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%16.3%
1 years$182,500$180,874$179,288$177,740$176,229$171,690
2 years$90,346$88,664$87,033$85,452$83,918$79,376
3 years$59,633$57,943$56,316$54,750$53,241$48,837
4 years$44,279$42,594$40,984$39,444$37,972$33,740
5 years$35,069$33,394$31,805$30,297$28,866$24,818
6 years$28,931$27,269$25,703$24,229$22,841$18,980
7 years$24,548$22,900$21,359$19,920$18,575$14,903
8 years$21,263$19,630$18,115$16,710$15,410$11,925
9 years$18,709$17,091$15,602$14,233$12,978$9,675
10 years$16,667$15,065$13,602$12,269$11,058$7,935
11 years$14,997$13,412$11,975$10,678$9,510$6,562
12 years$13,607$12,038$10,628$9,366$8,241$5,463
13 years$12,432$10,878$9,495$8,269$7,186$4,572
14 years$11,425$9,888$8,531$7,340$6,300$3,843
15 years$10,553$9,033$7,703$6,546$5,547$3,242
16 years$9,791$8,288$6,984$5,861$4,902$2,743
17 years$9,119$7,633$6,355$5,266$4,347$2,327
18 years$8,523$7,053$5,801$4,746$3,865$1,978
19 years$7,990$6,537$5,311$4,288$3,445$1,684
20 years$7,511$6,074$4,874$3,884$3,077$1,436
21 years$7,078$5,658$4,483$3,525$2,753$1,226
22 years$6,685$5,281$4,132$3,205$2,468$1,047
23 years$6,327$4,940$3,815$2,919$2,216$896
24 years$5,999$4,628$3,528$2,662$1,991$767
25 years$5,698$4,343$3,268$2,431$1,792$657
26 years$5,420$4,082$3,031$2,223$1,614$563
27 years$5,163$3,842$2,814$2,035$1,455$483
28 years$4,926$3,620$2,616$1,864$1,313$414
29 years$4,705$3,415$2,435$1,710$1,186$355
30 years$4,499$3,225$2,268$1,569$1,071$305
31 years$4,306$3,049$2,114$1,441$969$262
32 years$4,126$2,885$1,973$1,324$876$225
33 years$3,958$2,732$1,842$1,218$793$193
34 years$3,799$2,589$1,721$1,120$718$166
35 years$3,650$2,456$1,609$1,031$650$143
36 years$3,510$2,331$1,505$950$589$122
37 years$3,377$2,214$1,409$875$534$105
38 years$3,252$2,104$1,319$807$484$90
39 years$3,134$2,001$1,236$744$439$78
40 years$3,021$1,903$1,158$686$398$67
41 years$2,915$1,812$1,086$633$361$57
42 years$2,814$1,726$1,019$584$328$49
43 years$2,717$1,644$956$539$297$42
44 years$2,626$1,567$898$498$270$36
45 years$2,539$1,494$843$460$245$31
46 years$2,455$1,426$792$425$223$27
47 years$2,376$1,361$744$392$202$23
48 years$2,300$1,299$699$363$184$20
49 years$2,227$1,240$657$335$167$17
50 years$2,158$1,185$618$310$151$15

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 $2,139 every year, while hoping to spend $55,177 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: 44/45/11 Blend
39$2,210,000$2,210,000$2,210,000$2,210,000
40$2,437,626$2,320,496$2,286,241$2,537,102
41$2,627,556$2,375,493$2,304,123$2,661,491
42$2,835,010$2,431,335$2,320,753$2,790,462
43$3,061,716$2,488,005$2,336,034$2,929,011
44$3,309,579$2,545,485$2,349,859$3,078,038
45$3,580,694$2,603,752$2,362,117$3,238,538
46$3,877,369$2,662,780$2,372,692$3,411,605
47$4,202,146$2,722,541$2,381,462$3,598,442
48$4,557,822$2,783,003$2,388,299$3,800,378
49$4,947,479$2,844,130$2,393,067$4,018,874
50$5,374,512$2,905,882$2,395,624$4,255,542
51$5,842,657$2,968,216$2,395,822$4,512,156
52$6,356,031$3,031,081$2,393,506$4,790,671
53$6,919,169$3,094,426$2,388,510$5,093,243
54$7,537,063$3,158,192$2,380,664$5,422,246
55$8,215,214$3,222,315$2,369,788$5,780,296
56$8,959,683$3,286,725$2,355,692$6,170,278
57$9,777,142$3,351,346$2,338,179$6,595,369
58$10,674,945$3,416,096$2,317,043$7,059,072
59$11,661,190$3,480,886$2,292,065$7,565,249
60$12,744,801$3,545,619$2,263,018$8,118,153
61$13,935,606$3,610,189$2,229,665$8,722,475
62$15,244,435$3,674,486$2,191,755$9,383,384
63$16,683,217$3,738,385$2,149,029$10,106,578
64$18,265,097$3,801,757$2,101,213$10,898,336
65$20,004,554$3,864,461$2,048,020$11,765,583
66$21,917,543$3,926,344$1,989,153$12,715,947
67$24,021,641$3,987,243$1,924,299$13,757,840
68$26,336,215$4,046,985$1,853,130$14,900,534
69$28,882,603$4,105,382$1,775,304$16,154,247
70$31,684,316$4,162,233$1,690,464$17,530,244
71$34,767,258$4,217,324$1,598,236$19,040,943
72$38,159,971$4,270,425$1,498,230$20,700,030
73$41,893,904$4,321,292$1,390,036$22,522,592
74$46,003,708$4,369,662$1,273,229$24,525,261
75$50,527,567$4,415,255$1,147,362$26,726,366
76$55,507,551$4,457,775$1,011,971$29,146,115
77$60,990,018$4,496,902$866,569$31,806,780
78$67,026,048$4,532,299$710,647$34,732,912
79$73,671,927$4,563,604$543,676$37,951,573
80$80,989,676$4,590,433$365,102$41,492,591
81$89,047,638$4,612,379$174,347$45,388,846
82$97,921,117$4,629,005$0$49,676,580
83$107,693,095$4,639,851$0$54,399,168
84$118,455,012$4,644,425$0$59,619,272
85$130,307,627$4,642,206$0$65,365,018
86$143,361,971$4,632,639$0$71,689,981
87$157,740,390$4,615,137$0$78,653,205
88$173,577,707$4,589,076$0$86,319,769
89$191,022,485$4,553,793$0$94,761,396
90$210,238,437$4,508,587$0$104,057,134
91$231,405,962$4,452,713$0$114,294,105
92$254,723,857$4,385,382$0$125,568,326
93$280,411,182$4,305,758$0$137,985,622
94$308,709,338$4,212,955$0$151,662,625
95$339,884,337$4,106,036$0$166,727,875
96$374,229,315$3,984,007$0$183,323,039
97$412,067,298$3,845,818$0$201,604,250
98$453,754,255$3,690,354$0$221,743,582
99$499,682,447$3,516,440$0$243,930,682
100$550,284,141$3,322,830$0$268,374,556