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%18.3%
1 years$371,606$368,296$365,066$361,914$358,836$346,795
2 years$183,963$180,537$177,217$173,997$170,874$158,862
3 years$121,424$117,983$114,671$111,482$108,410$96,803
4 years$90,160$86,730$83,451$80,316$77,319$66,206
5 years$71,407$67,997$64,761$61,691$58,776$48,188
6 years$58,909$55,525$52,337$49,334$46,508$36,452
7 years$49,985$46,630$43,492$40,561$37,823$28,299
8 years$43,296$39,970$36,885$34,025$31,378$22,378
9 years$38,095$34,801$31,769$28,982$26,425$17,938
10 years$33,937$30,676$27,697$24,983$22,515$14,528
11 years$30,538$27,309$24,384$21,742$19,364$11,860
12 years$27,707$24,511$21,640$19,071$16,780$9,744
13 years$25,313$22,151$19,334$16,837$14,633$8,046
14 years$23,263$20,134$17,372$14,946$12,827$6,670
15 years$21,488$18,393$15,684$13,329$11,294$5,548
16 years$19,937$16,875$14,220$11,935$9,982$4,627
17 years$18,569$15,542$12,940$10,723$8,850$3,868
18 years$17,355$14,361$11,812$9,664$7,869$3,239
19 years$16,270$13,310$10,814$8,732$7,014$2,717
20 years$15,294$12,368$9,924$7,909$6,265$2,281
21 years$14,413$11,520$9,128$7,178$5,607$1,918
22 years$13,612$10,754$8,413$6,526$5,026$1,613
23 years$12,883$10,058$7,768$5,943$4,511$1,359
24 years$12,215$9,424$7,184$5,421$4,055$1,145
25 years$11,602$8,844$6,654$4,951$3,649$965
26 years$11,036$8,311$6,171$4,527$3,287$814
27 years$10,514$7,822$5,731$4,143$2,963$686
28 years$10,030$7,371$5,327$3,796$2,674$579
29 years$9,579$6,953$4,957$3,481$2,414$489
30 years$9,160$6,567$4,618$3,195$2,181$413
31 years$8,769$6,208$4,305$2,934$1,972$349
32 years$8,402$5,874$4,017$2,697$1,784$294
33 years$8,059$5,563$3,750$2,480$1,615$249
34 years$7,736$5,272$3,504$2,282$1,462$210
35 years$7,433$5,000$3,276$2,100$1,324$178
36 years$7,147$4,746$3,065$1,934$1,200$150
37 years$6,877$4,508$2,868$1,782$1,087$127
38 years$6,622$4,284$2,686$1,643$986$107
39 years$6,381$4,074$2,517$1,515$894$91
40 years$6,152$3,876$2,359$1,397$811$76
41 years$5,935$3,689$2,212$1,289$736$65
42 years$5,729$3,514$2,075$1,190$667$55
43 years$5,533$3,348$1,947$1,098$606$46
44 years$5,347$3,191$1,828$1,014$550$39
45 years$5,169$3,043$1,716$936$499$33
46 years$4,999$2,903$1,612$865$453$28
47 years$4,838$2,770$1,514$799$412$24
48 years$4,683$2,645$1,423$738$374$20
49 years$4,535$2,525$1,337$682$339$17
50 years$4,394$2,412$1,257$631$308$14

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 $6,768 every year, while hoping to spend $27,872 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: 78/7/15 Blend
39$4,500,000$4,500,000$4,500,000$4,500,000
40$4,965,981$4,727,481$4,657,731$5,337,148
41$5,442,856$4,929,472$4,784,110$5,784,699
42$5,967,437$5,140,427$4,913,788$6,271,284
43$6,544,562$5,360,754$5,046,846$6,804,249
44$7,179,561$5,590,884$5,183,368$7,388,218
45$7,878,303$5,831,265$5,323,439$8,028,285
46$8,647,260$6,082,367$5,467,144$8,730,059
47$9,493,560$6,344,682$5,614,572$9,499,717
48$10,425,057$6,618,725$5,765,814$10,344,063
49$11,450,406$6,905,036$5,920,962$11,270,590
50$12,579,144$7,204,179$6,080,111$12,287,551
51$13,821,777$7,516,745$6,243,355$13,404,037
52$15,189,886$7,843,352$6,410,795$14,630,061
53$16,696,228$8,184,650$6,582,530$15,976,652
54$18,354,861$8,541,316$6,758,663$17,455,961
55$20,181,277$8,914,060$6,939,298$19,081,372
56$22,192,545$9,303,627$7,124,543$20,867,628
57$24,407,475$9,710,795$7,314,505$22,830,971
58$26,846,793$10,136,380$7,509,297$24,989,295
59$29,533,340$10,581,236$7,709,032$27,362,312
60$32,492,281$11,046,258$7,913,825$29,971,738
61$35,751,351$11,532,381$8,123,795$32,841,499
62$39,341,108$12,040,588$8,339,062$35,997,953
63$43,295,229$12,571,905$8,559,749$39,470,142
64$47,650,823$13,127,408$8,785,981$43,290,060
65$52,448,780$13,708,225$9,017,885$47,492,961
66$57,734,163$14,315,535$9,255,591$52,117,683
67$63,556,627$14,950,575$9,499,232$57,207,019
68$69,970,889$15,614,640$9,748,943$62,808,121
69$77,037,248$16,309,086$10,004,861$68,972,937
70$84,822,150$17,035,333$10,267,126$75,758,709
71$93,398,815$17,794,870$10,535,881$83,228,506
72$102,847,931$18,589,256$10,811,270$91,451,821
73$113,258,415$19,420,124$11,093,442$100,505,225
74$124,728,247$20,289,184$11,382,546$110,473,089
75$137,365,402$21,198,228$11,678,736$121,448,379
76$151,288,866$22,149,134$11,982,166$133,533,532
77$166,629,757$23,143,869$12,292,996$146,841,422
78$183,532,567$24,184,492$12,611,385$161,496,423
79$202,156,519$25,273,163$12,937,497$177,635,584
80$222,677,080$26,412,144$13,271,499$195,409,918
81$245,287,606$27,603,803$13,613,558$214,985,828
82$270,201,176$28,850,624$13,963,847$236,546,678
83$297,652,599$30,155,207$14,322,538$260,294,518
84$327,900,630$31,520,278$14,689,809$286,451,992
85$361,230,415$32,948,693$15,065,839$315,264,437
86$397,956,182$34,443,443$15,450,809$347,002,198
87$438,424,206$36,007,665$15,844,904$381,963,180
88$483,016,078$37,644,643$16,248,311$420,475,653
89$532,152,307$39,357,821$16,661,219$462,901,353
90$586,296,293$41,150,804$17,083,820$509,638,894
91$645,958,695$43,027,374$17,516,309$561,127,528
92$711,702,258$44,991,491$17,958,881$617,851,287
93$784,147,121$47,047,307$18,411,737$680,343,556
94$863,976,674$49,199,172$18,875,077$749,192,100
95$951,944,008$51,451,644$19,349,105$825,044,612
96$1,048,879,024$53,809,502$19,834,027$908,614,826
97$1,155,696,268$56,277,752$20,330,050$1,000,689,249
98$1,273,403,566$58,861,640$20,837,386$1,102,134,585
99$1,403,111,536$61,566,667$21,356,245$1,213,905,916
100$1,546,044,075$64,398,596$21,886,841$1,337,055,710