Can I retire at age 40 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,020,498
2 years$543,714$533,587$523,774$514,258$505,029$465,131
3 years$358,875$348,705$338,916$329,490$320,411$281,934
4 years$266,474$256,335$246,644$237,379$228,520$191,756
5 years$211,048$200,970$191,406$182,330$173,717$138,762
6 years$174,109$164,107$154,685$145,811$137,456$104,335
7 years$147,735$137,817$128,544$119,879$111,789$80,490
8 years$127,963$118,135$109,015$100,564$92,740$63,235
9 years$112,593$102,857$93,895$85,658$78,100$50,348
10 years$100,304$90,664$81,860$73,838$66,545$40,494
11 years$90,256$80,713$72,068$64,261$57,231$32,824
12 years$81,889$72,443$63,958$56,366$49,595$26,769
13 years$74,814$65,468$57,143$49,762$43,248$21,938
14 years$68,756$59,508$51,343$44,173$37,911$18,049
15 years$63,510$54,362$46,356$39,395$33,380$14,895
16 years$58,924$49,876$42,028$35,274$29,501$12,325
17 years$54,882$45,934$38,244$31,693$26,158$10,219
18 years$51,293$42,445$34,912$28,562$23,258$8,487
19 years$48,086$39,338$31,960$25,808$20,731$7,059
20 years$45,202$36,554$29,331$23,374$18,517$5,878
21 years$42,597$34,049$26,979$21,214$16,571$4,899
22 years$40,232$31,783$24,866$19,288$14,853$4,087
23 years$38,076$29,726$22,959$17,566$13,333$3,411
24 years$36,102$27,852$21,233$16,021$11,984$2,849
25 years$34,289$26,137$19,666$14,632$10,784$2,381
26 years$32,619$24,565$18,239$13,378$9,714$1,990
27 years$31,074$23,119$16,937$12,246$8,758$1,664
28 years$29,643$21,784$15,745$11,220$7,902$1,392
29 years$28,312$20,551$14,652$10,289$7,136$1,164
30 years$27,073$19,408$13,648$9,442$6,447$974
31 years$25,916$18,347$12,723$8,672$5,829$815
32 years$24,833$17,360$11,871$7,970$5,273$682
33 years$23,818$16,441$11,084$7,329$4,772$571
34 years$22,865$15,582$10,356$6,743$4,320$478
35 years$21,968$14,779$9,683$6,208$3,913$400
36 years$21,123$14,028$9,058$5,717$3,546$335
37 years$20,326$13,323$8,478$5,267$3,213$281
38 years$19,572$12,662$7,939$4,855$2,913$235
39 years$18,859$12,040$7,438$4,477$2,642$197
40 years$18,183$11,455$6,972$4,129$2,396$165
41 years$17,542$10,904$6,537$3,810$2,174$138
42 years$16,933$10,385$6,132$3,516$1,973$116
43 years$16,354$9,895$5,754$3,245$1,790$97
44 years$15,802$9,432$5,401$2,997$1,625$81
45 years$15,277$8,994$5,072$2,768$1,475$68
46 years$14,776$8,580$4,764$2,556$1,339$57
47 years$14,298$8,188$4,475$2,362$1,216$48
48 years$13,841$7,816$4,205$2,182$1,105$40
49 years$13,404$7,464$3,953$2,017$1,003$33
50 years$12,985$7,130$3,716$1,864$911$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $13,300,000, adding $2,491 every year, while hoping to spend $32,555 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: 53/34/13 Blend
39$13,300,000$13,300,000$13,300,000$13,300,000
40$14,659,169$13,954,269$13,748,119$15,385,700
41$16,119,766$14,603,390$14,174,043$16,530,310
42$17,728,253$15,283,227$14,613,144$17,771,311
43$19,499,680$15,995,250$15,065,830$19,120,786
44$21,450,632$16,741,002$15,532,519$20,589,027
45$23,599,383$17,522,098$16,013,645$22,187,344
46$25,966,072$18,340,232$16,509,654$23,928,162
47$28,572,888$19,197,181$17,021,005$25,825,137
48$31,444,286$20,094,806$17,548,172$27,893,279
49$34,607,211$21,035,059$18,091,643$30,149,087
50$38,091,355$22,019,986$18,651,922$32,610,702
51$41,929,440$23,051,732$19,229,528$35,298,069
52$46,157,522$24,132,545$19,824,996$38,233,121
53$50,815,333$25,264,784$20,438,877$41,439,980
54$55,946,658$26,450,920$21,071,741$44,945,176
55$61,599,746$27,693,543$21,724,172$48,777,892
56$67,827,763$28,995,370$22,396,776$52,970,232
57$74,689,302$30,359,250$23,090,174$57,557,515
58$82,248,925$31,788,167$23,805,009$62,578,602
59$90,577,780$33,285,253$24,541,943$68,076,254
60$99,754,273$34,853,789$25,301,657$74,097,525
61$109,864,801$36,497,217$26,084,854$80,694,199
62$121,004,573$38,219,143$26,892,259$87,923,268
63$133,278,510$40,023,351$27,724,620$95,847,461
64$146,802,229$41,913,807$28,582,707$104,535,825
65$161,703,142$43,894,669$29,467,312$114,064,364
66$178,121,650$45,970,295$30,379,255$124,516,748
67$196,212,477$48,145,259$31,319,379$135,985,087
68$216,146,125$50,424,351$32,288,553$148,570,791
69$238,110,484$52,812,599$33,287,674$162,385,513
70$262,312,608$55,315,270$34,317,665$177,552,188
71$288,980,665$57,937,891$35,379,479$194,206,179
72$318,366,099$60,686,253$36,474,097$212,496,541
73$350,745,992$63,566,431$37,602,531$232,587,411
74$386,425,692$66,584,794$38,765,824$254,659,541
75$425,741,684$69,748,020$39,965,051$278,911,986
76$469,064,775$73,063,113$41,201,319$305,563,966
77$516,803,592$76,537,415$42,475,773$334,856,915
78$569,408,435$80,178,625$43,789,588$367,056,741
79$627,375,534$83,994,816$45,143,978$402,456,315
80$691,251,732$87,994,456$46,540,195$441,378,214
81$761,639,645$92,186,421$47,979,528$484,177,741
82$839,203,353$96,580,019$49,463,306$531,246,257
83$924,674,667$101,185,012$50,992,899$583,014,850
84$1,018,860,041$106,011,636$52,569,719$639,958,378
85$1,122,648,183$111,070,624$54,195,222$702,599,925
86$1,237,018,445$116,373,232$55,870,909$771,515,705
87$1,363,050,068$121,931,262$57,598,327$847,340,480
88$1,501,932,373$127,757,091$59,379,068$930,773,512
89$1,654,975,985$133,863,699$61,214,777$1,022,585,135
90$1,823,625,211$140,264,695$63,107,148$1,123,623,994
91$2,009,471,670$146,974,353$65,057,925$1,234,825,015
92$2,214,269,324$154,007,641$67,068,909$1,357,218,197
93$2,439,951,033$161,380,252$69,141,955$1,491,938,294
94$2,688,646,802$169,108,649$71,278,975$1,640,235,485
95$2,962,703,894$177,210,090$73,481,938$1,803,487,133
96$3,264,708,985$185,702,679$75,752,877$1,983,210,743
97$3,597,512,589$194,605,397$78,093,886$2,181,078,236
98$3,964,255,963$203,938,152$80,507,121$2,398,931,687
99$4,368,400,771$213,721,820$82,994,809$2,638,800,659
100$4,813,761,755$223,978,296$85,559,241$2,902,921,310