Can I retire at age 40 with 13,100,000?

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 $13,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,028,577
2 years$535,538$525,564$515,897$506,525$497,434$481,318
3 years$353,479$343,462$333,820$324,536$315,593$299,897
4 years$262,467$252,481$242,935$233,810$225,083$209,929
5 years$207,874$197,948$188,528$179,588$171,105$156,535
6 years$171,491$161,639$152,358$143,618$135,389$121,422
7 years$145,513$135,744$126,611$118,076$110,108$96,747
8 years$126,039$116,358$107,376$99,051$91,345$78,588
9 years$110,900$101,311$92,483$84,370$76,926$64,767
10 years$98,796$89,300$80,629$72,728$65,545$53,974
11 years$88,899$79,499$70,984$63,295$56,371$45,376
12 years$80,658$71,354$62,997$55,518$48,850$38,418
13 years$73,689$64,483$56,283$49,014$42,598$32,714
14 years$67,722$58,613$50,571$43,509$37,341$27,989
15 years$62,555$53,544$45,659$38,803$32,878$24,042
16 years$58,038$49,126$41,396$34,744$29,058$20,719
17 years$54,057$45,243$37,669$31,217$25,764$17,905
18 years$50,522$41,807$34,387$28,133$22,909$15,510
19 years$47,362$38,746$31,480$25,420$20,419$13,463
20 years$44,523$36,005$28,890$23,023$18,239$11,706
21 years$41,957$33,537$26,574$20,895$16,321$10,193
22 years$39,627$31,305$24,492$18,998$14,630$8,888
23 years$37,503$29,279$22,614$17,302$13,133$7,758
24 years$35,559$27,433$20,914$15,780$11,804$6,778
25 years$33,774$25,744$19,370$14,412$10,622$5,927
26 years$32,128$24,196$17,965$13,177$9,568$5,187
27 years$30,607$22,771$16,682$12,061$8,626$4,542
28 years$29,197$21,457$15,508$11,051$7,783$3,979
29 years$27,887$20,242$14,432$10,134$7,028$3,488
30 years$26,666$19,117$13,443$9,300$6,350$3,058
31 years$25,526$18,071$12,532$8,542$5,741$2,683
32 years$24,460$17,099$11,693$7,850$5,194$2,354
33 years$23,460$16,193$10,918$7,219$4,700$2,066
34 years$22,521$15,348$10,201$6,642$4,255$1,814
35 years$21,638$14,557$9,537$6,114$3,854$1,593
36 years$20,806$13,817$8,922$5,631$3,492$1,399
37 years$20,020$13,123$8,350$5,188$3,165$1,229
38 years$19,278$12,471$7,820$4,782$2,869$1,080
39 years$18,575$11,859$7,326$4,409$2,602$949
40 years$17,910$11,283$6,867$4,067$2,360$834
41 years$17,278$10,740$6,439$3,752$2,141$733
42 years$16,678$10,229$6,040$3,463$1,943$644
43 years$16,108$9,746$5,668$3,197$1,763$566
44 years$15,565$9,290$5,320$2,952$1,601$498
45 years$15,047$8,859$4,995$2,726$1,453$438
46 years$14,554$8,451$4,692$2,518$1,319$385
47 years$14,083$8,065$4,408$2,326$1,198$338
48 years$13,632$7,699$4,142$2,150$1,088$297
49 years$13,202$7,352$3,893$1,987$988$262
50 years$12,790$7,023$3,660$1,836$898$230

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $13,100,000, adding $5,179 every year, while hoping to spend $32,878 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: 68/24/8 Blend
39$13,100,000$13,100,000$13,100,000$13,100,000
40$14,441,542$13,747,242$13,544,192$15,402,306
41$15,879,597$14,385,875$13,962,941$16,678,711
