Can I retire at age 40 with 5,300,000?

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 $5,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$437,669$433,771$429,967$426,254$422,629$419,088
2 years$216,668$212,633$208,722$204,930$201,252$197,683
3 years$143,010$138,958$135,057$131,301$127,683$124,196
4 years$106,189$102,149$98,287$94,595$91,064$87,688
5 years$84,102$80,086$76,275$72,658$69,226$65,969
6 years$69,382$65,396$61,641$58,105$54,776$51,642
7 years$58,872$54,920$51,224$47,771$44,547$41,539
8 years$50,993$47,076$43,442$40,074$36,956$34,073
9 years$44,868$40,988$37,417$34,134$31,123$28,363
10 years$39,971$36,129$32,621$29,424$26,518$23,881
11 years$35,967$32,164$28,719$25,608$22,806$20,290
12 years$32,632$28,868$25,487$22,461$19,764$17,366
13 years$29,813$26,089$22,771$19,830$17,234$14,952
14 years$27,399$23,714$20,460$17,603$15,107$12,938
15 years$25,308$21,663$18,473$15,699$13,302$11,242
16 years$23,481$19,875$16,748$14,057$11,756$9,802
17 years$21,870$18,304$15,240$12,630$10,424$8,573
18 years$20,440$16,914$13,912$11,382$9,268$7,517
19 years$19,162$15,676$12,736$10,285$8,261$6,606
20 years$18,013$14,567$11,688$9,315$7,379$5,816
21 years$16,975$13,568$10,751$8,454$6,603$5,130
22 years$16,032$12,666$9,909$7,686$5,919$4,531
23 years$15,173$11,846$9,149$7,000$5,313$4,006
24 years$14,387$11,099$8,461$6,384$4,776$3,547
25 years$13,664$10,416$7,837$5,831$4,297$3,143
26 years$12,998$9,789$7,268$5,331$3,871$2,788
27 years$12,383$9,213$6,749$4,880$3,490$2,474
28 years$11,813$8,681$6,274$4,471$3,149$2,198
29 years$11,282$8,190$5,839$4,100$2,843$1,953
30 years$10,789$7,734$5,439$3,763$2,569$1,737
31 years$10,327$7,311$5,070$3,456$2,323$1,545
32 years$9,896$6,918$4,731$3,176$2,101$1,375
33 years$9,492$6,551$4,417$2,921$1,902$1,224
34 years$9,112$6,209$4,127$2,687$1,722$1,090
35 years$8,754$5,889$3,858$2,474$1,559$971
36 years$8,418$5,590$3,610$2,278$1,413$865
37 years$8,100$5,309$3,378$2,099$1,281$771
38 years$7,800$5,046$3,164$1,935$1,161$687
39 years$7,515$4,798$2,964$1,784$1,053$613
40 years$7,246$4,565$2,778$1,645$955$546
41 years$6,990$4,345$2,605$1,518$866$487
42 years$6,748$4,138$2,444$1,401$786$435
43 years$6,517$3,943$2,293$1,293$713$388
44 years$6,297$3,758$2,152$1,194$648$346
45 years$6,088$3,584$2,021$1,103$588$309
46 years$5,888$3,419$1,898$1,019$534$275
47 years$5,698$3,263$1,783$941$485$246
48 years$5,515$3,115$1,676$870$440$219
49 years$5,341$2,974$1,575$804$400$196
50 years$5,175$2,841$1,481$743$363$175

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $5,300,000, adding $5,618 every year, while hoping to spend $35,594 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: 66/29/5 Blend
39$5,300,000$5,300,000$5,300,000$5,300,000
40$5,846,395$5,565,495$5,483,345$6,228,149
41$6,404,856$5,800,332$5,629,165$6,716,937
42$7,019,086$6,045,484$5,778,678$7,246,082
43$7,694,738$6,301,418$5,931,968$7,823,378
44$8,438,036$6,568,622$6,089,124$8,453,507
45$9,255,842$6,847,611$6,250,236$9,141,619
46$10,155,714$7,138,920$6,415,395$9,893,380
47$11,145,979$7,443,109$6,584,693$10,715,021
48$12,235,815$7,760,767$6,758,226$11,613,402
49$13,435,331$8,092,508$6,936,090$12,596,068
50$14,755,669$8,438,976$7,118,384$13,671,323
51$16,209,105$8,800,843$7,305,207$14,848,304
52$17,809,165$9,178,815$7,496,662$16,137,071
53$19,570,752$9,573,630$7,692,853$17,548,694
54$21,510,291$9,986,060$7,893,885$19,095,356
55$23,645,877$10,416,913$8,099,867$20,790,474
56$25,997,451$10,867,037$8,310,908$22,648,811
57$28,586,987$11,337,317$8,527,118$24,686,627
58$31,438,695$11,828,681$8,748,613$26,921,818
59$34,579,257$12,342,101$8,975,506$29,374,092
60$38,038,071$12,878,594$9,207,915$32,065,146
61$41,847,534$13,439,225$9,445,960$35,018,874
62$46,043,343$14,025,108$9,689,761$38,261,585
63$50,664,837$14,637,411$9,939,441$41,822,251
64$55,755,364$15,277,357$10,195,125$45,732,780
65$61,362,689$15,946,226$10,456,940$50,028,308
66$67,539,450$16,645,358$10,725,014$54,747,535
67$74,343,651$17,376,157$10,999,479$59,933,081
68$81,839,208$18,140,094$11,280,466$65,631,889
69$90,096,556$18,938,707$11,568,110$71,895,662
70$99,193,310$19,773,609$11,862,548$78,781,351
71$109,215,001$20,646,489$12,163,916$86,351,683
72$120,255,879$21,559,116$12,472,356$94,675,755
73$132,419,807$22,513,341$12,788,008$103,829,679
74$145,821,238$23,511,104$13,111,016$113,897,296
75$160,586,294$24,554,438$13,441,525$124,970,965
76$176,853,962$25,645,472$13,779,682$137,152,428
77$194,777,399$26,786,433$14,125,635$150,553,765
78$214,525,384$27,979,658$14,479,534$165,298,451
79$236,283,905$29,227,593$14,841,530$181,522,512
80$260,257,918$30,532,801$15,211,776$199,375,803
81$286,673,282$31,897,964$15,590,427$219,023,422
82$315,778,889$33,325,896$15,977,638$240,647,255
83$347,849,012$34,819,542$16,373,566$264,447,693
84$383,185,900$36,381,988$16,778,368$290,645,513
85$422,122,623$38,016,466$17,192,205$319,483,957
86$465,026,222$39,726,365$17,615,236$351,231,019
87$512,301,172$41,515,232$18,047,621$386,181,972
88$564,393,199$43,386,785$18,489,524$424,662,138
89$621,793,487$45,344,920$18,941,105$467,029,962
90$685,043,318$47,393,717$19,402,528$513,680,378
91$754,739,180$49,537,452$19,873,955$565,048,532
92$831,538,395$51,780,605$20,355,551$621,613,881
93$916,165,327$54,127,872$20,847,479$683,904,707
94$1,009,418,223$56,584,170$21,349,902$752,503,094
95$1,112,176,741$59,154,653$21,862,983$828,050,413
96$1,225,410,261$61,844,723$22,386,884$911,253,365
97$1,350,187,031$64,660,039$22,921,769$1,002,890,640
98$1,487,684,257$67,606,529$23,467,797$1,103,820,254
99$1,639,199,212$70,690,410$24,025,129$1,214,987,640
100$1,806,161,484$73,918,192$24,593,923$1,337,434,555