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%14.8%
1 years$1,180,881$1,170,362$1,160,100$1,150,083$1,140,302$1,117,736
2 years$584,594$573,707$563,155$552,924$543,001$520,361
3 years$385,858$374,924$364,399$354,264$344,502$322,495
4 years$286,510$275,609$265,189$255,227$245,702$224,496
5 years$226,916$216,081$205,797$196,039$186,779$166,436
6 years$187,200$176,446$166,315$156,774$147,792$128,333
7 years$158,843$148,179$138,208$128,893$120,194$101,624
8 years$137,584$127,017$117,212$108,125$99,713$82,027
9 years$121,058$110,591$100,954$92,098$83,972$67,159
10 years$107,846$97,481$88,014$79,390$71,549$55,591
11 years$97,042$86,781$77,486$69,093$61,534$46,413
12 years$88,046$77,890$68,767$60,604$53,324$39,018
13 years$80,440$70,390$61,439$53,504$46,500$32,985
14 years$73,925$63,982$55,203$47,495$40,761$28,013
15 years$68,285$58,449$49,841$42,357$35,890$23,880
16 years$63,354$53,626$45,188$37,926$31,719$20,421
17 years$59,008$49,388$41,120$34,076$28,125$17,510
18 years$55,150$45,636$37,537$30,710$25,007$15,047
19 years$51,701$42,295$34,363$27,749$22,289$12,955
20 years$48,601$39,303$31,537$25,132$19,909$11,172
21 years$45,800$36,609$29,008$22,809$17,817$9,648
22 years$43,257$34,173$26,735$20,738$15,970$8,342
23 years$40,939$31,961$24,685$18,887$14,336$7,219
24 years$38,817$29,946$22,830$17,226$12,885$6,253
25 years$36,868$28,103$21,145$15,732$11,595$5,421
26 years$35,071$26,412$19,611$14,384$10,444$4,702
27 years$33,411$24,857$18,210$13,166$9,416$4,081
28 years$31,872$23,422$16,929$12,063$8,496$3,544
29 years$30,441$22,096$15,754$11,062$7,672$3,078
30 years$29,109$20,868$14,674$10,152$6,932$2,675
31 years$27,864$19,727$13,680$9,324$6,267$2,325
32 years$26,700$18,666$12,764$8,569$5,669$2,022
33 years$25,609$17,677$11,918$7,880$5,131$1,758
34 years$24,584$16,753$11,135$7,250$4,645$1,530
35 years$23,620$15,890$10,411$6,674$4,207$1,331
36 years$22,712$15,082$9,739$6,147$3,812$1,158
37 years$21,854$14,325$9,115$5,663$3,455$1,008
38 years$21,044$13,614$8,536$5,220$3,132$877
39 years$20,277$12,945$7,997$4,813$2,840$764
40 years$19,550$12,316$7,496$4,440$2,576$665
41 years$18,861$11,724$7,029$4,096$2,337$579
42 years$18,206$11,165$6,593$3,780$2,121$504
43 years$17,583$10,638$6,187$3,490$1,925$439
44 years$16,990$10,141$5,808$3,222$1,747$382
45 years$16,426$9,670$5,453$2,976$1,586$333
46 years$15,887$9,225$5,122$2,749$1,440$290
47 years$15,373$8,803$4,812$2,539$1,308$252
48 years$14,881$8,404$4,522$2,346$1,188$220
49 years$14,411$8,025$4,250$2,169$1,079$191
50 years$13,962$7,666$3,996$2,004$980$167

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 $4,570 every year, while hoping to spend $51,538 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: 86/6/8 Blend
39$14,300,000$14,300,000$14,300,000$14,300,000
40$15,763,314$15,005,414$14,783,764$17,105,530
41$17,316,336$15,685,843$15,224,184$18,662,159
42$19,026,039$16,397,886$15,677,631$20,364,947
