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%14.6%
1 years$297,285$294,637$292,053$289,531$287,069$281,619
2 years$147,171$144,430$141,773$139,198$136,700$131,230
3 years$97,139$94,386$91,737$89,185$86,728$81,409
4 years$72,128$69,384$66,761$64,253$61,855$56,728
5 years$57,126$54,398$51,809$49,352$47,021$42,101
6 years$47,127$44,420$41,869$39,468$37,206$32,498
7 years$39,988$37,304$34,794$32,448$30,259$25,763
8 years$34,637$31,976$29,508$27,220$25,102$20,819
9 years$30,476$27,841$25,415$23,186$21,140$17,066
10 years$27,150$24,541$22,157$19,986$18,012$14,144
11 years$24,430$21,847$19,507$17,394$15,491$11,824
12 years$22,165$19,609$17,312$15,257$13,424$9,953
13 years$20,251$17,721$15,467$13,470$11,706$8,425
14 years$18,611$16,107$13,897$11,957$10,262$7,165
15 years$17,191$14,714$12,547$10,663$9,035$6,116
16 years$15,949$13,500$11,376$9,548$7,985$5,238
17 years$14,855$12,433$10,352$8,579$7,080$4,497
18 years$13,884$11,489$9,450$7,731$6,295$3,870
19 years$13,016$10,648$8,651$6,986$5,611$3,337
20 years$12,235$9,894$7,939$6,327$5,012$2,882
21 years$11,530$9,216$7,303$5,742$4,485$2,493
22 years$10,890$8,603$6,731$5,221$4,020$2,159
23 years$10,306$8,046$6,214$4,755$3,609$1,871
24 years$9,772$7,539$5,747$4,337$3,244$1,623
25 years$9,281$7,075$5,323$3,960$2,919$1,409
26 years$8,829$6,649$4,937$3,621$2,629$1,225
27 years$8,411$6,258$4,584$3,315$2,371$1,064
28 years$8,024$5,897$4,262$3,037$2,139$926
29 years$7,664$5,563$3,966$2,785$1,931$806
30 years$7,328$5,253$3,694$2,556$1,745$701
31 years$7,015$4,966$3,444$2,347$1,578$611
32 years$6,722$4,699$3,213$2,157$1,427$532
33 years$6,447$4,450$3,000$1,984$1,292$463
34 years$6,189$4,218$2,803$1,825$1,169$404
35 years$5,946$4,000$2,621$1,680$1,059$352
36 years$5,718$3,797$2,452$1,547$960$307
37 years$5,502$3,606$2,295$1,426$870$267
38 years$5,298$3,427$2,149$1,314$789$233
39 years$5,105$3,259$2,013$1,212$715$203
40 years$4,922$3,101$1,887$1,118$649$177
41 years$4,748$2,951$1,770$1,031$588$155
42 years$4,583$2,811$1,660$952$534$135
43 years$4,427$2,678$1,558$878$485$118
44 years$4,277$2,553$1,462$811$440$103
45 years$4,135$2,434$1,373$749$399$89
46 years$3,999$2,322$1,289$692$363$78
47 years$3,870$2,216$1,211$639$329$68
48 years$3,746$2,116$1,138$591$299$59
49 years$3,628$2,020$1,070$546$272$52
50 years$3,515$1,930$1,006$505$247$45

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 $5,115 every year, while hoping to spend $46,562 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: 45/40/15 Blend
39$3,600,000$3,600,000$3,600,000$3,600,000
40$3,972,476$3,781,676$3,725,876$4,133,974
41$4,328,127$3,917,437$3,801,151$4,382,842
42$4,718,494$4,058,289$3,877,388$4,647,455
43$5,147,068$4,204,433$3,954,568$4,933,386
44$5,617,697$4,356,078$4,032,674$5,242,626
45$6,134,617$4,513,441$4,111,684$5,577,366
46$6,702,496$4,676,748$4,191,573$5,940,010
47$7,326,477$4,846,234$4,272,317$6,333,204
48$8,012,224$5,022,146$4,353,886$6,759,856
49$8,765,978$5,204,738$4,436,248$7,223,164
50$9,594,615$5,394,278$4,519,370$7,726,643
51$10,505,710$5,591,042$4,603,213$8,274,160
52$11,507,608$5,795,319$4,687,737$8,869,970
53$12,609,506$6,007,411$4,772,897$9,518,751
54$13,821,532$6,227,631$4,858,646$10,225,652
55$15,154,850$6,456,306$4,944,932$10,996,338
56$16,621,757$6,693,778$5,031,700$11,837,041
57$18,235,804$6,940,400$5,118,890$12,754,622
58$20,011,920$7,196,544$5,206,437$13,756,629
59$21,966,556$7,462,595$5,294,272$14,851,371
60$24,117,838$7,738,955$5,382,324$16,047,995
61$26,485,737$8,026,044$5,470,511$17,356,568
62$29,092,261$8,324,298$5,558,751$18,788,174
63$31,961,656$8,634,174$5,646,954$20,355,016
64$35,120,642$8,956,146$5,735,025$22,070,528
65$38,598,660$9,290,709$5,822,861$23,949,501
66$42,428,151$9,638,382$5,910,354$26,008,224
67$46,644,862$9,999,701$5,997,390$28,264,633
68$51,288,182$10,375,231$6,083,846$30,738,476
69$56,401,514$10,765,555$6,169,594$33,451,506
70$62,032,688$11,171,287$6,254,495$36,427,674
71$68,234,406$11,593,064$6,338,404$39,693,362
72$75,064,742$12,031,550$6,421,167$43,277,623
73$82,587,691$12,487,441$6,502,621$47,212,461
74$90,873,770$12,961,460$6,582,593$51,533,121
75$100,000,686$13,454,364$6,660,902$56,278,427
76$110,054,069$13,966,940$6,737,355$61,491,144
77$121,128,275$14,500,012$6,811,748$67,218,379
78$133,327,285$15,054,438$6,883,867$73,512,022
79$146,765,678$15,631,115$6,953,486$80,429,233
80$161,569,715$16,230,978$7,020,366$88,032,983
81$177,878,533$16,855,003$7,084,255$96,392,641
82$195,845,454$17,504,209$7,144,889$105,584,624
83$215,639,436$18,179,661$7,201,988$115,693,124
84$237,446,664$18,882,469$7,255,260$126,810,889
85$261,472,306$19,613,793$7,304,394$139,040,104
86$287,942,456$20,374,843$7,349,065$152,493,344
87$317,106,260$21,166,884$7,388,932$167,294,639
88$349,238,273$21,991,236$7,423,636$183,580,641
89$384,641,047$22,849,277$7,452,798$201,501,904
90$423,647,989$23,742,446$7,476,022$221,224,308
91$466,626,506$24,672,248$7,492,891$242,930,618
92$513,981,474$25,640,253$7,502,967$266,822,202
93$566,159,059$26,648,100$7,505,792$293,120,933
94$623,650,929$27,697,504$7,500,882$322,071,272
95$686,998,895$28,790,252$7,487,733$353,942,577
96$756,800,024$29,928,217$7,465,814$389,031,636
97$833,712,277$31,113,349$7,434,568$427,665,466
98$918,460,716$32,347,691$7,393,414$470,204,391
99$1,011,844,355$33,633,373$7,341,739$517,045,444
100$1,114,743,695$34,972,624$7,278,903$568,626,101