Can I retire at age 40 with 14,200,000?

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 $14,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$1,172,623$1,162,178$1,151,987$1,142,040$1,132,328$1,116,790
2 years$580,506$569,695$559,217$549,058$539,204$523,577
3 years$383,160$372,302$361,850$351,787$342,093$326,863
4 years$284,506$273,681$263,334$253,443$243,984$229,268
5 years$225,329$214,569$204,358$194,668$185,472$171,314
6 years$185,891$175,212$165,152$155,678$146,758$133,173
7 years$157,732$147,143$137,242$127,991$119,354$106,348
8 years$136,622$126,129$116,392$107,369$99,015$86,586
9 years$120,212$109,818$100,248$91,454$83,385$71,528
10 years$107,092$96,799$87,399$78,834$71,048$59,753
11 years$96,364$86,174$76,945$68,610$61,104$50,361
12 years$87,430$77,345$68,286$60,180$52,951$42,748
13 years$79,877$69,898$61,009$53,130$46,175$36,497
14 years$73,408$63,535$54,817$47,163$40,476$31,309
15 years$67,807$58,040$49,493$42,061$35,639$26,967
16 years$62,911$53,251$44,872$37,661$31,498$23,304
17 years$58,596$49,042$40,832$33,838$27,928$20,197
18 years$54,764$45,317$37,274$30,495$24,832$17,546
19 years$51,339$41,999$34,123$27,555$22,133$15,274
20 years$48,261$39,028$31,316$24,956$19,770$13,321
21 years$45,480$36,353$28,805$22,649$17,692$11,634
22 years$42,955$33,934$26,548$20,593$15,858$10,175
23 years$40,653$31,738$24,513$18,755$14,235$8,909
24 years$38,545$29,736$22,670$17,105$12,795$7,808
25 years$36,610$27,906$20,997$15,622$11,514$6,849
26 years$34,826$26,227$19,474$14,284$10,371$6,013
27 years$33,177$24,683$18,083$13,074$9,350$5,282
28 years$31,649$23,259$16,810$11,979$8,437$4,643
29 years$30,228$21,942$15,644$10,985$7,618$4,083
30 years$28,905$20,722$14,571$10,081$6,884$3,592
31 years$27,670$19,589$13,584$9,259$6,224$3,161
32 years$26,514$18,535$12,675$8,509$5,630$2,783
33 years$25,430$17,553$11,834$7,825$5,095$2,451
34 years$24,412$16,636$11,057$7,200$4,613$2,159
35 years$23,455$15,779$10,338$6,628$4,178$1,902
36 years$22,553$14,977$9,671$6,104$3,785$1,677
37 years$21,701$14,225$9,052$5,624$3,431$1,478
38 years$20,897$13,518$8,476$5,184$3,110$1,303
39 years$20,135$12,855$7,942$4,780$2,821$1,149
40 years$19,414$12,230$7,444$4,408$2,558$1,013
41 years$18,729$11,642$6,980$4,067$2,321$893
42 years$18,079$11,087$6,547$3,754$2,106$788
43 years$17,460$10,564$6,144$3,465$1,911$695
44 years$16,872$10,070$5,767$3,199$1,735$613
45 years$16,311$9,602$5,415$2,955$1,575$541
46 years$15,776$9,160$5,086$2,729$1,430$477
47 years$15,265$8,742$4,778$2,522$1,299$421
48 years$14,777$8,345$4,490$2,330$1,179$371
49 years$14,311$7,969$4,220$2,153$1,071$328
50 years$13,864$7,612$3,968$1,990$973$289

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $14,200,000, adding $5,162 every year, while hoping to spend $36,291 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: 53/22/25 Blend
39$14,200,000$14,200,000$14,200,000$14,200,000
40$15,653,725$14,901,125$14,681,025$16,374,416
41$17,211,791$15,592,666$15,134,226$17,564,327
