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

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 $2,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$189,106$187,422$185,778$184,174$182,608$178,193
2 years$93,617$91,873$90,184$88,545$86,956$82,535
3 years$61,791$60,040$58,355$56,732$55,169$50,879
4 years$45,882$44,136$42,467$40,872$39,347$35,222
5 years$36,338$34,603$32,956$31,394$29,911$25,962
6 years$29,978$28,256$26,634$25,106$23,667$19,899
7 years$25,437$23,729$22,133$20,641$19,248$15,660
8 years$22,033$20,340$18,770$17,315$15,968$12,560
9 years$19,386$17,710$16,167$14,749$13,447$10,215
10 years$17,270$15,611$14,095$12,713$11,458$8,398
11 years$15,540$13,897$12,409$11,065$9,854$6,963
12 years$14,100$12,473$11,012$9,705$8,539$5,812
13 years$12,882$11,272$9,839$8,568$7,446$4,877
14 years$11,838$10,246$8,840$7,606$6,528$4,111
15 years$10,935$9,360$7,982$6,783$5,747$3,478
16 years$10,146$8,588$7,236$6,073$5,080$2,951
17 years$9,450$7,909$6,585$5,457$4,504$2,510
18 years$8,832$7,308$6,011$4,918$4,005$2,140
19 years$8,279$6,773$5,503$4,444$3,569$1,827
20 years$7,783$6,294$5,050$4,025$3,188$1,563
21 years$7,334$5,863$4,645$3,653$2,853$1,338
22 years$6,927$5,472$4,281$3,321$2,557$1,147
23 years$6,556$5,118$3,953$3,025$2,296$984
24 years$6,216$4,796$3,656$2,759$2,063$845
25 years$5,904$4,500$3,386$2,519$1,857$726
26 years$5,616$4,230$3,140$2,303$1,673$625
27 years$5,350$3,981$2,916$2,108$1,508$537
28 years$5,104$3,751$2,711$1,932$1,361$462
29 years$4,875$3,539$2,523$1,771$1,229$398
30 years$4,661$3,342$2,350$1,626$1,110$343
31 years$4,462$3,159$2,191$1,493$1,004$295
32 years$4,276$2,989$2,044$1,372$908$254
33 years$4,101$2,831$1,908$1,262$822$219
34 years$3,937$2,683$1,783$1,161$744$189
35 years$3,783$2,545$1,667$1,069$674$163
36 years$3,637$2,415$1,560$984$610$140
37 years$3,500$2,294$1,460$907$553$121
38 years$3,370$2,180$1,367$836$502$104
39 years$3,247$2,073$1,281$771$455$90
40 years$3,131$1,972$1,200$711$413$78
41 years$3,020$1,877$1,126$656$374$67
42 years$2,916$1,788$1,056$605$340$58
43 years$2,816$1,704$991$559$308$50
44 years$2,721$1,624$930$516$280$43
45 years$2,630$1,549$873$477$254$37
46 years$2,544$1,477$820$440$231$32
47 years$2,462$1,410$771$407$209$28
48 years$2,383$1,346$724$376$190$24
49 years$2,308$1,285$681$347$173$21
50 years$2,236$1,228$640$321$157$18

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 $5,038 every year, while hoping to spend $54,894 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: 45/28/27 Blend
39$2,290,000$2,290,000$2,290,000$2,290,000
40$2,528,777$2,407,407$2,371,912$2,622,637
41$2,728,305$2,466,963$2,392,964$2,749,318
42$2,946,346$2,527,597$2,412,882$2,880,938
43$3,184,729$2,589,305$2,431,569$3,022,622
44$3,445,469$2,652,079$2,448,924$3,175,338
45$3,730,786$2,715,910$2,464,842$3,340,156
46$4,043,122$2,780,786$2,479,211$3,518,251
47$4,385,168$2,846,692$2,491,912$3,710,921
48$4,759,887$2,913,611$2,502,822$3,919,597
49$5,170,541$2,981,524$2,511,812$4,145,853
50$5,620,723$3,050,406$2,518,746$4,391,427
51$6,114,393$3,120,232$2,523,479$4,658,235
52$6,655,907$3,190,970$2,525,863$4,948,387
53$7,250,069$3,262,586$2,525,738$5,264,209
54$7,902,166$3,335,042$2,522,940$5,608,268
55$8,618,023$3,408,296$2,517,294$5,983,391
56$9,404,057$3,482,298$2,508,620$6,392,696
57$10,267,337$3,556,997$2,496,725$6,839,619
58$11,215,650$3,632,334$2,481,409$7,327,950
59$12,257,573$3,708,246$2,462,464$7,861,864
60$13,402,558$3,784,662$2,439,669$8,445,966
61$14,661,014$3,861,506$2,412,793$9,085,334
62$16,044,412$3,938,694$2,381,596$9,785,562
63$17,565,388$4,016,136$2,345,825$10,552,820
64$19,237,863$4,093,732$2,305,216$11,393,911
65$21,077,176$4,171,376$2,259,491$12,316,330
66$23,100,226$4,248,952$2,208,363$13,328,345
67$25,325,632$4,326,333$2,151,526$14,439,067
68$27,773,909$4,403,386$2,088,665$15,658,541
69$30,467,660$4,479,964$2,019,447$16,997,842
70$33,431,789$4,555,910$1,943,526$18,469,176
71$36,693,736$4,631,055$1,860,539$20,086,000
72$40,283,737$4,705,216$1,770,107$21,863,150
73$44,235,107$4,778,200$1,671,834$23,816,979
74$48,584,552$4,849,796$1,565,305$25,965,513
75$53,372,521$4,919,781$1,450,087$28,328,623
76$58,643,582$4,987,914$1,325,729$30,928,215
77$64,446,843$5,053,938$1,191,757$33,788,435
78$70,836,419$5,117,578$1,047,678$36,935,899
79$77,871,934$5,178,540$892,976$40,399,946
80$85,619,094$5,236,511$727,113$44,212,917
81$94,150,296$5,291,155$549,526$48,410,459
82$103,545,321$5,342,116$359,629$53,031,867
83$113,892,076$5,389,012$156,809$58,120,451
84$125,287,431$5,431,437$0$63,723,954
85$137,838,132$5,468,960$0$69,912,176
86$151,661,802$5,501,120$0$76,775,265
87$166,888,059$5,527,428$0$84,332,130
88$183,659,731$5,547,362$0$92,653,445
89$202,134,210$5,560,369$0$101,817,097
90$222,484,934$5,565,862$0$111,908,919
91$244,903,022$5,563,214$0$123,023,502
92$269,599,081$5,551,762$0$135,265,089
93$296,805,190$5,530,801$0$148,748,560
94$326,777,092$5,499,583$0$163,600,515
95$359,796,609$5,457,316$0$179,960,476
96$396,174,296$5,403,158$0$197,982,198
97$436,252,379$5,336,217$0$217,835,126
98$480,407,977$5,255,547$0$239,705,994
99$529,056,668$5,160,146$0$263,800,592
100$582,656,409$5,048,954$0$290,345,706