Can I retire at age 40 with 4,300,000?

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 $4,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$355,090$351,927$348,841$345,829$342,888$330,459
2 years$175,787$172,513$169,340$166,264$163,280$150,895
3 years$116,027$112,739$109,574$106,527$103,592$91,639
4 years$86,153$82,875$79,742$76,747$73,882$62,454
5 years$68,234$64,975$61,883$58,949$56,164$45,289
6 years$56,291$53,057$50,011$47,142$44,441$34,128
7 years$47,764$44,557$41,559$38,758$36,142$26,389
8 years$41,371$38,194$35,245$32,513$29,984$20,781
9 years$36,402$33,255$30,357$27,694$25,250$16,586
10 years$32,429$29,312$26,466$23,872$21,515$13,374
11 years$29,181$26,095$23,300$20,776$18,503$10,869
12 years$26,475$23,422$20,678$18,223$16,035$8,888
13 years$24,188$21,166$18,475$16,089$13,982$7,304
14 years$22,229$19,239$16,600$14,282$12,257$6,026
15 years$20,533$17,576$14,987$12,737$10,792$4,987
16 years$19,051$16,125$13,588$11,404$9,538$4,138
17 years$17,744$14,851$12,365$10,247$8,457$3,442
18 years$16,583$13,723$11,287$9,234$7,520$2,867
19 years$15,546$12,718$10,333$8,344$6,702$2,392
20 years$14,614$11,818$9,483$7,557$5,987$1,998
21 years$13,772$11,008$8,723$6,859$5,357$1,670
22 years$13,007$10,276$8,039$6,236$4,802$1,398
23 years$12,310$9,611$7,423$5,679$4,311$1,170
24 years$11,672$9,005$6,865$5,180$3,875$981
25 years$11,086$8,450$6,358$4,731$3,487$822
26 years$10,546$7,942$5,897$4,325$3,141$689
27 years$10,047$7,474$5,476$3,959$2,831$578
28 years$9,584$7,043$5,090$3,627$2,555$485
29 years$9,154$6,644$4,737$3,326$2,307$407
30 years$8,753$6,275$4,412$3,053$2,085$342
31 years$8,379$5,932$4,114$2,804$1,885$287
32 years$8,029$5,613$3,838$2,577$1,705$241
33 years$7,701$5,315$3,584$2,369$1,543$202
34 years$7,393$5,038$3,348$2,180$1,397$170
35 years$7,103$4,778$3,130$2,007$1,265$143
36 years$6,829$4,535$2,928$1,848$1,146$120
37 years$6,572$4,307$2,741$1,703$1,039$101
38 years$6,328$4,094$2,567$1,570$942$85
39 years$6,097$3,893$2,405$1,447$854$71
40 years$5,879$3,704$2,254$1,335$775$60
41 years$5,671$3,525$2,114$1,232$703$50
42 years$5,475$3,357$1,983$1,137$638$42
43 years$5,287$3,199$1,860$1,049$579$35
44 years$5,109$3,049$1,746$969$525$30
45 years$4,939$2,908$1,640$895$477$25
46 years$4,777$2,774$1,540$826$433$21
47 years$4,623$2,647$1,447$764$393$18
48 years$4,475$2,527$1,360$706$357$15
49 years$4,334$2,413$1,278$652$324$12
50 years$4,198$2,305$1,202$603$295$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $4,300,000, adding $2,058 every year, while hoping to spend $20,756 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: 61/9/30 Blend
39$4,300,000$4,300,000$4,300,000$4,300,000
40$4,740,723$4,512,823$4,446,173$4,991,237
41$5,202,192$4,711,867$4,573,035$5,361,428
42$5,710,036$4,919,969$4,703,452$5,762,947
43$6,268,962$5,137,550$4,837,520$6,200,833
44$6,884,159$5,365,052$4,975,340$6,678,646
45$7,561,342$5,602,938$5,117,013$7,200,306
46$8,306,810$5,851,694$5,262,644$7,770,123
47$9,127,504$6,111,826$5,412,341$8,392,844
48$10,031,070$6,383,866$5,566,216$9,073,696
49$11,025,936$6,668,372$5,724,381$9,818,431
50$12,121,387$6,965,928$5,886,953$10,633,380
51$13,327,654$7,277,144$6,054,051$11,525,519
52$14,656,012$7,602,661$6,225,799$12,502,522
53$16,118,884$7,943,150$6,402,322$13,572,845
54$17,729,959$8,299,313$6,583,749$14,745,797
55$19,504,323$8,671,888$6,770,213$16,031,627
56$21,458,598$9,061,645$6,961,849$17,441,626
57$23,611,101$9,469,392$7,158,797$18,988,226
58$25,982,017$9,895,976$7,361,201$20,685,120
59$28,593,588$10,342,284$7,569,206$22,547,389
60$31,470,324$10,809,245$7,782,964$24,591,643
61$34,639,232$11,297,834$8,002,629$26,836,177
62$38,130,076$11,809,069$8,228,359$29,301,145
63$41,975,652$12,344,021$8,460,317$32,008,743
64$46,212,099$12,903,810$8,698,669$34,983,424
65$50,879,245$13,489,608$8,943,586$38,252,124
66$56,020,976$14,102,646$9,195,243$41,844,513
67$61,685,652$14,744,213$9,453,821$45,793,280
68$67,926,567$15,415,658$9,719,502$50,134,433
69$74,802,448$16,118,397$9,992,477$54,907,643
70$82,378,012$16,853,912$10,272,939$60,156,612
71$90,724,573$17,623,757$10,561,086$65,929,490
72$99,920,719$18,429,561$10,857,122$72,279,321
73$110,053,053$19,273,030$11,161,256$79,264,546
74$121,217,008$20,155,952$11,473,702$86,949,554
75$133,517,751$21,080,202$11,794,679$95,405,285
76$147,071,172$22,047,743$12,124,412$104,709,899
77$162,004,983$23,060,633$12,463,131$114,949,510
78$178,459,918$24,121,031$12,811,072$126,219,000
79$196,591,064$25,231,196$13,168,478$138,622,912
80$216,569,327$26,393,499$13,535,596$152,276,431
81$238,583,041$27,610,423$13,912,681$167,306,474
82$262,839,748$28,884,571$14,299,993$183,852,880
83$289,568,159$30,218,671$14,697,799$202,069,735
84$319,020,308$31,615,583$15,106,373$222,126,816
85$351,473,937$33,078,304$15,525,993$244,211,195
86$387,235,113$34,609,975$15,956,949$268,529,005
87$426,641,120$36,213,890$16,399,532$295,307,375
88$470,063,643$37,893,499$16,854,045$324,796,579
89$517,912,274$39,652,420$17,320,795$357,272,391
90$570,638,384$41,494,446$17,800,099$393,038,686
91$628,739,377$43,423,552$18,292,280$432,430,307
92$692,763,391$45,443,904$18,797,670$475,816,219
93$763,314,471$47,559,870$19,316,606$523,602,990
94$841,058,272$49,776,028$19,849,437$576,238,627
95$926,728,341$52,097,179$20,396,519$634,216,800
96$1,021,133,045$54,528,353$20,958,214$698,081,495
97$1,125,163,197$57,074,825$21,534,897$768,432,150
98$1,239,800,475$59,742,122$22,126,947$845,929,309
99$1,366,126,680$62,536,043$22,734,757$931,300,848
100$1,505,333,954$65,462,662$23,358,724$1,025,348,848