Can I retire at age 40 with 2,310,000?

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 $2,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$190,758$189,058$187,401$185,783$184,203$180,336
2 years$94,434$92,676$90,971$89,319$87,716$83,838
3 years$62,331$60,565$58,864$57,227$55,650$51,883
4 years$46,282$44,521$42,838$41,229$39,690$36,063
5 years$36,656$34,905$33,244$31,668$30,172$26,694
6 years$30,240$28,503$26,866$25,325$23,874$20,549
7 years$25,659$23,937$22,326$20,821$19,416$16,245
8 years$22,225$20,518$18,934$17,466$16,107$13,089
9 years$19,556$17,865$16,308$14,877$13,565$10,698
10 years$17,421$15,747$14,218$12,824$11,558$8,839
11 years$15,676$14,019$12,517$11,161$9,940$7,365
12 years$14,223$12,582$11,109$9,790$8,614$6,180
13 years$12,994$11,371$9,925$8,643$7,512$5,214
14 years$11,942$10,336$8,917$7,672$6,585$4,419
15 years$11,031$9,442$8,051$6,842$5,798$3,759
16 years$10,234$8,663$7,300$6,127$5,124$3,208
17 years$9,532$7,978$6,642$5,505$4,543$2,745
18 years$8,909$7,372$6,064$4,961$4,040$2,353
19 years$8,352$6,832$5,551$4,482$3,601$2,022
20 years$7,851$6,349$5,094$4,060$3,216$1,740
21 years$7,398$5,914$4,686$3,684$2,878$1,499
22 years$6,988$5,520$4,319$3,350$2,580$1,293
23 years$6,613$5,163$3,988$3,051$2,316$1,116
24 years$6,270$4,837$3,688$2,783$2,081$965
25 years$5,956$4,540$3,416$2,541$1,873$834
26 years$5,665$4,267$3,168$2,324$1,687$722
27 years$5,397$4,015$2,942$2,127$1,521$625
28 years$5,148$3,784$2,735$1,949$1,372$541
29 years$4,917$3,569$2,545$1,787$1,239$469
30 years$4,702$3,371$2,370$1,640$1,120$407
31 years$4,501$3,187$2,210$1,506$1,012$353
32 years$4,313$3,015$2,062$1,384$916$306
33 years$4,137$2,855$1,925$1,273$829$265
34 years$3,971$2,706$1,799$1,171$750$230
35 years$3,816$2,567$1,682$1,078$680$200
36 years$3,669$2,436$1,573$993$616$173
37 years$3,530$2,314$1,472$915$558$151
38 years$3,399$2,199$1,379$843$506$131
39 years$3,276$2,091$1,292$778$459$113
40 years$3,158$1,990$1,211$717$416$99
41 years$3,047$1,894$1,135$662$378$86
42 years$2,941$1,804$1,065$611$343$74
43 years$2,840$1,719$999$564$311$65
44 years$2,745$1,638$938$520$282$56
45 years$2,653$1,562$881$481$256$49
46 years$2,566$1,490$827$444$233$42
47 years$2,483$1,422$777$410$211$37
48 years$2,404$1,358$730$379$192$32
49 years$2,328$1,296$687$350$174$28
50 years$2,255$1,238$645$324$158$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,310,000, adding $3,570 every year, while hoping to spend $48,422 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: 62/22/16 Blend
39$2,310,000$2,310,000$2,310,000$2,310,000
40$2,549,302$2,426,872$2,391,067$2,696,954
41$2,757,811$2,494,269$2,419,648$2,864,076
42$2,985,964$2,563,344$2,447,562$3,040,646
43$3,235,715$2,634,131$2,474,738$3,232,248
44$3,509,213$2,706,659$2,501,097$3,440,347
45$3,808,827$2,780,959$2,526,559$3,666,555
46$4,137,165$2,857,064$2,551,036$3,912,645
47$4,497,098$2,935,002$2,574,438$4,180,572
48$4,891,790$3,014,804$2,596,669$4,472,489
49$5,324,723$3,096,501$2,617,628$4,790,767
50$5,799,736$3,180,120$2,637,210$5,138,015
51$6,321,054$3,265,692$2,655,302$5,517,111
52$6,893,335$3,353,243$2,671,787$5,931,223
53$7,521,705$3,442,802$2,686,542$6,383,840
54$8,211,814$3,534,395$2,699,436$6,878,807
55$8,969,885$3,628,047$2,710,334$7,420,359
56$9,802,775$3,723,782$2,719,091$8,013,163
57$10,718,034$3,821,624$2,725,557$8,662,360
58$11,723,985$3,921,595$2,729,575$9,373,613
59$12,829,793$4,023,715$2,730,977$10,153,163
60$14,045,558$4,128,002$2,729,590$11,007,885
61$15,382,405$4,234,474$2,725,232$11,945,355
62$16,852,592$4,343,146$2,717,709$12,973,921
63$18,469,626$4,454,029$2,706,822$14,102,779
64$20,248,387$4,567,136$2,692,359$15,342,066
65$22,205,269$4,682,472$2,674,100$16,702,947
66$24,358,336$4,800,043$2,651,812$18,197,728
67$26,727,493$4,919,852$2,625,255$19,839,968
68$29,334,669$5,041,897$2,594,172$21,644,609
69$32,204,028$5,166,172$2,558,299$23,628,116
70$35,362,193$5,292,669$2,517,357$25,808,630
71$38,838,503$5,421,375$2,471,054$28,206,147
72$42,665,280$5,552,273$2,419,085$30,842,696
73$46,878,145$5,685,340$2,361,130$33,742,556
74$51,516,343$5,820,549$2,296,855$36,932,481
75$56,623,121$5,957,867$2,225,911$40,441,954
76$62,246,132$6,097,256$2,147,932$44,303,463
77$68,437,885$6,238,669$2,062,535$48,552,812
78$75,256,240$6,382,054$1,969,321$53,229,455
79$82,764,955$6,527,353$1,867,872$58,376,872
80$91,034,285$6,674,498$1,757,750$64,042,976
81$100,141,647$6,823,413$1,638,499$70,280,568
82$110,172,348$6,974,013$1,509,642$77,147,838
83$121,220,392$7,126,205$1,370,680$84,708,907
84$133,389,367$7,279,884$1,221,093$93,034,442
85$146,793,419$7,434,935$1,060,336$102,202,315
86$161,558,332$7,591,231$887,841$112,298,345
87$177,822,713$7,748,633$703,015$123,417,103
88$195,739,303$7,906,988$505,239$135,662,811
89$215,476,413$8,066,132$293,865$149,150,322
90$237,219,516$8,225,881$68,219$164,006,205
91$261,172,998$8,386,041$0$180,369,943
92$287,562,084$8,546,397$0$198,424,712
93$316,634,963$8,706,718$0$218,324,787
94$348,665,136$8,866,753$0$240,245,315
95$383,953,988$9,026,232$0$264,392,153
96$422,833,640$9,184,863$0$290,992,151
97$465,670,083$9,342,332$0$320,295,294
98$512,866,625$9,498,301$0$352,577,062
99$564,867,709$9,652,405$0$388,141,029
100$622,163,096$9,804,254$0$427,321,730