Can I retire at age 40 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,075,577
2 years$564,154$553,647$543,464$533,591$524,015$499,107
3 years$372,367$361,815$351,657$341,877$332,457$308,274
4 years$276,492$265,972$255,917$246,303$237,111$213,840
5 years$218,982$208,525$198,602$189,185$180,248$157,954
6 years$180,655$170,277$160,500$151,292$142,624$121,330
7 years$153,289$142,998$133,376$124,386$115,992$95,701
8 years$132,774$122,576$113,113$104,344$96,226$76,931
9 years$116,826$106,724$97,425$88,878$81,036$62,723
10 years$104,075$94,072$84,937$76,614$69,047$51,695
11 years$93,649$83,747$74,777$66,677$59,383$42,970
12 years$84,967$75,167$66,363$58,485$51,460$35,960
13 years$77,627$67,929$59,291$51,633$44,874$30,258
14 years$71,341$61,745$53,273$45,834$39,336$25,574
15 years$65,897$56,405$48,098$40,876$34,635$21,696
16 years$61,139$51,751$43,608$36,600$30,610$18,462
17 years$56,945$47,661$39,682$32,885$27,141$15,750
18 years$53,221$44,041$36,224$29,636$24,133$13,466
19 years$49,893$40,816$33,162$26,779$21,510$11,534
20 years$46,902$37,929$30,434$24,253$19,213$9,894
21 years$44,199$35,329$27,994$22,011$17,194$8,499
22 years$41,745$32,978$25,800$20,013$15,412$7,308
23 years$39,507$30,844$23,822$18,226$13,834$6,290
24 years$37,460$28,899$22,031$16,624$12,435$5,419
25 years$35,579$27,120$20,405$15,182$11,189$4,671
26 years$33,845$25,489$18,925$13,881$10,079$4,029
27 years$32,243$23,988$17,574$12,706$9,087$3,477
28 years$30,757$22,603$16,337$11,641$8,199$3,002
29 years$29,377$21,324$15,203$10,675$7,404$2,593
30 years$28,091$20,138$14,161$9,797$6,690$2,240
31 years$26,890$19,037$13,202$8,998$6,048$1,936
32 years$25,767$18,013$12,318$8,269$5,471$1,674
33 years$24,714$17,059$11,501$7,604$4,951$1,447
34 years$23,725$16,168$10,746$6,997$4,483$1,252
35 years$22,794$15,335$10,047$6,441$4,060$1,082
36 years$21,918$14,555$9,398$5,932$3,679$936
37 years$21,090$13,824$8,797$5,465$3,334$810
38 years$20,308$13,138$8,238$5,038$3,023$701
39 years$19,568$12,493$7,718$4,645$2,741$607
40 years$18,867$11,886$7,234$4,284$2,486$525
41 years$18,201$11,314$6,783$3,953$2,256$454
42 years$17,569$10,775$6,363$3,648$2,047$393
43 years$16,968$10,266$5,971$3,367$1,858$340
44 years$16,396$9,786$5,604$3,109$1,686$295
45 years$15,851$9,332$5,262$2,872$1,531$255
46 years$15,331$8,902$4,943$2,652$1,390$221
47 years$14,835$8,496$4,643$2,451$1,262$191
48 years$14,361$8,110$4,364$2,264$1,146$165
49 years$13,908$7,745$4,101$2,093$1,041$143
50 years$13,474$7,398$3,856$1,934$945$124

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $13,800,000, adding $4,038 every year, while hoping to spend $32,553 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: 63/22/15 Blend
39$13,800,000$13,800,000$13,800,000$13,800,000
40$15,211,765$14,480,365$14,266,465$16,114,024
41$16,728,729$15,155,267$14,709,756$17,394,773
42$18,399,332$15,862,148$15,166,805$18,788,681
