Can I retire at age 40 with 2,110,000?

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 $2,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$174,242$172,690$171,176$169,698$168,254$166,290
2 years$86,258$84,652$83,095$81,585$80,121$78,144
3 years$56,934$55,321$53,768$52,273$50,832$48,903
4 years$42,275$40,667$39,129$37,659$36,254$34,388
5 years$33,482$31,883$30,366$28,926$27,560$25,763
6 years$27,622$26,035$24,540$23,132$21,807$20,081
7 years$23,438$21,864$20,393$19,018$17,735$16,081
8 years$20,301$18,742$17,295$15,954$14,713$13,131
9 years$17,862$16,318$14,896$13,589$12,390$10,879
10 years$15,913$14,383$12,987$11,714$10,557$9,116
11 years$14,319$12,805$11,433$10,195$9,080$7,707
12 years$12,991$11,493$10,147$8,942$7,868$6,563
13 years$11,869$10,386$9,065$7,895$6,861$5,621
14 years$10,908$9,441$8,145$7,008$6,014$4,838
15 years$10,076$8,624$7,354$6,250$5,296$4,182
16 years$9,348$7,913$6,668$5,596$4,680$3,626
17 years$8,707$7,287$6,067$5,028$4,150$3,154
18 years$8,137$6,734$5,539$4,531$3,690$2,750
19 years$7,629$6,241$5,070$4,094$3,289$2,402
20 years$7,171$5,799$4,653$3,708$2,938$2,103
21 years$6,758$5,402$4,280$3,365$2,629$1,844
22 years$6,383$5,042$3,945$3,060$2,356$1,618
23 years$6,041$4,716$3,642$2,787$2,115$1,423
24 years$5,728$4,419$3,369$2,542$1,901$1,252
25 years$5,440$4,147$3,120$2,321$1,711$1,102
26 years$5,175$3,897$2,894$2,122$1,541$971
27 years$4,930$3,668$2,687$1,943$1,389$857
28 years$4,703$3,456$2,498$1,780$1,254$756
29 years$4,492$3,260$2,324$1,632$1,132$668
30 years$4,295$3,079$2,165$1,498$1,023$590
31 years$4,111$2,911$2,019$1,376$925$521
32 years$3,940$2,754$1,883$1,264$837$461
33 years$3,779$2,608$1,758$1,163$757$407
34 years$3,627$2,472$1,643$1,070$685$360
35 years$3,485$2,345$1,536$985$621$319
36 years$3,351$2,225$1,437$907$562$282
37 years$3,225$2,114$1,345$836$510$250
38 years$3,105$2,009$1,260$770$462$221
39 years$2,992$1,910$1,180$710$419$196
40 years$2,885$1,817$1,106$655$380$173
41 years$2,783$1,730$1,037$604$345$154
42 years$2,686$1,647$973$558$313$136
43 years$2,594$1,570$913$515$284$121
44 years$2,507$1,496$857$475$258$107
45 years$2,424$1,427$805$439$234$95
46 years$2,344$1,361$756$406$212$84
47 years$2,268$1,299$710$375$193$74
48 years$2,196$1,240$667$346$175$66
49 years$2,126$1,184$627$320$159$58
50 years$2,060$1,131$590$296$145$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,110,000, adding $6,617 every year, while hoping to spend $42,339 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: 55/15/30 Blend
39$2,110,000$2,110,000$2,110,000$2,110,000
40$2,332,045$2,220,215$2,187,510$2,440,540
41$2,524,866$2,283,958$2,215,744$2,580,004
42$2,735,935$2,349,404$2,243,504$2,726,942
43$2,967,069$2,416,594$2,270,730$2,886,154
44$3,220,269$2,485,566$2,297,358$3,058,839
45$3,497,738$2,556,360$2,323,322$3,246,317
46$3,801,902$2,629,017$2,348,548$3,450,043
47$4,135,435$2,703,577$2,372,963$3,671,620
48$4,501,278$2,780,081$2,396,486$3,912,815
49$4,902,674$2,858,571$2,419,034$4,175,572
50$5,343,194$2,939,089$2,440,519$4,462,036
51$5,826,771$3,021,675$2,460,847$4,774,567
52$6,357,738$3,106,374$2,479,922$5,115,770
53$6,940,868$3,193,226$2,497,640$5,488,511
54$7,581,418$3,282,276$2,513,892$5,895,951
55$8,285,180$3,373,565$2,528,565$6,341,571
56$9,058,536$3,467,137$2,541,540$6,829,209
57$9,908,514$3,563,034$2,552,689$7,363,094
58$10,842,860$3,661,300$2,561,881$7,947,884
59$11,870,104$3,761,976$2,568,977$8,588,715
60$12,999,647$3,865,106$2,573,830$9,291,245
61$14,241,846$3,970,731$2,576,288$10,061,712
62$15,608,111$4,078,893$2,576,190$10,906,988
63$17,111,012$4,189,633$2,573,367$11,834,647
64$18,764,403$4,302,992$2,567,642$12,853,035
65$20,583,543$4,419,010$2,558,829$13,971,351
66$22,585,248$4,537,725$2,546,734$15,199,734
67$24,788,046$4,659,177$2,531,152$16,549,356
68$27,212,352$4,783,401$2,511,870$18,032,529
69$29,880,658$4,910,434$2,488,664$19,662,824
70$32,817,749$5,040,310$2,461,299$21,455,195
71$36,050,936$5,173,061$2,429,529$23,426,124
72$39,610,310$5,308,719$2,393,096$25,593,775
73$43,529,028$5,447,314$2,351,732$27,978,166
74$47,843,628$5,588,871$2,305,153$30,601,358
75$52,594,368$5,733,415$2,253,066$33,487,666
76$57,825,610$5,880,969$2,195,160$36,663,885
77$63,586,237$6,031,551$2,131,113$40,159,547
78$69,930,114$6,185,178$2,060,586$44,007,195
79$76,916,596$6,341,862$1,983,226$48,242,700
80$84,611,088$6,501,613$1,898,663$52,905,588
81$93,085,662$6,664,435$1,806,511$58,039,425
82$102,419,735$6,830,328$1,706,366$63,692,221
83$112,700,824$6,999,290$1,597,804$69,916,888
84$124,025,363$7,171,310$1,480,386$76,771,736
85$136,499,621$7,346,375$1,353,649$84,321,031
86$150,240,698$7,524,463$1,217,113$92,635,595
87$165,377,636$7,705,549$1,070,273$101,793,481
88$182,052,631$7,889,597$912,603$111,880,705
89$200,422,381$8,076,568$743,557$122,992,065
90$220,659,556$8,266,413$562,559$135,232,033
91$242,954,438$8,459,074$369,011$148,715,743
92$267,516,707$8,654,485$162,289$163,570,080
93$294,577,426$8,852,570$0$179,934,877
94$324,391,220$9,053,243$0$197,982,906
95$357,238,679$9,256,406$0$217,921,981
96$393,429,004$9,461,949$0$239,887,488
97$433,302,930$9,669,752$0$264,085,924
98$477,235,937$9,879,679$0$290,744,845
99$525,641,798$10,091,579$0$320,115,014
100$578,976,483$10,305,288$0$352,472,765