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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.4%
1 years$221,312$219,341$217,417$215,540$213,707$210,687
2 years$109,560$107,520$105,542$103,625$101,765$98,729
3 years$72,315$70,265$68,293$66,394$64,564$61,605
4 years$53,696$51,653$49,700$47,833$46,048$43,189
5 years$42,527$40,496$38,569$36,740$35,005$32,255
6 years$35,084$33,068$31,170$29,381$27,698$25,060
7 years$29,769$27,771$25,902$24,156$22,526$20,001
8 years$25,785$23,805$21,967$20,264$18,687$16,275
9 years$22,688$20,726$18,920$17,260$15,737$13,437
10 years$20,212$18,269$16,495$14,879$13,409$11,218
11 years$18,187$16,264$14,522$12,949$11,532$9,449
12 years$16,501$14,598$12,888$11,358$9,994$8,015
13 years$15,075$13,192$11,514$10,027$8,715$6,839
14 years$13,855$11,991$10,346$8,901$7,639$5,863
15 years$12,797$10,954$9,341$7,938$6,726$5,046
16 years$11,873$10,050$8,469$7,108$5,945$4,358
17 years$11,059$9,256$7,706$6,386$5,271$3,774
18 years$10,336$8,553$7,035$5,755$4,687$3,276
19 years$9,689$7,927$6,440$5,200$4,177$2,850
20 years$9,108$7,366$5,910$4,710$3,731$2,484
21 years$8,584$6,861$5,436$4,275$3,339$2,168
22 years$8,107$6,404$5,011$3,887$2,993$1,894
23 years$7,672$5,990$4,626$3,540$2,687$1,657
24 years$7,275$5,612$4,279$3,228$2,415$1,451
25 years$6,909$5,267$3,963$2,948$2,173$1,272
26 years$6,573$4,950$3,675$2,696$1,957$1,116
27 years$6,262$4,658$3,413$2,468$1,765$979
28 years$5,973$4,390$3,173$2,261$1,592$860
29 years$5,705$4,141$2,952$2,073$1,438$756
30 years$5,455$3,911$2,750$1,903$1,299$664
31 years$5,222$3,697$2,564$1,747$1,175$584
32 years$5,004$3,498$2,392$1,606$1,062$514
33 years$4,799$3,313$2,234$1,477$962$452
34 years$4,607$3,140$2,087$1,359$871$398
35 years$4,427$2,978$1,951$1,251$789$350
36 years$4,256$2,827$1,825$1,152$714$309
37 years$4,096$2,685$1,708$1,061$648$272
38 years$3,944$2,551$1,600$978$587$239
39 years$3,800$2,426$1,499$902$532$211
40 years$3,664$2,308$1,405$832$483$186
41 years$3,535$2,197$1,317$768$438$164
42 years$3,412$2,093$1,236$708$397$144
43 years$3,295$1,994$1,160$654$361$127
44 years$3,184$1,900$1,088$604$327$112
45 years$3,078$1,812$1,022$558$297$99
46 years$2,977$1,729$960$515$270$87
47 years$2,881$1,650$902$476$245$77
48 years$2,789$1,575$847$440$223$68
49 years$2,701$1,504$797$406$202$60
50 years$2,617$1,437$749$376$184$53

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 $4,937 every year, while hoping to spend $29,447 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: 70/6/24 Blend
39$2,680,000$2,680,000$2,680,000$2,680,000
40$2,958,453$2,816,413$2,774,873$3,147,275
41$3,228,883$2,923,085$2,836,499$3,380,886
42$3,525,911$3,033,998$2,899,204$3,632,629
43$3,852,218$3,149,328$2,962,991$3,907,506
44$4,210,757$3,269,258$3,027,865$4,207,810
45$4,604,785$3,393,982$3,093,828$4,536,064
46$5,037,886$3,523,701$3,160,885$4,895,047
47$5,514,011$3,658,623$3,229,035$5,287,821
48$6,037,512$3,798,967$3,298,279$5,717,756
49$6,613,184$3,944,962$3,368,617$6,188,566
50$7,246,309$4,096,846$3,440,047$6,704,340
51$7,942,709$4,254,867$3,512,564$7,269,583
52$8,708,796$4,419,286$3,586,165$7,889,258
53$9,551,635$4,590,373$3,660,844$8,568,830
54$10,479,012$4,768,411$3,736,592$9,314,320
55$11,499,504$4,953,696$3,813,401$10,132,363
56$12,622,563$5,146,537$3,891,260$11,030,266
57$13,858,602$5,347,255$3,970,155$12,016,078
58$15,219,096$5,556,188$4,050,072$13,098,670
59$16,716,689$5,773,686$4,130,994$14,287,812
60$18,365,311$6,000,116$4,212,902$15,594,269
61$20,180,314$6,235,863$4,295,775$17,029,903
62$22,178,611$6,481,326$4,379,589$18,607,779
63$24,378,842$6,736,923$4,464,318$20,342,297
64$26,801,544$7,003,093$4,549,933$22,249,319
65$29,469,348$7,280,290$4,636,402$24,346,323
66$32,407,190$7,568,993$4,723,690$26,652,567
67$35,642,549$7,869,699$4,811,759$29,189,271
68$39,205,704$8,182,929$4,900,568$31,979,813
69$43,130,020$8,509,228$4,990,072$35,049,957
70$47,452,265$8,849,163$5,080,222$38,428,087
71$52,212,953$9,203,329$5,170,966$42,145,481
72$57,456,729$9,572,346$5,262,248$46,236,603
73$63,232,788$9,956,864$5,354,006$50,739,429
74$69,595,343$10,357,561$5,446,176$55,695,805
75$76,604,132$10,775,145$5,538,687$61,151,840
76$84,324,985$11,210,359$5,631,464$67,158,344
77$92,830,442$11,663,975$5,724,427$73,771,303
78$102,200,441$12,136,804$5,817,490$81,052,413
79$112,523,072$12,629,693$5,910,561$89,069,654
80$123,895,403$13,143,526$6,003,543$97,897,938
81$136,424,404$13,679,229$6,096,332$107,619,815
82$150,227,951$14,237,769$6,188,817$118,326,246
83$165,435,940$14,820,157$6,280,880$130,117,469
84$182,191,513$15,427,452$6,372,396$143,103,940
85$200,652,409$16,060,759$6,463,233$157,407,376
86$220,992,453$16,721,235$6,553,250$173,161,902
87$243,403,198$17,410,089$6,642,298$190,515,323
88$268,095,727$18,128,587$6,730,218$209,630,509
89$295,302,655$18,878,052$6,816,845$230,686,940
90$325,280,317$19,659,867$6,901,999$253,882,398
91$358,311,188$20,475,479$6,985,496$279,434,829
92$394,706,556$21,326,404$7,067,136$307,584,406
93$434,809,451$22,214,224$7,146,711$338,595,792
94$478,997,890$23,140,597$7,224,002$372,760,639
95$527,688,443$24,107,254$7,298,774$410,400,340
96$581,340,165$25,116,011$7,370,784$451,869,065
97$640,458,929$26,168,762$7,439,772$497,557,099
98$705,602,202$27,267,494$7,505,467$547,894,531
99$777,384,307$28,414,281$7,567,580$603,355,308
100$856,482,224$29,611,298$7,625,811$664,461,716