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%15%
1 years$305,543$302,821$300,166$297,574$295,043$288,968
2 years$151,259$148,442$145,711$143,064$140,497$134,404
3 years$99,837$97,008$94,285$91,663$89,137$83,216
4 years$74,132$71,311$68,615$66,038$63,573$57,870
5 years$58,713$55,909$53,248$50,723$48,327$42,858
6 years$48,436$45,654$43,033$40,564$38,240$33,011
7 years$41,099$38,340$35,760$33,350$31,099$26,111
8 years$35,599$32,864$30,328$27,976$25,800$21,051
9 years$31,323$28,614$26,121$23,830$21,727$17,215
10 years$27,904$25,222$22,773$20,541$18,513$14,232
11 years$25,109$22,454$20,049$17,877$15,921$11,868
12 years$22,781$20,153$17,793$15,681$13,797$9,964
13 years$20,813$18,213$15,897$13,844$12,031$8,412
14 years$19,128$16,555$14,283$12,289$10,547$7,134
15 years$17,668$15,123$12,896$10,960$9,286$6,073
16 years$16,392$13,875$11,692$9,813$8,207$5,186
17 years$15,268$12,779$10,639$8,817$7,277$4,441
18 years$14,269$11,808$9,712$7,946$6,470$3,810
19 years$13,377$10,944$8,891$7,180$5,767$3,276
20 years$12,575$10,169$8,160$6,503$5,151$2,821
21 years$11,850$9,472$7,506$5,902$4,610$2,432
22 years$11,192$8,842$6,917$5,366$4,132$2,100
23 years$10,593$8,270$6,387$4,887$3,709$1,814
24 years$10,044$7,748$5,907$4,457$3,334$1,569
25 years$9,539$7,271$5,471$4,070$3,000$1,358
26 years$9,074$6,834$5,074$3,722$2,702$1,176
27 years$8,645$6,431$4,712$3,407$2,436$1,019
28 years$8,246$6,060$4,380$3,121$2,198$883
29 years$7,876$5,717$4,076$2,862$1,985$766
30 years$7,532$5,399$3,797$2,627$1,794$665
31 years$7,210$5,104$3,540$2,413$1,622$577
32 years$6,909$4,830$3,303$2,217$1,467$501
33 years$6,626$4,574$3,084$2,039$1,328$435
34 years$6,361$4,335$2,881$1,876$1,202$378
35 years$6,112$4,111$2,694$1,727$1,089$328
36 years$5,876$3,902$2,520$1,590$986$285
37 years$5,655$3,706$2,359$1,465$894$248
38 years$5,445$3,522$2,209$1,351$810$215
39 years$5,247$3,349$2,069$1,245$735$187
40 years$5,058$3,187$1,940$1,149$667$162
41 years$4,880$3,033$1,819$1,060$605$141
42 years$4,711$2,889$1,706$978$549$123
43 years$4,550$2,753$1,601$903$498$107
44 years$4,396$2,624$1,503$834$452$93
45 years$4,250$2,502$1,411$770$410$81
46 years$4,111$2,387$1,325$711$373$70
47 years$3,978$2,278$1,245$657$338$61
48 years$3,850$2,174$1,170$607$307$53
49 years$3,729$2,076$1,100$561$279$46
50 years$3,612$1,984$1,034$519$253$40

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 $6,704 every year, while hoping to spend $27,419 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: 62/27/11 Blend
39$3,700,000$3,700,000$3,700,000$3,700,000
40$4,084,315$3,888,215$3,830,865$4,326,784
41$4,471,742$4,049,564$3,930,026$4,651,354
42$4,897,767$4,217,900$4,031,589$5,001,729
43$5,366,299$4,393,537$4,135,607$5,383,496
44$5,881,643$4,576,802$4,242,131$5,799,694
45$6,448,543$4,768,038$4,351,216$6,253,670
46$7,072,228$4,967,605$4,462,914$6,749,101
47$7,758,455$5,175,877$4,577,282$7,290,035
48$8,513,570$5,393,248$4,694,373$7,880,926
49$9,344,565$5,620,128$4,814,246$8,526,674
50$10,259,144$5,856,948$4,936,956$9,232,670
51$11,265,795$6,104,157$5,062,563$10,004,848
52$12,373,871$6,362,226$5,191,124$10,849,739
53$13,593,679$6,631,647$5,322,699$11,774,530
54$14,936,573$6,912,937$5,457,349$12,787,134
55$16,415,068$7,206,635$5,595,134$13,896,259
56$18,042,950$7,513,306$5,736,117$15,111,493
57$19,835,413$7,833,540$5,880,359$16,443,391
58$21,809,198$8,167,956$6,027,923$17,903,573
59$23,982,752$8,517,202$6,178,874$19,504,834
60$26,376,402$8,881,954$6,333,276$21,261,263
61$29,012,548$9,262,923$6,491,194$23,188,371
62$31,915,873$9,660,851$6,652,694$25,303,240
63$35,113,573$10,076,514$6,817,841$27,624,682
64$38,635,621$10,510,727$6,986,702$30,173,411
65$42,515,043$10,964,341$7,159,345$32,972,241
66$46,788,231$11,438,247$7,335,836$36,046,298
67$51,495,289$11,933,380$7,516,245$39,423,254
68$56,680,409$12,450,715$7,700,640$43,133,588
69$62,392,287$12,991,277$7,889,088$47,210,870
70$68,684,588$13,556,137$8,081,659$51,692,074
71$75,616,444$14,146,416$8,278,423$56,617,930
72$83,253,019$14,763,288$8,479,448$62,033,301
73$91,666,121$15,407,984$8,684,804$67,987,604
74$100,934,881$16,081,790$8,894,560$74,535,279
75$111,146,496$16,786,056$9,108,786$81,736,291
76$122,397,059$17,522,192$9,327,550$89,656,704
77$134,792,458$18,291,679$9,550,922$98,369,290
78$148,449,381$19,096,064$9,778,970$107,954,222
79$163,496,415$19,936,968$10,011,763$118,499,824
80$180,075,261$20,816,090$10,249,368$130,103,400
81$198,342,068$21,735,209$10,491,853$142,872,149
82$218,468,912$22,696,188$10,739,283$156,924,176
83$240,645,417$23,700,977$10,991,725$172,389,599
84$265,080,544$24,751,620$11,249,243$189,411,776
85$292,004,568$25,850,257$11,511,900$208,148,653
86$321,671,245$26,999,130$11,779,759$228,774,248
87$354,360,212$28,200,588$12,052,882$251,480,294
88$390,379,627$29,457,090$12,331,327$276,478,040
89$430,069,074$30,771,213$12,615,151$304,000,240
90$473,802,773$32,145,656$12,904,412$334,303,347
91$521,993,108$33,583,245$13,199,163$367,669,926
92$575,094,526$35,086,945$13,499,455$404,411,317
93$633,607,818$36,659,856$13,805,338$444,870,567
94$698,084,856$38,305,230$14,116,857$489,425,662
95$769,133,797$40,026,471$14,434,058$538,493,090
96$847,424,825$41,827,149$14,756,979$592,531,763
97$933,696,479$43,711,001$15,085,659$652,047,342
98$1,028,762,622$45,681,942$15,420,131$717,597,006
99$1,133,520,128$47,744,076$15,760,424$789,794,701
100$1,248,957,347$49,901,702$16,106,565$869,316,927