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

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 $4,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$379,864$376,480$373,179$369,957$366,810$357,074
2 years$188,051$184,549$181,155$177,864$174,672$164,930
3 years$124,122$120,605$117,219$113,959$110,819$101,377
4 years$92,164$88,657$85,306$82,101$79,037$69,968
5 years$72,994$69,508$66,201$63,062$60,083$51,411
6 years$60,218$56,759$53,500$50,431$47,541$39,276
7 years$51,096$47,666$44,459$41,462$38,664$30,805
8 years$44,258$40,859$37,704$34,781$32,075$24,619
9 years$38,942$35,575$32,475$29,626$27,012$19,951
10 years$34,692$31,357$28,312$25,538$23,016$16,342
11 years$31,216$27,916$24,926$22,226$19,794$13,497
12 years$28,322$25,056$22,121$19,495$17,153$11,221
13 years$25,876$22,643$19,764$17,211$14,958$9,379
14 years$23,780$20,582$17,758$15,278$13,112$7,873
15 years$21,966$18,802$16,033$13,625$11,545$6,633
16 years$20,380$17,250$14,536$12,200$10,203$5,604
17 years$18,982$15,887$13,227$10,962$9,047$4,746
18 years$17,740$14,680$12,075$9,879$8,044$4,028
19 years$16,631$13,605$11,054$8,926$7,170$3,424
20 years$15,634$12,643$10,145$8,084$6,404$2,915
21 years$14,733$11,776$9,331$7,337$5,731$2,485
22 years$13,915$10,993$8,600$6,671$5,137$2,120
23 years$13,169$10,281$7,941$6,075$4,611$1,811
24 years$12,487$9,633$7,344$5,541$4,145$1,548
25 years$11,860$9,040$6,802$5,061$3,730$1,324
26 years$11,282$8,496$6,308$4,627$3,360$1,132
27 years$10,748$7,996$5,858$4,235$3,029$969
28 years$10,252$7,534$5,446$3,880$2,733$830
29 years$9,792$7,108$5,068$3,558$2,468$711
30 years$9,364$6,713$4,720$3,266$2,230$609
31 years$8,963$6,346$4,401$2,999$2,016$522
32 years$8,589$6,004$4,106$2,756$1,824$448
33 years$8,238$5,686$3,834$2,535$1,650$384
34 years$7,908$5,389$3,582$2,332$1,494$329
35 years$7,598$5,112$3,349$2,147$1,353$282
36 years$7,306$4,852$3,133$1,977$1,226$242
37 years$7,030$4,608$2,932$1,822$1,111$208
38 years$6,769$4,379$2,746$1,679$1,008$178
39 years$6,523$4,164$2,573$1,548$914$153
40 years$6,289$3,962$2,411$1,428$829$131
41 years$6,067$3,771$2,261$1,318$752$113
42 years$5,856$3,592$2,121$1,216$682$97
43 years$5,656$3,422$1,990$1,122$619$83
44 years$5,465$3,262$1,868$1,036$562$71
45 years$5,284$3,111$1,754$957$510$61
46 years$5,110$2,967$1,648$884$463$52
47 years$4,945$2,832$1,548$817$421$45
48 years$4,787$2,703$1,455$755$382$39
49 years$4,636$2,582$1,367$698$347$33
50 years$4,491$2,466$1,285$645$315$28

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 $2,263 every year, while hoping to spend $52,771 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: 57/20/23 Blend
39$4,600,000$4,600,000$4,600,000$4,600,000
40$5,071,534$4,827,734$4,756,434$5,328,944
41$5,532,683$5,008,145$4,859,627$5,685,413
42$6,039,100$5,195,628$4,964,508$6,067,912
43$6,595,347$5,390,473$5,071,078$6,483,662
44$7,206,450$5,592,983$5,179,336$6,935,883
45$7,877,944$5,803,475$5,289,280$7,428,117
46$8,615,928$6,022,279$5,400,905$7,964,265
47$9,427,121$6,249,740$5,514,203$8,548,617
48$10,318,925$6,486,215$5,629,167$9,185,896
49$11,299,496$6,732,080$5,745,785$9,881,301
50$12,377,819$6,987,726$5,864,043$10,640,555
51$13,563,792$7,253,560$5,983,924$11,469,957
52$14,868,323$7,530,008$6,105,409$12,376,444
53$16,303,428$7,817,515$6,228,477$13,367,652
54$17,882,348$8,116,543$6,353,101$14,451,989
55$19,619,670$8,427,577$6,479,253$15,638,713
56$21,531,469$8,751,121$6,606,901$16,938,019
57$23,635,456$9,087,703$6,736,008$18,361,134
58$25,951,144$9,437,872$6,866,536$19,920,423
59$28,500,035$9,802,202$6,998,440$21,629,501
60$31,305,823$10,181,294$7,131,672$23,503,366
61$34,394,612$10,575,773$7,266,178$25,558,534
62$37,795,170$10,986,293$7,401,902$27,813,198
63$41,539,192$11,413,536$7,538,781$30,287,397
64$45,661,605$11,858,215$7,676,745$33,003,202
65$50,200,895$12,321,073$7,815,722$35,984,928
66$55,199,469$12,802,889$7,955,632$39,259,356
67$60,704,057$13,304,473$8,096,388$42,855,990
68$66,766,152$13,826,673$8,237,898$46,807,329
69$73,442,495$14,370,375$8,380,063$51,149,178
70$80,795,609$14,936,504$8,522,775$55,920,979
71$88,894,394$15,526,025$8,665,921$61,166,187
72$97,814,770$16,139,948$8,809,377$66,932,672
73$107,640,399$16,779,328$8,953,013$73,273,177
74$118,463,470$17,445,266$9,096,690$80,245,809
75$130,385,572$18,138,912$9,240,257$87,914,584
76$143,518,653$18,861,471$9,383,558$96,350,037
77$157,986,070$19,614,198$9,526,422$105,629,879
78$173,923,763$20,398,407$9,668,670$115,839,730
79$191,481,528$21,215,470$9,810,112$127,073,927
80$210,824,437$22,066,822$9,950,545$139,436,412
81$232,134,395$22,953,961$10,089,753$153,041,710
82$255,611,854$23,878,456$10,227,510$168,016,008
83$281,477,705$24,841,942$10,363,574$184,498,343
84$309,975,366$25,846,133$10,497,689$202,641,916
85$341,373,078$26,892,818$10,629,586$222,615,529
86$375,966,433$27,983,867$10,758,978$244,605,182
87$414,081,170$29,121,237$10,885,564$268,815,823
88$456,076,243$30,306,971$11,009,025$295,473,280
89$502,347,216$31,543,209$11,129,024$324,826,391
90$553,329,991$32,832,185$11,245,205$357,149,348
91$609,504,925$34,176,237$11,357,194$392,744,285
92$671,401,363$35,577,809$11,464,596$431,944,124
93$739,602,636$37,039,456$11,566,994$475,115,717
94$814,751,567$38,563,851$11,663,950$522,663,302
95$897,556,537$40,153,789$11,755,002$575,032,321
96$988,798,174$41,812,195$11,839,665$632,713,615
97$1,089,336,719$43,542,125$11,917,426$696,248,057
98$1,200,120,152$45,346,776$11,987,747$766,231,654
99$1,322,193,135$47,229,495$12,050,064$843,321,169
100$1,456,706,875$49,193,781$12,103,781$928,240,313