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%18%
1 years$1,197,396$1,186,731$1,176,325$1,166,168$1,156,250$1,118,790
2 years$592,771$581,731$571,031$560,658$550,595$513,207
3 years$391,255$380,167$369,495$359,219$349,320$313,176
4 years$290,517$279,463$268,898$258,797$249,138$214,515
5 years$230,090$219,103$208,676$198,781$189,391$156,382
6 years$189,818$178,914$168,641$158,967$149,859$118,491
7 years$161,064$150,252$140,141$130,695$121,875$92,146
8 years$139,508$128,793$118,851$109,637$101,107$72,995
9 years$122,752$112,138$102,366$93,386$85,147$58,619
10 years$109,354$98,844$89,245$80,500$72,549$47,565
11 years$98,400$87,995$78,570$70,059$62,395$38,907
12 years$89,277$78,980$69,729$61,451$54,070$32,029
13 years$81,565$71,374$62,298$54,252$47,150$26,500
14 years$74,959$64,877$55,975$48,159$41,332$22,016
15 years$69,240$59,267$50,538$42,949$36,392$18,351
16 years$64,240$54,376$45,820$38,457$32,163$15,339
17 years$59,834$50,078$41,695$34,553$28,518$12,850
18 years$55,921$46,275$38,062$31,139$25,357$10,785
19 years$52,424$42,887$34,844$28,137$22,601$9,065
20 years$49,281$39,852$31,978$25,483$20,188$7,630
21 years$46,441$37,121$29,413$23,128$18,066$6,429
22 years$43,862$34,651$27,109$21,028$16,193$5,422
23 years$41,511$32,408$25,030$19,151$14,536$4,576
24 years$39,360$30,365$23,149$17,467$13,065$3,865
25 years$37,383$28,496$21,441$15,952$11,757$3,266
26 years$35,562$26,781$19,885$14,585$10,590$2,761
27 years$33,878$25,204$18,465$13,350$9,548$2,335
28 years$32,317$23,750$17,166$12,232$8,615$1,975
29 years$30,867$22,405$15,974$11,217$7,779$1,671
30 years$29,516$21,160$14,879$10,294$7,029$1,414
31 years$28,254$20,003$13,871$9,454$6,355$1,197
32 years$27,074$18,927$12,942$8,689$5,749$1,014
33 years$25,967$17,924$12,084$7,990$5,202$859
34 years$24,928$16,988$11,291$7,352$4,710$727
35 years$23,951$16,113$10,556$6,768$4,266$616
36 years$23,029$15,293$9,875$6,233$3,865$522
37 years$22,160$14,525$9,243$5,743$3,503$442
38 years$21,338$13,804$8,656$5,293$3,176$374
39 years$20,561$13,126$8,109$4,881$2,880$317
40 years$19,824$12,489$7,601$4,502$2,612$269
41 years$19,125$11,888$7,127$4,153$2,370$228
42 years$18,461$11,322$6,686$3,833$2,151$193
43 years$17,829$10,787$6,273$3,538$1,952$163
44 years$17,228$10,282$5,889$3,267$1,772$139
45 years$16,655$9,805$5,529$3,017$1,608$117
46 years$16,109$9,354$5,193$2,787$1,460$99
47 years$15,588$8,926$4,879$2,575$1,326$84
48 years$15,089$8,521$4,585$2,379$1,204$71
49 years$14,613$8,138$4,310$2,199$1,094$61
50 years$14,157$7,773$4,052$2,032$993$51

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 $3,735 every year, while hoping to spend $32,762 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: 61/24/15 Blend
39$14,500,000$14,500,000$14,500,000$14,500,000
40$15,982,853$15,214,353$14,989,603$16,897,817
41$17,578,245$15,924,997$15,456,896$18,224,685
42$19,335,270$16,669,366$15,938,745$19,667,979
