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

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 $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$363,348$360,111$356,954$353,872$350,862$342,659
2 years$179,875$176,525$173,278$170,131$167,077$158,859
3 years$118,726$115,361$112,123$109,004$106,001$98,024
4 years$88,157$84,803$81,597$78,531$75,601$67,928
5 years$69,820$66,486$63,322$60,320$57,470$50,122
6 years$57,600$54,291$51,174$48,238$45,474$38,459
7 years$48,875$45,594$42,526$39,659$36,983$30,301
8 years$42,334$39,082$36,065$33,269$30,681$24,330
9 years$37,249$34,028$31,063$28,338$25,838$19,812
10 years$33,183$29,994$27,081$24,428$22,015$16,309
11 years$29,859$26,702$23,842$21,259$18,934$13,539
12 years$27,091$23,966$21,159$18,647$16,407$11,315
13 years$24,751$21,658$18,904$16,463$14,308$9,508
14 years$22,746$19,687$16,986$14,614$12,542$8,026
15 years$21,011$17,984$15,336$13,033$11,043$6,799
16 years$19,494$16,500$13,904$11,670$9,760$5,777
17 years$18,156$15,196$12,652$10,485$8,654$4,922
18 years$16,969$14,042$11,550$9,449$7,694$4,202
19 years$15,908$13,014$10,573$8,538$6,858$3,593
20 years$14,954$12,093$9,704$7,733$6,126$3,078
21 years$14,092$11,264$8,925$7,018$5,482$2,640
22 years$13,310$10,515$8,226$6,381$4,914$2,266
23 years$12,597$9,834$7,595$5,811$4,411$1,948
24 years$11,944$9,214$7,024$5,300$3,965$1,675
25 years$11,344$8,647$6,506$4,841$3,568$1,442
26 years$10,791$8,127$6,034$4,426$3,214$1,242
27 years$10,280$7,648$5,603$4,051$2,897$1,070
28 years$9,807$7,207$5,209$3,712$2,614$922
29 years$9,367$6,799$4,847$3,404$2,361$795
30 years$8,956$6,421$4,515$3,124$2,133$686
31 years$8,574$6,070$4,209$2,869$1,928$592
32 years$8,216$5,743$3,927$2,637$1,744$511
33 years$7,880$5,439$3,667$2,425$1,579$441
34 years$7,564$5,155$3,426$2,231$1,429$381
35 years$7,268$4,889$3,203$2,054$1,295$329
36 years$6,988$4,641$2,997$1,891$1,173$284
37 years$6,724$4,408$2,805$1,743$1,063$245
38 years$6,475$4,189$2,627$1,606$964$212
39 years$6,239$3,983$2,461$1,481$874$183
40 years$6,015$3,790$2,306$1,366$793$158
41 years$5,803$3,607$2,163$1,260$719$137
42 years$5,602$3,436$2,029$1,163$653$118
43 years$5,410$3,273$1,904$1,074$592$102
44 years$5,228$3,120$1,787$991$538$88
45 years$5,054$2,975$1,678$916$488$76
46 years$4,888$2,838$1,576$846$443$66
47 years$4,730$2,709$1,481$781$402$57
48 years$4,579$2,586$1,391$722$365$49
49 years$4,434$2,469$1,308$667$332$42
50 years$4,296$2,359$1,229$617$301$37

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 $6,714 every year, while hoping to spend $35,295 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: 39/41/20 Blend
39$4,400,000$4,400,000$4,400,000$4,400,000
40$4,855,725$4,622,525$4,554,325$5,015,914
41$5,313,456$4,811,476$4,669,342$5,320,638
42$5,816,692$5,008,501$4,787,028$5,646,062
43$6,370,038$5,213,961$4,907,437$5,997,214
44$6,978,566$5,428,230$5,030,621$6,376,449
45$7,647,866$5,651,700$5,156,633$6,786,346
46$8,384,096$5,884,780$5,285,527$7,229,739
47$9,194,039$6,127,900$5,417,358$7,709,742
48$10,085,172$6,381,508$5,552,180$8,229,770
49$11,065,731$6,646,073$5,690,050$8,793,577
50$12,144,791$6,922,086$5,831,021$9,405,285
51$13,332,350$7,210,059$5,975,152$10,069,425
52$14,639,428$7,510,530$6,122,498$10,790,974
53$16,078,164$7,824,061$6,273,116$11,575,404
54$17,661,935$8,151,238$6,427,063$12,428,728
55$19,405,480$8,492,676$6,584,397$13,357,556
56$21,325,041$8,849,018$6,745,176$14,369,159
57$23,438,513$9,220,938$6,909,457$15,471,528
58$25,765,616$9,609,139$7,077,299$16,673,454
59$28,328,079$10,014,358$7,248,759$17,984,604
60$31,149,847$10,437,364$7,423,896$19,415,613
61$34,257,302$10,878,966$7,602,768$20,978,178
62$37,679,518$11,340,007$7,785,432$22,685,171
63$41,448,532$11,821,370$7,971,946$24,550,750
64$45,599,644$12,323,979$8,162,368$26,590,498
65$50,171,755$12,848,802$8,356,755$28,821,562
66$55,207,732$13,396,851$8,555,165$31,262,811
67$60,754,810$13,969,186$8,757,652$33,935,015
68$66,865,040$14,566,915$8,964,273$36,861,033
69$73,595,781$15,191,201$9,175,083$40,066,026
70$81,010,239$15,843,258$9,390,136$43,577,693
71$89,178,063$16,524,357$9,609,485$47,426,528
72$98,176,006$17,235,831$9,833,183$51,646,100
73$108,088,645$17,979,073$10,061,282$56,273,369
74$119,009,182$18,755,543$10,293,830$61,349,029
75$131,040,322$19,566,768$10,530,876$66,917,889
76$144,295,242$20,414,347$10,772,468$73,029,287
77$158,898,662$21,299,956$11,018,651$79,737,555
78$174,988,018$22,225,346$11,269,468$87,102,524
79$192,714,761$23,192,353$11,524,961$95,190,083
80$212,245,789$24,202,900$11,785,169$104,072,794
81$233,765,015$25,258,998$12,050,128$113,830,576
82$257,475,113$26,362,755$12,319,874$124,551,445
83$283,599,422$27,516,378$12,594,437$136,332,345
84$312,384,058$28,722,176$12,873,846$149,280,052
85$344,100,239$29,982,569$13,158,126$163,512,174
86$379,046,840$31,300,091$13,447,300$179,158,257
87$417,553,217$32,677,396$13,741,384$196,360,999
88$459,982,319$34,117,262$14,040,394$215,277,583
89$506,734,107$35,622,599$14,344,339$236,081,161
90$558,249,336$37,196,457$14,653,225$258,962,472
91$615,013,712$38,842,026$14,967,050$284,131,636
92$677,562,476$40,562,651$15,285,812$311,820,127
93$746,485,461$42,361,833$15,609,500$342,282,947
94$822,432,656$44,243,242$15,938,096$375,801,023
95$906,120,345$46,210,718$16,271,580$412,683,848
96$998,337,863$48,268,286$16,609,921$453,272,389
97$1,099,955,056$50,420,163$16,953,084$497,942,292
98$1,211,930,484$52,670,763$17,301,025$547,107,418
99$1,335,320,476$55,024,714$17,653,692$601,223,738
100$1,471,289,100$57,486,860$18,011,026$660,793,614