Can I retire at age 40 with 2,760,000?

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 $2,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$227,918$225,888$223,907$221,974$220,086$211,271
2 years$112,831$110,729$108,693$106,718$104,803$96,032
3 years$74,473$72,363$70,331$68,375$66,491$58,041
4 years$55,298$53,194$51,183$49,261$47,422$39,357
5 years$43,796$41,705$39,720$37,837$36,050$28,390
6 years$36,131$34,055$32,100$30,258$28,525$21,276
7 years$30,658$28,600$26,675$24,877$23,198$16,357
8 years$26,555$24,515$22,623$20,869$19,245$12,805
9 years$23,365$21,345$19,485$17,776$16,207$10,158
10 years$20,815$18,814$16,987$15,323$13,809$8,139
11 years$18,730$16,749$14,955$13,335$11,877$6,571
12 years$16,993$15,033$13,273$11,697$10,292$5,338
13 years$15,525$13,586$11,858$10,327$8,975$4,356
14 years$14,268$12,349$10,655$9,167$7,867$3,569
15 years$13,179$11,281$9,620$8,175$6,927$2,933
16 years$12,228$10,350$8,722$7,320$6,122$2,416
17 years$11,389$9,532$7,936$6,577$5,428$1,994
18 years$10,644$8,808$7,245$5,927$4,827$1,649
19 years$9,979$8,163$6,632$5,356$4,302$1,365
20 years$9,380$7,586$6,087$4,851$3,843$1,132
21 years$8,840$7,066$5,599$4,402$3,439$939
22 years$8,349$6,596$5,160$4,003$3,082$780
23 years$7,901$6,169$4,764$3,645$2,767$648
24 years$7,492$5,780$4,406$3,325$2,487$538
25 years$7,116$5,424$4,081$3,036$2,238$448
26 years$6,769$5,098$3,785$2,776$2,016$372
27 years$6,449$4,798$3,515$2,541$1,817$310
28 years$6,151$4,521$3,267$2,328$1,640$258
29 years$5,875$4,265$3,041$2,135$1,481$215
30 years$5,618$4,028$2,832$1,959$1,338$179
31 years$5,378$3,807$2,640$1,800$1,210$149
32 years$5,153$3,603$2,464$1,654$1,094$124
33 years$4,943$3,412$2,300$1,521$990$103
34 years$4,745$3,234$2,149$1,399$897$86
35 years$4,559$3,067$2,009$1,288$812$72
36 years$4,384$2,911$1,880$1,186$736$60
37 years$4,218$2,765$1,759$1,093$667$50
38 years$4,062$2,628$1,648$1,008$605$41
39 years$3,914$2,499$1,544$929$548$35
40 years$3,773$2,377$1,447$857$497$29
41 years$3,640$2,263$1,357$791$451$24
42 years$3,514$2,155$1,273$730$409$20
43 years$3,394$2,053$1,194$673$372$17
44 years$3,279$1,957$1,121$622$337$14
45 years$3,170$1,866$1,052$574$306$12
46 years$3,066$1,780$989$530$278$10
47 years$2,967$1,699$929$490$252$8
48 years$2,872$1,622$873$453$229$7
49 years$2,782$1,549$820$419$208$6
50 years$2,695$1,480$771$387$189$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,760,000, adding $4,318 every year, while hoping to spend $25,431 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: 47/39/14 Blend
39$2,760,000$2,760,000$2,760,000$2,760,000
40$3,045,974$2,899,694$2,856,914$3,176,973
41$3,329,605$3,014,721$2,925,562$3,383,129
42$3,641,314$3,134,531$2,995,658$3,603,794
43$3,983,938$3,259,333$3,067,222$3,842,729
44$4,360,603$3,389,344$3,140,278$4,101,642
45$4,774,752$3,524,789$3,214,845$4,382,415
46$5,230,180$3,665,907$3,290,945$4,687,112
47$5,731,066$3,812,944$3,368,599$5,018,002
48$6,282,015$3,966,159$3,447,828$5,377,580
49$6,888,103$4,125,823$3,528,652$5,768,588
50$7,554,919$4,292,218$3,611,091$6,194,039
51$8,288,623$4,465,639$3,695,166$6,657,247
52$9,096,003$4,646,396$3,780,894$7,161,859
53$9,984,537$4,834,811$3,868,296$7,711,881
54$10,962,465$5,031,221$3,957,389$8,311,722
55$12,038,865$5,235,981$4,048,190$8,966,231
56$13,223,743$5,449,457$4,140,718$9,680,745
57$14,528,121$5,672,037$4,234,989$10,461,131
58$15,964,146$5,904,123$4,331,017$11,313,849
59$17,545,201$6,146,138$4,428,819$12,246,006
60$19,286,035$6,398,521$4,528,407$13,265,422
61$21,202,897$6,661,735$4,629,795$14,380,705
62$23,313,693$6,936,261$4,732,994$15,601,328
63$25,638,157$7,222,605$4,838,016$16,937,720
64$28,198,029$7,521,292$4,944,870$18,401,358
65$31,017,269$7,832,877$5,053,564$20,004,879
66$34,122,277$8,157,934$5,164,105$21,762,194
67$37,542,145$8,497,069$5,276,499$23,688,619
68$41,308,931$8,850,912$5,390,748$25,801,016
69$45,457,959$9,220,125$5,506,856$28,117,954
70$50,028,158$9,605,397$5,624,822$30,659,875
71$55,062,421$10,007,453$5,744,645$33,449,294
72$60,608,018$10,427,048$5,866,321$36,511,002
73$66,717,037$10,864,975$5,989,843$39,872,299
74$73,446,876$11,322,060$6,115,205$43,563,254
75$80,860,787$11,799,170$6,242,394$47,616,979
76$89,028,470$12,297,213$6,371,397$52,069,944
77$98,026,733$12,817,135$6,502,198$56,962,316
78$107,940,216$13,359,931$6,634,777$62,338,338
79$118,862,189$13,926,639$6,769,113$68,246,740
80$130,895,434$14,518,345$6,905,180$74,741,198
81$144,153,212$15,136,188$7,042,947$81,880,836
82$158,760,337$15,781,358$7,182,383$89,730,782
83$174,854,348$16,455,102$7,323,450$98,362,779
84$192,586,813$17,158,724$7,466,107$107,855,857
85$212,124,756$17,893,589$7,610,309$118,297,076
86$233,652,232$18,661,125$7,756,006$129,782,344
87$257,372,069$19,462,830$7,903,142$142,417,318
88$283,507,780$20,300,269$8,051,657$156,318,396
89$312,305,672$21,175,080$8,201,486$171,613,812
90$344,037,172$22,088,981$8,352,557$188,444,840
91$379,001,389$23,043,767$8,504,793$206,967,126
92$417,527,938$24,041,318$8,658,111$227,352,146
93$459,980,049$25,083,605$8,812,419$249,788,827
94$506,758,001$26,172,687$8,967,621$274,485,317
95$558,302,892$27,310,725$9,123,612$301,670,947
96$615,100,814$28,499,976$9,280,280$331,598,392
97$677,687,430$29,742,809$9,437,503$364,546,044
98$746,653,041$31,041,700$9,595,152$400,820,640
99$822,648,151$32,399,243$9,753,090$440,760,142
100$906,389,613$33,818,156$9,911,168$484,736,928