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

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 $2,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$186,629$184,966$183,344$181,761$180,216$176,505
2 years$92,390$90,670$89,002$87,385$85,817$82,095
3 years$60,982$59,254$57,590$55,989$54,446$50,829
4 years$45,281$43,558$41,911$40,337$38,831$35,348
5 years$35,862$34,150$32,525$30,982$29,519$26,178
6 years$29,585$27,886$26,285$24,777$23,357$20,163
7 years$25,104$23,419$21,843$20,370$18,996$15,949
8 years$21,744$20,074$18,524$17,088$15,759$12,858
9 years$19,132$17,478$15,955$14,555$13,271$10,515
10 years$17,044$15,406$13,910$12,547$11,308$8,693
11 years$15,337$13,715$12,246$10,920$9,725$7,249
12 years$13,915$12,310$10,868$9,578$8,427$6,086
13 years$12,713$11,125$9,710$8,456$7,349$5,138
14 years$11,683$10,112$8,724$7,506$6,442$4,358
15 years$10,792$9,237$7,877$6,694$5,672$3,710
16 years$10,013$8,475$7,142$5,994$5,013$3,168
17 years$9,326$7,805$6,499$5,385$4,445$2,712
18 years$8,716$7,212$5,932$4,853$3,952$2,327
19 years$8,171$6,684$5,431$4,385$3,523$2,001
20 years$7,681$6,211$4,984$3,972$3,146$1,723
21 years$7,238$5,786$4,584$3,605$2,816$1,486
22 years$6,836$5,401$4,225$3,278$2,524$1,282
23 years$6,470$5,051$3,901$2,985$2,266$1,108
24 years$6,135$4,733$3,608$2,722$2,036$958
25 years$5,827$4,441$3,342$2,486$1,832$829
26 years$5,543$4,174$3,099$2,273$1,651$718
27 years$5,280$3,928$2,878$2,081$1,488$622
28 years$5,037$3,702$2,675$1,906$1,343$540
29 years$4,811$3,492$2,490$1,748$1,213$468
30 years$4,600$3,298$2,319$1,604$1,096$406
31 years$4,404$3,118$2,162$1,474$991$352
32 years$4,220$2,950$2,017$1,354$896$306
33 years$4,047$2,794$1,883$1,245$811$266
34 years$3,885$2,648$1,760$1,146$734$231
35 years$3,733$2,511$1,645$1,055$665$200
36 years$3,589$2,384$1,539$971$602$174
37 years$3,454$2,264$1,441$895$546$151
38 years$3,326$2,152$1,349$825$495$131
39 years$3,205$2,046$1,264$761$449$114
40 years$3,090$1,946$1,185$702$407$99
41 years$2,981$1,853$1,111$647$369$86
42 years$2,877$1,765$1,042$597$335$75
43 years$2,779$1,681$978$551$304$65
44 years$2,685$1,603$918$509$276$57
45 years$2,596$1,528$862$470$251$49
46 years$2,511$1,458$809$434$228$43
47 years$2,430$1,391$760$401$207$37
48 years$2,352$1,328$715$371$188$32
49 years$2,278$1,268$672$343$170$28
50 years$2,207$1,212$631$317$155$24

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 $4,489 every year, while hoping to spend $58,837 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: 50/36/14 Blend
39$2,260,000$2,260,000$2,260,000$2,260,000
40$2,495,150$2,375,370$2,340,340$2,610,147
41$2,687,054$2,429,161$2,356,140$2,743,416
42$2,896,559$2,483,616$2,370,496$2,881,639
43$3,125,400$2,538,705$2,383,300$3,030,536
44$3,375,484$2,594,396$2,394,434$3,191,128
45$3,648,913$2,650,650$2,403,777$3,364,542
46$3,947,999$2,707,429$2,411,200$3,552,018
47$4,275,290$2,764,688$2,416,570$3,754,924
48$4,633,588$2,822,376$2,419,744$3,974,766
49$5,025,983$2,880,442$2,420,574$4,213,203
50$5,455,875$2,938,825$2,418,905$4,472,065
51$5,927,009$2,997,462$2,414,573$4,753,368
52$6,443,509$3,056,283$2,407,407$5,059,333
53$7,009,919$3,115,213$2,397,227$5,392,410
54$7,631,242$3,174,169$2,383,845$5,755,296
55$8,312,988$3,233,063$2,367,064$6,150,968
56$9,061,229$3,291,799$2,346,676$6,582,702
57$9,882,649$3,350,273$2,322,465$7,054,114
58$10,784,616$3,408,373$2,294,204$7,569,187
59$11,775,243$3,465,978$2,261,656$8,132,312
60$12,863,467$3,522,961$2,224,570$8,748,329
61$14,059,135$3,579,180$2,182,688$9,422,574
62$15,373,094$3,634,488$2,135,736$10,160,927
63$16,817,295$3,688,723$2,083,428$10,969,872
64$18,404,903$3,741,714$2,025,467$11,856,556
65$20,150,423$3,793,278$1,961,540$12,828,855
66$22,069,835$3,843,217$1,891,320$13,895,454
67$24,180,745$3,891,322$1,814,466$15,065,926
68$26,502,551$3,937,366$1,730,621$16,350,822
69$29,056,625$3,981,112$1,639,411$17,761,773
70$31,866,516$4,022,301$1,540,446$19,311,603
71$34,958,168$4,060,661$1,433,318$21,014,445
72$38,360,168$4,095,901$1,317,602$22,885,879
73$42,104,015$4,127,710$1,192,851$24,943,079
74$46,224,414$4,155,757$1,058,601$27,204,976
75$50,759,607$4,179,692$914,367$29,692,439
76$55,751,728$4,199,138$759,640$32,428,469
77$61,247,208$4,213,699$593,890$35,438,423
78$67,297,203$4,222,950$416,566$38,750,249
79$73,958,085$4,226,443$227,089$42,394,754
80$81,291,970$4,223,698$24,856$46,405,897
81$89,367,300$4,214,209$0$50,821,107
82$98,259,496$4,197,437$0$55,710,170
83$108,051,663$4,172,809$0$61,095,852
84$118,835,377$4,139,721$0$67,024,665
85$130,711,547$4,097,528$0$73,551,967
86$143,791,367$4,045,550$0$80,738,768
87$158,197,366$3,983,062$0$88,652,307
88$174,064,565$3,909,300$0$97,366,693
89$191,541,747$3,823,452$0$106,963,596
90$210,792,864$3,724,659$0$117,533,029
91$231,998,581$3,612,012$0$129,174,196
92$255,357,983$3,484,548$0$141,996,428
93$281,090,455$3,341,248$0$156,120,219
94$309,437,746$3,181,034$0$171,678,367
95$340,666,256$3,002,765$0$188,817,227
96$375,069,550$2,805,236$0$207,698,096
97$412,971,122$2,587,171$0$228,498,738
98$454,727,456$2,347,222$0$251,415,064
99$500,731,385$2,083,963$0$276,662,987
100$551,415,798$1,795,890$0$304,480,461