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%15.3%
1 years$205,622$203,790$202,003$200,259$198,556$194,230
2 years$101,793$99,897$98,060$96,278$94,551$90,213
3 years$67,188$65,284$63,451$61,687$59,987$55,775
4 years$49,889$47,991$46,176$44,442$42,783$38,728
5 years$39,512$37,625$35,835$34,135$32,523$28,637
6 years$32,596$30,724$28,960$27,298$25,734$22,021
7 years$27,659$25,802$24,066$22,444$20,929$17,389
8 years$23,957$22,117$20,410$18,827$17,363$13,995
9 years$21,079$19,257$17,579$16,037$14,622$11,424
10 years$18,779$16,974$15,326$13,824$12,458$9,427
11 years$16,898$15,111$13,492$12,031$10,715$7,846
12 years$15,331$13,563$11,974$10,553$9,285$6,574
13 years$14,007$12,257$10,698$9,316$8,097$5,539
14 years$12,872$11,141$9,612$8,270$7,098$4,688
15 years$11,890$10,178$8,679$7,375$6,249$3,983
16 years$11,032$9,338$7,868$6,604$5,523$3,394
17 years$10,275$8,600$7,160$5,934$4,897$2,900
18 years$9,603$7,946$6,536$5,347$4,354$2,483
19 years$9,002$7,365$5,984$4,832$3,881$2,130
20 years$8,463$6,844$5,491$4,376$3,467$1,830
21 years$7,975$6,375$5,051$3,972$3,102$1,574
22 years$7,532$5,950$4,655$3,611$2,781$1,356
23 years$7,129$5,565$4,298$3,289$2,496$1,169
24 years$6,759$5,214$3,975$2,999$2,244$1,008
25 years$6,420$4,893$3,682$2,739$2,019$871
26 years$6,107$4,599$3,415$2,505$1,819$752
27 years$5,818$4,328$3,171$2,293$1,640$650
28 years$5,550$4,078$2,948$2,100$1,479$562
29 years$5,301$3,848$2,743$1,926$1,336$486
30 years$5,069$3,634$2,555$1,768$1,207$421
31 years$4,852$3,435$2,382$1,624$1,091$364
32 years$4,649$3,250$2,223$1,492$987$316
33 years$4,459$3,078$2,075$1,372$893$273
34 years$4,281$2,917$1,939$1,262$809$237
35 years$4,113$2,767$1,813$1,162$733$205
36 years$3,955$2,626$1,696$1,070$664$178
37 years$3,805$2,494$1,587$986$602$154
38 years$3,664$2,370$1,486$909$545$133
39 years$3,531$2,254$1,393$838$495$116
40 years$3,404$2,145$1,305$773$449$100
41 years$3,284$2,041$1,224$713$407$87
42 years$3,170$1,944$1,148$658$369$75
43 years$3,062$1,852$1,077$608$335$65
44 years$2,958$1,766$1,011$561$304$57
45 years$2,860$1,684$950$518$276$49
46 years$2,766$1,606$892$479$251$43
47 years$2,677$1,533$838$442$228$37
48 years$2,591$1,463$787$409$207$32
49 years$2,509$1,397$740$378$188$28
50 years$2,431$1,335$696$349$171$24

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 $2,274 every year, while hoping to spend $52,632 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: 30/47/23 Blend
39$2,490,000$2,490,000$2,490,000$2,490,000
40$2,746,326$2,614,356$2,575,761$2,809,018
41$2,970,451$2,686,459$2,606,049$2,929,441
42$3,215,673$2,760,331$2,635,587$3,054,063
43$3,484,088$2,836,004$2,664,296$3,187,045
44$3,778,004$2,913,508$2,692,089$3,329,148
45$4,099,964$2,992,873$2,718,878$3,481,204
46$4,452,767$3,074,130$2,744,567$3,644,131
47$4,839,496$3,157,310$2,769,056$3,818,941
48$5,263,546$3,242,440$2,792,241$4,006,746
49$5,728,658$3,329,549$2,814,012$4,208,769
50$6,238,951$3,418,666$2,834,250$4,426,358
51$6,798,961$3,509,819$2,852,835$4,660,999
52$7,413,687$3,603,032$2,869,637$4,914,326
53$8,088,634$3,698,331$2,884,521$5,188,139
54$8,829,866$3,795,741$2,897,344$5,484,421
55$9,644,064$3,895,283$2,907,956$5,805,357
56$10,538,587$3,996,981$2,916,201$6,153,353
57$11,521,542$4,100,852$2,921,913$6,531,060
58$12,601,861$4,206,916$2,924,919$6,941,398
59$13,789,384$4,315,188$2,925,037$7,387,586
60$15,094,952$4,425,683$2,922,077$7,873,170
61$16,530,508$4,538,412$2,915,837$8,402,055
62$18,109,211$4,653,385$2,906,108$8,978,548
63$19,845,557$4,770,608$2,892,670$9,607,392
64$21,755,521$4,890,085$2,875,292$10,293,815
65$23,856,702$5,011,817$2,853,731$11,043,578
66$26,168,489$5,135,800$2,827,735$11,863,031
67$28,712,249$5,262,028$2,797,038$12,759,170
68$31,511,521$5,390,490$2,761,362$13,739,707
69$34,592,244$5,521,171$2,720,415$14,813,141
70$37,982,997$5,654,052$2,673,893$15,988,837
71$41,715,270$5,789,108$2,621,476$17,277,119
72$45,823,762$5,926,310$2,562,830$18,689,365
73$50,346,707$6,065,620$2,497,606$20,238,114
74$55,326,233$6,206,997$2,425,438$21,937,186
75$60,808,762$6,350,393$2,345,943$23,801,813
76$66,845,446$6,495,752$2,258,722$25,848,785
77$73,492,648$6,643,011$2,163,356$28,096,604
78$80,812,477$6,792,098$2,059,407$30,565,665
79$88,873,372$6,942,932$1,946,419$33,278,446
80$97,750,745$7,095,426$1,823,914$36,259,721
81$107,527,698$7,249,478$1,691,392$39,536,795
82$118,295,800$7,404,980$1,548,331$43,139,765
83$130,155,958$7,561,810$1,394,186$47,101,800
84$143,219,363$7,719,836$1,228,388$51,459,460
85$157,608,541$7,878,911$1,050,342$56,253,039
86$173,458,511$8,038,876$859,427$61,526,949
87$190,918,055$8,199,557$654,994$67,330,137
88$210,151,126$8,360,765$436,366$73,716,552
89$231,338,392$8,522,294$202,836$80,745,654
90$254,678,943$8,683,921$0$88,482,978
91$280,392,168$8,845,405$0$97,012,134
92$308,719,824$9,006,485$0$106,455,208
93$339,928,322$9,166,880$0$116,850,303
94$374,311,238$9,326,284$0$128,294,326
95$412,192,084$9,484,371$0$140,894,065
96$453,927,360$9,640,789$0$154,767,206
97$499,909,923$9,795,160$0$170,043,438
98$550,572,689$9,947,077$0$186,865,681
99$606,392,724$10,096,104$0$205,391,437
100$667,895,744$10,241,775$0$225,794,275