Can I retire at age 40 with 2,140,000?

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 $2,140,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$176,719$175,145$173,609$172,110$170,647$164,265
2 years$87,485$85,855$84,276$82,745$81,260$74,904
3 years$57,744$56,107$54,532$53,016$51,555$45,424
4 years$42,876$41,245$39,686$38,195$36,769$30,911
5 years$33,958$32,337$30,798$29,337$27,951$22,380
6 years$28,015$26,405$24,889$23,461$22,117$16,837
7 years$23,771$22,175$20,683$19,289$17,987$12,996
8 years$20,590$19,008$17,541$16,181$14,922$10,216
9 years$18,116$16,550$15,108$13,783$12,567$8,139
10 years$16,139$14,588$13,171$11,881$10,707$6,550
11 years$14,522$12,987$11,596$10,340$9,209$5,313
12 years$13,176$11,656$10,291$9,069$7,980$4,336
13 years$12,038$10,534$9,194$8,007$6,959$3,556
14 years$11,063$9,575$8,261$7,108$6,100$2,927
15 years$10,219$8,747$7,459$6,339$5,371$2,418
16 years$9,481$8,025$6,762$5,676$4,747$2,002
17 years$8,831$7,391$6,154$5,100$4,209$1,661
18 years$8,253$6,829$5,617$4,596$3,742$1,381
19 years$7,737$6,330$5,142$4,153$3,336$1,149
20 years$7,273$5,882$4,719$3,761$2,979$958
21 years$6,854$5,479$4,341$3,413$2,666$799
22 years$6,473$5,114$4,001$3,104$2,390$667
23 years$6,127$4,783$3,694$2,826$2,145$557
24 years$5,809$4,481$3,416$2,578$1,928$466
25 years$5,517$4,206$3,164$2,354$1,735$389
26 years$5,248$3,953$2,935$2,153$1,563$326
27 years$5,000$3,720$2,725$1,970$1,409$273
28 years$4,770$3,505$2,533$1,805$1,271$228
29 years$4,556$3,307$2,358$1,655$1,148$191
30 years$4,356$3,123$2,196$1,519$1,037$160
31 years$4,170$2,952$2,047$1,395$938$134
32 years$3,996$2,793$1,910$1,282$848$112
33 years$3,832$2,645$1,783$1,179$768$94
34 years$3,679$2,507$1,666$1,085$695$79
35 years$3,535$2,378$1,558$999$630$66
36 years$3,399$2,257$1,457$920$570$55
37 years$3,271$2,144$1,364$848$517$46
38 years$3,149$2,037$1,277$781$469$39
39 years$3,034$1,937$1,197$720$425$33
40 years$2,926$1,843$1,122$664$386$27
41 years$2,823$1,754$1,052$613$350$23
42 years$2,725$1,671$987$566$317$19
43 years$2,631$1,592$926$522$288$16
44 years$2,543$1,518$869$482$261$13
45 years$2,458$1,447$816$445$237$11
46 years$2,377$1,381$766$411$216$9
47 years$2,301$1,317$720$380$196$8
48 years$2,227$1,258$677$351$178$7
49 years$2,157$1,201$636$325$161$6
50 years$2,089$1,147$598$300$147$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,140,000, adding $3,876 every year, while hoping to spend $58,926 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: 55/16/29 Blend
39$2,140,000$2,140,000$2,140,000$2,140,000
40$2,362,278$2,248,858$2,215,688$2,473,006
41$2,540,534$2,296,355$2,227,217$2,597,386
42$2,734,996$2,344,205$2,237,157$2,726,406
43$2,947,257$2,392,362$2,245,393$2,865,758
44$3,179,067$2,440,778$2,251,803$3,016,460
45$3,432,354$2,489,398$2,256,261$3,179,633
46$3,709,241$2,538,165$2,258,632$3,356,515
47$4,012,063$2,587,015$2,258,776$3,548,468
48$4,343,395$2,635,880$2,256,547$3,756,996
49$4,706,069$2,684,686$2,251,788$3,983,759
50$5,103,204$2,733,352$2,244,340$4,230,585
51$5,538,237$2,781,792$2,234,031$4,499,491
52$6,014,950$2,829,912$2,220,683$4,792,701
53$6,537,509$2,877,612$2,204,111$5,112,668
54$7,110,504$2,924,785$2,184,118$5,462,096
55$7,738,989$2,971,312$2,160,499$5,843,969
56$8,428,531$3,017,072$2,133,041$6,261,575
57$9,185,261$3,061,928$2,101,517$6,718,542
58$10,015,933$3,105,739$2,065,694$7,218,868
59$10,927,989$3,148,350$2,025,325$7,766,964
60$11,929,622$3,189,597$1,980,152$8,367,692
61$13,029,862$3,229,306$1,929,905$9,026,414
62$14,238,654$3,267,288$1,874,303$9,749,044
63$15,566,955$3,303,343$1,813,051$10,542,099
64$17,026,835$3,337,258$1,745,839$11,412,768
65$18,631,592$3,368,804$1,672,344$12,368,976
66$20,395,878$3,397,738$1,592,231$13,419,460
67$22,335,832$3,423,802$1,505,145$14,573,856
68$24,469,238$3,446,720$1,410,719$15,842,785
69$26,815,689$3,466,197$1,308,567$17,237,957
70$29,396,771$3,481,923$1,198,286$18,772,285
71$32,236,269$3,493,565$1,079,456$20,460,001
72$35,360,388$3,500,769$951,637$22,316,798
73$38,798,002$3,503,161$814,371$24,359,977
74$42,580,924$3,500,342$667,179$26,608,610
75$46,744,209$3,491,889$509,560$29,083,722
76$51,326,480$3,477,353$340,991$31,808,492
77$56,370,294$3,456,257$160,928$34,808,470
78$61,922,546$3,428,096$0$38,111,824
79$68,034,906$3,392,332$0$41,759,268
80$74,764,309$3,348,399$0$45,829,134
81$82,173,490$3,295,693$0$50,309,497
82$90,331,580$3,233,575$0$55,242,146
83$99,314,751$3,161,371$0$60,673,135
84$109,206,941$3,078,363$0$66,653,216
85$120,100,639$2,983,793$0$73,238,320
86$132,097,764$2,876,859$0$80,490,082
87$145,310,622$2,756,711$0$88,476,427
88$159,862,966$2,622,450$0$97,272,209
89$175,891,166$2,473,127$0$106,959,920
90$193,545,490$2,307,736$0$117,630,469
91$212,991,528$2,125,213$0$129,384,037
92$234,411,751$1,924,435$0$142,331,031
93$258,007,231$1,704,215$0$156,593,118
94$283,999,543$1,463,296$0$172,304,383
95$312,632,852$1,200,353$0$189,612,589
96$344,176,217$913,984$0$208,680,575
97$378,926,132$602,710$0$229,687,797
98$417,209,322$264,967$0$252,832,016
99$459,385,828$0$0$278,331,175
100$505,852,405$0$0$306,443,215