Can I retire at age 40 with 5,800,000?

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 $5,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$478,959$474,692$470,530$466,467$462,500$448,774
2 years$237,108$232,692$228,413$224,263$220,238$206,523
3 years$156,502$152,067$147,798$143,688$139,728$126,453
4 years$116,207$111,785$107,559$103,519$99,655$86,923
5 years$92,036$87,641$83,470$79,512$75,756$63,601
6 years$75,927$71,566$67,456$63,587$59,943$48,376
7 years$64,426$60,101$56,057$52,278$48,750$37,770
8 years$55,803$51,517$47,540$43,855$40,443$30,044
9 years$49,101$44,855$40,947$37,355$34,059$24,230
10 years$43,742$39,538$35,698$32,200$29,020$19,748
11 years$39,360$35,198$31,428$28,024$24,958$16,226
12 years$35,711$31,592$27,892$24,580$21,628$13,420
13 years$32,626$28,550$24,919$21,701$18,860$11,156
14 years$29,984$25,951$22,390$19,264$16,533$9,313
15 years$27,696$23,707$20,215$17,180$14,557$7,802
16 years$25,696$21,750$18,328$15,383$12,865$6,554
17 years$23,933$20,031$16,678$13,821$11,407$5,519
18 years$22,368$18,510$15,225$12,456$10,143$4,656
19 years$20,970$17,155$13,938$11,255$9,040$3,934
20 years$19,712$15,941$12,791$10,193$8,075$3,329
21 years$18,576$14,848$11,765$9,251$7,226$2,820
22 years$17,545$13,860$10,844$8,411$6,477$2,392
23 years$16,605$12,963$10,012$7,660$5,814$2,030
24 years$15,744$12,146$9,260$6,987$5,226$1,724
25 years$14,953$11,398$8,576$6,381$4,703$1,465
26 years$14,225$10,713$7,954$5,834$4,236$1,245
27 years$13,551$10,082$7,386$5,340$3,819$1,059
28 years$12,927$9,500$6,866$4,893$3,446$901
29 years$12,347$8,962$6,390$4,487$3,112$767
30 years$11,806$8,464$5,952$4,118$2,812$653
31 years$11,302$8,001$5,549$3,782$2,542$556
32 years$10,830$7,571$5,177$3,476$2,299$473
33 years$10,387$7,170$4,834$3,196$2,081$403
34 years$9,971$6,795$4,516$2,941$1,884$343
35 years$9,580$6,445$4,222$2,707$1,706$293
36 years$9,212$6,117$3,950$2,493$1,546$249
37 years$8,864$5,810$3,697$2,297$1,401$212
38 years$8,535$5,522$3,462$2,117$1,270$181
39 years$8,224$5,250$3,244$1,952$1,152$154
40 years$7,930$4,995$3,040$1,801$1,045$131
41 years$7,650$4,755$2,851$1,661$948$112
42 years$7,384$4,529$2,674$1,533$860$96
43 years$7,132$4,315$2,509$1,415$781$81
44 years$6,891$4,113$2,355$1,307$709$69
45 years$6,662$3,922$2,212$1,207$643$59
46 years$6,444$3,742$2,077$1,115$584$50
47 years$6,235$3,571$1,952$1,030$530$43
48 years$6,036$3,409$1,834$952$482$37
49 years$5,845$3,255$1,724$880$437$31
50 years$5,663$3,109$1,621$813$397$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $5,800,000, adding $4,028 every year, while hoping to spend $51,392 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: 49/24/27 Blend
39$5,800,000$5,800,000$5,800,000$5,800,000
40$6,395,755$6,088,355$5,998,455$6,659,929
41$6,993,441$6,332,004$6,144,722$7,088,988
42$7,650,369$6,585,869$6,294,168$7,549,453
43$8,372,527$6,850,396$6,446,842$8,048,730
44$9,166,512$7,126,053$6,602,799$8,590,514
45$10,039,593$7,413,327$6,762,090$9,178,868
46$10,999,779$7,712,727$6,924,767$9,818,258
47$12,055,892$8,024,787$7,090,883$10,513,599
48$13,217,655$8,350,062$7,260,488$11,270,293
49$14,495,776$8,689,136$7,433,636$12,094,286
50$15,902,059$9,042,618$7,610,376$12,992,117
51$17,449,506$9,411,142$7,790,760$13,970,984
52$19,152,443$9,795,376$7,974,838$15,038,803
53$21,026,657$10,196,014$8,162,660$16,204,288
54$23,089,542$10,613,785$8,354,275$17,477,029
55$25,360,264$11,049,449$8,549,732$18,867,579
56$27,859,940$11,503,801$8,749,077$20,387,557
57$30,611,840$11,977,674$8,952,358$22,049,749
58$33,641,605$12,471,937$9,159,619$23,868,232
59$36,977,488$12,987,501$9,370,905$25,858,506
60$40,650,620$13,525,318$9,586,260$28,037,631
61$44,695,308$14,086,382$9,805,723$30,424,395
62$49,149,350$14,671,736$10,029,336$33,039,482
63$54,054,402$15,282,469$10,257,136$35,905,670
64$59,456,360$15,919,719$10,489,160$39,048,040
65$65,405,804$16,584,680$10,725,442$42,494,213
66$71,958,464$17,278,598$10,966,013$46,274,607
67$79,175,757$18,002,778$11,210,903$50,422,720
68$87,125,355$18,758,585$11,460,139$54,975,447
69$95,881,832$19,547,448$11,713,745$59,973,423
70$105,527,366$20,370,859$11,971,743$65,461,404
71$116,152,510$21,230,384$12,234,149$71,488,686
72$127,857,052$22,127,659$12,500,978$78,109,569
73$140,750,952$23,064,395$12,772,242$85,383,863
74$154,955,382$24,042,384$13,047,945$93,377,453
75$170,603,872$25,063,501$13,328,092$102,162,913
76$187,843,563$26,129,708$13,612,679$111,820,193
77$206,836,602$27,243,060$13,901,700$122,437,363
78$227,761,671$28,405,706$14,195,143$134,111,445
79$250,815,671$29,619,895$14,492,989$146,949,325
80$276,215,582$30,887,982$14,795,216$161,068,753
81$304,200,509$32,212,431$15,101,795$176,599,456
82$335,033,944$33,595,823$15,412,688$193,684,351
83$369,006,247$35,040,858$15,727,853$212,480,897
84$406,437,387$36,550,364$16,047,239$233,162,569
85$447,679,968$38,127,299$16,370,789$255,920,495
86$493,122,550$39,774,762$16,698,435$280,965,251
87$543,193,321$41,495,996$17,030,104$308,528,846
88$598,364,137$43,294,397$17,365,710$338,866,906
89$659,154,977$45,173,521$17,705,159$372,261,077
90$726,138,850$47,137,089$18,048,347$409,021,682
91$799,947,205$49,188,998$18,395,159$449,490,640
92$881,275,891$51,333,331$18,745,469$494,044,688
93$970,891,727$53,574,359$19,099,137$543,098,931
94$1,069,639,737$55,916,557$19,456,012$597,110,749
95$1,178,451,132$58,364,609$19,815,930$656,584,112
96$1,298,352,095$60,923,423$20,178,711$722,074,324
97$1,430,473,474$63,598,135$20,544,163$794,193,260
98$1,576,061,451$66,394,127$20,912,075$873,615,131
99$1,736,489,312$69,317,032$21,282,222$961,082,840
100$1,913,270,406$72,372,751$21,654,362$1,057,414,984