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

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 $4,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$355,090$351,927$348,841$345,829$342,888$329,674
2 years$175,787$172,513$169,340$166,264$163,280$150,125
3 years$116,027$112,739$109,574$106,527$103,592$90,909
4 years$86,153$82,875$79,742$76,747$73,882$61,769
5 years$68,234$64,975$61,883$58,949$56,164$44,651
6 years$56,291$53,057$50,011$47,142$44,441$33,536
7 years$47,764$44,557$41,559$38,758$36,142$25,842
8 years$41,371$38,194$35,245$32,513$29,984$20,278
9 years$36,402$33,255$30,357$27,694$25,250$16,126
10 years$32,429$29,312$26,466$23,872$21,515$12,953
11 years$29,181$26,095$23,300$20,776$18,503$10,486
12 years$26,475$23,422$20,678$18,223$16,035$8,540
13 years$24,188$21,166$18,475$16,089$13,982$6,989
14 years$22,229$19,239$16,600$14,282$12,257$5,742
15 years$20,533$17,576$14,987$12,737$10,792$4,732
16 years$19,051$16,125$13,588$11,404$9,538$3,910
17 years$17,744$14,851$12,365$10,247$8,457$3,237
18 years$16,583$13,723$11,287$9,234$7,520$2,684
19 years$15,546$12,718$10,333$8,344$6,702$2,229
20 years$14,614$11,818$9,483$7,557$5,987$1,854
21 years$13,772$11,008$8,723$6,859$5,357$1,543
22 years$13,007$10,276$8,039$6,236$4,802$1,285
23 years$12,310$9,611$7,423$5,679$4,311$1,071
24 years$11,672$9,005$6,865$5,180$3,875$893
25 years$11,086$8,450$6,358$4,731$3,487$745
26 years$10,546$7,942$5,897$4,325$3,141$622
27 years$10,047$7,474$5,476$3,959$2,831$519
28 years$9,584$7,043$5,090$3,627$2,555$433
29 years$9,154$6,644$4,737$3,326$2,307$362
30 years$8,753$6,275$4,412$3,053$2,085$302
31 years$8,379$5,932$4,114$2,804$1,885$253
32 years$8,029$5,613$3,838$2,577$1,705$211
33 years$7,701$5,315$3,584$2,369$1,543$176
34 years$7,393$5,038$3,348$2,180$1,397$147
35 years$7,103$4,778$3,130$2,007$1,265$123
36 years$6,829$4,535$2,928$1,848$1,146$103
37 years$6,572$4,307$2,741$1,703$1,039$86
38 years$6,328$4,094$2,567$1,570$942$72
39 years$6,097$3,893$2,405$1,447$854$60
40 years$5,879$3,704$2,254$1,335$775$50
41 years$5,671$3,525$2,114$1,232$703$42
42 years$5,475$3,357$1,983$1,137$638$35
43 years$5,287$3,199$1,860$1,049$579$29
44 years$5,109$3,049$1,746$969$525$25
45 years$4,939$2,908$1,640$895$477$21
46 years$4,777$2,774$1,540$826$433$17
47 years$4,623$2,647$1,447$764$393$14
48 years$4,475$2,527$1,360$706$357$12
49 years$4,334$2,413$1,278$652$324$10
50 years$4,198$2,305$1,202$603$295$8

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 $4,405 every year, while hoping to spend $32,489 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: 42/46/12 Blend
39$4,300,000$4,300,000$4,300,000$4,300,000
40$4,743,144$4,515,244$4,448,594$4,925,502
41$5,192,376$4,701,923$4,563,054$5,240,414
42$5,686,342$4,896,660$4,680,259$5,577,621
43$6,229,569$5,099,816$4,800,268$5,942,041
44$6,827,046$5,311,768$4,923,138$6,336,171
45$7,484,271$5,532,911$5,048,929$6,762,755
46$8,207,300$5,763,657$5,177,702$7,224,802
47$9,002,806$6,004,439$5,309,517$7,725,617
48$9,878,143$6,255,707$5,444,436$8,268,828
49$10,841,411$6,517,934$5,582,522$8,858,421
50$11,901,537$6,791,614$5,723,838$9,498,775
51$13,068,356$7,077,266$5,868,449$10,194,698
52$14,352,706$7,375,429$6,016,420$10,951,477
53$15,766,528$7,686,671$6,167,816$11,774,920
54$17,322,980$8,011,585$6,322,704$12,671,410
55$19,036,561$8,350,789$6,481,151$13,647,967
56$20,923,245$8,704,933$6,643,225$14,712,306
57$23,000,638$9,074,696$6,808,995$15,872,911
58$25,288,136$9,460,790$6,978,530$17,139,112
59$27,807,115$9,863,957$7,151,899$18,521,170
60$30,581,126$10,284,976$7,329,173$20,030,369
61$33,636,123$10,724,662$7,510,422$21,679,125
62$37,000,705$11,183,868$7,695,719$23,481,095
63$40,706,386$11,663,487$7,885,135$25,451,303
64$44,787,892$12,164,453$8,078,742$27,606,284
65$49,283,490$12,687,743$8,276,612$29,964,230
66$54,235,347$13,234,383$8,478,819$32,545,159
67$59,689,928$13,805,444$8,685,436$35,371,106
68$65,698,438$14,402,048$8,896,535$38,466,320
69$72,317,300$15,025,370$9,112,191$41,857,492
70$79,608,692$15,676,640$9,332,476$45,574,004
71$87,641,128$16,357,146$9,557,464$49,648,196
72$96,490,112$17,068,235$9,787,228$54,115,676
73$106,238,845$17,811,319$10,021,841$59,015,642
74$116,979,011$18,587,877$10,261,376$64,391,252
75$128,811,643$19,399,457$10,505,906$70,290,023
76$141,848,078$20,247,678$10,755,501$76,764,279
77$156,211,006$21,134,237$11,010,234$83,871,633
78$172,035,626$22,060,913$11,270,175$91,675,527
79$189,470,928$23,029,565$11,535,393$100,245,826
80$208,681,091$24,042,143$11,805,958$109,659,468
81$229,847,041$25,100,687$12,081,936$120,001,187
82$253,168,154$26,207,335$12,363,395$131,364,300
83$278,864,136$27,364,325$12,650,400$143,851,586
84$307,177,103$28,574,001$12,943,013$157,576,245
85$338,373,860$29,838,820$13,241,296$172,662,958
86$372,748,424$31,161,353$13,545,310$189,249,055
87$410,624,798$32,544,293$13,855,112$207,485,807
88$452,360,026$33,990,463$14,170,758$227,539,836
89$498,347,570$35,502,817$14,492,300$249,594,684
90$549,021,019$37,084,451$14,819,788$273,852,535
91$604,858,182$38,738,609$15,153,270$300,536,109
92$666,385,602$40,468,686$15,492,790$329,890,755
93$734,183,523$42,278,241$15,838,388$362,186,756
94$808,891,370$44,171,002$16,190,102$397,721,867
95$891,213,782$46,150,874$16,547,963$436,824,113
96$981,927,269$48,221,948$16,912,000$479,854,870
97$1,081,887,536$50,388,509$17,282,238$527,212,266
98$1,192,037,566$52,655,048$17,658,695$579,334,919
99$1,313,416,521$55,026,268$18,041,384$636,706,067
100$1,447,169,550$57,507,099$18,430,314$699,858,110