Can I retire at age 40 with 14,300,000?

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 $14,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$1,180,881$1,170,362$1,160,100$1,150,083$1,140,302$1,135,020
2 years$584,594$573,707$563,155$552,924$543,001$537,669
3 years$385,858$374,924$364,399$354,264$344,502$339,286
4 years$286,510$275,609$265,189$255,227$245,702$240,641
5 years$226,916$216,081$205,797$196,039$186,779$181,888
6 years$187,200$176,446$166,315$156,774$147,792$143,078
7 years$158,843$148,179$138,208$128,893$120,194$115,660
8 years$137,584$127,017$117,212$108,125$99,713$95,358
9 years$121,058$110,591$100,954$92,098$83,972$79,797
10 years$107,846$97,481$88,014$79,390$71,549$67,550
11 years$97,042$86,781$77,486$69,093$61,534$57,709
12 years$88,046$77,890$68,767$60,604$53,324$49,670
13 years$80,440$70,390$61,439$53,504$46,500$43,014
14 years$73,925$63,982$55,203$47,495$40,761$37,439
15 years$68,285$58,449$49,841$42,357$35,890$32,727
16 years$63,354$53,626$45,188$37,926$31,719$28,712
17 years$59,008$49,388$41,120$34,076$28,125$25,268
18 years$55,150$45,636$37,537$30,710$25,007$22,297
19 years$51,701$42,295$34,363$27,749$22,289$19,720
20 years$48,601$39,303$31,537$25,132$19,909$17,477
21 years$45,800$36,609$29,008$22,809$17,817$15,516
22 years$43,257$34,173$26,735$20,738$15,970$13,796
23 years$40,939$31,961$24,685$18,887$14,336$12,283
24 years$38,817$29,946$22,830$17,226$12,885$10,949
25 years$36,868$28,103$21,145$15,732$11,595$9,770
26 years$35,071$26,412$19,611$14,384$10,444$8,727
27 years$33,411$24,857$18,210$13,166$9,416$7,801
28 years$31,872$23,422$16,929$12,063$8,496$6,978
29 years$30,441$22,096$15,754$11,062$7,672$6,246
30 years$29,109$20,868$14,674$10,152$6,932$5,595
31 years$27,864$19,727$13,680$9,324$6,267$5,013
32 years$26,700$18,666$12,764$8,569$5,669$4,495
33 years$25,609$17,677$11,918$7,880$5,131$4,031
34 years$24,584$16,753$11,135$7,250$4,645$3,617
35 years$23,620$15,890$10,411$6,674$4,207$3,246
36 years$22,712$15,082$9,739$6,147$3,812$2,914
37 years$21,854$14,325$9,115$5,663$3,455$2,617
38 years$21,044$13,614$8,536$5,220$3,132$2,351
39 years$20,277$12,945$7,997$4,813$2,840$2,112
40 years$19,550$12,316$7,496$4,440$2,576$1,898
41 years$18,861$11,724$7,029$4,096$2,337$1,706
42 years$18,206$11,165$6,593$3,780$2,121$1,533
43 years$17,583$10,638$6,187$3,490$1,925$1,378
44 years$16,990$10,141$5,808$3,222$1,747$1,239
45 years$16,426$9,670$5,453$2,976$1,586$1,114
46 years$15,887$9,225$5,122$2,749$1,440$1,002
47 years$15,373$8,803$4,812$2,539$1,308$901
48 years$14,881$8,404$4,522$2,346$1,188$811
49 years$14,411$8,025$4,250$2,169$1,079$729
50 years$13,962$7,666$3,996$2,004$980$656

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $14,300,000, adding $6,228 every year, while hoping to spend $25,625 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: 40/47/13 Blend
39$14,300,000$14,300,000$14,300,000$14,300,000
40$15,765,024$15,007,124$14,785,474$16,334,249
