Can I retire at age 40 with 4,400,000?

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 $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$363,348$360,111$356,954$353,872$350,862$343,357
2 years$179,875$176,525$173,278$170,131$167,077$159,553
3 years$118,726$115,361$112,123$109,004$106,001$98,691
4 years$88,157$84,803$81,597$78,531$75,601$68,563
5 years$69,820$66,486$63,322$60,320$57,470$50,724
6 years$57,600$54,291$51,174$48,238$45,474$39,027
7 years$48,875$45,594$42,526$39,659$36,983$30,835
8 years$42,334$39,082$36,065$33,269$30,681$24,831
9 years$37,249$34,028$31,063$28,338$25,838$20,281
10 years$33,183$29,994$27,081$24,428$22,015$16,747
11 years$29,859$26,702$23,842$21,259$18,934$13,947
12 years$27,091$23,966$21,159$18,647$16,407$11,694
13 years$24,751$21,658$18,904$16,463$14,308$9,860
14 years$22,746$19,687$16,986$14,614$12,542$8,351
15 years$21,011$17,984$15,336$13,033$11,043$7,099
16 years$19,494$16,500$13,904$11,670$9,760$6,054
17 years$18,156$15,196$12,652$10,485$8,654$5,176
18 years$16,969$14,042$11,550$9,449$7,694$4,435
19 years$15,908$13,014$10,573$8,538$6,858$3,807
20 years$14,954$12,093$9,704$7,733$6,126$3,273
21 years$14,092$11,264$8,925$7,018$5,482$2,818
22 years$13,310$10,515$8,226$6,381$4,914$2,429
23 years$12,597$9,834$7,595$5,811$4,411$2,095
24 years$11,944$9,214$7,024$5,300$3,965$1,809
25 years$11,344$8,647$6,506$4,841$3,568$1,563
26 years$10,791$8,127$6,034$4,426$3,214$1,352
27 years$10,280$7,648$5,603$4,051$2,897$1,169
28 years$9,807$7,207$5,209$3,712$2,614$1,012
29 years$9,367$6,799$4,847$3,404$2,361$876
30 years$8,956$6,421$4,515$3,124$2,133$759
31 years$8,574$6,070$4,209$2,869$1,928$658
32 years$8,216$5,743$3,927$2,637$1,744$570
33 years$7,880$5,439$3,667$2,425$1,579$494
34 years$7,564$5,155$3,426$2,231$1,429$428
35 years$7,268$4,889$3,203$2,054$1,295$371
36 years$6,988$4,641$2,997$1,891$1,173$322
37 years$6,724$4,408$2,805$1,743$1,063$279
38 years$6,475$4,189$2,627$1,606$964$242
39 years$6,239$3,983$2,461$1,481$874$210
40 years$6,015$3,790$2,306$1,366$793$182
41 years$5,803$3,607$2,163$1,260$719$158
42 years$5,602$3,436$2,029$1,163$653$137
43 years$5,410$3,273$1,904$1,074$592$119
44 years$5,228$3,120$1,787$991$538$103
45 years$5,054$2,975$1,678$916$488$90
46 years$4,888$2,838$1,576$846$443$78
47 years$4,730$2,709$1,481$781$402$68
48 years$4,579$2,586$1,391$722$365$59
49 years$4,434$2,469$1,308$667$332$51
50 years$4,296$2,359$1,229$617$301$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $4,400,000, adding $4,268 every year, while hoping to spend $49,386 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: 44/31/25 Blend
39$4,400,000$4,400,000$4,400,000$4,400,000
40$4,853,202$4,620,002$4,551,802$5,031,370
41$5,295,683$4,793,836$4,651,742$5,332,169
42$5,781,641$4,974,533$4,753,373$5,652,933
43$6,315,459$5,162,376$4,856,702$5,999,670
44$6,901,966$5,357,662$4,961,732$6,374,818
45$7,546,480$5,560,701$5,068,463$6,781,057
46$8,254,861$5,771,815$5,176,896$7,221,334
47$9,033,563$5,991,341$5,287,029$7,698,886
48$9,889,700$6,219,629$5,398,858$8,217,277
49$10,831,105$6,457,048$5,512,376$8,780,423
50$11,866,413$6,703,978$5,627,575$9,392,632
51$13,005,134$6,960,820$5,744,446$10,058,644
52$14,257,748$7,227,990$5,862,975$10,783,672
53$15,635,800$7,505,923$5,983,146$11,573,451
54$17,152,012$7,795,074$6,104,942$12,434,294
55$18,820,400$8,095,915$6,228,341$13,373,146
56$20,656,409$8,408,943$6,353,318$14,397,649
57$22,677,055$8,734,674$6,479,846$15,516,216
58$24,901,088$9,073,646$6,607,895$16,738,107
59$27,349,168$9,426,424$6,737,428$18,073,512
60$30,044,059$9,793,595$6,868,409$19,533,651
61$33,010,846$10,175,774$7,000,793$21,130,876
62$36,277,167$10,573,602$7,134,535$22,878,786
63$39,873,479$10,987,749$7,269,582$24,792,352
64$43,833,339$11,418,914$7,405,878$26,888,059
65$48,193,727$11,867,828$7,543,363$29,184,061
66$52,995,391$12,335,255$7,681,969$31,700,344
67$58,283,230$12,821,992$7,821,624$34,458,923
68$64,106,721$13,328,871$7,962,250$37,484,038
69$70,520,384$13,856,764$8,103,763$40,802,386
70$77,584,297$14,406,579$8,246,073$44,443,369
71$85,364,660$14,979,266$8,389,081$48,439,372
72$93,934,423$15,575,818$8,532,683$52,826,062
73$103,373,973$16,197,271$8,676,767$57,642,725
74$113,771,892$16,844,711$8,821,212$62,932,635
75$125,225,792$17,519,269$8,965,889$68,743,458
76$137,843,238$18,222,129$9,110,662$75,127,700
77$151,742,763$18,954,528$9,255,384$82,143,198
78$167,054,985$19,717,759$9,399,899$89,853,669
79$183,923,838$20,513,175$9,544,041$98,329,299
80$202,507,936$21,342,187$9,687,633$107,647,411
81$222,982,064$22,206,272$9,830,487$117,893,188
82$245,538,830$23,106,974$9,972,403$129,160,471
83$270,390,482$24,045,908$10,113,171$141,552,647
84$297,770,914$25,024,760$10,252,564$155,183,617
85$327,937,869$26,045,295$10,390,347$170,178,867
86$361,175,374$27,109,357$10,526,266$186,676,653
87$397,796,422$28,218,876$10,660,056$204,829,296
88$438,145,924$29,375,867$10,791,435$224,804,621
89$482,603,964$30,582,440$10,920,103$246,787,532
90$531,589,389$31,840,801$11,045,748$270,981,757
91$585,563,763$33,153,256$11,168,036$297,611,763
92$645,035,718$34,522,217$11,286,617$326,924,869
93$710,565,763$35,950,207$11,401,120$359,193,582
94$782,771,569$37,439,866$11,511,156$394,718,154
95$862,333,803$38,993,953$11,616,314$433,829,420
96$950,002,550$40,615,356$11,716,159$476,891,908
97$1,046,604,396$42,307,094$11,810,236$524,307,278
98$1,153,050,230$44,072,328$11,898,065$576,518,107
99$1,270,343,843$45,914,361$11,979,140$634,012,056
100$1,399,591,403$47,836,653$12,052,929$697,326,473