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

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 $5,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$470,701$466,508$462,417$458,425$454,526$449,405
2 years$233,020$228,680$224,474$220,396$216,441$211,286
3 years$153,804$149,445$145,250$141,210$137,319$132,290
4 years$114,203$109,858$105,705$101,734$97,937$93,072
5 years$90,449$86,130$82,031$78,141$74,450$69,764
6 years$74,618$70,332$66,293$62,490$58,910$54,408
7 years$63,315$59,064$55,090$51,377$47,910$43,594
8 years$54,841$50,629$46,721$43,099$39,746$35,616
9 years$48,254$44,082$40,241$36,711$33,472$29,526
10 years$42,987$38,856$35,083$31,645$28,519$24,756
11 years$38,681$34,591$30,886$27,540$24,528$20,942
12 years$35,095$31,047$27,411$24,157$21,255$17,845
13 years$32,063$28,058$24,490$21,327$18,535$15,295
14 years$29,467$25,504$22,004$18,931$16,248$13,173
15 years$27,218$23,298$19,867$16,884$14,306$11,393
16 years$25,253$21,375$18,012$15,117$12,643$9,886
17 years$23,521$19,686$16,390$13,583$11,210$8,604
18 years$21,983$18,191$14,962$12,241$9,968$7,507
19 years$20,608$16,859$13,697$11,061$8,885$6,564
20 years$19,372$15,666$12,571$10,018$7,936$5,750
21 years$18,256$14,592$11,563$9,092$7,102$5,045
22 years$17,242$13,621$10,657$8,266$6,366$4,432
23 years$16,318$12,740$9,840$7,528$5,714$3,898
24 years$15,472$11,936$9,100$6,866$5,136$3,433
25 years$14,695$11,202$8,428$6,271$4,622$3,025
26 years$13,979$10,528$7,817$5,734$4,163$2,668
27 years$13,318$9,908$7,259$5,248$3,753$2,355
28 years$12,704$9,336$6,748$4,808$3,387$2,080
29 years$12,134$8,808$6,279$4,409$3,058$1,838
30 years$11,603$8,318$5,849$4,047$2,763$1,625
31 years$11,107$7,863$5,453$3,717$2,498$1,437
32 years$10,643$7,440$5,088$3,416$2,260$1,272
33 years$10,208$7,046$4,750$3,141$2,045$1,126
34 years$9,799$6,678$4,438$2,890$1,852$997
35 years$9,415$6,334$4,150$2,660$1,677$883
36 years$9,053$6,012$3,882$2,450$1,520$782
37 years$8,711$5,710$3,633$2,257$1,377$693
38 years$8,388$5,426$3,403$2,081$1,249$614
39 years$8,082$5,160$3,188$1,919$1,132$544
40 years$7,793$4,909$2,988$1,770$1,027$482
41 years$7,518$4,673$2,802$1,633$932$427
42 years$7,257$4,451$2,628$1,507$845$379
43 years$7,009$4,241$2,466$1,391$767$336
44 years$6,772$4,042$2,315$1,284$696$298
45 years$6,547$3,855$2,174$1,186$632$264
46 years$6,333$3,677$2,042$1,096$574$234
47 years$6,128$3,509$1,918$1,012$521$208
48 years$5,932$3,350$1,802$935$473$184
49 years$5,744$3,199$1,694$864$430$163
50 years$5,565$3,056$1,593$799$391$145

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 $5,846 every year, while hoping to spend $43,088 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: 48/23/29 Blend
39$5,700,000$5,700,000$5,700,000$5,700,000
40$6,287,430$5,985,330$5,896,980$6,536,871
41$6,882,903$6,232,766$6,048,684$6,960,648
42$7,537,669$6,490,882$6,204,025$7,415,928
43$8,257,733$6,760,156$6,363,081$7,909,556
44$9,049,706$7,041,088$6,525,929$8,445,174
45$9,920,875$7,334,201$6,692,647$9,026,786
46$10,879,269$7,640,042$6,863,315$9,658,794
47$11,933,733$7,959,182$7,038,014$10,346,040
48$13,094,012$8,292,221$7,216,826$11,093,848
49$14,370,846$8,639,784$7,399,835$11,908,074
50$15,776,066$9,002,527$7,587,123$12,795,161
51$17,322,709$9,381,135$7,778,776$13,762,195
52$19,025,141$9,776,326$7,974,880$14,816,975
53$20,899,190$10,188,851$8,175,523$15,968,079
54$22,962,296$10,619,493$8,380,792$17,224,949
55$25,233,677$11,069,076$8,590,776$18,597,976
56$27,734,511$11,538,459$8,805,565$20,098,597
57$30,488,130$12,028,542$9,025,250$21,739,397
58$33,520,245$12,540,267$9,249,923$23,534,233
59$36,859,190$13,074,620$9,479,675$25,498,356
60$40,536,184$13,632,633$9,714,601$27,648,557
61$44,585,628$14,215,385$9,954,793$30,003,323
62$49,045,430$14,824,006$10,200,346$32,583,005
63$53,957,361$15,459,680$10,451,355$35,410,015
64$59,367,453$16,123,645$10,707,916$38,509,027
65$65,326,426$16,817,198$10,970,125$41,907,213
66$71,890,175$17,541,694$11,238,078$45,634,495
67$79,120,291$18,298,555$11,511,871$49,723,824
68$87,084,644$19,089,267$11,791,602$54,211,489
69$95,858,025$19,915,388$12,077,368$59,137,457
70$105,522,849$20,778,548$12,369,265$64,545,743
71$116,169,935$21,680,452$12,667,391$70,484,830
72$127,899,363$22,622,889$12,971,843$77,008,114
73$140,821,415$23,607,727$13,282,717$84,174,412
74$155,057,620$24,636,927$13,600,109$92,048,510
75$170,741,899$25,712,538$13,924,114$100,701,770
76$188,021,830$26,836,709$14,254,829$110,212,801
77$207,060,038$28,011,689$14,592,347$120,668,197
78$228,035,732$29,239,832$14,936,761$132,163,348
79$251,146,397$30,523,605$15,288,163$144,803,341
80$276,609,658$31,865,589$15,646,645$158,703,938
81$304,665,330$33,268,491$16,012,294$173,992,674
82$335,577,688$34,735,141$16,385,200$190,810,048
83$369,637,956$36,268,506$16,765,448$209,310,849
84$407,167,058$37,871,694$17,153,122$229,665,607
85$448,518,649$39,547,958$17,548,302$252,062,202
86$494,082,450$41,300,706$17,951,069$276,707,626
87$544,287,927$43,133,509$18,361,497$303,829,935
88$599,608,349$45,050,104$18,779,661$333,680,392
89$660,565,250$47,054,409$19,205,629$366,535,836
90$727,733,356$49,150,525$19,639,468$402,701,283
91$801,746,008$51,342,750$20,081,239$442,512,801
92$883,301,141$53,635,585$20,531,002$486,340,673
93$973,167,875$56,033,746$20,988,808$534,592,888
94$1,072,193,771$58,542,173$21,454,706$587,718,977
95$1,181,312,836$61,166,040$21,928,739$646,214,256
96$1,301,554,338$63,910,768$22,410,944$710,624,484
97$1,434,052,522$66,782,037$22,901,352$781,551,013
98$1,580,057,319$69,785,797$23,399,987$859,656,450
99$1,740,946,146$72,928,282$23,906,867$945,670,903
100$1,918,236,907$76,216,022$24,422,002$1,040,398,861