Can I retire at age 40 with 2,450,000?

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 $2,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$202,319$200,517$198,758$197,042$195,366$190,799
2 years$100,158$98,292$96,485$94,732$93,032$88,455
3 years$66,109$64,235$62,432$60,696$59,023$54,582
4 years$49,087$47,220$45,434$43,728$42,096$37,823
5 years$38,877$37,021$35,259$33,587$32,001$27,909
6 years$32,073$30,230$28,495$26,860$25,321$21,415
7 years$27,214$25,387$23,679$22,083$20,593$16,872
8 years$23,572$21,762$20,082$18,525$17,084$13,547
9 years$20,741$18,947$17,296$15,779$14,387$11,032
10 years$18,477$16,701$15,079$13,602$12,258$9,081
11 years$16,626$14,868$13,276$11,838$10,543$7,539
12 years$15,085$13,345$11,782$10,383$9,136$6,301
13 years$13,782$12,060$10,526$9,167$7,967$5,294
14 years$12,666$10,962$9,458$8,137$6,984$4,469
15 years$11,699$10,014$8,539$7,257$6,149$3,786
16 years$10,854$9,188$7,742$6,498$5,434$3,217
17 years$10,110$8,462$7,045$5,838$4,819$2,740
18 years$9,449$7,819$6,431$5,261$4,284$2,340
19 years$8,858$7,246$5,887$4,754$3,819$2,001
20 years$8,327$6,734$5,403$4,306$3,411$1,714
21 years$7,847$6,272$4,970$3,908$3,052$1,470
22 years$7,411$5,855$4,580$3,553$2,736$1,262
23 years$7,014$5,476$4,229$3,236$2,456$1,085
24 years$6,650$5,131$3,911$2,951$2,208$933
25 years$6,316$4,815$3,623$2,695$1,987$803
26 years$6,009$4,525$3,360$2,464$1,789$691
27 years$5,724$4,259$3,120$2,256$1,613$596
28 years$5,461$4,013$2,900$2,067$1,456$513
29 years$5,215$3,786$2,699$1,895$1,314$443
30 years$4,987$3,575$2,514$1,739$1,188$382
31 years$4,774$3,380$2,344$1,597$1,074$330
32 years$4,575$3,198$2,187$1,468$971$284
33 years$4,388$3,029$2,042$1,350$879$245
34 years$4,212$2,870$1,908$1,242$796$212
35 years$4,047$2,722$1,784$1,143$721$183
36 years$3,891$2,584$1,669$1,053$653$158
37 years$3,744$2,454$1,562$970$592$136
38 years$3,605$2,332$1,462$894$537$118
39 years$3,474$2,218$1,370$825$487$102
40 years$3,350$2,110$1,284$761$441$88
41 years$3,231$2,009$1,204$702$400$76
42 years$3,119$1,913$1,130$648$363$66
43 years$3,013$1,823$1,060$598$330$57
44 years$2,911$1,737$995$552$299$49
45 years$2,814$1,657$934$510$272$42
46 years$2,722$1,580$877$471$247$37
47 years$2,634$1,508$824$435$224$32
48 years$2,550$1,440$775$402$203$27
49 years$2,469$1,375$728$372$185$24
50 years$2,392$1,313$685$343$168$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,450,000, adding $2,110 every year, while hoping to spend $34,853 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: 39/43/18 Blend
39$2,450,000$2,450,000$2,450,000$2,450,000
40$2,702,076$2,572,226$2,534,251$2,792,854
41$2,940,605$2,661,182$2,582,066$2,947,014
42$3,202,295$2,753,329$2,630,313$3,110,102
43$3,489,473$2,848,785$2,678,972$3,285,715
44$3,804,700$2,947,677$2,728,019$3,475,008
45$4,150,798$3,050,132$2,777,426$3,679,245
46$4,530,876$3,156,284$2,827,166$3,899,819
47$4,948,357$3,266,275$2,877,209$4,138,258
48$5,407,015$3,380,247$2,927,520$4,396,243
49$5,911,004$3,498,353$2,978,066$4,675,622
50$6,464,904$3,620,749$3,028,808$4,978,426
51$7,073,756$3,747,599$3,079,706$5,306,888
52$7,743,119$3,879,071$3,130,716$5,663,466
53$8,479,114$4,015,342$3,181,791$6,050,861
54$9,288,486$4,156,595$3,232,883$6,472,046
55$10,178,665$4,303,022$3,283,938$6,930,290
56$11,157,839$4,454,821$3,334,901$7,429,193
57$12,235,029$4,612,197$3,385,710$7,972,712
58$13,420,173$4,775,366$3,436,303$8,565,204
59$14,724,224$4,944,552$3,486,612$9,211,465
60$16,159,246$5,119,986$3,536,564$9,916,771
61$17,738,534$5,301,911$3,586,085$10,686,931
62$19,476,738$5,490,578$3,635,092$11,528,340
63$21,389,998$5,686,249$3,683,500$12,448,038
64$23,496,099$5,889,197$3,731,219$13,453,774
65$25,814,640$6,099,705$3,778,153$14,554,080
66$28,367,212$6,318,070$3,824,200$15,758,353
67$31,177,610$6,544,598$3,869,253$17,076,937
68$34,272,052$6,779,609$3,913,199$18,521,223
69$37,679,429$7,023,438$3,955,919$20,103,757
70$41,431,575$7,276,430$3,997,286$21,838,353
71$45,563,568$7,538,947$4,037,168$23,740,226
72$50,114,062$7,811,366$4,075,423$25,826,132
73$55,125,652$8,094,079$4,111,905$28,114,527
74$60,645,272$8,387,492$4,146,458$30,625,738
75$66,724,643$8,692,033$4,178,917$33,382,155
76$73,420,757$9,008,142$4,209,111$36,408,440
77$80,796,415$9,336,283$4,236,858$39,731,758
78$88,920,823$9,676,934$4,261,967$43,382,033
79$97,870,241$10,030,598$4,284,236$47,392,230
80$107,728,704$10,397,795$4,303,456$51,798,661
81$118,588,814$10,779,069$4,319,404$56,641,329
82$130,552,616$11,174,987$4,331,848$61,964,304
83$143,732,560$11,586,139$4,340,542$67,816,134
84$158,252,561$12,013,140$4,345,230$74,250,307
85$174,249,170$12,456,631$4,345,643$81,325,749
86$191,872,861$12,917,281$4,341,497$89,107,378
87$211,289,451$13,395,787$4,332,496$97,666,721
88$232,681,669$13,892,874$4,318,328$107,082,579
89$256,250,875$14,409,301$4,298,668$117,441,775
90$282,218,964$14,945,856$4,273,173$128,839,968
91$310,830,458$15,503,363$4,241,484$141,382,553
92$342,354,818$16,082,681$4,203,227$155,185,656
93$377,088,981$16,684,704$4,158,007$170,377,227
94$415,360,169$17,310,366$4,105,412$187,098,244
95$457,528,974$17,960,642$4,045,010$205,504,040
96$503,992,761$18,636,546$3,976,351$225,765,771
97$555,189,424$19,339,138$3,898,960$248,072,024
98$611,601,513$20,069,523$3,812,343$272,630,597
99$673,760,792$20,828,854$3,715,981$299,670,455
100$742,253,259$21,618,334$3,609,332$329,443,890