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%14.1%
1 years$207,273$205,427$203,626$201,868$200,151$196,754
2 years$102,611$100,700$98,848$97,052$95,310$91,898
3 years$67,728$65,808$63,961$62,182$60,469$57,148
4 years$50,289$48,376$46,547$44,799$43,127$39,923
5 years$39,829$37,927$36,122$34,410$32,784$29,707
6 years$32,858$30,971$29,192$27,518$25,941$22,993
7 years$27,881$26,009$24,259$22,624$21,097$18,280
8 years$24,149$22,295$20,574$18,979$17,502$14,814
9 years$21,249$19,411$17,720$16,166$14,739$12,180
10 years$18,930$17,110$15,449$13,935$12,559$10,125
11 years$17,033$15,232$13,601$12,127$10,801$8,491
12 years$15,454$13,672$12,070$10,637$9,360$7,171
13 years$14,119$12,355$10,784$9,391$8,162$6,090
14 years$12,976$11,230$9,690$8,337$7,155$5,196
15 years$11,986$10,259$8,748$7,435$6,300$4,451
16 years$11,120$9,413$7,932$6,657$5,568$3,825
17 years$10,357$8,669$7,217$5,981$4,937$3,296
18 years$9,680$8,010$6,589$5,390$4,389$2,847
19 years$9,075$7,424$6,032$4,871$3,912$2,464
20 years$8,531$6,899$5,535$4,411$3,495$2,136
21 years$8,039$6,426$5,092$4,003$3,127$1,855
22 years$7,593$5,998$4,693$3,640$2,803$1,612
23 years$7,186$5,610$4,333$3,315$2,516$1,403
24 years$6,813$5,256$4,007$3,024$2,262$1,222
25 years$6,471$4,933$3,711$2,761$2,035$1,065
26 years$6,156$4,636$3,442$2,525$1,833$929
27 years$5,864$4,363$3,196$2,311$1,653$811
28 years$5,594$4,111$2,971$2,117$1,491$708
29 years$5,343$3,878$2,765$1,942$1,347$619
30 years$5,109$3,663$2,576$1,782$1,217$541
31 years$4,891$3,463$2,401$1,637$1,100$473
32 years$4,687$3,276$2,240$1,504$995$413
33 years$4,495$3,103$2,092$1,383$901$362
34 years$4,315$2,941$1,954$1,273$815$316
35 years$4,146$2,789$1,827$1,171$738$277
36 years$3,986$2,647$1,709$1,079$669$242
37 years$3,836$2,514$1,600$994$606$212
38 years$3,694$2,390$1,498$916$550$186
39 years$3,559$2,272$1,404$845$499$163
40 years$3,432$2,162$1,316$779$452$143
41 years$3,311$2,058$1,234$719$410$125
42 years$3,196$1,960$1,157$664$372$109
43 years$3,086$1,867$1,086$612$338$96
44 years$2,982$1,780$1,019$566$307$84
45 years$2,883$1,697$957$522$278$74
46 years$2,789$1,619$899$482$253$64
47 years$2,698$1,545$845$446$230$56
48 years$2,612$1,475$794$412$208$49
49 years$2,530$1,409$746$381$189$43
50 years$2,451$1,346$701$352$172$38

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 $4,451 every year, while hoping to spend $28,862 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: 53/25/22 Blend
39$2,510,000$2,510,000$2,510,000$2,510,000
40$2,770,611$2,637,581$2,598,676$2,900,432
41$3,022,505$2,736,114$2,655,023$3,088,805
42$3,299,124$2,838,507$2,712,290$3,290,312
43$3,602,960$2,944,920$2,770,478$3,508,981
44$3,936,759$3,055,518$2,829,585$3,746,459
45$4,303,543$3,170,473$2,889,611$4,004,557
46$4,706,645$3,289,966$2,950,553$4,285,266
47$5,149,733$3,414,185$3,012,407$4,590,779
48$5,636,851$3,543,325$3,075,168$4,923,508
49$6,172,453$3,677,591$3,138,829$5,286,107
50$6,761,447$3,817,197$3,203,384$5,681,495
51$7,409,239$3,962,364$3,268,822$6,112,888
52$8,121,787$4,113,326$3,335,133$6,583,822
53$8,905,654$4,270,324$3,402,305$7,098,194
54$9,768,073$4,433,611$3,470,324$7,660,289
55$10,717,010$4,603,452$3,539,174$8,274,827
56$11,761,246$4,780,122$3,608,837$8,947,004
57$12,910,453$4,963,908$3,679,293$9,682,541
58$14,175,291$5,155,111$3,750,521$10,487,738
59$15,567,503$5,354,044$3,822,496$11,369,529
60$17,100,030$5,561,034$3,895,191$12,335,553
61$18,787,132$5,776,423$3,968,578$13,394,222
62$20,644,519$6,000,567$4,042,625$14,554,798
63$22,689,504$6,233,839$4,117,297$15,827,482
64$24,941,163$6,476,628$4,192,557$17,223,511
65$27,420,518$6,729,339$4,268,364$18,755,258
66$30,150,731$6,992,396$4,344,674$20,436,354
67$33,157,325$7,266,243$4,421,441$22,281,810
68$36,468,426$7,551,342$4,498,612$24,308,165
69$40,115,023$7,848,176$4,576,133$26,533,632
70$44,131,268$8,157,250$4,653,947$28,978,277
71$48,554,793$8,479,090$4,731,989$31,664,203
72$53,427,064$8,814,248$4,810,193$34,615,759
73$58,793,777$9,163,298$4,888,487$37,859,768
74$64,705,285$9,526,842$4,966,794$41,425,779
75$71,217,075$9,905,508$5,045,032$45,346,348
76$78,390,290$10,299,952$5,123,115$49,657,337
77$86,292,310$10,710,860$5,200,949$54,398,260
78$94,997,381$11,138,947$5,278,436$59,612,645
79$104,587,321$11,584,964$5,355,472$65,348,454
80$115,152,293$12,049,692$5,431,945$71,658,525
81$126,791,649$12,533,949$5,507,737$78,601,076
82$139,614,874$13,038,590$5,582,724$86,240,247
83$153,742,619$13,564,508$5,656,772$94,646,711
84$169,307,835$14,112,638$5,729,743$103,898,331
85$186,457,033$14,683,955$5,801,488$114,080,902
86$205,351,662$15,279,481$5,871,849$125,288,953
87$226,169,637$15,900,282$5,940,662$137,626,639
88$249,107,018$16,547,473$6,007,752$151,208,722
89$274,379,856$17,222,221$6,072,934$166,161,655
90$302,226,236$17,925,745$6,136,013$182,624,770
91$332,908,527$18,659,321$6,196,783$200,751,591
92$366,715,850$19,424,281$6,255,029$220,711,286
93$403,966,815$20,222,020$6,310,521$242,690,256
94$445,012,526$21,053,995$6,363,019$266,893,894
95$490,239,895$21,921,731$6,412,271$293,548,522
96$540,075,292$22,826,824$6,458,010$322,903,524
97$594,988,573$23,770,940$6,499,955$355,233,700
98$655,497,516$24,755,824$6,537,812$390,841,851
99$722,172,705$25,783,301$6,571,271$430,061,642
100$795,642,917$26,855,280$6,600,005$473,260,745