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

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 $2,580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$213,054$211,156$209,305$207,497$205,733$200,434
2 years$105,472$103,508$101,604$99,758$97,968$92,665
3 years$69,616$67,644$65,745$63,916$62,155$57,013
4 years$51,692$49,725$47,845$46,048$44,329$39,389
5 years$40,940$38,985$37,130$35,369$33,699$28,973
6 years$33,775$31,834$30,006$28,285$26,664$22,158
7 years$28,658$26,734$24,936$23,255$21,685$17,399
8 years$24,823$22,916$21,147$19,508$17,990$13,921
9 years$21,841$19,953$18,214$16,616$15,150$11,295
10 years$19,457$17,587$15,880$14,323$12,909$9,263
11 years$17,508$15,657$13,980$12,466$11,102$7,661
12 years$15,885$14,053$12,407$10,934$9,621$6,377
13 years$14,513$12,700$11,085$9,653$8,389$5,338
14 years$13,338$11,544$9,960$8,569$7,354$4,487
15 years$12,320$10,545$8,992$7,642$6,475$3,785
16 years$11,430$9,675$8,153$6,843$5,723$3,203
17 years$10,646$8,910$7,419$6,148$5,074$2,716
18 years$9,950$8,234$6,772$5,541$4,512$2,309
19 years$9,328$7,631$6,200$5,006$4,021$1,966
20 years$8,769$7,091$5,690$4,534$3,592$1,676
21 years$8,263$6,605$5,234$4,115$3,214$1,431
22 years$7,804$6,166$4,824$3,742$2,881$1,223
23 years$7,386$5,766$4,454$3,408$2,586$1,046
24 years$7,003$5,403$4,119$3,108$2,325$895
25 years$6,652$5,070$3,815$2,838$2,092$767
26 years$6,328$4,765$3,538$2,595$1,884$657
27 years$6,028$4,485$3,285$2,375$1,699$564
28 years$5,750$4,226$3,054$2,176$1,533$483
29 years$5,492$3,987$2,842$1,996$1,384$415
30 years$5,252$3,765$2,647$1,832$1,251$356
31 years$5,027$3,559$2,468$1,682$1,131$306
32 years$4,817$3,368$2,303$1,546$1,023$262
33 years$4,620$3,189$2,150$1,422$926$225
34 years$4,436$3,023$2,009$1,308$838$194
35 years$4,262$2,867$1,878$1,204$759$166
36 years$4,098$2,721$1,757$1,109$688$143
37 years$3,943$2,584$1,645$1,022$623$123
38 years$3,797$2,456$1,540$942$565$106
39 years$3,658$2,336$1,443$868$512$91
40 years$3,527$2,222$1,352$801$465$78
41 years$3,403$2,115$1,268$739$422$67
42 years$3,285$2,014$1,190$682$383$58
43 years$3,172$1,919$1,116$630$347$50
44 years$3,065$1,830$1,048$581$315$43
45 years$2,963$1,745$984$537$286$37
46 years$2,866$1,664$924$496$260$31
47 years$2,774$1,588$868$458$236$27
48 years$2,685$1,516$816$423$214$23
49 years$2,600$1,448$767$391$195$20
50 years$2,519$1,383$721$362$177$17

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 $2,356 every year, while hoping to spend $22,599 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: 61/16/23 Blend
39$2,580,000$2,580,000$2,580,000$2,580,000
40$2,845,590$2,708,850$2,668,860$3,001,729
41$3,111,795$2,817,539$2,734,222$3,216,515
42$3,404,396$2,930,796$2,801,016$3,448,152
43$3,726,060$3,048,821$2,869,266$3,700,475
44$4,079,729$3,171,823$2,938,997$3,975,500
45$4,468,640$3,300,021$3,010,232$4,275,449
46$4,896,363$3,433,644$3,082,996$4,602,763
47$5,366,829$3,572,930$3,157,314$4,960,132
48$5,884,370$3,718,128$3,233,208$5,350,515
49$6,453,759$3,869,500$3,310,704$5,777,170
50$7,080,256$4,027,318$3,389,826$6,243,685
51$7,769,653$4,191,868$3,470,597$6,754,008
52$8,528,337$4,363,449$3,553,040$7,312,485
53$9,363,341$4,542,371$3,637,181$7,923,905
54$10,282,416$4,728,962$3,723,041$8,593,538
55$11,294,103$4,923,562$3,810,644$9,327,188
56$12,407,814$5,126,528$3,900,012$10,131,247
57$13,633,916$5,338,233$3,991,168$11,012,752
58$14,983,837$5,559,068$4,084,133$11,979,456
59$16,470,167$5,789,441$4,178,930$13,039,896
60$18,106,778$6,029,778$4,275,579$14,203,474
61$19,908,959$6,280,527$4,374,100$15,480,546
62$21,893,554$6,542,153$4,474,513$16,882,520
63$24,079,124$6,815,147$4,576,837$18,421,960
64$26,486,124$7,100,018$4,681,091$20,112,704
65$29,137,093$7,397,303$4,787,291$21,969,999
66$32,056,866$7,707,560$4,895,455$24,010,638
67$35,272,811$8,031,376$5,005,598$26,253,119
68$38,815,086$8,369,362$5,117,734$28,717,821
69$42,716,923$8,722,159$5,231,876$31,427,196
70$47,014,943$9,090,438$5,348,037$34,405,976
71$51,749,498$9,474,901$5,466,228$37,681,406
72$56,965,058$9,876,282$5,586,458$41,283,506
73$62,710,625$10,295,350$5,708,735$45,245,347
74$69,040,195$10,732,909$5,833,064$49,603,363
75$76,013,274$11,189,801$5,959,450$54,397,698
76$83,695,432$11,666,906$6,087,897$59,672,577
77$92,158,929$12,165,146$6,218,404$65,476,730
78$101,483,388$12,685,487$6,350,969$71,863,843
79$111,756,557$13,228,939$6,485,589$78,893,071
80$123,075,127$13,796,558$6,622,258$86,629,587
81$135,545,652$14,389,452$6,760,966$95,145,204
82$149,285,552$15,008,779$6,901,702$104,519,045
83$164,424,221$15,655,751$7,044,451$114,838,291
84$181,104,247$16,331,639$7,189,196$126,199,003
85$199,482,762$17,037,771$7,335,916$138,707,025
86$219,732,921$17,775,539$7,484,586$152,478,984
87$242,045,538$18,546,399$7,635,179$167,643,387
88$266,630,887$19,351,877$7,787,662$184,341,833
89$293,720,689$20,193,570$7,941,999$202,730,349
90$323,570,293$21,073,149$8,098,150$222,980,857
91$356,461,095$21,992,366$8,256,071$245,282,801
92$392,703,188$22,953,053$8,415,710$269,844,928
93$432,638,291$23,957,130$8,577,014$296,897,256
94$476,642,975$25,006,607$8,739,922$326,693,248
95$525,132,217$26,103,590$8,904,368$359,512,199
96$578,563,319$27,250,282$9,070,281$395,661,868
97$637,440,224$28,448,991$9,237,581$435,481,384
98$702,318,271$29,702,137$9,406,184$479,344,445
99$773,809,442$31,012,249$9,575,999$527,662,841
100$852,588,136$32,381,980$9,746,926$580,890,336