Can I retire at age 40 with 2,310,000?

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 $2,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$190,758$189,058$187,401$185,783$184,203$177,385
2 years$94,434$92,676$90,971$89,319$87,716$80,924
3 years$62,331$60,565$58,864$57,227$55,650$49,098
4 years$46,282$44,521$42,838$41,229$39,690$33,428
5 years$36,656$34,905$33,244$31,668$30,172$24,215
6 years$30,240$28,503$26,866$25,325$23,874$18,227
7 years$25,659$23,937$22,326$20,821$19,416$14,078
8 years$22,225$20,518$18,934$17,466$16,107$11,073
9 years$19,556$17,865$16,308$14,877$13,565$8,827
10 years$17,421$15,747$14,218$12,824$11,558$7,109
11 years$15,676$14,019$12,517$11,161$9,940$5,770
12 years$14,223$12,582$11,109$9,790$8,614$4,712
13 years$12,994$11,371$9,925$8,643$7,512$3,867
14 years$11,942$10,336$8,917$7,672$6,585$3,186
15 years$11,031$9,442$8,051$6,842$5,798$2,633
16 years$10,234$8,663$7,300$6,127$5,124$2,182
17 years$9,532$7,978$6,642$5,505$4,543$1,811
18 years$8,909$7,372$6,064$4,961$4,040$1,507
19 years$8,352$6,832$5,551$4,482$3,601$1,255
20 years$7,851$6,349$5,094$4,060$3,216$1,047
21 years$7,398$5,914$4,686$3,684$2,878$874
22 years$6,988$5,520$4,319$3,350$2,580$730
23 years$6,613$5,163$3,988$3,051$2,316$610
24 years$6,270$4,837$3,688$2,783$2,081$511
25 years$5,956$4,540$3,416$2,541$1,873$427
26 years$5,665$4,267$3,168$2,324$1,687$358
27 years$5,397$4,015$2,942$2,127$1,521$300
28 years$5,148$3,784$2,735$1,949$1,372$251
29 years$4,917$3,569$2,545$1,787$1,239$210
30 years$4,702$3,371$2,370$1,640$1,120$176
31 years$4,501$3,187$2,210$1,506$1,012$148
32 years$4,313$3,015$2,062$1,384$916$124
33 years$4,137$2,855$1,925$1,273$829$104
34 years$3,971$2,706$1,799$1,171$750$87
35 years$3,816$2,567$1,682$1,078$680$73
36 years$3,669$2,436$1,573$993$616$61
37 years$3,530$2,314$1,472$915$558$51
38 years$3,399$2,199$1,379$843$506$43
39 years$3,276$2,091$1,292$778$459$36
40 years$3,158$1,990$1,211$717$416$30
41 years$3,047$1,894$1,135$662$378$25
42 years$2,941$1,804$1,065$611$343$21
43 years$2,840$1,719$999$564$311$18
44 years$2,745$1,638$938$520$282$15
45 years$2,653$1,562$881$481$256$13
46 years$2,566$1,490$827$444$233$11
47 years$2,483$1,422$777$410$211$9
48 years$2,404$1,358$730$379$192$7
49 years$2,328$1,296$687$350$174$6
50 years$2,255$1,238$645$324$158$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,310,000, adding $3,876 every year, while hoping to spend $59,470 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: 58/35/7 Blend
39$2,310,000$2,310,000$2,310,000$2,310,000
40$2,549,618$2,427,188$2,391,383$2,693,446
41$2,746,404$2,482,845$2,408,219$2,846,167
42$2,961,268$2,539,235$2,423,625$3,005,475
43$3,195,992$2,596,333$2,437,492$3,177,630
44$3,452,538$2,654,108$2,449,703$3,363,866
45$3,733,064$2,712,526$2,460,135$3,565,542
46$4,039,947$2,771,550$2,468,660$3,784,154
47$4,375,805$2,831,139$2,475,143$4,021,351
48$4,743,519$2,891,247$2,479,442$4,278,948
49$5,146,264$2,951,824$2,481,409$4,558,944
50$5,587,534$3,012,815$2,480,888$4,863,542
51$6,071,178$3,074,159$2,477,714$5,195,169
52$6,601,437$3,135,791$2,471,715$5,556,497
53$7,182,978$3,197,640$2,462,713$5,950,472
54$7,820,945$3,259,627$2,450,516$6,380,338
55$8,521,002$3,321,669$2,434,929$6,849,672
56$9,289,387$3,383,674$2,415,742$7,362,412
57$10,132,974$3,445,543$2,392,739$7,922,900
58$11,059,332$3,507,170$2,365,691$8,535,918
59$12,076,803$3,568,440$2,334,360$9,206,739
60$13,194,572$3,629,229$2,298,496$9,941,170
61$14,422,760$3,689,403$2,257,838$10,745,613
62$15,772,517$3,748,819$2,212,111$11,627,122
63$17,256,127$3,807,325$2,161,030$12,593,472
64$18,887,122$3,864,753$2,104,294$13,653,229
65$20,680,410$3,920,928$2,041,590$14,815,835
66$22,652,418$3,975,659$1,972,589$16,091,697
67$24,821,243$4,028,745$1,896,949$17,492,281
68$27,206,824$4,079,968$1,814,311$19,030,228
69$29,831,129$4,129,095$1,724,300$20,719,467
70$32,718,363$4,175,880$1,626,523$22,575,348
71$35,895,196$4,220,058$1,520,571$24,614,793
72$39,391,012$4,261,347$1,406,016$26,856,448
73$43,238,188$4,299,445$1,282,410$29,320,865
74$47,472,399$4,334,034$1,149,287$32,030,694
75$52,132,952$4,364,770$1,006,157$35,010,900
76$57,263,161$4,391,292$852,510$38,288,996
77$62,910,749$4,413,211$687,815$41,895,305
78$69,128,304$4,430,116$511,516$45,863,249
79$75,973,770$4,441,571$323,030$50,229,660
80$83,510,997$4,447,110$121,754$55,035,136
81$91,810,339$4,446,240$0$60,324,417
82$100,949,323$4,438,435$0$66,153,765
83$111,013,375$4,423,139$0$72,580,733
84$122,096,628$4,399,761$0$79,656,168
85$134,302,808$4,367,674$0$87,446,137
86$147,746,218$4,326,213$0$96,023,454
87$162,552,808$4,274,673$0$105,468,361
88$178,861,368$4,212,306$0$115,869,296
89$196,824,840$4,138,321$0$127,323,718
90$216,611,753$4,051,879$0$139,939,040
91$238,407,821$3,952,090$0$153,833,635
92$262,417,691$3,838,014$0$169,137,960
93$288,866,874$3,708,655$0$185,995,787
94$318,003,874$3,562,959$0$204,565,563
95$350,102,535$3,399,810$0$225,021,908
96$385,464,621$3,218,028$0$247,557,264
97$424,422,666$3,016,365$0$272,383,717
98$467,343,112$2,793,501$0$299,734,996
99$514,629,768$2,548,040$0$329,868,688
100$566,727,618$2,278,509$0$363,068,668