Can I retire at age 40 with 2,250,000?

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 $2,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$185,803$184,148$182,533$180,957$179,418$176,301
2 years$91,982$90,269$88,608$86,999$85,437$82,307
3 years$60,712$58,991$57,335$55,741$54,205$51,159
4 years$45,080$43,365$41,726$40,158$38,659$35,721
5 years$35,704$33,999$32,381$30,845$29,388$26,566
6 years$29,455$27,762$26,168$24,667$23,254$20,551
7 years$24,993$23,315$21,746$20,280$18,912$16,329
8 years$21,648$19,985$18,442$17,013$15,689$13,226
9 years$19,048$17,401$15,884$14,491$13,212$10,867
10 years$16,969$15,338$13,848$12,491$11,258$9,029
11 years$15,269$13,654$12,192$10,871$9,682$7,567
12 years$13,853$12,255$10,820$9,536$8,390$6,386
13 years$12,657$11,075$9,667$8,418$7,316$5,420
14 years$11,632$10,067$8,686$7,473$6,414$4,622
15 years$10,744$9,197$7,842$6,665$5,647$3,956
16 years$9,968$8,438$7,110$5,967$4,991$3,397
17 years$9,285$7,771$6,470$5,362$4,425$2,926
18 years$8,677$7,181$5,906$4,832$3,935$2,525
19 years$8,135$6,655$5,407$4,366$3,507$2,184
20 years$7,647$6,184$4,962$3,954$3,133$1,892
21 years$7,206$5,760$4,564$3,589$2,803$1,641
22 years$6,806$5,377$4,207$3,263$2,513$1,425
23 years$6,441$5,029$3,884$2,972$2,256$1,239
24 years$6,108$4,712$3,592$2,710$2,027$1,079
25 years$5,801$4,422$3,327$2,475$1,824$939
26 years$5,518$4,156$3,086$2,263$1,643$819
27 years$5,257$3,911$2,865$2,072$1,482$714
28 years$5,015$3,685$2,664$1,898$1,337$623
29 years$4,790$3,477$2,479$1,741$1,207$544
30 years$4,580$3,283$2,309$1,597$1,091$475
31 years$4,384$3,104$2,152$1,467$986$415
32 years$4,201$2,937$2,008$1,348$892$363
33 years$4,029$2,781$1,875$1,240$807$317
34 years$3,868$2,636$1,752$1,141$731$277
35 years$3,716$2,500$1,638$1,050$662$242
36 years$3,574$2,373$1,532$967$600$212
37 years$3,439$2,254$1,434$891$544$185
38 years$3,311$2,142$1,343$821$493$162
39 years$3,190$2,037$1,258$757$447$142
40 years$3,076$1,938$1,179$699$405$124
41 years$2,968$1,845$1,106$644$368$109
42 years$2,865$1,757$1,037$595$334$95
43 years$2,767$1,674$973$549$303$83
44 years$2,673$1,596$914$507$275$73
45 years$2,584$1,522$858$468$250$64
46 years$2,500$1,451$806$432$227$56
47 years$2,419$1,385$757$400$206$49
48 years$2,341$1,322$711$369$187$43
49 years$2,268$1,263$669$341$170$37
50 years$2,197$1,206$629$315$154$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,250,000, adding $5,193 every year, while hoping to spend $56,941 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: 64/10/26 Blend
39$2,250,000$2,250,000$2,250,000$2,250,000
40$2,484,857$2,365,607$2,330,732$2,626,540
41$2,677,727$2,420,937$2,348,226$2,778,275
42$2,888,362$2,477,069$2,364,399$2,937,216
43$3,118,513$2,533,984$2,379,144$3,109,625
44$3,370,109$2,591,657$2,392,353$3,296,830
45$3,645,274$2,650,061$2,403,910$3,500,296
46$3,946,344$2,709,167$2,413,694$3,721,634
47$4,275,896$2,768,940$2,421,577$3,962,625
48$4,636,763$2,829,344$2,427,425$4,225,226
49$5,032,067$2,890,336$2,431,098$4,511,598
50$5,465,246$2,951,871$2,432,449$4,824,122
51$5,940,087$3,013,898$2,431,321$5,165,420
52$6,460,759$3,076,362$2,427,554$5,538,385
53$7,031,855$3,139,203$2,420,976$5,946,204
54$7,658,434$3,202,354$2,411,408$6,392,390
55$8,346,068$3,265,743$2,398,664$6,880,815
56$9,100,895$3,329,292$2,382,548$7,415,747
57$9,929,675$3,392,917$2,362,852$8,001,891
58$10,839,857$3,456,524$2,339,362$8,644,431
59$11,839,643$3,520,015$2,311,851$9,349,083
60$12,938,072$3,583,281$2,280,084$10,122,147
61$14,145,101$3,646,208$2,243,813$10,970,566
62$15,471,699$3,708,669$2,202,777$11,901,995
63$16,929,948$3,770,530$2,156,707$12,924,867
64$18,533,164$3,831,647$2,105,318$14,048,484
65$20,296,013$3,891,864$2,048,312$15,283,092
66$22,234,655$3,951,014$1,985,379$16,639,988
67$24,366,895$4,008,919$1,916,195$18,131,625
68$26,712,349$4,065,387$1,840,418$19,771,726
69$29,292,631$4,120,212$1,757,693$21,575,417
70$32,131,553$4,173,176$1,667,650$23,559,371
71$35,255,354$4,224,045$1,569,899$25,741,964
72$38,692,943$4,272,566$1,464,034$28,143,452
73$42,476,176$4,318,474$1,349,631$30,786,159
74$46,640,149$4,361,483$1,226,248$33,694,690
75$51,223,537$4,401,289$1,093,420$36,896,164
76$56,268,953$4,437,567$950,664$40,420,473
77$61,823,350$4,469,972$797,475$44,300,560
78$67,938,467$4,498,136$633,326$48,572,735
79$74,671,314$4,521,668$457,666$53,277,019
80$82,084,710$4,540,151$269,920$58,457,517
81$90,247,875$4,553,143$69,487$64,162,843
82$99,237,085$4,560,173$0$70,446,575
83$109,136,387$4,560,742$0$77,407,826
84$120,038,398$4,554,317$0$85,094,789
85$132,045,172$4,540,336$0$93,560,086
86$145,269,167$4,518,200$0$102,882,965
87$159,834,304$4,487,274$0$113,150,758
88$175,877,137$4,446,884$0$124,459,701
89$193,548,140$4,396,317$0$136,915,846
90$213,013,130$4,334,815$0$150,636,057
91$234,454,825$4,261,577$0$165,749,117
92$258,074,575$4,175,753$0$182,396,944
93$284,094,259$4,076,442$0$200,735,927
94$312,758,376$3,962,691$0$220,938,406
95$344,336,359$3,833,491$0$243,194,298
96$379,125,110$3,687,774$0$267,712,889
97$417,451,806$3,524,410$0$294,724,810
98$459,676,987$3,342,203$0$324,484,215
99$506,197,957$3,139,888$0$357,271,179
100$557,452,534$2,916,128$0$393,394,347