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%15.7%
1 years$213,054$211,156$209,305$207,497$205,733$200,923
2 years$105,472$103,508$101,604$99,758$97,968$93,149
3 years$69,616$67,644$65,745$63,916$62,155$57,478
4 years$51,692$49,725$47,845$46,048$44,329$39,830
5 years$40,940$38,985$37,130$35,369$33,699$29,390
6 years$33,775$31,834$30,006$28,285$26,664$22,551
7 years$28,658$26,734$24,936$23,255$21,685$17,767
8 years$24,823$22,916$21,147$19,508$17,990$14,266
9 years$21,841$19,953$18,214$16,616$15,150$11,617
10 years$19,457$17,587$15,880$14,323$12,909$9,563
11 years$17,508$15,657$13,980$12,466$11,102$7,939
12 years$15,885$14,053$12,407$10,934$9,621$6,635
13 years$14,513$12,700$11,085$9,653$8,389$5,575
14 years$13,338$11,544$9,960$8,569$7,354$4,706
15 years$12,320$10,545$8,992$7,642$6,475$3,987
16 years$11,430$9,675$8,153$6,843$5,723$3,388
17 years$10,646$8,910$7,419$6,148$5,074$2,886
18 years$9,950$8,234$6,772$5,541$4,512$2,464
19 years$9,328$7,631$6,200$5,006$4,021$2,107
20 years$8,769$7,091$5,690$4,534$3,592$1,805
21 years$8,263$6,605$5,234$4,115$3,214$1,548
22 years$7,804$6,166$4,824$3,742$2,881$1,329
23 years$7,386$5,766$4,454$3,408$2,586$1,142
24 years$7,003$5,403$4,119$3,108$2,325$982
25 years$6,652$5,070$3,815$2,838$2,092$845
26 years$6,328$4,765$3,538$2,595$1,884$728
27 years$6,028$4,485$3,285$2,375$1,699$627
28 years$5,750$4,226$3,054$2,176$1,533$541
29 years$5,492$3,987$2,842$1,996$1,384$466
30 years$5,252$3,765$2,647$1,832$1,251$402
31 years$5,027$3,559$2,468$1,682$1,131$347
32 years$4,817$3,368$2,303$1,546$1,023$299
33 years$4,620$3,189$2,150$1,422$926$259
34 years$4,436$3,023$2,009$1,308$838$223
35 years$4,262$2,867$1,878$1,204$759$193
36 years$4,098$2,721$1,757$1,109$688$166
37 years$3,943$2,584$1,645$1,022$623$144
38 years$3,797$2,456$1,540$942$565$124
39 years$3,658$2,336$1,443$868$512$107
40 years$3,527$2,222$1,352$801$465$93
41 years$3,403$2,115$1,268$739$422$80
42 years$3,285$2,014$1,190$682$383$69
43 years$3,172$1,919$1,116$630$347$60
44 years$3,065$1,830$1,048$581$315$52
45 years$2,963$1,745$984$537$286$45
46 years$2,866$1,664$924$496$260$39
47 years$2,774$1,588$868$458$236$33
48 years$2,685$1,516$816$423$214$29
49 years$2,600$1,448$767$391$195$25
50 years$2,519$1,383$721$362$177$22

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 $2,092 every year, while hoping to spend $22,558 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: 44/41/15 Blend
39$2,580,000$2,580,000$2,580,000$2,580,000
40$2,845,318$2,708,578$2,668,588$2,958,117
41$3,111,539$2,817,297$2,733,984$3,145,930
42$3,404,158$2,930,587$2,800,815$3,346,953
43$3,725,845$3,048,648$2,869,105$3,564,351
44$4,079,539$3,171,690$2,938,878$3,799,642
45$4,468,480$3,299,931$3,010,159$4,054,496
46$4,896,238$3,433,600$3,082,971$4,330,744
47$5,366,744$3,572,936$3,157,341$4,630,401
48$5,884,331$3,718,189$3,233,290$4,955,678
49$6,453,772$3,869,620$3,310,845$5,309,006
50$7,080,327$4,027,501$3,390,029$5,693,057
51$7,769,792$4,192,120$3,470,866$6,110,767
52$8,528,550$4,363,774$3,553,380$6,565,365
53$9,363,639$4,542,776$3,637,595$7,060,400
54$10,282,810$4,729,452$3,723,534$7,599,774
55$11,294,605$4,924,143$3,811,221$8,187,781
56$12,408,436$5,127,207$3,900,678$8,829,141
57$13,634,674$5,339,018$3,991,928$9,529,047
58$14,984,746$5,559,965$4,084,993$10,293,211
59$16,471,245$5,790,458$4,179,895$11,127,919
60$18,108,045$6,030,923$4,276,655$12,040,085
61$19,910,436$6,281,809$4,375,293$13,037,319
62$21,895,265$6,543,582$4,475,830$14,127,993
63$24,081,096$6,816,732$4,578,284$15,321,322
64$26,488,386$7,101,770$4,682,676$16,627,449
65$29,139,677$7,399,233$4,789,021$18,057,537
66$32,059,809$7,709,679$4,897,337$19,623,874
67$35,276,152$8,033,696$5,007,640$21,339,985
68$38,818,868$8,371,896$5,119,946$23,220,763
69$42,721,195$8,724,922$5,234,266$25,282,600
70$47,019,758$9,093,444$5,350,615$27,543,548
71$51,754,915$9,478,165$5,469,003$30,023,479
72$56,971,142$9,879,820$5,589,439$32,744,276
73$62,717,446$10,299,179$5,711,933$35,730,034
74$69,047,834$10,737,047$5,836,491$39,007,287
75$76,021,817$11,194,266$5,963,118$42,605,255
76$83,704,976$11,671,719$6,091,816$46,556,117
77$92,169,579$12,170,329$6,222,588$50,895,310
78$101,495,263$12,691,061$6,355,430$55,661,865
79$111,769,784$13,234,928$6,490,342$60,898,767
80$123,089,850$13,802,987$6,627,316$66,653,364
81$135,562,028$14,396,346$6,766,344$72,977,802
82$149,303,754$15,016,166$6,907,416$79,929,521
83$164,444,439$15,663,661$7,050,517$87,571,791
84$181,126,694$16,340,102$7,195,631$95,974,304
85$199,507,669$17,046,820$7,342,737$105,213,829
86$219,760,544$17,785,207$7,491,812$115,374,934
87$242,076,160$18,556,723$7,642,828$126,550,776
88$266,664,820$19,362,894$7,795,755$138,843,979
89$293,758,276$20,205,320$7,950,557$152,367,598
90$323,611,914$21,085,674$8,107,194$167,246,179
91$356,507,167$22,005,710$8,265,623$183,616,930
92$392,754,172$22,967,264$8,425,795$201,631,012
93$432,694,694$23,972,256$8,587,655$221,454,959
94$476,705,356$25,022,700$8,751,146$243,272,246
95$525,201,194$26,120,704$8,916,201$267,285,010
96$578,639,572$27,268,475$9,082,750$293,715,957
97$637,524,502$28,468,324$9,250,715$322,810,455
98$702,411,401$29,722,672$9,420,014$354,838,843
99$773,912,335$31,034,054$9,590,556$390,098,976
100$852,701,796$32,405,125$9,762,242$428,919,030