Can I retire at age 40 with 2,670,000?

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 $2,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$220,486$218,522$216,606$214,736$212,910$208,440
2 years$109,152$107,119$105,149$103,238$101,385$96,904
3 years$72,045$70,003$68,038$66,146$64,323$59,969
4 years$53,495$51,460$49,514$47,654$45,876$41,683
5 years$42,368$40,345$38,425$36,603$34,874$30,854
6 years$34,953$32,945$31,053$29,272$27,595$23,752
7 years$29,658$27,667$25,805$24,066$22,442$18,777
8 years$25,689$23,716$21,885$20,188$18,618$15,129
9 years$22,603$20,649$18,850$17,196$15,679$12,365
10 years$20,136$18,201$16,433$14,823$13,359$10,216
11 years$18,119$16,203$14,468$12,901$11,489$8,513
12 years$16,439$14,543$12,840$11,316$9,956$7,143
13 years$15,019$13,143$11,471$9,990$8,682$6,026
14 years$13,803$11,946$10,307$8,868$7,611$5,108
15 years$12,750$10,913$9,306$7,909$6,701$4,345
16 years$11,829$10,013$8,437$7,081$5,922$3,708
17 years$11,018$9,221$7,678$6,362$5,251$3,172
18 years$10,297$8,521$7,009$5,734$4,669$2,720
19 years$9,653$7,897$6,416$5,181$4,162$2,337
20 years$9,074$7,338$5,888$4,692$3,717$2,011
21 years$8,552$6,835$5,416$4,259$3,327$1,732
22 years$8,077$6,381$4,992$3,872$2,982$1,494
23 years$7,644$5,968$4,609$3,526$2,677$1,290
24 years$7,248$5,591$4,263$3,216$2,406$1,115
25 years$6,884$5,247$3,948$2,937$2,165$964
26 years$6,548$4,931$3,662$2,686$1,950$834
27 years$6,238$4,641$3,400$2,458$1,758$722
28 years$5,951$4,373$3,161$2,252$1,586$626
29 years$5,684$4,126$2,941$2,065$1,432$542
30 years$5,435$3,896$2,740$1,896$1,294$470
31 years$5,203$3,683$2,554$1,741$1,170$408
32 years$4,985$3,485$2,383$1,600$1,059$354
33 years$4,782$3,300$2,225$1,471$958$307
34 years$4,590$3,128$2,079$1,354$867$266
35 years$4,410$2,967$1,944$1,246$786$231
36 years$4,241$2,816$1,818$1,148$712$200
37 years$4,080$2,675$1,702$1,057$645$174
38 years$3,929$2,542$1,594$975$585$151
39 years$3,786$2,417$1,493$899$530$131
40 years$3,650$2,300$1,400$829$481$114
41 years$3,522$2,189$1,312$765$436$99
42 years$3,399$2,085$1,231$706$396$86
43 years$3,283$1,986$1,155$652$359$75
44 years$3,172$1,893$1,084$602$326$65
45 years$3,067$1,806$1,018$556$296$56
46 years$2,966$1,722$956$513$269$49
47 years$2,870$1,644$898$474$244$42
48 years$2,779$1,569$844$438$222$37
49 years$2,691$1,498$794$405$201$32
50 years$2,607$1,431$746$374$183$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,670,000, adding $6,988 every year, while hoping to spend $26,417 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: 55/27/18 Blend
39$2,670,000$2,670,000$2,670,000$2,670,000
40$2,949,548$2,808,038$2,766,653$3,097,179
41$3,222,295$2,917,525$2,831,229$3,308,175
42$3,521,976$3,031,490$2,897,082$3,534,408
43$3,851,311$3,150,127$2,964,228$3,780,179
44$4,213,297$3,273,635$3,032,681$4,047,365
45$4,611,233$3,402,223$3,102,456$4,338,028
46$5,048,757$3,536,110$3,173,566$4,654,436
47$5,529,874$3,675,523$3,246,025$4,999,084
48$6,058,998$3,820,702$3,319,844$5,374,718
49$6,640,993$3,971,893$3,395,036$5,784,359
50$7,281,217$4,129,359$3,471,612$6,231,328
51$7,985,573$4,293,369$3,549,583$6,719,284
52$8,760,567$4,464,209$3,628,959$7,252,252
53$9,613,364$4,642,175$3,709,749$7,834,661
54$10,551,862$4,827,577$3,791,960$8,471,387
55$11,584,762$5,020,738$3,875,601$9,167,796
56$12,721,651$5,221,997$3,960,677$9,929,796
57$13,973,092$5,431,708$4,047,193$10,763,892
58$15,350,727$5,650,240$4,135,152$11,677,244
59$16,867,380$5,877,981$4,224,559$12,677,736
60$18,537,184$6,115,334$4,315,413$13,774,048
61$20,375,712$6,362,721$4,407,715$14,975,738
62$22,400,124$6,620,583$4,501,463$16,293,333
63$24,629,328$6,889,383$4,596,653$17,738,421
64$27,084,158$7,169,602$4,693,280$19,323,768
65$29,787,575$7,461,745$4,791,337$21,063,431
66$32,764,876$7,766,339$4,890,816$22,972,890
67$36,043,940$8,083,936$4,991,704$25,069,196
68$39,655,485$8,415,112$5,093,990$27,371,130
69$43,633,362$8,760,470$5,197,656$29,899,376
70$48,014,873$9,120,641$5,302,685$32,676,719
71$52,841,121$9,496,283$5,409,056$35,728,253
72$58,157,402$9,888,088$5,516,746$39,081,624
73$64,013,627$10,296,774$5,625,728$42,767,283
74$70,464,799$10,723,098$5,735,971$46,818,775
75$77,571,527$11,167,848$5,847,445$51,273,052
76$85,400,599$11,631,850$5,960,111$56,170,823
77$94,025,615$12,115,965$6,073,930$61,556,933
78$103,527,679$12,621,099$6,188,857$67,480,786
79$113,996,164$13,148,194$6,304,846$73,996,812
80$125,529,558$13,698,240$6,421,843$81,164,973
81$138,236,389$14,272,271$6,539,791$89,051,332
82$152,236,257$14,871,368$6,658,630$97,728,672
83$167,660,953$15,496,663$6,778,292$107,277,181
84$184,655,710$16,149,340$6,898,705$117,785,207
85$203,380,574$16,830,638$7,019,792$129,350,090
86$224,011,907$17,541,855$7,141,471$142,079,077
87$246,744,063$18,284,346$7,263,651$156,090,330
88$271,791,210$19,059,532$7,386,236$171,514,045
89$299,389,363$19,868,899$7,509,124$188,493,670
90$329,798,604$20,714,001$7,632,206$207,187,262
91$363,305,541$21,596,467$7,755,365$227,768,973
92$400,226,011$22,517,998$7,878,474$250,430,692
93$440,908,064$23,480,379$8,001,402$275,383,852
94$485,735,244$24,485,475$8,124,007$302,861,422
95$535,130,215$25,535,240$8,246,137$333,120,104
96$589,558,747$26,631,717$8,367,633$366,442,750
97$649,534,115$27,777,047$8,488,324$403,141,032
98$715,621,942$28,973,470$8,608,031$443,558,375
99$788,445,541$30,223,331$8,726,561$488,073,198
100$868,691,797$31,529,085$8,843,712$537,102,479