Can I retire at age 40 with 14,300,000?

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 $14,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$1,180,881$1,170,362$1,160,100$1,150,083$1,140,302$1,123,262
2 years$584,594$573,707$563,155$552,924$543,001$525,872
3 years$385,858$374,924$364,399$354,264$344,502$327,816
4 years$286,510$275,609$265,189$255,227$245,702$229,588
5 years$226,916$216,081$205,797$196,039$186,779$171,284
6 years$187,200$176,446$166,315$156,774$147,792$132,934
7 years$158,843$148,179$138,208$128,893$120,194$105,979
8 years$137,584$127,017$117,212$108,125$99,713$86,137
9 years$121,058$110,591$100,954$92,098$83,972$71,030
10 years$107,846$97,481$88,014$79,390$71,549$59,230
11 years$97,042$86,781$77,486$69,093$61,534$49,826
12 years$88,046$77,890$68,767$60,604$53,324$42,213
13 years$80,440$70,390$61,439$53,504$46,500$35,969
14 years$73,925$63,982$55,203$47,495$40,761$30,795
15 years$68,285$58,449$49,841$42,357$35,890$26,469
16 years$63,354$53,626$45,188$37,926$31,719$22,827
17 years$59,008$49,388$41,120$34,076$28,125$19,741
18 years$55,150$45,636$37,537$30,710$25,007$17,113
19 years$51,701$42,295$34,363$27,749$22,289$14,865
20 years$48,601$39,303$31,537$25,132$19,909$12,935
21 years$45,800$36,609$29,008$22,809$17,817$11,272
22 years$43,257$34,173$26,735$20,738$15,970$9,835
23 years$40,939$31,961$24,685$18,887$14,336$8,592
24 years$38,817$29,946$22,830$17,226$12,885$7,513
25 years$36,868$28,103$21,145$15,732$11,595$6,574
26 years$35,071$26,412$19,611$14,384$10,444$5,758
27 years$33,411$24,857$18,210$13,166$9,416$5,046
28 years$31,872$23,422$16,929$12,063$8,496$4,424
29 years$30,441$22,096$15,754$11,062$7,672$3,881
30 years$29,109$20,868$14,674$10,152$6,932$3,406
31 years$27,864$19,727$13,680$9,324$6,267$2,990
32 years$26,700$18,666$12,764$8,569$5,669$2,626
33 years$25,609$17,677$11,918$7,880$5,131$2,307
34 years$24,584$16,753$11,135$7,250$4,645$2,027
35 years$23,620$15,890$10,411$6,674$4,207$1,782
36 years$22,712$15,082$9,739$6,147$3,812$1,566
37 years$21,854$14,325$9,115$5,663$3,455$1,377
38 years$21,044$13,614$8,536$5,220$3,132$1,211
39 years$20,277$12,945$7,997$4,813$2,840$1,065
40 years$19,550$12,316$7,496$4,440$2,576$937
41 years$18,861$11,724$7,029$4,096$2,337$824
42 years$18,206$11,165$6,593$3,780$2,121$725
43 years$17,583$10,638$6,187$3,490$1,925$638
44 years$16,990$10,141$5,808$3,222$1,747$561
45 years$16,426$9,670$5,453$2,976$1,586$494
46 years$15,887$9,225$5,122$2,749$1,440$434
47 years$15,373$8,803$4,812$2,539$1,308$382
48 years$14,881$8,404$4,522$2,346$1,188$336
49 years$14,411$8,025$4,250$2,169$1,079$296
50 years$13,962$7,666$3,996$2,004$980$261

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $14,300,000, adding $4,477 every year, while hoping to spend $26,172 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: 76/14/10 Blend
39$14,300,000$14,300,000$14,300,000$14,300,000
40$15,763,218$15,005,318$14,783,668$16,933,178
41$17,343,219$15,712,732$15,251,074$18,411,506
