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%11.8%
1 years$175,893$174,327$172,798$171,306$169,849$168,567
2 years$87,076$85,454$83,883$82,359$80,881$79,588
3 years$57,474$55,845$54,278$52,768$51,314$50,051
4 years$42,676$41,052$39,500$38,016$36,598$35,374
5 years$33,799$32,185$30,654$29,200$27,821$26,640
6 years$27,884$26,282$24,773$23,352$22,014$20,877
7 years$23,660$22,071$20,586$19,199$17,903$16,811
8 years$20,493$18,919$17,459$16,105$14,852$13,805
9 years$18,032$16,473$15,037$13,718$12,508$11,505
10 years$16,064$14,520$13,110$11,825$10,657$9,699
11 years$14,455$12,926$11,542$10,291$9,166$8,251
12 years$13,115$11,602$10,243$9,027$7,943$7,070
13 years$11,982$10,485$9,151$7,969$6,926$6,095
14 years$11,011$9,530$8,223$7,074$6,071$5,281
15 years$10,171$8,706$7,424$6,309$5,346$4,595
16 years$9,437$7,988$6,731$5,649$4,725$4,012
17 years$8,789$7,356$6,125$5,076$4,189$3,514
18 years$8,215$6,798$5,591$4,574$3,725$3,086
19 years$7,701$6,300$5,118$4,133$3,320$2,715
20 years$7,239$5,854$4,697$3,743$2,966$2,394
21 years$6,822$5,453$4,321$3,397$2,654$2,115
22 years$6,443$5,090$3,982$3,089$2,379$1,871
23 years$6,098$4,761$3,677$2,813$2,135$1,657
24 years$5,782$4,460$3,400$2,566$1,919$1,469
25 years$5,491$4,186$3,150$2,343$1,727$1,304
26 years$5,224$3,934$2,921$2,143$1,556$1,158
27 years$4,977$3,702$2,712$1,961$1,403$1,030
28 years$4,747$3,489$2,522$1,797$1,266$916
29 years$4,534$3,291$2,347$1,648$1,143$815
30 years$4,336$3,108$2,186$1,512$1,033$726
31 years$4,150$2,938$2,038$1,389$934$647
32 years$3,977$2,780$1,901$1,276$844$577
33 years$3,815$2,633$1,775$1,174$764$514
34 years$3,662$2,495$1,659$1,080$692$459
35 years$3,518$2,367$1,551$994$627$409
36 years$3,383$2,247$1,451$916$568$365
37 years$3,255$2,134$1,358$844$515$326
38 years$3,135$2,028$1,271$778$467$291
39 years$3,020$1,928$1,191$717$423$260
40 years$2,912$1,835$1,117$661$384$232
41 years$2,809$1,746$1,047$610$348$208
42 years$2,712$1,663$982$563$316$185
43 years$2,619$1,585$922$520$287$166
44 years$2,531$1,510$865$480$260$148
45 years$2,447$1,440$812$443$236$132
46 years$2,366$1,374$763$409$215$118
47 years$2,290$1,311$717$378$195$106
48 years$2,217$1,252$674$350$177$95
49 years$2,147$1,195$633$323$161$84
50 years$2,080$1,142$595$299$146$76

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 $4,235 every year, while hoping to spend $34,115 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: 65/22/13 Blend
39$2,130,000$2,130,000$2,130,000$2,130,000
40$2,351,628$2,238,738$2,205,723$2,497,122
41$2,555,196$2,312,138$2,243,317$2,668,239
42$2,778,385$2,387,992$2,281,027$2,850,774
43$3,023,159$2,466,382$2,318,820$3,049,371
44$3,291,684$2,547,398$2,356,663$3,265,595
45$3,586,344$2,631,128$2,394,519$3,501,172
46$3,909,764$2,717,666$2,432,349$3,757,997
47$4,264,838$2,807,110$2,470,111$4,038,160
48$4,654,752$2,899,559$2,507,760$4,343,962
49$5,083,017$2,995,118$2,545,250$4,677,934
50$5,553,500$3,093,894$2,582,531$5,042,864
51$6,070,460$3,195,998$2,619,549$5,441,823
52$6,638,591$3,301,546$2,656,248$5,878,191
53$7,263,063$3,410,658$2,692,568$6,355,692
54$7,949,573$3,523,457$2,728,446$6,878,426
55$8,704,395$3,640,072$2,763,815$7,450,909
56$9,534,444$3,760,636$2,798,604$8,078,115
57$10,447,337$3,885,287$2,832,737$8,765,522
58$11,451,468$4,014,169$2,866,136$9,519,164
59$12,556,082$4,147,428$2,898,716$10,345,688
60$13,771,369$4,285,218$2,930,390$11,252,416
61$15,108,554$4,427,699$2,961,063$12,247,412
62$16,580,006$4,575,036$2,990,638$13,339,562
63$18,199,353$4,727,399$3,019,011$14,538,653
64$19,981,612$4,884,966$3,046,072$15,855,468
65$21,943,327$5,047,920$3,071,706$17,301,886
66$24,102,730$5,216,452$3,095,792$18,890,992
67$26,479,910$5,390,760$3,118,203$20,637,206
68$29,097,001$5,571,047$3,138,803$22,556,411
69$31,978,394$5,757,527$3,157,451$24,666,109
70$35,150,964$5,950,420$3,174,000$26,985,582
71$38,644,326$6,149,954$3,188,292$29,536,075
72$42,491,111$6,356,366$3,200,164$32,340,994
73$46,727,278$6,569,902$3,209,444$35,426,131
74$51,392,450$6,790,816$3,215,949$38,819,901
75$56,530,287$7,019,373$3,219,491$42,553,615
76$62,188,901$7,255,847$3,219,869$46,661,772
77$68,421,309$7,500,523$3,216,874$51,182,385
78$75,285,930$7,753,697$3,210,287$56,157,340
79$82,847,140$8,015,673$3,199,877$61,632,789
80$91,175,878$8,286,771$3,185,402$67,659,586
81$100,350,315$8,567,320$3,166,611$74,293,767
82$110,456,591$8,857,663$3,143,236$81,597,079
83$121,589,630$9,158,154$3,115,001$89,637,561
84$133,854,032$9,469,164$3,081,613$98,490,183
85$147,365,064$9,791,074$3,042,768$108,237,560
86$162,249,746$10,124,282$2,998,146$118,970,725
87$178,648,049$10,469,201$2,947,413$130,789,990
88$196,714,217$10,826,258$2,890,218$143,805,891
89$216,618,222$11,195,900$2,826,196$158,140,234
90$238,547,369$11,578,588$2,754,962$173,927,241
91$262,708,063$11,974,801$2,676,116$191,314,817
92$289,327,757$12,385,038$2,589,237$210,465,944
93$318,657,100$12,809,816$2,493,888$231,560,224
94$350,972,299$13,249,672$2,389,608$254,795,568
95$386,577,732$13,705,165$2,275,918$280,390,066
96$425,808,816$14,176,873$2,152,317$308,584,043
97$469,035,176$14,665,401$2,018,281$339,642,331
98$516,664,131$15,171,373$1,873,260$373,856,764
99$569,144,542$15,695,439$1,716,684$411,548,935
100$626,971,046$16,238,276$1,547,953$453,073,229