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%16.2%
1 years$218,835$216,885$214,983$213,127$211,315$205,956
2 years$108,334$106,316$104,361$102,465$100,626$95,262
3 years$71,505$69,479$67,528$65,650$63,841$58,639
4 years$53,094$51,074$49,143$47,297$45,532$40,533
5 years$42,051$40,043$38,137$36,329$34,613$29,830
6 years$34,691$32,698$30,821$29,053$27,388$22,826
7 years$29,436$27,460$25,612$23,886$22,274$17,933
8 years$25,496$23,538$21,721$20,037$18,478$14,357
9 years$22,434$20,494$18,708$17,067$15,561$11,656
10 years$19,985$18,065$16,310$14,712$13,259$9,565
11 years$17,983$16,082$14,359$12,804$11,403$7,915
12 years$16,316$14,434$12,744$11,231$9,882$6,594
13 years$14,907$13,044$11,386$9,915$8,617$5,522
14 years$13,699$11,857$10,230$8,801$7,554$4,645
15 years$12,654$10,831$9,236$7,849$6,651$3,922
16 years$11,740$9,938$8,374$7,028$5,878$3,320
17 years$10,935$9,152$7,620$6,315$5,212$2,818
18 years$10,220$8,457$6,956$5,691$4,634$2,397
19 years$9,581$7,838$6,368$5,142$4,131$2,043
20 years$9,007$7,283$5,844$4,657$3,689$1,743
21 years$8,487$6,784$5,376$4,227$3,302$1,489
22 years$8,016$6,333$4,954$3,843$2,959$1,274
23 years$7,587$5,923$4,575$3,500$2,657$1,090
24 years$7,193$5,549$4,231$3,192$2,388$934
25 years$6,832$5,208$3,918$2,915$2,149$801
26 years$6,499$4,895$3,634$2,666$1,935$687
27 years$6,192$4,606$3,375$2,440$1,745$589
28 years$5,906$4,341$3,137$2,235$1,575$506
29 years$5,641$4,095$2,919$2,050$1,422$434
30 years$5,394$3,867$2,719$1,881$1,285$373
31 years$5,164$3,656$2,535$1,728$1,161$321
32 years$4,948$3,459$2,365$1,588$1,051$276
33 years$4,746$3,276$2,209$1,460$951$237
34 years$4,556$3,105$2,064$1,344$861$204
35 years$4,377$2,945$1,929$1,237$780$175
36 years$4,209$2,795$1,805$1,139$706$151
37 years$4,050$2,655$1,689$1,050$640$130
38 years$3,900$2,523$1,582$967$580$111
39 years$3,758$2,399$1,482$892$526$96
40 years$3,623$2,282$1,389$823$477$82
41 years$3,495$2,173$1,303$759$433$71
42 years$3,374$2,069$1,222$701$393$61
43 years$3,258$1,971$1,147$647$357$52
44 years$3,149$1,879$1,076$597$324$45
45 years$3,044$1,792$1,011$551$294$39
46 years$2,944$1,710$949$509$267$33
47 years$2,849$1,631$892$471$242$29
48 years$2,758$1,557$838$435$220$25
49 years$2,671$1,487$788$402$200$21
50 years$2,587$1,421$740$371$182$18

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 $2,197 every year, while hoping to spend $51,807 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: 79/16/5 Blend
39$2,650,000$2,650,000$2,650,000$2,650,000
40$2,922,566$2,782,116$2,741,041$3,152,717
41$3,165,546$2,863,318$2,777,744$3,384,946
42$3,431,573$2,946,762$2,813,940$3,632,576
43$3,722,944$3,032,503$2,849,557$3,902,630
44$4,042,187$3,120,599$2,884,520$4,197,316
45$4,392,087$3,211,105$2,918,749$4,519,064
46$4,775,711$3,304,081$2,952,158$4,870,548
47$5,196,438$3,399,585$2,984,660$5,254,715
48$5,657,987$3,497,677$3,016,158$5,674,811
49$6,164,457$3,598,418$3,046,555$6,134,407
50$6,720,361$3,701,871$3,075,744$6,637,438
51$7,330,672$3,808,097$3,103,616$7,188,239
52$8,000,868$3,917,160$3,130,054$7,791,582
53$8,736,981$4,029,125$3,154,935$8,452,726
54$9,545,658$4,144,058$3,178,130$9,177,460
55$10,434,221$4,262,023$3,199,504$9,972,163
56$11,410,738$4,383,088$3,218,914$10,843,863
57$12,484,094$4,507,321$3,236,208$11,800,300
58$13,664,081$4,634,789$3,251,231$12,850,000
59$14,961,485$4,765,561$3,263,814$14,002,358
60$16,388,190$4,899,706$3,273,785$15,267,722
61$17,957,288$5,037,295$3,280,960$16,657,493
62$19,683,205$5,178,397$3,285,146$18,184,232
63$21,581,836$5,323,082$3,286,142$19,861,778
64$23,670,692$5,471,422$3,283,737$21,705,377
65$25,969,068$5,623,486$3,277,707$23,731,827
66$28,498,223$5,779,347$3,267,820$25,959,637
67$31,281,581$5,939,075$3,253,832$28,409,198
68$34,344,954$6,102,741$3,235,486$31,102,981
69$37,716,778$6,270,414$3,212,514$34,065,741
70$41,428,391$6,442,166$3,184,635$37,324,755
71$45,514,320$6,618,065$3,151,554$40,910,082
72$50,012,611$6,798,181$3,112,961$44,854,837
73$54,965,187$6,982,581$3,068,535$49,195,513
74$60,418,241$7,171,333$3,017,935$53,972,320
75$66,422,674$7,364,501$2,960,809$59,229,565
76$73,034,576$7,562,150$2,896,785$65,016,068
77$80,315,750$7,764,343$2,825,475$71,385,627
78$88,334,301$7,971,140$2,746,473$78,397,522
79$97,165,274$8,182,601$2,659,354$86,117,073
80$106,891,364$8,398,780$2,563,674$94,616,260
81$117,603,695$8,619,732$2,458,969$103,974,399
82$129,402,680$8,845,507$2,344,753$114,278,892
83$142,398,969$9,076,152$2,220,518$125,626,051
84$156,714,492$9,311,712$2,085,733$138,122,005
85$172,483,609$9,552,224$1,939,844$151,883,706
86$189,854,379$9,797,726$1,782,271$167,040,026
87$208,989,958$10,048,246$1,612,409$183,732,979
88$230,070,134$10,303,811$1,429,625$202,119,059
89$253,293,029$10,564,439$1,233,259$222,370,716
90$278,876,965$10,830,144$1,022,620$244,677,983
91$307,062,526$11,100,931$796,988$269,250,273
92$338,114,828$11,376,801$555,612$296,318,353
93$372,326,020$11,657,744$297,704$326,136,519
94$410,018,043$11,943,743$22,447$358,985,004
95$451,545,668$12,234,771$0$395,172,615
96$497,299,843$12,530,791$0$435,054,126
97$547,711,385$12,831,757$0$478,992,286
98$603,255,042$13,137,609$0$527,399,197
99$664,453,981$13,448,277$0$580,730,302
100$731,884,720$13,763,675$0$639,487,495