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%14.1%
1 years$221,312$219,341$217,417$215,540$213,707$210,080
2 years$109,560$107,520$105,542$103,625$101,765$98,122
3 years$72,315$70,265$68,293$66,394$64,564$61,019
4 years$53,696$51,653$49,700$47,833$46,048$42,627
5 years$42,527$40,496$38,569$36,740$35,005$31,719
6 years$35,084$33,068$31,170$29,381$27,698$24,550
7 years$29,769$27,771$25,902$24,156$22,526$19,518
8 years$25,785$23,805$21,967$20,264$18,687$15,818
9 years$22,688$20,726$18,920$17,260$15,737$13,005
10 years$20,212$18,269$16,495$14,879$13,409$10,811
11 years$18,187$16,264$14,522$12,949$11,532$9,066
12 years$16,501$14,598$12,888$11,358$9,994$7,656
13 years$15,075$13,192$11,514$10,027$8,715$6,502
14 years$13,855$11,991$10,346$8,901$7,639$5,548
15 years$12,797$10,954$9,341$7,938$6,726$4,753
16 years$11,873$10,050$8,469$7,108$5,945$4,084
17 years$11,059$9,256$7,706$6,386$5,271$3,520
18 years$10,336$8,553$7,035$5,755$4,687$3,040
19 years$9,689$7,927$6,440$5,200$4,177$2,631
20 years$9,108$7,366$5,910$4,710$3,731$2,281
21 years$8,584$6,861$5,436$4,275$3,339$1,980
22 years$8,107$6,404$5,011$3,887$2,993$1,721
23 years$7,672$5,990$4,626$3,540$2,687$1,498
24 years$7,275$5,612$4,279$3,228$2,415$1,305
25 years$6,909$5,267$3,963$2,948$2,173$1,137
26 years$6,573$4,950$3,675$2,696$1,957$992
27 years$6,262$4,658$3,413$2,468$1,765$866
28 years$5,973$4,390$3,173$2,261$1,592$756
29 years$5,705$4,141$2,952$2,073$1,438$661
30 years$5,455$3,911$2,750$1,903$1,299$577
31 years$5,222$3,697$2,564$1,747$1,175$505
32 years$5,004$3,498$2,392$1,606$1,062$441
33 years$4,799$3,313$2,234$1,477$962$386
34 years$4,607$3,140$2,087$1,359$871$338
35 years$4,427$2,978$1,951$1,251$789$296
36 years$4,256$2,827$1,825$1,152$714$259
37 years$4,096$2,685$1,708$1,061$648$227
38 years$3,944$2,551$1,600$978$587$198
39 years$3,800$2,426$1,499$902$532$174
40 years$3,664$2,308$1,405$832$483$152
41 years$3,535$2,197$1,317$768$438$133
42 years$3,412$2,093$1,236$708$397$117
43 years$3,295$1,994$1,160$654$361$102
44 years$3,184$1,900$1,088$604$327$90
45 years$3,078$1,812$1,022$558$297$79
46 years$2,977$1,729$960$515$270$69
47 years$2,881$1,650$902$476$245$60
48 years$2,789$1,575$847$440$223$53
49 years$2,701$1,504$797$406$202$46
50 years$2,617$1,437$749$376$184$41

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 $3,496 every year, while hoping to spend $45,276 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: 44/43/13 Blend
39$2,680,000$2,680,000$2,680,000$2,680,000
40$2,956,966$2,814,926$2,773,386$3,075,867
41$3,210,403$2,904,684$2,818,121$3,248,892
42$3,488,174$2,997,323$2,862,838$3,431,478
43$3,792,711$3,092,936$2,907,487$3,628,379
44$4,126,697$3,191,619$2,952,017$3,840,932
45$4,493,084$3,293,472$2,996,373$4,070,605
46$4,895,125$3,398,599$3,040,498$4,319,015
47$5,336,402$3,507,104$3,084,329$4,587,939
48$5,820,861$3,619,098$3,127,800$4,879,330
49$6,352,850$3,734,695$3,170,842$5,195,338
50$6,937,157$3,854,011$3,213,381$5,538,329
51$7,579,057$3,977,168$3,255,340$5,910,904
52$8,284,362$4,104,290$3,296,635$6,315,926
53$9,059,473$4,235,506$3,337,178$6,756,548
54$9,911,444$4,370,951$3,376,878$7,236,235
55$10,848,045$4,510,761$3,415,638$7,758,806
56$11,877,837$4,655,080$3,453,353$8,328,461
57$13,010,251$4,804,054$3,489,915$8,949,826
58$14,255,679$4,957,835$3,525,210$9,627,992
59$15,625,570$5,116,580$3,559,116$10,368,566
60$17,132,538$5,280,452$3,591,506$11,177,721
61$18,790,481$5,449,619$3,622,245$12,062,252
62$20,614,712$5,624,252$3,651,193$13,029,645
63$22,622,105$5,804,533$3,678,200$14,088,142
64$24,831,249$5,990,645$3,703,109$15,246,819
65$27,262,630$6,182,779$3,725,756$16,515,673
66$29,938,816$6,381,134$3,745,968$17,905,715
67$32,884,679$6,585,913$3,763,561$19,429,070
68$36,127,622$6,797,328$3,778,346$21,099,096
69$39,697,838$7,015,596$3,790,119$22,930,505
70$43,628,601$7,240,943$3,798,671$24,939,504
71$47,956,571$7,473,602$3,803,780$27,143,944
72$52,722,146$7,713,814$3,805,211$29,563,492
73$57,969,841$7,961,827$3,802,722$32,219,810
74$63,748,708$8,217,899$3,796,056$35,136,765
75$70,112,795$8,482,296$3,784,944$38,340,649
76$77,121,664$8,755,292$3,769,103$41,860,428
77$84,840,945$9,037,172$3,748,239$45,728,013
78$93,342,958$9,328,230$3,722,041$49,978,563
79$102,707,395$9,628,769$3,690,185$54,650,811
80$113,022,074$9,939,103$3,652,331$59,787,436
81$124,383,763$10,259,557$3,608,122$65,435,457
82$136,899,098$10,590,467$3,557,185$71,646,681
83$150,685,586$10,932,179$3,499,130$78,478,190
84$165,872,713$11,285,053$3,433,548$85,992,876
85$182,603,168$11,649,459$3,360,011$94,260,037
86$201,034,190$12,025,782$3,278,070$103,356,027
87$221,339,049$12,414,417$3,187,257$113,364,979
88$243,708,685$12,815,776$3,087,083$124,379,594
89$268,353,504$13,230,283$2,977,034$136,502,018
90$295,505,371$13,658,376$2,856,574$149,844,803
91$325,419,792$14,100,509$2,725,142$164,531,970
92$358,378,330$14,557,153$2,582,153$180,700,176
93$394,691,258$15,028,793$2,426,994$198,500,004
94$434,700,493$15,515,930$2,259,025$218,097,382
95$478,782,818$16,019,085$2,077,577$239,675,152
96$527,353,441$16,538,796$1,881,951$263,434,787
97$580,869,912$17,075,617$1,671,417$289,598,299
98$639,836,446$17,630,125$1,445,212$318,410,328
99$704,808,677$18,202,915$1,202,541$350,140,452
100$776,398,907$18,794,602$942,570$385,085,731