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

Use the below retirement simulation to view the chances of a successful retirement.
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%18.4%
1 years$264,253$261,899$259,603$257,361$255,172$246,511
2 years$130,818$128,382$126,021$123,731$121,511$112,871
3 years$86,346$83,899$81,544$79,276$77,091$68,745
4 years$64,114$61,675$59,343$57,114$54,982$46,993
5 years$50,778$48,354$46,053$43,869$41,797$34,186
6 years$41,891$39,484$37,217$35,082$33,072$25,846
7 years$35,545$33,159$30,928$28,843$26,897$20,054
8 years$30,788$28,423$26,229$24,196$22,313$15,848
9 years$27,090$24,748$22,591$20,609$18,791$12,696
10 years$24,133$21,814$19,696$17,766$16,011$10,276
11 years$21,716$19,420$17,340$15,461$13,770$8,384
12 years$19,703$17,430$15,388$13,562$11,933$6,883
13 years$18,000$15,752$13,749$11,973$10,406$5,680
14 years$16,543$14,318$12,353$10,628$9,121$4,705
15 years$15,281$13,080$11,153$9,478$8,031$3,911
16 years$14,177$12,000$10,112$8,487$7,098$3,260
17 years$13,205$11,052$9,202$7,625$6,294$2,723
18 years$12,341$10,212$8,400$6,872$5,596$2,278
19 years$11,569$9,465$7,690$6,210$4,988$1,909
20 years$10,876$8,795$7,057$5,624$4,455$1,602
21 years$10,249$8,192$6,491$5,104$3,987$1,346
22 years$9,680$7,647$5,983$4,641$3,574$1,131
23 years$9,161$7,152$5,524$4,226$3,208$952
24 years$8,686$6,701$5,109$3,855$2,883$801
25 years$8,250$6,289$4,732$3,520$2,595$675
26 years$7,848$5,910$4,388$3,219$2,337$569
27 years$7,477$5,562$4,075$2,946$2,107$479
28 years$7,132$5,241$3,788$2,699$1,901$404
29 years$6,812$4,945$3,525$2,475$1,717$341
30 years$6,514$4,670$3,284$2,272$1,551$288
31 years$6,235$4,414$3,061$2,087$1,402$243
32 years$5,975$4,177$2,856$1,918$1,269$205
33 years$5,731$3,956$2,667$1,763$1,148$173
34 years$5,501$3,749$2,492$1,622$1,039$146
35 years$5,286$3,556$2,330$1,494$942$123
36 years$5,082$3,375$2,179$1,376$853$104
37 years$4,890$3,206$2,040$1,267$773$88
38 years$4,709$3,046$1,910$1,168$701$74
39 years$4,538$2,897$1,790$1,077$636$63
40 years$4,375$2,756$1,677$993$577$53
41 years$4,221$2,624$1,573$917$523$45
42 years$4,074$2,499$1,475$846$475$38
43 years$3,935$2,381$1,384$781$431$32
44 years$3,802$2,269$1,300$721$391$27
45 years$3,676$2,164$1,220$666$355$23
46 years$3,555$2,064$1,146$615$322$19
47 years$3,440$1,970$1,077$568$293$16
48 years$3,330$1,881$1,012$525$266$14
49 years$3,225$1,796$951$485$241$12
50 years$3,124$1,715$894$449$219$10

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 $5,303 every year, while hoping to spend $38,192 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: 64/27/9 Blend
39$3,200,000$3,200,000$3,200,000$3,200,000
40$3,531,870$3,362,270$3,312,670$3,750,935
41$3,851,485$3,486,385$3,383,008$4,021,807
42$4,202,420$3,615,302$3,454,423$4,312,575
43$4,587,831$3,749,216$3,526,910$4,629,176
44$5,011,191$3,888,329$3,600,463$4,974,117
45$5,476,329$4,032,854$3,675,076$5,350,158
46$5,987,463$4,183,011$3,750,738$5,760,335
47$6,549,237$4,339,032$3,827,441$6,207,990
48$7,166,770$4,501,156$3,905,171$6,696,798
49$7,845,702$4,669,633$3,983,915$7,230,806
50$8,592,243$4,844,725$4,063,657$7,814,469
51$9,413,240$5,026,705$4,144,377$8,452,690
52$10,316,233$5,215,856$4,226,057$9,150,866
53$11,309,531$5,412,475$4,308,672$9,914,939
54$12,402,289$5,616,871$4,392,197$10,751,451
55$13,604,591$5,829,367$4,476,605$11,667,603
56$14,927,553$6,050,300$4,561,865$12,671,328
57$16,383,418$6,280,019$4,647,942$13,771,357
58$17,985,679$6,518,893$4,734,801$14,977,306
59$19,749,203$6,767,302$4,822,400$16,299,766
60$21,690,368$7,025,647$4,910,698$17,750,397
61$23,827,225$7,294,343$4,999,646$19,342,044
62$26,179,661$7,573,825$5,089,193$21,088,851
63$28,769,591$7,864,547$5,179,285$23,006,398
64$31,621,161$8,166,981$5,269,863$25,111,843
65$34,760,978$8,481,622$5,360,862$27,424,087
66$38,218,363$8,808,987$5,452,216$29,963,948
67$42,025,622$9,149,613$5,543,851$32,754,356
68$46,218,353$9,504,062$5,635,688$35,820,573
69$50,835,787$9,872,922$5,727,645$39,190,423
70$55,921,148$10,256,806$5,819,632$42,894,559
71$61,522,069$10,656,354$5,911,554$46,966,747
72$67,691,039$11,072,234$6,003,310$51,444,187
73$74,485,896$11,505,144$6,094,791$56,367,859
74$81,970,374$11,955,814$6,185,884$61,782,910
75$90,214,708$12,425,004$6,276,467$67,739,078
76$99,296,289$12,913,510$6,366,409$74,291,161
77$109,300,402$13,422,163$6,455,575$81,499,530
78$120,321,024$13,951,831$6,543,818$89,430,699
79$132,461,718$14,503,420$6,630,985$98,157,950
80$145,836,602$15,077,877$6,716,913$107,762,024
81$160,571,435$15,676,191$6,801,428$118,331,878
82$176,804,794$16,299,398$6,884,349$129,965,526
83$194,689,391$16,948,576$6,965,482$142,770,960
84$214,393,507$17,624,855$7,044,625$156,867,167
85$236,102,586$18,329,414$7,121,561$172,385,251
86$260,020,981$19,063,487$7,196,064$189,469,667
87$286,373,884$19,828,361$7,267,896$208,279,580
88$315,409,452$20,625,382$7,336,802$228,990,370
89$347,401,150$21,455,959$7,402,518$251,795,279
90$382,650,328$22,321,562$7,464,763$276,907,236
91$421,489,071$23,223,729$7,523,243$304,560,863
92$464,283,332$24,164,066$7,577,647$335,014,683
93$511,436,381$25,144,255$7,627,648$368,553,563
94$563,392,621$26,166,053$7,672,902$405,491,396
95$620,641,773$27,231,294$7,713,050$446,174,061
96$683,723,507$28,341,901$7,747,710$490,982,684
97$753,232,530$29,499,879$7,776,484$540,337,233
98$829,824,204$30,707,329$7,798,952$594,700,478
99$914,220,731$31,966,446$7,814,674$654,582,353
100$1,007,217,969$33,279,525$7,823,189$720,544,771