Can I retire at age 40 with 6,300,000?

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 $6,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$520,248$515,614$511,093$506,680$502,371$495,888
2 years$257,549$252,752$248,103$243,596$239,224$232,702
3 years$169,994$165,176$160,539$156,074$151,774$145,415
4 years$126,225$121,422$116,831$112,443$108,246$102,100
5 years$99,970$95,196$90,666$86,367$82,287$76,371
6 years$82,473$77,735$73,272$69,068$65,111$59,432
7 years$69,980$65,282$60,889$56,785$52,953$47,513
8 years$60,614$55,958$51,639$47,635$43,929$38,729
9 years$53,333$48,722$44,476$40,575$36,995$32,031
10 years$47,512$42,946$38,776$34,976$31,521$26,791
11 years$42,753$38,232$34,137$30,439$27,110$22,608
12 years$38,789$34,315$30,296$26,700$23,493$19,215
13 years$35,438$31,011$27,068$23,572$20,486$16,427
14 years$32,569$28,188$24,320$20,924$17,958$14,111
15 years$30,084$25,750$21,958$18,661$15,812$12,170
16 years$27,911$23,625$19,908$16,709$13,974$10,532
17 years$25,997$21,758$18,116$15,013$12,391$9,140
18 years$24,297$20,106$16,537$13,529$11,017$7,952
19 years$22,777$18,634$15,139$12,225$9,820$6,933
20 years$21,412$17,315$13,894$11,072$8,771$6,055
21 years$20,178$16,128$12,780$10,049$7,849$5,296
22 years$19,057$15,055$11,778$9,136$7,036$4,639
23 years$18,036$14,081$10,875$8,321$6,316$4,068
24 years$17,101$13,193$10,058$7,589$5,677$3,571
25 years$16,242$12,381$9,316$6,931$5,108$3,137
26 years$15,451$11,636$8,640$6,337$4,601$2,759
27 years$14,719$10,951$8,023$5,801$4,148$2,427
28 years$14,041$10,319$7,458$5,315$3,743$2,137
29 years$13,411$9,735$6,940$4,874$3,380$1,882
30 years$12,824$9,193$6,465$4,473$3,054$1,659
31 years$12,276$8,691$6,027$4,108$2,761$1,462
32 years$11,763$8,223$5,623$3,775$2,498$1,289
33 years$11,282$7,788$5,250$3,472$2,260$1,137
34 years$10,831$7,381$4,906$3,194$2,047$1,004
35 years$10,406$7,001$4,586$2,940$1,854$886
36 years$10,006$6,645$4,291$2,708$1,679$782
37 years$9,628$6,311$4,016$2,495$1,522$690
38 years$9,271$5,998$3,761$2,300$1,380$610
39 years$8,933$5,703$3,523$2,121$1,251$539
40 years$8,613$5,426$3,302$1,956$1,135$476
41 years$8,309$5,165$3,097$1,805$1,030$420
42 years$8,021$4,919$2,905$1,665$934$371
43 years$7,746$4,687$2,726$1,537$848$328
44 years$7,485$4,468$2,559$1,419$770$290
45 years$7,236$4,260$2,402$1,311$699$256
46 years$6,999$4,064$2,256$1,211$634$226
47 years$6,773$3,878$2,120$1,119$576$200
48 years$6,556$3,702$1,992$1,034$523$177
49 years$6,349$3,536$1,872$955$475$156
50 years$6,151$3,377$1,760$883$432$138

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $6,300,000, adding $4,813 every year, while hoping to spend $58,483 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: 25/48/27 Blend
39$6,300,000$6,300,000$6,300,000$6,300,000
40$6,947,565$6,613,665$6,516,015$7,062,139
41$7,593,991$6,875,509$6,672,076$7,419,523
42$8,304,392$7,148,223$6,831,405$7,797,130
43$9,085,233$7,432,279$6,994,049$8,200,781
44$9,943,634$7,728,167$7,160,057$8,632,701
45$10,887,440$8,036,403$7,329,475$9,095,323
46$11,925,296$8,357,524$7,502,349$9,591,312
47$13,066,724$8,692,091$7,678,726$10,123,586
48$14,322,217$9,040,690$7,858,650$10,695,345
49$15,703,334$9,403,935$8,042,166$11,310,095
50$17,222,814$9,782,468$8,229,318$11,971,680
51$18,894,690$10,176,957$8,420,149$12,684,316
52$20,734,423$10,588,103$8,614,699$13,452,626
53$22,759,053$11,016,639$8,813,010$14,281,686
54$24,987,351$11,463,329$9,015,121$15,177,062
55$27,440,002$11,928,973$9,221,068$16,144,868
56$30,139,797$12,414,408$9,430,889$17,191,813
57$33,111,851$12,920,508$9,644,618$18,325,266
58$36,383,834$13,448,188$9,862,288$19,553,321
59$39,986,239$13,998,403$10,083,928$20,884,869
60$43,952,664$14,572,153$10,309,568$22,329,676
61$48,320,130$15,170,483$10,539,233$23,898,476
62$53,129,434$15,794,487$10,772,948$25,603,066
63$58,425,527$16,445,307$11,010,732$27,456,412
64$64,257,943$17,124,140$11,252,604$29,472,767
65$70,681,266$17,832,235$11,498,579$31,667,803
66$77,755,641$18,570,901$11,748,668$34,058,752
67$85,547,347$19,341,506$12,002,879$36,664,565
68$94,129,417$20,145,480$12,261,215$39,506,085
69$103,582,329$20,984,320$12,523,678$42,606,237
70$113,994,767$21,859,593$12,790,262$45,990,241
71$125,464,456$22,772,935$13,060,958$49,685,842
72$138,099,083$23,726,062$13,335,753$53,723,569
73$152,017,316$24,720,764$13,614,626$58,137,011
74$167,349,920$25,758,920$13,897,554$62,963,132
75$184,240,995$26,842,490$14,184,506$68,242,612
76$202,849,333$27,973,529$14,475,443$74,020,221
77$223,349,919$29,154,185$14,770,324$80,345,238
78$245,935,577$30,386,707$15,069,097$87,271,905
79$270,818,798$31,673,448$15,371,703$94,859,931
80$298,233,737$33,016,869$15,678,077$103,175,048
81$328,438,430$34,419,547$15,988,145$112,289,622
82$361,717,225$35,884,180$16,301,823$122,283,326
83$398,383,466$37,413,589$16,619,018$133,243,881
84$438,782,453$39,010,728$16,939,628$145,267,877
85$483,294,698$40,678,689$17,263,541$158,461,670
86$532,339,521$42,420,708$17,590,633$172,942,379
87$586,379,001$44,240,171$17,920,768$188,838,974
88$645,922,345$46,140,626$18,253,799$206,293,487
89$711,530,689$48,125,782$18,589,567$225,462,335
90$783,822,399$50,199,525$18,927,897$246,517,786
91$863,478,905$52,365,922$19,268,602$269,649,569
92$951,251,132$54,629,231$19,611,480$295,066,654
93$1,047,966,594$56,993,910$19,956,311$322,999,204
94$1,154,537,200$59,464,625$20,302,861$353,700,735
95$1,271,967,866$62,046,263$20,650,878$387,450,491
96$1,401,365,997$64,743,939$21,000,091$424,556,063
97$1,543,951,946$67,563,009$21,350,212$465,356,277
98$1,701,070,531$70,509,083$21,700,930$510,224,366
99$1,874,203,728$73,588,032$22,051,915$559,571,482
100$2,064,984,668$76,806,005$22,402,814$613,850,549