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%11%
1 years$338,574$335,558$332,616$329,744$326,940$325,562
2 years$167,611$164,489$161,464$158,531$155,686$154,295
3 years$110,631$107,496$104,478$101,572$98,773$97,412
4 years$82,146$79,021$76,033$73,177$70,446$69,125
5 years$65,060$61,953$59,005$56,207$53,552$52,276
6 years$53,673$50,589$47,685$44,949$42,374$41,143
7 years$45,542$42,485$39,626$36,955$34,461$33,277
8 years$39,447$36,417$33,606$31,001$28,589$27,452
9 years$34,709$31,708$28,945$26,406$24,076$22,985
10 years$30,921$27,949$25,235$22,762$20,514$19,469
11 years$27,823$24,881$22,216$19,810$17,643$16,643
12 years$25,244$22,332$19,716$17,376$15,289$14,334
13 years$23,063$20,182$17,615$15,340$13,332$12,421
14 years$21,195$18,345$15,827$13,617$11,687$10,818
15 years$19,578$16,758$14,290$12,144$10,290$9,463
16 years$18,165$15,375$12,956$10,874$9,094$8,307
17 years$16,918$14,160$11,790$9,770$8,064$7,316
18 years$15,812$13,085$10,762$8,805$7,170$6,460
19 years$14,823$12,127$9,852$7,956$6,391$5,718
20 years$13,935$11,269$9,042$7,206$5,708$5,071
21 years$13,132$10,496$8,317$6,540$5,108$4,505
22 years$12,402$9,798$7,665$5,946$4,579$4,009
23 years$11,738$9,164$7,078$5,415$4,110$3,572
24 years$11,129$8,586$6,546$4,939$3,694$3,186
25 years$10,570$8,057$6,062$4,510$3,324$2,845
26 years$10,055$7,573$5,623$4,124$2,994$2,543
27 years$9,579$7,127$5,221$3,775$2,700$2,275
28 years$9,138$6,716$4,854$3,459$2,436$2,037
29 years$8,728$6,335$4,517$3,172$2,200$1,825
30 years$8,346$5,983$4,207$2,911$1,988$1,636
31 years$7,989$5,656$3,922$2,673$1,797$1,467
32 years$7,655$5,352$3,660$2,457$1,625$1,316
33 years$7,342$5,068$3,417$2,259$1,471$1,182
34 years$7,049$4,803$3,193$2,079$1,332$1,061
35 years$6,772$4,556$2,985$1,914$1,206$953
36 years$6,512$4,324$2,792$1,762$1,093$856
37 years$6,266$4,107$2,614$1,624$991$770
38 years$6,034$3,903$2,447$1,497$898$692
39 years$5,814$3,712$2,293$1,380$814$622
40 years$5,605$3,531$2,149$1,273$739$560
41 years$5,408$3,361$2,015$1,174$670$503
42 years$5,220$3,201$1,890$1,084$608$453
43 years$5,041$3,050$1,774$1,000$552$407
44 years$4,871$2,907$1,665$924$501$367
45 years$4,709$2,773$1,563$853$455$330
46 years$4,555$2,645$1,468$788$413$297
47 years$4,408$2,524$1,380$728$375$267
48 years$4,267$2,410$1,296$673$341$241
49 years$4,132$2,301$1,219$622$309$217
50 years$4,003$2,198$1,146$575$281$195

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 $5,424 every year, while hoping to spend $41,444 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: 63/32/5 Blend
39$4,100,000$4,100,000$4,100,000$4,100,000
40$4,523,795$4,306,495$4,242,945$4,805,092
41$4,941,126$4,473,417$4,340,987$5,159,982
42$5,399,636$4,647,129$4,440,925$5,541,896
43$5,903,480$4,827,921$4,542,778$5,957,764
44$6,457,240$5,016,093$4,646,566$6,410,866
45$7,065,958$5,211,961$4,752,305$6,904,813
46$7,735,193$5,415,855$4,860,015$7,443,573
47$8,471,068$5,628,117$4,969,711$8,031,514
48$9,280,329$5,849,107$5,081,408$8,673,442
49$10,170,408$6,079,199$5,195,121$9,374,644
50$11,149,496$6,318,786$5,310,864$10,140,936
51$12,226,615$6,568,276$5,428,648$10,978,721
52$13,411,705$6,828,097$5,548,483$11,895,046
53$14,715,721$7,098,696$5,670,379$12,897,665
54$16,150,731$7,380,539$5,794,344$13,995,115
55$17,730,033$7,674,113$5,920,382$15,196,791
56$19,468,280$7,979,928$6,048,499$16,513,038
57$21,381,617$8,298,517$6,178,695$17,955,243
58$23,487,832$8,630,434$6,310,972$19,535,943
59$25,806,528$8,976,262$6,445,326$21,268,944
60$28,359,303$9,336,609$6,581,754$23,169,442
61$31,169,957$9,712,108$6,720,248$25,254,176
62$34,264,716$10,103,424$6,860,799$27,541,574
63$37,672,475$10,511,250$7,003,394$30,051,930
64$41,425,078$10,936,312$7,148,018$32,807,594
65$45,557,612$11,379,367$7,294,653$35,833,181
66$50,108,740$11,841,208$7,443,275$39,155,796
67$55,121,067$12,322,662$7,593,861$42,805,297
68$60,641,541$12,824,598$7,746,380$46,814,566
69$66,721,893$13,347,918$7,900,799$51,219,821
70$73,419,132$13,893,572$8,057,081$56,060,957
71$80,796,074$14,462,548$8,215,184$61,381,915
72$88,921,942$15,055,881$8,375,062$67,231,100
73$97,873,017$15,674,655$8,536,662$73,661,830
74$107,733,353$16,320,002$8,699,929$80,732,840
75$118,595,578$16,993,106$8,864,800$88,508,831
76$130,561,763$17,695,204$9,031,207$97,061,079
77$143,744,386$18,427,592$9,199,076$106,468,106
78$158,267,395$19,191,625$9,368,326$116,816,412
79$174,267,374$19,988,720$9,538,869$128,201,297
80$191,894,837$20,820,358$9,710,613$140,727,747
81$211,315,646$21,688,091$9,883,454$154,511,430
82$232,712,574$22,593,540$10,057,282$169,679,777
83$256,287,036$23,538,402$10,231,980$186,373,186
84$282,260,982$24,524,453$10,407,420$204,746,338
85$310,879,000$25,553,549$10,583,466$224,969,657
86$342,410,619$26,627,633$10,759,973$247,230,913
87$377,152,855$27,748,740$10,936,785$271,736,985
88$415,433,013$28,918,996$11,113,735$298,715,815
89$457,611,781$30,140,627$11,290,645$328,418,553
90$504,086,629$31,415,964$11,467,327$361,121,917
91$555,295,561$32,747,442$11,643,579$397,130,808
92$611,721,256$34,137,615$11,819,187$436,781,173
93$673,895,617$35,589,150$11,993,922$480,443,176
94$742,404,794$37,104,843$12,167,543$528,524,686
95$817,894,719$38,687,617$12,339,792$581,475,115
96$901,077,204$40,340,533$12,510,398$639,789,658
97$992,736,654$42,066,794$12,679,071$704,013,960
98$1,093,737,479$43,869,754$12,845,507$774,749,255
99$1,205,032,252$45,752,922$13,009,382$852,658,038
100$1,327,670,699$47,719,972$13,170,353$938,470,309