Can I retire at age 40 with 4,500,000?

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 $4,500,000?

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$371,606$368,296$365,066$361,914$358,836$351,161
2 years$183,963$180,537$177,217$173,997$170,874$163,179
3 years$121,424$117,983$114,671$111,482$108,410$100,934
4 years$90,160$86,730$83,451$80,316$77,319$70,121
5 years$71,407$67,997$64,761$61,691$58,776$51,877
6 years$58,909$55,525$52,337$49,334$46,508$39,914
7 years$49,985$46,630$43,492$40,561$37,823$31,536
8 years$43,296$39,970$36,885$34,025$31,378$25,395
9 years$38,095$34,801$31,769$28,982$26,425$20,742
10 years$33,937$30,676$27,697$24,983$22,515$17,127
11 years$30,538$27,309$24,384$21,742$19,364$14,263
12 years$27,707$24,511$21,640$19,071$16,780$11,960
13 years$25,313$22,151$19,334$16,837$14,633$10,084
14 years$23,263$20,134$17,372$14,946$12,827$8,540
15 years$21,488$18,393$15,684$13,329$11,294$7,260
16 years$19,937$16,875$14,220$11,935$9,982$6,191
17 years$18,569$15,542$12,940$10,723$8,850$5,293
18 years$17,355$14,361$11,812$9,664$7,869$4,535
19 years$16,270$13,310$10,814$8,732$7,014$3,893
20 years$15,294$12,368$9,924$7,909$6,265$3,347
21 years$14,413$11,520$9,128$7,178$5,607$2,882
22 years$13,612$10,754$8,413$6,526$5,026$2,484
23 years$12,883$10,058$7,768$5,943$4,511$2,143
24 years$12,215$9,424$7,184$5,421$4,055$1,851
25 years$11,602$8,844$6,654$4,951$3,649$1,599
26 years$11,036$8,311$6,171$4,527$3,287$1,383
27 years$10,514$7,822$5,731$4,143$2,963$1,196
28 years$10,030$7,371$5,327$3,796$2,674$1,035
29 years$9,579$6,953$4,957$3,481$2,414$896
30 years$9,160$6,567$4,618$3,195$2,181$776
31 years$8,769$6,208$4,305$2,934$1,972$673
32 years$8,402$5,874$4,017$2,697$1,784$583
33 years$8,059$5,563$3,750$2,480$1,615$505
34 years$7,736$5,272$3,504$2,282$1,462$438
35 years$7,433$5,000$3,276$2,100$1,324$380
36 years$7,147$4,746$3,065$1,934$1,200$329
37 years$6,877$4,508$2,868$1,782$1,087$286
38 years$6,622$4,284$2,686$1,643$986$248
39 years$6,381$4,074$2,517$1,515$894$215
40 years$6,152$3,876$2,359$1,397$811$187
41 years$5,935$3,689$2,212$1,289$736$162
42 years$5,729$3,514$2,075$1,190$667$140
43 years$5,533$3,348$1,947$1,098$606$122
44 years$5,347$3,191$1,828$1,014$550$106
45 years$5,169$3,043$1,716$936$499$92
46 years$4,999$2,903$1,612$865$453$80
47 years$4,838$2,770$1,514$799$412$69
48 years$4,683$2,645$1,423$738$374$60
49 years$4,535$2,525$1,337$682$339$52
50 years$4,394$2,412$1,257$631$308$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $4,500,000, adding $6,553 every year, while hoping to spend $20,758 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: 35/41/24 Blend
39$4,500,000$4,500,000$4,500,000$4,500,000
40$4,965,759$4,727,259$4,657,509$5,103,258
41$5,450,181$4,936,809$4,791,450$5,415,288
42$5,983,317$5,155,930$4,929,181$5,749,368
43$6,570,115$5,385,071$5,070,809$6,109,422
44$7,216,027$5,624,700$5,216,441$6,497,782
45$7,927,059$5,875,307$5,366,188$6,917,002
46$8,709,827$6,137,405$5,520,165$7,369,885
47$9,571,626$6,411,535$5,678,487$7,859,503
48$10,520,491$6,698,258$5,841,274$8,389,229
49$11,565,275$6,998,167$6,008,651$8,962,761
50$12,715,735$7,311,880$6,180,743$9,584,161
51$13,982,623$7,640,045$6,357,681$10,257,886
52$15,377,784$7,983,341$6,539,597$10,988,831
53$16,914,274$8,342,480$6,726,629$11,782,371
54$18,606,476$8,718,207$6,918,917$12,644,410
55$20,470,241$9,111,304$7,116,606$13,581,432
56$22,523,036$9,522,589$7,319,843$14,600,564
57$24,784,109$9,952,919$7,528,780$15,709,636
58$27,274,668$10,403,192$7,743,575$16,917,253
59$30,018,086$10,874,350$7,964,386$18,232,875
60$33,040,117$11,367,379$8,191,379$19,666,900
61$36,369,140$11,883,312$8,424,721$21,230,760
62$40,036,430$12,423,232$8,664,588$22,937,027
63$44,076,450$12,988,274$8,911,155$24,799,525
64$48,527,174$13,579,626$9,164,605$26,833,458
65$53,430,453$14,198,535$9,425,127$29,055,550
66$58,832,402$14,846,306$9,692,911$31,484,196
67$64,783,840$15,524,307$9,968,156$34,139,635
68$71,340,765$16,233,972$10,251,063$37,044,133
69$78,564,889$16,976,803$10,541,840$40,222,189
70$86,524,217$17,754,375$10,840,700$43,700,762
71$95,293,685$18,568,338$11,147,862$47,509,521
72$104,955,875$19,420,421$11,463,550$51,681,116
73$115,601,789$20,312,436$11,787,993$56,251,483
74$127,331,709$21,246,283$12,121,429$61,260,176
75$140,256,145$22,223,952$12,464,098$66,750,737
76$154,496,877$23,247,531$12,816,250$72,771,093
77$170,188,103$24,319,204$13,178,139$79,374,009
78$187,477,709$25,441,265$13,550,027$86,617,576
79$206,528,664$26,616,115$13,932,180$94,565,750
80$227,520,555$27,846,272$14,324,876$103,288,949
81$250,651,286$29,134,375$14,728,394$112,864,710
82$276,138,947$30,483,189$15,143,025$123,378,411
83$304,223,868$31,895,613$15,569,065$134,924,068
84$335,170,892$33,374,687$16,006,818$147,605,213
85$369,271,872$34,923,596$16,456,595$161,535,862
86$406,848,429$36,545,678$16,918,717$176,841,580
87$448,254,985$38,244,433$17,393,510$193,660,654
88$493,882,113$40,023,530$17,881,312$212,145,388
89$544,160,219$41,886,813$18,382,467$232,463,530
90$599,563,609$43,838,315$18,897,327$254,799,842
91$660,614,965$45,882,260$19,426,255$279,357,828
92$727,890,279$48,023,078$19,969,622$306,361,647
93$802,024,291$50,265,413$20,527,809$336,058,210
94$883,716,483$52,614,132$21,101,204$368,719,497
95$973,737,678$55,074,338$21,690,209$404,645,109
96$1,072,937,322$57,651,381$22,295,231$444,165,078
97$1,182,251,499$60,350,869$22,916,691$487,642,971
98$1,302,711,770$63,178,681$23,555,020$535,479,294
99$1,435,454,915$66,140,980$24,210,656$588,115,264
100$1,581,733,656$69,244,228$24,884,053$646,036,948