Can I retire at age 40 with 2,130,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $2,130,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$175,893$174,327$172,798$171,306$169,849$168,708
2 years$87,076$85,454$83,883$82,359$80,881$79,730
3 years$57,474$55,845$54,278$52,768$51,314$50,189
4 years$42,676$41,052$39,500$38,016$36,598$35,507
5 years$33,799$32,185$30,654$29,200$27,821$26,768
6 years$27,884$26,282$24,773$23,352$22,014$21,000
7 years$23,660$22,071$20,586$19,199$17,903$16,929
8 years$20,493$18,919$17,459$16,105$14,852$13,918
9 years$18,032$16,473$15,037$13,718$12,508$11,613
10 years$16,064$14,520$13,110$11,825$10,657$9,801
11 years$14,455$12,926$11,542$10,291$9,166$8,348
12 years$13,115$11,602$10,243$9,027$7,943$7,163
13 years$11,982$10,485$9,151$7,969$6,926$6,183
14 years$11,011$9,530$8,223$7,074$6,071$5,364
15 years$10,171$8,706$7,424$6,309$5,346$4,673
16 years$9,437$7,988$6,731$5,649$4,725$4,086
17 years$8,789$7,356$6,125$5,076$4,189$3,584
18 years$8,215$6,798$5,591$4,574$3,725$3,151
19 years$7,701$6,300$5,118$4,133$3,320$2,777
20 years$7,239$5,854$4,697$3,743$2,966$2,452
21 years$6,822$5,453$4,321$3,397$2,654$2,169
22 years$6,443$5,090$3,982$3,089$2,379$1,922
23 years$6,098$4,761$3,677$2,813$2,135$1,704
24 years$5,782$4,460$3,400$2,566$1,919$1,514
25 years$5,491$4,186$3,150$2,343$1,727$1,345
26 years$5,224$3,934$2,921$2,143$1,556$1,197
27 years$4,977$3,702$2,712$1,961$1,403$1,066
28 years$4,747$3,489$2,522$1,797$1,266$950
29 years$4,534$3,291$2,347$1,648$1,143$847
30 years$4,336$3,108$2,186$1,512$1,033$755
31 years$4,150$2,938$2,038$1,389$934$674
32 years$3,977$2,780$1,901$1,276$844$602
33 years$3,815$2,633$1,775$1,174$764$538
34 years$3,662$2,495$1,659$1,080$692$480
35 years$3,518$2,367$1,551$994$627$429
36 years$3,383$2,247$1,451$916$568$384
37 years$3,255$2,134$1,358$844$515$343
38 years$3,135$2,028$1,271$778$467$307
39 years$3,020$1,928$1,191$717$423$275
40 years$2,912$1,835$1,117$661$384$246
41 years$2,809$1,746$1,047$610$348$220
42 years$2,712$1,663$982$563$316$197
43 years$2,619$1,585$922$520$287$176
44 years$2,531$1,510$865$480$260$158
45 years$2,447$1,440$812$443$236$141
46 years$2,366$1,374$763$409$215$126
47 years$2,290$1,311$717$378$195$113
48 years$2,217$1,252$674$350$177$101
49 years$2,147$1,195$633$323$161$91
50 years$2,080$1,142$595$299$146$81

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,130,000, adding $6,523 every year, while hoping to spend $35,608 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: 53/41/6 Blend
39$2,130,000$2,130,000$2,130,000$2,130,000
40$2,353,988$2,241,098$2,208,083$2,475,155
41$2,556,209$2,313,026$2,244,168$2,629,835
42$2,777,862$2,387,284$2,280,267$2,793,561
43$3,020,893$2,463,950$2,316,345$2,970,809
44$3,287,443$2,543,102$2,352,362$3,162,864
45$3,579,871$2,624,824$2,388,275$3,371,134
46$3,900,777$2,709,198$2,424,041$3,597,171
47$4,253,020$2,796,314$2,459,611$3,842,682
48$4,639,756$2,886,260$2,494,935$4,109,543
49$5,064,455$2,979,131$2,529,959$4,399,821
50$5,530,944$3,075,023$2,564,628$4,715,787
51$6,043,438$3,174,037$2,598,880$5,059,943
52$6,606,578$3,276,274$2,632,652$5,435,040
53$7,225,480$3,381,843$2,665,877$5,844,108
54$7,905,779$3,490,853$2,698,484$6,290,481
55$8,653,682$3,603,418$2,730,396$6,777,830
56$9,476,028$3,719,657$2,761,536$7,310,194
57$10,380,354$3,839,691$2,791,818$7,892,022
58$11,374,961$3,963,646$2,821,155$8,528,213
59$12,468,996$4,091,654$2,849,452$9,224,158
60$13,672,536$4,223,848$2,876,612$9,985,796
61$14,996,687$4,360,368$2,902,530$10,819,667
62$16,453,681$4,501,359$2,927,097$11,732,970
63$18,057,000$4,646,969$2,950,199$12,733,637
64$19,821,497$4,797,353$2,971,713$13,830,401
65$21,763,536$4,952,670$2,991,512$15,032,882
66$23,901,152$5,113,085$3,009,462$16,351,676
67$26,254,212$5,278,770$3,025,423$17,798,451
68$28,844,612$5,449,900$3,039,245$19,386,062
69$31,696,476$5,626,658$3,050,772$21,128,668
70$34,836,386$5,809,233$3,059,842$23,041,866
71$38,293,633$5,997,821$3,066,283$25,142,838
72$42,100,492$6,192,624$3,069,913$27,450,511
73$46,292,531$6,393,851$3,070,543$29,985,736
74$50,908,937$6,601,718$3,067,974$32,771,481
75$55,992,896$6,816,449$3,061,999$35,833,055
76$61,591,993$7,038,277$3,052,397$39,198,335
77$67,758,665$7,267,440$3,038,941$42,898,036
78$74,550,692$7,504,188$3,021,388$46,966,000
79$82,031,745$7,748,777$2,999,488$51,439,507
80$90,271,989$8,001,472$2,972,976$56,359,637
81$99,348,736$8,262,549$2,941,576$61,771,646
82$109,347,186$8,532,292$2,904,997$67,725,401
83$120,361,221$8,810,997$2,862,936$74,275,842
84$132,494,297$9,098,967$2,815,076$81,483,506
85$145,860,418$9,396,520$2,761,085$89,415,094
86$160,585,213$9,703,981$2,700,613$98,144,100
87$176,807,118$10,021,689$2,633,296$107,751,501
88$194,678,687$10,349,995$2,558,755$118,326,527
89$214,368,029$10,689,260$2,476,589$129,967,494
90$236,060,395$11,039,862$2,386,382$142,782,737
91$259,959,928$11,402,188$2,287,699$156,891,627
92$286,291,587$11,776,641$2,180,083$172,425,700
93$315,303,271$12,163,638$2,063,058$189,529,893
94$347,268,160$12,563,612$1,936,125$208,363,915
95$382,487,292$12,977,009$1,798,765$229,103,752
96$421,292,405$13,404,292$1,650,434$251,943,324
97$464,049,070$13,845,942$1,490,563$277,096,317
98$511,160,137$14,302,454$1,318,558$304,798,199
99$563,069,542$14,774,345$1,133,800$335,308,437
100$620,266,494$15,262,147$935,642$368,912,949