Can I retire at age 40 with 2,730,000?

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 $2,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$225,441$223,433$221,474$219,561$217,694$211,233
2 years$111,604$109,526$107,511$105,558$103,664$97,208
3 years$73,664$71,576$69,567$67,632$65,769$59,520
4 years$54,697$52,616$50,627$48,725$46,907$40,914
5 years$43,320$41,252$39,289$37,426$35,658$29,936
6 years$35,738$33,685$31,751$29,930$28,215$22,770
7 years$30,324$28,289$26,385$24,607$22,946$17,778
8 years$26,266$24,249$22,377$20,642$19,036$14,141
9 years$23,111$21,113$19,273$17,582$16,031$11,405
10 years$20,589$18,610$16,803$15,156$13,659$9,295
11 years$18,526$16,567$14,793$13,190$11,747$7,638
12 years$16,809$14,870$13,128$11,570$10,180$6,316
13 years$15,357$13,438$11,729$10,214$8,877$5,251
14 years$14,113$12,215$10,539$9,067$7,782$4,384
15 years$13,036$11,158$9,515$8,086$6,852$3,672
16 years$12,095$10,238$8,627$7,240$6,056$3,085
17 years$11,265$9,429$7,850$6,505$5,369$2,598
18 years$10,529$8,712$7,166$5,863$4,774$2,191
19 years$9,870$8,075$6,560$5,297$4,255$1,852
20 years$9,278$7,503$6,021$4,798$3,801$1,567
21 years$8,744$6,989$5,538$4,354$3,401$1,328
22 years$8,258$6,524$5,104$3,959$3,049$1,126
23 years$7,816$6,102$4,713$3,606$2,737$955
24 years$7,410$5,717$4,358$3,289$2,460$811
25 years$7,038$5,365$4,037$3,003$2,214$689
26 years$6,695$5,042$3,744$2,746$1,994$586
27 years$6,378$4,745$3,477$2,514$1,798$498
28 years$6,085$4,472$3,232$2,303$1,622$424
29 years$5,811$4,218$3,008$2,112$1,465$361
30 years$5,557$3,984$2,801$1,938$1,323$307
31 years$5,320$3,766$2,612$1,780$1,196$262
32 years$5,097$3,563$2,437$1,636$1,082$223
33 years$4,889$3,375$2,275$1,504$979$190
34 years$4,693$3,198$2,126$1,384$887$162
35 years$4,509$3,034$1,987$1,274$803$138
36 years$4,336$2,879$1,859$1,173$728$117
37 years$4,172$2,735$1,740$1,081$660$100
38 years$4,017$2,599$1,630$997$598$85
39 years$3,871$2,471$1,527$919$542$73
40 years$3,732$2,351$1,431$848$492$62
41 years$3,601$2,238$1,342$782$446$53
42 years$3,476$2,132$1,259$722$405$45
43 years$3,357$2,031$1,181$666$367$38
44 years$3,244$1,936$1,109$615$334$33
45 years$3,136$1,846$1,041$568$303$28
46 years$3,033$1,761$978$525$275$24
47 years$2,935$1,681$919$485$250$20
48 years$2,841$1,604$863$448$227$17
49 years$2,751$1,532$811$414$206$15
50 years$2,665$1,464$763$383$187$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,730,000, adding $2,506 every year, while hoping to spend $45,483 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: 67/24/9 Blend
39$2,730,000$2,730,000$2,730,000$2,730,000
40$3,011,045$2,866,355$2,824,040$3,207,272
41$3,269,778$2,958,413$2,870,252$3,430,017
42$3,553,377$3,053,457$2,916,487$3,667,765
43$3,864,331$3,151,586$2,962,699$3,926,489
44$4,205,381$3,252,901$3,008,837$4,208,233
45$4,579,544$3,357,508$3,054,848$4,515,247
46$4,990,147$3,465,515$3,100,674$4,850,009
47$5,440,851$3,577,034$3,146,256$5,215,246
48$5,935,690$3,692,181$3,191,528$5,613,958
49$6,479,109$3,811,077$3,236,423$6,049,453
50$7,076,003$3,933,845$3,280,868$6,525,368
51$7,731,765$4,060,613$3,324,787$7,045,711
52$8,452,336$4,191,514$3,368,098$7,614,895
53$9,244,262$4,326,685$3,410,716$8,237,778
54$10,114,751$4,466,268$3,452,550$8,919,712
55$11,071,750$4,610,408$3,493,504$9,666,590
56$12,124,009$4,759,259$3,533,477$10,484,903
57$13,281,171$4,912,976$3,572,362$11,381,800
58$14,553,860$5,071,721$3,610,045$12,365,156
59$15,953,780$5,235,662$3,646,409$13,443,644
60$17,493,828$5,404,972$3,681,326$14,626,818
61$19,188,213$5,579,830$3,714,665$15,925,202
62$21,052,591$5,760,422$3,746,286$17,350,389
63$23,104,211$5,946,939$3,776,043$18,915,151
64$25,362,081$6,139,579$3,803,781$20,633,556
65$27,847,142$6,338,548$3,829,337$22,521,105
66$30,582,471$6,544,057$3,852,540$24,594,871
67$33,593,494$6,756,326$3,873,210$26,873,668
68$36,908,226$6,975,582$3,891,159$29,378,221
69$40,557,540$7,202,060$3,906,187$32,131,364
70$44,575,450$7,436,003$3,918,086$35,158,254
71$48,999,441$7,677,661$3,926,636$38,486,610
72$53,870,813$7,927,296$3,931,607$42,146,970
73$59,235,078$8,185,175$3,932,758$46,172,984
74$65,142,385$8,451,578$3,929,835$50,601,725
75$71,647,996$8,726,793$3,922,572$55,474,043
76$78,812,803$9,011,118$3,910,690$60,834,947
77$86,703,908$9,304,861$3,893,897$66,734,030
78$95,395,248$9,608,341$3,871,884$73,225,939
79$104,968,304$9,921,890$3,844,333$80,370,884
80$115,512,857$10,245,849$3,810,904$88,235,211
81$127,127,845$10,580,572$3,771,246$96,892,027
82$139,922,291$10,926,426$3,724,988$106,421,886
83$154,016,334$11,283,790$3,671,745$116,913,551
84$169,542,361$11,653,056$3,611,109$128,464,831
85$186,646,258$12,034,633$3,542,658$141,183,502
86$205,488,786$12,428,939$3,465,947$155,188,325
87$226,247,097$12,836,412$3,380,511$170,610,167
88$249,116,408$13,257,503$3,285,864$187,593,231
89$274,311,839$13,692,678$3,181,498$206,296,422
90$302,070,449$14,142,422$3,066,881$226,894,842
91$332,653,470$14,607,235$2,941,456$249,581,444
92$366,348,771$15,087,638$2,804,643$274,568,851
93$403,473,580$15,584,166$2,655,832$302,091,363
94$444,377,472$16,097,377$2,494,390$332,407,167
95$489,445,673$16,627,848$2,319,651$365,800,776
96$539,102,695$17,176,175$2,130,922$402,585,710
97$593,816,339$17,742,977$1,927,477$443,107,455
98$654,102,118$18,328,895$1,708,560$487,746,725
99$720,528,117$18,934,594$1,473,380$536,923,054
100$793,720,357$19,560,761$1,221,110$591,098,757