Can I retire at age 40 with 14,600,000?

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 $14,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$1,205,654$1,194,915$1,184,437$1,174,210$1,164,225$1,143,996
2 years$596,859$585,743$574,970$564,524$554,393$534,078
3 years$393,953$382,789$372,043$361,696$351,729$331,962
4 years$292,520$281,391$270,752$260,582$250,856$231,788
5 years$231,677$220,614$210,115$200,152$190,697$172,383
6 years$191,127$180,148$169,804$160,063$150,892$133,353
7 years$162,175$151,288$141,108$131,597$122,716$105,956
8 years$140,471$129,682$119,671$110,393$101,804$85,821
9 years$123,598$112,911$103,072$94,030$85,734$70,517
10 years$110,108$99,526$89,861$81,055$73,050$58,587
11 years$99,078$88,602$79,112$70,542$62,825$49,100
12 years$89,893$79,524$70,210$61,875$54,443$41,437
13 years$82,127$71,867$62,728$54,626$47,475$35,169
14 years$75,476$65,325$56,361$48,491$41,617$29,989
15 years$69,718$59,675$50,887$43,246$36,643$25,671
16 years$64,684$54,751$46,136$38,722$32,385$22,046
17 years$60,246$50,424$41,982$34,791$28,715$18,984
18 years$56,307$46,594$38,324$31,354$25,532$16,385
19 years$52,786$43,183$35,084$28,331$22,757$14,170
20 years$49,621$40,127$32,198$25,659$20,327$12,275
21 years$46,761$37,377$29,616$23,287$18,190$10,649
22 years$44,165$34,890$27,296$21,173$16,305$9,249
23 years$41,798$32,632$25,203$19,283$14,636$8,042
24 years$39,631$30,574$23,309$17,587$13,155$6,999
25 years$37,641$28,692$21,588$16,062$11,838$6,096
26 years$35,807$26,966$20,022$14,686$10,663$5,313
27 years$34,112$25,378$18,592$13,442$9,614$4,634
28 years$32,540$23,914$17,284$12,316$8,675$4,043
29 years$31,080$22,560$16,084$11,294$7,833$3,530
30 years$29,719$21,305$14,982$10,365$7,078$3,082
31 years$28,449$20,141$13,967$9,520$6,399$2,693
32 years$27,261$19,057$13,032$8,749$5,788$2,353
33 years$26,146$18,047$12,168$8,045$5,238$2,057
34 years$25,100$17,105$11,369$7,402$4,743$1,798
35 years$24,116$16,224$10,629$6,814$4,296$1,572
36 years$23,188$15,399$9,943$6,276$3,892$1,375
37 years$22,313$14,625$9,307$5,782$3,528$1,203
38 years$21,485$13,899$8,715$5,330$3,198$1,052
39 years$20,702$13,217$8,165$4,914$2,900$921
40 years$19,961$12,575$7,653$4,533$2,630$806
41 years$19,257$11,970$7,176$4,182$2,386$705
42 years$18,588$11,400$6,732$3,859$2,165$617
43 years$17,952$10,862$6,317$3,563$1,965$540
44 years$17,347$10,353$5,929$3,290$1,784$473
45 years$16,770$9,873$5,567$3,038$1,619$414
46 years$16,220$9,418$5,229$2,806$1,470$362
47 years$15,695$8,988$4,913$2,593$1,335$317
48 years$15,193$8,580$4,617$2,396$1,213$278
49 years$14,714$8,194$4,339$2,214$1,101$243
50 years$14,255$7,827$4,080$2,046$1,000$213

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $14,600,000, adding $4,537 every year, while hoping to spend $51,830 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: 45/37/18 Blend
39$14,600,000$14,600,000$14,600,000$14,600,000
40$16,093,880$15,320,080$15,093,780$16,734,706
41$17,680,309$16,015,617$15,544,275$17,879,372
