Can I retire at age 40 with 3,200,000?

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 $3,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$264,253$261,899$259,603$257,361$255,172$247,202
2 years$130,818$128,382$126,021$123,731$121,511$113,552
3 years$86,346$83,899$81,544$79,276$77,091$69,393
4 years$64,114$61,675$59,343$57,114$54,982$47,604
5 years$50,778$48,354$46,053$43,869$41,797$34,758
6 years$41,891$39,484$37,217$35,082$33,072$26,380
7 years$35,545$33,159$30,928$28,843$26,897$20,550
8 years$30,788$28,423$26,229$24,196$22,313$16,308
9 years$27,090$24,748$22,591$20,609$18,791$13,120
10 years$24,133$21,814$19,696$17,766$16,011$10,666
11 years$21,716$19,420$17,340$15,461$13,770$8,742
12 years$19,703$17,430$15,388$13,562$11,933$7,210
13 years$18,000$15,752$13,749$11,973$10,406$5,978
14 years$16,543$14,318$12,353$10,628$9,121$4,977
15 years$15,281$13,080$11,153$9,478$8,031$4,157
16 years$14,177$12,000$10,112$8,487$7,098$3,482
17 years$13,205$11,052$9,202$7,625$6,294$2,924
18 years$12,341$10,212$8,400$6,872$5,596$2,459
19 years$11,569$9,465$7,690$6,210$4,988$2,072
20 years$10,876$8,795$7,057$5,624$4,455$1,748
21 years$10,249$8,192$6,491$5,104$3,987$1,476
22 years$9,680$7,647$5,983$4,641$3,574$1,248
23 years$9,161$7,152$5,524$4,226$3,208$1,056
24 years$8,686$6,701$5,109$3,855$2,883$894
25 years$8,250$6,289$4,732$3,520$2,595$757
26 years$7,848$5,910$4,388$3,219$2,337$641
27 years$7,477$5,562$4,075$2,946$2,107$544
28 years$7,132$5,241$3,788$2,699$1,901$461
29 years$6,812$4,945$3,525$2,475$1,717$391
30 years$6,514$4,670$3,284$2,272$1,551$332
31 years$6,235$4,414$3,061$2,087$1,402$282
32 years$5,975$4,177$2,856$1,918$1,269$239
33 years$5,731$3,956$2,667$1,763$1,148$203
34 years$5,501$3,749$2,492$1,622$1,039$172
35 years$5,286$3,556$2,330$1,494$942$146
36 years$5,082$3,375$2,179$1,376$853$124
37 years$4,890$3,206$2,040$1,267$773$106
38 years$4,709$3,046$1,910$1,168$701$90
39 years$4,538$2,897$1,790$1,077$636$76
40 years$4,375$2,756$1,677$993$577$65
41 years$4,221$2,624$1,573$917$523$55
42 years$4,074$2,499$1,475$846$475$47
43 years$3,935$2,381$1,384$781$431$40
44 years$3,802$2,269$1,300$721$391$34
45 years$3,676$2,164$1,220$666$355$29
46 years$3,555$2,064$1,146$615$322$24
47 years$3,440$1,970$1,077$568$293$21
48 years$3,330$1,881$1,012$525$266$18
49 years$3,225$1,796$951$485$241$15
50 years$3,124$1,715$894$449$219$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $3,200,000, adding $6,064 every year, while hoping to spend $26,050 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: 23/49/28 Blend
39$3,200,000$3,200,000$3,200,000$3,200,000
40$3,532,655$3,363,055$3,313,455$3,582,523
41$3,865,269$3,500,128$3,396,739$3,763,316
42$4,230,936$3,643,044$3,481,939$3,954,163
43$4,633,001$3,792,062$3,569,094$4,157,939
44$5,075,147$3,947,454$3,658,239$4,375,728
45$5,561,435$4,109,501$3,749,412$4,608,715
46$6,096,335$4,278,500$3,842,651$4,858,195
47$6,684,775$4,454,761$3,937,994$5,125,590
48$7,332,185$4,638,607$4,035,479$5,412,451
49$8,044,545$4,830,377$4,135,146$5,720,480
50$8,828,448$5,030,424$4,237,032$6,051,542
51$9,691,154$5,239,119$4,341,177$6,407,678
52$10,640,666$5,456,850$4,447,621$6,791,128
53$11,685,800$5,684,022$4,556,402$7,204,345
54$12,836,271$5,921,058$4,667,561$7,650,021
55$14,102,783$6,168,403$4,781,137$8,131,110
56$15,497,132$6,426,519$4,897,170$8,650,850
57$17,032,314$6,695,893$5,015,699$9,212,798
58$18,722,650$6,977,033$5,136,766$9,820,854
59$20,583,922$7,270,469$5,260,409$10,479,305
60$22,633,517$7,576,757$5,386,668$11,192,855
61$24,890,598$7,896,480$5,515,583$11,966,670
62$27,376,277$8,230,245$5,647,193$12,806,427
63$30,113,821$8,578,691$5,781,538$13,718,361
64$33,128,867$8,942,483$5,918,655$14,709,324
65$36,449,666$9,322,319$6,058,585$15,786,848
66$40,107,348$9,718,929$6,201,364$16,959,207
67$44,136,218$10,133,078$6,347,030$18,235,502
68$48,574,078$10,565,564$6,495,621$19,625,734
69$53,462,582$11,017,225$6,647,173$21,140,904
70$58,847,633$11,488,936$6,801,720$22,793,104
71$64,779,813$11,981,616$6,959,299$24,595,639
72$71,314,861$12,496,222$7,119,944$26,563,138
73$78,514,201$13,033,761$7,283,686$28,711,697
74$86,445,519$13,595,284$7,450,558$31,059,021
75$95,183,400$14,181,892$7,620,591$33,624,589
76$104,810,040$14,794,738$7,793,813$36,429,835
77$115,416,012$15,435,028$7,970,254$39,498,346
78$127,101,126$16,104,025$8,149,939$42,856,075
79$139,975,372$16,803,053$8,332,892$46,531,588
80$154,159,953$17,533,496$8,519,137$50,556,324
81$169,788,435$18,296,804$8,708,695$54,964,888
82$187,008,004$19,094,496$8,901,585$59,795,371
83$205,980,855$19,928,161$9,097,822$65,089,706
84$226,885,724$20,799,463$9,297,422$70,894,055
85$249,919,578$21,710,146$9,500,395$77,259,240
86$275,299,466$22,662,035$9,706,750$84,241,217
87$303,264,579$23,657,042$9,916,493$91,901,593
88$334,078,496$24,697,167$10,129,626$100,308,207
89$368,031,683$25,784,508$10,346,148$109,535,756
90$405,444,226$26,921,260$10,566,055$119,666,498
91$446,668,857$28,109,722$10,789,339$130,791,015
92$492,094,284$29,352,303$11,015,985$143,009,064
93$542,148,859$30,651,524$11,245,979$156,430,505
94$597,304,621$32,010,026$11,479,297$171,176,336
95$658,081,753$33,430,578$11,715,914$187,379,814
96$725,053,492$34,916,076$11,955,797$205,187,714
97$798,851,541$36,469,557$12,198,910$224,761,698
98$880,172,034$38,094,201$12,445,208$246,279,829
99$969,782,101$39,793,337$12,694,643$269,938,242
100$1,068,527,121$41,570,456$12,947,159$295,952,984