Can I retire at age 40 with 2,100,000?

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 $2,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$173,416$171,871$170,364$168,893$167,457$164,751
2 years$85,850$84,251$82,701$81,199$79,741$77,022
3 years$56,665$55,059$53,513$52,025$50,591$47,944
4 years$42,075$40,474$38,944$37,481$36,082$33,527
5 years$33,323$31,732$30,222$28,789$27,429$24,974
6 years$27,491$25,912$24,424$23,023$21,704$19,351
7 years$23,327$21,761$20,296$18,928$17,651$15,401
8 years$20,205$18,653$17,213$15,878$14,643$12,496
9 years$17,778$16,241$14,825$13,525$12,332$10,286
10 years$15,837$14,315$12,925$11,659$10,507$8,561
11 years$14,251$12,744$11,379$10,146$9,037$7,189
12 years$12,930$11,438$10,099$8,900$7,831$6,078
13 years$11,813$10,337$9,023$7,857$6,829$5,169
14 years$10,856$9,396$8,107$6,975$5,986$4,417
15 years$10,028$8,583$7,319$6,220$5,271$3,789
16 years$9,304$7,875$6,636$5,570$4,658$3,260
17 years$8,666$7,253$6,039$5,004$4,130$2,814
18 years$8,099$6,702$5,512$4,510$3,672$2,434
19 years$7,592$6,211$5,046$4,075$3,273$2,109
20 years$7,137$5,772$4,631$3,691$2,924$1,831
21 years$6,726$5,376$4,260$3,350$2,616$1,592
22 years$6,352$5,018$3,926$3,045$2,345$1,386
23 years$6,012$4,694$3,625$2,774$2,105$1,208
24 years$5,700$4,398$3,353$2,530$1,892$1,054
25 years$5,414$4,127$3,105$2,310$1,703$920
26 years$5,150$3,879$2,880$2,112$1,534$804
27 years$4,906$3,650$2,674$1,934$1,383$703
28 years$4,680$3,440$2,486$1,772$1,248$615
29 years$4,470$3,245$2,313$1,625$1,127$538
30 years$4,275$3,064$2,155$1,491$1,018$471
31 years$4,092$2,897$2,009$1,369$920$412
32 years$3,921$2,741$1,874$1,258$833$361
33 years$3,761$2,596$1,750$1,157$753$317
34 years$3,610$2,460$1,635$1,065$682$278
35 years$3,469$2,334$1,529$980$618$243
36 years$3,335$2,215$1,430$903$560$213
37 years$3,209$2,104$1,339$832$507$187
38 years$3,090$1,999$1,254$767$460$164
39 years$2,978$1,901$1,174$707$417$144
40 years$2,871$1,809$1,101$652$378$126
41 years$2,770$1,722$1,032$602$343$111
42 years$2,674$1,640$968$555$311$97
43 years$2,582$1,562$909$512$283$85
44 years$2,495$1,489$853$473$257$75
45 years$2,412$1,420$801$437$233$66
46 years$2,333$1,355$752$404$211$58
47 years$2,258$1,293$707$373$192$51
48 years$2,185$1,234$664$345$174$44
49 years$2,116$1,179$624$318$158$39
50 years$2,050$1,126$587$294$144$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,100,000, adding $6,522 every year, while hoping to spend $40,257 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: 43/45/12 Blend
39$2,100,000$2,100,000$2,100,000$2,100,000
40$2,320,927$2,209,627$2,177,077$2,412,380
41$2,514,829$2,275,066$2,207,176$2,542,351
42$2,727,159$2,342,362$2,236,934$2,678,518
43$2,959,755$2,411,564$2,266,298$2,825,141
44$3,214,640$2,482,720$2,295,209$2,983,197
45$3,494,043$2,555,883$2,323,608$3,153,757
46$3,800,418$2,631,104$2,351,431$3,338,001
47$4,136,467$2,708,434$2,378,610$3,537,226
48$4,505,168$2,787,929$2,405,075$3,752,859
49$4,909,800$2,869,642$2,430,750$3,986,473
50$5,353,975$2,953,630$2,455,556$4,239,793
51$5,841,672$3,039,950$2,479,409$4,514,724
52$6,377,275$3,128,660$2,502,221$4,813,358
53$6,965,612$3,219,818$2,523,900$5,138,000
54$7,612,001$3,313,486$2,544,347$5,491,187
55$8,322,302$3,409,725$2,563,460$5,875,711
56$9,102,972$3,508,596$2,581,131$6,294,648
57$9,961,121$3,610,163$2,597,245$6,751,385
58$10,904,586$3,714,491$2,611,683$7,249,648
59$11,941,997$3,821,645$2,624,318$7,793,545
60$13,082,867$3,931,692$2,635,019$8,387,597
61$14,337,674$4,044,699$2,643,646$9,036,785
62$15,717,961$4,160,734$2,650,053$9,746,593
63$17,236,451$4,279,867$2,654,087$10,523,062
64$18,907,156$4,402,169$2,655,587$11,372,848
65$20,745,521$4,527,709$2,654,383$12,303,280
66$22,768,558$4,656,561$2,650,299$13,322,433
67$24,995,015$4,788,797$2,643,149$14,439,202
68$27,445,549$4,924,490$2,632,737$15,663,386
69$30,142,920$5,063,716$2,618,858$17,005,780
70$33,112,208$5,206,548$2,601,300$18,478,278
71$36,381,047$5,353,062$2,579,837$20,093,982
72$39,979,885$5,503,334$2,554,234$21,867,327
73$43,942,277$5,657,440$2,524,244$23,814,220
74$48,305,192$5,815,458$2,489,609$25,952,182
75$53,109,371$5,977,464$2,450,059$28,300,523
76$58,399,702$6,143,536$2,405,312$30,880,514
77$64,225,652$6,313,749$2,355,071$33,715,597
78$70,641,728$6,488,183$2,299,025$36,831,598
79$77,707,994$6,666,913$2,236,852$40,256,974
80$85,490,634$6,850,016$2,168,211$44,023,084
81$94,062,581$7,037,569$2,092,748$48,164,478
82$103,504,201$7,229,647$2,010,092$52,719,230
83$113,904,054$7,426,324$1,919,855$57,729,291
84$125,359,729$7,627,676$1,821,631$63,240,890
85$137,978,762$7,833,773$1,714,997$69,304,967
86$151,879,656$8,044,688$1,599,510$75,977,654
87$167,192,994$8,260,490$1,474,706$83,320,804
88$184,062,672$8,481,247$1,340,102$91,402,578
89$202,647,262$8,707,026$1,195,192$100,298,084
90$223,121,501$8,937,888$1,039,449$110,090,088
91$245,677,945$9,173,896$872,322$120,869,796
92$270,528,785$9,415,106$693,234$132,737,713
93$297,907,849$9,661,574$501,586$145,804,592
94$328,072,809$9,913,351$296,748$160,192,481
95$361,307,614$10,170,483$78,067$176,035,872
96$397,925,166$10,433,013$0$193,482,974
97$438,270,281$10,700,978$0$212,716,995
98$482,722,935$10,974,411$0$233,909,989
99$531,701,856$11,253,339$0$257,250,381
100$585,668,474$11,537,781$0$282,956,832