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%16.1%
1 years$189,106$187,422$185,778$184,174$182,608$178,049
2 years$93,617$91,873$90,184$88,545$86,956$82,392
3 years$61,791$60,040$58,355$56,732$55,169$50,742
4 years$45,882$44,136$42,467$40,872$39,347$35,091
5 years$36,338$34,603$32,956$31,394$29,911$25,839
6 years$29,978$28,256$26,634$25,106$23,667$19,783
7 years$25,437$23,729$22,133$20,641$19,248$15,551
8 years$22,033$20,340$18,770$17,315$15,968$12,457
9 years$19,386$17,710$16,167$14,749$13,447$10,120
10 years$17,270$15,611$14,095$12,713$11,458$8,310
11 years$15,540$13,897$12,409$11,065$9,854$6,881
12 years$14,100$12,473$11,012$9,705$8,539$5,736
13 years$12,882$11,272$9,839$8,568$7,446$4,807
14 years$11,838$10,246$8,840$7,606$6,528$4,046
15 years$10,935$9,360$7,982$6,783$5,747$3,418
16 years$10,146$8,588$7,236$6,073$5,080$2,896
17 years$9,450$7,909$6,585$5,457$4,504$2,460
18 years$8,832$7,308$6,011$4,918$4,005$2,094
19 years$8,279$6,773$5,503$4,444$3,569$1,786
20 years$7,783$6,294$5,050$4,025$3,188$1,525
21 years$7,334$5,863$4,645$3,653$2,853$1,304
22 years$6,927$5,472$4,281$3,321$2,557$1,116
23 years$6,556$5,118$3,953$3,025$2,296$956
24 years$6,216$4,796$3,656$2,759$2,063$820
25 years$5,904$4,500$3,386$2,519$1,857$703
26 years$5,616$4,230$3,140$2,303$1,673$604
27 years$5,350$3,981$2,916$2,108$1,508$518
28 years$5,104$3,751$2,711$1,932$1,361$445
29 years$4,875$3,539$2,523$1,771$1,229$383
30 years$4,661$3,342$2,350$1,626$1,110$329
31 years$4,462$3,159$2,191$1,493$1,004$283
32 years$4,276$2,989$2,044$1,372$908$243
33 years$4,101$2,831$1,908$1,262$822$209
34 years$3,937$2,683$1,783$1,161$744$180
35 years$3,783$2,545$1,667$1,069$674$155
36 years$3,637$2,415$1,560$984$610$133
37 years$3,500$2,294$1,460$907$553$115
38 years$3,370$2,180$1,367$836$502$99
39 years$3,247$2,073$1,281$771$455$85
40 years$3,131$1,972$1,200$711$413$73
41 years$3,020$1,877$1,126$656$374$63
42 years$2,916$1,788$1,056$605$340$54
43 years$2,816$1,704$991$559$308$47
44 years$2,721$1,624$930$516$280$40
45 years$2,630$1,549$873$477$254$35
46 years$2,544$1,477$820$440$231$30
47 years$2,462$1,410$771$407$209$26
48 years$2,383$1,346$724$376$190$22
49 years$2,308$1,285$681$347$173$19
50 years$2,236$1,228$640$321$157$16

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 $6,149 every year, while hoping to spend $43,261 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: 57/16/27 Blend
39$2,290,000$2,290,000$2,290,000$2,290,000
40$2,529,923$2,408,553$2,373,058$2,655,111
41$2,741,945$2,480,542$2,406,526$2,813,642
42$2,974,145$2,554,610$2,439,665$2,981,283
43$3,228,532$2,630,811$2,472,419$3,163,116
44$3,507,325$2,709,203$2,504,727$3,360,526
45$3,812,963$2,789,845$2,536,527$3,575,037
46$4,148,135$2,872,797$2,567,750$3,808,330
47$4,515,802$2,958,120$2,598,326$4,062,256
48$4,919,223$3,045,878$2,628,180$4,338,853
49$5,361,993$3,136,135$2,657,233$4,640,365
50$5,848,066$3,228,956$2,685,401$4,969,265
51$6,381,803$3,324,408$2,712,595$5,328,280
52$6,968,003$3,422,561$2,738,723$5,720,409
53$7,611,957$3,523,483$2,763,688$6,148,959
54$8,319,489$3,627,247$2,787,385$6,617,575
55$9,097,021$3,733,926$2,809,705$7,130,270
56$9,951,622$3,843,593$2,830,536$7,691,466
57$10,891,084$3,956,326$2,849,755$8,306,037
58$11,923,989$4,072,201$2,867,237$8,979,352
59$13,059,794$4,191,297$2,882,847$9,717,326
60$14,308,918$4,313,695$2,896,447$10,526,479
61$15,682,838$4,439,477$2,907,889$11,413,993
62$17,194,202$4,568,725$2,917,018$12,387,784
63$18,856,945$4,701,527$2,923,671$13,456,574
64$20,686,418$4,837,966$2,927,679$14,629,973
65$22,699,539$4,978,133$2,928,863$15,918,572
66$24,914,945$5,122,115$2,927,034$17,334,042
67$27,353,175$5,270,005$2,921,995$18,889,244
68$30,036,857$5,421,893$2,913,540$20,598,349
69$32,990,925$5,577,874$2,901,452$22,476,975
70$36,242,853$5,738,043$2,885,503$24,542,333
71$39,822,913$5,902,496$2,865,457$26,813,387
72$43,764,462$6,071,331$2,841,062$29,311,038
73$48,104,258$6,244,646$2,812,058$32,058,317
74$52,882,801$6,422,543$2,778,171$35,080,607
75$58,144,720$6,605,121$2,739,113$38,405,877
76$63,939,194$6,792,484$2,694,585$42,064,951
77$70,320,410$6,984,734$2,644,273$46,091,798
78$77,348,082$7,181,977$2,587,846$50,523,852
79$85,088,009$7,384,316$2,524,962$55,402,366
80$93,612,697$7,591,859$2,455,259$60,772,801
81$103,002,043$7,804,711$2,378,361$66,685,256
82$113,344,089$8,022,979$2,293,874$73,194,943
83$124,735,853$8,246,772$2,201,385$80,362,707
84$137,284,243$8,476,196$2,100,464$88,255,597
85$151,107,066$8,711,360$1,990,660$96,947,508
86$166,334,142$8,952,372$1,871,502$106,519,870
87$183,108,525$9,199,339$1,742,498$117,062,424
88$201,587,857$9,452,370$1,603,135$128,674,064
89$221,945,853$9,711,569$1,452,874$141,463,777
90$244,373,939$9,977,045$1,291,154$155,551,668
91$269,083,062$10,248,902$1,117,389$171,070,094
92$296,305,680$10,527,244$930,967$188,164,919
93$326,297,953$10,812,173$731,248$206,996,886
94$359,342,165$11,103,790$517,566$227,743,141
95$395,749,384$11,402,193$289,222$250,598,900
96$435,862,400$11,707,480$45,490$275,779,298
97$480,058,960$12,019,742$0$303,521,416
98$528,755,336$12,339,071$0$334,148,355
99$582,410,249$12,665,554$0$367,904,216
100$641,529,201$12,999,274$0$405,093,419