Can I retire at age 40 with 3,500,000?

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 $3,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$289,027$286,452$283,940$281,489$279,095$274,697
2 years$143,083$140,418$137,835$135,331$132,902$128,483
3 years$94,441$91,765$89,188$86,708$84,319$80,016
4 years$70,125$67,457$64,906$62,468$60,137$55,983
5 years$55,539$52,887$50,370$47,982$45,715$41,722
6 years$45,818$43,186$40,706$38,371$36,173$32,346
7 years$38,878$36,268$33,827$31,547$29,418$25,758
8 years$33,674$31,088$28,688$26,464$24,405$20,911
9 years$29,630$27,068$24,709$22,542$20,553$17,224
10 years$26,396$23,859$21,542$19,431$17,512$14,345
11 years$23,752$21,240$18,965$16,911$15,061$12,052
12 years$21,550$19,064$16,831$14,833$13,051$10,197
13 years$19,688$17,228$15,038$13,095$11,381$8,678
14 years$18,094$15,660$13,511$11,625$9,977$7,419
15 years$16,713$14,306$12,199$10,367$8,784$6,369
16 years$15,506$13,125$11,060$9,283$7,763$5,485
17 years$14,443$12,088$10,064$8,340$6,884$4,736
18 years$13,498$11,170$9,187$7,516$6,121$4,100
19 years$12,654$10,352$8,411$6,792$5,455$3,556
20 years$11,895$9,620$7,719$6,151$4,873$3,090
21 years$11,210$8,960$7,100$5,583$4,361$2,688
22 years$10,587$8,364$6,544$5,076$3,909$2,342
23 years$10,020$7,823$6,042$4,623$3,509$2,043
24 years$9,501$7,329$5,588$4,216$3,154$1,784
25 years$9,024$6,878$5,175$3,850$2,838$1,558
26 years$8,584$6,464$4,800$3,521$2,556$1,363
27 years$8,177$6,084$4,457$3,223$2,305$1,192
28 years$7,801$5,733$4,143$2,953$2,080$1,044
29 years$7,451$5,408$3,856$2,708$1,878$914
30 years$7,124$5,107$3,592$2,485$1,697$801
31 years$6,820$4,828$3,348$2,282$1,534$702
32 years$6,535$4,569$3,124$2,097$1,388$615
33 years$6,268$4,326$2,917$1,929$1,256$540
34 years$6,017$4,100$2,725$1,775$1,137$473
35 years$5,781$3,889$2,548$1,634$1,030$415
36 years$5,559$3,691$2,384$1,504$933$365
37 years$5,349$3,506$2,231$1,386$846$320
38 years$5,151$3,332$2,089$1,278$767$281
39 years$4,963$3,168$1,957$1,178$695$247
40 years$4,785$3,014$1,835$1,087$631$217
41 years$4,616$2,869$1,720$1,003$572$190
42 years$4,456$2,733$1,614$925$519$167
43 years$4,304$2,604$1,514$854$471$147
44 years$4,158$2,482$1,421$789$428$129
45 years$4,020$2,367$1,335$728$388$113
46 years$3,888$2,258$1,254$673$352$99
47 years$3,763$2,155$1,178$622$320$87
48 years$3,642$2,057$1,107$574$291$77
49 years$3,527$1,964$1,040$531$264$67
50 years$3,417$1,876$978$491$240$59

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $3,500,000, adding $4,140 every year, while hoping to spend $54,935 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: 44/49/7 Blend
39$3,500,000$3,500,000$3,500,000$3,500,000
40$3,861,270$3,675,770$3,621,520$4,023,330
41$4,196,670$3,797,433$3,684,391$4,257,511
42$4,564,438$3,923,215$3,747,526$4,505,186
43$4,967,820$4,053,262$3,810,878$4,772,342
44$5,410,388$4,187,722$3,874,392$5,060,783
45$5,896,077$4,326,750$3,938,014$5,372,492
46$6,429,222$4,470,506$4,001,683$5,709,650
47$7,014,598$4,619,156$4,065,334$6,074,652
48$7,657,464$4,772,872$4,128,900$6,470,134
49$8,363,615$4,931,832$4,192,308$6,898,990
50$9,139,434$5,096,222$4,255,480$7,364,405
51$9,991,952$5,266,233$4,318,335$7,869,882
52$10,928,917$5,442,064$4,380,784$8,419,273
53$11,958,862$5,623,920$4,442,736$9,016,815
54$13,091,190$5,812,017$4,504,092$9,667,171
55$14,336,260$6,006,574$4,564,748$10,375,469
56$15,705,485$6,207,823$4,624,594$11,147,355
57$17,211,439$6,416,001$4,683,512$11,989,039
58$18,867,977$6,631,356$4,741,380$12,907,357
59$20,690,361$6,854,143$4,798,068$13,909,833
60$22,695,412$7,084,629$4,853,436$15,004,749
61$24,901,658$7,323,091$4,907,341$16,201,222
62$27,329,518$7,569,813$4,959,628$17,509,287
63$30,001,488$7,825,093$5,010,134$18,939,993
64$32,942,357$8,089,239$5,058,691$20,505,508
65$36,179,436$8,362,571$5,105,116$22,219,225
66$39,742,822$8,645,420$5,149,221$24,095,893
67$43,665,675$8,938,132$5,190,805$26,151,756
68$47,984,536$9,241,062$5,229,659$28,404,699
69$52,739,667$9,554,582$5,265,560$30,874,420
70$57,975,433$9,879,077$5,298,277$33,582,611
71$63,740,722$10,214,946$5,327,564$36,553,165
72$70,089,401$10,562,604$5,353,163$39,812,397
73$77,080,830$10,922,482$5,374,804$43,389,291
74$84,780,418$11,295,027$5,392,203$47,315,772
75$93,260,240$11,680,703$5,405,062$51,627,004
76$102,599,719$12,079,992$5,413,066$56,361,725
77$112,886,374$12,493,394$5,415,886$61,562,603
78$124,216,643$12,921,430$5,413,178$67,276,644
79$136,696,800$13,364,639$5,404,579$73,555,627
80$150,443,950$13,823,582$5,389,708$80,456,597
81$165,587,137$14,298,842$5,368,168$88,042,395
82$182,268,563$14,791,024$5,339,540$96,382,254
83$200,644,928$15,300,756$5,303,386$105,552,445
84$220,888,910$15,828,691$5,259,248$115,637,000
85$243,190,790$16,375,509$5,206,644$126,728,498
86$267,760,256$16,941,914$5,145,072$138,928,937
87$294,828,373$17,528,639$5,074,003$152,350,696
88$324,649,770$18,136,445$4,992,885$167,117,591
89$357,505,040$18,766,124$4,901,140$183,366,042
90$393,703,388$19,418,499$4,798,163$201,246,356
91$433,585,553$20,094,424$4,683,320$220,924,144
92$477,527,018$20,794,789$4,555,950$242,581,880
93$525,941,557$21,520,518$4,415,358$266,420,620
94$579,285,144$22,272,571$4,260,820$292,661,899
95$638,060,249$23,051,948$4,091,578$321,549,814
96$702,820,588$23,859,686$3,906,839$353,353,328
97$774,176,344$24,696,867$3,705,775$388,368,802
98$852,799,931$25,564,613$3,487,518$426,922,793
99$939,432,338$26,464,094$3,251,164$469,375,125
100$1,034,890,125$27,396,523$2,995,767$516,122,291