Can I retire at age 40 with 14,600,000?

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 $14,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$1,205,654$1,194,915$1,184,437$1,174,210$1,164,225$1,154,952
2 years$596,859$585,743$574,970$564,524$554,393$545,046
3 years$393,953$382,789$372,043$361,696$351,729$342,598
4 years$292,520$281,391$270,752$260,582$250,856$242,010
5 years$231,677$220,614$210,115$200,152$190,697$182,162
6 years$191,127$180,148$169,804$160,063$150,892$142,680
7 years$162,175$151,288$141,108$131,597$122,716$114,829
8 years$140,471$129,682$119,671$110,393$101,804$94,244
9 years$123,598$112,911$103,072$94,030$85,734$78,498
10 years$110,108$99,526$89,861$81,055$73,050$66,133
11 years$99,078$88,602$79,112$70,542$62,825$56,223
12 years$89,893$79,524$70,210$61,875$54,443$48,149
13 years$82,127$71,867$62,728$54,626$47,475$41,483
14 years$75,476$65,325$56,361$48,491$41,617$35,919
15 years$69,718$59,675$50,887$43,246$36,643$31,231
16 years$64,684$54,751$46,136$38,722$32,385$27,251
17 years$60,246$50,424$41,982$34,791$28,715$23,850
18 years$56,307$46,594$38,324$31,354$25,532$20,928
19 years$52,786$43,183$35,084$28,331$22,757$18,404
20 years$49,621$40,127$32,198$25,659$20,327$16,216
21 years$46,761$37,377$29,616$23,287$18,190$14,312
22 years$44,165$34,890$27,296$21,173$16,305$12,650
23 years$41,798$32,632$25,203$19,283$14,636$11,195
24 years$39,631$30,574$23,309$17,587$13,155$9,919
25 years$37,641$28,692$21,588$16,062$11,838$8,796
26 years$35,807$26,966$20,022$14,686$10,663$7,808
27 years$34,112$25,378$18,592$13,442$9,614$6,936
28 years$32,540$23,914$17,284$12,316$8,675$6,165
29 years$31,080$22,560$16,084$11,294$7,833$5,483
30 years$29,719$21,305$14,982$10,365$7,078$4,879
31 years$28,449$20,141$13,967$9,520$6,399$4,344
32 years$27,261$19,057$13,032$8,749$5,788$3,869
33 years$26,146$18,047$12,168$8,045$5,238$3,447
34 years$25,100$17,105$11,369$7,402$4,743$3,072
35 years$24,116$16,224$10,629$6,814$4,296$2,739
36 years$23,188$15,399$9,943$6,276$3,892$2,443
37 years$22,313$14,625$9,307$5,782$3,528$2,179
38 years$21,485$13,899$8,715$5,330$3,198$1,944
39 years$20,702$13,217$8,165$4,914$2,900$1,735
40 years$19,961$12,575$7,653$4,533$2,630$1,548
41 years$19,257$11,970$7,176$4,182$2,386$1,382
42 years$18,588$11,400$6,732$3,859$2,165$1,233
43 years$17,952$10,862$6,317$3,563$1,965$1,101
44 years$17,347$10,353$5,929$3,290$1,784$983
45 years$16,770$9,873$5,567$3,038$1,619$878
46 years$16,220$9,418$5,229$2,806$1,470$784
47 years$15,695$8,988$4,913$2,593$1,335$700
48 years$15,193$8,580$4,617$2,396$1,213$626
49 years$14,714$8,194$4,339$2,214$1,101$559
50 years$14,255$7,827$4,080$2,046$1,000$499

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $14,600,000, adding $4,515 every year, while hoping to spend $55,389 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: 59/32/9 Blend
39$14,600,000$14,600,000$14,600,000$14,600,000
40$16,093,857$15,320,057$15,093,757$17,010,119
41$17,676,497$16,011,807$15,540,465$18,317,893
