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%16.8%
1 years$215,531$213,612$211,738$209,910$208,125$202,355
2 years$106,699$104,712$102,786$100,918$99,107$93,337
3 years$70,426$68,430$66,509$64,659$62,878$57,288
4 years$52,293$50,303$48,402$46,583$44,845$39,479
5 years$41,416$39,438$37,562$35,781$34,090$28,963
6 years$34,167$32,204$30,355$28,614$26,975$22,090
7 years$28,992$27,045$25,225$23,525$21,938$17,296
8 years$25,112$23,183$21,393$19,735$18,199$13,799
9 years$22,095$20,185$18,426$16,810$15,326$11,162
10 years$19,684$17,792$16,064$14,490$13,059$9,126
11 years$17,712$15,839$14,143$12,611$11,231$7,523
12 years$16,070$14,216$12,551$11,061$9,733$6,242
13 years$14,682$12,847$11,214$9,765$8,487$5,207
14 years$13,493$11,678$10,076$8,669$7,440$4,362
15 years$12,463$10,668$9,097$7,731$6,550$3,667
16 years$11,563$9,788$8,248$6,922$5,789$3,091
17 years$10,770$9,014$7,505$6,220$5,133$2,612
18 years$10,066$8,329$6,851$5,605$4,564$2,212
19 years$9,436$7,720$6,272$5,065$4,068$1,876
20 years$8,871$7,173$5,756$4,587$3,634$1,594
21 years$8,359$6,682$5,294$4,163$3,252$1,356
22 years$7,895$6,237$4,880$3,785$2,915$1,154
23 years$7,472$5,834$4,505$3,447$2,617$983
24 years$7,085$5,466$4,167$3,144$2,352$838
25 years$6,729$5,129$3,859$2,871$2,116$715
26 years$6,401$4,821$3,579$2,625$1,906$610
27 years$6,098$4,537$3,324$2,403$1,719$521
28 years$5,817$4,275$3,090$2,202$1,551$445
29 years$5,556$4,033$2,875$2,019$1,400$381
30 years$5,313$3,809$2,678$1,853$1,265$325
31 years$5,086$3,600$2,497$1,702$1,144$278
32 years$4,873$3,407$2,330$1,564$1,035$238
33 years$4,674$3,226$2,175$1,438$936$203
34 years$4,487$3,058$2,032$1,323$848$174
35 years$4,311$2,900$1,900$1,218$768$149
36 years$4,145$2,753$1,778$1,122$696$127
37 years$3,989$2,615$1,664$1,034$631$109
38 years$3,841$2,485$1,558$953$572$93
39 years$3,701$2,363$1,460$879$518$80
40 years$3,568$2,248$1,368$810$470$68
41 years$3,442$2,140$1,283$748$427$58
42 years$3,323$2,038$1,203$690$387$50
43 years$3,209$1,942$1,129$637$351$43
44 years$3,101$1,851$1,060$588$319$37
45 years$2,998$1,765$995$543$290$31
46 years$2,900$1,684$935$502$263$27
47 years$2,806$1,607$878$463$239$23
48 years$2,716$1,534$825$428$217$20
49 years$2,630$1,465$776$396$197$17
50 years$2,548$1,399$729$366$179$14

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 $2,156 every year, while hoping to spend $30,375 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: 56/19/25 Blend
39$2,610,000$2,610,000$2,610,000$2,610,000
40$2,878,444$2,740,114$2,699,659$3,019,835
41$3,139,726$2,842,061$2,757,779$3,218,998
42$3,426,642$2,947,985$2,816,828$3,432,504
43$3,741,772$3,058,049$2,876,804$3,664,489
44$4,087,963$3,172,424$2,937,707$3,916,743
45$4,468,348$3,291,285$2,999,533$4,191,234
46$4,886,379$3,414,818$3,062,277$4,490,129
47$5,345,861$3,543,215$3,125,935$4,815,812
48$5,850,984$3,676,678$3,190,499$5,170,907
49$6,406,365$3,815,415$3,255,961$5,558,303
50$7,017,089$3,959,646$3,322,311$5,981,181
51$7,688,762$4,109,598$3,389,538$6,443,041
52$8,427,557$4,265,510$3,457,629$6,947,738
53$9,240,277$4,427,629$3,526,569$7,499,516
54$10,134,418$4,596,216$3,596,341$8,103,046
55$11,118,237$4,771,539$3,666,927$8,763,477
56$12,200,835$4,953,882$3,738,307$9,486,472
57$13,392,236$5,143,538$3,810,456$10,278,273
58$14,703,488$5,340,815$3,883,350$11,145,751
59$16,146,763$5,546,034$3,956,962$12,096,476
60$17,735,473$5,759,530$4,031,260$13,138,782
61$19,484,396$5,981,652$4,106,212$14,281,852
62$21,409,816$6,212,765$4,181,782$15,535,797
63$23,529,677$6,453,249$4,257,931$16,911,757
64$25,863,749$6,703,504$4,334,617$18,422,002
65$28,433,819$6,963,943$4,411,794$20,080,048
66$31,263,893$7,235,001$4,489,413$21,900,783
67$34,380,424$7,517,130$4,567,423$23,900,609
68$37,812,561$7,810,803$4,645,765$26,097,594
69$41,592,424$8,116,514$4,724,380$28,511,642
70$45,755,407$8,434,779$4,803,203$31,164,683
71$50,340,512$8,766,136$4,882,163$34,080,874
72$55,390,716$9,111,149$4,961,188$37,286,832
73$60,953,378$9,470,404$5,040,197$40,811,878
74$67,080,686$9,844,517$5,119,106$44,688,320
75$73,830,146$10,234,128$5,197,826$48,951,751
76$81,265,128$10,639,908$5,276,260$53,641,388
77$89,455,464$11,062,557$5,354,308$58,800,437
78$98,478,105$11,502,806$5,431,862$64,476,506
79$108,417,849$11,961,420$5,508,806$70,722,048
80$119,368,138$12,439,198$5,585,019$77,594,855
81$131,431,944$12,936,975$5,660,373$85,158,608
82$144,722,739$13,455,623$5,734,732$93,483,470
83$159,365,563$13,996,054$5,807,951$102,646,753
84$175,498,211$14,559,220$5,879,877$112,733,641
85$193,272,525$15,146,119$5,950,350$123,837,999
86$212,855,835$15,757,791$6,019,199$136,063,250
87$234,432,532$16,395,325$6,086,244$149,523,358
88$258,205,812$17,059,857$6,151,295$164,343,897
89$284,399,593$17,752,579$6,214,152$180,663,238
90$313,260,629$18,474,733$6,274,603$198,633,849
91$345,060,837$19,227,619$6,332,427$218,423,740
92$380,099,867$20,012,596$6,387,387$240,218,039
93$418,707,927$20,831,086$6,439,238$264,220,745
94$461,248,901$21,684,576$6,487,718$290,656,649
95$508,123,788$22,574,618$6,532,555$319,773,452
96$559,774,478$23,502,839$6,573,460$351,844,105
97$616,687,935$24,470,938$6,610,131$387,169,383
98$679,400,782$25,480,692$6,642,248$426,080,721
99$748,504,376$26,533,960$6,669,478$468,943,339
100$824,650,386$27,632,687$6,691,468$516,159,694