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

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 $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%17.5%
1 years$330,316$327,374$324,503$321,702$318,966$309,251
2 years$163,523$160,477$157,526$154,664$151,888$142,184
3 years$107,932$104,874$101,930$99,095$96,364$86,975
4 years$80,143$77,093$74,179$71,392$68,728$59,726
5 years$63,473$60,442$57,566$54,836$52,246$43,655
6 years$52,364$49,356$46,522$43,853$41,340$33,168
7 years$44,431$41,449$38,660$36,054$33,621$25,867
8 years$38,485$35,529$32,787$30,245$27,892$20,552
9 years$33,863$30,935$28,239$25,762$23,489$16,554
10 years$30,167$27,267$24,619$22,207$20,014$13,475
11 years$27,145$24,274$21,675$19,327$17,212$11,058
12 years$24,628$21,787$19,236$16,952$14,916$9,133
13 years$22,501$19,689$17,186$14,966$13,007$7,582
14 years$20,678$17,897$15,441$13,285$11,402$6,321
15 years$19,101$16,349$13,942$11,848$10,039$5,288
16 years$17,722$15,000$12,640$10,609$8,873$4,436
17 years$16,506$13,815$11,502$9,532$7,867$3,729
18 years$15,426$12,765$10,500$8,590$6,995$3,142
19 years$14,462$11,831$9,612$7,762$6,235$2,651
20 years$13,595$10,994$8,821$7,030$5,569$2,240
21 years$12,811$10,240$8,114$6,380$4,984$1,895
22 years$12,100$9,559$7,478$5,801$4,467$1,604
23 years$11,451$8,940$6,905$5,283$4,010$1,359
24 years$10,858$8,376$6,386$4,818$3,604$1,152
25 years$10,313$7,861$5,915$4,400$3,243$978
26 years$9,810$7,388$5,486$4,024$2,921$830
27 years$9,346$6,953$5,094$3,683$2,634$705
28 years$8,915$6,552$4,735$3,374$2,377$599
29 years$8,515$6,181$4,407$3,094$2,146$509
30 years$8,142$5,837$4,105$2,840$1,939$432
31 years$7,794$5,518$3,827$2,608$1,753$367
32 years$7,469$5,221$3,570$2,397$1,586$312
33 years$7,163$4,945$3,334$2,204$1,435$266
34 years$6,877$4,686$3,115$2,028$1,299$226
35 years$6,607$4,445$2,912$1,867$1,177$192
36 years$6,353$4,219$2,724$1,719$1,066$163
37 years$6,113$4,007$2,550$1,584$966$139
38 years$5,886$3,808$2,388$1,460$876$118
39 years$5,672$3,621$2,237$1,346$795$101
40 years$5,469$3,445$2,097$1,242$721$86
41 years$5,276$3,279$1,966$1,146$654$73
42 years$5,093$3,123$1,844$1,057$593$62
43 years$4,918$2,976$1,731$976$538$53
44 years$4,753$2,837$1,624$901$489$45
45 years$4,595$2,705$1,525$832$444$38
46 years$4,444$2,580$1,433$769$403$32
47 years$4,300$2,462$1,346$710$366$28
48 years$4,163$2,351$1,265$656$332$24
49 years$4,031$2,245$1,189$607$302$20
50 years$3,905$2,144$1,118$561$274$17

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 $2,865 every year, while hoping to spend $55,369 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: 65/11/24 Blend
39$4,000,000$4,000,000$4,000,000$4,000,000
40$4,410,955$4,198,955$4,136,955$4,669,979
41$4,801,960$4,345,792$4,216,631$4,991,695
42$5,230,993$4,497,968$4,297,120$5,336,683
43$5,701,872$4,655,686$4,378,392$5,712,484
44$6,218,806$4,819,158$4,460,411$6,122,129
45$6,786,431$4,988,604$4,543,142$6,568,954
46$7,409,853$5,164,251$4,626,543$7,056,633
47$8,094,697$5,346,338$4,710,571$7,589,213
48$8,847,159$5,535,112$4,795,179$8,171,149
49$9,674,067$5,730,831$4,880,315$8,807,348
50$10,582,942$5,933,761$4,965,925$9,503,215
51$11,582,068$6,144,182$5,051,950$10,264,703
52$12,680,575$6,362,382$5,138,326$11,098,368
53$13,888,519$6,588,665$5,224,986$12,011,433
54$15,216,982$6,823,343$5,311,856$13,011,852
55$16,678,170$7,066,742$5,398,859$14,108,388
56$18,285,534$7,319,204$5,485,912$15,310,696
57$20,053,895$7,581,081$5,572,926$16,629,409
58$21,999,580$7,852,742$5,659,807$18,076,244
59$24,140,581$8,134,571$5,746,455$19,664,106
60$26,496,722$8,426,966$5,832,762$21,407,215
61$29,089,843$8,730,343$5,918,616$23,321,236
62$31,944,012$9,045,134$6,003,894$25,423,429
63$35,085,747$9,371,792$6,088,470$27,732,809
64$38,544,267$9,710,784$6,172,208$30,270,326
65$42,351,770$10,062,599$6,254,964$33,059,065
66$46,543,731$10,427,747$6,336,587$36,124,458
67$51,159,243$10,806,758$6,416,913$39,494,529
68$56,241,381$11,200,184$6,495,775$43,200,154
69$61,837,609$11,608,601$6,572,991$47,275,354
70$68,000,230$12,032,608$6,648,371$51,757,616
71$74,786,878$12,472,829$6,721,715$56,688,244
72$82,261,057$12,929,916$6,792,811$62,112,752
73$90,492,750$13,404,546$6,861,435$68,081,289
74$99,559,068$13,897,427$6,927,351$74,649,116
75$109,544,987$14,409,295$6,990,311$81,877,123
76$120,544,143$14,940,918$7,050,054$89,832,405
77$132,659,718$15,493,095$7,106,303$98,588,898
78$146,005,414$16,066,662$7,158,769$108,228,069
79$160,706,525$16,662,487$7,207,147$118,839,693
80$176,901,119$17,281,477$7,251,114$130,522,692
81$194,741,341$17,924,577$7,290,334$143,386,074
82$214,394,849$18,592,772$7,324,452$157,549,959
83$236,046,397$19,287,091$7,353,094$173,146,712
84$259,899,575$20,008,605$7,375,869$190,322,193
85$286,178,736$20,758,431$7,392,365$209,237,132
86$315,131,108$21,537,734$7,402,149$230,068,645
87$347,029,128$22,347,731$7,404,769$253,011,910
88$382,173,019$23,189,689$7,399,748$278,282,003
89$420,893,614$24,064,931$7,386,587$306,115,931
90$463,555,487$24,974,837$7,364,762$336,774,866
91$510,560,388$25,920,846$7,333,723$370,546,615
92$562,351,040$26,904,460$7,292,895$407,748,329
93$619,415,314$27,927,246$7,241,675$448,729,502
94$682,290,834$28,990,839$7,179,429$493,875,268
95$751,570,055$30,096,946$7,105,496$543,610,035
96$827,905,851$31,247,347$7,019,181$598,401,491
97$912,017,682$32,443,901$6,919,757$658,765,019
98$1,004,698,380$33,688,547$6,806,464$725,268,562
99$1,106,821,639$34,983,310$6,678,504$798,537,983
100$1,219,350,257$36,330,303$6,535,045$879,262,972