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%16.2%
1 years$1,172,623$1,162,178$1,151,987$1,142,040$1,132,328$1,103,611
2 years$580,506$569,695$559,217$549,058$539,204$510,458
3 years$383,160$372,302$361,850$351,787$342,093$314,218
4 years$284,506$273,681$263,334$253,443$243,984$217,194
5 years$225,329$214,569$204,358$194,668$185,472$159,842
6 years$185,891$175,212$165,152$155,678$146,758$122,312
7 years$157,732$147,143$137,242$127,991$119,354$96,095
8 years$136,622$126,129$116,392$107,369$99,015$76,933
9 years$120,212$109,818$100,248$91,454$83,385$62,460
10 years$107,092$96,799$87,399$78,834$71,048$51,256
11 years$96,364$86,174$76,945$68,610$61,104$42,415
12 years$87,430$77,345$68,286$60,180$52,951$35,333
13 years$79,877$69,898$61,009$53,130$46,175$29,592
14 years$73,408$63,535$54,817$47,163$40,476$24,892
15 years$67,807$58,040$49,493$42,061$35,639$21,014
16 years$62,911$53,251$44,872$37,661$31,498$17,792
17 years$58,596$49,042$40,832$33,838$27,928$15,102
18 years$54,764$45,317$37,274$30,495$24,832$12,846
19 years$51,339$41,999$34,123$27,555$22,133$10,945
20 years$48,261$39,028$31,316$24,956$19,770$9,339
21 years$45,480$36,353$28,805$22,649$17,692$7,979
22 years$42,955$33,934$26,548$20,593$15,858$6,824
23 years$40,653$31,738$24,513$18,755$14,235$5,842
24 years$38,545$29,736$22,670$17,105$12,795$5,005
25 years$36,610$27,906$20,997$15,622$11,514$4,290
26 years$34,826$26,227$19,474$14,284$10,371$3,680
27 years$33,177$24,683$18,083$13,074$9,350$3,158
28 years$31,649$23,259$16,810$11,979$8,437$2,711
29 years$30,228$21,942$15,644$10,985$7,618$2,328
30 years$28,905$20,722$14,571$10,081$6,884$2,000
31 years$27,670$19,589$13,584$9,259$6,224$1,718
32 years$26,514$18,535$12,675$8,509$5,630$1,477
33 years$25,430$17,553$11,834$7,825$5,095$1,269
34 years$24,412$16,636$11,057$7,200$4,613$1,091
35 years$23,455$15,779$10,338$6,628$4,178$938
36 years$22,553$14,977$9,671$6,104$3,785$807
37 years$21,701$14,225$9,052$5,624$3,431$694
38 years$20,897$13,518$8,476$5,184$3,110$597
39 years$20,135$12,855$7,942$4,780$2,821$513
40 years$19,414$12,230$7,444$4,408$2,558$442
41 years$18,729$11,642$6,980$4,067$2,321$380
42 years$18,079$11,087$6,547$3,754$2,106$327
43 years$17,460$10,564$6,144$3,465$1,911$281
44 years$16,872$10,070$5,767$3,199$1,735$242
45 years$16,311$9,602$5,415$2,955$1,575$208
46 years$15,776$9,160$5,086$2,729$1,430$179
47 years$15,265$8,742$4,778$2,522$1,299$154
48 years$14,777$8,345$4,490$2,330$1,179$133
49 years$14,311$7,969$4,220$2,153$1,071$114
50 years$13,864$7,612$3,968$1,990$973$98

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 $6,867 every year, while hoping to spend $57,124 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: 64/18/18 Blend
39$14,200,000$14,200,000$14,200,000$14,200,000
40$15,655,483$14,902,883$14,682,783$16,586,332
41$17,191,563$15,572,345$15,113,877$17,881,741
42$18,882,409$16,272,696$15,557,498$19,289,181
