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%11.6%
1 years$213,880$211,975$210,116$208,302$206,530$205,143
2 years$105,881$103,909$101,998$100,145$98,348$96,948
3 years$69,886$67,906$65,999$64,164$62,396$61,028
4 years$51,892$49,918$48,031$46,226$44,501$43,175
5 years$41,099$39,136$37,274$35,506$33,829$32,549
6 years$33,905$31,958$30,123$28,395$26,768$25,535
7 years$28,769$26,838$25,032$23,345$21,769$20,585
8 years$24,919$23,005$21,229$19,583$18,060$16,924
9 years$21,926$20,030$18,285$16,681$15,209$14,121
10 years$19,533$17,656$15,941$14,379$12,959$11,918
11 years$17,576$15,718$14,034$12,514$11,145$10,151
12 years$15,947$14,107$12,455$10,976$9,658$8,710
13 years$14,569$12,749$11,128$9,691$8,422$7,518
14 years$13,389$11,588$9,998$8,602$7,383$6,523
15 years$12,368$10,586$9,027$7,672$6,500$5,683
16 years$11,475$9,713$8,184$6,869$5,745$4,969
17 years$10,688$8,945$7,448$6,172$5,094$4,358
18 years$9,989$8,266$6,799$5,562$4,529$3,832
19 years$9,364$7,660$6,224$5,026$4,037$3,377
20 years$8,803$7,118$5,712$4,552$3,606$2,982
21 years$8,295$6,631$5,254$4,131$3,227$2,638
22 years$7,835$6,189$4,842$3,756$2,892$2,337
23 years$7,415$5,789$4,471$3,421$2,596$2,073
24 years$7,030$5,424$4,135$3,120$2,334$1,840
25 years$6,677$5,090$3,830$2,849$2,100$1,636
26 years$6,352$4,784$3,552$2,605$1,892$1,456
27 years$6,051$4,502$3,298$2,385$1,705$1,296
28 years$5,773$4,242$3,066$2,185$1,539$1,155
29 years$5,513$4,002$2,853$2,004$1,390$1,030
30 years$5,272$3,780$2,658$1,839$1,256$918
31 years$5,047$3,573$2,478$1,689$1,135$820
32 years$4,836$3,381$2,312$1,552$1,027$732
33 years$4,638$3,202$2,159$1,427$929$654
34 years$4,453$3,034$2,017$1,313$841$584
35 years$4,278$2,878$1,886$1,209$762$522
36 years$4,114$2,732$1,764$1,113$690$467
37 years$3,958$2,594$1,651$1,026$626$417
38 years$3,811$2,466$1,546$945$567$373
39 years$3,673$2,345$1,448$872$514$334
40 years$3,541$2,231$1,358$804$467$299
41 years$3,416$2,123$1,273$742$423$267
42 years$3,297$2,022$1,194$685$384$239
43 years$3,185$1,927$1,121$632$349$214
44 years$3,077$1,837$1,052$584$316$192
45 years$2,975$1,751$988$539$287$172
46 years$2,877$1,671$928$498$261$154
47 years$2,784$1,594$871$460$237$138
48 years$2,695$1,522$819$425$215$123
49 years$2,610$1,454$770$393$195$110
50 years$2,529$1,388$724$363$177$99

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 $6,458 every year, while hoping to spend $32,516 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: 57/37/6 Blend
39$2,590,000$2,590,000$2,590,000$2,590,000
40$2,860,841$2,723,571$2,683,426$3,019,987
41$3,118,050$2,822,430$2,738,724$3,226,578
42$3,400,405$2,925,042$2,794,785$3,447,325
43$3,710,436$3,031,559$2,851,600$3,687,021
44$4,050,930$3,142,135$2,909,158$3,947,477
45$4,424,958$3,256,933$2,967,449$4,230,684
46$4,835,904$3,376,123$3,026,458$4,538,832
47$5,287,494$3,499,880$3,086,172$4,874,330
48$5,783,833$3,628,389$3,146,573$5,239,827
49$6,329,444$3,761,840$3,207,644$5,638,237
50$6,929,312$3,900,435$3,269,364$6,072,767
51$7,588,925$4,044,379$3,331,711$6,546,944
52$8,314,332$4,193,891$3,394,661$7,064,652
53$9,112,198$4,349,196$3,458,186$7,630,161
54$9,989,866$4,510,530$3,522,258$8,248,175
55$10,955,424$4,678,138$3,586,846$8,923,867
56$12,017,787$4,852,276$3,651,915$9,662,935
57$13,186,776$5,033,212$3,717,429$10,471,648
58$14,473,212$5,221,224$3,783,347$11,356,911
59$15,889,018$5,416,602$3,849,628$12,326,322
60$17,447,331$5,619,649$3,916,224$13,388,248
61$19,162,628$5,830,681$3,983,086$14,551,902
62$21,050,858$6,050,027$4,050,162$15,827,428
63$23,129,598$6,278,031$4,117,395$17,225,996
64$25,418,213$6,515,051$4,184,724$18,759,905
65$27,938,043$6,761,460$4,252,084$20,442,701
66$30,712,602$7,017,650$4,319,407$22,289,301
67$33,767,799$7,284,027$4,386,619$24,316,135
68$37,132,186$7,561,015$4,453,642$26,541,295
69$40,837,222$7,849,058$4,520,392$28,984,711
70$44,917,574$8,148,618$4,586,781$31,668,332
71$49,411,444$8,460,177$4,652,716$34,616,335
72$54,360,925$8,784,240$4,718,096$37,855,351
73$59,812,403$9,121,331$4,782,815$41,414,714
74$65,816,992$9,472,000$4,846,763$45,326,737
75$72,431,016$9,836,819$4,909,821$49,627,015
76$79,716,542$10,216,385$4,971,862$54,354,758
77$87,741,965$10,611,324$5,032,755$59,553,164
78$96,582,653$11,022,286$5,092,360$65,269,817
79$106,321,658$11,449,952$5,150,528$71,557,141
80$117,050,500$11,895,033$5,207,104$78,472,890
81$128,870,030$12,358,269$5,261,921$86,080,691
82$141,891,385$12,840,436$5,314,807$94,450,643
83$156,237,031$13,342,342$5,365,578$103,659,975
84$172,041,924$13,864,833$5,414,041$113,793,773
85$189,454,781$14,408,790$5,459,992$124,945,784
86$208,639,483$14,975,135$5,503,216$137,219,293
87$229,776,625$15,564,831$5,543,488$150,728,098
88$253,065,216$16,178,884$5,580,571$165,597,581
89$278,724,562$16,818,343$5,614,214$181,965,888
90$306,996,333$17,484,307$5,644,155$199,985,234
91$338,146,843$18,177,922$5,670,118$219,823,327
92$372,469,566$18,900,386$5,691,813$241,664,960
93$410,287,907$19,652,950$5,708,934$265,713,743
94$451,958,253$20,436,923$5,721,162$292,194,023
95$497,873,334$21,253,672$5,728,160$321,353,002
96$548,465,937$22,104,625$5,729,576$353,463,063
97$604,212,985$22,991,274$5,725,040$388,824,337
98$665,640,043$23,915,180$5,714,162$427,767,535
99$733,326,277$24,877,973$5,696,536$470,657,062
100$807,909,921$25,881,358$5,671,735$517,894,454