41$17,345,792$15,715,208$15,253,523$17,445,340
42$19,086,939$16,457,130$15,736,392$18,643,562
43$21,004,797$17,234,520$16,234,552$19,939,221
44$23,117,363$18,049,088$16,748,486$21,341,159
45$25,444,468$18,902,627$17,278,694$22,859,068
46$28,007,966$19,797,018$17,825,692$24,503,577
47$30,831,937$20,734,231$18,390,012$26,286,345
48$33,942,919$21,716,332$18,972,202$28,220,162
49$37,370,154$22,745,490$19,572,828$30,319,063
50$41,145,867$23,823,976$20,192,474$32,598,450
51$45,305,566$24,954,172$20,831,743$35,075,233
52$49,888,384$26,138,576$21,491,257$37,767,975
53$54,937,442$27,379,809$22,171,656$40,697,061
54$60,500,257$28,680,615$22,873,603$43,884,882
55$66,629,194$30,043,876$23,597,779$47,356,030
56$73,381,956$31,472,611$24,344,889$51,137,526
57$80,822,133$32,969,986$25,115,661$55,259,057
58$89,019,797$34,539,322$25,910,842$59,753,250
59$98,052,168$36,184,101$26,731,207$64,655,963
60$108,004,340$37,907,972$27,577,553$70,006,614
61$118,970,085$39,714,765$28,450,703$75,848,535
62$131,052,739$41,608,494$29,351,507$82,229,371
63$144,366,177$43,593,369$30,280,841$89,201,510
64$159,035,886$45,673,803$31,239,608$96,822,565
65$175,200,153$47,854,425$32,228,741$105,155,901
66$193,011,367$50,140,091$33,249,203$114,271,213
67$212,637,460$52,535,889$34,301,984$124,245,169
68$234,263,491$55,047,157$35,388,111$135,162,111
69$258,093,393$57,679,494$36,508,638$147,114,837
70$284,351,898$60,438,768$37,664,657$160,205,447
71$313,286,660$63,331,136$38,857,291$174,546,294
72$345,170,589$66,363,052$40,087,700$190,261,016
73$380,304,433$69,541,285$41,357,082$207,485,680
74$419,019,612$72,872,935$42,666,672$226,370,043
75$461,681,350$76,365,446$44,017,742$247,078,935
76$508,692,119$80,026,625$45,411,608$269,793,794
77$560,495,444$83,864,658$46,849,626$294,714,344
78$617,580,086$87,888,132$48,333,194$322,060,451
79$680,484,654$92,106,051$49,863,757$352,074,168
80$749,802,698$96,527,857$51,442,802$385,021,988
81$826,188,304$101,163,452$53,071,866$421,197,319
82$910,362,272$106,023,222$54,752,534$460,923,226
83$1,003,118,922$111,118,058$56,486,442$504,555,432
84$1,105,333,590$116,459,381$58,275,276$552,485,644
85$1,217,970,895$122,059,170$60,120,777$605,145,207
86$1,342,093,844$127,929,987$62,024,741$663,009,128
87$1,478,873,867$134,085,006$63,989,020$726,600,518
88$1,629,601,874$140,538,045$66,015,525$796,495,481
89$1,795,700,449$147,303,593$68,106,229$873,328,499
90$1,978,737,273$154,396,847$70,263,166$957,798,372
91$2,180,439,927$161,833,745$72,488,434$1,050,674,760
92$2,402,712,203$169,631,001$74,784,200$1,152,805,384
93$2,647,652,074$177,806,147$77,152,697$1,265,123,975
94$2,917,571,503$186,377,566$79,596,230$1,388,659,021
95$3,215,018,271$195,364,541$82,117,178$1,524,543,409
96$3,542,800,024$204,787,293$84,717,993$1,674,025,051
97$3,904,010,788$214,667,032$87,401,207$1,838,478,589
98$4,302,060,172$225,026,000$90,169,432$2,019,418,297
99$4,740,705,562$235,887,527$93,025,361$2,218,512,295
100$5,224,087,593$247,276,079$95,971,773$2,437,598,211