Can I retire at age 40 with 2,770,000?

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 $2,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$228,744$226,706$224,719$222,778$220,884$214,934
2 years$113,240$111,131$109,087$107,105$105,183$99,231
3 years$74,743$72,625$70,586$68,623$66,732$60,964
4 years$55,499$53,387$51,369$49,439$47,594$42,055
5 years$43,955$41,856$39,864$37,974$36,180$30,885
6 years$36,262$34,179$32,216$30,368$28,628$23,582
7 years$30,769$28,703$26,772$24,967$23,282$18,485
8 years$26,651$24,604$22,705$20,944$19,315$14,764
9 years$23,450$21,422$19,556$17,840$16,266$11,958
10 years$20,890$18,883$17,049$15,378$13,859$9,788
11 years$18,798$16,810$15,010$13,384$11,920$8,079
12 years$17,055$15,088$13,321$11,739$10,329$6,713
13 years$15,582$13,635$11,901$10,364$9,007$5,607
14 years$14,320$12,394$10,693$9,200$7,896$4,703
15 years$13,227$11,322$9,655$8,205$6,952$3,959
16 years$12,272$10,388$8,753$7,347$6,144$3,343
17 years$11,430$9,567$7,965$6,601$5,448$2,829
18 years$10,683$8,840$7,271$5,949$4,844$2,399
19 years$10,015$8,193$6,656$5,375$4,318$2,038
20 years$9,414$7,613$6,109$4,868$3,857$1,734
21 years$8,872$7,091$5,619$4,418$3,451$1,477
22 years$8,379$6,620$5,179$4,017$3,093$1,259
23 years$7,930$6,191$4,782$3,659$2,777$1,075
24 years$7,519$5,801$4,422$3,337$2,496$918
25 years$7,141$5,444$4,096$3,047$2,246$784
26 years$6,794$5,116$3,799$2,786$2,023$670
27 years$6,472$4,815$3,527$2,550$1,824$573
28 years$6,174$4,537$3,279$2,337$1,646$491
29 years$5,897$4,280$3,052$2,143$1,486$420
30 years$5,639$4,042$2,842$1,967$1,343$360
31 years$5,398$3,821$2,650$1,806$1,214$308
32 years$5,172$3,616$2,472$1,660$1,098$264
33 years$4,961$3,424$2,309$1,526$994$226
34 years$4,762$3,245$2,157$1,404$900$194
35 years$4,575$3,078$2,017$1,293$815$166
36 years$4,399$2,922$1,886$1,191$738$142
37 years$4,233$2,775$1,766$1,097$669$122
38 years$4,076$2,637$1,654$1,011$607$105
39 years$3,928$2,508$1,549$932$550$90
40 years$3,787$2,386$1,452$860$499$77
41 years$3,653$2,271$1,362$793$453$66
42 years$3,527$2,163$1,277$732$411$56
43 years$3,406$2,061$1,198$676$373$48
44 years$3,291$1,964$1,125$624$338$42
45 years$3,182$1,873$1,056$576$307$36
46 years$3,077$1,787$992$532$279$31
47 years$2,978$1,705$932$492$253$26
48 years$2,883$1,628$876$455$230$22
49 years$2,792$1,555$823$420$209$19
50 years$2,704$1,485$774$388$190$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,770,000, adding $2,379 every year, while hoping to spend $46,752 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: 55/35/10 Blend
39$2,770,000$2,770,000$2,770,000$2,770,000
40$3,054,994$2,908,184$2,865,249$3,215,307
41$3,316,860$3,000,941$2,911,491$3,416,857
42$3,603,869$3,096,677$2,957,715$3,630,860
43$3,918,536$3,195,487$3,003,872$3,862,752
44$4,263,633$3,297,471$3,049,907$4,114,244
45$4,642,209$3,402,734$3,095,765$4,387,218
46$5,057,627$3,511,380$3,141,386$4,683,742
47$5,513,587$3,623,520$3,186,704$5,006,096
48$6,014,168$3,739,267$3,231,654$5,356,785
49$6,563,862$3,858,740$3,276,163$5,738,568
50$7,167,615$3,982,058$3,320,154$6,154,479
51$7,830,881$4,109,347$3,363,548$6,607,862
52$8,559,662$4,240,737$3,406,259$7,102,394
53$9,360,576$4,376,361$3,448,196$7,642,126
54$10,240,909$4,516,357$3,489,265$8,231,514
55$11,208,691$4,660,868$3,529,365$8,875,468
56$12,272,768$4,810,041$3,568,389$9,579,392
57$13,442,886$4,964,029$3,606,226$10,349,238
58$14,729,782$5,122,988$3,642,756$11,191,561
59$16,145,287$5,287,081$3,677,855$12,113,576
60$17,702,435$5,456,477$3,711,392$13,123,232
61$19,415,587$5,631,348$3,743,228$14,229,285
62$21,300,567$5,811,875$3,773,216$15,441,374
63$23,374,810$5,998,241$3,801,204$16,770,120
64$25,657,525$6,190,640$3,827,029$18,227,219
65$28,169,880$6,389,268$3,850,521$19,825,557
66$30,935,197$6,594,331$3,871,503$21,579,325
67$33,979,173$6,806,040$3,889,784$23,504,158
68$37,330,125$7,024,612$3,905,169$25,617,278
69$41,019,255$7,250,275$3,917,448$27,937,657
70$45,080,941$7,483,261$3,926,405$30,486,198
71$49,553,068$7,723,812$3,931,811$33,285,926
72$54,477,379$7,972,176$3,933,424$36,362,209
73$59,899,871$8,228,612$3,930,994$39,742,995
74$65,871,230$8,493,387$3,924,254$43,459,075
75$72,447,307$8,766,774$3,912,928$47,544,373
76$79,689,646$9,049,060$3,896,725$52,036,266
77$87,666,064$9,340,538$3,875,340$56,975,934
78$96,451,292$9,641,514$3,848,452$62,408,751
79$106,127,676$9,952,300$3,815,728$68,384,709
80$116,785,959$10,273,223$3,776,815$74,958,890
81$128,526,135$10,604,619$3,731,347$82,191,986
82$141,458,391$10,946,836$3,678,937$90,150,870
83$155,704,149$11,300,233$3,619,184$98,909,226
84$171,397,210$11,665,182$3,551,664$108,548,244
85$188,685,017$12,042,067$3,475,936$119,157,386
86$207,730,047$12,431,287$3,391,538$130,835,228
87$228,711,343$12,833,251$3,297,986$143,690,389
88$251,826,206$13,248,387$3,194,775$157,842,558
89$277,292,054$13,677,132$3,081,374$173,423,617
90$305,348,474$14,119,943$2,957,231$190,578,893
91$336,259,488$14,577,289$2,821,767$209,468,522
92$370,316,037$15,049,657$2,674,378$230,268,959
93$407,838,733$15,537,551$2,514,430$253,174,649
94$449,180,884$16,041,492$2,341,264$278,399,854
95$494,731,827$16,562,017$2,154,189$306,180,678
96$544,920,602$17,099,685$1,952,483$336,777,294
97$600,220,005$17,655,071$1,735,393$370,476,396
98$661,151,048$18,228,773$1,502,132$407,593,911
99$728,287,880$18,821,407$1,251,877$448,477,969
100$802,263,199$19,433,611$983,771$493,512,198