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%19.1%
1 years$187,454$185,785$184,156$182,566$181,013$174,382
2 years$92,799$91,071$89,396$87,772$86,197$79,590
3 years$61,252$59,516$57,845$56,236$54,687$48,312
4 years$45,481$43,750$42,096$40,515$39,003$32,909
5 years$36,021$34,301$32,669$31,119$29,649$23,852
6 years$29,716$28,009$26,401$24,887$23,461$17,964
7 years$25,215$23,522$21,939$20,461$19,080$13,882
8 years$21,840$20,163$18,606$17,164$15,829$10,926
9 years$19,217$17,555$16,026$14,620$13,330$8,715
10 years$17,120$15,474$13,972$12,602$11,358$7,023
11 years$15,405$13,776$12,300$10,968$9,768$5,704
12 years$13,977$12,364$10,916$9,620$8,465$4,661
13 years$12,769$11,174$9,753$8,493$7,381$3,828
14 years$11,735$10,157$8,763$7,539$6,471$3,156
15 years$10,840$9,278$7,912$6,724$5,697$2,610
16 years$10,057$8,513$7,173$6,020$5,035$2,164
17 years$9,367$7,840$6,527$5,409$4,465$1,798
18 years$8,755$7,244$5,959$4,875$3,970$1,497
19 years$8,207$6,714$5,455$4,405$3,538$1,248
20 years$7,715$6,239$5,006$3,989$3,160$1,042
21 years$7,270$5,811$4,605$3,621$2,828$870
22 years$6,867$5,425$4,244$3,292$2,535$728
23 years$6,499$5,074$3,919$2,998$2,276$609
24 years$6,162$4,754$3,624$2,734$2,045$510
25 years$5,852$4,461$3,357$2,497$1,841$427
26 years$5,567$4,193$3,113$2,283$1,658$358
27 years$5,304$3,946$2,891$2,090$1,495$300
28 years$5,059$3,718$2,687$1,915$1,349$251
29 years$4,832$3,508$2,501$1,756$1,218$211
30 years$4,621$3,313$2,329$1,612$1,100$177
31 years$4,423$3,131$2,172$1,480$995$148
32 years$4,238$2,963$2,026$1,360$900$124
33 years$4,065$2,806$1,892$1,251$814$104
34 years$3,903$2,659$1,768$1,151$737$88
35 years$3,750$2,522$1,653$1,059$668$74
36 years$3,605$2,394$1,546$976$605$62
37 years$3,469$2,274$1,447$899$548$52
38 years$3,341$2,161$1,355$829$497$43
39 years$3,219$2,055$1,270$764$451$37
40 years$3,103$1,955$1,190$705$409$31
41 years$2,994$1,861$1,116$650$371$26
42 years$2,890$1,772$1,047$600$337$22
43 years$2,791$1,689$982$554$306$18
44 years$2,697$1,610$922$511$277$15
45 years$2,607$1,535$866$472$252$13
46 years$2,522$1,464$813$436$229$11
47 years$2,440$1,397$764$403$208$9
48 years$2,362$1,334$718$372$189$8
49 years$2,288$1,274$675$344$171$6
50 years$2,216$1,217$634$318$156$5

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 $4,468 every year, while hoping to spend $21,333 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: 76/6/18 Blend
39$2,270,000$2,270,000$2,270,000$2,270,000
40$2,506,149$2,385,839$2,350,654$2,686,008
41$2,739,078$2,480,047$2,406,702$2,899,809
42$2,995,051$2,578,156$2,463,914$3,131,071
43$3,276,395$2,680,335$2,522,304$3,384,060
44$3,585,676$2,786,760$2,581,890$3,660,938
45$3,925,719$2,897,615$2,642,687$3,964,085
46$4,299,637$3,013,093$2,704,712$4,296,126
47$4,710,859$3,133,394$2,767,979$4,659,946
48$5,163,165$3,258,728$2,832,505$5,058,728
49$5,660,718$3,389,316$2,898,304$5,495,975
50$6,208,105$3,525,386$2,965,391$5,975,546
51$6,810,380$3,667,178$3,033,780$6,501,692
52$7,473,112$3,814,944$3,103,485$7,079,096
53$8,202,437$3,968,944$3,174,519$7,712,915
54$9,005,116$4,129,452$3,246,896$8,408,831
55$9,888,598$4,296,756$3,320,627$9,173,104
56$10,861,092$4,471,153$3,395,725$10,012,629
57$11,931,641$4,652,958$3,472,200$10,935,003
58$13,110,213$4,842,497$3,550,062$11,948,596
59$14,407,787$5,040,111$3,629,322$13,062,628
60$15,836,464$5,246,160$3,709,987$14,287,256
61$17,409,577$5,461,015$3,792,065$15,633,673
62$19,141,818$5,685,069$3,875,564$17,114,210
63$21,049,377$5,918,731$3,960,488$18,742,452
64$23,150,091$6,162,427$4,046,843$20,533,368
65$25,463,620$6,416,605$4,134,632$22,503,450
66$28,011,624$6,681,733$4,223,856$24,670,870
67$30,817,971$6,958,300$4,314,517$27,055,649
68$33,908,964$7,246,817$4,406,614$29,679,848
69$37,313,587$7,547,820$4,500,144$32,567,776
70$41,063,778$7,861,868$4,595,103$35,746,214
71$45,194,730$8,189,546$4,691,486$39,244,676
72$49,745,227$8,531,468$4,789,285$43,095,678
73$54,758,004$8,888,274$4,888,490$47,335,054
74$60,280,156$9,260,635$4,989,090$52,002,284
75$66,363,577$9,649,251$5,091,070$57,140,874
76$73,065,455$10,054,858$5,194,414$62,798,763
77$80,448,808$10,478,222$5,299,103$69,028,773
78$88,583,079$10,920,147$5,405,116$75,889,113
79$97,544,793$11,381,474$5,512,427$83,443,921
80$107,418,278$11,863,083$5,621,010$91,763,876
81$118,296,462$12,365,894$5,730,833$100,926,857
82$130,281,749$12,890,871$5,841,864$111,018,686
83$143,486,986$13,439,021$5,954,064$122,133,929
84$158,036,526$14,011,401$6,067,393$134,376,795
85$174,067,405$14,609,114$6,181,805$147,862,116
86$191,730,636$15,233,316$6,297,251$162,716,431
87$211,192,630$15,885,217$6,413,678$179,079,180
88$232,636,770$16,566,084$6,531,027$197,104,017
89$256,265,140$17,277,241$6,649,236$216,960,266
90$282,300,435$18,020,077$6,768,236$238,834,512
91$310,988,063$18,796,044$6,887,956$262,932,367
92$342,598,457$19,606,663$7,008,314$289,480,407
93$377,429,635$20,453,524$7,129,228$318,728,311
94$415,810,006$21,338,295$7,250,605$350,951,217
95$458,101,475$22,262,720$7,372,349$386,452,319
96$504,702,857$23,228,625$7,494,355$425,565,730
97$556,053,644$24,237,924$7,616,511$468,659,632
98$612,638,151$25,292,617$7,738,699$516,139,752
99$674,990,090$26,394,802$7,860,793$568,453,194
100$743,697,605$27,546,674$7,982,656$626,092,656