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%11.8%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,115,865
2 years$576,418$565,683$555,279$545,191$535,407$526,849
3 years$380,462$369,680$359,302$349,309$339,684$331,321
4 years$282,503$271,754$261,480$251,658$242,265$234,163
5 years$223,742$213,058$202,919$193,297$184,166$176,348
6 years$184,582$173,978$163,989$154,581$145,725$138,199
7 years$156,621$146,107$136,275$127,090$118,513$111,285
8 years$135,660$125,240$115,572$106,613$98,318$91,387
9 years$119,365$109,044$99,543$90,810$82,798$76,163
10 years$106,337$96,117$86,783$78,279$70,548$64,204
11 years$95,685$85,567$76,403$68,126$60,674$54,617
12 years$86,815$76,801$67,805$59,756$52,579$46,803
13 years$79,315$69,405$60,580$52,756$45,849$40,350
14 years$72,892$63,088$54,431$46,831$40,191$34,960
15 years$67,330$57,632$49,144$41,765$35,388$30,418
16 years$62,468$52,876$44,556$37,396$31,276$26,560
17 years$58,183$48,697$40,544$33,600$27,731$23,261
18 years$54,378$44,998$37,012$30,280$24,657$20,425
19 years$50,978$41,704$33,883$27,361$21,978$17,975
20 years$47,921$38,753$31,096$24,780$19,631$15,850
21 years$45,160$36,097$28,602$22,490$17,567$13,999
22 years$42,652$33,695$26,361$20,448$15,747$12,382
23 years$40,366$31,514$24,340$18,623$14,135$10,967
24 years$38,274$29,527$22,510$16,985$12,705$9,724
25 years$36,352$27,710$20,849$15,512$11,433$8,630
26 years$34,581$26,043$19,336$14,183$10,298$7,666
27 years$32,943$24,509$17,956$12,982$9,285$6,815
28 years$31,426$23,095$16,692$11,894$8,378$6,063
29 years$30,015$21,787$15,533$10,907$7,565$5,397
30 years$28,702$20,576$14,469$10,010$6,835$4,806
31 years$27,475$19,451$13,489$9,194$6,180$4,283
32 years$26,327$18,405$12,585$8,449$5,590$3,817
33 years$25,251$17,429$11,751$7,770$5,059$3,404
34 years$24,241$16,519$10,979$7,149$4,580$3,037
35 years$23,290$15,668$10,265$6,581$4,149$2,709
36 years$22,394$14,871$9,603$6,061$3,759$2,418
37 years$21,549$14,124$8,988$5,584$3,407$2,159
38 years$20,750$13,423$8,417$5,147$3,089$1,928
39 years$19,993$12,764$7,886$4,746$2,801$1,721
40 years$19,277$12,144$7,391$4,377$2,540$1,538
41 years$18,597$11,560$6,931$4,039$2,305$1,374
42 years$17,951$11,009$6,501$3,727$2,091$1,227
43 years$17,337$10,490$6,100$3,441$1,898$1,097
44 years$16,753$9,999$5,726$3,177$1,723$980
45 years$16,196$9,535$5,377$2,934$1,564$876
46 years$15,665$9,096$5,050$2,710$1,420$783
47 years$15,158$8,680$4,744$2,504$1,289$700
48 years$14,673$8,286$4,458$2,314$1,171$626
49 years$14,210$7,913$4,191$2,138$1,064$559
50 years$13,767$7,559$3,940$1,976$966$500

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 $3,831 every year, while hoping to spend $38,476 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: 51/39/10 Blend
39$14,100,000$14,100,000$14,100,000$14,100,000
40$15,542,152$14,794,852$14,576,302$16,293,888
41$17,086,513$15,478,861$15,023,670$17,491,264
42$18,787,110$16,195,098$15,484,735$18,787,800
