Can I retire at age 40 with 2,490,000?

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 $2,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$205,622$203,790$202,003$200,259$198,556$191,131
2 years$101,793$99,897$98,060$96,278$94,551$87,155
3 years$67,188$65,284$63,451$61,687$59,987$52,853
4 years$49,889$47,991$46,176$44,442$42,783$35,966
5 years$39,512$37,625$35,835$34,135$32,523$26,040
6 years$32,596$30,724$28,960$27,298$25,734$19,590
7 years$27,659$25,802$24,066$22,444$20,929$15,122
8 years$23,957$22,117$20,410$18,827$17,363$11,887
9 years$21,079$19,257$17,579$16,037$14,622$9,470
10 years$18,779$16,974$15,326$13,824$12,458$7,622
11 years$16,898$15,111$13,492$12,031$10,715$6,182
12 years$15,331$13,563$11,974$10,553$9,285$5,045
13 years$14,007$12,257$10,698$9,316$8,097$4,137
14 years$12,872$11,141$9,612$8,270$7,098$3,406
15 years$11,890$10,178$8,679$7,375$6,249$2,813
16 years$11,032$9,338$7,868$6,604$5,523$2,329
17 years$10,275$8,600$7,160$5,934$4,897$1,933
18 years$9,603$7,946$6,536$5,347$4,354$1,606
19 years$9,002$7,365$5,984$4,832$3,881$1,337
20 years$8,463$6,844$5,491$4,376$3,467$1,114
21 years$7,975$6,375$5,051$3,972$3,102$929
22 years$7,532$5,950$4,655$3,611$2,781$776
23 years$7,129$5,565$4,298$3,289$2,496$648
24 years$6,759$5,214$3,975$2,999$2,244$542
25 years$6,420$4,893$3,682$2,739$2,019$453
26 years$6,107$4,599$3,415$2,505$1,819$379
27 years$5,818$4,328$3,171$2,293$1,640$317
28 years$5,550$4,078$2,948$2,100$1,479$266
29 years$5,301$3,848$2,743$1,926$1,336$222
30 years$5,069$3,634$2,555$1,768$1,207$186
31 years$4,852$3,435$2,382$1,624$1,091$156
32 years$4,649$3,250$2,223$1,492$987$131
33 years$4,459$3,078$2,075$1,372$893$109
34 years$4,281$2,917$1,939$1,262$809$92
35 years$4,113$2,767$1,813$1,162$733$77
36 years$3,955$2,626$1,696$1,070$664$64
37 years$3,805$2,494$1,587$986$602$54
38 years$3,664$2,370$1,486$909$545$45
39 years$3,531$2,254$1,393$838$495$38
40 years$3,404$2,145$1,305$773$449$32
41 years$3,284$2,041$1,224$713$407$27
42 years$3,170$1,944$1,148$658$369$22
43 years$3,062$1,852$1,077$608$335$19
44 years$2,958$1,766$1,011$561$304$16
45 years$2,860$1,684$950$518$276$13
46 years$2,766$1,606$892$479$251$11
47 years$2,677$1,533$838$442$228$9
48 years$2,591$1,463$787$409$207$8
49 years$2,509$1,397$740$378$188$6
50 years$2,431$1,335$696$349$171$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,490,000, adding $4,662 every year, while hoping to spend $27,708 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: 45/42/13 Blend
39$2,490,000$2,490,000$2,490,000$2,490,000
40$2,748,789$2,616,819$2,578,224$2,862,099
41$2,999,684$2,715,562$2,635,113$3,040,095
42$3,275,242$2,818,215$2,692,980$3,229,811
43$3,577,949$2,924,940$2,751,827$3,434,919
44$3,910,544$3,035,906$2,811,657$3,656,851
45$4,276,045$3,151,290$2,872,473$3,897,181
46$4,677,775$3,271,277$2,934,275$4,157,641
47$5,119,398$3,396,059$2,997,062$4,440,131
48$5,604,947$3,525,837$3,060,834$4,746,739
49$6,138,869$3,660,820$3,125,589$5,079,764
50$6,726,060$3,801,227$3,191,323$5,441,728
51$7,371,917$3,947,286$3,258,032$5,835,409
52$8,082,385$4,099,235$3,325,708$6,263,859
53$8,864,015$4,257,325$3,394,346$6,730,434
54$9,724,024$4,421,813$3,463,936$7,238,828
55$10,670,364$4,592,971$3,534,467$7,793,102
56$11,711,797$4,771,082$3,605,928$8,397,723
57$12,857,977$4,956,442$3,678,303$9,057,609
58$14,119,542$5,149,360$3,751,578$9,778,167
59$15,508,214$5,350,157$3,825,734$10,565,351
60$17,036,907$5,559,170$3,900,752$11,425,711
61$18,719,853$5,776,750$3,976,608$12,366,456
62$20,572,732$6,003,266$4,053,279$13,395,521
63$22,612,825$6,239,099$4,130,738$14,521,639
64$24,859,169$6,484,651$4,208,953$15,754,425
65$27,332,745$6,740,340$4,287,894$17,104,463
66$30,056,671$7,006,603$4,367,525$18,583,405
67$33,056,421$7,283,896$4,447,807$20,204,080
68$36,360,066$7,572,696$4,528,698$21,980,613
69$39,998,537$7,873,503$4,610,153$23,928,556
70$44,005,918$8,186,835$4,692,125$26,065,035
71$48,419,771$8,513,239$4,774,559$28,408,908
72$53,281,481$8,853,281$4,857,401$30,980,943
73$58,636,657$9,207,557$4,940,588$33,804,010
74$64,535,555$9,576,687$5,024,058$36,903,297
75$71,033,557$9,961,319$5,107,739$40,306,544
76$78,191,689$10,362,134$5,191,558$44,044,303
77$86,077,202$10,779,838$5,275,435$48,150,224
78$94,764,200$11,215,174$5,359,285$52,661,374
79$104,334,346$11,668,915$5,443,019$57,618,576
80$114,877,630$12,141,872$5,526,541$63,066,801
81$126,493,216$12,634,892$5,609,747$69,055,584
82$139,290,380$13,148,858$5,692,530$75,639,491
83$153,389,543$13,684,696$5,774,775$82,878,630
84$168,923,405$14,243,375$5,856,358$90,839,218
85$186,038,197$14,825,904$5,937,150$99,594,198
86$204,895,062$15,433,343$6,017,014$109,223,931
87$225,671,578$16,066,797$6,095,804$119,816,944
88$248,563,431$16,727,422$6,173,365$131,470,767
89$273,786,264$17,416,428$6,249,536$144,292,848
90$301,577,711$18,135,081$6,324,143$158,401,566
91$332,199,640$18,884,703$6,397,005$173,927,339
92$365,940,628$19,666,678$6,467,929$191,013,857
93$403,118,680$20,482,454$6,536,713$209,819,429
94$444,084,236$21,333,544$6,603,143$230,518,476
95$489,223,472$22,221,532$6,666,993$253,303,172
96$538,961,954$23,148,075$6,728,025$278,385,253
97$593,768,648$24,114,905$6,785,988$305,998,008
98$654,160,351$25,123,836$6,840,620$336,398,483
99$720,706,568$26,176,765$6,891,642$369,869,891
100$794,034,887$27,275,676$6,938,761$406,724,291