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%14.3%
1 years$173,416$171,871$170,364$168,893$167,457$164,480
2 years$85,850$84,251$82,701$81,199$79,741$76,752
3 years$56,665$55,059$53,513$52,025$50,591$47,683
4 years$42,075$40,474$38,944$37,481$36,082$33,277
5 years$33,323$31,732$30,222$28,789$27,429$24,736
6 years$27,491$25,912$24,424$23,023$21,704$19,125
7 years$23,327$21,761$20,296$18,928$17,651$15,187
8 years$20,205$18,653$17,213$15,878$14,643$12,294
9 years$17,778$16,241$14,825$13,525$12,332$10,096
10 years$15,837$14,315$12,925$11,659$10,507$8,382
11 years$14,251$12,744$11,379$10,146$9,037$7,021
12 years$12,930$11,438$10,099$8,900$7,831$5,921
13 years$11,813$10,337$9,023$7,857$6,829$5,022
14 years$10,856$9,396$8,107$6,975$5,986$4,280
15 years$10,028$8,583$7,319$6,220$5,271$3,661
16 years$9,304$7,875$6,636$5,570$4,658$3,142
17 years$8,666$7,253$6,039$5,004$4,130$2,703
18 years$8,099$6,702$5,512$4,510$3,672$2,332
19 years$7,592$6,211$5,046$4,075$3,273$2,015
20 years$7,137$5,772$4,631$3,691$2,924$1,744
21 years$6,726$5,376$4,260$3,350$2,616$1,512
22 years$6,352$5,018$3,926$3,045$2,345$1,312
23 years$6,012$4,694$3,625$2,774$2,105$1,140
24 years$5,700$4,398$3,353$2,530$1,892$991
25 years$5,414$4,127$3,105$2,310$1,703$863
26 years$5,150$3,879$2,880$2,112$1,534$751
27 years$4,906$3,650$2,674$1,934$1,383$655
28 years$4,680$3,440$2,486$1,772$1,248$571
29 years$4,470$3,245$2,313$1,625$1,127$498
30 years$4,275$3,064$2,155$1,491$1,018$435
31 years$4,092$2,897$2,009$1,369$920$379
32 years$3,921$2,741$1,874$1,258$833$331
33 years$3,761$2,596$1,750$1,157$753$289
34 years$3,610$2,460$1,635$1,065$682$253
35 years$3,469$2,334$1,529$980$618$221
36 years$3,335$2,215$1,430$903$560$193
37 years$3,209$2,104$1,339$832$507$169
38 years$3,090$1,999$1,254$767$460$147
39 years$2,978$1,901$1,174$707$417$129
40 years$2,871$1,809$1,101$652$378$113
41 years$2,770$1,722$1,032$602$343$98
42 years$2,674$1,640$968$555$311$86
43 years$2,582$1,562$909$512$283$75
44 years$2,495$1,489$853$473$257$66
45 years$2,412$1,420$801$437$233$58
46 years$2,333$1,355$752$404$211$50
47 years$2,258$1,293$707$373$192$44
48 years$2,185$1,234$664$345$174$39
49 years$2,116$1,179$624$318$158$34
50 years$2,050$1,126$587$294$144$29

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 $4,394 every year, while hoping to spend $40,663 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: 66/11/23 Blend
39$2,100,000$2,100,000$2,100,000$2,100,000
40$2,318,732$2,207,432$2,174,882$2,457,792
41$2,511,978$2,272,331$2,204,476$2,616,710
42$2,723,572$2,339,048$2,233,698$2,785,361
43$2,955,342$2,407,627$2,262,493$2,968,803
44$3,209,303$2,478,117$2,290,803$3,168,494
45$3,487,673$2,550,565$2,318,565$3,386,037
46$3,792,893$2,625,021$2,345,715$3,623,199
47$4,127,654$2,701,533$2,372,182$3,881,926
48$4,494,920$2,780,153$2,397,895$4,164,361
49$4,897,953$2,860,931$2,422,775$4,472,867
50$5,340,348$2,943,922$2,446,743$4,810,044
51$5,826,067$3,029,177$2,469,712$5,178,759
52$6,359,470$3,116,751$2,491,592$5,582,169
53$6,945,364$3,206,699$2,512,288$6,023,754
54$7,589,041$3,299,078$2,531,700$6,507,347
55$8,296,334$3,393,943$2,549,722$7,037,170
56$9,073,667$3,491,353$2,566,245$7,617,876
57$9,928,118$3,591,366$2,581,151$8,254,593
58$10,867,484$3,694,041$2,594,317$8,952,971
59$11,900,357$3,799,439$2,605,616$9,719,233
60$13,036,200$3,907,619$2,614,912$10,560,239
61$14,285,443$4,018,643$2,622,062$11,483,546
62$15,659,575$4,132,572$2,626,917$12,497,484
63$17,171,254$4,249,471$2,629,322$13,611,229
64$18,834,428$4,369,401$2,629,110$14,834,894
65$20,664,465$4,492,427$2,626,110$16,179,623
66$22,678,297$4,618,612$2,620,141$17,657,695
67$24,894,580$4,748,021$2,611,013$19,282,643
68$27,333,871$4,880,718$2,598,526$21,069,378
69$30,018,822$5,016,769$2,582,472$23,034,332
70$32,974,390$5,156,239$2,562,633$25,195,615
71$36,228,075$5,299,192$2,538,779$27,573,180
72$39,810,181$5,445,695$2,510,671$30,189,018
73$43,754,098$5,595,812$2,478,056$33,067,364
74$48,096,617$5,749,608$2,440,672$36,234,920
75$52,878,280$5,907,147$2,398,243$39,721,118
76$58,143,761$6,068,494$2,350,481$43,558,386
77$63,942,286$6,233,712$2,297,083$47,782,466
78$70,328,098$6,402,862$2,237,734$52,432,740
79$77,360,970$6,576,008$2,172,104$57,552,612
80$85,106,765$6,753,209$2,099,846$63,189,911
81$93,638,064$6,934,525$2,020,599$69,397,347
82$103,034,842$7,120,013$1,933,985$76,233,006
83$113,385,232$7,309,729$1,839,610$83,760,900
84$124,786,348$7,503,728$1,737,059$92,051,572
85$137,345,206$7,702,061$1,625,900$101,182,759
86$151,179,733$7,904,778$1,505,684$111,240,131
87$166,419,879$8,111,925$1,375,938$122,318,098
88$183,208,844$8,323,547$1,236,169$134,520,700
89$201,704,429$8,539,683$1,085,864$147,962,591
90$222,080,524$8,760,372$924,484$162,770,123
91$244,528,752$8,985,644$751,469$179,082,537
92$269,260,274$9,215,530$566,232$197,053,278
93$296,507,782$9,450,052$368,161$216,851,449
94$326,527,700$9,689,228$156,619$238,663,399
95$359,602,598$9,933,073$0$262,694,492
96$396,043,861$10,181,591$0$289,188,008
97$436,194,629$10,434,783$0$318,418,500
98$480,433,036$10,692,643$0$350,622,515
99$529,175,777$10,955,153$0$386,103,121
100$582,882,042$11,222,292$0$425,194,292