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%11.3%
1 years$363,348$360,111$356,954$353,872$350,862$348,944
2 years$179,875$176,525$173,278$170,131$167,077$165,141
3 years$118,726$115,361$112,123$109,004$106,001$104,107
4 years$88,157$84,803$81,597$78,531$75,601$73,764
5 years$69,820$66,486$63,322$60,320$57,470$55,697
6 years$57,600$54,291$51,174$48,238$45,474$43,766
7 years$48,875$45,594$42,526$39,659$36,983$35,340
8 years$42,334$39,082$36,065$33,269$30,681$29,104
9 years$37,249$34,028$31,063$28,338$25,838$24,326
10 years$33,183$29,994$27,081$24,428$22,015$20,568
11 years$29,859$26,702$23,842$21,259$18,934$17,550
12 years$27,091$23,966$21,159$18,647$16,407$15,087
13 years$24,751$21,658$18,904$16,463$14,308$13,048
14 years$22,746$19,687$16,986$14,614$12,542$11,342
15 years$21,011$17,984$15,336$13,033$11,043$9,902
16 years$19,494$16,500$13,904$11,670$9,760$8,675
17 years$18,156$15,196$12,652$10,485$8,654$7,624
18 years$16,969$14,042$11,550$9,449$7,694$6,718
19 years$15,908$13,014$10,573$8,538$6,858$5,933
20 years$14,954$12,093$9,704$7,733$6,126$5,251
21 years$14,092$11,264$8,925$7,018$5,482$4,655
22 years$13,310$10,515$8,226$6,381$4,914$4,133
23 years$12,597$9,834$7,595$5,811$4,411$3,674
24 years$11,944$9,214$7,024$5,300$3,965$3,270
25 years$11,344$8,647$6,506$4,841$3,568$2,913
26 years$10,791$8,127$6,034$4,426$3,214$2,598
27 years$10,280$7,648$5,603$4,051$2,897$2,319
28 years$9,807$7,207$5,209$3,712$2,614$2,071
29 years$9,367$6,799$4,847$3,404$2,361$1,851
30 years$8,956$6,421$4,515$3,124$2,133$1,655
31 years$8,574$6,070$4,209$2,869$1,928$1,481
32 years$8,216$5,743$3,927$2,637$1,744$1,325
33 years$7,880$5,439$3,667$2,425$1,579$1,187
34 years$7,564$5,155$3,426$2,231$1,429$1,063
35 years$7,268$4,889$3,203$2,054$1,295$953
36 years$6,988$4,641$2,997$1,891$1,173$854
37 years$6,724$4,408$2,805$1,743$1,063$765
38 years$6,475$4,189$2,627$1,606$964$686
39 years$6,239$3,983$2,461$1,481$874$616
40 years$6,015$3,790$2,306$1,366$793$552
41 years$5,803$3,607$2,163$1,260$719$495
42 years$5,602$3,436$2,029$1,163$653$445
43 years$5,410$3,273$1,904$1,074$592$399
44 years$5,228$3,120$1,787$991$538$358
45 years$5,054$2,975$1,678$916$488$321
46 years$4,888$2,838$1,576$846$443$289
47 years$4,730$2,709$1,481$781$402$259
48 years$4,579$2,586$1,391$722$365$233
49 years$4,434$2,469$1,308$667$332$209
50 years$4,296$2,359$1,229$617$301$188

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 $3,317 every year, while hoping to spend $48,336 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: 62/14/24 Blend
39$4,400,000$4,400,000$4,400,000$4,400,000
40$4,852,221$4,619,021$4,550,821$5,122,100
41$5,295,719$4,793,924$4,651,845$5,480,145
42$5,782,833$4,975,778$4,754,633$5,865,290
43$6,317,962$5,164,870$4,859,193$6,284,747
44$6,905,950$5,361,505$4,965,532$6,741,873
45$7,552,135$5,565,997$5,073,655$7,240,362
46$8,262,397$5,778,675$5,183,567$7,784,281
47$9,043,214$5,999,883$5,295,269$8,378,107
48$9,901,723$6,229,978$5,408,761$9,026,770
49$10,845,787$6,469,335$5,524,043$9,735,696
50$11,884,069$6,718,344$5,641,110$10,510,861
51$13,026,115$6,977,414$5,759,958$11,358,845
52$14,282,440$7,246,968$5,880,578$12,286,895
53$15,664,631$7,527,452$6,002,960$13,302,989
54$17,185,456$7,819,330$6,127,091$14,415,915
55$18,858,980$8,123,085$6,252,956$15,635,352
56$20,700,702$8,439,223$6,380,537$16,971,960
57$22,727,701$8,768,272$6,509,812$18,437,478
58$24,958,793$9,110,783$6,640,757$20,044,838
59$27,414,712$9,467,333$6,773,344$21,808,284
60$30,118,303$9,838,523$6,907,542$23,743,506
61$33,094,740$10,224,981$7,043,314$25,867,787
62$36,371,761$10,627,362$7,180,623$28,200,166
63$39,979,931$11,046,354$7,319,425$30,761,616
64$43,952,929$11,482,670$7,459,671$33,575,242
65$48,327,867$11,937,061$7,601,309$36,666,497
66$53,145,639$12,410,306$7,744,282$40,063,421
67$58,451,306$12,903,222$7,888,527$43,796,908
68$64,294,522$13,416,663$8,033,975$47,900,992
69$70,730,003$13,951,520$8,180,554$52,413,169
70$77,818,043$14,508,724$8,328,182$57,374,752
71$85,625,081$15,089,249$8,476,774$62,831,256
72$94,224,329$15,694,112$8,626,235$68,832,830
73$103,696,463$16,324,376$8,776,467$75,434,726
74$114,130,385$16,981,153$8,927,361$82,697,822
75$125,624,058$17,665,603$9,078,801$90,689,193
76$138,285,436$18,378,941$9,230,665$99,482,745
77$152,233,477$19,122,436$9,382,819$109,159,910
78$167,599,271$19,897,415$9,535,123$119,810,412
79$184,527,272$20,705,264$9,687,425$131,533,116
80$203,176,665$21,547,433$9,839,565$144,436,957
81$223,722,866$22,425,438$9,991,371$158,641,965
82$246,359,178$23,340,864$10,142,662$174,280,402
83$271,298,615$24,295,368$10,293,243$191,498,004
84$298,775,916$25,290,683$10,442,908$210,455,355
85$329,049,754$26,328,621$10,591,440$231,329,406
86$362,405,183$27,411,077$10,738,607$254,315,138
87$399,156,324$28,540,033$10,884,163$279,627,400
88$439,649,335$29,717,560$11,027,848$307,502,944
89$484,265,673$30,945,827$11,169,387$338,202,645
90$533,425,700$32,227,100$11,308,490$372,013,973
91$587,592,644$33,563,751$11,444,847$409,253,697
92$647,276,978$34,958,259$11,578,134$450,270,877
93$713,041,236$36,413,220$11,708,008$495,450,154
94$785,505,322$37,931,347$11,834,105$545,215,380
95$865,352,361$39,515,480$11,956,045$600,033,618
96$953,335,152$41,168,588$12,073,422$660,419,545
97$1,050,283,268$42,893,780$12,185,812$726,940,312
98$1,157,110,892$44,694,305$12,292,767$800,220,890
99$1,274,825,443$46,573,566$12,393,815$880,949,974
100$1,404,537,090$48,535,123$12,488,459$969,886,474