Can I retire at age 40 with 2,590,000?

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 $2,590,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$213,880$211,975$210,116$208,302$206,530$200,401
2 years$105,881$103,909$101,998$100,145$98,348$92,223
3 years$69,886$67,906$65,999$64,164$62,396$56,468
4 years$51,892$49,918$48,031$46,226$44,501$38,816
5 years$41,099$39,136$37,274$35,506$33,829$28,401
6 years$33,905$31,958$30,123$28,395$26,768$21,602
7 years$28,769$26,838$25,032$23,345$21,769$16,866
8 years$24,919$23,005$21,229$19,583$18,060$13,416
9 years$21,926$20,030$18,285$16,681$15,209$10,820
10 years$19,533$17,656$15,941$14,379$12,959$8,818
11 years$17,576$15,718$14,034$12,514$11,145$7,246
12 years$15,947$14,107$12,455$10,976$9,658$5,993
13 years$14,569$12,749$11,128$9,691$8,422$4,982
14 years$13,389$11,588$9,998$8,602$7,383$4,159
15 years$12,368$10,586$9,027$7,672$6,500$3,484
16 years$11,475$9,713$8,184$6,869$5,745$2,927
17 years$10,688$8,945$7,448$6,172$5,094$2,464
18 years$9,989$8,266$6,799$5,562$4,529$2,079
19 years$9,364$7,660$6,224$5,026$4,037$1,757
20 years$8,803$7,118$5,712$4,552$3,606$1,487
21 years$8,295$6,631$5,254$4,131$3,227$1,259
22 years$7,835$6,189$4,842$3,756$2,892$1,068
23 years$7,415$5,789$4,471$3,421$2,596$906
24 years$7,030$5,424$4,135$3,120$2,334$770
25 years$6,677$5,090$3,830$2,849$2,100$654
26 years$6,352$4,784$3,552$2,605$1,892$556
27 years$6,051$4,502$3,298$2,385$1,705$473
28 years$5,773$4,242$3,066$2,185$1,539$402
29 years$5,513$4,002$2,853$2,004$1,390$342
30 years$5,272$3,780$2,658$1,839$1,256$292
31 years$5,047$3,573$2,478$1,689$1,135$248
32 years$4,836$3,381$2,312$1,552$1,027$211
33 years$4,638$3,202$2,159$1,427$929$180
34 years$4,453$3,034$2,017$1,313$841$153
35 years$4,278$2,878$1,886$1,209$762$131
36 years$4,114$2,732$1,764$1,113$690$111
37 years$3,958$2,594$1,651$1,026$626$95
38 years$3,811$2,466$1,546$945$567$81
39 years$3,673$2,345$1,448$872$514$69
40 years$3,541$2,231$1,358$804$467$59
41 years$3,416$2,123$1,273$742$423$50
42 years$3,297$2,022$1,194$685$384$43
43 years$3,185$1,927$1,121$632$349$36
44 years$3,077$1,837$1,052$584$316$31
45 years$2,975$1,751$988$539$287$26
46 years$2,877$1,671$928$498$261$23
47 years$2,784$1,594$871$460$237$19
48 years$2,695$1,522$819$425$215$16
49 years$2,610$1,454$770$393$195$14
50 years$2,529$1,388$724$363$177$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,590,000, adding $2,981 every year, while hoping to spend $50,577 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: 34/44/22 Blend
39$2,590,000$2,590,000$2,590,000$2,590,000
40$2,857,255$2,719,985$2,679,840$2,935,112
41$3,094,881$2,799,451$2,715,801$3,072,619
42$3,355,051$2,881,115$2,751,272$3,215,965
43$3,640,009$2,965,032$2,786,182$3,369,515
44$3,952,229$3,051,258$2,820,458$3,534,204
45$4,294,435$3,139,849$2,854,023$3,711,062
46$4,669,627$3,230,861$2,886,792$3,901,219
47$5,081,109$3,324,354$2,918,680$4,105,922
48$5,532,521$3,420,385$2,949,594$4,326,540
49$6,027,870$3,519,017$2,979,438$4,564,582
50$6,571,573$3,620,308$3,008,109$4,821,705
51$7,168,492$3,724,322$3,035,500$5,099,738
52$7,823,986$3,831,122$3,061,496$5,400,691
53$8,543,956$3,940,770$3,085,980$5,726,777
54$9,334,903$4,053,331$3,108,824$6,080,433
55$10,203,990$4,168,871$3,129,896$6,464,344
56$11,159,107$4,287,456$3,149,058$6,881,464
57$12,208,947$4,409,152$3,166,162$7,335,049
58$13,363,086$4,534,027$3,181,055$7,828,682
59$14,632,075$4,662,149$3,193,575$8,366,313
60$16,027,539$4,793,587$3,203,552$8,952,288
61$17,562,284$4,928,409$3,210,807$9,591,399
62$19,250,421$5,066,685$3,215,153$10,288,922
63$21,107,497$5,208,486$3,216,394$11,050,670
64$23,150,642$5,353,881$3,214,323$11,883,046
65$25,398,727$5,502,941$3,208,723$12,793,106
66$27,872,549$5,655,737$3,199,366$13,788,621
67$30,595,020$5,812,339$3,186,016$14,878,157
68$33,591,386$5,972,818$3,168,422$16,071,147
69$36,889,466$6,137,244$3,146,322$17,377,988
70$40,519,910$6,305,688$3,119,443$18,810,135
71$44,516,492$6,478,218$3,087,495$20,380,209
72$48,916,428$6,654,904$3,050,180$22,102,117
73$53,760,723$6,835,814$3,007,181$23,991,184
74$59,094,564$7,021,016$2,958,168$26,064,296
75$64,967,739$7,210,575$2,902,797$28,340,060
76$71,435,112$7,404,557$2,840,704$30,838,981
77$78,557,138$7,603,025$2,771,512$33,583,654
78$86,400,434$7,806,041$2,694,825$36,598,977
79$95,038,405$8,013,664$2,610,229$39,912,388
80$104,551,941$8,225,952$2,517,290$43,554,122
81$115,030,176$8,442,960$2,415,556$47,557,500
82$126,571,329$8,664,741$2,304,553$51,959,238
83$139,283,635$8,891,343$2,183,786$56,799,801
84$153,286,360$9,122,813$2,052,736$62,123,779
85$168,710,930$9,359,193$1,910,865$67,980,312
86$185,702,171$9,600,519$1,757,605$74,423,553
87$204,419,675$9,846,827$1,592,367$81,513,178
88$225,039,304$10,098,144$1,414,534$89,314,954
89$247,754,854$10,354,494$1,223,461$97,901,355
90$272,779,878$10,615,893$1,018,476$107,352,253
91$300,349,706$10,882,353$798,876$117,755,666
92$330,723,665$11,153,877$563,927$129,208,594
93$364,187,524$11,430,462$312,864$141,817,933
94$401,056,192$11,712,095$44,886$155,701,487
95$441,676,694$11,998,758$0$170,989,081
96$486,431,438$12,290,419$0$187,880,379
97$535,741,834$12,587,039$0$206,491,377
98$590,072,264$12,888,566$0$226,985,499
99$649,934,468$13,194,939$0$249,554,453
100$715,892,373$13,506,081$0$274,409,494