Can I retire at age 40 with 2,450,000?

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 $2,450,000?

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$202,319$200,517$198,758$197,042$195,366$191,032
2 years$100,158$98,292$96,485$94,732$93,032$88,687
3 years$66,109$64,235$62,432$60,696$59,023$54,804
4 years$49,087$47,220$45,434$43,728$42,096$38,035
5 years$38,877$37,021$35,259$33,587$32,001$28,109
6 years$32,073$30,230$28,495$26,860$25,321$21,604
7 years$27,214$25,387$23,679$22,083$20,593$17,050
8 years$23,572$21,762$20,082$18,525$17,084$13,714
9 years$20,741$18,947$17,296$15,779$14,387$11,188
10 years$18,477$16,701$15,079$13,602$12,258$9,227
11 years$16,626$14,868$13,276$11,838$10,543$7,674
12 years$15,085$13,345$11,782$10,383$9,136$6,426
13 years$13,782$12,060$10,526$9,167$7,967$5,411
14 years$12,666$10,962$9,458$8,137$6,984$4,577
15 years$11,699$10,014$8,539$7,257$6,149$3,885
16 years$10,854$9,188$7,742$6,498$5,434$3,308
17 years$10,110$8,462$7,045$5,838$4,819$2,825
18 years$9,449$7,819$6,431$5,261$4,284$2,417
19 years$8,858$7,246$5,887$4,754$3,819$2,071
20 years$8,327$6,734$5,403$4,306$3,411$1,778
21 years$7,847$6,272$4,970$3,908$3,052$1,529
22 years$7,411$5,855$4,580$3,553$2,736$1,316
23 years$7,014$5,476$4,229$3,236$2,456$1,133
24 years$6,650$5,131$3,911$2,951$2,208$977
25 years$6,316$4,815$3,623$2,695$1,987$843
26 years$6,009$4,525$3,360$2,464$1,789$728
27 years$5,724$4,259$3,120$2,256$1,613$628
28 years$5,461$4,013$2,900$2,067$1,456$543
29 years$5,215$3,786$2,699$1,895$1,314$469
30 years$4,987$3,575$2,514$1,739$1,188$406
31 years$4,774$3,380$2,344$1,597$1,074$351
32 years$4,575$3,198$2,187$1,468$971$304
33 years$4,388$3,029$2,042$1,350$879$263
34 years$4,212$2,870$1,908$1,242$796$227
35 years$4,047$2,722$1,784$1,143$721$197
36 years$3,891$2,584$1,669$1,053$653$171
37 years$3,744$2,454$1,562$970$592$148
38 years$3,605$2,332$1,462$894$537$128
39 years$3,474$2,218$1,370$825$487$111
40 years$3,350$2,110$1,284$761$441$96
41 years$3,231$2,009$1,204$702$400$83
42 years$3,119$1,913$1,130$648$363$72
43 years$3,013$1,823$1,060$598$330$62
44 years$2,911$1,737$995$552$299$54
45 years$2,814$1,657$934$510$272$47
46 years$2,722$1,580$877$471$247$41
47 years$2,634$1,508$824$435$224$35
48 years$2,550$1,440$775$402$203$30
49 years$2,469$1,375$728$372$185$26
50 years$2,392$1,313$685$343$168$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,450,000, adding $5,044 every year, while hoping to spend $23,936 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: 59/18/23 Blend
39$2,450,000$2,450,000$2,450,000$2,450,000
40$2,705,103$2,575,253$2,537,278$2,847,788
41$2,955,556$2,675,973$2,596,809$3,046,148
42$3,230,752$2,780,825$2,657,532$3,259,370
43$3,533,192$2,889,988$2,719,462$3,491,406
44$3,865,626$3,003,647$2,782,613$3,744,086
45$4,231,089$3,121,994$2,846,999$4,019,421
46$4,632,920$3,245,232$2,912,634$4,319,625
47$5,074,801$3,373,572$2,979,531$4,647,134
48$5,560,788$3,507,234$3,047,702$5,004,630
49$6,095,349$3,646,449$3,117,161$5,395,065
50$6,683,407$3,791,457$3,187,918$5,821,687
51$7,330,386$3,942,510$3,259,985$6,288,074
52$8,042,264$4,099,871$3,333,372$6,798,164
53$8,825,624$4,263,814$3,408,090$7,356,292
54$9,687,723$4,434,627$3,484,146$7,967,233
55$10,636,556$4,612,609$3,561,550$8,636,242
56$11,680,931$4,798,073$3,640,308$9,369,110
57$12,830,555$4,991,347$3,720,428$10,172,209
58$14,096,123$5,192,775$3,801,913$11,052,561
59$15,489,420$5,402,713$3,884,770$12,017,894
60$17,023,431$5,621,536$3,969,000$13,076,725
61$18,712,465$5,849,635$4,054,605$14,238,431
62$20,572,288$6,087,420$4,141,587$15,513,340
63$22,620,276$6,335,317$4,229,943$16,912,829
64$24,875,570$6,593,774$4,319,673$18,449,429
65$27,359,267$6,863,258$4,410,771$20,136,944
66$30,094,613$7,144,258$4,503,233$21,990,577
67$33,107,223$7,437,286$4,597,050$24,027,079
68$36,425,321$7,742,875$4,692,213$26,264,900
69$40,080,012$8,061,584$4,788,710$28,724,366
70$44,105,570$8,393,998$4,886,529$31,427,868
71$48,539,763$8,740,729$4,985,652$34,400,075
72$53,424,209$9,102,415$5,086,062$37,668,162
73$58,804,771$9,479,725$5,187,737$41,262,069
74$64,731,985$9,873,360$5,290,654$45,214,781
75$71,261,543$10,284,050$5,394,787$49,562,640
76$78,454,813$10,712,561$5,500,105$54,345,683
77$86,379,422$11,159,694$5,606,576$59,608,023
78$95,109,890$11,626,286$5,714,163$65,398,263
79$104,728,339$12,113,214$5,822,828$71,769,952
80$115,325,262$12,621,395$5,932,525$78,782,090
81$127,000,383$13,151,787$6,043,209$86,499,685
82$139,863,592$13,705,395$6,154,827$94,994,363
83$154,035,988$14,283,268$6,267,322$104,345,046
84$169,651,016$14,886,506$6,380,635$114,638,690
85$186,855,733$15,516,258$6,494,700$125,971,110
86$205,812,192$16,173,729$6,609,446$138,447,880
87$226,698,970$16,860,176$6,724,797$152,185,328
88$249,712,858$17,576,918$6,840,671$167,311,633
89$275,070,716$18,325,333$6,956,980$183,968,033
90$303,011,521$19,106,867$7,073,631$202,310,156
91$333,798,622$19,923,029$7,190,523$222,509,488
92$367,722,224$20,775,400$7,307,548$244,754,988
93$405,102,132$21,665,636$7,424,593$269,254,872
94$446,290,767$22,595,469$7,541,534$296,238,576
95$491,676,491$23,566,713$7,658,241$325,958,917
96$541,687,277$24,581,266$7,774,576$358,694,479
97$596,794,746$25,641,115$7,890,391$394,752,243
98$657,518,622$26,748,341$8,005,531$434,470,477
99$724,431,633$27,905,121$8,119,828$478,221,932
100$798,164,924$29,113,736$8,233,106$526,417,352