Can I retire at age 40 with 2,180,000?

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 $2,180,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$180,022$178,419$176,854$175,327$173,836$169,085
2 years$89,120$87,460$85,852$84,292$82,779$78,027
3 years$58,823$57,156$55,552$54,007$52,519$47,915
4 years$43,678$42,016$40,427$38,909$37,457$33,036
5 years$34,593$32,941$31,373$29,886$28,474$24,249
6 years$28,538$26,899$25,354$23,900$22,530$18,505
7 years$24,215$22,590$21,070$19,649$18,323$14,497
8 years$20,974$19,363$17,869$16,483$15,201$11,572
9 years$18,455$16,859$15,390$14,040$12,801$9,367
10 years$16,441$14,861$13,418$12,103$10,907$7,663
11 years$14,794$13,230$11,813$10,533$9,381$6,321
12 years$13,422$11,874$10,483$9,239$8,129$5,248
13 years$12,263$10,731$9,366$8,157$7,089$4,381
14 years$11,270$9,754$8,416$7,240$6,214$3,672
15 years$10,410$8,910$7,598$6,457$5,471$3,089
16 years$9,658$8,175$6,889$5,782$4,836$2,606
17 years$8,996$7,529$6,269$5,195$4,288$2,204
18 years$8,407$6,957$5,722$4,682$3,812$1,868
19 years$7,882$6,448$5,239$4,230$3,398$1,586
20 years$7,409$5,992$4,808$3,831$3,035$1,348
21 years$6,982$5,581$4,422$3,477$2,716$1,147
22 years$6,594$5,210$4,076$3,162$2,435$977
23 years$6,241$4,872$3,763$2,879$2,185$833
24 years$5,918$4,565$3,480$2,626$1,964$711
25 years$5,620$4,284$3,223$2,398$1,768$607
26 years$5,347$4,026$2,990$2,193$1,592$519
27 years$5,093$3,789$2,776$2,007$1,435$443
28 years$4,859$3,571$2,581$1,839$1,295$379
29 years$4,641$3,369$2,402$1,686$1,170$324
30 years$4,438$3,181$2,237$1,548$1,057$277
31 years$4,248$3,007$2,086$1,421$955$237
32 years$4,070$2,846$1,946$1,306$864$203
33 years$3,904$2,695$1,817$1,201$782$174
34 years$3,748$2,554$1,698$1,105$708$149
35 years$3,601$2,422$1,587$1,017$641$127
36 years$3,462$2,299$1,485$937$581$109
37 years$3,332$2,184$1,390$863$527$93
38 years$3,208$2,075$1,301$796$478$80
39 years$3,091$1,973$1,219$734$433$69
40 years$2,980$1,878$1,143$677$393$59
41 years$2,875$1,787$1,072$624$356$50
42 years$2,775$1,702$1,005$576$323$43
43 years$2,681$1,622$943$532$293$37
44 years$2,590$1,546$885$491$266$32
45 years$2,504$1,474$831$454$242$27
46 years$2,422$1,406$781$419$220$23
47 years$2,344$1,342$734$387$199$20
48 years$2,269$1,281$689$358$181$17
49 years$2,197$1,223$648$331$164$15
50 years$2,128$1,169$609$306$149$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,180,000, adding $2,205 every year, while hoping to spend $51,357 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: 28/44/28 Blend
39$2,180,000$2,180,000$2,180,000$2,180,000
40$2,404,634$2,289,094$2,255,304$2,451,033
41$2,595,264$2,346,617$2,276,214$2,545,841
42$2,803,616$2,405,236$2,296,102$2,643,044
43$3,031,445$2,464,952$2,314,881$2,746,446
44$3,280,680$2,525,764$2,332,458$2,856,613
45$3,553,449$2,587,665$2,348,735$2,974,173
46$3,852,091$2,650,651$2,363,608$3,099,814
47$4,179,185$2,714,714$2,376,970$3,234,297
48$4,537,570$2,779,842$2,388,706$3,378,460
49$4,930,370$2,846,023$2,398,696$3,533,227
50$5,361,031$2,913,241$2,406,815$3,699,618
51$5,833,343$2,981,477$2,412,931$3,878,754
52$6,351,485$3,050,710$2,416,904$4,071,877
53$6,920,055$3,120,914$2,418,589$4,280,350
54$7,544,122$3,192,060$2,417,834$4,505,680
55$8,229,268$3,264,117$2,414,477$4,749,529
56$8,981,642$3,337,047$2,408,350$5,013,729
57$9,808,017$3,410,810$2,399,278$5,300,299
58$10,715,856$3,485,360$2,387,074$5,611,467
59$11,713,377$3,560,647$2,371,545$5,949,692
60$12,809,638$3,636,615$2,352,488$6,317,682
61$14,014,614$3,713,202$2,329,689$6,718,426
62$15,339,297$3,790,342$2,302,927$7,155,221
63$16,795,797$3,867,960$2,271,966$7,631,700
64$18,397,454$3,945,975$2,236,562$8,151,874
65$20,158,967$4,024,301$2,196,460$8,720,163
66$22,096,531$4,102,842$2,151,391$9,341,443
67$24,227,990$4,181,493$2,101,075$10,021,090
68$26,573,002$4,260,143$2,045,218$10,765,034
69$29,153,228$4,338,670$1,983,513$11,579,814
70$31,992,536$4,416,944$1,915,639$12,472,641
71$35,117,222$4,494,821$1,841,260$13,451,467
72$38,556,261$4,572,150$1,760,026$14,525,061
73$42,341,581$4,648,767$1,671,567$15,703,092
74$46,508,359$4,724,493$1,575,502$16,996,223
75$51,095,359$4,799,141$1,471,429$18,416,210
76$56,145,292$4,872,505$1,358,928$19,976,018
77$61,705,222$4,944,368$1,237,562$21,689,941
78$67,827,007$5,014,495$1,106,873$23,573,741
79$74,567,792$5,082,635$966,384$25,644,797
80$81,990,544$5,148,521$815,595$27,922,269
81$90,164,647$5,211,866$653,984$30,427,284
82$99,166,557$5,272,363$481,008$33,183,135
83$109,080,522$5,329,686$296,099$36,215,502
84$119,999,380$5,383,485$98,663$39,552,699
85$132,025,430$5,433,389$0$43,225,941
86$145,271,400$5,479,001$0$47,303,114
87$159,861,508$5,519,898$0$51,822,316
88$175,932,639$5,555,630$0$56,796,069
89$193,635,632$5,585,719$0$62,270,693
90$213,136,702$5,609,655$0$68,297,237
91$234,619,013$5,626,896$0$74,931,968
92$258,284,405$5,636,867$0$82,236,898
93$284,355,296$5,638,955$0$90,280,372
94$313,076,783$5,632,510$0$99,137,714
95$344,718,955$5,616,843$0$108,891,944
96$379,579,442$5,591,222$0$119,634,558
97$417,986,221$5,554,868$0$131,466,396
98$460,300,716$5,506,957$0$144,498,596
99$506,921,207$5,446,616$0$158,853,646
100$558,286,588$5,372,917$0$174,666,540