Can I retire at age 40 with 4,900,000?

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 $4,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$404,637$401,033$397,517$394,084$390,733$382,687
2 years$200,316$196,585$192,969$189,464$186,063$177,994
3 years$132,217$128,470$124,864$121,391$118,046$110,205
4 years$98,175$94,439$90,869$87,456$84,192$76,639
5 years$77,754$74,042$70,518$67,174$64,001$56,758
6 years$64,145$60,461$56,989$53,720$50,642$43,717
7 years$54,429$50,775$47,358$44,166$41,185$34,580
8 years$47,144$43,523$40,163$37,050$34,167$27,879
9 years$41,482$37,895$34,593$31,558$28,774$22,798
10 years$36,954$33,402$30,159$27,203$24,517$18,848
11 years$33,252$29,736$26,551$23,675$21,085$15,717
12 years$30,170$26,690$23,564$20,766$18,272$13,195
13 years$27,563$24,120$21,053$18,334$15,934$11,140
14 years$25,331$21,924$18,916$16,274$13,967$9,448
15 years$23,398$20,028$17,078$14,514$12,298$8,043
16 years$21,709$18,375$15,484$12,996$10,869$6,868
17 years$20,220$16,923$14,090$11,676$9,637$5,881
18 years$18,897$15,638$12,862$10,523$8,569$5,046
19 years$17,716$14,493$11,775$9,508$7,638$4,338
20 years$16,654$13,467$10,806$8,612$6,822$3,736
21 years$15,694$12,544$9,940$7,816$6,105$3,221
22 years$14,822$11,710$9,161$7,106$5,472$2,781
23 years$14,028$10,952$8,459$6,472$4,912$2,403
24 years$13,301$10,261$7,823$5,903$4,415$2,078
25 years$12,633$9,630$7,245$5,391$3,973$1,798
26 years$12,017$9,050$6,720$4,929$3,579$1,557
27 years$11,448$8,517$6,240$4,512$3,227$1,350
28 years$10,921$8,026$5,801$4,134$2,911$1,170
29 years$10,431$7,571$5,398$3,791$2,629$1,015
30 years$9,974$7,150$5,028$3,479$2,375$880
31 years$9,548$6,760$4,688$3,195$2,148$764
32 years$9,149$6,396$4,374$2,936$1,943$663
33 years$8,775$6,057$4,084$2,700$1,758$576
34 years$8,424$5,741$3,816$2,484$1,592$500
35 years$8,094$5,445$3,567$2,287$1,442$434
36 years$7,782$5,168$3,337$2,106$1,306$377
37 years$7,489$4,908$3,123$1,941$1,184$328
38 years$7,211$4,665$2,925$1,789$1,073$285
39 years$6,948$4,436$2,740$1,649$973$248
40 years$6,699$4,220$2,569$1,521$883$215
41 years$6,463$4,017$2,408$1,404$801$187
42 years$6,238$3,826$2,259$1,295$727$163
43 years$6,025$3,645$2,120$1,196$660$141
44 years$5,822$3,475$1,990$1,104$599$123
45 years$5,628$3,314$1,869$1,020$544$107
46 years$5,444$3,161$1,755$942$493$93
47 years$5,268$3,017$1,649$870$448$81
48 years$5,099$2,880$1,549$804$407$70
49 years$4,938$2,750$1,456$743$370$61
50 years$4,784$2,627$1,369$687$336$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $4,900,000, adding $4,233 every year, while hoping to spend $51,896 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: 45/25/30 Blend
39$4,900,000$4,900,000$4,900,000$4,900,000
40$5,404,166$5,144,466$5,068,516$5,600,258
41$5,900,174$5,341,328$5,183,095$5,937,444
42$6,445,036$5,546,097$5,299,772$6,297,636
43$7,043,679$5,759,105$5,418,564$6,687,318
44$7,701,533$5,980,701$5,539,485$7,109,279
45$8,424,580$6,211,245$5,662,548$7,566,584
46$9,219,408$6,451,117$5,787,764$8,062,603
47$10,093,277$6,700,711$5,915,144$8,601,044
48$11,054,187$6,960,441$6,044,696$9,185,984
49$12,110,947$7,230,737$6,176,427$9,821,907
50$13,273,269$7,512,047$6,310,342$10,513,748
51$14,551,847$7,804,843$6,446,444$11,266,936
52$15,958,469$8,109,614$6,584,733$12,087,444
53$17,506,120$8,426,872$6,725,209$12,981,847
54$19,209,107$8,757,152$6,867,867$13,957,377
55$21,083,197$9,101,012$7,012,700$15,021,999
56$23,145,758$9,459,037$7,159,701$16,184,476
57$25,415,931$9,831,836$7,308,857$17,454,456
58$27,914,805$10,220,045$7,460,152$18,842,559
59$30,665,617$10,624,329$7,613,570$20,360,478
60$33,693,972$11,045,383$7,769,086$22,021,086
61$37,028,084$11,483,934$7,926,678$23,838,557
62$40,699,041$11,940,739$8,086,314$25,828,498
63$44,741,100$12,416,592$8,247,962$28,008,094
64$49,192,008$12,912,320$8,411,584$30,396,269
65$54,093,358$13,428,790$8,577,138$33,013,865
66$59,490,985$13,966,905$8,744,576$35,883,833
67$65,435,394$14,527,611$8,913,847$39,031,451
68$71,982,236$15,111,896$9,084,893$42,484,557
69$79,192,838$15,720,793$9,257,651$46,273,815
70$87,134,776$16,355,380$9,432,051$50,432,998
71$95,882,516$17,016,787$9,608,018$54,999,306
72$105,518,115$17,706,192$9,785,469$60,013,716
73$116,131,997$18,424,830$9,964,316$65,521,365
74$127,823,802$19,173,987$10,144,462$71,571,972
75$140,703,331$19,955,014$10,325,803$78,220,309
76$154,891,579$20,769,318$10,508,226$85,526,713
77$170,521,879$21,618,373$10,691,610$93,557,653
78$187,741,156$22,503,720$10,875,825$102,386,353
79$206,711,321$23,426,968$11,060,731$112,093,484
80$227,610,790$24,389,804$11,246,180$122,767,918
81$250,636,175$25,393,989$11,432,012$134,507,569
82$276,004,135$26,441,365$11,618,055$147,420,307
83$303,953,424$27,533,859$11,804,127$161,624,981
84$334,747,142$28,673,487$11,990,033$177,252,530
85$368,675,219$29,862,356$12,175,568$194,447,219
86$406,057,151$31,102,671$12,360,509$213,367,997
87$447,245,018$32,396,740$12,544,624$234,189,994
88$492,626,804$33,746,974$12,727,663$257,106,165
89$542,630,059$35,155,897$12,909,361$282,329,115
90$597,725,940$36,626,150$13,089,439$310,093,095
91$658,433,650$38,160,496$13,267,599$340,656,211
92$725,325,346$39,761,824$13,443,527$374,302,857
93$799,031,536$41,433,158$13,616,890$411,346,392
94$880,247,032$43,177,662$13,787,335$452,132,094
95$969,737,508$44,998,646$13,954,490$497,040,415
96$1,068,346,729$46,899,575$14,117,961$546,490,564
97$1,177,004,515$48,884,074$14,277,332$600,944,460
98$1,296,735,517$50,955,935$14,432,164$660,911,089
99$1,428,668,892$53,119,128$14,581,994$726,951,297
100$1,574,048,962$55,377,808$14,726,334$799,683,082