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%12.1%
1 years$1,189,139$1,178,546$1,168,212$1,158,125$1,148,276$1,138,180
2 years$588,682$577,719$567,093$556,791$546,798$536,624
3 years$388,557$377,546$366,947$356,741$346,911$336,975
4 years$288,513$277,536$267,043$257,012$247,420$237,798
5 years$228,503$217,592$207,237$197,410$188,085$178,805
6 years$188,509$177,680$167,478$157,870$148,825$139,899
7 years$159,953$149,215$139,175$129,794$121,035$112,467
8 years$138,546$127,905$118,031$108,881$100,410$92,200
9 years$121,905$111,364$101,660$92,742$84,560$76,705
10 years$108,600$98,162$88,630$79,945$72,049$64,545
11 years$97,721$87,388$78,028$69,576$61,965$54,806
12 years$88,662$78,435$69,248$61,027$53,697$46,877
13 years$81,002$70,882$61,869$53,878$46,825$40,335
14 years$74,442$64,430$55,589$47,827$41,047$34,879
15 years$68,762$58,858$50,190$42,653$36,141$30,286
16 years$63,797$54,001$45,504$38,191$31,941$26,390
17 years$59,421$49,733$41,407$34,315$28,321$23,065
18 years$55,535$45,955$37,799$30,924$25,182$20,210
19 years$52,063$42,591$34,603$27,943$22,445$17,747
20 years$48,941$39,578$31,757$25,308$20,048$15,614
21 years$46,120$36,865$29,211$22,968$17,941$13,761
22 years$43,560$34,412$26,922$20,883$16,082$12,144
23 years$41,225$32,185$24,858$19,019$14,436$10,731
24 years$39,088$30,155$22,989$17,346$12,975$9,493
25 years$37,125$28,299$21,293$15,842$11,676$8,406
26 years$35,316$26,597$19,748$14,485$10,517$7,450
27 years$33,644$25,031$18,338$13,258$9,482$6,607
28 years$32,094$23,586$17,047$12,147$8,556$5,863
29 years$30,654$22,251$15,864$11,139$7,726$5,207
30 years$29,312$21,014$14,777$10,223$6,981$4,626
31 years$28,059$19,865$13,776$9,389$6,311$4,111
32 years$26,887$18,796$12,853$8,629$5,709$3,656
33 years$25,788$17,800$12,001$7,935$5,167$3,252
34 years$24,756$16,871$11,213$7,301$4,678$2,894
35 years$23,785$16,002$10,483$6,721$4,237$2,575
36 years$22,871$15,188$9,807$6,190$3,839$2,293
37 years$22,007$14,425$9,179$5,703$3,479$2,042
38 years$21,191$13,709$8,596$5,257$3,154$1,818
39 years$20,419$13,036$8,053$4,847$2,860$1,620
40 years$19,687$12,402$7,548$4,471$2,594$1,443
41 years$18,993$11,806$7,078$4,125$2,354$1,286
42 years$18,333$11,244$6,639$3,807$2,136$1,146
43 years$17,706$10,713$6,230$3,514$1,938$1,021
44 years$17,109$10,212$5,848$3,245$1,759$910
45 years$16,540$9,738$5,491$2,996$1,597$812
46 years$15,998$9,289$5,157$2,768$1,450$723
47 years$15,480$8,865$4,845$2,557$1,317$645
48 years$14,985$8,463$4,553$2,363$1,196$575
49 years$14,512$8,081$4,280$2,184$1,086$513
50 years$14,059$7,720$4,024$2,018$987$457

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 $5,325 every year, while hoping to spend $56,160 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: 64/26/10 Blend
39$14,400,000$14,400,000$14,400,000$14,400,000
40$15,874,293$15,111,093$14,887,893$16,855,437
41$17,433,717$15,791,782$15,326,883$18,191,598
42$19,150,320$16,503,944$15,778,698$19,643,367
