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%
1 years$186,629$184,966$183,344$181,761$180,216$177,964
2 years$92,390$90,670$89,002$87,385$85,817$83,551
3 years$60,982$59,254$57,590$55,989$54,446$52,236
4 years$45,281$43,558$41,911$40,337$38,831$36,695
5 years$35,862$34,150$32,525$30,982$29,519$27,462
6 years$29,585$27,886$26,285$24,777$23,357$21,383
7 years$25,104$23,419$21,843$20,370$18,996$17,104
8 years$21,744$20,074$18,524$17,088$15,759$13,950
9 years$19,132$17,478$15,955$14,555$13,271$11,544
10 years$17,044$15,406$13,910$12,547$11,308$9,662
11 years$15,337$13,715$12,246$10,920$9,725$8,158
12 years$13,915$12,310$10,868$9,578$8,427$6,938
13 years$12,713$11,125$9,710$8,456$7,349$5,935
14 years$11,683$10,112$8,724$7,506$6,442$5,102
15 years$10,792$9,237$7,877$6,694$5,672$4,403
16 years$10,013$8,475$7,142$5,994$5,013$3,813
17 years$9,326$7,805$6,499$5,385$4,445$3,312
18 years$8,716$7,212$5,932$4,853$3,952$2,883
19 years$8,171$6,684$5,431$4,385$3,523$2,515
20 years$7,681$6,211$4,984$3,972$3,146$2,199
21 years$7,238$5,786$4,584$3,605$2,816$1,925
22 years$6,836$5,401$4,225$3,278$2,524$1,687
23 years$6,470$5,051$3,901$2,985$2,266$1,481
24 years$6,135$4,733$3,608$2,722$2,036$1,301
25 years$5,827$4,441$3,342$2,486$1,832$1,144
26 years$5,543$4,174$3,099$2,273$1,651$1,006
27 years$5,280$3,928$2,878$2,081$1,488$886
28 years$5,037$3,702$2,675$1,906$1,343$781
29 years$4,811$3,492$2,490$1,748$1,213$688
30 years$4,600$3,298$2,319$1,604$1,096$607
31 years$4,404$3,118$2,162$1,474$991$536
32 years$4,220$2,950$2,017$1,354$896$473
33 years$4,047$2,794$1,883$1,245$811$417
34 years$3,885$2,648$1,760$1,146$734$369
35 years$3,733$2,511$1,645$1,055$665$326
36 years$3,589$2,384$1,539$971$602$288
37 years$3,454$2,264$1,441$895$546$254
38 years$3,326$2,152$1,349$825$495$225
39 years$3,205$2,046$1,264$761$449$199
40 years$3,090$1,946$1,185$702$407$176
41 years$2,981$1,853$1,111$647$369$155
42 years$2,877$1,765$1,042$597$335$137
43 years$2,779$1,681$978$551$304$121
44 years$2,685$1,603$918$509$276$107
45 years$2,596$1,528$862$470$251$95
46 years$2,511$1,458$809$434$228$84
47 years$2,430$1,391$760$401$207$74
48 years$2,352$1,328$715$371$188$66
49 years$2,278$1,268$672$343$170$58
50 years$2,207$1,212$631$317$155$51

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 $6,253 every year, while hoping to spend $54,954 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: 51/43/6 Blend
39$2,260,000$2,260,000$2,260,000$2,260,000
40$2,496,970$2,377,190$2,342,160$2,620,379
41$2,693,190$2,435,202$2,362,152$2,762,941
42$2,907,583$2,494,214$2,380,971$2,911,359
43$3,141,944$2,554,218$2,398,522$3,071,371
44$3,398,251$2,615,203$2,414,700$3,244,079
45$3,678,679$2,677,155$2,429,399$3,430,693
46$3,985,626$2,740,057$2,442,505$3,632,546
47$4,321,730$2,803,890$2,453,900$3,851,105
48$4,689,899$2,868,633$2,463,458$4,087,986
49$5,093,332$2,934,260$2,471,048$4,344,969
50$5,535,556$3,000,742$2,476,531$4,624,012
51$6,020,451$3,068,047$2,479,763$4,927,276
52$6,552,294$3,136,138$2,480,592$5,257,136
53$7,135,794$3,204,975$2,478,858$5,616,212
54$7,776,139$3,274,513$2,474,394$6,007,389
55$8,479,043$3,344,701$2,467,024$6,433,845
56$9,250,799$3,415,486$2,456,564$6,899,081
57$10,098,342$3,486,806$2,442,820$7,406,956
58$11,029,310$3,558,596$2,425,591$7,961,719
59$12,052,115$3,630,783$2,404,664$8,568,054
60$13,176,028$3,703,288$2,379,817$9,231,121
61$14,411,259$3,776,026$2,350,818$9,956,607
62$15,769,060$3,848,903$2,317,422$10,750,777
63$17,261,823$3,921,819$2,279,375$11,620,536
64$18,903,204$3,994,663$2,236,409$12,573,493
65$20,708,248$4,067,319$2,188,246$13,618,031
66$22,693,528$4,139,657$2,134,591$14,763,393
67$24,877,309$4,211,540$2,075,140$16,019,759
68$27,279,709$4,282,821$2,009,573$17,398,353
69$29,922,899$4,353,339$1,937,553$18,911,540
70$32,831,306$4,422,923$1,858,732$20,572,952
71$36,031,842$4,491,389$1,772,742$22,397,609
72$39,554,163$4,558,541$1,679,202$24,402,064
73$43,430,943$4,624,165$1,577,712$26,604,561
74$47,698,187$4,688,036$1,467,852$29,025,208
75$52,395,563$4,749,911$1,349,186$31,686,164
76$57,566,785$4,809,531$1,221,259$34,611,852
77$63,260,018$4,866,619$1,083,592$37,829,186
78$69,528,336$4,920,880$935,688$41,367,832
79$76,430,220$4,971,996$777,027$45,260,483
80$84,030,110$5,019,632$607,066$49,543,171
81$92,399,016$5,063,429$425,237$54,255,607
82$101,615,182$5,103,003$230,949$59,441,558
83$111,764,828$5,137,948$23,583$65,149,259
84$122,942,962$5,167,829$0$71,431,872
85$135,254,277$5,192,185$0$78,360,643
86$148,814,136$5,210,525$0$85,989,923
87$163,749,665$5,222,328$0$94,389,410
88$180,200,947$5,227,038$0$103,637,584
89$198,322,347$5,224,067$0$113,820,937
90$218,283,969$5,212,788$0$125,034,787
91$240,273,258$5,192,539$0$137,384,183
92$264,496,770$5,162,613$0$150,984,897
93$291,182,123$5,122,264$0$165,964,516
94$320,580,143$5,070,698$0$182,463,652
95$352,967,230$5,007,074$0$200,637,269
96$388,647,969$4,930,503$0$220,656,147
97$427,958,003$4,840,039$0$242,708,500
98$471,267,201$4,734,682$0$267,001,749
99$518,983,148$4,613,374$0$293,764,488
100$571,554,992$4,474,992$0$323,248,642