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%14.3%
1 years$199,016$197,243$195,513$193,825$192,177$188,760
2 years$98,523$96,688$94,909$93,185$91,513$88,082
3 years$65,029$63,186$61,413$59,705$58,059$54,722
4 years$48,286$46,449$44,693$43,014$41,408$38,190
5 years$38,243$36,416$34,683$33,039$31,478$28,387
6 years$31,549$29,737$28,029$26,421$24,908$21,948
7 years$26,770$24,973$23,292$21,722$20,256$17,429
8 years$23,187$21,406$19,754$18,222$16,805$14,109
9 years$20,402$18,638$17,014$15,521$14,152$11,586
10 years$18,175$16,429$14,833$13,380$12,058$9,620
11 years$16,355$14,625$13,059$11,644$10,370$8,057
12 years$14,839$13,127$11,589$10,214$8,987$6,795
13 years$13,557$11,863$10,354$9,017$7,837$5,764
14 years$12,459$10,783$9,303$8,004$6,870$4,911
15 years$11,508$9,851$8,400$7,138$6,049$4,201
16 years$10,677$9,038$7,616$6,392$5,346$3,605
17 years$9,945$8,323$6,930$5,743$4,740$3,102
18 years$9,294$7,691$6,326$5,176$4,214$2,676
19 years$8,713$7,128$5,791$4,677$3,756$2,312
20 years$8,191$6,624$5,315$4,236$3,355$2,002
21 years$7,719$6,170$4,889$3,844$3,003$1,735
22 years$7,290$5,759$4,506$3,495$2,691$1,506
23 years$6,899$5,387$4,160$3,183$2,416$1,308
24 years$6,542$5,047$3,848$2,903$2,172$1,138
25 years$6,213$4,736$3,564$2,651$1,954$990
26 years$5,911$4,451$3,305$2,424$1,760$862
27 years$5,631$4,189$3,069$2,219$1,587$751
28 years$5,371$3,947$2,853$2,033$1,432$655
29 years$5,130$3,724$2,655$1,864$1,293$571
30 years$4,906$3,517$2,473$1,711$1,168$499
31 years$4,696$3,325$2,306$1,571$1,056$435
32 years$4,500$3,146$2,151$1,444$955$380
33 years$4,316$2,979$2,008$1,328$865$332
34 years$4,143$2,823$1,877$1,222$783$290
35 years$3,981$2,678$1,755$1,125$709$253
36 years$3,828$2,542$1,641$1,036$642$221
37 years$3,683$2,414$1,536$954$582$193
38 years$3,547$2,294$1,439$880$528$169
39 years$3,417$2,182$1,348$811$479$148
40 years$3,295$2,076$1,263$748$434$129
41 years$3,179$1,976$1,185$690$394$113
42 years$3,068$1,882$1,111$637$357$99
43 years$2,963$1,793$1,043$588$324$86
44 years$2,863$1,709$979$543$294$76
45 years$2,768$1,630$919$501$267$66
46 years$2,677$1,555$863$463$243$58
47 years$2,591$1,484$811$428$220$51
48 years$2,508$1,416$762$395$200$44
49 years$2,429$1,353$716$365$182$39
50 years$2,353$1,292$673$338$165$34

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 $6,073 every year, while hoping to spend $55,001 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: 44/33/23 Blend
39$2,410,000$2,410,000$2,410,000$2,410,000
40$2,662,084$2,534,354$2,496,999$2,761,227
41$2,875,096$2,600,017$2,522,128$2,897,671
42$3,107,992$2,667,054$2,546,255$3,039,665
43$3,362,742$2,735,474$2,569,289$3,192,479
44$3,641,515$2,805,285$2,591,134$3,357,145
45$3,946,699$2,876,494$2,611,687$3,534,797
46$4,280,925$2,949,106$2,630,841$3,726,690
47$4,647,090$3,023,122$2,648,485$3,934,200
48$5,048,384$3,098,545$2,664,499$4,158,848
49$5,488,318$3,175,374$2,678,760$4,402,306
50$5,970,764$3,253,604$2,691,135$4,666,420
51$6,499,982$3,333,231$2,701,489$4,953,220
52$7,080,667$3,414,246$2,709,675$5,264,946
53$7,717,989$3,496,638$2,715,543$5,604,065
54$8,417,643$3,580,392$2,718,933$5,973,297
55$9,185,903$3,665,492$2,719,678$6,375,636
56$10,029,680$3,751,916$2,717,601$6,814,386
57$10,956,586$3,839,639$2,712,520$7,293,186
58$11,975,010$3,928,633$2,704,241$7,816,046
59$13,094,189$4,018,864$2,692,562$8,387,388
60$14,324,303$4,110,295$2,677,269$9,012,082
61$15,676,566$4,202,883$2,658,142$9,695,501
62$17,163,331$4,296,581$2,634,946$10,443,561
63$18,798,212$4,391,334$2,607,437$11,262,786
64$20,596,202$4,487,082$2,575,359$12,160,367
65$22,573,826$4,583,761$2,538,445$13,144,228
66$24,749,288$4,681,296$2,496,414$14,223,105
67$27,142,643$4,779,608$2,448,972$15,406,626
68$29,775,992$4,878,608$2,395,812$16,705,403
69$32,673,684$4,978,200$2,336,612$18,131,133
70$35,862,548$5,078,280$2,271,037$19,696,708
71$39,372,144$5,178,732$2,198,733$21,416,339
72$43,235,045$5,279,432$2,119,332$23,305,689
73$47,487,140$5,380,245$2,032,451$25,382,023
74$52,167,977$5,481,025$1,937,686$27,664,369
75$57,321,128$5,581,613$1,834,616$30,173,703
76$62,994,610$5,681,839$1,722,802$32,933,141
77$69,241,328$5,781,517$1,601,785$35,968,164
78$76,119,582$5,880,450$1,471,083$39,306,858
79$83,693,610$5,978,423$1,330,195$42,980,177
80$92,034,199$6,075,206$1,178,597$47,022,242
81$101,219,349$6,170,553$1,015,742$51,470,657
82$111,335,010$6,264,198$841,057$56,366,871
83$122,475,895$6,355,857$653,946$61,756,567
84$134,746,368$6,445,226$453,785$67,690,098
85$148,261,435$6,531,979$239,924$74,222,960
86$163,147,822$6,615,767$11,682$81,416,319
87$179,545,179$6,696,218$0$89,337,589
88$197,607,388$6,772,934$0$98,117,983
89$217,504,024$6,845,490$0$107,789,243
90$239,421,948$6,913,433$0$118,438,946
91$263,567,075$6,976,279$0$130,166,767
92$290,166,314$7,033,514$0$143,082,550
93$319,469,709$7,084,588$0$157,307,346
94$351,752,804$7,128,917$0$172,974,556
95$387,319,236$7,165,879$0$190,231,191
96$426,503,604$7,194,814$0$209,239,262
97$469,674,629$7,215,017$0$230,177,307
98$517,238,630$7,225,742$0$253,242,084
99$569,643,360$7,226,193$0$278,650,421
100$627,382,234$7,215,528$0$306,641,273