Can I retire at age 40 with 2,860,000?

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 $2,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$236,176$234,072$232,020$230,017$228,060$220,407
2 years$116,919$114,741$112,631$110,585$108,600$100,965
3 years$77,172$74,985$72,880$70,853$68,900$61,524
4 years$57,302$55,122$53,038$51,045$49,140$42,078
5 years$45,383$43,216$41,159$39,208$37,356$30,626
6 years$37,440$35,289$33,263$31,355$29,558$23,168
7 years$31,769$29,636$27,642$25,779$24,039$17,986
8 years$27,517$25,403$23,442$21,625$19,943$14,222
9 years$24,212$22,118$20,191$18,420$16,794$11,400
10 years$21,569$19,496$17,603$15,878$14,310$9,233
11 years$19,408$17,356$15,497$13,819$12,307$7,538
12 years$17,609$15,578$13,753$12,121$10,665$6,193
13 years$16,088$14,078$12,288$10,701$9,300$5,113
14 years$14,785$12,796$11,041$9,499$8,152$4,239
15 years$13,657$11,690$9,968$8,471$7,178$3,526
16 years$12,671$10,725$9,038$7,585$6,344$2,941
17 years$11,802$9,878$8,224$6,815$5,625$2,458
18 years$11,030$9,127$7,507$6,142$5,001$2,059
19 years$10,340$8,459$6,873$5,550$4,458$1,727
20 years$9,720$7,861$6,307$5,026$3,982$1,450
21 years$9,160$7,322$5,802$4,562$3,563$1,219
22 years$8,651$6,835$5,347$4,148$3,194$1,025
23 years$8,188$6,392$4,937$3,777$2,867$863
24 years$7,763$5,989$4,566$3,445$2,577$727
25 years$7,374$5,621$4,229$3,146$2,319$613
26 years$7,014$5,282$3,922$2,877$2,089$517
27 years$6,682$4,971$3,642$2,633$1,883$436
28 years$6,374$4,684$3,386$2,413$1,699$368
29 years$6,088$4,419$3,151$2,212$1,534$311
30 years$5,822$4,174$2,935$2,030$1,386$262
31 years$5,573$3,945$2,736$1,865$1,253$222
32 years$5,340$3,733$2,553$1,714$1,134$187
33 years$5,122$3,535$2,384$1,576$1,026$158
34 years$4,917$3,351$2,227$1,450$929$134
35 years$4,724$3,178$2,082$1,335$841$113
36 years$4,542$3,016$1,948$1,229$762$95
37 years$4,371$2,865$1,823$1,133$691$81
38 years$4,209$2,723$1,707$1,044$626$68
39 years$4,055$2,589$1,599$963$568$58
40 years$3,910$2,463$1,499$888$515$49
41 years$3,772$2,345$1,406$819$467$41
42 years$3,641$2,233$1,319$756$424$35
43 years$3,517$2,128$1,237$698$385$29
44 years$3,398$2,028$1,162$644$349$25
45 years$3,285$1,934$1,091$595$317$21
46 years$3,177$1,845$1,024$550$288$18
47 years$3,075$1,761$962$508$262$15
48 years$2,976$1,681$904$469$238$13
49 years$2,882$1,605$850$434$216$11
50 years$2,792$1,533$799$401$196$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,860,000, adding $3,681 every year, while hoping to spend $31,294 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: 58/27/15 Blend
39$2,860,000$2,860,000$2,860,000$2,860,000
40$3,155,517$3,003,937$2,959,607$3,326,204
41$3,444,083$3,117,833$3,025,457$3,555,983
42$3,761,034$3,236,262$3,092,465$3,802,577
43$4,109,232$3,359,411$3,160,635$4,070,663
44$4,491,831$3,487,479$3,229,973$4,362,313
45$4,912,303$3,620,671$3,300,483$4,679,806
46$5,374,476$3,759,202$3,372,167$5,025,649
47$5,882,566$3,903,297$3,445,028$5,402,602
48$6,441,218$4,053,188$3,519,067$5,813,700
49$7,055,550$4,209,122$3,594,282$6,262,282
50$7,731,198$4,371,351$3,670,674$6,752,024
51$8,474,377$4,540,144$3,748,237$7,286,973
52$9,291,929$4,715,777$3,826,969$7,871,581
53$10,191,397$4,898,541$3,906,864$8,510,748
54$11,181,088$5,088,738$3,987,913$9,209,872
55$12,270,159$5,286,686$4,070,107$9,974,890
56$13,468,695$5,492,714$4,153,436$10,812,343
57$14,787,812$5,707,167$4,237,886$11,729,431
58$16,239,756$5,930,405$4,323,442$12,734,080
59$17,838,022$6,162,805$4,410,088$13,835,020
60$19,597,477$6,404,760$4,497,803$15,041,863
61$21,534,507$6,656,680$4,586,567$16,365,192
62$23,667,163$6,918,994$4,676,353$17,816,666
63$26,015,338$7,192,149$4,767,135$19,409,121
64$28,600,952$7,476,614$4,858,884$21,156,695
65$31,448,159$7,772,877$4,951,566$23,074,960
66$34,583,572$8,081,450$5,045,145$25,181,065
67$38,036,520$8,402,865$5,139,581$27,493,903
68$41,839,320$8,737,680$5,234,832$30,034,278
69$46,027,582$9,086,478$5,330,850$32,825,110
70$50,640,548$9,449,867$5,427,586$35,891,646
71$55,721,458$9,828,485$5,524,984$39,261,695
72$61,317,961$10,222,995$5,622,985$42,965,892
73$67,482,564$10,634,093$5,721,527$47,037,984
74$74,273,128$11,062,505$5,820,540$51,515,148
75$81,753,410$11,508,991$5,919,951$56,438,340
76$89,993,670$11,974,344$6,019,681$61,852,681
77$99,071,331$12,459,394$6,119,647$67,807,877
78$109,071,710$12,965,007$6,219,759$74,358,692
79$120,088,824$13,492,092$6,319,920$81,565,460
80$132,226,275$14,041,595$6,420,028$89,494,652
81$145,598,230$14,614,509$6,519,975$98,219,503
82$160,330,498$15,211,869$6,619,643$107,820,702
83$176,561,717$15,834,758$6,718,909$118,387,147
84$194,444,662$16,484,311$6,817,642$130,016,788
85$214,147,687$17,161,712$6,915,702$142,817,544
86$235,856,315$17,868,200$7,012,943$156,908,322
87$259,774,989$18,605,071$7,109,206$172,420,136
88$286,128,999$19,373,681$7,204,325$189,497,343
89$315,166,613$20,175,447$7,298,126$208,298,998
90$347,161,415$21,011,852$7,390,421$229,000,359
91$382,414,893$21,884,446$7,481,014$251,794,532
92$421,259,281$22,794,853$7,569,697$276,894,297
93$464,060,696$23,744,769$7,656,250$304,534,106
94$511,222,594$24,735,969$7,740,441$334,972,301
95$563,189,577$25,770,311$7,822,025$368,493,543
96$620,451,595$26,849,737$7,900,744$405,411,497
97$683,548,565$27,976,281$7,976,325$446,071,791
98$753,075,468$29,152,069$8,048,482$490,855,272
99$829,687,972$30,379,326$8,116,912$540,181,600
100$914,108,614$31,660,381$8,181,297$594,513,203