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%17%
1 years$202,319$200,517$198,758$197,042$195,366$189,797
2 years$100,158$98,292$96,485$94,732$93,032$87,464
3 years$66,109$64,235$62,432$60,696$59,023$53,632
4 years$49,087$47,220$45,434$43,728$42,096$36,922
5 years$38,877$37,021$35,259$33,587$32,001$27,058
6 years$32,073$30,230$28,495$26,860$25,321$20,615
7 years$27,214$25,387$23,679$22,083$20,593$16,123
8 years$23,572$21,762$20,082$18,525$17,084$12,847
9 years$20,741$18,947$17,296$15,779$14,387$10,380
10 years$18,477$16,701$15,079$13,602$12,258$8,476
11 years$16,626$14,868$13,276$11,838$10,543$6,978
12 years$15,085$13,345$11,782$10,383$9,136$5,782
13 years$13,782$12,060$10,526$9,167$7,967$4,817
14 years$12,666$10,962$9,458$8,137$6,984$4,029
15 years$11,699$10,014$8,539$7,257$6,149$3,383
16 years$10,854$9,188$7,742$6,498$5,434$2,848
17 years$10,110$8,462$7,045$5,838$4,819$2,403
18 years$9,449$7,819$6,431$5,261$4,284$2,032
19 years$8,858$7,246$5,887$4,754$3,819$1,721
20 years$8,327$6,734$5,403$4,306$3,411$1,460
21 years$7,847$6,272$4,970$3,908$3,052$1,239
22 years$7,411$5,855$4,580$3,553$2,736$1,053
23 years$7,014$5,476$4,229$3,236$2,456$896
24 years$6,650$5,131$3,911$2,951$2,208$763
25 years$6,316$4,815$3,623$2,695$1,987$650
26 years$6,009$4,525$3,360$2,464$1,789$554
27 years$5,724$4,259$3,120$2,256$1,613$472
28 years$5,461$4,013$2,900$2,067$1,456$403
29 years$5,215$3,786$2,699$1,895$1,314$344
30 years$4,987$3,575$2,514$1,739$1,188$293
31 years$4,774$3,380$2,344$1,597$1,074$250
32 years$4,575$3,198$2,187$1,468$971$214
33 years$4,388$3,029$2,042$1,350$879$182
34 years$4,212$2,870$1,908$1,242$796$156
35 years$4,047$2,722$1,784$1,143$721$133
36 years$3,891$2,584$1,669$1,053$653$114
37 years$3,744$2,454$1,562$970$592$97
38 years$3,605$2,332$1,462$894$537$83
39 years$3,474$2,218$1,370$825$487$71
40 years$3,350$2,110$1,284$761$441$61
41 years$3,231$2,009$1,204$702$400$52
42 years$3,119$1,913$1,130$648$363$44
43 years$3,013$1,823$1,060$598$330$38
44 years$2,911$1,737$995$552$299$32
45 years$2,814$1,657$934$510$272$28
46 years$2,722$1,580$877$471$247$24
47 years$2,634$1,508$824$435$224$20
48 years$2,550$1,440$775$402$203$17
49 years$2,469$1,375$728$372$185$15
50 years$2,392$1,313$685$343$168$13

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 $3,090 every year, while hoping to spend $38,890 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: 66/13/21 Blend
39$2,450,000$2,450,000$2,450,000$2,450,000
40$2,703,087$2,573,237$2,535,262$2,866,905
41$2,937,424$2,657,947$2,578,815$3,061,945
42$3,194,359$2,745,505$2,622,523$3,270,350
43$3,476,157$2,836,008$2,666,351$3,497,270
44$3,785,311$2,929,559$2,710,260$3,744,524
45$4,124,569$3,026,263$2,754,210$4,014,115
46$4,496,956$3,126,231$2,798,157$4,308,248
47$4,905,804$3,229,574$2,842,053$4,629,355
48$5,354,784$3,336,412$2,885,851$4,980,109
49$5,847,941$3,446,865$2,929,496$5,363,457
50$6,389,729$3,561,060$2,972,932$5,782,646
51$6,985,057$3,679,127$3,016,101$6,241,249
52$7,639,331$3,801,202$3,058,938$6,743,203
53$8,358,507$3,927,426$3,101,377$7,292,846
54$9,149,148$4,057,943$3,143,347$7,894,956
55$10,018,484$4,192,905$3,184,772$8,554,794
56$10,974,481$4,332,468$3,225,572$9,278,159
57$12,025,913$4,476,795$3,265,664$10,071,437
58$13,182,450$4,626,052$3,304,958$10,941,665
59$14,454,746$4,780,414$3,343,360$11,896,595
60$15,854,538$4,940,063$3,380,771$12,944,766
61$17,394,759$5,105,184$3,417,085$14,095,589
62$19,089,660$5,275,973$3,452,192$15,359,429
63$20,954,940$5,452,630$3,485,976$16,747,709
64$23,007,900$5,635,365$3,518,312$18,273,014
65$25,267,601$5,824,394$3,549,071$19,949,209
66$27,755,049$6,019,942$3,578,117$21,791,571
67$30,493,386$6,222,241$3,605,306$23,816,936
68$33,508,114$6,431,533$3,630,487$26,043,850
69$36,827,333$6,648,070$3,653,500$28,492,751
70$40,482,006$6,872,111$3,674,177$31,186,158
71$44,506,252$7,103,925$3,692,343$34,148,887
72$48,937,666$7,343,794$3,707,813$37,408,278
73$53,817,675$7,592,007$3,720,392$40,994,460
74$59,191,929$7,848,866$3,729,876$44,940,633
75$65,110,729$8,114,684$3,736,050$49,283,377
76$71,629,506$8,389,786$3,738,690$54,063,004
77$78,809,338$8,674,508$3,737,559$59,323,933
78$86,717,532$8,969,201$3,732,409$65,115,112
79$95,428,256$9,274,227$3,722,980$71,490,477
80$105,023,238$9,589,964$3,709,000$78,509,465
81$115,592,540$9,916,803$3,690,182$86,237,568
82$127,235,403$10,255,151$3,666,228$94,746,961
83$140,061,190$10,605,429$3,636,822$104,117,173
84$154,190,412$10,968,076$3,601,636$114,435,843
85$169,755,868$11,343,546$3,560,325$125,799,547
86$186,903,899$11,732,312$3,512,529$138,314,708
87$205,795,767$12,134,865$3,457,868$152,098,599
88$226,609,177$12,551,715$3,395,949$167,280,453
89$249,539,955$12,983,391$3,326,355$184,002,682
90$274,803,897$13,430,444$3,248,654$202,422,219
91$302,638,803$13,893,444$3,162,393$222,712,002
92$333,306,724$14,372,986$3,067,096$245,062,603
93$367,096,434$14,869,687$2,962,268$269,684,030
94$404,326,156$15,384,187$2,847,390$296,807,709
95$445,346,565$15,917,154$2,721,919$326,688,666
96$490,544,098$16,469,278$2,585,287$359,607,937
97$540,344,604$17,041,281$2,436,902$395,875,220
98$595,217,360$17,633,909$2,276,144$435,831,796
99$655,679,500$18,247,941$2,102,365$479,853,756
100$722,300,904$18,884,184$1,914,888$528,355,547