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%20%
1 years$1,180,881$1,170,362$1,160,100$1,150,083$1,140,302$1,094,627
2 years$584,594$573,707$563,155$552,924$543,001$497,558
3 years$385,858$374,924$364,399$354,264$344,502$300,722
4 years$286,510$275,609$265,189$255,227$245,702$203,917
5 years$226,916$216,081$205,797$196,039$186,779$147,096
6 years$187,200$176,446$166,315$156,774$147,792$110,235
7 years$158,843$148,179$138,208$128,893$120,194$84,750
8 years$137,584$127,017$117,212$108,125$99,713$66,345
9 years$121,058$110,591$100,954$92,098$83,972$52,629
10 years$107,846$97,481$88,014$79,390$71,549$42,168
11 years$97,042$86,781$77,486$69,093$61,534$34,047
12 years$88,046$77,890$68,767$60,604$53,324$27,656
13 years$80,440$70,390$61,439$53,504$46,500$22,571
14 years$73,925$63,982$55,203$47,495$40,761$18,492
15 years$68,285$58,449$49,841$42,357$35,890$15,196
16 years$63,354$53,626$45,188$37,926$31,719$12,518
17 years$59,008$49,388$41,120$34,076$28,125$10,333
18 years$55,150$45,636$37,537$30,710$25,007$8,544
19 years$51,701$42,295$34,363$27,749$22,289$7,074
20 years$48,601$39,303$31,537$25,132$19,909$5,863
21 years$45,800$36,609$29,008$22,809$17,817$4,864
22 years$43,257$34,173$26,735$20,738$15,970$4,039
23 years$40,939$31,961$24,685$18,887$14,336$3,355
24 years$38,817$29,946$22,830$17,226$12,885$2,789
25 years$36,868$28,103$21,145$15,732$11,595$2,319
26 years$35,071$26,412$19,611$14,384$10,444$1,929
27 years$33,411$24,857$18,210$13,166$9,416$1,605
28 years$31,872$23,422$16,929$12,063$8,496$1,336
29 years$30,441$22,096$15,754$11,062$7,672$1,112
30 years$29,109$20,868$14,674$10,152$6,932$926
31 years$27,864$19,727$13,680$9,324$6,267$771
32 years$26,700$18,666$12,764$8,569$5,669$642
33 years$25,609$17,677$11,918$7,880$5,131$535
34 years$24,584$16,753$11,135$7,250$4,645$446
35 years$23,620$15,890$10,411$6,674$4,207$371
36 years$22,712$15,082$9,739$6,147$3,812$309
37 years$21,854$14,325$9,115$5,663$3,455$258
38 years$21,044$13,614$8,536$5,220$3,132$215
39 years$20,277$12,945$7,997$4,813$2,840$179
40 years$19,550$12,316$7,496$4,440$2,576$149
41 years$18,861$11,724$7,029$4,096$2,337$124
42 years$18,206$11,165$6,593$3,780$2,121$103
43 years$17,583$10,638$6,187$3,490$1,925$86
44 years$16,990$10,141$5,808$3,222$1,747$72
45 years$16,426$9,670$5,453$2,976$1,586$60
46 years$15,887$9,225$5,122$2,749$1,440$50
47 years$15,373$8,803$4,812$2,539$1,308$42
48 years$14,881$8,404$4,522$2,346$1,188$35
49 years$14,411$8,025$4,250$2,169$1,079$29
50 years$13,962$7,666$3,996$2,004$980$24

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 $4,770 every year, while hoping to spend $50,763 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: 34/49/17 Blend
39$14,300,000$14,300,000$14,300,000$14,300,000
40$15,763,520$15,005,620$14,783,970$16,216,467
41$17,317,388$15,686,884$15,225,222$17,230,167
42$19,028,049$16,399,829$15,679,554$18,317,512
43$20,911,442$17,145,953$16,147,351$19,488,999
44$22,985,131$17,926,826$16,629,010$20,752,087
45$25,268,469$18,744,096$17,124,936$22,114,945
46$27,782,782$19,599,485$17,635,550$23,586,523
47$30,551,567$20,494,802$18,161,283$25,176,630
48$33,600,720$21,431,939$18,702,579$26,896,019
49$36,958,772$22,412,883$19,259,894$28,756,483
50$40,657,165$23,439,713$19,833,698$30,770,952
51$44,730,545$24,514,608$20,424,476$32,953,614
52$49,217,089$25,639,853$21,032,725$35,320,036
53$54,158,869$26,817,841$21,658,958$37,887,300
54$59,602,241$28,051,083$22,303,700$40,674,158
55$65,598,291$29,342,208$22,967,496$43,701,198
56$72,203,311$30,693,971$23,650,902$46,991,027
57$79,479,334$32,109,261$24,354,493$50,568,473
58$87,494,718$33,591,106$25,078,859$54,460,807
59$96,324,788$35,142,679$25,824,610$58,697,992
60$106,052,552$36,767,306$26,592,370$63,312,948
61$116,769,480$38,468,472$27,382,782$68,341,852
62$128,576,372$40,249,832$28,196,510$73,824,467
63$141,584,303$42,115,215$29,034,235$79,804,499
64$155,915,678$44,068,636$29,896,658$86,329,996
65$171,705,380$46,114,303$30,784,499$93,453,788
66$189,102,051$48,256,626$31,698,502$101,233,964
67$208,269,488$50,500,228$32,639,429$109,734,407
68$229,388,193$52,849,956$33,608,067$119,025,378
69$252,657,075$55,310,891$34,605,224$129,184,156
70$278,295,329$57,888,356$35,631,731$140,295,753
71$306,544,502$60,587,936$36,688,444$152,453,693
72$337,670,777$63,415,480$37,776,242$165,760,870
73$371,967,483$66,377,125$38,896,033$180,330,503
74$409,757,862$69,479,300$40,048,746$196,287,172
75$451,398,126$72,728,747$41,235,340$213,767,978
76$497,280,812$76,132,534$42,456,802$232,923,803
77$547,838,495$79,698,068$43,714,145$253,920,709
78$603,547,866$83,433,117$45,008,413$276,941,479
79$664,934,232$87,345,824$46,340,679$302,187,311
80$732,576,479$91,444,725$47,712,047$329,879,683
81$807,112,532$95,738,769$49,123,653$360,262,412
82$889,245,380$100,237,338$50,576,665$393,603,923
83$979,749,711$104,950,270$52,072,285$430,199,743
84$1,079,479,225$109,887,876$53,611,750$470,375,255
85$1,189,374,692$115,060,969$55,196,330$514,488,729
86$1,310,472,838$120,480,883$56,827,335$562,934,661
87$1,443,916,126$126,159,505$58,506,108$616,147,455
88$1,590,963,543$132,109,293$60,234,035$674,605,476
89$1,753,002,488$138,343,312$62,012,539$738,835,521
90$1,931,561,866$144,875,259$63,843,084$809,417,737
91$2,128,326,524$151,719,494$65,727,175$886,991,051
92$2,345,153,156$158,891,076$67,666,361$972,259,140
93$2,584,087,830$166,405,790$69,662,236$1,065,997,020
94$2,847,385,306$174,280,191$71,716,439$1,169,058,302
95$3,137,530,321$182,531,634$73,830,653$1,282,383,184
96$3,457,261,046$191,178,317$76,006,612$1,407,007,263
97$3,809,594,938$200,239,320$78,246,099$1,544,071,242
98$4,197,857,225$209,734,650$80,550,947$1,694,831,622
99$4,625,712,299$219,685,284$82,923,040$1,860,672,494
100$5,097,198,310$230,113,219$85,364,318$2,043,118,517