Can I retire at age 40 with 3,000,000?

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 $3,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$247,737$245,530$243,378$241,276$239,224$230,920
2 years$122,642$120,358$118,144$115,998$113,916$105,636
3 years$80,949$78,655$76,447$74,321$72,273$64,277
4 years$60,107$57,820$55,634$53,544$51,546$43,894
5 years$47,605$45,332$43,174$41,127$39,184$31,898
6 years$39,273$37,017$34,891$32,890$31,005$24,090
7 years$33,324$31,087$28,995$27,040$25,216$18,670
8 years$28,864$26,647$24,590$22,684$20,919$14,737
9 years$25,397$23,201$21,179$19,321$17,617$11,791
10 years$22,625$20,450$18,465$16,655$15,010$9,532
11 years$20,359$18,206$16,256$14,495$12,909$7,767
12 years$18,471$16,341$14,427$12,714$11,187$6,368
13 years$16,875$14,767$12,889$11,225$9,755$5,247
14 years$15,509$13,423$11,581$9,964$8,551$4,341
15 years$14,326$12,262$10,456$8,886$7,529$3,603
16 years$13,291$11,250$9,480$7,957$6,654$2,999
17 years$12,379$10,361$8,626$7,149$5,900$2,501
18 years$11,570$9,574$7,875$6,443$5,246$2,090
19 years$10,846$8,873$7,209$5,821$4,676$1,749
20 years$10,196$8,245$6,616$5,272$4,177$1,465
21 years$9,608$7,680$6,086$4,785$3,738$1,229
22 years$9,075$7,169$5,609$4,351$3,350$1,031
23 years$8,589$6,705$5,179$3,962$3,007$866
24 years$8,143$6,282$4,789$3,614$2,703$728
25 years$7,734$5,896$4,436$3,300$2,432$612
26 years$7,358$5,541$4,114$3,018$2,191$515
27 years$7,009$5,215$3,820$2,762$1,975$434
28 years$6,686$4,914$3,551$2,531$1,782$365
29 years$6,386$4,636$3,305$2,321$1,610$307
30 years$6,107$4,378$3,078$2,130$1,454$259
31 years$5,846$4,139$2,870$1,956$1,315$218
32 years$5,601$3,916$2,678$1,798$1,189$184
33 years$5,373$3,708$2,500$1,653$1,076$155
34 years$5,158$3,515$2,336$1,521$975$130
35 years$4,955$3,334$2,184$1,400$883$110
36 years$4,765$3,164$2,043$1,290$800$93
37 years$4,585$3,005$1,912$1,188$725$78
38 years$4,415$2,856$1,791$1,095$657$66
39 years$4,254$2,716$1,678$1,010$596$55
40 years$4,101$2,584$1,573$931$541$47
41 years$3,957$2,460$1,475$859$490$39
42 years$3,819$2,342$1,383$793$445$33
43 years$3,689$2,232$1,298$732$404$28
44 years$3,564$2,127$1,218$676$367$24
45 years$3,446$2,029$1,144$624$333$20
46 years$3,333$1,935$1,074$577$302$17
47 years$3,225$1,847$1,009$533$274$14
48 years$3,122$1,763$949$492$249$12
49 years$3,023$1,684$892$455$226$10
50 years$2,929$1,608$838$421$206$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $3,000,000, adding $4,469 every year, while hoping to spend $26,454 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: 39/41/20 Blend
39$3,000,000$3,000,000$3,000,000$3,000,000
40$3,310,610$3,151,610$3,105,110$3,419,829
41$3,620,145$3,277,892$3,180,984$3,625,038
42$3,960,366$3,409,475$3,258,514$3,843,935
43$4,334,376$3,546,591$3,337,726$4,080,083
44$4,745,591$3,689,483$3,418,648$4,335,061
45$5,197,777$3,838,403$3,501,308$4,610,601
46$5,695,082$3,993,617$3,585,734$4,908,606
47$6,242,076$4,155,400$3,671,953$5,231,165
48$6,843,797$4,324,043$3,759,991$5,580,573
49$7,505,791$4,499,848$3,849,878$5,959,350
50$8,234,172$4,683,131$3,941,640$6,370,264
51$9,035,676$4,874,223$4,035,303$6,816,360
52$9,917,724$5,073,470$4,130,895$7,300,980
53$10,888,495$5,281,232$4,228,442$7,827,800
54$11,956,997$5,497,889$4,327,971$8,400,861
55$13,133,160$5,723,834$4,429,507$9,024,605
56$14,427,922$5,959,482$4,533,076$9,703,917
57$15,853,339$6,205,266$4,638,703$10,444,168
58$17,422,692$6,461,636$4,746,412$11,251,267
59$19,150,617$6,729,066$4,856,227$12,131,713
60$21,053,240$7,008,051$4,968,171$13,092,653
61$23,148,333$7,299,108$5,082,267$14,141,952
62$25,455,476$7,602,778$5,198,536$15,288,265
63$27,996,248$7,919,627$5,317,000$16,541,111
64$30,794,424$8,250,248$5,437,679$17,910,969
65$33,876,205$8,595,259$5,560,591$19,409,369
66$37,270,462$8,955,310$5,685,754$21,049,002
67$41,009,007$9,331,079$5,813,185$22,843,836
68$45,126,897$9,723,274$5,942,898$24,809,247
69$49,662,765$10,132,638$6,074,909$26,962,158
70$54,659,178$10,559,948$6,209,230$29,321,203
71$60,163,045$11,006,017$6,345,870$31,906,894
72$66,226,059$11,471,695$6,484,840$34,741,814
73$72,905,182$11,957,873$6,626,147$37,850,830
74$80,263,183$12,465,481$6,769,795$41,261,320
75$88,369,233$12,995,495$6,915,789$45,003,433
76$97,299,554$13,548,934$7,064,128$49,110,367
77$107,138,144$14,126,867$7,214,811$53,618,680
78$117,977,562$14,730,410$7,367,834$58,568,633
79$129,919,807$15,360,734$7,523,190$64,004,565
80$143,077,280$16,019,062$7,680,870$69,975,308
81$157,573,843$16,706,677$7,840,860$76,534,645
82$173,545,990$17,424,919$8,003,143$83,741,812
83$191,144,134$18,175,193$8,167,702$91,662,052
84$210,534,027$18,958,969$8,334,511$100,367,231
85$231,898,324$19,777,785$8,503,544$109,936,506
86$255,438,310$20,633,253$8,674,769$120,457,073
87$281,375,794$21,527,059$8,848,150$132,024,978
88$309,955,209$22,460,969$9,023,647$144,746,025
89$341,445,915$23,436,832$9,201,215$158,736,766
90$376,144,745$24,456,583$9,380,802$174,125,596
91$414,378,803$25,522,249$9,562,352$191,053,958
92$456,508,554$26,635,953$9,745,805$209,677,674
93$502,931,228$27,799,916$9,931,091$230,168,405
94$554,084,567$29,016,466$10,118,136$252,715,271
95$610,450,959$30,288,039$10,306,859$277,526,625
96$672,561,990$31,617,186$10,497,173$304,832,010
97$741,003,466$33,006,580$10,688,980$334,884,323
98$816,420,936$34,459,020$10,882,178$367,962,192
99$899,525,794$35,977,435$11,076,654$404,372,597
100$991,101,991$37,564,895$11,272,288$444,453,760