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%19.6%
1 years$371,606$368,296$365,066$361,914$358,836$345,008
2 years$183,963$180,537$177,217$173,997$170,874$157,107
3 years$121,424$117,983$114,671$111,482$108,410$95,137
4 years$90,160$86,730$83,451$80,316$77,319$64,642
5 years$71,407$67,997$64,761$61,691$58,776$46,728
6 years$58,909$55,525$52,337$49,334$46,508$35,096
7 years$49,985$46,630$43,492$40,561$37,823$27,044
8 years$43,296$39,970$36,885$34,025$31,378$21,221
9 years$38,095$34,801$31,769$28,982$26,425$16,876
10 years$33,937$30,676$27,697$24,983$22,515$13,556
11 years$30,538$27,309$24,384$21,742$19,364$10,974
12 years$27,707$24,511$21,640$19,071$16,780$8,938
13 years$25,313$22,151$19,334$16,837$14,633$7,315
14 years$23,263$20,134$17,372$14,946$12,827$6,009
15 years$21,488$18,393$15,684$13,329$11,294$4,952
16 years$19,937$16,875$14,220$11,935$9,982$4,092
17 years$18,569$15,542$12,940$10,723$8,850$3,388
18 years$17,355$14,361$11,812$9,664$7,869$2,809
19 years$16,270$13,310$10,814$8,732$7,014$2,333
20 years$15,294$12,368$9,924$7,909$6,265$1,940
21 years$14,413$11,520$9,128$7,178$5,607$1,614
22 years$13,612$10,754$8,413$6,526$5,026$1,344
23 years$12,883$10,058$7,768$5,943$4,511$1,120
24 years$12,215$9,424$7,184$5,421$4,055$934
25 years$11,602$8,844$6,654$4,951$3,649$779
26 years$11,036$8,311$6,171$4,527$3,287$650
27 years$10,514$7,822$5,731$4,143$2,963$543
28 years$10,030$7,371$5,327$3,796$2,674$453
29 years$9,579$6,953$4,957$3,481$2,414$379
30 years$9,160$6,567$4,618$3,195$2,181$316
31 years$8,769$6,208$4,305$2,934$1,972$264
32 years$8,402$5,874$4,017$2,697$1,784$221
33 years$8,059$5,563$3,750$2,480$1,615$185
34 years$7,736$5,272$3,504$2,282$1,462$154
35 years$7,433$5,000$3,276$2,100$1,324$129
36 years$7,147$4,746$3,065$1,934$1,200$108
37 years$6,877$4,508$2,868$1,782$1,087$90
38 years$6,622$4,284$2,686$1,643$986$75
39 years$6,381$4,074$2,517$1,515$894$63
40 years$6,152$3,876$2,359$1,397$811$53
41 years$5,935$3,689$2,212$1,289$736$44
42 years$5,729$3,514$2,075$1,190$667$37
43 years$5,533$3,348$1,947$1,098$606$31
44 years$5,347$3,191$1,828$1,014$550$26
45 years$5,169$3,043$1,716$936$499$21
46 years$4,999$2,903$1,612$865$453$18
47 years$4,838$2,770$1,514$799$412$15
48 years$4,683$2,645$1,423$738$374$13
49 years$4,535$2,525$1,337$682$339$11
50 years$4,394$2,412$1,257$631$308$9

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 $4,136 every year, while hoping to spend $28,766 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: 61/34/5 Blend
39$4,500,000$4,500,000$4,500,000$4,500,000
40$4,963,266$4,724,766$4,655,016$5,261,746
41$5,438,913$4,925,673$4,780,353$5,662,427
42$5,962,111$5,135,460$4,908,923$6,095,675
43$6,537,681$5,354,532$5,040,807$6,567,614
44$7,170,933$5,583,313$5,176,083$7,081,969
45$7,867,719$5,822,246$5,314,832$7,642,835
46$8,634,485$6,071,795$5,457,138$8,254,717
47$9,478,336$6,332,447$5,603,086$8,922,567
48$10,407,099$6,604,709$5,752,761$9,651,832
49$11,429,397$6,889,114$5,906,253$10,448,506
50$12,554,734$7,186,219$6,063,651$11,319,179
51$13,793,581$7,496,608$6,225,047$12,271,102
52$15,157,475$7,820,891$6,390,536$13,312,256
53$16,659,131$8,159,708$6,560,212$14,451,419
54$18,312,557$8,513,728$6,734,174$15,698,252
55$20,133,189$8,883,652$6,912,520$17,063,386
56$22,138,038$9,270,214$7,095,353$18,558,525
57$24,345,846$9,674,183$7,282,775$20,196,546
58$26,777,267$10,096,362$7,474,893$21,991,625
59$29,455,059$10,537,595$7,671,813$23,959,368
60$32,404,301$10,998,763$7,873,644$26,116,953
61$35,652,628$11,480,791$8,080,500$28,483,293
62$39,230,491$11,984,645$8,292,492$31,079,208
63$43,171,448$12,511,339$8,509,737$33,927,623
64$47,512,474$13,061,933$8,732,352$37,053,780
65$52,294,318$13,637,539$8,960,457$40,485,473
66$57,561,880$14,239,321$9,194,174$44,253,306
67$63,364,640$14,868,496$9,433,627$48,390,981
68$69,757,123$15,526,341$9,678,942$52,935,613
69$76,799,411$16,214,193$9,930,248$57,928,075
70$84,557,715$16,933,453$10,187,676$63,413,381
71$93,104,996$17,685,586$10,451,357$69,441,107
72$102,521,655$18,472,129$10,721,427$76,065,854
73$112,896,291$19,294,691$10,998,023$83,347,764
74$124,326,540$20,154,958$11,281,283$91,353,075
75$136,919,991$21,054,695$11,571,350$100,154,750
76$150,795,206$21,995,751$11,868,367$109,833,156
77$166,082,839$22,980,065$12,172,479$120,476,819
78$182,926,866$24,009,665$12,483,834$132,183,255
79$201,485,946$25,086,679$12,802,583$145,059,883
80$221,934,920$26,213,333$13,128,876$159,225,038
81$244,466,457$27,391,962$13,462,869$174,809,077
82$269,292,877$28,625,010$13,804,716$191,955,606
83$296,648,154$29,915,038$14,154,578$210,822,828
84$326,790,122$31,264,732$14,512,613$231,585,030
85$360,002,912$32,676,902$14,878,983$254,434,224
86$396,599,634$34,154,494$15,253,853$279,581,945
87$436,925,328$35,700,596$15,637,389$307,261,249
88$481,360,228$37,318,441$16,029,758$337,728,897
89$530,323,346$39,011,420$16,431,129$371,267,776
90$584,276,429$40,783,082$16,841,674$408,189,558
91$643,728,321$42,637,148$17,261,566$448,837,633
92$709,239,759$44,577,518$17,690,979$493,590,341
93$781,428,676$46,608,278$18,130,088$542,864,534
94$860,976,026$48,733,708$18,579,070$597,119,500
95$948,632,216$50,958,296$19,038,105$656,861,288
96$1,045,224,192$53,286,743$19,507,372$722,647,474
97$1,151,663,242$55,723,975$19,987,051$795,092,410
98$1,268,953,599$58,275,156$20,477,323$874,873,014
99$1,398,201,925$60,945,698$20,978,373$962,735,146
100$1,540,627,755$63,741,270$21,490,381$1,059,500,633