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%15.3%
1 years$217,183$215,248$213,361$211,519$209,720$205,150
2 years$107,516$105,514$103,573$101,692$99,867$95,286
3 years$70,966$68,955$67,019$65,155$63,359$58,910
4 years$52,694$50,689$48,773$46,940$45,189$40,906
5 years$41,734$39,741$37,849$36,055$34,352$30,247
6 years$34,429$32,451$30,588$28,833$27,181$23,259
7 years$29,214$27,253$25,419$23,705$22,106$18,367
8 years$25,304$23,360$21,557$19,886$18,339$14,782
9 years$22,265$20,339$18,567$16,938$15,444$12,066
10 years$19,835$17,928$16,187$14,601$13,159$9,957
11 years$17,848$15,960$14,251$12,707$11,317$8,287
12 years$16,193$14,325$12,647$11,146$9,807$6,944
13 years$14,794$12,946$11,300$9,840$8,552$5,851
14 years$13,596$11,767$10,153$8,735$7,497$4,952
15 years$12,559$10,750$9,167$7,790$6,601$4,207
16 years$11,652$9,863$8,311$6,975$5,834$3,585
17 years$10,853$9,083$7,563$6,267$5,173$3,063
18 years$10,143$8,393$6,904$5,648$4,599$2,622
19 years$9,509$7,779$6,320$5,103$4,099$2,249
20 years$8,939$7,228$5,800$4,622$3,662$1,933
21 years$8,423$6,733$5,335$4,195$3,277$1,663
22 years$7,956$6,285$4,917$3,814$2,937$1,432
23 years$7,529$5,878$4,540$3,474$2,637$1,234
24 years$7,139$5,508$4,199$3,168$2,370$1,065
25 years$6,781$5,169$3,889$2,893$2,132$920
26 years$6,450$4,858$3,607$2,645$1,921$794
27 years$6,145$4,572$3,349$2,421$1,732$687
28 years$5,862$4,308$3,113$2,219$1,563$594
29 years$5,599$4,064$2,897$2,035$1,411$514
30 years$5,354$3,838$2,699$1,867$1,275$445
31 years$5,125$3,628$2,516$1,715$1,153$385
32 years$4,911$3,433$2,347$1,576$1,043$333
33 years$4,710$3,251$2,192$1,449$944$289
34 years$4,521$3,081$2,048$1,333$854$250
35 years$4,344$2,922$1,915$1,227$774$217
36 years$4,177$2,774$1,791$1,130$701$188
37 years$4,019$2,635$1,676$1,042$635$163
38 years$3,870$2,504$1,570$960$576$141
39 years$3,729$2,381$1,471$885$522$122
40 years$3,596$2,265$1,379$816$474$106
41 years$3,469$2,156$1,293$753$430$92
42 years$3,348$2,054$1,213$695$390$80
43 years$3,234$1,957$1,138$642$354$69
44 years$3,125$1,865$1,068$593$321$60
45 years$3,021$1,778$1,003$547$292$52
46 years$2,922$1,697$942$506$265$45
47 years$2,827$1,619$885$467$241$39
48 years$2,737$1,546$832$432$218$34
49 years$2,650$1,476$782$399$198$29
50 years$2,568$1,410$735$369$180$25

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 $5,524 every year, while hoping to spend $20,766 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: 55/36/9 Blend
39$2,630,000$2,630,000$2,630,000$2,630,000
40$2,903,958$2,764,568$2,723,803$3,057,018
41$3,178,067$2,877,937$2,792,956$3,274,533
42$3,479,439$2,996,165$2,863,729$3,508,479
43$3,810,833$3,119,468$2,936,155$3,762,693
44$4,175,288$3,248,073$3,010,267$4,039,106
45$4,576,155$3,382,215$3,086,098$4,339,840
46$5,017,121$3,522,143$3,163,681$4,667,230
47$5,502,254$3,668,114$3,243,050$5,023,838
48$6,036,032$3,820,400$3,324,240$5,412,486
49$6,623,390$3,979,282$3,407,286$5,836,275
50$7,269,767$4,145,058$3,492,221$6,298,617
51$7,981,155$4,318,037$3,579,081$6,803,262
52$8,764,154$4,498,543$3,667,902$7,354,339
53$9,626,041$4,686,915$3,758,720$7,956,388
54$10,574,831$4,883,507$3,851,571$8,614,404
55$11,619,355$5,088,690$3,946,490$9,333,885
56$12,769,346$5,302,853$4,043,515$10,120,878
57$14,035,529$5,526,402$4,142,681$10,982,042
58$15,429,719$5,759,762$4,244,027$11,924,700
59$16,964,937$6,003,377$4,347,588$12,956,918
60$18,655,530$6,257,713$4,453,403$14,087,570
61$20,517,310$6,523,256$4,561,508$15,326,426
62$22,567,697$6,800,517$4,671,940$16,684,242
63$24,825,889$7,090,029$4,784,736$18,172,857
64$27,313,039$7,392,350$4,899,935$19,805,309
65$30,052,459$7,708,065$5,017,572$21,595,948
66$33,069,834$8,037,784$5,137,685$23,560,579
67$36,393,470$8,382,149$5,260,310$25,716,603
68$40,054,558$8,741,828$5,385,485$28,083,180
69$44,087,469$9,117,524$5,513,245$30,681,412
70$48,530,078$9,509,970$5,643,626$33,534,536
71$53,424,123$9,919,935$5,776,664$36,668,142
72$58,815,596$10,348,224$5,912,394$40,110,413
73$64,755,178$10,795,679$6,050,851$43,892,389
74$71,298,720$11,263,181$6,192,069$48,048,257
75$78,507,767$11,751,654$6,336,080$52,615,671
76$86,450,139$12,262,065$6,482,918$57,636,105
77$95,200,571$12,795,425$6,632,615$63,155,243
78$104,841,423$13,352,793$6,785,200$69,223,403
79$115,463,448$13,935,281$6,940,705$75,896,016
80$127,166,659$14,544,048$7,099,157$83,234,139
81$140,061,263$15,180,312$7,260,585$91,305,032
82$154,268,712$15,845,347$7,425,014$100,182,789
83$169,922,837$16,540,486$7,592,469$109,949,033
84$187,171,124$17,267,126$7,762,973$120,693,684
85$206,176,094$18,026,731$7,936,549$132,515,801
86$227,116,847$18,820,832$8,113,214$145,524,518
87$250,190,746$19,651,035$8,292,988$159,840,063
88$275,615,285$20,519,018$8,475,886$175,594,896
89$303,630,137$21,426,543$8,661,921$192,934,949
90$334,499,420$22,375,452$8,851,104$212,021,001
91$368,514,188$23,367,677$9,043,444$233,030,191
92$405,995,182$24,405,239$9,238,945$256,157,682
93$447,295,852$25,490,257$9,437,611$281,618,503
94$492,805,698$26,624,950$9,639,441$309,649,568
95$542,953,948$27,811,641$9,844,431$340,511,907
96$598,213,604$29,052,765$10,052,573$374,493,129
97$659,105,914$30,350,872$10,263,856$411,910,121
98$726,205,286$31,708,634$10,478,264$453,112,043
99$800,144,718$33,128,849$10,695,778$498,483,607
100$881,621,765$34,614,449$10,916,374$548,448,709