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

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 $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%13.2%
1 years$503,732$499,245$494,868$490,595$486,423$479,946
2 years$249,372$244,728$240,227$235,863$231,630$225,116
3 years$164,597$159,933$155,443$151,120$146,955$140,606
4 years$122,217$117,567$113,123$108,873$104,810$98,673
5 years$96,796$92,174$87,788$83,625$79,675$73,769
6 years$79,855$75,267$70,946$66,876$63,044$57,377
7 years$67,758$63,209$58,956$54,982$51,272$45,845
8 years$58,690$54,182$49,999$46,123$42,535$37,347
9 years$51,640$47,175$43,064$39,287$35,820$30,870
10 years$46,004$41,583$37,545$33,866$30,521$25,804
11 years$41,396$37,019$33,054$29,473$26,249$21,762
12 years$37,558$33,226$29,334$25,852$22,747$18,484
13 years$34,313$30,026$26,208$22,823$19,836$15,791
14 years$31,535$27,293$23,548$20,260$17,388$13,556
15 years$29,129$24,933$21,261$18,068$15,310$11,684
16 years$27,025$22,875$19,276$16,178$13,531$10,104
17 years$25,171$21,067$17,540$14,536$11,997$8,763
18 years$23,525$19,467$16,012$13,100$10,667$7,618
19 years$22,054$18,042$14,658$11,837$9,508$6,637
20 years$20,732$16,766$13,453$10,721$8,493$5,792
21 years$19,537$15,616$12,374$9,730$7,600$5,063
22 years$18,452$14,577$11,405$8,846$6,812$4,431
23 years$17,463$13,634$10,530$8,057$6,115$3,883
24 years$16,558$12,774$9,739$7,348$5,496$3,406
25 years$15,727$11,988$9,020$6,711$4,946$2,990
26 years$14,960$11,267$8,365$6,136$4,455$2,627
27 years$14,252$10,603$7,768$5,616$4,017$2,309
28 years$13,596$9,991$7,221$5,146$3,624$2,031
29 years$12,985$9,426$6,720$4,719$3,273$1,788
30 years$12,417$8,902$6,260$4,331$2,957$1,574
31 years$11,886$8,415$5,836$3,977$2,673$1,387
32 years$11,390$7,962$5,445$3,655$2,418$1,222
33 years$10,924$7,540$5,084$3,361$2,189$1,077
34 years$10,487$7,147$4,750$3,093$1,982$949
35 years$10,076$6,778$4,441$2,847$1,795$837
36 years$9,688$6,434$4,154$2,622$1,626$738
37 years$9,322$6,111$3,888$2,416$1,474$651
38 years$8,977$5,807$3,641$2,227$1,336$575
39 years$8,650$5,522$3,412$2,053$1,212$507
40 years$8,340$5,254$3,198$1,894$1,099$448
41 years$8,046$5,001$2,998$1,747$997$395
42 years$7,766$4,763$2,813$1,613$905$349
43 years$7,501$4,538$2,639$1,489$821$308
44 years$7,248$4,326$2,477$1,374$745$272
45 years$7,007$4,125$2,326$1,269$677$240
46 years$6,777$3,935$2,185$1,172$614$212
47 years$6,558$3,755$2,053$1,083$558$187
48 years$6,348$3,585$1,929$1,001$507$165
49 years$6,148$3,423$1,813$925$460$146
50 years$5,956$3,270$1,704$855$418$129

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 $4,989 every year, while hoping to spend $28,812 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: 60/19/21 Blend
39$6,100,000$6,100,000$6,100,000$6,100,000
40$6,727,346$6,404,046$6,309,496$7,093,494
41$7,382,880$6,687,189$6,490,209$7,625,363
42$8,104,312$6,983,240$6,676,009$8,201,780
43$8,898,334$7,292,801$6,867,038$8,830,024
44$9,772,320$7,616,503$7,063,439$9,515,125
45$10,734,391$7,955,007$7,265,359$10,262,620
46$11,793,501$8,309,004$7,472,951$11,078,599
47$12,959,513$8,679,220$7,686,369$11,969,760
48$14,243,295$9,066,413$7,905,774$12,943,476
49$15,656,822$9,471,379$8,131,329$14,007,861
50$17,213,292$9,894,950$8,363,202$15,171,841
51$18,927,245$10,338,000$8,601,567$16,445,244
52$20,814,704$10,801,443$8,846,600$17,838,884
53$22,893,327$11,286,236$9,098,483$19,364,665
54$25,182,567$11,793,382$9,357,403$21,035,694
55$27,703,865$12,323,934$9,623,552$22,866,396
56$30,480,845$12,878,992$9,897,127$24,872,655
57$33,539,538$13,459,711$10,178,328$27,071,956
58$36,908,633$14,067,298$10,467,364$29,483,553
59$40,619,739$14,703,021$10,764,446$32,128,646
60$44,707,690$15,368,207$11,069,793$35,030,580
61$49,210,872$16,064,246$11,383,628$38,215,059
62$54,171,582$16,792,596$11,706,181$41,710,393
63$59,636,433$17,554,783$12,037,688$45,547,756
64$65,656,788$18,352,406$12,378,389$49,761,481
65$72,289,249$19,187,142$12,728,533$54,389,382
66$79,596,188$20,060,747$13,088,375$59,473,104
67$87,646,337$20,975,063$13,458,174$65,058,517
68$96,515,440$21,932,017$13,838,199$71,196,145
69$106,286,960$22,933,630$14,228,723$77,941,636
70$117,052,873$23,982,022$14,630,029$85,356,288
71$128,914,536$25,079,411$15,042,405$93,507,625
72$141,983,640$26,228,124$15,466,147$102,470,023
73$156,383,267$27,430,598$15,901,559$112,325,417
74$172,249,051$28,689,388$16,348,952$123,164,065
75$189,730,458$30,007,171$16,808,645$135,085,396
76$208,992,196$31,386,754$17,280,966$148,198,947
77$230,215,773$32,831,077$17,766,251$162,625,390
78$253,601,205$34,343,223$18,264,844$178,497,664
79$279,368,908$35,926,422$18,777,097$195,962,229
80$307,761,780$37,584,059$19,303,372$215,180,443
81$339,047,487$39,319,684$19,844,041$236,330,076
82$373,520,998$41,137,016$20,399,484$259,606,983
83$411,507,363$43,039,953$20,970,090$285,226,950
84$453,364,785$45,032,582$21,556,259$313,427,723
85$499,488,000$47,119,184$22,158,400$344,471,243
86$550,312,002$49,304,251$22,776,933$378,646,116
87$606,316,154$51,592,487$23,412,288$416,270,326
88$668,028,708$53,988,825$24,064,905$457,694,233
89$736,031,794$56,498,435$24,735,237$503,303,872
90$810,966,916$59,126,737$25,423,746$553,524,583
91$893,541,006$61,879,412$26,130,907$608,825,028
92$984,533,101$64,762,415$26,857,204$669,721,597
93$1,084,801,693$67,781,989$27,603,136$736,783,279
94$1,195,292,837$70,944,678$28,369,213$810,637,020
95$1,317,049,081$74,257,342$29,155,956$891,973,634
96$1,451,219,308$77,727,173$29,963,901$981,554,312
97$1,599,069,581$81,361,708$30,793,596$1,080,217,797
98$1,761,995,098$85,168,852$31,645,601$1,188,888,291
99$1,941,533,361$89,156,889$32,520,492$1,308,584,167
100$2,139,378,692$93,334,504$33,418,857$1,440,427,570