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%11.4%
1 years$1,172,623$1,162,178$1,151,987$1,142,040$1,132,328$1,125,664
2 years$580,506$569,695$559,217$549,058$539,204$532,480
3 years$383,160$372,302$361,850$351,787$342,093$335,519
4 years$284,506$273,681$263,334$253,443$243,984$237,609
5 years$225,329$214,569$204,358$194,668$185,472$179,316
6 years$185,891$175,212$165,152$155,678$146,758$140,828
7 years$157,732$147,143$137,242$127,991$119,354$113,653
8 years$136,622$126,129$116,392$107,369$99,015$93,544
9 years$120,212$109,818$100,248$91,454$83,385$78,142
10 years$107,092$96,799$87,399$78,834$71,048$66,031
11 years$96,364$86,174$76,945$68,610$61,104$56,309
12 years$87,430$77,345$68,286$60,180$52,951$48,374
13 years$79,877$69,898$61,009$53,130$46,175$41,811
14 years$73,408$63,535$54,817$47,163$40,476$36,321
15 years$67,807$58,040$49,493$42,061$35,639$31,687
16 years$62,911$53,251$44,872$37,661$31,498$27,743
17 years$58,596$49,042$40,832$33,838$27,928$24,365
18 years$54,764$45,317$37,274$30,495$24,832$21,455
19 years$51,339$41,999$34,123$27,555$22,133$18,935
20 years$48,261$39,028$31,316$24,956$19,770$16,745
21 years$45,480$36,353$28,805$22,649$17,692$14,833
22 years$42,955$33,934$26,548$20,593$15,858$13,159
23 years$40,653$31,738$24,513$18,755$14,235$11,690
24 years$38,545$29,736$22,670$17,105$12,795$10,397
25 years$36,610$27,906$20,997$15,622$11,514$9,256
26 years$34,826$26,227$19,474$14,284$10,371$8,248
27 years$33,177$24,683$18,083$13,074$9,350$7,356
28 years$31,649$23,259$16,810$11,979$8,437$6,564
29 years$30,228$21,942$15,644$10,985$7,618$5,862
30 years$28,905$20,722$14,571$10,081$6,884$5,238
31 years$27,670$19,589$13,584$9,259$6,224$4,682
32 years$26,514$18,535$12,675$8,509$5,630$4,187
33 years$25,430$17,553$11,834$7,825$5,095$3,746
34 years$24,412$16,636$11,057$7,200$4,613$3,353
35 years$23,455$15,779$10,338$6,628$4,178$3,002
36 years$22,553$14,977$9,671$6,104$3,785$2,688
37 years$21,701$14,225$9,052$5,624$3,431$2,408
38 years$20,897$13,518$8,476$5,184$3,110$2,157
39 years$20,135$12,855$7,942$4,780$2,821$1,933
40 years$19,414$12,230$7,444$4,408$2,558$1,733
41 years$18,729$11,642$6,980$4,067$2,321$1,553
42 years$18,079$11,087$6,547$3,754$2,106$1,393
43 years$17,460$10,564$6,144$3,465$1,911$1,249
44 years$16,872$10,070$5,767$3,199$1,735$1,120
45 years$16,311$9,602$5,415$2,955$1,575$1,004
46 years$15,776$9,160$5,086$2,729$1,430$901
47 years$15,265$8,742$4,778$2,522$1,299$808
48 years$14,777$8,345$4,490$2,330$1,179$725
49 years$14,311$7,969$4,220$2,153$1,071$650
50 years$13,864$7,612$3,968$1,990$973$583

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 $2,510 every year, while hoping to spend $26,490 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: 59/22/19 Blend
39$14,200,000$14,200,000$14,200,000$14,200,000
40$15,650,989$14,898,389$14,678,289$16,496,312
41$17,219,205$15,600,225$15,141,827$17,771,307
42$18,946,491$16,335,563$15,620,005$19,158,021
