Can I retire at age 40 with 2,630,000?

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 $2,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$217,183$215,248$213,361$211,519$209,720$205,402
2 years$107,516$105,514$103,573$101,692$99,867$95,536
3 years$70,966$68,955$67,019$65,155$63,359$59,151
4 years$52,694$50,689$48,773$46,940$45,189$41,135
5 years$41,734$39,741$37,849$36,055$34,352$30,464
6 years$34,429$32,451$30,588$28,833$27,181$23,464
7 years$29,214$27,253$25,419$23,705$22,106$18,560
8 years$25,304$23,360$21,557$19,886$18,339$14,964
9 years$22,265$20,339$18,567$16,938$15,444$12,237
10 years$19,835$17,928$16,187$14,601$13,159$10,116
11 years$17,848$15,960$14,251$12,707$11,317$8,436
12 years$16,193$14,325$12,647$11,146$9,807$7,082
13 years$14,794$12,946$11,300$9,840$8,552$5,979
14 years$13,596$11,767$10,153$8,735$7,497$5,071
15 years$12,559$10,750$9,167$7,790$6,601$4,317
16 years$11,652$9,863$8,311$6,975$5,834$3,686
17 years$10,853$9,083$7,563$6,267$5,173$3,156
18 years$10,143$8,393$6,904$5,648$4,599$2,708
19 years$9,509$7,779$6,320$5,103$4,099$2,329
20 years$8,939$7,228$5,800$4,622$3,662$2,005
21 years$8,423$6,733$5,335$4,195$3,277$1,729
22 years$7,956$6,285$4,917$3,814$2,937$1,492
23 years$7,529$5,878$4,540$3,474$2,637$1,290
24 years$7,139$5,508$4,199$3,168$2,370$1,115
25 years$6,781$5,169$3,889$2,893$2,132$965
26 years$6,450$4,858$3,607$2,645$1,921$836
27 years$6,145$4,572$3,349$2,421$1,732$724
28 years$5,862$4,308$3,113$2,219$1,563$628
29 years$5,599$4,064$2,897$2,035$1,411$545
30 years$5,354$3,838$2,699$1,867$1,275$472
31 years$5,125$3,628$2,516$1,715$1,153$410
32 years$4,911$3,433$2,347$1,576$1,043$356
33 years$4,710$3,251$2,192$1,449$944$309
34 years$4,521$3,081$2,048$1,333$854$268
35 years$4,344$2,922$1,915$1,227$774$233
36 years$4,177$2,774$1,791$1,130$701$202
37 years$4,019$2,635$1,676$1,042$635$176
38 years$3,870$2,504$1,570$960$576$153
39 years$3,729$2,381$1,471$885$522$133
40 years$3,596$2,265$1,379$816$474$115
41 years$3,469$2,156$1,293$753$430$100
42 years$3,348$2,054$1,213$695$390$87
43 years$3,234$1,957$1,138$642$354$76
44 years$3,125$1,865$1,068$593$321$66
45 years$3,021$1,778$1,003$547$292$57
46 years$2,922$1,697$942$506$265$50
47 years$2,827$1,619$885$467$241$43
48 years$2,737$1,546$832$432$218$38
49 years$2,650$1,476$782$399$198$33
50 years$2,568$1,410$735$369$180$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,630,000, adding $2,708 every year, while hoping to spend $37,902 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: 37/48/15 Blend
39$2,630,000$2,630,000$2,630,000$2,630,000
40$2,901,053$2,761,663$2,720,898$2,995,050
41$3,156,633$2,856,657$2,771,721$3,157,829
42$3,437,012$2,955,036$2,822,976$3,329,716
43$3,744,679$3,056,925$2,874,637$3,514,563
44$4,082,377$3,162,454$2,926,678$3,713,549
45$4,453,126$3,271,761$2,979,068$3,927,970
46$4,860,252$3,384,985$3,031,775$4,159,249
47$5,307,423$3,502,274$3,084,764$4,408,949
48$5,798,674$3,623,780$3,137,998$4,678,786
49$6,338,455$3,749,661$3,191,437$4,970,650
50$6,931,666$3,880,083$3,245,038$5,286,613
51$7,583,705$4,015,215$3,298,756$5,628,956
52$8,300,519$4,155,238$3,352,541$6,000,187
53$9,088,662$4,300,334$3,406,341$6,403,062
54$9,955,352$4,450,697$3,460,100$6,840,613
55$10,908,544$4,606,527$3,513,759$7,316,175
56$11,957,000$4,768,032$3,567,255$7,833,417
57$13,110,376$4,935,427$3,620,520$8,396,372
58$14,379,309$5,108,938$3,673,482$9,009,483
59$15,775,522$5,288,799$3,726,067$9,677,633
60$17,311,928$5,475,253$3,778,193$10,406,198
61$19,002,758$5,668,554$3,829,776$11,201,096
62$20,863,691$5,868,964$3,880,725$12,068,838
63$22,912,002$6,076,758$3,930,943$13,016,592
64$25,166,727$6,292,220$3,980,331$14,052,246
65$27,648,842$6,515,648$4,028,781$15,184,487
66$30,381,459$6,747,350$4,076,180$16,422,876
67$33,390,044$6,987,646$4,122,409$17,777,940
68$36,702,660$7,236,872$4,167,341$19,261,270
69$40,350,228$7,495,376$4,210,843$20,885,630
70$44,366,820$7,763,518$4,252,776$22,665,072
71$48,789,983$8,041,677$4,292,990$24,615,072
72$53,661,087$8,330,245$4,331,331$26,752,673
73$59,025,721$8,629,630$4,367,634$29,096,643
74$64,934,120$8,940,258$4,401,726$31,667,654
75$71,441,642$9,262,572$4,433,425$34,488,470
76$78,609,284$9,597,033$4,462,539$37,584,167
77$86,504,264$9,944,121$4,488,868$40,982,363
78$95,200,653$10,304,337$4,512,199$44,713,479
79$104,780,071$10,678,201$4,532,309$48,811,022
80$115,332,462$11,066,256$4,548,965$53,311,903
81$126,956,939$11,469,068$4,561,921$58,256,782
82$139,762,720$11,887,226$4,570,919$63,690,448
83$153,870,160$12,321,343$4,575,687$69,662,242
84$169,411,886$12,772,059$4,575,942$76,226,519
85$186,534,048$13,240,039$4,571,386$83,443,159
86$205,397,698$13,725,977$4,561,704$91,378,132
87$226,180,311$14,230,598$4,546,569$100,104,115
88$249,077,460$14,754,655$4,525,637$109,701,178
89$274,304,661$15,298,934$4,498,546$120,257,534
90$302,099,408$15,864,253$4,464,918$131,870,373
91$332,723,413$16,451,466$4,424,358$144,646,776
92$366,465,077$17,061,463$4,376,450$158,704,718
93$403,642,212$17,695,173$4,320,759$174,174,184
94$444,605,043$18,353,562$4,256,829$191,198,393
95$489,739,509$19,037,638$4,184,185$209,935,140
96$539,470,911$19,748,454$4,102,327$230,558,291
97$594,267,922$20,487,106$4,010,733$253,259,415
98$654,647,013$21,254,738$3,908,856$278,249,588
99$721,177,331$22,052,542$3,796,124$305,761,387
100$794,486,065$22,881,763$3,671,941$336,051,077