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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.4%
1 years$371,606$368,296$365,066$361,914$358,836$348,047
2 years$183,963$180,537$177,217$173,997$170,874$160,095
3 years$121,424$117,983$114,671$111,482$108,410$97,979
4 years$90,160$86,730$83,451$80,316$77,319$67,316
5 years$71,407$67,997$64,761$61,691$58,776$49,229
6 years$58,909$55,525$52,337$49,334$46,508$37,424
7 years$49,985$46,630$43,492$40,561$37,823$29,202
8 years$43,296$39,970$36,885$34,025$31,378$23,215
9 years$38,095$34,801$31,769$28,982$26,425$18,711
10 years$33,937$30,676$27,697$24,983$22,515$15,240
11 years$30,538$27,309$24,384$21,742$19,364$12,515
12 years$27,707$24,511$21,640$19,071$16,780$10,343
13 years$25,313$22,151$19,334$16,837$14,633$8,593
14 years$23,263$20,134$17,372$14,946$12,827$7,168
15 years$21,488$18,393$15,684$13,329$11,294$6,001
16 years$19,937$16,875$14,220$11,935$9,982$5,037
17 years$18,569$15,542$12,940$10,723$8,850$4,238
18 years$17,355$14,361$11,812$9,664$7,869$3,573
19 years$16,270$13,310$10,814$8,732$7,014$3,017
20 years$15,294$12,368$9,924$7,909$6,265$2,551
21 years$14,413$11,520$9,128$7,178$5,607$2,160
22 years$13,612$10,754$8,413$6,526$5,026$1,830
23 years$12,883$10,058$7,768$5,943$4,511$1,552
24 years$12,215$9,424$7,184$5,421$4,055$1,317
25 years$11,602$8,844$6,654$4,951$3,649$1,118
26 years$11,036$8,311$6,171$4,527$3,287$950
27 years$10,514$7,822$5,731$4,143$2,963$807
28 years$10,030$7,371$5,327$3,796$2,674$686
29 years$9,579$6,953$4,957$3,481$2,414$583
30 years$9,160$6,567$4,618$3,195$2,181$496
31 years$8,769$6,208$4,305$2,934$1,972$422
32 years$8,402$5,874$4,017$2,697$1,784$359
33 years$8,059$5,563$3,750$2,480$1,615$306
34 years$7,736$5,272$3,504$2,282$1,462$260
35 years$7,433$5,000$3,276$2,100$1,324$222
36 years$7,147$4,746$3,065$1,934$1,200$189
37 years$6,877$4,508$2,868$1,782$1,087$161
38 years$6,622$4,284$2,686$1,643$986$137
39 years$6,381$4,074$2,517$1,515$894$116
40 years$6,152$3,876$2,359$1,397$811$99
41 years$5,935$3,689$2,212$1,289$736$84
42 years$5,729$3,514$2,075$1,190$667$72
43 years$5,533$3,348$1,947$1,098$606$61
44 years$5,347$3,191$1,828$1,014$550$52
45 years$5,169$3,043$1,716$936$499$44
46 years$4,999$2,903$1,612$865$453$38
47 years$4,838$2,770$1,514$799$412$32
48 years$4,683$2,645$1,423$738$374$27
49 years$4,535$2,525$1,337$682$339$23
50 years$4,394$2,412$1,257$631$308$20

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 $2,301 every year, while hoping to spend $52,581 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: 62/21/17 Blend
39$4,500,000$4,500,000$4,500,000$4,500,000
40$4,961,373$4,722,873$4,653,123$5,247,553
41$5,411,488$4,898,349$4,753,057$5,615,923
42$5,905,751$5,080,660$4,854,577$6,011,761
43$6,448,612$5,270,086$4,957,679$6,442,652
44$7,044,970$5,466,919$5,062,360$6,912,009
45$7,700,222$5,671,463$5,168,614$7,423,583
46$8,420,314$5,884,035$5,276,433$7,981,508
47$9,211,798$6,104,964$5,385,805$8,590,329
48$10,081,891$6,334,597$5,496,719$9,255,052
49$11,038,543$6,573,292$5,609,159$9,981,186
50$12,090,516$6,821,424$5,723,107$10,774,796
51$13,247,460$7,079,386$5,838,542$11,642,559
52$14,520,009$7,347,584$5,955,442$12,591,826
53$15,919,880$7,626,445$6,073,779$13,630,691
54$17,459,980$7,916,413$6,193,523$14,768,068
55$19,154,533$8,217,953$6,314,641$16,013,769
56$21,019,210$8,531,547$6,437,096$17,378,603
57$23,071,278$8,857,702$6,560,848$18,874,471
58$25,329,763$9,196,943$6,685,850$20,514,481
59$27,815,627$9,549,821$6,812,054$22,313,069
60$30,551,969$9,916,911$6,939,406$24,286,133
61$33,564,241$10,298,811$7,067,848$26,451,185
62$36,880,489$10,696,148$7,197,316$28,827,513
63$40,531,613$11,109,574$7,327,740$31,436,364
64$44,551,666$11,539,771$7,459,048$34,301,139
65$48,978,167$11,987,451$7,591,157$37,447,617
66$53,852,462$12,453,358$7,723,983$40,904,196
67$59,220,108$12,938,268$7,857,432$44,702,157
68$65,131,308$13,442,991$7,991,404$48,875,961
69$71,641,378$13,968,374$8,125,793$53,463,572
70$78,811,276$14,515,302$8,260,484$58,506,813
71$86,708,171$15,084,697$8,395,355$64,051,759
72$95,406,081$15,677,524$8,530,276$70,149,172
73$104,986,569$16,294,790$8,665,108$76,854,976
74$115,539,512$16,937,548$8,799,702$84,230,786
75$127,163,951$17,606,897$8,933,901$92,344,486
76$139,969,024$18,303,985$9,067,537$101,270,866
77$154,074,997$19,030,012$9,200,432$111,092,330
78$169,614,397$19,786,233$9,332,397$121,899,669
79$186,733,264$20,573,957$9,463,230$133,792,918
80$205,592,528$21,394,552$9,592,720$146,882,295
81$226,369,530$22,249,450$9,720,641$161,289,242
82$249,259,694$23,140,144$9,846,753$177,147,568
83$274,478,368$24,068,197$9,970,805$194,604,710
84$302,262,865$25,035,241$10,092,530$213,823,119
85$332,874,692$26,042,983$10,211,645$234,981,798
86$366,602,028$27,093,207$10,327,853$258,277,980
87$403,762,437$28,187,776$10,440,838$283,928,995
88$444,705,869$29,328,640$10,550,269$312,174,314
89$489,817,959$30,517,835$10,655,795$343,277,807
90$539,523,674$31,757,492$10,757,047$377,530,232
91$594,291,317$33,049,837$10,853,636$415,251,975
92$654,636,950$34,397,198$10,945,152$456,796,073
93$721,129,267$35,802,009$11,031,163$502,551,540
94$794,394,961$37,266,816$11,111,215$552,947,040
95$875,124,636$38,794,279$11,184,829$608,454,924
96$964,079,331$40,387,181$11,251,504$669,595,690
97$1,062,097,703$42,048,433$11,310,709$736,942,890
98$1,170,103,941$43,781,078$11,361,890$811,128,542
99$1,289,116,491$45,588,300$11,404,462$892,849,087
100$1,420,257,674$47,473,426$11,437,811$982,871,966