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%13.7%
1 years$503,732$499,245$494,868$490,595$486,423$478,956
2 years$249,372$244,728$240,227$235,863$231,630$224,125
3 years$164,597$159,933$155,443$151,120$146,955$139,647
4 years$122,217$117,567$113,123$108,873$104,810$97,753
5 years$96,796$92,174$87,788$83,625$79,675$72,890
6 years$79,855$75,267$70,946$66,876$63,044$56,540
7 years$67,758$63,209$58,956$54,982$51,272$45,050
8 years$58,690$54,182$49,999$46,123$42,535$36,595
9 years$51,640$47,175$43,064$39,287$35,820$30,159
10 years$46,004$41,583$37,545$33,866$30,521$25,133
11 years$41,396$37,019$33,054$29,473$26,249$21,129
12 years$37,558$33,226$29,334$25,852$22,747$17,889
13 years$34,313$30,026$26,208$22,823$19,836$15,233
14 years$31,535$27,293$23,548$20,260$17,388$13,033
15 years$29,129$24,933$21,261$18,068$15,310$11,195
16 years$27,025$22,875$19,276$16,178$13,531$9,648
17 years$25,171$21,067$17,540$14,536$11,997$8,338
18 years$23,525$19,467$16,012$13,100$10,667$7,222
19 years$22,054$18,042$14,658$11,837$9,508$6,269
20 years$20,732$16,766$13,453$10,721$8,493$5,451
21 years$19,537$15,616$12,374$9,730$7,600$4,747
22 years$18,452$14,577$11,405$8,846$6,812$4,139
23 years$17,463$13,634$10,530$8,057$6,115$3,612
24 years$16,558$12,774$9,739$7,348$5,496$3,156
25 years$15,727$11,988$9,020$6,711$4,946$2,760
26 years$14,960$11,267$8,365$6,136$4,455$2,415
27 years$14,252$10,603$7,768$5,616$4,017$2,115
28 years$13,596$9,991$7,221$5,146$3,624$1,853
29 years$12,985$9,426$6,720$4,719$3,273$1,624
30 years$12,417$8,902$6,260$4,331$2,957$1,424
31 years$11,886$8,415$5,836$3,977$2,673$1,249
32 years$11,390$7,962$5,445$3,655$2,418$1,096
33 years$10,924$7,540$5,084$3,361$2,189$962
34 years$10,487$7,147$4,750$3,093$1,982$845
35 years$10,076$6,778$4,441$2,847$1,795$742
36 years$9,688$6,434$4,154$2,622$1,626$652
37 years$9,322$6,111$3,888$2,416$1,474$572
38 years$8,977$5,807$3,641$2,227$1,336$503
39 years$8,650$5,522$3,412$2,053$1,212$442
40 years$8,340$5,254$3,198$1,894$1,099$388
41 years$8,046$5,001$2,998$1,747$997$341
42 years$7,766$4,763$2,813$1,613$905$300
43 years$7,501$4,538$2,639$1,489$821$264
44 years$7,248$4,326$2,477$1,374$745$232
45 years$7,007$4,125$2,326$1,269$677$204
46 years$6,777$3,935$2,185$1,172$614$179
47 years$6,558$3,755$2,053$1,083$558$158
48 years$6,348$3,585$1,929$1,001$507$138
49 years$6,148$3,423$1,813$925$460$122
50 years$5,956$3,270$1,704$855$418$107

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 $6,230 every year, while hoping to spend $55,372 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: 30/46/24 Blend
39$6,100,000$6,100,000$6,100,000$6,100,000
40$6,728,626$6,405,326$6,310,776$6,880,242
41$7,356,031$6,660,272$6,463,272$7,252,506
42$8,045,575$6,925,854$6,619,020$7,647,368
43$8,803,538$7,202,535$6,778,072$8,071,029
44$9,636,839$7,490,799$6,940,477$8,526,021
45$10,553,099$7,791,152$7,106,286$9,015,121
46$11,560,717$8,104,120$7,275,549$9,541,372
47$12,668,946$8,430,257$7,448,315$10,108,111
48$13,887,978$8,770,139$7,624,633$10,719,001
49$15,229,045$9,124,370$7,804,552$11,378,057
50$16,704,523$9,493,580$7,988,120$12,089,686
51$18,328,047$9,878,427$8,175,384$12,858,726
52$20,114,639$10,279,601$8,366,391$13,690,488
53$22,080,853$10,697,823$8,561,186$14,590,803
54$24,244,928$11,133,844$8,759,814$15,566,077
55$26,626,962$11,588,454$8,962,319$16,623,344
56$29,249,098$12,062,474$9,168,743$17,770,333
57$32,135,737$12,556,766$9,379,126$19,015,536
58$35,313,765$13,072,231$9,593,510$20,368,286
59$38,812,808$13,609,808$9,811,931$21,838,842
60$42,665,509$14,170,484$10,034,426$23,438,479
61$46,907,841$14,755,288$10,261,029$25,179,597
62$51,579,440$15,365,296$10,491,772$27,075,825
63$56,723,982$16,001,635$10,726,686$29,142,156
64$62,389,596$16,665,483$10,965,798$31,395,075
65$68,629,315$17,358,072$11,209,132$33,852,716
66$75,501,579$18,080,691$11,456,712$36,535,028
67$83,070,784$18,834,689$11,708,556$39,463,955
68$91,407,892$19,621,476$11,964,680$42,663,643
69$100,591,096$20,442,529$12,225,097$46,160,657
70$110,706,566$21,299,390$12,489,815$49,984,232
71$121,849,251$22,193,675$12,758,840$54,166,540
72$134,123,784$23,127,075$13,032,171$58,742,989
73$147,645,466$24,101,358$13,309,804$63,752,548
74$162,541,353$25,118,374$13,591,732$69,238,115
75$178,951,456$26,180,059$13,877,940$75,246,908
76$197,030,062$27,288,440$14,168,409$81,830,907
77$216,947,191$28,445,636$14,463,113$89,047,338
78$238,890,200$29,653,867$14,762,022$96,959,204
79$263,065,548$30,915,454$15,065,098$105,635,873
80$289,700,751$32,232,829$15,372,296$115,153,724
81$319,046,525$33,608,534$15,683,565$125,596,857
82$351,379,151$35,045,233$15,998,844$137,057,882
83$387,003,085$36,545,710$16,318,067$149,638,780
84$426,253,834$38,112,884$16,641,156$163,451,859
85$469,501,117$39,749,807$16,968,027$178,620,799
86$517,152,358$41,459,676$17,298,583$195,281,815
87$569,656,533$43,245,834$17,632,720$213,584,926
88$627,508,405$45,111,786$17,970,322$233,695,363
89$691,253,196$47,061,196$18,311,261$255,795,113
90$761,491,731$49,097,904$18,655,398$280,084,629
91$838,886,115$51,225,928$19,002,580$306,784,703
92$924,165,975$53,449,476$19,352,644$336,138,541
93$1,018,135,356$55,772,952$19,705,409$368,414,040
94$1,121,680,304$58,200,968$20,060,682$403,906,306
95$1,235,777,234$60,738,354$20,418,253$442,940,421
96$1,361,502,145$63,390,167$20,777,898$485,874,495
97$1,500,040,779$66,161,701$21,139,373$533,103,029
98$1,652,699,815$69,058,500$21,502,418$585,060,622
99$1,820,919,201$72,086,371$21,866,754$642,226,055
100$2,006,285,750$75,251,395$22,232,081$705,126,788