42$17,463,233$15,054,699$14,394,615$18,069,590
43$19,207,262$15,755,159$14,839,614$19,589,731
44$21,128,010$16,488,769$15,298,349$21,251,782
45$23,243,464$17,257,116$15,771,241$23,069,659
46$25,573,448$18,061,865$16,258,728$25,058,669
47$28,139,803$18,904,760$16,761,258$27,235,657
48$30,966,599$19,787,629$17,279,297$29,619,158
49$34,080,359$20,712,390$17,813,320$32,229,571
50$37,510,310$21,681,052$18,363,821$35,089,344
51$41,288,660$22,695,721$18,931,307$38,223,183
52$45,450,899$23,758,607$19,516,301$41,658,284
53$50,036,136$24,872,024$20,119,343$45,424,580
54$55,087,468$26,038,400$20,740,988$49,555,025
55$60,652,388$27,260,279$21,381,808$54,085,895
56$66,783,228$28,540,330$22,042,395$59,057,126
57$73,537,659$29,881,348$22,723,358$64,512,690
58$80,979,232$31,286,266$23,425,322$70,501,000
59$89,177,979$32,758,158$24,148,935$77,075,361
60$98,211,072$34,300,247$24,894,864$84,294,471
61$108,163,554$35,915,911$25,663,795$92,222,964
62$119,129,140$37,608,695$26,456,436$100,932,018
63$131,211,103$39,382,311$27,273,516$110,500,017
64$144,523,246$41,240,655$28,115,789$121,013,283
65$159,190,978$43,187,808$28,984,030$132,566,885
66$175,352,500$45,228,053$29,879,037$145,265,528
67$193,160,104$47,365,876$30,801,633$159,224,533
68$212,781,616$49,605,985$31,752,669$174,570,918
69$234,401,976$51,953,314$32,733,019$191,444,583
70$258,224,986$54,413,036$33,743,584$209,999,627
71$284,475,236$56,990,575$34,785,295$230,405,791
72$313,400,216$59,691,620$35,859,109$252,850,046
73$345,272,663$62,522,133$36,966,014$277,538,353
74$380,393,126$65,488,370$38,107,027$304,697,591
75$419,092,810$68,596,885$39,283,197$334,577,689
76$461,736,699$71,854,554$40,495,606$367,453,972
77$508,727,001$75,268,587$41,745,369$403,629,745
78$560,506,949$78,846,542$43,033,632$443,439,149
79$617,564,981$82,596,345$44,361,582$487,250,291
80$680,439,350$86,526,307$45,730,436$535,468,713
81$749,723,212$90,645,144$47,141,454$588,541,199
82$826,070,218$94,961,994$48,595,930$646,959,977
83$910,200,688$99,486,440$50,095,202$711,267,349
84$1,002,908,412$104,228,530$51,640,646$782,060,795
85$1,105,068,143$109,198,800$53,233,680$859,998,589
86$1,217,643,853$114,408,301$54,875,768$945,805,996
87$1,341,697,836$119,868,618$56,568,416$1,040,282,099
88$1,478,400,737$125,591,902$58,313,179$1,144,307,320
89$1,629,042,599$131,590,892$60,111,658$1,258,851,707
90$1,795,045,049$137,878,950$61,965,503$1,384,984,070
91$1,977,974,712$144,470,087$63,876,416$1,523,882,043
92$2,179,558,005$151,378,993$65,846,148$1,676,843,178
93$2,401,697,435$158,621,078$67,876,507$1,845,297,168
94$2,646,489,559$166,212,496$69,969,356$2,030,819,309
95$2,916,244,777$174,170,192$72,126,613$2,235,145,349
96$3,213,509,147$182,511,933$74,350,256$2,460,187,837
97$3,541,088,415$191,256,353$76,642,325$2,708,054,150
98$3,902,074,511$200,422,992$79,004,920$2,981,066,347
99$4,299,874,733$210,032,341$81,440,208$3,281,783,062
100$4,738,243,919$220,105,889$83,950,418$3,613,023,614