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%18.7%
1 years$172,590$171,053$169,553$168,089$166,660$160,810
2 years$85,441$83,849$82,307$80,812$79,362$73,530
3 years$56,395$54,797$53,258$51,777$50,350$44,720
4 years$41,874$40,281$38,758$37,302$35,910$30,523
5 years$33,165$31,581$30,078$28,652$27,298$22,170
6 years$27,360$25,788$24,308$22,913$21,600$16,734
7 years$23,215$21,657$20,200$18,838$17,567$12,961
8 years$20,108$18,564$17,131$15,803$14,573$10,225
9 years$17,693$16,163$14,755$13,461$12,273$8,176
10 years$15,762$14,247$12,864$11,603$10,457$6,605
11 years$14,183$12,683$11,325$10,098$8,993$5,378
12 years$12,868$11,384$10,051$8,857$7,794$4,407
13 years$11,757$10,288$8,980$7,820$6,796$3,629
14 years$10,804$9,351$8,068$6,942$5,957$3,000
15 years$9,980$8,543$7,284$6,191$5,245$2,488
16 years$9,259$7,838$6,604$5,543$4,636$2,069
17 years$8,624$7,218$6,010$4,980$4,111$1,725
18 years$8,060$6,670$5,486$4,488$3,655$1,440
19 years$7,556$6,182$5,022$4,056$3,258$1,204
20 years$7,103$5,744$4,609$3,673$2,910$1,008
21 years$6,694$5,351$4,240$3,334$2,604$845
22 years$6,322$4,995$3,907$3,031$2,334$709
23 years$5,983$4,671$3,608$2,760$2,095$595
24 years$5,673$4,377$3,337$2,518$1,883$499
25 years$5,388$4,107$3,090$2,299$1,695$420
26 years$5,126$3,860$2,866$2,102$1,526$353
27 years$4,883$3,633$2,662$1,924$1,376$297
28 years$4,658$3,423$2,474$1,763$1,242$250
29 years$4,449$3,229$2,302$1,617$1,121$210
30 years$4,254$3,050$2,145$1,484$1,013$177
31 years$4,072$2,883$1,999$1,363$916$149
32 years$3,902$2,728$1,865$1,252$829$125
33 years$3,743$2,584$1,742$1,152$750$105
34 years$3,593$2,449$1,627$1,060$679$89
35 years$3,452$2,322$1,522$975$615$75
36 years$3,319$2,204$1,423$898$557$63
37 years$3,194$2,094$1,332$828$505$53
38 years$3,076$1,990$1,248$763$458$45
39 years$2,964$1,892$1,169$703$415$38
40 years$2,857$1,800$1,096$649$377$32
41 years$2,757$1,714$1,027$599$342$27
42 years$2,661$1,632$964$552$310$22
43 years$2,570$1,555$904$510$281$19
44 years$2,483$1,482$849$471$255$16
45 years$2,401$1,413$797$435$232$13
46 years$2,322$1,348$749$402$210$11
47 years$2,247$1,287$703$371$191$10
48 years$2,175$1,228$661$343$174$8
49 years$2,106$1,173$621$317$158$7
50 years$2,041$1,120$584$293$143$6

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 $2,261 every year, while hoping to spend $23,338 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: 49/24/27 Blend
39$2,090,000$2,090,000$2,090,000$2,090,000
40$2,305,512$2,194,742$2,162,347$2,400,706
41$2,515,843$2,277,453$2,209,954$2,550,311
42$2,746,845$2,363,435$2,258,374$2,710,261
43$3,000,603$2,452,823$2,307,609$2,883,585
44$3,279,412$2,545,758$2,357,661$3,071,560
45$3,585,801$2,642,389$2,408,532$3,275,587
46$3,922,556$2,742,869$2,460,221$3,497,211
47$4,292,746$2,847,360$2,512,728$3,738,130
48$4,699,754$2,956,028$2,566,053$4,000,211
49$5,147,305$3,069,050$2,620,191$4,285,510
50$5,639,504$3,186,607$2,675,141$4,596,288
51$6,180,872$3,308,890$2,730,898$4,935,034
52$6,776,394$3,436,098$2,787,456$5,304,487
53$7,431,559$3,568,440$2,844,808$5,707,663
54$8,152,416$3,706,131$2,902,947$6,147,880
55$8,945,629$3,849,398$2,961,863$6,628,792
56$9,818,543$3,998,479$3,021,545$7,154,420
57$10,779,249$4,153,618$3,081,981$7,729,192
58$11,836,662$4,315,075$3,143,156$8,357,984
59$13,000,605$4,483,118$3,205,056$9,046,163
60$14,281,904$4,658,027$3,267,663$9,799,641
61$15,692,485$4,840,098$3,330,957$10,624,926
62$17,245,492$5,029,635$3,394,916$11,529,187
63$18,955,404$5,226,960$3,459,519$12,520,317
64$20,838,180$5,432,406$3,524,737$13,607,011
65$22,911,403$5,646,323$3,590,545$14,798,841
66$25,194,449$5,869,074$3,656,910$16,106,356
67$27,708,666$6,101,043$3,723,800$17,541,169
68$30,477,582$6,342,626$3,791,179$19,116,075
69$33,527,120$6,594,239$3,859,008$20,845,166
70$36,885,847$6,856,317$3,927,246$22,743,965
71$40,585,241$7,129,315$3,995,847$24,829,573
72$44,659,990$7,413,706$4,064,762$27,120,825
73$49,148,318$7,709,986$4,133,940$29,638,472
74$54,092,345$8,018,674$4,203,326$32,405,374
75$59,538,486$8,340,311$4,272,859$35,446,714
76$65,537,888$8,675,463$4,342,477$38,790,234
77$72,146,914$9,024,722$4,412,110$42,466,500
78$79,427,671$9,388,705$4,481,688$46,509,184
79$87,448,601$9,768,059$4,551,132$50,955,384
80$96,285,124$10,163,459$4,620,361$55,845,974
81$106,020,350$10,575,613$4,689,287$61,225,984
82$116,745,865$11,005,257$4,757,817$67,145,030
83$128,562,593$11,453,164$4,825,854$73,657,774
84$141,581,750$11,920,142$4,893,292$80,824,447
85$155,925,892$12,407,033$4,960,021$88,711,407
86$171,730,076$12,914,720$5,025,924$97,391,772
87$189,143,128$13,444,125$5,090,877$106,946,103
88$208,329,053$13,996,214$5,154,748$117,463,167
89$229,468,583$14,571,995$5,217,398$129,040,769
90$252,760,879$15,172,523$5,278,682$141,786,678
91$278,425,414$15,798,902$5,338,443$155,819,639
92$306,704,043$16,452,285$5,396,518$171,270,496
93$337,863,289$17,133,880$5,452,734$188,283,420
94$372,196,854$17,844,950$5,506,910$207,017,273
95$410,028,395$18,586,814$5,558,854$227,647,101
96$451,714,578$19,360,855$5,608,362$250,365,789
97$497,648,446$20,168,517$5,655,223$275,385,877
98$548,263,125$21,011,313$5,699,211$302,941,564
99$604,035,921$21,890,824$5,740,091$333,290,915
100$665,492,814$22,808,704$5,777,614$366,718,299