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%17.3%
1 years$199,016$197,243$195,513$193,825$192,177$186,473
2 years$98,523$96,688$94,909$93,185$91,513$85,814
3 years$65,029$63,186$61,413$59,705$58,059$52,544
4 years$48,286$46,449$44,693$43,014$41,408$36,118
5 years$38,243$36,416$34,683$33,039$31,478$26,427
6 years$31,549$29,737$28,029$26,421$24,908$20,101
7 years$26,770$24,973$23,292$21,722$20,256$15,694
8 years$23,187$21,406$19,754$18,222$16,805$12,484
9 years$20,402$18,638$17,014$15,521$14,152$10,068
10 years$18,175$16,429$14,833$13,380$12,058$8,205
11 years$16,355$14,625$13,059$11,644$10,370$6,742
12 years$14,839$13,127$11,589$10,214$8,987$5,576
13 years$13,557$11,863$10,354$9,017$7,837$4,636
14 years$12,459$10,783$9,303$8,004$6,870$3,870
15 years$11,508$9,851$8,400$7,138$6,049$3,242
16 years$10,677$9,038$7,616$6,392$5,346$2,723
17 years$9,945$8,323$6,930$5,743$4,740$2,293
18 years$9,294$7,691$6,326$5,176$4,214$1,935
19 years$8,713$7,128$5,791$4,677$3,756$1,635
20 years$8,191$6,624$5,315$4,236$3,355$1,383
21 years$7,719$6,170$4,889$3,844$3,003$1,172
22 years$7,290$5,759$4,506$3,495$2,691$994
23 years$6,899$5,387$4,160$3,183$2,416$843
24 years$6,542$5,047$3,848$2,903$2,172$716
25 years$6,213$4,736$3,564$2,651$1,954$609
26 years$5,911$4,451$3,305$2,424$1,760$517
27 years$5,631$4,189$3,069$2,219$1,587$440
28 years$5,371$3,947$2,853$2,033$1,432$374
29 years$5,130$3,724$2,655$1,864$1,293$319
30 years$4,906$3,517$2,473$1,711$1,168$271
31 years$4,696$3,325$2,306$1,571$1,056$231
32 years$4,500$3,146$2,151$1,444$955$197
33 years$4,316$2,979$2,008$1,328$865$168
34 years$4,143$2,823$1,877$1,222$783$143
35 years$3,981$2,678$1,755$1,125$709$122
36 years$3,828$2,542$1,641$1,036$642$104
37 years$3,683$2,414$1,536$954$582$88
38 years$3,547$2,294$1,439$880$528$75
39 years$3,417$2,182$1,348$811$479$64
40 years$3,295$2,076$1,263$748$434$55
41 years$3,179$1,976$1,185$690$394$47
42 years$3,068$1,882$1,111$637$357$40
43 years$2,963$1,793$1,043$588$324$34
44 years$2,863$1,709$979$543$294$29
45 years$2,768$1,630$919$501$267$25
46 years$2,677$1,555$863$463$243$21
47 years$2,591$1,484$811$428$220$18
48 years$2,508$1,416$762$395$200$15
49 years$2,429$1,353$716$365$182$13
50 years$2,353$1,292$673$338$165$11

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 $3,887 every year, while hoping to spend $25,191 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: 79/5/16 Blend
39$2,410,000$2,410,000$2,410,000$2,410,000
40$2,659,829$2,532,099$2,494,744$2,860,579
41$2,904,329$2,629,369$2,551,515$3,090,649
42$3,172,923$2,730,561$2,609,344$3,339,426
43$3,468,043$2,835,840$2,668,239$3,611,690
44$3,792,367$2,945,380$2,728,208$3,909,781
45$4,148,845$3,059,360$2,789,260$4,236,279
46$4,540,729$3,177,970$2,851,401$4,594,026
47$4,971,598$3,301,406$2,914,638$4,986,151
48$5,445,399$3,429,873$2,978,977$5,416,100
49$5,966,479$3,563,586$3,044,422$5,887,669
50$6,539,627$3,702,768$3,110,977$6,405,042
51$7,170,120$3,847,655$3,178,645$6,972,824
52$7,863,772$3,998,490$3,247,430$7,596,090
53$8,626,989$4,155,528$3,317,331$8,280,432
54$9,466,828$4,319,036$3,388,348$9,032,008
55$10,391,069$4,489,292$3,460,482$9,857,602
56$11,408,278$4,666,588$3,533,728$10,764,691
57$12,527,898$4,851,226$3,608,084$11,761,508
58$13,760,332$5,043,525$3,683,543$12,857,128
59$15,117,045$5,243,817$3,760,101$14,061,546
60$16,610,667$5,452,447$3,837,747$15,385,776
61$18,255,116$5,669,778$3,916,473$16,841,952
62$20,065,729$5,896,188$3,996,266$18,443,444
63$22,059,405$6,132,073$4,077,112$20,204,982
64$24,254,765$6,377,846$4,158,997$22,142,798
65$26,672,330$6,633,939$4,241,902$24,274,775
66$29,334,709$6,900,803$4,325,807$26,620,617
67$32,266,817$7,178,910$4,410,689$29,202,037
68$35,496,109$7,468,754$4,496,524$32,042,957
69$39,052,838$7,770,849$4,583,284$35,169,739
70$42,970,342$8,085,735$4,670,938$38,611,427
71$47,285,356$8,413,975$4,759,453$42,400,028
72$52,038,360$8,756,157$4,848,793$46,570,809
73$57,273,963$9,112,899$4,938,917$51,162,629
74$63,041,319$9,484,843$5,029,783$56,218,309
75$69,394,596$9,872,663$5,121,344$61,785,035
76$76,393,484$10,277,062$5,213,548$67,914,798
77$84,103,759$10,698,778$5,306,341$74,664,893
78$92,597,902$11,138,578$5,399,663$82,098,452
79$101,955,789$11,597,269$5,493,453$90,285,044
80$112,265,437$12,075,693$5,587,641$99,301,328
81$123,623,838$12,574,728$5,682,154$109,231,778
82$136,137,878$13,095,298$5,776,914$120,169,482
83$149,925,338$13,638,364$5,871,837$132,217,015
84$165,116,013$14,204,935$5,966,834$145,487,413
85$181,852,933$14,796,063$6,061,810$160,105,234
86$200,293,714$15,412,852$6,156,662$176,207,737
87$220,612,046$16,056,455$6,251,284$193,946,175
88$242,999,332$16,728,079$6,345,559$213,487,225
89$267,666,494$17,428,984$6,439,365$235,014,558
90$294,845,965$18,160,493$6,532,572$258,730,573
91$324,793,883$18,923,987$6,625,043$284,858,309
92$357,792,508$19,720,911$6,716,631$313,643,547
93$394,152,886$20,552,779$6,807,181$345,357,133
94$434,217,788$21,421,172$6,896,529$380,297,532
95$478,364,941$22,327,749$6,984,501$418,793,643
96$527,010,597$23,274,240$7,070,914$461,207,910
97$580,613,462$24,262,462$7,155,574$507,939,734
98$639,679,024$25,294,312$7,238,274$559,429,251
99$704,764,328$26,371,776$7,318,800$616,161,480
100$776,483,231$27,496,935$7,396,921$678,670,907