Can I retire at age 40 with 2,510,000?

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 $2,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$207,273$205,427$203,626$201,868$200,151$194,838
2 years$102,611$100,700$98,848$97,052$95,310$89,995
3 years$67,728$65,808$63,961$62,182$60,469$55,317
4 years$50,289$48,376$46,547$44,799$43,127$38,178
5 years$39,829$37,927$36,122$34,410$32,784$28,053
6 years$32,858$30,971$29,192$27,518$25,941$21,431
7 years$27,881$26,009$24,259$22,624$21,097$16,809
8 years$24,149$22,295$20,574$18,979$17,502$13,433
9 years$21,249$19,411$17,720$16,166$14,739$10,886
10 years$18,930$17,110$15,449$13,935$12,559$8,917
11 years$17,033$15,232$13,601$12,127$10,801$7,365
12 years$15,454$13,672$12,070$10,637$9,360$6,123
13 years$14,119$12,355$10,784$9,391$8,162$5,118
14 years$12,976$11,230$9,690$8,337$7,155$4,296
15 years$11,986$10,259$8,748$7,435$6,300$3,619
16 years$11,120$9,413$7,932$6,657$5,568$3,058
17 years$10,357$8,669$7,217$5,981$4,937$2,590
18 years$9,680$8,010$6,589$5,390$4,389$2,198
19 years$9,075$7,424$6,032$4,871$3,912$1,869
20 years$8,531$6,899$5,535$4,411$3,495$1,591
21 years$8,039$6,426$5,092$4,003$3,127$1,356
22 years$7,593$5,998$4,693$3,640$2,803$1,157
23 years$7,186$5,610$4,333$3,315$2,516$988
24 years$6,813$5,256$4,007$3,024$2,262$844
25 years$6,471$4,933$3,711$2,761$2,035$722
26 years$6,156$4,636$3,442$2,525$1,833$618
27 years$5,864$4,363$3,196$2,311$1,653$529
28 years$5,594$4,111$2,971$2,117$1,491$453
29 years$5,343$3,878$2,765$1,942$1,347$388
30 years$5,109$3,663$2,576$1,782$1,217$333
31 years$4,891$3,463$2,401$1,637$1,100$285
32 years$4,687$3,276$2,240$1,504$995$244
33 years$4,495$3,103$2,092$1,383$901$210
34 years$4,315$2,941$1,954$1,273$815$180
35 years$4,146$2,789$1,827$1,171$738$154
36 years$3,986$2,647$1,709$1,079$669$132
37 years$3,836$2,514$1,600$994$606$113
38 years$3,694$2,390$1,498$916$550$97
39 years$3,559$2,272$1,404$845$499$83
40 years$3,432$2,162$1,316$779$452$72
41 years$3,311$2,058$1,234$719$410$61
42 years$3,196$1,960$1,157$664$372$53
43 years$3,086$1,867$1,086$612$338$45
44 years$2,982$1,780$1,019$566$307$39
45 years$2,883$1,697$957$522$278$33
46 years$2,789$1,619$899$482$253$29
47 years$2,698$1,545$845$446$230$25
48 years$2,612$1,475$794$412$208$21
49 years$2,530$1,409$746$381$189$18
50 years$2,451$1,346$701$352$172$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,510,000, adding $5,834 every year, while hoping to spend $48,361 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: 44/33/23 Blend
39$2,510,000$2,510,000$2,510,000$2,510,000
40$2,772,038$2,639,008$2,600,103$2,875,295
41$3,003,330$2,716,863$2,635,750$3,026,820
42$3,256,593$2,796,913$2,670,972$3,185,817
43$3,534,017$2,879,213$2,705,701$3,357,194
44$3,838,014$2,963,822$2,739,868$3,542,125
45$4,171,239$3,050,797$2,773,402$3,741,901
46$4,536,618$3,140,199$2,806,224$3,957,943
47$4,937,374$3,232,089$2,838,253$4,191,815
48$5,377,054$3,326,530$2,869,402$4,445,238
49$5,859,568$3,423,584$2,899,582$4,720,108
50$6,389,220$3,523,316$2,928,694$5,018,514
51$6,970,755$3,625,793$2,956,640$5,342,753
52$7,609,396$3,731,081$2,983,311$5,695,356
53$8,310,898$3,839,248$3,008,596$6,079,112
54$9,081,602$3,950,363$3,032,376$6,497,090
55$9,928,492$4,064,497$3,054,528$6,952,672
56$10,859,263$4,181,722$3,074,919$7,449,583
57$11,882,391$4,302,110$3,093,412$7,991,926
58$13,007,217$4,425,735$3,109,863$8,584,220
59$14,244,028$4,552,671$3,124,118$9,231,444
60$15,604,161$4,682,994$3,136,019$9,939,083
61$17,100,106$4,816,782$3,145,396$10,713,179
62$18,745,624$4,954,111$3,152,073$11,560,392
63$20,555,875$5,095,060$3,155,866$12,488,054
64$22,547,566$5,239,709$3,156,578$13,504,248
65$24,739,101$5,388,138$3,154,007$14,617,877
66$27,150,760$5,540,428$3,147,937$15,838,753
67$29,804,890$5,696,661$3,138,145$17,177,685
68$32,726,110$5,856,919$3,124,395$18,646,584
69$35,941,550$6,021,285$3,106,439$20,258,574
70$39,481,102$6,189,842$3,084,019$22,028,118
71$43,377,705$6,362,674$3,056,863$23,971,151
72$47,667,651$6,539,866$3,024,689$26,105,233
73$52,390,932$6,721,500$2,987,197$28,449,713
74$57,591,615$6,907,662$2,944,076$31,025,914
75$63,318,258$7,098,435$2,895,000$33,857,333
76$69,624,365$7,293,903$2,839,627$36,969,861
77$76,568,896$7,494,150$2,777,601$40,392,031
78$84,216,819$7,699,259$2,708,546$44,155,284
79$92,639,723$7,909,311$2,632,071$48,294,268
80$101,916,497$8,124,390$2,547,767$52,847,167
81$112,134,069$8,344,574$2,455,206$57,856,055
82$123,388,229$8,569,942$2,353,941$63,367,302
83$135,784,532$8,800,574$2,243,502$69,432,005
84$149,439,295$9,036,543$2,123,400$76,106,473
85$164,480,694$9,277,924$1,993,124$83,452,761
86$181,049,971$9,524,788$1,852,140$91,539,253
87$199,302,770$9,777,205$1,699,889$100,441,308
88$219,410,604$10,035,239$1,535,786$110,241,975
89$241,562,474$10,298,954$1,359,224$121,032,772
90$265,966,652$10,568,409$1,169,564$132,914,558
91$292,852,648$10,843,659$966,142$145,998,478
92$322,473,373$11,124,754$748,263$160,407,017
93$355,107,530$11,411,739$515,202$176,275,155
94$391,062,240$11,704,656$266,203$193,751,644
95$430,675,943$12,003,539$476$213,000,413
96$474,321,593$12,308,416$0$234,202,112
97$522,410,175$12,619,308$0$257,625,301
98$575,394,587$12,936,228$0$283,424,536
99$633,773,914$13,259,183$0$311,841,697
100$698,098,139$13,588,169$0$343,143,457