42$19,418,710$16,735,595$16,000,280$19,736,522
43$21,336,714$17,492,935$16,473,585$21,281,969
44$23,448,379$18,285,408$16,960,770$22,966,420
45$25,773,396$19,114,676$17,462,239$24,803,273
46$28,333,463$19,982,476$17,978,405$26,807,258
47$31,152,490$20,890,631$18,509,694$28,994,571
48$34,256,821$21,841,049$19,056,546$31,383,023
49$37,675,487$22,835,731$19,619,411$33,992,203
50$41,440,478$23,876,773$20,198,753$36,843,657
51$45,587,044$24,966,372$20,795,048$39,961,086
52$50,154,029$26,106,831$21,408,789$43,370,564
53$55,184,235$27,300,560$22,040,478$47,100,777
54$60,724,828$28,550,089$22,690,635$51,183,288
55$66,827,783$29,858,066$23,359,794$55,652,831
56$73,550,375$31,227,269$24,048,505$60,547,626
57$80,955,714$32,660,606$24,757,331$65,909,737
58$89,113,349$34,161,128$25,486,854$71,785,460
59$98,099,917$35,732,030$26,237,670$78,225,753
60$107,999,872$37,376,662$27,010,395$85,286,706
61$118,906,275$39,098,535$27,805,659$93,030,065
62$130,921,679$40,901,327$28,624,113$101,523,802
63$144,159,094$42,788,896$29,466,424$110,842,752
64$158,743,052$44,765,283$30,333,280$121,069,304
65$174,810,786$46,834,724$31,225,388$132,294,171
66$192,513,520$49,001,660$32,143,473$144,617,236
67$212,017,903$51,270,745$33,088,282$158,148,482
68$233,507,575$53,646,857$34,060,586$173,009,017
69$257,184,904$56,135,110$35,061,172$189,332,207
70$283,272,898$58,740,863$36,090,854$207,264,923
71$312,017,303$61,469,735$37,150,468$226,968,908
72$343,688,930$64,327,615$38,240,871$248,622,295
73$378,586,208$67,320,675$39,362,947$272,421,270
74$417,038,000$70,455,387$40,517,605$298,581,912
75$459,406,709$73,738,534$41,705,777$327,342,211
76$506,091,698$77,177,226$42,928,425$358,964,302
77$557,533,059$80,778,918$44,186,535$393,736,919
78$614,215,768$84,551,423$45,481,122$431,978,100
79$676,674,266$88,502,932$46,813,229$474,038,176
80$745,497,498$92,642,032$48,183,929$520,303,050
81$821,334,477$96,977,726$49,594,324$571,197,822
82$904,900,409$101,519,450$51,045,550$627,190,777
83$996,983,446$106,277,098$52,538,771$688,797,787
84$1,098,452,123$111,261,041$54,075,185$756,587,150
85$1,210,263,560$116,482,153$55,656,024$831,184,931
86$1,333,472,498$121,951,833$57,282,556$913,280,845
87$1,469,241,252$127,682,032$58,956,081$1,003,634,741
88$1,618,850,688$133,685,280$60,677,937$1,103,083,742
89$1,783,712,311$139,974,711$62,449,501$1,212,550,120
90$1,965,381,593$146,564,099$64,272,186$1,333,049,965
91$2,165,572,657$153,467,881$66,147,446$1,465,702,749
92$2,386,174,457$160,701,197$68,076,774$1,611,741,854
93$2,629,268,613$168,279,916$70,061,707$1,772,526,177
94$2,897,149,059$176,220,680$72,103,822$1,949,552,923
95$3,192,343,705$184,540,935$74,204,743$2,144,471,696
96$3,517,638,297$193,258,975$76,366,135$2,359,100,029
97$3,876,102,716$202,393,978$78,589,713$2,595,440,495
98$4,271,119,963$211,966,053$80,877,239$2,855,699,569
99$4,706,418,095$221,996,285$83,230,522$3,142,308,405
100$5,186,105,419$232,506,781$85,651,423$3,457,945,737