Can I retire at age 40 with 2,790,000?

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 $2,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$230,396$228,343$226,341$224,387$222,479$219,244
2 years$114,057$111,933$109,874$107,878$105,942$102,691
3 years$75,283$73,149$71,096$69,119$67,214$64,046
4 years$55,899$53,773$51,740$49,796$47,938$44,878
5 years$44,272$42,158$40,152$38,248$36,441$33,499
6 years$36,524$34,425$32,449$30,587$28,835$26,012
7 years$30,991$28,910$26,965$25,148$23,450$20,749
8 years$26,843$24,782$22,869$21,096$19,454$16,874
9 years$23,619$21,577$19,697$17,969$16,383$13,923
10 years$21,041$19,019$17,172$15,489$13,960$11,617
11 years$18,933$16,931$15,118$13,480$12,006$9,779
12 years$17,178$15,197$13,417$11,824$10,404$8,290
13 years$15,694$13,733$11,987$10,439$9,072$7,068
14 years$14,423$12,483$10,770$9,266$7,953$6,056
15 years$13,323$11,404$9,724$8,264$7,002$5,209
16 years$12,361$10,463$8,816$7,400$6,189$4,495
17 years$11,513$9,636$8,023$6,648$5,487$3,890
18 years$10,760$8,904$7,324$5,992$4,879$3,375
19 years$10,087$8,252$6,704$5,414$4,349$2,933
20 years$9,482$7,668$6,153$4,903$3,884$2,554
21 years$8,936$7,143$5,660$4,450$3,476$2,228
22 years$8,440$6,667$5,216$4,046$3,116$1,945
23 years$7,987$6,236$4,816$3,685$2,797$1,701
24 years$7,573$5,843$4,454$3,361$2,514$1,488
25 years$7,193$5,483$4,125$3,069$2,262$1,303
26 years$6,843$5,153$3,826$2,806$2,038$1,142
27 years$6,519$4,850$3,553$2,569$1,837$1,002
28 years$6,218$4,570$3,303$2,354$1,658$879
29 years$5,939$4,311$3,074$2,158$1,497$772
30 years$5,679$4,071$2,863$1,981$1,353$678
31 years$5,436$3,849$2,669$1,819$1,223$596
32 years$5,209$3,642$2,490$1,672$1,106$524
33 years$4,996$3,449$2,325$1,537$1,001$460
34 years$4,797$3,269$2,173$1,415$906$405
35 years$4,608$3,100$2,031$1,302$821$356
36 years$4,431$2,943$1,900$1,199$744$313
37 years$4,264$2,795$1,778$1,105$674$276
38 years$4,106$2,656$1,665$1,018$611$243
39 years$3,956$2,526$1,560$939$554$214
40 years$3,814$2,403$1,463$866$503$188
41 years$3,680$2,287$1,371$799$456$166
42 years$3,552$2,178$1,286$738$414$146
43 years$3,431$2,076$1,207$681$376$128
44 years$3,315$1,978$1,133$629$341$113
45 years$3,205$1,887$1,064$581$309$100
46 years$3,100$1,800$999$536$281$88
47 years$2,999$1,718$939$495$255$77
48 years$2,903$1,640$882$458$232$68
49 years$2,812$1,566$829$423$210$60
50 years$2,724$1,496$780$391$191$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,790,000, adding $5,283 every year, while hoping to spend $54,873 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: 43/38/19 Blend
39$2,790,000$2,790,000$2,790,000$2,790,000
40$3,080,029$2,932,159$2,888,914$3,195,227
41$3,335,808$3,017,451$2,927,309$3,362,363
42$3,615,837$3,105,082$2,965,150$3,537,546
43$3,922,532$3,195,111$3,002,362$3,726,201
44$4,258,552$3,287,594$3,038,864$3,929,596
45$4,626,829$3,382,590$3,074,570$4,149,125
46$5,030,588$3,480,159$3,109,390$4,386,324
47$5,473,382$3,580,361$3,143,229$4,642,882
48$5,959,126$3,683,258$3,175,986$4,920,659
49$6,492,131$3,788,912$3,207,556$5,221,701
50$7,077,146$3,897,386$3,237,827$5,548,262
51$7,719,401$4,008,744$3,266,680$5,902,824
52$8,424,658$4,123,051$3,293,992$6,288,117
53$9,199,265$4,240,372$3,319,632$6,707,152
54$10,050,213$4,360,773$3,343,462$7,163,239
55$10,985,205$4,484,321$3,365,339$7,660,029
56$12,012,727$4,611,085$3,385,109$8,201,539
57$13,142,128$4,741,131$3,402,614$8,792,195
58$14,383,708$4,874,528$3,417,683$9,436,872
59$15,748,812$5,011,347$3,430,142$10,140,940
60$17,249,944$5,151,655$3,439,804$10,910,314
61$18,900,875$5,295,523$3,446,475$11,751,511
62$20,716,781$5,443,021$3,449,949$12,671,710
63$22,714,383$5,594,219$3,450,012$13,678,819
64$24,912,101$5,749,187$3,446,439$14,781,552
65$27,330,234$5,907,995$3,438,992$15,989,508
66$29,991,144$6,070,713$3,427,425$17,313,265
67$32,919,474$6,237,412$3,411,477$18,764,476
68$36,142,374$6,408,159$3,390,876$20,355,981
69$39,689,762$6,583,024$3,365,335$22,101,928
70$43,594,600$6,762,075$3,334,557$24,017,906
71$47,893,211$6,945,378$3,298,226$26,121,091
72$52,625,617$7,133,000$3,256,015$28,430,411
73$57,835,918$7,325,005$3,207,580$30,966,722
74$63,572,709$7,521,457$3,152,561$33,753,005
75$69,889,534$7,722,418$3,090,580$36,814,584
76$76,845,396$7,927,946$3,021,244$40,179,365
77$84,505,311$8,138,100$2,944,140$43,878,098
78$92,940,920$8,352,934$2,858,837$47,944,669
79$102,231,167$8,572,501$2,764,881$52,416,419
80$112,463,043$8,796,851$2,661,802$57,334,496
81$123,732,406$9,026,029$2,549,105$62,744,246
82$136,144,885$9,260,078$2,426,273$68,695,638
83$149,816,878$9,499,036$2,292,768$75,243,738
84$164,876,648$9,742,938$2,148,024$82,449,228
85$181,465,536$9,991,812$1,991,453$90,378,980
86$199,739,292$10,245,682$1,822,438$99,106,686
87$219,869,546$10,504,566$1,640,335$108,713,557
88$242,045,426$10,768,476$1,444,473$119,289,087
89$266,475,345$11,037,417$1,234,149$130,931,897
90$293,388,966$11,311,387$1,008,629$143,750,672
91$323,039,371$11,590,375$767,148$157,865,184
92$355,705,446$11,874,362$508,907$173,407,420
93$391,694,516$12,163,321$233,070$190,522,837
94$431,345,246$12,457,213$0$209,371,727
95$475,030,834$12,755,989$0$230,143,164
96$523,162,535$13,059,588$0$253,070,622
97$576,193,544$13,367,939$0$278,321,519
98$634,623,272$13,680,954$0$306,132,472
99$699,002,059$13,998,534$0$336,764,224
100$769,936,369$14,320,562$0$370,504,106