$242,265$212,096
5 years$223,742$213,058$202,919$193,297$184,166$155,353
6 years$184,582$173,978$163,989$154,581$145,725$118,294
7 years$156,621$146,107$136,275$127,090$118,513$92,465
8 years$135,660$125,240$115,572$106,613$98,318$73,637
9 years$119,365$109,044$99,543$90,810$82,798$59,459
10 years$106,337$96,117$86,783$78,279$70,548$48,520
11 years$95,685$85,567$76,403$68,126$60,674$39,920
12 years$86,815$76,801$67,805$59,756$52,579$33,058
13 years$79,315$69,405$60,580$52,756$45,849$27,519
14 years$72,892$63,088$54,431$46,831$40,191$23,005
15 years$67,330$57,632$49,144$41,765$35,388$19,299
16 years$62,468$52,876$44,556$37,396$31,276$16,236
17 years$58,183$48,697$40,544$33,600$27,731$13,691
18 years$54,378$44,998$37,012$30,280$24,657$11,568
19 years$50,978$41,704$33,883$27,361$21,978$9,790
20 years$47,921$38,753$31,096$24,780$19,631$8,297
21 years$45,160$36,097$28,602$22,490$17,567$7,040
22 years$42,652$33,695$26,361$20,448$15,747$5,979
23 years$40,366$31,514$24,340$18,623$14,135$5,082
24 years$38,274$29,527$22,510$16,985$12,705$4,323
25 years$36,352$27,710$20,849$15,512$11,433$3,679
26 years$34,581$26,043$19,336$14,183$10,298$3,133
27 years$32,943$24,509$17,956$12,982$9,285$2,669
28 years$31,426$23,095$16,692$11,894$8,378$2,274
29 years$30,015$21,787$15,533$10,907$7,565$1,939
30 years$28,702$20,576$14,469$10,010$6,835$1,653
31 years$27,475$19,451$13,489$9,194$6,180$1,410
32 years$26,327$18,405$12,585$8,449$5,590$1,203
33 years$25,251$17,429$11,751$7,770$5,059$1,026
34 years$24,241$16,519$10,979$7,149$4,580$876
35 years$23,290$15,668$10,265$6,581$4,149$747
36 years$22,394$14,871$9,603$6,061$3,759$638
37 years$21,549$14,124$8,988$5,584$3,407$544
38 years$20,750$13,423$8,417$5,147$3,089$465
39 years$19,993$12,764$7,886$4,746$2,801$397
40 years$19,277$12,144$7,391$4,377$2,540$339
41 years$18,597$11,560$6,931$4,039$2,305$289
42 years$17,951$11,009$6,501$3,727$2,091$247
43 years$17,337$10,490$6,100$3,441$1,898$211
44 years$16,753$9,999$5,726$3,177$1,723$180
45 years$16,196$9,535$5,377$2,934$1,564$154
46 years$15,665$9,096$5,050$2,710$1,420$131
47 years$15,158$8,680$4,744$2,504$1,289$112
48 years$14,673$8,286$4,458$2,314$1,171$96
49 years$14,210$7,913$4,191$2,138$1,064$82
50 years$13,767$7,559$3,940$1,976$966$70

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 $2,159 every year, while hoping to spend $59,117 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: 83/7/10 Blend
39$14,100,000$14,100,000$14,100,000$14,100,000
40$15,540,427$14,793,127$14,574,577$16,806,545
41$17,062,651$15,455,090$14,999,925$18,297,385
42$18,738,160$16,147,508$15,437,541$19,926,159
43$20,582,527$16,871,811$15,887,774$21,713,032
44$22,612,911$17,629,496$16,350,981$23,673,845
45$24,848,220$18,422,134$16,827,531$25,826,047
46$27,309,288$19,251,368$17,317,802$28,188,852
47$30,019,070$20,118,920$17,822,184$30,783,426
48$33,002,865$21,026,596$18,341,076$33,633,079
49$36,288,544$21,976,286$18,874,889$36,763,489
50$39,906,823$22,969,972$19,424,046$40,202,938
51$43,891,547$24,009,729$19,988,980$43,982,581
52$48,280,012$25,097,733$20,570,137$48,136,736
53$53,113,313$26,236,261$21,167,977$52,703,207
54$58,436,736$27,427,703$21,782,969$57,723,639
55$64,300,183$28,674,560$22,415,598$63,243,909
56$70,758,642$29,979,455$23,066,362$69,314,558
57$77,872,710$31,345,134$23,735,771$75,991,265
58$85,709,158$32,774,478$24,424,351$83,335,370
59$94,341,567$34,270,502$25,132,642$91,414,451
60$103,851,019$35,836,369$25,861,198$100,302,961
61$114,326,864$37,475,391$26,610,588$110,082,926
62$125,867,560$39,191,042$27,381,399$120,844,720
63$138,581,607$40,986,959$28,174,232$132,687,912
64$152,588,567$42,866,956$28,989,705$145,722,203
65$168,020,194$44,835,029$29,828,453$160,068,465
66$185,021,675$46,895,367$30,691,128$175,859,869
67$203,753,006$49,052,360$31,578,400$193,243,149
68$224,390,494$51,310,607$32,490,958$212,379,976
69$247,128,429$53,674,931$33,429,509$233,448,485
70$272,180,911$56,150,385$34,394,781$256,644,954
71$299,783,876$58,742,266$35,387,518$282,185,648
72$330,197,320$61,456,126$36,408,488$310,308,864
73$363,707,752$64,297,782$37,458,478$341,277,169
74$400,630,904$67,273,334$38,538,298$375,379,882
75$441,314,703$70,389,174$39,648,778$412,935,794
76$486,142,562$73,652,003$40,790,772$454,296,179
77$535,536,996$77,068,844$41,965,155$499,848,099
78$589,963,612$80,647,059$43,172,830$550,018,062
79$649,935,500$84,394,365$44,414,719$605,276,034
80$716,018,082$88,318,850$45,691,773$666,139,876
81$788,834,446$92,428,993$47,004,967$733,180,225
82$869,071,228$96,733,683$48,355,303$807,025,877
83$957,485,096$101,242,236$49,743,808$888,369,717
84$1,054,909,889$105,964,419$51,171,539$977,975,250
85$1,162,264,493$110,910,470$52,639,580$1,076,683,810
86$1,280,561,510$116,091,122$54,149,046$1,185,422,488
87$1,410,916,824$121,517,627$55,701,078$1,305,212,882
88$1,554,560,128$127,201,779$57,296,852$1,437,180,731
89$1,712,846,537$133,155,942$58,937,573$1,582,566,539
90$1,887,269,381$139,393,080$60,624,478$1,742,737,275
91$2,079,474,297$145,926,781$62,358,838$1,919,199,268
92$2,291,274,774$152,771,291$64,141,958$2,113,612,424
93$2,524,669,264$159,941,547$65,975,176$2,327,805,884
94$2,781,860,052$167,453,206$67,859,868$2,563,795,283
95$3,065,274,048$175,322,684$69,797,444$2,823,801,770
96$3,377,585,696$183,567,191$71,789,353$3,110,272,967
97$3,721,742,223$192,204,769$73,837,083$3,425,906,064
98$4,100,991,464$201,254,337$75,942,160$3,773,673,273
99$4,518,912,521$210,735,727$78,106,149$4,156,849,875
100$4,979,449,554$220,669,733$80,330,661$4,579,045,130