Can I retire at age 40 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,082,400
2 years$560,066$549,635$539,526$529,725$520,218$510,085
3 years$369,668$359,193$349,109$339,400$330,048$320,153
4 years$274,488$264,045$254,062$244,518$235,393$225,813
5 years$217,395$207,014$197,163$187,814$178,942$169,705
6 years$179,346$169,043$159,337$150,196$141,591$132,708
7 years$152,178$141,962$132,410$123,484$115,151$106,626
8 years$131,811$121,687$112,294$103,588$95,529$87,362
9 years$115,979$105,951$96,719$88,234$80,449$72,638
10 years$103,321$93,390$84,321$76,059$68,547$61,086
11 years$92,971$83,140$74,235$66,194$58,952$51,836
12 years$84,352$74,622$65,882$58,061$51,087$44,309
13 years$77,065$67,437$58,861$51,259$44,549$38,101
14 years$70,824$61,298$52,887$45,502$39,051$32,925
15 years$65,420$55,997$47,750$40,580$34,384$28,570
16 years$60,696$51,376$43,292$36,335$30,388$24,878
17 years$56,533$47,315$39,394$32,647$26,945$21,728
18 years$52,836$43,721$35,962$29,421$23,958$19,025
19 years$49,532$40,521$32,921$26,584$21,354$16,695
20 years$46,562$37,654$30,214$24,077$19,074$14,678
21 years$43,878$35,073$27,791$21,852$17,069$12,926
22 years$41,442$32,739$25,613$19,868$15,300$11,399
23 years$39,221$30,620$23,649$18,094$13,734$10,065
24 years$37,188$28,689$21,872$16,503$12,345$8,897
25 years$35,321$26,924$20,258$15,072$11,108$7,872
26 years$33,600$25,304$18,788$13,781$10,006$6,971
27 years$32,009$23,814$17,446$12,614$9,021$6,177
28 years$30,534$22,440$16,219$11,557$8,140$5,478
29 years$29,164$21,169$15,093$10,598$7,350$4,860
30 years$27,887$19,992$14,058$9,726$6,641$4,314
31 years$26,695$18,899$13,106$8,933$6,004$3,832
32 years$25,580$17,882$12,228$8,210$5,431$3,404
33 years$24,535$16,935$11,418$7,549$4,915$3,026
34 years$23,553$16,051$10,668$6,946$4,450$2,690
35 years$22,629$15,224$9,974$6,394$4,031$2,392
36 years$21,759$14,449$9,330$5,889$3,652$2,128
37 years$20,937$13,724$8,733$5,426$3,310$1,893
38 years$20,161$13,042$8,178$5,001$3,001$1,685
39 years$19,426$12,402$7,662$4,611$2,721$1,499
40 years$18,730$11,800$7,182$4,253$2,468$1,335
41 years$18,070$11,232$6,734$3,924$2,239$1,188
42 years$17,442$10,697$6,317$3,622$2,032$1,058
43 years$16,845$10,192$5,927$3,343$1,844$942
44 years$16,278$9,715$5,564$3,087$1,674$839
45 years$15,736$9,264$5,224$2,851$1,520$747
46 years$15,220$8,838$4,907$2,633$1,380$666
47 years$14,728$8,434$4,610$2,433$1,253$593
48 years$14,257$8,051$4,332$2,248$1,138$528
49 years$13,807$7,689$4,072$2,078$1,033$471
50 years$13,376$7,344$3,828$1,920$939$419

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $13,700,000, adding $4,961 every year, while hoping to spend $48,766 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: 57/17/26 Blend
39$13,700,000$13,700,000$13,700,000$13,700,000
40$15,102,517$14,376,417$14,164,067$15,855,883
41$16,591,087$15,028,975$14,586,677$17,025,130
42$18,229,857$15,711,874$15,021,809$18,293,335
