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%13.8%
1 years$379,864$376,480$373,179$369,957$366,810$361,031
2 years$188,051$184,549$181,155$177,864$174,672$168,864
3 years$124,122$120,605$117,219$113,959$110,819$105,164
4 years$92,164$88,657$85,306$82,101$79,037$73,578
5 years$72,994$69,508$66,201$63,062$60,083$54,835
6 years$60,218$56,759$53,500$50,431$47,541$42,512
7 years$51,096$47,666$44,459$41,462$38,664$33,854
8 years$44,258$40,859$37,704$34,781$32,075$27,484
9 years$38,942$35,575$32,475$29,626$27,012$22,637
10 years$34,692$31,357$28,312$25,538$23,016$18,853
11 years$31,216$27,916$24,926$22,226$19,794$15,840
12 years$28,322$25,056$22,121$19,495$17,153$13,402
13 years$25,876$22,643$19,764$17,211$14,958$11,405
14 years$23,780$20,582$17,758$15,278$13,112$9,751
15 years$21,966$18,802$16,033$13,625$11,545$8,370
16 years$20,380$17,250$14,536$12,200$10,203$7,208
17 years$18,982$15,887$13,227$10,962$9,047$6,225
18 years$17,740$14,680$12,075$9,879$8,044$5,388
19 years$16,631$13,605$11,054$8,926$7,170$4,674
20 years$15,634$12,643$10,145$8,084$6,404$4,061
21 years$14,733$11,776$9,331$7,337$5,731$3,533
22 years$13,915$10,993$8,600$6,671$5,137$3,078
23 years$13,169$10,281$7,941$6,075$4,611$2,685
24 years$12,487$9,633$7,344$5,541$4,145$2,344
25 years$11,860$9,040$6,802$5,061$3,730$2,048
26 years$11,282$8,496$6,308$4,627$3,360$1,791
27 years$10,748$7,996$5,858$4,235$3,029$1,567
28 years$10,252$7,534$5,446$3,880$2,733$1,372
29 years$9,792$7,108$5,068$3,558$2,468$1,201
30 years$9,364$6,713$4,720$3,266$2,230$1,053
31 years$8,963$6,346$4,401$2,999$2,016$923
32 years$8,589$6,004$4,106$2,756$1,824$809
33 years$8,238$5,686$3,834$2,535$1,650$709
34 years$7,908$5,389$3,582$2,332$1,494$622
35 years$7,598$5,112$3,349$2,147$1,353$546
36 years$7,306$4,852$3,133$1,977$1,226$479
37 years$7,030$4,608$2,932$1,822$1,111$421
38 years$6,769$4,379$2,746$1,679$1,008$369
39 years$6,523$4,164$2,573$1,548$914$324
40 years$6,289$3,962$2,411$1,428$829$285
41 years$6,067$3,771$2,261$1,318$752$250
42 years$5,856$3,592$2,121$1,216$682$219
43 years$5,656$3,422$1,990$1,122$619$193
44 years$5,465$3,262$1,868$1,036$562$169
45 years$5,284$3,111$1,754$957$510$149
46 years$5,110$2,967$1,648$884$463$131
47 years$4,945$2,832$1,548$817$421$115
48 years$4,787$2,703$1,455$755$382$101
49 years$4,636$2,582$1,367$698$347$89
50 years$4,491$2,466$1,285$645$315$78

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 $3,472 every year, while hoping to spend $32,877 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: 68/6/26 Blend
39$4,600,000$4,600,000$4,600,000$4,600,000
40$5,072,781$4,828,981$4,757,681$5,383,422
41$5,555,224$5,030,621$4,882,083$5,794,188
42$6,085,774$5,241,038$5,009,550$6,239,346
43$6,669,304$5,460,630$5,140,150$6,725,627
44$7,311,181$5,689,809$5,273,954$7,257,097
45$8,017,320$5,929,008$5,411,030$7,838,237
46$8,794,239$6,178,681$5,551,451$8,473,976
47$9,649,116$6,439,301$5,695,289$9,169,745
48$10,589,863$6,711,364$5,842,619$9,931,524
49$11,625,197$6,995,390$5,993,515$10,765,897
50$12,764,724$7,291,920$6,148,054$11,680,116
51$14,019,025$7,601,523$6,306,313$12,682,170
52$15,399,762$7,924,795$6,468,372$13,780,855
53$16,919,785$8,262,357$6,634,309$14,985,860
54$18,593,251$8,614,861$6,804,207$16,307,858
55$20,435,762$8,982,988$6,978,147$17,758,605
56$22,464,508$9,367,453$7,156,213$19,351,050
57$24,698,432$9,769,002$7,338,490$21,099,458
58$27,158,406$10,188,417$7,525,063$23,019,542
59$29,867,430$10,626,516$7,716,019$25,128,614
60$32,850,849$11,084,156$7,911,447$27,445,742
61$36,136,590$11,562,235$8,111,435$29,991,935
62$39,755,428$12,061,690$8,316,074$32,790,338
63$43,741,274$12,583,505$8,525,455$35,866,449
64$48,131,497$13,128,709$8,739,670$39,248,359
65$52,967,273$13,698,380$8,958,813$42,967,019
66$58,293,979$14,293,644$9,182,977$47,056,529
67$64,161,616$14,915,685$9,412,259$51,554,457
68$70,625,284$15,565,737$9,646,753$56,502,196
69$77,745,701$16,245,096$9,886,557$61,945,355
70$85,589,775$16,955,117$10,131,768$67,934,182
71$94,231,235$17,697,221$10,382,486$74,524,044
72$103,751,330$18,472,894$10,638,808$81,775,947
73$114,239,593$19,283,693$10,900,836$89,757,106
74$125,794,686$20,131,249$11,168,668$98,541,586
75$138,525,333$21,017,269$11,442,407$108,210,994
76$152,551,342$21,943,540$11,722,153$118,855,250
77$168,004,741$22,911,936$12,008,008$130,573,437
78$185,031,022$23,924,418$12,300,073$143,474,730
79$203,790,513$24,983,041$12,598,452$157,679,430
80$224,459,890$26,089,955$12,903,245$173,320,095
81$247,233,851$27,247,414$13,214,555$190,542,792
82$272,326,945$28,457,779$13,532,485$209,508,473
83$299,975,605$29,723,522$13,857,135$230,394,494
84$330,440,375$31,047,233$14,188,607$253,396,287
85$364,008,370$32,431,625$14,527,002$278,729,202
86$400,995,988$33,879,538$14,872,421$306,630,541
87$441,751,894$35,393,950$15,224,962$337,361,796
88$486,660,312$36,977,979$15,584,724$371,211,111
89$536,144,656$38,634,892$15,951,804$408,496,006
90$590,671,521$40,368,112$16,326,299$449,566,372
91$650,755,089$42,181,222$16,708,303$494,807,768
92$716,961,985$44,077,979$17,097,908$544,645,062
93$789,916,627$46,062,319$17,495,207$599,546,439
94$870,307,114$48,138,364$17,900,288$660,027,817
95$958,891,729$50,310,433$18,313,237$726,657,720
96$1,056,506,093$52,583,052$18,734,138$800,062,635
97$1,164,071,056$54,960,963$19,163,073$880,932,932
98$1,282,601,387$57,449,134$19,600,119$970,029,372
99$1,413,215,357$60,052,770$20,045,352$1,068,190,291
100$1,557,145,294$62,777,326$20,498,842$1,176,339,508