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

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 $2,660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$219,660$217,704$215,795$213,932$212,112$210,335
2 years$108,743$106,717$104,755$102,852$101,006$99,215
3 years$71,775$69,741$67,783$65,898$64,082$62,333
4 years$53,295$51,267$49,329$47,476$45,704$44,009
5 years$42,210$40,194$38,281$36,466$34,743$33,109
6 years$34,822$32,821$30,937$29,162$27,491$25,919
7 years$29,547$27,563$25,709$23,976$22,358$20,848
8 years$25,593$23,627$21,803$20,113$18,548$17,101
9 years$22,519$20,571$18,779$17,132$15,620$14,235
10 years$20,061$18,133$16,372$14,768$13,309$11,986
11 years$18,051$16,143$14,414$12,852$11,446$10,183
12 years$16,378$14,489$12,792$11,273$9,919$8,716
13 years$14,963$13,094$11,429$9,952$8,650$7,504
14 years$13,751$11,902$10,269$8,835$7,582$6,493
15 years$12,702$10,872$9,271$7,879$6,676$5,642
16 years$11,785$9,975$8,406$7,055$5,900$4,920
17 years$10,976$9,187$7,649$6,339$5,232$4,303
18 years$10,259$8,489$6,982$5,712$4,652$3,773
19 years$9,617$7,868$6,392$5,162$4,146$3,316
20 years$9,040$7,311$5,866$4,675$3,703$2,919
21 years$8,519$6,810$5,396$4,243$3,314$2,575
22 years$8,046$6,357$4,973$3,858$2,971$2,274
23 years$7,615$5,945$4,592$3,513$2,667$2,011
24 years$7,220$5,570$4,247$3,204$2,397$1,780
25 years$6,858$5,227$3,933$2,926$2,157$1,578
26 years$6,524$4,913$3,648$2,676$1,943$1,399
27 years$6,215$4,624$3,387$2,449$1,752$1,242
28 years$5,929$4,357$3,149$2,244$1,580$1,103
29 years$5,662$4,110$2,930$2,058$1,427$980
30 years$5,415$3,882$2,730$1,888$1,289$872
31 years$5,183$3,669$2,545$1,734$1,166$775
32 years$4,967$3,472$2,374$1,594$1,055$690
33 years$4,764$3,288$2,217$1,466$954$614
34 years$4,573$3,116$2,071$1,349$864$547
35 years$4,394$2,956$1,937$1,242$783$487
36 years$4,225$2,806$1,812$1,143$709$434
37 years$4,065$2,665$1,696$1,053$643$387
38 years$3,914$2,532$1,588$971$583$345
39 years$3,772$2,408$1,488$895$528$308
40 years$3,637$2,291$1,394$826$479$274
41 years$3,508$2,181$1,307$762$435$245
42 years$3,387$2,077$1,226$703$395$218
43 years$3,271$1,979$1,151$649$358$195
44 years$3,160$1,886$1,080$599$325$174
45 years$3,055$1,799$1,014$554$295$155
46 years$2,955$1,716$953$511$268$138
47 years$2,860$1,638$895$472$243$123
48 years$2,768$1,563$841$436$221$110
49 years$2,681$1,493$791$403$201$98
50 years$2,597$1,426$743$373$182$88

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 $2,514 every year, while hoping to spend $53,536 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: 29/46/25 Blend
39$2,660,000$2,660,000$2,660,000$2,660,000
40$2,933,913$2,792,933$2,751,703$2,996,136
41$3,176,210$2,872,825$2,786,923$3,124,824
42$3,441,428$2,954,837$2,821,529$3,258,206
43$3,731,846$3,039,017$2,855,443$3,400,512
44$4,049,979$3,125,413$2,888,585$3,552,549
45$4,398,591$3,214,073$2,920,867$3,715,200
46$4,780,731$3,305,046$2,952,199$3,889,441
47$5,199,753$3,398,381$2,982,486$4,076,342
48$5,659,355$3,494,128$3,011,626$4,277,084
49$6,163,606$3,592,338$3,039,513$4,492,963
50$6,716,992$3,693,061$3,066,034$4,725,408
51$7,324,451$3,796,346$3,091,072$4,975,992
52$7,991,424$3,902,246$3,114,502$5,246,446
53$8,723,905$4,010,812$3,136,193$5,538,676
54$9,528,495$4,122,094$3,156,008$5,854,782
55$10,412,468$4,236,143$3,173,801$6,197,075
56$11,383,836$4,353,010$3,189,420$6,568,102
57$12,451,427$4,472,748$3,202,705$6,970,666
58$13,624,965$4,595,405$3,213,488$7,407,856
59$14,915,164$4,721,032$3,221,592$7,883,076
60$16,333,828$4,849,679$3,226,832$8,400,073
61$17,893,960$4,981,396$3,229,013$8,962,978
62$19,609,890$5,116,230$3,227,931$9,576,340
63$21,497,403$5,254,229$3,223,371$10,245,172
64$23,573,893$5,395,441$3,215,108$10,974,997
65$25,858,522$5,539,910$3,202,907$11,771,900
66$28,372,407$5,687,681$3,186,520$12,642,587
67$31,138,812$5,838,797$3,165,688$13,594,447
68$34,183,372$5,993,299$3,140,139$14,635,623
69$37,534,331$6,151,226$3,109,589$15,775,086
70$41,222,812$6,312,615$3,073,740$17,022,724
71$45,283,107$6,477,502$3,032,278$18,389,432
72$49,753,003$6,645,919$2,984,879$19,887,217
73$54,674,136$6,817,895$2,931,199$21,529,312
74$60,092,383$6,993,457$2,870,879$23,330,299
75$66,058,299$7,172,629$2,803,546$25,306,249
76$72,627,587$7,355,430$2,728,806$27,474,872
77$79,861,630$7,541,875$2,646,251$29,855,685
78$87,828,065$7,731,975$2,555,449$32,470,200
79$96,601,424$7,925,738$2,455,953$35,342,123
80$106,263,834$8,123,165$2,347,293$38,497,581
81$116,905,797$8,324,251$2,228,978$41,965,365
82$128,627,035$8,528,987$2,100,496$45,777,210
83$141,537,440$8,737,355$1,961,310$49,968,089
84$155,758,106$8,949,332$1,810,861$54,576,544
85$171,422,471$9,164,888$1,648,563$59,645,054
86$188,677,578$9,383,982$1,473,805$65,220,434
87$207,685,461$9,606,567$1,285,948$71,354,281
88$228,624,676$9,832,587$1,084,324$78,103,456
89$251,691,982$10,061,973$868,239$85,530,629
90$277,104,203$10,294,648$636,963$93,704,867
91$305,100,269$10,530,523$389,739$102,702,288
92$335,943,474$10,769,496$125,772$112,606,783
93$369,923,959$11,011,453$0$123,510,806
94$407,361,453$11,256,264$0$135,557,846
95$448,608,287$11,503,786$0$148,857,111
96$494,052,721$11,753,860$0$163,499,019
97$544,122,608$12,006,309$0$179,620,215
98$599,289,433$12,260,938$0$197,371,281
99$660,072,764$12,517,532$0$216,918,155
100$727,045,153$12,775,858$0$238,443,698