43$20,034,096$16,426,549$15,469,833$19,674,613
44$22,020,627$17,174,503$15,931,127$21,179,900
45$24,207,992$17,957,314$16,406,079$22,821,229
46$26,616,617$18,776,633$16,895,093$24,611,834
47$29,269,013$19,634,189$17,398,580$26,566,274
48$32,189,985$20,531,797$17,916,965$28,700,567
49$35,406,865$21,471,357$18,450,685$31,032,338
50$38,949,772$22,454,860$19,000,190$33,580,983
51$42,851,896$23,484,395$19,565,943$36,367,846
52$47,149,807$24,562,148$20,148,420$39,416,416
53$51,883,806$25,690,412$20,748,111$42,752,550
54$57,098,302$26,871,590$21,365,520$46,404,705
55$62,842,230$28,108,199$22,001,166$50,404,209
56$69,169,516$29,402,879$22,655,584$54,785,548
57$76,139,582$30,758,396$23,329,322$59,586,691
58$83,817,910$32,177,649$24,022,945$64,849,437
59$92,276,659$33,663,675$24,737,036$70,619,810
60$101,595,344$35,219,661$25,472,192$76,948,486
61$111,861,589$36,848,944$26,229,030$83,891,267
62$123,171,951$38,555,022$27,008,183$91,509,597
63$135,632,835$40,341,564$27,810,302$99,871,144
64$149,361,496$42,212,412$28,636,059$109,050,426
65$164,487,145$44,171,597$29,486,143$119,129,509
66$181,152,170$46,223,340$30,361,264$130,198,778
67$199,513,478$48,372,071$31,262,154$142,357,777
68$219,743,978$50,622,428$32,189,562$155,716,150
69$242,034,214$52,979,277$33,144,262$170,394,657
70$266,594,159$55,447,717$34,127,050$186,526,315
71$293,655,201$58,033,093$35,138,743$204,257,642
72$323,472,324$60,741,007$36,180,184$223,750,029
73$356,326,520$63,577,335$37,252,239$245,181,259
74$392,527,434$66,548,233$38,355,798$268,747,170
75$432,416,293$69,660,157$39,491,778$294,663,499
76$476,369,123$72,919,874$40,661,121$323,167,902
77$524,800,304$76,334,478$41,864,799$354,522,194
78$578,166,473$79,911,405$43,103,807$389,014,802
79$636,970,842$83,658,453$44,379,174$426,963,480
80$701,767,945$87,583,794$45,691,953$468,718,295
81$773,168,874$91,695,999$47,043,233$514,664,919
82$851,847,047$96,004,051$48,434,129$565,228,254
83$938,544,565$100,517,368$49,865,791$620,876,432
84$1,034,079,216$105,245,825$51,339,401$682,125,220
85$1,139,352,200$110,199,774$52,856,175$749,542,868
86$1,255,356,631$115,390,070$54,417,363$823,755,465
87$1,383,186,915$120,828,090$56,024,252$905,452,824
88$1,524,049,080$126,525,767$57,678,164$995,394,986
89$1,679,272,165$132,495,608$59,380,462$1,094,419,369
90$1,850,320,763$138,750,730$61,132,544$1,203,448,657
91$2,038,808,846$145,304,881$62,935,850$1,323,499,492
92$2,246,515,008$152,172,480$64,791,861$1,455,692,047
93$2,475,399,250$159,368,643$66,702,099$1,601,260,585
94$2,727,621,486$166,909,218$68,668,131$1,761,565,079
95$3,005,561,932$174,810,825$70,691,568$1,938,104,038
96$3,311,843,580$183,090,886$72,774,067$2,132,528,620
97$3,649,356,957$191,767,672$74,917,330$2,346,658,197
98$4,021,287,417$200,860,338$77,123,111$2,582,497,504
99$4,431,145,209$210,388,970$79,393,211$2,842,255,537
100$4,882,798,620$220,374,629$81,729,483$3,128,366,376