Can I retire at age 40 with 2,210,000?

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 $2,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$182,500$180,874$179,288$177,740$176,229$171,829
2 years$90,346$88,664$87,033$85,452$83,918$79,514
3 years$59,633$57,943$56,316$54,750$53,241$48,969
4 years$44,279$42,594$40,984$39,444$37,972$33,866
5 years$35,069$33,394$31,805$30,297$28,866$24,936
6 years$28,931$27,269$25,703$24,229$22,841$19,092
7 years$24,548$22,900$21,359$19,920$18,575$15,008
8 years$21,263$19,630$18,115$16,710$15,410$12,022
9 years$18,709$17,091$15,602$14,233$12,978$9,767
10 years$16,667$15,065$13,602$12,269$11,058$8,020
11 years$14,997$13,412$11,975$10,678$9,510$6,641
12 years$13,607$12,038$10,628$9,366$8,241$5,535
13 years$12,432$10,878$9,495$8,269$7,186$4,639
14 years$11,425$9,888$8,531$7,340$6,300$3,905
15 years$10,553$9,033$7,703$6,546$5,547$3,299
16 years$9,791$8,288$6,984$5,861$4,902$2,795
17 years$9,119$7,633$6,355$5,266$4,347$2,374
18 years$8,523$7,053$5,801$4,746$3,865$2,021
19 years$7,990$6,537$5,311$4,288$3,445$1,723
20 years$7,511$6,074$4,874$3,884$3,077$1,472
21 years$7,078$5,658$4,483$3,525$2,753$1,258
22 years$6,685$5,281$4,132$3,205$2,468$1,077
23 years$6,327$4,940$3,815$2,919$2,216$923
24 years$5,999$4,628$3,528$2,662$1,991$791
25 years$5,698$4,343$3,268$2,431$1,792$679
26 years$5,420$4,082$3,031$2,223$1,614$583
27 years$5,163$3,842$2,814$2,035$1,455$500
28 years$4,926$3,620$2,616$1,864$1,313$430
29 years$4,705$3,415$2,435$1,710$1,186$369
30 years$4,499$3,225$2,268$1,569$1,071$318
31 years$4,306$3,049$2,114$1,441$969$273
32 years$4,126$2,885$1,973$1,324$876$235
33 years$3,958$2,732$1,842$1,218$793$202
34 years$3,799$2,589$1,721$1,120$718$174
35 years$3,650$2,456$1,609$1,031$650$150
36 years$3,510$2,331$1,505$950$589$129
37 years$3,377$2,214$1,409$875$534$111
38 years$3,252$2,104$1,319$807$484$95
39 years$3,134$2,001$1,236$744$439$82
40 years$3,021$1,903$1,158$686$398$71
41 years$2,915$1,812$1,086$633$361$61
42 years$2,814$1,726$1,019$584$328$52
43 years$2,717$1,644$956$539$297$45
44 years$2,626$1,567$898$498$270$39
45 years$2,539$1,494$843$460$245$33
46 years$2,455$1,426$792$425$223$29
47 years$2,376$1,361$744$392$202$25
48 years$2,300$1,299$699$363$184$21
49 years$2,227$1,240$657$335$167$18
50 years$2,158$1,185$618$310$151$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,210,000, adding $2,842 every year, while hoping to spend $26,793 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: 36/36/28 Blend
39$2,210,000$2,210,000$2,210,000$2,210,000
40$2,438,352$2,321,222$2,286,967$2,505,544
41$2,658,556$2,406,454$2,335,072$2,641,016
42$2,900,323$2,494,965$2,383,892$2,784,539
43$3,165,824$2,586,886$2,433,420$2,938,974
44$3,457,451$2,682,356$2,483,653$3,105,319
45$3,777,838$2,781,519$2,534,582$3,284,671
46$4,129,888$2,884,524$2,586,201$3,478,238
47$4,516,799$2,991,527$2,638,501$3,687,343
48$4,942,093$3,102,693$2,691,471$3,913,443
49$5,409,651$3,218,189$2,745,100$4,158,139
50$5,923,749$3,338,194$2,799,375$4,423,190
51$6,489,098$3,462,892$2,854,280$4,710,531
52$7,110,888$3,592,476$2,909,801$5,022,288
53$7,794,838$3,727,147$2,965,918$5,360,801
54$8,547,247$3,867,113$3,022,613$5,728,643
55$9,375,059$4,012,594$3,079,862$6,128,645
56$10,285,921$4,163,817$3,137,644$6,563,919
57$11,288,261$4,321,020$3,195,931$7,037,892
58$12,391,364$4,484,451$3,254,696$7,554,333
59$13,605,463$4,654,369$3,313,908$8,117,389
60$14,941,831$4,831,043$3,373,534$8,731,627
61$16,412,889$5,014,756$3,433,539$9,402,070
62$18,032,326$5,205,801$3,493,885$10,134,249
63$19,815,223$5,404,485$3,554,529$10,934,249
64$21,778,198$5,611,128$3,615,429$11,808,774
65$23,939,565$5,826,063$3,676,536$12,765,200
66$26,319,500$6,049,640$3,737,800$13,811,648
67$28,940,239$6,282,223$3,799,167$14,957,063
68$31,826,283$6,524,191$3,860,578$16,211,290
69$35,004,628$6,775,940$3,921,971$17,585,172
70$38,505,024$7,037,885$3,983,281$19,090,649
71$42,360,254$7,310,459$4,044,438$20,740,868
72$46,606,439$7,594,111$4,105,367$22,550,310
73$51,283,388$7,889,314$4,165,988$24,534,922
74$56,434,962$8,196,559$4,226,217$26,712,266
75$62,109,498$8,516,360$4,285,965$29,101,687
76$68,360,259$8,849,254$4,345,137$31,724,490
77$75,245,938$9,195,801$4,403,633$34,604,144
78$82,831,215$9,556,586$4,461,345$37,766,497
79$91,187,360$9,932,220$4,518,162$41,240,024
80$100,392,914$10,323,342$4,573,964$45,056,089
81$110,534,425$10,730,620$4,628,625$49,249,243
82$121,707,265$11,154,749$4,682,013$53,857,547
83$134,016,533$11,596,458$4,733,986$58,922,931
84$147,578,041$12,056,507$4,784,398$64,491,584
85$162,519,417$12,535,690$4,833,090$70,614,393
86$178,981,297$13,034,839$4,879,898$77,347,418
87$197,118,664$13,554,821$4,924,649$84,752,421
88$217,102,302$14,096,541$4,967,160$92,897,446
89$239,120,414$14,660,949$5,007,236$101,857,457
90$263,380,393$15,249,033$5,044,676$111,715,048
91$290,110,787$15,861,829$5,079,266$122,561,217
92$319,563,446$16,500,418$5,110,781$134,496,223
93$352,015,910$17,165,930$5,138,984$147,630,528
94$387,774,020$17,859,548$5,163,628$162,085,842
95$427,174,811$18,582,507$5,184,450$177,996,264
96$470,589,689$19,336,098$5,201,177$195,509,546
97$518,427,942$20,121,670$5,213,520$214,788,488
98$571,140,596$20,940,636$5,221,177$236,012,467
99$629,224,680$21,794,471$5,223,830$259,379,130
100$693,227,915$22,684,717$5,221,146$285,106,256