Can I retire at age 40 with 14,400,000?

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 $14,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$1,189,139$1,178,546$1,168,212$1,158,125$1,148,276$1,102,717
2 years$588,682$577,719$567,093$556,791$546,798$501,463
3 years$388,557$377,546$366,947$356,741$346,911$303,227
4 years$288,513$277,536$267,043$257,012$247,420$205,720
5 years$228,503$217,592$207,237$197,410$188,085$148,474
6 years$188,509$177,680$167,478$157,870$148,825$111,330
7 years$159,953$149,215$139,175$129,794$121,035$85,641
8 years$138,546$127,905$118,031$108,881$100,410$67,082
9 years$121,905$111,364$101,660$92,742$84,560$53,247
10 years$108,600$98,162$88,630$79,945$72,049$42,690
11 years$97,721$87,388$78,028$69,576$61,965$34,491
12 years$88,662$78,435$69,248$61,027$53,697$28,035
13 years$81,002$70,882$61,869$53,878$46,825$22,897
14 years$74,442$64,430$55,589$47,827$41,047$18,771
15 years$68,762$58,858$50,190$42,653$36,141$15,437
16 years$63,797$54,001$45,504$38,191$31,941$12,726
17 years$59,421$49,733$41,407$34,315$28,321$10,513
18 years$55,535$45,955$37,799$30,924$25,182$8,699
19 years$52,063$42,591$34,603$27,943$22,445$7,208
20 years$48,941$39,578$31,757$25,308$20,048$5,979
21 years$46,120$36,865$29,211$22,968$17,941$4,964
22 years$43,560$34,412$26,922$20,883$16,082$4,125
23 years$41,225$32,185$24,858$19,019$14,436$3,429
24 years$39,088$30,155$22,989$17,346$12,975$2,853
25 years$37,125$28,299$21,293$15,842$11,676$2,374
26 years$35,316$26,597$19,748$14,485$10,517$1,977
27 years$33,644$25,031$18,338$13,258$9,482$1,646
28 years$32,094$23,586$17,047$12,147$8,556$1,371
29 years$30,654$22,251$15,864$11,139$7,726$1,142
30 years$29,312$21,014$14,777$10,223$6,981$952
31 years$28,059$19,865$13,776$9,389$6,311$793
32 years$26,887$18,796$12,853$8,629$5,709$661
33 years$25,788$17,800$12,001$7,935$5,167$551
34 years$24,756$16,871$11,213$7,301$4,678$460
35 years$23,785$16,002$10,483$6,721$4,237$383
36 years$22,871$15,188$9,807$6,190$3,839$319
37 years$22,007$14,425$9,179$5,703$3,479$266
38 years$21,191$13,709$8,596$5,257$3,154$222
39 years$20,419$13,036$8,053$4,847$2,860$185
40 years$19,687$12,402$7,548$4,471$2,594$154
41 years$18,993$11,806$7,078$4,125$2,354$129
42 years$18,333$11,244$6,639$3,807$2,136$107
43 years$17,706$10,713$6,230$3,514$1,938$90
44 years$17,109$10,212$5,848$3,245$1,759$75
45 years$16,540$9,738$5,491$2,996$1,597$62
46 years$15,998$9,289$5,157$2,768$1,450$52
47 years$15,480$8,865$4,845$2,557$1,317$43
48 years$14,985$8,463$4,553$2,363$1,196$36
49 years$14,512$8,081$4,280$2,184$1,086$30
50 years$14,059$7,720$4,024$2,018$987$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $14,400,000, adding $4,835 every year, while hoping to spend $23,052 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: 64/9/27 Blend
39$14,400,000$14,400,000$14,400,000$14,400,000
40$15,873,787$15,110,587$14,887,387$16,775,914
41$17,468,386$15,826,479$15,361,588$18,102,787