42$19,426,817$16,743,499$16,008,124$19,114,389
43$21,349,676$17,505,254$16,485,721$20,452,568
44$23,466,819$18,302,488$16,977,468$21,903,499
45$25,798,004$19,136,879$17,483,783$23,477,709
46$28,365,004$20,010,189$18,005,093$25,186,759
47$31,191,809$20,924,263$18,541,838$27,043,344
48$34,304,855$21,881,034$19,094,471$29,061,408
49$37,733,274$22,882,528$19,663,460$31,256,271
50$41,509,166$23,930,870$20,249,283$33,644,765
51$45,667,901$25,028,283$20,852,435$36,245,387
52$50,248,460$26,177,101$21,473,424$39,078,465
53$55,293,791$27,379,768$22,112,773$42,166,345
54$60,851,227$28,638,845$22,771,019$45,533,593
55$66,972,920$29,957,018$23,448,717$49,207,218
56$73,716,345$31,337,099$24,146,436$53,216,917
57$81,144,834$32,782,037$24,864,763$57,595,353
58$89,328,175$34,294,925$25,604,300$62,378,445
59$98,343,273$35,879,001$26,365,669$67,605,703
60$108,274,876$37,537,661$27,149,508$73,320,591
61$119,216,370$39,274,464$27,956,474$79,570,923
62$131,270,668$41,093,140$28,787,243$86,409,306
63$144,551,171$42,997,599$29,642,511$93,893,624
64$159,182,849$44,991,940$30,522,994$102,087,574
65$175,303,413$47,080,459$31,429,428$111,061,251
66$193,064,619$49,267,658$32,362,570$120,891,799
67$212,633,695$51,558,258$33,323,201$131,664,125
68$234,194,926$53,957,207$34,312,123$143,471,685
69$257,951,389$56,469,692$35,330,160$156,417,352
70$284,126,872$59,101,148$36,378,162$170,614,371
71$312,967,984$61,857,275$37,457,001$186,187,410
72$344,746,485$64,744,048$38,567,577$203,273,721
73$379,761,850$67,767,730$39,710,815$222,024,417
74$418,344,095$70,934,885$40,887,664$242,605,878
75$460,856,896$74,252,397$42,099,103$265,201,304
76$507,701,016$77,727,481$43,346,139$290,012,423
77$559,318,092$81,367,701$44,629,808$317,261,371
78$616,194,805$85,180,985$45,951,174$347,192,768
79$678,867,470$89,175,649$47,311,333$380,076,005
80$747,927,102$93,360,405$48,711,413$416,207,758
81$824,024,993$97,744,392$50,152,572$455,914,766
82$907,878,863$102,337,188$51,636,004$499,556,886
83$1,000,279,633$107,148,836$53,162,936$547,530,462
84$1,102,098,890$112,189,864$54,734,629$600,272,036
85$1,214,297,120$117,471,310$56,352,382$658,262,438
86$1,337,932,770$123,004,748$58,017,531$722,031,294
87$1,474,172,243$128,802,311$59,731,448$792,161,988
88$1,624,300,907$134,876,719$61,495,547$869,297,135
89$1,789,735,232$141,241,312$63,311,280$954,144,610
90$1,972,036,161$147,910,071$65,180,143$1,047,484,190
91$2,172,923,845$154,897,660$67,103,674$1,150,174,876
92$2,394,293,882$162,219,450$69,083,452$1,263,162,956
93$2,638,235,215$169,891,560$71,121,104$1,387,490,895
94$2,907,049,850$177,930,889$73,218,304$1,524,307,130
95$3,203,274,588$186,355,157$75,376,771$1,674,876,858
96$3,529,704,978$195,182,942$77,598,275$1,840,593,932
97$3,889,421,704$204,433,724$79,884,635$2,022,993,965
98$4,285,819,671$214,127,929$82,237,723$2,223,768,764
99$4,722,640,054$224,286,975$84,659,464$2,444,782,252
100$5,204,005,620$234,933,317$87,151,836$2,688,087,992