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

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$218,835$216,885$214,983$213,127$211,315$205,872
2 years$108,334$106,316$104,361$102,465$100,626$95,179
3 years$71,505$69,479$67,528$65,650$63,841$58,560
4 years$53,094$51,074$49,143$47,297$45,532$40,457
5 years$42,051$40,043$38,137$36,329$34,613$29,759
6 years$34,691$32,698$30,821$29,053$27,388$22,759
7 years$29,436$27,460$25,612$23,886$22,274$17,871
8 years$25,496$23,538$21,721$20,037$18,478$14,299
9 years$22,434$20,494$18,708$17,067$15,561$11,602
10 years$19,985$18,065$16,310$14,712$13,259$9,515
11 years$17,983$16,082$14,359$12,804$11,403$7,869
12 years$16,316$14,434$12,744$11,231$9,882$6,550
13 years$14,907$13,044$11,386$9,915$8,617$5,482
14 years$13,699$11,857$10,230$8,801$7,554$4,608
15 years$12,654$10,831$9,236$7,849$6,651$3,888
16 years$11,740$9,938$8,374$7,028$5,878$3,289
17 years$10,935$9,152$7,620$6,315$5,212$2,790
18 years$10,220$8,457$6,956$5,691$4,634$2,371
19 years$9,581$7,838$6,368$5,142$4,131$2,019
20 years$9,007$7,283$5,844$4,657$3,689$1,722
21 years$8,487$6,784$5,376$4,227$3,302$1,470
22 years$8,016$6,333$4,954$3,843$2,959$1,256
23 years$7,587$5,923$4,575$3,500$2,657$1,074
24 years$7,193$5,549$4,231$3,192$2,388$920
25 years$6,832$5,208$3,918$2,915$2,149$788
26 years$6,499$4,895$3,634$2,666$1,935$675
27 years$6,192$4,606$3,375$2,440$1,745$579
28 years$5,906$4,341$3,137$2,235$1,575$497
29 years$5,641$4,095$2,919$2,050$1,422$426
30 years$5,394$3,867$2,719$1,881$1,285$366
31 years$5,164$3,656$2,535$1,728$1,161$314
32 years$4,948$3,459$2,365$1,588$1,051$270
33 years$4,746$3,276$2,209$1,460$951$232
34 years$4,556$3,105$2,064$1,344$861$199
35 years$4,377$2,945$1,929$1,237$780$171
36 years$4,209$2,795$1,805$1,139$706$147
37 years$4,050$2,655$1,689$1,050$640$126
38 years$3,900$2,523$1,582$967$580$108
39 years$3,758$2,399$1,482$892$526$93
40 years$3,623$2,282$1,389$823$477$80
41 years$3,495$2,173$1,303$759$433$69
42 years$3,374$2,069$1,222$701$393$59
43 years$3,258$1,971$1,147$647$357$51
44 years$3,149$1,879$1,076$597$324$44
45 years$3,044$1,792$1,011$551$294$38
46 years$2,944$1,710$949$509$267$32
47 years$2,849$1,631$892$471$242$28
48 years$2,758$1,557$838$435$220$24
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 $6,942 every year, while hoping to spend $44,015 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: 82/10/8 Blend
39$2,650,000$2,650,000$2,650,000$2,650,000
40$2,927,461$2,787,011$2,745,936$3,164,109
41$3,179,230$2,876,743$2,791,093$3,409,689
42$3,455,205$2,969,396$2,836,288$3,672,662
43$3,757,807$3,065,068$2,881,475$3,960,016
44$4,089,705$3,163,858$2,926,606$4,274,170
45$4,453,838$3,265,870$2,971,630$4,617,787
46$4,853,443$3,371,211$3,016,493$4,993,797
47$5,292,084$3,479,990$3,061,136$5,405,430
48$5,773,690$3,592,323$3,105,497$5,856,242
49$6,302,586$3,708,327$3,149,511$6,350,149
50$6,883,540$3,828,125$3,193,110$6,891,466
51$7,521,801$3,951,843$3,236,219$7,484,944
52$8,223,152$4,079,611$3,278,760$8,135,817
53$8,993,967$4,211,565$3,320,652$8,849,851
54$9,841,264$4,347,845$3,361,806$9,633,397
55$10,772,778$4,488,594$3,402,132$10,493,450
56$11,797,029$4,633,963$3,441,531$11,437,719
57$12,923,405$4,784,106$3,479,901$12,474,693
58$14,162,248$4,939,182$3,517,133$13,613,728
59$15,524,954$5,099,359$3,553,113$14,865,129
60$17,024,077$5,264,805$3,587,721$16,240,249
61$18,673,452$5,435,700$3,620,828$17,751,597
62$20,488,320$5,612,225$3,652,302$19,412,954
63$22,485,475$5,794,570$3,682,000$21,239,505
64$24,683,421$5,982,932$3,709,775$23,247,979
65$27,102,547$6,177,513$3,735,470$25,456,808
66$29,765,319$6,378,523$3,758,920$27,886,304
67$32,696,490$6,586,180$3,779,953$30,558,841
68$35,923,337$6,800,707$3,798,386$33,499,079
69$39,475,914$7,022,338$3,814,028$36,734,183
70$43,387,338$7,251,314$3,826,679$40,294,088
71$47,694,102$7,487,883$3,836,128$44,211,780
72$52,436,414$7,732,304$3,842,152$48,523,602
73$57,658,584$7,984,843$3,844,520$53,269,603
74$63,409,436$8,245,776$3,842,988$58,493,911
75$69,742,770$8,515,390$3,837,299$64,245,151
76$76,717,869$8,793,981$3,827,185$70,576,904
77$84,400,060$9,081,854$3,812,364$77,548,210
78$92,861,329$9,379,328$3,792,541$85,224,129
79$102,181,000$9,686,731$3,767,407$93,676,349
80$112,446,484$10,004,403$3,736,637$102,983,867
81$123,754,103$10,332,695$3,699,892$113,233,735
82$136,209,997$10,671,974$3,656,814$124,521,873
83$149,931,132$11,022,616$3,607,033$136,953,986
84$165,046,396$11,385,012$3,550,157$150,646,551
85$181,697,819$11,759,568$3,485,777$165,727,921
86$200,041,912$12,146,703$3,413,467$182,339,537
87$220,251,147$12,546,851$3,332,778$200,637,257
88$242,515,581$12,960,463$3,243,242$220,792,835
89$267,044,649$13,388,005$3,144,370$242,995,535
90$294,069,145$13,829,959$3,035,648$267,453,919
91$323,843,397$14,286,826$2,916,541$294,397,816
92$356,647,667$14,759,124$2,786,489$324,080,493
93$392,790,799$15,247,391$2,644,906$356,781,040
94$432,613,130$15,752,183$2,491,180$392,807,009
95$476,489,705$16,274,075$2,324,671$432,497,313
96$524,833,817$16,813,667$2,144,709$476,225,428
97$578,100,906$17,371,577$1,950,597$524,402,917
98$636,792,861$17,948,446$1,741,604$577,483,314
99$701,462,753$18,544,941$1,516,969$635,966,403
100$772,720,061$19,161,750$1,275,894$700,402,941