Can I retire at age 40 with 4,300,000?

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 $4,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$355,090$351,927$348,841$345,829$342,888$330,985
2 years$175,787$172,513$169,340$166,264$163,280$151,411
3 years$116,027$112,739$109,574$106,527$103,592$92,130
4 years$86,153$82,875$79,742$76,747$73,882$62,915
5 years$68,234$64,975$61,883$58,949$56,164$45,720
6 years$56,291$53,057$50,011$47,142$44,441$34,529
7 years$47,764$44,557$41,559$38,758$36,142$26,760
8 years$41,371$38,194$35,245$32,513$29,984$21,123
9 years$36,402$33,255$30,357$27,694$25,250$16,901
10 years$32,429$29,312$26,466$23,872$21,515$13,662
11 years$29,181$26,095$23,300$20,776$18,503$11,132
12 years$26,475$23,422$20,678$18,223$16,035$9,127
13 years$24,188$21,166$18,475$16,089$13,982$7,521
14 years$22,229$19,239$16,600$14,282$12,257$6,222
15 years$20,533$17,576$14,987$12,737$10,792$5,165
16 years$19,051$16,125$13,588$11,404$9,538$4,298
17 years$17,744$14,851$12,365$10,247$8,457$3,585
18 years$16,583$13,723$11,287$9,234$7,520$2,995
19 years$15,546$12,718$10,333$8,344$6,702$2,506
20 years$14,614$11,818$9,483$7,557$5,987$2,100
21 years$13,772$11,008$8,723$6,859$5,357$1,761
22 years$13,007$10,276$8,039$6,236$4,802$1,478
23 years$12,310$9,611$7,423$5,679$4,311$1,242
24 years$11,672$9,005$6,865$5,180$3,875$1,044
25 years$11,086$8,450$6,358$4,731$3,487$878
26 years$10,546$7,942$5,897$4,325$3,141$738
27 years$10,047$7,474$5,476$3,959$2,831$621
28 years$9,584$7,043$5,090$3,627$2,555$523
29 years$9,154$6,644$4,737$3,326$2,307$441
30 years$8,753$6,275$4,412$3,053$2,085$371
31 years$8,379$5,932$4,114$2,804$1,885$313
32 years$8,029$5,613$3,838$2,577$1,705$263
33 years$7,701$5,315$3,584$2,369$1,543$222
34 years$7,393$5,038$3,348$2,180$1,397$187
35 years$7,103$4,778$3,130$2,007$1,265$158
36 years$6,829$4,535$2,928$1,848$1,146$133
37 years$6,572$4,307$2,741$1,703$1,039$112
38 years$6,328$4,094$2,567$1,570$942$94
39 years$6,097$3,893$2,405$1,447$854$80
40 years$5,879$3,704$2,254$1,335$775$67
41 years$5,671$3,525$2,114$1,232$703$57
42 years$5,475$3,357$1,983$1,137$638$48
43 years$5,287$3,199$1,860$1,049$579$40
44 years$5,109$3,049$1,746$969$525$34
45 years$4,939$2,908$1,640$895$477$29
46 years$4,777$2,774$1,540$826$433$24
47 years$4,623$2,647$1,447$764$393$20
48 years$4,475$2,527$1,360$706$357$17
49 years$4,334$2,413$1,278$652$324$14
50 years$4,198$2,305$1,202$603$295$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $4,300,000, adding $3,404 every year, while hoping to spend $24,880 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: 59/16/25 Blend
39$4,300,000$4,300,000$4,300,000$4,300,000
40$4,742,111$4,514,211$4,447,561$4,989,761
41$5,199,334$4,708,935$4,570,082$5,353,668
42$5,702,361$4,912,367$4,695,874$5,747,435
43$6,255,835$5,124,907$4,825,020$6,176,400
44$6,864,877$5,346,974$4,957,605$6,643,983
45$7,535,126$5,579,007$5,093,716$7,153,947
46$8,272,796$5,821,466$5,233,443$7,710,434
47$9,084,735$6,074,832$5,376,877$8,317,999
48$9,978,487$6,339,608$5,524,111$8,981,658
49$10,962,366$6,616,322$5,675,242$9,706,927
50$12,045,532$6,905,526$5,830,367$10,499,882
51$13,238,079$7,207,799$5,989,587$11,367,208
52$14,551,128$7,523,746$6,153,003$12,316,265
53$15,996,935$7,854,002$6,320,721$13,355,153
54$17,589,005$8,199,230$6,492,847$14,492,794
55$19,342,217$8,560,127$6,669,492$15,739,007
56$21,272,971$8,937,420$6,850,767$17,104,604
57$23,399,333$9,331,873$7,036,787$18,601,492
58$25,741,215$9,744,285$7,227,669$20,242,779
59$28,320,555$10,175,492$7,423,533$22,042,903
60$31,161,532$10,626,370$7,624,501$24,017,761
61$34,290,784$11,097,839$7,830,698$26,184,861
62$37,737,670$11,590,859$8,042,253$28,563,484
63$41,534,539$12,106,437$8,259,294$31,174,867
64$45,717,039$12,645,629$8,481,957$34,042,400
65$50,324,452$13,209,540$8,710,378$37,191,842
66$55,400,065$13,799,327$8,944,695$40,651,570
67$60,991,581$14,416,203$9,185,052$44,452,839
68$67,151,563$15,061,439$9,431,592$48,630,075
69$73,937,938$15,736,364$9,684,465$53,221,203
70$81,414,535$16,442,373$9,943,823$58,267,997
71$89,651,695$17,180,928$10,209,818$63,816,476
72$98,726,932$17,953,556$10,482,611$69,917,335
73$108,725,662$18,761,863$10,762,361$76,626,423
74$119,742,012$19,607,528$11,049,233$84,005,262
75$131,879,710$20,492,309$11,343,395$92,121,633
76$145,253,059$21,418,051$11,645,017$101,050,209
77$159,988,020$22,386,685$11,954,275$110,873,255
78$176,223,402$23,400,235$12,271,346$121,681,407
79$194,112,165$24,460,823$12,596,412$133,574,521
80$213,822,872$25,570,670$12,929,658$146,662,615
81$235,541,276$26,732,104$13,271,273$161,066,900
82$259,472,074$27,947,565$13,621,449$176,920,926
83$285,840,839$29,219,609$13,980,381$194,371,837
84$314,896,151$30,550,916$14,348,270$213,581,754
85$346,911,941$31,944,293$14,725,319$234,729,306
86$382,190,077$33,402,682$15,111,736$258,011,310
87$421,063,216$34,929,164$15,507,730$283,644,625
88$463,897,942$36,526,972$15,913,517$311,868,194
89$511,098,228$38,199,490$16,329,316$342,945,297
90$563,109,249$39,950,266$16,755,350$377,166,031
91$620,421,582$41,783,019$17,191,844$414,850,043
92$683,575,841$43,701,645$17,639,028$456,349,544
93$753,167,780$45,710,228$18,097,139$502,052,625
94$829,853,913$47,813,049$18,566,413$552,386,921
95$914,357,717$50,014,593$19,047,092$607,823,637
96$1,007,476,458$52,319,562$19,539,424$668,881,992
97$1,110,088,720$54,732,884$20,043,658$736,134,116
98$1,223,162,697$57,259,723$20,560,047$810,210,443
99$1,347,765,335$59,905,492$21,088,852$891,805,655
100$1,485,072,403$62,675,865$21,630,332$981,685,234