Can I retire at age 40 with 3,300,000?

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 $3,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$272,511$270,084$267,715$265,404$263,147$259,321
2 years$134,906$132,394$129,959$127,598$125,308$121,462
3 years$89,044$86,521$84,092$81,753$79,500$75,753
4 years$66,118$63,602$61,197$58,899$56,700$53,081
5 years$52,365$49,865$47,492$45,240$43,103$39,622
6 years$43,200$40,718$38,380$36,179$34,106$30,767
7 years$36,656$34,195$31,894$29,744$27,737$24,542
8 years$31,750$29,312$27,049$24,952$23,011$19,959
9 years$27,937$25,521$23,297$21,253$19,378$16,468
10 years$24,887$22,496$20,311$18,321$16,511$13,741
11 years$22,394$20,026$17,881$15,944$14,200$11,566
12 years$20,318$17,975$15,869$13,985$12,306$9,805
13 years$18,563$16,244$14,178$12,347$10,731$8,360
14 years$17,060$14,765$12,739$10,960$9,406$7,163
15 years$15,758$13,488$11,502$9,775$8,282$6,161
16 years$14,620$12,375$10,428$8,752$7,320$5,317
17 years$13,617$11,397$9,489$7,864$6,490$4,601
18 years$12,727$10,531$8,662$7,087$5,771$3,992
19 years$11,931$9,760$7,930$6,404$5,144$3,470
20 years$11,216$9,070$7,278$5,800$4,594$3,021
21 years$10,569$8,448$6,694$5,264$4,112$2,635
22 years$9,982$7,886$6,170$4,786$3,685$2,301
23 years$9,447$7,376$5,697$4,359$3,308$2,012
24 years$8,958$6,911$5,268$3,975$2,973$1,760
25 years$8,508$6,485$4,880$3,630$2,676$1,542
26 years$8,093$6,095$4,526$3,319$2,410$1,351
27 years$7,710$5,736$4,202$3,038$2,173$1,185
28 years$7,355$5,405$3,907$2,784$1,961$1,040
29 years$7,025$5,099$3,635$2,553$1,770$913
30 years$6,717$4,816$3,386$2,343$1,600$802
31 years$6,430$4,552$3,157$2,152$1,446$705
32 years$6,162$4,307$2,945$1,977$1,308$619
33 years$5,910$4,079$2,750$1,818$1,184$545
34 years$5,673$3,866$2,570$1,673$1,072$479
35 years$5,451$3,667$2,402$1,540$971$421
36 years$5,241$3,481$2,247$1,418$880$371
37 years$5,043$3,306$2,104$1,307$797$326
38 years$4,856$3,142$1,970$1,205$723$287
39 years$4,679$2,987$1,846$1,111$655$253
40 years$4,512$2,842$1,730$1,025$595$222
41 years$4,353$2,706$1,622$945$539$196
42 years$4,201$2,577$1,522$872$489$172
43 years$4,058$2,455$1,428$805$444$152
44 years$3,921$2,340$1,340$744$403$134
45 years$3,791$2,232$1,258$687$366$118
46 years$3,666$2,129$1,182$634$332$104
47 years$3,548$2,032$1,110$586$302$91
48 years$3,434$1,939$1,043$541$274$80
49 years$3,326$1,852$981$500$249$71
50 years$3,222$1,769$922$463$226$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $3,300,000, adding $4,717 every year, while hoping to spend $25,879 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: 90/5/5 Blend
39$3,300,000$3,300,000$3,300,000$3,300,000
40$3,641,466$3,466,566$3,415,416$3,969,452
41$3,985,360$3,608,892$3,502,297$4,325,589
42$4,363,464$3,757,326$3,591,221$4,713,057
43$4,779,241$3,912,137$3,682,230$5,138,332
44$5,236,503$4,073,612$3,775,365$5,605,216
45$5,739,455$4,242,047$3,870,668$6,117,893
46$6,292,725$4,417,754$3,968,182$6,680,976
47$6,901,417$4,601,057$4,067,949$7,299,543
48$7,571,150$4,792,298$4,170,014$7,979,189
49$8,308,118$4,991,831$4,274,420$8,726,079
50$9,119,145$5,200,030$4,381,213$9,547,001
51$10,011,751$5,417,284$4,490,436$10,449,436
52$10,994,219$5,644,001$4,602,136$11,441,625
53$12,075,680$5,880,607$4,716,357$12,532,647
54$13,266,191$6,127,549$4,833,147$13,732,504
55$14,576,836$6,385,292$4,952,551$15,052,215
56$16,019,828$6,654,326$5,074,616$16,503,921
57$17,608,623$6,935,161$5,199,389$18,100,999
58$19,358,052$7,228,333$5,326,917$19,858,185
59$21,284,452$7,534,401$5,457,248$21,791,718
60$23,405,830$7,853,950$5,590,429$23,919,489
61$25,742,025$8,187,593$5,726,509$26,261,208
62$28,314,898$8,535,973$5,865,534$28,838,595
63$31,148,541$8,899,759$6,007,553$31,675,582
64$34,269,500$9,279,654$6,152,613$34,798,535
65$37,707,026$9,676,395$6,300,763$38,236,508
66$41,493,355$10,090,750$6,452,051$42,021,514
67$45,664,005$10,523,525$6,606,523$46,188,827
68$50,258,119$10,975,563$6,764,227$50,777,315
69$55,318,829$11,447,748$6,925,210$55,829,804
70$60,893,665$11,941,002$7,089,519$61,393,486
71$67,035,001$12,456,294$7,257,201$67,520,360
72$73,800,555$12,994,636$7,428,301$74,267,725
73$81,253,927$13,557,088$7,602,864$81,698,717
74$89,465,202$14,144,760$7,780,935$89,882,910
75$98,511,614$14,758,815$7,962,557$98,896,965
76$108,478,270$15,400,468$8,147,774$108,825,360
77$119,458,957$16,070,995$8,336,628$119,761,180
78$131,557,025$16,771,728$8,529,160$131,807,000
79$144,886,364$17,504,064$8,725,409$145,075,852
80$159,572,476$18,269,467$8,925,413$159,692,290
81$175,753,665$19,069,467$9,129,210$175,793,562
82$193,582,335$19,905,668$9,336,836$193,530,914
83$213,226,437$20,779,749$9,548,324$213,071,005
84$234,871,047$21,693,470$9,763,705$234,597,489
85$258,720,115$22,648,671$9,983,011$258,312,744
86$284,998,393$23,647,282$10,206,268$284,439,780
87$313,953,554$24,691,324$10,433,503$313,224,346
88$345,858,528$25,782,911$10,664,737$344,937,249
89$381,014,084$26,924,260$10,899,992$379,876,908
90$419,751,664$28,117,691$11,139,285$418,372,168
91$462,436,512$29,365,636$11,382,629$460,785,410
92$509,471,125$30,670,641$11,630,036$507,515,964
93$561,299,050$32,035,373$11,881,513$559,003,880
94$618,409,073$33,462,626$12,137,063$615,734,083
95$681,339,830$34,955,326$12,396,686$678,240,947
96$750,684,894$36,516,539$12,660,377$747,113,338
97$827,098,380$38,149,476$12,928,126$823,000,174
98$911,301,116$39,857,501$13,199,919$906,616,551
99$1,004,087,449$41,644,138$13,475,736$998,750,486
100$1,106,332,748$43,513,080$13,755,552$1,100,270,361