Can I retire at age 40 with 2,010,000?

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 $2,010,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$165,984$164,505$163,063$161,655$160,280$156,533
2 years$82,170$80,640$79,157$77,719$76,324$72,570
3 years$54,236$52,699$51,220$49,795$48,423$44,779
4 years$40,272$38,739$37,275$35,875$34,536$31,031
5 years$31,895$30,372$28,927$27,555$26,253$22,897
6 years$26,313$24,801$23,377$22,036$20,773$17,569
7 years$22,327$20,828$19,427$18,117$16,894$13,842
8 years$19,339$17,853$16,475$15,198$14,016$11,114
9 years$17,016$15,545$14,190$12,945$11,803$9,051
10 years$15,159$13,702$12,371$11,159$10,057$7,450
11 years$13,640$12,198$10,891$9,712$8,649$6,185
12 years$12,376$10,948$9,666$8,518$7,495$5,169
13 years$11,307$9,894$8,636$7,520$6,536$4,344
14 years$10,391$8,993$7,759$6,676$5,729$3,666
15 years$9,598$8,216$7,006$5,954$5,045$3,106
16 years$8,905$7,538$6,352$5,331$4,458$2,639
17 years$8,294$6,942$5,780$4,790$3,953$2,248
18 years$7,752$6,415$5,276$4,317$3,515$1,919
19 years$7,267$5,945$4,830$3,900$3,133$1,642
20 years$6,831$5,524$4,433$3,533$2,798$1,406
21 years$6,438$5,146$4,077$3,206$2,504$1,206
22 years$6,080$4,803$3,758$2,915$2,245$1,035
23 years$5,754$4,492$3,470$2,655$2,015$890
24 years$5,456$4,209$3,209$2,421$1,811$765
25 years$5,182$3,950$2,972$2,211$1,630$659
26 years$4,930$3,712$2,756$2,022$1,468$567
27 years$4,696$3,494$2,560$1,851$1,324$489
28 years$4,480$3,292$2,380$1,696$1,194$421
29 years$4,279$3,106$2,214$1,555$1,078$363
30 years$4,091$2,933$2,063$1,427$974$313
31 years$3,917$2,773$1,923$1,311$881$270
32 years$3,753$2,624$1,794$1,204$797$233
33 years$3,600$2,485$1,675$1,108$721$201
34 years$3,456$2,355$1,565$1,019$653$174
35 years$3,320$2,234$1,463$938$591$150
36 years$3,192$2,120$1,369$864$536$130
37 years$3,072$2,013$1,281$796$486$112
38 years$2,958$1,914$1,200$734$440$97
39 years$2,850$1,820$1,124$677$399$84
40 years$2,748$1,731$1,054$624$362$72
41 years$2,651$1,648$988$576$329$62
42 years$2,559$1,569$927$531$298$54
43 years$2,471$1,495$870$490$271$47
44 years$2,388$1,425$816$453$246$40
45 years$2,309$1,359$766$418$223$35
46 years$2,233$1,297$720$386$202$30
47 years$2,161$1,237$676$357$184$26
48 years$2,092$1,181$636$330$167$22
49 years$2,026$1,128$597$305$152$19
50 years$1,962$1,078$562$282$138$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,010,000, adding $3,033 every year, while hoping to spend $35,669 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: 55/18/27 Blend
39$2,010,000$2,010,000$2,010,000$2,010,000
40$2,218,149$2,111,619$2,080,464$2,323,447
41$2,406,448$2,177,136$2,112,208$2,461,843
42$2,612,759$2,244,669$2,143,819$2,608,549
43$2,838,880$2,314,278$2,175,257$2,767,609
44$3,086,794$2,386,025$2,206,476$2,940,222
45$3,358,683$2,459,976$2,237,429$3,127,711
46$3,656,951$2,536,197$2,268,065$3,331,533
47$3,984,246$2,614,758$2,298,332$3,553,289
48$4,343,486$2,695,727$2,328,173$3,794,747
49$4,737,882$2,779,179$2,357,528$4,057,849
50$5,170,975$2,865,188$2,386,334$4,344,738
51$5,646,664$2,953,831$2,414,525$4,657,774
52$6,169,242$3,045,187$2,442,030$4,999,554
53$6,743,441$3,139,338$2,468,775$5,372,942
54$7,374,475$3,236,368$2,494,681$5,781,089
55$8,068,085$3,336,363$2,519,666$6,227,472
56$8,830,597$3,439,413$2,543,643$6,715,916
57$9,668,982$3,545,609$2,566,519$7,250,637
58$10,590,919$3,655,044$2,588,198$7,836,281
59$11,604,868$3,767,816$2,608,578$8,477,966
60$12,720,151$3,884,026$2,627,552$9,181,330
61$13,947,037$4,003,774$2,645,006$9,952,587
62$15,296,843$4,127,167$2,660,821$10,798,581
63$16,782,036$4,254,313$2,674,874$11,726,855
64$18,416,354$4,385,324$2,687,032$12,745,720
65$20,214,932$4,520,315$2,697,158$13,864,334
66$22,194,449$4,659,405$2,705,107$15,092,786
67$24,373,280$4,802,713$2,710,726$16,442,195
68$26,771,675$4,950,367$2,713,855$17,924,814
69$29,411,945$5,102,493$2,714,328$19,554,142
70$32,318,673$5,259,225$2,711,967$21,345,056
71$35,518,948$5,420,698$2,706,589$23,313,949
72$39,042,621$5,587,052$2,698,000$25,478,885
73$42,922,581$5,758,430$2,685,996$27,859,770
74$47,195,072$5,934,981$2,670,364$30,478,540
75$51,900,030$6,116,856$2,650,883$33,359,366
76$57,081,463$6,304,212$2,627,317$36,528,887
77$62,787,862$6,497,208$2,599,421$40,016,455
78$69,072,663$6,696,010$2,566,941$43,854,417
79$75,994,747$6,900,786$2,529,606$48,078,418
80$83,618,998$7,111,713$2,487,135$52,727,740
81$92,016,916$7,328,967$2,439,234$57,845,670
82$101,267,289$7,552,733$2,385,596$63,479,911
83$111,456,936$7,783,201$2,325,897$69,683,029
84$122,681,529$8,020,563$2,259,800$76,512,955
85$135,046,494$8,265,019$2,186,952$84,033,526
86$148,668,006$8,516,775$2,106,984$92,315,093
87$163,674,085$8,776,040$2,019,511$101,435,180
88$180,205,806$9,043,030$1,924,129$111,479,221
89$198,418,626$9,317,967$1,820,416$122,541,365
90$218,483,857$9,601,078$1,707,931$134,725,362
91$240,590,278$9,892,598$1,586,213$148,145,547
92$264,945,916$10,192,765$1,454,782$162,927,919
93$291,780,016$10,501,827$1,313,133$179,211,328
94$321,345,197$10,820,036$1,160,743$197,148,788
95$353,919,841$11,147,651$997,061$216,908,923
96$389,810,717$11,484,939$821,515$238,677,556
97$429,355,880$11,832,171$633,506$262,659,468
98$472,927,862$12,189,629$432,410$289,080,329
99$520,937,182$12,557,600$217,574$318,188,827
100$573,836,230$12,936,377$0$350,259,022