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%17.2%
1 years$1,189,139$1,178,546$1,168,212$1,158,125$1,148,276$1,114,646
2 years$588,682$577,719$567,093$556,791$546,798$513,189
3 years$388,557$377,546$366,947$356,741$346,911$314,376
4 years$288,513$277,536$267,043$257,012$247,420$216,208
5 years$228,503$217,592$207,237$197,410$188,085$158,282
6 years$188,509$177,680$167,478$157,870$148,825$120,458
7 years$159,953$149,215$139,175$129,794$121,035$94,103
8 years$138,546$127,905$118,031$108,881$100,410$74,897
9 years$121,905$111,364$101,660$92,742$84,560$60,440
10 years$108,600$98,162$88,630$79,945$72,049$49,290
11 years$97,721$87,388$78,028$69,576$61,965$40,527
12 years$88,662$78,435$69,248$61,027$53,697$33,539
13 years$81,002$70,882$61,869$53,878$46,825$27,901
14 years$74,442$64,430$55,589$47,827$41,047$23,308
15 years$68,762$58,858$50,190$42,653$36,141$19,539
16 years$63,797$54,001$45,504$38,191$31,941$16,426
17 years$59,421$49,733$41,407$34,315$28,321$13,841
18 years$55,535$45,955$37,799$30,924$25,182$11,686
19 years$52,063$42,591$34,603$27,943$22,445$9,883
20 years$48,941$39,578$31,757$25,308$20,048$8,369
21 years$46,120$36,865$29,211$22,968$17,941$7,095
22 years$43,560$34,412$26,922$20,883$16,082$6,021
23 years$41,225$32,185$24,858$19,019$14,436$5,114
24 years$39,088$30,155$22,989$17,346$12,975$4,346
25 years$37,125$28,299$21,293$15,842$11,676$3,696
26 years$35,316$26,597$19,748$14,485$10,517$3,145
27 years$33,644$25,031$18,338$13,258$9,482$2,677
28 years$32,094$23,586$17,047$12,147$8,556$2,279
29 years$30,654$22,251$15,864$11,139$7,726$1,942
30 years$29,312$21,014$14,777$10,223$6,981$1,654
31 years$28,059$19,865$13,776$9,389$6,311$1,410
32 years$26,887$18,796$12,853$8,629$5,709$1,201
33 years$25,788$17,800$12,001$7,935$5,167$1,024
34 years$24,756$16,871$11,213$7,301$4,678$873
35 years$23,785$16,002$10,483$6,721$4,237$745
36 years$22,871$15,188$9,807$6,190$3,839$635
37 years$22,007$14,425$9,179$5,703$3,479$541
38 years$21,191$13,709$8,596$5,257$3,154$462
39 years$20,419$13,036$8,053$4,847$2,860$394
40 years$19,687$12,402$7,548$4,471$2,594$336
41 years$18,993$11,806$7,078$4,125$2,354$287
42 years$18,333$11,244$6,639$3,807$2,136$244
43 years$17,706$10,713$6,230$3,514$1,938$209
44 years$17,109$10,212$5,848$3,245$1,759$178
45 years$16,540$9,738$5,491$2,996$1,597$152
46 years$15,998$9,289$5,157$2,768$1,450$130
47 years$15,480$8,865$4,845$2,557$1,317$110
48 years$14,985$8,463$4,553$2,363$1,196$94
49 years$14,512$8,081$4,280$2,184$1,086$80
50 years$14,059$7,720$4,024$2,018$987$69

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 $2,771 every year, while hoping to spend $47,383 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: 43/44/13 Blend
39$14,400,000$14,400,000$14,400,000$14,400,000
40$15,871,658$15,108,458$14,885,258$16,494,113
41$17,440,152$15,798,358$15,333,499$17,619,731
42$19,167,045$16,520,474$15,795,168$18,833,474
