Can I retire at age 40 with 3,700,000?

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 $3,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$305,543$302,821$300,166$297,574$295,043$293,800
2 years$151,259$148,442$145,711$143,064$140,497$139,242
3 years$99,837$97,008$94,285$91,663$89,137$87,909
4 years$74,132$71,311$68,615$66,038$63,573$62,381
5 years$58,713$55,909$53,248$50,723$48,327$47,176
6 years$48,436$45,654$43,033$40,564$38,240$37,129
7 years$41,099$38,340$35,760$33,350$31,099$30,031
8 years$35,599$32,864$30,328$27,976$25,800$24,774
9 years$31,323$28,614$26,121$23,830$21,727$20,743
10 years$27,904$25,222$22,773$20,541$18,513$17,570
11 years$25,109$22,454$20,049$17,877$15,921$15,019
12 years$22,781$20,153$17,793$15,681$13,797$12,935
13 years$20,813$18,213$15,897$13,844$12,031$11,209
14 years$19,128$16,555$14,283$12,289$10,547$9,762
15 years$17,668$15,123$12,896$10,960$9,286$8,539
16 years$16,392$13,875$11,692$9,813$8,207$7,497
17 years$15,268$12,779$10,639$8,817$7,277$6,602
18 years$14,269$11,808$9,712$7,946$6,470$5,830
19 years$13,377$10,944$8,891$7,180$5,767$5,160
20 years$12,575$10,169$8,160$6,503$5,151$4,576
21 years$11,850$9,472$7,506$5,902$4,610$4,066
22 years$11,192$8,842$6,917$5,366$4,132$3,618
23 years$10,593$8,270$6,387$4,887$3,709$3,223
24 years$10,044$7,748$5,907$4,457$3,334$2,875
25 years$9,539$7,271$5,471$4,070$3,000$2,568
26 years$9,074$6,834$5,074$3,722$2,702$2,295
27 years$8,645$6,431$4,712$3,407$2,436$2,053
28 years$8,246$6,060$4,380$3,121$2,198$1,838
29 years$7,876$5,717$4,076$2,862$1,985$1,647
30 years$7,532$5,399$3,797$2,627$1,794$1,476
31 years$7,210$5,104$3,540$2,413$1,622$1,324
32 years$6,909$4,830$3,303$2,217$1,467$1,188
33 years$6,626$4,574$3,084$2,039$1,328$1,066
34 years$6,361$4,335$2,881$1,876$1,202$958
35 years$6,112$4,111$2,694$1,727$1,089$860
36 years$5,876$3,902$2,520$1,590$986$773
37 years$5,655$3,706$2,359$1,465$894$695
38 years$5,445$3,522$2,209$1,351$810$624
39 years$5,247$3,349$2,069$1,245$735$561
40 years$5,058$3,187$1,940$1,149$667$505
41 years$4,880$3,033$1,819$1,060$605$454
42 years$4,711$2,889$1,706$978$549$409
43 years$4,550$2,753$1,601$903$498$368
44 years$4,396$2,624$1,503$834$452$331
45 years$4,250$2,502$1,411$770$410$298
46 years$4,111$2,387$1,325$711$373$268
47 years$3,978$2,278$1,245$657$338$241
48 years$3,850$2,174$1,170$607$307$217
49 years$3,729$2,076$1,100$561$279$196
50 years$3,612$1,984$1,034$519$253$176

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $3,700,000, adding $3,377 every year, while hoping to spend $46,499 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: 75/17/8 Blend
39$3,700,000$3,700,000$3,700,000$3,700,000
40$4,080,883$3,884,783$3,827,433$4,381,771
41$4,447,659$4,025,663$3,906,178$4,721,179
42$4,850,287$4,171,888$3,986,002$5,086,764
43$5,292,376$4,323,670$4,066,892$5,486,046
44$5,777,899$4,481,231$4,148,834$5,922,349
45$6,311,236$4,644,802$4,231,811$6,399,332
46$6,897,209$4,814,624$4,315,803$6,921,021
47$7,541,131$4,990,947$4,400,790$7,491,852
48$8,248,855$5,174,033$4,486,745$8,116,708
49$9,026,832$5,364,154$4,573,645$8,800,964
50$9,882,165$5,561,593$4,661,458$9,550,541
51$10,822,681$5,766,647$4,750,152$10,371,958
52$11,857,005$5,979,623$4,839,693$11,272,396
53$12,994,638$6,200,843$4,930,041$12,259,762
54$14,246,048$6,430,641$5,021,155$13,342,764
55$15,622,770$6,669,368$5,112,988$14,530,993
56$17,137,512$6,917,386$5,205,492$15,835,015
57$18,804,276$7,175,076$5,298,614$17,266,466
58$20,638,490$7,442,832$5,392,295$18,838,162
59$22,657,153$7,721,068$5,486,475$20,564,223
60$24,878,996$8,010,214$5,581,085$22,460,201
61$27,324,659$8,310,719$5,676,056$24,543,228
62$30,016,880$8,623,051$5,771,311$26,832,176
63$32,980,720$8,947,698$5,866,767$29,347,838
64$36,243,787$9,285,170$5,962,338$32,113,116
65$39,836,507$9,635,997$6,057,930$35,153,244
66$43,792,404$10,000,734$6,153,444$38,496,021
67$48,148,419$10,379,959$6,248,773$42,172,072
68$52,945,256$10,774,275$6,343,806$46,215,139
69$58,227,770$11,184,313$6,438,422$50,662,397
70$64,045,387$11,610,729$6,532,493$55,554,803
71$70,452,570$12,054,208$6,625,885$60,937,482
72$77,509,334$12,515,466$6,718,454$66,860,153
73$85,281,811$12,995,249$6,810,048$73,377,595
74$93,842,877$13,494,338$6,900,506$80,550,166
75$103,272,835$14,013,545$6,989,657$88,444,367
76$113,660,176$14,553,719$7,077,322$97,133,472
77$125,102,410$15,115,748$7,163,308$106,698,219
78$137,706,993$15,700,557$7,247,416$117,227,566
79$151,592,333$16,309,111$7,329,431$128,819,534
80$166,888,914$16,942,420$7,409,130$141,582,128
81$183,740,522$17,601,538$7,486,275$155,634,358
82$202,305,605$18,287,563$7,560,615$171,107,357
83$222,758,769$19,001,646$7,631,888$188,145,618
84$245,292,423$19,744,986$7,699,816$206,908,361
85$270,118,595$20,518,836$7,764,105$227,571,026
86$297,470,937$21,324,504$7,824,447$250,326,934
87$327,606,925$22,163,357$7,880,519$275,389,108
88$360,810,294$23,036,824$7,931,979$302,992,280
89$397,393,711$23,946,395$7,978,467$333,395,108
90$437,701,731$24,893,630$8,019,607$366,882,612
91$482,114,046$25,880,156$8,055,003$403,768,868
92$531,049,069$26,907,674$8,084,236$444,399,962
93$584,967,885$27,977,962$8,106,869$489,157,262
94$644,378,603$29,092,875$8,122,442$538,461,014
95$709,841,149$30,254,355$8,130,473$592,774,305
96$781,972,557$31,464,429$8,130,454$652,607,433
97$861,452,789$32,725,217$8,121,855$718,522,721
98$949,031,153$34,038,933$8,104,117$791,139,822
99$1,045,533,382$35,407,891$8,076,656$871,141,568
100$1,151,869,420$36,834,511$8,038,858$959,280,412