Can I retire at age 40 with 2,600,000?

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 $2,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$214,706$212,793$210,927$209,106$207,328$200,932
2 years$106,290$104,310$102,392$100,532$98,727$92,340
3 years$70,156$68,168$66,254$64,412$62,637$56,458
4 years$52,093$50,111$48,216$46,405$44,673$38,750
5 years$41,257$39,287$37,418$35,643$33,960$28,308
6 years$34,036$32,081$30,239$28,504$26,871$21,496
7 years$28,880$26,942$25,129$23,435$21,853$16,755
8 years$25,015$23,094$21,311$19,659$18,130$13,304
9 years$22,011$20,107$18,355$16,745$15,268$10,710
10 years$19,608$17,724$16,003$14,434$13,009$8,712
11 years$17,644$15,778$14,088$12,562$11,188$7,145
12 years$16,008$14,162$12,503$11,019$9,695$5,897
13 years$14,625$12,798$11,171$9,728$8,455$4,893
14 years$13,441$11,633$10,037$8,635$7,411$4,076
15 years$12,415$10,627$9,062$7,701$6,525$3,407
16 years$11,519$9,750$8,216$6,896$5,767$2,856
17 years$10,729$8,980$7,476$6,196$5,114$2,400
18 years$10,027$8,298$6,825$5,584$4,547$2,020
19 years$9,400$7,690$6,248$5,045$4,053$1,703
20 years$8,837$7,146$5,734$4,569$3,620$1,438
21 years$8,327$6,656$5,274$4,147$3,239$1,215
22 years$7,865$6,213$4,861$3,771$2,904$1,028
23 years$7,443$5,811$4,488$3,434$2,606$870
24 years$7,058$5,445$4,151$3,132$2,343$737
25 years$6,703$5,110$3,845$2,860$2,108$625
26 years$6,377$4,802$3,566$2,615$1,899$530
27 years$6,075$4,519$3,311$2,394$1,712$450
28 years$5,795$4,259$3,078$2,193$1,545$382
29 years$5,535$4,018$2,864$2,011$1,395$324
30 years$5,292$3,794$2,668$1,846$1,260$275
31 years$5,066$3,587$2,487$1,695$1,140$234
32 years$4,855$3,394$2,321$1,558$1,031$199
33 years$4,656$3,214$2,167$1,433$933$169
34 years$4,470$3,046$2,025$1,318$845$143
35 years$4,295$2,889$1,893$1,213$765$122
36 years$4,129$2,742$1,771$1,118$693$104
37 years$3,974$2,604$1,657$1,030$628$88
38 years$3,826$2,475$1,552$949$570$75
39 years$3,687$2,354$1,454$875$516$64
40 years$3,555$2,239$1,363$807$468$54
41 years$3,429$2,132$1,278$745$425$46
42 years$3,310$2,030$1,199$687$386$39
43 years$3,197$1,934$1,125$634$350$33
44 years$3,089$1,844$1,056$586$318$28
45 years$2,986$1,758$991$541$288$24
46 years$2,889$1,677$931$500$262$20
47 years$2,795$1,601$875$462$238$17
48 years$2,706$1,528$822$427$216$15
49 years$2,620$1,459$773$394$196$13
50 years$2,539$1,394$726$364$178$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,600,000, adding $2,248 every year, while hoping to spend $30,036 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: 41/45/14 Blend
39$2,600,000$2,600,000$2,600,000$2,600,000
40$2,867,519$2,729,719$2,689,419$2,973,139
41$3,128,048$2,831,517$2,747,556$3,149,667
42$3,414,144$2,937,297$2,806,635$3,337,481
43$3,728,383$3,047,221$2,866,654$3,540,106
44$4,073,604$3,161,461$2,927,612$3,758,904
45$4,452,933$3,280,193$2,989,508$3,995,372
46$4,869,813$3,403,604$3,052,338$4,251,151
47$5,328,040$3,531,886$3,116,097$4,528,049
48$5,831,793$3,665,242$3,180,780$4,828,047
49$6,385,678$3,803,881$3,246,378$5,153,326
50$6,994,770$3,948,023$3,312,884$5,506,279
51$7,664,658$4,097,898$3,380,287$5,889,540
52$8,401,502$4,253,744$3,448,576$6,306,002
53$9,212,087$4,415,810$3,517,736$6,758,848
54$10,103,893$4,584,357$3,587,752$7,251,577
55$11,085,155$4,759,656$3,658,607$7,788,037
56$12,164,953$4,941,990$3,730,282$8,372,459
57$13,353,286$5,131,657$3,802,755$9,009,500
58$14,661,177$5,328,963$3,876,003$9,704,281
59$16,100,766$5,534,232$3,949,998$10,462,437
60$17,685,435$5,747,799$4,024,713$11,290,167
61$19,429,924$5,970,017$4,100,117$12,194,295
62$21,350,480$6,201,251$4,176,174$13,182,328
63$23,465,002$6,441,886$4,252,849$14,262,529
64$25,793,214$6,692,319$4,330,101$15,443,993
65$28,356,848$6,952,970$4,407,886$16,736,730
66$31,179,854$7,224,273$4,486,158$18,151,759
67$34,288,621$7,506,684$4,564,866$19,701,213
68$37,712,228$7,800,679$4,643,956$21,398,445
69$41,482,717$8,106,753$4,723,370$23,258,160
70$45,635,396$8,425,426$4,803,045$25,296,546
71$50,209,174$8,757,240$4,882,915$27,531,429
72$55,246,925$9,102,760$4,962,908$29,982,437
73$60,795,894$9,462,578$5,042,948$32,671,186
74$66,908,142$9,837,311$5,122,953$35,621,476
75$73,641,037$10,227,604$5,202,837$38,859,522
76$81,057,799$10,634,132$5,282,508$42,414,190
77$89,228,089$11,057,599$5,361,866$46,317,275
78$98,228,674$11,498,742$5,440,809$50,603,794
79$108,144,148$11,958,329$5,519,225$55,312,315
80$119,067,728$12,437,165$5,596,997$60,485,319
81$131,102,140$12,936,089$5,673,999$66,169,596
82$144,360,581$13,455,980$5,750,101$72,416,689
83$158,967,792$13,997,755$5,825,161$79,283,371
84$175,061,236$14,562,374$5,899,033$86,832,182
85$192,792,391$15,150,839$5,971,559$95,132,013
86$212,328,183$15,764,199$6,042,575$104,258,756
87$233,852,561$16,403,548$6,111,905$114,296,016
88$257,568,234$17,070,034$6,179,365$125,335,894
89$283,698,581$17,764,852$6,244,761$137,479,855
90$312,489,762$18,489,256$6,307,886$150,839,681
91$344,213,042$19,244,554$6,368,525$165,538,521
92$379,167,351$20,032,116$6,426,449$181,712,051
93$417,682,104$20,853,372$6,481,418$199,509,750
94$460,120,311$21,709,820$6,533,178$219,096,302
95$506,882,006$22,603,024$6,581,463$240,653,152
96$558,408,021$23,534,623$6,625,993$264,380,209
97$615,184,147$24,506,328$6,666,471$290,497,728
98$677,745,721$25,519,929$6,702,589$319,248,387
99$746,682,679$26,577,299$6,734,020$350,899,566
100$822,645,123$27,680,398$6,760,420$385,745,873