Can I retire at age 40 with 2,290,000?

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 $2,290,000?

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$189,106$187,422$185,778$184,174$182,608$181,533
2 years$93,617$91,873$90,184$88,545$86,956$85,872
3 years$61,791$60,040$58,355$56,732$55,169$54,108
4 years$45,882$44,136$42,467$40,872$39,347$38,319
5 years$36,338$34,603$32,956$31,394$29,911$28,918
6 years$29,978$28,256$26,634$25,106$23,667$22,711
7 years$25,437$23,729$22,133$20,641$19,248$18,329
8 years$22,033$20,340$18,770$17,315$15,968$15,086
9 years$19,386$17,710$16,167$14,749$13,447$12,602
10 years$17,270$15,611$14,095$12,713$11,458$10,649
11 years$15,540$13,897$12,409$11,065$9,854$9,081
12 years$14,100$12,473$11,012$9,705$8,539$7,801
13 years$12,882$11,272$9,839$8,568$7,446$6,743
14 years$11,838$10,246$8,840$7,606$6,528$5,857
15 years$10,935$9,360$7,982$6,783$5,747$5,110
16 years$10,146$8,588$7,236$6,073$5,080$4,474
17 years$9,450$7,909$6,585$5,457$4,504$3,929
18 years$8,832$7,308$6,011$4,918$4,005$3,460
19 years$8,279$6,773$5,503$4,444$3,569$3,054
20 years$7,783$6,294$5,050$4,025$3,188$2,700
21 years$7,334$5,863$4,645$3,653$2,853$2,392
22 years$6,927$5,472$4,281$3,321$2,557$2,122
23 years$6,556$5,118$3,953$3,025$2,296$1,885
24 years$6,216$4,796$3,656$2,759$2,063$1,677
25 years$5,904$4,500$3,386$2,519$1,857$1,493
26 years$5,616$4,230$3,140$2,303$1,673$1,330
27 years$5,350$3,981$2,916$2,108$1,508$1,186
28 years$5,104$3,751$2,711$1,932$1,361$1,059
29 years$4,875$3,539$2,523$1,771$1,229$945
30 years$4,661$3,342$2,350$1,626$1,110$845
31 years$4,462$3,159$2,191$1,493$1,004$755
32 years$4,276$2,989$2,044$1,372$908$675
33 years$4,101$2,831$1,908$1,262$822$604
34 years$3,937$2,683$1,783$1,161$744$541
35 years$3,783$2,545$1,667$1,069$674$484
36 years$3,637$2,415$1,560$984$610$434
37 years$3,500$2,294$1,460$907$553$388
38 years$3,370$2,180$1,367$836$502$348
39 years$3,247$2,073$1,281$771$455$312
40 years$3,131$1,972$1,200$711$413$279
41 years$3,020$1,877$1,126$656$374$250
42 years$2,916$1,788$1,056$605$340$225
43 years$2,816$1,704$991$559$308$201
44 years$2,721$1,624$930$516$280$181
45 years$2,630$1,549$873$477$254$162
46 years$2,544$1,477$820$440$231$145
47 years$2,462$1,410$771$407$209$130
48 years$2,383$1,346$724$376$190$117
49 years$2,308$1,285$681$347$173$105
50 years$2,236$1,228$640$321$157$94

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,290,000, adding $4,807 every year, while hoping to spend $44,900 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: 81/7/12 Blend
39$2,290,000$2,290,000$2,290,000$2,290,000
40$2,528,538$2,407,168$2,371,673$2,727,471
41$2,738,676$2,477,346$2,403,351$2,928,875
42$2,968,743$2,549,458$2,434,585$3,143,542
43$3,220,724$2,623,551$2,465,314$3,377,857
44$3,496,807$2,699,674$2,495,470$3,633,767
45$3,799,398$2,777,875$2,524,985$3,913,418
46$4,131,150$2,858,204$2,553,786$4,219,170
47$4,494,983$2,940,712$2,581,793$4,553,625
48$4,894,115$3,025,450$2,608,927$4,919,649
49$5,332,088$3,112,471$2,635,099$5,320,397
50$5,812,806$3,201,827$2,660,220$5,759,346
51$6,340,568$3,293,572$2,684,193$6,240,326
52$6,920,109$3,387,760$2,706,917$6,767,555
53$7,556,647$3,484,448$2,728,286$7,345,682
54$8,255,928$3,583,689$2,748,187$7,979,827
55$9,024,285$3,685,541$2,766,502$8,675,630
56$9,868,690$3,790,061$2,783,109$9,439,307
57$10,796,828$3,897,306$2,797,875$10,277,704
58$11,817,165$4,007,334$2,810,664$11,198,365
59$12,939,026$4,120,204$2,821,332$12,209,602
60$14,172,688$4,235,975$2,829,727$13,320,572
61$15,529,470$4,354,706$2,835,691$14,541,365
62$17,021,846$4,476,456$2,839,056$15,883,099
63$18,663,558$4,601,286$2,839,648$17,358,023
64$20,469,747$4,729,255$2,837,282$18,979,635
65$22,457,096$4,860,424$2,831,767$20,762,807
66$24,643,987$4,994,852$2,822,898$22,723,927
67$27,050,673$5,132,599$2,810,465$24,881,050
68$29,699,471$5,273,726$2,794,245$27,254,075
69$32,614,970$5,418,291$2,774,004$29,864,926
70$35,824,263$5,566,354$2,749,500$32,737,761
71$39,357,205$5,717,972$2,720,475$35,899,203
72$43,246,692$5,873,204$2,686,663$39,378,585
73$47,528,970$6,032,107$2,647,782$43,208,233
74$52,243,980$6,194,736$2,603,538$47,423,766
75$57,435,735$6,361,146$2,553,625$52,064,436
76$63,152,728$6,531,390$2,497,719$57,173,496
77$69,448,399$6,705,521$2,435,486$62,798,607
78$76,381,632$6,883,588$2,366,571$68,992,292
79$84,017,314$7,065,640$2,290,607$75,812,429
80$92,426,946$7,251,722$2,207,208$83,322,795
81$101,689,315$7,441,877$2,115,970$91,593,674
82$111,891,244$7,636,148$2,016,474$100,702,514
83$123,128,402$7,834,570$1,908,277$110,734,661
84$135,506,214$8,037,179$1,790,919$121,784,165
85$149,140,852$8,244,005$1,663,919$133,954,667
86$164,160,333$8,455,076$1,526,775$147,360,377
87$180,705,725$8,670,413$1,378,960$162,127,152
88$198,932,481$8,890,034$1,219,926$178,393,686
89$219,011,900$9,113,952$1,049,100$196,312,816
90$241,132,752$9,342,173$865,883$216,052,967
91$265,503,052$9,574,699$669,649$237,799,742
92$292,352,027$9,811,524$459,747$261,757,671
93$321,932,280$10,052,635$235,495$288,152,149
94$354,522,169$10,298,011$0$317,231,554
95$390,428,441$10,547,623$0$349,270,090
96$429,989,119$10,801,434$0$384,601,107
97$473,576,702$11,059,397$0$423,526,916
98$521,601,672$11,321,454$0$466,413,918
99$574,516,373$11,587,536$0$513,665,878
100$632,819,281$11,857,563$0$565,727,739