Can I retire at age 40 with 3,900,000?

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$322,058$319,190$316,391$313,659$310,991$299,481
2 years$159,435$156,466$153,588$150,798$148,091$136,625
3 years$105,234$102,252$99,381$96,617$93,955$82,893
4 years$78,139$75,166$72,324$69,607$67,010$56,436
5 years$61,886$58,931$56,127$53,465$50,940$40,883
6 years$51,055$48,122$45,359$42,757$40,307$30,773
7 years$43,321$40,412$37,693$35,153$32,780$23,768
8 years$37,523$34,641$31,967$29,489$27,194$18,695
9 years$33,016$30,161$27,533$25,118$22,902$14,903
10 years$29,412$26,586$24,004$21,652$19,513$12,001
11 years$26,466$23,668$21,133$18,843$16,782$9,741
12 years$24,013$21,243$18,755$16,528$14,543$7,955
13 years$21,938$19,197$16,756$14,592$12,682$6,528
14 years$20,161$17,450$15,055$12,953$11,117$5,378
15 years$18,623$15,941$13,593$11,552$9,788$4,445
16 years$17,278$14,625$12,324$10,343$8,651$3,683
17 years$16,093$13,469$11,214$9,294$7,670$3,058
18 years$15,041$12,446$10,237$8,375$6,820$2,544
19 years$14,100$11,535$9,372$7,568$6,079$2,119
20 years$13,255$10,719$8,601$6,854$5,430$1,767
21 years$12,491$9,984$7,911$6,221$4,859$1,475
22 years$11,797$9,320$7,291$5,656$4,355$1,233
23 years$11,165$8,717$6,732$5,151$3,910$1,030
24 years$10,586$8,167$6,226$4,698$3,514$862
25 years$10,055$7,664$5,767$4,290$3,162$721
26 years$9,565$7,203$5,348$3,923$2,848$604
27 years$9,112$6,779$4,966$3,591$2,568$506
28 years$8,692$6,388$4,617$3,290$2,317$424
29 years$8,302$6,026$4,296$3,017$2,092$355
30 years$7,939$5,691$4,002$2,769$1,891$298
31 years$7,599$5,380$3,731$2,543$1,709$249
32 years$7,282$5,091$3,481$2,337$1,546$209
33 years$6,984$4,821$3,250$2,149$1,399$175
34 years$6,705$4,569$3,037$1,977$1,267$147
35 years$6,442$4,334$2,839$1,820$1,147$123
36 years$6,194$4,113$2,656$1,676$1,040$103
37 years$5,960$3,907$2,486$1,545$942$87
38 years$5,739$3,713$2,328$1,424$854$73
39 years$5,530$3,531$2,181$1,313$775$61
40 years$5,332$3,359$2,044$1,211$703$51
41 years$5,144$3,197$1,917$1,117$637$43
42 years$4,965$3,045$1,798$1,031$578$36
43 years$4,795$2,901$1,687$952$525$30
44 years$4,634$2,766$1,584$879$477$25
45 years$4,480$2,637$1,487$812$433$21
46 years$4,333$2,516$1,397$750$393$18
47 years$4,193$2,401$1,312$693$357$15
48 years$4,059$2,292$1,233$640$324$13
49 years$3,930$2,189$1,159$591$294$11
50 years$3,808$2,091$1,090$547$267$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $3,900,000, adding $5,147 every year, while hoping to spend $23,067 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: 52/36/12 Blend
39$3,900,000$3,900,000$3,900,000$3,900,000
40$4,303,109$4,096,409$4,035,959$4,512,965
41$4,717,483$4,272,590$4,146,621$4,832,905
42$5,173,350$4,456,631$4,260,216$5,177,782
43$5,674,918$4,648,892$4,376,820$5,552,327
44$6,226,824$4,849,751$4,496,507$5,959,348
45$6,834,175$5,059,605$4,619,355$6,401,933
46$7,502,601$5,278,865$4,745,444$6,883,472
47$8,238,303$5,507,967$4,874,853$7,407,694
48$9,048,116$5,747,363$5,007,667$7,978,696
49$9,939,570$5,997,529$5,143,969$8,600,983
50$10,920,960$6,258,963$5,283,847$9,279,508
51$12,001,431$6,532,185$5,427,388$10,019,719
52$13,191,055$6,817,740$5,574,684$10,827,605
53$14,500,934$7,116,200$5,725,827$11,709,754
54$15,943,298$7,428,164$5,880,911$12,673,414
55$17,531,627$7,754,256$6,040,034$13,726,556
56$19,280,772$8,095,133$6,203,294$14,877,951
57$21,207,098$8,451,482$6,370,792$16,137,250
58$23,328,640$8,824,023$6,542,632$17,515,071
59$25,665,269$9,213,508$6,718,918$19,023,099
60$28,238,884$9,620,727$6,899,759$20,674,194
61$31,073,613$10,046,506$7,085,264$22,482,509
62$34,196,048$10,491,710$7,275,546$24,463,622
63$37,635,487$10,957,247$7,470,720$26,634,680
64$41,424,220$11,444,066$7,670,902$29,014,559
65$45,597,827$11,953,160$7,876,213$31,624,037
66$50,195,513$12,485,573$8,086,774$34,485,991
67$55,260,485$13,042,396$8,302,711$37,625,607
68$60,840,352$13,624,771$8,524,149$41,070,615
69$66,987,580$14,233,897$8,751,220$44,851,547
70$73,759,983$14,871,027$8,984,056$49,002,025
71$81,221,270$15,537,477$9,222,790$53,559,068
72$89,441,648$16,234,622$9,467,563$58,563,447
73$98,498,483$16,963,905$9,718,513$64,060,056
74$108,477,029$17,726,838$9,975,784$70,098,338
75$119,471,236$18,525,002$10,239,522$76,732,747
76$131,584,632$19,360,058$10,509,877$84,023,253
77$144,931,306$20,233,742$10,786,999$92,035,909
78$159,636,980$21,147,875$11,071,044$100,843,465
79$175,840,196$22,104,366$11,362,168$110,526,052
80$193,693,628$23,105,212$11,660,533$121,171,934
81$213,365,519$24,152,508$11,966,302$132,878,330
82$235,041,270$25,248,449$12,279,640$145,752,333
83$258,925,190$26,395,333$12,600,719$159,911,910
84$285,242,425$27,595,571$12,929,709$175,487,011
85$314,241,086$28,851,687$13,266,787$192,620,786
86$346,194,583$30,166,326$13,612,131$211,470,934
87$381,404,215$31,542,261$13,965,923$232,211,180
88$420,202,011$32,982,397$14,328,346$255,032,910
89$462,953,860$34,489,778$14,699,590$280,146,967
90$510,062,972$36,067,596$15,079,845$307,785,635
91$561,973,680$37,719,193$15,469,304$338,204,820
92$619,175,634$39,448,073$15,868,165$371,686,462
93$682,208,429$41,257,908$16,276,628$408,541,179
94$751,666,690$43,152,547$16,694,897$449,111,196
95$828,205,693$45,136,023$17,123,177$493,773,560
96$912,547,548$47,212,562$17,561,678$542,943,692
97$1,005,488,016$49,386,596$18,010,612$597,079,295
98$1,107,904,022$51,662,766$18,470,195$656,684,661
99$1,220,761,931$54,045,941$18,940,645$722,315,423
100$1,345,126,675$56,541,219$19,422,184$794,583,782