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

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 $14,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$1,172,623$1,162,178$1,151,987$1,142,040$1,132,328$1,088,691
2 years$580,506$569,695$559,217$549,058$539,204$495,761
3 years$383,160$372,302$361,850$351,787$342,093$300,211
4 years$284,506$273,681$263,334$253,443$243,984$203,982
5 years$225,329$214,569$204,358$194,668$185,472$147,454
6 years$185,891$175,212$165,152$155,678$146,758$110,747
7 years$157,732$147,143$137,242$127,991$119,354$85,340
8 years$136,622$126,129$116,392$107,369$99,015$66,965
9 years$120,212$109,818$100,248$91,454$83,385$53,252
10 years$107,092$96,799$87,399$78,834$71,048$42,776
11 years$96,364$86,174$76,945$68,610$61,104$34,628
12 years$87,430$77,345$68,286$60,180$52,951$28,203
13 years$79,877$69,898$61,009$53,130$46,175$23,081
14 years$73,408$63,535$54,817$47,163$40,476$18,963
15 years$67,807$58,040$49,493$42,061$35,639$15,627
16 years$62,911$53,251$44,872$37,661$31,498$12,911
17 years$58,596$49,042$40,832$33,838$27,928$10,690
18 years$54,764$45,317$37,274$30,495$24,832$8,865
19 years$51,339$41,999$34,123$27,555$22,133$7,362
20 years$48,261$39,028$31,316$24,956$19,770$6,121
21 years$45,480$36,353$28,805$22,649$17,692$5,094
22 years$42,955$33,934$26,548$20,593$15,858$4,243
23 years$40,653$31,738$24,513$18,755$14,235$3,536
24 years$38,545$29,736$22,670$17,105$12,795$2,948
25 years$36,610$27,906$20,997$15,622$11,514$2,460
26 years$34,826$26,227$19,474$14,284$10,371$2,053
27 years$33,177$24,683$18,083$13,074$9,350$1,714
28 years$31,649$23,259$16,810$11,979$8,437$1,431
29 years$30,228$21,942$15,644$10,985$7,618$1,195
30 years$28,905$20,722$14,571$10,081$6,884$998
31 years$27,670$19,589$13,584$9,259$6,224$834
32 years$26,514$18,535$12,675$8,509$5,630$697
33 years$25,430$17,553$11,834$7,825$5,095$582
34 years$24,412$16,636$11,057$7,200$4,613$487
35 years$23,455$15,779$10,338$6,628$4,178$407
36 years$22,553$14,977$9,671$6,104$3,785$340
37 years$21,701$14,225$9,052$5,624$3,431$284
38 years$20,897$13,518$8,476$5,184$3,110$238
39 years$20,135$12,855$7,942$4,780$2,821$199
40 years$19,414$12,230$7,444$4,408$2,558$166
41 years$18,729$11,642$6,980$4,067$2,321$139
42 years$18,079$11,087$6,547$3,754$2,106$116
43 years$17,460$10,564$6,144$3,465$1,911$97
44 years$16,872$10,070$5,767$3,199$1,735$81
45 years$16,311$9,602$5,415$2,955$1,575$68
46 years$15,776$9,160$5,086$2,729$1,430$57
47 years$15,265$8,742$4,778$2,522$1,299$47
48 years$14,777$8,345$4,490$2,330$1,179$40
49 years$14,311$7,969$4,220$2,153$1,071$33
50 years$13,864$7,612$3,968$1,990$973$28

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 $5,875 every year, while hoping to spend $53,910 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: 52/26/22 Blend
39$14,200,000$14,200,000$14,200,000$14,200,000
40$15,654,460$14,901,860$14,681,760$16,372,714
41$17,193,855$15,574,691$15,116,239$17,541,783
