Can I retire at age 40 with 2,660,000?

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 $2,660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$219,660$217,704$215,795$213,932$212,112$208,684
2 years$108,743$106,717$104,755$102,852$101,006$97,562
3 years$71,775$69,741$67,783$65,898$64,082$60,729
4 years$53,295$51,267$49,329$47,476$45,704$42,468
5 years$42,210$40,194$38,281$36,466$34,743$31,633
6 years$34,822$32,821$30,937$29,162$27,491$24,511
7 years$29,547$27,563$25,709$23,976$22,358$19,508
8 years$25,593$23,627$21,803$20,113$18,548$15,828
9 years$22,519$20,571$18,779$17,132$15,620$13,029
10 years$20,061$18,133$16,372$14,768$13,309$10,844
11 years$18,051$16,143$14,414$12,852$11,446$9,106
12 years$16,378$14,489$12,792$11,273$9,919$7,699
13 years$14,963$13,094$11,429$9,952$8,650$6,548
14 years$13,751$11,902$10,269$8,835$7,582$5,595
15 years$12,702$10,872$9,271$7,879$6,676$4,799
16 years$11,785$9,975$8,406$7,055$5,900$4,130
17 years$10,976$9,187$7,649$6,339$5,232$3,564
18 years$10,259$8,489$6,982$5,712$4,652$3,083
19 years$9,617$7,868$6,392$5,162$4,146$2,672
20 years$9,040$7,311$5,866$4,675$3,703$2,320
21 years$8,519$6,810$5,396$4,243$3,314$2,017
22 years$8,046$6,357$4,973$3,858$2,971$1,756
23 years$7,615$5,945$4,592$3,513$2,667$1,530
24 years$7,220$5,570$4,247$3,204$2,397$1,335
25 years$6,858$5,227$3,933$2,926$2,157$1,166
26 years$6,524$4,913$3,648$2,676$1,943$1,018
27 years$6,215$4,624$3,387$2,449$1,752$890
28 years$5,929$4,357$3,149$2,244$1,580$779
29 years$5,662$4,110$2,930$2,058$1,427$681
30 years$5,415$3,882$2,730$1,888$1,289$597
31 years$5,183$3,669$2,545$1,734$1,166$522
32 years$4,967$3,472$2,374$1,594$1,055$458
33 years$4,764$3,288$2,217$1,466$954$401
34 years$4,573$3,116$2,071$1,349$864$352
35 years$4,394$2,956$1,937$1,242$783$308
36 years$4,225$2,806$1,812$1,143$709$270
37 years$4,065$2,665$1,696$1,053$643$237
38 years$3,914$2,532$1,588$971$583$208
39 years$3,772$2,408$1,488$895$528$182
40 years$3,637$2,291$1,394$826$479$160
41 years$3,508$2,181$1,307$762$435$140
42 years$3,387$2,077$1,226$703$395$123
43 years$3,271$1,979$1,151$649$358$108
44 years$3,160$1,886$1,080$599$325$95
45 years$3,055$1,799$1,014$554$295$83
46 years$2,955$1,716$953$511$268$73
47 years$2,860$1,638$895$472$243$64
48 years$2,768$1,563$841$436$221$56
49 years$2,681$1,493$791$403$201$49
50 years$2,597$1,426$743$373$182$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,660,000, adding $6,947 every year, while hoping to spend $27,781 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: 47/25/28 Blend
39$2,660,000$2,660,000$2,660,000$2,660,000
40$2,938,486$2,797,506$2,756,276$3,052,718
41$3,208,653$2,905,025$2,819,052$3,241,566
42$3,505,445$3,016,881$2,883,001$3,443,191
43$3,831,550$3,133,258$2,948,131$3,661,528
44$4,189,928$3,254,347$3,014,452$3,898,163
45$4,583,837$3,380,347$3,081,974$4,154,838
46$5,016,872$3,511,467$3,150,703$4,433,472
47$5,492,988$3,647,925$3,220,647$4,736,174
48$6,016,548$3,789,947$3,291,813$5,065,264
49$6,592,353$3,937,772$3,364,206$5,423,293
50$7,225,697$4,091,647$3,437,831$5,813,070
51$7,922,411$4,251,831$3,512,692$6,237,683
52$8,688,920$4,418,594$3,588,790$6,700,532
53$9,532,304$4,592,219$3,666,128$7,205,359
54$10,460,362$4,773,000$3,744,707$7,756,280
55$11,481,688$4,961,247$3,824,524$8,357,828
56$12,605,753$5,157,280$3,905,578$9,014,991
57$13,842,989$5,361,436$3,987,864$9,733,260
58$15,204,894$5,574,067$4,071,377$10,518,681
59$16,704,136$5,795,539$4,156,111$11,377,909
60$18,354,673$6,026,235$4,242,056$12,318,273
61$20,171,887$6,266,558$4,329,202$13,347,840
62$22,172,725$6,516,925$4,417,536$14,475,495
63$24,375,862$6,777,774$4,507,043$15,711,022
64$26,801,878$7,049,562$4,597,707$17,065,193
65$29,473,447$7,332,768$4,689,507$18,549,874
66$32,415,556$7,627,891$4,782,423$20,178,130
67$35,655,738$7,935,454$4,876,430$21,964,353
68$39,224,334$8,256,001$4,971,501$23,924,392
69$43,154,775$8,590,104$5,067,605$26,075,703
70$47,483,902$8,938,360$5,164,710$28,437,516
71$52,252,312$9,301,391$5,262,779$31,031,009
72$57,504,738$9,679,849$5,361,773$33,879,513
73$63,290,477$10,074,417$5,461,648$37,008,725
74$69,663,849$10,485,807$5,562,356$40,446,954
75$76,684,714$10,914,764$5,663,847$44,225,384
76$84,419,034$11,362,067$5,766,066$48,378,369
77$92,939,498$11,828,531$5,868,952$52,943,754
78$102,326,206$12,315,008$5,972,440$57,963,229
79$112,667,424$12,822,389$6,076,463$63,482,727
80$124,060,422$13,351,606$6,180,944$69,552,848
81$136,612,384$13,903,633$6,285,805$76,229,342
82$150,441,426$14,479,491$6,390,959$83,573,629
83$165,677,710$15,080,245$6,496,315$91,653,376
84$182,464,670$15,707,010$6,601,775$100,543,140
85$200,960,367$16,360,954$6,707,234$110,325,061
86$221,338,980$17,043,296$6,812,582$121,089,644
87$243,792,452$17,755,314$6,917,700$132,936,602
88$268,532,301$18,498,343$7,022,462$145,975,805
89$295,791,614$19,273,781$7,126,733$160,328,304
90$325,827,252$20,083,089$7,230,371$176,127,481
91$358,922,268$20,927,797$7,333,225$193,520,299
92$395,388,587$21,809,506$7,435,135$212,668,688
93$435,569,941$22,729,890$7,535,931$233,751,073
94$479,845,123$23,690,703$7,635,433$256,964,052
95$528,631,555$24,693,777$7,733,449$282,524,252
96$582,389,234$25,741,032$7,829,780$310,670,369
97$641,625,070$26,834,476$7,924,211$341,665,417
98$706,897,673$27,976,212$8,016,519$375,799,209
99$778,822,627$29,168,438$8,106,464$413,391,088
100$858,078,300$30,413,457$8,193,796$454,792,942