Can I retire at age 40 with 2,150,000?

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 $2,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$177,545$175,964$174,421$172,915$171,444$168,120
2 years$87,894$86,257$84,670$83,132$81,640$78,305
3 years$58,014$56,370$54,787$53,263$51,796$48,553
4 years$43,077$41,438$39,871$38,373$36,941$33,816
5 years$34,117$32,488$30,942$29,474$28,082$25,083
6 years$28,145$26,529$25,005$23,571$22,220$19,351
7 years$23,882$22,279$20,780$19,379$18,071$15,333
8 years$20,686$19,097$17,623$16,257$14,992$12,383
9 years$18,201$16,627$15,178$13,847$12,625$10,145
10 years$16,215$14,656$13,233$11,936$10,757$8,402
11 years$14,590$13,048$11,650$10,388$9,252$7,020
12 years$13,238$11,711$10,339$9,112$8,017$5,905
13 years$12,094$10,583$9,237$8,044$6,991$4,995
14 years$11,115$9,620$8,300$7,141$6,128$4,245
15 years$10,267$8,788$7,494$6,368$5,396$3,621
16 years$9,525$8,063$6,794$5,702$4,769$3,099
17 years$8,872$7,425$6,182$5,123$4,229$2,659
18 years$8,292$6,861$5,644$4,617$3,760$2,287
19 years$7,773$6,359$5,166$4,172$3,351$1,970
20 years$7,307$5,909$4,742$3,779$2,993$1,700
21 years$6,886$5,504$4,361$3,429$2,679$1,470
22 years$6,504$5,138$4,020$3,118$2,401$1,272
23 years$6,155$4,805$3,711$2,840$2,155$1,101
24 years$5,836$4,502$3,432$2,590$1,937$955
25 years$5,543$4,225$3,179$2,365$1,743$828
26 years$5,273$3,971$2,948$2,163$1,570$719
27 years$5,023$3,737$2,738$1,980$1,416$625
28 years$4,792$3,522$2,545$1,814$1,277$543
29 years$4,577$3,322$2,369$1,663$1,153$472
30 years$4,376$3,137$2,206$1,526$1,042$410
31 years$4,189$2,966$2,057$1,402$942$357
32 years$4,014$2,806$1,919$1,288$852$311
33 years$3,850$2,658$1,792$1,185$771$270
34 years$3,696$2,519$1,674$1,090$698$235
35 years$3,551$2,389$1,565$1,003$633$205
36 years$3,415$2,268$1,464$924$573$179
37 years$3,286$2,154$1,370$852$519$156
38 years$3,164$2,047$1,283$785$471$135
39 years$3,049$1,946$1,202$724$427$118
40 years$2,939$1,852$1,127$667$387$103
41 years$2,836$1,763$1,057$616$351$90
42 years$2,737$1,679$991$568$319$78
43 years$2,644$1,599$930$525$289$68
44 years$2,555$1,525$873$484$263$59
45 years$2,470$1,454$820$447$238$52
46 years$2,389$1,387$770$413$217$45
47 years$2,311$1,324$723$382$197$39
48 years$2,237$1,264$680$353$179$34
49 years$2,167$1,207$639$326$162$30
50 years$2,099$1,153$601$301$147$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,150,000, adding $5,920 every year, while hoping to spend $21,029 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: 52/43/5 Blend
39$2,150,000$2,150,000$2,150,000$2,150,000
40$2,375,406$2,261,456$2,228,131$2,495,954
41$2,595,323$2,349,893$2,280,399$2,666,726
42$2,836,967$2,441,958$2,333,713$2,849,533
43$3,102,531$2,537,808$2,388,086$3,047,812
44$3,394,433$2,637,604$2,443,530$3,263,020
45$3,715,335$2,741,517$2,500,059$3,496,762
46$4,068,171$2,849,723$2,557,683$3,750,798
47$4,456,174$2,962,409$2,616,414$4,027,065
48$4,882,904$3,079,767$2,676,265$4,327,692
49$5,352,284$3,202,000$2,737,244$4,655,019
50$5,868,638$3,329,319$2,799,363$5,011,619
51$6,436,729$3,461,946$2,862,631$5,400,322
52$7,061,804$3,600,109$2,927,057$5,824,238
53$7,749,645$3,744,052$2,992,651$6,286,791
54$8,506,623$3,894,025$3,059,419$6,791,746
55$9,339,758$4,050,292$3,127,369$7,343,245
56$10,256,785$4,213,128$3,196,508$7,945,843
57$11,266,227$4,382,820$3,266,840$8,604,556
58$12,377,474$4,559,670$3,338,371$9,324,901
59$13,600,874$4,743,991$3,411,104$10,112,949
60$14,947,829$4,936,113$3,485,042$10,975,383
61$16,430,903$5,136,378$3,560,186$11,919,556
62$18,063,940$5,345,145$3,636,538$12,953,565
63$19,862,194$5,562,790$3,714,095$14,086,320
64$21,842,477$5,789,706$3,792,855$15,327,632
65$24,023,310$6,026,301$3,872,816$16,688,298
66$26,425,104$6,273,007$3,953,972$18,180,210
67$29,070,351$6,530,270$4,036,316$19,816,457
68$31,983,834$6,798,561$4,119,841$21,611,454
69$35,192,865$7,078,370$4,204,535$23,581,070
70$38,727,536$7,370,210$4,290,386$25,742,782
71$42,621,012$7,674,617$4,377,381$28,115,835
72$46,909,836$7,992,154$4,465,504$30,721,423
73$51,634,276$8,323,406$4,554,735$33,582,885
74$56,838,707$8,668,988$4,645,054$36,725,925
75$62,572,029$9,029,543$4,736,437$40,178,854
76$68,888,127$9,405,741$4,828,859$43,972,852
77$75,846,380$9,798,287$4,922,290$48,142,261
78$83,512,222$10,207,914$5,016,698$52,724,908
79$91,957,760$10,635,393$5,112,048$57,762,457
80$101,262,452$11,081,528$5,208,302$63,300,803
81$111,513,861$11,547,161$5,305,419$69,390,501
82$122,808,476$12,033,173$5,403,352$76,087,238
83$135,252,628$12,540,486$5,502,052$83,452,360
84$148,963,491$13,070,065$5,601,465$91,553,443
85$164,070,187$13,622,918$5,701,535$100,464,934
86$180,715,008$14,200,103$5,802,198$110,268,844
87$199,054,755$14,802,724$5,903,387$121,055,521
88$219,262,220$15,431,938$6,005,031$132,924,502
89$241,527,820$16,088,956$6,107,053$145,985,443
90$266,061,387$16,775,044$6,209,369$160,359,156
91$293,094,157$17,491,530$6,311,891$176,178,742
92$322,880,946$18,239,800$6,414,524$193,590,841
93$355,702,560$19,021,308$6,517,168$212,757,017
94$391,868,443$19,837,574$6,619,715$233,855,275
95$431,719,599$20,690,190$6,722,051$257,081,736
96$475,631,811$21,580,822$6,824,052$282,652,483
97$524,019,189$22,511,215$6,925,591$310,805,599
98$577,338,076$23,483,194$7,026,528$341,803,405
99$636,091,361$24,498,672$7,126,718$375,934,929
100$700,833,222$25,559,650$7,226,006$413,518,634