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%15.6%
1 years$379,864$376,480$373,179$369,957$366,810$358,380
2 years$188,051$184,549$181,155$177,864$174,672$166,224
3 years$124,122$120,605$117,219$113,959$110,819$102,619
4 years$92,164$88,657$85,306$82,101$79,037$71,147
5 years$72,994$69,508$66,201$63,062$60,083$52,526
6 years$60,218$56,759$53,500$50,431$47,541$40,325
7 years$51,096$47,666$44,459$41,462$38,664$31,789
8 years$44,258$40,859$37,704$34,781$32,075$25,539
9 years$38,942$35,575$32,475$29,626$27,012$20,810
10 years$34,692$31,357$28,312$25,538$23,016$17,141
11 years$31,216$27,916$24,926$22,226$19,794$14,239
12 years$28,322$25,056$22,121$19,495$17,153$11,908
13 years$25,876$22,643$19,764$17,211$14,958$10,013
14 years$23,780$20,582$17,758$15,278$13,112$8,457
15 years$21,966$18,802$16,033$13,625$11,545$7,170
16 years$20,380$17,250$14,536$12,200$10,203$6,097
17 years$18,982$15,887$13,227$10,962$9,047$5,197
18 years$17,740$14,680$12,075$9,879$8,044$4,440
19 years$16,631$13,605$11,054$8,926$7,170$3,800
20 years$15,634$12,643$10,145$8,084$6,404$3,258
21 years$14,733$11,776$9,331$7,337$5,731$2,796
22 years$13,915$10,993$8,600$6,671$5,137$2,403
23 years$13,169$10,281$7,941$6,075$4,611$2,066
24 years$12,487$9,633$7,344$5,541$4,145$1,779
25 years$11,860$9,040$6,802$5,061$3,730$1,532
26 years$11,282$8,496$6,308$4,627$3,360$1,320
27 years$10,748$7,996$5,858$4,235$3,029$1,139
28 years$10,252$7,534$5,446$3,880$2,733$982
29 years$9,792$7,108$5,068$3,558$2,468$848
30 years$9,364$6,713$4,720$3,266$2,230$732
31 years$8,963$6,346$4,401$2,999$2,016$632
32 years$8,589$6,004$4,106$2,756$1,824$546
33 years$8,238$5,686$3,834$2,535$1,650$472
34 years$7,908$5,389$3,582$2,332$1,494$407
35 years$7,598$5,112$3,349$2,147$1,353$352
36 years$7,306$4,852$3,133$1,977$1,226$304
37 years$7,030$4,608$2,932$1,822$1,111$263
38 years$6,769$4,379$2,746$1,679$1,008$227
39 years$6,523$4,164$2,573$1,548$914$197
40 years$6,289$3,962$2,411$1,428$829$170
41 years$6,067$3,771$2,261$1,318$752$147
42 years$5,856$3,592$2,121$1,216$682$127
43 years$5,656$3,422$1,990$1,122$619$110
44 years$5,465$3,262$1,868$1,036$562$95
45 years$5,284$3,111$1,754$957$510$82
46 years$5,110$2,967$1,648$884$463$71
47 years$4,945$2,832$1,548$817$421$62
48 years$4,787$2,703$1,455$755$382$53
49 years$4,636$2,582$1,367$698$347$46
50 years$4,491$2,466$1,285$645$315$40

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 $5,690 every year, while hoping to spend $56,060 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: 82/5/13 Blend
39$4,600,000$4,600,000$4,600,000$4,600,000
40$5,075,069$4,831,269$4,759,969$5,478,430
41$5,533,079$5,008,354$4,859,781$5,920,930
42$6,035,927$5,192,237$4,961,057$6,398,745
43$6,588,127$5,383,192$5,063,788$6,921,729
44$7,194,652$5,581,505$5,167,962$7,494,388
45$7,860,981$5,787,473$5,273,563$8,121,687
46$8,593,149$6,001,407$5,380,574$8,809,093
47$9,397,803$6,223,629$5,488,977$9,562,630
48$10,282,269$6,454,477$5,598,748$10,388,929
49$11,254,616$6,694,302$5,709,861$11,295,300
50$12,323,735$6,943,471$5,822,289$12,289,790
51$13,499,419$7,202,364$5,936,000$13,381,267
52$14,792,462$7,471,382$6,050,958$14,579,499
53$16,214,752$7,750,939$6,167,124$15,895,246
54$17,779,389$8,041,467$6,284,455$17,340,364
55$19,500,808$8,343,420$6,402,905$18,927,913
56$21,394,911$8,657,268$6,522,423$20,672,282
57$23,479,220$8,983,503$6,642,953$22,589,322
58$25,773,043$9,322,637$6,764,434$24,696,501
59$28,297,653$9,675,206$6,886,802$27,013,060
60$31,076,489$10,041,766$7,009,986$29,560,201
61$34,135,380$10,422,902$7,133,909$32,361,283
62$37,502,783$10,819,219$7,258,490$35,442,045
63$41,210,058$11,231,351$7,383,640$38,830,844
64$45,291,758$11,659,962$7,509,266$42,558,926
65$49,785,957$12,105,739$7,635,266$46,660,721
66$54,734,609$12,569,405$7,761,531$51,174,162
67$60,183,943$13,051,710$7,887,947$56,141,049
68$66,184,902$13,553,440$8,014,390$61,607,440
69$72,793,618$14,075,414$8,140,727$67,624,084
70$80,071,944$14,618,487$8,266,820$74,246,901
71$88,088,042$15,183,553$8,392,518$81,537,511
72$96,917,018$15,771,542$8,517,662$89,563,812
73$106,641,635$16,383,429$8,642,085$98,400,619
74$117,353,094$17,020,229$8,765,607$108,130,376
75$129,151,893$17,683,004$8,888,038$118,843,928
76$142,148,776$18,372,861$9,009,178$130,641,378
77$156,465,778$19,090,958$9,128,812$143,633,035
78$172,237,376$19,838,504$9,246,716$157,940,450
79$189,611,758$20,616,760$9,362,651$173,697,568
80$208,752,221$21,427,045$9,476,363$191,051,985
81$229,838,713$22,270,736$9,587,587$210,166,348
82$253,069,531$23,149,271$9,696,041$231,219,882
83$278,663,192$24,064,154$9,801,426$254,410,089
84$306,860,494$25,016,954$9,903,430$279,954,603
85$337,926,790$26,009,311$10,001,722$308,093,251
86$372,154,495$27,042,939$10,095,951$339,090,313
87$409,865,839$28,119,629$10,185,751$373,237,016
88$451,415,916$29,241,252$10,270,735$410,854,282
89$497,196,028$30,409,762$10,350,494$452,295,757
90$547,637,387$31,627,204$10,424,599$497,951,151
91$603,215,176$32,895,713$10,492,599$548,249,910
92$664,453,041$34,217,519$10,554,018$603,665,276
93$731,928,030$35,594,957$10,608,356$664,718,749
94$806,276,043$37,030,464$10,655,090$731,985,012
95$888,197,831$38,526,588$10,693,667$806,097,350
96$978,465,613$40,085,994$10,723,508$887,753,635
97$1,077,930,364$41,711,466$10,744,004$977,722,908
98$1,187,529,849$43,405,916$10,754,516$1,076,852,638
99$1,308,297,475$45,172,387$10,754,374$1,186,076,724
100$1,441,372,045$47,014,062$10,742,874$1,306,424,306