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%11.7%
1 years$228,744$226,706$224,719$222,778$220,884$219,308
2 years$113,240$111,131$109,087$107,105$105,183$103,594
3 years$74,743$72,625$70,586$68,623$66,732$65,179
4 years$55,499$53,387$51,369$49,439$47,594$46,089
5 years$43,955$41,856$39,864$37,974$36,180$34,728
6 years$36,262$34,179$32,216$30,368$28,628$27,230
7 years$30,769$28,703$26,772$24,967$23,282$21,939
8 years$26,651$24,604$22,705$20,944$19,315$18,027
9 years$23,450$21,422$19,556$17,840$16,266$15,032
10 years$20,890$18,883$17,049$15,378$13,859$12,680
11 years$18,798$16,810$15,010$13,384$11,920$10,793
12 years$17,055$15,088$13,321$11,739$10,329$9,255
13 years$15,582$13,635$11,901$10,364$9,007$7,984
14 years$14,320$12,394$10,693$9,200$7,896$6,922
15 years$13,227$11,322$9,655$8,205$6,952$6,026
16 years$12,272$10,388$8,753$7,347$6,144$5,266
17 years$11,430$9,567$7,965$6,601$5,448$4,615
18 years$10,683$8,840$7,271$5,949$4,844$4,055
19 years$10,015$8,193$6,656$5,375$4,318$3,571
20 years$9,414$7,613$6,109$4,868$3,857$3,151
21 years$8,872$7,091$5,619$4,418$3,451$2,785
22 years$8,379$6,620$5,179$4,017$3,093$2,466
23 years$7,930$6,191$4,782$3,659$2,777$2,185
24 years$7,519$5,801$4,422$3,337$2,496$1,939
25 years$7,141$5,444$4,096$3,047$2,246$1,722
26 years$6,794$5,116$3,799$2,786$2,023$1,531
27 years$6,472$4,815$3,527$2,550$1,824$1,362
28 years$6,174$4,537$3,279$2,337$1,646$1,213
29 years$5,897$4,280$3,052$2,143$1,486$1,080
30 years$5,639$4,042$2,842$1,967$1,343$963
31 years$5,398$3,821$2,650$1,806$1,214$859
32 years$5,172$3,616$2,472$1,660$1,098$766
33 years$4,961$3,424$2,309$1,526$994$684
34 years$4,762$3,245$2,157$1,404$900$610
35 years$4,575$3,078$2,017$1,293$815$545
36 years$4,399$2,922$1,886$1,191$738$487
37 years$4,233$2,775$1,766$1,097$669$435
38 years$4,076$2,637$1,654$1,011$607$389
39 years$3,928$2,508$1,549$932$550$348
40 years$3,787$2,386$1,452$860$499$311
41 years$3,653$2,271$1,362$793$453$278
42 years$3,527$2,163$1,277$732$411$248
43 years$3,406$2,061$1,198$676$373$222
44 years$3,291$1,964$1,125$624$338$199
45 years$3,182$1,873$1,056$576$307$178
46 years$3,077$1,787$992$532$279$159
47 years$2,978$1,705$932$492$253$142
48 years$2,883$1,628$876$455$230$127
49 years$2,792$1,555$823$420$209$114
50 years$2,704$1,485$774$388$190$102

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 $6,720 every year, while hoping to spend $37,044 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: 90/5/5 Blend
39$2,770,000$2,770,000$2,770,000$2,770,000
40$3,059,472$2,912,662$2,869,727$3,334,781
41$3,332,123$3,015,968$2,926,448$3,617,992
42$3,631,344$3,123,094$2,983,828$3,923,462
43$3,959,804$3,234,189$3,041,849$4,258,177
44$4,320,446$3,349,406$3,100,494$4,625,063
45$4,716,511$3,468,907$3,159,740$5,027,340
46$5,151,570$3,592,857$3,219,565$5,468,558
47$5,629,554$3,721,432$3,279,945$5,952,626
48$6,154,797$3,854,810$3,340,852$6,483,849
49$6,732,073$3,993,182$3,402,256$7,066,969
50$7,366,639$4,136,743$3,464,127$7,707,212
51$8,064,290$4,285,697$3,526,429$8,410,332
52$8,831,408$4,440,257$3,589,125$9,182,668
53$9,675,026$4,600,644$3,652,175$10,031,207
54$10,602,892$4,767,089$3,715,536$10,963,641
55$11,623,542$4,939,831$3,779,161$11,988,448
56$12,746,382$5,119,121$3,843,001$13,114,967
57$13,981,774$5,305,219$3,907,003$14,353,487
58$15,341,137$5,498,397$3,971,110$15,715,343
59$16,837,051$5,698,937$4,035,261$17,213,026
60$18,483,379$5,907,134$4,099,391$18,860,296
61$20,295,395$6,123,294$4,163,431$20,672,315
62$22,289,927$6,347,737$4,227,308$22,665,786
63$24,485,520$6,580,797$4,290,943$24,859,116
64$26,902,607$6,822,820$4,354,254$27,272,585
65$29,563,704$7,074,169$4,417,152$29,928,537
66$32,493,619$7,335,221$4,479,544$32,851,594
67$35,719,689$7,606,368$4,541,330$36,068,883
68$39,272,038$7,888,020$4,602,405$39,610,298
69$43,183,858$8,180,605$4,662,657$43,508,776
70$47,491,725$8,484,568$4,721,970$47,800,610
71$52,235,942$8,800,373$4,780,217$52,525,791
72$57,460,921$9,128,505$4,837,268$57,728,386
73$63,215,602$9,469,468$4,892,982$63,456,952
74$69,553,909$9,823,788$4,947,214$69,764,994
75$76,535,270$10,192,015$4,999,807$76,711,470
76$84,225,165$10,574,722$5,050,598$84,361,347
77$92,695,753$10,972,505$5,099,415$92,786,216
78$102,026,550$11,385,987$5,146,075$102,064,962
79$112,305,176$11,815,819$5,190,387$112,284,513
80$123,628,188$12,262,677$5,232,148$123,540,659
81$136,101,985$12,727,271$5,271,147$135,938,953
82$149,843,817$13,210,336$5,307,160$149,595,711
83$164,982,887$13,712,644$5,339,951$164,639,107
84$181,661,576$14,234,997$5,369,273$181,210,381
85$200,036,779$14,778,235$5,394,867$199,465,175
86$220,281,393$15,343,231$5,416,457$219,574,999
87$242,585,945$15,930,899$5,433,759$241,728,852
88$267,160,391$16,542,193$5,446,469$266,135,002
89$294,236,096$17,178,106$5,454,271$293,022,955
90$324,068,022$17,839,677$5,456,833$322,645,619
91$356,937,130$18,527,990$5,453,806$355,281,689
92$393,153,032$19,244,177$5,444,824$391,238,283
93$433,056,919$19,989,419$5,429,503$430,853,833
94$477,024,774$20,764,950$5,407,441$474,501,286
95$525,470,925$21,572,057$5,378,214$522,591,618
96$578,851,957$22,412,085$5,341,382$575,577,717
97$637,671,019$23,286,440$5,296,481$633,958,658
98$702,482,575$24,196,587$5,243,024$698,284,410
99$773,897,636$25,144,058$5,180,504$769,161,029
100$852,589,531$26,130,453$5,108,387$847,256,380