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

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 $3,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$272,511$270,084$267,715$265,404$263,147$255,234
2 years$134,906$132,394$129,959$127,598$125,308$117,403
3 years$89,044$86,521$84,092$81,753$79,500$71,851
4 years$66,118$63,602$61,197$58,899$56,700$49,365
5 years$52,365$49,865$47,492$45,240$43,103$36,101
6 years$43,200$40,718$38,380$36,179$34,106$27,444
7 years$36,656$34,195$31,894$29,744$27,737$21,415
8 years$31,750$29,312$27,049$24,952$23,011$17,024
9 years$27,937$25,521$23,297$21,253$19,378$13,722
10 years$24,887$22,496$20,311$18,321$16,511$11,176
11 years$22,394$20,026$17,881$15,944$14,200$9,177
12 years$20,318$17,975$15,869$13,985$12,306$7,585
13 years$18,563$16,244$14,178$12,347$10,731$6,301
14 years$17,060$14,765$12,739$10,960$9,406$5,257
15 years$15,758$13,488$11,502$9,775$8,282$4,400
16 years$14,620$12,375$10,428$8,752$7,320$3,694
17 years$13,617$11,397$9,489$7,864$6,490$3,108
18 years$12,727$10,531$8,662$7,087$5,771$2,620
19 years$11,931$9,760$7,930$6,404$5,144$2,213
20 years$11,216$9,070$7,278$5,800$4,594$1,871
21 years$10,569$8,448$6,694$5,264$4,112$1,584
22 years$9,982$7,886$6,170$4,786$3,685$1,342
23 years$9,447$7,376$5,697$4,359$3,308$1,138
24 years$8,958$6,911$5,268$3,975$2,973$966
25 years$8,508$6,485$4,880$3,630$2,676$820
26 years$8,093$6,095$4,526$3,319$2,410$696
27 years$7,710$5,736$4,202$3,038$2,173$592
28 years$7,355$5,405$3,907$2,784$1,961$503
29 years$7,025$5,099$3,635$2,553$1,770$428
30 years$6,717$4,816$3,386$2,343$1,600$364
31 years$6,430$4,552$3,157$2,152$1,446$310
32 years$6,162$4,307$2,945$1,977$1,308$263
33 years$5,910$4,079$2,750$1,818$1,184$224
34 years$5,673$3,866$2,570$1,673$1,072$191
35 years$5,451$3,667$2,402$1,540$971$162
36 years$5,241$3,481$2,247$1,418$880$138
37 years$5,043$3,306$2,104$1,307$797$118
38 years$4,856$3,142$1,970$1,205$723$100
39 years$4,679$2,987$1,846$1,111$655$85
40 years$4,512$2,842$1,730$1,025$595$73
41 years$4,353$2,706$1,622$945$539$62
42 years$4,201$2,577$1,522$872$489$53
43 years$4,058$2,455$1,428$805$444$45
44 years$3,921$2,340$1,340$744$403$38
45 years$3,791$2,232$1,258$687$366$33
46 years$3,666$2,129$1,182$634$332$28
47 years$3,548$2,032$1,110$586$302$24
48 years$3,434$1,939$1,043$541$274$20
49 years$3,326$1,852$981$500$249$17
50 years$3,222$1,769$922$463$226$15

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 $2,794 every year, while hoping to spend $46,619 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: 24/48/28 Blend
39$3,300,000$3,300,000$3,300,000$3,300,000
40$3,639,482$3,464,582$3,413,432$3,694,670
41$3,961,107$3,584,744$3,478,180$3,861,986
42$4,313,975$3,709,232$3,543,534$4,036,996
43$4,701,224$3,838,208$3,609,466$4,223,530
44$5,126,310$3,971,841$3,675,944$4,422,576
45$5,593,040$4,110,308$3,742,935$4,635,222
46$6,105,608$4,253,790$3,810,400$4,862,657
47$6,668,633$4,402,479$3,878,302$5,106,187
48$7,287,204$4,556,571$3,946,596$5,367,247
49$7,966,928$4,716,273$4,015,236$5,647,408
50$8,713,982$4,881,797$4,084,174$5,948,397
51$9,535,170$5,053,367$4,153,355$6,272,112
52$10,437,988$5,231,213$4,222,723$6,620,634
53$11,430,696$5,415,575$4,292,218$6,996,252
54$12,522,393$5,606,705$4,361,773$7,401,480
55$13,723,105$5,804,861$4,431,321$7,839,080
56$15,043,878$6,010,315$4,500,786$8,312,088
57$16,496,881$6,223,349$4,570,090$8,823,843
58$18,095,524$6,444,254$4,639,149$9,378,014
59$19,854,582$6,673,337$4,707,875$9,978,638
60$21,790,333$6,910,914$4,776,173$10,630,150
61$23,920,714$7,157,316$4,843,942$11,337,434
62$26,265,489$7,412,886$4,911,075$12,105,859
63$28,846,434$7,677,983$4,977,461$12,941,331
64$31,687,543$7,952,977$5,042,980$13,850,350
65$34,815,258$8,238,258$5,107,505$14,840,068
66$38,258,710$8,534,229$5,170,902$15,918,354
67$42,050,002$8,841,309$5,233,030$17,093,869
68$46,224,506$9,159,937$5,293,741$18,376,147
69$50,821,199$9,490,568$5,352,875$19,775,679
70$55,883,032$9,833,676$5,410,266$21,304,016
71$61,457,331$10,189,756$5,465,740$22,973,873
72$67,596,246$10,559,322$5,519,110$24,799,249
73$74,357,244$10,942,910$5,570,182$26,795,556
74$81,803,649$11,341,078$5,618,749$28,979,763
75$90,005,240$11,754,409$5,664,595$31,370,556
76$99,038,907$12,183,508$5,707,491$33,988,511
77$108,989,382$12,629,006$5,747,199$36,856,286
78$119,950,033$13,091,562$5,783,465$39,998,834
79$132,023,749$13,571,861$5,816,023$43,443,634
80$145,323,906$14,070,617$5,844,594$47,220,953
81$159,975,442$14,588,575$5,868,886$51,364,123
82$176,116,032$15,126,510$5,888,589$55,909,859
83$193,897,390$15,685,231$5,903,379$60,898,600
84$213,486,698$16,265,582$5,912,917$66,374,888
85$235,068,187$16,868,441$5,916,845$72,387,789
86$258,844,872$17,494,724$5,914,789$78,991,348
87$285,040,470$18,145,387$5,906,355$86,245,103
88$313,901,511$18,821,424$5,891,132$94,214,638
89$345,699,667$19,523,876$5,868,686$102,972,202
90$380,734,311$20,253,824$5,838,565$112,597,389
91$419,335,347$21,012,397$5,800,293$123,177,883
92$461,866,322$21,800,774$5,753,372$134,810,283
93$508,727,857$22,620,183$5,697,281$147,601,015
94$560,361,431$23,471,904$5,631,473$161,667,328
95$617,253,545$24,357,275$5,555,375$177,138,399
96$679,940,314$25,277,690$5,468,387$194,156,549
97$749,012,532$26,234,602$5,369,884$212,878,582
98$825,121,242$27,229,529$5,259,207$233,477,261
99$908,983,888$28,264,056$5,135,670$256,142,934
100$1,001,391,083$29,339,832$4,998,553$281,085,327