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

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 $14,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,135,228
2 years$592,771$581,731$571,031$560,658$550,595$529,491
3 years$391,255$380,167$369,495$359,219$349,320$328,791
4 years$290,517$279,463$268,898$258,797$249,138$229,342
5 years$230,090$219,103$208,676$198,781$189,391$170,385
6 years$189,818$178,914$168,641$158,967$149,859$131,664
7 years$161,064$150,252$140,141$130,695$121,875$104,497
8 years$139,508$128,793$118,851$109,637$101,107$84,541
9 years$122,752$112,138$102,366$93,386$85,147$69,383
10 years$109,354$98,844$89,245$80,500$72,549$57,574
11 years$98,400$87,995$78,570$70,059$62,395$48,190
12 years$89,277$78,980$69,729$61,451$54,070$40,617
13 years$81,565$71,374$62,298$54,252$47,150$34,428
14 years$74,959$64,877$55,975$48,159$41,332$29,317
15 years$69,240$59,267$50,538$42,949$36,392$25,061
16 years$64,240$54,376$45,820$38,457$32,163$21,492
17 years$59,834$50,078$41,695$34,553$28,518$18,481
18 years$55,921$46,275$38,062$31,139$25,357$15,928
19 years$52,424$42,887$34,844$28,137$22,601$13,754
20 years$49,281$39,852$31,978$25,483$20,188$11,897
21 years$46,441$37,121$29,413$23,128$18,066$10,305
22 years$43,862$34,651$27,109$21,028$16,193$8,937
23 years$41,511$32,408$25,030$19,151$14,536$7,759
24 years$39,360$30,365$23,149$17,467$13,065$6,742
25 years$37,383$28,496$21,441$15,952$11,757$5,863
26 years$35,562$26,781$19,885$14,585$10,590$5,102
27 years$33,878$25,204$18,465$13,350$9,548$4,442
28 years$32,317$23,750$17,166$12,232$8,615$3,870
29 years$30,867$22,405$15,974$11,217$7,779$3,373
30 years$29,516$21,160$14,879$10,294$7,029$2,940
31 years$28,254$20,003$13,871$9,454$6,355$2,564
32 years$27,074$18,927$12,942$8,689$5,749$2,237
33 years$25,967$17,924$12,084$7,990$5,202$1,952
34 years$24,928$16,988$11,291$7,352$4,710$1,704
35 years$23,951$16,113$10,556$6,768$4,266$1,488
36 years$23,029$15,293$9,875$6,233$3,865$1,299
37 years$22,160$14,525$9,243$5,743$3,503$1,134
38 years$21,338$13,804$8,656$5,293$3,176$991
39 years$20,561$13,126$8,109$4,881$2,880$865
40 years$19,824$12,489$7,601$4,502$2,612$756
41 years$19,125$11,888$7,127$4,153$2,370$660
42 years$18,461$11,322$6,686$3,833$2,151$577
43 years$17,829$10,787$6,273$3,538$1,952$504
44 years$17,228$10,282$5,889$3,267$1,772$440
45 years$16,655$9,805$5,529$3,017$1,608$385
46 years$16,109$9,354$5,193$2,787$1,460$336
47 years$15,588$8,926$4,879$2,575$1,326$294
48 years$15,089$8,521$4,585$2,379$1,204$257
49 years$14,613$8,138$4,310$2,199$1,094$224
50 years$14,157$7,773$4,052$2,032$993$196

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 $5,322 every year, while hoping to spend $31,692 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: 57/21/22 Blend
39$14,500,000$14,500,000$14,500,000$14,500,000
40$15,984,490$15,215,990$14,991,240$16,800,570
41$17,581,188$15,927,853$15,459,726$18,069,828
42$19,339,686$16,673,536$15,942,845$19,448,605
43$21,276,457$17,454,661$16,441,052$20,950,602
44$23,409,647$18,272,931$16,954,819$22,587,702
45$25,759,257$19,130,131$17,484,632$24,372,971
46$28,347,325$20,028,131$18,030,991$26,320,777
47$31,198,136$20,968,893$18,594,413$28,446,925
48$34,338,450$21,954,473$19,175,429$30,768,798
49$37,797,756$22,987,027$19,774,591$33,305,519
50$41,608,550$24,068,814$20,392,462$36,078,127
51$45,806,641$25,202,204$21,029,629$39,109,769
52$50,431,489$26,389,683$21,686,692$42,425,917
53$55,526,577$27,633,854$22,364,272$46,054,599
54$61,139,823$28,937,448$23,063,010$50,026,661
55$67,324,031$30,303,328$23,783,567$54,376,052
56$74,137,388$31,734,497$24,526,622$59,140,139
57$81,644,016$33,234,102$25,292,879$64,360,052
58$89,914,575$34,805,443$26,083,060$70,081,068
59$99,026,932$36,451,980$26,897,913$76,353,029
60$109,066,893$38,177,341$27,738,207$83,230,808
61$120,129,016$39,985,330$28,604,736$90,774,820
62$132,317,499$41,879,935$29,498,319$99,051,580
63$145,747,171$43,865,339$30,419,799$108,134,330
64$160,544,568$45,945,926$31,370,048$118,103,717
65$176,849,132$48,126,294$32,349,962$129,048,546
66$194,814,525$50,411,265$33,360,468$141,066,613
67$214,610,082$52,805,892$34,402,519$154,265,612
68$236,422,407$55,315,477$35,477,100$168,764,150
69$260,457,135$57,945,578$36,585,225$184,692,850
70$286,940,874$60,702,022$37,727,942$202,195,574
71$316,123,343$63,590,922$38,906,328$221,430,773
72$348,279,731$66,618,684$40,121,497$242,572,970
73$383,713,292$69,792,028$41,374,596$265,814,391
74$422,758,211$73,118,001$42,666,808$291,366,772
75$465,782,756$76,603,990$43,999,353$319,463,344
76$513,192,756$80,257,744$45,373,490$350,361,015
77$565,435,431$84,087,387$46,790,516$384,342,788
78$623,003,614$88,101,439$48,251,767$421,720,413
79$686,440,406$92,308,832$49,758,625$462,837,314
80$756,344,299$96,718,937$51,312,510$508,071,815
81$833,374,828$101,341,576$52,914,890$557,840,696
82$918,258,799$106,187,051$54,567,277$612,603,105
83$1,011,797,147$111,266,167$56,271,232$672,864,877
84$1,114,872,498$116,590,252$58,028,360$739,183,285
85$1,228,457,505$122,171,186$59,840,323$812,172,287
86$1,353,624,025$128,021,429$61,708,828$892,508,292
87$1,491,553,242$134,154,045$63,635,639$980,936,528
88$1,643,546,814$140,582,735$65,622,575$1,078,278,052
89$1,811,039,169$147,321,868$67,671,511$1,185,437,475
90$1,995,611,036$154,386,512$69,784,379$1,303,411,478
91$2,199,004,379$161,792,468$71,963,173$1,433,298,191
92$2,423,138,835$169,556,309$74,209,949$1,576,307,534
93$2,670,129,840$177,695,412$76,526,826$1,733,772,606
94$2,942,308,599$186,228,002$78,915,989$1,907,162,245
95$3,242,244,095$195,173,193$81,379,694$2,098,094,852
96$3,572,767,343$204,551,029$83,920,263$2,308,353,647
97$3,936,998,113$214,382,531$86,540,094$2,539,903,459
98$4,338,374,390$224,689,745$89,241,656$2,794,909,242
99$4,780,684,825$235,495,789$92,027,499$3,075,756,471
100$5,268,104,506$246,824,912$94,900,249$3,385,073,625