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

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 $14,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$1,180,881$1,170,362$1,160,100$1,150,083$1,140,302$1,134,543
2 years$584,594$573,707$563,155$552,924$543,001$537,189
3 years$385,858$374,924$364,399$354,264$344,502$338,817
4 years$286,510$275,609$265,189$255,227$245,702$240,187
5 years$226,916$216,081$205,797$196,039$186,779$181,451
6 years$187,200$176,446$166,315$156,774$147,792$142,657
7 years$158,843$148,179$138,208$128,893$120,194$115,256
8 years$137,584$127,017$117,212$108,125$99,713$94,972
9 years$121,058$110,591$100,954$92,098$83,972$79,427
10 years$107,846$97,481$88,014$79,390$71,549$67,197
11 years$97,042$86,781$77,486$69,093$61,534$57,373
12 years$88,046$77,890$68,767$60,604$53,324$49,350
13 years$80,440$70,390$61,439$53,504$46,500$42,709
14 years$73,925$63,982$55,203$47,495$40,761$37,150
15 years$68,285$58,449$49,841$42,357$35,890$32,452
16 years$63,354$53,626$45,188$37,926$31,719$28,452
17 years$59,008$49,388$41,120$34,076$28,125$25,022
18 years$55,150$45,636$37,537$30,710$25,007$22,064
19 years$51,701$42,295$34,363$27,749$22,289$19,501
20 years$48,601$39,303$31,537$25,132$19,909$17,270
21 years$45,800$36,609$29,008$22,809$17,817$15,321
22 years$43,257$34,173$26,735$20,738$15,970$13,612
23 years$40,939$31,961$24,685$18,887$14,336$12,111
24 years$38,817$29,946$22,830$17,226$12,885$10,787
25 years$36,868$28,103$21,145$15,732$11,595$9,619
26 years$35,071$26,412$19,611$14,384$10,444$8,584
27 years$33,411$24,857$18,210$13,166$9,416$7,668
28 years$31,872$23,422$16,929$12,063$8,496$6,854
29 years$30,441$22,096$15,754$11,062$7,672$6,130
30 years$29,109$20,868$14,674$10,152$6,932$5,486
31 years$27,864$19,727$13,680$9,324$6,267$4,912
32 years$26,700$18,666$12,764$8,569$5,669$4,400
33 years$25,609$17,677$11,918$7,880$5,131$3,943
34 years$24,584$16,753$11,135$7,250$4,645$3,535
35 years$23,620$15,890$10,411$6,674$4,207$3,170
36 years$22,712$15,082$9,739$6,147$3,812$2,844
37 years$21,854$14,325$9,115$5,663$3,455$2,552
38 years$21,044$13,614$8,536$5,220$3,132$2,290
39 years$20,277$12,945$7,997$4,813$2,840$2,056
40 years$19,550$12,316$7,496$4,440$2,576$1,845
41 years$18,861$11,724$7,029$4,096$2,337$1,657
42 years$18,206$11,165$6,593$3,780$2,121$1,488
43 years$17,583$10,638$6,187$3,490$1,925$1,337
44 years$16,990$10,141$5,808$3,222$1,747$1,201
45 years$16,426$9,670$5,453$2,976$1,586$1,079
46 years$15,887$9,225$5,122$2,749$1,440$969
47 years$15,373$8,803$4,812$2,539$1,308$871
48 years$14,881$8,404$4,522$2,346$1,188$783
49 years$14,411$8,025$4,250$2,169$1,079$704
50 years$13,962$7,666$3,996$2,004$980$632

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 $5,648 every year, while hoping to spend $53,404 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: 73/9/18 Blend
39$14,300,000$14,300,000$14,300,000$14,300,000
40$15,764,426$15,006,526$14,784,876$16,848,552
41$17,315,576$15,685,024$15,223,348$18,247,335
