Can I retire at age 40 with 2,810,000?

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 $2,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$232,047$229,980$227,964$225,995$224,073$222,103
2 years$114,875$112,735$110,662$108,652$106,702$104,716
3 years$75,822$73,674$71,606$69,614$67,696$65,757
4 years$56,300$54,158$52,111$50,153$48,281$46,404
5 years$44,590$42,461$40,440$38,522$36,703$34,892
6 years$36,785$34,672$32,681$30,807$29,042$27,300
7 years$31,213$29,118$27,158$25,328$23,619$21,947
8 years$27,036$24,959$23,033$21,247$19,594$17,992
9 years$23,788$21,732$19,838$18,098$16,501$14,968
10 years$21,192$19,155$17,295$15,600$14,060$12,595
11 years$19,069$17,053$15,226$13,577$12,092$10,695
12 years$17,301$15,306$13,513$11,909$10,478$9,147
13 years$15,807$13,832$12,073$10,514$9,137$7,871
14 years$14,527$12,573$10,848$9,333$8,010$6,806
15 years$13,418$11,485$9,794$8,323$7,052$5,910
16 years$12,449$10,538$8,880$7,453$6,233$5,150
17 years$11,595$9,705$8,080$6,696$5,527$4,501
18 years$10,837$8,968$7,376$6,035$4,914$3,944
19 years$10,159$8,311$6,752$5,453$4,380$3,463
20 years$9,550$7,723$6,197$4,938$3,912$3,047
21 years$9,000$7,194$5,700$4,482$3,501$2,685
22 years$8,500$6,715$5,254$4,075$3,138$2,370
23 years$8,045$6,281$4,851$3,711$2,817$2,094
24 years$7,628$5,884$4,486$3,385$2,532$1,852
25 years$7,245$5,522$4,155$3,091$2,278$1,640
26 years$6,892$5,190$3,854$2,827$2,052$1,454
27 years$6,565$4,884$3,578$2,587$1,850$1,289
28 years$6,263$4,603$3,327$2,370$1,670$1,144
29 years$5,982$4,342$3,096$2,174$1,508$1,016
30 years$5,720$4,101$2,883$1,995$1,362$903
31 years$5,475$3,876$2,688$1,832$1,232$802
32 years$5,247$3,668$2,508$1,684$1,114$713
33 years$5,032$3,474$2,342$1,548$1,008$635
34 years$4,831$3,292$2,188$1,425$913$565
35 years$4,641$3,123$2,046$1,312$827$503
36 years$4,463$2,964$1,914$1,208$749$447
37 years$4,294$2,815$1,791$1,113$679$398
38 years$4,135$2,675$1,677$1,026$616$355
39 years$3,985$2,544$1,572$946$558$316
40 years$3,842$2,420$1,473$872$506$282
41 years$3,706$2,304$1,381$805$459$251
42 years$3,578$2,194$1,296$743$417$224
43 years$3,455$2,090$1,216$686$378$199
44 years$3,339$1,993$1,141$633$343$178
45 years$3,228$1,900$1,072$585$312$158
46 years$3,122$1,813$1,006$540$283$141
47 years$3,021$1,730$946$499$257$126
48 years$2,924$1,651$889$461$233$112
49 years$2,832$1,577$835$426$212$100
50 years$2,744$1,506$785$394$193$89

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,810,000, adding $3,922 every year, while hoping to spend $44,537 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: 73/7/20 Blend
39$2,810,000$2,810,000$2,810,000$2,810,000
40$3,100,666$2,951,736$2,908,181$3,311,886
41$3,369,546$3,048,984$2,958,218$3,550,024
42$3,664,360$3,149,504$3,008,438$3,805,078
43$3,987,706$3,253,410$3,058,801$4,083,367
44$4,342,444$3,360,820$3,109,264$4,387,192
45$4,731,728$3,471,854$3,159,778$4,719,088
46$5,159,028$3,586,639$3,210,295$5,081,847
47$5,628,170$3,705,306$3,260,761$5,478,546
48$6,143,367$3,827,989$3,311,120$5,912,571
49$6,709,259$3,954,829$3,361,311$6,387,654
50$7,330,959$4,085,971$3,411,270$6,907,904
51$8,014,099$4,221,566$3,460,930$7,477,852
52$8,764,883$4,361,770$3,510,218$8,102,483
53$9,590,149$4,506,743$3,559,058$8,787,294
54$10,497,426$4,656,655$3,607,368$9,538,339
55$11,495,011$4,811,679$3,655,062$10,362,287
56$12,592,045$4,971,995$3,702,050$11,266,487
57$13,798,600$5,137,789$3,748,235$12,259,034
58$15,125,772$5,309,255$3,793,515$13,348,848
59$16,585,786$5,486,594$3,837,784$14,545,757
60$18,192,113$5,670,014$3,880,927$15,860,590
61$19,959,595$5,859,731$3,922,824$17,305,277
62$21,904,584$6,055,969$3,963,349$18,892,964
63$24,045,099$6,258,959$4,002,369$20,638,136
64$26,400,994$6,468,942$4,039,742$22,556,753
65$28,994,143$6,686,168$4,075,322$24,666,401
66$31,848,652$6,910,897$4,108,951$26,986,458
67$34,991,079$7,143,395$4,140,466$29,538,275
68$38,450,691$7,383,943$4,169,693$32,345,382
69$42,259,734$7,632,829$4,196,451$35,433,703
70$46,453,743$7,890,354$4,220,547$38,831,807
71$51,071,871$8,156,828$4,241,782$42,571,174
72$56,157,264$8,432,574$4,259,944$46,686,491
73$61,757,462$8,717,928$4,274,809$51,215,983
74$67,924,854$9,013,237$4,286,146$56,201,771
75$74,717,166$9,318,862$4,293,709$61,690,271
76$82,198,009$9,635,178$4,297,240$67,732,629
77$90,437,478$9,962,574$4,296,470$74,385,208
78$99,512,814$10,301,454$4,291,115$81,710,116
79$109,509,132$10,652,236$4,280,878$89,775,793
80$120,520,223$11,015,355$4,265,448$98,657,661
81$132,649,443$11,391,264$4,244,497$108,438,828
82$146,010,682$11,780,432$4,217,683$119,210,881
83$160,729,443$12,183,345$4,184,647$131,074,744
84$176,944,027$12,600,510$4,145,014$144,141,633
85$194,806,834$13,032,451$4,098,388$158,534,106
86$214,485,805$13,479,715$4,044,358$174,387,219
87$236,166,004$13,942,868$3,982,490$191,849,803
88$260,051,366$14,422,498$3,912,334$211,085,866
89$286,366,624$14,919,218$3,833,415$232,276,141
90$315,359,423$15,433,663$3,745,238$255,619,797
91$347,302,664$15,966,493$3,647,284$281,336,313
92$382,497,079$16,518,394$3,539,010$309,667,553
93$421,274,064$17,090,079$3,419,851$340,880,050
94$463,998,814$17,682,288$3,289,211$375,267,518
95$511,073,764$18,295,792$3,146,471$413,153,631
96$562,942,392$18,931,390$2,990,982$454,895,074
97$620,093,402$19,589,914$2,822,066$500,884,911
98$683,065,338$20,272,228$2,639,014$551,556,297
99$752,451,667$20,979,232$2,441,085$607,386,567
100$828,906,383$21,711,860$2,227,507$668,901,740