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%15.7%
1 years$219,660$217,704$215,795$213,932$212,112$207,153
2 years$108,743$106,717$104,755$102,852$101,006$96,037
3 years$71,775$69,741$67,783$65,898$64,082$59,260
4 years$53,295$51,267$49,329$47,476$45,704$41,065
5 years$42,210$40,194$38,281$36,466$34,743$30,301
6 years$34,822$32,821$30,937$29,162$27,491$23,250
7 years$29,547$27,563$25,709$23,976$22,358$18,318
8 years$25,593$23,627$21,803$20,113$18,548$14,708
9 years$22,519$20,571$18,779$17,132$15,620$11,977
10 years$20,061$18,133$16,372$14,768$13,309$9,859
11 years$18,051$16,143$14,414$12,852$11,446$8,185
12 years$16,378$14,489$12,792$11,273$9,919$6,841
13 years$14,963$13,094$11,429$9,952$8,650$5,748
14 years$13,751$11,902$10,269$8,835$7,582$4,852
15 years$12,702$10,872$9,271$7,879$6,676$4,110
16 years$11,785$9,975$8,406$7,055$5,900$3,493
17 years$10,976$9,187$7,649$6,339$5,232$2,975
18 years$10,259$8,489$6,982$5,712$4,652$2,540
19 years$9,617$7,868$6,392$5,162$4,146$2,172
20 years$9,040$7,311$5,866$4,675$3,703$1,861
21 years$8,519$6,810$5,396$4,243$3,314$1,596
22 years$8,046$6,357$4,973$3,858$2,971$1,370
23 years$7,615$5,945$4,592$3,513$2,667$1,178
24 years$7,220$5,570$4,247$3,204$2,397$1,013
25 years$6,858$5,227$3,933$2,926$2,157$872
26 years$6,524$4,913$3,648$2,676$1,943$751
27 years$6,215$4,624$3,387$2,449$1,752$647
28 years$5,929$4,357$3,149$2,244$1,580$557
29 years$5,662$4,110$2,930$2,058$1,427$481
30 years$5,415$3,882$2,730$1,888$1,289$415
31 years$5,183$3,669$2,545$1,734$1,166$358
32 years$4,967$3,472$2,374$1,594$1,055$309
33 years$4,764$3,288$2,217$1,466$954$267
34 years$4,573$3,116$2,071$1,349$864$230
35 years$4,394$2,956$1,937$1,242$783$199
36 years$4,225$2,806$1,812$1,143$709$172
37 years$4,065$2,665$1,696$1,053$643$148
38 years$3,914$2,532$1,588$971$583$128
39 years$3,772$2,408$1,488$895$528$111
40 years$3,637$2,291$1,394$826$479$96
41 years$3,508$2,181$1,307$762$435$83
42 years$3,387$2,077$1,226$703$395$71
43 years$3,271$1,979$1,151$649$358$62
44 years$3,160$1,886$1,080$599$325$53
45 years$3,055$1,799$1,014$554$295$46
46 years$2,955$1,716$953$511$268$40
47 years$2,860$1,638$895$472$243$34
48 years$2,768$1,563$841$436$221$30
49 years$2,681$1,493$791$403$201$26
50 years$2,597$1,426$743$373$182$22

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 $3,657 every year, while hoping to spend $20,007 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: 62/8/30 Blend
39$2,660,000$2,660,000$2,660,000$2,660,000
40$2,935,092$2,794,112$2,752,882$3,093,094
41$3,213,184$2,909,736$2,823,816$3,316,729
42$3,518,971$3,030,356$2,896,456$3,558,351
43$3,855,257$3,156,194$2,970,838$3,821,791
44$4,225,130$3,287,484$3,046,998$4,109,189
45$4,631,994$3,424,472$3,124,974$4,422,904
46$5,079,600$3,567,413$3,204,802$4,765,531
47$5,572,078$3,716,575$3,286,522$5,139,927
48$6,113,981$3,872,239$3,370,172$5,549,239
49$6,710,325$4,034,696$3,455,791$5,996,929
50$7,366,637$4,204,255$3,543,419$6,486,812
51$8,089,007$4,381,236$3,633,096$7,023,089
52$8,884,143$4,565,975$3,724,862$7,610,384
53$9,759,440$4,758,822$3,818,760$8,253,792
54$10,723,045$4,960,146$3,914,830$8,958,922
55$11,783,934$5,170,332$4,013,115$9,731,953
56$12,951,999$5,389,781$4,113,658$10,579,691
57$14,238,138$5,618,916$4,216,501$11,509,630
58$15,654,362$5,858,177$4,321,688$12,530,028
59$17,213,905$6,108,025$4,429,262$13,649,979
60$18,931,349$6,368,945$4,539,268$14,879,500
61$20,822,764$6,641,440$4,651,751$16,229,627
62$22,905,857$6,926,041$4,766,755$17,712,516
63$25,200,139$7,223,302$4,884,326$19,341,559
64$27,727,110$7,533,801$5,004,509$21,131,510
65$30,510,465$7,858,147$5,127,349$23,098,620
66$33,576,310$8,196,974$5,252,893$25,260,796
67$36,953,415$8,550,947$5,381,187$27,637,765
68$40,673,484$8,920,763$5,512,276$30,251,260
69$44,771,450$9,307,152$5,646,208$33,125,225
70$49,285,810$9,710,875$5,783,029$36,286,042
71$54,258,987$10,132,732$5,922,785$39,762,776
72$59,737,728$10,573,560$6,065,522$43,587,452
73$65,773,547$11,034,235$6,211,287$47,795,355
74$72,423,210$11,515,674$6,360,127$52,425,361
75$79,749,273$12,018,837$6,512,087$57,520,304
76$87,820,669$12,544,731$6,667,212$63,127,383
77$96,713,363$13,094,408$6,825,549$69,298,602
78$106,511,063$13,668,971$6,987,142$76,091,260
79$117,306,016$14,269,575$7,152,036$83,568,495
80$129,199,875$14,897,430$7,320,275$91,799,875
81$142,304,660$15,553,802$7,491,902$100,862,058
82$156,743,815$16,240,018$7,666,960$110,839,509
83$172,653,372$16,957,466$7,845,491$121,825,302
84$190,183,237$17,707,603$8,027,536$133,921,992
85$209,498,604$18,491,953$8,213,135$147,242,587
86$230,781,514$19,312,110$8,402,327$161,911,611
87$254,232,573$20,169,748$8,595,150$178,066,280
88$280,072,847$21,066,618$8,791,639$195,857,791
89$308,545,949$22,004,554$8,991,831$215,452,757
90$339,920,336$22,985,477$9,195,757$237,034,769
91$374,491,845$24,011,400$9,403,450$260,806,134
92$412,586,487$25,084,432$9,614,939$286,989,782
93$454,563,521$26,206,782$9,830,252$315,831,368
94$500,818,849$27,380,763$10,049,414$347,601,590
95$551,788,750$28,608,799$10,272,448$382,598,742
96$607,954,003$29,893,430$10,499,375$421,151,530
97$669,844,419$31,237,316$10,730,212$463,622,173
98$738,043,850$32,643,245$10,964,974$510,409,819
99$813,195,694$34,114,136$11,203,673$561,954,315
100$896,008,975$35,653,048$11,446,316$618,740,351