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

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$338,574$335,558$332,616$329,744$326,940$316,728
2 years$167,611$164,489$161,464$158,531$155,686$145,488
3 years$110,631$107,496$104,478$101,572$98,773$88,910
4 years$82,146$79,021$76,033$73,177$70,446$60,993
5 years$65,060$61,953$59,005$56,207$53,552$44,534
6 years$53,673$50,589$47,685$44,949$42,374$33,799
7 years$45,542$42,485$39,626$36,955$34,461$26,329
8 years$39,447$36,417$33,606$31,001$28,589$20,894
9 years$34,709$31,708$28,945$26,406$24,076$16,810
10 years$30,921$27,949$25,235$22,762$20,514$13,666
11 years$27,823$24,881$22,216$19,810$17,643$11,200
12 years$25,244$22,332$19,716$17,376$15,289$9,238
13 years$23,063$20,182$17,615$15,340$13,332$7,659
14 years$21,195$18,345$15,827$13,617$11,687$6,376
15 years$19,578$16,758$14,290$12,144$10,290$5,326
16 years$18,165$15,375$12,956$10,874$9,094$4,462
17 years$16,918$14,160$11,790$9,770$8,064$3,746
18 years$15,812$13,085$10,762$8,805$7,170$3,151
19 years$14,823$12,127$9,852$7,956$6,391$2,655
20 years$13,935$11,269$9,042$7,206$5,708$2,239
21 years$13,132$10,496$8,317$6,540$5,108$1,891
22 years$12,402$9,798$7,665$5,946$4,579$1,599
23 years$11,738$9,164$7,078$5,415$4,110$1,353
24 years$11,129$8,586$6,546$4,939$3,694$1,145
25 years$10,570$8,057$6,062$4,510$3,324$970
26 years$10,055$7,573$5,623$4,124$2,994$822
27 years$9,579$7,127$5,221$3,775$2,700$697
28 years$9,138$6,716$4,854$3,459$2,436$591
29 years$8,728$6,335$4,517$3,172$2,200$501
30 years$8,346$5,983$4,207$2,911$1,988$425
31 years$7,989$5,656$3,922$2,673$1,797$361
32 years$7,655$5,352$3,660$2,457$1,625$306
33 years$7,342$5,068$3,417$2,259$1,471$260
34 years$7,049$4,803$3,193$2,079$1,332$221
35 years$6,772$4,556$2,985$1,914$1,206$187
36 years$6,512$4,324$2,792$1,762$1,093$159
37 years$6,266$4,107$2,614$1,624$991$135
38 years$6,034$3,903$2,447$1,497$898$115
39 years$5,814$3,712$2,293$1,380$814$98
40 years$5,605$3,531$2,149$1,273$739$83
41 years$5,408$3,361$2,015$1,174$670$70
42 years$5,220$3,201$1,890$1,084$608$60
43 years$5,041$3,050$1,774$1,000$552$51
44 years$4,871$2,907$1,665$924$501$43
45 years$4,709$2,773$1,563$853$455$37
46 years$4,555$2,645$1,468$788$413$31
47 years$4,408$2,524$1,380$728$375$26
48 years$4,267$2,410$1,296$673$341$22
49 years$4,132$2,301$1,219$622$309$19
50 years$4,003$2,198$1,146$575$281$16

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 $6,621 every year, while hoping to spend $57,514 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: 42/43/15 Blend
39$4,100,000$4,100,000$4,100,000$4,100,000
40$4,525,030$4,307,730$4,244,180$4,694,935
41$4,925,388$4,457,614$4,325,165$4,965,090
42$5,364,656$4,612,915$4,406,936$5,251,261
43$5,846,740$4,773,837$4,489,458$5,559,907
44$6,375,946$4,940,594$4,572,693$5,893,108
45$6,957,016$5,113,406$4,656,602$6,253,154
46$7,595,172$5,292,504$4,741,139$6,642,560
47$8,296,169$5,478,126$4,826,257$7,064,089
48$9,066,347$5,670,522$4,911,904$7,520,780
49$9,912,687$5,869,951$4,998,026$8,015,972
50$10,842,884$6,076,681$5,084,562$8,553,340
51$11,865,412$6,290,993$5,171,449$9,136,922
52$12,989,610$6,513,177$5,258,619$9,771,161
53$14,225,764$6,743,537$5,345,997$10,460,943
54$15,585,210$6,982,388$5,433,505$11,211,647
55$17,080,434$7,230,058$5,521,060$12,029,185
56$18,725,195$7,486,887$5,608,573$12,920,066
57$20,534,653$7,753,232$5,695,948$13,891,452
58$22,525,509$8,029,462$5,783,083$14,951,226
59$24,716,166$8,315,961$5,869,872$16,108,060
60$27,126,902$8,613,130$5,956,200$17,371,504
61$29,780,058$8,921,386$6,041,944$18,752,068
62$32,700,251$9,241,161$6,126,977$20,261,321
63$35,914,607$9,572,909$6,211,161$21,912,000
64$39,453,014$9,917,098$6,294,352$23,718,129
65$43,348,404$10,274,218$6,376,395$25,695,148
66$47,637,067$10,644,780$6,457,130$27,860,057
67$52,358,987$11,029,314$6,536,383$30,231,577
68$57,558,226$11,428,373$6,613,974$32,830,323
69$63,283,334$11,842,532$6,689,711$35,678,994
70$69,587,809$12,272,391$6,763,392$38,802,593
71$76,530,602$12,718,575$6,834,802$42,228,653
72$84,176,672$13,181,734$6,903,717$45,987,498
73$92,597,600$13,662,546$6,969,899$50,112,527
74$101,872,263$14,161,718$7,033,097$54,640,529
75$112,087,576$14,679,985$7,093,049$59,612,024
76$123,339,319$15,218,114$7,149,476$65,071,643
77$135,733,031$15,776,904$7,202,085$71,068,551
78$149,385,015$16,357,187$7,250,570$77,656,906
79$164,423,429$16,959,831$7,294,606$84,896,365
80$180,989,497$17,585,741$7,333,853$92,852,649
81$199,238,842$18,235,859$7,367,954$101,598,157
82$219,342,956$18,911,168$7,396,533$111,212,647
83$241,490,814$19,612,692$7,419,193$121,783,985
84$265,890,663$20,341,500$7,435,522$133,408,974
85$292,771,982$21,098,704$7,445,083$146,194,262
86$322,387,650$21,885,466$7,447,419$160,257,345
87$355,016,333$22,702,997$7,442,051$175,727,673
88$390,965,114$23,552,559$7,428,474$192,747,867
89$430,572,389$24,435,468$7,406,162$211,475,064
90$474,211,065$25,353,098$7,374,561$232,082,394
91$522,292,076$26,306,882$7,333,090$254,760,611
92$575,268,260$27,298,312$7,281,142$279,719,886
93$633,638,641$28,328,948$7,218,079$307,191,792
94$697,953,132$29,400,415$7,143,233$337,431,481
95$768,817,725$30,514,409$7,055,905$370,720,088
96$846,900,219$31,672,701$6,955,363$407,367,383
97$932,936,513$32,877,136$6,840,841$447,714,684
98$1,027,737,563$34,129,641$6,711,534$492,138,078
99$1,132,197,028$35,432,227$6,566,604$541,051,965
100$1,247,299,711$36,786,992$6,405,172$594,912,961