Can I retire at age 40 with 14,200,000?

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 $14,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$1,172,623$1,162,178$1,151,987$1,142,040$1,132,328$1,110,374
2 years$580,506$569,695$559,217$549,058$539,204$517,175
3 years$383,160$372,302$361,850$351,787$342,093$320,676
4 years$284,506$273,681$263,334$253,443$243,984$223,343
5 years$225,329$214,569$204,358$194,668$185,472$165,667
6 years$185,891$175,212$165,152$155,678$146,758$127,810
7 years$157,732$147,143$137,242$127,991$119,354$101,267
8 years$136,622$126,129$116,392$107,369$99,015$81,786
9 years$120,212$109,818$100,248$91,454$83,385$67,001
10 years$107,092$96,799$87,399$78,834$71,048$55,495
11 years$96,364$86,174$76,945$68,610$61,104$46,363
12 years$87,430$77,345$68,286$60,180$52,951$39,001
13 years$79,877$69,898$61,009$53,130$46,175$32,992
14 years$73,408$63,535$54,817$47,163$40,476$28,038
15 years$67,807$58,040$49,493$42,061$35,639$23,918
16 years$62,911$53,251$44,872$37,661$31,498$20,468
17 years$58,596$49,042$40,832$33,838$27,928$17,563
18 years$54,764$45,317$37,274$30,495$24,832$15,104
19 years$51,339$41,999$34,123$27,555$22,133$13,014
20 years$48,261$39,028$31,316$24,956$19,770$11,231
21 years$45,480$36,353$28,805$22,649$17,692$9,706
22 years$42,955$33,934$26,548$20,593$15,858$8,398
23 years$40,653$31,738$24,513$18,755$14,235$7,274
24 years$38,545$29,736$22,670$17,105$12,795$6,306
25 years$36,610$27,906$20,997$15,622$11,514$5,470
26 years$34,826$26,227$19,474$14,284$10,371$4,749
27 years$33,177$24,683$18,083$13,074$9,350$4,125
28 years$31,649$23,259$16,810$11,979$8,437$3,585
29 years$30,228$21,942$15,644$10,985$7,618$3,116
30 years$28,905$20,722$14,571$10,081$6,884$2,710
31 years$27,670$19,589$13,584$9,259$6,224$2,358
32 years$26,514$18,535$12,675$8,509$5,630$2,052
33 years$25,430$17,553$11,834$7,825$5,095$1,786
34 years$24,412$16,636$11,057$7,200$4,613$1,555
35 years$23,455$15,779$10,338$6,628$4,178$1,354
36 years$22,553$14,977$9,671$6,104$3,785$1,179
37 years$21,701$14,225$9,052$5,624$3,431$1,027
38 years$20,897$13,518$8,476$5,184$3,110$895
39 years$20,135$12,855$7,942$4,780$2,821$780
40 years$19,414$12,230$7,444$4,408$2,558$679
41 years$18,729$11,642$6,980$4,067$2,321$592
42 years$18,079$11,087$6,547$3,754$2,106$516
43 years$17,460$10,564$6,144$3,465$1,911$450
44 years$16,872$10,070$5,767$3,199$1,735$392
45 years$16,311$9,602$5,415$2,955$1,575$341
46 years$15,776$9,160$5,086$2,729$1,430$298
47 years$15,265$8,742$4,778$2,522$1,299$259
48 years$14,777$8,345$4,490$2,330$1,179$226
49 years$14,311$7,969$4,220$2,153$1,071$197
50 years$13,864$7,612$3,968$1,990$973$172

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $14,200,000, adding $6,274 every year, while hoping to spend $26,343 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: 37/40/23 Blend
39$14,200,000$14,200,000$14,200,000$14,200,000
40$15,654,872$14,902,272$14,682,172$16,125,715
41$17,223,640$15,604,454$15,145,996$17,172,498