42$19,023,153$16,394,979$15,674,719$19,772,160
43$20,903,057$17,137,876$16,139,364$21,441,199
44$22,972,807$17,915,269$16,617,671$23,268,765
45$25,251,707$18,728,791$17,110,036$25,270,615
46$27,761,029$19,580,149$17,616,870$27,464,099
47$30,524,211$20,471,134$18,138,592$29,868,320
48$33,567,082$21,403,621$18,675,636$32,504,313
49$36,918,101$22,379,576$19,228,448$35,395,242
50$40,608,631$23,401,058$19,797,484$38,566,617
51$44,673,229$24,470,227$20,383,217$42,046,528
52$49,149,975$25,589,345$20,986,132$45,865,914
53$54,080,831$26,760,782$21,606,726$50,058,850
54$59,512,038$27,987,023$22,245,514$54,662,862
55$65,494,550$29,270,670$22,903,022$59,719,286
56$72,084,514$30,614,453$23,579,793$65,273,649
57$79,343,805$32,021,232$24,276,387$71,376,102
58$87,340,603$33,494,003$24,993,376$78,081,882
59$96,150,043$35,035,907$25,731,352$85,451,838
60$105,854,917$36,650,236$26,490,922$93,552,998
61$116,546,462$38,340,441$27,272,711$102,459,201
62$128,325,216$40,110,138$28,077,362$112,251,786
63$141,301,970$41,963,117$28,905,536$123,020,362
64$155,598,812$43,903,350$29,757,913$134,863,645
65$171,350,279$45,935,003$30,635,191$147,890,389
66$188,704,628$48,062,438$31,538,090$162,220,406
67$207,825,234$50,290,232$32,467,350$177,985,695
68$228,892,133$52,623,178$33,423,732$195,331,682
69$252,103,721$55,066,304$34,408,017$214,418,589
70$277,678,625$57,624,877$35,421,010$235,422,940
71$305,857,770$60,304,421$36,463,539$258,539,226
72$336,906,649$63,110,724$37,536,454$283,981,730
73$371,117,832$66,049,855$38,640,630$311,986,549
74$408,813,727$69,128,174$39,776,967$342,813,816
75$450,349,623$72,352,350$40,946,391$376,750,148
76$496,117,042$75,729,373$42,149,853$414,111,347
77$546,547,438$79,266,570$43,388,331$455,245,374
78$602,116,268$82,971,623$44,662,831$500,535,629
79$663,347,480$86,852,586$45,974,389$550,404,559
80$730,818,460$90,917,899$47,324,067$605,317,643
81$805,165,479$95,176,412$48,712,960$665,787,778
82$887,089,706$99,637,405$50,142,192$732,380,110
83$977,363,821$104,310,602$51,612,920$805,717,362
84$1,076,839,310$109,206,201$53,126,333$886,485,707
85$1,186,454,508$114,334,893$54,683,653$975,441,233
86$1,307,243,450$119,707,885$56,286,137$1,073,417,075
87$1,440,345,637$125,336,926$57,935,078$1,181,331,264
88$1,587,016,792$131,234,337$59,631,804$1,300,195,391
89$1,748,640,717$137,413,031$61,377,681$1,431,124,142
90$1,926,742,351$143,886,550$63,174,114$1,575,345,811
91$2,123,002,170$150,669,090$65,022,546$1,734,213,883
92$2,339,272,051$157,775,536$66,924,462$1,909,219,802
93$2,577,592,756$165,221,493$68,881,387$2,102,007,035
94$2,840,213,194$173,023,323$70,894,890$2,314,386,577
95$3,129,611,655$181,198,181$72,966,584$2,548,354,035
96$3,448,519,206$189,764,053$75,098,127$2,806,108,449
97$3,799,945,472$198,739,799$77,291,221$3,090,073,041
98$4,187,207,052$208,145,191$79,547,619$3,402,918,076
99$4,613,958,829$218,000,963$81,869,122$3,747,586,053
100$5,084,228,472$228,328,853$84,257,580$4,127,319,469