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%13.8%
1 years$187,454$185,785$184,156$182,566$181,013$178,161
2 years$92,799$91,071$89,396$87,772$86,197$83,331
3 years$61,252$59,516$57,845$56,236$54,687$51,896
4 years$45,481$43,750$42,096$40,515$39,003$36,309
5 years$36,021$34,301$32,669$31,119$29,649$27,060
6 years$29,716$28,009$26,401$24,887$23,461$20,979
7 years$25,215$23,522$21,939$20,461$19,080$16,706
8 years$21,840$20,163$18,606$17,164$15,829$13,563
9 years$19,217$17,555$16,026$14,620$13,330$11,171
10 years$17,120$15,474$13,972$12,602$11,358$9,303
11 years$15,405$13,776$12,300$10,968$9,768$7,817
12 years$13,977$12,364$10,916$9,620$8,465$6,614
13 years$12,769$11,174$9,753$8,493$7,381$5,628
14 years$11,735$10,157$8,763$7,539$6,471$4,812
15 years$10,840$9,278$7,912$6,724$5,697$4,130
16 years$10,057$8,513$7,173$6,020$5,035$3,557
17 years$9,367$7,840$6,527$5,409$4,465$3,072
18 years$8,755$7,244$5,959$4,875$3,970$2,659
19 years$8,207$6,714$5,455$4,405$3,538$2,306
20 years$7,715$6,239$5,006$3,989$3,160$2,004
21 years$7,270$5,811$4,605$3,621$2,828$1,744
22 years$6,867$5,425$4,244$3,292$2,535$1,519
23 years$6,499$5,074$3,919$2,998$2,276$1,325
24 years$6,162$4,754$3,624$2,734$2,045$1,157
25 years$5,852$4,461$3,357$2,497$1,841$1,011
26 years$5,567$4,193$3,113$2,283$1,658$884
27 years$5,304$3,946$2,891$2,090$1,495$773
28 years$5,059$3,718$2,687$1,915$1,349$677
29 years$4,832$3,508$2,501$1,756$1,218$593
30 years$4,621$3,313$2,329$1,612$1,100$519
31 years$4,423$3,131$2,172$1,480$995$455
32 years$4,238$2,963$2,026$1,360$900$399
33 years$4,065$2,806$1,892$1,251$814$350
34 years$3,903$2,659$1,768$1,151$737$307
35 years$3,750$2,522$1,653$1,059$668$269
36 years$3,605$2,394$1,546$976$605$236
37 years$3,469$2,274$1,447$899$548$208
38 years$3,341$2,161$1,355$829$497$182
39 years$3,219$2,055$1,270$764$451$160
40 years$3,103$1,955$1,190$705$409$140
41 years$2,994$1,861$1,116$650$371$123
42 years$2,890$1,772$1,047$600$337$108
43 years$2,791$1,689$982$554$306$95
44 years$2,697$1,610$922$511$277$84
45 years$2,607$1,535$866$472$252$73
46 years$2,522$1,464$813$436$229$64
47 years$2,440$1,397$764$403$208$57
48 years$2,362$1,334$718$372$189$50
49 years$2,288$1,274$675$344$171$44
50 years$2,216$1,217$634$318$156$38

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 $3,626 every year, while hoping to spend $21,080 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: 41/44/15 Blend
39$2,270,000$2,270,000$2,270,000$2,270,000
40$2,505,280$2,384,970$2,349,785$2,596,762
41$2,738,390$2,479,405$2,406,074$2,756,189
42$2,994,570$2,577,760$2,463,542$2,926,291
43$3,276,152$2,680,206$2,522,207$3,109,944
44$3,585,704$2,786,920$2,582,084$3,308,395
45$3,926,054$2,898,088$2,643,193$3,523,009
46$4,300,320$3,013,903$2,705,549$3,755,287
47$4,711,937$3,134,568$2,769,168$4,006,877
48$5,164,687$3,260,295$2,834,068$4,279,588
49$5,662,740$3,391,304$2,900,265$4,575,409
50$6,210,689$3,527,828$2,967,773$4,896,525
51$6,813,595$3,670,107$3,036,609$5,245,335
52$7,477,034$3,818,394$3,106,787$5,624,479
53$8,207,149$3,972,954$3,178,323$6,036,856
54$9,010,712$4,134,062$3,251,230$6,485,655
55$9,895,181$4,302,007$3,325,522$6,974,382
56$10,868,774$4,477,090$3,401,212$7,506,891
57$11,940,549$4,659,628$3,478,313$8,087,422
58$13,120,485$4,849,949$3,556,837$8,720,638
59$14,419,578$5,048,400$3,636,793$9,411,668
60$15,849,943$5,255,339$3,718,194$10,166,154
61$17,424,931$5,471,145$3,801,048$10,990,305
62$19,159,255$5,696,212$3,885,364$11,890,950
63$21,069,124$5,930,952$3,971,149$12,875,605
64$23,172,403$6,175,797$4,058,410$13,952,542
65$25,488,774$6,431,197$4,147,153$15,130,863
66$28,039,928$6,697,624$4,237,382$16,420,587
67$30,849,765$6,975,573$4,329,099$17,832,741
68$33,944,623$7,265,558$4,422,306$19,379,463
69$37,353,525$7,568,120$4,517,003$21,074,116
70$41,108,451$7,883,825$4,613,189$22,931,409
71$45,244,643$8,213,262$4,710,860$24,967,539
72$49,800,934$8,557,050$4,810,012$27,200,335
73$54,820,120$8,915,835$4,910,638$29,649,430
74$60,349,357$9,290,296$5,012,729$32,336,443
75$66,440,609$9,681,138$5,116,274$35,285,177
76$73,151,142$10,089,104$5,221,259$38,521,844
77$80,544,056$10,514,969$5,327,669$42,075,312
78$88,688,891$10,959,543$5,435,487$45,977,371
79$97,662,272$11,423,675$5,544,690$50,263,030
80$107,548,643$11,908,254$5,655,256$54,970,850
81$118,441,055$12,414,209$5,767,158$60,143,298
82$130,442,050$12,942,513$5,880,365$65,827,149
83$143,664,627$13,494,184$5,994,846$72,073,923
84$158,233,308$14,070,288$6,110,562$78,940,367
85$174,285,314$14,671,940$6,227,474$86,488,991
86$191,971,858$15,300,308$6,345,537$94,788,646
87$211,459,578$15,956,613$6,464,702$103,915,181
88$232,932,102$16,642,134$6,584,917$113,952,144
89$256,591,789$17,358,211$6,706,124$124,991,573
90$282,661,633$18,106,245$6,828,261$137,134,861
91$311,387,372$18,887,704$6,951,260$150,493,704
92$343,039,805$19,704,122$7,075,049$165,191,150
93$377,917,351$20,557,110$7,199,548$181,362,763
94$416,348,861$21,448,349$7,324,674$199,157,889
95$458,696,731$22,379,603$7,450,336$218,741,064
96$505,360,311$23,352,718$7,576,436$240,293,561
97$556,779,687$24,369,626$7,702,872$264,015,094
98$613,439,828$25,432,350$7,829,530$290,125,699
99$675,875,164$26,543,008$7,956,292$318,867,802
100$744,674,635$27,703,820$8,083,033$350,508,503