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 $3,612 every year, while hoping to spend $49,972 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: 52/23/25 Blend
39$2,510,000$2,510,000$2,510,000$2,510,000
40$2,769,746$2,636,716$2,597,811$2,894,274
41$2,999,090$2,712,745$2,631,668$3,056,924
42$3,250,153$2,790,825$2,664,984$3,228,361
43$3,525,096$2,871,003$2,697,688$3,413,835
44$3,826,301$2,953,328$2,729,707$3,614,703
45$4,156,392$3,037,848$2,760,959$3,832,458
46$4,518,255$3,124,614$2,791,363$4,068,748
47$4,915,073$3,213,676$2,820,829$4,325,384
48$5,350,348$3,305,085$2,849,266$4,604,362
49$5,827,941$3,398,891$2,876,573$4,907,881
50$6,352,102$3,495,148$2,902,649$5,238,364
51$6,927,513$3,593,907$2,927,385$5,598,477
52$7,559,332$3,695,221$2,950,665$5,991,160
53$8,253,242$3,799,144$2,972,369$6,419,650
54$9,015,499$3,905,729$2,992,371$6,887,515
55$9,853,001$4,015,030$3,010,536$7,398,683
56$10,773,342$4,127,102$3,026,724$7,957,485
57$11,784,891$4,241,998$3,040,787$8,568,692
58$12,896,867$4,359,773$3,052,571$9,237,559
59$14,119,427$4,480,481$3,061,911$9,969,877
60$15,463,761$4,604,178$3,068,638$10,772,029
61$16,942,198$4,730,916$3,072,571$11,651,047
62$18,568,321$4,860,750$3,073,521$12,614,677
63$20,357,096$4,993,733$3,071,290$13,671,459
64$22,325,013$5,129,919$3,065,672$14,830,801
65$24,490,240$5,269,360$3,056,447$16,103,070
66$26,872,794$5,412,108$3,043,387$17,499,692
67$29,494,731$5,558,214$3,026,253$19,033,255
68$32,380,355$5,707,728$3,004,794$20,717,635
69$35,556,444$5,860,699$2,978,747$22,568,119
70$39,052,502$6,017,174$2,947,836$24,601,556
71$42,901,041$6,177,199$2,911,772$26,836,514
72$47,137,884$6,340,819$2,870,254$29,293,452
73$51,802,505$6,508,076$2,822,964$31,994,920
74$56,938,398$6,679,010$2,769,571$34,965,767
75$62,593,492$6,853,658$2,709,729$38,233,377
76$68,820,598$7,032,057$2,643,075$41,827,927
77$75,677,910$7,214,239$2,569,228$45,782,676
78$83,229,552$7,400,232$2,487,793$50,134,275
79$91,546,185$7,590,062$2,398,353$54,923,113
80$100,705,672$7,783,752$2,300,474$60,193,704
81$110,793,813$7,981,318$2,193,702$65,995,100
82$121,905,154$8,182,774$2,077,563$72,381,361
83$134,143,878$8,388,128$1,951,559$79,412,063
84$147,624,790$8,597,383$1,815,173$87,152,861
85$162,474,400$8,810,536$1,667,863$95,676,109
86$178,832,114$9,027,578$1,509,062$105,061,546
87$196,851,553$9,248,492$1,338,178$115,397,044
88$216,701,999$9,473,256$1,154,595$126,779,447
89$238,569,996$9,701,839$957,667$139,315,475
90$262,661,106$9,934,200$746,720$153,122,743
91$289,201,855$10,170,292$521,051$168,330,865
92$318,441,864$10,410,055$279,926$185,082,680
93$350,656,208$10,653,422$22,577$203,535,605
94$386,148,013$10,900,312$0$223,863,116
95$425,251,316$11,150,633$0$246,323,630
96$468,334,217$11,404,280$0$271,071,392
97$515,802,352$11,661,135$0$298,332,792
98$568,102,725$11,921,064$0$328,363,944
99$625,727,925$12,183,918$0$361,447,086
100$689,220,776$12,449,532$0$397,893,234