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

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 $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$297,285$294,637$292,053$289,531$287,069$280,129
2 years$147,171$144,430$141,773$139,198$136,700$129,750
3 years$97,139$94,386$91,737$89,185$86,728$79,985
4 years$72,128$69,384$66,761$64,253$61,855$55,371
5 years$57,126$54,398$51,809$49,352$47,021$40,814
6 years$47,127$44,420$41,869$39,468$37,206$31,282
7 years$39,988$37,304$34,794$32,448$30,259$24,619
8 years$34,637$31,976$29,508$27,220$25,102$19,744
9 years$30,476$27,841$25,415$23,186$21,140$16,059
10 years$27,150$24,541$22,157$19,986$18,012$13,203
11 years$24,430$21,847$19,507$17,394$15,491$10,946
12 years$22,165$19,609$17,312$15,257$13,424$9,137
13 years$20,251$17,721$15,467$13,470$11,706$7,667
14 years$18,611$16,107$13,897$11,957$10,262$6,463
15 years$17,191$14,714$12,547$10,663$9,035$5,467
16 years$15,949$13,500$11,376$9,548$7,985$4,639
17 years$14,855$12,433$10,352$8,579$7,080$3,946
18 years$13,884$11,489$9,450$7,731$6,295$3,364
19 years$13,016$10,648$8,651$6,986$5,611$2,873
20 years$12,235$9,894$7,939$6,327$5,012$2,457
21 years$11,530$9,216$7,303$5,742$4,485$2,104
22 years$10,890$8,603$6,731$5,221$4,020$1,804
23 years$10,306$8,046$6,214$4,755$3,609$1,548
24 years$9,772$7,539$5,747$4,337$3,244$1,329
25 years$9,281$7,075$5,323$3,960$2,919$1,142
26 years$8,829$6,649$4,937$3,621$2,629$982
27 years$8,411$6,258$4,584$3,315$2,371$845
28 years$8,024$5,897$4,262$3,037$2,139$727
29 years$7,664$5,563$3,966$2,785$1,931$626
30 years$7,328$5,253$3,694$2,556$1,745$539
31 years$7,015$4,966$3,444$2,347$1,578$464
32 years$6,722$4,699$3,213$2,157$1,427$400
33 years$6,447$4,450$3,000$1,984$1,292$345
34 years$6,189$4,218$2,803$1,825$1,169$297
35 years$5,946$4,000$2,621$1,680$1,059$256
36 years$5,718$3,797$2,452$1,547$960$221
37 years$5,502$3,606$2,295$1,426$870$190
38 years$5,298$3,427$2,149$1,314$789$164
39 years$5,105$3,259$2,013$1,212$715$142
40 years$4,922$3,101$1,887$1,118$649$122
41 years$4,748$2,951$1,770$1,031$588$105
42 years$4,583$2,811$1,660$952$534$91
43 years$4,427$2,678$1,558$878$485$78
44 years$4,277$2,553$1,462$811$440$68
45 years$4,135$2,434$1,373$749$399$58
46 years$3,999$2,322$1,289$692$363$50
47 years$3,870$2,216$1,211$639$329$43
48 years$3,746$2,116$1,138$591$299$37
49 years$3,628$2,020$1,070$546$272$32
50 years$3,515$1,930$1,006$505$247$28

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 $2,786 every year, while hoping to spend $35,358 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: 39/48/13 Blend
39$3,600,000$3,600,000$3,600,000$3,600,000
40$3,970,074$3,779,274$3,723,474$4,109,271
41$4,337,401$3,926,838$3,810,589$4,355,886
42$4,741,010$4,080,447$3,899,439$4,618,712
43$5,184,565$4,240,361$3,990,042$4,902,119
44$5,672,101$4,406,849$4,082,419$5,207,979
45$6,208,066$4,580,196$4,176,591$5,538,350
46$6,797,358$4,760,694$4,272,575$5,895,487
47$7,445,373$4,948,653$4,370,392$6,281,868
48$8,158,059$5,144,395$4,470,057$6,700,213
49$8,941,966$5,348,255$4,571,589$7,153,510
50$9,804,313$5,560,586$4,675,004$7,645,039
51$10,753,053$5,781,755$4,780,317$8,178,407
52$11,796,949$6,012,145$4,887,541$8,757,573
53$12,945,654$6,252,157$4,996,691$9,386,893
54$14,209,809$6,502,210$5,107,778$10,071,149
55$15,601,133$6,762,743$5,220,813$10,815,603
56$17,132,544$7,034,212$5,335,805$11,626,036
57$18,818,271$7,317,096$5,452,762$12,508,807
58$20,673,996$7,611,895$5,571,691$13,470,908
59$22,716,997$7,919,131$5,692,596$14,520,029
60$24,966,314$8,239,351$5,815,480$15,664,627
61$27,442,924$8,573,126$5,940,345$16,914,008
62$30,169,945$8,921,052$6,067,189$18,278,406
63$33,172,849$9,283,753$6,196,010$19,769,083
64$36,479,705$9,661,882$6,326,802$21,398,430
65$40,121,441$10,056,121$6,459,556$23,180,083
66$44,132,141$10,467,184$6,594,264$25,129,047
67$48,549,358$10,895,815$6,730,911$27,261,836
68$53,414,477$11,342,794$6,869,481$29,596,627
69$58,773,101$11,808,938$7,009,956$32,153,428
70$64,675,481$12,295,099$7,152,312$34,954,262
71$71,176,989$12,802,169$7,296,524$38,023,373
72$78,338,648$13,331,081$7,442,563$41,387,452
73$86,227,695$13,882,809$7,590,395$45,075,885
74$94,918,229$14,458,375$7,739,982$49,121,026
75$104,491,899$15,058,847$7,891,282$53,558,498
76$115,038,682$15,685,339$8,044,249$58,427,528
77$126,657,728$16,339,021$8,198,832$63,771,310
78$139,458,297$17,021,115$8,354,974$69,637,410
79$153,560,791$17,732,897$8,512,613$76,078,208
80$169,097,889$18,475,706$8,671,682$83,151,393
81$186,215,798$19,250,940$8,832,108$90,920,497
82$205,075,637$20,060,063$8,993,811$99,455,491
83$225,854,952$20,904,607$9,156,704$108,833,441
84$248,749,398$21,786,174$9,320,695$119,139,231
85$273,974,581$22,706,440$9,485,683$130,466,354
86$301,768,094$23,667,161$9,651,559$142,917,792
87$332,391,761$24,670,173$9,818,207$156,606,982
88$366,134,106$25,717,397$9,985,502$171,658,876
89$403,313,080$26,810,845$10,153,311$188,211,118
90$444,279,057$27,952,620$10,321,491$206,415,334
91$489,418,148$29,144,925$10,489,888$226,438,553
92$539,155,839$30,390,066$10,658,339$248,464,781
93$593,961,011$31,690,455$10,826,669$272,696,726
94$654,350,365$33,048,619$10,994,694$299,357,703
95$720,893,302$34,467,201$11,162,216$328,693,733
96$794,217,293$35,948,968$11,329,025$360,975,857
97$875,013,807$37,496,818$11,494,897$396,502,683
98$964,044,835$39,113,782$11,659,596$435,603,195
99$1,062,150,086$40,803,035$11,822,870$478,639,849
100$1,170,254,912$42,567,901$11,984,454$526,011,981