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

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 $2,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$227,092$225,070$223,096$221,170$219,289$217,724
2 years$112,422$110,328$108,299$106,332$104,423$102,846
3 years$74,204$72,101$70,077$68,128$66,250$64,709
4 years$55,098$53,002$50,998$49,082$47,250$45,756
5 years$43,638$41,554$39,576$37,700$35,919$34,477
6 years$36,000$33,932$31,984$30,149$28,421$27,033
7 years$30,547$28,496$26,579$24,787$23,114$21,781
8 years$26,458$24,426$22,541$20,793$19,175$17,896
9 years$23,280$21,268$19,414$17,711$16,149$14,924
10 years$20,740$18,746$16,926$15,267$13,759$12,588
11 years$18,662$16,689$14,901$13,287$11,834$10,715
12 years$16,932$14,979$13,224$11,655$10,255$9,188
13 years$15,469$13,537$11,815$10,289$8,942$7,926
14 years$14,216$12,304$10,616$9,134$7,839$6,872
15 years$13,132$11,240$9,585$8,146$6,902$5,983
16 years$12,184$10,313$8,690$7,293$6,100$5,228
17 years$11,348$9,498$7,908$6,553$5,409$4,582
18 years$10,606$8,776$7,219$5,906$4,809$4,026
19 years$9,943$8,134$6,608$5,336$4,286$3,545
20 years$9,346$7,558$6,065$4,833$3,829$3,129
21 years$8,808$7,040$5,578$4,386$3,426$2,765
22 years$8,319$6,572$5,141$3,988$3,071$2,448
23 years$7,873$6,146$4,747$3,632$2,757$2,170
24 years$7,465$5,759$4,390$3,313$2,478$1,925
25 years$7,090$5,404$4,066$3,025$2,230$1,710
26 years$6,744$5,079$3,771$2,766$2,008$1,520
27 years$6,425$4,780$3,502$2,532$1,811$1,352
28 years$6,129$4,504$3,256$2,320$1,634$1,204
29 years$5,854$4,249$3,030$2,127$1,475$1,073
30 years$5,598$4,013$2,822$1,952$1,333$956
31 years$5,359$3,794$2,631$1,793$1,205$853
32 years$5,135$3,590$2,455$1,648$1,090$761
33 years$4,925$3,399$2,292$1,515$987$679
34 years$4,728$3,222$2,141$1,394$893$606
35 years$4,542$3,056$2,002$1,284$809$541
36 years$4,368$2,900$1,873$1,182$733$483
37 years$4,203$2,755$1,753$1,089$664$432
38 years$4,047$2,618$1,642$1,004$602$386
39 years$3,899$2,489$1,538$926$546$345
40 years$3,760$2,369$1,442$854$495$308
41 years$3,627$2,255$1,352$788$449$276
42 years$3,501$2,147$1,268$727$408$247
43 years$3,381$2,046$1,190$671$370$221
44 years$3,267$1,950$1,117$620$336$197
45 years$3,159$1,860$1,049$572$305$176
46 years$3,055$1,774$985$529$277$158
47 years$2,956$1,693$925$488$251$141
48 years$2,862$1,616$870$451$228$126
49 years$2,771$1,543$817$417$207$113
50 years$2,685$1,474$768$385$188$101

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 $6,092 every year, while hoping to spend $48,464 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: 41/40/19 Blend
39$2,750,000$2,750,000$2,750,000$2,750,000
40$3,036,784$2,891,034$2,848,409$3,144,059
41$3,294,971$2,981,129$2,892,265$3,311,050
42$3,577,868$3,074,015$2,935,967$3,486,535
43$3,887,945$3,169,777$2,979,456$3,675,470
44$4,227,922$3,268,502$3,022,675$3,879,107
45$4,600,794$3,370,283$3,065,558$4,098,827
46$5,009,861$3,475,212$3,108,040$4,336,146
47$5,458,755$3,583,386$3,150,047$4,592,732
48$5,951,480$3,694,903$3,191,506$4,870,422
49$6,492,444$3,809,867$3,232,335$5,171,233
50$7,086,505$3,928,383$3,272,450$5,497,390
51$7,739,014$4,050,558$3,311,762$5,851,336
52$8,455,863$4,176,505$3,350,175$6,235,763
53$9,243,546$4,306,339$3,387,591$6,653,634
54$10,109,216$4,440,178$3,423,904$7,108,210
55$11,060,753$4,578,144$3,459,002$7,603,082
56$12,106,840$4,720,363$3,492,769$8,142,200
57$13,257,041$4,866,964$3,525,080$8,729,918
58$14,521,895$5,018,081$3,555,806$9,371,027
59$15,913,012$5,173,851$3,584,809$10,070,804
60$17,443,184$5,334,414$3,611,945$10,835,060
61$19,126,506$5,499,918$3,637,062$11,670,194
62$20,978,506$5,670,510$3,660,000$12,583,254
63$23,016,294$5,846,346$3,680,591$13,582,003
64$25,258,724$6,027,584$3,698,658$14,674,991
65$27,726,566$6,214,389$3,714,016$15,871,635
66$30,442,709$6,406,927$3,726,469$17,182,309
67$33,432,372$6,605,373$3,735,812$18,618,440
68$36,723,342$6,809,905$3,741,830$20,192,616
69$40,346,239$7,020,706$3,744,297$21,918,705
70$44,334,800$7,237,965$3,742,976$23,811,981
71$48,726,202$7,461,878$3,737,618$25,889,277
72$53,561,408$7,692,643$3,727,962$28,169,132
73$58,885,557$7,930,468$3,713,734$30,671,974
74$64,748,387$8,175,564$3,694,647$33,420,309
75$71,204,706$8,428,150$3,670,401$36,438,933
76$78,314,906$8,688,449$3,640,679$39,755,166
77$86,145,538$8,956,695$3,605,153$43,399,107
78$94,769,933$9,233,123$3,563,476$47,403,923
79$104,268,899$9,517,979$3,515,285$51,806,155
80$114,731,481$9,811,514$3,460,202$56,646,068
81$126,255,802$10,113,988$3,397,829$61,968,026
82$138,949,988$10,425,668$3,327,750$67,820,913
83$152,933,187$10,746,826$3,249,530$74,258,594
84$168,336,698$11,077,746$3,162,715$81,340,419
85$185,305,202$11,418,717$3,066,828$89,131,789
86$203,998,136$11,770,038$2,961,370$97,704,768
87$224,591,192$12,132,015$2,845,821$107,138,763
88$247,277,974$12,504,965$2,719,637$117,521,275
89$272,271,830$12,889,211$2,582,247$128,948,723
90$299,807,862$13,285,087$2,433,058$141,527,355
91$330,145,145$13,692,937$2,271,446$155,374,248
92$363,569,172$14,113,114$2,096,762$170,618,415
93$400,394,551$14,545,979$1,908,327$187,402,022
94$440,967,969$14,991,907$1,705,430$205,881,726
95$485,671,472$15,451,280$1,487,332$226,230,158
96$534,926,062$15,924,493$1,253,257$248,637,551
97$589,195,677$16,411,950$1,002,399$273,313,532
98$648,991,569$16,914,068$733,911$300,489,104
99$714,877,127$17,431,275$446,915$330,418,825
100$787,473,196$17,964,010$140,489$363,383,211