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%16%
1 years$212,228$210,338$208,493$206,693$204,935$199,900
2 years$105,063$103,107$101,210$99,372$97,588$92,546
3 years$69,347$67,381$65,490$63,668$61,914$57,023
4 years$51,492$49,532$47,660$45,870$44,158$39,455
5 years$40,781$38,834$36,986$35,232$33,568$29,067
6 years$33,644$31,711$29,890$28,175$26,561$22,267
7 years$28,547$26,631$24,839$23,165$21,601$17,514
8 years$24,727$22,828$21,065$19,432$17,920$14,038
9 years$21,757$19,875$18,144$16,552$15,092$11,411
10 years$19,382$17,519$15,818$14,268$12,859$9,376
11 years$17,440$15,596$13,926$12,417$11,059$7,768
12 years$15,824$13,998$12,359$10,892$9,583$6,480
13 years$14,457$12,650$11,042$9,616$8,357$5,434
14 years$13,286$11,499$9,921$8,536$7,326$4,577
15 years$12,272$10,505$8,957$7,612$6,450$3,870
16 years$11,386$9,638$8,121$6,816$5,701$3,281
17 years$10,605$8,876$7,390$6,124$5,055$2,789
18 years$9,912$8,202$6,746$5,519$4,494$2,376
19 years$9,292$7,601$6,176$4,987$4,006$2,027
20 years$8,735$7,064$5,668$4,517$3,578$1,733
21 years$8,231$6,579$5,213$4,099$3,202$1,482
22 years$7,774$6,142$4,805$3,727$2,870$1,270
23 years$7,358$5,744$4,436$3,394$2,576$1,089
24 years$6,976$5,382$4,103$3,096$2,316$934
25 years$6,626$5,051$3,800$2,827$2,084$802
26 years$6,303$4,747$3,524$2,585$1,877$689
27 years$6,005$4,467$3,273$2,366$1,692$592
28 years$5,728$4,209$3,042$2,168$1,527$509
29 years$5,471$3,971$2,831$1,988$1,379$438
30 years$5,231$3,750$2,637$1,825$1,246$377
31 years$5,008$3,545$2,459$1,676$1,126$324
32 years$4,799$3,355$2,294$1,540$1,019$279
33 years$4,602$3,177$2,142$1,416$922$240
34 years$4,418$3,011$2,001$1,303$835$207
35 years$4,245$2,856$1,871$1,199$756$178
36 years$4,082$2,711$1,750$1,105$685$154
37 years$3,928$2,574$1,638$1,018$621$132
38 years$3,782$2,447$1,534$938$563$114
39 years$3,644$2,327$1,437$865$510$98
40 years$3,514$2,213$1,347$798$463$85
41 years$3,390$2,107$1,263$736$420$73
42 years$3,272$2,007$1,185$679$381$63
43 years$3,160$1,912$1,112$627$346$54
44 years$3,054$1,822$1,044$579$314$47
45 years$2,952$1,738$980$535$285$40
46 years$2,855$1,658$920$494$259$35
47 years$2,763$1,582$865$456$235$30
48 years$2,674$1,510$813$422$213$26
49 years$2,590$1,442$764$390$194$22
50 years$2,509$1,378$718$360$176$19

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 $2,882 every year, while hoping to spend $47,094 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: 43/49/8 Blend
39$2,570,000$2,570,000$2,570,000$2,570,000
40$2,835,113$2,698,903$2,659,068$2,950,352
41$3,074,187$2,781,041$2,698,039$3,112,826
42$3,336,068$2,865,626$2,736,737$3,283,709
43$3,623,032$2,952,728$2,775,104$3,467,749
44$3,937,588$3,042,418$2,813,076$3,666,164
45$4,282,496$3,134,771$2,850,588$3,880,296
46$4,660,798$3,229,862$2,887,570$4,111,619
47$5,075,844$3,327,769$2,923,948$4,361,756
48$5,531,323$3,428,573$2,959,643$4,632,489
49$6,031,299$3,532,355$2,994,573$4,925,779
50$6,580,251$3,639,199$3,028,650$5,243,784
51$7,183,109$3,749,192$3,061,782$5,588,879
52$7,845,306$3,862,422$3,093,872$5,963,674
53$8,572,827$3,978,981$3,124,817$6,371,045
54$9,372,266$4,098,961$3,154,508$6,814,154
55$10,250,884$4,222,458$3,182,832$7,296,483
56$11,216,686$4,349,569$3,209,668$7,821,865
57$12,278,485$4,480,396$3,234,889$8,394,518
58$13,445,996$4,615,041$3,258,363$9,019,088
59$14,729,919$4,753,609$3,279,950$9,700,686
60$16,142,043$4,896,208$3,299,501$10,444,944
61$17,695,359$5,042,950$3,316,861$11,258,061
62$19,404,178$5,193,946$3,331,868$12,146,863
63$21,284,269$5,349,315$3,344,351$13,118,870
64$23,353,006$5,509,173$3,354,129$14,182,359
65$25,629,534$5,673,644$3,361,013$15,346,451
66$28,134,945$5,842,851$3,364,806$16,621,187
67$30,892,481$6,016,922$3,365,298$18,017,630
68$33,927,750$6,195,987$3,362,272$19,547,963
69$37,268,970$6,380,180$3,355,497$21,225,607
70$40,947,233$6,569,637$3,344,734$23,065,347
71$44,996,798$6,764,497$3,329,731$25,083,468
72$49,455,418$6,964,904$3,310,223$27,297,910
73$54,364,688$7,171,002$3,285,933$29,728,436
74$59,770,446$7,382,941$3,256,572$32,396,820
75$65,723,199$7,600,872$3,221,834$35,327,048
76$72,278,602$7,824,951$3,181,402$38,545,547
77$79,497,982$8,055,337$3,134,942$42,081,431
78$87,448,918$8,292,191$3,082,105$45,966,779
79$96,205,878$8,535,678$3,022,525$50,236,931
80$105,850,918$8,785,967$2,955,820$54,930,828
81$116,474,462$9,043,229$2,881,590$60,091,371
82$128,176,149$9,307,640$2,799,416$65,765,834
83$141,065,780$9,579,377$2,708,860$72,006,300
84$155,264,346$9,858,624$2,609,463$78,870,159
85$170,905,177$10,145,563$2,500,748$86,420,647
86$188,135,194$10,440,385$2,382,212$94,727,439
87$207,116,300$10,743,280$2,253,332$103,867,311
88$228,026,905$11,054,443$2,113,561$113,924,859
89$251,063,611$11,374,073$1,962,328$124,993,300
90$276,443,068$11,702,371$1,799,034$137,175,350
91$304,404,014$12,039,540$1,623,054$150,584,191
92$335,209,535$12,385,789$1,433,738$165,344,543
93$369,149,543$12,741,328$1,230,404$181,593,836
94$406,543,514$13,106,371$1,012,340$199,483,508
95$447,743,502$13,481,133$778,803$219,180,433
96$493,137,465$13,865,834$529,019$240,868,498
97$543,152,921$14,260,695$262,176$264,750,336
98$598,260,991$14,665,940$0$291,049,235
99$658,980,837$15,081,797$0$320,013,181
100$725,884,570$15,508,493$0$351,935,395