Can I retire at age 40 with 4,600,000?

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 $4,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$379,864$376,480$373,179$369,957$366,810$364,499
2 years$188,051$184,549$181,155$177,864$174,672$172,340
3 years$124,122$120,605$117,219$113,959$110,819$108,539
4 years$92,164$88,657$85,306$82,101$79,037$76,827
5 years$72,994$69,508$66,201$63,062$60,083$57,949
6 years$60,218$56,759$53,500$50,431$47,541$45,486
7 years$51,096$47,666$44,459$41,462$38,664$36,689
8 years$44,258$40,859$37,704$34,781$32,075$30,180
9 years$38,942$35,575$32,475$29,626$27,012$25,196
10 years$34,692$31,357$28,312$25,538$23,016$21,278
11 years$31,216$27,916$24,926$22,226$19,794$18,134
12 years$28,322$25,056$22,121$19,495$17,153$15,569
13 years$25,876$22,643$19,764$17,211$14,958$13,448
14 years$23,780$20,582$17,758$15,278$13,112$11,675
15 years$21,966$18,802$16,033$13,625$11,545$10,178
16 years$20,380$17,250$14,536$12,200$10,203$8,906
17 years$18,982$15,887$13,227$10,962$9,047$7,816
18 years$17,740$14,680$12,075$9,879$8,044$6,877
19 years$16,631$13,605$11,054$8,926$7,170$6,065
20 years$15,634$12,643$10,145$8,084$6,404$5,360
21 years$14,733$11,776$9,331$7,337$5,731$4,744
22 years$13,915$10,993$8,600$6,671$5,137$4,206
23 years$13,169$10,281$7,941$6,075$4,611$3,734
24 years$12,487$9,633$7,344$5,541$4,145$3,318
25 years$11,860$9,040$6,802$5,061$3,730$2,952
26 years$11,282$8,496$6,308$4,627$3,360$2,628
27 years$10,748$7,996$5,858$4,235$3,029$2,342
28 years$10,252$7,534$5,446$3,880$2,733$2,088
29 years$9,792$7,108$5,068$3,558$2,468$1,863
30 years$9,364$6,713$4,720$3,266$2,230$1,664
31 years$8,963$6,346$4,401$2,999$2,016$1,486
32 years$8,589$6,004$4,106$2,756$1,824$1,328
33 years$8,238$5,686$3,834$2,535$1,650$1,187
34 years$7,908$5,389$3,582$2,332$1,494$1,061
35 years$7,598$5,112$3,349$2,147$1,353$950
36 years$7,306$4,852$3,133$1,977$1,226$850
37 years$7,030$4,608$2,932$1,822$1,111$760
38 years$6,769$4,379$2,746$1,679$1,008$681
39 years$6,523$4,164$2,573$1,548$914$609
40 years$6,289$3,962$2,411$1,428$829$546
41 years$6,067$3,771$2,261$1,318$752$489
42 years$5,856$3,592$2,121$1,216$682$438
43 years$5,656$3,422$1,990$1,122$619$392
44 years$5,465$3,262$1,868$1,036$562$352
45 years$5,284$3,111$1,754$957$510$315
46 years$5,110$2,967$1,648$884$463$282
47 years$4,945$2,832$1,548$817$421$253
48 years$4,787$2,703$1,455$755$382$227
49 years$4,636$2,582$1,367$698$347$203
50 years$4,491$2,466$1,285$645$315$182

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $4,600,000, adding $2,399 every year, while hoping to spend $44,275 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: 60/33/7 Blend
39$4,600,000$4,600,000$4,600,000$4,600,000
40$5,071,675$4,827,875$4,756,575$5,368,574
41$5,541,877$5,017,332$4,868,812$5,757,128
42$6,058,556$5,214,589$4,983,325$6,175,444
43$6,626,406$5,419,981$5,100,143$6,630,580
44$7,250,598$5,633,859$5,219,296$7,126,080
45$7,936,829$5,856,588$5,340,812$7,665,838
46$8,691,375$6,088,550$5,464,719$8,254,141
47$9,521,152$6,330,146$5,591,044$8,895,700
48$10,433,780$6,581,793$5,719,814$9,595,700
49$11,437,651$6,843,926$5,851,054$10,359,844
50$12,542,015$7,117,003$5,984,788$11,194,407
51$13,757,063$7,401,499$6,121,041$12,106,294
52$15,094,023$7,697,911$6,259,835$13,103,103
53$16,565,265$8,006,760$6,401,191$14,193,196
54$18,184,420$8,328,590$6,545,129$15,385,774
55$19,966,509$8,663,969$6,691,669$16,690,968
56$21,928,080$9,013,491$6,840,827$18,119,926
57$24,087,369$9,377,776$6,992,619$19,684,922
58$26,464,467$9,757,474$7,147,059$21,399,467
59$29,081,516$10,153,263$7,304,158$23,278,435
60$31,962,910$10,565,852$7,463,927$25,338,204
61$35,135,531$10,995,984$7,626,373$27,596,806
62$38,629,001$11,444,432$7,791,502$30,074,093
63$42,475,958$11,912,008$7,959,316$32,791,930
64$46,712,369$12,399,560$8,129,817$35,774,389
65$51,377,866$12,907,973$8,303,000$39,047,983
66$56,516,119$13,438,175$8,478,862$42,641,908
67$62,175,252$13,991,135$8,657,393$46,588,318
68$68,408,294$14,567,866$8,838,581$50,922,625
69$75,273,677$15,169,429$9,022,411$55,683,832
70$82,835,793$15,796,932$9,208,863$60,914,897
71$91,165,597$16,451,535$9,397,913$66,663,135
72$100,341,279$17,134,451$9,589,534$72,980,663
73$110,448,999$17,846,949$9,783,693$79,924,889
74$121,583,704$18,590,356$9,980,353$87,559,047
75$133,850,018$19,366,060$10,179,472$95,952,794
76$147,363,237$20,175,514$10,381,002$105,182,863
77$162,250,411$21,020,238$10,584,889$115,333,781
78$178,651,545$21,901,821$10,791,074$126,498,666
79$196,720,919$22,821,927$10,999,492$138,780,099
80$216,628,547$23,782,296$11,210,069$152,291,093
81$238,561,780$24,784,749$11,422,727$167,156,147
82$262,727,071$25,831,192$11,637,378$183,512,422
83$289,351,930$26,923,618$11,853,928$201,511,032
84$318,687,065$28,064,114$12,072,273$221,318,460
85$351,008,753$29,254,863$12,292,302$243,118,129
86$386,621,445$30,498,150$12,513,893$267,112,124
87$425,860,640$31,796,367$12,736,916$293,523,096
88$469,096,053$33,152,017$12,961,231$322,596,357
89$516,735,104$34,567,719$13,186,685$354,602,189
90$569,226,762$36,046,215$13,413,117$389,838,389
91$627,065,787$37,590,374$13,640,351$428,633,074
92$690,797,395$39,203,201$13,868,201$471,347,768
93$761,022,411$40,887,839$14,096,468$518,380,809
94$838,402,935$42,647,581$14,324,937$570,171,103
95$923,668,594$44,485,872$14,553,382$627,202,257
96$1,017,623,429$46,406,319$14,781,559$690,007,134
97$1,121,153,488$48,412,697$15,009,210$759,172,877
98$1,235,235,186$50,508,961$15,236,061$835,346,443
99$1,360,944,524$52,699,250$15,461,818$919,240,695
100$1,499,467,248$54,987,896$15,686,171$1,011,641,126