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

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 $2,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$215,531$213,612$211,738$209,910$208,125$202,683
2 years$106,699$104,712$102,786$100,918$99,107$93,661
3 years$70,426$68,430$66,509$64,659$62,878$57,598
4 years$52,293$50,303$48,402$46,583$44,845$39,773
5 years$41,416$39,438$37,562$35,781$34,090$29,240
6 years$34,167$32,204$30,355$28,614$26,975$22,350
7 years$28,992$27,045$25,225$23,525$21,938$17,539
8 years$25,112$23,183$21,393$19,735$18,199$14,026
9 years$22,095$20,185$18,426$16,810$15,326$11,373
10 years$19,684$17,792$16,064$14,490$13,059$9,322
11 years$17,712$15,839$14,143$12,611$11,231$7,704
12 years$16,070$14,216$12,551$11,061$9,733$6,409
13 years$14,682$12,847$11,214$9,765$8,487$5,360
14 years$13,493$11,678$10,076$8,669$7,440$4,503
15 years$12,463$10,668$9,097$7,731$6,550$3,796
16 years$11,563$9,788$8,248$6,922$5,789$3,210
17 years$10,770$9,014$7,505$6,220$5,133$2,720
18 years$10,066$8,329$6,851$5,605$4,564$2,310
19 years$9,436$7,720$6,272$5,065$4,068$1,966
20 years$8,871$7,173$5,756$4,587$3,634$1,675
21 years$8,359$6,682$5,294$4,163$3,252$1,429
22 years$7,895$6,237$4,880$3,785$2,915$1,220
23 years$7,472$5,834$4,505$3,447$2,617$1,043
24 years$7,085$5,466$4,167$3,144$2,352$892
25 years$6,729$5,129$3,859$2,871$2,116$763
26 years$6,401$4,821$3,579$2,625$1,906$654
27 years$6,098$4,537$3,324$2,403$1,719$560
28 years$5,817$4,275$3,090$2,202$1,551$480
29 years$5,556$4,033$2,875$2,019$1,400$411
30 years$5,313$3,809$2,678$1,853$1,265$353
31 years$5,086$3,600$2,497$1,702$1,144$303
32 years$4,873$3,407$2,330$1,564$1,035$260
33 years$4,674$3,226$2,175$1,438$936$223
34 years$4,487$3,058$2,032$1,323$848$191
35 years$4,311$2,900$1,900$1,218$768$164
36 years$4,145$2,753$1,778$1,122$696$141
37 years$3,989$2,615$1,664$1,034$631$121
38 years$3,841$2,485$1,558$953$572$104
39 years$3,701$2,363$1,460$879$518$89
40 years$3,568$2,248$1,368$810$470$77
41 years$3,442$2,140$1,283$748$427$66
42 years$3,323$2,038$1,203$690$387$57
43 years$3,209$1,942$1,129$637$351$49
44 years$3,101$1,851$1,060$588$319$42
45 years$2,998$1,765$995$543$290$36
46 years$2,900$1,684$935$502$263$31
47 years$2,806$1,607$878$463$239$26
48 years$2,716$1,534$825$428$217$23
49 years$2,630$1,465$776$396$197$20
50 years$2,548$1,399$729$366$179$17

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 $3,531 every year, while hoping to spend $58,629 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: 65/10/25 Blend
39$2,610,000$2,610,000$2,610,000$2,610,000
40$2,879,862$2,741,532$2,701,077$3,048,033
41$3,111,227$2,813,487$2,729,183$3,233,823
42$3,364,227$2,887,002$2,756,264$3,429,912
43$3,641,005$2,962,092$2,782,226$3,642,915
44$3,943,924$3,038,771$2,806,968$3,874,498
45$4,275,585$3,117,051$2,830,381$4,126,499
46$4,638,850$3,196,942$2,852,354$4,400,941
47$5,036,873$3,278,453$2,872,769$4,700,053
48$5,473,128$3,361,591$2,891,501$5,026,292
49$5,951,440$3,446,361$2,908,418$5,382,364
50$6,476,021$3,532,767$2,923,385$5,771,253
51$7,051,511$3,620,809$2,936,255$6,196,244
52$7,683,023$3,710,486$2,946,876$6,660,960
53$8,376,184$3,801,793$2,955,089$7,169,392
54$9,137,197$3,894,723$2,960,727$7,725,937
55$9,972,892$3,989,265$2,963,613$8,335,443
56$10,890,795$4,085,407$2,963,562$9,003,250
57$11,899,195$4,183,131$2,960,380$9,735,246
58$13,007,225$4,282,416$2,953,864$10,537,915
59$14,224,944$4,383,237$2,943,801$11,418,408
60$15,563,436$4,485,564$2,929,967$12,384,603
61$17,034,913$4,589,362$2,912,126$13,445,183
62$18,652,826$4,694,593$2,890,035$14,609,716
63$20,431,998$4,801,212$2,863,434$15,888,748
64$22,388,757$4,909,167$2,832,055$17,293,901
65$24,541,096$5,018,401$2,795,614$18,837,983
66$26,908,837$5,128,852$2,753,817$20,535,112
67$29,513,820$5,240,448$2,706,352$22,400,844
68$32,380,111$5,353,112$2,652,896$24,452,325
69$35,534,224$5,466,756$2,593,110$26,708,452
70$39,005,374$5,581,286$2,526,638$29,190,048
71$42,825,751$5,696,597$2,453,109$31,920,067
72$47,030,824$5,812,577$2,372,134$34,923,801
73$51,659,674$5,929,100$2,283,307$38,229,129
74$56,755,367$6,046,031$2,186,204$41,866,772
75$62,365,352$6,163,224$2,080,379$45,870,591
76$68,541,915$6,280,519$1,965,369$50,277,900
77$75,342,669$6,397,744$1,840,687$55,129,825
78$82,831,098$6,514,710$1,705,828$60,471,690
79$91,077,157$6,631,218$1,560,260$66,353,445
80$100,157,929$6,747,049$1,403,430$72,830,140
81$110,158,352$6,861,969$1,234,760$79,962,443
82$121,172,025$6,975,727$1,053,645$87,817,214
83$133,302,084$7,088,050$859,455$96,468,142
84$146,662,181$7,198,648$651,530$105,996,434
85$161,377,550$7,307,209$429,184$116,491,586
86$177,586,196$7,413,398$191,697$128,052,230
87$195,440,190$7,516,857$0$140,787,064
88$215,107,108$7,617,202$0$154,832,351
89$236,771,610$7,714,021$0$170,359,281
90$260,637,184$7,806,878$0$187,462,375
91$286,928,065$7,895,303$0$206,302,203
92$315,891,351$7,978,797$0$227,055,707
93$347,799,337$8,056,825$0$249,917,873
94$382,952,079$8,128,819$0$275,103,572
95$421,680,233$8,194,173$0$302,849,587
96$464,348,170$8,252,242$0$333,416,846
97$511,357,419$8,302,337$0$367,092,892
98$563,150,451$8,343,727$0$404,194,588
99$620,214,863$8,375,635$0$445,071,114
100$683,087,970$8,397,233$0$490,107,264