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

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 $14,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$1,189,139$1,178,546$1,168,212$1,158,125$1,148,276$1,126,013
2 years$588,682$577,719$567,093$556,791$546,798$524,459
3 years$388,557$377,546$366,947$356,741$346,911$325,192
4 years$288,513$277,536$267,043$257,012$247,420$226,488
5 years$228,503$217,592$207,237$197,410$188,085$168,000
6 years$188,509$177,680$167,478$157,870$148,825$129,610
7 years$159,953$149,215$139,175$129,794$121,035$102,694
8 years$138,546$127,905$118,031$108,881$100,410$82,938
9 years$121,905$111,364$101,660$92,742$84,560$67,945
10 years$108,600$98,162$88,630$79,945$72,049$56,277
11 years$97,721$87,388$78,028$69,576$61,965$47,016
12 years$88,662$78,435$69,248$61,027$53,697$39,550
13 years$81,002$70,882$61,869$53,878$46,825$33,457
14 years$74,442$64,430$55,589$47,827$41,047$28,433
15 years$68,762$58,858$50,190$42,653$36,141$24,255
16 years$63,797$54,001$45,504$38,191$31,941$20,756
17 years$59,421$49,733$41,407$34,315$28,321$17,810
18 years$55,535$45,955$37,799$30,924$25,182$15,316
19 years$52,063$42,591$34,603$27,943$22,445$13,197
20 years$48,941$39,578$31,757$25,308$20,048$11,389
21 years$46,120$36,865$29,211$22,968$17,941$9,843
22 years$43,560$34,412$26,922$20,883$16,082$8,516
23 years$41,225$32,185$24,858$19,019$14,436$7,376
24 years$39,088$30,155$22,989$17,346$12,975$6,394
25 years$37,125$28,299$21,293$15,842$11,676$5,547
26 years$35,316$26,597$19,748$14,485$10,517$4,816
27 years$33,644$25,031$18,338$13,258$9,482$4,183
28 years$32,094$23,586$17,047$12,147$8,556$3,635
29 years$30,654$22,251$15,864$11,139$7,726$3,160
30 years$29,312$21,014$14,777$10,223$6,981$2,749
31 years$28,059$19,865$13,776$9,389$6,311$2,391
32 years$26,887$18,796$12,853$8,629$5,709$2,081
33 years$25,788$17,800$12,001$7,935$5,167$1,811
34 years$24,756$16,871$11,213$7,301$4,678$1,577
35 years$23,785$16,002$10,483$6,721$4,237$1,373
36 years$22,871$15,188$9,807$6,190$3,839$1,196
37 years$22,007$14,425$9,179$5,703$3,479$1,042
38 years$21,191$13,709$8,596$5,257$3,154$907
39 years$20,419$13,036$8,053$4,847$2,860$791
40 years$19,687$12,402$7,548$4,471$2,594$689
41 years$18,993$11,806$7,078$4,125$2,354$600
42 years$18,333$11,244$6,639$3,807$2,136$523
43 years$17,706$10,713$6,230$3,514$1,938$456
44 years$17,109$10,212$5,848$3,245$1,759$397
45 years$16,540$9,738$5,491$2,996$1,597$346
46 years$15,998$9,289$5,157$2,768$1,450$302
47 years$15,480$8,865$4,845$2,557$1,317$263
48 years$14,985$8,463$4,553$2,363$1,196$229
49 years$14,512$8,081$4,280$2,184$1,086$200
50 years$14,059$7,720$4,024$2,018$987$174

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 $5,253 every year, while hoping to spend $44,513 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: 49/23/28 Blend
39$14,400,000$14,400,000$14,400,000$14,400,000
40$15,874,218$15,111,018$14,887,818$16,525,450
41$17,446,027$15,804,097$15,339,199$17,675,763
