Can I retire at age 40 with 14,400,000?

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 $14,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$1,189,139$1,178,546$1,168,212$1,158,125$1,148,276$1,138,655
2 years$588,682$577,719$567,093$556,791$546,798$537,101
3 years$388,557$377,546$366,947$356,741$346,911$337,439
4 years$288,513$277,536$267,043$257,012$247,420$238,246
5 years$228,503$217,592$207,237$197,410$188,085$179,235
6 years$188,509$177,680$167,478$157,870$148,825$140,312
7 years$159,953$149,215$139,175$129,794$121,035$112,861
8 years$138,546$127,905$118,031$108,881$100,410$92,576
9 years$121,905$111,364$101,660$92,742$84,560$77,063
10 years$108,600$98,162$88,630$79,945$72,049$64,885
11 years$97,721$87,388$78,028$69,576$61,965$55,128
12 years$88,662$78,435$69,248$61,027$53,697$47,182
13 years$81,002$70,882$61,869$53,878$46,825$40,624
14 years$74,442$64,430$55,589$47,827$41,047$35,152
15 years$68,762$58,858$50,190$42,653$36,141$30,544
16 years$63,797$54,001$45,504$38,191$31,941$26,633
17 years$59,421$49,733$41,407$34,315$28,321$23,293
18 years$55,535$45,955$37,799$30,924$25,182$20,424
19 years$52,063$42,591$34,603$27,943$22,445$17,949
20 years$48,941$39,578$31,757$25,308$20,048$15,803
21 years$46,120$36,865$29,211$22,968$17,941$13,937
22 years$43,560$34,412$26,922$20,883$16,082$12,309
23 years$41,225$32,185$24,858$19,019$14,436$10,886
24 years$39,088$30,155$22,989$17,346$12,975$9,637
25 years$37,125$28,299$21,293$15,842$11,676$8,540
26 years$35,316$26,597$19,748$14,485$10,517$7,574
27 years$33,644$25,031$18,338$13,258$9,482$6,723
28 years$32,094$23,586$17,047$12,147$8,556$5,971
29 years$30,654$22,251$15,864$11,139$7,726$5,306
30 years$29,312$21,014$14,777$10,223$6,981$4,718
31 years$28,059$19,865$13,776$9,389$6,311$4,197
32 years$26,887$18,796$12,853$8,629$5,709$3,735
33 years$25,788$17,800$12,001$7,935$5,167$3,325
34 years$24,756$16,871$11,213$7,301$4,678$2,961
35 years$23,785$16,002$10,483$6,721$4,237$2,638
36 years$22,871$15,188$9,807$6,190$3,839$2,350
37 years$22,007$14,425$9,179$5,703$3,479$2,095
38 years$21,191$13,709$8,596$5,257$3,154$1,867
39 years$20,419$13,036$8,053$4,847$2,860$1,665
40 years$19,687$12,402$7,548$4,471$2,594$1,484
41 years$18,993$11,806$7,078$4,125$2,354$1,324
42 years$18,333$11,244$6,639$3,807$2,136$1,181
43 years$17,706$10,713$6,230$3,514$1,938$1,053
44 years$17,109$10,212$5,848$3,245$1,759$940
45 years$16,540$9,738$5,491$2,996$1,597$838
46 years$15,998$9,289$5,157$2,768$1,450$748
47 years$15,480$8,865$4,845$2,557$1,317$667
48 years$14,985$8,463$4,553$2,363$1,196$596
49 years$14,512$8,081$4,280$2,184$1,086$532
50 years$14,059$7,720$4,024$2,018$987$474

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $14,400,000, adding $5,613 every year, while hoping to spend $49,217 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: 55/23/22 Blend
39$14,400,000$14,400,000$14,400,000$14,400,000
40$15,874,590$15,111,390$14,888,190$16,652,209
41$17,441,431$15,799,481$15,334,578$17,873,729
