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%15.9%
1 years$421,153$417,402$413,742$410,169$406,681$396,850
2 years$208,492$204,609$200,846$197,197$193,658$183,812
3 years$137,614$133,714$129,960$126,346$122,864$113,312
4 years$102,182$98,294$94,578$91,025$87,628$78,442
5 years$80,928$77,064$73,396$69,916$66,613$57,820
6 years$66,764$62,928$59,315$55,912$52,709$44,317
7 years$56,650$52,847$49,291$45,969$42,866$34,877
8 years$49,068$45,300$41,803$38,562$35,562$27,971
9 years$43,175$39,442$36,005$32,846$29,948$22,750
10 years$38,462$34,766$31,390$28,314$25,517$18,704
11 years$34,610$30,950$27,635$24,641$21,946$15,507
12 years$31,401$27,779$24,525$21,614$19,018$12,944
13 years$28,688$25,104$21,912$19,082$16,584$10,862
14 years$26,365$22,819$19,688$16,939$14,537$9,156
15 years$24,353$20,846$17,775$15,106$12,800$7,746
16 years$22,595$19,125$16,116$13,526$11,312$6,572
17 years$21,045$17,614$14,665$12,153$10,030$5,591
18 years$19,669$16,276$13,387$10,952$8,919$4,766
19 years$18,439$15,084$12,255$9,896$7,949$4,070
20 years$17,333$14,017$11,247$8,963$7,101$3,481
21 years$16,334$13,056$10,345$8,135$6,354$2,981
22 years$15,427$12,188$9,535$7,396$5,696$2,555
23 years$14,601$11,399$8,804$6,736$5,113$2,192
24 years$13,844$10,680$8,142$6,144$4,595$1,883
25 years$13,149$10,023$7,541$5,611$4,135$1,618
26 years$12,508$9,420$6,994$5,130$3,725$1,391
27 years$11,916$8,865$6,495$4,696$3,358$1,197
28 years$11,367$8,353$6,038$4,302$3,030$1,030
29 years$10,857$7,881$5,618$3,945$2,736$886
30 years$10,381$7,442$5,233$3,621$2,472$763
31 years$9,938$7,035$4,879$3,325$2,235$658
32 years$9,523$6,657$4,552$3,056$2,022$567
33 years$9,133$6,304$4,250$2,810$1,830$488
34 years$8,768$5,975$3,971$2,586$1,657$421
35 years$8,424$5,667$3,713$2,380$1,501$363
36 years$8,100$5,379$3,473$2,192$1,360$313
37 years$7,794$5,109$3,251$2,020$1,232$270
38 years$7,505$4,855$3,044$1,862$1,117$233
39 years$7,232$4,617$2,852$1,717$1,013$201
40 years$6,973$4,393$2,673$1,583$919$173
41 years$6,727$4,181$2,507$1,461$834$149
42 years$6,493$3,982$2,351$1,348$756$129
43 years$6,271$3,794$2,207$1,245$686$111
44 years$6,060$3,617$2,071$1,149$623$96
45 years$5,858$3,449$1,945$1,061$566$83
46 years$5,666$3,290$1,827$980$514$71
47 years$5,483$3,140$1,716$906$466$61
48 years$5,307$2,997$1,613$837$424$53
49 years$5,140$2,862$1,516$773$385$46
50 years$4,979$2,734$1,425$715$349$39

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 $6,468 every year, while hoping to spend $20,213 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: 26/49/25 Blend
39$5,100,000$5,100,000$5,100,000$5,100,000
40$5,626,872$5,356,572$5,277,522$5,728,729
41$6,179,306$5,597,537$5,432,812$6,052,655
42$6,787,411$5,849,633$5,592,628$6,397,801
43$7,456,845$6,113,382$5,757,098$6,767,713
44$8,193,839$6,389,334$5,926,357$7,164,493
45$9,005,264$6,678,064$6,100,543$7,590,442
46$9,898,687$6,980,176$6,279,797$8,048,074
47$10,882,448$7,296,299$6,464,265$8,540,140
48$11,965,737$7,627,097$6,654,097$9,069,653
49$13,158,679$7,973,262$6,849,447$9,639,910
50$14,472,433$8,335,521$7,050,472$10,254,523
51$15,919,295$8,714,634$7,257,336$10,917,447
52$17,512,812$9,111,401$7,470,207$11,633,019
53$19,267,916$9,526,657$7,689,255$12,405,989
54$21,201,057$9,961,277$7,914,659$13,241,569
55$23,330,365$10,416,179$8,146,600$14,145,470
56$25,675,816$10,892,326$8,385,266$15,123,960
57$28,259,425$11,390,725$8,630,847$16,183,913
58$31,105,449$11,912,434$8,883,544$17,332,875
59$34,240,620$12,458,558$9,143,557$18,579,126
60$37,694,394$13,030,258$9,411,097$19,931,757
61$41,499,232$13,628,751$9,686,379$21,400,748
62$45,690,904$14,255,310$9,969,623$22,997,060
63$50,308,827$14,911,270$10,261,056$24,732,734
64$55,396,437$15,598,033$10,560,911$26,620,993
65$61,001,602$16,317,065$10,869,430$28,676,369
66$67,177,067$17,069,903$11,186,858$30,914,829
67$73,980,959$17,858,159$11,513,448$33,353,921
68$81,477,330$18,683,522$11,849,462$36,012,933
69$89,736,766$19,547,763$12,195,167$38,913,069
70$98,837,050$20,452,737$12,550,839$42,077,640
71$108,863,898$21,400,390$12,916,761$45,532,279
72$119,911,767$22,392,760$13,293,224$49,305,172
73$132,084,746$23,431,984$13,680,526$53,427,319
74$145,497,541$24,520,303$14,078,975$57,932,817
75$160,276,557$25,660,064$14,488,887$62,859,171
76$176,561,087$26,853,728$14,910,586$68,247,641
77$194,504,634$28,103,877$15,344,406$74,143,621
78$214,276,353$29,413,213$15,790,690$80,597,057
79$236,062,653$30,784,573$16,249,791$87,662,906
80$260,068,955$32,220,928$16,722,070$95,401,648
81$286,521,628$33,725,394$17,207,899$103,879,838
82$315,670,132$35,301,236$17,707,662$113,170,730
83$347,789,368$36,951,878$18,221,750$123,354,950
84$383,182,272$38,680,910$18,750,568$134,521,245
85$422,182,683$40,492,093$19,294,531$146,767,306
86$465,158,484$42,389,373$19,854,065$160,200,679
87$512,515,081$44,376,884$20,429,608$174,939,759
88$564,699,229$46,458,962$21,021,610$191,114,895
89$622,203,251$48,640,151$21,630,534$208,869,602
90$685,569,681$50,925,216$22,256,855$228,361,901
91$755,396,390$53,319,154$22,901,062$249,765,786
92$832,342,229$55,827,200$23,563,655$273,272,855
93$917,133,249$58,454,846$24,245,150$299,094,090
94$1,010,569,555$61,207,847$24,946,077$327,461,833
95$1,113,532,859$64,092,241$25,666,980$358,631,955
96$1,226,994,804$67,114,354$26,408,417$392,886,250
97$1,352,026,137$70,280,821$27,170,962$430,535,065
98$1,489,806,819$73,598,597$27,955,205$471,920,212
99$1,641,637,162$77,074,975$28,761,752$517,418,160
100$1,808,950,106$80,717,603$29,591,225$567,443,568