Can I retire at age 40 with 13,400,000?

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 $13,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,063,585
2 years$547,802$537,599$527,712$518,125$508,826$503,830
3 years$361,573$351,327$341,464$331,968$322,820$317,932
4 years$268,478$258,263$248,499$239,164$230,238$225,496
5 years$212,635$202,481$192,845$183,701$175,023$170,441
6 years$175,418$165,341$155,848$146,907$138,490$134,073
7 years$148,845$138,853$129,510$120,780$112,629$108,381
8 years$128,925$119,023$109,835$101,320$93,437$89,357
9 years$113,439$103,631$94,601$86,302$78,687$74,775
10 years$101,058$91,345$82,475$74,393$67,046$63,298
11 years$90,935$81,319$72,610$64,744$57,661$54,077
12 years$82,505$72,988$64,439$56,789$49,968$46,544
13 years$75,377$65,960$57,572$50,137$43,573$40,306
14 years$69,273$59,956$51,729$44,506$38,196$35,083
15 years$63,987$54,771$46,704$39,691$33,631$30,667
16 years$59,367$50,251$42,344$35,539$29,723$26,905
17 years$55,295$46,279$38,532$31,932$26,354$23,678
18 years$51,679$42,764$35,174$28,777$23,433$20,893
19 years$48,447$39,633$32,200$26,002$20,887$18,479
20 years$45,542$36,829$29,552$23,550$18,656$16,377
21 years$42,918$34,305$27,182$21,373$16,695$14,539
22 years$40,535$32,022$25,053$19,433$14,965$12,927
23 years$38,362$29,950$23,132$17,698$13,433$11,510
24 years$36,374$28,061$21,393$16,142$12,074$10,260
25 years$34,547$26,334$19,814$14,742$10,865$9,155
26 years$32,864$24,750$18,376$13,479$9,787$8,177
27 years$31,308$23,292$17,064$12,338$8,824$7,310
28 years$29,866$21,948$15,863$11,304$7,962$6,539
29 years$28,525$20,706$14,762$10,366$7,189$5,853
30 years$27,277$19,554$13,750$9,513$6,496$5,243
31 years$26,111$18,485$12,819$8,737$5,873$4,698
32 years$25,020$17,491$11,960$8,030$5,312$4,212
33 years$23,997$16,564$11,168$7,384$4,808$3,778
34 years$23,037$15,699$10,434$6,794$4,353$3,389
35 years$22,134$14,890$9,755$6,254$3,943$3,042
36 years$21,282$14,133$9,126$5,760$3,572$2,731
37 years$20,479$13,423$8,542$5,307$3,238$2,452
38 years$19,720$12,757$7,999$4,892$2,935$2,203
39 years$19,001$12,130$7,494$4,510$2,662$1,979
40 years$18,320$11,541$7,024$4,160$2,414$1,778
41 years$17,674$10,986$6,586$3,838$2,190$1,598
42 years$17,060$10,463$6,178$3,542$1,987$1,437
43 years$16,477$9,969$5,798$3,270$1,804$1,292
44 years$15,921$9,502$5,442$3,019$1,637$1,161
45 years$15,392$9,061$5,110$2,788$1,486$1,044
46 years$14,887$8,644$4,799$2,576$1,350$939
47 years$14,405$8,249$4,509$2,380$1,225$845
48 years$13,945$7,875$4,237$2,199$1,113$760
49 years$13,504$7,520$3,983$2,032$1,011$683
50 years$13,083$7,184$3,744$1,878$918$615

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $13,400,000, adding $6,862 every year, while hoping to spend $21,690 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: 57/14/29 Blend
39$13,400,000$13,400,000$13,400,000$13,400,000
40$14,773,878$14,063,678$13,855,978$15,497,771
41$16,257,736$14,729,720$14,297,075$16,662,113