43$21,270,378$17,449,075$16,435,604$21,242,212
44$23,401,699$18,265,823$16,947,939$22,960,070
45$25,749,210$19,121,385$17,476,233$24,835,504
46$28,334,923$20,017,628$18,020,981$26,883,859
47$31,183,098$20,956,503$18,582,696$29,122,011
48$34,320,463$21,940,062$19,161,905$31,568,528
49$37,776,475$22,970,450$19,759,155$34,243,835
50$41,583,594$24,049,920$20,375,004$37,170,407
51$45,777,587$25,180,832$21,010,033$40,372,971
52$50,397,870$26,365,662$21,664,838$43,878,740
53$55,487,877$27,607,004$22,340,035$47,717,660
54$61,095,472$28,907,579$23,036,257$51,922,687
55$67,273,398$30,270,238$23,754,160$56,530,099
56$74,079,778$31,697,973$24,494,418$61,579,822
57$81,578,659$33,193,918$25,257,725$67,115,810
58$89,840,624$34,761,361$26,044,800$73,186,445
59$98,943,448$36,403,748$26,856,382$79,844,996
60$108,972,842$38,124,694$27,693,232$87,150,104
61$120,023,254$39,927,986$28,556,138$95,166,338
62$132,198,766$41,817,598$29,445,909$103,964,787
63$145,614,075$43,797,695$30,363,381$113,623,733
64$160,395,572$45,872,644$31,309,417$124,229,371
65$176,682,542$48,047,025$32,284,903$135,876,622
66$194,628,471$50,325,639$33,290,757$148,670,013
67$214,402,501$52,713,521$34,327,923$162,724,660
68$236,191,022$55,215,949$35,397,375$178,167,337
69$260,199,436$57,838,460$36,500,116$195,137,669
70$286,654,091$60,586,857$37,637,183$213,789,434
71$315,804,422$63,467,227$38,809,642$234,292,005
72$347,925,302$66,485,950$40,018,594$256,831,935
73$383,319,640$69,649,719$41,265,175$281,614,705
74$422,321,239$72,965,551$42,550,553$308,866,653
75$465,297,944$76,440,802$43,875,936$338,837,093
76$512,655,122$80,083,189$45,242,568$371,800,653
77$564,839,481$83,900,802$46,651,730$408,059,858
78$622,343,291$87,902,124$48,104,746$447,947,960
79$685,709,030$92,096,051$49,602,978$491,832,077
80$755,534,507$96,491,913$51,147,833$540,116,634
81$832,478,501$101,099,492$52,740,761$593,247,165
82$917,266,986$105,929,045$54,383,254$651,714,496
83$1,010,699,981$110,991,330$56,076,855$716,059,364
84$1,113,659,102$116,297,628$57,823,152$786,877,497
85$1,227,115,886$121,859,767$59,623,784$864,825,213
86$1,352,140,964$127,690,154$61,480,438$950,625,596
87$1,489,914,167$133,801,796$63,394,858$1,045,075,299
88$1,641,735,663$140,208,335$65,368,837$1,149,052,033
89$1,809,038,235$146,924,078$67,404,227$1,263,522,832
90$1,993,400,804$153,964,026$69,502,937$1,389,553,152
91$2,196,563,335$161,343,913$71,666,935$1,528,316,900
92$2,420,443,268$169,080,238$73,898,250$1,681,107,484
93$2,667,153,614$177,190,302$76,198,974$1,849,349,994
94$2,939,022,907$185,692,251$78,571,264$2,034,614,620
95$3,238,617,186$194,605,114$81,017,344$2,238,631,441
96$3,568,764,220$203,948,846$83,539,507$2,463,306,720
97$3,932,580,207$213,744,376$86,140,116$2,710,740,862
98$4,333,499,188$224,013,650$88,821,610$2,983,248,204
99$4,775,305,473$234,779,687$91,586,502$3,283,378,818
100$5,262,169,365$246,066,625$94,437,383$3,613,942,544