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

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 $2,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$232,047$229,980$227,964$225,995$224,073$220,725
2 years$114,875$112,735$110,662$108,652$106,702$103,336
3 years$75,822$73,674$71,606$69,614$67,696$64,417
4 years$56,300$54,158$52,111$50,153$48,281$45,115
5 years$44,590$42,461$40,440$38,522$36,703$33,658
6 years$36,785$34,672$32,681$30,807$29,042$26,122
7 years$31,213$29,118$27,158$25,328$23,619$20,825
8 years$27,036$24,959$23,033$21,247$19,594$16,926
9 years$23,788$21,732$19,838$18,098$16,501$13,958
10 years$21,192$19,155$17,295$15,600$14,060$11,639
11 years$19,069$17,053$15,226$13,577$12,092$9,791
12 years$17,301$15,306$13,513$11,909$10,478$8,295
13 years$15,807$13,832$12,073$10,514$9,137$7,068
14 years$14,527$12,573$10,848$9,333$8,010$6,051
15 years$13,418$11,485$9,794$8,323$7,052$5,201
16 years$12,449$10,538$8,880$7,453$6,233$4,486
17 years$11,595$9,705$8,080$6,696$5,527$3,879
18 years$10,837$8,968$7,376$6,035$4,914$3,363
19 years$10,159$8,311$6,752$5,453$4,380$2,921
20 years$9,550$7,723$6,197$4,938$3,912$2,542
21 years$9,000$7,194$5,700$4,482$3,501$2,215
22 years$8,500$6,715$5,254$4,075$3,138$1,933
23 years$8,045$6,281$4,851$3,711$2,817$1,688
24 years$7,628$5,884$4,486$3,385$2,532$1,476
25 years$7,245$5,522$4,155$3,091$2,278$1,292
26 years$6,892$5,190$3,854$2,827$2,052$1,131
27 years$6,565$4,884$3,578$2,587$1,850$991
28 years$6,263$4,603$3,327$2,370$1,670$869
29 years$5,982$4,342$3,096$2,174$1,508$763
30 years$5,720$4,101$2,883$1,995$1,362$669
31 years$5,475$3,876$2,688$1,832$1,232$588
32 years$5,247$3,668$2,508$1,684$1,114$516
33 years$5,032$3,474$2,342$1,548$1,008$453
34 years$4,831$3,292$2,188$1,425$913$398
35 years$4,641$3,123$2,046$1,312$827$350
36 years$4,463$2,964$1,914$1,208$749$308
37 years$4,294$2,815$1,791$1,113$679$271
38 years$4,135$2,675$1,677$1,026$616$238
39 years$3,985$2,544$1,572$946$558$209
40 years$3,842$2,420$1,473$872$506$184
41 years$3,706$2,304$1,381$805$459$162
42 years$3,578$2,194$1,296$743$417$142
43 years$3,455$2,090$1,216$686$378$125
44 years$3,339$1,993$1,141$633$343$110
45 years$3,228$1,900$1,072$585$312$97
46 years$3,122$1,813$1,006$540$283$85
47 years$3,021$1,730$946$499$257$75
48 years$2,924$1,651$889$461$233$66
49 years$2,832$1,577$835$426$212$58
50 years$2,744$1,506$785$394$193$51

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 $2,585 every year, while hoping to spend $41,565 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: 83/11/6 Blend
39$2,810,000$2,810,000$2,810,000$2,810,000
40$3,099,286$2,950,356$2,906,801$3,355,240
41$3,371,189$3,050,699$2,959,954$3,623,130
42$3,669,432$3,154,565$3,013,495$3,911,355
43$3,996,659$3,262,084$3,067,392$4,226,537
44$4,355,781$3,373,389$3,121,613$4,571,354
45$4,750,005$3,488,619$3,176,121$4,948,752
46$5,182,863$3,607,918$3,230,878$5,361,976
47$5,658,245$3,731,437$3,285,842$5,814,600
48$6,180,438$3,859,329$3,340,970$6,310,559
49$6,754,164$3,991,758$3,396,214$6,854,189
50$7,384,624$4,128,890$3,451,523$7,450,264
51$8,077,550$4,270,899$3,506,843$8,104,042
52$8,839,255$4,417,968$3,562,117$8,821,316
53$9,676,694$4,570,284$3,617,283$9,608,465
54$10,597,531$4,728,042$3,672,276$10,472,517
55$11,610,208$4,891,445$3,727,026$11,421,215
56$12,724,028$5,060,704$3,781,460$12,463,085
57$13,949,239$5,236,039$3,835,500$13,607,524
58$15,297,134$5,417,677$3,889,061$14,864,881
59$16,780,153$5,605,855$3,942,057$16,246,557
60$18,412,006$5,800,819$3,994,393$17,765,114
61$20,207,797$6,002,826$4,045,971$19,434,391
62$22,184,168$6,212,140$4,096,687$21,269,635
63$24,359,457$6,429,038$4,146,430$23,287,643
64$26,753,869$6,653,809$4,195,083$25,506,923
65$29,389,669$6,886,750$4,242,523$27,947,866
66$32,291,387$7,128,173$4,288,619$30,632,938
67$35,486,056$7,378,401$4,333,235$33,586,892
68$39,003,461$7,637,770$4,376,226$36,837,003
69$42,876,422$7,906,629$4,417,438$40,413,322
70$47,141,106$8,185,343$4,456,711$44,348,960
71$51,837,364$8,474,289$4,493,875$48,680,400
72$57,009,107$8,773,862$4,528,752$53,447,842
73$62,704,725$9,084,470$4,561,154$58,695,581
74$68,977,537$9,406,539$4,590,883$64,472,425
75$75,886,299$9,740,513$4,617,732$70,832,152
76$83,495,757$10,086,853$4,641,480$77,834,024
77$91,877,254$10,446,039$4,661,900$85,543,336
78$101,109,409$10,818,570$4,678,749$94,032,042
79$111,278,856$11,204,967$4,691,774$103,379,426
80$122,481,059$11,605,770$4,700,708$113,672,853
81$134,821,217$12,021,543$4,705,272$125,008,591
82$148,415,254$12,452,872$4,705,172$137,492,721
83$163,390,915$12,900,368$4,700,100$151,242,139
84$179,888,969$13,364,666$4,689,734$166,385,653
85$198,064,537$13,846,428$4,673,734$183,065,204
86$218,088,561$14,346,344$4,651,745$201,437,201
87$240,149,411$14,865,132$4,623,395$221,674,000
88$264,454,665$15,403,538$4,588,293$243,965,529
89$291,233,071$15,962,341$4,546,031$268,521,076
90$320,736,702$16,542,353$4,496,180$295,571,271
91$353,243,335$17,144,418$4,438,292$325,370,257
92$389,059,076$17,769,415$4,371,896$358,198,089
93$428,521,249$18,418,263$4,296,501$394,363,379
94$472,001,574$19,091,916$4,211,592$434,206,204
95$519,909,684$19,791,370$4,116,630$478,101,321
96$572,696,986$20,517,661$4,011,051$526,461,699
97$630,860,923$21,271,870$3,894,265$579,742,418
98$694,949,670$22,055,125$3,765,656$638,444,964
99$765,567,308$22,868,598$3,624,577$703,121,963
100$843,379,528$23,713,514$3,470,355$774,382,394