Can I retire at age 40 with 2,290,000?

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 $2,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$189,106$187,422$185,778$184,174$182,608$178,556
2 years$93,617$91,873$90,184$88,545$86,956$82,895
3 years$61,791$60,040$58,355$56,732$55,169$51,225
4 years$45,882$44,136$42,467$40,872$39,347$35,551
5 years$36,338$34,603$32,956$31,394$29,911$26,274
6 years$29,978$28,256$26,634$25,106$23,667$20,193
7 years$25,437$23,729$22,133$20,641$19,248$15,936
8 years$22,033$20,340$18,770$17,315$15,968$12,818
9 years$19,386$17,710$16,167$14,749$13,447$10,457
10 years$17,270$15,611$14,095$12,713$11,458$8,624
11 years$15,540$13,897$12,409$11,065$9,854$7,173
12 years$14,100$12,473$11,012$9,705$8,539$6,007
13 years$12,882$11,272$9,839$8,568$7,446$5,058
14 years$11,838$10,246$8,840$7,606$6,528$4,278
15 years$10,935$9,360$7,982$6,783$5,747$3,631
16 years$10,146$8,588$7,236$6,073$5,080$3,092
17 years$9,450$7,909$6,585$5,457$4,504$2,640
18 years$8,832$7,308$6,011$4,918$4,005$2,259
19 years$8,279$6,773$5,503$4,444$3,569$1,936
20 years$7,783$6,294$5,050$4,025$3,188$1,662
21 years$7,334$5,863$4,645$3,653$2,853$1,429
22 years$6,927$5,472$4,281$3,321$2,557$1,230
23 years$6,556$5,118$3,953$3,025$2,296$1,059
24 years$6,216$4,796$3,656$2,759$2,063$913
25 years$5,904$4,500$3,386$2,519$1,857$788
26 years$5,616$4,230$3,140$2,303$1,673$680
27 years$5,350$3,981$2,916$2,108$1,508$587
28 years$5,104$3,751$2,711$1,932$1,361$508
29 years$4,875$3,539$2,523$1,771$1,229$439
30 years$4,661$3,342$2,350$1,626$1,110$379
31 years$4,462$3,159$2,191$1,493$1,004$328
32 years$4,276$2,989$2,044$1,372$908$284
33 years$4,101$2,831$1,908$1,262$822$246
34 years$3,937$2,683$1,783$1,161$744$213
35 years$3,783$2,545$1,667$1,069$674$184
36 years$3,637$2,415$1,560$984$610$159
37 years$3,500$2,294$1,460$907$553$138
38 years$3,370$2,180$1,367$836$502$119
39 years$3,247$2,073$1,281$771$455$103
40 years$3,131$1,972$1,200$711$413$90
41 years$3,020$1,877$1,126$656$374$78
42 years$2,916$1,788$1,056$605$340$67
43 years$2,816$1,704$991$559$308$58
44 years$2,721$1,624$930$516$280$50
45 years$2,630$1,549$873$477$254$44
46 years$2,544$1,477$820$440$231$38
47 years$2,462$1,410$771$407$209$33
48 years$2,383$1,346$724$376$190$28
49 years$2,308$1,285$681$347$173$25
50 years$2,236$1,228$640$321$157$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,290,000, adding $3,816 every year, while hoping to spend $56,751 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: 67/16/17 Blend
39$2,290,000$2,290,000$2,290,000$2,290,000
40$2,527,516$2,406,146$2,370,651$2,686,203
41$2,724,940$2,463,665$2,389,685$2,850,233
42$2,940,599$2,522,100$2,407,455$3,022,549
43$3,176,294$2,581,436$2,423,858$3,209,573
44$3,434,006$2,641,656$2,438,787$3,412,748
45$3,715,916$2,702,739$2,452,129$3,633,661
46$4,024,428$2,764,662$2,463,764$3,874,061
47$4,362,188$2,827,398$2,473,567$4,135,877
48$4,732,108$2,890,917$2,481,409$4,421,229
49$5,137,396$2,955,186$2,487,149$4,732,459
50$5,581,586$3,020,165$2,490,644$5,072,142
51$6,068,569$3,085,815$2,491,742$5,443,119
52$6,602,631$3,152,087$2,490,283$5,848,517
53$7,188,491$3,218,932$2,486,100$6,291,784
54$7,831,350$3,286,292$2,479,017$6,776,720
55$8,536,934$3,354,106$2,468,850$7,307,509
56$9,311,550$3,422,307$2,455,406$7,888,765
57$10,162,150$3,490,821$2,438,483$8,525,571
58$11,096,386$3,559,568$2,417,869$9,223,527
59$12,122,691$3,628,462$2,393,342$9,988,807
60$13,250,356$3,697,406$2,364,669$10,828,213
61$14,489,614$3,766,301$2,331,607$11,749,242
62$15,851,739$3,835,034$2,293,901$12,760,155
63$17,349,153$3,903,487$2,251,283$13,870,055
64$18,995,540$3,971,532$2,203,474$15,088,978
65$20,805,977$4,039,029$2,150,183$16,427,979
66$22,797,075$4,105,829$2,091,102$17,899,246
67$24,987,134$4,171,772$2,025,911$19,516,207
68$27,396,320$4,236,687$1,954,277$21,293,663
69$30,046,848$4,300,388$1,875,849$23,247,926
70$32,963,197$4,362,678$1,790,260$25,396,971
71$36,172,338$4,423,344$1,697,129$27,760,611
72$39,703,989$4,482,160$1,596,055$30,360,678
73$43,590,894$4,538,884$1,486,621$33,221,236
74$47,869,131$4,593,255$1,368,389$36,368,803
75$52,578,455$4,644,998$1,240,903$39,832,605
76$57,762,671$4,693,816$1,103,687$43,644,851
77$63,470,045$4,739,395$956,242$47,841,039
78$69,753,762$4,781,398$798,048$52,460,291
79$76,672,426$4,819,466$628,563$57,545,719
80$84,290,613$4,853,219$447,219$63,144,841
81$92,679,479$4,882,251$253,425$69,310,023
82$101,917,433$4,906,128$46,562$76,098,975
83$112,090,875$4,924,392$0$83,575,301
84$123,295,011$4,936,554$0$91,840,692
85$135,634,750$4,942,093$0$100,951,868
86$149,225,698$4,940,460$0$110,985,636
87$164,195,244$4,931,066$0$122,035,953
88$180,683,761$4,913,291$0$134,206,358
89$198,845,936$4,886,473$0$147,610,951
90$218,852,224$4,849,913$0$162,375,467
91$240,890,460$4,802,868$0$178,638,466
92$265,167,629$4,744,550$0$196,552,641
93$291,911,818$4,674,124$0$216,286,258
94$321,374,373$4,590,706$0$238,024,744
95$353,832,266$4,493,358$0$261,972,443
96$389,590,712$4,381,087$0$288,354,538
97$428,986,048$4,252,843$0$317,419,183
98$472,388,906$4,107,514$0$349,439,844
99$520,207,713$3,943,921$0$384,717,879
100$572,892,546$3,760,819$0$423,585,389