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%11.8%
1 years$220,486$218,522$216,606$214,736$212,910$211,302
2 years$109,152$107,119$105,149$103,238$101,385$99,765
3 years$72,045$70,003$68,038$66,146$64,323$62,740
4 years$53,495$51,460$49,514$47,654$45,876$44,341
5 years$42,368$40,345$38,425$36,603$34,874$33,393
6 years$34,953$32,945$31,053$29,272$27,595$26,170
7 years$29,658$27,667$25,805$24,066$22,442$21,073
8 years$25,689$23,716$21,885$20,188$18,618$17,305
9 years$22,603$20,649$18,850$17,196$15,679$14,422
10 years$20,136$18,201$16,433$14,823$13,359$12,158
11 years$18,119$16,203$14,468$12,901$11,489$10,342
12 years$16,439$14,543$12,840$11,316$9,956$8,863
13 years$15,019$13,143$11,471$9,990$8,682$7,641
14 years$13,803$11,946$10,307$8,868$7,611$6,620
15 years$12,750$10,913$9,306$7,909$6,701$5,760
16 years$11,829$10,013$8,437$7,081$5,922$5,029
17 years$11,018$9,221$7,678$6,362$5,251$4,405
18 years$10,297$8,521$7,009$5,734$4,669$3,868
19 years$9,653$7,897$6,416$5,181$4,162$3,404
20 years$9,074$7,338$5,888$4,692$3,717$3,001
21 years$8,552$6,835$5,416$4,259$3,327$2,651
22 years$8,077$6,381$4,992$3,872$2,982$2,345
23 years$7,644$5,968$4,609$3,526$2,677$2,077
24 years$7,248$5,591$4,263$3,216$2,406$1,841
25 years$6,884$5,247$3,948$2,937$2,165$1,634
26 years$6,548$4,931$3,662$2,686$1,950$1,452
27 years$6,238$4,641$3,400$2,458$1,758$1,291
28 years$5,951$4,373$3,161$2,252$1,586$1,148
29 years$5,684$4,126$2,941$2,065$1,432$1,022
30 years$5,435$3,896$2,740$1,896$1,294$910
31 years$5,203$3,683$2,554$1,741$1,170$811
32 years$4,985$3,485$2,383$1,600$1,059$723
33 years$4,782$3,300$2,225$1,471$958$645
34 years$4,590$3,128$2,079$1,354$867$575
35 years$4,410$2,967$1,944$1,246$786$513
36 years$4,241$2,816$1,818$1,148$712$458
37 years$4,080$2,675$1,702$1,057$645$409
38 years$3,929$2,542$1,594$975$585$365
39 years$3,786$2,417$1,493$899$530$326
40 years$3,650$2,300$1,400$829$481$291
41 years$3,522$2,189$1,312$765$436$260
42 years$3,399$2,085$1,231$706$396$232
43 years$3,283$1,986$1,155$652$359$208
44 years$3,172$1,893$1,084$602$326$186
45 years$3,067$1,806$1,018$556$296$166
46 years$2,966$1,722$956$513$269$148
47 years$2,870$1,644$898$474$244$133
48 years$2,779$1,569$844$438$222$118
49 years$2,691$1,498$794$405$201$106
50 years$2,607$1,431$746$374$183$95

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 $2,283 every year, while hoping to spend $57,211 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: 54/31/15 Blend
39$2,670,000$2,670,000$2,670,000$2,670,000
40$2,944,695$2,803,185$2,761,800$3,091,867
41$3,184,182$2,879,669$2,793,448$3,268,920
42$3,446,179$2,957,983$2,824,239$3,455,214
43$3,732,922$3,038,157$2,854,084$3,656,696
44$4,046,872$3,120,219$2,882,888$3,874,827
45$4,390,741$3,204,198$2,910,553$4,111,212
46$4,767,514$3,290,121$2,936,973$4,367,623
47$5,180,478$3,378,015$2,962,040$4,646,007
48$5,633,256$3,467,906$2,985,637$4,948,509
49$6,129,834$3,559,820$3,007,642$5,277,493
50$6,674,606$3,653,779$3,027,927$5,635,560
51$7,272,409$3,749,808$3,046,356$6,025,577
52$7,928,574$3,847,928$3,062,788$6,450,699
53$8,648,971$3,948,159$3,077,074$6,914,404
54$9,440,066$4,050,519$3,089,056$7,420,523
55$10,308,983$4,155,024$3,098,570$7,973,273
56$11,263,570$4,261,691$3,105,442$8,577,304
57$12,312,471$4,370,531$3,109,491$9,237,735
58$13,465,210$4,481,555$3,110,527$9,960,209
59$14,732,281$4,594,770$3,108,349$10,750,941
60$16,125,241$4,710,181$3,102,746$11,616,778
61$17,656,827$4,827,792$3,093,500$12,565,267
62$19,341,070$4,947,600$3,080,378$13,604,720
63$21,193,427$5,069,600$3,063,139$14,744,299
64$23,230,931$5,193,785$3,041,529$15,994,096
65$25,472,348$5,320,142$3,015,281$17,365,234
66$27,938,353$5,448,654$2,984,118$18,869,968
67$30,651,726$5,579,300$2,947,748$20,521,802
68$33,637,569$5,712,053$2,905,865$22,335,618
69$36,923,538$5,846,880$2,858,148$24,327,813
70$40,540,107$5,983,745$2,804,264$26,516,458
71$44,520,852$6,122,603$2,743,861$28,921,466
72$48,902,771$6,263,402$2,676,572$31,564,780
73$53,726,631$6,406,086$2,602,015$34,470,581
74$59,037,351$6,550,589$2,519,786$37,665,518
75$64,884,429$6,696,836$2,429,467$41,178,955
76$71,322,405$6,844,745$2,330,619$45,043,255
77$78,411,377$6,994,224$2,222,781$49,294,079
78$86,217,568$7,145,172$2,105,475$53,970,729
79$94,813,950$7,297,475$1,978,198$59,116,516
80$104,280,932$7,451,010$1,840,426$64,779,166
81$114,707,118$7,605,641$1,691,612$71,011,280
82$126,190,146$7,761,219$1,531,182$77,870,821
83$138,837,604$7,917,581$1,358,540$85,421,669
84$152,768,048$8,074,552$1,173,060$93,734,220
85$168,112,122$8,231,938$974,091$102,886,054
86$185,013,786$8,389,530$760,950$112,962,667
87$203,631,678$8,547,103$532,927$124,058,277
88$224,140,609$8,704,411$289,280$136,276,716
89$246,733,213$8,861,189$29,234$149,732,413
90$271,621,767$9,017,154$0$164,551,470
91$299,040,189$9,171,996$0$180,912,594
92$329,246,249$9,325,384$0$198,936,777
93$362,524,002$9,476,964$0$218,788,251
94$399,186,468$9,626,352$0$240,653,163
95$439,578,582$9,773,138$0$264,736,645
96$484,080,458$9,916,883$0$291,264,749
97$533,110,968$10,057,113$0$320,486,585
98$587,131,701$10,193,326$0$352,676,670
99$646,651,316$10,324,980$0$388,137,519
100$712,230,345$10,451,500$0$427,202,507