42$19,083,504$16,453,932$15,733,261$20,027,793
43$21,000,392$17,230,546$16,230,697$21,798,768
44$23,111,870$18,044,280$16,743,863$23,739,796
45$25,437,756$18,896,925$17,273,257$25,867,789
46$27,999,890$19,790,357$17,819,394$28,201,367
47$30,822,336$20,726,542$18,382,801$30,761,028
48$33,931,616$21,707,544$18,964,026$33,569,344
49$37,356,952$22,735,525$19,563,633$36,651,166
50$41,130,549$23,812,753$20,182,202$40,033,858
51$45,287,892$24,941,605$20,820,333$43,747,552
52$49,868,089$26,124,575$21,478,646$47,825,431
53$54,914,231$27,364,277$22,157,778$52,304,036
54$60,473,808$28,663,452$22,858,389$57,223,609
55$66,599,149$30,024,973$23,581,157$62,628,470
56$73,347,920$31,451,855$24,326,784$68,567,433
57$80,783,669$32,947,258$25,095,992$75,094,256
58$88,976,424$34,514,494$25,889,529$82,268,155
59$98,003,354$36,157,038$26,708,162$90,154,349
60$107,949,497$37,878,535$27,552,687$98,824,679
61$118,908,566$39,682,803$28,423,923$108,358,274
62$130,983,829$41,573,850$29,322,713$118,842,300
63$144,289,086$43,555,875$30,249,931$130,372,775
64$158,949,745$45,633,284$31,206,475$143,055,469
65$175,104,000$47,810,696$32,193,273$157,006,898
66$192,904,142$50,092,955$33,211,282$172,355,419
67$212,517,995$52,485,140$34,261,490$189,242,436
68$234,130,496$54,992,577$35,344,916$207,823,724
69$257,945,445$57,620,853$36,462,609$228,270,900
70$284,187,429$60,375,823$37,615,655$250,773,032
71$313,103,939$63,263,630$38,805,172$275,538,417
72$344,967,709$66,290,716$40,032,313$302,796,539
73$380,079,289$69,463,835$41,298,269$332,800,232
74$418,769,884$72,790,071$42,604,269$365,828,053
75$461,404,479$76,276,851$43,951,578$402,186,906
76$508,385,284$79,931,965$45,341,505$442,214,930
77$560,155,535$83,763,582$46,775,396$486,284,682
78$617,203,671$87,780,270$48,254,644$534,806,643
79$680,067,955$91,991,012$49,780,684$588,233,086
80$749,341,544$96,405,230$51,354,995$647,062,330
81$825,678,100$101,032,805$52,979,106$711,843,437
82$909,797,951$105,884,097$54,654,591$783,181,384
83$1,002,494,899$110,969,975$56,383,076$861,742,757
84$1,104,643,709$116,301,833$58,166,239$948,262,038
85$1,217,208,368$121,891,624$60,005,810$1,043,548,520
86$1,341,251,190$127,751,882$61,903,572$1,148,493,936
87$1,477,942,837$133,895,750$63,861,368$1,264,080,862
88$1,628,573,380$140,337,015$65,881,097$1,391,391,977
89$1,794,564,469$147,090,133$67,964,718$1,531,620,270
90$1,977,482,763$154,170,268$70,114,254$1,686,080,284
91$2,179,054,713$161,593,319$72,331,790$1,856,220,507
92$2,401,182,866$169,375,965$74,619,477$2,043,637,032
93$2,645,963,825$177,535,694$76,979,537$2,250,088,605
94$2,915,708,042$186,090,849$79,414,257$2,477,513,206
95$3,212,961,630$195,060,668$81,926,003$2,728,046,326
96$3,540,530,402$204,465,326$84,517,209$3,004,041,104
97$3,901,506,359$214,325,983$87,190,392$3,308,090,520
98$4,299,296,882$224,664,831$89,948,144$3,643,051,853
99$4,737,656,900$235,505,144$92,793,143$4,012,073,625
100$5,220,724,340$246,871,332$95,728,150$4,418,625,304