Can I retire at age 40 with 14,000,000?

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 $14,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,071,663
2 years$572,330$561,671$551,341$541,325$531,609$487,120
3 years$377,763$367,058$356,754$346,832$337,275$294,413
4 years$280,499$269,827$259,625$249,873$240,547$199,639
5 years$222,156$211,547$201,480$191,926$182,860$144,010
6 years$183,273$172,744$162,826$153,485$144,691$107,923
7 years$155,510$145,070$135,309$126,189$117,673$82,972
8 years$134,698$124,352$114,753$105,856$97,621$64,953
9 years$118,519$108,271$98,837$90,166$82,211$51,525
10 years$105,583$95,436$86,168$77,724$70,048$41,283
11 years$95,006$84,961$75,861$67,643$60,243$33,333
12 years$86,199$76,256$67,325$59,332$52,206$27,076
13 years$78,752$68,913$60,150$52,381$45,524$22,098
14 years$72,375$62,640$54,045$46,498$39,906$18,104
15 years$66,852$57,223$48,795$41,468$35,137$14,877
16 years$62,025$52,501$44,240$37,130$31,054$12,256
17 years$57,770$48,351$40,257$33,361$27,535$10,117
18 years$53,993$44,679$36,749$30,065$24,482$8,365
19 years$50,616$41,408$33,642$27,167$21,822$6,926
20 years$47,582$38,478$30,875$24,605$19,492$5,740
21 years$44,839$35,841$28,399$22,330$17,443$4,762
22 years$42,350$33,456$26,174$20,303$15,635$3,954
23 years$40,080$31,291$24,167$18,491$14,035$3,285
24 years$38,003$29,318$22,351$16,865$12,615$2,730
25 years$36,094$27,513$20,701$15,402$11,351$2,271
26 years$34,335$25,858$19,199$14,082$10,225$1,889
27 years$32,710$24,335$17,828$12,890$9,219$1,572
28 years$31,203$22,931$16,574$11,810$8,318$1,308
29 years$29,803$21,633$15,423$10,830$7,511$1,089
30 years$28,498$20,430$14,366$9,939$6,787$907
31 years$27,280$19,313$13,393$9,128$6,136$755
32 years$26,140$18,274$12,496$8,389$5,550$629
33 years$25,072$17,306$11,668$7,715$5,023$524
34 years$24,069$16,402$10,902$7,098$4,548$436
35 years$23,125$15,557$10,192$6,534$4,119$363
36 years$22,235$14,766$9,535$6,018$3,732$303
37 years$21,396$14,024$8,924$5,545$3,383$252
38 years$20,602$13,328$8,357$5,111$3,067$210
39 years$19,852$12,674$7,830$4,712$2,781$175
40 years$19,140$12,058$7,339$4,346$2,522$146
41 years$18,465$11,478$6,881$4,010$2,288$122
42 years$17,824$10,931$6,455$3,701$2,076$101
43 years$17,214$10,415$6,057$3,416$1,885$84
44 years$16,634$9,928$5,686$3,154$1,711$70
45 years$16,081$9,467$5,339$2,913$1,553$59
46 years$15,554$9,031$5,014$2,691$1,410$49
47 years$15,050$8,619$4,711$2,486$1,280$41
48 years$14,569$8,228$4,427$2,297$1,163$34
49 years$14,109$7,857$4,161$2,123$1,056$28
50 years$13,669$7,505$3,912$1,962$959$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $14,000,000, adding $5,677 every year, while hoping to spend $38,252 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: 55/22/23 Blend
39$14,000,000$14,000,000$14,000,000$14,000,000
40$15,433,856$14,691,856$14,474,856$16,185,355
41$16,967,409$15,371,057$14,919,064$17,380,651
42$18,656,103$16,082,257$15,376,870$18,677,218
43$20,515,721$16,826,983$15,848,691$20,088,453
44$22,563,657$17,606,837$16,334,954$21,625,370
45$24,819,074$18,423,496$16,836,100$23,300,077
46$27,303,093$19,278,721$17,352,582$25,125,888
47$30,038,984$20,174,354$17,884,870$27,117,445
48$33,052,393$21,112,330$18,433,445$29,290,852
49$36,371,576$22,094,673$18,998,804$31,663,822
50$40,027,672$23,123,507$19,581,460$34,255,839
51$44,054,996$24,201,060$20,181,940$37,088,341
52$48,491,358$25,329,665$20,800,787$40,184,913
53$53,378,426$26,511,768$21,438,563$43,571,508
54$58,762,115$27,749,934$22,095,845$47,276,684
55$64,693,022$29,046,852$22,773,226$51,331,869
56$71,226,901$30,405,339$23,471,321$55,771,653
57$78,425,196$31,828,351$24,190,760$60,634,109
58$86,355,610$33,318,985$24,932,195$65,961,141
59$95,092,754$34,880,487$25,696,296$71,798,880
60$104,718,847$36,516,263$26,483,754$78,198,109
61$115,324,490$38,229,880$27,295,280$85,214,734
62$127,009,525$40,025,081$28,131,609$92,910,308
63$139,883,974$41,905,788$28,993,495$101,352,599
64$154,069,081$43,876,113$29,881,719$110,616,228
65$169,698,452$45,940,368$30,797,081$120,783,360
66$186,919,321$48,103,072$31,740,410$131,944,473
67$205,893,934$50,368,965$32,712,556$144,199,200
68$226,801,086$52,743,015$33,714,398$157,657,265
69$249,837,806$55,230,432$34,746,839$172,439,505
70$275,221,216$57,836,677$35,810,812$188,678,998
71$303,190,582$60,567,476$36,907,277$206,522,315
72$334,009,573$63,428,834$38,037,222$226,130,886
73$367,968,748$66,427,046$39,201,668$247,682,514
74$405,388,300$69,568,711$40,401,663$271,373,041
75$446,621,079$72,860,750$41,638,291$297,418,184
76$492,055,921$76,310,419$42,912,666$326,055,556
77$542,121,321$79,925,325$44,225,936$357,546,897
78$597,289,477$83,713,447$45,579,286$392,180,528
79$658,080,745$87,683,147$46,973,933$430,274,059
80$725,068,556$91,843,197$48,411,135$472,177,369
81$798,884,827$96,202,791$49,892,187$518,275,892
82$880,225,924$100,771,573$51,418,420$568,994,238
83$969,859,242$105,559,653$52,991,210$624,800,186
84$1,068,630,441$110,577,633$54,611,972$686,209,074
85$1,177,471,437$115,836,628$56,282,165$753,788,649
86$1,297,409,197$121,348,297$58,003,291$828,164,403
87$1,429,575,432$127,124,860$59,776,898$910,025,455
88$1,575,217,284$133,179,136$61,604,582$1,000,131,035
89$1,735,709,097$139,524,564$63,487,985$1,099,317,626
90$1,912,565,394$146,175,236$65,428,802$1,208,506,835
91$2,107,455,174$153,145,932$67,428,776$1,328,714,068
92$2,322,217,666$160,452,148$69,489,704$1,461,058,087
93$2,558,879,698$168,110,132$71,613,439$1,606,771,542
94$2,819,674,825$176,136,927$73,801,888$1,767,212,577
95$3,107,064,422$184,550,401$76,057,015$1,943,877,623
96$3,423,760,914$193,369,292$78,380,847$2,138,415,487
97$3,772,753,390$202,613,250$80,775,468$2,352,642,888
98$4,157,335,818$212,302,882$83,243,028$2,588,561,565
99$4,581,138,144$222,459,795$85,785,742$2,848,377,143
100$5,048,160,559$233,106,650$88,405,889$3,134,519,910