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%11%
1 years$421,153$417,402$413,742$410,169$406,681$404,968
2 years$208,492$204,609$200,846$197,197$193,658$191,928
3 years$137,614$133,714$129,960$126,346$122,864$121,172
4 years$102,182$98,294$94,578$91,025$87,628$85,985
5 years$80,928$77,064$73,396$69,916$66,613$65,026
6 years$66,764$62,928$59,315$55,912$52,709$51,178
7 years$56,650$52,847$49,291$45,969$42,866$41,394
8 years$49,068$45,300$41,803$38,562$35,562$34,147
9 years$43,175$39,442$36,005$32,846$29,948$28,591
10 years$38,462$34,766$31,390$28,314$25,517$24,218
11 years$34,610$30,950$27,635$24,641$21,946$20,702
12 years$31,401$27,779$24,525$21,614$19,018$17,830
13 years$28,688$25,104$21,912$19,082$16,584$15,450
14 years$26,365$22,819$19,688$16,939$14,537$13,456
15 years$24,353$20,846$17,775$15,106$12,800$11,770
16 years$22,595$19,125$16,116$13,526$11,312$10,333
17 years$21,045$17,614$14,665$12,153$10,030$9,100
18 years$19,669$16,276$13,387$10,952$8,919$8,036
19 years$18,439$15,084$12,255$9,896$7,949$7,112
20 years$17,333$14,017$11,247$8,963$7,101$6,308
21 years$16,334$13,056$10,345$8,135$6,354$5,604
22 years$15,427$12,188$9,535$7,396$5,696$4,986
23 years$14,601$11,399$8,804$6,736$5,113$4,443
24 years$13,844$10,680$8,142$6,144$4,595$3,964
25 years$13,149$10,023$7,541$5,611$4,135$3,540
26 years$12,508$9,420$6,994$5,130$3,725$3,164
27 years$11,916$8,865$6,495$4,696$3,358$2,830
28 years$11,367$8,353$6,038$4,302$3,030$2,534
29 years$10,857$7,881$5,618$3,945$2,736$2,270
30 years$10,381$7,442$5,233$3,621$2,472$2,035
31 years$9,938$7,035$4,879$3,325$2,235$1,825
32 years$9,523$6,657$4,552$3,056$2,022$1,637
33 years$9,133$6,304$4,250$2,810$1,830$1,470
34 years$8,768$5,975$3,971$2,586$1,657$1,320
35 years$8,424$5,667$3,713$2,380$1,501$1,186
36 years$8,100$5,379$3,473$2,192$1,360$1,065
37 years$7,794$5,109$3,251$2,020$1,232$957
38 years$7,505$4,855$3,044$1,862$1,117$861
39 years$7,232$4,617$2,852$1,717$1,013$774
40 years$6,973$4,393$2,673$1,583$919$696
41 years$6,727$4,181$2,507$1,461$834$626
42 years$6,493$3,982$2,351$1,348$756$563
43 years$6,271$3,794$2,207$1,245$686$507
44 years$6,060$3,617$2,071$1,149$623$456
45 years$5,858$3,449$1,945$1,061$566$410
46 years$5,666$3,290$1,827$980$514$369
47 years$5,483$3,140$1,716$906$466$333
48 years$5,307$2,997$1,613$837$424$299
49 years$5,140$2,862$1,516$773$385$270
50 years$4,979$2,734$1,425$715$349$243

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 $5,021 every year, while hoping to spend $47,180 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: 41/43/16 Blend
39$5,100,000$5,100,000$5,100,000$5,100,000
40$5,625,379$5,355,079$5,276,029$5,829,265
41$6,148,969$5,567,279$5,402,577$6,186,256
42$6,724,383$5,788,295$5,531,783$6,567,407
43$7,356,859$6,018,510$5,663,686$6,978,938
44$8,052,164$6,258,323$5,798,326$7,423,642
45$8,816,656$6,508,151$5,935,740$7,904,586
46$9,657,335$6,768,431$6,075,968$8,425,136
47$10,581,917$7,039,618$6,219,047$8,988,991
48$11,598,902$7,322,189$6,365,014$9,600,211
49$12,717,654$7,616,641$6,513,906$10,263,259
50$13,948,493$7,923,494$6,665,760$10,983,038
51$15,302,787$8,243,293$6,820,611$11,764,935
52$16,793,062$8,576,606$6,978,493$12,614,874
53$18,433,122$8,924,027$7,139,439$13,539,362
54$20,238,173$9,286,177$7,303,484$14,545,559
55$22,224,973$9,663,706$7,470,657$15,641,332
56$24,411,986$10,057,293$7,640,989$16,835,336
57$26,819,556$10,467,648$7,814,510$18,137,088
58$29,470,101$10,895,513$7,991,246$19,557,057
59$32,388,323$11,341,664$8,171,224$21,106,757
60$35,601,439$11,806,913$8,354,467$22,798,857
61$39,139,443$12,292,109$8,540,999$24,647,295
62$43,035,383$12,798,139$8,730,840$26,667,406
63$47,325,676$13,325,932$8,924,007$28,876,067
64$52,050,450$13,876,458$9,120,516$31,291,849
65$57,253,925$14,450,733$9,320,382$33,935,191
66$62,984,825$15,049,819$9,523,615$36,828,590
67$69,296,844$15,674,826$9,730,222$39,996,807
68$76,249,146$16,326,917$9,940,209$43,467,100
69$83,906,931$17,007,307$10,153,578$47,269,476
70$92,342,041$17,717,269$10,370,326$51,436,968
71$101,633,645$18,458,131$10,590,448$56,005,946
72$111,868,983$19,231,286$10,813,934$61,016,453
73$123,144,191$20,038,190$11,040,772$66,512,580
74$135,565,203$20,880,366$11,270,943$72,542,874
75$149,248,758$21,759,409$11,504,424$79,160,797
76$164,323,497$22,676,985$11,741,188$86,425,217
77$180,931,177$23,634,841$11,981,201$94,400,968
78$199,228,012$24,634,802$12,224,425$103,159,445
79$219,386,141$25,678,780$12,470,816$112,779,281
80$241,595,262$26,768,774$12,720,323$123,347,079
81$266,064,412$27,906,878$12,972,887$134,958,220
82$293,023,948$29,095,281$13,228,445$147,717,763
83$322,727,717$30,336,277$13,486,924$161,741,423
84$355,455,454$31,632,264$13,748,246$177,156,659
85$391,515,419$32,985,754$14,012,321$194,103,869
86$431,247,312$34,399,375$14,279,053$212,737,704
87$475,025,473$35,875,880$14,548,337$233,228,524
88$523,262,420$37,418,147$14,820,056$255,763,993
89$576,412,744$39,029,193$15,094,084$280,550,844
90$634,977,393$40,712,173$15,370,286$307,816,816
91$699,508,410$42,470,392$15,648,512$337,812,800
92$770,614,134$44,307,307$15,928,604$370,815,191
93$848,964,952$46,226,542$16,210,388$407,128,488
94$935,299,621$48,231,886$16,493,680$447,088,155
95$1,030,432,244$50,327,310$16,778,280$491,063,780
96$1,135,259,954$52,516,970$17,063,974$539,462,544
97$1,250,771,385$54,805,217$17,350,533$592,733,058
98$1,378,056,002$57,196,608$17,637,711$651,369,579
99$1,518,314,387$59,695,915$17,925,247$715,916,663
100$1,672,869,572$62,308,132$18,212,860$786,974,292