Can I retire at age 40 with 3,300,000?

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 $3,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$272,511$270,084$267,715$265,404$263,147$258,787
2 years$134,906$132,394$129,959$127,598$125,308$120,929
3 years$89,044$86,521$84,092$81,753$79,500$75,238
4 years$66,118$63,602$61,197$58,899$56,700$52,587
5 years$52,365$49,865$47,492$45,240$43,103$39,150
6 years$43,200$40,718$38,380$36,179$34,106$30,319
7 years$36,656$34,195$31,894$29,744$27,737$24,117
8 years$31,750$29,312$27,049$24,952$23,011$19,557
9 years$27,937$25,521$23,297$21,253$19,378$16,088
10 years$24,887$22,496$20,311$18,321$16,511$13,383
11 years$22,394$20,026$17,881$15,944$14,200$11,230
12 years$20,318$17,975$15,869$13,985$12,306$9,490
13 years$18,563$16,244$14,178$12,347$10,731$8,065
14 years$17,060$14,765$12,739$10,960$9,406$6,886
15 years$15,758$13,488$11,502$9,775$8,282$5,903
16 years$14,620$12,375$10,428$8,752$7,320$5,076
17 years$13,617$11,397$9,489$7,864$6,490$4,377
18 years$12,727$10,531$8,662$7,087$5,771$3,784
19 years$11,931$9,760$7,930$6,404$5,144$3,277
20 years$11,216$9,070$7,278$5,800$4,594$2,843
21 years$10,569$8,448$6,694$5,264$4,112$2,470
22 years$9,982$7,886$6,170$4,786$3,685$2,149
23 years$9,447$7,376$5,697$4,359$3,308$1,871
24 years$8,958$6,911$5,268$3,975$2,973$1,631
25 years$8,508$6,485$4,880$3,630$2,676$1,423
26 years$8,093$6,095$4,526$3,319$2,410$1,242
27 years$7,710$5,736$4,202$3,038$2,173$1,085
28 years$7,355$5,405$3,907$2,784$1,961$948
29 years$7,025$5,099$3,635$2,553$1,770$829
30 years$6,717$4,816$3,386$2,343$1,600$725
31 years$6,430$4,552$3,157$2,152$1,446$635
32 years$6,162$4,307$2,945$1,977$1,308$556
33 years$5,910$4,079$2,750$1,818$1,184$486
34 years$5,673$3,866$2,570$1,673$1,072$426
35 years$5,451$3,667$2,402$1,540$971$373
36 years$5,241$3,481$2,247$1,418$880$327
37 years$5,043$3,306$2,104$1,307$797$286
38 years$4,856$3,142$1,970$1,205$723$251
39 years$4,679$2,987$1,846$1,111$655$220
40 years$4,512$2,842$1,730$1,025$595$193
41 years$4,353$2,706$1,622$945$539$169
42 years$4,201$2,577$1,522$872$489$148
43 years$4,058$2,455$1,428$805$444$130
44 years$3,921$2,340$1,340$744$403$114
45 years$3,791$2,232$1,258$687$366$100
46 years$3,666$2,129$1,182$634$332$88
47 years$3,548$2,032$1,110$586$302$77
48 years$3,434$1,939$1,043$541$274$67
49 years$3,326$1,852$981$500$249$59
50 years$3,222$1,769$922$463$226$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $3,300,000, adding $5,997 every year, while hoping to spend $38,257 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: 54/23/23 Blend
39$3,300,000$3,300,000$3,300,000$3,300,000
40$3,642,786$3,467,886$3,416,736$3,816,163
41$3,973,645$3,597,107$3,490,491$4,065,232
42$4,336,969$3,731,378$3,565,436$4,331,745
43$4,736,030$3,870,906$3,641,568$4,621,076
44$5,174,431$4,015,906$3,718,886$4,935,424
45$5,656,142$4,166,604$3,797,387$5,277,204
46$6,185,535$4,323,234$3,877,067$5,649,073
47$6,767,429$4,486,042$3,957,918$6,053,957
48$7,407,132$4,655,284$4,039,933$6,495,074
49$8,110,492$4,831,225$4,123,103$6,975,967
50$8,883,951$5,014,144$4,207,416$7,500,533
51$9,734,608$5,204,330$4,292,858$8,073,063
52$10,670,283$5,402,088$4,379,414$8,698,282
53$11,699,594$5,607,732$4,467,067$9,381,389
54$12,832,034$5,821,592$4,555,795$10,128,109
55$14,078,064$6,044,013$4,645,576$10,944,743
56$15,449,209$6,275,353$4,736,386$11,838,232
57$16,958,170$6,515,986$4,828,197$12,816,218
58$18,618,939$6,766,305$4,920,977$13,887,112
59$20,446,933$7,026,717$5,014,693$15,060,183
60$22,459,143$7,297,648$5,109,307$16,345,632
61$24,674,286$7,579,544$5,204,779$17,754,698
62$27,112,990$7,872,868$5,301,066$19,299,757
63$29,797,982$8,178,106$5,398,119$20,994,439
64$32,754,307$8,495,764$5,495,887$22,853,757
65$36,009,560$8,826,370$5,594,313$24,894,249
66$39,594,150$9,170,477$5,693,337$27,134,127
67$43,541,584$9,528,660$5,792,894$29,593,457
68$47,888,784$9,901,523$5,892,915$32,294,338
69$52,676,436$10,289,695$5,993,324$35,261,115
70$57,949,373$10,693,830$6,094,041$38,520,607
71$63,756,998$11,114,617$6,194,980$42,102,359
72$70,153,750$11,552,771$6,296,050$46,038,917
73$77,199,617$12,009,041$6,397,152$50,366,136
74$84,960,703$12,484,209$6,498,181$55,123,519
75$93,509,851$12,979,092$6,599,027$60,354,582
76$102,927,332$13,494,544$6,699,571$66,107,272
77$113,301,600$14,031,456$6,799,686$72,434,411
78$124,730,127$14,590,761$6,899,239$79,394,197
79$137,320,324$15,173,433$6,998,088$87,050,749
80$151,190,555$15,780,489$7,096,082$95,474,712
81$166,471,251$16,412,992$7,193,060$104,743,923
82$183,306,145$17,072,055$7,288,854$114,944,143
83$201,853,625$17,758,839$7,383,284$126,169,863
84$222,288,231$18,474,559$7,476,160$138,525,197
85$244,802,301$19,220,483$7,567,282$152,124,859
86$269,607,788$19,997,938$7,656,438$167,095,249
87$296,938,257$20,808,312$7,743,404$183,575,639
88$327,051,094$21,653,054$7,827,942$201,719,488
89$360,229,932$22,533,680$7,909,805$221,695,887
90$396,787,330$23,451,776$7,988,728$243,691,153
91$437,067,722$24,408,997$8,064,435$267,910,587
92$481,450,668$25,407,076$8,136,632$294,580,407
93$530,354,439$26,447,826$8,205,012$323,949,881
94$584,239,963$27,533,140$8,269,251$356,293,678
95$643,615,175$28,665,000$8,329,007$391,914,459
96$709,039,815$29,845,477$8,383,921$431,145,727
97$781,130,708$31,076,738$8,433,615$474,354,978
98$860,567,591$32,361,049$8,477,692$521,947,161
99$948,099,526$33,700,780$8,515,734$574,368,500
100$1,044,551,969$35,098,411$8,547,303$632,110,705