Can I retire at age 40 with 2,650,000?

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$218,835$216,885$214,983$213,127$211,315$206,123
2 years$108,334$106,316$104,361$102,465$100,626$95,427
3 years$71,505$69,479$67,528$65,650$63,841$58,798
4 years$53,094$51,074$49,143$47,297$45,532$40,683
5 years$42,051$40,043$38,137$36,329$34,613$29,972
6 years$34,691$32,698$30,821$29,053$27,388$22,960
7 years$29,436$27,460$25,612$23,886$22,274$18,059
8 years$25,496$23,538$21,721$20,037$18,478$14,475
9 years$22,434$20,494$18,708$17,067$15,561$11,766
10 years$19,985$18,065$16,310$14,712$13,259$9,667
11 years$17,983$16,082$14,359$12,804$11,403$8,010
12 years$16,316$14,434$12,744$11,231$9,882$6,681
13 years$14,907$13,044$11,386$9,915$8,617$5,603
14 years$13,699$11,857$10,230$8,801$7,554$4,720
15 years$12,654$10,831$9,236$7,849$6,651$3,990
16 years$11,740$9,938$8,374$7,028$5,878$3,383
17 years$10,935$9,152$7,620$6,315$5,212$2,876
18 years$10,220$8,457$6,956$5,691$4,634$2,450
19 years$9,581$7,838$6,368$5,142$4,131$2,090
20 years$9,007$7,283$5,844$4,657$3,689$1,786
21 years$8,487$6,784$5,376$4,227$3,302$1,529
22 years$8,016$6,333$4,954$3,843$2,959$1,309
23 years$7,587$5,923$4,575$3,500$2,657$1,123
24 years$7,193$5,549$4,231$3,192$2,388$963
25 years$6,832$5,208$3,918$2,915$2,149$827
26 years$6,499$4,895$3,634$2,666$1,935$711
27 years$6,192$4,606$3,375$2,440$1,745$611
28 years$5,906$4,341$3,137$2,235$1,575$525
29 years$5,641$4,095$2,919$2,050$1,422$452
30 years$5,394$3,867$2,719$1,881$1,285$389
31 years$5,164$3,656$2,535$1,728$1,161$335
32 years$4,948$3,459$2,365$1,588$1,051$288
33 years$4,746$3,276$2,209$1,460$951$248
34 years$4,556$3,105$2,064$1,344$861$214
35 years$4,377$2,945$1,929$1,237$780$184
36 years$4,209$2,795$1,805$1,139$706$158
37 years$4,050$2,655$1,689$1,050$640$136
38 years$3,900$2,523$1,582$967$580$118
39 years$3,758$2,399$1,482$892$526$101
40 years$3,623$2,282$1,389$823$477$87
41 years$3,495$2,173$1,303$759$433$75
42 years$3,374$2,069$1,222$701$393$65
43 years$3,258$1,971$1,147$647$357$56
44 years$3,149$1,879$1,076$597$324$48
45 years$3,044$1,792$1,011$551$294$42
46 years$2,944$1,710$949$509$267$36
47 years$2,849$1,631$892$471$242$31
48 years$2,758$1,557$838$435$220$27
49 years$2,671$1,487$788$402$200$23
50 years$2,587$1,421$740$371$182$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,650,000, adding $4,321 every year, while hoping to spend $58,147 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: 37/38/25 Blend
39$2,650,000$2,650,000$2,650,000$2,650,000
40$2,924,757$2,784,307$2,743,232$3,010,915
41$3,161,214$2,858,870$2,773,262$3,149,103
42$3,419,841$2,935,138$2,802,350$3,292,599
43$3,702,838$3,013,133$2,830,402$3,446,457
44$4,012,627$3,092,876$2,857,319$3,611,646
45$4,351,876$3,174,387$2,883,000$3,789,237
46$4,723,521$3,257,686$2,907,335$3,980,407
47$5,130,799$3,342,792$2,930,209$4,186,453
48$5,577,272$3,429,720$2,951,503$4,408,802
49$6,066,863$3,518,486$2,971,088$4,649,029
50$6,603,895$3,609,104$2,988,831$4,908,867
51$7,193,129$3,701,585$3,004,593$5,190,225
52$7,839,806$3,795,941$3,018,225$5,495,208
53$8,549,703$3,892,180$3,029,573$5,826,133
54$9,329,183$3,990,306$3,038,473$6,185,556
55$10,185,252$4,090,324$3,044,755$6,576,291
56$11,125,633$4,192,235$3,048,239$7,001,440
57$12,158,829$4,296,036$3,048,736$7,464,422
58$13,294,210$4,401,722$3,046,049$7,969,004
59$14,542,097$4,509,285$3,039,970$8,519,337
60$15,913,864$4,618,712$3,030,282$9,119,999
61$17,422,038$4,729,989$3,016,756$9,776,031
62$19,080,421$4,843,094$2,999,153$10,492,993
63$20,904,222$4,958,003$2,977,223$11,277,011
64$22,910,195$5,074,688$2,950,702$12,134,836
65$25,116,800$5,193,113$2,919,316$13,073,912
66$27,544,377$5,313,238$2,882,775$14,102,440
67$30,215,334$5,435,018$2,840,779$15,229,464
68$33,154,364$5,558,400$2,793,012$16,464,947
69$36,388,673$5,683,325$2,739,141$17,819,875
70$39,948,237$5,809,727$2,678,822$19,306,353
71$43,866,087$5,937,533$2,611,692$20,937,728
72$48,178,615$6,066,660$2,537,371$22,728,708
73$52,925,924$6,197,016$2,455,463$24,695,506
74$58,152,201$6,328,503$2,365,554$26,855,992
75$63,906,135$6,461,009$2,267,210$29,229,862
76$70,241,376$6,594,414$2,159,977$31,838,827
77$77,217,042$6,728,585$2,043,381$34,706,816
78$84,898,273$6,863,379$1,916,927$37,860,205
79$93,356,851$6,998,638$1,780,098$41,328,067
80$102,671,870$7,134,192$1,632,351$45,142,443
81$112,930,489$7,269,855$1,473,123$49,338,653
82$124,228,748$7,405,428$1,301,823$53,955,624
83$136,672,480$7,540,693$1,117,833$59,036,262
84$150,378,303$7,675,417$920,510$64,627,859
85$165,474,724$7,809,347$709,182$70,782,538
86$182,103,352$7,942,212$483,146$77,557,749
87$200,420,232$8,073,718$241,669$85,016,812
88$220,597,318$8,203,552$0$93,229,518
89$242,824,094$8,331,376$0$102,277,062
90$267,309,365$8,456,827$0$112,309,022
91$294,283,226$8,579,518$0$123,354,526
92$323,999,233$8,699,032$0$135,516,792
93$356,736,795$8,814,924$0$148,909,568
94$392,803,812$8,926,719$0$163,658,204
95$432,539,580$9,033,907$0$179,900,840
96$476,317,994$9,135,946$0$197,789,712
97$524,551,077$9,232,255$0$217,492,582
98$577,692,867$9,322,216$0$239,194,332
99$636,243,703$9,405,168$0$263,098,706
100$700,754,949$9,480,410$0$289,430,234