Can I retire at age 40 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,091,391
2 years$568,242$557,659$547,403$537,458$527,812$510,712
3 years$375,065$364,436$354,206$344,355$334,866$318,211
4 years$278,495$267,899$257,771$248,088$238,829$222,749
5 years$220,569$210,036$200,041$190,555$181,554$166,095
6 years$181,964$171,510$161,663$152,389$143,658$128,837
7 years$154,399$144,034$134,343$125,287$116,832$102,655
8 years$133,736$123,464$113,933$105,100$96,923$83,387
9 years$117,672$107,498$98,131$89,522$81,624$68,722
10 years$104,829$94,754$85,552$77,169$69,547$57,270
11 years$94,328$84,354$75,319$67,160$59,813$48,147
12 years$85,583$75,711$66,844$58,908$51,833$40,764
13 years$78,190$68,421$59,720$52,007$45,199$34,712
14 years$71,858$62,193$53,659$46,166$39,621$29,699
15 years$66,375$56,814$48,447$41,172$34,886$25,510
16 years$61,582$52,126$43,924$36,865$30,832$21,984
17 years$57,358$48,006$39,969$33,123$27,338$18,999
18 years$53,607$44,360$36,487$29,851$24,308$16,457
19 years$50,255$41,112$33,402$26,973$21,666$14,285
20 years$47,242$38,203$30,655$24,429$19,352$12,421
21 years$44,519$35,585$28,196$22,171$17,318$10,816
22 years$42,047$33,217$25,987$20,158$15,523$9,430
23 years$39,794$31,067$23,995$18,359$13,935$8,232
24 years$37,731$29,108$22,191$16,744$12,525$7,192
25 years$35,836$27,317$20,553$15,292$11,270$6,289
26 years$34,090$25,673$19,062$13,982$10,152$5,503
27 years$32,476$24,161$17,701$12,798$9,153$4,819
28 years$30,980$22,767$16,455$11,726$8,259$4,222
29 years$29,590$21,478$15,313$10,753$7,457$3,701
30 years$28,294$20,284$14,264$9,868$6,738$3,245
31 years$27,085$19,175$13,297$9,063$6,092$2,847
32 years$25,954$18,144$12,407$8,329$5,511$2,498
33 years$24,893$17,182$11,584$7,660$4,987$2,192
34 years$23,897$16,285$10,824$7,047$4,515$1,925
35 years$22,960$15,446$10,119$6,488$4,090$1,690
36 years$22,076$14,660$9,466$5,975$3,705$1,485
37 years$21,243$13,924$8,860$5,505$3,358$1,304
38 years$20,455$13,233$8,297$5,074$3,045$1,146
39 years$19,710$12,583$7,774$4,679$2,761$1,007
40 years$19,003$11,972$7,286$4,315$2,504$885
41 years$18,333$11,396$6,832$3,981$2,272$778
42 years$17,697$10,853$6,409$3,674$2,062$684
43 years$17,091$10,341$6,014$3,392$1,871$601
44 years$16,515$9,857$5,645$3,132$1,698$528
45 years$15,966$9,400$5,301$2,892$1,542$464
46 years$15,442$8,967$4,978$2,672$1,400$408
47 years$14,943$8,557$4,677$2,468$1,271$359
48 years$14,465$8,169$4,395$2,281$1,154$316
49 years$14,008$7,801$4,131$2,108$1,048$277
50 years$13,571$7,452$3,884$1,948$952$244

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $13,900,000, adding $5,480 every year, while hoping to spend $40,306 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: 43/41/16 Blend
39$13,900,000$13,900,000$13,900,000$13,900,000
40$15,323,453$14,586,753$14,371,303$15,910,835
41$16,843,560$15,258,618$14,809,856$16,995,998
42$18,517,366$15,962,054$15,261,750$18,166,508
