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%19.7%
1 years$219,660$217,704$215,795$213,932$212,112$203,857
2 years$108,743$106,717$104,755$102,852$101,006$92,789
3 years$71,775$69,741$67,783$65,898$64,082$56,162
4 years$53,295$51,267$49,329$47,476$45,704$38,141
5 years$42,210$40,194$38,281$36,466$34,743$27,556
6 years$34,822$32,821$30,937$29,162$27,491$20,685
7 years$29,547$27,563$25,709$23,976$22,358$15,931
8 years$25,593$23,627$21,803$20,113$18,548$12,493
9 years$22,519$20,571$18,779$17,132$15,620$9,929
10 years$20,061$18,133$16,372$14,768$13,309$7,970
11 years$18,051$16,143$14,414$12,852$11,446$6,448
12 years$16,378$14,489$12,792$11,273$9,919$5,248
13 years$14,963$13,094$11,429$9,952$8,650$4,292
14 years$13,751$11,902$10,269$8,835$7,582$3,524
15 years$12,702$10,872$9,271$7,879$6,676$2,902
16 years$11,785$9,975$8,406$7,055$5,900$2,396
17 years$10,976$9,187$7,649$6,339$5,232$1,982
18 years$10,259$8,489$6,982$5,712$4,652$1,643
19 years$9,617$7,868$6,392$5,162$4,146$1,363
20 years$9,040$7,311$5,866$4,675$3,703$1,132
21 years$8,519$6,810$5,396$4,243$3,314$942
22 years$8,046$6,357$4,973$3,858$2,971$784
23 years$7,615$5,945$4,592$3,513$2,667$653
24 years$7,220$5,570$4,247$3,204$2,397$544
25 years$6,858$5,227$3,933$2,926$2,157$453
26 years$6,524$4,913$3,648$2,676$1,943$378
27 years$6,215$4,624$3,387$2,449$1,752$315
28 years$5,929$4,357$3,149$2,244$1,580$263
29 years$5,662$4,110$2,930$2,058$1,427$219
30 years$5,415$3,882$2,730$1,888$1,289$183
31 years$5,183$3,669$2,545$1,734$1,166$153
32 years$4,967$3,472$2,374$1,594$1,055$128
33 years$4,764$3,288$2,217$1,466$954$107
34 years$4,573$3,116$2,071$1,349$864$89
35 years$4,394$2,956$1,937$1,242$783$74
36 years$4,225$2,806$1,812$1,143$709$62
37 years$4,065$2,665$1,696$1,053$643$52
38 years$3,914$2,532$1,588$971$583$43
39 years$3,772$2,408$1,488$895$528$36
40 years$3,637$2,291$1,394$826$479$30
41 years$3,508$2,181$1,307$762$435$25
42 years$3,387$2,077$1,226$703$395$21
43 years$3,271$1,979$1,151$649$358$18
44 years$3,160$1,886$1,080$599$325$15
45 years$3,055$1,799$1,014$554$295$12
46 years$2,955$1,716$953$511$268$10
47 years$2,860$1,638$895$472$243$9
48 years$2,768$1,563$841$436$221$7
49 years$2,681$1,493$791$403$201$6
50 years$2,597$1,426$743$373$182$5

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 $6,515 every year, while hoping to spend $37,547 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: 61/15/24 Blend
39$2,660,000$2,660,000$2,660,000$2,660,000
40$2,938,040$2,797,060$2,755,830$3,098,161
41$3,197,771$2,894,166$2,808,201$3,304,649
42$3,482,735$2,994,772$2,861,067$3,525,249
43$3,795,468$3,099,010$2,914,407$3,765,207
44$4,138,760$3,207,017$2,968,194$4,026,415
45$4,515,688$3,318,934$3,022,403$4,310,957
46$4,929,637$3,434,911$3,077,002$4,621,124
47$5,384,340$3,555,101$3,131,962$4,959,442
48$5,883,906$3,679,665$3,187,246$5,328,691
49$6,432,865$3,808,769$3,242,819$5,731,933
50$7,036,204$3,942,586$3,298,641$6,172,537
51$7,699,421$4,081,297$3,354,669$6,654,217
52$8,428,570$4,225,088$3,410,859$7,181,061
53$9,230,322$4,374,155$3,467,160$7,757,573
54$10,112,027$4,528,701$3,523,522$8,388,712
55$11,081,782$4,688,936$3,579,889$9,079,942
56$12,148,510$4,855,080$3,636,201$9,837,279
57$13,322,041$5,027,361$3,692,396$10,667,352
58$14,613,204$5,206,017$3,748,407$11,577,463
59$16,033,934$5,391,295$3,804,162$12,575,654
60$17,597,379$5,583,452$3,859,585$13,670,787
61$19,318,028$5,782,757$3,914,597$14,872,623
62$21,211,842$5,989,488$3,969,111$16,191,915
63$23,296,412$6,203,934$4,023,038$17,640,511
64$25,591,118$6,426,399$4,076,282$19,231,463
65$28,117,316$6,657,197$4,128,742$20,979,152
66$30,898,537$6,896,655$4,180,309$22,899,419
67$33,960,710$7,145,113$4,230,872$25,009,722
68$37,332,407$7,402,928$4,280,311$27,329,292
69$41,045,109$7,670,468$4,328,498$29,879,320
70$45,133,508$7,948,118$4,375,300$32,683,154
71$49,635,830$8,236,281$4,420,577$35,766,518
72$54,594,198$8,535,372$4,464,180$39,157,757
73$60,055,028$8,845,827$4,505,952$42,888,103
74$66,069,469$9,168,100$4,545,729$46,991,969
75$72,693,880$9,502,662$4,583,336$51,507,274
76$79,990,368$9,850,006$4,618,591$56,475,799
77$88,027,373$10,210,643$4,651,301$61,943,583
78$96,880,309$10,585,108$4,681,263$67,961,356
79$106,632,279$10,973,958$4,708,264$74,585,016
80$117,374,861$11,377,772$4,732,081$81,876,160
81$129,208,969$11,797,154$4,752,477$89,902,660
82$142,245,804$12,232,735$4,769,206$98,739,307
83$156,607,909$12,685,171$4,782,006$108,468,515
84$172,430,318$13,155,148$4,790,607$119,181,099
85$189,861,839$13,643,378$4,794,720$130,977,129
86$209,066,448$14,150,605$4,794,045$143,966,879
87$230,224,847$14,677,606$4,788,266$158,271,862
88$253,536,161$15,225,189$4,777,053$174,025,981
89$279,219,824$15,794,197$4,760,059$191,376,791
90$307,517,644$16,385,510$4,736,918$210,486,887
91$338,696,089$17,000,046$4,707,251$231,535,447
92$373,048,803$17,638,761$4,670,656$254,719,913
93$410,899,373$18,302,653$4,626,716$280,257,863
94$452,604,389$18,992,763$4,574,991$308,389,058
95$498,556,805$19,710,176$4,515,021$339,377,706
96$549,189,650$20,456,026$4,446,325$373,514,959
97$604,980,117$21,231,494$4,368,400$411,121,656
98$666,454,065$22,037,814$4,280,718$452,551,354
99$734,190,985$22,876,271$4,182,726$498,193,663
100$808,829,466$23,748,209$4,073,848$548,477,926