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%16.3%
1 years$217,183$215,248$213,361$211,519$209,720$204,318
2 years$107,516$105,514$103,573$101,692$99,867$94,461
3 years$70,966$68,955$67,019$65,155$63,359$58,118
4 years$52,694$50,689$48,773$46,940$45,189$40,152
5 years$41,734$39,741$37,849$36,055$34,352$29,534
6 years$34,429$32,451$30,588$28,833$27,181$22,587
7 years$29,214$27,253$25,419$23,705$22,106$17,736
8 years$25,304$23,360$21,557$19,886$18,339$14,191
9 years$22,265$20,339$18,567$16,938$15,444$11,514
10 years$19,835$17,928$16,187$14,601$13,159$9,443
11 years$17,848$15,960$14,251$12,707$11,317$7,809
12 years$16,193$14,325$12,647$11,146$9,807$6,501
13 years$14,794$12,946$11,300$9,840$8,552$5,441
14 years$13,596$11,767$10,153$8,735$7,497$4,574
15 years$12,559$10,750$9,167$7,790$6,601$3,858
16 years$11,652$9,863$8,311$6,975$5,834$3,265
17 years$10,853$9,083$7,563$6,267$5,173$2,769
18 years$10,143$8,393$6,904$5,648$4,599$2,354
19 years$9,509$7,779$6,320$5,103$4,099$2,004
20 years$8,939$7,228$5,800$4,622$3,662$1,709
21 years$8,423$6,733$5,335$4,195$3,277$1,459
22 years$7,956$6,285$4,917$3,814$2,937$1,247
23 years$7,529$5,878$4,540$3,474$2,637$1,066
24 years$7,139$5,508$4,199$3,168$2,370$913
25 years$6,781$5,169$3,889$2,893$2,132$782
26 years$6,450$4,858$3,607$2,645$1,921$670
27 years$6,145$4,572$3,349$2,421$1,732$574
28 years$5,862$4,308$3,113$2,219$1,563$493
29 years$5,599$4,064$2,897$2,035$1,411$423
30 years$5,354$3,838$2,699$1,867$1,275$363
31 years$5,125$3,628$2,516$1,715$1,153$312
32 years$4,911$3,433$2,347$1,576$1,043$268
33 years$4,710$3,251$2,192$1,449$944$230
34 years$4,521$3,081$2,048$1,333$854$197
35 years$4,344$2,922$1,915$1,227$774$170
36 years$4,177$2,774$1,791$1,130$701$146
37 years$4,019$2,635$1,676$1,042$635$125
38 years$3,870$2,504$1,570$960$576$108
39 years$3,729$2,381$1,471$885$522$92
40 years$3,596$2,265$1,379$816$474$79
41 years$3,469$2,156$1,293$753$430$68
42 years$3,348$2,054$1,213$695$390$59
43 years$3,234$1,957$1,138$642$354$50
44 years$3,125$1,865$1,068$593$321$43
45 years$3,021$1,778$1,003$547$292$37
46 years$2,922$1,697$942$506$265$32
47 years$2,827$1,619$885$467$241$28
48 years$2,737$1,546$832$432$218$24
49 years$2,650$1,476$782$399$198$20
50 years$2,568$1,410$735$369$180$18

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 $6,134 every year, while hoping to spend $41,459 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: 52/43/5 Blend
39$2,630,000$2,630,000$2,630,000$2,630,000
40$2,904,587$2,765,197$2,724,432$3,052,048
41$3,156,743$2,856,580$2,771,589$3,244,022
42$3,433,229$2,951,051$2,818,935$3,447,625
43$3,736,484$3,048,717$2,866,435$3,668,020
44$4,069,192$3,149,691$2,914,047$3,906,793
45$4,434,311$3,254,088$2,961,729$4,165,691
46$4,835,099$3,362,026$3,009,436$4,446,631
47$5,275,145$3,473,632$3,057,118$4,751,724
48$5,758,402$3,589,032$3,104,723$5,083,290
49$6,289,225$3,708,360$3,152,198$5,443,882
50$6,872,411$3,831,755$3,199,481$5,836,309
51$7,513,245$3,959,359$3,246,512$6,263,660
52$8,217,550$4,091,321$3,293,223$6,729,336
53$8,991,739$4,227,794$3,339,545$7,237,078
54$9,842,879$4,368,939$3,385,403$7,791,004
55$10,778,755$4,514,920$3,430,717$8,395,646
56$11,807,947$4,665,910$3,475,404$9,055,992
57$12,939,903$4,822,085$3,519,376$9,777,534
58$14,185,036$4,983,630$3,562,538$10,566,317
59$15,554,819$5,150,737$3,604,792$11,428,996
60$17,061,891$5,323,604$3,646,033$12,372,899
61$18,720,180$5,502,436$3,686,151$13,406,094
62$20,545,030$5,687,448$3,725,029$14,537,464
63$22,553,350$5,878,860$3,762,545$15,776,792
64$24,763,770$6,076,901$3,798,568$17,134,852
65$27,196,816$6,281,812$3,832,962$18,623,506
66$29,875,109$6,493,838$3,865,583$20,255,820
67$32,823,570$6,713,236$3,896,280$22,046,185
68$36,069,661$6,940,272$3,924,893$24,010,449
69$39,643,644$7,175,223$3,951,254$26,166,069
70$43,578,862$7,418,375$3,975,188$28,532,273
71$47,912,057$7,670,025$3,996,507$31,130,239
72$52,683,714$7,930,484$4,015,017$33,983,298
73$57,938,445$8,200,070$4,030,513$37,117,148
74$63,725,411$8,479,118$4,042,779$40,560,099
75$70,098,780$8,767,972$4,051,590$44,343,336
76$77,118,245$9,066,992$4,056,707$48,501,216
77$84,849,580$9,376,549$4,057,881$53,071,585
78$93,365,268$9,697,031$4,054,851$58,096,139
79$102,745,179$10,028,838$4,047,342$63,620,815
80$113,077,325$10,372,389$4,035,065$69,696,221
81$124,458,692$10,728,116$4,017,720$76,378,115
82$136,996,154$11,096,470$3,994,989$83,727,925
83$150,807,482$11,477,917$3,966,541$91,813,333
84$166,022,453$11,872,943$3,932,029$100,708,908
85$182,784,079$12,282,052$3,891,087$110,496,811
86$201,249,951$12,705,769$3,843,335$121,267,565
87$221,593,732$13,144,638$3,788,373$133,120,911
88$244,006,792$13,599,224$3,725,782$146,166,745
89$268,700,015$14,070,116$3,655,126$160,526,156
90$295,905,789$14,557,924$3,575,945$176,332,563
91$325,880,200$15,063,284$3,487,760$193,732,977
92$358,905,451$15,586,855$3,390,070$212,889,382
93$395,292,519$16,129,323$3,282,350$233,980,264
94$435,384,098$16,691,401$3,164,050$257,202,295
95$479,557,827$17,273,832$3,034,598$282,772,181
96$528,229,860$17,877,384$2,893,392$310,928,712
97$581,858,791$18,502,861$2,739,805$341,935,012
98$640,949,981$19,151,094$2,573,182$376,081,014
99$706,060,333$19,822,952$2,392,837$413,686,202
100$777,803,544$20,519,334$2,198,055$455,102,620