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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.9%
1 years$202,319$200,517$198,758$197,042$195,366$190,644
2 years$100,158$98,292$96,485$94,732$93,032$88,302
3 years$66,109$64,235$62,432$60,696$59,023$54,434
4 years$49,087$47,220$45,434$43,728$42,096$37,683
5 years$38,877$37,021$35,259$33,587$32,001$27,776
6 years$32,073$30,230$28,495$26,860$25,321$21,289
7 years$27,214$25,387$23,679$22,083$20,593$16,754
8 years$23,572$21,762$20,082$18,525$17,084$13,437
9 years$20,741$18,947$17,296$15,779$14,387$10,929
10 years$18,477$16,701$15,079$13,602$12,258$8,985
11 years$16,626$14,868$13,276$11,838$10,543$7,450
12 years$15,085$13,345$11,782$10,383$9,136$6,218
13 years$13,782$12,060$10,526$9,167$7,967$5,218
14 years$12,666$10,962$9,458$8,137$6,984$4,398
15 years$11,699$10,014$8,539$7,257$6,149$3,721
16 years$10,854$9,188$7,742$6,498$5,434$3,157
17 years$10,110$8,462$7,045$5,838$4,819$2,686
18 years$9,449$7,819$6,431$5,261$4,284$2,289
19 years$8,858$7,246$5,887$4,754$3,819$1,955
20 years$8,327$6,734$5,403$4,306$3,411$1,672
21 years$7,847$6,272$4,970$3,908$3,052$1,432
22 years$7,411$5,855$4,580$3,553$2,736$1,228
23 years$7,014$5,476$4,229$3,236$2,456$1,053
24 years$6,650$5,131$3,911$2,951$2,208$904
25 years$6,316$4,815$3,623$2,695$1,987$777
26 years$6,009$4,525$3,360$2,464$1,789$668
27 years$5,724$4,259$3,120$2,256$1,613$575
28 years$5,461$4,013$2,900$2,067$1,456$495
29 years$5,215$3,786$2,699$1,895$1,314$426
30 years$4,987$3,575$2,514$1,739$1,188$367
31 years$4,774$3,380$2,344$1,597$1,074$316
32 years$4,575$3,198$2,187$1,468$971$272
33 years$4,388$3,029$2,042$1,350$879$235
34 years$4,212$2,870$1,908$1,242$796$202
35 years$4,047$2,722$1,784$1,143$721$174
36 years$3,891$2,584$1,669$1,053$653$150
37 years$3,744$2,454$1,562$970$592$130
38 years$3,605$2,332$1,462$894$537$112
39 years$3,474$2,218$1,370$825$487$96
40 years$3,350$2,110$1,284$761$441$83
41 years$3,231$2,009$1,204$702$400$72
42 years$3,119$1,913$1,130$648$363$62
43 years$3,013$1,823$1,060$598$330$53
44 years$2,911$1,737$995$552$299$46
45 years$2,814$1,657$934$510$272$40
46 years$2,722$1,580$877$471$247$34
47 years$2,634$1,508$824$435$224$30
48 years$2,550$1,440$775$402$203$25
49 years$2,469$1,375$728$372$185$22
50 years$2,392$1,313$685$343$168$19

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 $5,742 every year, while hoping to spend $35,885 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: 58/37/5 Blend
39$2,450,000$2,450,000$2,450,000$2,450,000
40$2,705,823$2,575,973$2,537,998$2,859,949
41$2,943,635$2,664,014$2,584,839$3,052,024
42$3,204,502$2,755,167$2,632,047$3,256,674
43$3,490,737$2,849,545$2,679,596$3,478,809
44$3,804,888$2,947,269$2,727,459$3,720,106
45$4,149,762$3,048,460$2,775,604$3,982,403
46$4,528,452$3,153,249$2,824,001$4,267,727
47$4,944,363$3,261,768$2,872,615$4,578,303
48$5,401,249$3,374,156$2,921,408$4,916,583
49$5,903,243$3,490,556$2,970,342$5,285,263
50$6,454,899$3,611,118$3,019,374$5,687,309
51$7,061,234$3,735,998$3,068,458$6,125,985
52$7,727,775$3,865,357$3,117,546$6,604,886
53$8,460,612$3,999,363$3,166,588$7,127,965
54$9,266,453$4,138,191$3,215,527$7,699,577
55$10,152,690$4,282,021$3,264,306$8,324,511
56$11,127,466$4,431,042$3,312,862$9,008,044
57$12,199,754$4,585,449$3,361,129$9,755,984
58$13,379,440$4,745,448$3,409,039$10,574,724
59$14,677,417$4,911,248$3,456,515$11,471,305
60$16,105,685$5,083,071$3,503,480$12,453,480
61$17,677,469$5,261,145$3,549,850$13,529,784
62$19,407,338$5,445,709$3,595,537$14,709,619
63$21,311,347$5,637,009$3,640,448$16,003,338
64$23,407,185$5,835,303$3,684,484$17,422,341
65$25,714,344$6,040,860$3,727,541$18,979,187
66$28,254,302$6,253,957$3,769,508$20,687,704
67$31,050,724$6,474,884$3,810,270$22,563,126
68$34,129,688$6,703,942$3,849,704$24,622,231
69$37,519,926$6,941,446$3,887,679$26,883,501
70$41,253,104$7,187,722$3,924,061$29,367,291
71$45,364,108$7,443,108$3,958,705$32,096,028
72$49,891,386$7,707,959$3,991,461$35,094,413
73$54,877,300$7,982,642$4,022,168$38,389,658
74$60,368,533$8,267,540$4,050,659$42,011,740
75$66,416,525$8,563,051$4,076,757$45,993,684
76$73,077,959$8,869,589$4,100,277$50,371,871
77$80,415,299$9,187,587$4,121,024$55,186,383
78$88,497,374$9,517,493$4,138,793$60,481,377
79$97,400,032$9,859,776$4,153,368$66,305,502
80$107,206,853$10,214,922$4,164,523$72,712,358
81$118,009,937$10,583,439$4,172,021$79,760,995
82$129,910,778$10,965,855$4,175,611$87,516,478
83$143,021,216$11,362,720$4,175,032$96,050,489
84$157,464,493$11,774,606$4,170,009$105,442,009
85$173,376,421$12,202,112$4,160,253$115,778,061
86$190,906,657$12,645,857$4,145,463$127,154,525
87$210,220,122$13,106,489$4,125,322$139,677,047
88$231,498,551$13,584,684$4,099,497$153,462,031
89$254,942,213$14,081,144$4,067,641$168,637,735
90$280,771,800$14,596,600$4,029,387$185,345,482
91$309,230,506$15,131,817$3,984,355$203,740,989
92$340,586,331$15,687,589$3,932,143$223,995,839
93$375,134,600$16,264,744$3,872,334$246,299,094
94$413,200,759$16,864,147$3,804,487$270,859,077
95$455,143,444$17,486,697$3,728,144$297,905,339
96$501,357,862$18,133,332$3,642,824$327,690,824
97$552,279,529$18,805,031$3,548,024$360,494,247
98$608,388,377$19,502,812$3,443,218$396,622,731
99$670,213,281$20,227,740$3,327,856$436,414,698
100$738,337,058$20,980,921$3,201,361$480,243,061