43$20,659,837$16,945,100$15,959,916$20,196,353
44$22,722,210$17,730,480$16,449,643$21,727,470
45$24,993,530$18,552,928$16,954,361$23,392,737
46$27,495,065$19,414,216$17,474,526$25,204,879
47$30,250,251$20,316,202$18,010,612$27,177,877
48$33,284,912$21,260,831$18,563,103$29,327,090
49$36,627,507$22,250,146$19,132,501$31,669,400
50$40,309,393$23,286,283$19,719,320$34,223,359
51$44,365,128$24,371,487$20,324,094$37,009,361
52$48,832,788$25,508,108$20,947,368$40,049,825
53$53,754,336$26,698,609$21,589,709$43,369,400
54$59,176,011$27,945,573$22,251,697$46,995,192
55$65,148,767$29,251,709$22,933,932$50,957,006
56$71,728,754$30,619,855$23,637,030$55,287,625
57$78,977,845$32,052,987$24,361,630$60,023,109
58$86,964,226$33,554,224$25,108,385$65,203,120
59$95,763,033$35,126,836$25,877,971$70,871,297
60$105,457,065$36,774,254$26,671,086$77,075,648
61$116,137,563$38,500,070$27,488,445$83,868,997
62$127,905,074$40,308,053$28,330,787$91,309,472
63$140,870,398$42,202,153$29,198,875$99,461,040
64$155,155,633$44,186,514$30,093,492$108,394,098
65$170,895,331$46,265,476$31,015,447$118,186,128
66$188,237,763$48,443,593$31,965,573$128,922,409
67$207,346,324$50,725,638$32,944,729$140,696,814
68$228,401,069$53,116,615$33,953,797$153,612,676
69$251,600,419$55,621,770$34,993,691$167,783,754
70$277,163,030$58,246,605$36,065,347$183,335,283
71$305,329,857$60,996,886$37,169,735$200,405,146
72$336,366,431$63,878,662$38,307,849$219,145,152
73$370,565,363$66,898,272$39,480,718$239,722,455
74$408,249,106$70,062,364$40,689,398$262,321,111
75$449,773,003$73,377,908$41,934,981$287,143,792
76$495,528,636$76,852,212$43,218,589$314,413,681
77$545,947,525$80,492,938$44,541,380$344,376,558
78$601,505,202$84,308,122$45,904,546$377,303,090
79$662,725,699$88,306,187$47,309,315$413,491,368
80$730,186,497$92,495,967$48,756,954$453,269,692
81$804,523,974$96,886,723$50,248,766$496,999,643
82$886,439,415$101,488,168$51,786,095$545,079,471
83$976,705,631$106,310,484$53,370,325$597,947,821
84$1,076,174,258$111,364,350$55,002,883$656,087,844
85$1,185,783,790$116,660,962$56,685,238$720,031,726
86$1,306,568,448$122,212,060$58,418,905$790,365,680
87$1,439,667,934$128,029,955$60,205,443$867,735,438
88$1,586,338,197$134,127,557$62,046,459$952,852,318
89$1,747,963,288$140,518,401$63,943,609$1,046,499,893
90$1,926,068,423$147,216,682$65,898,600$1,149,541,349
91$2,122,334,387$154,237,285$67,913,188$1,262,927,592
92$2,338,613,400$161,595,818$69,989,186$1,387,706,179
93$2,576,946,601$169,308,647$72,128,458$1,525,031,161
94$2,839,583,320$177,392,936$74,332,926$1,676,173,927
95$3,129,002,310$185,866,682$76,604,571$1,842,535,154
96$3,447,935,155$194,748,758$78,945,433$2,025,657,978
97$3,799,392,050$204,058,957$81,357,615$2,227,242,505
98$4,186,690,226$213,818,032$83,843,281$2,449,161,800
99$4,613,485,260$224,047,747$86,404,663$2,693,479,506
100$5,083,805,597$234,770,927$89,044,059$2,962,469,263