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%15.1%
1 years$470,701$466,508$462,417$458,425$454,526$444,985
2 years$233,020$228,680$224,474$220,396$216,441$206,874
3 years$153,804$149,445$145,250$141,210$137,319$128,024
4 years$114,203$109,858$105,705$101,734$97,937$88,985
5 years$90,449$86,130$82,031$78,141$74,450$65,868
6 years$74,618$70,332$66,293$62,490$58,910$50,706
7 years$63,315$59,064$55,090$51,377$47,910$40,085
8 years$54,841$50,629$46,721$43,099$39,746$32,298
9 years$48,254$44,082$40,241$36,711$33,472$26,397
10 years$42,987$38,856$35,083$31,645$28,519$21,810
11 years$38,681$34,591$30,886$27,540$24,528$18,175
12 years$35,095$31,047$27,411$24,157$21,255$15,249
13 years$32,063$28,058$24,490$21,327$18,535$12,866
14 years$29,467$25,504$22,004$18,931$16,248$10,904
15 years$27,218$23,298$19,867$16,884$14,306$9,276
16 years$25,253$21,375$18,012$15,117$12,643$7,916
17 years$23,521$19,686$16,390$13,583$11,210$6,772
18 years$21,983$18,191$14,962$12,241$9,968$5,807
19 years$20,608$16,859$13,697$11,061$8,885$4,989
20 years$19,372$15,666$12,571$10,018$7,936$4,292
21 years$18,256$14,592$11,563$9,092$7,102$3,698
22 years$17,242$13,621$10,657$8,266$6,366$3,190
23 years$16,318$12,740$9,840$7,528$5,714$2,754
24 years$15,472$11,936$9,100$6,866$5,136$2,380
25 years$14,695$11,202$8,428$6,271$4,622$2,058
26 years$13,979$10,528$7,817$5,734$4,163$1,781
27 years$13,318$9,908$7,259$5,248$3,753$1,542
28 years$12,704$9,336$6,748$4,808$3,387$1,336
29 years$12,134$8,808$6,279$4,409$3,058$1,158
30 years$11,603$8,318$5,849$4,047$2,763$1,003
31 years$11,107$7,863$5,453$3,717$2,498$870
32 years$10,643$7,440$5,088$3,416$2,260$755
33 years$10,208$7,046$4,750$3,141$2,045$655
34 years$9,799$6,678$4,438$2,890$1,852$568
35 years$9,415$6,334$4,150$2,660$1,677$493
36 years$9,053$6,012$3,882$2,450$1,520$428
37 years$8,711$5,710$3,633$2,257$1,377$371
38 years$8,388$5,426$3,403$2,081$1,249$323
39 years$8,082$5,160$3,188$1,919$1,132$280
40 years$7,793$4,909$2,988$1,770$1,027$243
41 years$7,518$4,673$2,802$1,633$932$211
42 years$7,257$4,451$2,628$1,507$845$183
43 years$7,009$4,241$2,466$1,391$767$159
44 years$6,772$4,042$2,315$1,284$696$138
45 years$6,547$3,855$2,174$1,186$632$120
46 years$6,333$3,677$2,042$1,096$574$104
47 years$6,128$3,509$1,918$1,012$521$91
48 years$5,932$3,350$1,802$935$473$79
49 years$5,744$3,199$1,694$864$430$68
50 years$5,565$3,056$1,593$799$391$59

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 $3,765 every year, while hoping to spend $53,240 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: 38/38/24 Blend
39$5,700,000$5,700,000$5,700,000$5,700,000
40$6,285,284$5,983,184$5,894,834$6,478,942
41$6,869,736$6,219,713$6,035,664$6,856,864
42$7,512,017$6,466,047$6,179,427$7,259,796
43$8,217,971$6,722,612$6,326,166$7,694,210
44$8,994,034$6,989,849$6,475,922$8,162,990
45$9,847,296$7,268,223$6,628,736$8,669,300
46$10,785,572$7,558,217$6,784,650$9,216,615
47$11,817,467$7,860,337$6,943,703$9,808,750
48$12,952,467$8,175,112$7,105,936$10,449,899
49$14,201,020$8,503,093$7,271,385$11,144,666
50$15,574,638$8,844,859$7,440,091$11,898,112
51$17,086,006$9,201,012$7,612,089$12,715,799
52$18,749,101$9,572,184$7,787,416$13,603,841
53$20,579,321$9,959,033$7,966,107$14,568,956
54$22,593,636$10,362,249$8,148,195$15,618,535
55$24,810,739$10,782,552$8,333,712$16,760,701
56$27,251,233$11,220,695$8,522,690$18,004,389
57$29,937,816$11,677,466$8,715,157$19,359,426
58$32,895,499$12,153,688$8,911,141$20,836,620
59$36,151,842$12,650,222$9,110,667$22,447,863
60$39,737,215$13,167,967$9,313,759$24,206,236
61$43,685,079$13,707,865$9,520,437$26,126,133
62$48,032,306$14,270,900$9,730,722$28,223,391
63$52,819,529$14,858,102$9,944,628$30,515,440
64$58,091,518$15,470,546$10,162,170$33,021,461
65$63,897,608$16,109,358$10,383,359$35,762,564
66$70,292,164$16,775,716$10,608,201$38,761,987
67$77,335,089$17,470,851$10,836,700$42,045,308
68$85,092,397$18,196,051$11,068,858$45,640,683
69$93,636,827$18,952,663$11,304,670$49,579,110
70$103,048,537$19,742,097$11,544,130$53,894,716
71$113,415,855$20,565,827$11,787,226$58,625,074
72$124,836,115$21,425,396$12,033,941$63,811,554
73$137,416,575$22,322,416$12,284,254$69,499,710
74$151,275,427$23,258,576$12,538,138$75,739,704
75$166,542,917$24,235,643$12,795,562$82,586,773
76$183,362,569$25,255,464$13,056,488$90,101,746
77$201,892,542$26,319,972$13,320,871$98,351,615
78$222,307,122$27,431,192$13,588,661$107,410,159
79$244,798,369$28,591,240$13,859,801$117,358,633
80$269,577,923$29,802,332$14,134,226$128,286,532
81$296,879,011$31,066,786$14,411,862$140,292,429
82$326,958,641$32,387,029$14,692,630$153,484,895
83$360,100,029$33,765,600$14,976,440$167,983,521
84$396,615,274$35,205,157$15,263,192$183,920,036
85$436,848,303$36,708,480$15,552,780$201,439,547
86$481,178,116$38,278,482$15,845,085$220,701,894
87$530,022,366$39,918,210$16,139,977$241,883,156
88$583,841,298$41,630,852$16,437,317$265,177,304
89$643,142,095$43,419,749$16,736,952$290,798,019
90$708,483,667$45,288,395$17,038,718$318,980,702
91$780,481,923$47,240,448$17,342,437$349,984,688
92$859,815,588$49,279,739$17,647,918$384,095,677
93$947,232,609$51,410,278$17,954,954$421,628,429
94$1,043,557,215$53,636,261$18,263,325$462,929,716
95$1,149,697,697$55,962,084$18,572,792$508,381,589
96$1,266,654,984$58,392,349$18,883,103$558,404,967
97$1,395,532,091$60,931,872$19,193,985$613,463,603
98$1,537,544,529$63,585,698$19,505,149$674,068,444
99$1,694,031,782$66,359,109$19,816,283$740,782,441
100$1,866,469,954$69,257,635$20,127,058$814,225,850