Can I retire at age 40 with 2,780,000?

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 $2,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$229,570$227,525$225,530$223,583$221,681$218,820
2 years$113,648$111,532$109,481$107,492$105,562$102,684
3 years$75,013$72,887$70,841$68,871$66,973$64,167
4 years$55,699$53,580$51,554$49,618$47,766$45,054
5 years$44,114$42,007$40,008$38,111$36,311$33,700
6 years$36,393$34,302$32,333$30,478$28,732$26,226
7 years$30,880$28,807$26,869$25,057$23,366$20,966
8 years$26,747$24,693$22,787$21,020$19,385$17,090
9 years$23,534$21,500$19,626$17,904$16,325$14,134
10 years$20,966$18,951$17,110$15,434$13,909$11,822
11 years$18,866$16,871$15,064$13,432$11,963$9,976
12 years$17,117$15,142$13,369$11,782$10,367$8,479
13 years$15,638$13,684$11,944$10,401$9,040$7,249
14 years$14,372$12,439$10,732$9,233$7,924$6,227
15 years$13,275$11,363$9,689$8,234$6,977$5,370
16 years$12,316$10,425$8,785$7,373$6,166$4,647
17 years$11,472$9,601$7,994$6,625$5,468$4,033
18 years$10,721$8,872$7,297$5,970$4,862$3,509
19 years$10,051$8,222$6,680$5,395$4,333$3,059
20 years$9,448$7,641$6,131$4,886$3,870$2,672
21 years$8,904$7,117$5,639$4,434$3,464$2,337
22 years$8,409$6,643$5,197$4,032$3,105$2,047
23 years$7,959$6,213$4,799$3,672$2,787$1,795
24 years$7,546$5,822$4,438$3,349$2,505$1,576
25 years$7,167$5,463$4,111$3,058$2,254$1,384
26 years$6,818$5,135$3,812$2,796$2,030$1,217
27 years$6,495$4,832$3,540$2,560$1,831$1,071
28 years$6,196$4,553$3,291$2,345$1,652$943
29 years$5,918$4,296$3,063$2,151$1,491$831
30 years$5,659$4,057$2,853$1,974$1,348$732
31 years$5,417$3,835$2,659$1,813$1,218$645
32 years$5,191$3,629$2,481$1,666$1,102$569
33 years$4,979$3,436$2,317$1,532$997$502
34 years$4,779$3,257$2,165$1,409$903$443
35 years$4,592$3,089$2,024$1,298$818$391
36 years$4,415$2,932$1,893$1,195$741$345
37 years$4,249$2,785$1,772$1,101$672$305
38 years$4,091$2,647$1,659$1,015$609$269
39 years$3,942$2,517$1,555$936$552$238
40 years$3,801$2,394$1,457$863$501$210
41 years$3,667$2,279$1,366$796$454$185
42 years$3,539$2,171$1,282$735$412$164
43 years$3,418$2,068$1,203$678$374$145
44 years$3,303$1,971$1,129$626$340$128
45 years$3,193$1,880$1,060$578$308$113
46 years$3,088$1,793$996$534$280$100
47 years$2,989$1,711$935$494$254$88
48 years$2,893$1,634$879$456$231$78
49 years$2,802$1,560$826$422$210$69
50 years$2,714$1,490$777$390$190$61

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,780,000, adding $3,565 every year, while hoping to spend $48,312 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: 56/38/6 Blend
39$2,780,000$2,780,000$2,780,000$2,780,000
40$3,067,237$2,919,897$2,876,807$3,234,888
41$3,328,692$3,011,569$2,921,777$3,439,850
42$3,615,196$3,106,113$2,966,633$3,657,252
43$3,929,253$3,203,619$3,011,323$3,892,832
44$4,273,621$3,304,181$3,055,786$4,148,325
45$4,651,337$3,407,893$3,099,962$4,425,640
46$5,065,747$3,514,853$3,143,785$4,726,878
47$5,520,537$3,625,164$3,187,185$5,054,348
48$6,019,764$3,738,930$3,230,088$5,410,593
49$6,567,901$3,856,259$3,272,417$5,798,409
50$7,169,873$3,977,261$3,314,089$6,220,878
51$7,831,105$4,102,052$3,355,016$6,681,386
52$8,557,575$4,230,750$3,395,106$7,183,664
53$9,355,867$4,363,476$3,434,262$7,731,819
54$10,233,236$4,500,357$3,472,380$8,330,370
55$11,197,673$4,641,522$3,509,352$8,984,296
56$12,257,983$4,787,104$3,545,063$9,699,075
57$13,423,867$4,937,241$3,579,391$10,480,742
58$14,706,010$5,092,075$3,612,211$11,335,941
59$16,116,190$5,251,753$3,643,386$12,271,988
60$17,667,378$5,416,425$3,672,776$13,296,941
61$19,373,868$5,586,248$3,700,231$14,419,674
62$21,251,409$5,761,381$3,725,596$15,649,961
63$23,317,354$5,941,989$3,748,704$16,998,565
64$25,590,821$6,128,244$3,769,383$18,477,344
65$28,092,878$6,320,321$3,787,451$20,099,356
66$30,846,736$6,518,402$3,802,715$21,878,988
67$33,877,972$6,722,672$3,814,974$23,832,084
68$37,214,767$6,933,325$3,824,018$25,976,100
69$40,888,174$7,150,559$3,829,624$28,330,265
70$44,932,411$7,374,579$3,831,559$30,915,763
71$49,385,179$7,605,596$3,829,578$33,755,930
72$54,288,023$7,843,826$3,823,426$36,876,475
73$59,686,723$8,089,495$3,812,832$40,305,721
74$65,631,722$8,342,834$3,797,515$44,074,875
75$72,178,605$8,604,080$3,777,179$48,218,314
76$79,388,622$8,873,479$3,751,514$52,773,918
77$87,329,267$9,151,285$3,720,194$57,783,418
78$96,074,912$9,437,757$3,682,881$63,292,795
79$105,707,511$9,733,166$3,639,216$69,352,709
80$116,317,374$10,037,788$3,588,826$76,018,980
81$128,004,015$10,351,908$3,531,321$83,353,111
82$140,877,096$10,675,823$3,466,291$91,422,868
83$155,057,455$11,009,834$3,393,307$100,302,918
84$170,678,255$11,354,254$3,311,922$110,075,536
85$187,886,231$11,709,407$3,221,666$120,831,374
86$206,843,083$12,075,625$3,122,049$132,670,324
87$227,726,997$12,453,250$3,012,556$145,702,452
88$250,734,326$12,842,634$2,892,652$160,049,040
89$276,081,446$13,244,143$2,761,775$175,843,730
90$304,006,798$13,658,150$2,619,339$193,233,780
91$334,773,135$14,085,043$2,464,730$212,381,458
92$368,670,004$14,525,219$2,297,308$233,465,568
93$406,016,479$14,979,089$2,116,402$256,683,141
94$447,164,171$15,447,076$1,921,313$282,251,288
95$492,500,549$15,929,616$1,711,310$310,409,253
96$542,452,596$16,427,157$1,485,629$341,420,667
97$597,490,836$16,940,163$1,243,473$375,576,037
98$658,133,781$17,469,111$984,010$413,195,487
99$724,952,821$18,014,492$706,369$454,631,774
100$798,577,620$18,576,813$409,642$500,273,622