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

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 $2,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$217,183$215,248$213,361$211,519$209,720$206,757
2 years$107,516$105,514$103,573$101,692$99,867$96,887
3 years$70,966$68,955$67,019$65,155$63,359$60,456
4 years$52,694$50,689$48,773$46,940$45,189$42,384
5 years$41,734$39,741$37,849$36,055$34,352$31,653
6 years$34,429$32,451$30,588$28,833$27,181$24,593
7 years$29,214$27,253$25,419$23,705$22,106$19,628
8 years$25,304$23,360$21,557$19,886$18,339$15,972
9 years$22,265$20,339$18,567$16,938$15,444$13,186
10 years$19,835$17,928$16,187$14,601$13,159$11,009
11 years$17,848$15,960$14,251$12,707$11,317$9,273
12 years$16,193$14,325$12,647$11,146$9,807$7,866
13 years$14,794$12,946$11,300$9,840$8,552$6,711
14 years$13,596$11,767$10,153$8,735$7,497$5,753
15 years$12,559$10,750$9,167$7,790$6,601$4,952
16 years$11,652$9,863$8,311$6,975$5,834$4,277
17 years$10,853$9,083$7,563$6,267$5,173$3,704
18 years$10,143$8,393$6,904$5,648$4,599$3,215
19 years$9,509$7,779$6,320$5,103$4,099$2,797
20 years$8,939$7,228$5,800$4,622$3,662$2,437
21 years$8,423$6,733$5,335$4,195$3,277$2,127
22 years$7,956$6,285$4,917$3,814$2,937$1,859
23 years$7,529$5,878$4,540$3,474$2,637$1,626
24 years$7,139$5,508$4,199$3,168$2,370$1,424
25 years$6,781$5,169$3,889$2,893$2,132$1,248
26 years$6,450$4,858$3,607$2,645$1,921$1,095
27 years$6,145$4,572$3,349$2,421$1,732$961
28 years$5,862$4,308$3,113$2,219$1,563$844
29 years$5,599$4,064$2,897$2,035$1,411$742
30 years$5,354$3,838$2,699$1,867$1,275$652
31 years$5,125$3,628$2,516$1,715$1,153$573
32 years$4,911$3,433$2,347$1,576$1,043$504
33 years$4,710$3,251$2,192$1,449$944$444
34 years$4,521$3,081$2,048$1,333$854$391
35 years$4,344$2,922$1,915$1,227$774$344
36 years$4,177$2,774$1,791$1,130$701$303
37 years$4,019$2,635$1,676$1,042$635$267
38 years$3,870$2,504$1,570$960$576$235
39 years$3,729$2,381$1,471$885$522$207
40 years$3,596$2,265$1,379$816$474$182
41 years$3,469$2,156$1,293$753$430$161
42 years$3,348$2,054$1,213$695$390$142
43 years$3,234$1,957$1,138$642$354$125
44 years$3,125$1,865$1,068$593$321$110
45 years$3,021$1,778$1,003$547$292$97
46 years$2,922$1,697$942$506$265$85
47 years$2,827$1,619$885$467$241$75
48 years$2,737$1,546$832$432$218$66
49 years$2,650$1,476$782$399$198$59
50 years$2,568$1,410$735$369$180$52

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 $3,945 every year, while hoping to spend $37,572 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: 44/50/6 Blend
39$2,630,000$2,630,000$2,630,000$2,630,000
40$2,902,329$2,762,939$2,722,174$3,024,955
41$3,158,391$2,858,347$2,773,391$3,205,475
42$3,439,311$2,957,170$2,825,064$3,396,815
43$3,747,586$3,059,537$2,877,169$3,603,307
44$4,085,965$3,165,580$2,929,680$3,826,351
45$4,457,478$3,275,437$2,982,568$4,067,488
46$4,865,458$3,389,252$3,035,802$4,328,409
47$5,313,583$3,507,173$3,089,349$4,610,970
48$5,805,899$3,629,355$3,143,173$4,917,215
49$6,346,867$3,755,960$3,197,235$5,249,388
50$6,941,399$3,887,154$3,251,495$5,609,956
51$7,594,910$4,023,112$3,305,908$6,001,633
52$8,313,361$4,164,015$3,360,426$6,427,403
53$9,103,323$4,310,051$3,414,999$6,890,546
54$9,972,034$4,461,416$3,469,574$7,394,672
55$10,927,470$4,618,313$3,524,093$7,943,751
56$11,978,415$4,780,954$3,578,493$8,542,151
57$13,134,552$4,949,559$3,632,711$9,194,677
58$14,406,547$5,124,358$3,686,677$9,906,618
59$15,806,151$5,305,588$3,740,318$10,683,792
60$17,346,315$5,493,498$3,793,555$11,532,604
61$19,041,305$5,688,345$3,846,305$12,460,101
62$20,906,842$5,890,399$3,898,480$13,474,042
63$22,960,249$6,099,937$3,949,989$14,582,968
64$25,220,613$6,317,252$4,000,731$15,796,279
65$27,708,963$6,542,646$4,050,604$17,124,325
66$30,448,475$6,776,432$4,099,496$18,578,502
67$33,464,682$7,018,941$4,147,292$20,171,355
68$36,785,722$7,270,511$4,193,869$21,916,699
69$40,442,599$7,531,499$4,239,097$23,829,746
70$44,469,476$7,802,275$4,282,839$25,927,247
71$48,904,000$8,083,224$4,324,951$28,227,649
72$53,787,652$8,374,746$4,365,281$30,751,266
73$59,166,143$8,677,259$4,403,668$33,520,472
74$65,089,843$8,991,198$4,439,944$36,559,909
75$71,614,256$9,317,015$4,473,931$39,896,715
76$78,800,544$9,655,183$4,505,442$43,560,784
77$86,716,105$10,006,193$4,534,281$47,585,040
78$95,435,208$10,370,556$4,560,239$52,005,752
79$105,039,692$10,748,806$4,583,099$56,862,867
80$115,619,741$11,141,498$4,602,634$62,200,391
81$127,274,734$11,549,211$4,618,602$68,066,801
82$140,114,182$11,972,548$4,630,751$74,515,498
83$154,258,764$12,412,138$4,638,815$81,605,307
84$169,841,459$12,868,635$4,642,518$89,401,038
85$187,008,812$13,342,721$4,641,566$97,974,084
86$205,922,305$13,835,109$4,635,653$107,403,102
87$226,759,891$14,346,540$4,624,457$117,774,744
88$249,717,665$14,877,786$4,607,642$129,184,480
89$275,011,723$15,429,654$4,584,855$141,737,491
90$302,880,195$16,002,983$4,555,723$155,549,659
91$333,585,496$16,598,650$4,519,860$170,748,659
92$367,416,799$17,217,567$4,476,859$187,475,161
93$404,692,772$17,860,687$4,426,293$205,884,152
94$445,764,577$18,529,002$4,367,716$226,146,399
95$491,019,190$19,223,549$4,300,660$248,450,053
96$540,883,052$19,945,408$4,224,637$273,002,423
97$595,826,095$20,695,705$4,139,135$300,031,930
98$656,366,177$21,475,615$4,043,616$329,790,255
99$723,073,971$22,286,364$3,937,521$362,554,715
100$796,578,351$23,129,230$3,820,263$398,630,875