Can I retire at age 40 with 4,600,000?

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 $4,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$379,864$376,480$373,179$369,957$366,810$363,737
2 years$188,051$184,549$181,155$177,864$174,672$171,574
3 years$124,122$120,605$117,219$113,959$110,819$107,793
4 years$92,164$88,657$85,306$82,101$79,037$76,106
5 years$72,994$69,508$66,201$63,062$60,083$57,256
6 years$60,218$56,759$53,500$50,431$47,541$44,822
7 years$51,096$47,666$44,459$41,462$38,664$36,053
8 years$44,258$40,859$37,704$34,781$32,075$29,573
9 years$38,942$35,575$32,475$29,626$27,012$24,617
10 years$34,692$31,357$28,312$25,538$23,016$20,727
11 years$31,216$27,916$24,926$22,226$19,794$17,610
12 years$28,322$25,056$22,121$19,495$17,153$15,072
13 years$25,876$22,643$19,764$17,211$14,958$12,977
14 years$23,780$20,582$17,758$15,278$13,112$11,229
15 years$21,966$18,802$16,033$13,625$11,545$9,757
16 years$20,380$17,250$14,536$12,200$10,203$8,508
17 years$18,982$15,887$13,227$10,962$9,047$7,441
18 years$17,740$14,680$12,075$9,879$8,044$6,524
19 years$16,631$13,605$11,054$8,926$7,170$5,734
20 years$15,634$12,643$10,145$8,084$6,404$5,048
21 years$14,733$11,776$9,331$7,337$5,731$4,452
22 years$13,915$10,993$8,600$6,671$5,137$3,932
23 years$13,169$10,281$7,941$6,075$4,611$3,477
24 years$12,487$9,633$7,344$5,541$4,145$3,078
25 years$11,860$9,040$6,802$5,061$3,730$2,728
26 years$11,282$8,496$6,308$4,627$3,360$2,420
27 years$10,748$7,996$5,858$4,235$3,029$2,148
28 years$10,252$7,534$5,446$3,880$2,733$1,907
29 years$9,792$7,108$5,068$3,558$2,468$1,695
30 years$9,364$6,713$4,720$3,266$2,230$1,507
31 years$8,963$6,346$4,401$2,999$2,016$1,341
32 years$8,589$6,004$4,106$2,756$1,824$1,193
33 years$8,238$5,686$3,834$2,535$1,650$1,062
34 years$7,908$5,389$3,582$2,332$1,494$946
35 years$7,598$5,112$3,349$2,147$1,353$843
36 years$7,306$4,852$3,133$1,977$1,226$751
37 years$7,030$4,608$2,932$1,822$1,111$669
38 years$6,769$4,379$2,746$1,679$1,008$596
39 years$6,523$4,164$2,573$1,548$914$532
40 years$6,289$3,962$2,411$1,428$829$474
41 years$6,067$3,771$2,261$1,318$752$423
42 years$5,856$3,592$2,121$1,216$682$377
43 years$5,656$3,422$1,990$1,122$619$336
44 years$5,465$3,262$1,868$1,036$562$300
45 years$5,284$3,111$1,754$957$510$268
46 years$5,110$2,967$1,648$884$463$239
47 years$4,945$2,832$1,548$817$421$213
48 years$4,787$2,703$1,455$755$382$190
49 years$4,636$2,582$1,367$698$347$170
50 years$4,491$2,466$1,285$645$315$152

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $4,600,000, adding $4,552 every year, while hoping to spend $27,092 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: 80/9/11 Blend
39$4,600,000$4,600,000$4,600,000$4,600,000
40$5,073,895$4,830,095$4,758,795$5,469,738
41$5,562,607$5,037,944$4,889,389$5,938,062
42$6,100,259$5,255,070$5,023,450$6,447,878
43$6,691,815$5,481,898$5,161,065$7,006,537
44$7,342,744$5,718,875$5,302,325$7,618,915
45$8,059,071$5,966,467$5,447,320$8,290,377
46$8,847,435$6,225,163$5,596,144$9,026,834
47$9,715,153$6,495,474$5,748,894$9,834,794
48$10,670,283$6,777,938$5,905,667$10,721,425
49$11,721,709$7,073,113$6,066,563$11,694,622
50$12,879,217$7,381,589$6,231,686$12,763,080
51$14,153,590$7,703,980$6,401,141$13,936,377
52$15,556,710$8,040,930$6,575,034$15,225,059
53$17,101,672$8,393,113$6,753,475$16,640,748
54$18,802,903$8,761,235$6,936,576$18,196,241
55$20,676,300$9,146,037$7,124,453$19,905,638
56$22,739,382$9,548,292$7,317,221$21,784,469
57$25,011,453$9,968,812$7,515,002$23,849,842
58$27,513,783$10,408,446$7,717,916$26,120,604
59$30,269,813$10,868,084$7,926,090$28,617,519
60$33,305,371$11,348,657$8,139,651$31,363,458
61$36,648,918$11,851,141$8,358,730$34,383,622
62$40,331,820$12,376,558$8,583,459$37,705,773
63$44,388,635$12,925,980$8,813,975$41,360,495
64$48,857,450$13,500,526$9,050,417$45,381,486
65$53,780,230$14,101,373$9,292,926$49,805,871
66$59,203,223$14,729,749$9,541,648$54,674,554
67$65,177,390$15,386,945$9,796,731$60,032,600
68$71,758,887$16,074,309$10,058,326$65,929,665
69$79,009,600$16,793,256$10,326,586$72,420,454
70$86,997,721$17,545,268$10,601,669$79,565,246
71$95,798,399$18,331,896$10,883,735$87,430,456
72$105,494,444$19,154,767$11,172,948$96,089,262
73$116,177,110$20,015,584$11,469,475$105,622,294
74$127,946,959$20,916,131$11,773,485$116,118,394
75$140,914,805$21,858,278$12,085,154$127,675,454
76$155,202,765$22,843,984$12,404,657$140,401,337
77$170,945,409$23,875,300$12,732,174$154,414,893
78$188,291,029$24,954,379$13,067,890$169,847,083
79$207,403,042$26,083,471$13,411,993$186,842,207
80$228,461,529$27,264,938$13,764,672$205,559,270
81$251,664,939$28,501,254$14,126,122$226,173,481
82$277,231,957$29,795,009$14,496,541$248,877,901
83$305,403,572$31,148,921$14,876,131$273,885,263
84$336,445,352$32,565,833$15,265,096$301,429,986
85$370,649,948$34,048,729$15,663,647$331,770,376
86$408,339,858$35,600,732$16,071,995$365,191,067
87$449,870,473$37,225,117$16,490,356$402,005,706
88$495,633,429$38,925,316$16,918,951$442,559,908
89$546,060,306$40,704,923$17,358,002$487,234,519
90$601,626,700$42,567,708$17,807,739$536,449,207
91$662,856,717$44,517,619$18,268,392$590,666,422
92$730,327,914$46,558,794$18,740,195$650,395,758
93$804,676,758$48,695,572$19,223,388$716,198,760
94$886,604,628$50,932,496$19,718,212$788,694,221
95$976,884,443$53,274,331$20,224,915$868,564,024
96$1,076,367,952$55,726,069$20,743,746$956,559,573
97$1,185,993,781$58,292,944$21,274,959$1,053,508,881
98$1,306,796,287$60,980,438$21,818,810$1,160,324,387
99$1,439,915,329$63,794,301$22,375,561$1,278,011,563
100$1,586,607,027$66,740,557$22,945,477$1,407,678,403