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

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 $2,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$187,454$185,785$184,156$182,566$181,013$175,149
2 years$92,799$91,071$89,396$87,772$86,197$80,343
3 years$61,252$59,516$57,845$56,236$54,687$49,028
4 years$45,481$43,750$42,096$40,515$39,003$33,583
5 years$36,021$34,301$32,669$31,119$29,649$24,482
6 years$29,716$28,009$26,401$24,887$23,461$18,550
7 years$25,215$23,522$21,939$20,461$19,080$14,426
8 years$21,840$20,163$18,606$17,164$15,829$11,427
9 years$19,217$17,555$16,026$14,620$13,330$9,177
10 years$17,120$15,474$13,972$12,602$11,358$7,446
11 years$15,405$13,776$12,300$10,968$9,768$6,091
12 years$13,977$12,364$10,916$9,620$8,465$5,014
13 years$12,769$11,174$9,753$8,493$7,381$4,149
14 years$11,735$10,157$8,763$7,539$6,471$3,447
15 years$10,840$9,278$7,912$6,724$5,697$2,873
16 years$10,057$8,513$7,173$6,020$5,035$2,401
17 years$9,367$7,840$6,527$5,409$4,465$2,012
18 years$8,755$7,244$5,959$4,875$3,970$1,688
19 years$8,207$6,714$5,455$4,405$3,538$1,419
20 years$7,715$6,239$5,006$3,989$3,160$1,195
21 years$7,270$5,811$4,605$3,621$2,828$1,006
22 years$6,867$5,425$4,244$3,292$2,535$849
23 years$6,499$5,074$3,919$2,998$2,276$716
24 years$6,162$4,754$3,624$2,734$2,045$605
25 years$5,852$4,461$3,357$2,497$1,841$511
26 years$5,567$4,193$3,113$2,283$1,658$432
27 years$5,304$3,946$2,891$2,090$1,495$365
28 years$5,059$3,718$2,687$1,915$1,349$309
29 years$4,832$3,508$2,501$1,756$1,218$262
30 years$4,621$3,313$2,329$1,612$1,100$221
31 years$4,423$3,131$2,172$1,480$995$187
32 years$4,238$2,963$2,026$1,360$900$159
33 years$4,065$2,806$1,892$1,251$814$134
34 years$3,903$2,659$1,768$1,151$737$114
35 years$3,750$2,522$1,653$1,059$668$96
36 years$3,605$2,394$1,546$976$605$82
37 years$3,469$2,274$1,447$899$548$69
38 years$3,341$2,161$1,355$829$497$59
39 years$3,219$2,055$1,270$764$451$50
40 years$3,103$1,955$1,190$705$409$42
41 years$2,994$1,861$1,116$650$371$36
42 years$2,890$1,772$1,047$600$337$30
43 years$2,791$1,689$982$554$306$26
44 years$2,697$1,610$922$511$277$22
45 years$2,607$1,535$866$472$252$18
46 years$2,522$1,464$813$436$229$16
47 years$2,440$1,397$764$403$208$13
48 years$2,362$1,334$718$372$189$11
49 years$2,288$1,274$675$344$171$9
50 years$2,216$1,217$634$318$156$8

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 $3,634 every year, while hoping to spend $48,187 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: 65/14/21 Blend
39$2,270,000$2,270,000$2,270,000$2,270,000
40$2,505,288$2,384,978$2,349,793$2,654,483
41$2,709,557$2,450,572$2,377,241$2,820,803
42$2,933,047$2,517,764$2,403,993$2,996,692
43$3,177,666$2,586,583$2,429,975$3,187,792
44$3,445,518$2,657,056$2,455,109$3,395,597
45$3,738,918$2,729,209$2,479,313$3,621,751
46$4,060,417$2,803,070$2,502,499$3,868,067
47$4,412,823$2,878,663$2,524,577$4,136,540
48$4,799,229$2,956,016$2,545,448$4,429,368
49$5,223,042$3,035,152$2,565,012$4,748,974
50$5,688,014$3,116,096$2,583,161$5,098,026
51$6,198,278$3,198,871$2,599,784$5,479,463
52$6,758,386$3,283,500$2,614,761$5,896,525
53$7,373,354$3,370,005$2,627,968$6,352,779
54$8,048,706$3,458,404$2,639,274$6,852,157
55$8,790,526$3,548,719$2,648,542$7,398,992
56$9,605,519$3,640,965$2,655,628$7,998,057
57$10,501,070$3,735,160$2,660,379$8,654,610
58$11,485,314$3,831,318$2,662,637$9,374,449
59$12,567,214$3,929,451$2,662,234$10,163,958
60$13,756,646$4,029,570$2,658,995$11,030,175
61$15,064,489$4,131,684$2,652,736$11,980,855
62$16,502,729$4,235,798$2,643,264$13,024,541
63$18,084,571$4,341,917$2,630,378$14,170,651
64$19,824,566$4,450,039$2,613,864$15,429,561
65$21,738,745$4,560,164$2,593,502$16,812,705
66$23,844,771$4,672,286$2,569,057$18,332,684
67$26,162,104$4,786,394$2,540,287$20,003,385
68$28,712,188$4,902,477$2,506,936$21,840,110
69$31,518,649$5,020,516$2,468,737$23,859,722
70$34,607,521$5,140,491$2,425,409$26,080,805
71$38,007,487$5,262,375$2,376,659$28,523,839
72$41,750,155$5,386,135$2,322,182$31,211,392
73$45,870,351$5,511,736$2,261,655$34,168,337
74$50,406,450$5,639,135$2,194,744$37,422,082
75$55,400,737$5,768,281$2,121,097$41,002,833
76$60,899,806$5,899,120$2,040,347$44,943,876
77$66,954,997$6,031,588$1,952,110$49,281,897
78$73,622,885$6,165,615$1,855,984$54,057,322
79$80,965,810$6,301,121$1,751,550$59,314,702
80$89,052,466$6,438,018$1,638,370$65,103,134
81$97,958,546$6,576,210$1,515,984$71,476,727
82$107,767,463$6,715,589$1,383,915$78,495,107
83$118,571,129$6,856,038$1,241,661$86,223,987
84$130,470,828$6,997,428$1,088,700$94,735,785
85$143,578,168$7,139,617$924,487$104,110,305
86$158,016,134$7,282,452$748,451$114,435,499
87$173,920,253$7,425,765$559,997$125,808,288
88$191,439,865$7,569,374$358,503$138,335,485
89$210,739,540$7,713,082$143,322$152,134,802
90$232,000,626$7,856,675$0$167,335,959
91$255,422,960$7,999,923$0$184,101,257
92$281,226,758$8,142,575$0$202,604,425
93$309,654,689$8,284,362$0$222,987,100
94$340,974,167$8,424,996$0$245,440,787
95$375,479,874$8,564,164$0$270,176,520
96$413,496,544$8,701,530$0$297,426,854
97$455,382,022$8,836,736$0$327,448,062
98$501,530,648$8,969,395$0$360,522,550
99$552,376,972$9,099,094$0$396,961,525
100$608,399,863$9,225,389$0$437,107,934