Can I retire at age 40 with 2,110,000?

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 $2,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$174,242$172,690$171,176$169,698$168,254$163,855
2 years$86,258$84,652$83,095$81,585$80,121$75,718
3 years$56,934$55,321$53,768$52,273$50,832$46,564
4 years$42,275$40,667$39,129$37,659$36,254$32,154
5 years$33,482$31,883$30,366$28,926$27,560$23,638
6 years$27,622$26,035$24,540$23,132$21,807$18,068
7 years$23,438$21,864$20,393$19,018$17,735$14,179
8 years$20,301$18,742$17,295$15,954$14,713$11,339
9 years$17,862$16,318$14,896$13,589$12,390$9,195
10 years$15,913$14,383$12,987$11,714$10,557$7,536
11 years$14,319$12,805$11,433$10,195$9,080$6,228
12 years$12,991$11,493$10,147$8,942$7,868$5,181
13 years$11,869$10,386$9,065$7,895$6,861$4,334
14 years$10,908$9,441$8,145$7,008$6,014$3,640
15 years$10,076$8,624$7,354$6,250$5,296$3,069
16 years$9,348$7,913$6,668$5,596$4,680$2,595
17 years$8,707$7,287$6,067$5,028$4,150$2,199
18 years$8,137$6,734$5,539$4,531$3,690$1,868
19 years$7,629$6,241$5,070$4,094$3,289$1,589
20 years$7,171$5,799$4,653$3,708$2,938$1,354
21 years$6,758$5,402$4,280$3,365$2,629$1,155
22 years$6,383$5,042$3,945$3,060$2,356$986
23 years$6,041$4,716$3,642$2,787$2,115$843
24 years$5,728$4,419$3,369$2,542$1,901$721
25 years$5,440$4,147$3,120$2,321$1,711$617
26 years$5,175$3,897$2,894$2,122$1,541$528
27 years$4,930$3,668$2,687$1,943$1,389$453
28 years$4,703$3,456$2,498$1,780$1,254$388
29 years$4,492$3,260$2,324$1,632$1,132$333
30 years$4,295$3,079$2,165$1,498$1,023$285
31 years$4,111$2,911$2,019$1,376$925$245
32 years$3,940$2,754$1,883$1,264$837$210
33 years$3,779$2,608$1,758$1,163$757$180
34 years$3,627$2,472$1,643$1,070$685$155
35 years$3,485$2,345$1,536$985$621$133
36 years$3,351$2,225$1,437$907$562$114
37 years$3,225$2,114$1,345$836$510$98
38 years$3,105$2,009$1,260$770$462$84
39 years$2,992$1,910$1,180$710$419$72
40 years$2,885$1,817$1,106$655$380$62
41 years$2,783$1,730$1,037$604$345$53
42 years$2,686$1,647$973$558$313$46
43 years$2,594$1,570$913$515$284$39
44 years$2,507$1,496$857$475$258$34
45 years$2,424$1,427$805$439$234$29
46 years$2,344$1,361$756$406$212$25
47 years$2,268$1,299$710$375$193$21
48 years$2,196$1,240$667$346$175$18
49 years$2,126$1,184$627$320$159$16
50 years$2,060$1,131$590$296$145$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,110,000, adding $4,712 every year, while hoping to spend $21,855 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: 47/46/7 Blend
39$2,110,000$2,110,000$2,110,000$2,110,000
40$2,330,080$2,218,250$2,185,545$2,434,996
41$2,544,495$2,303,691$2,235,508$2,592,940
42$2,780,048$2,392,586$2,286,411$2,761,573
43$3,038,871$2,485,081$2,338,264$2,944,067
44$3,323,315$2,581,329$2,391,075$3,141,713
45$3,635,968$2,681,489$2,444,851$3,355,929
46$3,979,683$2,785,728$2,499,600$3,588,273
47$4,357,601$2,894,219$2,555,327$3,840,457
48$4,773,184$3,007,144$2,612,039$4,114,362
49$5,230,247$3,124,693$2,669,740$4,412,056
50$5,732,992$3,247,062$2,728,436$4,735,810
51$6,286,048$3,374,459$2,788,129$5,088,124
52$6,894,517$3,507,100$2,848,824$5,471,742
53$7,564,020$3,645,210$2,910,522$5,889,687
54$8,300,749$3,789,024$2,973,223$6,345,278
55$9,111,528$3,938,789$3,036,929$6,842,169
56$10,003,876$4,094,762$3,101,638$7,384,379
57$10,986,078$4,257,211$3,167,349$7,976,327
58$12,067,260$4,426,418$3,234,058$8,622,877
59$13,257,483$4,602,674$3,301,761$9,329,380
60$14,567,827$4,786,286$3,370,451$10,101,723
61$16,010,507$4,977,575$3,440,123$10,946,386
62$17,598,978$5,176,876$3,510,766$11,870,499
63$19,348,068$5,384,537$3,582,371$12,881,910
64$21,274,116$5,600,924$3,654,925$13,989,257
65$23,395,126$5,826,420$3,728,415$15,202,049
66$25,730,937$6,061,423$3,802,826$16,530,753
67$28,303,410$6,306,350$3,878,138$17,986,891
68$31,136,635$6,561,639$3,954,333$19,583,151
69$34,257,157$6,827,744$4,031,388$21,333,498
70$37,694,226$7,105,143$4,109,279$23,253,312
71$41,480,076$7,394,333$4,187,979$25,359,526
72$45,650,226$7,695,837$4,267,457$27,670,786
73$50,243,814$8,010,199$4,347,683$30,207,624
74$55,303,973$8,337,988$4,428,620$32,992,654
75$60,878,230$8,679,801$4,510,230$36,050,775
76$67,018,958$9,036,260$4,592,471$39,409,412
77$73,783,871$9,408,017$4,675,299$43,098,769
78$81,236,569$9,795,752$4,758,664$47,152,111
79$89,447,134$10,200,179$4,842,515$51,606,078
80$98,492,796$10,622,043$4,926,794$56,501,025
81$108,458,661$11,062,122$5,011,441$61,881,403
82$119,438,512$11,521,233$5,096,391$67,796,177
83$131,535,694$12,000,228$5,181,574$74,299,278
84$144,864,095$12,499,999$5,266,917$81,450,120
85$159,549,213$13,021,479$5,352,339$89,314,147
86$175,729,346$13,565,645$5,437,756$97,963,455
87$193,556,895$14,133,517$5,523,076$107,477,465
88$213,199,803$14,726,165$5,608,204$117,943,670
89$234,843,141$15,344,705$5,693,038$129,458,458
90$258,690,854$15,990,309$5,777,467$142,128,016
91$284,967,686$16,664,198$5,861,377$156,069,331
92$313,921,301$17,367,655$5,944,644$171,411,288
93$345,824,623$18,102,019$6,027,138$188,295,882
94$380,978,409$18,868,692$6,108,722$206,879,554
95$419,714,090$19,669,142$6,189,248$227,334,664
96$462,396,902$20,504,904$6,268,562$249,851,110
97$509,429,327$21,377,586$6,346,500$274,638,121
98$561,254,900$22,288,870$6,422,890$301,926,218
99$618,362,391$23,240,515$6,497,547$331,969,393
100$681,290,420$24,234,365$6,570,280$365,047,492