Can I retire at age 40 with 2,260,000?

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 $2,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$186,629$184,966$183,344$181,761$180,216$174,587
2 years$92,390$90,670$89,002$87,385$85,817$80,196
3 years$60,982$59,254$57,590$55,989$54,446$49,009
4 years$45,281$43,558$41,911$40,337$38,831$33,620
5 years$35,862$34,150$32,525$30,982$29,519$24,548
6 years$29,585$27,886$26,285$24,777$23,357$18,631
7 years$25,104$23,419$21,843$20,370$18,996$14,513
8 years$21,744$20,074$18,524$17,088$15,759$11,517
9 years$19,132$17,478$15,955$14,555$13,271$9,266
10 years$17,044$15,406$13,910$12,547$11,308$7,533
11 years$15,337$13,715$12,246$10,920$9,725$6,174
12 years$13,915$12,310$10,868$9,578$8,427$5,092
13 years$12,713$11,125$9,710$8,456$7,349$4,222
14 years$11,683$10,112$8,724$7,506$6,442$3,515
15 years$10,792$9,237$7,877$6,694$5,672$2,936
16 years$10,013$8,475$7,142$5,994$5,013$2,459
17 years$9,326$7,805$6,499$5,385$4,445$2,065
18 years$8,716$7,212$5,932$4,853$3,952$1,737
19 years$8,171$6,684$5,431$4,385$3,523$1,463
20 years$7,681$6,211$4,984$3,972$3,146$1,234
21 years$7,238$5,786$4,584$3,605$2,816$1,043
22 years$6,836$5,401$4,225$3,278$2,524$881
23 years$6,470$5,051$3,901$2,985$2,266$746
24 years$6,135$4,733$3,608$2,722$2,036$631
25 years$5,827$4,441$3,342$2,486$1,832$535
26 years$5,543$4,174$3,099$2,273$1,651$453
27 years$5,280$3,928$2,878$2,081$1,488$384
28 years$5,037$3,702$2,675$1,906$1,343$326
29 years$4,811$3,492$2,490$1,748$1,213$276
30 years$4,600$3,298$2,319$1,604$1,096$234
31 years$4,404$3,118$2,162$1,474$991$199
32 years$4,220$2,950$2,017$1,354$896$169
33 years$4,047$2,794$1,883$1,245$811$143
34 years$3,885$2,648$1,760$1,146$734$122
35 years$3,733$2,511$1,645$1,055$665$103
36 years$3,589$2,384$1,539$971$602$88
37 years$3,454$2,264$1,441$895$546$75
38 years$3,326$2,152$1,349$825$495$63
39 years$3,205$2,046$1,264$761$449$54
40 years$3,090$1,946$1,185$702$407$46
41 years$2,981$1,853$1,111$647$369$39
42 years$2,877$1,765$1,042$597$335$33
43 years$2,779$1,681$978$551$304$28
44 years$2,685$1,603$918$509$276$24
45 years$2,596$1,528$862$470$251$20
46 years$2,511$1,458$809$434$228$17
47 years$2,430$1,391$760$401$207$15
48 years$2,352$1,328$715$371$188$12
49 years$2,278$1,268$672$343$170$11
50 years$2,207$1,212$631$317$155$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,260,000, adding $5,245 every year, while hoping to spend $36,149 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: 67/5/28 Blend
39$2,260,000$2,260,000$2,260,000$2,260,000
40$2,495,930$2,376,150$2,341,120$2,644,514
41$2,712,053$2,454,119$2,381,085$2,823,258
42$2,949,008$2,534,697$2,421,178$3,014,137
43$3,208,884$2,617,974$2,461,364$3,222,110
44$3,493,977$2,704,042$2,501,607$3,448,869
45$3,806,821$2,792,998$2,541,869$3,696,277
46$4,150,202$2,884,941$2,582,107$3,966,386
47$4,527,194$2,979,974$2,622,279$4,261,458
48$4,941,180$3,078,205$2,662,337$4,583,981
49$5,395,887$3,179,744$2,702,232$4,936,701
50$5,895,421$3,284,705$2,741,911$5,322,639
51$6,444,307$3,393,208$2,781,317$5,745,125
52$7,047,526$3,505,375$2,820,391$6,207,829
53$7,710,570$3,621,334$2,859,071$6,714,793
54$8,439,486$3,741,218$2,897,288$7,270,469
55$9,240,938$3,865,162$2,934,972$7,879,764
56$10,122,269$3,993,310$2,972,048$8,548,086
57$11,091,566$4,125,808$3,008,437$9,281,391
58$12,157,741$4,262,807$3,044,055$10,086,243
59$13,330,613$4,404,468$3,078,813$10,969,875
60$14,621,001$4,550,952$3,112,619$11,940,255
61$16,040,824$4,702,430$3,145,373$13,006,166
62$17,603,217$4,859,078$3,176,972$14,177,284
63$19,322,650$5,021,077$3,207,305$15,464,271
64$21,215,068$5,188,618$3,236,257$16,878,877
65$23,298,040$5,361,895$3,263,707$18,434,048
66$25,590,925$5,541,113$3,289,526$20,144,053
67$28,115,053$5,726,481$3,313,579$22,024,612
68$30,893,929$5,918,219$3,335,725$24,093,050
69$33,953,451$6,116,553$3,355,813$26,368,457
70$37,322,157$6,321,719$3,373,687$28,871,873
71$41,031,493$6,533,959$3,389,181$31,626,478
72$45,116,109$6,753,527$3,402,123$34,657,822
73$49,614,187$6,980,685$3,412,329$37,994,055
74$54,567,801$7,215,705$3,419,608$41,666,201
75$60,023,312$7,458,870$3,423,760$45,708,449
76$66,031,807$7,710,471$3,424,574$50,158,472
77$72,649,581$7,970,814$3,421,827$55,057,787
78$79,938,668$8,240,214$3,415,288$60,452,146
79$87,967,425$8,518,997$3,404,713$66,391,966
80$96,811,178$8,807,504$3,389,846$72,932,808
81$106,552,933$9,106,086$3,370,421$80,135,900
82$117,284,158$9,415,110$3,346,155$88,068,715
83$129,105,646$9,734,955$3,316,756$96,805,608
84$142,128,470$10,066,015$3,281,915$106,428,518
85$156,475,023$10,408,700$3,241,309$117,027,745
86$172,280,183$10,763,434$3,194,600$128,702,796
87$189,692,578$11,130,658$3,141,435$141,563,332
88$208,875,991$11,510,830$3,081,443$155,730,197
89$230,010,908$11,904,426$3,014,237$171,336,564
90$253,296,217$12,311,940$2,939,411$188,529,191
91$278,951,090$12,733,883$2,856,540$207,469,803
92$307,217,048$13,170,790$2,765,180$228,336,627
93$338,360,241$13,623,214$2,664,868$251,326,066
94$372,673,962$14,091,728$2,555,118$276,654,560
95$410,481,414$14,576,930$2,435,422$304,560,628
96$452,138,758$15,079,440$2,305,249$335,307,117
97$498,038,482$15,599,903$2,164,045$369,183,691
98$548,613,097$16,138,988$2,011,231$406,509,557
99$604,339,225$16,697,391$1,846,199$447,636,487
100$665,742,098$17,275,834$1,668,319$492,952,135