Can I retire at age 40 with 2,750,000?

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 $2,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$227,092$225,070$223,096$221,170$219,289$214,162
2 years$112,422$110,328$108,299$106,332$104,423$99,287
3 years$74,204$72,101$70,077$68,128$66,250$61,265
4 years$55,098$53,002$50,998$49,082$47,250$42,455
5 years$43,638$41,554$39,576$37,700$35,919$31,326
6 years$36,000$33,932$31,984$30,149$28,421$24,037
7 years$30,547$28,496$26,579$24,787$23,114$18,938
8 years$26,458$24,426$22,541$20,793$19,175$15,206
9 years$23,280$21,268$19,414$17,711$16,149$12,383
10 years$20,740$18,746$16,926$15,267$13,759$10,193
11 years$18,662$16,689$14,901$13,287$11,834$8,462
12 years$16,932$14,979$13,224$11,655$10,255$7,072
13 years$15,469$13,537$11,815$10,289$8,942$5,943
14 years$14,216$12,304$10,616$9,134$7,839$5,016
15 years$13,132$11,240$9,585$8,146$6,902$4,249
16 years$12,184$10,313$8,690$7,293$6,100$3,611
17 years$11,348$9,498$7,908$6,553$5,409$3,076
18 years$10,606$8,776$7,219$5,906$4,809$2,626
19 years$9,943$8,134$6,608$5,336$4,286$2,246
20 years$9,346$7,558$6,065$4,833$3,829$1,924
21 years$8,808$7,040$5,578$4,386$3,426$1,650
22 years$8,319$6,572$5,141$3,988$3,071$1,417
23 years$7,873$6,146$4,747$3,632$2,757$1,217
24 years$7,465$5,759$4,390$3,313$2,478$1,047
25 years$7,090$5,404$4,066$3,025$2,230$901
26 years$6,744$5,079$3,771$2,766$2,008$776
27 years$6,425$4,780$3,502$2,532$1,811$669
28 years$6,129$4,504$3,256$2,320$1,634$576
29 years$5,854$4,249$3,030$2,127$1,475$497
30 years$5,598$4,013$2,822$1,952$1,333$429
31 years$5,359$3,794$2,631$1,793$1,205$370
32 years$5,135$3,590$2,455$1,648$1,090$319
33 years$4,925$3,399$2,292$1,515$987$276
34 years$4,728$3,222$2,141$1,394$893$238
35 years$4,542$3,056$2,002$1,284$809$205
36 years$4,368$2,900$1,873$1,182$733$177
37 years$4,203$2,755$1,753$1,089$664$153
38 years$4,047$2,618$1,642$1,004$602$132
39 years$3,899$2,489$1,538$926$546$114
40 years$3,760$2,369$1,442$854$495$99
41 years$3,627$2,255$1,352$788$449$85
42 years$3,501$2,147$1,268$727$408$74
43 years$3,381$2,046$1,190$671$370$64
44 years$3,267$1,950$1,117$620$336$55
45 years$3,159$1,860$1,049$572$305$48
46 years$3,055$1,774$985$529$277$41
47 years$2,956$1,693$925$488$251$36
48 years$2,862$1,616$870$451$228$31
49 years$2,771$1,543$817$417$207$27
50 years$2,685$1,474$768$385$188$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,750,000, adding $4,706 every year, while hoping to spend $50,418 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: 49/39/12 Blend
39$2,750,000$2,750,000$2,750,000$2,750,000
40$3,035,354$2,889,604$2,846,979$3,173,924
41$3,291,316$2,977,550$2,888,709$3,357,570
42$3,571,696$3,068,116$2,930,146$3,551,284
43$3,878,932$3,161,377$2,971,229$3,760,561
44$4,215,708$3,257,409$3,011,890$3,986,876
45$4,584,980$3,356,293$3,052,059$4,231,847
46$4,990,006$3,458,108$3,091,660$4,497,257
47$5,434,370$3,562,940$3,130,615$4,785,068
48$5,922,025$3,670,872$3,168,839$5,097,438
49$6,457,321$3,781,994$3,206,244$5,436,740
50$7,045,051$3,896,395$3,242,737$5,805,590
51$7,690,496$4,014,168$3,278,218$6,206,863
52$8,399,472$4,135,408$3,312,584$6,643,727
53$9,178,386$4,260,212$3,345,724$7,119,667
54$10,034,299$4,388,679$3,377,523$7,638,523
55$10,974,985$4,520,912$3,407,858$8,204,520
56$12,009,013$4,657,016$3,436,600$8,822,311
57$13,145,821$4,797,099$3,463,615$9,497,021
58$14,395,808$4,941,270$3,488,760$10,234,292
59$15,770,430$5,089,642$3,511,883$11,040,338
60$17,282,311$5,242,332$3,532,828$11,922,004
61$18,945,358$5,399,457$3,551,429$12,886,827
62$20,774,893$5,561,139$3,567,511$13,943,110
63$22,787,800$5,727,503$3,580,890$15,099,996
64$25,002,681$5,898,675$3,591,375$16,367,561
65$27,440,030$6,074,787$3,598,762$17,756,898
66$30,122,432$6,255,970$3,602,839$19,280,231
67$33,074,770$6,442,363$3,603,384$20,951,025
68$36,324,462$6,634,104$3,600,163$22,784,114
69$39,901,718$6,831,336$3,592,930$24,795,839
70$43,839,828$7,034,206$3,581,427$27,004,203
71$48,175,471$7,242,862$3,565,386$29,429,042
72$52,949,065$7,457,458$3,544,522$32,092,206
73$58,205,146$7,678,150$3,518,540$35,017,773
74$63,992,788$7,905,097$3,487,128$38,232,268
75$70,366,068$8,138,462$3,449,962$41,764,918
76$77,384,571$8,378,411$3,406,701$45,647,924
77$85,113,959$8,625,115$3,356,986$49,916,768
78$93,626,583$8,878,746$3,300,446$54,610,543
79$103,002,171$9,139,481$3,236,688$59,772,324
80$113,328,579$9,407,502$3,165,303$65,449,576
81$124,702,615$9,682,991$3,085,862$71,694,595
82$137,230,961$9,966,136$2,997,917$78,565,010
83$151,031,172$10,257,129$2,901,000$86,124,316
84$166,232,787$10,556,165$2,794,619$94,442,484
85$182,978,555$10,863,440$2,678,263$103,596,612
86$201,425,777$11,179,158$2,551,394$113,671,655
87$221,747,793$11,503,524$2,413,452$124,761,230
88$244,135,617$11,836,746$2,263,852$136,968,493
89$268,799,740$12,179,037$2,101,982$150,407,116
90$295,972,116$12,530,612$1,927,200$165,202,360
91$325,908,351$12,891,690$1,738,840$181,492,253
92$358,890,114$13,262,495$1,536,203$199,428,896
93$395,227,799$13,643,250$1,318,559$219,179,899
94$435,263,451$14,034,186$1,085,147$240,929,958
95$479,373,996$14,435,534$835,172$264,882,603
96$527,974,797$14,847,529$567,804$291,262,115
97$581,523,576$15,270,408$282,176$320,315,646
98$640,524,735$15,704,411$0$352,315,547
99$705,534,112$16,149,782$0$387,564,845
100$777,164,236$16,606,766$0$426,430,116