Can I retire at age 40 with 2,270,000?

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 $2,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$187,454$185,785$184,156$182,566$181,013$179,948
2 years$92,799$91,071$89,396$87,772$86,197$85,122
3 years$61,252$59,516$57,845$56,236$54,687$53,636
4 years$45,481$43,750$42,096$40,515$39,003$37,984
5 years$36,021$34,301$32,669$31,119$29,649$28,665
6 years$29,716$28,009$26,401$24,887$23,461$22,513
7 years$25,215$23,522$21,939$20,461$19,080$18,168
8 years$21,840$20,163$18,606$17,164$15,829$14,954
9 years$19,217$17,555$16,026$14,620$13,330$12,492
10 years$17,120$15,474$13,972$12,602$11,358$10,556
11 years$15,405$13,776$12,300$10,968$9,768$9,001
12 years$13,977$12,364$10,916$9,620$8,465$7,733
13 years$12,769$11,174$9,753$8,493$7,381$6,684
14 years$11,735$10,157$8,763$7,539$6,471$5,806
15 years$10,840$9,278$7,912$6,724$5,697$5,065
16 years$10,057$8,513$7,173$6,020$5,035$4,435
17 years$9,367$7,840$6,527$5,409$4,465$3,895
18 years$8,755$7,244$5,959$4,875$3,970$3,430
19 years$8,207$6,714$5,455$4,405$3,538$3,027
20 years$7,715$6,239$5,006$3,989$3,160$2,677
21 years$7,270$5,811$4,605$3,621$2,828$2,371
22 years$6,867$5,425$4,244$3,292$2,535$2,104
23 years$6,499$5,074$3,919$2,998$2,276$1,869
24 years$6,162$4,754$3,624$2,734$2,045$1,662
25 years$5,852$4,461$3,357$2,497$1,841$1,480
26 years$5,567$4,193$3,113$2,283$1,658$1,319
27 years$5,304$3,946$2,891$2,090$1,495$1,176
28 years$5,059$3,718$2,687$1,915$1,349$1,049
29 years$4,832$3,508$2,501$1,756$1,218$937
30 years$4,621$3,313$2,329$1,612$1,100$837
31 years$4,423$3,131$2,172$1,480$995$748
32 years$4,238$2,963$2,026$1,360$900$669
33 years$4,065$2,806$1,892$1,251$814$599
34 years$3,903$2,659$1,768$1,151$737$536
35 years$3,750$2,522$1,653$1,059$668$480
36 years$3,605$2,394$1,546$976$605$430
37 years$3,469$2,274$1,447$899$548$385
38 years$3,341$2,161$1,355$829$497$345
39 years$3,219$2,055$1,270$764$451$309
40 years$3,103$1,955$1,190$705$409$277
41 years$2,994$1,861$1,116$650$371$248
42 years$2,890$1,772$1,047$600$337$223
43 years$2,791$1,689$982$554$306$200
44 years$2,697$1,610$922$511$277$179
45 years$2,607$1,535$866$472$252$161
46 years$2,522$1,464$813$436$229$144
47 years$2,440$1,397$764$403$208$129
48 years$2,362$1,334$718$372$189$116
49 years$2,288$1,274$675$344$171$104
50 years$2,216$1,217$634$318$156$93

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,270,000, adding $5,398 every year, while hoping to spend $38,300 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: 34/42/24 Blend
39$2,270,000$2,270,000$2,270,000$2,270,000
40$2,507,108$2,386,798$2,351,613$2,573,880
41$2,722,082$2,463,000$2,389,641$2,700,365
42$2,957,700$2,541,653$2,427,660$2,832,810
43$3,216,027$2,622,835$2,465,628$2,974,868
44$3,499,337$2,706,630$2,503,502$3,127,418
45$3,810,136$2,793,121$2,541,236$3,291,423
46$4,151,184$2,882,398$2,578,781$3,467,945
47$4,525,519$2,974,550$2,616,084$3,658,149
48$4,936,490$3,069,671$2,653,092$3,863,318
49$5,387,786$3,167,858$2,689,744$4,084,860
50$5,883,468$3,269,212$2,725,978$4,324,329
51$6,428,013$3,373,834$2,761,730$4,583,429
52$7,026,352$3,481,833$2,796,929$4,864,038
53$7,683,915$3,593,319$2,831,501$5,168,222
54$8,406,687$3,708,404$2,865,370$5,498,253
55$9,201,261$3,827,208$2,898,452$5,856,634
56$10,074,900$3,949,851$2,930,660$6,246,117
57$11,035,606$4,076,460$2,961,903$6,669,735
58$12,092,196$4,207,165$2,992,085$7,130,824
59$13,254,383$4,342,099$3,021,103$7,633,057
60$14,532,870$4,481,401$3,048,850$8,180,478
61$15,939,448$4,625,216$3,075,212$8,777,542
62$17,487,111$4,773,690$3,100,070$9,429,152
63$19,190,173$4,926,978$3,123,299$10,140,708
64$21,064,407$5,085,237$3,144,767$10,918,158
65$23,127,194$5,248,631$3,164,334$11,768,050
66$25,397,683$5,417,329$3,181,855$12,697,599
67$27,896,975$5,591,506$3,197,175$13,714,749
68$30,648,320$5,771,343$3,210,133$14,828,252
69$33,677,336$5,957,026$3,220,560$16,047,746
70$37,012,252$6,148,749$3,228,277$17,383,849
71$40,684,175$6,346,711$3,233,097$18,848,258
72$44,727,379$6,551,117$3,234,824$20,453,858
73$49,179,632$6,762,183$3,233,251$22,214,842
74$54,082,552$6,980,128$3,228,163$24,146,847
75$59,481,998$7,205,179$3,219,332$26,267,101
76$65,428,503$7,437,574$3,206,520$28,594,581
77$71,977,750$7,677,555$3,189,479$31,150,197
78$79,191,100$7,925,375$3,167,946$33,956,987
79$87,136,168$8,181,294$3,141,648$37,040,331
80$95,887,462$8,445,582$3,110,297$40,428,193
81$105,527,084$8,718,516$3,073,594$44,151,385
82$116,145,510$9,000,387$3,031,222$48,243,854
83$127,842,437$9,291,491$2,982,853$52,743,006
84$140,727,728$9,592,137$2,928,141$57,690,053
85$154,922,448$9,902,643$2,866,726$63,130,409
86$170,560,005$10,223,340$2,798,228$69,114,109
87$187,787,410$10,554,568$2,722,253$75,696,289
88$206,766,664$10,896,680$2,638,387$82,937,700
89$227,676,287$11,250,041$2,546,197$90,905,283
90$250,713,004$11,615,029$2,445,230$99,672,803
91$276,093,599$11,992,033$2,335,014$109,321,539
92$304,056,963$12,381,459$2,215,053$119,941,053
93$334,866,346$12,783,724$2,084,831$131,630,037
94$368,811,848$13,199,261$1,943,806$144,497,243
95$406,213,148$13,628,516$1,791,416$158,662,505
96$447,422,529$14,071,954$1,627,068$174,257,874
97$492,828,200$14,530,052$1,450,148$191,428,864
98$542,857,959$15,003,308$1,260,011$210,335,821
99$597,983,234$15,492,233$1,055,985$231,155,439
100$658,723,531$15,997,359$837,367$254,082,427