42$19,176,669$16,529,644$15,804,209$18,919,997
43$21,082,297$17,289,205$16,283,257$20,270,993
44$23,180,711$18,084,396$16,776,767$21,738,875
45$25,491,527$18,916,914$17,285,172$23,334,769
46$28,036,357$19,788,537$17,808,919$25,070,904
47$30,839,017$20,701,128$18,348,470$26,960,723
48$33,925,752$21,656,638$18,904,298$29,019,007
49$37,325,480$22,657,114$19,476,894$31,262,005
50$41,070,068$23,704,702$20,066,759$33,707,590
51$45,194,632$24,801,650$20,674,413$36,375,414
52$49,737,867$25,950,313$21,300,388$39,287,097
53$54,742,414$27,153,163$21,945,235$42,466,418
54$60,255,260$28,412,788$22,609,520$45,939,538
55$66,328,183$29,731,901$23,293,826$49,735,240
56$73,018,242$31,113,348$23,998,754$53,885,194
57$80,388,311$32,560,111$24,724,920$58,424,250
58$88,507,677$34,075,314$25,472,963$63,390,760
59$97,452,690$35,662,235$26,243,537$68,826,932
60$107,307,487$37,324,307$27,037,319$74,779,222
61$118,164,785$39,065,132$27,855,003$81,298,766
62$130,126,752$40,888,483$28,697,305$88,441,850
63$143,305,979$42,798,317$29,564,963$96,270,440
64$157,826,535$44,798,781$30,458,735$104,852,750
65$173,825,144$46,894,223$31,379,405$114,263,884
66$191,452,470$49,089,201$32,327,776$124,586,532
67$210,874,544$51,388,494$33,304,679$135,911,739
68$232,274,328$53,797,111$34,310,966$148,339,756
69$255,853,443$56,320,303$35,347,517$161,980,978
70$281,834,073$58,963,577$36,415,238$176,956,969
71$310,461,060$61,732,703$37,515,060$193,401,602
72$342,004,216$64,633,734$38,647,942$211,462,308
73$376,760,873$67,673,014$39,814,875$231,301,457
74$415,058,684$70,857,193$41,016,875$253,097,875
75$457,258,719$74,193,245$42,254,990$277,048,519
76$503,758,876$77,688,482$43,530,300$303,370,321
77$554,997,632$81,350,568$44,843,915$332,302,222
78$611,458,184$85,187,539$46,196,980$364,107,408
79$673,673,013$89,207,823$47,590,673$399,075,784
80$742,228,906$93,420,252$49,026,206$437,526,685
81$817,772,499$97,834,089$50,504,829$479,811,878
82$901,016,381$102,459,046$52,027,828$526,318,862
83$992,745,817$107,305,305$53,596,526$577,474,506
84$1,093,826,168$112,383,543$55,212,287$633,749,057
85$1,205,211,054$117,704,953$56,876,515$695,660,558
86$1,327,951,358$123,281,272$58,590,655$763,779,717
87$1,463,205,150$129,124,808$60,356,195$838,735,266
88$1,612,248,615$135,248,463$62,174,667$921,219,879
89$1,776,488,105$141,665,769$64,047,650$1,011,996,679
90$1,957,473,411$148,390,911$65,976,766$1,111,906,414
91$2,156,912,400$155,438,767$67,963,688$1,221,875,373
92$2,376,687,132$162,824,933$70,010,139$1,342,924,092
93$2,618,871,631$170,565,767$72,117,890$1,476,176,962
94$2,885,751,465$178,678,417$74,288,767$1,622,872,810
95$3,179,845,322$187,180,867$76,524,648$1,784,376,562
96$3,503,928,789$196,091,974$78,827,469$1,962,192,088
97$3,861,060,557$205,431,512$81,199,220$2,157,976,368
98$4,254,611,292$215,220,214$83,641,952$2,373,555,090
99$4,688,295,463$225,479,824$86,157,777$2,610,939,851
100$5,166,206,404$236,233,139$88,748,866$2,872,347,100