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%13.7%
1 years$174,242$172,690$171,176$169,698$168,254$165,672
2 years$86,258$84,652$83,095$81,585$80,121$77,525
3 years$56,934$55,321$53,768$52,273$50,832$48,304
4 years$42,275$40,667$39,129$37,659$36,254$33,813
5 years$33,482$31,883$30,366$28,926$27,560$25,213
6 years$27,622$26,035$24,540$23,132$21,807$19,557
7 years$23,438$21,864$20,393$19,018$17,735$15,583
8 years$20,301$18,742$17,295$15,954$14,713$12,658
9 years$17,862$16,318$14,896$13,589$12,390$10,432
10 years$15,913$14,383$12,987$11,714$10,557$8,693
11 years$14,319$12,805$11,433$10,195$9,080$7,309
12 years$12,991$11,493$10,147$8,942$7,868$6,188
13 years$11,869$10,386$9,065$7,895$6,861$5,269
14 years$10,908$9,441$8,145$7,008$6,014$4,508
15 years$10,076$8,624$7,354$6,250$5,296$3,872
16 years$9,348$7,913$6,668$5,596$4,680$3,337
17 years$8,707$7,287$6,067$5,028$4,150$2,884
18 years$8,137$6,734$5,539$4,531$3,690$2,498
19 years$7,629$6,241$5,070$4,094$3,289$2,168
20 years$7,171$5,799$4,653$3,708$2,938$1,885
21 years$6,758$5,402$4,280$3,365$2,629$1,642
22 years$6,383$5,042$3,945$3,060$2,356$1,432
23 years$6,041$4,716$3,642$2,787$2,115$1,250
24 years$5,728$4,419$3,369$2,542$1,901$1,092
25 years$5,440$4,147$3,120$2,321$1,711$955
26 years$5,175$3,897$2,894$2,122$1,541$835
27 years$4,930$3,668$2,687$1,943$1,389$731
28 years$4,703$3,456$2,498$1,780$1,254$641
29 years$4,492$3,260$2,324$1,632$1,132$562
30 years$4,295$3,079$2,165$1,498$1,023$493
31 years$4,111$2,911$2,019$1,376$925$432
32 years$3,940$2,754$1,883$1,264$837$379
33 years$3,779$2,608$1,758$1,163$757$333
34 years$3,627$2,472$1,643$1,070$685$292
35 years$3,485$2,345$1,536$985$621$257
36 years$3,351$2,225$1,437$907$562$225
37 years$3,225$2,114$1,345$836$510$198
38 years$3,105$2,009$1,260$770$462$174
39 years$2,992$1,910$1,180$710$419$153
40 years$2,885$1,817$1,106$655$380$134
41 years$2,783$1,730$1,037$604$345$118
42 years$2,686$1,647$973$558$313$104
43 years$2,594$1,570$913$515$284$91
44 years$2,507$1,496$857$475$258$80
45 years$2,424$1,427$805$439$234$70
46 years$2,344$1,361$756$406$212$62
47 years$2,268$1,299$710$375$193$54
48 years$2,196$1,240$667$346$175$48
49 years$2,126$1,184$627$320$159$42
50 years$2,060$1,131$590$296$145$37

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 $2,065 every year, while hoping to spend $55,600 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: 81/9/10 Blend
39$2,110,000$2,110,000$2,110,000$2,110,000
40$2,327,350$2,215,520$2,182,815$2,512,008
41$2,505,582$2,264,923$2,196,781$2,682,748
42$2,700,130$2,314,882$2,209,352$2,862,589
43$2,912,599$2,365,368$2,220,422$3,058,328
44$3,144,758$2,416,345$2,229,880$3,271,527
45$3,398,552$2,467,774$2,237,609$3,503,908
46$3,676,123$2,519,614$2,243,488$3,757,366
47$3,979,830$2,571,818$2,247,387$4,033,989
48$4,312,271$2,624,335$2,249,173$4,336,078
49$4,676,306$2,677,110$2,248,703$4,666,166
50$5,075,084$2,730,083$2,245,830$5,027,043
51$5,512,074$2,783,189$2,240,396$5,421,784
52$5,991,095$2,836,355$2,232,239$5,853,774
53$6,516,356$2,889,505$2,221,189$6,326,745
54$7,092,490$2,942,557$2,207,064$6,844,807
55$7,724,600$2,995,418$2,189,677$7,412,487
56$8,418,309$3,047,994$2,168,831$8,034,775
57$9,179,809$3,100,178$2,144,319$8,717,166
58$10,015,921$3,151,858$2,115,926$9,465,718
59$10,934,160$3,202,914$2,083,424$10,287,103
60$11,942,802$3,253,215$2,046,576$11,188,672
61$13,050,966$3,302,621$2,005,135$12,178,527
62$14,268,699$3,350,983$1,958,841$13,265,593
63$15,607,065$3,398,140$1,907,422$14,459,707
64$17,078,259$3,443,922$1,850,593$15,771,706
65$18,695,711$3,488,144$1,788,057$17,213,532
66$20,474,220$3,530,610$1,719,504$18,798,344
67$22,430,092$3,571,111$1,644,609$20,540,643
68$24,581,288$3,609,422$1,563,030$22,456,407
69$26,947,601$3,645,306$1,474,413$24,563,244
70$29,550,838$3,678,507$1,378,387$26,880,556
71$32,415,024$3,708,754$1,274,564$29,429,725
72$35,566,631$3,735,758$1,162,537$32,234,312
73$39,034,829$3,759,212$1,041,883$35,320,280
74$42,851,756$3,778,788$912,161$38,716,241
75$47,052,824$3,794,137$772,907$42,453,723
76$51,677,051$3,804,889$623,638$46,567,473
77$56,767,432$3,810,650$463,852$51,095,778
78$62,371,341$3,811,003$293,022$56,080,831
79$68,540,977$3,805,501$110,598$61,569,130
80$75,333,861$3,793,675$0$67,611,914
81$82,813,373$3,775,023$0$74,274,620
82$91,049,352$3,749,014$0$81,623,681
83$100,118,755$3,715,085$0$89,715,922
84$110,106,382$3,672,638$0$98,626,980
85$121,105,675$3,621,039$0$108,440,206
86$133,219,602$3,559,618$0$119,247,446
87$146,561,625$3,487,664$0$131,149,913
88$161,256,774$3,404,423$0$144,259,137
89$177,442,823$3,309,097$0$158,698,025
90$195,271,592$3,200,844$0$174,602,013
91$214,910,378$3,078,768$0$192,120,350
92$236,543,533$2,941,925$0$211,417,504
93$260,374,208$2,789,314$0$232,674,716
94$286,626,264$2,619,877$0$256,091,708
95$315,546,387$2,432,495$0$281,888,572
96$347,406,416$2,225,984$0$310,307,846
97$382,505,908$1,999,096$0$341,616,801
98$421,174,966$1,750,506$0$376,109,969
99$463,777,351$1,478,820$0$414,111,918
100$510,713,920$1,182,561$0$455,980,323