Can I retire at age 40 with 2,090,000?

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 $2,090,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$172,590$171,053$169,553$168,089$166,660$160,874
2 years$85,441$83,849$82,307$80,812$79,362$73,593
3 years$56,395$54,797$53,258$51,777$50,350$44,779
4 years$41,874$40,281$38,758$37,302$35,910$30,580
5 years$33,165$31,581$30,078$28,652$27,298$22,222
6 years$27,360$25,788$24,308$22,913$21,600$16,782
7 years$23,215$21,657$20,200$18,838$17,567$13,006
8 years$20,108$18,564$17,131$15,803$14,573$10,267
9 years$17,693$16,163$14,755$13,461$12,273$8,215
10 years$15,762$14,247$12,864$11,603$10,457$6,640
11 years$14,183$12,683$11,325$10,098$8,993$5,411
12 years$12,868$11,384$10,051$8,857$7,794$4,436
13 years$11,757$10,288$8,980$7,820$6,796$3,656
14 years$10,804$9,351$8,068$6,942$5,957$3,024
15 years$9,980$8,543$7,284$6,191$5,245$2,510
16 years$9,259$7,838$6,604$5,543$4,636$2,089
17 years$8,624$7,218$6,010$4,980$4,111$1,742
18 years$8,060$6,670$5,486$4,488$3,655$1,456
19 years$7,556$6,182$5,022$4,056$3,258$1,218
20 years$7,103$5,744$4,609$3,673$2,910$1,021
21 years$6,694$5,351$4,240$3,334$2,604$856
22 years$6,322$4,995$3,907$3,031$2,334$719
23 years$5,983$4,671$3,608$2,760$2,095$604
24 years$5,673$4,377$3,337$2,518$1,883$507
25 years$5,388$4,107$3,090$2,299$1,695$427
26 years$5,126$3,860$2,866$2,102$1,526$359
27 years$4,883$3,633$2,662$1,924$1,376$302
28 years$4,658$3,423$2,474$1,763$1,242$254
29 years$4,449$3,229$2,302$1,617$1,121$214
30 years$4,254$3,050$2,145$1,484$1,013$180
31 years$4,072$2,883$1,999$1,363$916$152
32 years$3,902$2,728$1,865$1,252$829$128
33 years$3,743$2,584$1,742$1,152$750$108
34 years$3,593$2,449$1,627$1,060$679$91
35 years$3,452$2,322$1,522$975$615$77
36 years$3,319$2,204$1,423$898$557$65
37 years$3,194$2,094$1,332$828$505$54
38 years$3,076$1,990$1,248$763$458$46
39 years$2,964$1,892$1,169$703$415$39
40 years$2,857$1,800$1,096$649$377$33
41 years$2,757$1,714$1,027$599$342$27
42 years$2,661$1,632$964$552$310$23
43 years$2,570$1,555$904$510$281$20
44 years$2,483$1,482$849$471$255$16
45 years$2,401$1,413$797$435$232$14
46 years$2,322$1,348$749$402$210$12
47 years$2,247$1,287$703$371$191$10
48 years$2,175$1,228$661$343$174$8
49 years$2,106$1,173$621$317$158$7
50 years$2,041$1,120$584$293$143$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,090,000, adding $6,288 every year, while hoping to spend $33,140 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: 71/14/15 Blend
39$2,090,000$2,090,000$2,090,000$2,090,000
40$2,309,666$2,198,896$2,166,501$2,465,374
41$2,509,991$2,271,381$2,203,818$2,642,062
42$2,729,639$2,346,308$2,241,275$2,830,823
43$2,970,545$2,423,759$2,278,840$3,036,607
44$3,234,842$2,503,825$2,316,482$3,261,092
45$3,524,878$2,586,594$2,354,167$3,506,122
46$3,843,240$2,672,162$2,391,856$3,773,730
47$4,192,778$2,760,626$2,429,511$4,066,154
48$4,576,631$2,852,086$2,467,089$4,385,859
49$4,998,257$2,946,648$2,504,546$4,735,558
50$5,461,466$3,044,420$2,541,835$5,118,241
51$5,970,453$3,145,515$2,578,904$5,537,200
52$6,529,843$3,250,048$2,615,701$5,996,062
53$7,144,728$3,358,141$2,652,168$6,498,820
54$7,820,719$3,469,920$2,688,245$7,049,874
55$8,564,000$3,585,513$2,723,869$7,654,070
56$9,381,381$3,705,056$2,758,971$8,316,747
57$10,280,366$3,828,688$2,793,480$9,043,787
58$11,269,222$3,956,553$2,827,322$9,841,666
59$12,357,061$4,088,802$2,860,415$10,717,524
60$13,553,918$4,225,590$2,892,675$11,679,222
61$14,870,852$4,367,078$2,924,014$12,735,424
62$16,320,048$4,513,434$2,954,338$13,895,673
63$17,914,932$4,664,831$2,983,547$15,170,484
64$19,670,296$4,821,450$3,011,537$16,571,441
65$21,602,441$4,983,475$3,038,198$18,111,309
66$23,729,326$5,151,102$3,063,414$19,804,151
67$26,070,742$5,324,531$3,087,064$21,665,461
68$28,648,495$5,503,970$3,109,017$23,712,312
69$31,486,612$5,689,635$3,129,140$25,963,514
70$34,611,571$5,881,751$3,147,290$28,439,795
71$38,052,545$6,080,551$3,163,318$31,163,993
72$41,841,682$6,286,275$3,177,067$34,161,271
73$46,014,406$6,499,175$3,188,371$37,459,357
74$50,609,751$6,719,511$3,197,058$41,088,805
75$55,670,731$6,947,552$3,202,944$45,083,280
76$61,244,742$7,183,579$3,205,839$49,479,879
77$67,384,014$7,427,882$3,205,543$54,319,477
78$74,146,099$7,680,764$3,201,844$59,647,119
79$81,594,418$7,942,538$3,194,523$65,512,436
80$89,798,856$8,213,529$3,183,346$71,970,122
81$98,836,423$8,494,076$3,168,073$79,080,443
82$108,791,982$8,784,530$3,148,447$86,909,808
83$119,759,047$9,085,254$3,124,202$95,531,399
84$131,840,666$9,396,628$3,095,059$105,025,854
85$145,150,395$9,719,045$3,060,725$115,482,036
86$159,813,369$10,052,912$3,020,894$126,997,863
87$175,967,482$10,398,654$2,975,243$139,681,241
88$193,764,689$10,756,711$2,923,437$153,651,075
89$213,372,440$11,127,542$2,865,125$169,038,394
90$234,975,259$11,511,622$2,799,937$185,987,586
91$258,776,489$11,909,445$2,727,488$204,657,766
92$285,000,207$12,321,525$2,647,376$225,224,268
93$313,893,343$12,748,395$2,559,178$247,880,308
94$345,728,007$13,190,609$2,462,453$272,838,804
95$380,804,060$13,648,745$2,356,741$300,334,388
96$419,451,941$14,123,400$2,241,559$330,625,615
97$462,035,791$14,615,199$2,116,403$363,997,409
98$508,956,887$15,124,788$1,980,747$400,763,753
99$560,657,427$15,652,840$1,834,040$441,270,644
100$617,624,711$16,200,056$1,675,707$485,899,371