Can I retire at age 40 with 2,200,000?

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 $2,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$181,674$180,056$178,477$176,936$175,431$170,156
2 years$89,938$88,263$86,639$85,065$83,539$78,269
3 years$59,363$57,681$56,061$54,502$53,000$47,901
4 years$44,078$42,401$40,798$39,266$37,800$32,910
5 years$34,910$33,243$31,661$30,160$28,735$24,067
6 years$28,800$27,146$25,587$24,119$22,737$18,296
7 years$24,437$22,797$21,263$19,830$18,491$14,277
8 years$21,167$19,541$18,033$16,635$15,340$11,350
9 years$18,624$17,014$15,531$14,169$12,919$9,148
10 years$16,592$14,997$13,541$12,214$11,007$7,451
11 years$14,930$13,351$11,921$10,630$9,467$6,118
12 years$13,546$11,983$10,580$9,324$8,204$5,057
13 years$12,375$10,829$9,452$8,231$7,154$4,201
14 years$11,373$9,843$8,493$7,307$6,271$3,505
15 years$10,505$8,992$7,668$6,516$5,521$2,934
16 years$9,747$8,250$6,952$5,835$4,880$2,463
17 years$9,078$7,598$6,326$5,243$4,327$2,072
18 years$8,485$7,021$5,775$4,725$3,847$1,747
19 years$7,954$6,507$5,287$4,269$3,429$1,475
20 years$7,477$6,047$4,852$3,866$3,063$1,247
21 years$7,046$5,632$4,463$3,509$2,741$1,056
22 years$6,655$5,257$4,113$3,191$2,457$895
23 years$6,298$4,917$3,798$2,906$2,205$759
24 years$5,972$4,607$3,512$2,650$1,982$644
25 years$5,672$4,323$3,253$2,420$1,784$547
26 years$5,396$4,063$3,017$2,213$1,607$464
27 years$5,140$3,824$2,802$2,026$1,449$395
28 years$4,903$3,603$2,604$1,856$1,307$335
29 years$4,683$3,399$2,424$1,702$1,180$285
30 years$4,478$3,210$2,258$1,562$1,066$243
31 years$4,287$3,035$2,105$1,434$964$206
32 years$4,108$2,872$1,964$1,318$872$176
33 years$3,940$2,719$1,833$1,212$789$149
34 years$3,782$2,577$1,713$1,115$715$127
35 years$3,634$2,445$1,602$1,027$647$108
36 years$3,494$2,320$1,498$946$586$92
37 years$3,362$2,204$1,402$871$532$78
38 years$3,238$2,094$1,313$803$482$67
39 years$3,120$1,992$1,230$740$437$57
40 years$3,008$1,895$1,153$683$396$48
41 years$2,902$1,804$1,081$630$360$41
42 years$2,801$1,718$1,014$582$326$35
43 years$2,705$1,637$952$537$296$30
44 years$2,614$1,560$893$496$269$25
45 years$2,527$1,488$839$458$244$22
46 years$2,444$1,419$788$423$222$18
47 years$2,365$1,354$740$391$201$16
48 years$2,289$1,293$696$361$183$13
49 years$2,217$1,235$654$334$166$11
50 years$2,148$1,179$615$308$151$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,200,000, adding $5,154 every year, while hoping to spend $50,733 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: 30/48/22 Blend
39$2,200,000$2,200,000$2,200,000$2,200,000
40$2,429,716$2,313,116$2,279,016$2,485,818
41$2,623,568$2,372,480$2,301,384$2,588,527
42$2,835,492$2,433,051$2,322,800$2,694,062
43$3,067,278$2,494,837$2,343,180$2,806,543
44$3,320,898$2,557,841$2,362,434$2,926,602
45$3,598,520$2,622,066$2,380,466$3,054,938
46$3,902,535$2,687,513$2,397,178$3,192,317
47$4,235,574$2,754,182$2,412,464$3,339,586
48$4,600,535$2,822,069$2,426,214$3,497,677
49$5,000,609$2,891,170$2,438,311$3,667,616
50$5,439,312$2,961,478$2,448,635$3,850,534
51$5,920,514$3,032,983$2,457,057$4,047,677
52$6,448,481$3,105,673$2,463,443$4,260,418
53$7,027,908$3,179,533$2,467,650$4,490,270
54$7,663,970$3,254,546$2,469,532$4,738,902
55$8,362,366$3,330,689$2,468,932$5,008,152
56$9,129,373$3,407,938$2,465,687$5,300,044
57$9,971,907$3,486,266$2,459,625$5,616,814
58$10,897,587$3,565,638$2,450,568$5,960,921
59$11,914,805$3,646,019$2,438,327$6,335,081
60$13,032,808$3,727,366$2,422,704$6,742,283
61$14,261,782$3,809,635$2,403,492$7,185,827
62$15,612,950$3,892,773$2,380,475$7,669,345
63$17,098,676$3,976,724$2,353,426$8,196,847
64$18,732,581$4,061,424$2,322,106$8,772,751
65$20,529,675$4,146,804$2,286,267$9,401,925
66$22,506,493$4,232,789$2,245,648$10,089,741
67$24,681,255$4,319,295$2,199,977$10,842,117
68$27,074,034$4,406,231$2,148,967$11,665,580
69$29,706,948$4,493,499$2,092,320$12,567,324
70$32,604,367$4,580,991$2,029,723$13,555,282
71$35,793,143$4,668,591$1,960,849$14,638,196
72$39,302,863$4,756,171$1,885,357$15,825,708
73$43,166,127$4,843,595$1,802,889$17,128,446
74$47,418,857$4,930,716$1,713,070$18,558,126
75$52,100,633$5,017,375$1,615,511$20,127,664
76$57,255,070$5,103,398$1,509,803$21,851,301
77$62,930,225$5,188,602$1,395,519$23,744,734
78$69,179,052$5,272,788$1,272,214$25,825,269
79$76,059,903$5,355,743$1,139,421$28,111,984
80$83,637,076$5,437,237$996,654$30,625,910
81$91,981,420$5,517,024$843,404$33,390,231
82$101,171,009$5,594,842$679,142$36,430,505
83$111,291,871$5,670,408$503,313$39,774,906
84$122,438,806$5,743,423$315,338$43,454,491
85$134,716,276$5,813,562$114,613$47,503,497
86$148,239,393$5,880,483$0$51,959,664
87$163,135,002$5,943,818$0$56,887,971
88$179,542,881$6,003,174$0$62,341,129
89$197,617,060$6,058,135$0$68,342,914
90$217,527,271$6,108,253$0$74,949,216
91$239,460,551$6,153,056$0$82,221,628
92$263,623,008$6,192,038$0$90,228,035
93$290,241,768$6,224,660$0$99,043,251
94$319,567,110$6,250,350$0$108,749,730
95$351,874,839$6,268,501$0$119,438,345
96$387,468,881$6,278,466$0$131,209,247
97$426,684,154$6,279,558$0$144,172,813
98$469,889,728$6,271,046$0$158,450,688
99$517,492,310$6,252,157$0$174,176,939
100$569,940,080$6,222,068$0$191,499,317