Can I retire at age 40 with 14,500,000?

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 $14,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,148,963
2 years$592,771$581,731$571,031$560,658$550,595$543,245
3 years$391,255$380,167$369,495$359,219$349,320$342,134
4 years$290,517$279,463$268,898$258,797$249,138$242,171
5 years$230,090$219,103$208,676$198,781$189,391$182,664
6 years$189,818$178,914$168,641$158,967$149,859$143,381
7 years$161,064$150,252$140,141$130,695$121,875$115,649
8 years$139,508$128,793$118,851$109,637$101,107$95,133
9 years$122,752$112,138$102,366$93,386$85,147$79,423
10 years$109,354$98,844$89,245$80,500$72,549$67,073
11 years$98,400$87,995$78,570$70,059$62,395$57,163
12 years$89,277$78,980$69,729$61,451$54,070$49,077
13 years$81,565$71,374$62,298$54,252$47,150$42,391
14 years$74,959$64,877$55,975$48,159$41,332$36,801
15 years$69,240$59,267$50,538$42,949$36,392$32,084
16 years$64,240$54,376$45,820$38,457$32,163$28,072
17 years$59,834$50,078$41,695$34,553$28,518$24,637
18 years$55,921$46,275$38,062$31,139$25,357$21,679
19 years$52,424$42,887$34,844$28,137$22,601$19,119
20 years$49,281$39,852$31,978$25,483$20,188$16,895
21 years$46,441$37,121$29,413$23,128$18,066$14,955
22 years$43,862$34,651$27,109$21,028$16,193$13,258
23 years$41,511$32,408$25,030$19,151$14,536$11,769
24 years$39,360$30,365$23,149$17,467$13,065$10,459
25 years$37,383$28,496$21,441$15,952$11,757$9,304
26 years$35,562$26,781$19,885$14,585$10,590$8,285
27 years$33,878$25,204$18,465$13,350$9,548$7,382
28 years$32,317$23,750$17,166$12,232$8,615$6,583
29 years$30,867$22,405$15,974$11,217$7,779$5,874
30 years$29,516$21,160$14,879$10,294$7,029$5,244
31 years$28,254$20,003$13,871$9,454$6,355$4,684
32 years$27,074$18,927$12,942$8,689$5,749$4,186
33 years$25,967$17,924$12,084$7,990$5,202$3,742
34 years$24,928$16,988$11,291$7,352$4,710$3,346
35 years$23,951$16,113$10,556$6,768$4,266$2,993
36 years$23,029$15,293$9,875$6,233$3,865$2,678
37 years$22,160$14,525$9,243$5,743$3,503$2,397
38 years$21,338$13,804$8,656$5,293$3,176$2,146
39 years$20,561$13,126$8,109$4,881$2,880$1,921
40 years$19,824$12,489$7,601$4,502$2,612$1,720
41 years$19,125$11,888$7,127$4,153$2,370$1,541
42 years$18,461$11,322$6,686$3,833$2,151$1,380
43 years$17,829$10,787$6,273$3,538$1,952$1,237
44 years$17,228$10,282$5,889$3,267$1,772$1,108
45 years$16,655$9,805$5,529$3,017$1,608$993
46 years$16,109$9,354$5,193$2,787$1,460$890
47 years$15,588$8,926$4,879$2,575$1,326$797
48 years$15,089$8,521$4,585$2,379$1,204$715
49 years$14,613$8,138$4,310$2,199$1,094$641
50 years$14,157$7,773$4,052$2,032$993$574

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $14,500,000, adding $4,268 every year, while hoping to spend $22,955 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: 48/45/7 Blend
39$14,500,000$14,500,000$14,500,000$14,500,000
40$15,983,402$15,214,902$14,990,152$16,720,915
41$17,589,286$15,936,009$15,467,899$17,947,438
