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%11.9%
1 years$232,047$229,980$227,964$225,995$224,073$222,289
2 years$114,875$112,735$110,662$108,652$106,702$104,903
3 years$75,822$73,674$71,606$69,614$67,696$65,938
4 years$56,300$54,158$52,111$50,153$48,281$46,579
5 years$44,590$42,461$40,440$38,522$36,703$35,060
6 years$36,785$34,672$32,681$30,807$29,042$27,461
7 years$31,213$29,118$27,158$25,328$23,619$22,101
8 years$27,036$24,959$23,033$21,247$19,594$18,139
9 years$23,788$21,732$19,838$18,098$16,501$15,108
10 years$21,192$19,155$17,295$15,600$14,060$12,728
11 years$19,069$17,053$15,226$13,577$12,092$10,821
12 years$17,301$15,306$13,513$11,909$10,478$9,267
13 years$15,807$13,832$12,073$10,514$9,137$7,984
14 years$14,527$12,573$10,848$9,333$8,010$6,913
15 years$13,418$11,485$9,794$8,323$7,052$6,011
16 years$12,449$10,538$8,880$7,453$6,233$5,245
17 years$11,595$9,705$8,080$6,696$5,527$4,590
18 years$10,837$8,968$7,376$6,035$4,914$4,028
19 years$10,159$8,311$6,752$5,453$4,380$3,542
20 years$9,550$7,723$6,197$4,938$3,912$3,121
21 years$9,000$7,194$5,700$4,482$3,501$2,755
22 years$8,500$6,715$5,254$4,075$3,138$2,435
23 years$8,045$6,281$4,851$3,711$2,817$2,155
24 years$7,628$5,884$4,486$3,385$2,532$1,909
25 years$7,245$5,522$4,155$3,091$2,278$1,693
26 years$6,892$5,190$3,854$2,827$2,052$1,503
27 years$6,565$4,884$3,578$2,587$1,850$1,335
28 years$6,263$4,603$3,327$2,370$1,670$1,187
29 years$5,982$4,342$3,096$2,174$1,508$1,055
30 years$5,720$4,101$2,883$1,995$1,362$939
31 years$5,475$3,876$2,688$1,832$1,232$836
32 years$5,247$3,668$2,508$1,684$1,114$745
33 years$5,032$3,474$2,342$1,548$1,008$663
34 years$4,831$3,292$2,188$1,425$913$591
35 years$4,641$3,123$2,046$1,312$827$527
36 years$4,463$2,964$1,914$1,208$749$470
37 years$4,294$2,815$1,791$1,113$679$419
38 years$4,135$2,675$1,677$1,026$616$374
39 years$3,985$2,544$1,572$946$558$334
40 years$3,842$2,420$1,473$872$506$298
41 years$3,706$2,304$1,381$805$459$266
42 years$3,578$2,194$1,296$743$417$237
43 years$3,455$2,090$1,216$686$378$212
44 years$3,339$1,993$1,141$633$343$189
45 years$3,228$1,900$1,072$585$312$169
46 years$3,122$1,813$1,006$540$283$151
47 years$3,021$1,730$946$499$257$135
48 years$2,924$1,651$889$461$233$120
49 years$2,832$1,577$835$426$212$108
50 years$2,744$1,506$785$394$193$96

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 $3,773 every year, while hoping to spend $36,969 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: 82/10/8 Blend
39$2,810,000$2,810,000$2,810,000$2,810,000
40$3,100,512$2,951,582$2,908,027$3,351,448
41$3,377,429$3,056,875$2,966,111$3,621,473
42$3,681,353$3,166,088$3,024,902$3,912,541
43$4,015,000$3,279,374$3,084,384$4,230,955
44$4,381,359$3,396,893$3,144,541$4,579,434
45$4,783,728$3,518,811$3,205,353$4,960,972
46$5,225,735$3,645,300$3,266,800$5,378,865
47$5,711,381$3,776,540$3,328,858$5,836,743
48$6,245,070$3,912,719$3,391,503$6,338,606
49$6,831,655$4,054,030$3,454,706$6,888,858
50$7,476,484$4,200,678$3,518,439$7,492,350
51$8,185,448$4,352,874$3,582,670$8,154,423
52$8,965,037$4,510,838$3,647,362$8,880,964
53$9,822,401$4,674,799$3,712,479$9,678,454
54$10,765,418$4,844,996$3,777,979$10,554,036
55$11,802,769$5,021,679$3,843,820$11,515,574
56$12,944,017$5,205,107$3,909,953$12,571,735
57$14,199,699$5,395,550$3,976,329$13,732,065
58$15,581,425$5,593,289$4,042,893$15,007,081
59$17,101,989$5,798,618$4,109,588$16,408,367
60$18,775,484$6,011,843$4,176,352$17,948,690
61$20,617,443$6,233,282$4,243,118$19,642,110
62$22,644,977$6,463,268$4,309,818$21,504,121
63$24,876,943$6,702,146$4,376,375$23,551,794
64$27,334,118$6,950,279$4,442,711$25,803,933
65$30,039,397$7,208,041$4,508,741$28,281,260
66$33,018,006$7,475,825$4,574,374$31,006,605
67$36,297,742$7,754,041$4,639,515$34,005,122
68$39,909,237$8,043,114$4,704,064$37,304,527
69$43,886,241$8,343,488$4,767,912$40,935,357
70$48,265,947$8,655,629$4,830,947$44,931,259
71$53,089,338$8,980,018$4,893,047$49,329,308
72$58,401,572$9,317,161$4,954,086$54,170,355
73$64,252,414$9,667,584$5,013,930$59,499,413
74$70,696,699$10,031,834$5,072,435$65,366,078
75$77,794,853$10,410,484$5,129,452$71,825,003
76$85,613,462$10,804,132$5,184,823$78,936,407
77$94,225,900$11,213,400$5,238,379$86,766,646
78$103,713,023$11,638,937$5,289,946$95,388,837
79$114,163,929$12,081,423$5,339,337$104,883,550
80$125,676,801$12,541,564$5,386,356$115,339,565
81$138,359,832$13,020,098$5,430,797$126,854,712
82$152,332,249$13,517,797$5,472,442$139,536,789
83$167,725,433$14,035,464$5,511,064$153,504,586
84$184,684,164$14,573,938$5,546,421$168,888,998
85$203,367,984$15,134,096$5,578,261$185,834,267
86$223,952,703$15,716,852$5,606,318$204,499,336
87$246,632,061$16,323,160$5,630,312$225,059,353
88$271,619,553$16,954,017$5,649,949$247,707,322
89$299,150,447$17,610,463$5,664,922$272,655,923
90$329,484,001$18,293,584$5,674,906$300,139,522
91$362,905,915$19,004,515$5,679,560$330,416,378
92$399,731,022$19,744,440$5,678,529$363,771,083
93$440,306,264$20,514,595$5,671,437$400,517,247
94$485,013,964$21,316,272$5,657,893$441,000,457
95$534,275,439$22,150,820$5,637,483$485,601,538
96$588,554,971$23,019,648$5,609,775$534,740,146
97$648,364,194$23,924,226$5,574,318$588,878,733
98$714,266,920$24,866,092$5,530,637$648,526,905
99$786,884,467$25,846,851$5,478,234$714,246,236
100$866,901,516$26,868,180$5,416,588$786,655,566