43$20,743,745$17,005,389$16,014,005$20,825,374
44$22,792,901$17,771,947$16,483,768$22,502,897
45$25,048,970$18,573,965$16,967,167$24,335,589
46$27,532,990$19,413,115$17,464,593$26,338,677
47$30,268,145$20,291,147$17,976,446$28,528,916
48$33,279,979$21,209,897$18,503,141$30,924,747
49$36,596,642$22,171,287$19,045,101$33,546,464
50$40,249,150$23,177,331$19,602,763$36,416,405
51$44,271,684$24,230,140$20,176,575$39,559,158
52$48,701,905$25,331,926$20,767,000$43,001,789
53$53,581,316$26,485,007$21,374,511$46,774,096
54$58,955,648$27,691,811$21,999,596$50,908,881
55$64,875,298$28,954,883$22,642,755$55,442,261
56$71,395,796$30,276,890$23,304,505$60,414,002
57$78,578,336$31,660,627$23,985,376$65,867,888
58$86,490,351$33,109,022$24,685,910$71,852,132
59$95,206,148$34,625,145$25,406,669$78,419,826
60$104,807,610$36,212,212$26,148,227$85,629,435
61$115,384,970$37,873,594$26,911,176$93,545,345
62$127,037,660$39,612,824$27,696,124$102,238,465
63$139,875,253$41,433,603$28,503,696$111,786,889
64$154,018,492$43,339,813$29,334,533$122,276,628
65$169,600,434$45,335,521$30,189,296$133,802,414
66$186,767,705$47,424,987$31,068,664$146,468,592
67$205,681,880$49,612,681$31,973,333$160,390,090
68$226,521,012$51,903,283$32,904,020$175,693,504
69$249,481,313$54,301,701$33,861,463$192,518,282
70$274,779,002$56,813,080$34,846,417$211,018,031
71$302,652,349$59,442,810$35,859,661$231,361,962
72$333,363,923$62,196,542$36,901,994$253,736,475
73$367,203,070$65,080,199$37,974,237$278,346,911
74$404,488,645$68,099,991$39,077,236$305,419,483
75$445,572,021$71,262,424$40,211,858$335,203,398
76$490,840,406$74,574,321$41,378,993$367,973,199
77$540,720,496$78,042,833$42,579,559$404,031,349
78$595,682,509$81,675,453$43,814,496$443,711,073
79$656,244,616$85,480,041$45,084,772$487,379,491
80$722,977,835$89,464,832$46,391,381$535,441,071
81$796,511,426$93,638,460$47,735,344$588,341,438
82$877,538,823$98,009,977$49,117,710$646,571,562
83$966,824,187$102,588,869$50,539,556$710,672,383
84$1,065,209,614$107,385,084$52,001,992$781,239,900
85$1,173,623,090$112,409,048$53,506,154$858,930,783
86$1,293,087,247$117,671,693$55,053,211$944,468,555
87$1,424,729,017$123,184,477$56,644,365$1,038,650,408
88$1,569,790,274$128,959,414$58,280,848$1,142,354,709
89$1,729,639,555$135,009,098$59,963,930$1,256,549,274
90$1,905,784,978$141,346,733$61,694,910$1,382,300,485
91$2,099,888,484$147,986,160$63,475,128$1,520,783,337
92$2,313,781,521$154,941,894$65,305,956$1,673,292,512
93$2,549,482,336$162,229,147$67,188,806$1,841,254,574
94$2,809,215,030$169,863,871$69,125,126$2,026,241,421
95$3,095,430,552$177,862,789$71,116,407$2,229,985,092
96$3,410,829,838$186,243,436$73,164,177$2,454,394,100
97$3,758,389,311$195,024,193$75,270,006$2,701,571,419
98$4,141,388,977$204,224,335$77,435,507$2,973,834,314
99$4,563,443,394$213,864,069$79,662,338$3,273,736,183
100$5,028,535,792$223,964,580$81,952,198$3,604,090,638