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

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 $2,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$182,500$180,874$179,288$177,740$176,229$171,067
2 years$90,346$88,664$87,033$85,452$83,918$78,760
3 years$59,633$57,943$56,316$54,750$53,241$48,248
4 years$44,279$42,594$40,984$39,444$37,972$33,182
5 years$35,069$33,394$31,805$30,297$28,866$24,292
6 years$28,931$27,269$25,703$24,229$22,841$18,487
7 years$24,548$22,900$21,359$19,920$18,575$14,442
8 years$21,263$19,630$18,115$16,710$15,410$11,495
9 years$18,709$17,091$15,602$14,233$12,978$9,276
10 years$16,667$15,065$13,602$12,269$11,058$7,565
11 years$14,997$13,412$11,975$10,678$9,510$6,220
12 years$13,607$12,038$10,628$9,366$8,241$5,147
13 years$12,432$10,878$9,495$8,269$7,186$4,282
14 years$11,425$9,888$8,531$7,340$6,300$3,577
15 years$10,553$9,033$7,703$6,546$5,547$2,999
16 years$9,791$8,288$6,984$5,861$4,902$2,521
17 years$9,119$7,633$6,355$5,266$4,347$2,124
18 years$8,523$7,053$5,801$4,746$3,865$1,793
19 years$7,990$6,537$5,311$4,288$3,445$1,517
20 years$7,511$6,074$4,874$3,884$3,077$1,284
21 years$7,078$5,658$4,483$3,525$2,753$1,089
22 years$6,685$5,281$4,132$3,205$2,468$924
23 years$6,327$4,940$3,815$2,919$2,216$785
24 years$5,999$4,628$3,528$2,662$1,991$667
25 years$5,698$4,343$3,268$2,431$1,792$567
26 years$5,420$4,082$3,031$2,223$1,614$483
27 years$5,163$3,842$2,814$2,035$1,455$411
28 years$4,926$3,620$2,616$1,864$1,313$350
29 years$4,705$3,415$2,435$1,710$1,186$298
30 years$4,499$3,225$2,268$1,569$1,071$254
31 years$4,306$3,049$2,114$1,441$969$216
32 years$4,126$2,885$1,973$1,324$876$184
33 years$3,958$2,732$1,842$1,218$793$157
34 years$3,799$2,589$1,721$1,120$718$134
35 years$3,650$2,456$1,609$1,031$650$114
36 years$3,510$2,331$1,505$950$589$97
37 years$3,377$2,214$1,409$875$534$83
38 years$3,252$2,104$1,319$807$484$71
39 years$3,134$2,001$1,236$744$439$60
40 years$3,021$1,903$1,158$686$398$52
41 years$2,915$1,812$1,086$633$361$44
42 years$2,814$1,726$1,019$584$328$38
43 years$2,717$1,644$956$539$297$32
44 years$2,626$1,567$898$498$270$27
45 years$2,539$1,494$843$460$245$23
46 years$2,455$1,426$792$425$223$20
47 years$2,376$1,361$744$392$202$17
48 years$2,300$1,299$699$363$184$14
49 years$2,227$1,240$657$335$167$12
50 years$2,158$1,185$618$310$151$11

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 $4,505 every year, while hoping to spend $45,878 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: 35/36/29 Blend
39$2,210,000$2,210,000$2,210,000$2,210,000
40$2,440,067$2,322,937$2,288,682$2,504,027
41$2,640,140$2,387,947$2,316,539$2,617,466
42$2,859,083$2,454,605$2,343,791$2,735,350
43$3,098,772$2,522,943$2,370,371$2,861,671
44$3,361,273$2,592,994$2,396,205$2,997,218
45$3,648,861$2,664,789$2,421,217$3,142,856
46$3,964,043$2,738,362$2,445,325$3,299,542
47$4,309,578$2,813,744$2,468,446$3,468,325
48$4,688,506$2,890,968$2,490,490$3,650,363
49$5,104,173$2,970,066$2,511,361$3,846,933
50$5,560,268$3,051,068$2,530,961$4,059,437
51$6,060,852$3,134,007$2,549,185$4,289,423
52$6,610,399$3,218,913$2,565,923$4,538,596
53$7,213,837$3,305,817$2,581,058$4,808,833
54$7,876,595$3,394,749$2,594,470$5,102,203
55$8,604,652$3,485,736$2,606,029$5,420,985
56$9,404,598$3,578,809$2,615,603$5,767,691
57$10,283,690$3,673,993$2,623,048$6,145,088
58$11,249,924$3,771,316$2,628,218$6,556,226
59$12,312,108$3,870,803$2,630,955$7,004,466
60$13,479,948$3,972,477$2,631,097$7,493,510
61$14,764,136$4,076,361$2,628,472$8,027,440
62$16,176,451$4,182,477$2,622,899$8,610,754
63$17,729,874$4,290,843$2,614,191$9,248,408
64$19,438,704$4,401,477$2,602,149$9,945,866
65$21,318,696$4,514,394$2,586,566$10,709,149
66$23,387,211$4,629,607$2,567,224$11,544,891
67$25,663,376$4,747,127$2,543,895$12,460,406
68$28,168,265$4,866,961$2,516,340$13,463,755
69$30,925,101$4,989,115$2,484,311$14,563,821
70$33,959,470$5,113,590$2,447,543$15,770,395
71$37,299,565$5,240,385$2,405,765$17,094,269
72$40,976,450$5,369,493$2,358,688$18,547,337
73$45,024,356$5,500,907$2,306,012$20,142,707
74$49,481,001$5,634,611$2,247,424$21,894,829
75$54,387,944$5,770,588$2,182,593$23,819,626
76$59,790,981$5,908,815$2,111,178$25,934,651
77$65,740,576$6,049,261$2,032,817$28,259,249
78$72,292,333$6,191,893$1,947,134$30,814,742
79$79,507,525$6,336,670$1,853,738$33,624,628
80$87,453,670$6,483,544$1,752,215$36,714,809
81$96,205,168$6,632,462$1,642,138$40,113,832
82$105,844,002$6,783,359$1,523,056$43,853,160
83$116,460,514$6,936,167$1,394,502$47,967,470
84$128,154,252$7,090,805$1,255,984$52,494,984
85$141,034,918$7,247,186$1,106,991$57,477,825
86$155,223,392$7,405,211$946,988$62,962,420
87$170,852,883$7,564,771$775,417$68,999,940
88$188,070,177$7,725,745$591,694$75,646,780
89$207,037,031$7,888,002$395,211$82,965,098
90$227,931,689$8,051,396$185,332$91,023,397
91$250,950,575$8,215,768$0$99,897,180
92$276,310,137$8,380,944$0$109,681,618
93$304,248,897$8,546,736$0$120,518,437
94$335,029,697$8,712,939$0$132,451,531
95$368,942,182$8,879,328$0$145,592,529
96$406,305,533$9,045,664$0$160,064,446
97$447,471,480$9,211,684$0$176,002,844
98$492,827,622$9,377,108$0$193,557,112
99$542,801,083$9,541,629$0$212,891,874
100$597,862,545$9,704,921$0$234,188,547