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

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 $2,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$190,758$189,058$187,401$185,783$184,203$181,002
2 years$94,434$92,676$90,971$89,319$87,716$84,501
3 years$62,331$60,565$58,864$57,227$55,650$52,523
4 years$46,282$44,521$42,838$41,229$39,690$36,673
5 years$36,656$34,905$33,244$31,668$30,172$27,274
6 years$30,240$28,503$26,866$25,325$23,874$21,099
7 years$25,659$23,937$22,326$20,821$19,416$16,764
8 years$22,225$20,518$18,934$17,466$16,107$13,578
9 years$19,556$17,865$16,308$14,877$13,565$11,157
10 years$17,421$15,747$14,218$12,824$11,558$9,270
11 years$15,676$14,019$12,517$11,161$9,940$7,769
12 years$14,223$12,582$11,109$9,790$8,614$6,556
13 years$12,994$11,371$9,925$8,643$7,512$5,564
14 years$11,942$10,336$8,917$7,672$6,585$4,745
15 years$11,031$9,442$8,051$6,842$5,798$4,062
16 years$10,234$8,663$7,300$6,127$5,124$3,488
17 years$9,532$7,978$6,642$5,505$4,543$3,004
18 years$8,909$7,372$6,064$4,961$4,040$2,592
19 years$8,352$6,832$5,551$4,482$3,601$2,242
20 years$7,851$6,349$5,094$4,060$3,216$1,942
21 years$7,398$5,914$4,686$3,684$2,878$1,685
22 years$6,988$5,520$4,319$3,350$2,580$1,463
23 years$6,613$5,163$3,988$3,051$2,316$1,272
24 years$6,270$4,837$3,688$2,783$2,081$1,107
25 years$5,956$4,540$3,416$2,541$1,873$965
26 years$5,665$4,267$3,168$2,324$1,687$841
27 years$5,397$4,015$2,942$2,127$1,521$733
28 years$5,148$3,784$2,735$1,949$1,372$640
29 years$4,917$3,569$2,545$1,787$1,239$558
30 years$4,702$3,371$2,370$1,640$1,120$488
31 years$4,501$3,187$2,210$1,506$1,012$426
32 years$4,313$3,015$2,062$1,384$916$372
33 years$4,137$2,855$1,925$1,273$829$325
34 years$3,971$2,706$1,799$1,171$750$285
35 years$3,816$2,567$1,682$1,078$680$249
36 years$3,669$2,436$1,573$993$616$218
37 years$3,530$2,314$1,472$915$558$190
38 years$3,399$2,199$1,379$843$506$167
39 years$3,276$2,091$1,292$778$459$146
40 years$3,158$1,990$1,211$717$416$127
41 years$3,047$1,894$1,135$662$378$112
42 years$2,941$1,804$1,065$611$343$98
43 years$2,840$1,719$999$564$311$85
44 years$2,745$1,638$938$520$282$75
45 years$2,653$1,562$881$481$256$65
46 years$2,566$1,490$827$444$233$57
47 years$2,483$1,422$777$410$211$50
48 years$2,404$1,358$730$379$192$44
49 years$2,328$1,296$687$350$174$38
50 years$2,255$1,238$645$324$158$34

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 $5,737 every year, while hoping to spend $59,183 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: 22/48/30 Blend
39$2,310,000$2,310,000$2,310,000$2,310,000
40$2,551,538$2,429,108$2,393,303$2,583,411
41$2,748,824$2,485,164$2,410,508$2,668,660
42$2,964,251$2,541,983$2,426,306$2,754,506
43$3,199,604$2,599,540$2,440,588$2,845,089
44$3,456,854$2,657,807$2,453,237$2,940,836
45$3,738,165$2,716,753$2,464,133$3,042,217
46$4,045,925$2,776,341$2,473,149$3,149,755
47$4,382,760$2,836,532$2,480,150$3,264,026
48$4,751,564$2,897,284$2,484,997$3,385,665
49$5,155,520$2,958,548$2,487,541$3,515,375
50$5,598,138$3,020,271$2,487,629$3,653,932
51$6,083,281$3,082,398$2,485,097$3,802,193
52$6,615,203$3,144,863$2,479,776$3,961,107
53$7,198,592$3,207,599$2,471,486$4,131,718
54$7,838,608$3,270,531$2,460,041$4,315,184
55$8,540,938$3,333,579$2,445,243$4,512,781
56$9,311,843$3,396,653$2,426,888$4,725,919
57$10,158,222$3,459,660$2,404,760$4,956,156
58$11,087,673$3,522,496$2,378,632$5,205,213
59$12,108,568$3,585,051$2,348,269$5,474,990
60$13,230,127$3,647,204$2,313,421$5,767,586
61$14,462,510$3,708,827$2,273,831$6,085,319
62$15,816,908$3,769,781$2,229,226$6,430,748
63$17,305,650$3,829,917$2,179,322$6,806,698
64$18,942,319$3,889,076$2,123,822$7,216,292
65$20,741,880$3,947,085$2,062,414$7,662,974
66$22,720,821$4,003,762$1,994,775$8,150,548
67$24,897,307$4,058,908$1,920,562$8,683,214
68$27,291,352$4,112,314$1,839,420$9,265,608
69$29,925,006$4,163,755$1,750,978$9,902,848
70$32,822,567$4,212,989$1,654,845$10,600,582
71$36,010,803$4,259,759$1,550,616$11,365,044
72$39,519,209$4,303,792$1,437,867$12,203,118
73$43,380,285$4,344,794$1,316,152$13,122,395
74$47,629,840$4,382,454$1,185,008$14,131,258
75$52,307,329$4,416,440$1,043,951$15,238,956
76$57,456,228$4,446,397$892,475$16,455,693
77$63,124,442$4,471,949$730,052$17,792,730
78$69,364,755$4,492,695$556,129$19,262,492
79$76,235,331$4,508,209$370,131$20,878,687
80$83,800,261$4,518,037$171,456$22,656,439
81$92,130,164$4,521,697$0$24,612,432
82$101,302,860$4,518,679$0$26,778,058
83$111,404,095$4,508,438$0$29,220,048
84$122,528,360$4,490,399$0$31,906,078
85$134,779,773$4,463,948$0$34,861,080
86$148,273,066$4,428,438$0$38,112,541
87$163,134,666$4,383,178$0$41,690,764
88$179,503,888$4,327,440$0$45,629,154
89$197,534,249$4,260,450$0$49,964,539
90$217,394,918$4,181,388$0$54,737,517
91$239,272,309$4,089,385$0$59,992,843
92$263,371,841$3,983,521$0$65,779,854
93$289,919,879$3,862,824$0$72,152,936
94$319,165,867$3,726,262$0$79,172,044
95$351,384,681$3,572,745$0$86,903,267
96$386,879,227$3,401,118$0$95,419,457
97$425,983,296$3,210,160$0$104,800,922
98$469,064,715$2,998,581$0$115,136,185
99$516,528,819$2,765,015$0$126,522,826
100$568,822,276$2,508,018$0$139,068,404