Can I retire at age 40 with 2,210,000?

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 $2,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$182,500$180,874$179,288$177,740$176,229$175,486
2 years$90,346$88,664$87,033$85,452$83,918$83,169
3 years$59,633$57,943$56,316$54,750$53,241$52,508
4 years$44,279$42,594$40,984$39,444$37,972$37,260
5 years$35,069$33,394$31,805$30,297$28,866$28,178
6 years$28,931$27,269$25,703$24,229$22,841$22,177
7 years$24,548$22,900$21,359$19,920$18,575$17,937
8 years$21,263$19,630$18,115$16,710$15,410$14,797
9 years$18,709$17,091$15,602$14,233$12,978$12,390
10 years$16,667$15,065$13,602$12,269$11,058$10,494
11 years$14,997$13,412$11,975$10,678$9,510$8,971
12 years$13,607$12,038$10,628$9,366$8,241$7,726
13 years$12,432$10,878$9,495$8,269$7,186$6,695
14 years$11,425$9,888$8,531$7,340$6,300$5,831
15 years$10,553$9,033$7,703$6,546$5,547$5,101
16 years$9,791$8,288$6,984$5,861$4,902$4,478
17 years$9,119$7,633$6,355$5,266$4,347$3,943
18 years$8,523$7,053$5,801$4,746$3,865$3,482
19 years$7,990$6,537$5,311$4,288$3,445$3,082
20 years$7,511$6,074$4,874$3,884$3,077$2,733
21 years$7,078$5,658$4,483$3,525$2,753$2,428
22 years$6,685$5,281$4,132$3,205$2,468$2,161
23 years$6,327$4,940$3,815$2,919$2,216$1,925
24 years$5,999$4,628$3,528$2,662$1,991$1,718
25 years$5,698$4,343$3,268$2,431$1,792$1,534
26 years$5,420$4,082$3,031$2,223$1,614$1,371
27 years$5,163$3,842$2,814$2,035$1,455$1,226
28 years$4,926$3,620$2,616$1,864$1,313$1,098
29 years$4,705$3,415$2,435$1,710$1,186$984
30 years$4,499$3,225$2,268$1,569$1,071$882
31 years$4,306$3,049$2,114$1,441$969$791
32 years$4,126$2,885$1,973$1,324$876$710
33 years$3,958$2,732$1,842$1,218$793$637
34 years$3,799$2,589$1,721$1,120$718$572
35 years$3,650$2,456$1,609$1,031$650$514
36 years$3,510$2,331$1,505$950$589$462
37 years$3,377$2,214$1,409$875$534$415
38 years$3,252$2,104$1,319$807$484$373
39 years$3,134$2,001$1,236$744$439$335
40 years$3,021$1,903$1,158$686$398$302
41 years$2,915$1,812$1,086$633$361$271
42 years$2,814$1,726$1,019$584$328$244
43 years$2,717$1,644$956$539$297$220
44 years$2,626$1,567$898$498$270$198
45 years$2,539$1,494$843$460$245$178
46 years$2,455$1,426$792$425$223$160
47 years$2,376$1,361$744$392$202$144
48 years$2,300$1,299$699$363$184$130
49 years$2,227$1,240$657$335$167$117
50 years$2,158$1,185$618$310$151$105

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,210,000, adding $3,470 every year, while hoping to spend $27,794 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: 59/30/11 Blend
39$2,210,000$2,210,000$2,210,000$2,210,000
40$2,438,999$2,321,869$2,287,614$2,576,267
41$2,658,205$2,406,068$2,334,677$2,753,242
42$2,898,837$2,493,462$2,382,384$2,942,696
43$3,163,054$2,584,176$2,430,729$3,148,604
44$3,453,229$2,678,345$2,479,702$3,372,550
45$3,771,980$2,776,105$2,529,294$3,616,279
46$4,122,189$2,877,601$2,579,492$3,881,708
47$4,507,031$2,982,982$2,630,284$4,170,948
48$4,930,005$3,092,406$2,681,656$4,486,322
49$5,394,965$3,206,033$2,733,591$4,830,383
50$5,906,158$3,324,035$2,786,072$5,205,945
51$6,468,260$3,446,587$2,839,080$5,616,103
52$7,086,427$3,573,873$2,892,593$6,064,263
53$7,766,336$3,706,087$2,946,589$6,554,176
54$8,514,245$3,843,427$3,001,042$7,089,969
55$9,337,046$3,986,103$3,055,925$7,676,186
56$10,242,334$4,134,333$3,111,208$8,317,833
57$11,238,479$4,288,342$3,166,860$9,020,416
58$12,334,701$4,448,367$3,222,847$9,790,003
59$13,541,159$4,614,656$3,279,131$10,633,271
60$14,869,047$4,787,464$3,335,672$11,557,576
61$16,330,701$4,967,061$3,392,428$12,571,018
62$17,939,712$5,153,726$3,449,354$13,682,516
63$19,711,055$5,347,751$3,506,399$14,901,893
64$21,661,232$5,549,440$3,563,513$16,239,968
65$23,808,426$5,759,111$3,620,639$17,708,658
66$26,172,673$5,977,095$3,677,718$19,321,086
67$28,776,050$6,203,737$3,734,686$21,091,710
68$31,642,885$6,439,399$3,791,476$23,036,452
69$34,799,986$6,684,455$3,848,017$25,172,851
70$38,276,890$6,939,300$3,904,232$27,520,230
71$42,106,150$7,204,342$3,960,040$30,099,871
72$46,323,631$7,480,009$4,015,355$32,935,220
73$50,968,860$7,766,748$4,070,088$36,052,105
74$56,085,388$8,065,023$4,124,141$39,478,979
75$61,721,210$8,375,322$4,177,412$43,247,189
76$67,929,212$8,698,151$4,229,794$47,391,267
77$74,767,673$9,034,041$4,281,172$51,949,259
78$82,300,810$9,383,544$4,331,427$56,963,080
79$90,599,394$9,747,239$4,380,431$62,478,909
80$99,741,406$10,125,727$4,428,048$68,547,624
81$109,812,780$10,519,639$4,474,139$75,225,279
82$120,908,214$10,929,631$4,518,553$82,573,635
83$133,132,059$11,356,391$4,561,133$90,660,738
84$146,599,311$11,800,635$4,601,711$99,561,562
85$161,436,686$12,263,112$4,640,115$109,358,712
86$177,783,828$12,744,605$4,676,158$120,143,206
87$195,794,617$13,245,929$4,709,649$132,015,331
88$215,638,627$13,767,939$4,740,381$145,085,584
89$237,502,725$14,311,525$4,768,141$159,475,720
90$261,592,832$14,877,619$4,792,703$175,319,892
91$288,135,873$15,467,194$4,813,830$192,765,922
92$317,381,911$16,081,266$4,831,273$211,976,688
93$349,606,516$16,720,898$4,844,770$233,131,664
94$385,113,356$17,387,198$4,854,046$256,428,608
95$424,237,075$18,081,326$4,858,813$282,085,430
96$467,346,440$18,804,495$4,858,767$310,342,244
97$514,847,832$19,557,971$4,853,591$341,463,632
98$567,189,076$20,343,076$4,842,951$375,741,141
99$624,863,670$21,161,195$4,826,498$413,496,029
100$688,415,444$22,013,773$4,803,865$455,082,296