42$19,224,862$16,576,677$15,850,901$19,549,021
43$21,159,701$17,362,837$16,355,810$21,128,801
44$23,291,072$18,186,697$16,876,810$22,855,242
45$25,638,995$19,050,079$17,414,417$24,742,780
46$28,225,531$19,954,891$17,969,159$26,807,303
47$31,074,992$20,903,138$18,541,582$29,066,297
48$34,214,167$21,896,917$19,132,251$31,539,014
49$37,672,577$22,938,432$19,741,747$34,246,644
50$41,482,756$24,029,991$20,370,671$37,212,517
51$45,680,552$25,174,015$21,019,643$40,462,318
52$50,305,469$26,373,042$21,689,302$44,024,327
53$55,401,041$27,629,736$22,380,308$47,929,684
54$61,015,240$28,946,886$23,093,341$52,212,675
55$67,200,931$30,327,420$23,829,105$56,911,058
56$74,016,370$31,774,408$24,588,324$62,066,412
57$81,525,754$33,291,068$25,371,747$67,724,525
58$89,799,826$34,880,775$26,180,145$73,935,826
59$98,916,544$36,547,069$27,014,316$80,755,854
60$108,961,817$38,293,661$27,875,082$88,245,779
61$120,030,316$40,124,443$28,763,290$96,472,973
62$132,226,364$42,043,497$29,679,816$105,511,645
63$145,664,928$44,055,103$30,625,565$115,443,534
64$160,472,697$46,163,749$31,601,467$126,358,675
65$176,789,281$48,374,142$32,608,485$138,356,247
66$194,768,530$50,691,218$33,647,612$151,545,498
67$214,579,986$53,120,153$34,719,873$166,046,778
68$236,410,479$55,666,375$35,826,323$181,992,663
69$260,465,898$58,335,578$36,968,055$199,529,203
70$286,973,128$61,133,729$38,146,193$218,817,295
71$316,182,197$64,067,092$39,361,900$240,034,192
72$348,368,631$67,142,230$40,616,375$263,375,173
73$383,836,062$70,366,029$41,910,853$289,055,378
74$422,919,085$73,745,710$43,246,612$317,311,830
75$465,986,427$77,288,845$44,624,969$348,405,665
76$513,444,421$81,003,376$46,047,283$382,624,592
77$565,740,842$84,897,631$47,514,957$420,285,595
78$623,369,138$88,980,346$49,029,438$461,737,923
79$686,873,086$93,260,679$50,592,221$507,366,373
80$756,851,927$97,748,238$52,204,846$557,594,913
81$833,966,019$102,453,098$53,868,905$612,890,677
82$918,943,078$107,385,824$55,586,038$673,768,363
83$1,012,585,041$112,557,499$57,357,939$740,795,082
84$1,115,775,642$117,979,743$59,186,357$814,595,698
85$1,229,488,753$123,664,746$61,073,095$895,858,717
86$1,354,797,577$129,625,289$63,020,015$985,342,775
87$1,492,884,781$135,874,780$65,029,037$1,083,883,786
88$1,645,053,663$142,427,278$67,102,143$1,192,402,820
89$1,812,740,451$149,297,529$69,241,380$1,311,914,783
90$1,997,527,868$156,501,000$71,448,857$1,443,537,988
91$2,201,160,071$164,053,908$73,726,754$1,588,504,691
92$2,425,559,115$171,973,267$76,077,317$1,748,172,715
93$2,672,843,104$180,276,917$78,502,867$1,924,038,249
94$2,945,346,185$188,983,570$81,005,797$2,117,749,952
95$3,245,640,582$198,112,851$83,588,578$2,331,124,506
96$3,576,560,884$207,685,343$86,253,757$2,566,163,745
97$3,941,230,803$217,722,633$89,003,967$2,825,073,533
98$4,343,092,666$228,247,363$91,841,921$3,110,284,570
99$4,785,939,913$239,283,279$94,770,420$3,424,475,317
100$5,273,952,910$250,855,287$97,792,356$3,770,597,261