Can I retire at age 40 with 2,570,000?

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$212,228$210,338$208,493$206,693$204,935$202,627
2 years$105,063$103,107$101,210$99,372$97,588$95,264
3 years$69,347$67,381$65,490$63,668$61,914$59,646
4 years$51,492$49,532$47,660$45,870$44,158$41,964
5 years$40,781$38,834$36,986$35,232$33,568$31,455
6 years$33,644$31,711$29,890$28,175$26,561$24,531
7 years$28,547$26,631$24,839$23,165$21,601$19,655
8 years$24,727$22,828$21,065$19,432$17,920$16,058
9 years$21,757$19,875$18,144$16,552$15,092$13,313
10 years$19,382$17,519$15,818$14,268$12,859$11,162
11 years$17,440$15,596$13,926$12,417$11,059$9,442
12 years$15,824$13,998$12,359$10,892$9,583$8,046
13 years$14,457$12,650$11,042$9,616$8,357$6,896
14 years$13,286$11,499$9,921$8,536$7,326$5,940
15 years$12,272$10,505$8,957$7,612$6,450$5,137
16 years$11,386$9,638$8,121$6,816$5,701$4,458
17 years$10,605$8,876$7,390$6,124$5,055$3,880
18 years$9,912$8,202$6,746$5,519$4,494$3,385
19 years$9,292$7,601$6,176$4,987$4,006$2,960
20 years$8,735$7,064$5,668$4,517$3,578$2,592
21 years$8,231$6,579$5,213$4,099$3,202$2,274
22 years$7,774$6,142$4,805$3,727$2,870$1,998
23 years$7,358$5,744$4,436$3,394$2,576$1,758
24 years$6,976$5,382$4,103$3,096$2,316$1,548
25 years$6,626$5,051$3,800$2,827$2,084$1,364
26 years$6,303$4,747$3,524$2,585$1,877$1,203
27 years$6,005$4,467$3,273$2,366$1,692$1,062
28 years$5,728$4,209$3,042$2,168$1,527$938
29 years$5,471$3,971$2,831$1,988$1,379$829
30 years$5,231$3,750$2,637$1,825$1,246$733
31 years$5,008$3,545$2,459$1,676$1,126$648
32 years$4,799$3,355$2,294$1,540$1,019$573
33 years$4,602$3,177$2,142$1,416$922$508
34 years$4,418$3,011$2,001$1,303$835$449
35 years$4,245$2,856$1,871$1,199$756$398
36 years$4,082$2,711$1,750$1,105$685$352
37 years$3,928$2,574$1,638$1,018$621$312
38 years$3,782$2,447$1,534$938$563$277
39 years$3,644$2,327$1,437$865$510$245
40 years$3,514$2,213$1,347$798$463$217
41 years$3,390$2,107$1,263$736$420$193
42 years$3,272$2,007$1,185$679$381$171
43 years$3,160$1,912$1,112$627$346$151
44 years$3,054$1,822$1,044$579$314$134
45 years$2,952$1,738$980$535$285$119
46 years$2,855$1,658$920$494$259$106
47 years$2,763$1,582$865$456$235$94
48 years$2,674$1,510$813$422$213$83
49 years$2,590$1,442$764$390$194$74
50 years$2,509$1,378$718$360$176$65

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,570,000, adding $4,257 every year, while hoping to spend $25,271 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: 38/49/13 Blend
39$2,570,000$2,570,000$2,570,000$2,570,000
40$2,836,531$2,700,321$2,660,486$2,932,973
41$3,098,969$2,805,749$2,722,724$3,107,524
42$3,387,329$2,915,495$2,786,200$3,293,273
43$3,704,228$3,029,746$2,850,929$3,493,459
44$4,052,549$3,148,693$2,916,925$3,709,390
45$4,435,469$3,272,540$2,984,203$3,942,501
46$4,856,489$3,401,496$3,052,775$4,194,369
47$5,319,463$3,535,782$3,122,656$4,466,724
48$5,828,641$3,675,627$3,193,857$4,761,464
49$6,388,702$3,821,273$3,266,392$5,080,675
50$7,004,805$3,972,970$3,340,270$5,426,646
51$7,682,629$4,130,981$3,415,504$5,801,894
52$8,428,438$4,295,579$3,492,103$6,209,183
53$9,249,127$4,467,050$3,570,078$6,651,549
54$10,152,297$4,645,696$3,649,435$7,132,331
55$11,146,324$4,831,827$3,730,183$7,655,197
56$12,240,434$5,025,771$3,812,329$8,224,180
57$13,444,794$5,227,870$3,895,878$8,843,714
58$14,770,608$5,438,480$3,980,835$9,518,676
59$16,230,219$5,657,976$4,067,202$10,254,426
60$17,837,231$5,886,746$4,154,983$11,056,862
61$19,606,632$6,125,199$4,244,178$11,932,470
62$21,554,936$6,373,762$4,334,786$12,888,385
63$23,700,343$6,632,880$4,426,805$13,932,456
64$26,062,906$6,903,019$4,520,230$15,073,322
65$28,664,721$7,184,666$4,615,057$16,320,484
66$31,530,139$7,478,331$4,711,278$17,684,401
67$34,685,991$7,784,546$4,808,883$19,176,580
68$38,161,842$8,103,869$4,907,861$20,809,688
69$41,990,273$8,436,882$5,008,197$22,597,666
70$46,207,186$8,784,194$5,109,877$24,555,859
71$50,852,142$9,146,443$5,212,881$26,701,159
72$55,968,736$9,524,294$5,317,188$29,052,162
73$61,605,007$9,918,444$5,422,774$31,629,339
74$67,813,893$10,329,623$5,529,612$34,455,229
75$74,653,729$10,758,593$5,637,672$37,554,650
76$82,188,796$11,206,151$5,746,921$40,954,926
77$90,489,932$11,673,132$5,857,322$44,686,143
78$99,635,198$12,160,408$5,968,835$48,781,435
79$109,710,612$12,668,892$6,081,415$53,277,287
80$120,810,966$13,199,539$6,195,014$58,213,876
81$133,040,717$13,753,349$6,309,580$63,635,454
82$146,514,975$14,331,368$6,425,055$69,590,752
83$161,360,586$14,934,688$6,541,378$76,133,445
84$177,717,333$15,564,456$6,658,482$83,322,646
85$195,739,255$16,221,868$6,776,294$91,223,466
86$215,596,097$16,908,177$6,894,739$99,907,624
87$237,474,918$17,624,697$7,013,731$109,454,114
88$261,581,851$18,372,798$7,133,182$119,949,950
89$288,144,052$19,153,918$7,252,997$131,490,983
90$317,411,845$19,969,560$7,373,072$144,182,796
91$349,661,082$20,821,296$7,493,298$158,141,701
92$385,195,747$21,710,775$7,613,558$173,495,824
93$424,350,829$22,639,719$7,733,728$190,386,314
94$467,495,480$23,609,932$7,853,675$208,968,668
95$515,036,504$24,623,303$7,973,258$229,414,191
96$567,422,191$25,681,808$8,092,325$251,911,604
97$625,146,554$26,787,517$8,210,719$276,668,824
98$688,753,993$27,942,596$8,328,268$303,914,913
99$758,844,430$29,149,312$8,444,794$333,902,237
100$836,078,972$30,410,039$8,560,105$366,908,837