43$20,360,508$16,698,565$15,727,389$19,433,760
44$22,390,213$17,469,728$16,207,190$20,806,665
45$24,625,465$18,277,195$16,701,581$22,295,000
46$27,087,184$19,122,699$17,211,005$23,909,497
47$29,798,420$20,008,055$17,735,917$25,661,935
48$32,784,576$20,935,166$18,276,787$27,565,247
49$36,073,641$21,906,027$18,834,098$29,633,634
50$39,696,459$22,922,730$19,408,347$31,882,694
51$43,687,018$23,987,464$20,000,047$34,329,560
52$48,082,773$25,102,529$20,609,728$36,993,055
53$52,924,995$26,270,331$21,237,932$39,893,862
54$58,259,163$27,493,396$21,885,222$43,054,710
55$64,135,394$28,774,370$22,552,174$46,500,583
56$70,608,916$30,116,026$23,239,383$50,258,940
57$77,740,586$31,521,271$23,947,463$54,359,972
58$85,597,468$32,993,155$24,677,045$58,836,874
59$94,253,463$34,534,873$25,428,779$63,726,147
60$103,790,008$36,149,774$26,203,335$69,067,931
61$114,296,846$37,841,370$27,001,404$74,906,377
62$125,872,869$39,613,342$27,823,696$81,290,047
63$138,627,056$41,469,550$28,670,943$88,272,363
64$152,679,497$43,414,039$29,543,901$95,912,096
65$168,162,530$45,451,052$30,443,347$104,273,908
66$185,221,989$47,585,034$31,370,080$113,428,949
67$204,018,579$49,820,648$32,324,925$123,455,513
68$224,729,396$52,162,782$33,308,732$134,439,762
69$247,549,596$54,616,559$34,322,375$146,476,519
70$272,694,236$57,187,352$35,366,757$159,670,153
71$300,400,309$59,880,794$36,442,804$174,135,540
72$330,928,977$62,702,788$37,551,474$189,999,133
73$364,568,035$65,659,528$38,693,751$207,400,133
74$401,634,632$68,757,503$39,870,649$226,491,783
75$442,478,264$72,003,519$41,083,215$247,442,796
76$487,484,068$75,404,713$42,332,524$270,438,920
77$537,076,464$78,968,565$43,619,685$295,684,673
78$591,723,159$82,702,920$44,945,840$323,405,243
79$651,939,561$86,616,003$46,312,165$353,848,596
80$718,293,646$90,716,437$47,719,873$387,287,781
81$791,411,320$95,013,264$49,170,210$424,023,486
82$871,982,325$99,515,965$50,664,463$464,386,843
83$960,766,756$104,234,480$52,203,956$508,742,523
84$1,058,602,228$109,179,233$53,790,052$557,492,151
85$1,166,411,793$114,361,153$55,424,156$611,078,053
86$1,285,212,645$119,791,699$57,107,714$669,987,409
87$1,416,125,730$125,482,888$58,842,218$734,756,802
88$1,560,386,324$131,447,318$60,629,202$805,977,254
89$1,719,355,695$137,698,203$62,470,246$884,299,761
90$1,894,533,956$144,249,395$64,366,979$970,441,392
91$2,087,574,225$151,115,420$66,321,078$1,065,192,021
92$2,300,298,232$158,311,512$68,334,271$1,169,421,729
93$2,534,713,518$165,853,643$70,408,335$1,284,088,974
94$2,793,032,386$173,758,561$72,545,104$1,410,249,585
95$3,077,692,789$182,043,830$74,746,464$1,549,066,676
96$3,391,381,343$190,727,867$77,014,360$1,701,821,571
97$3,737,058,692$199,829,984$79,350,793$1,869,925,837
98$4,117,987,458$209,370,433$81,757,824$2,054,934,552
99$4,537,763,045$219,370,451$84,237,578$2,258,560,920
100$5,000,347,579$229,852,306$86,792,240$2,482,692,374