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%11.6%
1 years$305,543$302,821$300,166$297,574$295,043$293,061
2 years$151,259$148,442$145,711$143,064$140,497$138,498
3 years$99,837$97,008$94,285$91,663$89,137$87,183
4 years$74,132$71,311$68,615$66,038$63,573$61,679
5 years$58,713$55,909$53,248$50,723$48,327$46,499
6 years$48,436$45,654$43,033$40,564$38,240$36,479
7 years$41,099$38,340$35,760$33,350$31,099$29,407
8 years$35,599$32,864$30,328$27,976$25,800$24,177
9 years$31,323$28,614$26,121$23,830$21,727$20,173
10 years$27,904$25,222$22,773$20,541$18,513$17,026
11 years$25,109$22,454$20,049$17,877$15,921$14,501
12 years$22,781$20,153$17,793$15,681$13,797$12,442
13 years$20,813$18,213$15,897$13,844$12,031$10,740
14 years$19,128$16,555$14,283$12,289$10,547$9,318
15 years$17,668$15,123$12,896$10,960$9,286$8,118
16 years$16,392$13,875$11,692$9,813$8,207$7,098
17 years$15,268$12,779$10,639$8,817$7,277$6,225
18 years$14,269$11,808$9,712$7,946$6,470$5,474
19 years$13,377$10,944$8,891$7,180$5,767$4,824
20 years$12,575$10,169$8,160$6,503$5,151$4,260
21 years$11,850$9,472$7,506$5,902$4,610$3,768
22 years$11,192$8,842$6,917$5,366$4,132$3,338
23 years$10,593$8,270$6,387$4,887$3,709$2,961
24 years$10,044$7,748$5,907$4,457$3,334$2,629
25 years$9,539$7,271$5,471$4,070$3,000$2,337
26 years$9,074$6,834$5,074$3,722$2,702$2,079
27 years$8,645$6,431$4,712$3,407$2,436$1,851
28 years$8,246$6,060$4,380$3,121$2,198$1,650
29 years$7,876$5,717$4,076$2,862$1,985$1,471
30 years$7,532$5,399$3,797$2,627$1,794$1,312
31 years$7,210$5,104$3,540$2,413$1,622$1,171
32 years$6,909$4,830$3,303$2,217$1,467$1,045
33 years$6,626$4,574$3,084$2,039$1,328$934
34 years$6,361$4,335$2,881$1,876$1,202$834
35 years$6,112$4,111$2,694$1,727$1,089$746
36 years$5,876$3,902$2,520$1,590$986$667
37 years$5,655$3,706$2,359$1,465$894$596
38 years$5,445$3,522$2,209$1,351$810$533
39 years$5,247$3,349$2,069$1,245$735$477
40 years$5,058$3,187$1,940$1,149$667$427
41 years$4,880$3,033$1,819$1,060$605$382
42 years$4,711$2,889$1,706$978$549$342
43 years$4,550$2,753$1,601$903$498$306
44 years$4,396$2,624$1,503$834$452$274
45 years$4,250$2,502$1,411$770$410$245
46 years$4,111$2,387$1,325$711$373$220
47 years$3,978$2,278$1,245$657$338$197
48 years$3,850$2,174$1,170$607$307$176
49 years$3,729$2,076$1,100$561$279$158
50 years$3,612$1,984$1,034$519$253$141

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 $6,102 every year, while hoping to spend $41,583 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: 46/38/16 Blend
39$3,700,000$3,700,000$3,700,000$3,700,000
40$4,083,694$3,887,594$3,830,244$4,252,702
41$4,455,987$4,033,842$3,914,313$4,517,207
42$4,864,860$4,185,863$3,999,805$4,799,307
43$5,314,000$4,343,895$4,086,723$5,104,455
44$5,807,470$4,508,188$4,175,071$5,434,809
45$6,349,745$4,679,001$4,264,848$5,792,742
46$6,945,753$4,856,607$4,356,055$6,180,862
47$7,600,927$5,041,288$4,448,690$6,602,034
48$8,321,250$5,233,339$4,542,749$7,059,408
49$9,113,314$5,433,069$4,638,228$7,556,449
50$9,984,383$5,640,800$4,735,119$8,096,965
51$10,942,458$5,856,868$4,833,414$8,685,146
52$11,996,356$6,081,622$4,933,101$9,325,599
53$13,155,792$6,315,429$5,034,167$10,023,391
54$14,431,468$6,558,670$5,136,597$10,784,099
55$15,835,178$6,811,744$5,240,372$11,613,856
56$17,379,914$7,075,068$5,345,473$12,519,412
57$19,079,994$7,349,075$5,451,875$13,508,193
58$20,951,193$7,634,220$5,559,553$14,588,374
59$23,010,893$7,930,975$5,668,476$15,768,948
60$25,278,247$8,239,835$5,778,613$17,059,818
61$27,774,359$8,561,318$5,889,927$18,471,882
62$30,522,482$8,895,961$6,002,378$20,017,135
63$33,548,241$9,244,329$6,115,924$21,708,784
64$36,879,870$9,607,010$6,230,516$23,561,370
65$40,548,482$9,984,618$6,346,103$25,590,900
66$44,588,357$10,377,795$6,462,628$27,814,998
67$49,037,274$10,787,211$6,580,030$30,253,073
68$53,936,859$11,213,567$6,698,244$32,926,494
69$59,332,982$11,657,595$6,817,198$35,858,793
70$65,276,188$12,120,059$6,936,816$39,075,886
71$71,822,175$12,601,758$7,057,016$42,606,312
72$79,032,319$13,103,526$7,177,708$46,481,501
73$86,974,252$13,626,236$7,298,798$50,736,070
74$95,722,503$14,170,799$7,420,185$55,408,146
75$105,359,197$14,738,167$7,541,760$60,539,722
76$115,974,833$15,329,335$7,663,407$66,177,051
77$127,669,138$15,945,344$7,785,002$72,371,081
78$140,552,005$16,587,281$7,906,415$79,177,931
79$154,744,534$17,256,282$8,027,504$86,659,420
80$170,380,172$17,953,535$8,148,121$94,883,643
81$187,605,973$18,680,282$8,268,107$103,925,614
82$206,583,987$19,437,821$8,387,294$113,867,970
83$227,492,789$20,227,509$8,505,503$124,801,744
84$250,529,161$21,050,765$8,622,545$136,827,226
85$275,909,954$21,909,071$8,738,219$150,054,898
86$303,874,133$22,803,979$8,852,313$164,606,482
87$334,685,031$23,737,111$8,964,602$180,616,074
88$368,632,837$24,710,162$9,074,849$198,231,415
89$406,037,331$25,724,905$9,182,801$217,615,274
90$447,250,909$26,783,195$9,288,195$238,946,982
91$492,661,901$27,886,970$9,390,748$262,424,119
92$542,698,243$29,038,260$9,490,167$288,264,374
93$597,831,514$30,239,185$9,586,138$316,707,595
94$658,581,387$31,491,964$9,678,332$348,018,045
95$725,520,536$32,798,918$9,766,404$382,486,891
96$799,280,040$34,162,474$9,849,987$420,434,947
97$880,555,339$35,585,170$9,928,697$462,215,697
98$970,112,804$37,069,664$10,002,129$508,218,620
99$1,068,796,967$38,618,734$10,069,856$558,872,864
100$1,177,538,492$40,235,287$10,131,432$614,651,288