Can I retire at age 40 with 2,680,000?

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 $2,680,000?

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$221,312$219,341$217,417$215,540$213,707$212,094
2 years$109,560$107,520$105,542$103,625$101,765$100,139
3 years$72,315$70,265$68,293$66,394$64,564$62,975
4 years$53,696$51,653$49,700$47,833$46,048$44,508
5 years$42,527$40,496$38,569$36,740$35,005$33,519
6 years$35,084$33,068$31,170$29,381$27,698$26,268
7 years$29,769$27,771$25,902$24,156$22,526$21,152
8 years$25,785$23,805$21,967$20,264$18,687$17,370
9 years$22,688$20,726$18,920$17,260$15,737$14,476
10 years$20,212$18,269$16,495$14,879$13,409$12,203
11 years$18,187$16,264$14,522$12,949$11,532$10,381
12 years$16,501$14,598$12,888$11,358$9,994$8,896
13 years$15,075$13,192$11,514$10,027$8,715$7,669
14 years$13,855$11,991$10,346$8,901$7,639$6,645
15 years$12,797$10,954$9,341$7,938$6,726$5,782
16 years$11,873$10,050$8,469$7,108$5,945$5,048
17 years$11,059$9,256$7,706$6,386$5,271$4,421
18 years$10,336$8,553$7,035$5,755$4,687$3,882
19 years$9,689$7,927$6,440$5,200$4,177$3,417
20 years$9,108$7,366$5,910$4,710$3,731$3,013
21 years$8,584$6,861$5,436$4,275$3,339$2,661
22 years$8,107$6,404$5,011$3,887$2,993$2,354
23 years$7,672$5,990$4,626$3,540$2,687$2,084
24 years$7,275$5,612$4,279$3,228$2,415$1,848
25 years$6,909$5,267$3,963$2,948$2,173$1,640
26 years$6,573$4,950$3,675$2,696$1,957$1,457
27 years$6,262$4,658$3,413$2,468$1,765$1,295
28 years$5,973$4,390$3,173$2,261$1,592$1,152
29 years$5,705$4,141$2,952$2,073$1,438$1,026
30 years$5,455$3,911$2,750$1,903$1,299$914
31 years$5,222$3,697$2,564$1,747$1,175$814
32 years$5,004$3,498$2,392$1,606$1,062$726
33 years$4,799$3,313$2,234$1,477$962$647
34 years$4,607$3,140$2,087$1,359$871$577
35 years$4,427$2,978$1,951$1,251$789$515
36 years$4,256$2,827$1,825$1,152$714$460
37 years$4,096$2,685$1,708$1,061$648$410
38 years$3,944$2,551$1,600$978$587$366
39 years$3,800$2,426$1,499$902$532$327
40 years$3,664$2,308$1,405$832$483$292
41 years$3,535$2,197$1,317$768$438$261
42 years$3,412$2,093$1,236$708$397$233
43 years$3,295$1,994$1,160$654$361$208
44 years$3,184$1,900$1,088$604$327$186
45 years$3,078$1,812$1,022$558$297$166
46 years$2,977$1,729$960$515$270$149
47 years$2,881$1,650$902$476$245$133
48 years$2,789$1,575$847$440$223$119
49 years$2,701$1,504$797$406$202$106
50 years$2,617$1,437$749$376$184$95

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,680,000, adding $3,966 every year, while hoping to spend $20,680 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: 37/43/20 Blend
39$2,680,000$2,680,000$2,680,000$2,680,000
40$2,957,451$2,815,411$2,773,871$3,048,910
41$3,237,108$2,931,363$2,844,792$3,231,608
42$3,544,596$3,052,303$2,917,396$3,426,589
43$3,882,733$3,178,454$2,991,718$3,636,773
44$4,254,623$3,310,050$3,067,791$3,863,539
45$4,663,685$3,447,333$3,145,653$4,108,398
46$5,113,687$3,590,558$3,225,338$4,373,008
47$5,608,780$3,739,992$3,306,883$4,659,191
48$6,153,537$3,895,913$3,390,325$4,968,944
49$6,752,998$4,058,613$3,475,702$5,304,461
50$7,412,716$4,228,397$3,563,050$5,668,152
51$8,138,809$4,405,584$3,652,408$6,062,663
52$8,938,018$4,590,509$3,743,814$6,490,902
53$9,817,772$4,783,519$3,837,308$6,956,063
54$10,786,254$4,984,982$3,932,928$7,461,657
55$11,852,485$5,195,279$4,030,714$8,011,541
56$13,026,402$5,414,811$4,130,706$8,609,956
57$14,318,954$5,643,996$4,232,944$9,261,565
58$15,742,208$5,883,272$4,337,468$9,971,493
59$17,309,460$6,133,099$4,444,320$10,745,376
60$19,035,360$6,393,957$4,553,540$11,589,415
61$20,936,053$6,666,346$4,665,169$12,510,426
62$23,029,327$6,950,794$4,779,249$13,515,908
63$25,334,786$7,247,851$4,895,822$14,614,112
64$27,874,031$7,558,092$5,014,928$15,814,113
65$30,670,864$7,882,120$5,136,610$17,125,898
66$33,751,515$8,220,567$5,260,910$18,560,454
67$37,144,887$8,574,093$5,387,868$20,129,873
68$40,882,831$8,943,389$5,517,527$21,847,463
69$45,000,444$9,329,179$5,649,929$23,727,869
70$49,536,402$9,732,221$5,785,114$25,787,212
71$54,533,324$10,153,309$5,923,124$28,043,235
72$60,038,175$10,593,273$6,064,000$30,515,472
73$66,102,707$11,052,981$6,207,782$33,225,423
74$72,783,952$11,533,346$6,354,512$36,196,764
75$80,144,755$12,035,320$6,504,228$39,455,556
76$88,254,370$12,559,901$6,656,970$43,030,495
77$97,189,114$13,108,134$6,812,776$46,953,179
78$107,033,085$13,681,114$6,971,686$51,258,399
79$117,878,957$14,279,987$7,133,735$55,984,467
80$129,828,856$14,905,951$7,298,961$61,173,572
81$142,995,322$15,560,265$7,467,398$66,872,176
82$157,502,370$16,244,244$7,639,081$73,131,446
83$173,486,666$16,959,265$7,814,044$80,007,735
84$191,098,809$17,706,773$7,992,319$87,563,105
85$210,504,762$18,488,279$8,173,935$95,865,914
86$231,887,408$19,305,366$8,358,923$104,991,452
87$255,448,286$20,159,691$8,547,309$115,022,648
88$281,409,487$21,052,992$8,739,120$126,050,846
89$310,015,754$21,987,087$8,934,379$138,176,662
90$341,536,787$22,963,881$9,133,107$151,510,929
91$376,269,799$23,985,370$9,335,325$166,175,736
92$414,542,309$25,053,644$9,541,050$182,305,574
93$456,715,245$26,170,893$9,750,295$200,048,596
94$503,186,343$27,339,410$9,963,074$219,568,014
95$554,393,907$28,561,598$10,179,394$241,043,626
96$610,820,943$29,839,974$10,399,261$264,673,512
97$672,999,721$31,177,174$10,622,677$290,675,888
98$741,516,798$32,575,961$10,849,642$319,291,163
99$817,018,556$34,039,228$11,080,150$350,784,198
100$900,217,306$35,570,007$11,314,192$385,446,795