42$19,166,441$16,519,640$15,794,270$19,197,654
43$21,065,701$17,273,385$16,267,660$20,638,413
44$23,156,930$18,062,308$16,755,154$22,207,223
45$25,459,654$18,888,078$17,257,169$23,916,416
46$27,995,388$19,752,443$17,774,134$25,779,552
47$30,787,841$20,657,236$18,306,491$27,811,543
48$33,863,137$21,604,377$18,854,694$30,028,790
49$37,250,063$22,595,879$19,419,213$32,449,334
50$40,980,343$23,633,850$20,000,530$35,093,019
51$45,088,930$24,720,500$20,599,140$37,981,679
52$49,614,344$25,858,148$21,215,554$41,139,334
53$54,599,029$27,049,219$21,850,297$44,592,417
54$60,089,759$28,296,261$22,503,912$48,370,014
55$66,138,076$29,601,938$23,176,953$52,504,133
56$72,800,773$30,969,047$23,869,996$57,030,004
57$80,140,440$32,400,518$24,583,628$61,986,402
58$88,226,043$33,899,422$25,318,458$67,416,007
59$97,133,583$35,468,977$26,075,109$73,365,802
60$106,946,809$37,112,557$26,854,226$79,887,508
61$117,758,010$38,833,699$27,656,470$87,038,066
62$129,668,887$40,636,111$28,482,521$94,880,165
63$142,791,510$42,523,676$29,333,082$103,482,828
64$157,249,376$44,500,468$30,208,873$112,922,054
65$173,178,579$46,570,758$31,110,636$123,281,527
66$190,729,087$48,739,018$32,039,136$134,653,400
67$210,066,166$51,009,942$32,995,159$147,139,148
68$231,371,933$53,388,447$33,979,514$160,850,523
69$254,847,076$55,879,687$34,993,034$175,910,598
70$280,712,753$58,489,067$36,036,576$192,454,914
71$309,212,675$61,222,252$37,111,022$210,632,752
72$340,615,406$64,085,181$38,217,280$230,608,529
73$375,216,901$67,084,078$39,356,282$252,563,336
74$413,343,299$70,225,472$40,528,991$276,696,641
75$455,353,998$73,516,203$41,736,396$303,228,152
76$501,645,054$76,963,445$42,979,513$332,399,878
77$552,652,914$80,574,718$44,259,391$364,478,405
78$608,858,537$84,357,906$45,577,107$399,757,388
79$670,791,937$88,321,272$46,933,769$438,560,316
80$739,037,184$92,473,484$48,330,520$481,243,544
81$814,237,917$96,823,624$49,768,532$528,199,641
82$897,103,421$101,381,218$51,249,014$579,861,077
83$988,415,323$106,156,251$52,773,210$636,704,289
84$1,089,034,971$111,159,193$54,342,397$699,254,157
85$1,199,911,564$116,401,019$55,957,893$768,088,938
86$1,322,091,112$121,893,237$57,621,051$843,845,705
87$1,456,726,314$127,647,915$59,333,265$927,226,336
88$1,605,087,437$133,677,702$61,095,968$1,019,004,119
89$1,768,574,308$139,995,861$62,910,636$1,120,031,024
90$1,948,729,531$146,616,302$64,778,785$1,231,245,726
91$2,147,253,046$153,553,604$66,701,978$1,353,682,431
92$2,366,018,183$160,823,057$68,681,820$1,488,480,619
93$2,607,089,341$168,440,690$70,719,965$1,636,895,768
94$2,872,741,483$176,423,313$72,818,113$1,800,311,172
95$3,165,481,608$184,788,549$74,978,013$1,980,250,977
96$3,488,072,421$193,554,876$77,201,465$2,178,394,525
97$3,843,558,415$202,741,672$79,490,322$2,396,592,180
98$4,235,294,612$212,369,254$81,846,487$2,636,882,757
99$4,666,978,239$222,458,923$84,271,920$2,901,512,731
100$5,142,683,628$233,033,019$86,768,638$3,192,957,403