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%14.1%
1 years$174,242$172,690$171,176$169,698$168,254$165,399
2 years$86,258$84,652$83,095$81,585$80,121$77,253
3 years$56,934$55,321$53,768$52,273$50,832$48,041
4 years$42,275$40,667$39,129$37,659$36,254$33,561
5 years$33,482$31,883$30,366$28,926$27,560$24,973
6 years$27,622$26,035$24,540$23,132$21,807$19,329
7 years$23,438$21,864$20,393$19,018$17,735$15,366
8 years$20,301$18,742$17,295$15,954$14,713$12,454
9 years$17,862$16,318$14,896$13,589$12,390$10,239
10 years$15,913$14,383$12,987$11,714$10,557$8,512
11 years$14,319$12,805$11,433$10,195$9,080$7,138
12 years$12,991$11,493$10,147$8,942$7,868$6,028
13 years$11,869$10,386$9,065$7,895$6,861$5,120
14 years$10,908$9,441$8,145$7,008$6,014$4,368
15 years$10,076$8,624$7,354$6,250$5,296$3,742
16 years$9,348$7,913$6,668$5,596$4,680$3,216
17 years$8,707$7,287$6,067$5,028$4,150$2,771
18 years$8,137$6,734$5,539$4,531$3,690$2,394
19 years$7,629$6,241$5,070$4,094$3,289$2,071
20 years$7,171$5,799$4,653$3,708$2,938$1,796
21 years$6,758$5,402$4,280$3,365$2,629$1,559
22 years$6,383$5,042$3,945$3,060$2,356$1,355
23 years$6,041$4,716$3,642$2,787$2,115$1,179
24 years$5,728$4,419$3,369$2,542$1,901$1,027
25 years$5,440$4,147$3,120$2,321$1,711$895
26 years$5,175$3,897$2,894$2,122$1,541$781
27 years$4,930$3,668$2,687$1,943$1,389$682
28 years$4,703$3,456$2,498$1,780$1,254$595
29 years$4,492$3,260$2,324$1,632$1,132$520
30 years$4,295$3,079$2,165$1,498$1,023$455
31 years$4,111$2,911$2,019$1,376$925$397
32 years$3,940$2,754$1,883$1,264$837$348
33 years$3,779$2,608$1,758$1,163$757$304
34 years$3,627$2,472$1,643$1,070$685$266
35 years$3,485$2,345$1,536$985$621$233
36 years$3,351$2,225$1,437$907$562$204
37 years$3,225$2,114$1,345$836$510$178
38 years$3,105$2,009$1,260$770$462$156
39 years$2,992$1,910$1,180$710$419$137
40 years$2,885$1,817$1,106$655$380$120
41 years$2,783$1,730$1,037$604$345$105
42 years$2,686$1,647$973$558$313$92
43 years$2,594$1,570$913$515$284$81
44 years$2,507$1,496$857$475$258$71
45 years$2,424$1,427$805$439$234$62
46 years$2,344$1,361$756$406$212$54
47 years$2,268$1,299$710$375$193$47
48 years$2,196$1,240$667$346$175$42
49 years$2,126$1,184$627$320$159$36
50 years$2,060$1,131$590$296$145$32

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 $4,893 every year, while hoping to spend $53,458 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: 54/18/28 Blend
39$2,110,000$2,110,000$2,110,000$2,110,000
40$2,330,267$2,218,437$2,185,732$2,437,718
41$2,511,075$2,270,262$2,202,075$2,564,366
42$2,708,535$2,322,834$2,217,174$2,696,298
43$2,924,286$2,376,134$2,230,931$2,838,868
44$3,160,139$2,430,140$2,243,242$2,993,118
45$3,418,081$2,484,825$2,253,999$3,160,197
46$3,700,306$2,540,162$2,263,088$3,341,371
47$4,009,225$2,596,118$2,270,390$3,538,035
48$4,347,496$2,652,657$2,275,778$3,751,726
49$4,718,044$2,709,741$2,279,120$3,984,141
50$5,124,092$2,767,326$2,280,278$4,237,148
51$5,569,189$2,825,364$2,279,106$4,512,810
52$6,057,242$2,883,803$2,275,452$4,813,396
53$6,592,556$2,942,585$2,269,156$5,141,413
54$7,179,873$3,001,647$2,260,049$5,499,621
55$7,824,415$3,060,923$2,247,955$5,891,064
56$8,531,934$3,120,337$2,232,690$6,319,098
57$9,308,767$3,179,810$2,214,061$6,787,424
58$10,161,894$3,239,253$2,191,865$7,300,120
59$11,099,005$3,298,574$2,165,890$7,861,682
60$12,128,570$3,357,671$2,135,914$8,477,069
61$13,259,921$3,416,433$2,101,704$9,151,746
62$14,503,337$3,474,743$2,063,016$9,891,737
63$15,870,146$3,532,474$2,019,595$10,703,685
64$17,372,825$3,589,489$1,971,175$11,594,913
65$19,025,120$3,645,641$1,917,477$12,573,492
66$20,842,178$3,700,773$1,858,208$13,648,322
67$22,840,686$3,754,717$1,793,064$14,829,213
68$25,039,028$3,807,290$1,721,724$16,126,979
69$27,457,462$3,858,300$1,643,854$17,553,542
70$30,118,307$3,907,540$1,559,107$19,122,044
71$33,046,153$3,954,789$1,467,116$20,846,971
72$36,268,097$3,999,810$1,367,501$22,744,292
73$39,813,993$4,042,351$1,259,862$24,831,611
74$43,716,737$4,082,142$1,143,784$27,128,333
75$48,012,574$4,118,898$1,018,831$29,655,847
76$52,741,444$4,152,311$884,549$32,437,730
77$57,947,354$4,182,057$740,464$35,499,973
78$63,678,795$4,207,788$586,080$38,871,223
79$69,989,198$4,229,136$420,880$42,583,056
80$76,937,440$4,245,707$244,323$46,670,279
81$84,588,396$4,257,085$55,846$51,171,258
82$93,013,556$4,262,825$0$56,128,278
83$102,291,692$4,262,457$0$61,631,359
84$112,509,606$4,255,479$0$67,709,093
85$123,762,949$4,241,360$0$74,401,598
86$136,157,120$4,219,537$0$81,771,484
87$149,808,262$4,189,410$0$89,887,754
88$164,844,359$4,150,345$0$98,826,446
89$181,406,441$4,101,669$0$108,671,355
90$199,649,915$4,042,669$0$119,514,826
91$219,746,035$3,972,588$0$131,458,623
92$241,883,512$3,890,626$0$144,614,891
93$266,270,297$3,795,934$0$159,107,216
94$293,135,547$3,687,614$0$175,071,794
95$322,731,781$3,564,716$0$192,658,712
96$355,337,268$3,426,232$0$212,033,370
97$391,258,651$3,271,099$0$233,378,042
98$430,833,839$3,098,188$0$256,893,597
99$474,435,201$2,906,310$0$282,801,397
100$522,473,075$2,694,203$0$311,345,386