Can I retire at age 40 with 5,700,000?

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 $5,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$470,701$466,508$462,417$458,425$454,526$439,098
2 years$233,020$228,680$224,474$220,396$216,441$201,052
3 years$153,804$149,445$145,250$141,210$137,319$122,453
4 years$114,203$109,858$105,705$101,734$97,937$83,707
5 years$90,449$86,130$82,031$78,141$74,450$60,894
6 years$74,618$70,332$66,293$62,490$58,910$46,038
7 years$63,315$59,064$55,090$51,377$47,910$35,721
8 years$54,841$50,629$46,721$43,099$39,746$28,230
9 years$48,254$44,082$40,241$36,711$33,472$22,615
10 years$42,987$38,856$35,083$31,645$28,519$18,304
11 years$38,681$34,591$30,886$27,540$24,528$14,934
12 years$35,095$31,047$27,411$24,157$21,255$12,261
13 years$32,063$28,058$24,490$21,327$18,535$10,117
14 years$29,467$25,504$22,004$18,931$16,248$8,382
15 years$27,218$23,298$19,867$16,884$14,306$6,967
16 years$25,253$21,375$18,012$15,117$12,643$5,806
17 years$23,521$19,686$16,390$13,583$11,210$4,850
18 years$21,983$18,191$14,962$12,241$9,968$4,058
19 years$20,608$16,859$13,697$11,061$8,885$3,401
20 years$19,372$15,666$12,571$10,018$7,936$2,854
21 years$18,256$14,592$11,563$9,092$7,102$2,397
22 years$17,242$13,621$10,657$8,266$6,366$2,015
23 years$16,318$12,740$9,840$7,528$5,714$1,696
24 years$15,472$11,936$9,100$6,866$5,136$1,427
25 years$14,695$11,202$8,428$6,271$4,622$1,202
26 years$13,979$10,528$7,817$5,734$4,163$1,013
27 years$13,318$9,908$7,259$5,248$3,753$854
28 years$12,704$9,336$6,748$4,808$3,387$720
29 years$12,134$8,808$6,279$4,409$3,058$607
30 years$11,603$8,318$5,849$4,047$2,763$512
31 years$11,107$7,863$5,453$3,717$2,498$432
32 years$10,643$7,440$5,088$3,416$2,260$365
33 years$10,208$7,046$4,750$3,141$2,045$308
34 years$9,799$6,678$4,438$2,890$1,852$260
35 years$9,415$6,334$4,150$2,660$1,677$219
36 years$9,053$6,012$3,882$2,450$1,520$185
37 years$8,711$5,710$3,633$2,257$1,377$156
38 years$8,388$5,426$3,403$2,081$1,249$132
39 years$8,082$5,160$3,188$1,919$1,132$111
40 years$7,793$4,909$2,988$1,770$1,027$94
41 years$7,518$4,673$2,802$1,633$932$80
42 years$7,257$4,451$2,628$1,507$845$67
43 years$7,009$4,241$2,466$1,391$767$57
44 years$6,772$4,042$2,315$1,284$696$48
45 years$6,547$3,855$2,174$1,186$632$40
46 years$6,333$3,677$2,042$1,096$574$34
47 years$6,128$3,509$1,918$1,012$521$29
48 years$5,932$3,350$1,802$935$473$24
49 years$5,744$3,199$1,694$864$430$21
50 years$5,565$3,056$1,593$799$391$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $5,700,000, adding $4,864 every year, while hoping to spend $28,491 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: 63/27/10 Blend
39$5,700,000$5,700,000$5,700,000$5,700,000
40$6,286,417$5,984,317$5,895,967$6,668,289
41$6,897,318$6,247,235$6,063,168$7,187,015
42$7,569,575$6,522,080$6,235,015$7,749,418
43$8,309,417$6,809,408$6,411,634$8,362,774
44$9,123,708$7,109,799$6,593,154$9,032,026
45$10,020,008$7,423,861$6,779,706$9,762,608
46$11,006,650$7,752,231$6,971,427$10,560,500
47$12,092,814$8,095,576$7,168,456$11,432,279
48$13,288,616$8,454,595$7,370,935$12,385,181
49$14,605,205$8,830,019$7,579,010$13,427,167
50$16,054,861$9,222,615$7,792,832$14,566,998
51$17,651,120$9,633,187$8,012,555$15,814,313
52$19,408,895$10,062,574$8,238,337$17,179,721
53$21,344,620$10,511,658$8,470,339$18,674,898
54$23,476,403$10,981,361$8,708,728$20,312,693
55$25,824,200$11,472,651$8,953,673$22,107,253
56$28,409,997$11,986,540$9,205,351$24,074,148
57$31,258,026$12,524,089$9,463,938$26,230,518
58$34,394,985$13,086,410$9,729,621$28,595,234
59$37,850,296$13,674,667$10,002,585$31,189,072
60$41,656,379$14,290,079$10,283,025$34,034,905
61$45,848,962$14,933,925$10,571,139$37,157,920
62$50,467,413$15,607,544$10,867,129$40,585,849
63$55,555,114$16,312,339$11,171,203$44,349,229
64$61,159,872$17,049,779$11,483,574$48,481,690
65$67,334,366$17,821,406$11,804,461$53,020,263
66$74,136,648$18,628,832$12,134,088$58,005,733
67$81,630,690$19,473,748$12,472,683$63,483,013
68$89,886,986$20,357,927$12,820,483$69,501,573
69$98,983,217$21,283,224$13,177,728$76,115,894
70$109,004,988$22,251,585$13,544,665$83,385,985
71$120,046,633$23,265,049$13,921,547$91,377,941
72$132,212,105$24,325,751$14,308,634$100,164,565
73$145,615,956$25,435,930$14,706,191$109,826,048
74$160,384,425$26,597,932$15,114,489$120,450,725
75$176,656,620$27,814,214$15,533,808$132,135,899
76$194,585,838$29,087,353$15,964,434$144,988,755
77$214,341,009$30,420,049$16,406,658$159,127,372
78$236,108,291$31,815,130$16,860,780$174,681,824
79$260,092,828$33,275,563$17,327,107$191,795,404
80$286,520,684$34,804,453$17,805,952$210,625,975
81$315,640,981$36,405,058$18,297,639$231,347,446
82$347,728,246$38,080,791$18,802,495$254,151,412
83$383,085,007$39,835,230$19,320,858$279,248,955
84$422,044,644$41,672,123$19,853,074$306,872,625
85$464,974,541$43,595,400$20,399,495$337,278,630
86$512,279,550$45,609,180$20,960,484$370,749,249
87$564,405,814$47,717,780$21,536,410$407,595,482
88$621,844,981$49,925,725$22,127,653$448,159,980
89$685,138,840$52,237,756$22,734,601$492,820,271
90$754,884,441$54,658,846$23,357,649$541,992,311
91$831,739,729$57,194,205$23,997,206$596,134,404
92$916,429,755$59,849,294$24,653,685$655,751,513
93$1,009,753,519$62,629,838$25,327,513$721,400,019
94$1,112,591,517$65,541,839$26,019,123$793,692,959
95$1,225,914,049$68,591,587$26,728,962$873,305,801
96$1,350,790,383$71,785,676$27,457,483$960,982,811
97$1,488,398,846$75,131,017$28,205,152$1,057,544,060
98$1,640,037,949$78,634,858$28,972,445$1,163,893,155
99$1,807,138,646$82,304,793$29,759,849$1,281,025,751
100$1,991,277,845$86,148,785$30,567,861$1,410,038,940