Can I retire at age 40 with 2,010,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $2,010,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$165,984$164,505$163,063$161,655$160,280$156,660
2 years$82,170$80,640$79,157$77,719$76,324$72,696
3 years$54,236$52,699$51,220$49,795$48,423$44,901
4 years$40,272$38,739$37,275$35,875$34,536$31,146
5 years$31,895$30,372$28,927$27,555$26,253$23,006
6 years$26,313$24,801$23,377$22,036$20,773$17,672
7 years$22,327$20,828$19,427$18,117$16,894$13,939
8 years$19,339$17,853$16,475$15,198$14,016$11,205
9 years$17,016$15,545$14,190$12,945$11,803$9,136
10 years$15,159$13,702$12,371$11,159$10,057$7,530
11 years$13,640$12,198$10,891$9,712$8,649$6,259
12 years$12,376$10,948$9,666$8,518$7,495$5,238
13 years$11,307$9,894$8,636$7,520$6,536$4,407
14 years$10,391$8,993$7,759$6,676$5,729$3,725
15 years$9,598$8,216$7,006$5,954$5,045$3,160
16 years$8,905$7,538$6,352$5,331$4,458$2,689
17 years$8,294$6,942$5,780$4,790$3,953$2,294
18 years$7,752$6,415$5,276$4,317$3,515$1,961
19 years$7,267$5,945$4,830$3,900$3,133$1,680
20 years$6,831$5,524$4,433$3,533$2,798$1,441
21 years$6,438$5,146$4,077$3,206$2,504$1,238
22 years$6,080$4,803$3,758$2,915$2,245$1,064
23 years$5,754$4,492$3,470$2,655$2,015$916
24 years$5,456$4,209$3,209$2,421$1,811$789
25 years$5,182$3,950$2,972$2,211$1,630$680
26 years$4,930$3,712$2,756$2,022$1,468$587
27 years$4,696$3,494$2,560$1,851$1,324$506
28 years$4,480$3,292$2,380$1,696$1,194$437
29 years$4,279$3,106$2,214$1,555$1,078$378
30 years$4,091$2,933$2,063$1,427$974$326
31 years$3,917$2,773$1,923$1,311$881$282
32 years$3,753$2,624$1,794$1,204$797$244
33 years$3,600$2,485$1,675$1,108$721$211
34 years$3,456$2,355$1,565$1,019$653$182
35 years$3,320$2,234$1,463$938$591$158
36 years$3,192$2,120$1,369$864$536$136
37 years$3,072$2,013$1,281$796$486$118
38 years$2,958$1,914$1,200$734$440$102
39 years$2,850$1,820$1,124$677$399$88
40 years$2,748$1,731$1,054$624$362$76
41 years$2,651$1,648$988$576$329$66
42 years$2,559$1,569$927$531$298$57
43 years$2,471$1,495$870$490$271$50
44 years$2,388$1,425$816$453$246$43
45 years$2,309$1,359$766$418$223$37
46 years$2,233$1,297$720$386$202$32
47 years$2,161$1,237$676$357$184$28
48 years$2,092$1,181$636$330$167$24
49 years$2,026$1,128$597$305$152$21
50 years$1,962$1,078$562$282$138$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,010,000, adding $6,081 every year, while hoping to spend $53,722 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: 49/26/25 Blend
39$2,010,000$2,010,000$2,010,000$2,010,000
40$2,221,293$2,114,763$2,083,608$2,314,140
41$2,390,705$2,161,226$2,096,249$2,426,067
42$2,575,596$2,208,166$2,107,513$2,541,746
43$2,777,489$2,255,548$2,117,297$2,666,347
44$2,998,060$2,303,337$2,125,493$2,800,739
45$3,239,153$2,351,491$2,131,987$2,945,876
46$3,502,798$2,399,966$2,136,661$3,102,813
47$3,791,234$2,448,714$2,139,389$3,272,712
48$4,106,920$2,497,682$2,140,039$3,456,854
49$4,452,570$2,546,812$2,138,475$3,656,653
50$4,831,168$2,596,042$2,134,550$3,873,665
51$5,246,003$2,645,305$2,128,113$4,109,610
52$5,700,696$2,694,525$2,119,006$4,366,381
53$6,199,236$2,743,625$2,107,060$4,646,067
54$6,746,013$2,792,518$2,092,103$4,950,973
55$7,345,868$2,841,113$2,073,949$5,283,637
56$8,004,128$2,889,309$2,052,408$5,646,861
57$8,726,664$2,937,000$2,027,278$6,043,734
58$9,519,940$2,984,070$1,998,349$6,477,661
59$10,391,081$3,030,396$1,965,401$6,952,398
60$11,347,931$3,075,845$1,928,201$7,472,087
61$12,399,134$3,120,276$1,886,510$8,041,292
62$13,554,212$3,163,536$1,840,075$8,665,050
63$14,823,655$3,205,462$1,788,630$9,348,912
64$16,219,018$3,245,880$1,731,900$10,098,999
65$17,753,034$3,284,604$1,669,594$10,922,062
66$19,439,729$3,321,435$1,601,411$11,825,542
67$21,294,558$3,356,162$1,527,035$12,817,644
68$23,334,546$3,388,557$1,446,134$13,907,417
69$25,578,453$3,418,380$1,358,363$15,104,834
70$28,046,948$3,445,374$1,263,361$16,420,893
71$30,762,804$3,469,264$1,160,751$17,867,719
72$33,751,112$3,489,759$1,050,137$19,458,680
73$37,039,517$3,506,550$931,109$21,208,514
74$40,658,483$3,519,305$803,236$23,133,468
75$44,641,572$3,527,676$666,069$25,251,455
76$49,025,768$3,531,288$519,138$27,582,222
77$53,851,821$3,529,745$361,954$30,147,540
78$59,164,633$3,522,628$194,005$32,971,408
79$65,013,678$3,509,490$14,757$36,080,283
80$71,453,476$3,489,857$0$39,503,330
81$78,544,097$3,463,227$0$43,319,789
82$86,351,736$3,429,067$0$47,525,275
83$94,949,333$3,386,811$0$52,155,078
84$104,417,261$3,335,860$0$57,252,433
85$114,844,085$3,275,581$0$62,864,990
86$126,327,397$3,205,300$0$69,045,260
87$138,974,738$3,124,306$0$75,851,120
88$152,904,609$3,031,844$0$83,346,349
89$168,247,591$2,927,117$0$91,601,241
90$185,147,580$2,809,280$0$100,693,263
91$203,763,137$2,677,439$0$110,707,792
92$224,268,992$2,530,648$0$121,738,918
93$246,857,687$2,367,908$0$133,890,336
94$271,741,397$2,188,162$0$147,276,326
95$299,153,929$1,990,291$0$162,022,833
96$329,352,929$1,773,114$0$178,268,656
97$362,622,313$1,535,382$0$196,166,763
98$399,274,949$1,275,776$0$215,885,734
99$439,655,607$992,902$0$237,611,355
100$484,144,212$685,288$0$261,548,375