Can I retire at age 40 with 3,800,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $3,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$313,800$311,005$308,278$305,616$303,017$298,489
2 years$155,347$152,454$149,650$146,931$144,294$139,742
3 years$102,536$99,630$96,833$94,140$91,546$87,112
4 years$76,135$73,239$70,470$67,823$65,291$61,010
5 years$60,299$57,420$54,687$52,094$49,633$45,516
6 years$49,745$46,888$44,196$41,660$39,273$35,325
7 years$42,210$39,376$36,727$34,251$31,940$28,162
8 years$36,561$33,753$31,147$28,732$26,497$22,890
9 years$32,169$29,388$26,827$24,474$22,314$18,875
10 years$28,658$25,904$23,388$21,097$19,013$15,739
11 years$25,787$23,061$20,591$18,360$16,352$13,240
12 years$23,397$20,698$18,274$16,104$14,170$11,217
13 years$21,376$18,705$16,326$14,218$12,357$9,558
14 years$19,645$17,002$14,669$12,621$10,832$8,183
15 years$18,146$15,532$13,244$11,256$9,537$7,034
16 years$16,835$14,250$12,008$10,078$8,429$6,066
17 years$15,681$13,124$10,927$9,055$7,474$5,246
18 years$14,655$12,127$9,975$8,161$6,645$4,547
19 years$13,739$11,239$9,131$7,374$5,923$3,950
20 years$12,915$10,444$8,380$6,678$5,291$3,437
21 years$12,171$9,728$7,708$6,061$4,734$2,995
22 years$11,495$9,081$7,104$5,511$4,244$2,614
23 years$10,879$8,493$6,560$5,019$3,809$2,283
24 years$10,315$7,958$6,067$4,578$3,424$1,996
25 years$9,797$7,468$5,619$4,180$3,081$1,747
26 years$9,320$7,019$5,211$3,822$2,775$1,530
27 years$8,878$6,605$4,839$3,499$2,502$1,341
28 years$8,469$6,224$4,499$3,206$2,258$1,176
29 years$8,089$5,872$4,186$2,940$2,039$1,031
30 years$7,735$5,545$3,899$2,698$1,842$905
31 years$7,405$5,242$3,635$2,478$1,665$795
32 years$7,095$4,960$3,392$2,277$1,507$698
33 years$6,805$4,697$3,167$2,094$1,363$613
34 years$6,533$4,452$2,959$1,927$1,234$539
35 years$6,277$4,223$2,766$1,774$1,118$473
36 years$6,035$4,008$2,588$1,633$1,013$416
37 years$5,807$3,807$2,422$1,505$918$366
38 years$5,592$3,618$2,268$1,387$832$322
39 years$5,388$3,440$2,125$1,279$755$283
40 years$5,195$3,273$1,992$1,180$685$249
41 years$5,012$3,115$1,868$1,088$621$219
42 years$4,838$2,967$1,752$1,005$564$193
43 years$4,672$2,827$1,644$927$512$169
44 years$4,515$2,695$1,543$856$464$149
45 years$4,365$2,570$1,449$791$421$131
46 years$4,222$2,451$1,361$730$383$115
47 years$4,085$2,339$1,279$675$348$102
48 years$3,954$2,233$1,202$624$316$89
49 years$3,830$2,133$1,129$576$287$79
50 years$3,710$2,037$1,062$533$260$69

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $3,800,000, adding $3,315 every year, while hoping to spend $23,627 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: 87/6/7 Blend
39$3,800,000$3,800,000$3,800,000$3,800,000
40$4,191,019$3,989,619$3,930,719$4,553,251
41$4,593,364$4,159,972$4,037,260$4,960,110
42$5,035,957$4,337,880$4,146,577$5,403,622
43$5,522,877$4,523,688$4,258,740$5,890,337
44$6,058,620$4,717,759$4,373,817$6,424,595
45$6,648,140$4,920,469$4,491,881$7,011,173
46$7,296,894$5,132,217$4,613,003$7,655,334
47$8,010,897$5,353,415$4,737,258$8,362,876
48$8,796,774$5,584,498$4,864,722$9,140,183
49$9,661,827$5,825,920$4,995,472$9,994,290
50$10,614,101$6,078,157$5,129,587$10,932,947
51$11,662,459$6,341,707$5,267,149$11,964,688
52$12,816,670$6,617,091$5,408,238$13,098,918
53$14,087,497$6,904,855$5,552,941$14,345,995
54$15,486,799$7,205,570$5,701,342$15,717,334
55$17,027,645$7,519,836$5,853,529$17,225,505
56$18,724,435$7,848,278$6,009,593$18,884,363
57$20,593,036$8,191,552$6,169,623$20,709,168
58$22,650,935$8,550,347$6,333,714$22,716,733
59$24,917,397$8,925,381$6,501,960$24,925,583
60$27,413,654$9,317,407$6,674,458$27,356,129
61$30,163,102$9,727,215$6,851,308$30,030,856
62$33,191,521$10,155,632$7,032,610$32,974,542
63$36,527,321$10,603,522$7,218,466$36,214,485
64$40,201,805$11,071,792$7,408,982$39,780,763
65$44,249,470$11,561,391$7,604,265$43,706,517
66$48,708,331$12,073,314$7,804,422$48,028,262
67$53,620,275$12,608,601$8,009,565$52,786,234
68$59,031,465$13,168,344$8,219,807$58,024,765
69$64,992,766$13,753,685$8,435,262$63,792,703
70$71,560,233$14,365,820$8,656,049$70,143,875
71$78,795,635$15,006,003$8,882,284$77,137,587
72$86,767,040$15,675,548$9,114,091$84,839,192
73$95,549,457$16,375,829$9,351,593$93,320,699
74$105,225,545$17,108,288$9,594,914$102,661,456
75$115,886,390$17,874,433$9,844,183$112,948,896
76$127,632,368$18,675,846$10,099,529$124,279,363
77$140,574,091$19,514,184$10,361,085$136,759,018
78$154,833,451$20,391,182$10,628,984$150,504,844
79$170,544,771$21,308,659$10,903,363$165,645,746
80$187,856,073$22,268,518$11,184,361$182,323,768
81$206,930,473$23,272,756$11,472,118$200,695,432
82$227,947,724$24,323,464$11,766,777$220,933,217
83$251,105,911$25,422,832$12,068,482$243,227,184
84$276,623,319$26,573,156$12,377,382$267,786,766
85$304,740,498$27,776,841$12,693,624$294,842,751
86$335,722,529$29,036,407$13,017,362$324,649,454
87$369,861,531$30,354,495$13,348,747$357,487,115
88$407,479,413$31,733,871$13,687,935$393,664,550
89$448,930,917$33,177,434$14,035,085$433,522,057
90$494,606,965$34,688,223$14,390,355$477,434,633
91$544,938,351$36,269,422$14,753,908$525,815,508
92$600,399,805$37,924,365$15,125,905$579,120,047
93$661,514,475$39,656,550$15,506,514$637,850,047
94$728,858,870$41,469,639$15,895,900$702,558,472
95$803,068,295$43,367,472$16,294,234$773,854,669
96$884,842,856$45,354,072$16,701,685$852,410,122
97$974,954,061$47,433,656$17,118,425$938,964,787
98$1,074,252,112$49,610,642$17,544,630$1,034,334,077
99$1,183,673,926$51,889,662$17,980,473$1,139,416,555
100$1,304,251,980$54,275,569$18,426,132$1,255,202,419