42$18,927,564$16,316,877$15,601,392$18,854,368
43$20,817,091$17,075,320$16,082,955$20,257,514
44$22,898,056$17,869,632$16,579,355$21,784,586
45$25,189,945$18,701,531$17,091,050$23,447,479
46$27,714,229$19,572,816$17,618,510$25,259,271
47$30,494,569$20,485,373$18,162,220$27,234,341
48$33,557,040$21,441,180$18,722,678$29,388,505
49$36,930,371$22,442,311$19,300,401$31,739,153
50$40,646,223$23,490,939$19,895,918$34,305,417
51$44,739,484$24,589,341$20,509,778$37,108,340
52$49,248,598$25,739,906$21,142,543$40,171,073
53$54,215,932$26,945,138$21,794,795$43,519,088
54$59,688,169$28,207,662$22,467,133$47,180,413
55$65,716,754$29,530,229$23,160,173$51,185,888
56$72,358,377$30,915,724$23,874,553$55,569,454
57$79,675,509$32,367,172$24,610,928$60,368,466
58$87,736,990$33,887,743$25,369,974$65,624,037
59$96,618,682$35,480,761$26,152,386$71,381,421
60$106,404,181$37,149,711$26,958,884$77,690,434
61$117,185,608$38,898,248$27,790,207$84,605,915
62$129,064,478$40,730,200$28,647,118$92,188,236
63$142,152,661$42,649,586$29,530,402$100,503,865
64$156,573,432$44,660,615$30,440,870$109,625,984
65$172,462,639$46,767,702$31,379,356$119,635,172
66$189,969,985$48,975,477$32,346,722$130,620,153
67$209,260,439$51,288,791$33,343,852$142,678,629
68$230,515,795$53,712,733$34,371,663$155,918,189
69$253,936,387$56,252,638$35,431,095$170,457,317
70$279,742,982$58,914,100$36,523,119$186,426,492
71$308,178,859$61,702,984$37,648,737$203,969,419
72$339,512,111$64,625,439$38,808,978$223,244,366
73$374,038,174$67,687,913$40,004,906$244,425,647
74$412,082,614$70,897,167$41,237,617$267,705,256
75$454,004,202$74,260,289$42,508,238$293,294,665
76$500,198,300$77,784,713$43,817,934$321,426,805
77$551,100,595$81,478,233$45,167,904$352,358,252
78$607,191,210$85,349,020$46,559,382$386,371,632
79$668,999,235$89,405,644$47,993,643$423,778,272
80$737,107,726$93,657,089$49,472,000$464,921,126
81$812,159,207$98,112,779$50,995,804$510,177,989
82$894,861,732$102,782,592$52,566,450$559,965,049
83$985,995,578$107,676,888$54,185,375$614,740,796
84$1,086,420,601$112,806,529$55,854,059$675,010,327
85$1,197,084,361$118,182,908$57,574,028$741,330,098
86$1,319,031,063$123,817,968$59,346,856$814,313,151
87$1,453,411,418$129,724,235$61,174,162$894,634,880
88$1,601,493,504$135,914,843$63,057,618$983,039,380
89$1,764,674,737$142,403,566$64,998,944$1,080,346,451
90$1,944,495,066$149,204,847$66,999,914$1,187,459,308
91$2,142,651,509$156,333,831$69,062,358$1,305,373,078
92$2,361,014,175$163,806,401$71,188,159$1,435,184,170
93$2,601,643,918$171,639,211$73,379,259$1,578,100,592
94$2,866,811,792$179,849,727$75,637,659$1,735,453,324
95$3,159,020,496$188,456,265$77,965,421$1,908,708,853
96$3,481,027,995$197,478,031$80,364,672$2,099,482,978
97$3,835,873,563$206,935,166$82,837,600$2,309,556,031
98$4,226,906,471$216,848,794$85,386,465$2,540,889,647
99$4,657,817,610$227,241,065$88,013,591$2,795,645,240
100$5,132,674,337$238,135,207$90,721,376$3,076,204,372