Can I retire at age 40 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,081,025
2 years$576,418$565,683$555,279$545,191$535,407$492,270
3 years$380,462$369,680$359,302$349,309$339,684$298,097
4 years$282,503$271,754$261,480$251,658$242,265$202,546
5 years$223,742$213,058$202,919$193,297$184,166$146,415
6 years$184,582$173,978$163,989$154,581$145,725$109,967
7 years$156,621$146,107$136,275$127,090$118,513$84,739
8 years$135,660$125,240$115,572$106,613$98,318$66,494
9 years$119,365$109,044$99,543$90,810$82,798$52,877
10 years$106,337$96,117$86,783$78,279$70,548$42,475
11 years$95,685$85,567$76,403$68,126$60,674$34,384
12 years$86,815$76,801$67,805$59,756$52,579$28,005
13 years$79,315$69,405$60,580$52,756$45,849$22,919
14 years$72,892$63,088$54,431$46,831$40,191$18,829
15 years$67,330$57,632$49,144$41,765$35,388$15,517
16 years$62,468$52,876$44,556$37,396$31,276$12,821
17 years$58,183$48,697$40,544$33,600$27,731$10,614
18 years$54,378$44,998$37,012$30,280$24,657$8,803
19 years$50,978$41,704$33,883$27,361$21,978$7,310
20 years$47,921$38,753$31,096$24,780$19,631$6,078
21 years$45,160$36,097$28,602$22,490$17,567$5,058
22 years$42,652$33,695$26,361$20,448$15,747$4,213
23 years$40,366$31,514$24,340$18,623$14,135$3,511
24 years$38,274$29,527$22,510$16,985$12,705$2,928
25 years$36,352$27,710$20,849$15,512$11,433$2,442
26 years$34,581$26,043$19,336$14,183$10,298$2,038
27 years$32,943$24,509$17,956$12,982$9,285$1,701
28 years$31,426$23,095$16,692$11,894$8,378$1,421
29 years$30,015$21,787$15,533$10,907$7,565$1,187
30 years$28,702$20,576$14,469$10,010$6,835$991
31 years$27,475$19,451$13,489$9,194$6,180$828
32 years$26,327$18,405$12,585$8,449$5,590$692
33 years$25,251$17,429$11,751$7,770$5,059$578
34 years$24,241$16,519$10,979$7,149$4,580$483
35 years$23,290$15,668$10,265$6,581$4,149$404
36 years$22,394$14,871$9,603$6,061$3,759$338
37 years$21,549$14,124$8,988$5,584$3,407$282
38 years$20,750$13,423$8,417$5,147$3,089$236
39 years$19,993$12,764$7,886$4,746$2,801$197
40 years$19,277$12,144$7,391$4,377$2,540$165
41 years$18,597$11,560$6,931$4,039$2,305$138
42 years$17,951$11,009$6,501$3,727$2,091$115
43 years$17,337$10,490$6,100$3,441$1,898$96
44 years$16,753$9,999$5,726$3,177$1,723$81
45 years$16,196$9,535$5,377$2,934$1,564$67
46 years$15,665$9,096$5,050$2,710$1,420$56
47 years$15,158$8,680$4,744$2,504$1,289$47
48 years$14,673$8,286$4,458$2,314$1,171$39
49 years$14,210$7,913$4,191$2,138$1,064$33
50 years$13,767$7,559$3,940$1,976$966$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $14,100,000, adding $3,875 every year, while hoping to spend $20,131 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: 68/15/17 Blend
39$14,100,000$14,100,000$14,100,000$14,100,000
40$15,542,197$14,794,897$14,576,347$16,535,340
41$17,106,082$15,498,428$15,043,235$17,902,077
42$18,828,808$16,235,757$15,525,090$19,393,753
43$20,726,557$17,008,519$16,022,391$21,024,875
44$22,817,158$17,818,429$16,535,633$22,809,160
45$25,120,260$18,667,283$17,065,328$24,761,706
46$27,657,514$19,556,968$17,612,005$26,899,126
47$30,452,781$20,489,460$18,176,207$29,239,707
48$33,532,352$21,466,831$18,758,497$31,803,576
49$36,925,201$22,491,254$19,359,456$34,612,889
50$40,663,255$23,565,010$19,979,682$37,692,035
51$44,781,700$24,690,488$20,619,794$41,067,864
52$49,319,305$25,870,194$21,280,429$44,769,937
53$54,318,798$27,106,757$21,962,247$48,830,800
54$59,827,260$28,402,932$22,665,926$53,286,288
55$65,896,575$29,761,611$23,392,170$58,175,859
56$72,583,919$31,185,823$24,141,700$63,542,961
57$79,952,297$32,678,747$24,915,266$69,435,441
58$88,071,142$34,243,716$25,713,638$75,905,988
59$97,016,966$35,884,226$26,537,612$83,012,627
60$106,874,085$37,603,941$27,388,011$90,819,262
61$117,735,413$39,406,706$28,265,681$99,396,275
62$129,703,343$41,296,552$29,171,499$108,821,181
63$142,890,707$43,277,706$30,106,367$119,179,357
64$157,421,848$45,354,602$31,071,219$130,564,842
65$173,433,788$47,531,889$32,067,016$143,081,216
66$191,077,525$49,814,443$33,094,753$156,842,572
67$210,519,459$52,207,377$34,155,453$171,974,588
68$231,942,959$54,716,054$35,250,176$188,615,704
69$255,550,097$57,346,097$36,380,013$206,918,422
70$281,563,555$60,103,404$37,546,092$227,050,736
71$310,228,728$62,994,161$38,749,576$249,197,713
72$341,816,037$66,024,853$39,991,666$273,563,228
73$376,623,487$69,202,286$41,273,601$300,371,883
74$414,979,477$72,533,592$42,596,661$329,871,114
75$457,245,900$76,026,255$43,962,166$362,333,518
76$503,821,562$79,688,121$45,371,478$398,059,420
77$555,145,944$83,527,421$46,826,005$437,379,690
78$611,703,351$87,552,786$48,327,197$480,658,862
79$674,027,489$91,773,269$49,876,554$528,298,560
80$742,706,496$96,198,362$51,475,622$580,741,278
81$818,388,501$100,838,024$53,125,997$638,474,545
82$901,787,737$105,702,696$54,829,327$702,035,511
83$993,691,289$110,803,331$56,587,312$772,016,009
84$1,094,966,521$116,151,414$58,401,708$849,068,123
85$1,206,569,266$121,758,994$60,274,325$933,910,329
86$1,329,552,850$127,638,704$62,207,035$1,027,334,265
87$1,465,078,036$133,803,796$64,201,765$1,130,212,185
88$1,614,423,981$140,268,167$66,260,510$1,243,505,173
89$1,779,000,314$147,046,394$68,385,324$1,368,272,206
90$1,960,360,443$154,153,764$70,578,329$1,505,680,123
91$2,160,216,221$161,606,311$72,841,716$1,657,014,628
92$2,380,454,108$169,420,852$75,177,745$1,823,692,399
93$2,623,152,977$177,615,025$77,588,750$2,007,274,449
94$2,890,603,747$186,207,327$80,077,139$2,209,480,833
95$3,185,331,004$195,217,161$82,645,398$2,432,206,865
96$3,510,116,839$204,664,875$85,296,093$2,677,540,988
97$3,868,027,116$214,571,813$88,031,871$2,947,784,458
98$4,262,440,409$224,960,359$90,855,465$3,245,473,048
99$4,697,079,905$235,853,991$93,769,698$3,573,400,956
100$5,176,048,553$247,277,334$96,777,481$3,934,647,153