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%12.9%
1 years$221,312$219,341$217,417$215,540$213,707$211,124
2 years$109,560$107,520$105,542$103,625$101,765$99,166
3 years$72,315$70,265$68,293$66,394$64,564$62,029
4 years$53,696$51,653$49,700$47,833$46,048$43,596
5 years$42,527$40,496$38,569$36,740$35,005$32,644
6 years$35,084$33,068$31,170$29,381$27,698$25,431
7 years$29,769$27,771$25,902$24,156$22,526$20,354
8 years$25,785$23,805$21,967$20,264$18,687$16,610
9 years$22,688$20,726$18,920$17,260$15,737$13,754
10 years$20,212$18,269$16,495$14,879$13,409$11,518
11 years$18,187$16,264$14,522$12,949$11,532$9,731
12 years$16,501$14,598$12,888$11,358$9,994$8,281
13 years$15,075$13,192$11,514$10,027$8,715$7,089
14 years$13,855$11,991$10,346$8,901$7,639$6,098
15 years$12,797$10,954$9,341$7,938$6,726$5,266
16 years$11,873$10,050$8,469$7,108$5,945$4,564
17 years$11,059$9,256$7,706$6,386$5,271$3,966
18 years$10,336$8,553$7,035$5,755$4,687$3,456
19 years$9,689$7,927$6,440$5,200$4,177$3,017
20 years$9,108$7,366$5,910$4,710$3,731$2,639
21 years$8,584$6,861$5,436$4,275$3,339$2,312
22 years$8,107$6,404$5,011$3,887$2,993$2,028
23 years$7,672$5,990$4,626$3,540$2,687$1,781
24 years$7,275$5,612$4,279$3,228$2,415$1,566
25 years$6,909$5,267$3,963$2,948$2,173$1,378
26 years$6,573$4,950$3,675$2,696$1,957$1,213
27 years$6,262$4,658$3,413$2,468$1,765$1,069
28 years$5,973$4,390$3,173$2,261$1,592$943
29 years$5,705$4,141$2,952$2,073$1,438$832
30 years$5,455$3,911$2,750$1,903$1,299$734
31 years$5,222$3,697$2,564$1,747$1,175$648
32 years$5,004$3,498$2,392$1,606$1,062$573
33 years$4,799$3,313$2,234$1,477$962$506
34 years$4,607$3,140$2,087$1,359$871$447
35 years$4,427$2,978$1,951$1,251$789$395
36 years$4,256$2,827$1,825$1,152$714$350
37 years$4,096$2,685$1,708$1,061$648$309
38 years$3,944$2,551$1,600$978$587$274
39 years$3,800$2,426$1,499$902$532$242
40 years$3,664$2,308$1,405$832$483$214
41 years$3,535$2,197$1,317$768$438$190
42 years$3,412$2,093$1,236$708$397$168
43 years$3,295$1,994$1,160$654$361$148
44 years$3,184$1,900$1,088$604$327$131
45 years$3,078$1,812$1,022$558$297$116
46 years$2,977$1,729$960$515$270$103
47 years$2,881$1,650$902$476$245$91
48 years$2,789$1,575$847$440$223$81
49 years$2,701$1,504$797$406$202$71
50 years$2,617$1,437$749$376$184$63

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 $5,555 every year, while hoping to spend $49,636 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: 56/29/15 Blend
39$2,680,000$2,680,000$2,680,000$2,680,000
40$2,959,090$2,817,050$2,775,510$3,112,924
41$3,208,105$2,902,273$2,815,677$3,303,219
42$3,480,856$2,990,009$2,855,527$3,504,534
43$3,779,711$3,080,327$2,894,995$3,722,689
44$4,107,280$3,173,301$2,934,015$3,959,306
45$4,466,434$3,269,005$2,972,517$4,216,170
46$4,860,340$3,367,515$3,010,425$4,495,245
47$5,292,481$3,468,910$3,047,661$4,798,694
48$5,766,696$3,573,269$3,084,140$5,128,897
49$6,287,215$3,680,675$3,119,774$5,488,475
50$6,858,694$3,791,211$3,154,470$5,880,314
51$7,486,265$3,904,965$3,188,129$6,307,592
52$8,175,580$4,022,024$3,220,647$6,773,806
53$8,932,865$4,142,479$3,251,914$7,282,812
54$9,764,979$4,266,422$3,281,816$7,838,851
55$10,679,479$4,393,950$3,310,229$8,446,597
56$11,684,690$4,525,157$3,337,026$9,111,198
57$12,789,784$4,660,145$3,362,072$9,838,323
58$14,004,865$4,799,015$3,385,224$10,634,217
59$15,341,065$4,941,871$3,406,333$11,505,759
60$16,810,651$5,088,820$3,425,242$12,460,526
61$18,427,136$5,239,970$3,441,786$13,506,866
62$20,205,408$5,395,434$3,455,791$14,653,975
63$22,161,874$5,555,324$3,467,073$15,911,982
64$24,314,607$5,719,757$3,475,443$17,292,048
65$26,683,525$5,888,853$3,480,698$18,806,469
66$29,290,570$6,062,733$3,482,627$20,468,791
67$32,159,922$6,241,520$3,481,009$22,293,939
68$35,318,221$6,425,342$3,475,610$24,298,357
69$38,794,824$6,614,328$3,466,187$26,500,162
70$42,622,076$6,808,609$3,452,484$28,919,316
71$46,835,618$7,008,321$3,434,232$31,577,814
72$51,474,723$7,213,601$3,411,151$34,499,891
73$56,582,666$7,424,589$3,382,946$37,712,249
74$62,207,131$7,641,427$3,349,307$41,244,311
75$68,400,661$7,864,260$3,309,913$45,128,497
76$75,221,157$8,093,237$3,264,423$49,400,531
77$82,732,418$8,328,508$3,212,484$54,099,776
78$91,004,746$8,570,227$3,153,723$59,269,607
79$100,115,611$8,818,549$3,087,754$64,957,819
80$110,150,378$9,073,632$3,014,168$71,217,079
81$121,203,115$9,335,639$2,932,541$78,105,420
82$133,377,479$9,604,731$2,842,428$85,686,794
83$146,787,695$9,881,076$2,743,363$94,031,669
84$161,559,633$10,164,843$2,634,859$103,217,698
85$177,831,996$10,456,200$2,516,407$113,330,452
86$195,757,629$10,755,323$2,387,475$124,464,224
87$215,504,959$11,062,386$2,247,508$136,722,923
88$237,259,588$11,377,566$2,095,923$150,221,050
89$261,226,043$11,701,044$1,932,114$165,084,785
90$287,629,705$12,033,001$1,755,445$181,453,172
91$316,718,936$12,373,619$1,565,254$199,479,434
92$348,767,426$12,723,085$1,360,847$219,332,420
93$384,076,771$13,081,583$1,141,503$241,198,196
94$422,979,323$13,449,303$906,466$265,281,803
95$465,841,328$13,826,432$654,946$291,809,196
96$513,066,378$14,213,162$386,121$321,029,369
97$565,099,224$14,609,682$99,132$353,216,713
98$622,429,972$15,016,184$0$388,673,602
99$685,598,712$15,432,860$0$427,766,402
100$755,200,611$15,859,900$0$470,848,245