Can I retire at age 40 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,040,800
2 years$551,890$541,611$531,650$521,992$512,623$476,994
3 years$364,272$353,949$344,013$334,445$325,229$290,797
4 years$270,481$260,190$250,353$240,949$231,956$198,986
5 years$214,222$203,992$194,284$185,072$176,329$144,908
6 years$176,727$166,575$157,011$148,003$139,524$109,677
7 years$149,956$139,889$130,477$121,682$113,470$85,194
8 years$129,887$119,911$110,654$102,076$94,134$67,408
9 years$114,286$104,404$95,307$86,946$79,275$54,066
10 years$101,812$92,027$83,091$74,948$67,546$43,816
11 years$91,613$81,926$73,152$65,227$58,092$35,794
12 years$83,120$73,533$64,920$57,213$50,341$29,427
13 years$75,940$66,452$58,002$50,511$43,898$24,314
14 years$69,790$60,403$52,115$44,838$38,481$20,172
15 years$64,465$55,179$47,053$39,987$33,882$16,790
16 years$59,810$50,626$42,660$35,804$29,945$14,014
17 years$55,707$46,625$38,819$32,170$26,551$11,722
18 years$52,064$43,083$35,437$28,992$23,608$9,824
19 years$48,809$39,929$32,441$26,196$21,042$8,245
20 years$45,882$37,104$29,772$23,726$18,795$6,929
21 years$43,238$34,561$27,385$21,533$16,820$5,830
22 years$40,837$32,261$25,239$19,578$15,077$4,909
23 years$38,649$30,173$23,304$17,830$13,534$4,136
24 years$36,645$28,271$21,552$16,262$12,164$3,488
25 years$34,805$26,531$19,962$14,852$10,946$2,942
26 years$33,109$24,934$18,514$13,580$9,860$2,483
27 years$31,542$23,466$17,192$12,430$8,889$2,097
28 years$30,089$22,112$15,982$11,388$8,021$1,771
29 years$28,738$20,860$14,872$10,443$7,243$1,496
30 years$27,480$19,700$13,853$9,584$6,544$1,264
31 years$26,306$18,623$12,915$8,802$5,917$1,068
32 years$25,207$17,621$12,050$8,090$5,352$903
33 years$24,177$16,688$11,251$7,439$4,844$763
34 years$23,209$15,816$10,512$6,845$4,385$646
35 years$22,299$15,001$9,828$6,301$3,972$546
36 years$21,441$14,239$9,194$5,803$3,599$462
37 years$20,632$13,523$8,605$5,347$3,262$390
38 years$19,867$12,852$8,059$4,928$2,957$330
39 years$19,143$12,221$7,550$4,544$2,682$279
40 years$18,457$11,627$7,077$4,191$2,432$236
41 years$17,806$11,068$6,636$3,867$2,207$200
42 years$17,187$10,541$6,224$3,569$2,002$169
43 years$16,600$10,043$5,841$3,294$1,817$143
44 years$16,040$9,573$5,483$3,042$1,649$121
45 years$15,507$9,129$5,148$2,809$1,497$102
46 years$14,998$8,709$4,835$2,595$1,360$87
47 years$14,513$8,311$4,543$2,397$1,235$73
48 years$14,049$7,934$4,269$2,215$1,121$62
49 years$13,605$7,576$4,012$2,047$1,018$52
50 years$13,181$7,237$3,772$1,892$925$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $13,500,000, adding $5,169 every year, while hoping to spend $36,420 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: 31/39/30 Blend
39$13,500,000$13,500,000$13,500,000$13,500,000
40$14,882,332$14,166,832$13,957,582$15,207,119
41$16,361,579$14,822,256$14,386,410$16,116,238
42$17,990,489$15,508,575$14,828,384$17,090,594
43$19,784,288$16,227,265$15,283,904$18,138,726
44$21,759,757$16,979,872$15,753,386$19,267,126
45$23,935,383$17,768,017$16,237,256$20,482,906
46$26,331,542$18,593,399$16,735,953$21,793,859
47$28,970,683$19,457,800$17,249,931$23,208,523
48$31,877,546$20,363,086$17,779,658$24,736,259
49$35,079,393$21,311,214$18,325,613$26,387,328
50$38,606,264$22,304,236$18,888,294$28,172,987
51$42,491,262$23,344,303$19,468,211$30,105,583
52$46,770,865$24,433,668$20,065,891$32,198,663
53$51,485,271$25,574,695$20,681,876$34,467,095
54$56,678,775$26,769,862$21,316,725$36,927,197
55$62,400,190$28,021,765$21,971,015$39,596,886
56$68,703,305$29,333,127$22,645,340$42,495,837
57$75,647,394$30,706,802$23,340,310$45,645,654
58$83,297,775$32,145,782$24,056,558$49,070,073
59$91,726,427$33,653,205$24,794,731$52,795,167
60$101,012,668$35,232,357$25,555,500$56,849,586
61$111,243,905$36,886,688$26,339,555$61,264,814
62$122,516,459$38,619,811$27,147,605$66,075,456
63$134,936,472$40,435,516$27,980,384$71,319,549
64$148,620,911$42,337,776$28,838,646$77,038,912
65$163,698,672$44,330,755$29,723,169$83,279,522
66$180,311,796$46,418,820$30,634,754$90,091,939
67$198,616,807$48,606,551$31,574,227$97,531,764
68$218,786,196$50,898,746$32,542,438$105,660,150
69$241,010,042$53,300,439$33,540,263$114,544,365
70$265,497,811$55,816,906$34,568,608$124,258,403
71$292,480,333$58,453,679$35,628,401$134,883,674
72$322,211,977$61,216,559$36,720,602$146,509,745
73$354,973,056$64,111,628$37,846,200$159,235,172
74$391,072,472$67,145,262$39,006,211$173,168,406
75$430,850,631$70,324,147$40,201,687$188,428,798
76$474,682,659$73,655,294$41,433,707$205,147,702
77$522,981,939$77,146,052$42,703,385$223,469,690
78$576,204,018$80,804,130$44,011,870$243,553,895
79$634,850,904$84,637,608$45,360,343$265,575,486
80$699,475,806$88,654,960$46,750,024$289,727,295
81$770,688,355$92,865,071$48,182,168$316,221,610
82$849,160,365$97,277,257$49,658,067$345,292,146
83$935,632,166$101,901,286$51,179,056$377,196,227
84$1,030,919,600$106,747,402$52,746,508$412,217,176
85$1,135,921,720$111,826,346$54,361,837$450,666,961
86$1,251,629,279$117,149,381$56,026,502$492,889,104
87$1,379,134,081$122,728,315$57,742,005$539,261,883
88$1,519,639,288$128,575,534$59,509,894$590,201,871
89$1,674,470,784$134,704,023$61,331,763$646,167,822
90$1,845,089,682$141,127,399$63,209,256$707,664,962
91$2,033,106,129$147,859,941$65,144,065$775,249,718
92$2,240,294,499$154,916,622$67,137,935$849,534,917
93$2,468,610,145$162,313,145$69,192,664$931,195,529
94$2,720,207,865$170,065,973$71,310,103$1,020,974,986
95$2,997,462,235$178,192,374$73,492,160$1,119,692,147
96$3,302,990,037$186,710,454$75,740,801$1,228,248,973
97$3,639,674,953$195,639,199$78,058,050$1,347,638,984
98$4,010,694,799$204,998,520$80,445,995$1,478,956,580
99$4,419,551,519$214,809,298$82,906,786$1,623,407,302
100$4,870,104,248$225,093,428$85,442,638$1,782,319,155