Can I retire at age 40 with 3,600,000?

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 $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$297,285$294,637$292,053$289,531$287,069$280,585
2 years$147,171$144,430$141,773$139,198$136,700$130,202
3 years$97,139$94,386$91,737$89,185$86,728$80,419
4 years$72,128$69,384$66,761$64,253$61,855$55,784
5 years$57,126$54,398$51,809$49,352$47,021$41,205
6 years$47,127$44,420$41,869$39,468$37,206$31,651
7 years$39,988$37,304$34,794$32,448$30,259$24,965
8 years$34,637$31,976$29,508$27,220$25,102$20,069
9 years$30,476$27,841$25,415$23,186$21,140$16,362
10 years$27,150$24,541$22,157$19,986$18,012$13,486
11 years$24,430$21,847$19,507$17,394$15,491$11,210
12 years$22,165$19,609$17,312$15,257$13,424$9,381
13 years$20,251$17,721$15,467$13,470$11,706$7,893
14 years$18,611$16,107$13,897$11,957$10,262$6,672
15 years$17,191$14,714$12,547$10,663$9,035$5,660
16 years$15,949$13,500$11,376$9,548$7,985$4,816
17 years$14,855$12,433$10,352$8,579$7,080$4,109
18 years$13,884$11,489$9,450$7,731$6,295$3,513
19 years$13,016$10,648$8,651$6,986$5,611$3,009
20 years$12,235$9,894$7,939$6,327$5,012$2,581
21 years$11,530$9,216$7,303$5,742$4,485$2,217
22 years$10,890$8,603$6,731$5,221$4,020$1,906
23 years$10,306$8,046$6,214$4,755$3,609$1,641
24 years$9,772$7,539$5,747$4,337$3,244$1,414
25 years$9,281$7,075$5,323$3,960$2,919$1,219
26 years$8,829$6,649$4,937$3,621$2,629$1,051
27 years$8,411$6,258$4,584$3,315$2,371$907
28 years$8,024$5,897$4,262$3,037$2,139$783
29 years$7,664$5,563$3,966$2,785$1,931$676
30 years$7,328$5,253$3,694$2,556$1,745$584
31 years$7,015$4,966$3,444$2,347$1,578$505
32 years$6,722$4,699$3,213$2,157$1,427$437
33 years$6,447$4,450$3,000$1,984$1,292$378
34 years$6,189$4,218$2,803$1,825$1,169$326
35 years$5,946$4,000$2,621$1,680$1,059$282
36 years$5,718$3,797$2,452$1,547$960$244
37 years$5,502$3,606$2,295$1,426$870$211
38 years$5,298$3,427$2,149$1,314$789$183
39 years$5,105$3,259$2,013$1,212$715$158
40 years$4,922$3,101$1,887$1,118$649$137
41 years$4,748$2,951$1,770$1,031$588$118
42 years$4,583$2,811$1,660$952$534$103
43 years$4,427$2,678$1,558$878$485$89
44 years$4,277$2,553$1,462$811$440$77
45 years$4,135$2,434$1,373$749$399$67
46 years$3,999$2,322$1,289$692$363$58
47 years$3,870$2,216$1,211$639$329$50
48 years$3,746$2,116$1,138$591$299$43
49 years$3,628$2,020$1,070$546$272$37
50 years$3,515$1,930$1,006$505$247$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $3,600,000, adding $3,343 every year, while hoping to spend $51,599 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: 77/10/13 Blend
39$3,600,000$3,600,000$3,600,000$3,600,000
40$3,970,648$3,779,848$3,724,048$4,265,802
41$4,320,753$3,910,160$3,793,903$4,591,058
42$4,704,840$4,045,127$3,864,368$4,940,748
43$5,126,320$4,184,925$3,935,411$5,322,756
44$5,588,950$4,329,732$4,006,993$5,740,286
45$6,096,871$4,479,736$4,079,075$6,196,864
46$6,654,641$4,635,133$4,151,614$6,696,373
47$7,267,285$4,796,125$4,224,563$7,243,093
48$7,940,336$4,962,923$4,297,874$7,841,733
49$8,679,889$5,135,745$4,371,491$8,497,482
50$9,492,660$5,314,819$4,445,358$9,216,054
51$10,386,047$5,500,381$4,519,414$10,003,745
52$11,368,202$5,692,678$4,593,592$10,867,488
53$12,448,104$5,891,964$4,667,823$11,814,920
54$13,635,647$6,098,507$4,742,032$12,854,455
55$14,941,731$6,312,582$4,816,138$13,995,360
56$16,378,366$6,534,477$4,890,057$15,247,844
57$17,958,785$6,764,491$4,963,699$16,623,157
58$19,697,565$7,002,935$5,036,967$18,133,688
59$21,610,771$7,250,133$5,109,759$19,793,088
60$23,716,101$7,506,422$5,181,968$21,616,396
61$26,033,058$7,772,151$5,253,478$23,620,183
62$28,583,129$8,047,685$5,324,169$25,822,704
63$31,389,989$8,333,403$5,393,910$28,244,070
64$34,479,729$8,629,700$5,462,566$30,906,444
65$37,881,092$8,936,987$5,529,993$33,834,240
66$41,625,754$9,255,690$5,596,039$37,054,361
67$45,748,616$9,586,254$5,660,541$40,596,447
68$50,288,137$9,929,142$5,723,332$44,493,157
69$55,286,694$10,284,837$5,784,230$48,780,477
70$60,790,982$10,653,840$5,843,047$53,498,059
71$66,852,457$11,036,672$5,899,584$58,689,591
72$73,527,817$11,433,878$5,953,629$64,403,214
73$80,879,540$11,846,025$6,004,962$70,691,973
74$88,976,474$12,273,701$6,053,349$77,614,319
75$97,894,483$12,717,520$6,098,544$85,234,658
76$107,717,164$13,178,123$6,140,290$93,623,958
77$118,536,638$13,656,174$6,178,313$102,860,420
78$130,454,417$14,152,369$6,212,328$113,030,217
79$143,582,361$14,667,428$6,242,035$124,228,302
80$158,043,736$15,202,106$6,267,117$136,559,307
81$173,974,374$15,757,186$6,287,242$150,138,532
82$191,523,957$16,333,486$6,302,062$165,093,025
83$210,857,430$16,931,856$6,311,211$181,562,790
84$232,156,556$17,553,185$6,314,304$199,702,102
85$255,621,630$18,198,396$6,310,938$219,680,962
86$281,473,372$18,868,453$6,300,691$241,686,706
87$309,955,010$19,564,361$6,283,117$265,925,768
88$341,334,572$20,287,166$6,257,753$292,625,628
89$375,907,420$21,037,959$6,224,110$322,036,963
90$413,999,036$21,817,878$6,181,676$354,436,008
91$455,968,091$22,628,108$6,129,916$390,127,163
92$502,209,837$23,469,886$6,068,269$429,445,870
93$553,159,830$24,344,500$5,996,146$472,761,772
94$609,298,047$25,253,295$5,912,931$520,482,209
95$671,153,414$26,197,672$5,817,980$573,056,055
96$739,308,798$27,179,093$5,710,618$630,977,961
97$814,406,509$28,199,083$5,590,137$694,793,019
98$897,154,365$29,259,231$5,455,800$765,101,908
99$988,332,373$30,361,195$5,306,831$842,566,565
100$1,088,800,087$31,506,706$5,142,422$927,916,432