Can I retire at age 40 with 2,610,000?

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 $2,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$215,531$213,612$211,738$209,910$208,125$202,192
2 years$106,699$104,712$102,786$100,918$99,107$93,176
3 years$70,426$68,430$66,509$64,659$62,878$57,134
4 years$52,293$50,303$48,402$46,583$44,845$39,333
5 years$41,416$39,438$37,562$35,781$34,090$28,825
6 years$34,167$32,204$30,355$28,614$26,975$21,961
7 years$28,992$27,045$25,225$23,525$21,938$17,176
8 years$25,112$23,183$21,393$19,735$18,199$13,686
9 years$22,095$20,185$18,426$16,810$15,326$11,058
10 years$19,684$17,792$16,064$14,490$13,059$9,029
11 years$17,712$15,839$14,143$12,611$11,231$7,434
12 years$16,070$14,216$12,551$11,061$9,733$6,160
13 years$14,682$12,847$11,214$9,765$8,487$5,131
14 years$13,493$11,678$10,076$8,669$7,440$4,293
15 years$12,463$10,668$9,097$7,731$6,550$3,603
16 years$11,563$9,788$8,248$6,922$5,789$3,034
17 years$10,770$9,014$7,505$6,220$5,133$2,560
18 years$10,066$8,329$6,851$5,605$4,564$2,165
19 years$9,436$7,720$6,272$5,065$4,068$1,833
20 years$8,871$7,173$5,756$4,587$3,634$1,555
21 years$8,359$6,682$5,294$4,163$3,252$1,320
22 years$7,895$6,237$4,880$3,785$2,915$1,122
23 years$7,472$5,834$4,505$3,447$2,617$955
24 years$7,085$5,466$4,167$3,144$2,352$813
25 years$6,729$5,129$3,859$2,871$2,116$692
26 years$6,401$4,821$3,579$2,625$1,906$590
27 years$6,098$4,537$3,324$2,403$1,719$503
28 years$5,817$4,275$3,090$2,202$1,551$429
29 years$5,556$4,033$2,875$2,019$1,400$366
30 years$5,313$3,809$2,678$1,853$1,265$312
31 years$5,086$3,600$2,497$1,702$1,144$267
32 years$4,873$3,407$2,330$1,564$1,035$228
33 years$4,674$3,226$2,175$1,438$936$194
34 years$4,487$3,058$2,032$1,323$848$166
35 years$4,311$2,900$1,900$1,218$768$142
36 years$4,145$2,753$1,778$1,122$696$121
37 years$3,989$2,615$1,664$1,034$631$103
38 years$3,841$2,485$1,558$953$572$88
39 years$3,701$2,363$1,460$879$518$75
40 years$3,568$2,248$1,368$810$470$65
41 years$3,442$2,140$1,283$748$427$55
42 years$3,323$2,038$1,203$690$387$47
43 years$3,209$1,942$1,129$637$351$40
44 years$3,101$1,851$1,060$588$319$34
45 years$2,998$1,765$995$543$290$29
46 years$2,900$1,684$935$502$263$25
47 years$2,806$1,607$878$463$239$21
48 years$2,716$1,534$825$428$217$18
49 years$2,630$1,465$776$396$197$16
50 years$2,548$1,399$729$366$179$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,610,000, adding $4,974 every year, while hoping to spend $51,456 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: 54/30/16 Blend
39$2,610,000$2,610,000$2,610,000$2,610,000
40$2,881,351$2,743,021$2,702,566$3,024,374
41$3,120,500$2,822,680$2,738,353$3,202,172
42$3,382,317$2,904,518$2,773,614$3,389,689
43$3,669,061$2,988,587$2,808,278$3,592,647
44$3,983,218$3,074,940$2,842,268$3,812,530
45$4,327,527$3,163,633$2,875,504$4,050,970
46$4,705,002$3,254,718$2,907,901$4,309,767
47$5,118,966$3,348,253$2,939,370$4,590,899
48$5,573,077$3,444,294$2,969,815$4,896,546
49$6,071,365$3,542,898$2,999,138$5,229,107
50$6,618,267$3,644,124$3,027,232$5,591,226
51$7,218,674$3,748,029$3,053,988$5,985,811
52$7,877,971$3,854,675$3,079,289$6,416,067
53$8,602,090$3,964,120$3,103,011$6,885,523
54$9,397,567$4,076,426$3,125,026$7,398,067
55$10,271,602$4,191,654$3,145,197$7,957,979
56$11,232,127$4,309,866$3,163,382$8,569,976
57$12,287,878$4,431,124$3,179,430$9,239,253
58$13,448,484$4,555,491$3,193,183$9,971,531
59$14,724,549$4,683,030$3,204,475$10,773,116
60$16,127,759$4,813,805$3,213,131$11,650,951
61$17,670,988$4,947,879$3,218,968$12,612,687
62$19,368,420$5,085,315$3,221,794$13,666,754
63$21,235,681$5,226,178$3,221,407$14,822,438
64$23,289,991$5,370,532$3,217,595$16,089,971
65$25,550,322$5,518,439$3,210,136$17,480,626
66$28,037,576$5,669,964$3,198,796$19,006,824
67$30,774,785$5,825,168$3,183,332$20,682,249
68$33,787,326$5,984,115$3,163,487$22,521,982
69$37,103,163$6,146,866$3,138,994$24,542,636
70$40,753,105$6,313,482$3,109,569$26,762,521
71$44,771,102$6,484,023$3,074,920$29,201,809
72$49,194,561$6,658,547$3,034,737$31,882,728
73$54,064,703$6,837,113$2,988,698$34,829,773
74$59,426,947$7,019,775$2,936,463$38,069,933
75$65,331,341$7,206,589$2,877,680$41,632,950
76$71,833,032$7,397,607$2,811,977$45,551,597
77$78,992,790$7,592,878$2,738,966$49,861,988
78$86,877,575$7,792,450$2,658,242$54,603,919
79$95,561,176$7,996,368$2,569,382$59,821,243
80$105,124,900$8,204,674$2,471,940$65,562,285
81$115,658,342$8,417,406$2,365,452$71,880,299
82$127,260,234$8,634,599$2,249,435$78,833,966
83$140,039,367$8,856,283$2,123,381$86,487,955
84$154,115,627$9,082,486$1,986,759$94,913,527
85$169,621,122$9,313,229$1,839,016$104,189,213
86$186,701,427$9,548,527$1,679,574$114,401,550
87$205,516,959$9,788,392$1,507,826$125,645,906
88$226,244,494$10,032,829$1,323,143$138,027,372
89$249,078,829$10,281,833$1,124,865$151,661,759
90$274,234,623$10,535,397$912,302$166,676,691
91$301,948,426$10,793,503$684,736$183,212,809
92$332,480,906$11,056,125$441,415$201,425,099
93$366,119,312$11,323,228$181,555$221,484,359
94$403,180,183$11,594,768$0$243,578,806
95$444,012,340$11,870,690$0$267,932,205
96$489,000,172$12,150,927$0$294,790,924
97$538,567,267$12,435,400$0$324,375,978
98$593,180,412$12,724,019$0$356,965,113
99$653,353,996$13,016,677$0$392,864,398
100$719,654,864$13,313,255$0$432,411,111