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%19.4%
1 years$272,511$270,084$267,715$265,404$263,147$253,206
2 years$134,906$132,394$129,959$127,598$125,308$115,408
3 years$89,044$86,521$84,092$81,753$79,500$69,953
4 years$66,118$63,602$61,197$58,899$56,700$47,579
5 years$52,365$49,865$47,492$45,240$43,103$34,430
6 years$43,200$40,718$38,380$36,179$34,106$25,888
7 years$36,656$34,195$31,894$29,744$27,737$19,971
8 years$31,750$29,312$27,049$24,952$23,011$15,690
9 years$27,937$25,521$23,297$21,253$19,378$12,492
10 years$24,887$22,496$20,311$18,321$16,511$10,047
11 years$22,394$20,026$17,881$15,944$14,200$8,144
12 years$20,318$17,975$15,869$13,985$12,306$6,642
13 years$18,563$16,244$14,178$12,347$10,731$5,443
14 years$17,060$14,765$12,739$10,960$9,406$4,478
15 years$15,758$13,488$11,502$9,775$8,282$3,696
16 years$14,620$12,375$10,428$8,752$7,320$3,058
17 years$13,617$11,397$9,489$7,864$6,490$2,535
18 years$12,727$10,531$8,662$7,087$5,771$2,106
19 years$11,931$9,760$7,930$6,404$5,144$1,751
20 years$11,216$9,070$7,278$5,800$4,594$1,458
21 years$10,569$8,448$6,694$5,264$4,112$1,216
22 years$9,982$7,886$6,170$4,786$3,685$1,014
23 years$9,447$7,376$5,697$4,359$3,308$846
24 years$8,958$6,911$5,268$3,975$2,973$707
25 years$8,508$6,485$4,880$3,630$2,676$591
26 years$8,093$6,095$4,526$3,319$2,410$494
27 years$7,710$5,736$4,202$3,038$2,173$413
28 years$7,355$5,405$3,907$2,784$1,961$345
29 years$7,025$5,099$3,635$2,553$1,770$289
30 years$6,717$4,816$3,386$2,343$1,600$242
31 years$6,430$4,552$3,157$2,152$1,446$202
32 years$6,162$4,307$2,945$1,977$1,308$169
33 years$5,910$4,079$2,750$1,818$1,184$142
34 years$5,673$3,866$2,570$1,673$1,072$119
35 years$5,451$3,667$2,402$1,540$971$99
36 years$5,241$3,481$2,247$1,418$880$83
37 years$5,043$3,306$2,104$1,307$797$70
38 years$4,856$3,142$1,970$1,205$723$58
39 years$4,679$2,987$1,846$1,111$655$49
40 years$4,512$2,842$1,730$1,025$595$41
41 years$4,353$2,706$1,622$945$539$34
42 years$4,201$2,577$1,522$872$489$29
43 years$4,058$2,455$1,428$805$444$24
44 years$3,921$2,340$1,340$744$403$20
45 years$3,791$2,232$1,258$687$366$17
46 years$3,666$2,129$1,182$634$332$14
47 years$3,548$2,032$1,110$586$302$12
48 years$3,434$1,939$1,043$541$274$10
49 years$3,326$1,852$981$500$249$8
50 years$3,222$1,769$922$463$226$7

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 $2,217 every year, while hoping to spend $40,095 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: 32/48/20 Blend
39$3,300,000$3,300,000$3,300,000$3,300,000
40$3,638,887$3,463,987$3,412,837$3,732,693
41$3,967,393$3,591,061$3,484,506$3,930,162
42$4,328,062$3,723,019$3,557,232$4,138,908
43$4,724,134$3,860,056$3,631,009$4,362,917
44$5,159,175$4,002,378$3,705,827$4,603,546
45$5,637,115$4,150,199$3,781,677$4,862,289
46$6,162,284$4,303,742$3,858,547$5,140,781
47$6,739,451$4,463,240$3,936,422$5,440,819
48$7,373,871$4,628,934$4,015,288$5,764,374
49$8,071,331$4,801,078$4,095,126$6,113,612
50$8,838,211$4,979,934$4,175,916$6,490,910
51$9,681,535$5,165,778$4,257,636$6,898,879
52$10,609,046$5,358,896$4,340,261$7,340,389
53$11,629,274$5,559,586$4,423,765$7,818,593
54$12,751,614$5,768,160$4,508,115$8,336,954
55$13,986,422$5,984,944$4,593,281$8,899,282
56$15,345,107$6,210,275$4,679,225$9,509,762
57$16,840,237$6,444,508$4,765,908$10,172,998
58$18,485,663$6,688,011$4,853,288$10,894,050
59$20,296,646$6,941,169$4,941,319$11,678,484
60$22,290,001$7,204,383$5,029,950$12,532,422
61$24,484,255$7,478,072$5,119,128$13,462,597
62$26,899,825$7,762,673$5,208,794$14,476,417
63$29,559,205$8,058,643$5,298,887$15,582,031
64$32,487,184$8,366,456$5,389,339$16,788,407
65$35,711,074$8,686,609$5,480,079$18,105,412
66$39,260,971$9,019,621$5,571,030$19,543,903
67$43,170,041$9,366,033$5,662,110$21,115,833
68$47,474,826$9,726,409$5,753,231$22,834,352
69$52,215,594$10,101,339$5,844,301$24,713,941
70$57,436,718$10,491,439$5,935,218$26,770,535
71$63,187,094$10,897,349$6,025,878$29,021,679
72$69,520,600$11,319,742$6,116,168$31,486,687
73$76,496,610$11,759,318$6,205,968$34,186,824
74$84,180,547$12,216,808$6,295,151$37,145,505
75$92,644,506$12,692,974$6,383,582$40,388,509
76$101,967,931$13,188,616$6,471,118$43,944,223
77$112,238,367$13,704,565$6,557,607$47,843,908
78$123,552,283$14,241,692$6,642,890$52,121,987
79$136,015,986$14,800,904$6,726,796$56,816,371
80$149,746,618$15,383,151$6,809,146$61,968,811
81$164,873,272$15,989,423$6,889,750$67,625,288
82$181,538,197$16,620,756$6,968,408$73,836,447
83$199,898,152$17,278,232$7,044,909$80,658,068
84$220,125,879$17,962,981$7,119,029$88,151,590
85$242,411,734$18,676,183$7,190,532$96,384,685
86$266,965,487$19,419,072$7,259,171$105,431,899
87$294,018,297$20,192,937$7,324,684$115,375,340
88$323,824,897$20,999,125$7,386,794$126,305,462
89$356,665,998$21,839,043$7,445,213$138,321,901
90$392,850,936$22,714,162$7,499,633$151,534,420
91$432,720,595$23,626,019$7,549,735$166,063,937
92$476,650,623$24,576,222$7,595,179$182,043,661
93$525,054,980$25,566,450$7,635,610$199,620,340
94$578,389,839$26,598,457$7,670,654$218,955,649
95$637,157,900$27,674,079$7,699,919$240,227,701
96$701,913,131$28,795,235$7,722,992$263,632,730
97$773,265,997$29,963,928$7,739,439$289,386,929
98$851,889,224$31,182,255$7,748,805$317,728,492
99$938,524,148$32,452,409$7,750,613$348,919,848
100$1,033,987,714$33,776,680$7,744,361$383,250,135