42$18,951,539$16,340,161$15,624,475$18,299,528
43$20,854,774$17,111,006$16,118,072$19,516,390
44$22,951,199$17,918,684$16,627,266$20,831,187
45$25,260,491$18,764,969$17,152,549$22,252,804
46$27,804,331$19,651,722$17,694,429$23,790,983
47$30,606,611$20,580,895$18,253,431$25,456,411
48$33,693,660$21,554,534$18,830,096$27,260,809
49$37,094,492$22,574,784$19,424,982$29,217,040
50$40,841,077$23,643,895$20,038,666$31,339,221
51$44,968,646$24,764,226$20,671,741$33,642,847
52$49,516,024$25,938,248$21,324,820$36,144,933
53$54,525,992$27,168,556$21,998,535$38,864,161
54$60,045,696$28,457,868$22,693,539$41,821,050
55$66,127,088$29,809,035$23,410,504$45,038,138
56$72,827,420$31,225,046$24,150,124$48,540,190
57$80,209,779$32,709,036$24,913,116$52,354,414
58$88,343,689$34,264,291$25,700,217$56,510,711
59$97,305,762$35,894,258$26,512,191$61,041,949
60$107,180,423$37,602,550$27,349,823$65,984,252
61$118,060,708$39,392,957$28,213,924$71,377,339
62$130,049,141$41,269,452$29,105,331$77,264,878
63$143,258,700$43,236,202$30,024,906$83,694,890
64$157,813,887$45,297,576$30,973,540$90,720,183
65$173,851,902$47,458,156$31,952,152$98,398,841
66$191,523,935$49,722,745$32,961,689$106,794,750
67$210,996,599$52,096,382$34,003,128$115,978,192
68$232,453,497$54,584,350$35,077,478$126,026,486
69$256,096,959$57,192,188$36,185,779$137,024,702
70$282,149,950$59,925,707$37,329,103$149,066,443
71$310,858,176$62,790,997$38,508,559$162,254,715
72$342,492,403$65,794,448$39,725,288$176,702,871
73$377,351,011$68,942,759$40,980,468$192,535,664
74$415,762,815$72,242,956$42,275,315$209,890,402
75$458,090,166$75,702,405$43,611,083$228,918,219
76$504,732,373$79,328,832$44,989,064$249,785,479
77$556,129,471$83,130,341$46,410,593$272,675,319
78$612,766,376$87,115,426$47,877,047$297,789,352
79$675,177,463$91,293,000$49,389,845$325,349,539
80$743,951,613$95,672,405$50,950,454$355,600,261
81$819,737,767$100,263,442$52,560,383$388,810,587
82$903,251,055$105,076,387$54,221,192$425,276,788
83$995,279,550$110,122,018$55,934,489$465,325,097
84$1,096,691,704$115,411,636$57,701,934$509,314,754
85$1,208,444,547$120,957,095$59,525,238$557,641,360
86$1,331,592,724$126,770,826$61,406,167$610,740,570
87$1,467,298,450$132,865,865$63,346,542$669,092,169
88$1,616,842,483$139,255,884$65,348,242$733,224,559
89$1,781,636,215$145,955,220$67,413,207$803,719,696
90$1,963,234,995$152,978,912$69,543,436$881,218,544
91$2,163,352,815$160,342,730$71,740,991$966,427,074
92$2,383,878,490$168,063,211$74,008,002$1,060,122,878
93$2,626,893,491$176,157,702$76,346,664$1,163,162,453
94$2,894,691,591$184,644,395$78,759,243$1,276,489,237
95$3,189,800,530$193,542,367$81,248,074$1,401,142,449
96$3,515,005,868$202,871,626$83,815,568$1,538,266,844
97$3,873,377,289$212,653,159$86,464,212$1,689,123,451
98$4,268,297,582$222,908,972$89,196,572$1,855,101,412
99$4,703,494,572$233,662,149$92,015,294$2,037,731,026
100$5,183,076,320$244,936,896$94,923,108$2,238,698,121