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

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$212,228$210,338$208,493$206,693$204,935$203,134
2 years$105,063$103,107$101,210$99,372$97,588$95,773
3 years$69,347$67,381$65,490$63,668$61,914$60,141
4 years$51,492$49,532$47,660$45,870$44,158$42,440
5 years$40,781$38,834$36,986$35,232$33,568$31,912
6 years$33,644$31,711$29,890$28,175$26,561$24,968
7 years$28,547$26,631$24,839$23,165$21,601$20,072
8 years$24,727$22,828$21,065$19,432$17,920$16,455
9 years$21,757$19,875$18,144$16,552$15,092$13,690
10 years$19,382$17,519$15,818$14,268$12,859$11,520
11 years$17,440$15,596$13,926$12,417$11,059$9,781
12 years$15,824$13,998$12,359$10,892$9,583$8,366
13 years$14,457$12,650$11,042$9,616$8,357$7,199
14 years$13,286$11,499$9,921$8,536$7,326$6,225
15 years$12,272$10,505$8,957$7,612$6,450$5,405
16 years$11,386$9,638$8,121$6,816$5,701$4,710
17 years$10,605$8,876$7,390$6,124$5,055$4,116
18 years$9,912$8,202$6,746$5,519$4,494$3,607
19 years$9,292$7,601$6,176$4,987$4,006$3,167
20 years$8,735$7,064$5,668$4,517$3,578$2,787
21 years$8,231$6,579$5,213$4,099$3,202$2,456
22 years$7,774$6,142$4,805$3,727$2,870$2,167
23 years$7,358$5,744$4,436$3,394$2,576$1,915
24 years$6,976$5,382$4,103$3,096$2,316$1,694
25 years$6,626$5,051$3,800$2,827$2,084$1,500
26 years$6,303$4,747$3,524$2,585$1,877$1,330
27 years$6,005$4,467$3,273$2,366$1,692$1,179
28 years$5,728$4,209$3,042$2,168$1,527$1,046
29 years$5,471$3,971$2,831$1,988$1,379$929
30 years$5,231$3,750$2,637$1,825$1,246$826
31 years$5,008$3,545$2,459$1,676$1,126$734
32 years$4,799$3,355$2,294$1,540$1,019$652
33 years$4,602$3,177$2,142$1,416$922$580
34 years$4,418$3,011$2,001$1,303$835$516
35 years$4,245$2,856$1,871$1,199$756$460
36 years$4,082$2,711$1,750$1,105$685$409
37 years$3,928$2,574$1,638$1,018$621$364
38 years$3,782$2,447$1,534$938$563$325
39 years$3,644$2,327$1,437$865$510$289
40 years$3,514$2,213$1,347$798$463$258
41 years$3,390$2,107$1,263$736$420$229
42 years$3,272$2,007$1,185$679$381$205
43 years$3,160$1,912$1,112$627$346$182
44 years$3,054$1,822$1,044$579$314$162
45 years$2,952$1,738$980$535$285$145
46 years$2,855$1,658$920$494$259$129
47 years$2,763$1,582$865$456$235$115
48 years$2,674$1,510$813$422$213$103
49 years$2,590$1,442$764$390$194$92
50 years$2,509$1,378$718$360$176$82

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 $4,420 every year, while hoping to spend $24,842 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: 40/39/21 Blend
39$2,570,000$2,570,000$2,570,000$2,570,000
40$2,836,699$2,700,489$2,660,654$2,932,364
41$3,099,611$2,806,382$2,723,354$3,107,260
42$3,388,507$2,916,630$2,787,323$3,293,648
43$3,706,011$3,031,422$2,852,575$3,494,786
44$4,055,016$3,150,952$2,919,127$3,712,032
45$4,438,704$3,275,426$2,986,995$3,946,876
46$4,860,587$3,405,057$3,056,194$4,200,957
47$5,324,529$3,540,067$3,126,739$4,476,072
48$5,834,791$3,680,690$3,198,644$4,774,199
49$6,396,064$3,827,169$3,271,924$5,097,508
50$7,013,521$3,979,758$3,346,591$5,448,385
51$7,692,857$4,138,723$3,422,659$5,829,454
52$8,440,351$4,304,343$3,500,140$6,243,598
53$9,262,917$4,476,906$3,579,046$6,693,987
54$10,168,178$4,656,717$3,659,387$7,184,106
55$11,164,529$4,844,093$3,741,173$7,717,788
56$12,261,222$5,039,365$3,824,414$8,299,251
57$13,468,452$5,242,880$3,909,117$8,933,130
58$14,797,453$5,454,999$3,995,291$9,624,528
59$16,260,601$5,676,102$4,082,941$10,379,056
60$17,871,534$5,906,583$4,172,072$11,202,890
61$19,645,282$6,146,857$4,262,688$12,102,824
62$21,598,404$6,397,357$4,354,791$13,086,335
63$23,749,148$6,658,534$4,448,383$14,161,653
64$26,117,620$6,930,861$4,543,463$15,337,833
65$28,725,978$7,214,833$4,640,029$16,624,845
66$31,598,635$7,510,968$4,738,077$18,033,661
67$34,762,495$7,819,805$4,837,603$19,576,360
68$38,247,205$8,141,910$4,938,597$21,266,241
69$42,085,431$8,477,875$5,041,051$23,117,942
70$46,313,172$8,828,317$5,144,953$25,147,584
71$50,970,095$9,193,885$5,250,290$27,372,912
72$56,099,914$9,575,255$5,357,044$29,813,469
73$61,750,797$9,973,134$5,465,196$32,490,773
74$67,975,824$10,388,263$5,574,726$35,428,520
75$74,833,487$10,821,416$5,685,608$38,652,806
76$82,388,241$11,273,404$5,797,814$42,192,367
77$90,711,115$11,745,074$5,911,314$46,078,853
78$99,880,379$12,237,313$6,026,073$50,347,121
79$109,982,285$12,751,049$6,142,054$55,035,564
80$121,111,879$13,287,252$6,259,215$60,186,464
81$133,373,902$13,846,939$6,377,509$65,846,398
82$146,883,772$14,431,171$6,496,888$72,066,666
83$161,768,680$15,041,061$6,617,297$78,903,777
84$178,168,785$15,677,773$6,738,676$86,419,977
85$196,238,541$16,342,524$6,860,962$94,683,834
86$216,148,154$17,036,589$6,984,085$103,770,880
87$238,085,185$17,761,301$7,107,972$113,764,323
88$262,256,326$18,518,057$7,232,541$124,755,827
89$288,889,346$19,308,317$7,357,706$136,846,370
90$318,235,246$20,133,611$7,483,376$150,147,200
91$350,570,621$20,995,538$7,609,449$164,780,874
92$386,200,279$21,895,774$7,735,820$180,882,413
93$425,460,113$22,836,073$7,862,376$198,600,571
94$468,720,274$23,818,269$7,988,994$218,099,236
95$516,388,662$24,844,285$8,115,546$239,558,970
96$568,914,783$25,916,132$8,241,894$263,178,706
97$626,793,983$27,035,915$8,367,890$289,177,625
98$690,572,134$28,205,839$8,493,378$317,797,213
99$760,850,778$29,428,212$8,618,193$349,303,540
100$838,292,813$30,705,450$8,742,159$383,989,762