Can I retire at age 40 with 2,200,000?

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 $2,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$181,674$180,056$178,477$176,936$175,431$171,190
2 years$89,938$88,263$86,639$85,065$83,539$79,291
3 years$59,363$57,681$56,061$54,502$53,000$48,880
4 years$44,078$42,401$40,798$39,266$37,800$33,838
5 years$34,910$33,243$31,661$30,160$28,735$24,942
6 years$28,800$27,146$25,587$24,119$22,737$19,117
7 years$24,437$22,797$21,263$19,830$18,491$15,045
8 years$21,167$19,541$18,033$16,635$15,340$12,066
9 years$18,624$17,014$15,531$14,169$12,919$9,814
10 years$16,592$14,997$13,541$12,214$11,007$8,068
11 years$14,930$13,351$11,921$10,630$9,467$6,690
12 years$13,546$11,983$10,580$9,324$8,204$5,584
13 years$12,375$10,829$9,452$8,231$7,154$4,686
14 years$11,373$9,843$8,493$7,307$6,271$3,950
15 years$10,505$8,992$7,668$6,516$5,521$3,341
16 years$9,747$8,250$6,952$5,835$4,880$2,835
17 years$9,078$7,598$6,326$5,243$4,327$2,412
18 years$8,485$7,021$5,775$4,725$3,847$2,056
19 years$7,954$6,507$5,287$4,269$3,429$1,756
20 years$7,477$6,047$4,852$3,866$3,063$1,502
21 years$7,046$5,632$4,463$3,509$2,741$1,286
22 years$6,655$5,257$4,113$3,191$2,457$1,102
23 years$6,298$4,917$3,798$2,906$2,205$946
24 years$5,972$4,607$3,512$2,650$1,982$812
25 years$5,672$4,323$3,253$2,420$1,784$698
26 years$5,396$4,063$3,017$2,213$1,607$600
27 years$5,140$3,824$2,802$2,026$1,449$516
28 years$4,903$3,603$2,604$1,856$1,307$444
29 years$4,683$3,399$2,424$1,702$1,180$382
30 years$4,478$3,210$2,258$1,562$1,066$329
31 years$4,287$3,035$2,105$1,434$964$284
32 years$4,108$2,872$1,964$1,318$872$244
33 years$3,940$2,719$1,833$1,212$789$211
34 years$3,782$2,577$1,713$1,115$715$182
35 years$3,634$2,445$1,602$1,027$647$156
36 years$3,494$2,320$1,498$946$586$135
37 years$3,362$2,204$1,402$871$532$116
38 years$3,238$2,094$1,313$803$482$100
39 years$3,120$1,992$1,230$740$437$86
40 years$3,008$1,895$1,153$683$396$75
41 years$2,902$1,804$1,081$630$360$64
42 years$2,801$1,718$1,014$582$326$55
43 years$2,705$1,637$952$537$296$48
44 years$2,614$1,560$893$496$269$41
45 years$2,527$1,488$839$458$244$36
46 years$2,444$1,419$788$423$222$31
47 years$2,365$1,354$740$391$201$27
48 years$2,289$1,293$696$361$183$23
49 years$2,217$1,235$654$334$166$20
50 years$2,148$1,179$615$308$151$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,200,000, adding $3,094 every year, while hoping to spend $42,573 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: 47/27/26 Blend
39$2,200,000$2,200,000$2,200,000$2,200,000
40$2,427,591$2,310,991$2,276,891$2,523,489
41$2,629,908$2,378,933$2,307,870$2,659,233
42$2,851,435$2,448,776$2,338,459$2,802,072
43$3,094,085$2,520,570$2,368,602$2,956,287
44$3,359,968$2,594,364$2,398,236$3,122,967
45$3,651,404$2,670,208$2,427,296$3,303,314
46$3,970,952$2,748,152$2,455,715$3,498,646
47$4,321,427$2,828,250$2,483,420$3,710,418
48$4,705,933$2,910,554$2,510,334$3,940,232
49$5,127,884$2,995,118$2,536,377$4,189,850
50$5,591,047$3,081,997$2,561,464$4,461,216
51$6,099,565$3,171,246$2,585,505$4,756,468
52$6,658,007$3,262,923$2,608,405$5,077,963
53$7,271,403$3,357,086$2,630,066$5,428,295
54$7,945,295$3,453,792$2,650,382$5,810,325
55$8,685,788$3,553,101$2,669,243$6,227,201
56$9,499,609$3,655,074$2,686,534$6,682,393
57$10,394,168$3,759,771$2,702,131$7,179,724
58$11,377,629$3,867,255$2,715,908$7,723,406
59$12,458,984$3,977,588$2,727,728$8,318,078
60$13,648,145$4,090,834$2,737,451$8,968,854
61$14,956,027$4,207,056$2,744,928$9,681,365
62$16,394,661$4,326,321$2,750,001$10,461,819
63$17,977,298$4,448,692$2,752,508$11,317,054
64$19,718,541$4,574,237$2,752,276$12,254,606
65$21,634,479$4,703,022$2,749,124$13,282,780
66$23,742,840$4,835,113$2,742,864$14,410,724
67$26,063,155$4,970,579$2,733,295$15,648,521
68$28,616,946$5,109,487$2,720,209$17,007,281
69$31,427,927$5,251,905$2,703,389$18,499,248
70$34,522,228$5,397,900$2,682,605$20,137,914
71$37,928,640$5,547,543$2,657,618$21,938,145
72$41,678,889$5,700,899$2,628,175$23,916,325
73$45,807,931$5,858,039$2,594,014$26,090,509
74$50,354,285$6,019,028$2,554,859$28,480,593
75$55,360,397$6,183,936$2,510,422$31,108,502
76$60,873,037$6,352,828$2,460,400$33,998,399
77$66,943,742$6,525,771$2,404,478$37,176,911
78$73,629,300$6,702,830$2,342,325$40,673,380
79$80,992,290$6,884,070$2,273,594$44,520,146
80$89,101,668$7,069,555$2,197,924$48,752,842
81$98,033,420$7,259,345$2,114,937$53,410,743
82$107,871,277$7,453,501$2,024,236$58,537,126
83$118,707,507$7,652,082$1,925,407$64,179,686
84$130,643,783$7,855,144$1,818,019$70,390,985
85$143,792,145$8,062,742$1,701,618$77,228,946
86$158,276,055$8,274,927$1,575,733$84,757,403
87$174,231,562$8,491,749$1,439,870$93,046,703
88$191,808,589$8,713,252$1,293,513$102,174,372
89$211,172,342$8,939,478$1,136,123$112,225,845
90$232,504,876$9,170,468$967,138$123,295,275
91$256,006,806$9,406,254$785,970$135,486,420
92$281,899,206$9,646,866$592,005$148,913,628
93$310,425,691$9,892,328$384,604$163,702,913
94$341,854,720$10,142,661$163,096$179,993,144
95$376,482,127$10,397,876$0$197,937,365
96$414,633,913$10,657,981$0$217,724,562
97$456,669,325$10,922,976$0$239,569,876
98$502,984,246$11,192,852$0$263,633,052
99$554,014,931$11,467,593$0$290,140,038
100$610,242,124$11,747,175$0$319,339,822