Can I retire at age 40 with 5,700,000?

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 $5,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$470,701$466,508$462,417$458,425$454,526$448,289
2 years$233,020$228,680$224,474$220,396$216,441$210,168
3 years$153,804$149,445$145,250$141,210$137,319$131,206
4 years$114,203$109,858$105,705$101,734$97,937$92,030
5 years$90,449$86,130$82,031$78,141$74,450$68,767
6 years$74,618$70,332$66,293$62,490$58,910$53,457
7 years$63,315$59,064$55,090$51,377$47,910$42,689
8 years$54,841$50,629$46,721$43,099$39,746$34,756
9 years$48,254$44,082$40,241$36,711$33,472$28,712
10 years$42,987$38,856$35,083$31,645$28,519$23,985
11 years$38,681$34,591$30,886$27,540$24,528$20,215
12 years$35,095$31,047$27,411$24,157$21,255$17,159
13 years$32,063$28,058$24,490$21,327$18,535$14,650
14 years$29,467$25,504$22,004$18,931$16,248$12,568
15 years$27,218$23,298$19,867$16,884$14,306$10,825
16 years$25,253$21,375$18,012$15,117$12,643$9,355
17 years$23,521$19,686$16,390$13,583$11,210$8,107
18 years$21,983$18,191$14,962$12,241$9,968$7,043
19 years$20,608$16,859$13,697$11,061$8,885$6,131
20 years$19,372$15,666$12,571$10,018$7,936$5,347
21 years$18,256$14,592$11,563$9,092$7,102$4,670
22 years$17,242$13,621$10,657$8,266$6,366$4,084
23 years$16,318$12,740$9,840$7,528$5,714$3,576
24 years$15,472$11,936$9,100$6,866$5,136$3,134
25 years$14,695$11,202$8,428$6,271$4,622$2,749
26 years$13,979$10,528$7,817$5,734$4,163$2,414
27 years$13,318$9,908$7,259$5,248$3,753$2,120
28 years$12,704$9,336$6,748$4,808$3,387$1,864
29 years$12,134$8,808$6,279$4,409$3,058$1,639
30 years$11,603$8,318$5,849$4,047$2,763$1,442
31 years$11,107$7,863$5,453$3,717$2,498$1,269
32 years$10,643$7,440$5,088$3,416$2,260$1,117
33 years$10,208$7,046$4,750$3,141$2,045$984
34 years$9,799$6,678$4,438$2,890$1,852$867
35 years$9,415$6,334$4,150$2,660$1,677$764
36 years$9,053$6,012$3,882$2,450$1,520$673
37 years$8,711$5,710$3,633$2,257$1,377$593
38 years$8,388$5,426$3,403$2,081$1,249$523
39 years$8,082$5,160$3,188$1,919$1,132$461
40 years$7,793$4,909$2,988$1,770$1,027$407
41 years$7,518$4,673$2,802$1,633$932$359
42 years$7,257$4,451$2,628$1,507$845$316
43 years$7,009$4,241$2,466$1,391$767$279
44 years$6,772$4,042$2,315$1,284$696$246
45 years$6,547$3,855$2,174$1,186$632$217
46 years$6,333$3,677$2,042$1,096$574$192
47 years$6,128$3,509$1,918$1,012$521$169
48 years$5,932$3,350$1,802$935$473$149
49 years$5,744$3,199$1,694$864$430$132
50 years$5,565$3,056$1,593$799$391$116

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $5,700,000, adding $3,261 every year, while hoping to spend $56,679 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: 57/16/27 Blend
39$5,700,000$5,700,000$5,700,000$5,700,000
40$6,284,764$5,982,664$5,894,314$6,596,368
41$6,865,504$6,215,508$6,031,467$7,043,284
42$7,503,579$6,457,862$6,171,316$7,523,928
43$8,204,779$6,710,133$6,313,890$8,046,652
44$8,975,480$6,972,743$6,459,219$8,615,542
45$9,822,708$7,246,136$6,607,331$9,235,092
46$10,754,203$7,530,775$6,758,255$9,910,251
47$11,778,491$7,827,143$6,912,017$10,646,463
48$12,904,969$8,135,745$7,068,641$11,449,721
49$14,143,988$8,457,108$7,228,152$12,326,624
50$15,506,951$8,791,783$7,390,572$13,284,433
51$17,006,426$9,140,346$7,555,922$14,331,144
52$18,656,257$9,503,398$7,724,221$15,475,561
53$20,471,699$9,881,568$7,895,485$16,727,375
54$22,469,559$10,275,512$8,069,731$18,097,260
55$24,668,358$10,685,917$8,246,972$19,596,967
56$27,088,503$11,113,498$8,427,217$21,239,439
57$29,752,477$11,559,006$8,610,475$23,038,926
58$32,685,056$12,023,224$8,796,753$25,011,124
59$35,913,540$12,506,971$8,986,052$27,173,321
60$39,468,009$13,011,100$9,178,374$29,544,554
61$43,381,610$13,536,508$9,373,713$32,145,793
62$47,690,866$14,084,129$9,572,064$35,000,135
63$52,436,022$14,654,939$9,773,416$38,133,022
64$57,661,426$15,249,961$9,977,756$41,572,478
65$63,415,945$15,870,262$10,185,063$45,349,372
66$69,753,426$16,516,959$10,395,317$49,497,709
67$76,733,205$17,191,220$10,608,490$54,054,949
68$84,420,666$17,894,264$10,824,549$59,062,360
69$92,887,860$18,627,369$11,043,457$64,565,402
70$102,214,181$19,391,869$11,265,172$70,614,159
71$112,487,117$20,189,160$11,489,645$77,263,806
72$123,803,075$21,020,702$11,716,821$84,575,132
73$136,268,293$21,888,021$11,946,638$92,615,107
74$149,999,838$22,792,713$12,179,030$101,457,516
75$165,126,715$23,736,449$12,413,921$111,183,650
76$181,791,080$24,720,975$12,651,227$121,883,076
77$200,149,586$25,748,118$12,890,859$133,654,473
78$220,374,857$26,819,790$13,132,716$146,606,569
79$242,657,122$27,937,989$13,376,692$160,859,158
80$267,206,004$29,104,806$13,622,667$176,544,233
81$294,252,505$30,322,430$13,870,515$193,807,227
82$324,051,181$31,593,150$14,120,097$212,808,382
83$356,882,547$32,919,360$14,371,266$233,724,263
84$393,055,724$34,303,565$14,623,860$256,749,417
85$432,911,356$35,748,388$14,877,708$282,098,209
86$476,824,827$37,256,572$15,132,624$310,006,841
87$525,209,803$38,830,987$15,388,410$340,735,580
88$578,522,134$40,474,637$15,644,853$374,571,211
89$637,264,163$42,190,665$15,901,727$411,829,739
90$701,989,460$43,982,361$16,158,788$452,859,369
91$773,308,056$45,853,167$16,415,778$498,043,790
92$851,892,191$47,806,686$16,672,420$547,805,794
93$938,482,670$49,846,689$16,928,421$602,611,261
94$1,033,895,848$51,977,123$17,183,469$662,973,552
95$1,139,031,341$54,202,118$17,437,232$729,458,352
96$1,254,880,515$56,525,998$17,689,356$802,689,006
97$1,382,535,845$58,953,290$17,939,467$883,352,399
98$1,523,201,231$61,488,731$18,187,169$972,205,433
99$1,678,203,359$64,137,281$18,432,042$1,070,082,167
100$1,849,004,225$66,904,131$18,673,638$1,177,901,689