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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.3%
1 years$207,273$205,427$203,626$201,868$200,151$195,790
2 years$102,611$100,700$98,848$97,052$95,310$90,938
3 years$67,728$65,808$63,961$62,182$60,469$56,222
4 years$50,289$48,376$46,547$44,799$43,127$39,039
5 years$39,829$37,927$36,122$34,410$32,784$28,867
6 years$32,858$30,971$29,192$27,518$25,941$22,198
7 years$27,881$26,009$24,259$22,624$21,097$17,529
8 years$24,149$22,295$20,574$18,979$17,502$14,107
9 years$21,249$19,411$17,720$16,166$14,739$11,516
10 years$18,930$17,110$15,449$13,935$12,559$9,503
11 years$17,033$15,232$13,601$12,127$10,801$7,909
12 years$15,454$13,672$12,070$10,637$9,360$6,627
13 years$14,119$12,355$10,784$9,391$8,162$5,584
14 years$12,976$11,230$9,690$8,337$7,155$4,726
15 years$11,986$10,259$8,748$7,435$6,300$4,015
16 years$11,120$9,413$7,932$6,657$5,568$3,421
17 years$10,357$8,669$7,217$5,981$4,937$2,923
18 years$9,680$8,010$6,589$5,390$4,389$2,503
19 years$9,075$7,424$6,032$4,871$3,912$2,147
20 years$8,531$6,899$5,535$4,411$3,495$1,844
21 years$8,039$6,426$5,092$4,003$3,127$1,587
22 years$7,593$5,998$4,693$3,640$2,803$1,366
23 years$7,186$5,610$4,333$3,315$2,516$1,178
24 years$6,813$5,256$4,007$3,024$2,262$1,016
25 years$6,471$4,933$3,711$2,761$2,035$878
26 years$6,156$4,636$3,442$2,525$1,833$758
27 years$5,864$4,363$3,196$2,311$1,653$655
28 years$5,594$4,111$2,971$2,117$1,491$567
29 years$5,343$3,878$2,765$1,942$1,347$490
30 years$5,109$3,663$2,576$1,782$1,217$424
31 years$4,891$3,463$2,401$1,637$1,100$367
32 years$4,687$3,276$2,240$1,504$995$318
33 years$4,495$3,103$2,092$1,383$901$275
34 years$4,315$2,941$1,954$1,273$815$239
35 years$4,146$2,789$1,827$1,171$738$207
36 years$3,986$2,647$1,709$1,079$669$179
37 years$3,836$2,514$1,600$994$606$155
38 years$3,694$2,390$1,498$916$550$135
39 years$3,559$2,272$1,404$845$499$117
40 years$3,432$2,162$1,316$779$452$101
41 years$3,311$2,058$1,234$719$410$88
42 years$3,196$1,960$1,157$664$372$76
43 years$3,086$1,867$1,086$612$338$66
44 years$2,982$1,780$1,019$566$307$57
45 years$2,883$1,697$957$522$278$50
46 years$2,789$1,619$899$482$253$43
47 years$2,698$1,545$845$446$230$37
48 years$2,612$1,475$794$412$208$32
49 years$2,530$1,409$746$381$189$28
50 years$2,451$1,346$701$352$172$24

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 $3,993 every year, while hoping to spend $21,679 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: 74/8/18 Blend
39$2,510,000$2,510,000$2,510,000$2,510,000
40$2,770,139$2,637,109$2,598,204$2,963,291
41$3,029,627$2,743,261$2,662,177$3,198,030
42$3,314,856$2,853,888$2,727,567$3,452,139
43$3,628,429$2,969,186$2,794,399$3,730,024
44$3,973,213$3,089,361$2,862,695$4,034,045
45$4,352,368$3,214,626$2,932,483$4,366,801
46$4,769,374$3,345,208$3,003,786$4,731,154
47$5,228,066$3,481,339$3,076,629$5,130,256
48$5,732,670$3,623,265$3,151,037$5,567,578
49$6,287,840$3,771,244$3,227,034$6,046,941
50$6,898,707$3,925,541$3,304,647$6,572,557
51$7,570,921$4,086,439$3,383,899$7,149,063
52$8,310,711$4,254,231$3,464,815$7,781,565
53$9,124,937$4,429,222$3,547,420$8,475,690
54$10,021,160$4,611,733$3,631,738$9,237,634
55$11,007,711$4,802,100$3,717,794$10,074,223
56$12,093,767$5,000,673$3,805,610$10,992,977
57$13,289,445$5,207,819$3,895,211$12,002,180
58$14,605,889$5,423,923$3,986,621$13,110,955
59$16,055,378$5,649,384$4,079,862$14,329,356
60$17,651,446$5,884,623$4,174,956$15,668,458
61$19,409,003$6,130,079$4,271,927$17,140,460
62$21,344,479$6,386,211$4,370,795$18,758,805
63$23,475,981$6,653,500$4,471,581$20,538,301
64$25,823,458$6,932,449$4,574,306$22,495,264
65$28,408,895$7,223,583$4,678,990$24,647,670
66$31,256,518$7,527,453$4,785,651$27,015,322
67$34,393,020$7,844,636$4,894,307$29,620,043
68$37,847,817$8,175,733$5,004,977$32,485,874
69$41,653,326$8,521,375$5,117,674$35,639,305
70$45,845,265$8,882,222$5,232,416$39,109,523
71$50,462,996$9,258,965$5,349,216$42,928,687
72$55,549,892$9,652,325$5,468,086$47,132,231
73$61,153,752$10,063,060$5,589,038$51,759,199
74$67,327,246$10,491,961$5,712,081$56,852,610
75$74,128,414$10,939,856$5,837,225$62,459,867
76$81,621,215$11,407,612$5,964,475$68,633,201
77$89,876,131$11,896,136$6,093,836$75,430,166
78$98,970,829$12,406,380$6,225,313$82,914,178
79$108,990,897$12,939,336$6,358,904$91,155,116
80$120,030,651$13,496,046$6,494,610$100,229,981
81$132,194,024$14,077,599$6,632,427$110,223,619
82$145,595,549$14,685,136$6,772,348$121,229,523
83$160,361,439$15,319,851$6,914,365$133,350,717
84$176,630,776$15,982,994$7,058,466$146,700,722
85$194,556,829$16,675,874$7,204,638$161,404,634
86$214,308,494$17,399,862$7,352,863$177,600,297
87$236,071,896$18,156,390$7,503,119$195,439,606
88$260,052,139$18,946,963$7,655,383$215,089,944
89$286,475,246$19,773,153$7,809,627$236,735,753
90$315,590,289$20,636,606$7,965,818$260,580,281
91$347,671,746$21,539,047$8,123,921$286,847,496
92$383,022,086$22,482,282$8,283,894$315,784,200
93$421,974,627$23,468,202$8,445,692$347,662,358
94$464,896,683$24,498,787$8,609,266$382,781,663
95$512,193,028$25,576,111$8,774,560$421,472,367
96$564,309,722$26,702,346$8,941,513$464,098,392
97$621,738,318$27,879,766$9,110,059$511,060,769
98$685,020,506$29,110,753$9,280,124$562,801,421
99$754,753,219$30,397,802$9,451,631$619,807,333
100$831,594,280$31,743,526$9,624,493$682,615,146