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

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 $2,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$177,545$175,964$174,421$172,915$171,444$164,707
2 years$87,894$86,257$84,670$83,132$81,640$74,935
3 years$58,014$56,370$54,787$53,263$51,796$45,334
4 years$43,077$41,438$39,871$38,373$36,941$30,771
5 years$34,117$32,488$30,942$29,474$28,082$22,220
6 years$28,145$26,529$25,005$23,571$22,220$16,671
7 years$23,882$22,279$20,780$19,379$18,071$12,831
8 years$20,686$19,097$17,623$16,257$14,992$10,057
9 years$18,201$16,627$15,178$13,847$12,625$7,987
10 years$16,215$14,656$13,233$11,936$10,757$6,408
11 years$14,590$13,048$11,650$10,388$9,252$5,181
12 years$13,238$11,711$10,339$9,112$8,017$4,214
13 years$12,094$10,583$9,237$8,044$6,991$3,444
14 years$11,115$9,620$8,300$7,141$6,128$2,825
15 years$10,267$8,788$7,494$6,368$5,396$2,325
16 years$9,525$8,063$6,794$5,702$4,769$1,918
17 years$8,872$7,425$6,182$5,123$4,229$1,586
18 years$8,292$6,861$5,644$4,617$3,760$1,313
19 years$7,773$6,359$5,166$4,172$3,351$1,089
20 years$7,307$5,909$4,742$3,779$2,993$904
21 years$6,886$5,504$4,361$3,429$2,679$751
22 years$6,504$5,138$4,020$3,118$2,401$625
23 years$6,155$4,805$3,711$2,840$2,155$520
24 years$5,836$4,502$3,432$2,590$1,937$433
25 years$5,543$4,225$3,179$2,365$1,743$360
26 years$5,273$3,971$2,948$2,163$1,570$300
27 years$5,023$3,737$2,738$1,980$1,416$250
28 years$4,792$3,522$2,545$1,814$1,277$209
29 years$4,577$3,322$2,369$1,663$1,153$174
30 years$4,376$3,137$2,206$1,526$1,042$145
31 years$4,189$2,966$2,057$1,402$942$121
32 years$4,014$2,806$1,919$1,288$852$101
33 years$3,850$2,658$1,792$1,185$771$84
34 years$3,696$2,519$1,674$1,090$698$70
35 years$3,551$2,389$1,565$1,003$633$59
36 years$3,415$2,268$1,464$924$573$49
37 years$3,286$2,154$1,370$852$519$41
38 years$3,164$2,047$1,283$785$471$34
39 years$3,049$1,946$1,202$724$427$28
40 years$2,939$1,852$1,127$667$387$24
41 years$2,836$1,763$1,057$616$351$20
42 years$2,737$1,679$991$568$319$17
43 years$2,644$1,599$930$525$289$14
44 years$2,555$1,525$873$484$263$12
45 years$2,470$1,454$820$447$238$10
46 years$2,389$1,387$770$413$217$8
47 years$2,311$1,324$723$382$197$7
48 years$2,237$1,264$680$353$179$6
49 years$2,167$1,207$639$326$162$5
50 years$2,099$1,153$601$301$147$4

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 $4,211 every year, while hoping to spend $40,153 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: 51/35/14 Blend
39$2,150,000$2,150,000$2,150,000$2,150,000
40$2,373,644$2,259,694$2,226,369$2,485,494
41$2,573,033$2,327,696$2,258,230$2,630,608
42$2,791,414$2,397,685$2,289,812$2,783,708
43$3,030,682$2,469,715$2,321,064$2,949,252
44$3,292,923$2,543,843$2,351,932$3,128,425
45$3,580,436$2,620,126$2,382,356$3,322,531
46$3,895,752$2,698,623$2,412,276$3,533,007
47$4,241,658$2,779,396$2,441,627$3,761,432
48$4,621,226$2,862,505$2,470,341$4,009,544
49$5,037,838$2,948,014$2,498,344$4,279,258
50$5,495,219$3,035,989$2,525,560$4,572,681
51$5,997,474$3,126,495$2,551,909$4,892,132
52$6,549,125$3,219,601$2,577,306$5,240,165
53$7,155,150$3,315,377$2,601,661$5,619,591
54$7,821,038$3,413,893$2,624,879$6,033,507
55$8,552,832$3,515,222$2,646,861$6,485,322
56$9,357,192$3,619,439$2,667,501$6,978,791
57$10,241,453$3,726,619$2,686,691$7,518,050
58$11,213,699$3,836,841$2,704,312$8,107,652
59$12,282,834$3,950,184$2,720,244$8,752,615
60$13,458,669$4,066,728$2,734,358$9,458,463
61$14,752,012$4,186,557$2,746,519$10,231,282
62$16,174,775$4,309,756$2,756,584$11,077,776
63$17,740,078$4,436,410$2,764,406$12,005,332
64$19,462,380$4,566,608$2,769,827$13,022,083
65$21,357,610$4,700,439$2,772,683$14,136,992
66$23,443,320$4,837,995$2,772,803$15,359,933
67$25,738,851$4,979,369$2,770,004$16,701,784
68$28,265,512$5,124,656$2,764,097$18,174,528
69$31,046,783$5,273,953$2,754,883$19,791,369
70$34,108,537$5,427,358$2,742,154$21,566,853
71$37,479,281$5,584,973$2,725,690$23,517,009
72$41,190,430$5,746,898$2,705,262$25,659,496
73$45,276,595$5,913,238$2,680,630$28,013,771
74$49,775,919$6,084,098$2,651,542$30,601,271
75$54,730,429$6,259,585$2,617,735$33,445,620
76$60,186,436$6,439,807$2,578,932$36,572,845
77$66,194,971$6,624,876$2,534,845$40,011,625
78$72,812,266$6,814,904$2,485,171$43,793,562
79$80,100,286$7,010,003$2,429,593$47,953,477
80$88,127,311$7,210,289$2,367,779$52,529,740
81$96,968,581$7,415,877$2,299,385$57,564,629
82$106,707,008$7,626,887$2,224,046$63,104,735
83$117,433,955$7,843,436$2,141,383$69,201,394
84$129,250,099$8,065,646$2,051,001$75,911,176
85$142,266,384$8,293,637$1,952,484$83,296,418
86$156,605,062$8,527,532$1,845,399$91,425,811
87$172,400,851$8,767,454$1,729,293$100,375,050
88$189,802,207$9,013,528$1,603,693$110,227,547
89$208,972,719$9,265,878$1,468,104$121,075,217
90$230,092,661$9,524,630$1,322,009$133,019,350
91$253,360,685$9,789,910$1,164,869$146,171,560
92$278,995,702$10,061,844$996,120$160,654,845
93$307,238,947$10,340,557$815,173$176,604,745
94$338,356,252$10,626,176$621,414$194,170,622
95$372,640,558$10,918,827$414,200$213,517,067
96$410,414,680$11,218,635$192,861$234,825,458
97$452,034,354$11,525,725$0$258,295,672
98$497,891,591$11,840,219$0$284,154,442
99$548,418,384$12,162,239$0$312,669,181
100$604,090,777$12,491,907$0$344,078,642