Can I retire at age 40 with 5,200,000?

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 $5,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$429,411$425,586$421,854$418,212$414,655$402,998
2 years$212,580$208,621$204,784$201,063$197,455$185,799
3 years$140,312$136,336$132,509$128,823$125,274$113,984
4 years$104,185$100,221$96,432$92,810$89,346$78,510
5 years$82,515$78,575$74,835$71,287$67,919$57,566
6 years$68,073$64,162$60,478$57,009$53,742$43,882
7 years$57,761$53,883$50,258$46,870$43,707$34,339
8 years$50,031$46,188$42,622$39,318$36,259$27,379
9 years$44,021$40,215$36,711$33,490$30,535$22,135
10 years$39,217$35,447$32,005$28,869$26,018$18,085
11 years$35,288$31,557$28,177$25,125$22,376$14,899
12 years$32,017$28,324$25,006$22,038$19,391$12,354
13 years$29,251$25,596$22,341$19,456$16,909$10,298
14 years$26,882$23,266$20,074$17,271$14,822$8,621
15 years$24,831$21,254$18,124$15,403$13,051$7,242
16 years$23,038$19,500$16,432$13,791$11,534$6,101
17 years$21,458$17,959$14,953$12,391$10,227$5,152
18 years$20,054$16,595$13,650$11,167$9,093$4,360
19 years$18,800$15,380$12,496$10,090$8,105$3,695
20 years$17,673$14,292$11,468$9,139$7,240$3,137
21 years$16,655$13,312$10,548$8,294$6,479$2,665
22 years$15,730$12,427$9,722$7,541$5,807$2,267
23 years$14,887$11,622$8,976$6,868$5,213$1,930
24 years$14,115$10,889$8,302$6,264$4,686$1,644
25 years$13,406$10,219$7,689$5,721$4,216$1,402
26 years$12,753$9,604$7,131$5,231$3,798$1,196
27 years$12,149$9,039$6,622$4,788$3,424$1,020
28 years$11,590$8,517$6,156$4,387$3,090$871
29 years$11,070$8,035$5,729$4,023$2,790$744
30 years$10,585$7,588$5,336$3,692$2,521$635
31 years$10,133$7,173$4,975$3,391$2,279$542
32 years$9,709$6,787$4,641$3,116$2,062$464
33 years$9,312$6,428$4,334$2,865$1,866$396
34 years$8,940$6,092$4,049$2,636$1,689$339
35 years$8,589$5,778$3,786$2,427$1,530$289
36 years$8,259$5,484$3,541$2,235$1,386$247
37 years$7,947$5,209$3,315$2,059$1,256$212
38 years$7,652$4,950$3,104$1,898$1,139$181
39 years$7,373$4,707$2,908$1,750$1,033$155
40 years$7,109$4,479$2,726$1,614$937$132
41 years$6,859$4,263$2,556$1,489$850$113
42 years$6,620$4,060$2,398$1,375$771$97
43 years$6,394$3,869$2,250$1,269$700$83
44 years$6,178$3,688$2,112$1,172$635$71
45 years$5,973$3,516$1,983$1,082$577$61
46 years$5,777$3,354$1,862$999$524$52
47 years$5,590$3,201$1,750$923$476$44
48 years$5,411$3,056$1,644$853$432$38
49 years$5,241$2,918$1,545$789$392$32
50 years$5,077$2,788$1,453$729$356$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $5,200,000, adding $3,063 every year, while hoping to spend $28,518 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: 59/24/17 Blend
39$5,200,000$5,200,000$5,200,000$5,200,000
40$5,733,559$5,457,959$5,377,359$6,046,471
41$6,288,040$5,695,057$5,527,158$6,495,595
42$6,898,121$5,942,816$5,681,019$6,981,740
43$7,569,445$6,201,729$5,839,049$7,511,247
44$8,308,226$6,472,312$6,001,355$8,088,305
45$9,121,315$6,755,105$6,168,050$8,717,524
46$10,016,256$7,050,672$6,339,247$9,403,972
47$11,001,366$7,359,606$6,515,063$10,153,224
48$12,085,805$7,682,527$6,695,618$10,971,415
49$13,279,669$8,020,083$6,881,033$11,865,294
50$14,594,083$8,372,955$7,071,435$12,842,286
51$16,041,303$8,741,853$7,266,952$13,910,563
52$17,634,837$9,127,525$7,467,715$15,079,118
53$19,389,566$9,530,749$7,673,860$16,357,846
54$21,321,891$9,952,346$7,885,524$17,757,642
55$23,449,883$10,393,169$8,102,848$19,290,496
56$25,793,455$10,854,118$8,325,977$20,969,605
57$28,374,549$11,336,131$8,555,058$22,809,499
58$31,217,344$11,840,193$8,790,244$24,826,173
59$34,348,486$12,367,335$9,031,690$27,037,238
60$37,797,333$12,918,636$9,279,553$29,462,083
61$41,596,240$13,495,228$9,533,997$32,122,058
62$45,780,858$14,098,296$9,795,187$35,040,669
63$50,390,473$14,729,081$10,063,294$38,243,803
64$55,468,379$15,388,883$10,338,492$41,759,965
65$61,062,280$16,079,065$10,620,958$45,620,547
66$67,224,748$16,801,054$10,910,875$49,860,121
67$74,013,711$17,556,345$11,208,429$54,516,761
68$81,493,009$18,346,505$11,513,810$59,632,401
69$89,732,986$19,173,174$11,827,213$65,253,227
70$98,811,163$20,038,072$12,148,837$71,430,107
71$108,812,965$20,943,001$12,478,886$78,219,074
72$119,832,527$21,889,847$12,817,568$85,681,844
73$131,973,584$22,880,589$13,165,097$93,886,399
74$145,350,451$23,917,299$13,521,689$102,907,624
75$160,089,099$25,002,149$13,887,567$112,828,009
76$176,328,344$26,137,412$14,262,958$123,738,423
77$194,221,163$27,325,472$14,648,095$135,738,968
78$213,936,130$28,568,829$15,043,214$148,939,920
79$235,659,013$29,870,099$15,448,559$163,462,763
80$259,594,524$31,232,025$15,864,378$179,441,330
81$285,968,253$32,657,482$16,290,922$197,023,065
82$315,028,797$34,149,482$16,728,451$216,370,404
83$347,050,109$35,711,180$17,177,228$237,662,306
84$382,334,078$37,345,886$17,637,523$261,095,934
85$421,213,384$39,057,065$18,109,610$286,888,514
86$464,054,639$40,848,351$18,593,772$315,279,370
87$511,261,843$42,723,551$19,090,294$346,532,186
88$563,280,201$44,686,655$19,599,469$380,937,481
89$620,600,325$46,741,844$20,121,595$418,815,348
90$683,762,867$48,893,503$20,656,977$460,518,464
91$753,363,619$51,146,225$21,205,925$506,435,413
92$830,059,141$53,504,823$21,768,757$556,994,345
93$914,572,959$55,974,344$22,345,795$612,667,009
94$1,007,702,391$58,560,077$22,937,369$673,973,196
95$1,110,326,079$61,267,565$23,543,816$741,485,636
96$1,223,412,282$64,102,619$24,165,476$815,835,395
97$1,348,028,015$67,071,328$24,802,700$897,717,821
98$1,485,349,125$70,180,075$25,455,843$987,899,093
99$1,636,671,389$73,435,552$26,125,267$1,087,223,451
100$1,803,422,748$76,844,772$26,811,341$1,196,621,143