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%18.3%
1 years$297,285$294,637$292,053$289,531$287,069$277,436
2 years$147,171$144,430$141,773$139,198$136,700$127,089
3 years$97,139$94,386$91,737$89,185$86,728$77,442
4 years$72,128$69,384$66,761$64,253$61,855$52,965
5 years$57,126$54,398$51,809$49,352$47,021$38,551
6 years$47,127$44,420$41,869$39,468$37,206$29,162
7 years$39,988$37,304$34,794$32,448$30,259$22,639
8 years$34,637$31,976$29,508$27,220$25,102$17,902
9 years$30,476$27,841$25,415$23,186$21,140$14,350
10 years$27,150$24,541$22,157$19,986$18,012$11,622
11 years$24,430$21,847$19,507$17,394$15,491$9,488
12 years$22,165$19,609$17,312$15,257$13,424$7,795
13 years$20,251$17,721$15,467$13,470$11,706$6,436
14 years$18,611$16,107$13,897$11,957$10,262$5,336
15 years$17,191$14,714$12,547$10,663$9,035$4,439
16 years$15,949$13,500$11,376$9,548$7,985$3,702
17 years$14,855$12,433$10,352$8,579$7,080$3,094
18 years$13,884$11,489$9,450$7,731$6,295$2,591
19 years$13,016$10,648$8,651$6,986$5,611$2,173
20 years$12,235$9,894$7,939$6,327$5,012$1,825
21 years$11,530$9,216$7,303$5,742$4,485$1,534
22 years$10,890$8,603$6,731$5,221$4,020$1,291
23 years$10,306$8,046$6,214$4,755$3,609$1,087
24 years$9,772$7,539$5,747$4,337$3,244$916
25 years$9,281$7,075$5,323$3,960$2,919$772
26 years$8,829$6,649$4,937$3,621$2,629$651
27 years$8,411$6,258$4,584$3,315$2,371$549
28 years$8,024$5,897$4,262$3,037$2,139$463
29 years$7,664$5,563$3,966$2,785$1,931$391
30 years$7,328$5,253$3,694$2,556$1,745$330
31 years$7,015$4,966$3,444$2,347$1,578$279
32 years$6,722$4,699$3,213$2,157$1,427$236
33 years$6,447$4,450$3,000$1,984$1,292$199
34 years$6,189$4,218$2,803$1,825$1,169$168
35 years$5,946$4,000$2,621$1,680$1,059$142
36 years$5,718$3,797$2,452$1,547$960$120
37 years$5,502$3,606$2,295$1,426$870$101
38 years$5,298$3,427$2,149$1,314$789$86
39 years$5,105$3,259$2,013$1,212$715$72
40 years$4,922$3,101$1,887$1,118$649$61
41 years$4,748$2,951$1,770$1,031$588$52
42 years$4,583$2,811$1,660$952$534$44
43 years$4,427$2,678$1,558$878$485$37
44 years$4,277$2,553$1,462$811$440$31
45 years$4,135$2,434$1,373$749$399$26
46 years$3,999$2,322$1,289$692$363$22
47 years$3,870$2,216$1,211$639$329$19
48 years$3,746$2,116$1,138$591$299$16
49 years$3,628$2,020$1,070$546$272$13
50 years$3,515$1,930$1,006$505$247$11

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 $6,076 every year, while hoping to spend $21,609 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: 46/32/22 Blend
39$3,600,000$3,600,000$3,600,000$3,600,000
40$3,973,467$3,782,667$3,726,867$4,130,935
41$4,355,769$3,945,026$3,828,726$4,404,439
42$4,776,342$4,114,617$3,933,272$4,698,385
43$5,239,065$4,291,770$4,040,573$5,016,865
44$5,748,216$4,476,833$4,150,699$5,362,179
45$6,308,506$4,670,169$4,263,719$5,736,853
46$6,925,125$4,872,159$4,379,705$6,143,663
47$7,603,794$5,083,200$4,498,731$6,585,658
48$8,350,814$5,303,711$4,620,872$7,066,191
49$9,173,131$5,534,126$4,746,205$7,588,945
50$10,078,395$5,774,904$4,874,808$8,157,972
51$11,075,040$6,026,522$5,006,762$8,777,723
52$12,172,354$6,289,482$5,142,149$9,453,096
53$13,380,576$6,564,308$5,281,053$10,189,476
54$14,710,986$6,851,550$5,423,559$10,992,783
55$16,176,013$7,151,783$5,569,755$11,869,534
56$17,789,356$7,465,609$5,719,731$12,826,893
57$19,566,106$7,793,660$5,873,577$13,872,744
58$21,522,895$8,136,596$6,031,388$15,015,761
59$23,678,049$8,495,108$6,193,259$16,265,487
60$26,051,763$8,869,922$6,359,287$17,632,426
61$28,666,291$9,261,796$6,529,571$19,128,136
62$31,546,154$9,671,525$6,704,212$20,765,336
63$34,718,374$10,099,942$6,883,316$22,558,029
64$38,212,727$10,547,918$7,066,986$24,521,624
65$42,062,026$11,016,367$7,255,331$26,673,088
66$46,302,430$11,506,246$7,448,461$29,031,094
67$50,973,782$12,018,556$7,646,489$31,616,204
68$56,119,989$12,554,347$7,849,528$34,451,052
69$61,789,437$13,114,719$8,057,696$37,560,562
70$68,035,442$13,700,823$8,271,112$40,972,176
71$74,916,760$14,313,865$8,489,896$44,716,109
72$82,498,135$14,955,111$8,714,174$48,825,636
73$90,850,917$15,625,883$8,944,071$53,337,397
74$100,053,729$16,327,570$9,179,715$58,291,743
75$110,193,211$17,061,623$9,421,238$63,733,113
76$121,364,843$17,829,566$9,668,773$69,710,447
77$133,673,836$18,632,994$9,922,456$76,277,647
78$147,236,134$19,473,578$10,182,426$83,494,078
79$162,179,506$20,353,069$10,448,823$91,425,130
80$178,644,748$21,273,302$10,721,791$100,142,823
81$196,787,016$22,236,198$11,001,475$109,726,489
82$216,777,292$23,243,772$11,288,025$120,263,510
83$238,803,994$24,298,134$11,581,591$131,850,143
84$263,074,754$25,401,496$11,882,328$144,592,418
85$289,818,384$26,556,174$12,190,390$158,607,138
86$319,287,029$27,764,597$12,505,938$174,022,971
87$351,758,552$29,029,308$12,829,133$190,981,663
88$387,539,153$30,352,973$13,160,139$209,639,365
89$426,966,265$31,738,387$13,499,122$230,168,105
90$470,411,733$33,188,477$13,846,251$252,757,399
91$518,285,329$34,706,311$14,201,699$277,616,039
92$571,038,616$36,295,105$14,565,640$304,974,050
93$629,169,217$37,958,227$14,938,251$335,084,857
94$693,225,506$39,699,208$15,319,711$368,227,671
95$763,811,788$41,521,751$15,710,202$404,710,108
96$841,594,006$43,429,732$16,109,909$444,871,093
97$927,306,023$45,427,217$16,519,019$489,084,043
98$1,021,756,552$47,518,465$16,937,721$537,760,383
99$1,125,836,793$49,707,942$17,366,207$591,353,424
100$1,240,528,842$52,000,328$17,804,672$650,362,626