Can I retire at age 40 with 5,100,000?

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 $5,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$421,153$417,402$413,742$410,169$406,681$394,929
2 years$208,492$204,609$200,846$197,197$193,658$181,911
3 years$137,614$133,714$129,960$126,346$122,864$111,491
4 years$102,182$98,294$94,578$91,025$87,628$76,716
5 years$80,928$77,064$73,396$69,916$66,613$56,192
6 years$66,764$62,928$59,315$55,912$52,709$42,787
7 years$56,650$52,847$49,291$45,969$42,866$33,445
8 years$49,068$45,300$41,803$38,562$35,562$26,635
9 years$43,175$39,442$36,005$32,846$29,948$21,507
10 years$38,462$34,766$31,390$28,314$25,517$17,550
11 years$34,610$30,950$27,635$24,641$21,946$14,439
12 years$31,401$27,779$24,525$21,614$19,018$11,957
13 years$28,688$25,104$21,912$19,082$16,584$9,954
14 years$26,365$22,819$19,688$16,939$14,537$8,321
15 years$24,353$20,846$17,775$15,106$12,800$6,980
16 years$22,595$19,125$16,116$13,526$11,312$5,872
17 years$21,045$17,614$14,665$12,153$10,030$4,952
18 years$19,669$16,276$13,387$10,952$8,919$4,184
19 years$18,439$15,084$12,255$9,896$7,949$3,541
20 years$17,333$14,017$11,247$8,963$7,101$3,001
21 years$16,334$13,056$10,345$8,135$6,354$2,546
22 years$15,427$12,188$9,535$7,396$5,696$2,162
23 years$14,601$11,399$8,804$6,736$5,113$1,838
24 years$13,844$10,680$8,142$6,144$4,595$1,563
25 years$13,149$10,023$7,541$5,611$4,135$1,331
26 years$12,508$9,420$6,994$5,130$3,725$1,133
27 years$11,916$8,865$6,495$4,696$3,358$965
28 years$11,367$8,353$6,038$4,302$3,030$823
29 years$10,857$7,881$5,618$3,945$2,736$701
30 years$10,381$7,442$5,233$3,621$2,472$598
31 years$9,938$7,035$4,879$3,325$2,235$510
32 years$9,523$6,657$4,552$3,056$2,022$435
33 years$9,133$6,304$4,250$2,810$1,830$371
34 years$8,768$5,975$3,971$2,586$1,657$317
35 years$8,424$5,667$3,713$2,380$1,501$270
36 years$8,100$5,379$3,473$2,192$1,360$231
37 years$7,794$5,109$3,251$2,020$1,232$197
38 years$7,505$4,855$3,044$1,862$1,117$168
39 years$7,232$4,617$2,852$1,717$1,013$143
40 years$6,973$4,393$2,673$1,583$919$122
41 years$6,727$4,181$2,507$1,461$834$105
42 years$6,493$3,982$2,351$1,348$756$89
43 years$6,271$3,794$2,207$1,245$686$76
44 years$6,060$3,617$2,071$1,149$623$65
45 years$5,858$3,449$1,945$1,061$566$56
46 years$5,666$3,290$1,827$980$514$47
47 years$5,483$3,140$1,716$906$466$41
48 years$5,307$2,997$1,613$837$424$35
49 years$5,140$2,862$1,516$773$385$30
50 years$4,979$2,734$1,425$715$349$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $5,100,000, adding $3,335 every year, while hoping to spend $30,468 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: 80/5/15 Blend
39$5,100,000$5,100,000$5,100,000$5,100,000
40$5,623,640$5,353,340$5,274,290$6,055,924
41$6,164,834$5,583,236$5,418,561$6,570,658
42$6,760,208$5,823,376$5,566,644$7,131,183
43$7,415,257$6,074,229$5,718,634$7,745,487
44$8,136,034$6,336,287$5,874,630$8,418,950
45$8,929,210$6,610,066$6,034,731$9,157,493
46$9,802,134$6,896,104$6,199,039$9,967,640
47$10,762,904$7,194,965$6,367,658$10,856,577
48$11,820,442$7,507,240$6,540,697$11,832,216
49$12,984,581$7,833,548$6,718,264$12,903,276
50$14,266,153$8,174,537$6,900,470$14,079,357
51$15,677,095$8,530,884$7,087,431$15,371,038
52$17,230,561$8,903,299$7,279,262$16,789,970
53$18,941,044$9,292,527$7,476,083$18,348,987
54$20,824,515$9,699,345$7,678,016$20,062,229
55$22,898,571$10,124,569$7,885,186$21,945,273
56$25,182,605$10,569,053$8,097,719$24,015,278
57$27,697,984$11,033,690$8,315,746$26,291,152
58$30,468,255$11,519,417$8,539,400$28,793,720
59$33,519,363$12,027,215$8,768,816$31,545,930
60$36,879,900$12,558,110$9,004,133$34,573,064
61$40,581,371$13,113,178$9,245,492$37,902,975
62$44,658,493$13,693,546$9,493,038$41,566,351
63$49,149,523$14,300,393$9,746,919$45,597,004
64$54,096,617$14,934,955$10,007,284$50,032,188
65$59,546,231$15,598,527$10,274,287$54,912,950
66$65,549,556$16,292,465$10,548,085$60,284,516
67$72,163,003$17,018,188$10,828,838$66,196,716
68$79,448,735$17,777,184$11,116,710$72,704,457
69$87,475,252$18,571,013$11,411,865$79,868,238
70$96,318,040$19,401,305$11,714,475$87,754,717
71$106,060,283$20,269,771$12,024,713$96,437,347
72$116,793,645$21,178,203$12,342,754$105,997,062
73$128,619,139$22,128,477$12,668,778$116,523,039
74$141,648,078$23,122,560$13,002,970$128,113,545
75$156,003,128$24,162,511$13,345,515$140,876,859
76$171,819,461$25,250,489$13,696,604$154,932,291
77$189,246,037$26,388,754$14,056,431$170,411,314
78$208,447,006$27,579,675$14,425,194$187,458,797
79$229,603,255$28,825,734$14,803,093$206,234,373
80$252,914,124$30,129,532$15,190,334$226,913,946
81$278,599,279$31,493,793$15,587,124$249,691,351
82$306,900,788$32,921,372$15,993,676$274,780,179
83$338,085,410$34,415,260$16,410,205$302,415,793
84$372,447,106$35,978,593$16,836,932$332,857,549
85$410,309,821$37,614,653$17,274,078$366,391,243
86$452,030,535$39,326,884$17,721,873$403,331,807
87$498,002,639$41,118,891$18,180,545$444,026,278
88$548,659,645$42,994,453$18,650,330$488,857,075
89$604,479,279$44,957,531$19,131,466$538,245,606
90$665,987,991$47,012,276$19,624,195$592,656,246
91$733,765,923$49,163,035$20,128,763$652,600,715
92$808,452,391$51,414,366$20,645,420$718,642,911
93$890,751,911$53,771,047$21,174,418$791,404,226
94$981,440,860$56,238,083$21,716,015$871,569,417
95$1,081,374,798$58,820,719$22,270,472$959,893,062
96$1,191,496,548$61,524,454$22,838,053$1,057,206,681
97$1,312,845,093$64,355,050$23,419,025$1,164,426,590
98$1,446,565,391$67,318,545$24,013,661$1,282,562,540
99$1,593,919,177$70,421,271$24,622,235$1,412,727,253
100$1,756,296,880$73,669,859$25,245,026$1,556,146,921