43$20,239,212$16,602,541$15,638,041$20,310,047
44$22,265,598$17,378,052$16,123,902$21,971,272
45$24,497,478$18,190,365$16,624,841$23,785,997
46$26,955,775$19,041,247$17,141,328$25,769,228
47$29,663,544$19,932,548$17,673,842$27,937,473
48$32,646,191$20,866,209$18,222,882$30,308,896
49$35,931,712$21,844,263$18,788,958$32,903,482
50$39,550,959$22,868,844$19,372,600$35,743,224
51$43,537,926$23,942,187$19,974,352$38,852,324
52$47,930,077$25,066,636$20,594,775$42,257,419
53$52,768,692$26,244,648$21,234,447$45,987,825
54$58,099,262$27,478,800$21,893,965$50,075,814
55$63,971,919$28,771,793$22,573,944$54,556,905
56$70,441,902$30,126,458$23,275,018$59,470,204
57$77,570,085$31,545,764$23,997,841$64,858,759
58$85,423,552$33,032,824$24,743,087$70,769,966
59$94,076,223$34,590,902$25,511,450$77,256,006
60$103,609,561$36,223,419$26,303,646$84,374,336
61$114,113,332$37,933,962$27,120,414$92,188,220
62$125,686,459$39,726,293$27,962,515$100,767,323
63$138,437,952$41,604,356$28,830,733$110,188,357
64$152,487,939$43,572,286$29,725,879$120,535,802
65$167,968,798$45,634,417$30,648,785$131,902,694
66$185,026,408$47,795,296$31,600,312$144,391,492
67$203,821,525$50,059,689$32,581,346$158,115,041
68$224,531,301$52,432,594$33,592,801$173,197,626
69$247,350,953$54,919,250$34,635,619$189,776,133
70$272,495,609$57,525,153$35,710,772$208,001,336
71$300,202,339$60,256,063$36,819,260$228,039,307
72$330,732,388$63,118,021$37,962,116$250,072,975
73$364,373,649$66,117,361$39,140,404$274,303,837
74$401,443,376$69,260,726$40,355,222$300,953,854
75$442,291,178$72,555,079$41,607,700$330,267,528
76$487,302,324$76,007,724$42,899,004$362,514,203
77$536,901,376$79,626,318$44,230,336$397,990,589
78$591,556,200$83,418,891$45,602,935$437,023,551
79$651,782,379$87,393,863$47,018,080$479,973,179
80$718,148,082$91,560,063$48,477,086$527,236,174
81$791,279,430$95,926,750$49,981,312$579,249,573
82$871,866,403$100,503,632$51,532,157$636,494,860
83$960,669,356$105,300,890$53,131,065$699,502,492
84$1,058,526,197$110,329,200$54,779,522$768,856,889
85$1,166,360,295$115,599,757$56,479,062$845,201,932
86$1,285,189,201$121,124,300$58,231,266$929,247,019
87$1,416,134,250$126,915,142$60,037,764$1,021,773,744
88$1,560,431,150$132,985,190$61,900,236$1,123,643,250
89$1,719,441,647$139,347,984$63,820,414$1,235,804,334
90$1,894,666,380$146,017,720$65,800,082$1,359,302,384
91$2,087,759,049$153,009,287$67,841,083$1,495,289,219
92$2,300,542,026$160,338,296$69,945,314$1,645,033,938
93$2,535,023,561$168,021,121$72,114,730$1,809,934,869
94$2,793,416,739$176,074,931$74,351,348$1,991,532,745
95$3,078,160,376$184,517,732$76,657,248$2,191,525,216
96$3,391,942,040$193,368,406$79,034,572$2,411,782,844
97$3,737,723,427$202,646,757$81,485,529$2,654,366,728
98$4,118,768,320$212,373,551$84,012,397$2,921,547,929
99$4,538,673,400$222,570,567$86,617,524$3,215,828,869
100$5,001,402,206$233,260,644$89,303,330$3,539,966,920