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

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 $2,130,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$175,893$174,327$172,798$171,306$169,849$163,758
2 years$87,076$85,454$83,883$82,359$80,881$74,809
3 years$57,474$55,845$54,278$52,768$51,314$45,454
4 years$42,676$41,052$39,500$38,016$36,598$30,993
5 years$33,799$32,185$30,654$29,200$27,821$22,487
6 years$27,884$26,282$24,773$23,352$22,014$16,955
7 years$23,660$22,071$20,586$19,199$17,903$13,117
8 years$20,493$18,919$17,459$16,105$14,852$10,336
9 years$18,032$16,473$15,037$13,718$12,508$8,255
10 years$16,064$14,520$13,110$11,825$10,657$6,660
11 years$14,455$12,926$11,542$10,291$9,166$5,416
12 years$13,115$11,602$10,243$9,027$7,943$4,432
13 years$11,982$10,485$9,151$7,969$6,926$3,645
14 years$11,011$9,530$8,223$7,074$6,071$3,009
15 years$10,171$8,706$7,424$6,309$5,346$2,492
16 years$9,437$7,988$6,731$5,649$4,725$2,069
17 years$8,789$7,356$6,125$5,076$4,189$1,722
18 years$8,215$6,798$5,591$4,574$3,725$1,436
19 years$7,701$6,300$5,118$4,133$3,320$1,199
20 years$7,239$5,854$4,697$3,743$2,966$1,002
21 years$6,822$5,453$4,321$3,397$2,654$838
22 years$6,443$5,090$3,982$3,089$2,379$702
23 years$6,098$4,761$3,677$2,813$2,135$588
24 years$5,782$4,460$3,400$2,566$1,919$493
25 years$5,491$4,186$3,150$2,343$1,727$414
26 years$5,224$3,934$2,921$2,143$1,556$347
27 years$4,977$3,702$2,712$1,961$1,403$292
28 years$4,747$3,489$2,522$1,797$1,266$245
29 years$4,534$3,291$2,347$1,648$1,143$206
30 years$4,336$3,108$2,186$1,512$1,033$173
31 years$4,150$2,938$2,038$1,389$934$145
32 years$3,977$2,780$1,901$1,276$844$122
33 years$3,815$2,633$1,775$1,174$764$103
34 years$3,662$2,495$1,659$1,080$692$86
35 years$3,518$2,367$1,551$994$627$72
36 years$3,383$2,247$1,451$916$568$61
37 years$3,255$2,134$1,358$844$515$51
38 years$3,135$2,028$1,271$778$467$43
39 years$3,020$1,928$1,191$717$423$36
40 years$2,912$1,835$1,117$661$384$30
41 years$2,809$1,746$1,047$610$348$26
42 years$2,712$1,663$982$563$316$22
43 years$2,619$1,585$922$520$287$18
44 years$2,531$1,510$865$480$260$15
45 years$2,447$1,440$812$443$236$13
46 years$2,366$1,374$763$409$215$11
47 years$2,290$1,311$717$378$195$9
48 years$2,217$1,252$674$350$177$8
49 years$2,147$1,195$633$323$161$6
50 years$2,080$1,142$595$299$146$5

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 $3,130 every year, while hoping to spend $34,979 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: 64/19/17 Blend
39$2,130,000$2,130,000$2,130,000$2,130,000
40$2,350,489$2,237,599$2,204,584$2,490,803
41$2,553,021$2,310,024$2,241,220$2,657,765
42$2,775,039$2,384,825$2,277,911$2,835,799
43$3,018,494$2,462,082$2,314,622$3,029,448
44$3,285,535$2,541,878$2,351,315$3,240,237
45$3,578,526$2,624,297$2,387,951$3,469,845
46$3,900,075$2,709,427$2,424,488$3,720,121
47$4,253,054$2,797,360$2,460,879$3,993,099
48$4,640,624$2,888,189$2,497,077$4,291,021
49$5,066,270$2,982,013$2,533,031$4,616,354
50$5,533,829$3,078,931$2,568,687$4,971,816
51$6,047,529$3,179,048$2,603,988$5,360,400
52$6,612,028$3,282,473$2,638,872$5,785,400
53$7,232,457$3,389,316$2,673,277$6,250,449
54$7,914,469$3,499,694$2,707,133$6,759,542
55$8,664,292$3,613,725$2,740,368$7,317,085
56$9,488,786$3,731,535$2,772,908$7,927,927
57$10,395,513$3,853,250$2,804,670$8,597,413
58$11,392,799$3,979,004$2,835,571$9,331,427
59$12,489,823$4,108,933$2,865,521$10,136,454
60$13,696,695$4,243,181$2,894,425$11,019,636
61$15,024,554$4,381,893$2,922,185$11,988,841
62$16,485,674$4,525,221$2,948,694$13,052,740
63$18,093,581$4,673,325$2,973,843$14,220,882
64$19,863,174$4,826,366$2,997,515$15,503,789
65$21,810,873$4,984,514$3,019,587$16,913,053
66$23,954,770$5,147,943$3,039,931$18,461,446
67$26,314,799$5,316,834$3,058,411$20,163,040
68$28,912,925$5,491,375$3,074,885$22,033,339
69$31,773,352$5,671,761$3,089,201$24,089,426
70$34,922,748$5,858,191$3,101,204$26,350,123
71$38,390,500$6,050,875$3,110,727$28,836,167
72$42,208,991$6,250,028$3,117,596$31,570,411
73$46,413,902$6,455,873$3,121,629$34,578,033
74$51,044,551$6,668,642$3,122,634$37,886,774
75$56,144,263$6,888,573$3,120,411$41,527,205
76$61,760,782$7,115,917$3,114,748$45,533,010
77$67,946,713$7,350,929$3,105,424$49,941,305
78$74,760,029$7,593,876$3,092,207$54,792,988
79$82,264,611$7,845,034$3,074,854$60,133,124
80$90,530,849$8,104,689$3,053,110$66,011,375
81$99,636,315$8,373,137$3,026,708$72,482,459
82$109,666,484$8,650,686$2,995,368$79,606,674
83$120,715,550$8,937,654$2,958,797$87,450,465
84$132,887,307$9,234,370$2,916,688$96,087,048
85$146,296,135$9,541,177$2,868,720$105,597,106
86$161,068,075$9,858,429$2,814,556$116,069,543
87$177,342,019$10,186,492$2,753,844$127,602,329
88$195,271,023$10,525,748$2,686,215$140,303,424
89$215,023,749$10,876,591$2,611,285$154,291,793
90$236,786,058$11,239,431$2,528,650$169,698,530
91$260,762,764$11,614,691$2,437,888$186,668,099
92$287,179,566$12,002,812$2,338,558$205,359,689
93$316,285,181$12,404,249$2,230,199$225,948,728
94$348,353,688$12,819,476$2,112,329$248,628,526
95$383,687,116$13,248,982$1,984,444$273,612,109
96$422,618,297$13,693,276$1,846,017$301,134,226
97$465,514,003$14,152,887$1,696,499$331,453,563
98$512,778,413$14,628,361$1,535,314$364,855,188
99$564,856,926$15,120,265$1,361,861$401,653,240
100$622,240,363$15,629,188$1,175,514$442,193,892