Can I retire at age 40 with 4,000,000?

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 $4,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$330,316$327,374$324,503$321,702$318,966$313,940
2 years$163,523$160,477$157,526$154,664$151,888$146,838
3 years$107,932$104,874$101,930$99,095$96,364$91,447
4 years$80,143$77,093$74,179$71,392$68,728$63,981
5 years$63,473$60,442$57,566$54,836$52,246$47,683
6 years$52,364$49,356$46,522$43,853$41,340$36,967
7 years$44,431$41,449$38,660$36,054$33,621$29,438
8 years$38,485$35,529$32,787$30,245$27,892$23,899
9 years$33,863$30,935$28,239$25,762$23,489$19,684
10 years$30,167$27,267$24,619$22,207$20,014$16,394
11 years$27,145$24,274$21,675$19,327$17,212$13,774
12 years$24,628$21,787$19,236$16,952$14,916$11,654
13 years$22,501$19,689$17,186$14,966$13,007$9,917
14 years$20,678$17,897$15,441$13,285$11,402$8,479
15 years$19,101$16,349$13,942$11,848$10,039$7,278
16 years$17,722$15,000$12,640$10,609$8,873$6,268
17 years$16,506$13,815$11,502$9,532$7,867$5,413
18 years$15,426$12,765$10,500$8,590$6,995$4,686
19 years$14,462$11,831$9,612$7,762$6,235$4,064
20 years$13,595$10,994$8,821$7,030$5,569$3,531
21 years$12,811$10,240$8,114$6,380$4,984$3,073
22 years$12,100$9,559$7,478$5,801$4,467$2,677
23 years$11,451$8,940$6,905$5,283$4,010$2,335
24 years$10,858$8,376$6,386$4,818$3,604$2,038
25 years$10,313$7,861$5,915$4,400$3,243$1,781
26 years$9,810$7,388$5,486$4,024$2,921$1,557
27 years$9,346$6,953$5,094$3,683$2,634$1,362
28 years$8,915$6,552$4,735$3,374$2,377$1,193
29 years$8,515$6,181$4,407$3,094$2,146$1,045
30 years$8,142$5,837$4,105$2,840$1,939$915
31 years$7,794$5,518$3,827$2,608$1,753$802
32 years$7,469$5,221$3,570$2,397$1,586$703
33 years$7,163$4,945$3,334$2,204$1,435$617
34 years$6,877$4,686$3,115$2,028$1,299$541
35 years$6,607$4,445$2,912$1,867$1,177$475
36 years$6,353$4,219$2,724$1,719$1,066$417
37 years$6,113$4,007$2,550$1,584$966$366
38 years$5,886$3,808$2,388$1,460$876$321
39 years$5,672$3,621$2,237$1,346$795$282
40 years$5,469$3,445$2,097$1,242$721$247
41 years$5,276$3,279$1,966$1,146$654$217
42 years$5,093$3,123$1,844$1,057$593$191
43 years$4,918$2,976$1,731$976$538$168
44 years$4,753$2,837$1,624$901$489$147
45 years$4,595$2,705$1,525$832$444$129
46 years$4,444$2,580$1,433$769$403$114
47 years$4,300$2,462$1,346$710$366$100
48 years$4,163$2,351$1,265$656$332$88
49 years$4,031$2,245$1,189$607$302$77
50 years$3,905$2,144$1,118$561$274$68

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $4,000,000, adding $2,488 every year, while hoping to spend $34,469 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: 82/11/7 Blend
39$4,000,000$4,000,000$4,000,000$4,000,000
40$4,410,566$4,198,566$4,136,566$4,769,062
41$4,823,769$4,367,621$4,238,467$5,172,914
42$5,277,964$4,543,805$4,342,625$5,611,313
43$5,777,295$4,727,430$4,449,082$6,091,527
44$6,326,328$4,918,823$4,557,875$6,617,723
45$6,930,094$5,118,326$4,669,045$7,194,490
46$7,594,138$5,326,298$4,782,631$7,826,881
47$8,324,564$5,543,111$4,898,674$8,520,460
48$9,128,102$5,769,156$5,017,212$9,281,355
49$10,012,166$6,004,842$5,138,287$10,116,317
50$10,984,924$6,250,596$5,261,936$11,032,778
51$12,055,376$6,506,865$5,388,201$12,038,926
52$13,233,439$6,774,116$5,517,120$13,143,780
53$14,530,039$7,052,837$5,648,733$14,357,271
54$15,957,216$7,343,540$5,783,078$15,690,342
55$17,528,237$7,646,757$5,920,196$17,155,045
56$19,257,718$7,963,049$6,060,123$18,764,656
57$21,161,766$8,293,000$6,202,899$20,533,801
58$23,258,130$8,637,221$6,348,560$22,478,590
59$25,566,366$8,996,352$6,497,143$24,616,773
60$28,108,023$9,371,061$6,648,685$26,967,901
61$30,906,847$9,762,048$6,803,221$29,553,516
62$33,989,002$10,170,045$6,960,786$32,397,349
63$37,383,322$10,595,818$7,121,414$35,525,545
64$41,121,576$11,040,169$7,285,137$38,966,908
65$45,238,775$11,503,935$7,451,987$42,753,174
66$49,773,496$11,987,994$7,621,994$46,919,306
67$54,768,250$12,493,263$7,795,189$51,503,828
68$60,269,882$13,020,704$7,971,598$56,549,182
69$66,330,011$13,571,319$8,151,248$62,102,134
70$73,005,520$14,146,162$8,334,163$68,214,206
71$80,359,091$14,746,332$8,520,365$74,942,172
72$88,459,798$15,372,981$8,709,877$82,348,581
73$97,383,755$16,027,315$8,902,715$90,502,356
74$107,214,839$16,710,594$9,098,897$99,479,438
75$118,045,478$17,424,140$9,298,436$109,363,502
76$129,977,527$18,169,332$9,501,343$120,246,749
77$143,123,224$18,947,619$9,707,628$132,230,769
78$157,606,254$19,760,513$9,917,294$145,427,505
79$173,562,913$20,609,600$10,130,345$159,960,302
80$191,143,397$21,496,538$10,346,779$175,965,076
81$210,513,219$22,423,063$10,566,591$193,591,589
82$231,854,768$23,390,994$10,789,772$213,004,867
83$255,369,035$24,402,233$11,016,310$234,386,751
84$281,277,507$25,458,773$11,246,187$257,937,616
85$309,824,259$26,562,699$11,479,381$283,878,256
86$341,278,258$27,716,196$11,715,865$312,451,972
87$375,935,901$28,921,550$11,955,607$343,926,860
88$414,123,812$30,181,155$12,198,569$378,598,346
89$456,201,927$31,497,518$12,444,707$416,791,970
90$502,566,890$32,873,263$12,693,972$458,866,453
91$553,655,800$34,311,140$12,946,306$505,217,090
92$609,950,331$35,814,025$13,201,647$556,279,468
93$671,981,286$37,384,934$13,459,924$612,533,586
94$740,333,604$39,027,022$13,721,057$674,508,376
95$815,651,879$40,743,594$13,984,961$742,786,696
96$898,646,453$42,538,112$14,251,539$818,010,831
97$990,100,113$44,414,201$14,520,688$900,888,551
98$1,090,875,485$46,375,658$14,792,291$992,199,790
99$1,201,923,178$48,426,459$15,066,227$1,092,804,005
100$1,324,290,755$50,570,768$15,342,358$1,203,648,289