Can I retire at age 40 with 2,090,000?

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 $2,090,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$172,590$171,053$169,553$168,089$166,660$163,764
2 years$85,441$83,849$82,307$80,812$79,362$76,454
3 years$56,395$54,797$53,258$51,777$50,350$47,521
4 years$41,874$40,281$38,758$37,302$35,910$33,181
5 years$33,165$31,581$30,078$28,652$27,298$24,677
6 years$27,360$25,788$24,308$22,913$21,600$19,090
7 years$23,215$21,657$20,200$18,838$17,567$15,168
8 years$20,108$18,564$17,131$15,803$14,573$12,285
9 years$17,693$16,163$14,755$13,461$12,273$10,095
10 years$15,762$14,247$12,864$11,603$10,457$8,387
11 years$14,183$12,683$11,325$10,098$8,993$7,029
12 years$12,868$11,384$10,051$8,857$7,794$5,932
13 years$11,757$10,288$8,980$7,820$6,796$5,035
14 years$10,804$9,351$8,068$6,942$5,957$4,293
15 years$9,980$8,543$7,284$6,191$5,245$3,675
16 years$9,259$7,838$6,604$5,543$4,636$3,156
17 years$8,624$7,218$6,010$4,980$4,111$2,718
18 years$8,060$6,670$5,486$4,488$3,655$2,346
19 years$7,556$6,182$5,022$4,056$3,258$2,028
20 years$7,103$5,744$4,609$3,673$2,910$1,757
21 years$6,694$5,351$4,240$3,334$2,604$1,524
22 years$6,322$4,995$3,907$3,031$2,334$1,324
23 years$5,983$4,671$3,608$2,760$2,095$1,151
24 years$5,673$4,377$3,337$2,518$1,883$1,002
25 years$5,388$4,107$3,090$2,299$1,695$873
26 years$5,126$3,860$2,866$2,102$1,526$761
27 years$4,883$3,633$2,662$1,924$1,376$663
28 years$4,658$3,423$2,474$1,763$1,242$579
29 years$4,449$3,229$2,302$1,617$1,121$505
30 years$4,254$3,050$2,145$1,484$1,013$441
31 years$4,072$2,883$1,999$1,363$916$385
32 years$3,902$2,728$1,865$1,252$829$337
33 years$3,743$2,584$1,742$1,152$750$294
34 years$3,593$2,449$1,627$1,060$679$257
35 years$3,452$2,322$1,522$975$615$225
36 years$3,319$2,204$1,423$898$557$197
37 years$3,194$2,094$1,332$828$505$172
38 years$3,076$1,990$1,248$763$458$151
39 years$2,964$1,892$1,169$703$415$132
40 years$2,857$1,800$1,096$649$377$115
41 years$2,757$1,714$1,027$599$342$101
42 years$2,661$1,632$964$552$310$88
43 years$2,570$1,555$904$510$281$77
44 years$2,483$1,482$849$471$255$68
45 years$2,401$1,413$797$435$232$59
46 years$2,322$1,348$749$402$210$52
47 years$2,247$1,287$703$371$191$45
48 years$2,175$1,228$661$343$174$40
49 years$2,106$1,173$621$317$158$35
50 years$2,041$1,120$584$293$143$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,090,000, adding $6,215 every year, while hoping to spend $45,090 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: 43/44/13 Blend
39$2,090,000$2,090,000$2,090,000$2,090,000
40$2,309,591$2,198,821$2,166,426$2,399,933
41$2,497,194$2,258,588$2,191,026$2,523,517
42$2,702,421$2,319,772$2,214,938$2,652,324
43$2,927,022$2,382,395$2,238,093$2,790,878
44$3,172,925$2,446,479$2,260,416$2,940,091
45$3,442,251$2,512,045$2,281,828$3,100,969
46$3,737,338$2,579,112$2,302,246$3,274,617
47$4,060,759$2,647,701$2,321,584$3,462,253
48$4,415,349$2,717,830$2,339,749$3,665,215
49$4,804,229$2,789,519$2,356,646$3,884,979
50$5,230,838$2,862,783$2,372,171$4,123,169
51$5,698,963$2,937,639$2,386,219$4,381,573
52$6,212,777$3,014,103$2,398,676$4,662,158
53$6,776,874$3,092,187$2,409,425$4,967,094
54$7,396,316$3,171,905$2,418,342$5,298,769
55$8,076,679$3,253,268$2,425,296$5,659,812
56$8,824,107$3,336,284$2,430,149$6,053,120
57$9,645,366$3,420,962$2,432,759$6,481,884
58$10,547,911$3,507,307$2,432,975$6,949,619
59$11,539,955$3,595,323$2,430,637$7,460,199
60$12,630,547$3,685,010$2,425,579$8,017,887
61$13,829,655$3,776,367$2,417,628$8,627,385
62$15,148,262$3,869,391$2,406,601$9,293,871
63$16,598,468$3,964,075$2,392,305$10,023,049
64$18,193,605$4,060,408$2,374,541$10,821,207
65$19,948,362$4,158,378$2,353,098$11,695,269
66$21,878,924$4,257,967$2,327,755$12,652,868
67$24,003,121$4,359,154$2,298,282$13,702,413
68$26,340,601$4,461,915$2,264,437$14,853,171
69$28,913,013$4,566,219$2,225,966$16,115,352
70$31,744,210$4,672,033$2,182,605$17,500,208
71$34,860,474$4,779,318$2,134,077$19,020,138
72$38,290,765$4,888,027$2,080,091$20,688,806
73$42,066,994$4,998,111$2,020,345$22,521,268
74$46,224,320$5,109,511$1,954,520$24,534,117
75$50,801,489$5,222,165$1,882,284$26,745,639
76$55,841,190$5,336,001$1,803,290$29,175,984
77$61,390,467$5,450,940$1,717,175$31,847,358
78$67,501,154$5,566,896$1,623,561$34,784,233
79$74,230,371$5,683,773$1,522,049$38,013,579
80$81,641,057$5,801,465$1,412,225$41,565,116
81$89,802,567$5,919,860$1,293,657$45,471,598
82$98,791,326$6,038,830$1,165,892$49,769,122
83$108,691,548$6,158,240$1,028,456$54,497,467
84$119,596,034$6,277,942$880,858$59,700,474
85$131,607,043$6,397,774$722,580$65,426,455
86$144,837,259$6,517,563$553,084$71,728,655
87$159,410,856$6,637,120$371,809$78,665,753
88$175,464,666$6,756,241$178,167$86,302,415
89$193,149,472$6,874,708$0$94,709,909
90$212,631,432$6,992,282$0$103,970,727
91$234,093,645$7,108,710$0$114,194,103
92$257,737,878$7,223,718$0$125,450,783
93$283,786,473$7,337,012$0$137,845,987
94$312,484,444$7,448,277$0$151,495,673
95$344,101,788$7,557,173$0$166,527,625
96$378,936,035$7,663,339$0$183,082,663
97$417,315,055$7,766,387$0$201,315,971
98$459,600,153$7,865,902$0$221,398,565
99$506,189,478$7,961,441$0$243,518,908
100$557,521,783$8,052,529$0$267,884,687