42$19,358,199$16,691,680$15,960,880$19,275,559
43$21,306,749$17,483,585$16,469,583$20,716,943
44$23,453,232$18,313,475$16,994,508$22,282,132
45$25,817,812$19,183,186$17,536,174$23,982,695
46$28,422,707$20,094,641$18,095,115$25,831,334
47$31,292,404$21,049,859$18,671,882$27,841,992
48$34,453,884$22,050,957$19,267,045$30,029,981
49$37,936,878$23,100,152$19,881,189$32,412,118
50$41,774,152$24,199,771$20,514,921$35,006,878
51$46,001,810$25,352,255$21,168,866$37,834,554
52$50,659,641$26,560,162$21,843,669$40,917,448
53$55,791,488$27,826,173$22,539,995$44,280,066
54$61,445,668$29,153,104$23,258,533$47,949,343
55$67,675,422$30,543,902$23,999,990$51,954,885
56$74,539,424$32,001,662$24,765,098$56,329,242
57$82,102,328$33,529,626$25,554,612$61,108,199
58$90,435,386$35,131,198$26,369,312$66,331,107
59$99,617,111$36,809,943$27,210,000$72,041,239
60$109,734,028$38,569,602$28,077,507$78,286,189
61$120,881,484$40,414,097$28,972,688$85,118,305
62$133,164,550$42,347,542$29,896,427$92,595,171
63$146,699,013$44,374,251$30,849,636$100,780,136
64$161,612,468$46,498,745$31,833,256$109,742,897
65$178,045,527$48,725,770$32,848,256$119,560,140
66$196,153,137$51,060,300$33,895,640$130,316,249
67$216,106,054$53,507,551$34,976,440$142,104,081
68$238,092,444$56,072,995$36,091,724$155,025,831
69$262,319,670$58,762,367$37,242,593$169,193,973
70$289,016,238$61,581,685$38,430,182$184,732,300
71$318,433,966$64,537,259$39,655,664$201,777,076
72$350,850,351$67,635,705$40,920,249$220,478,298
73$386,571,195$70,883,963$42,225,186$241,001,089
74$425,933,489$74,289,310$43,571,762$263,527,232
75$469,308,597$77,859,378$44,961,308$288,256,863
76$517,105,757$81,602,171$46,395,195$315,410,331
77$569,775,949$85,526,082$47,874,839$345,230,250
78$627,816,152$89,639,916$49,401,702$377,983,764
79$691,774,031$93,952,903$50,977,291$413,965,034
80$762,253,114$98,474,727$52,603,162$453,497,983
81$839,918,484$103,215,542$54,280,921$496,939,326
82$925,503,063$108,185,996$56,012,224$544,681,894
83$1,019,814,524$113,397,259$57,798,783$597,158,311
84$1,123,742,924$118,861,043$59,642,360$654,845,038
85$1,238,269,101$124,589,633$61,544,779$718,266,830
86$1,364,473,937$130,595,913$63,507,916$788,001,648
87$1,503,548,560$136,893,394$65,533,713$864,686,071
88$1,656,805,590$143,496,248$67,624,170$949,021,256
89$1,825,691,533$150,419,336$69,781,351$1,041,779,512
90$2,011,800,432$157,678,247$72,007,390$1,143,811,537
91$2,216,888,923$165,289,327$74,304,484$1,256,054,396
92$2,442,892,812$173,269,723$76,674,903$1,379,540,314
93$2,691,945,356$181,637,417$79,120,990$1,515,406,354
94$2,966,397,401$190,411,269$81,645,161$1,664,905,098
95$3,268,839,572$199,611,058$84,249,911$1,829,416,403
96$3,602,126,739$209,257,530$86,937,813$2,010,460,357
97$3,969,404,962$219,372,444$89,711,525$2,209,711,566
98$4,374,141,193$229,978,619$92,573,787$2,429,014,879
99$4,820,156,014$241,099,990$95,527,427$2,670,402,733
100$5,311,659,697$252,761,660$98,575,366$2,936,114,257