Can I retire at age 40 with 4,100,000?

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$338,574$335,558$332,616$329,744$326,940$320,601
2 years$167,611$164,489$161,464$158,531$155,686$149,325
3 years$110,631$107,496$104,478$101,572$98,773$92,589
4 years$82,146$79,021$76,033$73,177$70,446$64,486
5 years$65,060$61,953$59,005$56,207$53,552$47,833
6 years$53,673$50,589$47,685$44,949$42,374$36,903
7 years$45,542$42,485$39,626$36,955$34,461$29,239
8 years$39,447$36,417$33,606$31,001$28,589$23,614
9 years$34,709$31,708$28,945$26,406$24,076$19,346
10 years$30,921$27,949$25,235$22,762$20,514$16,023
11 years$27,823$24,881$22,216$19,810$17,643$13,386
12 years$25,244$22,332$19,716$17,376$15,289$11,261
13 years$23,063$20,182$17,615$15,340$13,332$9,526
14 years$21,195$18,345$15,827$13,617$11,687$8,095
15 years$19,578$16,758$14,290$12,144$10,290$6,906
16 years$18,165$15,375$12,956$10,874$9,094$5,910
17 years$16,918$14,160$11,790$9,770$8,064$5,071
18 years$15,812$13,085$10,762$8,805$7,170$4,361
19 years$14,823$12,127$9,852$7,956$6,391$3,757
20 years$13,935$11,269$9,042$7,206$5,708$3,243
21 years$13,132$10,496$8,317$6,540$5,108$2,802
22 years$12,402$9,798$7,665$5,946$4,579$2,425
23 years$11,738$9,164$7,078$5,415$4,110$2,100
24 years$11,129$8,586$6,546$4,939$3,694$1,821
25 years$10,570$8,057$6,062$4,510$3,324$1,579
26 years$10,055$7,573$5,623$4,124$2,994$1,371
27 years$9,579$7,127$5,221$3,775$2,700$1,191
28 years$9,138$6,716$4,854$3,459$2,436$1,035
29 years$8,728$6,335$4,517$3,172$2,200$900
30 years$8,346$5,983$4,207$2,911$1,988$783
31 years$7,989$5,656$3,922$2,673$1,797$681
32 years$7,655$5,352$3,660$2,457$1,625$592
33 years$7,342$5,068$3,417$2,259$1,471$516
34 years$7,049$4,803$3,193$2,079$1,332$449
35 years$6,772$4,556$2,985$1,914$1,206$391
36 years$6,512$4,324$2,792$1,762$1,093$341
37 years$6,266$4,107$2,614$1,624$991$297
38 years$6,034$3,903$2,447$1,497$898$258
39 years$5,814$3,712$2,293$1,380$814$225
40 years$5,605$3,531$2,149$1,273$739$196
41 years$5,408$3,361$2,015$1,174$670$171
42 years$5,220$3,201$1,890$1,084$608$149
43 years$5,041$3,050$1,774$1,000$552$130
44 years$4,871$2,907$1,665$924$501$113
45 years$4,709$2,773$1,563$853$455$99
46 years$4,555$2,645$1,468$788$413$86
47 years$4,408$2,524$1,380$728$375$75
48 years$4,267$2,410$1,296$673$341$65
49 years$4,132$2,301$1,219$622$309$57
50 years$4,003$2,198$1,146$575$281$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $4,100,000, adding $2,741 every year, while hoping to spend $50,916 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: 36/49/15 Blend
39$4,100,000$4,100,000$4,100,000$4,100,000
40$4,521,027$4,303,727$4,240,177$4,662,888
41$4,927,998$4,460,436$4,328,049$4,922,262
42$5,374,773$4,623,116$4,417,158$5,197,052
43$5,865,359$4,792,008$4,507,492$5,492,609
44$6,404,169$4,967,360$4,599,036$5,810,810
45$6,996,064$5,149,431$4,691,774$6,153,713
46$7,646,402$5,338,492$4,785,687$6,523,580
47$8,361,080$5,534,824$4,880,754$6,922,892
48$9,146,601$5,738,720$4,976,949$7,354,377
49$10,010,124$5,950,488$5,074,247$7,821,027
50$10,959,540$6,170,445$5,172,618$8,326,133
51$12,003,540$6,398,924$5,272,027$8,873,309
52$13,151,702$6,636,271$5,372,440$9,466,526
53$14,414,575$6,882,848$5,473,817$10,110,150
54$15,803,786$7,139,031$5,576,114$10,808,980
55$17,332,142$7,405,214$5,679,284$11,568,291
56$19,013,756$7,681,805$5,783,275$12,393,886
57$20,864,177$7,969,232$5,888,033$13,292,145
58$22,900,539$8,267,940$5,993,498$14,270,083
59$25,141,718$8,578,393$6,099,604$15,335,419
60$27,608,515$8,901,076$6,206,283$16,496,643
61$30,323,849$9,236,495$6,313,459$17,763,096
62$33,312,975$9,585,176$6,421,053$19,145,055
63$36,603,717$9,947,669$6,528,977$20,653,830
64$40,226,740$10,324,548$6,637,141$22,301,865
65$44,215,828$10,716,411$6,745,446$24,102,857
66$48,608,211$11,123,884$6,853,787$26,071,880
67$53,444,912$11,547,617$6,962,052$28,225,527
68$58,771,134$11,988,292$7,070,122$30,582,061
69$64,636,688$12,446,616$7,177,870$33,161,590
70$71,096,462$12,923,332$7,285,160$35,986,249
71$78,210,938$13,419,213$7,391,850$39,080,407
72$86,046,764$13,935,064$7,497,787$42,470,896
73$94,677,381$14,471,729$7,602,810$46,187,260
74$104,183,716$15,030,087$7,706,747$50,262,030
75$114,654,950$15,611,055$7,809,417$54,731,030
76$126,189,350$16,215,593$7,910,628$59,633,709
77$138,895,207$16,844,700$8,010,177$65,013,508
78$152,891,849$17,499,421$8,107,849$70,918,274
79$168,310,773$18,180,848$8,203,417$77,400,698
80$185,296,881$18,890,119$8,296,642$84,518,816
81$204,009,853$19,628,425$8,387,269$92,336,548
82$224,625,647$20,397,007$8,475,031$100,924,299
83$247,338,166$21,197,163$8,559,648$110,359,615
84$272,361,085$22,030,250$8,640,821$120,727,919
85$299,929,865$22,897,681$8,718,239$132,123,302
86$330,303,981$23,800,938$8,791,570$144,649,411
87$363,769,367$24,741,564$8,860,467$158,420,424
88$400,641,116$25,721,174$8,924,566$173,562,118
89$441,266,452$26,741,453$8,983,481$190,213,050
90$486,028,010$27,804,165$9,036,808$208,525,864
91$535,347,447$28,911,149$9,084,122$228,668,720
92$589,689,422$30,064,330$9,124,974$250,826,877
93$649,565,978$31,265,718$9,158,896$275,204,434
94$715,541,383$32,517,413$9,185,394$302,026,251
95$788,237,448$33,821,611$9,203,950$331,540,062
96$868,339,404$35,180,606$9,214,018$364,018,807
97$956,602,365$36,596,796$9,215,029$399,763,199
98$1,053,858,455$38,072,689$9,206,382$439,104,556
99$1,161,024,671$39,610,904$9,187,449$482,407,917
100$1,279,111,529$41,214,180$9,157,570$530,075,481