Can I retire at age 40 with 5,100,000?

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 $5,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$421,153$417,402$413,742$410,169$406,681$403,105
2 years$208,492$204,609$200,846$197,197$193,658$190,054
3 years$137,614$133,714$129,960$126,346$122,864$119,345
4 years$102,182$98,294$94,578$91,025$87,628$84,220
5 years$80,928$77,064$73,396$69,916$66,613$63,327
6 years$66,764$62,928$59,315$55,912$52,709$49,548
7 years$56,650$52,847$49,291$45,969$42,866$39,832
8 years$49,068$45,300$41,803$38,562$35,562$32,654
9 years$43,175$39,442$36,005$32,846$29,948$27,166
10 years$38,462$34,766$31,390$28,314$25,517$22,860
11 years$34,610$30,950$27,635$24,641$21,946$19,410
12 years$31,401$27,779$24,525$21,614$19,018$16,602
13 years$28,688$25,104$21,912$19,082$16,584$14,285
14 years$26,365$22,819$19,688$16,939$14,537$12,353
15 years$24,353$20,846$17,775$15,106$12,800$10,726
16 years$22,595$19,125$16,116$13,526$11,312$9,347
17 years$21,045$17,614$14,665$12,153$10,030$8,169
18 years$19,669$16,276$13,387$10,952$8,919$7,158
19 years$18,439$15,084$12,255$9,896$7,949$6,285
20 years$17,333$14,017$11,247$8,963$7,101$5,530
21 years$16,334$13,056$10,345$8,135$6,354$4,874
22 years$15,427$12,188$9,535$7,396$5,696$4,301
23 years$14,601$11,399$8,804$6,736$5,113$3,801
24 years$13,844$10,680$8,142$6,144$4,595$3,362
25 years$13,149$10,023$7,541$5,611$4,135$2,977
26 years$12,508$9,420$6,994$5,130$3,725$2,638
27 years$11,916$8,865$6,495$4,696$3,358$2,340
28 years$11,367$8,353$6,038$4,302$3,030$2,077
29 years$10,857$7,881$5,618$3,945$2,736$1,844
30 years$10,381$7,442$5,233$3,621$2,472$1,638
31 years$9,938$7,035$4,879$3,325$2,235$1,456
32 years$9,523$6,657$4,552$3,056$2,022$1,295
33 years$9,133$6,304$4,250$2,810$1,830$1,152
34 years$8,768$5,975$3,971$2,586$1,657$1,025
35 years$8,424$5,667$3,713$2,380$1,501$912
36 years$8,100$5,379$3,473$2,192$1,360$812
37 years$7,794$5,109$3,251$2,020$1,232$723
38 years$7,505$4,855$3,044$1,862$1,117$644
39 years$7,232$4,617$2,852$1,717$1,013$574
40 years$6,973$4,393$2,673$1,583$919$511
41 years$6,727$4,181$2,507$1,461$834$455
42 years$6,493$3,982$2,351$1,348$756$406
43 years$6,271$3,794$2,207$1,245$686$362
44 years$6,060$3,617$2,071$1,149$623$322
45 years$5,858$3,449$1,945$1,061$566$287
46 years$5,666$3,290$1,827$980$514$256
47 years$5,483$3,140$1,716$906$466$228
48 years$5,307$2,997$1,613$837$424$204
49 years$5,140$2,862$1,516$773$385$182
50 years$4,979$2,734$1,425$715$349$162

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $5,100,000, adding $5,229 every year, while hoping to spend $46,909 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: 37/36/27 Blend
39$5,100,000$5,100,000$5,100,000$5,100,000
40$5,625,594$5,355,294$5,276,244$5,788,115
41$6,149,493$5,567,792$5,403,087$6,120,935
42$6,725,259$5,789,131$5,532,607$6,475,528
43$7,358,130$6,019,694$5,664,845$6,857,649
44$8,053,882$6,259,881$5,799,840$7,269,817
45$8,818,875$6,510,112$5,937,632$7,714,794
46$9,660,118$6,770,825$6,078,259$8,195,614
47$10,585,331$7,042,477$6,221,762$8,715,609
48$11,603,022$7,325,546$6,368,179$9,278,439
49$12,722,565$7,620,532$6,517,547$9,888,126
50$13,954,285$7,927,957$6,669,904$10,549,088
51$15,309,563$8,248,367$6,825,286$11,266,182
52$16,800,936$8,582,334$6,983,730$12,044,744
53$18,442,216$8,930,454$7,145,271$12,890,643
54$20,248,627$9,293,351$7,309,942$13,810,331
55$22,236,938$9,671,677$7,477,777$14,810,901
56$24,425,631$10,066,113$7,648,807$15,900,155
57$26,835,066$10,477,374$7,823,063$17,086,673
58$29,487,682$10,906,204$8,000,574$18,379,894
59$32,408,200$11,353,383$8,181,368$19,790,200
60$35,623,864$11,819,726$8,365,472$21,329,015
61$39,164,691$12,306,086$8,552,908$23,008,907
62$43,063,760$12,813,354$8,743,700$24,843,706
63$47,357,518$13,342,463$8,937,869$26,848,631
64$52,086,128$13,894,388$9,135,431$29,040,433
65$57,293,849$14,470,148$9,336,404$31,437,546
66$63,029,448$15,070,811$9,540,799$34,060,262
67$69,346,663$15,697,493$9,748,628$36,930,918
68$76,304,714$16,351,361$9,959,898$40,074,101
69$83,968,853$17,033,636$10,174,613$43,516,880
70$92,410,988$17,745,596$10,392,775$47,289,059
71$101,710,356$18,488,578$10,614,380$51,423,450
72$111,954,273$19,263,979$10,839,422$55,956,181
73$123,238,958$20,073,263$11,067,892$60,927,035
74$135,670,439$20,917,960$11,299,774$66,379,817
75$149,365,556$21,799,672$11,535,048$72,362,768
76$164,453,062$22,720,076$11,773,692$78,929,011
77$181,074,839$23,680,923$12,015,674$86,137,053
78$199,387,235$24,684,051$12,260,962$94,051,326
79$219,562,542$25,731,379$12,509,514$102,742,795
80$241,790,622$26,824,917$12,761,283$112,289,620
81$266,280,696$27,966,769$13,016,216$122,777,889
82$293,263,321$29,159,135$13,274,254$134,302,425
83$322,992,568$30,404,320$13,535,329$146,967,672
84$355,748,413$31,704,735$13,799,366$160,888,680
85$391,839,389$33,062,905$14,066,283$176,192,180
86$431,605,490$34,481,471$14,335,987$193,017,774
87$475,421,386$35,963,199$14,608,379$211,519,245
88$523,699,956$37,510,984$14,883,348$231,866,005
89$576,896,186$39,127,857$15,160,774$254,244,681
90$635,511,464$40,816,989$15,440,527$278,860,872
91$700,098,315$42,581,703$15,722,467$305,941,078
92$771,265,612$44,425,475$16,006,438$335,734,832
93$849,684,328$46,351,947$16,292,277$368,517,046
94$936,093,865$48,364,928$16,579,804$404,590,594
95$1,031,309,040$50,468,410$16,868,828$444,289,163
96$1,136,227,771$52,666,571$17,159,143$487,980,392
97$1,251,839,557$54,963,786$17,450,527$536,069,328
98$1,379,234,816$57,364,636$17,742,744$589,002,246
99$1,519,615,182$59,873,918$18,035,541$647,270,838
100$1,674,304,845$62,496,655$18,328,646$711,416,853