Can I retire at age 40 with 6,100,000?

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 $6,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$503,732$499,245$494,868$490,595$486,423$482,347
2 years$249,372$244,728$240,227$235,863$231,630$227,522
3 years$164,597$159,933$155,443$151,120$146,955$142,943
4 years$122,217$117,567$113,123$108,873$104,810$100,924
5 years$96,796$92,174$87,788$83,625$79,675$75,926
6 years$79,855$75,267$70,946$66,876$63,044$59,438
7 years$67,758$63,209$58,956$54,982$51,272$47,809
8 years$58,690$54,182$49,999$46,123$42,535$39,216
9 years$51,640$47,175$43,064$39,287$35,820$32,645
10 years$46,004$41,583$37,545$33,866$30,521$27,486
11 years$41,396$37,019$33,054$29,473$26,249$23,353
12 years$37,558$33,226$29,334$25,852$22,747$19,987
13 years$34,313$30,026$26,208$22,823$19,836$17,209
14 years$31,535$27,293$23,548$20,260$17,388$14,891
15 years$29,129$24,933$21,261$18,068$15,310$12,939
16 years$27,025$22,875$19,276$16,178$13,531$11,282
17 years$25,171$21,067$17,540$14,536$11,997$9,867
18 years$23,525$19,467$16,012$13,100$10,667$8,652
19 years$22,054$18,042$14,658$11,837$9,508$7,603
20 years$20,732$16,766$13,453$10,721$8,493$6,694
21 years$19,537$15,616$12,374$9,730$7,600$5,904
22 years$18,452$14,577$11,405$8,846$6,812$5,214
23 years$17,463$13,634$10,530$8,057$6,115$4,611
24 years$16,558$12,774$9,739$7,348$5,496$4,082
25 years$15,727$11,988$9,020$6,711$4,946$3,618
26 years$14,960$11,267$8,365$6,136$4,455$3,209
27 years$14,252$10,603$7,768$5,616$4,017$2,848
28 years$13,596$9,991$7,221$5,146$3,624$2,529
29 years$12,985$9,426$6,720$4,719$3,273$2,248
30 years$12,417$8,902$6,260$4,331$2,957$1,999
31 years$11,886$8,415$5,836$3,977$2,673$1,778
32 years$11,390$7,962$5,445$3,655$2,418$1,582
33 years$10,924$7,540$5,084$3,361$2,189$1,409
34 years$10,487$7,147$4,750$3,093$1,982$1,254
35 years$10,076$6,778$4,441$2,847$1,795$1,117
36 years$9,688$6,434$4,154$2,622$1,626$996
37 years$9,322$6,111$3,888$2,416$1,474$887
38 years$8,977$5,807$3,641$2,227$1,336$791
39 years$8,650$5,522$3,412$2,053$1,212$705
40 years$8,340$5,254$3,198$1,894$1,099$629
41 years$8,046$5,001$2,998$1,747$997$561
42 years$7,766$4,763$2,813$1,613$905$500
43 years$7,501$4,538$2,639$1,489$821$446
44 years$7,248$4,326$2,477$1,374$745$398
45 years$7,007$4,125$2,326$1,269$677$355
46 years$6,777$3,935$2,185$1,172$614$317
47 years$6,558$3,755$2,053$1,083$558$283
48 years$6,348$3,585$1,929$1,001$507$252
49 years$6,148$3,423$1,813$925$460$225
50 years$5,956$3,270$1,704$855$418$201

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $6,100,000, adding $4,857 every year, while hoping to spend $27,903 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: 72/12/16 Blend
39$6,100,000$6,100,000$6,100,000$6,100,000
40$6,727,210$6,403,910$6,309,360$7,186,653
41$7,383,697$6,688,013$6,491,035$7,776,279
42$8,106,210$6,985,102$6,677,861$8,417,920
43$8,901,455$7,295,783$6,869,981$9,119,859
44$9,776,820$7,620,693$7,067,542$9,888,061
45$10,740,446$7,960,498$7,270,695$10,729,095
46$11,801,303$8,315,893$7,479,594$11,650,192
47$12,969,275$8,687,612$7,694,400$12,659,312
48$14,255,254$9,076,417$7,915,275$13,765,222
49$15,671,241$9,483,113$8,142,388$14,977,571
50$17,230,460$9,908,538$8,375,911$16,306,987
51$18,947,483$10,353,572$8,616,020$17,765,172
52$20,838,368$10,819,138$8,862,897$19,365,012
53$22,920,807$11,306,202$9,116,730$21,120,699
54$25,214,298$11,815,774$9,377,709$23,047,862
55$27,740,325$12,348,916$9,646,031$25,163,714
56$30,522,563$12,906,739$9,921,899$27,487,211
57$33,587,101$13,490,405$10,205,519$30,039,236
58$36,962,686$14,101,135$10,497,104$32,842,785
59$40,680,995$14,740,206$10,796,872$35,923,191
60$44,776,938$15,408,958$11,105,049$39,308,356
61$49,288,982$16,108,792$11,421,864$43,029,018
62$54,259,514$16,841,180$11,747,553$47,119,034
63$59,735,248$17,607,661$12,082,359$51,615,700
64$65,767,656$18,409,849$12,426,531$56,560,102
65$72,413,461$19,249,435$12,780,323$61,997,502
66$79,735,169$20,128,193$13,144,000$67,977,760
67$87,801,661$21,047,980$13,517,829$74,555,809
68$96,688,841$22,010,741$13,902,086$81,792,164
69$106,480,353$23,018,517$14,297,056$89,753,494
70$117,268,370$24,073,446$14,703,029$98,513,254
71$129,154,466$25,177,767$15,120,302$108,152,365
72$142,250,573$26,333,828$15,549,184$118,759,985
73$156,680,036$27,544,091$15,989,986$130,434,345
74$172,578,782$28,811,134$16,443,033$143,283,670
75$190,096,597$30,137,659$16,908,654$157,427,204
76$209,398,546$31,526,499$17,387,189$172,996,327
77$230,666,523$32,980,624$17,878,986$190,135,795
78$254,100,979$34,503,145$18,384,402$209,005,101
79$279,922,802$36,097,323$18,903,804$229,779,982
80$308,375,413$37,766,576$19,437,566$252,654,067
81$339,727,055$39,514,488$19,986,074$277,840,708
82$374,273,332$41,344,815$20,549,725$305,574,986
83$412,339,993$43,261,492$21,128,922$336,115,928
84$454,286,013$45,268,646$21,724,081$369,748,945
85$500,506,978$47,370,602$22,335,630$406,788,528
86$551,438,822$49,571,893$22,964,005$447,581,207
87$607,561,937$51,877,272$23,609,655$492,508,817
88$669,405,716$54,291,719$24,273,040$541,992,102
89$737,553,542$56,820,456$24,954,630$596,494,679
90$812,648,303$59,468,958$25,654,909$656,527,409
91$895,398,454$62,242,962$26,374,374$722,653,213
92$986,584,712$65,148,483$27,113,531$795,492,385
93$1,087,067,421$68,191,826$27,872,902$875,728,436
94$1,197,794,674$71,379,602$28,653,020$964,114,542
95$1,319,811,267$74,718,739$29,454,433$1,061,480,650
96$1,454,268,562$78,216,503$30,277,702$1,168,741,303
97$1,602,435,352$81,880,508$31,123,402$1,286,904,267
98$1,765,709,843$85,718,738$31,992,121$1,417,080,037
99$1,945,632,855$89,739,564$32,884,465$1,560,492,314
100$2,143,902,362$93,951,759$33,801,051$1,718,489,549