Can I retire at age 40 with 3,900,000?

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$322,058$319,190$316,391$313,659$310,991$304,091
2 years$159,435$156,466$153,588$150,798$148,091$141,175
3 years$105,234$102,252$99,381$96,617$93,955$87,239
4 years$78,139$75,166$72,324$69,607$67,010$60,546
5 years$61,886$58,931$56,127$53,465$50,940$44,746
6 years$51,055$48,122$45,359$42,757$40,307$34,389
7 years$43,321$40,412$37,693$35,153$32,780$27,141
8 years$37,523$34,641$31,967$29,489$27,194$21,830
9 years$33,016$30,161$27,533$25,118$22,902$17,809
10 years$29,412$26,586$24,004$21,652$19,513$14,687
11 years$26,466$23,668$21,133$18,843$16,782$12,216
12 years$24,013$21,243$18,755$16,528$14,543$10,230
13 years$21,938$19,197$16,756$14,592$12,682$8,613
14 years$20,161$17,450$15,055$12,953$11,117$7,285
15 years$18,623$15,941$13,593$11,552$9,788$6,185
16 years$17,278$14,625$12,324$10,343$8,651$5,266
17 years$16,093$13,469$11,214$9,294$7,670$4,496
18 years$15,041$12,446$10,237$8,375$6,820$3,847
19 years$14,100$11,535$9,372$7,568$6,079$3,297
20 years$13,255$10,719$8,601$6,854$5,430$2,831
21 years$12,491$9,984$7,911$6,221$4,859$2,433
22 years$11,797$9,320$7,291$5,656$4,355$2,094
23 years$11,165$8,717$6,732$5,151$3,910$1,804
24 years$10,586$8,167$6,226$4,698$3,514$1,555
25 years$10,055$7,664$5,767$4,290$3,162$1,342
26 years$9,565$7,203$5,348$3,923$2,848$1,158
27 years$9,112$6,779$4,966$3,591$2,568$1,000
28 years$8,692$6,388$4,617$3,290$2,317$864
29 years$8,302$6,026$4,296$3,017$2,092$747
30 years$7,939$5,691$4,002$2,769$1,891$646
31 years$7,599$5,380$3,731$2,543$1,709$559
32 years$7,282$5,091$3,481$2,337$1,546$484
33 years$6,984$4,821$3,250$2,149$1,399$418
34 years$6,705$4,569$3,037$1,977$1,267$362
35 years$6,442$4,334$2,839$1,820$1,147$313
36 years$6,194$4,113$2,656$1,676$1,040$271
37 years$5,960$3,907$2,486$1,545$942$235
38 years$5,739$3,713$2,328$1,424$854$204
39 years$5,530$3,531$2,181$1,313$775$176
40 years$5,332$3,359$2,044$1,211$703$153
41 years$5,144$3,197$1,917$1,117$637$132
42 years$4,965$3,045$1,798$1,031$578$115
43 years$4,795$2,901$1,687$952$525$99
44 years$4,634$2,766$1,584$879$477$86
45 years$4,480$2,637$1,487$812$433$74
46 years$4,333$2,516$1,397$750$393$65
47 years$4,193$2,401$1,312$693$357$56
48 years$4,059$2,292$1,233$640$324$48
49 years$3,930$2,189$1,159$591$294$42
50 years$3,808$2,091$1,090$547$267$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $3,900,000, adding $6,411 every year, while hoping to spend $41,944 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: 40/40/20 Blend
39$3,900,000$3,900,000$3,900,000$3,900,000
40$4,304,413$4,097,713$4,037,263$4,450,844
41$4,698,835$4,253,873$4,127,883$4,712,399
42$5,132,082$4,416,279$4,220,133$4,990,683
43$5,608,071$4,585,192$4,314,024$5,290,879
44$6,131,114$4,760,887$4,409,564$5,615,007
45$6,705,965$4,943,648$4,506,762$5,965,282
46$7,337,860$5,133,773$4,605,624$6,344,139
47$8,032,566$5,331,572$4,706,157$6,754,252
48$8,796,439$5,537,370$4,808,365$7,198,560
49$9,636,480$5,751,506$4,912,249$7,680,292
50$10,560,404$5,974,332$5,017,812$8,202,996
51$11,576,709$6,206,219$5,125,053$8,770,575
52$12,694,761$6,447,551$5,233,970$9,387,317
53$13,924,877$6,698,731$5,344,558$10,057,938
54$15,278,425$6,960,180$5,456,811$10,787,625
55$16,767,931$7,232,335$5,570,721$11,582,082
56$18,407,196$7,515,656$5,686,277$12,447,583
57$20,211,428$7,810,621$5,803,465$13,391,029
58$22,197,383$8,117,730$5,922,270$14,420,013
59$24,383,523$8,437,506$6,042,673$15,542,888
60$26,790,193$8,770,495$6,164,653$16,768,848
61$29,439,808$9,117,265$6,288,186$18,108,008
62$32,357,071$9,478,413$6,413,242$19,571,500
63$35,569,198$9,854,562$6,539,792$21,171,576
64$39,106,181$10,246,360$6,667,799$22,921,723
65$43,001,068$10,654,487$6,797,226$24,836,784
66$47,290,273$11,079,654$6,928,030$26,933,101
67$52,013,925$11,522,601$7,060,163$29,228,664
68$57,216,241$11,984,104$7,193,574$31,743,279
69$62,945,945$12,464,973$7,328,207$34,498,752
70$69,256,729$12,966,054$7,463,999$37,519,092
71$76,207,758$13,488,233$7,600,885$40,830,738
72$83,864,226$14,032,434$7,738,792$44,462,801
73$92,297,978$14,599,624$7,877,643$48,447,338
74$101,588,180$15,190,813$8,017,352$52,819,655
75$111,822,071$15,807,059$8,157,829$57,618,630
76$123,095,783$16,449,466$8,298,978$62,887,082
77$135,515,251$17,119,188$8,440,692$68,672,171
78$149,197,212$17,817,434$8,582,860$75,025,837
79$164,270,304$18,545,464$8,725,362$82,005,290
80$180,876,283$19,304,600$8,868,070$89,673,543
81$199,171,359$20,096,221$9,010,846$98,100,005
82$219,327,673$20,921,771$9,153,544$107,361,131
83$241,534,918$21,782,760$9,296,010$117,541,139
84$266,002,129$22,680,765$9,438,076$128,732,801
85$292,959,662$23,617,438$9,579,567$141,038,314
86$322,661,360$24,594,505$9,720,295$154,570,257
87$355,386,956$25,613,773$9,860,062$169,452,655
88$391,444,708$26,677,130$9,998,657$185,822,137
89$431,174,311$27,786,552$10,135,855$203,829,224
90$474,950,105$28,944,107$10,271,420$223,639,744
91$523,184,604$30,151,957$10,405,101$245,436,387
92$576,332,393$31,412,363$10,536,632$269,420,432
93$634,894,421$32,727,692$10,665,732$295,813,630
94$699,422,724$34,100,421$10,792,106$324,860,297
95$770,525,639$35,533,139$10,915,439$356,829,611
96$848,873,547$37,028,556$11,035,400$392,018,146
97$935,205,203$38,589,510$11,151,640$430,752,662
98$1,030,334,705$40,218,966$11,263,790$473,393,183
99$1,135,159,180$41,920,031$11,371,463$520,336,387
100$1,250,667,257$43,695,954$11,474,248$572,019,341