Can I retire at age 40 with 2,410,000?

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 $2,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$199,016$197,243$195,513$193,825$192,177$185,432
2 years$98,523$96,688$94,909$93,185$91,513$84,788
3 years$65,029$63,186$61,413$59,705$58,059$51,567
4 years$48,286$46,449$44,693$43,014$41,408$35,197
5 years$38,243$36,416$34,683$33,039$31,478$25,564
6 years$31,549$29,737$28,029$26,421$24,908$19,296
7 years$26,770$24,973$23,292$21,722$20,256$14,946
8 years$23,187$21,406$19,754$18,222$16,805$11,790
9 years$20,402$18,638$17,014$15,521$14,152$9,428
10 years$18,175$16,429$14,833$13,380$12,058$7,616
11 years$16,355$14,625$13,059$11,644$10,370$6,202
12 years$14,839$13,127$11,589$10,214$8,987$5,082
13 years$13,557$11,863$10,354$9,017$7,837$4,185
14 years$12,459$10,783$9,303$8,004$6,870$3,460
15 years$11,508$9,851$8,400$7,138$6,049$2,869
16 years$10,677$9,038$7,616$6,392$5,346$2,386
17 years$9,945$8,323$6,930$5,743$4,740$1,989
18 years$9,294$7,691$6,326$5,176$4,214$1,660
19 years$8,713$7,128$5,791$4,677$3,756$1,388
20 years$8,191$6,624$5,315$4,236$3,355$1,162
21 years$7,719$6,170$4,889$3,844$3,003$974
22 years$7,290$5,759$4,506$3,495$2,691$817
23 years$6,899$5,387$4,160$3,183$2,416$686
24 years$6,542$5,047$3,848$2,903$2,172$576
25 years$6,213$4,736$3,564$2,651$1,954$484
26 years$5,911$4,451$3,305$2,424$1,760$407
27 years$5,631$4,189$3,069$2,219$1,587$342
28 years$5,371$3,947$2,853$2,033$1,432$288
29 years$5,130$3,724$2,655$1,864$1,293$242
30 years$4,906$3,517$2,473$1,711$1,168$204
31 years$4,696$3,325$2,306$1,571$1,056$171
32 years$4,500$3,146$2,151$1,444$955$144
33 years$4,316$2,979$2,008$1,328$865$122
34 years$4,143$2,823$1,877$1,222$783$102
35 years$3,981$2,678$1,755$1,125$709$86
36 years$3,828$2,542$1,641$1,036$642$73
37 years$3,683$2,414$1,536$954$582$61
38 years$3,547$2,294$1,439$880$528$51
39 years$3,417$2,182$1,348$811$479$43
40 years$3,295$2,076$1,263$748$434$37
41 years$3,179$1,976$1,185$690$394$31
42 years$3,068$1,882$1,111$637$357$26
43 years$2,963$1,793$1,043$588$324$22
44 years$2,863$1,709$979$543$294$18
45 years$2,768$1,630$919$501$267$15
46 years$2,677$1,555$863$463$243$13
47 years$2,591$1,484$811$428$220$11
48 years$2,508$1,416$762$395$200$9
49 years$2,429$1,353$716$365$182$8
50 years$2,353$1,292$673$338$165$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,410,000, adding $7,000 every year, while hoping to spend $41,982 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: 62/17/21 Blend
39$2,410,000$2,410,000$2,410,000$2,410,000
40$2,663,041$2,535,311$2,497,956$2,813,194
41$2,890,002$2,614,872$2,536,968$2,994,997
42$3,138,707$2,696,925$2,575,881$3,188,111
43$3,411,328$2,781,548$2,614,646$3,397,995
44$3,710,259$2,868,820$2,653,213$3,626,288
45$4,038,137$2,958,823$2,691,527$3,874,795
46$4,397,866$3,051,644$2,729,532$4,145,502
47$4,792,644$3,147,371$2,767,167$4,440,598
48$5,225,995$3,246,093$2,804,368$4,762,493
49$5,701,799$3,347,904$2,841,067$5,113,840
50$6,224,332$3,452,901$2,877,192$5,497,561
51$6,798,303$3,561,182$2,912,668$5,916,877
52$7,428,900$3,672,850$2,947,412$6,375,332
53$8,121,840$3,788,012$2,981,342$6,876,832
54$8,883,417$3,906,774$3,014,367$7,425,679
55$9,720,570$4,029,250$3,046,393$8,026,612
56$10,640,940$4,155,556$3,077,319$8,684,853
57$11,652,948$4,285,809$3,107,041$9,406,152
58$12,765,869$4,420,134$3,135,447$10,196,845
59$13,989,924$4,558,658$3,162,421$11,063,913
60$15,336,374$4,701,509$3,187,840$12,015,046
61$16,817,625$4,848,824$3,211,573$13,058,717
62$18,447,347$5,000,742$3,233,486$14,204,262
63$20,240,603$5,157,404$3,253,434$15,461,965
64$22,213,986$5,318,959$3,271,266$16,843,159
65$24,385,784$5,485,559$3,286,824$18,360,329
66$26,776,142$5,657,360$3,299,941$20,027,235
67$29,407,262$5,834,524$3,310,443$21,859,035
68$32,303,605$6,017,218$3,318,145$23,872,431
69$35,492,124$6,205,613$3,322,854$26,085,829
70$39,002,519$6,399,886$3,324,368$28,519,508
71$42,867,516$6,600,220$3,322,474$31,195,815
72$47,123,174$6,806,802$3,316,948$34,139,372
73$51,809,229$7,019,827$3,307,558$37,377,312
74$56,969,467$7,239,495$3,294,057$40,939,534
75$62,652,132$7,466,010$3,276,188$44,858,982
76$68,910,391$7,699,586$3,253,681$49,171,961
77$75,802,826$7,940,440$3,226,254$53,918,475
78$83,393,992$8,188,799$3,193,611$59,142,606
79$91,755,024$8,444,895$3,155,442$64,892,932
80$100,964,309$8,708,968$3,111,422$71,222,981
81$111,108,224$8,981,263$3,061,211$78,191,742
82$122,281,954$9,262,036$3,004,452$85,864,215
83$134,590,386$9,551,549$2,940,774$94,312,031
84$148,149,102$9,850,071$2,869,787$103,614,124
85$163,085,468$10,157,882$2,791,082$113,857,476
86$179,539,835$10,475,268$2,704,233$125,137,941
87$197,666,867$10,802,525$2,608,793$137,561,147
88$217,636,996$11,139,957$2,504,296$151,243,493
89$239,638,033$11,487,879$2,390,254$166,313,251
90$263,876,942$11,846,614$2,266,157$182,911,772
91$290,581,787$12,216,496$2,131,471$201,194,826
92$320,003,893$12,597,868$1,985,639$221,334,067
93$352,420,211$12,991,084$1,828,078$243,518,656
94$388,135,935$13,396,509$1,658,181$267,957,048
95$427,487,382$13,814,519$1,475,312$294,878,957
96$470,845,166$14,245,502$1,278,806$324,537,528
97$518,617,697$14,689,856$1,067,970$357,211,725
98$571,255,036$15,147,993$842,081$393,208,962
99$629,253,141$15,620,336$600,382$432,868,011
100$693,158,550$16,107,321$342,084$476,562,195