43$21,040,075$17,249,059$16,243,707$21,227,613
44$23,120,582$18,028,683$16,722,291$22,957,212
45$25,411,236$18,844,442$17,214,841$24,846,328
46$27,933,405$19,698,043$17,721,762$26,910,538
47$30,710,637$20,591,272$18,243,466$29,166,981
48$33,768,880$21,526,003$18,780,380$31,634,511
49$37,136,725$22,504,196$19,332,942$34,333,875
50$40,845,678$23,527,909$19,901,602$37,287,900
51$44,930,456$24,599,295$20,486,825$40,521,707
52$49,429,314$25,720,613$21,089,085$44,062,943
53$54,384,409$26,894,227$21,708,874$47,942,034
54$59,842,192$28,122,618$22,346,695$52,192,472
55$65,853,853$29,408,383$23,003,066$56,851,120
56$72,475,797$30,754,245$23,678,520$61,958,560
57$79,770,182$32,163,056$24,373,604$67,559,464
58$87,805,503$33,637,808$25,088,882$73,703,014
59$96,657,237$35,181,634$25,824,933$80,443,359
60$106,408,559$36,797,818$26,582,352$87,840,116
61$117,151,123$38,489,802$27,361,751$95,958,931
62$128,985,928$40,261,193$28,163,761$104,872,084
63$142,024,274$42,115,772$28,989,028$114,659,171
64$156,388,806$44,057,502$29,838,217$125,407,842
65$172,214,680$46,090,535$30,712,012$137,214,624
66$189,650,831$48,219,224$31,611,118$150,185,816
67$208,861,382$50,448,133$32,536,257$164,438,491
68$230,027,193$52,782,042$33,488,172$180,101,588
69$253,347,569$55,225,964$34,467,628$197,317,119
70$279,042,137$57,785,152$35,475,410$216,241,496
71$307,352,925$60,465,114$36,512,325$237,047,003
72$338,546,640$63,271,622$37,579,205$259,923,404
73$372,917,191$66,210,725$38,676,903$285,079,725
74$410,788,461$69,288,767$39,806,295$312,746,215
75$452,517,362$72,512,395$40,968,284$343,176,504
76$498,497,208$75,888,577$42,163,797$376,649,986
77$549,161,425$79,424,620$43,393,786$413,474,438
78$604,987,644$83,128,179$44,659,231$453,988,914
79$666,502,207$87,007,284$45,961,139$498,566,927
80$734,285,140$91,070,348$47,300,544$547,619,959
81$808,975,622$95,326,193$48,678,511$601,601,327
82$891,278,025$99,784,066$50,096,130$661,010,447
83$981,968,560$104,453,662$51,554,528$726,397,526
84$1,081,902,606$109,345,144$53,054,857$798,368,734
85$1,192,022,782$114,469,166$54,598,305$877,591,914
86$1,313,367,848$119,836,898$56,186,090$964,802,855
87$1,447,082,511$125,460,048$57,819,467$1,060,812,218
88$1,594,428,231$131,350,895$59,499,723$1,166,513,169
89$1,756,795,128$137,522,306$61,228,181$1,282,889,780
90$1,935,715,109$143,987,776$63,006,203$1,411,026,293
91$2,132,876,324$150,761,451$64,835,184$1,552,117,332
92$2,350,139,108$157,858,162$66,716,562$1,707,479,148
93$2,589,553,543$165,293,457$68,651,813$1,878,562,016
94$2,853,378,807$173,083,640$70,642,452$2,066,963,894
95$3,144,104,509$181,245,802$72,690,038$2,274,445,476
96$3,464,474,186$189,797,863$74,796,171$2,502,946,777
97$3,817,511,207$198,758,613$76,962,497$2,754,605,415
98$4,206,547,315$208,147,750$79,190,705$3,031,776,750
99$4,635,254,080$217,985,928$81,482,532$3,337,056,079
100$5,107,677,561$228,294,804$83,839,762$3,673,303,100