43$20,908,350$17,143,037$16,144,486$22,234,516
44$22,980,818$17,922,863$16,625,144$24,287,631
45$25,262,783$18,739,005$17,120,007$26,542,754
46$27,775,553$19,593,182$17,629,493$29,020,225
47$30,542,608$20,487,196$18,154,030$31,742,445
48$33,589,822$21,422,937$18,694,058$34,734,090
49$36,945,706$22,402,383$19,250,031$38,022,342
50$40,641,676$23,427,608$19,822,415$41,637,146
51$44,712,351$24,500,785$20,411,691$45,611,487
52$49,195,880$25,624,193$21,018,352$49,981,703
53$54,134,300$26,800,218$21,642,906$54,787,826
54$59,573,932$28,031,362$22,285,877$60,073,957
55$65,565,821$29,320,248$22,947,802$65,888,682
56$72,166,217$30,669,622$23,629,235$72,285,529
57$79,437,103$32,082,364$24,330,746$79,323,468
58$87,446,781$33,561,494$25,052,920$87,067,471
59$96,270,520$35,110,175$25,796,361$95,589,120
60$105,991,262$36,731,723$26,561,688$104,967,281
61$116,700,406$38,429,612$27,349,539$115,288,846
62$128,498,671$40,207,486$28,160,572$126,649,553
63$141,497,046$42,069,163$28,995,461$139,154,884
64$155,817,837$44,018,645$29,854,902$152,921,063
65$171,595,824$46,060,126$30,739,609$168,076,144
66$188,979,530$48,198,004$31,650,317$184,761,224
67$208,132,622$50,436,887$32,587,784$203,131,768
68$229,235,462$52,781,607$33,552,786$223,359,076
69$252,486,800$55,237,227$34,546,126$245,631,893
70$278,105,659$57,809,056$35,568,626$270,158,193
71$306,333,395$60,502,659$36,621,134$297,167,136
72$337,435,981$63,323,868$37,704,522$326,911,229
73$371,706,512$66,278,799$38,819,684$359,668,703
74$409,467,978$69,373,861$39,967,545$395,746,143
75$451,076,306$72,615,775$41,149,052$435,481,369
76$496,923,725$76,011,584$42,365,182$479,246,630
77$547,442,467$79,568,674$43,616,937$527,452,108
78$603,108,845$83,294,785$44,905,351$580,549,788
79$664,447,752$87,198,034$46,231,485$639,037,719
80$732,037,614$91,286,929$47,596,431$703,464,716
81$806,515,852$95,570,390$49,001,312$774,435,529
82$888,584,897$100,057,768$50,447,285$852,616,551
83$979,018,825$104,758,867$51,935,538$938,742,104
84$1,078,670,659$109,683,965$53,467,292$1,033,621,365
85$1,188,480,426$114,843,839$55,043,806$1,138,145,997
86$1,309,484,027$120,249,785$56,666,371$1,253,298,565
87$1,442,823,022$125,913,648$58,336,319$1,380,161,803
88$1,589,755,400$131,847,847$60,055,015$1,519,928,828
89$1,751,667,461$138,065,401$61,823,868$1,673,914,400
90$1,930,086,897$144,579,961$63,644,323$1,843,567,325
91$2,126,697,221$151,405,839$65,517,868$2,030,484,123
92$2,343,353,653$158,558,041$67,446,032$2,236,424,098
93$2,582,100,641$166,052,301$69,430,390$2,463,325,933
94$2,845,191,157$173,905,114$71,472,558$2,713,325,988
95$3,135,107,967$182,133,777$73,574,201$2,988,778,457
96$3,454,587,073$190,756,424$75,737,030$3,292,277,587
97$3,806,643,536$199,792,072$77,962,803$3,626,682,158
98$4,194,599,950$209,260,656$80,253,329$3,995,142,459
99$4,622,117,799$219,183,082$82,610,470$4,401,130,025
100$5,093,232,031$229,581,270$85,036,137$4,848,470,396