Can I retire at age 40 with 2,130,000?

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 $2,130,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$175,893$174,327$172,798$171,306$169,849$168,850
2 years$87,076$85,454$83,883$82,359$80,881$79,872
3 years$57,474$55,845$54,278$52,768$51,314$50,328
4 years$42,676$41,052$39,500$38,016$36,598$35,641
5 years$33,799$32,185$30,654$29,200$27,821$26,897
6 years$27,884$26,282$24,773$23,352$22,014$21,124
7 years$23,660$22,071$20,586$19,199$17,903$17,048
8 years$20,493$18,919$17,459$16,105$14,852$14,032
9 years$18,032$16,473$15,037$13,718$12,508$11,721
10 years$16,064$14,520$13,110$11,825$10,657$9,905
11 years$14,455$12,926$11,542$10,291$9,166$8,446
12 years$13,115$11,602$10,243$9,027$7,943$7,256
13 years$11,982$10,485$9,151$7,969$6,926$6,272
14 years$11,011$9,530$8,223$7,074$6,071$5,448
15 years$10,171$8,706$7,424$6,309$5,346$4,753
16 years$9,437$7,988$6,731$5,649$4,725$4,161
17 years$8,789$7,356$6,125$5,076$4,189$3,655
18 years$8,215$6,798$5,591$4,574$3,725$3,218
19 years$7,701$6,300$5,118$4,133$3,320$2,840
20 years$7,239$5,854$4,697$3,743$2,966$2,512
21 years$6,822$5,453$4,321$3,397$2,654$2,225
22 years$6,443$5,090$3,982$3,089$2,379$1,974
23 years$6,098$4,761$3,677$2,813$2,135$1,754
24 years$5,782$4,460$3,400$2,566$1,919$1,560
25 years$5,491$4,186$3,150$2,343$1,727$1,388
26 years$5,224$3,934$2,921$2,143$1,556$1,237
27 years$4,977$3,702$2,712$1,961$1,403$1,103
28 years$4,747$3,489$2,522$1,797$1,266$985
29 years$4,534$3,291$2,347$1,648$1,143$879
30 years$4,336$3,108$2,186$1,512$1,033$786
31 years$4,150$2,938$2,038$1,389$934$702
32 years$3,977$2,780$1,901$1,276$844$628
33 years$3,815$2,633$1,775$1,174$764$562
34 years$3,662$2,495$1,659$1,080$692$503
35 years$3,518$2,367$1,551$994$627$450
36 years$3,383$2,247$1,451$916$568$403
37 years$3,255$2,134$1,358$844$515$361
38 years$3,135$2,028$1,271$778$467$324
39 years$3,020$1,928$1,191$717$423$290
40 years$2,912$1,835$1,117$661$384$260
41 years$2,809$1,746$1,047$610$348$233
42 years$2,712$1,663$982$563$316$209
43 years$2,619$1,585$922$520$287$187
44 years$2,531$1,510$865$480$260$168
45 years$2,447$1,440$812$443$236$151
46 years$2,366$1,374$763$409$215$135
47 years$2,290$1,311$717$378$195$121
48 years$2,217$1,252$674$350$177$109
49 years$2,147$1,195$633$323$161$98
50 years$2,080$1,142$595$299$146$88

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,130,000, adding $3,083 every year, while hoping to spend $20,842 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: 71/5/24 Blend
39$2,130,000$2,130,000$2,130,000$2,130,000
40$2,350,440$2,237,550$2,204,535$2,502,940
41$2,568,009$2,325,014$2,256,211$2,692,678
42$2,807,072$2,416,066$2,308,920$2,897,633
43$3,069,799$2,510,858$2,362,674$3,121,560
44$3,358,580$2,609,552$2,417,486$3,366,342
45$3,676,050$2,712,316$2,473,367$3,634,052
46$4,025,112$2,819,324$2,530,329$3,926,972
47$4,408,962$2,930,759$2,588,384$4,247,616
48$4,831,124$3,046,814$2,647,542$4,598,754
49$5,295,478$3,167,687$2,707,814$4,983,436
50$5,806,301$3,293,588$2,769,210$5,405,020
51$6,368,304$3,424,735$2,831,740$5,867,208
52$6,986,680$3,561,355$2,895,411$6,374,075
53$7,667,147$3,703,687$2,960,233$6,930,111
54$8,416,008$3,851,980$3,026,213$7,540,263
55$9,240,208$4,006,494$3,093,358$8,209,979
56$10,147,397$4,167,501$3,161,674$8,945,261
57$11,146,008$4,335,284$3,231,167$9,752,724
58$12,245,330$4,510,142$3,301,840$10,639,651
59$13,455,599$4,692,384$3,373,696$11,614,070
60$14,788,094$4,882,336$3,446,740$12,684,823
61$16,255,245$5,080,336$3,520,971$13,861,653
62$17,870,747$5,286,738$3,596,390$15,155,294
63$19,649,690$5,501,915$3,672,996$16,577,573
64$21,608,703$5,726,254$3,750,786$18,141,520
65$23,766,109$5,960,159$3,829,756$19,861,493
66$26,142,101$6,204,056$3,909,901$21,753,310
67$28,758,927$6,458,386$3,991,215$23,834,401
68$31,641,105$6,723,615$4,073,688$26,123,972
69$34,815,651$7,000,225$4,157,310$28,643,185
70$38,312,337$7,288,725$4,242,069$31,415,354
71$42,163,967$7,589,644$4,327,950$34,466,174
72$46,406,692$7,903,537$4,414,937$37,823,954
73$51,080,348$8,230,984$4,503,011$41,519,888
74$56,228,833$8,572,591$4,592,150$45,588,349
75$61,900,519$8,928,994$4,682,333$50,067,213
76$68,148,711$9,300,854$4,773,531$54,998,215
77$75,032,152$9,688,868$4,865,716$60,427,345
78$82,615,569$10,093,761$4,958,855$66,405,278
79$90,970,295$10,516,292$5,052,915$72,987,857
80$100,174,933$10,957,258$5,147,855$80,236,616
81$110,316,102$11,417,490$5,243,634$88,219,360
82$121,489,256$11,897,858$5,340,207$97,010,808
83$133,799,579$12,399,273$5,437,524$106,693,296
84$147,362,986$12,922,687$5,535,530$117,357,552
85$162,307,210$13,469,098$5,634,170$129,103,557
86$178,773,010$14,039,549$5,733,379$142,041,484
87$196,915,502$14,635,131$5,833,092$156,292,737
88$216,905,618$15,256,988$5,933,236$171,991,101
89$238,931,726$15,906,315$6,033,734$189,284,002
90$263,201,401$16,584,363$6,134,503$208,333,896
91$289,943,390$17,292,443$6,235,455$229,319,807
92$319,409,769$18,031,926$6,336,496$252,439,012
93$351,878,321$18,804,246$6,437,524$277,908,905
94$387,655,161$19,610,905$6,538,433$305,969,050
95$427,077,625$20,453,477$6,639,107$336,883,437
96$470,517,451$21,333,605$6,739,426$370,942,981
97$518,384,293$22,253,015$6,839,259$408,468,261
98$571,129,587$23,213,508$6,938,470$449,812,548
99$629,250,808$24,216,973$7,036,912$495,365,143
100$693,296,173$25,265,388$7,134,431$545,555,045