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

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 $2,590,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$213,880$211,975$210,116$208,302$206,530$200,320
2 years$105,881$103,909$101,998$100,145$98,348$92,144
3 years$69,886$67,906$65,999$64,164$62,396$56,392
4 years$51,892$49,918$48,031$46,226$44,501$38,744
5 years$41,099$39,136$37,274$35,506$33,829$28,334
6 years$33,905$31,958$30,123$28,395$26,768$21,539
7 years$28,769$26,838$25,032$23,345$21,769$16,808
8 years$24,919$23,005$21,229$19,583$18,060$13,362
9 years$21,926$20,030$18,285$16,681$15,209$10,769
10 years$19,533$17,656$15,941$14,379$12,959$8,772
11 years$17,576$15,718$14,034$12,514$11,145$7,203
12 years$15,947$14,107$12,455$10,976$9,658$5,953
13 years$14,569$12,749$11,128$9,691$8,422$4,946
14 years$13,389$11,588$9,998$8,602$7,383$4,126
15 years$12,368$10,586$9,027$7,672$6,500$3,454
16 years$11,475$9,713$8,184$6,869$5,745$2,899
17 years$10,688$8,945$7,448$6,172$5,094$2,439
18 years$9,989$8,266$6,799$5,562$4,529$2,057
19 years$9,364$7,660$6,224$5,026$4,037$1,737
20 years$8,803$7,118$5,712$4,552$3,606$1,468
21 years$8,295$6,631$5,254$4,131$3,227$1,243
22 years$7,835$6,189$4,842$3,756$2,892$1,053
23 years$7,415$5,789$4,471$3,421$2,596$893
24 years$7,030$5,424$4,135$3,120$2,334$758
25 years$6,677$5,090$3,830$2,849$2,100$643
26 years$6,352$4,784$3,552$2,605$1,892$547
27 years$6,051$4,502$3,298$2,385$1,705$464
28 years$5,773$4,242$3,066$2,185$1,539$395
29 years$5,513$4,002$2,853$2,004$1,390$336
30 years$5,272$3,780$2,658$1,839$1,256$286
31 years$5,047$3,573$2,478$1,689$1,135$243
32 years$4,836$3,381$2,312$1,552$1,027$207
33 years$4,638$3,202$2,159$1,427$929$176
34 years$4,453$3,034$2,017$1,313$841$150
35 years$4,278$2,878$1,886$1,209$762$127
36 years$4,114$2,732$1,764$1,113$690$109
37 years$3,958$2,594$1,651$1,026$626$92
38 years$3,811$2,466$1,546$945$567$79
39 years$3,673$2,345$1,448$872$514$67
40 years$3,541$2,231$1,358$804$467$57
41 years$3,416$2,123$1,273$742$423$49
42 years$3,297$2,022$1,194$685$384$41
43 years$3,185$1,927$1,121$632$349$35
44 years$3,077$1,837$1,052$584$316$30
45 years$2,975$1,751$988$539$287$26
46 years$2,877$1,671$928$498$261$22
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$13
50 years$2,529$1,388$724$363$177$11

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 $3,015 every year, while hoping to spend $23,863 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: 60/12/28 Blend
39$2,590,000$2,590,000$2,590,000$2,590,000
40$2,857,290$2,720,020$2,679,875$3,006,901
41$3,123,344$2,827,911$2,744,261$3,217,208
42$3,415,735$2,940,289$2,810,004$3,443,769
43$3,737,125$3,057,348$2,877,124$3,690,494
44$4,090,446$3,179,292$2,945,642$3,959,353
45$4,478,928$3,306,334$3,015,577$4,252,514
46$4,906,129$3,438,695$3,086,950$4,572,364
47$5,375,972$3,576,609$3,159,780$4,921,531
48$5,892,774$3,720,316$3,234,086$5,302,908
49$6,461,297$3,870,072$3,309,888$5,719,678
50$7,086,785$4,026,140$3,387,205$6,175,348
51$7,775,015$4,188,799$3,466,054$6,673,779
52$8,532,353$4,358,337$3,546,454$7,219,223
53$9,365,815$4,535,058$3,628,422$7,816,360
54$10,283,130$4,719,277$3,711,976$8,470,345
55$11,292,814$4,911,327$3,797,132$9,186,858
56$12,404,252$5,111,552$3,883,906$9,972,149
57$13,627,782$5,320,315$3,972,313$10,833,107
58$14,974,799$5,537,993$4,062,369$11,777,317
59$16,457,856$5,764,982$4,154,086$12,813,132
60$18,090,787$6,001,697$4,247,478$13,949,757
61$19,888,836$6,248,568$4,342,557$15,197,327
62$21,868,799$6,506,050$4,439,334$16,567,009
63$24,049,184$6,774,613$4,537,819$18,071,103
64$26,450,385$7,054,754$4,638,021$19,723,160
65$29,094,877$7,346,990$4,739,947$21,538,105
66$32,007,424$7,651,862$4,843,605$23,532,383
67$35,215,314$7,969,936$4,948,998$25,724,110
68$38,748,617$8,301,804$5,056,131$28,133,245
69$42,640,470$8,648,086$5,165,005$30,781,775
70$46,927,385$9,009,429$5,275,620$33,693,925
71$51,649,600$9,386,513$5,387,975$36,896,384
72$56,851,453$9,780,046$5,502,066$40,418,558
73$62,581,803$10,190,770$5,617,887$44,292,844
74$68,894,491$10,619,462$5,735,430$48,554,936
75$75,848,847$11,066,934$5,854,685$53,244,165
76$83,510,253$11,534,036$5,975,640$58,403,862
77$91,950,753$12,021,659$6,098,279$64,081,773
78$101,249,742$12,530,732$6,222,583$70,330,505
79$111,494,708$13,062,230$6,348,532$77,208,021
80$122,782,061$13,617,173$6,476,101$84,778,190
81$135,218,044$14,196,626$6,605,263$93,111,385
82$148,919,732$14,801,708$6,735,986$102,285,149
83$164,016,139$15,433,587$6,868,237$112,384,923
84$180,649,438$16,093,485$7,001,975$123,504,854
85$198,976,298$16,782,683$7,137,159$135,748,682
86$219,169,367$17,502,522$7,273,741$149,230,716
87$241,418,901$18,254,403$7,411,669$164,076,915
88$265,934,555$19,039,796$7,550,887$180,426,073
89$292,947,371$19,860,237$7,691,332$198,431,129
90$322,711,950$20,717,336$7,832,939$218,260,609
91$355,508,861$21,612,777$7,975,634$240,100,217
92$391,647,285$22,548,324$8,119,338$264,154,583
93$431,467,939$23,525,822$8,263,967$290,649,197
94$475,346,288$24,547,207$8,409,429$319,832,534
95$523,696,090$25,614,500$8,555,625$351,978,396
96$576,973,302$26,729,822$8,702,450$387,388,501
97$635,680,387$27,895,392$8,849,791$426,395,321
98$700,371,053$29,113,532$8,997,525$469,365,228
99$771,655,482$30,386,676$9,145,523$516,701,941
100$850,206,089$31,717,372$9,293,646$568,850,344