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

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 $2,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$173,416$171,871$170,364$168,893$167,457$160,813
2 years$85,850$84,251$82,701$81,199$79,741$73,130
3 years$56,665$55,059$53,513$52,025$50,591$44,221
4 years$42,075$40,474$38,944$37,481$36,082$30,001
5 years$33,323$31,732$30,222$28,789$27,429$21,653
6 years$27,491$25,912$24,424$23,023$21,704$16,236
7 years$23,327$21,761$20,296$18,928$17,651$12,489
8 years$20,205$18,653$17,213$15,878$14,643$9,783
9 years$17,778$16,241$14,825$13,525$12,332$7,765
10 years$15,837$14,315$12,925$11,659$10,507$6,226
11 years$14,251$12,744$11,379$10,146$9,037$5,030
12 years$12,930$11,438$10,099$8,900$7,831$4,088
13 years$11,813$10,337$9,023$7,857$6,829$3,339
14 years$10,856$9,396$8,107$6,975$5,986$2,737
15 years$10,028$8,583$7,319$6,220$5,271$2,251
16 years$9,304$7,875$6,636$5,570$4,658$1,856
17 years$8,666$7,253$6,039$5,004$4,130$1,533
18 years$8,099$6,702$5,512$4,510$3,672$1,269
19 years$7,592$6,211$5,046$4,075$3,273$1,051
20 years$7,137$5,772$4,631$3,691$2,924$872
21 years$6,726$5,376$4,260$3,350$2,616$724
22 years$6,352$5,018$3,926$3,045$2,345$602
23 years$6,012$4,694$3,625$2,774$2,105$500
24 years$5,700$4,398$3,353$2,530$1,892$416
25 years$5,414$4,127$3,105$2,310$1,703$346
26 years$5,150$3,879$2,880$2,112$1,534$288
27 years$4,906$3,650$2,674$1,934$1,383$240
28 years$4,680$3,440$2,486$1,772$1,248$200
29 years$4,470$3,245$2,313$1,625$1,127$167
30 years$4,275$3,064$2,155$1,491$1,018$139
31 years$4,092$2,897$2,009$1,369$920$116
32 years$3,921$2,741$1,874$1,258$833$96
33 years$3,761$2,596$1,750$1,157$753$80
34 years$3,610$2,460$1,635$1,065$682$67
35 years$3,469$2,334$1,529$980$618$56
36 years$3,335$2,215$1,430$903$560$47
37 years$3,209$2,104$1,339$832$507$39
38 years$3,090$1,999$1,254$767$460$32
39 years$2,978$1,901$1,174$707$417$27
40 years$2,871$1,809$1,101$652$378$23
41 years$2,770$1,722$1,032$602$343$19
42 years$2,674$1,640$968$555$311$16
43 years$2,582$1,562$909$512$283$13
44 years$2,495$1,489$853$473$257$11
45 years$2,412$1,420$801$437$233$9
46 years$2,333$1,355$752$404$211$8
47 years$2,258$1,293$707$373$192$6
48 years$2,185$1,234$664$345$174$5
49 years$2,116$1,179$624$318$158$4
50 years$2,050$1,126$587$294$144$4

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 $5,872 every year, while hoping to spend $53,888 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: 62/15/23 Blend
39$2,100,000$2,100,000$2,100,000$2,100,000
40$2,320,257$2,208,957$2,176,407$2,449,740
41$2,499,587$2,259,859$2,191,980$2,588,940
42$2,695,402$2,311,450$2,206,269$2,734,385
43$2,909,328$2,363,706$2,219,174$2,891,983
44$3,143,152$2,416,600$2,230,589$3,062,928
45$3,398,844$2,470,104$2,240,404$3,248,534
46$3,678,572$2,524,185$2,248,504$3,450,251
47$3,984,723$2,578,807$2,254,765$3,669,674
48$4,319,927$2,633,930$2,259,061$3,908,563
49$4,687,076$2,689,510$2,261,257$4,168,858
50$5,089,361$2,745,499$2,261,212$4,452,695
51$5,530,291$2,801,843$2,258,778$4,762,430
52$6,013,733$2,858,486$2,253,799$5,100,659
53$6,543,945$2,915,364$2,246,113$5,470,243
54$7,125,619$2,972,408$2,235,550$5,874,336
55$7,763,921$3,029,544$2,221,929$6,316,414
56$8,464,541$3,086,692$2,205,064$6,800,307
57$9,233,749$3,143,765$2,184,758$7,330,239
58$10,078,449$3,200,667$2,160,805$7,910,865
59$11,006,249$3,257,298$2,132,990$8,547,313
60$12,025,528$3,313,547$2,101,087$9,245,240
61$13,145,518$3,369,296$2,064,859$10,010,877
62$14,376,388$3,424,419$2,024,059$10,851,095
63$15,729,343$3,478,779$1,978,429$11,773,466
64$17,216,726$3,532,229$1,927,696$12,786,336
65$18,852,136$3,584,613$1,871,578$13,898,906
66$20,650,556$3,635,761$1,809,778$15,121,314
67$22,628,493$3,685,494$1,741,987$16,464,738
68$24,804,135$3,733,619$1,667,878$17,941,497
69$27,197,520$3,779,929$1,587,115$19,565,168
70$29,830,725$3,824,204$1,499,342$21,350,719
71$32,728,078$3,866,209$1,404,189$23,314,646
72$35,916,382$3,905,693$1,301,269$25,475,129
73$39,425,169$3,942,388$1,190,177$27,852,209
74$43,286,979$3,976,008$1,070,492$30,467,974
75$47,537,668$4,006,250$941,770$33,346,769
76$52,216,743$4,032,789$803,552$36,515,427
77$57,367,736$4,055,280$655,357$40,003,523
78$63,038,614$4,073,358$496,680$43,843,652
79$69,282,232$4,086,632$326,998$48,071,741
80$76,156,830$4,094,687$145,763$52,727,388
81$83,726,583$4,097,083$0$57,854,234
82$92,062,206$4,093,351$0$63,512,073
83$101,241,621$4,082,996$0$69,781,160
84$111,350,692$4,065,488$0$76,684,268
85$122,484,034$4,040,269$0$84,285,952
86$134,745,908$4,006,745$0$92,657,353
87$148,251,202$3,964,286$0$101,876,866
88$163,126,513$3,912,225$0$112,030,883
89$179,511,347$3,849,853$0$123,214,606
90$197,559,431$3,776,423$0$135,532,949
91$217,440,164$3,691,139$0$149,101,525
92$239,340,217$3,593,161$0$164,047,743
93$263,465,291$3,481,598$0$180,512,004
94$290,042,063$3,355,508$0$198,649,033
95$319,320,320$3,213,895$0$218,629,337
96$351,575,319$3,055,702$0$240,640,814
97$387,110,384$2,879,814$0$264,890,531
98$426,259,769$2,685,051$0$291,606,676
99$469,391,811$2,470,164$0$321,040,713
100$516,912,408$2,233,834$0$353,469,760