Can I retire at age 40 with 2,190,000?

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 $2,190,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$180,848$179,237$177,666$176,132$174,634$167,904
2 years$89,529$87,861$86,245$84,679$83,159$76,459
3 years$59,093$57,418$55,807$54,254$52,759$46,300
4 years$43,878$42,209$40,613$39,087$37,628$31,459
5 years$34,751$33,092$31,517$30,023$28,605$22,741
6 years$28,669$27,022$25,471$24,009$22,634$17,080
7 years$24,326$22,693$21,166$19,739$18,407$13,162
8 years$21,071$19,452$17,951$16,559$15,271$10,328
9 years$18,540$16,937$15,461$14,105$12,860$8,213
10 years$16,516$14,929$13,479$12,158$10,957$6,597
11 years$14,862$13,290$11,867$10,581$9,424$5,341
12 years$13,484$11,929$10,531$9,281$8,166$4,350
13 years$12,319$10,780$9,409$8,194$7,121$3,560
14 years$11,321$9,799$8,454$7,274$6,242$2,925
15 years$10,458$8,951$7,633$6,487$5,496$2,410
16 years$9,703$8,213$6,920$5,808$4,858$1,991
17 years$9,037$7,564$6,297$5,219$4,307$1,649
18 years$8,446$6,989$5,749$4,703$3,830$1,367
19 years$7,918$6,477$5,263$4,250$3,414$1,135
20 years$7,443$6,019$4,830$3,849$3,049$944
21 years$7,014$5,607$4,442$3,493$2,729$786
22 years$6,625$5,234$4,094$3,176$2,446$654
23 years$6,270$4,895$3,780$2,892$2,195$545
24 years$5,945$4,586$3,496$2,638$1,973$455
25 years$5,646$4,304$3,238$2,409$1,776$379
26 years$5,371$4,045$3,003$2,203$1,599$317
27 years$5,117$3,807$2,789$2,016$1,442$264
28 years$4,881$3,587$2,593$1,847$1,301$221
29 years$4,662$3,384$2,413$1,694$1,175$184
30 years$4,458$3,196$2,247$1,555$1,062$154
31 years$4,267$3,021$2,095$1,428$960$129
32 years$4,089$2,859$1,955$1,312$868$107
33 years$3,922$2,707$1,825$1,207$786$90
34 years$3,765$2,566$1,705$1,110$711$75
35 years$3,617$2,434$1,594$1,022$644$63
36 years$3,478$2,310$1,491$941$584$52
37 years$3,347$2,194$1,396$867$529$44
38 years$3,223$2,085$1,307$799$480$37
39 years$3,105$1,983$1,225$737$435$31
40 years$2,994$1,886$1,148$680$395$26
41 years$2,888$1,795$1,076$627$358$21
42 years$2,788$1,710$1,010$579$325$18
43 years$2,693$1,629$948$534$295$15
44 years$2,602$1,553$889$493$268$13
45 years$2,516$1,481$835$456$243$10
46 years$2,433$1,413$784$421$221$9
47 years$2,354$1,348$737$389$200$7
48 years$2,279$1,287$692$359$182$6
49 years$2,207$1,229$651$332$165$5
50 years$2,138$1,174$612$307$150$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,190,000, adding $3,758 every year, while hoping to spend $45,090 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: 53/39/8 Blend
39$2,190,000$2,190,000$2,190,000$2,190,000
40$2,417,256$2,301,186$2,267,241$2,540,423
41$2,615,841$2,365,969$2,295,219$2,689,157
42$2,833,170$2,432,415$2,322,622$2,845,655
43$3,071,108$2,500,558$2,349,384$3,014,834
44$3,331,708$2,570,432$2,375,435$3,197,901
45$3,617,230$2,642,071$2,400,700$3,396,186
46$3,930,165$2,715,510$2,425,101$3,611,151
47$4,273,254$2,790,782$2,448,554$3,844,403
48$4,649,518$2,867,923$2,470,973$4,097,715
49$5,062,283$2,946,965$2,492,265$4,373,034
50$5,515,214$3,027,944$2,512,334$4,672,509
51$6,012,346$3,110,893$2,531,077$4,998,500
52$6,558,124$3,195,846$2,548,387$5,353,610
53$7,157,446$3,282,836$2,564,152$5,740,703
54$7,815,707$3,371,896$2,578,252$6,162,934
55$8,538,848$3,463,059$2,590,562$6,623,777
56$9,333,417$3,556,355$2,600,952$7,127,057
57$10,206,626$3,651,816$2,609,284$7,676,989
58$11,166,419$3,749,473$2,615,413$8,278,213
59$12,221,552$3,849,355$2,619,187$8,935,843
60$13,381,666$3,951,489$2,620,446$9,655,508
61$14,657,388$4,055,904$2,619,023$10,443,412
62$16,060,424$4,162,626$2,614,742$11,306,389
63$17,603,670$4,271,678$2,607,420$12,251,967
64$19,301,338$4,383,084$2,596,862$13,288,438
65$21,169,085$4,496,864$2,582,866$14,424,939
66$23,224,160$4,613,039$2,565,221$15,671,537
67$25,485,571$4,731,625$2,543,702$17,039,321
68$27,974,261$4,852,637$2,518,079$18,540,511
69$30,713,307$4,976,087$2,488,105$20,188,569
70$33,728,133$5,101,984$2,453,526$21,998,329
71$37,046,757$5,230,336$2,414,074$23,986,134
72$40,700,049$5,361,145$2,369,468$26,169,994
73$44,722,025$5,494,412$2,319,415$28,569,751
74$49,150,165$5,630,131$2,263,609$31,207,270
75$54,025,769$5,768,295$2,201,728$34,106,642
76$59,394,347$5,908,891$2,133,435$37,294,416
77$65,306,046$6,051,902$2,058,381$40,799,844
78$71,816,122$6,197,305$1,976,196$44,655,160
79$78,985,466$6,345,072$1,886,497$48,895,884
80$86,881,171$6,495,168$1,788,883$53,561,158
81$95,577,173$6,647,554$1,682,933$58,694,111
82$105,154,941$6,802,181$1,568,208$64,342,273
83$115,704,253$6,958,996$1,444,251$70,558,018
84$127,324,035$7,117,934$1,310,581$77,399,061
85$140,123,299$7,278,926$1,166,699$84,929,002
86$154,222,174$7,441,892$1,012,081$93,217,926
87$169,753,032$7,606,741$846,182$102,343,067
88$186,861,744$7,773,374$668,432$112,389,533
89$205,709,052$7,941,679$478,235$123,451,115
90$226,472,089$8,111,536$274,969$135,631,166
91$249,346,049$8,282,807$57,987$149,043,584
92$274,546,027$8,455,346$0$163,813,881
93$302,309,054$8,628,990$0$180,095,188
94$332,896,328$8,803,561$0$198,031,359
95$366,595,684$8,978,866$0$217,785,470
96$403,724,309$9,154,696$0$239,542,693
97$444,631,733$9,330,820$0$263,507,081
98$489,703,131$9,506,992$0$289,903,497
99$539,362,960$9,682,944$0$318,979,740
100$594,078,960$9,858,386$0$351,008,880