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%17.6%
1 years$503,732$499,245$494,868$490,595$486,423$471,418
2 years$249,372$244,728$240,227$235,863$231,630$216,644
3 years$164,597$159,933$155,443$151,120$146,955$132,459
4 years$122,217$117,567$113,123$108,873$104,810$90,913
5 years$96,796$92,174$87,788$83,625$79,675$66,416
6 years$79,855$75,267$70,946$66,876$63,044$50,434
7 years$67,758$63,209$58,956$54,982$51,272$39,310
8 years$58,690$54,182$49,999$46,123$42,535$31,214
9 years$51,640$47,175$43,064$39,287$35,820$25,127
10 years$46,004$41,583$37,545$33,866$30,521$20,440
11 years$41,396$37,019$33,054$29,473$26,249$16,763
12 years$37,558$33,226$29,334$25,852$22,747$13,836
13 years$34,313$30,026$26,208$22,823$19,836$11,479
14 years$31,535$27,293$23,548$20,260$17,388$9,563
15 years$29,129$24,933$21,261$18,068$15,310$7,994
16 years$27,025$22,875$19,276$16,178$13,531$6,701
17 years$25,171$21,067$17,540$14,536$11,997$5,630
18 years$23,525$19,467$16,012$13,100$10,667$4,739
19 years$22,054$18,042$14,658$11,837$9,508$3,996
20 years$20,732$16,766$13,453$10,721$8,493$3,374
21 years$19,537$15,616$12,374$9,730$7,600$2,851
22 years$18,452$14,577$11,405$8,846$6,812$2,412
23 years$17,463$13,634$10,530$8,057$6,115$2,042
24 years$16,558$12,774$9,739$7,348$5,496$1,730
25 years$15,727$11,988$9,020$6,711$4,946$1,467
26 years$14,960$11,267$8,365$6,136$4,455$1,244
27 years$14,252$10,603$7,768$5,616$4,017$1,055
28 years$13,596$9,991$7,221$5,146$3,624$896
29 years$12,985$9,426$6,720$4,719$3,273$760
30 years$12,417$8,902$6,260$4,331$2,957$646
31 years$11,886$8,415$5,836$3,977$2,673$548
32 years$11,390$7,962$5,445$3,655$2,418$466
33 years$10,924$7,540$5,084$3,361$2,189$396
34 years$10,487$7,147$4,750$3,093$1,982$336
35 years$10,076$6,778$4,441$2,847$1,795$286
36 years$9,688$6,434$4,154$2,622$1,626$243
37 years$9,322$6,111$3,888$2,416$1,474$207
38 years$8,977$5,807$3,641$2,227$1,336$176
39 years$8,650$5,522$3,412$2,053$1,212$149
40 years$8,340$5,254$3,198$1,894$1,099$127
41 years$8,046$5,001$2,998$1,747$997$108
42 years$7,766$4,763$2,813$1,613$905$92
43 years$7,501$4,538$2,639$1,489$821$78
44 years$7,248$4,326$2,477$1,374$745$66
45 years$7,007$4,125$2,326$1,269$677$56
46 years$6,777$3,935$2,185$1,172$614$48
47 years$6,558$3,755$2,053$1,083$558$41
48 years$6,348$3,585$1,929$1,001$507$35
49 years$6,148$3,423$1,813$925$460$29
50 years$5,956$3,270$1,704$855$418$25

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 $4,660 every year, while hoping to spend $24,558 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: 82/11/7 Blend
39$6,100,000$6,100,000$6,100,000$6,100,000
40$6,727,007$6,403,707$6,309,157$7,273,713
41$7,387,032$6,691,359$6,494,384$7,919,557
42$8,113,557$6,992,283$6,684,993$8,624,662
43$8,913,338$7,307,103$6,881,139$9,397,972
44$9,793,821$7,636,474$7,082,980$10,246,300
45$10,763,210$7,981,080$7,290,679$11,177,151
46$11,830,545$8,341,641$7,504,404$12,198,790
47$13,005,787$8,718,908$7,724,328$13,320,316
48$14,299,912$9,113,669$7,950,628$14,551,753
49$15,725,015$9,526,751$8,183,486$15,904,139
50$17,294,424$9,959,019$8,423,091$17,389,630
51$19,022,825$10,411,381$8,669,633$19,021,615
52$20,926,400$10,884,785$8,923,313$20,814,843
53$23,022,982$11,380,229$9,184,333$22,785,557
54$25,332,221$11,898,755$9,452,904$24,951,649
55$27,875,771$12,441,458$9,729,239$27,332,829
56$30,677,493$13,009,482$10,013,561$29,950,806
57$33,763,679$13,604,028$10,306,098$32,829,496
58$37,163,304$14,226,356$10,607,082$35,995,242
59$40,908,297$14,877,783$10,916,755$39,477,066
60$45,033,840$15,559,691$11,235,363$43,306,939
61$49,578,705$16,273,530$11,563,161$47,520,080
62$54,585,616$17,020,816$11,900,410$52,155,293
63$60,101,653$17,803,140$12,247,378$57,255,323
64$66,178,698$18,622,170$12,604,341$62,867,264
65$72,873,921$19,479,652$12,971,583$69,043,002
66$80,250,325$20,377,418$13,349,395$75,839,700
67$88,377,334$21,317,388$13,738,076$83,320,337
68$97,331,455$22,301,573$14,137,934$91,554,300
69$107,196,995$23,332,082$14,549,286$100,618,039
70$118,066,858$24,411,123$14,972,457$110,595,787
71$130,043,424$25,541,015$15,407,781$121,580,348
72$143,239,513$26,724,184$15,855,601$133,673,975
73$157,779,450$27,963,176$16,316,271$146,989,335
74$173,800,241$29,260,658$16,790,152$161,650,565
75$191,452,861$30,619,426$17,277,618$177,794,442
76$210,903,686$32,042,411$17,779,051$195,571,676
77$232,336,058$33,532,686$18,294,846$215,148,325
78$255,952,019$35,093,470$18,825,405$236,707,363
79$281,974,214$36,728,139$19,371,146$260,450,403
80$310,647,998$38,440,232$19,932,494$286,599,595
81$342,243,750$40,233,459$20,509,888$315,399,724
82$377,059,422$42,111,709$21,103,779$347,120,514
83$415,423,358$44,079,057$21,714,630$382,059,174
84$457,697,386$46,139,777$22,342,917$420,543,194
85$504,280,243$48,298,349$22,989,127$462,933,439
86$555,611,329$50,559,470$23,653,765$509,627,550
87$612,174,863$52,928,062$24,337,344$561,063,691
88$674,504,449$55,409,287$25,040,395$617,724,682
89$743,188,117$58,008,557$25,763,463$680,142,555
90$818,873,872$60,731,543$26,507,106$748,903,568
91$902,275,812$63,584,194$27,271,899$824,653,737
92$994,180,869$66,572,743$28,058,432$908,104,928
93$1,095,456,240$69,703,729$28,867,311$1,000,041,573
94$1,207,057,568$72,984,005$29,699,158$1,101,328,066
95$1,330,037,974$76,420,754$30,554,613$1,212,916,923
96$1,465,557,988$80,021,511$31,434,333$1,335,857,764
97$1,614,896,511$83,794,174$32,338,992$1,471,307,217
98$1,779,462,889$87,747,023$33,269,283$1,620,539,827
99$1,960,810,217$91,888,740$34,225,916$1,784,960,087
100$2,160,649,998$96,228,428$35,209,624$1,966,115,685