Can I retire at age 40 with 5,300,000?

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 $5,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$437,669$433,771$429,967$426,254$422,629$416,486
2 years$216,668$212,633$208,722$204,930$201,252$195,075
3 years$143,010$138,958$135,057$131,301$127,683$121,665
4 years$106,189$102,149$98,287$94,595$91,064$85,252
5 years$84,102$80,086$76,275$72,658$69,226$63,635
6 years$69,382$65,396$61,641$58,105$54,776$49,414
7 years$58,872$54,920$51,224$47,771$44,547$39,416
8 years$50,993$47,076$43,442$40,074$36,956$32,055
9 years$44,868$40,988$37,417$34,134$31,123$26,449
10 years$39,971$36,129$32,621$29,424$26,518$22,068
11 years$35,967$32,164$28,719$25,608$22,806$18,576
12 years$32,632$28,868$25,487$22,461$19,764$15,748
13 years$29,813$26,089$22,771$19,830$17,234$13,427
14 years$27,399$23,714$20,460$17,603$15,107$11,504
15 years$25,308$21,663$18,473$15,699$13,302$9,895
16 years$23,481$19,875$16,748$14,057$11,756$8,539
17 years$21,870$18,304$15,240$12,630$10,424$7,390
18 years$20,440$16,914$13,912$11,382$9,268$6,411
19 years$19,162$15,676$12,736$10,285$8,261$5,573
20 years$18,013$14,567$11,688$9,315$7,379$4,853
21 years$16,975$13,568$10,751$8,454$6,603$4,232
22 years$16,032$12,666$9,909$7,686$5,919$3,695
23 years$15,173$11,846$9,149$7,000$5,313$3,231
24 years$14,387$11,099$8,461$6,384$4,776$2,827
25 years$13,664$10,416$7,837$5,831$4,297$2,476
26 years$12,998$9,789$7,268$5,331$3,871$2,170
27 years$12,383$9,213$6,749$4,880$3,490$1,903
28 years$11,813$8,681$6,274$4,471$3,149$1,670
29 years$11,282$8,190$5,839$4,100$2,843$1,466
30 years$10,789$7,734$5,439$3,763$2,569$1,288
31 years$10,327$7,311$5,070$3,456$2,323$1,132
32 years$9,896$6,918$4,731$3,176$2,101$995
33 years$9,492$6,551$4,417$2,921$1,902$875
34 years$9,112$6,209$4,127$2,687$1,722$769
35 years$8,754$5,889$3,858$2,474$1,559$677
36 years$8,418$5,590$3,610$2,278$1,413$595
37 years$8,100$5,309$3,378$2,099$1,281$524
38 years$7,800$5,046$3,164$1,935$1,161$461
39 years$7,515$4,798$2,964$1,784$1,053$406
40 years$7,246$4,565$2,778$1,645$955$357
41 years$6,990$4,345$2,605$1,518$866$314
42 years$6,748$4,138$2,444$1,401$786$277
43 years$6,517$3,943$2,293$1,293$713$244
44 years$6,297$3,758$2,152$1,194$648$215
45 years$6,088$3,584$2,021$1,103$588$189
46 years$5,888$3,419$1,898$1,019$534$166
47 years$5,698$3,263$1,783$941$485$147
48 years$5,515$3,115$1,676$870$440$129
49 years$5,341$2,974$1,575$804$400$114
50 years$5,175$2,841$1,481$743$363$100

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $5,300,000, adding $5,287 every year, while hoping to spend $21,182 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: 71/10/19 Blend
39$5,300,000$5,300,000$5,300,000$5,300,000
40$5,846,054$5,565,154$5,483,004$6,234,067
41$6,419,814$5,815,309$5,644,147$6,743,215
42$7,051,387$6,077,011$5,809,978$7,297,447
43$7,746,649$6,350,805$5,980,633$7,903,726
44$8,512,072$6,637,260$6,156,249$8,567,206
45$9,354,789$6,936,971$6,336,969$9,293,556
46$10,282,660$7,250,565$6,522,940$10,089,022
47$11,304,344$7,578,695$6,714,311$10,960,477
48$12,429,385$7,922,049$6,911,238$11,915,491
49$13,668,298$8,281,346$7,113,881$12,962,397
50$15,032,671$8,657,338$7,322,402$14,110,374
51$16,535,271$9,050,815$7,536,970$15,369,526
52$18,190,168$9,462,604$7,757,758$16,750,983
53$20,012,865$9,893,573$7,984,943$18,267,002
54$22,020,449$10,344,628$8,218,710$19,931,081
55$24,231,743$10,816,724$8,459,245$21,758,086
56$26,667,493$11,310,856$8,706,742$23,764,391
57$29,350,559$11,828,069$8,961,400$25,968,032
58$32,306,132$12,369,461$9,223,423$28,388,873
59$35,561,971$12,936,177$9,493,021$31,048,795
60$39,148,664$13,529,423$9,770,409$33,971,901
61$43,099,921$14,150,457$10,055,811$37,184,739
62$47,452,885$14,800,602$10,349,453$40,716,557
63$52,248,490$15,481,242$10,651,570$44,599,573
64$57,531,843$16,193,830$10,962,404$48,869,279
65$63,352,648$16,939,885$11,282,203$53,564,773
66$69,765,681$17,721,002$11,611,219$58,729,130
67$76,831,303$18,538,853$11,949,717$64,409,804
68$84,616,027$19,395,188$12,297,964$70,659,074
69$93,193,153$20,291,844$12,656,237$77,534,538
70$102,643,454$21,230,744$13,024,821$85,099,652
71$113,055,941$22,213,905$13,404,007$93,424,328
72$124,528,702$23,243,440$13,794,095$102,585,594
73$137,169,827$24,321,567$14,195,395$112,668,315
74$151,098,431$25,450,606$14,608,223$123,765,995
75$166,445,778$26,632,992$15,032,905$135,981,657
76$183,356,516$27,871,277$15,469,776$149,428,809
77$201,990,048$29,168,137$15,919,181$164,232,521
78$222,522,031$30,526,374$16,381,472$180,530,594
79$245,146,040$31,948,929$16,857,013$198,474,864
80$270,075,391$33,438,881$17,346,178$218,232,631
81$297,545,157$34,999,462$17,849,351$239,988,234
82$327,814,383$36,634,056$18,366,924$263,944,790
83$361,168,539$38,346,214$18,899,305$290,326,107
84$397,922,208$40,139,655$19,446,909$319,378,793
85$438,422,056$42,018,281$20,010,164$351,374,581
86$483,050,110$43,986,181$20,589,508$386,612,891
87$532,227,359$46,047,642$21,185,395$425,423,653
88$586,417,731$48,207,158$21,798,287$468,170,415
89$646,132,471$50,469,440$22,428,661$515,253,774
90$711,934,969$52,839,428$23,077,007$567,115,151
91$784,446,076$55,322,301$23,743,827$624,240,957
92$864,349,969$57,923,487$24,429,639$687,167,175
93$952,400,607$60,648,679$25,134,973$756,484,420
94$1,049,428,849$63,503,844$25,860,374$832,843,505
95$1,156,350,297$66,495,238$26,606,402$916,961,583
96$1,274,173,944$69,629,422$27,373,634$1,009,628,911
97$1,404,011,695$72,913,271$28,162,658$1,111,716,304
98$1,547,088,864$76,353,998$28,974,084$1,224,183,348
99$1,704,755,745$79,959,162$29,808,533$1,348,087,455
100$1,878,500,359$83,736,688$30,666,647$1,484,593,841