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

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 $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%15.6%
1 years$421,153$417,402$413,742$410,169$406,681$397,334
2 years$208,492$204,609$200,846$197,197$193,658$184,292
3 years$137,614$133,714$129,960$126,346$122,864$113,773
4 years$102,182$98,294$94,578$91,025$87,628$78,881
5 years$80,928$77,064$73,396$69,916$66,613$58,235
6 years$66,764$62,928$59,315$55,912$52,709$44,708
7 years$56,650$52,847$49,291$45,969$42,866$35,244
8 years$49,068$45,300$41,803$38,562$35,562$28,315
9 years$43,175$39,442$36,005$32,846$29,948$23,072
10 years$38,462$34,766$31,390$28,314$25,517$19,004
11 years$34,610$30,950$27,635$24,641$21,946$15,786
12 years$31,401$27,779$24,525$21,614$19,018$13,202
13 years$28,688$25,104$21,912$19,082$16,584$11,101
14 years$26,365$22,819$19,688$16,939$14,537$9,377
15 years$24,353$20,846$17,775$15,106$12,800$7,949
16 years$22,595$19,125$16,116$13,526$11,312$6,759
17 years$21,045$17,614$14,665$12,153$10,030$5,762
18 years$19,669$16,276$13,387$10,952$8,919$4,923
19 years$18,439$15,084$12,255$9,896$7,949$4,214
20 years$17,333$14,017$11,247$8,963$7,101$3,612
21 years$16,334$13,056$10,345$8,135$6,354$3,100
22 years$15,427$12,188$9,535$7,396$5,696$2,664
23 years$14,601$11,399$8,804$6,736$5,113$2,291
24 years$13,844$10,680$8,142$6,144$4,595$1,972
25 years$13,149$10,023$7,541$5,611$4,135$1,699
26 years$12,508$9,420$6,994$5,130$3,725$1,464
27 years$11,916$8,865$6,495$4,696$3,358$1,262
28 years$11,367$8,353$6,038$4,302$3,030$1,089
29 years$10,857$7,881$5,618$3,945$2,736$940
30 years$10,381$7,442$5,233$3,621$2,472$811
31 years$9,938$7,035$4,879$3,325$2,235$701
32 years$9,523$6,657$4,552$3,056$2,022$605
33 years$9,133$6,304$4,250$2,810$1,830$523
34 years$8,768$5,975$3,971$2,586$1,657$452
35 years$8,424$5,667$3,713$2,380$1,501$390
36 years$8,100$5,379$3,473$2,192$1,360$337
37 years$7,794$5,109$3,251$2,020$1,232$292
38 years$7,505$4,855$3,044$1,862$1,117$252
39 years$7,232$4,617$2,852$1,717$1,013$218
40 years$6,973$4,393$2,673$1,583$919$188
41 years$6,727$4,181$2,507$1,461$834$163
42 years$6,493$3,982$2,351$1,348$756$141
43 years$6,271$3,794$2,207$1,245$686$122
44 years$6,060$3,617$2,071$1,149$623$105
45 years$5,858$3,449$1,945$1,061$566$91
46 years$5,666$3,290$1,827$980$514$79
47 years$5,483$3,140$1,716$906$466$68
48 years$5,307$2,997$1,613$837$424$59
49 years$5,140$2,862$1,516$773$385$51
50 years$4,979$2,734$1,425$715$349$44

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 $4,473 every year, while hoping to spend $30,197 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: 65/10/25 Blend
39$5,100,000$5,100,000$5,100,000$5,100,000
40$5,624,814$5,354,514$5,275,464$5,953,424
41$6,166,416$5,584,756$5,420,063$6,405,810
42$6,762,248$5,825,267$5,568,493$6,896,266
43$7,417,812$6,076,520$5,720,852$7,431,652
44$8,139,167$6,339,007$5,877,239$8,016,385
45$8,932,989$6,613,246$6,037,753$8,655,328
46$9,806,635$6,899,776$6,202,499$9,353,836
47$10,768,211$7,199,164$6,371,582$10,117,799
48$11,826,649$7,512,004$6,545,111$10,953,708
49$12,991,790$7,838,915$6,723,195$11,868,704
50$14,274,479$8,180,547$6,905,947$12,870,653
51$15,686,663$8,537,582$7,093,485$13,968,215
52$17,241,511$8,910,731$7,285,924$15,170,927
53$18,953,529$9,300,741$7,483,387$16,489,290
54$20,838,705$9,708,393$7,685,996$17,934,870
55$22,914,654$10,134,506$7,893,878$19,520,404
56$25,200,788$10,579,935$8,107,162$21,259,918
57$27,718,495$11,045,579$8,325,979$23,168,864
58$30,491,347$11,532,378$8,550,464$25,264,256
59$33,545,314$12,041,314$8,780,755$27,564,838
60$36,909,018$12,573,420$9,016,991$30,091,255
61$40,613,994$13,129,775$9,259,318$32,866,248
62$44,694,997$13,711,509$9,507,880$35,914,866
63$49,190,321$14,319,807$9,762,828$39,264,703
64$54,142,165$14,955,909$10,024,314$42,946,157
65$59,597,032$15,621,115$10,292,495$46,992,714
66$65,606,165$16,316,785$10,567,529$51,441,263
67$72,226,032$17,044,346$10,849,580$56,332,445
68$79,518,858$17,805,290$11,138,812$61,711,030
69$87,553,215$18,601,182$11,435,395$67,626,345
70$96,404,664$19,433,662$11,739,502$74,132,731
71$106,156,474$20,304,444$12,051,309$81,290,058
72$116,900,401$21,215,330$12,370,995$89,164,288
73$128,737,562$22,168,201$12,698,744$97,828,096
74$141,779,383$23,165,033$13,034,741$107,361,550
75$156,148,654$24,207,893$13,379,179$117,852,873
76$171,980,685$25,298,948$13,732,249$129,399,264
77$189,424,586$26,440,468$14,094,151$142,107,821
78$208,644,675$27,634,831$14,465,086$156,096,546
79$229,822,024$28,884,530$14,845,259$171,495,455
80$253,156,174$30,192,175$15,234,878$188,447,808
81$278,867,014$31,560,503$15,634,157$207,111,454
82$307,196,861$32,992,379$16,043,313$227,660,322
83$338,412,743$34,490,808$16,462,566$250,286,055
84$372,808,922$36,058,936$16,892,141$275,199,822
85$410,709,670$37,700,062$17,332,266$302,634,305
86$452,472,333$39,417,642$17,783,174$332,845,893
87$498,490,701$41,215,297$18,245,101$366,117,100
88$549,198,728$43,096,822$18,718,287$402,759,226
89$605,074,627$45,066,194$19,202,977$443,115,297
90$666,645,381$47,127,580$19,699,420$487,563,294
91$734,491,727$49,285,349$20,207,868$536,519,719
92$809,253,629$51,544,076$20,728,576$590,443,528
93$891,636,322$53,908,559$21,261,807$649,840,450
94$982,416,973$56,383,825$21,807,824$715,267,767
95$1,082,452,014$58,975,141$22,366,895$787,339,563
96$1,192,685,226$61,688,031$22,939,293$866,732,518
97$1,314,156,655$64,528,279$23,525,295$954,192,296
98$1,448,012,421$67,501,952$24,125,180$1,050,540,572
99$1,595,515,547$70,615,407$24,739,232$1,156,682,790
100$1,758,057,876$73,875,305$25,367,739$1,273,616,701