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

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 $5,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$437,669$433,771$429,967$426,254$422,629$405,701
2 years$216,668$212,633$208,722$204,930$201,252$184,410
3 years$143,010$138,958$135,057$131,301$127,683$111,456
4 years$106,189$102,149$98,287$94,595$91,064$75,578
5 years$84,102$80,086$76,275$72,658$69,226$54,518
6 years$69,382$65,396$61,641$58,105$54,776$40,856
7 years$58,872$54,920$51,224$47,771$44,547$31,411
8 years$50,993$47,076$43,442$40,074$36,956$24,589
9 years$44,868$40,988$37,417$34,134$31,123$19,506
10 years$39,971$36,129$32,621$29,424$26,518$15,629
11 years$35,967$32,164$28,719$25,608$22,806$12,619
12 years$32,632$28,868$25,487$22,461$19,764$10,250
13 years$29,813$26,089$22,771$19,830$17,234$8,366
14 years$27,399$23,714$20,460$17,603$15,107$6,854
15 years$25,308$21,663$18,473$15,699$13,302$5,632
16 years$23,481$19,875$16,748$14,057$11,756$4,640
17 years$21,870$18,304$15,240$12,630$10,424$3,830
18 years$20,440$16,914$13,912$11,382$9,268$3,167
19 years$19,162$15,676$12,736$10,285$8,261$2,622
20 years$18,013$14,567$11,688$9,315$7,379$2,173
21 years$16,975$13,568$10,751$8,454$6,603$1,803
22 years$16,032$12,666$9,909$7,686$5,919$1,497
23 years$15,173$11,846$9,149$7,000$5,313$1,244
24 years$14,387$11,099$8,461$6,384$4,776$1,034
25 years$13,664$10,416$7,837$5,831$4,297$860
26 years$12,998$9,789$7,268$5,331$3,871$715
27 years$12,383$9,213$6,749$4,880$3,490$595
28 years$11,813$8,681$6,274$4,471$3,149$495
29 years$11,282$8,190$5,839$4,100$2,843$412
30 years$10,789$7,734$5,439$3,763$2,569$343
31 years$10,327$7,311$5,070$3,456$2,323$286
32 years$9,896$6,918$4,731$3,176$2,101$238
33 years$9,492$6,551$4,417$2,921$1,902$198
34 years$9,112$6,209$4,127$2,687$1,722$165
35 years$8,754$5,889$3,858$2,474$1,559$138
36 years$8,418$5,590$3,610$2,278$1,413$115
37 years$8,100$5,309$3,378$2,099$1,281$96
38 years$7,800$5,046$3,164$1,935$1,161$80
39 years$7,515$4,798$2,964$1,784$1,053$66
40 years$7,246$4,565$2,778$1,645$955$55
41 years$6,990$4,345$2,605$1,518$866$46
42 years$6,748$4,138$2,444$1,401$786$38
43 years$6,517$3,943$2,293$1,293$713$32
44 years$6,297$3,758$2,152$1,194$648$27
45 years$6,088$3,584$2,021$1,103$588$22
46 years$5,888$3,419$1,898$1,019$534$18
47 years$5,698$3,263$1,783$941$485$15
48 years$5,515$3,115$1,676$870$440$13
49 years$5,341$2,974$1,575$804$400$11
50 years$5,175$2,841$1,481$743$363$9

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 $4,334 every year, while hoping to spend $57,128 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: 60/26/14 Blend
39$5,300,000$5,300,000$5,300,000$5,300,000
40$5,845,071$5,564,171$5,482,021$6,175,175
41$6,380,484$5,776,031$5,604,884$6,609,881
42$6,968,595$5,996,358$5,729,950$7,077,078
43$7,614,718$6,225,506$5,857,230$7,585,364
44$8,324,709$6,463,845$5,986,736$8,138,713
45$9,105,017$6,711,762$6,118,480$8,741,497
46$9,962,749$6,969,659$6,252,469$9,398,525
47$10,905,734$7,237,956$6,388,711$10,115,091
48$11,942,597$7,517,094$6,527,211$10,897,018
49$13,082,841$7,807,531$6,667,972$11,750,715
50$14,336,937$8,109,746$6,810,995$12,683,236
51$15,716,418$8,424,238$6,956,277$13,702,344
52$17,233,996$8,751,529$7,103,816$14,816,584
53$18,903,674$9,092,164$7,253,604$16,035,365
54$20,740,881$9,446,712$7,405,632$17,369,041
55$22,762,618$9,815,768$7,559,888$18,829,014
56$24,987,616$10,199,951$7,716,355$20,427,836
57$27,436,515$10,599,911$7,875,015$22,179,330
58$30,132,057$11,016,324$8,035,845$24,098,712
59$33,099,300$11,449,897$8,198,819$26,202,742
60$36,365,856$11,901,369$8,363,907$28,509,873
61$39,962,149$12,371,512$8,531,073$31,040,427
62$43,921,703$12,861,132$8,700,280$33,816,786
63$48,281,460$13,371,070$8,871,482$36,863,597
64$53,082,123$13,902,207$9,044,631$40,208,009
65$58,368,547$14,455,463$9,219,674$43,879,922
66$64,190,156$15,031,797$9,396,550$47,912,268
67$70,601,412$15,632,215$9,575,194$52,341,323
68$77,662,326$16,257,764$9,755,534$57,207,043
69$85,439,031$16,909,542$9,937,492$62,553,442
70$94,004,397$17,588,695$10,120,982$68,429,001
71$103,438,724$18,296,419$10,305,913$74,887,131
72$113,830,497$19,033,966$10,492,185$81,986,663
73$125,277,223$19,802,646$10,679,688$89,792,412
74$137,886,350$20,603,826$10,868,308$98,375,778
75$151,776,279$21,438,935$11,057,918$107,815,420
76$167,077,485$22,309,468$11,248,384$118,197,998
77$183,933,745$23,216,989$11,439,561$129,618,981
78$202,503,496$24,163,130$11,631,295$142,183,552
79$222,961,329$25,149,600$11,823,420$156,007,595
80$245,499,639$26,178,185$12,015,759$171,218,780
81$270,330,439$27,250,753$12,208,124$187,957,775
82$297,687,361$28,369,257$12,400,313$206,379,561
83$327,827,859$29,535,738$12,592,111$226,654,893
84$361,035,645$30,752,333$12,783,291$248,971,911
85$397,623,359$32,021,276$12,973,610$273,537,907
86$437,935,526$33,344,903$13,162,810$300,581,283
87$482,351,803$34,725,656$13,350,617$330,353,693
88$531,290,566$36,166,093$13,536,742$363,132,426
89$585,212,858$37,668,885$13,720,877$399,223,006
90$644,626,739$39,236,830$13,902,696$438,962,080
91$710,092,084$40,872,853$14,081,854$482,720,585
92$782,225,867$42,580,013$14,257,987$530,907,248
93$861,707,984$44,361,512$14,430,708$583,972,433
94$949,287,673$46,220,700$14,599,611$642,412,392
95$1,045,790,581$48,161,081$14,764,264$706,773,937
96$1,152,126,567$50,186,321$14,924,213$777,659,602
97$1,269,298,282$52,300,255$15,078,979$855,733,316
98$1,398,410,638$54,506,899$15,228,057$941,726,671
99$1,540,681,239$56,810,452$15,370,912$1,036,445,815
100$1,697,451,871$59,215,310$15,506,983$1,140,779,055