43$20,849,044$17,106,017$16,113,286$20,669,762
44$22,944,713$17,913,278$16,622,148$22,318,620
45$25,253,166$18,759,121$17,147,082$24,117,887
46$27,796,076$19,645,405$17,688,596$26,082,185
47$30,597,326$20,574,080$18,247,215$28,227,595
48$33,683,234$21,547,191$18,823,477$30,571,806
49$37,082,802$22,566,881$19,417,941$33,134,278
50$40,827,987$23,635,398$20,031,182$35,936,422
51$44,954,008$24,755,099$20,663,793$39,001,797
52$49,499,673$25,928,454$21,316,386$42,356,324
53$54,507,746$27,158,056$21,989,592$46,028,531
54$60,025,355$28,446,619$22,684,062$50,049,814
55$66,104,431$29,796,993$23,400,468$54,454,726
56$72,802,203$31,212,165$24,139,503$59,281,303
57$80,181,733$32,695,267$24,901,882$64,571,411
58$88,312,517$34,249,582$25,688,342$70,371,135
59$97,271,137$35,878,555$26,499,645$76,731,212
60$107,141,984$37,585,796$27,336,574$83,707,501
61$118,018,058$39,375,091$28,199,941$91,361,498
62$130,001,840$41,250,411$29,090,579$99,760,918
63$143,206,265$43,215,918$30,009,351$108,980,317
64$157,755,785$45,275,979$30,957,145$119,101,794
65$173,787,544$47,435,171$31,934,878$130,215,754
66$191,452,674$49,698,294$32,943,496$142,421,754
67$210,917,718$52,070,383$33,983,976$155,829,430
68$232,366,209$54,556,715$35,057,323$170,559,527
69$256,000,395$57,162,827$36,164,575$186,745,025
70$282,043,152$59,894,522$37,306,805$204,532,383
71$310,740,088$62,757,888$38,485,118$224,082,912
72$342,361,861$65,759,308$39,700,652$245,574,286
73$377,206,731$68,905,475$40,954,585$269,202,205
74$415,603,384$72,203,409$42,248,130$295,182,230
75$457,914,024$75,660,471$43,582,537$323,751,805
76$504,537,801$79,284,381$44,959,099$355,172,484
77$555,914,575$83,083,234$46,379,147$389,732,385
78$612,529,068$87,065,518$47,844,055$427,748,894
79$674,915,442$91,240,138$49,355,240$469,571,645
80$743,662,342$95,616,429$50,914,164$515,585,806
81$819,418,449$100,204,182$52,522,337$566,215,692
82$902,898,609$105,013,666$54,181,314$621,928,758
83$994,890,579$110,055,647$55,892,700$683,239,987
84$1,096,262,464$115,341,420$57,658,151$750,716,735
85$1,207,970,912$120,882,827$59,479,376$824,984,065
86$1,331,070,147$126,692,287$61,358,137$906,730,624
87$1,466,721,919$132,782,826$63,296,252$996,715,123
88$1,616,206,474$139,168,104$65,295,596$1,095,773,473
89$1,780,934,640$145,862,446$67,358,104$1,204,826,651
90$1,962,461,145$152,880,877$69,485,771$1,324,889,371
91$2,162,499,295$160,239,153$71,680,658$1,457,079,631
92$2,382,937,150$167,953,799$73,944,887$1,602,629,241
93$2,625,855,348$176,042,145$76,280,650$1,762,895,420
94$2,893,546,750$184,522,365$78,690,208$1,939,373,577
95$3,188,538,080$193,413,523$81,175,891$2,133,711,398
96$3,513,613,786$202,735,608$83,740,106$2,347,724,360
97$3,871,842,327$212,509,588$86,385,334$2,583,412,840
98$4,266,605,137$222,757,450$89,114,135$2,842,980,957
99$4,701,628,553$233,502,257$91,929,151$3,128,857,340
100$5,181,018,992$244,768,194$94,833,104$3,443,718,019