Can I retire at age 40 with 3,800,000?

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 $3,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$313,800$311,005$308,278$305,616$303,017$294,261
2 years$155,347$152,454$149,650$146,931$144,294$135,542
3 years$102,536$99,630$96,833$94,140$91,546$83,072
4 years$76,135$73,239$70,470$67,823$65,291$57,161
5 years$60,299$57,420$54,687$52,094$49,633$41,868
6 years$49,745$46,888$44,196$41,660$39,273$31,881
7 years$42,210$39,376$36,727$34,251$31,940$24,920
8 years$36,561$33,753$31,147$28,732$26,497$19,845
9 years$32,169$29,388$26,827$24,474$22,314$16,024
10 years$28,658$25,904$23,388$21,097$19,013$13,076
11 years$25,787$23,061$20,591$18,360$16,352$10,759
12 years$23,397$20,698$18,274$16,104$14,170$8,909
13 years$21,376$18,705$16,326$14,218$12,357$7,417
14 years$19,645$17,002$14,669$12,621$10,832$6,200
15 years$18,146$15,532$13,244$11,256$9,537$5,201
16 years$16,835$14,250$12,008$10,078$8,429$4,376
17 years$15,681$13,124$10,927$9,055$7,474$3,690
18 years$14,655$12,127$9,975$8,161$6,645$3,118
19 years$13,739$11,239$9,131$7,374$5,923$2,638
20 years$12,915$10,444$8,380$6,678$5,291$2,236
21 years$12,171$9,728$7,708$6,061$4,734$1,897
22 years$11,495$9,081$7,104$5,511$4,244$1,611
23 years$10,879$8,493$6,560$5,019$3,809$1,370
24 years$10,315$7,958$6,067$4,578$3,424$1,165
25 years$9,797$7,468$5,619$4,180$3,081$991
26 years$9,320$7,019$5,211$3,822$2,775$844
27 years$8,878$6,605$4,839$3,499$2,502$719
28 years$8,469$6,224$4,499$3,206$2,258$613
29 years$8,089$5,872$4,186$2,940$2,039$522
30 years$7,735$5,545$3,899$2,698$1,842$446
31 years$7,405$5,242$3,635$2,478$1,665$380
32 years$7,095$4,960$3,392$2,277$1,507$324
33 years$6,805$4,697$3,167$2,094$1,363$277
34 years$6,533$4,452$2,959$1,927$1,234$236
35 years$6,277$4,223$2,766$1,774$1,118$201
36 years$6,035$4,008$2,588$1,633$1,013$172
37 years$5,807$3,807$2,422$1,505$918$147
38 years$5,592$3,618$2,268$1,387$832$125
39 years$5,388$3,440$2,125$1,279$755$107
40 years$5,195$3,273$1,992$1,180$685$91
41 years$5,012$3,115$1,868$1,088$621$78
42 years$4,838$2,967$1,752$1,005$564$67
43 years$4,672$2,827$1,644$927$512$57
44 years$4,515$2,695$1,543$856$464$48
45 years$4,365$2,570$1,449$791$421$41
46 years$4,222$2,451$1,361$730$383$35
47 years$4,085$2,339$1,279$675$348$30
48 years$3,954$2,233$1,202$624$316$26
49 years$3,830$2,133$1,129$576$287$22
50 years$3,710$2,037$1,062$533$260$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $3,800,000, adding $6,064 every year, while hoping to spend $52,116 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: 41/36/23 Blend
39$3,800,000$3,800,000$3,800,000$3,800,000
40$4,193,855$3,992,455$3,933,555$4,337,184
41$4,566,177$4,132,634$4,009,878$4,580,631
42$4,974,730$4,277,936$4,087,011$4,838,547
43$5,423,153$4,428,555$4,164,927$5,116,675
44$5,915,456$4,584,696$4,243,594$5,416,897
45$6,456,058$4,746,571$4,322,979$5,741,281
46$7,049,823$4,914,401$4,403,047$6,092,101
47$7,702,113$5,088,415$4,483,757$6,471,855
48$8,418,833$5,268,851$4,565,066$6,883,292
49$9,206,487$5,455,958$4,646,930$7,329,435
50$10,072,244$5,649,996$4,729,297$7,813,607
51$11,023,999$5,851,231$4,812,115$8,339,465
52$12,070,451$6,059,946$4,895,325$8,911,031
53$13,221,185$6,276,431$4,978,866$9,532,732
54$14,486,759$6,500,989$5,062,671$10,209,437
55$15,878,807$6,733,936$5,146,669$10,946,505
56$17,410,148$6,975,602$5,230,785$11,749,834
57$19,094,904$7,226,327$5,314,938$12,625,914
58$20,948,637$7,486,470$5,399,040$13,581,892
59$22,988,490$7,756,400$5,483,001$14,625,632
60$25,233,357$8,036,503$5,566,722$15,765,792
61$27,704,051$8,327,184$5,650,099$17,011,904
62$30,423,507$8,628,859$5,733,021$18,374,463
63$33,416,999$8,941,967$5,815,370$19,865,024
64$36,712,370$9,266,961$5,897,023$21,496,311
65$40,340,305$9,604,315$5,977,846$23,282,334
66$44,334,612$9,954,523$6,057,700$25,238,523
67$48,732,546$10,318,098$6,136,436$27,381,869
68$53,575,157$10,695,576$6,213,898$29,731,084
69$58,907,679$11,087,515$6,289,920$32,306,777
70$64,779,955$11,494,496$6,364,325$35,131,648
71$71,246,910$11,917,126$6,436,930$38,230,696
72$78,369,066$12,356,036$6,507,538$41,631,460
73$86,213,113$12,811,884$6,575,942$45,364,271
74$94,852,541$13,285,356$6,641,927$49,462,540
75$104,368,329$13,777,168$6,705,260$53,963,073
76$114,849,714$14,288,065$6,765,702$58,906,411
77$126,395,028$14,818,823$6,822,996$64,337,217
78$139,112,630$15,370,254$6,876,875$70,304,692
79$153,121,924$15,943,203$6,927,057$76,863,037
80$168,554,490$16,538,550$6,973,243$84,071,966
81$185,555,323$17,157,214$7,015,122$91,997,263
82$204,284,201$17,800,153$7,052,364$100,711,402
83$224,917,196$18,468,366$7,084,624$110,294,233
84$247,648,330$19,162,896$7,111,539$120,833,726
85$272,691,412$19,884,830$7,132,728$132,426,804
86$300,282,051$20,635,302$7,147,789$145,180,254
87$330,679,883$21,415,494$7,156,303$159,211,732
88$364,171,019$22,226,642$7,157,827$174,650,869
89$401,070,747$23,070,032$7,151,899$191,640,497
90$441,726,508$23,947,007$7,138,031$210,337,988
91$486,521,172$24,858,971$7,115,716$230,916,739
92$535,876,657$25,807,386$7,084,418$253,567,807
93$590,257,906$26,793,778$7,043,576$278,501,706
94$650,177,281$27,819,742$6,992,604$305,950,395
95$716,199,393$28,886,939$6,930,886$336,169,459
96$788,946,438$29,997,105$6,857,777$369,440,520
97$869,104,065$31,152,054$6,772,603$406,073,893
98$957,427,850$32,353,674$6,674,655$446,411,509
99$1,054,750,428$33,603,943$6,563,194$490,830,140
100$1,161,989,356$34,904,919$6,437,445$539,744,951