Can I retire at age 40 with 4,500,000?

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 $4,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$371,606$368,296$365,066$361,914$358,836$347,350
2 years$183,963$180,537$177,217$173,997$170,874$159,408
3 years$121,424$117,983$114,671$111,482$108,410$97,323
4 years$90,160$86,730$83,451$80,316$77,319$66,697
5 years$71,407$67,997$64,761$61,691$58,776$48,648
6 years$58,909$55,525$52,337$49,334$46,508$36,881
7 years$49,985$46,630$43,492$40,561$37,823$28,697
8 years$43,296$39,970$36,885$34,025$31,378$22,746
9 years$38,095$34,801$31,769$28,982$26,425$18,278
10 years$33,937$30,676$27,697$24,983$22,515$14,840
11 years$30,538$27,309$24,384$21,742$19,364$12,147
12 years$27,707$24,511$21,640$19,071$16,780$10,006
13 years$25,313$22,151$19,334$16,837$14,633$8,284
14 years$23,263$20,134$17,372$14,946$12,827$6,887
15 years$21,488$18,393$15,684$13,329$11,294$5,745
16 years$19,937$16,875$14,220$11,935$9,982$4,805
17 years$18,569$15,542$12,940$10,723$8,850$4,029
18 years$17,355$14,361$11,812$9,664$7,869$3,384
19 years$16,270$13,310$10,814$8,732$7,014$2,846
20 years$15,294$12,368$9,924$7,909$6,265$2,398
21 years$14,413$11,520$9,128$7,178$5,607$2,022
22 years$13,612$10,754$8,413$6,526$5,026$1,706
23 years$12,883$10,058$7,768$5,943$4,511$1,441
24 years$12,215$9,424$7,184$5,421$4,055$1,218
25 years$11,602$8,844$6,654$4,951$3,649$1,030
26 years$11,036$8,311$6,171$4,527$3,287$872
27 years$10,514$7,822$5,731$4,143$2,963$738
28 years$10,030$7,371$5,327$3,796$2,674$625
29 years$9,579$6,953$4,957$3,481$2,414$529
30 years$9,160$6,567$4,618$3,195$2,181$448
31 years$8,769$6,208$4,305$2,934$1,972$380
32 years$8,402$5,874$4,017$2,697$1,784$322
33 years$8,059$5,563$3,750$2,480$1,615$273
34 years$7,736$5,272$3,504$2,282$1,462$231
35 years$7,433$5,000$3,276$2,100$1,324$196
36 years$7,147$4,746$3,065$1,934$1,200$166
37 years$6,877$4,508$2,868$1,782$1,087$141
38 years$6,622$4,284$2,686$1,643$986$119
39 years$6,381$4,074$2,517$1,515$894$101
40 years$6,152$3,876$2,359$1,397$811$86
41 years$5,935$3,689$2,212$1,289$736$73
42 years$5,729$3,514$2,075$1,190$667$62
43 years$5,533$3,348$1,947$1,098$606$52
44 years$5,347$3,191$1,828$1,014$550$44
45 years$5,169$3,043$1,716$936$499$38
46 years$4,999$2,903$1,612$865$453$32
47 years$4,838$2,770$1,514$799$412$27
48 years$4,683$2,645$1,423$738$374$23
49 years$4,535$2,525$1,337$682$339$19
50 years$4,394$2,412$1,257$631$308$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $4,500,000, adding $5,818 every year, while hoping to spend $24,834 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: 38/32/30 Blend
39$4,500,000$4,500,000$4,500,000$4,500,000
40$4,965,001$4,726,501$4,656,751$5,109,175
41$5,445,008$4,931,677$4,786,329$5,421,322
42$5,973,144$5,146,073$4,919,416$5,755,770
43$6,554,290$5,370,117$5,056,102$6,116,773
44$7,193,828$5,604,253$5,196,482$6,506,762
45$7,897,685$5,848,948$5,340,651$6,928,408
46$8,672,394$6,104,691$5,488,707$7,384,638
47$9,525,151$6,371,994$5,640,752$7,878,671
48$10,463,886$6,651,391$5,796,887$8,414,038
49$11,497,338$6,943,446$5,957,219$8,994,621
50$12,635,136$7,248,744$6,121,855$9,624,682
51$13,887,889$7,567,901$6,290,906$10,308,904
52$15,267,288$7,901,562$6,464,485$11,052,436
53$16,786,214$8,250,402$6,642,708$11,860,934
54$18,458,864$8,615,127$6,825,695$12,740,616
55$20,300,878$8,996,478$7,013,565$13,698,320
56$22,329,492$9,395,231$7,206,445$14,741,561
57$24,563,700$9,812,197$7,404,460$15,878,605
58$27,024,430$10,248,227$7,607,742$17,118,543
59$29,734,744$10,704,212$7,816,424$18,471,372
60$32,720,056$11,181,087$8,030,642$19,948,090
61$36,008,369$11,679,827$8,250,536$21,560,796
62$39,630,543$12,201,459$8,476,249$23,322,801
63$43,620,581$12,747,053$8,707,926$25,248,749
64$48,015,957$13,317,736$8,945,719$27,354,757
65$52,857,963$13,914,683$9,189,778$29,658,559
66$58,192,101$14,539,128$9,440,262$32,179,672
67$64,068,514$15,192,364$9,697,329$34,939,577
68$70,542,456$15,875,744$9,961,144$37,961,918
69$77,674,818$16,590,687$10,231,874$41,272,722
70$85,532,698$17,338,678$10,509,689$44,900,638
71$94,190,035$18,121,276$10,794,766$48,877,207
72$103,728,310$18,940,110$11,087,282$53,237,152
73$114,237,312$19,796,890$11,387,421$58,018,704
74$125,815,987$20,693,406$11,695,368$63,263,956
75$138,573,371$21,631,536$12,011,316$69,019,259
76$152,629,618$22,613,245$12,335,459$75,335,648
77$168,117,138$23,640,593$12,667,996$82,269,324
78$185,181,844$24,715,740$13,009,131$89,882,178
79$203,984,527$25,840,946$13,359,072$98,242,367
80$224,702,379$27,018,583$13,718,031$107,424,953
81$247,530,662$28,251,134$14,086,226$117,512,607
82$272,684,552$29,541,202$14,463,877$128,596,376
83$300,401,170$30,891,515$14,851,211$140,776,544
84$330,941,822$32,304,931$15,248,458$154,163,567
85$364,594,461$33,784,446$15,655,855$168,879,107
86$401,676,412$35,333,200$16,073,642$185,057,175
87$442,537,361$36,954,481$16,502,064$202,845,387
88$487,562,661$38,651,740$16,941,372$222,406,348
89$537,176,965$40,428,588$17,391,821$243,919,179
90$591,848,240$42,288,814$17,853,672$267,581,198
91$652,092,181$44,236,386$18,327,190$293,609,771
92$718,477,080$46,275,465$18,812,647$322,244,359
93$791,629,191$48,410,411$19,310,319$353,748,760
94$872,238,641$50,645,794$19,820,488$388,413,593
95$961,065,948$52,986,404$20,343,440$426,559,032
96$1,058,949,199$55,437,262$20,879,469$468,537,808
97$1,166,811,958$58,003,629$21,428,872$514,738,533
98$1,285,671,992$60,691,020$21,991,954$565,589,352
99$1,416,650,873$63,505,219$22,569,022$621,561,973
100$1,560,984,571$66,452,284$23,160,394$683,176,103