Can I retire at age 40 with 2,100,000?

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 $2,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$173,416$171,871$170,364$168,893$167,457$166,402
2 years$85,850$84,251$82,701$81,199$79,741$78,677
3 years$56,665$55,059$53,513$52,025$50,591$49,550
4 years$42,075$40,474$38,944$37,481$36,082$35,073
5 years$33,323$31,732$30,222$28,789$27,429$26,455
6 years$27,491$25,912$24,424$23,023$21,704$20,765
7 years$23,327$21,761$20,296$18,928$17,651$16,749
8 years$20,205$18,653$17,213$15,878$14,643$13,778
9 years$17,778$16,241$14,825$13,525$12,332$11,503
10 years$15,837$14,315$12,925$11,659$10,507$9,714
11 years$14,251$12,744$11,379$10,146$9,037$8,279
12 years$12,930$11,438$10,099$8,900$7,831$7,108
13 years$11,813$10,337$9,023$7,857$6,829$6,139
14 years$10,856$9,396$8,107$6,975$5,986$5,330
15 years$10,028$8,583$7,319$6,220$5,271$4,647
16 years$9,304$7,875$6,636$5,570$4,658$4,066
17 years$8,666$7,253$6,039$5,004$4,130$3,568
18 years$8,099$6,702$5,512$4,510$3,672$3,140
19 years$7,592$6,211$5,046$4,075$3,273$2,769
20 years$7,137$5,772$4,631$3,691$2,924$2,447
21 years$6,726$5,376$4,260$3,350$2,616$2,166
22 years$6,352$5,018$3,926$3,045$2,345$1,920
23 years$6,012$4,694$3,625$2,774$2,105$1,704
24 years$5,700$4,398$3,353$2,530$1,892$1,515
25 years$5,414$4,127$3,105$2,310$1,703$1,348
26 years$5,150$3,879$2,880$2,112$1,534$1,200
27 years$4,906$3,650$2,674$1,934$1,383$1,069
28 years$4,680$3,440$2,486$1,772$1,248$953
29 years$4,470$3,245$2,313$1,625$1,127$851
30 years$4,275$3,064$2,155$1,491$1,018$759
31 years$4,092$2,897$2,009$1,369$920$678
32 years$3,921$2,741$1,874$1,258$833$606
33 years$3,761$2,596$1,750$1,157$753$542
34 years$3,610$2,460$1,635$1,065$682$485
35 years$3,469$2,334$1,529$980$618$433
36 years$3,335$2,215$1,430$903$560$388
37 years$3,209$2,104$1,339$832$507$347
38 years$3,090$1,999$1,254$767$460$311
39 years$2,978$1,901$1,174$707$417$278
40 years$2,871$1,809$1,101$652$378$249
41 years$2,770$1,722$1,032$602$343$223
42 years$2,674$1,640$968$555$311$200
43 years$2,582$1,562$909$512$283$179
44 years$2,495$1,489$853$473$257$160
45 years$2,412$1,420$801$437$233$144
46 years$2,333$1,355$752$404$211$129
47 years$2,258$1,293$707$373$192$115
48 years$2,185$1,234$664$345$174$104
49 years$2,116$1,179$624$318$158$93
50 years$2,050$1,126$587$294$144$83

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,100,000, adding $6,352 every year, while hoping to spend $24,209 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: 55/38/7 Blend
39$2,100,000$2,100,000$2,100,000$2,100,000
40$2,320,752$2,209,452$2,176,902$2,444,323
41$2,531,711$2,291,957$2,224,070$2,610,975
42$2,763,376$2,377,693$2,272,007$2,789,094
43$3,017,833$2,466,794$2,320,713$2,982,426
44$3,297,382$2,559,397$2,370,187$3,192,420
45$3,604,555$2,655,647$2,420,428$3,420,668
46$3,942,141$2,755,695$2,471,433$3,668,921
47$4,313,213$2,859,698$2,523,200$3,939,103
48$4,721,157$2,967,819$2,575,723$4,233,332
49$5,169,703$3,080,230$2,628,998$4,553,938
50$5,662,961$3,197,110$2,683,018$4,903,480
51$6,205,459$3,318,644$2,737,775$5,284,778
52$6,802,185$3,445,027$2,793,259$5,700,932
53$7,458,636$3,576,461$2,849,462$6,155,353
54$8,180,868$3,713,159$2,906,369$6,651,795
55$8,975,553$3,855,340$2,963,969$7,194,391
56$9,850,043$4,003,236$3,022,246$7,787,686
57$10,812,439$4,157,086$3,081,183$8,436,686
58$11,871,668$4,317,143$3,140,762$9,146,899
59$13,037,562$4,483,667$3,200,962$9,924,389
60$14,320,960$4,656,933$3,261,761$10,775,831
61$15,733,802$4,837,227$3,323,134$11,708,576
62$17,289,245$5,024,846$3,385,054$12,730,715
63$19,001,787$5,220,103$3,447,493$13,851,157
64$20,887,403$5,423,322$3,510,417$15,079,711
65$22,963,696$5,634,842$3,573,794$16,427,181
66$25,250,062$5,855,019$3,637,586$17,905,462
67$27,767,877$6,084,223$3,701,753$19,527,653
68$30,540,691$6,322,841$3,766,253$21,308,179
69$33,594,458$6,571,276$3,831,038$23,262,930
70$36,957,775$6,829,951$3,896,061$25,409,403
71$40,662,156$7,099,307$3,961,267$27,766,870
72$44,742,327$7,379,804$4,026,600$30,356,558
73$49,236,553$7,671,923$4,092,000$33,201,848
74$54,187,001$7,976,167$4,157,402$36,328,492
75$59,640,137$8,293,061$4,222,736$39,764,859
76$65,647,163$8,623,153$4,287,931$43,542,195
77$72,264,504$8,967,018$4,352,907$47,694,923
78$79,554,336$9,325,254$4,417,581$52,260,960
79$87,585,174$9,698,488$4,481,866$57,282,077
80$96,432,521$10,087,373$4,545,668$62,804,290
81$106,179,578$10,492,594$4,608,887$68,878,294
82$116,918,029$10,914,865$4,671,419$75,559,935
83$128,748,909$11,354,934$4,733,152$82,910,740
84$141,783,553$11,813,581$4,793,968$90,998,494
85$156,144,652$12,291,623$4,853,743$99,897,875
86$171,967,407$12,789,913$4,912,344$109,691,159
87$189,400,807$13,309,344$4,969,632$120,468,995
88$208,609,035$13,850,847$5,025,460$132,331,255
89$229,773,017$14,415,399$5,079,673$145,387,977
90$253,092,129$15,004,018$5,132,106$159,760,396
91$278,786,082$15,617,770$5,182,588$175,582,093
92$307,096,992$16,257,771$5,230,935$193,000,246
93$338,291,670$16,925,186$5,276,955$212,177,018
94$372,664,134$17,621,234$5,320,447$233,291,087
95$410,538,391$18,347,190$5,361,198$256,539,327
96$452,271,492$19,104,387$5,398,982$282,138,660
97$498,256,901$19,894,220$5,433,566$310,328,106
98$548,928,215$20,718,146$5,464,700$341,371,031
99$604,763,249$21,577,692$5,492,124$375,557,627
100$666,288,555$22,474,453$5,515,564$413,207,655