Can I retire at age 40 with 2,580,000?

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 $2,580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$213,054$211,156$209,305$207,497$205,733$203,246
2 years$105,472$103,508$101,604$99,758$97,968$95,466
3 years$69,616$67,644$65,745$63,916$62,155$59,714
4 years$51,692$49,725$47,845$46,048$44,329$41,970
5 years$40,940$38,985$37,130$35,369$33,699$31,426
6 years$33,775$31,834$30,006$28,285$26,664$24,482
7 years$28,658$26,734$24,936$23,255$21,685$19,594
8 years$24,823$22,916$21,147$19,508$17,990$15,990
9 years$21,841$19,953$18,214$16,616$15,150$13,240
10 years$19,457$17,587$15,880$14,323$12,909$11,088
11 years$17,508$15,657$13,980$12,466$11,102$9,368
12 years$15,885$14,053$12,407$10,934$9,621$7,972
13 years$14,513$12,700$11,085$9,653$8,389$6,824
14 years$13,338$11,544$9,960$8,569$7,354$5,870
15 years$12,320$10,545$8,992$7,642$6,475$5,070
16 years$11,430$9,675$8,153$6,843$5,723$4,393
17 years$10,646$8,910$7,419$6,148$5,074$3,818
18 years$9,950$8,234$6,772$5,541$4,512$3,327
19 years$9,328$7,631$6,200$5,006$4,021$2,904
20 years$8,769$7,091$5,690$4,534$3,592$2,540
21 years$8,263$6,605$5,234$4,115$3,214$2,225
22 years$7,804$6,166$4,824$3,742$2,881$1,952
23 years$7,386$5,766$4,454$3,408$2,586$1,715
24 years$7,003$5,403$4,119$3,108$2,325$1,507
25 years$6,652$5,070$3,815$2,838$2,092$1,326
26 years$6,328$4,765$3,538$2,595$1,884$1,168
27 years$6,028$4,485$3,285$2,375$1,699$1,029
28 years$5,750$4,226$3,054$2,176$1,533$908
29 years$5,492$3,987$2,842$1,996$1,384$801
30 years$5,252$3,765$2,647$1,832$1,251$707
31 years$5,027$3,559$2,468$1,682$1,131$624
32 years$4,817$3,368$2,303$1,546$1,023$551
33 years$4,620$3,189$2,150$1,422$926$487
34 years$4,436$3,023$2,009$1,308$838$431
35 years$4,262$2,867$1,878$1,204$759$381
36 years$4,098$2,721$1,757$1,109$688$337
37 years$3,943$2,584$1,645$1,022$623$298
38 years$3,797$2,456$1,540$942$565$263
39 years$3,658$2,336$1,443$868$512$233
40 years$3,527$2,222$1,352$801$465$206
41 years$3,403$2,115$1,268$739$422$182
42 years$3,285$2,014$1,190$682$383$161
43 years$3,172$1,919$1,116$630$347$143
44 years$3,065$1,830$1,048$581$315$127
45 years$2,963$1,745$984$537$286$112
46 years$2,866$1,664$924$496$260$99
47 years$2,774$1,588$868$458$236$88
48 years$2,685$1,516$816$423$214$78
49 years$2,600$1,448$767$391$195$69
50 years$2,519$1,383$721$362$177$61

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,580,000, adding $2,748 every year, while hoping to spend $51,428 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: 63/14/23 Blend
39$2,580,000$2,580,000$2,580,000$2,580,000
40$2,845,995$2,709,255$2,669,265$3,008,015
41$3,081,567$2,787,289$2,703,966$3,195,809
42$3,339,444$2,867,424$2,738,106$3,394,863
43$3,621,847$2,949,707$2,771,612$3,611,113
44$3,931,221$3,034,188$2,804,407$3,846,245
45$4,270,259$3,120,917$2,836,408$4,102,119
46$4,641,928$3,209,944$2,867,530$4,380,780
47$5,049,494$3,301,321$2,897,682$4,684,483
48$5,496,556$3,395,099$2,926,768$5,015,710
49$5,987,077$3,491,331$2,954,686$5,377,196
50$6,525,422$3,590,069$2,981,331$5,771,956
51$7,116,399$3,691,367$3,006,590$6,203,308
52$7,765,305$3,795,278$3,030,345$6,674,910
53$8,477,976$3,901,856$3,052,471$7,190,792
54$9,260,838$4,011,155$3,072,837$7,755,392
55$10,120,973$4,123,231$3,091,306$8,373,602
56$11,066,180$4,238,138$3,107,733$9,050,811
57$12,105,054$4,355,930$3,121,966$9,792,958
58$13,247,062$4,476,663$3,133,844$10,606,586
59$14,502,634$4,600,391$3,143,200$11,498,905
60$15,883,263$4,727,171$3,149,857$12,477,859
61$17,401,609$4,857,055$3,153,630$13,552,202
62$19,071,620$4,990,098$3,154,325$14,731,581
63$20,908,667$5,126,355$3,151,736$16,026,625
64$22,929,683$5,265,877$3,145,651$17,449,048
65$25,153,325$5,408,719$3,135,844$19,011,757
66$27,600,149$5,554,932$3,122,081$20,728,977
67$30,292,808$5,704,567$3,104,113$22,616,381
68$33,256,256$5,857,673$3,081,684$24,691,243
69$36,517,995$6,014,300$3,054,520$26,972,597
70$40,108,323$6,174,493$3,022,339$29,481,418
71$44,060,628$6,338,299$2,984,844$32,240,823
72$48,411,697$6,505,761$2,941,721$35,276,284
73$53,202,067$6,676,920$2,892,646$38,615,873
74$58,476,405$6,851,816$2,837,277$42,290,525
75$64,283,929$7,030,486$2,775,256$46,334,331
76$70,678,872$7,212,962$2,706,210$50,784,860
77$77,720,997$7,399,277$2,629,747$55,683,514
78$85,476,153$7,589,456$2,545,458$61,075,918
79$94,016,906$7,783,524$2,452,916$67,012,352
80$103,423,214$7,981,501$2,351,672$73,548,226
81$113,783,187$8,183,400$2,241,259$80,744,602
82$125,193,919$8,389,233$2,121,188$88,668,773
83$137,762,398$8,599,005$1,990,947$97,394,898
84$151,606,520$8,812,714$1,850,001$107,004,700
85$166,856,203$9,030,354$1,697,794$117,588,242
86$183,654,606$9,251,912$1,533,740$129,244,775
87$202,159,487$9,477,367$1,357,232$142,083,676
88$222,544,688$9,706,691$1,167,632$156,225,481
89$245,001,774$9,939,847$964,276$171,803,024
90$269,741,845$10,176,790$746,470$188,962,691
91$296,997,525$10,417,464$513,488$207,865,805
92$327,025,158$10,661,805$264,575$228,690,146
93$360,107,227$10,909,736$0$251,631,633
94$396,555,020$11,161,170$0$276,906,432
95$436,711,569$11,416,004$0$304,821,525
96$480,954,886$11,674,125$0$335,574,336
97$529,701,532$11,935,404$0$369,454,046
98$583,410,546$12,199,697$0$406,779,326
99$642,587,783$12,466,844$0$447,901,343
100$707,790,683$12,736,666$0$493,207,080