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%13.1%
1 years$175,893$174,327$172,798$171,306$169,849$167,657
2 years$87,076$85,454$83,883$82,359$80,881$78,675
3 years$57,474$55,845$54,278$52,768$51,314$49,164
4 years$42,676$41,052$39,500$38,016$36,598$34,519
5 years$33,799$32,185$30,654$29,200$27,821$25,821
6 years$27,884$26,282$24,773$23,352$22,014$20,094
7 years$23,660$22,071$20,586$19,199$17,903$16,064
8 years$20,493$18,919$17,459$16,105$14,852$13,094
9 years$18,032$16,473$15,037$13,718$12,508$10,830
10 years$16,064$14,520$13,110$11,825$10,657$9,058
11 years$14,455$12,926$11,542$10,291$9,166$7,644
12 years$13,115$11,602$10,243$9,027$7,943$6,496
13 years$11,982$10,485$9,151$7,969$6,926$5,554
14 years$11,011$9,530$8,223$7,074$6,071$4,771
15 years$10,171$8,706$7,424$6,309$5,346$4,115
16 years$9,437$7,988$6,731$5,649$4,725$3,561
17 years$8,789$7,356$6,125$5,076$4,189$3,090
18 years$8,215$6,798$5,591$4,574$3,725$2,689
19 years$7,701$6,300$5,118$4,133$3,320$2,344
20 years$7,239$5,854$4,697$3,743$2,966$2,047
21 years$6,822$5,453$4,321$3,397$2,654$1,791
22 years$6,443$5,090$3,982$3,089$2,379$1,568
23 years$6,098$4,761$3,677$2,813$2,135$1,375
24 years$5,782$4,460$3,400$2,566$1,919$1,207
25 years$5,491$4,186$3,150$2,343$1,727$1,061
26 years$5,224$3,934$2,921$2,143$1,556$933
27 years$4,977$3,702$2,712$1,961$1,403$821
28 years$4,747$3,489$2,522$1,797$1,266$722
29 years$4,534$3,291$2,347$1,648$1,143$636
30 years$4,336$3,108$2,186$1,512$1,033$561
31 years$4,150$2,938$2,038$1,389$934$494
32 years$3,977$2,780$1,901$1,276$844$436
33 years$3,815$2,633$1,775$1,174$764$385
34 years$3,662$2,495$1,659$1,080$692$339
35 years$3,518$2,367$1,551$994$627$299
36 years$3,383$2,247$1,451$916$568$264
37 years$3,255$2,134$1,358$844$515$233
38 years$3,135$2,028$1,271$778$467$206
39 years$3,020$1,928$1,191$717$423$182
40 years$2,912$1,835$1,117$661$384$161
41 years$2,809$1,746$1,047$610$348$142
42 years$2,712$1,663$982$563$316$126
43 years$2,619$1,585$922$520$287$111
44 years$2,531$1,510$865$480$260$98
45 years$2,447$1,440$812$443$236$87
46 years$2,366$1,374$763$409$215$77
47 years$2,290$1,311$717$378$195$68
48 years$2,217$1,252$674$350$177$60
49 years$2,147$1,195$633$323$161$53
50 years$2,080$1,142$595$299$146$47

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 $3,265 every year, while hoping to spend $50,481 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: 58/16/26 Blend
39$2,130,000$2,130,000$2,130,000$2,130,000
40$2,350,628$2,237,738$2,204,723$2,470,185
41$2,536,680$2,293,676$2,224,870$2,608,226
42$2,740,019$2,350,662$2,244,000$2,753,025
43$2,962,352$2,408,696$2,262,025$2,909,848
44$3,205,563$2,467,774$2,278,854$3,079,873
45$3,471,725$2,527,889$2,294,390$3,264,398
46$3,763,120$2,589,035$2,308,531$3,464,853
47$4,082,262$2,651,201$2,321,170$3,682,816
48$4,431,918$2,714,375$2,332,195$3,920,022
49$4,815,137$2,778,543$2,341,487$4,178,386
50$5,235,276$2,843,686$2,348,922$4,460,018
51$5,696,032$2,909,785$2,354,369$4,767,242
52$6,201,478$2,976,816$2,357,691$5,102,621
53$6,756,100$3,044,751$2,358,745$5,468,979
54$7,364,839$3,113,560$2,357,380$5,869,428
55$8,033,137$3,183,209$2,353,436$6,307,399
56$8,766,990$3,253,659$2,346,749$6,786,674
57$9,573,002$3,324,867$2,337,144$7,311,419
58$10,458,447$3,396,785$2,324,438$7,886,227
59$11,431,342$3,469,361$2,308,440$8,516,162
60$12,500,515$3,542,536$2,288,949$9,206,802
61$13,675,694$3,616,246$2,265,755$9,964,300
62$14,967,595$3,690,423$2,238,638$10,795,433
63$16,388,025$3,764,989$2,207,367$11,707,673
64$17,949,991$3,839,861$2,171,702$12,709,255
65$19,667,826$3,914,949$2,131,389$13,809,258
66$21,557,317$3,990,155$2,086,164$15,017,685
67$23,635,863$4,065,372$2,035,750$16,345,565
68$25,922,632$4,140,486$1,979,858$17,805,051
69$28,438,742$4,215,371$1,918,185$19,409,540
70$31,207,463$4,289,894$1,850,414$21,173,798
71$34,254,435$4,363,909$1,776,213$23,114,100
72$37,607,908$4,437,262$1,695,237$25,248,383
73$41,299,010$4,509,783$1,607,123$27,596,418
74$45,362,040$4,581,293$1,511,492$30,179,995
75$49,834,791$4,651,599$1,407,950$33,023,132
76$54,758,905$4,720,494$1,296,083$36,152,300
77$60,180,270$4,787,755$1,175,458$39,596,675
78$66,149,447$4,853,144$1,045,625$43,388,413
79$72,722,150$4,916,407$906,113$47,562,955
80$79,959,770$4,977,272$756,428$52,159,363
81$87,929,956$5,035,448$596,059$57,220,688
82$96,707,252$5,090,625$424,467$62,794,379
83$106,373,797$5,142,472$241,092$68,932,733
84$117,020,106$5,190,634$45,350$75,693,384
85$128,745,919$5,234,737$0$83,139,858
86$141,661,141$5,274,378$0$91,387,532
87$155,886,885$5,309,130$0$100,484,573
88$171,556,609$5,338,538$0$110,503,610
89$188,817,376$5,362,120$0$121,538,557
90$207,831,244$5,379,360$0$133,692,907
91$228,776,794$5,389,711$0$147,080,710
92$251,850,812$5,392,592$0$161,827,643
93$277,270,152$5,387,386$0$178,072,207
94$305,273,777$5,373,438$0$195,967,025
95$336,125,018$5,350,052$0$215,680,289
96$370,114,054$5,316,489$0$237,397,345
97$407,560,657$5,271,966$0$261,322,445
98$448,817,205$5,215,653$0$287,680,675
99$494,272,010$5,146,670$0$316,720,076
100$544,352,981$5,064,083$0$348,713,996