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%15.6%
1 years$212,228$210,338$208,493$206,693$204,935$200,225
2 years$105,063$103,107$101,210$99,372$97,588$92,869
3 years$69,347$67,381$65,490$63,668$61,914$57,333
4 years$51,492$49,532$47,660$45,870$44,158$39,750
5 years$40,781$38,834$36,986$35,232$33,568$29,346
6 years$33,644$31,711$29,890$28,175$26,561$22,529
7 years$28,547$26,631$24,839$23,165$21,601$17,760
8 years$24,727$22,828$21,065$19,432$17,920$14,269
9 years$21,757$19,875$18,144$16,552$15,092$11,626
10 years$19,382$17,519$15,818$14,268$12,859$9,576
11 years$17,440$15,596$13,926$12,417$11,059$7,955
12 years$15,824$13,998$12,359$10,892$9,583$6,653
13 years$14,457$12,650$11,042$9,616$8,357$5,594
14 years$13,286$11,499$9,921$8,536$7,326$4,725
15 years$12,272$10,505$8,957$7,612$6,450$4,006
16 years$11,386$9,638$8,121$6,816$5,701$3,406
17 years$10,605$8,876$7,390$6,124$5,055$2,904
18 years$9,912$8,202$6,746$5,519$4,494$2,481
19 years$9,292$7,601$6,176$4,987$4,006$2,123
20 years$8,735$7,064$5,668$4,517$3,578$1,820
21 years$8,231$6,579$5,213$4,099$3,202$1,562
22 years$7,774$6,142$4,805$3,727$2,870$1,342
23 years$7,358$5,744$4,436$3,394$2,576$1,154
24 years$6,976$5,382$4,103$3,096$2,316$994
25 years$6,626$5,051$3,800$2,827$2,084$856
26 years$6,303$4,747$3,524$2,585$1,877$738
27 years$6,005$4,467$3,273$2,366$1,692$636
28 years$5,728$4,209$3,042$2,168$1,527$549
29 years$5,471$3,971$2,831$1,988$1,379$474
30 years$5,231$3,750$2,637$1,825$1,246$409
31 years$5,008$3,545$2,459$1,676$1,126$353
32 years$4,799$3,355$2,294$1,540$1,019$305
33 years$4,602$3,177$2,142$1,416$922$263
34 years$4,418$3,011$2,001$1,303$835$228
35 years$4,245$2,856$1,871$1,199$756$197
36 years$4,082$2,711$1,750$1,105$685$170
37 years$3,928$2,574$1,638$1,018$621$147
38 years$3,782$2,447$1,534$938$563$127
39 years$3,644$2,327$1,437$865$510$110
40 years$3,514$2,213$1,347$798$463$95
41 years$3,390$2,107$1,263$736$420$82
42 years$3,272$2,007$1,185$679$381$71
43 years$3,160$1,912$1,112$627$346$61
44 years$3,054$1,822$1,044$579$314$53
45 years$2,952$1,738$980$535$285$46
46 years$2,855$1,658$920$494$259$40
47 years$2,763$1,582$865$456$235$34
48 years$2,674$1,510$813$422$213$30
49 years$2,590$1,442$764$390$194$26
50 years$2,509$1,378$718$360$176$22

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 $5,579 every year, while hoping to spend $42,307 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: 46/33/21 Blend
39$2,570,000$2,570,000$2,570,000$2,570,000
40$2,837,895$2,701,685$2,661,850$2,951,139
41$3,082,346$2,789,053$2,706,007$3,118,444
42$3,350,313$2,879,284$2,750,226$3,295,214
43$3,644,150$2,972,474$2,794,464$3,486,129
44$3,966,449$3,068,722$2,838,675$3,692,528
45$4,320,067$3,168,130$2,882,811$3,915,884
46$4,708,149$3,270,803$2,926,820$4,157,817
47$5,134,160$3,376,851$2,970,648$4,420,110
48$5,601,915$3,486,388$3,014,236$4,704,723
49$6,115,620$3,599,531$3,057,522$5,013,815
50$6,679,905$3,716,400$3,100,441$5,349,761
51$7,299,874$3,837,121$3,142,924$5,715,177
52$7,981,145$3,961,825$3,184,896$6,112,941
53$8,729,911$4,090,644$3,226,279$6,546,220
54$9,552,995$4,223,718$3,266,992$7,018,504
55$10,457,911$4,361,190$3,306,947$7,533,633
56$11,452,939$4,503,210$3,346,051$8,095,837
57$12,547,202$4,649,931$3,384,207$8,709,771
58$13,750,751$4,801,512$3,421,313$9,380,563
59$15,074,660$4,958,118$3,457,259$10,113,861
60$16,531,130$5,119,920$3,491,931$10,915,885
61$18,133,603$5,287,095$3,525,209$11,793,483
62$19,896,892$5,459,824$3,556,965$12,754,200
63$21,837,317$5,638,297$3,587,065$13,806,346
64$23,972,860$5,822,710$3,615,369$14,959,073
65$26,323,334$6,013,266$3,641,726$16,222,464
66$28,910,572$6,210,173$3,665,982$17,607,624
67$31,758,630$6,413,651$3,687,971$19,126,787
68$34,894,013$6,623,923$3,707,522$20,793,431
69$38,345,930$6,841,223$3,724,451$22,622,404
70$42,146,563$7,065,791$3,738,568$24,630,060
71$46,331,375$7,297,877$3,749,673$26,834,421
72$50,939,443$7,537,741$3,757,554$29,255,339
73$56,013,825$7,785,649$3,761,991$31,914,686
74$61,601,968$8,041,879$3,762,751$34,836,560
75$67,756,156$8,306,718$3,759,591$38,047,511
76$74,534,002$8,580,465$3,752,255$41,576,793
77$81,998,989$8,863,426$3,740,474$45,456,634
78$90,221,074$9,155,923$3,723,968$49,722,548
79$99,277,344$9,458,284$3,702,442$54,413,663
80$109,252,747$9,770,853$3,675,587$59,573,091
81$120,240,887$10,093,985$3,643,080$65,248,336
82$132,344,916$10,428,049$3,604,581$71,491,741
83$145,678,498$10,773,424$3,559,735$78,360,980
84$160,366,889$11,130,506$3,508,171$85,919,605
85$176,548,115$11,499,704$3,449,498$94,237,641
86$194,374,277$11,881,443$3,383,310$103,392,249
87$214,012,981$12,276,162$3,309,179$113,468,454
88$235,648,928$12,684,317$3,226,660$124,559,944
89$259,485,651$13,106,381$3,135,284$136,769,956
90$285,747,436$13,542,842$3,034,565$150,212,251
91$314,681,441$13,994,208$2,923,990$165,012,182
92$346,560,030$14,461,006$2,803,026$181,307,884
93$381,683,340$14,943,782$2,671,113$199,251,568
94$420,382,113$15,443,100$2,527,668$219,010,965
95$463,020,824$15,959,548$2,372,081$240,770,906
96$510,001,116$16,493,733$2,203,713$264,735,063
97$561,765,590$17,046,286$2,021,898$291,127,875
98$618,801,988$17,617,862$1,825,940$320,196,664
99$681,647,793$18,209,139$1,615,110$352,213,966
100$750,895,302$18,820,821$1,388,650$387,480,110