Can I retire at age 40 with 2,410,000?

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 $2,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$199,016$197,243$195,513$193,825$192,177$189,383
2 years$98,523$96,688$94,909$93,185$91,513$88,704
3 years$65,029$63,186$61,413$59,705$58,059$55,323
4 years$48,286$46,449$44,693$43,014$41,408$38,765
5 years$38,243$36,416$34,683$33,039$31,478$28,936
6 years$31,549$29,737$28,029$26,421$24,908$22,470
7 years$26,770$24,973$23,292$21,722$20,256$17,923
8 years$23,187$21,406$19,754$18,222$16,805$14,576
9 years$20,402$18,638$17,014$15,521$14,152$12,027
10 years$18,175$16,429$14,833$13,380$12,058$10,035
11 years$16,355$14,625$13,059$11,644$10,370$8,447
12 years$14,839$13,127$11,589$10,214$8,987$7,161
13 years$13,557$11,863$10,354$9,017$7,837$6,106
14 years$12,459$10,783$9,303$8,004$6,870$5,231
15 years$11,508$9,851$8,400$7,138$6,049$4,499
16 years$10,677$9,038$7,616$6,392$5,346$3,883
17 years$9,945$8,323$6,930$5,743$4,740$3,360
18 years$9,294$7,691$6,326$5,176$4,214$2,915
19 years$8,713$7,128$5,791$4,677$3,756$2,534
20 years$8,191$6,624$5,315$4,236$3,355$2,207
21 years$7,719$6,170$4,889$3,844$3,003$1,924
22 years$7,290$5,759$4,506$3,495$2,691$1,680
23 years$6,899$5,387$4,160$3,183$2,416$1,469
24 years$6,542$5,047$3,848$2,903$2,172$1,286
25 years$6,213$4,736$3,564$2,651$1,954$1,126
26 years$5,911$4,451$3,305$2,424$1,760$987
27 years$5,631$4,189$3,069$2,219$1,587$865
28 years$5,371$3,947$2,853$2,033$1,432$759
29 years$5,130$3,724$2,655$1,864$1,293$667
30 years$4,906$3,517$2,473$1,711$1,168$586
31 years$4,696$3,325$2,306$1,571$1,056$515
32 years$4,500$3,146$2,151$1,444$955$452
33 years$4,316$2,979$2,008$1,328$865$398
34 years$4,143$2,823$1,877$1,222$783$350
35 years$3,981$2,678$1,755$1,125$709$308
36 years$3,828$2,542$1,641$1,036$642$271
37 years$3,683$2,414$1,536$954$582$238
38 years$3,547$2,294$1,439$880$528$210
39 years$3,417$2,182$1,348$811$479$184
40 years$3,295$2,076$1,263$748$434$162
41 years$3,179$1,976$1,185$690$394$143
42 years$3,068$1,882$1,111$637$357$126
43 years$2,963$1,793$1,043$588$324$111
44 years$2,863$1,709$979$543$294$98
45 years$2,768$1,630$919$501$267$86
46 years$2,677$1,555$863$463$243$76
47 years$2,591$1,484$811$428$220$67
48 years$2,508$1,416$762$395$200$59
49 years$2,429$1,353$716$365$182$52
50 years$2,353$1,292$673$338$165$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,410,000, adding $6,627 every year, while hoping to spend $47,454 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: 27/48/25 Blend
39$2,410,000$2,410,000$2,410,000$2,410,000
40$2,662,656$2,534,926$2,497,571$2,713,536
41$2,883,756$2,608,646$2,530,749$2,828,421
42$3,125,818$2,684,389$2,563,448$2,947,126
43$3,390,930$2,762,202$2,595,601$3,073,593
44$3,681,391$2,842,136$2,627,140$3,208,514
45$3,999,733$2,924,241$2,657,990$3,352,650
46$4,348,746$3,008,569$2,688,073$3,506,836
47$4,731,500$3,095,172$2,717,306$3,671,990
48$5,151,381$3,184,102$2,745,602$3,849,125
49$5,612,112$3,275,414$2,772,871$4,039,351
50$6,117,800$3,369,162$2,799,015$4,243,893
51$6,672,966$3,465,401$2,823,932$4,464,099
52$7,282,590$3,564,187$2,847,515$4,701,449
53$7,952,158$3,665,577$2,869,651$4,957,576
54$8,687,715$3,769,626$2,890,221$5,234,277
55$9,495,918$3,876,395$2,909,100$5,533,529
56$10,384,103$3,985,939$2,926,156$5,857,510
57$11,360,350$4,098,319$2,941,250$6,208,619
58$12,433,562$4,213,593$2,954,239$6,589,496
59$13,613,547$4,331,820$2,964,967$7,003,051
60$14,911,111$4,453,062$2,973,276$7,452,487
61$16,338,159$4,577,377$2,978,995$7,941,335
62$17,907,809$4,704,826$2,981,949$8,473,480
63$19,634,513$4,835,469$2,981,952$9,053,208
64$21,534,194$4,969,368$2,978,808$9,685,234
65$23,624,397$5,106,582$2,972,313$10,374,757
66$25,924,452$5,247,171$2,962,252$11,127,505
67$28,455,659$5,391,196$2,948,401$11,949,786
68$31,241,488$5,538,715$2,930,523$12,848,553
69$34,307,796$5,689,789$2,908,373$13,831,466
70$37,683,078$5,844,475$2,881,689$14,906,966
71$41,398,728$6,002,832$2,850,203$16,084,354
72$45,489,343$6,164,914$2,813,629$17,373,877
73$49,993,040$6,330,780$2,771,670$18,786,830
74$54,951,824$6,500,482$2,724,015$20,335,657
75$60,411,978$6,674,073$2,670,337$22,034,071
76$66,424,502$6,851,605$2,610,295$23,897,187
77$73,045,594$7,033,127$2,543,533$25,941,657
78$80,337,181$7,218,685$2,469,677$28,185,834
79$88,367,498$7,408,326$2,388,337$30,649,944
80$97,211,740$7,602,091$2,299,103$33,356,276
81$106,952,763$7,800,019$2,201,548$36,329,391
82$117,681,871$8,002,146$2,095,227$39,596,362
83$129,499,676$8,208,506$1,979,671$43,187,018
84$142,517,046$8,419,126$1,854,393$47,134,237
85$156,856,153$8,634,031$1,718,883$51,474,250
86$172,651,623$8,853,241$1,572,608$56,246,987
87$190,051,810$9,076,770$1,415,012$61,496,452
88$209,220,191$9,304,629$1,245,512$67,271,143
89$230,336,916$9,536,821$1,063,501$73,624,506
90$253,600,498$9,773,342$868,345$80,615,441
91$279,229,696$10,014,183$659,382$88,308,862
92$307,465,574$10,259,327$435,920$96,776,309
93$338,573,776$10,508,748$197,238$106,096,622
94$372,847,037$10,762,412$0$116,356,690
95$410,607,940$11,020,276$0$127,667,603
96$452,211,967$11,282,286$0$140,176,703
97$498,050,847$11,548,378$0$153,947,844
98$548,556,261$11,818,476$0$169,109,428
99$604,203,911$12,092,492$0$185,802,949
100$665,518,010$12,370,325$0$204,184,328