Can I retire at age 40 with 2,140,000?

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 $2,140,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$176,719$175,145$173,609$172,110$170,647$166,860
2 years$87,485$85,855$84,276$82,745$81,260$77,465
3 years$57,744$56,107$54,532$53,016$51,555$47,870
4 years$42,876$41,245$39,686$38,195$36,769$33,222
5 years$33,958$32,337$30,798$29,337$27,951$24,553
6 years$28,015$26,405$24,889$23,461$22,117$18,870
7 years$23,771$22,175$20,683$19,289$17,987$14,892
8 years$20,590$19,008$17,541$16,181$14,922$11,979
9 years$18,116$16,550$15,108$13,783$12,567$9,772
10 years$16,139$14,588$13,171$11,881$10,707$8,059
11 years$14,522$12,987$11,596$10,340$9,209$6,703
12 years$13,176$11,656$10,291$9,069$7,980$5,613
13 years$12,038$10,534$9,194$8,007$6,959$4,726
14 years$11,063$9,575$8,261$7,108$6,100$3,997
15 years$10,219$8,747$7,459$6,339$5,371$3,394
16 years$9,481$8,025$6,762$5,676$4,747$2,890
17 years$8,831$7,391$6,154$5,100$4,209$2,467
18 years$8,253$6,829$5,617$4,596$3,742$2,111
19 years$7,737$6,330$5,142$4,153$3,336$1,809
20 years$7,273$5,882$4,719$3,761$2,979$1,553
21 years$6,854$5,479$4,341$3,413$2,666$1,335
22 years$6,473$5,114$4,001$3,104$2,390$1,149
23 years$6,127$4,783$3,694$2,826$2,145$990
24 years$5,809$4,481$3,416$2,578$1,928$853
25 years$5,517$4,206$3,164$2,354$1,735$736
26 years$5,248$3,953$2,935$2,153$1,563$636
27 years$5,000$3,720$2,725$1,970$1,409$549
28 years$4,770$3,505$2,533$1,805$1,271$474
29 years$4,556$3,307$2,358$1,655$1,148$410
30 years$4,356$3,123$2,196$1,519$1,037$355
31 years$4,170$2,952$2,047$1,395$938$307
32 years$3,996$2,793$1,910$1,282$848$265
33 years$3,832$2,645$1,783$1,179$768$230
34 years$3,679$2,507$1,666$1,085$695$199
35 years$3,535$2,378$1,558$999$630$172
36 years$3,399$2,257$1,457$920$570$149
37 years$3,271$2,144$1,364$848$517$129
38 years$3,149$2,037$1,277$781$469$112
39 years$3,034$1,937$1,197$720$425$97
40 years$2,926$1,843$1,122$664$386$84
41 years$2,823$1,754$1,052$613$350$73
42 years$2,725$1,671$987$566$317$63
43 years$2,631$1,592$926$522$288$54
44 years$2,543$1,518$869$482$261$47
45 years$2,458$1,447$816$445$237$41
46 years$2,377$1,381$766$411$216$35
47 years$2,301$1,317$720$380$196$31
48 years$2,227$1,258$677$351$178$27
49 years$2,157$1,201$636$325$161$23
50 years$2,089$1,147$598$300$147$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,140,000, adding $2,609 every year, while hoping to spend $49,733 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: 42/50/8 Blend
39$2,140,000$2,140,000$2,140,000$2,140,000
40$2,360,971$2,247,551$2,214,381$2,454,489
41$2,548,875$2,304,766$2,235,647$2,577,119
42$2,754,278$2,363,117$2,255,959$2,704,589
43$2,978,912$2,422,608$2,275,232$2,841,476
44$3,224,686$2,483,240$2,293,377$2,988,656
45$3,493,699$2,545,015$2,310,301$3,147,094
46$3,788,265$2,607,929$2,325,904$3,317,852
47$4,110,930$2,671,979$2,340,084$3,502,097
48$4,464,499$2,737,160$2,352,731$3,701,117
49$4,852,061$2,803,465$2,363,731$3,916,327
50$5,277,019$2,870,881$2,372,963$4,149,287
51$5,743,118$2,939,398$2,380,301$4,401,715
52$6,254,487$3,008,999$2,385,611$4,675,501
53$6,815,671$3,079,666$2,388,755$4,972,728
54$7,431,677$3,151,377$2,389,586$5,295,691
55$8,108,021$3,224,108$2,387,951$5,646,916
56$8,850,779$3,297,829$2,383,687$6,029,189
57$9,666,644$3,372,509$2,376,626$6,445,576
58$10,562,990$3,448,110$2,366,591$6,899,455
59$11,547,939$3,524,591$2,353,396$7,394,550
60$12,630,439$3,601,907$2,336,846$7,934,962
61$13,820,350$3,680,006$2,316,736$8,525,212
62$15,128,533$3,758,834$2,292,853$9,170,278
63$16,566,953$3,838,326$2,264,974$9,875,649
64$18,148,794$3,918,416$2,232,862$10,647,371
65$19,888,581$3,999,029$2,196,274$11,492,109
66$21,802,318$4,080,083$2,154,951$12,417,205
67$23,907,637$4,161,489$2,108,624$13,430,752
68$26,223,965$4,243,151$2,057,012$14,541,667
69$28,772,708$4,324,964$1,999,820$15,759,778
70$31,577,450$4,406,813$1,936,739$17,095,918
71$34,664,178$4,488,575$1,867,449$18,562,021
72$38,061,526$4,570,118$1,791,610$20,171,245
73$41,801,045$4,651,296$1,708,872$21,938,086
74$45,917,497$4,731,955$1,618,865$23,878,523
75$50,449,189$4,811,928$1,521,204$26,010,168
76$55,438,329$4,891,036$1,415,487$28,352,427
77$60,931,426$4,969,084$1,301,293$30,926,693
78$66,979,728$5,045,865$1,178,183$33,756,538
79$73,639,705$5,121,158$1,045,698$36,867,947
80$80,973,584$5,194,723$903,357$40,289,555
81$89,049,931$5,266,306$750,661$44,052,923
82$97,944,303$5,335,634$587,087$48,192,836
83$107,739,955$5,402,414$412,088$52,747,629
84$118,528,632$5,466,333$225,095$57,759,555
85$130,411,429$5,527,060$25,512$63,275,181
86$143,499,747$5,584,238$0$69,345,831
87$157,916,344$5,637,488$0$76,044,073
88$173,796,491$5,686,406$0$83,419,610
89$191,289,253$5,730,559$0$91,539,028
90$210,558,890$5,769,490$0$100,478,112
91$231,786,412$5,802,710$0$110,320,386
92$255,171,282$5,829,699$0$121,157,895
93$280,933,302$5,849,904$0$133,092,084
94$309,314,687$5,862,737$0$146,234,749
95$340,582,348$5,867,574$0$160,709,101
96$375,030,414$5,863,752$0$176,650,926
97$412,983,005$5,850,565$0$194,209,871
98$454,797,295$5,827,265$0$213,550,856
99$500,866,878$5,793,060$0$234,855,638
100$551,625,486$5,747,107$0$258,324,522