Can I retire at age 40 with 3,100,000?

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 $3,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$255,995$253,715$251,490$249,319$247,198$238,333
2 years$126,730$124,370$122,083$119,865$117,714$108,877
3 years$83,648$81,277$78,996$76,799$74,682$66,154
4 years$62,110$59,747$57,489$55,329$53,264$45,108
5 years$49,192$46,843$44,613$42,498$40,490$32,728
6 years$40,582$38,251$36,054$33,986$32,039$24,676
7 years$34,434$32,123$29,961$27,942$26,056$19,091
8 years$29,826$27,535$25,410$23,440$21,616$15,043
9 years$26,243$23,974$21,885$19,965$18,204$12,014
10 years$23,379$21,132$19,080$17,210$15,511$9,693
11 years$21,037$18,813$16,798$14,978$13,340$7,883
12 years$19,087$16,885$14,908$13,138$11,560$6,450
13 years$17,438$15,259$13,319$11,599$10,080$5,304
14 years$16,026$13,870$11,967$10,296$8,836$4,379
15 years$14,803$12,671$10,805$9,182$7,780$3,627
16 years$13,734$11,625$9,796$8,222$6,876$3,012
17 years$12,792$10,706$8,914$7,387$6,097$2,507
18 years$11,956$9,893$8,137$6,657$5,421$2,090
19 years$11,208$9,169$7,449$6,015$4,832$1,745
20 years$10,536$8,520$6,837$5,448$4,316$1,458
21 years$9,929$7,936$6,288$4,945$3,862$1,220
22 years$9,377$7,408$5,796$4,496$3,462$1,022
23 years$8,875$6,929$5,351$4,094$3,108$856
24 years$8,415$6,492$4,949$3,734$2,793$718
25 years$7,992$6,092$4,584$3,410$2,514$602
26 years$7,603$5,726$4,251$3,118$2,264$506
27 years$7,243$5,389$3,948$2,854$2,041$424
28 years$6,909$5,078$3,670$2,615$1,842$356
29 years$6,599$4,790$3,415$2,398$1,663$299
30 years$6,310$4,524$3,181$2,201$1,503$252
31 years$6,041$4,276$2,966$2,021$1,359$211
32 years$5,788$4,046$2,767$1,858$1,229$178
33 years$5,552$3,832$2,584$1,708$1,112$149
34 years$5,329$3,632$2,414$1,572$1,007$126
35 years$5,120$3,445$2,257$1,447$912$106
36 years$4,924$3,270$2,111$1,333$826$89
37 years$4,738$3,105$1,976$1,228$749$75
38 years$4,562$2,951$1,850$1,132$679$63
39 years$4,396$2,806$1,734$1,043$616$53
40 years$4,238$2,670$1,625$962$559$44
41 years$4,089$2,542$1,524$888$507$37
42 years$3,947$2,420$1,429$819$460$31
43 years$3,812$2,306$1,341$756$417$26
44 years$3,683$2,198$1,259$698$379$22
45 years$3,561$2,096$1,182$645$344$19
46 years$3,444$2,000$1,110$596$312$16
47 years$3,333$1,908$1,043$550$283$13
48 years$3,226$1,822$980$509$257$11
49 years$3,124$1,740$921$470$234$9
50 years$3,027$1,662$866$435$212$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $3,100,000, adding $3,455 every year, while hoping to spend $22,127 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: 44/43/13 Blend
39$3,100,000$3,100,000$3,100,000$3,100,000
40$3,419,764$3,255,464$3,207,414$3,557,299
41$3,745,037$3,391,439$3,291,319$3,789,530
42$4,102,746$3,533,335$3,377,294$4,038,584
43$4,496,177$3,681,418$3,465,384$4,308,036
44$4,928,948$3,835,969$3,555,635$4,599,773
45$5,405,048$3,997,279$3,648,097$4,915,866
46$5,928,871$4,165,654$3,742,816$5,258,591
47$6,505,258$4,341,413$3,839,842$5,630,446
48$7,139,543$4,524,891$3,939,226$6,034,175
49$7,837,603$4,716,438$4,041,017$6,472,793
50$8,605,916$4,916,420$4,145,268$6,949,612
51$9,451,616$5,125,221$4,252,031$7,468,271
52$10,382,566$5,343,242$4,361,359$8,032,773
53$11,407,429$5,570,903$4,473,306$8,647,514
54$12,535,753$5,808,643$4,587,928$9,317,329
55$13,778,056$6,056,923$4,705,280$10,047,533
56$15,145,929$6,316,224$4,825,418$10,843,972
57$16,652,145$6,587,049$4,948,400$11,713,073
58$18,310,776$6,869,927$5,074,284$12,661,907
59$20,137,331$7,165,409$5,203,129$13,698,249
60$22,148,898$7,474,074$5,334,993$14,830,655
61$24,364,309$7,796,527$5,469,939$16,068,537
62$26,804,313$8,133,401$5,608,026$17,422,249
63$29,491,774$8,485,359$5,749,316$18,903,186
64$32,451,890$8,853,096$5,893,873$20,523,887
65$35,712,423$9,237,339$6,041,758$22,298,151
66$39,303,970$9,638,848$6,193,037$24,241,164
67$43,260,245$10,058,421$6,347,774$26,369,642
68$47,618,399$10,496,893$6,506,033$28,701,984
69$52,419,370$10,955,136$6,667,880$31,258,445
70$57,708,274$11,434,065$6,833,382$34,061,320
71$63,534,823$11,934,639$7,002,605$37,135,155
72$69,953,800$12,457,861$7,175,617$40,506,975
73$77,025,572$13,004,781$7,352,485$44,206,535
74$84,816,665$13,576,500$7,533,278$48,266,596
75$93,400,385$14,174,169$7,718,063$52,723,233
76$102,857,516$14,798,995$7,906,910$57,616,169
77$113,277,079$15,452,242$8,099,887$62,989,148
78$124,757,172$16,135,233$8,297,065$68,890,344
79$137,405,898$16,849,354$8,498,511$75,372,806
80$151,342,385$17,596,057$8,704,296$82,494,963
81$166,697,907$18,376,862$8,914,488$90,321,161
82$183,617,128$19,193,363$9,129,159$98,922,275
83$202,259,465$20,047,228$9,348,375$108,376,363
84$222,800,592$20,940,204$9,572,208$118,769,404
85$245,434,100$21,874,121$9,800,724$130,196,101
86$270,373,323$22,850,898$10,033,993$142,760,771
87$297,853,352$23,872,542$10,272,082$156,578,320
88$328,133,256$24,941,159$10,515,059$171,775,323
89$361,498,524$26,058,952$10,762,989$188,491,211
90$398,263,763$27,228,230$11,015,939$206,879,583
91$438,775,667$28,451,413$11,273,973$227,109,643
92$483,416,289$29,731,036$11,537,155$249,367,793
93$532,606,647$31,069,754$11,805,546$273,859,382
94$586,810,702$32,470,349$12,079,209$300,810,640
95$646,539,733$33,935,735$12,358,202$330,470,798
96$712,357,166$35,468,967$12,642,583$363,114,437
97$784,883,895$37,073,244$12,932,407$399,044,065
98$864,804,139$38,751,920$13,227,729$438,592,967
99$952,871,903$40,508,506$13,528,600$482,128,337
100$1,049,918,098$42,346,684$13,835,069$530,054,733