Can I retire at age 40 with 2,250,000?

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 $2,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$185,803$184,148$182,533$180,957$179,418$177,692
2 years$91,982$90,269$88,608$86,999$85,437$83,699
3 years$60,712$58,991$57,335$55,741$54,205$52,508
4 years$45,080$43,365$41,726$40,158$38,659$37,016
5 years$35,704$33,999$32,381$30,845$29,388$27,804
6 years$29,455$27,762$26,168$24,667$23,254$21,731
7 years$24,993$23,315$21,746$20,280$18,912$17,450
8 years$21,648$19,985$18,442$17,013$15,689$14,290
9 years$19,048$17,401$15,884$14,491$13,212$11,874
10 years$16,969$15,338$13,848$12,491$11,258$9,980
11 years$15,269$13,654$12,192$10,871$9,682$8,463
12 years$13,853$12,255$10,820$9,536$8,390$7,230
13 years$12,657$11,075$9,667$8,418$7,316$6,213
14 years$11,632$10,067$8,686$7,473$6,414$5,365
15 years$10,744$9,197$7,842$6,665$5,647$4,653
16 years$9,968$8,438$7,110$5,967$4,991$4,049
17 years$9,285$7,771$6,470$5,362$4,425$3,533
18 years$8,677$7,181$5,906$4,832$3,935$3,092
19 years$8,135$6,655$5,407$4,366$3,507$2,711
20 years$7,647$6,184$4,962$3,954$3,133$2,382
21 years$7,206$5,760$4,564$3,589$2,803$2,096
22 years$6,806$5,377$4,207$3,263$2,513$1,847
23 years$6,441$5,029$3,884$2,972$2,256$1,630
24 years$6,108$4,712$3,592$2,710$2,027$1,439
25 years$5,801$4,422$3,327$2,475$1,824$1,272
26 years$5,518$4,156$3,086$2,263$1,643$1,126
27 years$5,257$3,911$2,865$2,072$1,482$997
28 years$5,015$3,685$2,664$1,898$1,337$883
29 years$4,790$3,477$2,479$1,741$1,207$783
30 years$4,580$3,283$2,309$1,597$1,091$695
31 years$4,384$3,104$2,152$1,467$986$616
32 years$4,201$2,937$2,008$1,348$892$547
33 years$4,029$2,781$1,875$1,240$807$486
34 years$3,868$2,636$1,752$1,141$731$432
35 years$3,716$2,500$1,638$1,050$662$384
36 years$3,574$2,373$1,532$967$600$341
37 years$3,439$2,254$1,434$891$544$303
38 years$3,311$2,142$1,343$821$493$269
39 years$3,190$2,037$1,258$757$447$240
40 years$3,076$1,938$1,179$699$405$213
41 years$2,968$1,845$1,106$644$368$190
42 years$2,865$1,757$1,037$595$334$169
43 years$2,767$1,674$973$549$303$150
44 years$2,673$1,596$914$507$275$134
45 years$2,584$1,522$858$468$250$119
46 years$2,500$1,451$806$432$227$106
47 years$2,419$1,385$757$400$206$94
48 years$2,341$1,322$711$369$187$84
49 years$2,268$1,263$669$341$170$75
50 years$2,197$1,206$629$315$154$66

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,250,000, adding $6,492 every year, while hoping to spend $26,353 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: 40/32/28 Blend
39$2,250,000$2,250,000$2,250,000$2,250,000
40$2,486,196$2,366,946$2,332,071$2,564,866
41$2,711,749$2,454,887$2,382,157$2,710,591
42$2,959,425$2,546,254$2,433,036$2,865,218
43$3,231,453$2,641,187$2,484,709$3,032,008
44$3,530,287$2,739,832$2,537,173$3,212,091
45$3,858,634$2,842,341$2,590,426$3,406,711
46$4,219,472$2,948,873$2,644,462$3,617,232
47$4,616,084$3,059,593$2,699,278$3,845,155
48$5,052,086$3,174,675$2,754,866$4,092,132
49$5,531,464$3,294,299$2,811,218$4,359,977
50$6,058,606$3,418,653$2,868,327$4,650,684
51$6,638,348$3,547,932$2,926,181$4,966,450
52$7,276,021$3,682,341$2,984,768$5,309,688
53$7,977,493$3,822,094$3,044,076$5,683,053
54$8,749,234$3,967,413$3,104,090$6,089,469
55$9,598,371$4,118,531$3,164,792$6,532,149
56$10,532,756$4,275,691$3,226,164$7,014,631
57$11,561,042$4,439,145$3,288,185$7,540,808
58$12,692,763$4,609,157$3,350,834$8,114,965
59$13,938,423$4,786,004$3,414,085$8,741,818
60$15,309,596$4,969,972$3,477,911$9,426,557
61$16,819,037$5,161,363$3,542,283$10,174,898
62$18,480,799$5,360,490$3,607,169$10,993,130
63$20,310,366$5,567,679$3,672,535$11,888,180
64$22,324,802$5,783,274$3,738,343$12,867,672
65$24,542,907$6,007,630$3,804,554$13,940,004
66$26,985,400$6,241,121$3,871,123$15,114,419
67$29,675,110$6,484,134$3,938,004$16,401,098
68$32,637,191$6,737,077$4,005,148$17,811,252
69$35,899,365$7,000,374$4,072,500$19,357,226
70$39,492,175$7,274,467$4,140,004$21,052,618
71$43,449,281$7,559,820$4,207,598$22,912,401
72$47,807,772$7,856,916$4,275,217$24,953,068
73$52,608,519$8,166,259$4,342,791$27,192,784
74$57,896,560$8,488,377$4,410,246$29,651,558
75$63,721,522$8,823,821$4,477,503$32,351,428
76$70,138,096$9,173,167$4,544,478$35,316,670
77$77,206,545$9,537,015$4,611,081$38,574,025
78$84,993,278$9,915,995$4,677,217$42,152,949
79$93,571,475$10,310,761$4,742,787$46,085,891
80$103,021,778$10,722,001$4,807,683$50,408,599
81$113,433,052$11,150,432$4,871,793$55,160,451
82$124,903,222$11,596,801$4,934,996$60,384,830
83$137,540,199$12,061,893$4,997,167$66,129,530
84$151,462,898$12,546,525$5,058,171$72,447,204
85$166,802,361$13,051,552$5,117,867$79,395,862
86$183,702,992$13,577,868$5,176,106$87,039,415
87$202,323,921$14,126,408$5,232,730$95,448,275
88$222,840,507$14,698,147$5,287,572$104,700,020
89$245,445,990$15,294,108$5,340,457$114,880,123
90$270,353,318$15,915,357$5,391,200$126,082,756
91$297,797,157$16,563,010$5,439,605$138,411,678
92$328,036,103$17,238,233$5,485,468$151,981,210
93$361,355,127$17,942,247$5,528,572$166,917,315
94$398,068,259$18,676,327$5,568,689$183,358,781
95$438,521,561$19,441,807$5,605,580$201,458,529
96$483,096,386$20,240,081$5,638,992$221,385,056
97$532,212,980$21,072,607$5,668,661$243,324,019
98$586,334,450$21,940,911$5,694,307$267,479,987
99$645,971,137$22,846,588$5,715,639$294,078,370
100$711,685,428$23,791,307$5,732,348$323,367,539