Can I retire at age 40 with 7,600,000?

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 $7,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$627,601$622,011$616,556$611,233$606,035$592,588
2 years$310,694$304,907$299,299$293,862$288,588$275,110
3 years$205,072$199,260$193,666$188,280$183,092$170,005
4 years$152,271$146,477$140,940$135,645$130,583$117,986
5 years$120,599$114,840$109,375$104,189$99,267$87,197
6 years$99,491$93,775$88,391$83,320$78,547$67,015
7 years$84,420$78,753$73,453$68,502$63,879$52,889
8 years$73,122$67,505$62,294$57,465$52,994$42,541
9 years$64,339$58,776$53,654$48,947$44,629$34,705
10 years$57,317$51,808$46,777$42,193$38,026$28,621
11 years$51,575$46,121$41,182$36,721$32,704$23,805
12 years$46,794$41,396$36,548$32,209$28,340$19,935
13 years$42,751$37,410$32,653$28,436$24,713$16,785
14 years$39,289$34,005$29,339$25,242$21,663$14,197
15 years$36,291$31,064$26,489$22,511$19,074$12,052
16 years$33,671$28,501$24,016$20,157$16,858$10,263
17 years$31,361$26,248$21,854$18,110$14,947$8,762
18 years$29,310$24,254$19,950$16,321$13,290$7,496
19 years$27,477$22,479$18,263$14,748$11,846$6,426
20 years$25,830$20,888$16,761$13,357$10,581$5,516
21 years$24,341$19,457$15,417$12,122$9,469$4,742
22 years$22,990$18,162$14,209$11,022$8,488$4,081
23 years$21,758$16,987$13,119$10,038$7,619$3,515
24 years$20,630$15,915$12,133$9,155$6,848$3,031
25 years$19,594$14,936$11,238$8,361$6,162$2,615
26 years$18,639$14,037$10,422$7,645$5,551$2,257
27 years$17,757$13,211$9,678$6,997$5,004$1,949
28 years$16,939$12,448$8,997$6,411$4,516$1,684
29 years$16,179$11,744$8,373$5,879$4,077$1,456
30 years$15,470$11,091$7,799$5,396$3,684$1,259
31 years$14,809$10,484$7,271$4,955$3,331$1,089
32 years$14,190$9,920$6,784$4,554$3,013$942
33 years$13,610$9,395$6,334$4,188$2,727$815
34 years$13,066$8,904$5,918$3,853$2,469$706
35 years$12,553$8,445$5,533$3,547$2,236$611
36 years$12,071$8,016$5,176$3,267$2,026$529
37 years$11,615$7,613$4,845$3,010$1,836$458
38 years$11,184$7,235$4,537$2,774$1,665$397
39 years$10,777$6,880$4,250$2,558$1,510$343
40 years$10,390$6,546$3,984$2,359$1,369$297
41 years$10,024$6,231$3,736$2,177$1,242$258
42 years$9,676$5,934$3,504$2,009$1,127$223
43 years$9,345$5,654$3,288$1,855$1,023$193
44 years$9,030$5,389$3,087$1,712$929$167
45 years$8,730$5,139$2,898$1,581$843$145
46 years$8,443$4,903$2,722$1,461$765$126
47 years$8,170$4,679$2,557$1,350$695$109
48 years$7,909$4,466$2,403$1,247$631$94
49 years$7,659$4,265$2,259$1,153$573$82
50 years$7,420$4,074$2,124$1,065$521$71

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $7,600,000, adding $3,519 every year, while hoping to spend $43,259 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: 33/48/19 Blend
39$7,600,000$7,600,000$7,600,000$7,600,000
40$8,378,830$7,976,030$7,858,230$8,605,986
41$9,187,443$8,320,828$8,075,453$9,119,470
42$10,077,085$8,681,072$8,298,504$9,668,279
43$11,055,975$9,057,471$8,527,531$10,258,855
44$12,133,170$9,450,772$8,762,688$10,894,897
45$13,318,646$9,861,754$9,004,132$11,580,457
46$14,623,401$10,291,232$9,252,022$12,319,976
47$16,059,547$10,740,061$9,506,524$13,118,322
48$17,640,433$11,209,137$9,767,805$13,980,834
49$19,380,768$11,699,396$10,036,038$14,913,365
50$21,296,760$12,211,819$10,311,399$15,922,339
51$23,406,266$12,747,435$10,594,067$17,014,803
52$25,728,965$13,307,319$10,884,228$18,198,492
53$28,286,539$13,892,597$11,182,069$19,481,894
54$31,102,883$14,504,451$11,487,785$20,874,332
55$34,204,323$15,144,116$11,801,573$22,386,040
56$37,619,873$15,812,886$12,123,634$24,028,262
57$41,381,500$16,512,118$12,454,176$25,813,346
58$45,524,431$17,243,230$12,793,409$27,754,859
59$50,087,485$18,007,710$13,141,550$29,867,709
60$55,113,437$18,807,116$13,498,820$32,168,280
61$60,649,422$19,643,079$13,865,445$34,674,579
62$66,747,382$20,517,309$14,241,656$37,406,401
63$73,464,552$21,431,595$14,627,690$40,385,509
64$80,864,006$22,387,813$15,023,787$43,635,831
65$89,015,245$23,387,926$15,430,194$47,183,679
66$97,994,859$24,433,993$15,847,164$51,057,994
67$107,887,245$25,528,169$16,274,955$55,290,601
68$118,785,407$26,672,712$16,713,829$59,916,513
69$130,791,832$27,869,988$17,164,055$64,974,244
70$144,019,457$29,122,476$17,625,909$70,506,166
71$158,592,736$30,432,772$18,099,672$76,558,902
72$174,648,813$31,803,596$18,585,629$83,183,751
73$192,338,818$33,237,798$19,084,073$90,437,165
74$211,829,292$34,738,365$19,595,305$98,381,273
75$233,303,760$36,308,425$20,119,627$107,084,449
76$256,964,461$37,951,256$20,657,353$116,621,953
77$283,034,262$39,670,292$21,208,799$127,076,624
78$311,758,754$41,469,134$21,774,291$138,539,650
79$343,408,576$43,351,551$22,354,160$151,111,415
80$378,281,969$45,321,495$22,948,742$164,902,434
81$416,707,588$47,383,106$23,558,383$180,034,378
82$459,047,607$49,540,724$24,183,434$196,641,209
83$505,701,138$51,798,894$24,824,254$214,870,429
84$557,107,994$54,162,380$25,481,207$234,884,451
85$613,752,848$56,636,176$26,154,666$256,862,117
86$676,169,803$59,225,512$26,845,011$281,000,370
87$744,947,433$61,935,872$27,552,629$307,516,087
88$820,734,342$64,773,001$28,277,914$336,648,110
89$904,245,289$67,742,922$29,021,267$368,659,479
90$996,267,927$70,851,943$29,783,098$403,839,892
91$1,097,670,247$74,106,680$30,563,823$442,508,413
92$1,209,408,768$77,514,063$31,363,867$485,016,464
93$1,332,537,567$81,081,357$32,183,662$531,751,114
94$1,468,218,230$84,816,175$33,023,646$583,138,705
95$1,617,730,819$88,726,497$33,884,267$639,648,851
96$1,782,485,953$92,820,686$34,765,981$701,798,838
97$1,964,038,128$97,107,508$35,669,249$770,158,480
98$2,164,100,392$101,596,150$36,594,544$845,355,463
99$2,384,560,513$106,296,243$37,542,342$928,081,235
100$2,627,498,806$111,217,879$38,513,131$1,019,097,503