42$18,888,462$16,278,685$15,563,467$18,806,686
43$20,754,054$17,015,310$16,023,812$20,181,458
44$22,808,015$17,786,107$16,497,657$21,676,565
45$25,069,497$18,592,690$16,985,393$23,303,514
46$27,559,604$19,436,751$17,487,422$25,074,950
47$30,301,592$20,320,060$18,004,159$27,004,778
48$33,321,087$21,244,476$18,536,031$29,108,285
49$36,646,326$22,211,942$19,083,476$31,402,283
50$40,308,423$23,224,499$19,646,944$33,905,261
51$44,341,665$24,284,283$20,226,900$36,637,555
52$48,783,834$25,393,532$20,823,820$39,621,534
53$53,676,563$26,554,593$21,438,196$42,881,808
54$59,065,729$27,769,925$22,070,532$46,445,451
55$65,001,885$29,042,103$22,721,347$50,342,254
56$71,540,741$30,373,830$23,391,175$54,604,997
57$78,743,682$31,767,933$24,080,566$59,269,756
58$86,678,356$33,227,380$24,790,083$64,376,231
59$95,419,306$34,755,279$25,520,308$69,968,119
60$105,048,674$36,354,887$26,271,837$76,093,516
61$115,656,981$38,029,619$27,045,286$82,805,363
62$127,343,976$39,783,052$27,841,286$90,161,943
63$140,219,578$41,618,939$28,660,486$98,227,413
64$154,404,918$43,541,209$29,503,554$107,072,409
65$170,033,474$45,553,983$30,371,178$116,774,703
66$187,252,340$47,661,580$31,264,064$127,419,921
67$206,223,607$49,868,526$32,182,939$139,102,350
68$227,125,896$52,179,565$33,128,548$151,925,810
69$250,156,044$54,599,670$34,101,662$166,004,628
70$275,530,962$57,134,056$35,103,069$181,464,704
71$303,489,680$59,788,184$36,133,581$198,444,687
72$334,295,606$62,567,783$37,194,034$217,097,273
73$368,239,010$65,478,857$38,285,287$237,590,631
74$405,639,767$68,527,699$39,408,222$260,109,981
75$446,850,373$71,720,907$40,563,748$284,859,322
76$492,259,275$75,065,395$41,752,797$312,063,348
77$542,294,535$78,568,413$42,976,329$341,969,552
78$597,427,873$82,237,560$44,235,332$374,850,546
79$658,179,119$86,080,804$45,530,819$411,006,618
80$725,121,121$90,106,495$46,863,833$450,768,546
81$798,885,150$94,323,388$48,235,446$494,500,708
82$880,166,863$98,740,662$49,646,762$542,604,496
83$969,732,867$103,367,939$51,098,912$595,522,089
84$1,068,427,957$108,215,304$52,593,062$653,740,605
85$1,177,183,089$113,293,335$54,130,411$717,796,676
86$1,297,024,172$118,613,117$55,712,187$788,281,494
87$1,429,081,750$124,186,272$57,339,659$865,846,363
88$1,574,601,677$130,024,988$59,014,125$951,208,827
89$1,734,956,874$136,142,038$60,736,925$1,045,159,414
90$1,911,660,295$142,550,818$62,509,431$1,148,569,073
91$2,106,379,206$149,265,369$64,333,058$1,262,397,367
92$2,320,950,927$156,300,414$66,209,258$1,387,701,499
93$2,557,400,177$163,671,389$68,139,523$1,525,646,264
94$2,817,958,186$171,394,478$70,125,388$1,677,515,010
95$3,105,083,762$179,486,649$72,168,430$1,844,721,719
96$3,421,486,503$187,965,692$74,270,270$2,028,824,321
97$3,770,152,376$196,850,261$76,432,573$2,231,539,361
98$4,154,371,907$206,159,912$78,657,053$2,454,758,166
99$4,577,771,246$215,915,152$80,945,469$2,700,564,658
100$5,044,346,399$226,137,481$83,299,628$2,971,254,986