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%17.9%
1 years$355,090$351,927$348,841$345,829$342,888$331,912
2 years$175,787$172,513$169,340$166,264$163,280$152,323
3 years$116,027$112,739$109,574$106,527$103,592$92,998
4 years$86,153$82,875$79,742$76,747$73,882$63,732
5 years$68,234$64,975$61,883$58,949$56,164$46,486
6 years$56,291$53,057$50,011$47,142$44,441$35,242
7 years$47,764$44,557$41,559$38,758$36,142$27,422
8 years$41,371$38,194$35,245$32,513$29,984$21,735
9 years$36,402$33,255$30,357$27,694$25,250$17,465
10 years$32,429$29,312$26,466$23,872$21,515$14,181
11 years$29,181$26,095$23,300$20,776$18,503$11,607
12 years$26,475$23,422$20,678$18,223$16,035$9,561
13 years$24,188$21,166$18,475$16,089$13,982$7,916
14 years$22,229$19,239$16,600$14,282$12,257$6,581
15 years$20,533$17,576$14,987$12,737$10,792$5,490
16 years$19,051$16,125$13,588$11,404$9,538$4,592
17 years$17,744$14,851$12,365$10,247$8,457$3,850
18 years$16,583$13,723$11,287$9,234$7,520$3,233
19 years$15,546$12,718$10,333$8,344$6,702$2,720
20 years$14,614$11,818$9,483$7,557$5,987$2,291
21 years$13,772$11,008$8,723$6,859$5,357$1,932
22 years$13,007$10,276$8,039$6,236$4,802$1,631
23 years$12,310$9,611$7,423$5,679$4,311$1,377
24 years$11,672$9,005$6,865$5,180$3,875$1,164
25 years$11,086$8,450$6,358$4,731$3,487$984
26 years$10,546$7,942$5,897$4,325$3,141$833
27 years$10,047$7,474$5,476$3,959$2,831$705
28 years$9,584$7,043$5,090$3,627$2,555$597
29 years$9,154$6,644$4,737$3,326$2,307$505
30 years$8,753$6,275$4,412$3,053$2,085$428
31 years$8,379$5,932$4,114$2,804$1,885$363
32 years$8,029$5,613$3,838$2,577$1,705$307
33 years$7,701$5,315$3,584$2,369$1,543$261
34 years$7,393$5,038$3,348$2,180$1,397$221
35 years$7,103$4,778$3,130$2,007$1,265$187
36 years$6,829$4,535$2,928$1,848$1,146$159
37 years$6,572$4,307$2,741$1,703$1,039$135
38 years$6,328$4,094$2,567$1,570$942$114
39 years$6,097$3,893$2,405$1,447$854$97
40 years$5,879$3,704$2,254$1,335$775$82
41 years$5,671$3,525$2,114$1,232$703$70
42 years$5,475$3,357$1,983$1,137$638$59
43 years$5,287$3,199$1,860$1,049$579$50
44 years$5,109$3,049$1,746$969$525$42
45 years$4,939$2,908$1,640$895$477$36
46 years$4,777$2,774$1,540$826$433$31
47 years$4,623$2,647$1,447$764$393$26
48 years$4,475$2,527$1,360$706$357$22
49 years$4,334$2,413$1,278$652$324$19
50 years$4,198$2,305$1,202$603$295$16

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 $3,159 every year, while hoping to spend $50,990 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: 72/23/5 Blend
39$4,300,000$4,300,000$4,300,000$4,300,000
40$4,741,859$4,513,959$4,447,309$5,080,996
41$5,171,275$4,680,890$4,542,040$5,471,851
42$5,642,783$4,854,291$4,638,237$5,892,920
43$6,160,622$5,034,427$4,735,893$6,352,454
44$6,729,463$5,221,571$4,835,002$6,854,226
45$7,354,449$5,416,009$4,935,556$7,402,385
46$8,041,250$5,618,040$5,037,544$8,001,502
47$8,796,108$5,827,975$5,140,953$8,656,604
48$9,625,904$6,046,138$5,245,767$9,373,227
49$10,538,215$6,272,868$5,351,970$10,157,466
50$11,541,392$6,508,518$5,459,540$11,016,030
51$12,644,634$6,753,455$5,568,454$11,956,305
52$13,858,076$7,008,063$5,678,686$12,986,425
53$15,192,885$7,272,744$5,790,208$14,115,347
54$16,661,366$7,547,915$5,902,986$15,352,930
55$18,277,073$7,834,011$6,016,985$16,710,036
56$20,054,945$8,131,488$6,132,164$18,198,622
57$22,011,439$8,440,820$6,248,480$19,831,861
58$24,164,687$8,762,502$6,365,886$21,624,256
59$26,534,672$9,097,051$6,484,330$23,591,784
60$29,143,409$9,445,007$6,603,755$25,752,041
61$32,015,156$9,806,931$6,724,100$28,124,406
62$35,176,643$10,183,412$6,845,299$30,730,228
63$38,657,325$10,575,063$6,967,281$33,593,020
64$42,489,654$10,982,524$7,089,967$36,738,683
65$46,709,394$11,406,463$7,213,276$40,195,750
66$51,355,950$11,847,577$7,337,118$43,995,652
67$56,472,743$12,306,595$7,461,399$48,173,010
68$62,107,622$12,784,277$7,586,015$52,765,969
69$68,313,311$13,281,418$7,710,857$57,816,548
70$75,147,907$13,798,845$7,835,809$63,371,038
71$82,675,431$14,337,426$7,960,746$69,480,439
72$90,966,429$14,898,064$8,085,535$76,200,937
73$100,098,639$15,481,704$8,210,035$83,594,432
74$110,157,724$16,089,331$8,334,095$91,729,124
75$121,238,080$16,721,977$8,457,555$100,680,150
76$133,443,727$17,380,716$8,580,246$110,530,297
77$146,889,289$18,066,674$8,701,987$121,370,773
78$161,701,080$18,781,024$8,822,586$133,302,074
79$178,018,289$19,524,993$8,941,842$146,434,926
80$195,994,300$20,299,864$9,059,540$160,891,327
81$215,798,136$21,106,974$9,175,452$176,805,699
82$237,616,055$21,947,724$9,289,338$194,326,151
83$261,653,306$22,823,576$9,400,944$213,615,878
84$288,136,069$23,736,058$9,510,002$234,854,695
85$317,313,590$24,686,766$9,616,229$258,240,734
86$349,460,528$25,677,370$9,719,325$283,992,309
87$384,879,554$26,709,613$9,818,974$312,349,976
88$423,904,204$27,785,319$9,914,845$343,578,798
89$466,902,026$28,906,393$10,006,585$377,970,847
90$514,278,053$30,074,827$10,093,826$415,847,952
91$566,478,623$31,292,703$10,176,178$457,564,740
92$623,995,595$32,562,197$10,253,232$503,511,974
93$687,370,986$33,885,585$10,324,556$554,120,242
94$757,202,094$35,265,246$10,389,696$609,864,014
95$834,147,132$36,703,667$10,448,175$671,266,118
96$918,931,442$38,203,450$10,499,492$738,902,674
97$1,012,354,343$39,767,313$10,543,118$813,408,521
98$1,115,296,674$41,398,099$10,578,501$895,483,211
99$1,228,729,112$43,098,783$10,605,058$985,897,606
100$1,353,721,332$44,872,475$10,622,179$1,085,501,148