43$21,068,442$17,276,336$16,270,665$20,147,345
44$23,162,092$18,067,545$16,760,401$21,570,549
45$25,467,551$18,895,781$17,264,801$23,113,185
46$28,006,370$19,762,802$17,784,300$24,786,335
47$30,802,293$20,670,454$18,319,348$26,602,162
48$33,881,488$21,620,667$18,870,407$28,574,021
49$37,272,788$22,615,467$19,437,953$30,716,573
50$41,007,964$23,656,977$20,022,477$33,045,919
51$45,122,030$24,747,422$20,624,483$35,579,745
52$49,653,564$25,889,134$21,244,491$38,337,478
53$54,645,082$27,084,555$21,883,035$41,340,465
54$60,143,430$28,336,248$22,540,666$44,612,160
55$66,200,232$29,646,897$23,217,952$48,178,342
56$72,872,378$31,019,316$23,915,475$52,067,346
57$80,222,553$32,456,456$24,633,836$56,310,317
58$88,319,837$33,961,406$25,373,653$60,941,502
59$97,240,355$35,537,409$26,135,564$65,998,552
60$107,067,989$37,187,860$26,920,224$71,522,874
61$117,895,179$38,916,321$27,728,307$77,560,004
62$129,823,790$40,726,523$28,560,508$84,160,029
63$142,966,074$42,622,379$29,417,542$91,378,042
64$157,445,728$44,607,990$30,300,144$99,274,651
65$173,399,066$46,687,656$31,209,073$107,916,536
66$190,976,301$48,865,882$32,145,107$117,377,061
67$210,342,967$51,147,393$33,109,051$127,736,954
68$231,681,475$53,537,140$34,101,730$139,085,051
69$255,192,842$56,040,317$35,123,995$151,519,116
70$281,098,584$58,662,365$36,176,721$165,146,746
71$309,642,808$61,408,989$37,260,809$180,086,370
72$341,094,516$64,286,171$38,377,188$196,468,340
73$375,750,145$67,300,182$39,526,812$214,436,151
74$413,936,364$70,457,595$40,710,664$234,147,763
75$456,013,158$73,765,301$41,929,756$255,777,077
76$502,377,226$77,230,527$43,185,129$279,515,548
77$553,465,727$80,860,847$44,477,854$305,573,968
78$609,760,404$84,664,202$45,809,036$334,184,429
79$671,792,136$88,648,919$47,179,810$365,602,491
80$740,145,944$92,823,726$48,591,343$400,109,557
81$815,466,517$97,197,775$50,044,840$438,015,506
82$898,464,298$101,780,662$51,541,538$479,661,584
83$989,922,188$106,582,446$53,082,712$525,423,591
84$1,090,702,941$111,613,676$54,669,672$575,715,397
85$1,201,757,305$116,885,410$56,303,770$630,992,808
86$1,324,132,997$122,409,242$57,986,394$691,757,837
87$1,458,984,599$128,197,331$59,718,973$758,563,395
88$1,607,584,449$134,262,422$61,502,981$832,018,475
89$1,771,334,663$140,617,880$63,339,930$912,793,856
90$1,951,780,361$147,277,718$65,231,380$1,001,628,386
91$2,150,624,261$154,256,630$67,178,935$1,099,335,914
92$2,369,742,752$161,570,021$69,184,245$1,206,812,916
93$2,611,203,605$169,234,045$71,249,010$1,325,046,914
94$2,877,285,500$177,265,639$73,374,979$1,455,125,733
95$3,170,499,529$185,682,565$75,563,949$1,598,247,722
96$3,493,612,914$194,503,443$77,817,774$1,755,732,998
97$3,849,675,120$203,747,800$80,138,358$1,929,035,853
98$4,242,046,652$213,436,113$82,527,663$2,119,758,410
99$4,674,430,778$223,589,850$84,987,707$2,329,665,679
100$5,150,908,489$234,231,524$87,520,567$2,560,702,150