Can I retire at age 40 with 7,600,000?

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 $7,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$627,601$622,011$616,556$611,233$606,035$591,384
2 years$310,694$304,907$299,299$293,862$288,588$273,916
3 years$205,072$199,260$193,666$188,280$183,092$168,857
4 years$152,271$146,477$140,940$135,645$130,583$116,894
5 years$120,599$114,840$109,375$104,189$99,267$86,163
6 years$99,491$93,775$88,391$83,320$78,547$66,041
7 years$84,420$78,753$73,453$68,502$63,879$51,973
8 years$73,122$67,505$62,294$57,465$52,994$41,682
9 years$64,339$58,776$53,654$48,947$44,629$33,902
10 years$57,317$51,808$46,777$42,193$38,026$27,873
11 years$51,575$46,121$41,182$36,721$32,704$23,109
12 years$46,794$41,396$36,548$32,209$28,340$19,289
13 years$42,751$37,410$32,653$28,436$24,713$16,187
14 years$39,289$34,005$29,339$25,242$21,663$13,644
15 years$36,291$31,064$26,489$22,511$19,074$11,542
16 years$33,671$28,501$24,016$20,157$16,858$9,794
17 years$31,361$26,248$21,854$18,110$14,947$8,331
18 years$29,310$24,254$19,950$16,321$13,290$7,102
19 years$27,477$22,479$18,263$14,748$11,846$6,065
20 years$25,830$20,888$16,761$13,357$10,581$5,187
21 years$24,341$19,457$15,417$12,122$9,469$4,442
22 years$22,990$18,162$14,209$11,022$8,488$3,808
23 years$21,758$16,987$13,119$10,038$7,619$3,267
24 years$20,630$15,915$12,133$9,155$6,848$2,806
25 years$19,594$14,936$11,238$8,361$6,162$2,411
26 years$18,639$14,037$10,422$7,645$5,551$2,073
27 years$17,757$13,211$9,678$6,997$5,004$1,783
28 years$16,939$12,448$8,997$6,411$4,516$1,534
29 years$16,179$11,744$8,373$5,879$4,077$1,321
30 years$15,470$11,091$7,799$5,396$3,684$1,138
31 years$14,809$10,484$7,271$4,955$3,331$980
32 years$14,190$9,920$6,784$4,554$3,013$844
33 years$13,610$9,395$6,334$4,188$2,727$728
34 years$13,066$8,904$5,918$3,853$2,469$627
35 years$12,553$8,445$5,533$3,547$2,236$541
36 years$12,071$8,016$5,176$3,267$2,026$466
37 years$11,615$7,613$4,845$3,010$1,836$402
38 years$11,184$7,235$4,537$2,774$1,665$346
39 years$10,777$6,880$4,250$2,558$1,510$299
40 years$10,390$6,546$3,984$2,359$1,369$258
41 years$10,024$6,231$3,736$2,177$1,242$222
42 years$9,676$5,934$3,504$2,009$1,127$192
43 years$9,345$5,654$3,288$1,855$1,023$165
44 years$9,030$5,389$3,087$1,712$929$143
45 years$8,730$5,139$2,898$1,581$843$123
46 years$8,443$4,903$2,722$1,461$765$106
47 years$8,170$4,679$2,557$1,350$695$92
48 years$7,909$4,466$2,403$1,247$631$79
49 years$7,659$4,265$2,259$1,153$573$68
50 years$7,420$4,074$2,124$1,065$521$59

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $7,600,000, adding $2,512 every year, while hoping to spend $53,038 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: 46/24/30 Blend
39$7,600,000$7,600,000$7,600,000$7,600,000
40$8,377,791$7,974,991$7,857,191$8,690,598
41$9,175,894$8,309,334$8,063,975$9,247,516
42$10,053,625$8,658,281$8,275,909$9,846,139
43$11,019,052$9,022,494$8,493,108$10,494,696
44$12,081,061$9,402,662$8,715,693$11,197,903
45$13,249,443$9,799,506$8,943,783$11,960,942
46$14,534,989$10,213,784$9,177,502$12,789,512
47$15,949,584$10,646,286$9,416,974$13,689,877
48$17,506,326$11,097,839$9,662,328$14,668,923
49$19,219,648$11,569,310$9,913,693$15,734,225
50$21,105,450$12,061,604$10,171,200$16,894,112
51$23,181,255$12,575,671$10,434,983$18,157,748
52$25,466,367$13,112,504$10,705,179$19,535,211
53$27,982,061$13,673,140$10,981,927$21,037,590
54$30,751,776$14,258,669$11,265,367$22,677,084
55$33,801,341$14,870,228$11,555,641$24,467,119
56$37,159,219$15,509,010$11,852,895$26,422,466
57$40,856,769$16,176,262$12,157,277$28,559,383
58$44,928,550$16,873,288$12,468,936$30,895,764
59$49,412,640$17,601,458$12,788,024$33,451,304
60$54,351,001$18,362,201$13,114,695$36,247,680
61$59,789,871$19,157,017$13,449,104$39,308,759
62$65,780,200$19,987,473$13,791,411$42,660,811
63$72,378,133$20,855,211$14,141,776$46,332,762
64$79,645,538$21,761,952$14,500,362$50,356,458
65$87,650,591$22,709,496$14,867,332$54,766,961
66$96,468,417$23,699,727$15,242,853$59,602,882
67$106,181,802$24,734,620$15,627,095$64,906,735
68$116,881,971$25,816,242$16,020,228$70,725,338
69$128,669,450$26,946,755$16,422,423$77,110,248
70$141,655,015$28,128,428$16,833,856$84,118,245
71$155,960,739$29,363,633$17,254,703$91,811,861
72$171,721,139$30,654,856$17,685,140$100,259,969
73$189,084,451$32,004,700$18,125,348$109,538,421
74$208,214,025$33,415,890$18,575,507$119,730,768
75$229,289,869$34,891,282$19,035,800$130,929,033
76$252,510,347$36,433,866$19,506,410$143,234,581
77$278,094,049$38,046,773$19,987,522$156,759,068
78$306,281,860$39,733,283$20,479,322$171,625,485
79$337,339,228$41,496,832$20,981,998$187,969,316
80$371,558,671$43,341,018$21,495,736$205,939,810
81$409,262,539$45,269,611$22,020,726$225,701,380
82$450,806,055$47,286,559$22,557,158$247,435,149
83$496,580,669$49,395,997$23,105,220$271,340,651
84$547,017,755$51,602,259$23,665,102$297,637,708
85$602,592,679$53,909,882$24,236,995$326,568,494
86$663,829,286$56,323,620$24,821,089$358,399,815
87$731,304,850$58,848,454$25,417,572$393,425,613
88$805,655,519$61,489,602$26,026,635$431,969,738
89$887,582,319$64,252,530$26,648,464$474,388,989
90$977,857,776$67,142,965$27,283,248$521,076,476
91$1,077,333,204$70,166,905$27,931,173$572,465,315
92$1,186,946,745$73,330,638$28,592,421$629,032,708
93$1,307,732,223$76,640,749$29,267,176$691,304,438
94$1,440,828,901$80,104,137$29,955,619$759,859,814
95$1,587,492,243$83,728,033$30,657,926$835,337,129
96$1,749,105,757$87,520,013$31,374,272$918,439,676
97$1,927,194,063$91,488,012$32,104,829$1,009,942,365
98$2,123,437,281$95,640,348$32,849,764$1,110,699,031
99$2,339,686,895$99,985,736$33,609,241$1,221,650,471
100$2,577,983,227$104,533,306$34,383,420$1,343,833,317