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%13.7%
1 years$186,629$184,966$183,344$181,761$180,216$177,449
2 years$92,390$90,670$89,002$87,385$85,817$83,037
3 years$60,982$59,254$57,590$55,989$54,446$51,738
4 years$45,281$43,558$41,911$40,337$38,831$36,217
5 years$35,862$34,150$32,525$30,982$29,519$27,005
6 years$29,585$27,886$26,285$24,777$23,357$20,948
7 years$25,104$23,419$21,843$20,370$18,996$16,691
8 years$21,744$20,074$18,524$17,088$15,759$13,558
9 years$19,132$17,478$15,955$14,555$13,271$11,173
10 years$17,044$15,406$13,910$12,547$11,308$9,311
11 years$15,337$13,715$12,246$10,920$9,725$7,828
12 years$13,915$12,310$10,868$9,578$8,427$6,628
13 years$12,713$11,125$9,710$8,456$7,349$5,644
14 years$11,683$10,112$8,724$7,506$6,442$4,829
15 years$10,792$9,237$7,877$6,694$5,672$4,148
16 years$10,013$8,475$7,142$5,994$5,013$3,574
17 years$9,326$7,805$6,499$5,385$4,445$3,089
18 years$8,716$7,212$5,932$4,853$3,952$2,676
19 years$8,171$6,684$5,431$4,385$3,523$2,323
20 years$7,681$6,211$4,984$3,972$3,146$2,019
21 years$7,238$5,786$4,584$3,605$2,816$1,759
22 years$6,836$5,401$4,225$3,278$2,524$1,533
23 years$6,470$5,051$3,901$2,985$2,266$1,338
24 years$6,135$4,733$3,608$2,722$2,036$1,169
25 years$5,827$4,441$3,342$2,486$1,832$1,023
26 years$5,543$4,174$3,099$2,273$1,651$895
27 years$5,280$3,928$2,878$2,081$1,488$783
28 years$5,037$3,702$2,675$1,906$1,343$686
29 years$4,811$3,492$2,490$1,748$1,213$602
30 years$4,600$3,298$2,319$1,604$1,096$528
31 years$4,404$3,118$2,162$1,474$991$463
32 years$4,220$2,950$2,017$1,354$896$406
33 years$4,047$2,794$1,883$1,245$811$356
34 years$3,885$2,648$1,760$1,146$734$313
35 years$3,733$2,511$1,645$1,055$665$275
36 years$3,589$2,384$1,539$971$602$241
37 years$3,454$2,264$1,441$895$546$212
38 years$3,326$2,152$1,349$825$495$186
39 years$3,205$2,046$1,264$761$449$164
40 years$3,090$1,946$1,185$702$407$144
41 years$2,981$1,853$1,111$647$369$126
42 years$2,877$1,765$1,042$597$335$111
43 years$2,779$1,681$978$551$304$98
44 years$2,685$1,603$918$509$276$86
45 years$2,596$1,528$862$470$251$75
46 years$2,511$1,458$809$434$228$66
47 years$2,430$1,391$760$401$207$58
48 years$2,352$1,328$715$371$188$51
49 years$2,278$1,268$672$343$170$45
50 years$2,207$1,212$631$317$155$40

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 $5,633 every year, while hoping to spend $57,279 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: 52/37/11 Blend
39$2,260,000$2,260,000$2,260,000$2,260,000
40$2,496,330$2,376,550$2,341,520$2,618,669
41$2,690,012$2,432,057$2,359,017$2,758,185
42$2,901,529$2,488,364$2,375,180$2,903,229
43$3,132,640$2,545,449$2,389,904$3,059,644
44$3,385,283$2,603,289$2,403,079$3,228,518
45$3,661,588$2,661,856$2,414,588$3,411,049
46$3,963,902$2,721,120$2,424,310$3,608,558
47$4,294,811$2,781,046$2,432,115$3,822,496
48$4,657,161$2,841,596$2,437,869$4,054,465
49$5,054,084$2,902,727$2,441,431$4,306,229
50$5,489,034$2,964,394$2,442,652$4,579,730
51$5,965,811$3,026,545$2,441,376$4,877,110
52$6,488,601$3,089,123$2,437,440$5,200,726
53$7,062,015$3,152,067$2,430,671$5,553,179
54$7,691,133$3,215,310$2,420,891$5,937,331
55$8,381,547$3,278,779$2,407,909$6,356,340
56$9,139,420$3,342,394$2,391,529$6,813,682
57$9,971,539$3,406,070$2,371,544$7,313,191
58$10,885,381$3,469,712$2,347,735$7,859,090
59$11,889,182$3,533,221$2,319,877$8,456,034
60$12,992,016$3,596,486$2,287,731$9,109,154
61$14,203,879$3,659,391$2,251,046$9,824,103
62$15,535,782$3,721,808$2,209,564$10,607,114
63$16,999,857$3,783,602$2,163,009$11,465,055
64$18,609,469$3,844,625$2,111,097$12,405,494
65$20,379,344$3,904,721$2,053,528$13,436,777
66$22,325,705$3,963,720$1,989,989$14,568,099
67$24,466,427$4,021,442$1,920,153$15,809,594
68$26,821,202$4,077,693$1,843,678$17,172,435
69$29,411,729$4,132,264$1,760,206$18,668,934
70$32,261,916$4,184,935$1,669,363$20,312,662
71$35,398,102$4,235,467$1,570,757$22,118,579
72$38,849,311$4,283,608$1,463,981$24,103,170
73$42,647,523$4,329,087$1,348,606$26,284,609
74$46,827,973$4,371,615$1,224,187$28,682,923
75$51,429,487$4,410,885$1,090,258$31,320,191
76$56,494,844$4,446,568$946,331$34,220,743
77$62,071,184$4,478,316$791,899$37,411,400
78$68,210,447$4,505,756$626,430$40,921,722
79$74,969,868$4,528,493$449,370$44,784,288
80$82,412,510$4,546,105$260,141$49,035,010
81$90,607,868$4,558,145$58,137$53,713,468
82$99,632,514$4,564,138$0$58,863,285
83$109,570,827$4,563,578$0$64,551,022
84$120,515,786$4,555,927$0$70,819,678
85$132,569,846$4,540,617$0$77,720,911
86$145,845,905$4,517,043$0$85,319,183
87$160,468,372$4,484,562$0$93,685,533
88$176,574,335$4,442,495$0$102,898,256
89$194,314,859$4,390,119$0$113,043,637
90$213,856,410$4,326,670$0$124,216,771
91$235,382,424$4,251,337$0$136,522,458
92$259,095,040$4,163,262$0$150,076,200
93$285,217,007$4,061,535$0$165,005,286
94$313,993,784$3,945,193$0$181,450,000
95$345,695,859$3,813,216$0$199,564,947
96$380,621,299$3,664,525$0$219,520,512
97$419,098,564$3,497,980$0$241,504,472
98$461,489,607$3,312,371$0$265,723,772
99$508,193,292$3,106,421$0$292,406,480
100$559,649,152$2,878,780$0$321,803,941