Can I retire at age 40 with 4,400,000?

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 $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$363,348$360,111$356,954$353,872$350,862$345,334
2 years$179,875$176,525$173,278$170,131$167,077$161,522
3 years$118,726$115,361$112,123$109,004$106,001$100,591
4 years$88,157$84,803$81,597$78,531$75,601$70,379
5 years$69,820$66,486$63,322$60,320$57,470$52,451
6 years$57,600$54,291$51,174$48,238$45,474$40,663
7 years$48,875$45,594$42,526$39,659$36,983$32,382
8 years$42,334$39,082$36,065$33,269$30,681$26,289
9 years$37,249$34,028$31,063$28,338$25,838$21,652
10 years$33,183$29,994$27,081$24,428$22,015$18,033
11 years$29,859$26,702$23,842$21,259$18,934$15,151
12 years$27,091$23,966$21,159$18,647$16,407$12,820
13 years$24,751$21,658$18,904$16,463$14,308$10,909
14 years$22,746$19,687$16,986$14,614$12,542$9,327
15 years$21,011$17,984$15,336$13,033$11,043$8,006
16 years$19,494$16,500$13,904$11,670$9,760$6,895
17 years$18,156$15,196$12,652$10,485$8,654$5,954
18 years$16,969$14,042$11,550$9,449$7,694$5,154
19 years$15,908$13,014$10,573$8,538$6,858$4,471
20 years$14,954$12,093$9,704$7,733$6,126$3,884
21 years$14,092$11,264$8,925$7,018$5,482$3,380
22 years$13,310$10,515$8,226$6,381$4,914$2,945
23 years$12,597$9,834$7,595$5,811$4,411$2,568
24 years$11,944$9,214$7,024$5,300$3,965$2,242
25 years$11,344$8,647$6,506$4,841$3,568$1,959
26 years$10,791$8,127$6,034$4,426$3,214$1,713
27 years$10,280$7,648$5,603$4,051$2,897$1,499
28 years$9,807$7,207$5,209$3,712$2,614$1,312
29 years$9,367$6,799$4,847$3,404$2,361$1,149
30 years$8,956$6,421$4,515$3,124$2,133$1,007
31 years$8,574$6,070$4,209$2,869$1,928$882
32 years$8,216$5,743$3,927$2,637$1,744$774
33 years$7,880$5,439$3,667$2,425$1,579$679
34 years$7,564$5,155$3,426$2,231$1,429$595
35 years$7,268$4,889$3,203$2,054$1,295$522
36 years$6,988$4,641$2,997$1,891$1,173$458
37 years$6,724$4,408$2,805$1,743$1,063$402
38 years$6,475$4,189$2,627$1,606$964$353
39 years$6,239$3,983$2,461$1,481$874$310
40 years$6,015$3,790$2,306$1,366$793$272
41 years$5,803$3,607$2,163$1,260$719$239
42 years$5,602$3,436$2,029$1,163$653$210
43 years$5,410$3,273$1,904$1,074$592$184
44 years$5,228$3,120$1,787$991$538$162
45 years$5,054$2,975$1,678$916$488$142
46 years$4,888$2,838$1,576$846$443$125
47 years$4,730$2,709$1,481$781$402$110
48 years$4,579$2,586$1,391$722$365$96
49 years$4,434$2,469$1,308$667$332$85
50 years$4,296$2,359$1,229$617$301$74

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $4,400,000, adding $6,743 every year, while hoping to spend $52,132 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: 65/27/8 Blend
39$4,400,000$4,400,000$4,400,000$4,400,000
40$4,855,755$4,622,555$4,554,355$5,163,406
41$5,295,574$4,793,593$4,651,458$5,540,052
42$5,778,508$4,971,263$4,750,067$5,944,595
43$6,308,898$5,155,838$4,850,177$6,385,216
44$6,891,529$5,347,597$4,951,781$6,865,420
45$7,531,671$5,546,835$5,054,871$7,389,065
46$8,235,129$5,753,858$5,159,437$7,960,395
47$9,008,299$5,968,984$5,265,466$8,584,082
48$9,858,229$6,192,547$5,372,942$9,265,265
49$10,792,680$6,424,894$5,481,847$10,009,603
50$11,820,206$6,666,386$5,592,162$10,823,322
51$12,950,230$6,917,402$5,703,862$11,713,279
52$14,193,133$7,178,335$5,816,922$12,687,018
53$15,560,356$7,449,596$5,931,311$13,752,849
54$17,064,500$7,731,614$6,046,998$14,919,916
55$18,719,451$8,024,836$6,163,945$16,198,292
56$20,540,511$8,329,728$6,282,112$17,599,063
57$22,544,536$8,646,778$6,401,456$19,134,441
58$24,750,102$8,976,494$6,521,929$20,817,870
59$27,177,676$9,319,405$6,643,476$22,664,156
60$29,849,808$9,676,066$6,766,042$24,689,606
61$32,791,349$10,047,053$6,889,565$26,912,178
62$36,029,677$10,432,969$7,013,976$29,351,650
63$39,594,964$10,834,445$7,139,204$32,029,804
64$43,520,453$11,252,135$7,265,170$34,970,633
65$47,842,777$11,686,727$7,391,791$38,200,565
66$52,602,299$12,138,936$7,518,975$41,748,708
67$57,843,499$12,609,509$7,646,626$45,647,126
68$63,615,388$13,099,227$7,774,640$49,931,139
69$69,971,973$13,608,904$7,902,905$54,639,653
70$76,972,766$14,139,392$8,031,304$59,815,530
71$84,683,344$14,691,579$8,159,709$65,505,982
72$93,175,971$15,266,392$8,287,986$71,763,026
73$102,530,277$15,864,802$8,415,990$78,643,961
74$112,834,008$16,487,820$8,543,568$86,211,917
75$124,183,857$17,136,503$8,670,558$94,536,440
76$136,686,375$17,811,957$8,796,786$103,694,151
77$150,458,977$18,515,334$8,922,070$113,769,467
78$165,631,048$19,247,841$9,046,215$124,855,392
79$182,345,165$20,010,736$9,169,014$137,054,395
80$200,758,445$20,805,335$9,290,248$150,479,372
81$221,044,022$21,633,012$9,409,688$165,254,711
82$243,392,687$22,495,205$9,527,087$181,517,462
83$268,014,685$23,393,413$9,642,188$199,418,627
84$295,141,698$24,329,206$9,754,717$219,124,583
85$325,029,037$25,304,222$9,864,385$240,818,650
86$357,958,045$26,320,175$9,970,888$264,702,815
87$394,238,757$27,378,856$10,073,905$290,999,637
88$434,212,826$28,482,135$10,173,096$319,954,343
89$478,256,743$29,631,968$10,268,103$351,837,141
90$526,785,397$30,830,401$10,358,551$386,945,763
91$580,255,988$32,079,571$10,444,043$425,608,274
92$639,172,341$33,381,713$10,524,161$468,186,165
93$704,089,665$34,739,162$10,598,466$515,077,756
94$775,619,791$36,154,360$10,666,494$566,721,957
95$854,436,948$37,629,863$10,727,761$623,602,403
96$941,284,130$39,168,339$10,781,753$686,252,012
97$1,036,980,104$40,772,581$10,827,935$755,258,017
98$1,142,427,146$42,445,508$10,865,742$831,267,498
99$1,258,619,550$44,190,173$10,894,579$914,993,484
100$1,386,653,021$46,009,769$10,913,825$1,007,221,683