42$17,892,220$15,427,672$14,752,223$17,927,768
43$19,692,671$16,159,073$15,221,867$19,306,933
44$21,675,996$16,925,539$15,706,471$20,810,602
45$23,860,821$17,728,764$16,206,512$22,450,869
46$26,267,676$18,570,525$16,722,481$24,241,037
47$28,919,181$19,452,683$17,254,886$26,195,740
48$31,840,263$20,377,190$17,804,251$28,331,081
49$35,058,394$21,346,096$18,371,117$30,664,776
50$38,603,841$22,361,546$18,956,041$33,216,323
51$42,509,963$23,425,792$19,559,599$36,007,177
52$46,813,519$24,541,195$20,182,384$39,060,952
53$51,555,014$25,710,230$20,825,011$42,403,641
54$56,779,088$26,935,494$21,488,111$46,063,852
55$62,534,929$28,219,707$22,172,336$50,073,080
56$68,876,743$29,565,724$22,878,361$54,465,994
57$75,864,265$30,976,539$23,606,881$59,280,762
58$83,563,320$32,455,289$24,358,611$64,559,410
59$92,046,448$34,005,267$25,134,293$70,348,207
60$101,393,583$35,629,923$25,934,690$76,698,100
61$111,692,817$37,332,877$26,760,590$83,665,189
62$123,041,220$39,117,924$27,612,806$91,311,249
63$135,545,766$40,989,044$28,492,176$99,704,312
64$149,324,337$42,950,410$29,399,567$108,919,297
65$164,506,839$45,006,400$30,335,873$119,038,712
66$181,236,426$47,161,603$31,302,014$130,153,429
67$199,670,853$49,420,833$32,298,942$142,363,532
68$219,983,963$51,789,137$33,327,640$155,779,256
69$242,367,330$54,271,808$34,389,119$170,522,016
70$267,032,069$56,874,397$35,484,425$186,725,551
71$294,210,824$59,602,726$36,614,638$204,537,171
72$324,159,968$62,462,901$37,780,869$224,119,147
73$357,162,024$65,461,322$38,984,267$245,650,225
74$393,528,329$68,604,705$40,226,018$269,327,311
75$433,601,974$71,900,091$41,507,345$295,367,315
76$477,761,044$75,354,864$42,829,510$324,009,189
77$526,422,186$78,976,768$44,193,814$355,516,175
78$580,044,545$82,773,926$45,601,603$390,178,276
79$639,134,094$86,754,854$47,054,262$428,314,979
80$704,248,415$90,928,485$48,553,223$470,278,266
81$776,001,960$95,304,187$50,099,963$516,455,916
82$855,071,853$99,891,785$51,696,004$567,275,159
83$942,204,282$104,701,583$53,342,921$623,206,689
84$1,038,221,545$109,744,387$55,042,335$684,769,098
85$1,144,029,810$115,031,529$56,795,921$752,533,754
86$1,260,627,673$120,574,896$58,605,406$827,130,177
87$1,389,115,582$126,386,953$60,472,574$909,251,968
88$1,530,706,231$132,480,773$62,399,264$999,663,341
89$1,686,736,003$138,870,067$64,387,376$1,099,206,314
90$1,858,677,590$145,569,215$66,438,868$1,208,808,643
91$2,048,153,897$152,593,299$68,555,763$1,329,492,560
92$2,256,953,359$159,958,136$70,740,146$1,462,384,403
93$2,487,046,831$167,680,314$72,994,170$1,608,725,225
94$2,740,606,190$175,777,232$75,320,057$1,769,882,490
95$3,020,024,843$184,267,137$77,720,100$1,947,362,960
96$3,327,940,318$193,169,168$80,196,664$2,142,826,892
97$3,667,259,169$202,503,396$82,752,191$2,358,103,688
98$4,041,184,414$212,290,872$85,389,200$2,595,209,140
99$4,453,245,776$222,553,676$88,110,290$2,856,364,429
100$4,907,333,004$233,314,965$90,918,143$3,144,017,067