Can I retire at age 40 with 6,300,000?

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 $6,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$520,248$515,614$511,093$506,680$502,371$497,539
2 years$257,549$252,752$248,103$243,596$239,224$234,356
3 years$169,994$165,176$160,539$156,074$151,774$147,021
4 years$126,225$121,422$116,831$112,443$108,246$103,646
5 years$99,970$95,196$90,666$86,367$82,287$77,852
6 years$82,473$77,735$73,272$69,068$65,111$60,847
7 years$69,980$65,282$60,889$56,785$52,953$48,861
8 years$60,614$55,958$51,639$47,635$43,929$40,011
9 years$53,333$48,722$44,476$40,575$36,995$33,248
10 years$47,512$42,946$38,776$34,976$31,521$27,943
11 years$42,753$38,232$34,137$30,439$27,110$23,698
12 years$38,789$34,315$30,296$26,700$23,493$20,243
13 years$35,438$31,011$27,068$23,572$20,486$17,396
14 years$32,569$28,188$24,320$20,924$17,958$15,023
15 years$30,084$25,750$21,958$18,661$15,812$13,027
16 years$27,911$23,625$19,908$16,709$13,974$11,336
17 years$25,997$21,758$18,116$15,013$12,391$9,894
18 years$24,297$20,106$16,537$13,529$11,017$8,657
19 years$22,777$18,634$15,139$12,225$9,820$7,591
20 years$21,412$17,315$13,894$11,072$8,771$6,669
21 years$20,178$16,128$12,780$10,049$7,849$5,868
22 years$19,057$15,055$11,778$9,136$7,036$5,171
23 years$18,036$14,081$10,875$8,321$6,316$4,563
24 years$17,101$13,193$10,058$7,589$5,677$4,030
25 years$16,242$12,381$9,316$6,931$5,108$3,563
26 years$15,451$11,636$8,640$6,337$4,601$3,153
27 years$14,719$10,951$8,023$5,801$4,148$2,792
28 years$14,041$10,319$7,458$5,315$3,743$2,473
29 years$13,411$9,735$6,940$4,874$3,380$2,193
30 years$12,824$9,193$6,465$4,473$3,054$1,945
31 years$12,276$8,691$6,027$4,108$2,761$1,726
32 years$11,763$8,223$5,623$3,775$2,498$1,532
33 years$11,282$7,788$5,250$3,472$2,260$1,361
34 years$10,831$7,381$4,906$3,194$2,047$1,209
35 years$10,406$7,001$4,586$2,940$1,854$1,074
36 years$10,006$6,645$4,291$2,708$1,679$955
37 years$9,628$6,311$4,016$2,495$1,522$849
38 years$9,271$5,998$3,761$2,300$1,380$754
39 years$8,933$5,703$3,523$2,121$1,251$671
40 years$8,613$5,426$3,302$1,956$1,135$597
41 years$8,309$5,165$3,097$1,805$1,030$531
42 years$8,021$4,919$2,905$1,665$934$472
43 years$7,746$4,687$2,726$1,537$848$420
44 years$7,485$4,468$2,559$1,419$770$374
45 years$7,236$4,260$2,402$1,311$699$333
46 years$6,999$4,064$2,256$1,211$634$296
47 years$6,773$3,878$2,120$1,119$576$263
48 years$6,556$3,702$1,992$1,034$523$235
49 years$6,349$3,536$1,872$955$475$209
50 years$6,151$3,377$1,760$883$432$186

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $6,300,000, adding $6,549 every year, while hoping to spend $52,835 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: 25/48/27 Blend
39$6,300,000$6,300,000$6,300,000$6,300,000
40$6,949,355$6,615,455$6,517,805$7,063,930
41$7,601,974$6,883,397$6,679,936$7,427,538
42$8,319,388$7,162,696$6,845,727$7,812,185
43$9,108,152$7,453,855$7,015,245$8,223,503
44$9,975,486$7,757,396$7,188,558$8,663,764
45$10,929,345$8,073,868$7,365,734$9,135,455
46$11,978,492$8,403,841$7,546,840$9,641,297
47$13,132,585$8,747,916$7,731,946$10,184,270
48$14,402,262$9,106,717$7,921,120$10,767,642
49$15,799,246$9,480,900$8,114,431$11,394,990
50$17,336,453$9,871,148$8,311,948$12,070,236
51$19,028,114$10,278,177$8,513,741$12,797,681
52$20,889,910$10,702,736$8,719,879$13,582,042
53$22,939,118$11,145,607$8,930,433$14,428,492
54$25,194,776$11,607,610$9,145,470$15,342,708
55$27,677,861$12,089,601$9,365,062$16,330,919
56$30,411,488$12,592,476$9,589,276$17,399,966
57$33,421,124$13,117,172$9,818,181$18,557,354
58$36,734,835$13,664,670$10,051,846$19,811,329
59$40,383,544$14,235,994$10,290,339$21,170,946
60$44,401,326$14,832,219$10,533,727$22,646,153
61$48,825,731$15,454,467$10,782,076$24,247,876
62$53,698,132$16,103,912$11,035,452$25,988,126
63$59,064,121$16,781,784$11,293,919$27,880,099
64$64,973,938$17,489,368$11,557,542$29,938,302
65$71,482,942$18,228,010$11,826,382$32,178,682
66$78,652,137$18,999,117$12,100,501$34,618,771
67$86,548,745$19,804,164$12,379,958$37,277,848
68$95,246,841$20,644,692$12,664,810$40,177,113
69$104,828,052$21,522,314$12,955,114$43,339,883
70$115,382,326$22,438,720$13,250,923$46,791,803
71$127,008,783$23,395,678$13,552,289$50,561,086
72$139,816,649$24,395,036$13,859,260$54,678,770
73$153,926,285$25,438,731$14,171,884$59,179,001
74$169,470,328$26,528,790$14,490,203$64,099,354
75$186,594,934$27,667,334$14,814,258$69,481,175
76$205,461,168$28,856,583$15,144,086$75,369,965
77$226,246,514$30,098,863$15,479,720$81,815,802
78$249,146,557$31,396,606$15,821,189$88,873,803
79$274,376,826$32,752,359$16,168,519$96,604,635
80$302,174,827$34,168,791$16,521,730$105,075,082
81$332,802,290$35,648,691$16,880,838$114,358,659
82$366,547,630$37,194,984$17,245,853$124,536,302
83$403,728,681$38,810,730$17,616,781$135,697,113
84$444,695,683$40,499,133$17,993,621$147,939,201
85$489,834,600$42,263,549$18,376,365$161,370,584
86$539,570,756$44,107,489$18,764,999$176,110,204
87$594,372,850$46,034,632$19,159,503$192,289,036
88$654,757,382$48,048,831$19,559,848$210,051,306
89$721,293,529$50,154,118$19,965,997$229,555,845
90$794,608,517$52,354,718$20,377,906$250,977,567
91$875,393,540$54,655,052$20,795,520$274,509,108
92$964,410,285$57,059,755$21,218,774$300,362,629
93$1,062,498,127$59,573,675$21,647,596$328,771,799
94$1,170,582,046$62,201,895$22,081,900$359,993,986
95$1,289,681,361$64,949,734$22,521,590$394,312,665
96$1,420,919,354$67,822,766$22,966,558$432,040,076
97$1,565,533,874$70,826,827$23,416,683$473,520,152
98$1,724,889,018$73,968,030$23,871,831$519,131,744
99$1,900,488,013$77,252,779$24,331,853$569,292,173
100$2,093,987,406$80,687,781$24,796,585$624,461,150