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%18%
1 years$379,864$376,480$373,179$369,957$366,810$354,927
2 years$188,051$184,549$181,155$177,864$174,672$162,810
3 years$124,122$120,605$117,219$113,959$110,819$99,352
4 years$92,164$88,657$85,306$82,101$79,037$68,053
5 years$72,994$69,508$66,201$63,062$60,083$49,611
6 years$60,218$56,759$53,500$50,431$47,541$37,590
7 years$51,096$47,666$44,459$41,462$38,664$29,232
8 years$44,258$40,859$37,704$34,781$32,075$23,157
9 years$38,942$35,575$32,475$29,626$27,012$18,596
10 years$34,692$31,357$28,312$25,538$23,016$15,090
11 years$31,216$27,916$24,926$22,226$19,794$12,343
12 years$28,322$25,056$22,121$19,495$17,153$10,161
13 years$25,876$22,643$19,764$17,211$14,958$8,407
14 years$23,780$20,582$17,758$15,278$13,112$6,984
15 years$21,966$18,802$16,033$13,625$11,545$5,822
16 years$20,380$17,250$14,536$12,200$10,203$4,866
17 years$18,982$15,887$13,227$10,962$9,047$4,076
18 years$17,740$14,680$12,075$9,879$8,044$3,421
19 years$16,631$13,605$11,054$8,926$7,170$2,876
20 years$15,634$12,643$10,145$8,084$6,404$2,421
21 years$14,733$11,776$9,331$7,337$5,731$2,040
22 years$13,915$10,993$8,600$6,671$5,137$1,720
23 years$13,169$10,281$7,941$6,075$4,611$1,452
24 years$12,487$9,633$7,344$5,541$4,145$1,226
25 years$11,860$9,040$6,802$5,061$3,730$1,036
26 years$11,282$8,496$6,308$4,627$3,360$876
27 years$10,748$7,996$5,858$4,235$3,029$741
28 years$10,252$7,534$5,446$3,880$2,733$627
29 years$9,792$7,108$5,068$3,558$2,468$530
30 years$9,364$6,713$4,720$3,266$2,230$449
31 years$8,963$6,346$4,401$2,999$2,016$380
32 years$8,589$6,004$4,106$2,756$1,824$322
33 years$8,238$5,686$3,834$2,535$1,650$272
34 years$7,908$5,389$3,582$2,332$1,494$231
35 years$7,598$5,112$3,349$2,147$1,353$195
36 years$7,306$4,852$3,133$1,977$1,226$165
37 years$7,030$4,608$2,932$1,822$1,111$140
38 years$6,769$4,379$2,746$1,679$1,008$119
39 years$6,523$4,164$2,573$1,548$914$101
40 years$6,289$3,962$2,411$1,428$829$85
41 years$6,067$3,771$2,261$1,318$752$72
42 years$5,856$3,592$2,121$1,216$682$61
43 years$5,656$3,422$1,990$1,122$619$52
44 years$5,465$3,262$1,868$1,036$562$44
45 years$5,284$3,111$1,754$957$510$37
46 years$5,110$2,967$1,648$884$463$32
47 years$4,945$2,832$1,548$817$421$27
48 years$4,787$2,703$1,455$755$382$23
49 years$4,636$2,582$1,367$698$347$19
50 years$4,491$2,466$1,285$645$315$16

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 $5,117 every year, while hoping to spend $24,760 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: 26/50/24 Blend
39$4,600,000$4,600,000$4,600,000$4,600,000
40$5,074,478$4,830,678$4,759,378$5,167,835
41$5,565,731$5,041,037$4,892,473$5,453,802
42$6,106,261$5,260,873$5,029,196$5,757,941
43$6,701,069$5,490,626$5,169,644$6,083,758
44$7,355,665$5,730,753$5,313,914$6,433,096
45$8,076,119$5,981,736$5,462,106$6,807,972
46$8,869,119$6,244,078$5,614,323$7,210,593
47$9,742,037$6,518,305$5,770,671$7,643,371
48$10,702,993$6,804,970$5,931,256$8,108,950
49$11,760,935$7,104,651$6,096,190$8,610,225
50$12,925,723$7,417,952$6,265,586$9,150,367
51$14,208,223$7,745,508$6,439,559$9,732,849
52$15,620,407$8,087,982$6,618,229$10,361,480
53$17,175,466$8,446,071$6,801,717$11,040,434
54$18,887,937$8,820,502$6,990,148$11,774,290
55$20,773,838$9,212,038$7,183,649$12,568,068
56$22,850,820$9,621,478$7,382,352$13,427,278
57$25,138,332$10,049,659$7,586,390$14,357,965
58$27,657,808$10,497,459$7,795,900$15,366,763
59$30,432,864$10,965,794$8,011,022$16,460,956
60$33,489,526$11,455,628$8,231,901$17,648,541
61$36,856,472$11,967,967$8,458,684$18,938,300
62$40,565,303$12,503,868$8,691,521$20,339,879
63$44,650,843$13,064,437$8,930,566$21,863,872
64$49,151,466$13,650,832$9,175,977$23,521,924
65$54,109,459$14,264,266$9,427,916$25,326,825
66$59,571,421$14,906,012$9,686,548$27,292,637
67$65,588,701$15,577,402$9,952,042$29,434,811
68$72,217,885$16,279,831$10,224,572$31,770,337
69$79,521,328$17,014,761$10,504,314$34,317,891
70$87,567,745$17,783,726$10,791,450$37,098,011
71$96,432,856$18,588,330$11,086,165$40,133,279
72$106,200,105$19,430,256$11,388,649$43,448,533
73$116,961,443$20,311,266$11,699,096$47,071,093
74$128,818,198$21,233,206$12,017,704$51,031,008
75$141,882,033$22,198,012$12,344,676$55,361,337
76$156,275,998$23,207,711$12,680,219$60,098,452
77$172,135,689$24,264,429$13,024,546$65,282,371
78$189,610,535$25,370,391$13,377,874$70,957,130
79$208,865,200$26,527,931$13,740,424$77,171,188
80$230,081,145$27,739,494$14,112,422$83,977,875
81$253,458,334$29,007,642$14,494,101$91,435,886
82$279,217,127$30,335,059$14,885,697$99,609,827
83$307,600,358$31,724,561$15,287,451$108,570,810
84$338,875,625$33,179,095$15,699,612$118,397,116
85$373,337,821$34,701,753$16,122,430$129,174,920
86$411,311,912$36,295,772$16,556,165$140,999,095
87$453,156,010$37,964,548$17,001,080$153,974,093
88$499,264,750$39,711,638$17,457,443$168,214,919
89$550,073,017$41,540,770$17,925,529$183,848,198
90$606,060,049$43,455,853$18,405,619$201,013,362
91$667,753,966$45,460,981$18,897,999$219,863,947
92$735,736,750$47,560,448$19,402,961$240,569,026
93$810,649,742$49,758,754$19,920,804$263,314,792
94$893,199,696$52,060,613$20,451,831$288,306,292
95$984,165,451$54,470,969$20,996,354$315,769,349
96$1,084,405,284$56,995,004$21,554,689$345,952,673
97$1,194,865,011$59,638,147$22,127,159$379,130,188
98$1,316,586,917$62,406,092$22,714,094$415,603,597
99$1,450,719,597$65,304,804$23,315,830$455,705,209
100$1,598,528,796$68,340,539$23,932,710$499,801,051