Can I retire at age 40 with 2,870,000?

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 $2,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$237,002$234,891$232,831$230,821$228,858$222,963
2 years$117,328$115,143$113,025$110,972$108,980$103,081
3 years$77,441$75,247$73,135$71,101$69,141$63,422
4 years$57,502$55,314$53,223$51,224$49,312$43,816
5 years$45,542$43,367$41,303$39,345$37,486$32,229
6 years$37,571$35,413$33,379$31,464$29,662$24,649
7 years$31,880$29,739$27,738$25,869$24,123$19,354
8 years$27,613$25,492$23,524$21,701$20,012$15,486
9 years$24,296$22,196$20,261$18,484$16,853$12,565
10 years$21,645$19,564$17,664$15,933$14,360$10,305
11 years$19,476$17,417$15,551$13,867$12,350$8,522
12 years$17,671$15,632$13,802$12,163$10,702$7,094
13 years$16,144$14,127$12,331$10,738$9,332$5,938
14 years$14,837$12,841$11,079$9,532$8,181$4,991
15 years$13,705$11,731$10,003$8,501$7,203$4,210
16 years$12,715$10,763$9,069$7,612$6,366$3,563
17 years$11,843$9,912$8,253$6,839$5,645$3,022
18 years$11,068$9,159$7,534$6,163$5,019$2,568
19 years$10,376$8,489$6,897$5,569$4,473$2,187
20 years$9,754$7,888$6,329$5,044$3,996$1,864
21 years$9,192$7,347$5,822$4,578$3,576$1,592
22 years$8,682$6,859$5,366$4,162$3,205$1,360
23 years$8,216$6,415$4,954$3,791$2,877$1,164
24 years$7,791$6,010$4,582$3,457$2,586$996
25 years$7,399$5,640$4,244$3,157$2,327$853
26 years$7,039$5,301$3,936$2,887$2,096$731
27 years$6,706$4,989$3,655$2,642$1,890$627
28 years$6,397$4,701$3,398$2,421$1,705$538
29 years$6,110$4,435$3,162$2,220$1,540$461
30 years$5,842$4,188$2,945$2,038$1,391$396
31 years$5,592$3,959$2,746$1,871$1,258$340
32 years$5,359$3,746$2,562$1,720$1,138$292
33 years$5,140$3,548$2,392$1,581$1,030$251
34 years$4,934$3,362$2,235$1,455$932$215
35 years$4,741$3,189$2,089$1,340$844$185
36 years$4,558$3,027$1,955$1,234$765$159
37 years$4,386$2,875$1,829$1,137$693$137
38 years$4,224$2,732$1,713$1,048$629$117
39 years$4,070$2,598$1,605$966$570$101
40 years$3,924$2,472$1,504$891$517$87
41 years$3,785$2,353$1,411$822$469$75
42 years$3,654$2,241$1,323$759$426$64
43 years$3,529$2,135$1,242$700$386$55
44 years$3,410$2,035$1,166$647$351$47
45 years$3,297$1,941$1,094$597$318$41
46 years$3,188$1,851$1,028$552$289$35
47 years$3,085$1,767$966$510$262$30
48 years$2,987$1,687$907$471$238$26
49 years$2,892$1,611$853$435$216$22
50 years$2,802$1,539$802$402$197$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,870,000, adding $6,273 every year, while hoping to spend $32,678 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: 79/6/15 Blend
39$2,870,000$2,870,000$2,870,000$2,870,000
40$3,169,211$3,017,101$2,972,616$3,409,204
41$3,457,701$3,130,169$3,037,429$3,681,174
42$3,774,522$3,247,683$3,103,319$3,974,700
43$4,122,529$3,369,826$3,170,286$4,295,838
44$4,504,868$3,496,788$3,238,331$4,647,337
45$4,925,003$3,628,769$3,307,453$5,032,227
46$5,386,752$3,765,977$3,377,652$5,453,845
47$5,894,320$3,908,630$3,448,923$5,915,864
48$6,452,341$4,056,953$3,521,262$6,422,333
49$7,065,920$4,211,184$3,594,664$6,977,709
50$7,740,680$4,371,568$3,669,122$7,586,903
51$8,482,818$4,538,363$3,744,626$8,255,325
52$9,299,160$4,711,837$3,821,165$8,988,932
53$10,197,228$4,892,272$3,898,729$9,794,290
54$11,185,311$5,079,958$3,977,301$10,678,629
55$12,272,538$5,275,202$4,056,867$11,649,916
56$13,468,973$5,478,323$4,137,407$12,716,928
57$14,785,699$5,689,652$4,218,902$13,889,333
58$16,234,933$5,909,537$4,301,327$15,177,784
59$17,830,133$6,138,341$4,384,659$16,594,017
60$19,586,130$6,376,443$4,468,868$18,150,962
61$21,519,263$6,624,237$4,553,923$19,862,866
62$23,647,540$6,882,137$4,639,792$21,745,426
63$25,990,801$7,150,573$4,726,436$23,815,935
64$28,570,907$7,429,995$4,813,816$26,093,449
65$31,411,949$7,720,874$4,901,888$28,598,962
66$34,540,471$8,023,701$4,990,605$31,355,609
67$37,985,725$8,338,988$5,079,916$34,388,878
68$41,779,942$8,667,271$5,169,766$37,726,855
69$45,958,638$9,009,110$5,260,096$41,400,488
70$50,560,952$9,365,089$5,350,841$45,443,874
71$55,630,009$9,735,818$5,441,935$49,894,588
72$61,213,333$10,121,936$5,533,303$54,794,030
73$67,363,291$10,524,110$5,624,867$60,187,822
74$74,137,591$10,943,035$5,716,544$66,126,233
75$81,599,821$11,379,440$5,808,244$72,664,654
76$89,820,055$11,834,084$5,899,872$79,864,124
77$98,875,510$12,307,764$5,991,327$87,791,900
78$108,851,277$12,801,309$6,082,501$96,522,097
79$119,841,121$13,315,587$6,173,279$106,136,383
80$131,948,370$13,851,505$6,263,539$116,724,750
81$145,286,887$14,410,013$6,353,151$128,386,366
82$159,982,147$14,992,101$6,441,978$141,230,508
83$176,172,417$15,598,804$6,529,876$155,377,591
84$194,010,065$16,231,207$6,616,688$170,960,309
85$213,662,997$16,890,442$6,702,253$188,124,884
86$235,316,241$17,577,693$6,786,397$207,032,445
87$259,173,695$18,294,196$6,868,938$227,860,551
88$285,460,047$19,041,247$6,949,683$250,804,864
89$314,422,902$19,820,199$7,028,427$276,080,997
90$346,335,115$20,632,465$7,104,957$303,926,550
91$381,497,368$21,479,527$7,179,044$334,603,347
92$420,241,007$22,362,931$7,250,449$368,399,912
93$462,931,171$23,284,296$7,318,920$405,634,192
94$509,970,237$24,245,313$7,384,191$446,656,553
95$561,801,620$25,247,753$7,445,981$491,853,094
96$618,913,959$26,293,467$7,503,995$541,649,282
97$681,845,727$27,384,390$7,557,922$596,513,977
98$751,190,315$28,522,549$7,607,436$656,963,851
99$827,601,635$29,710,062$7,652,194$723,568,267
100$911,800,292$30,949,145$7,691,832$796,954,652