Can I retire at age 40 with 2,490,000?

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 $2,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$205,622$203,790$202,003$200,259$198,556$196,156
2 years$101,793$99,897$98,060$96,278$94,551$92,135
3 years$67,188$65,284$63,451$61,687$59,987$57,631
4 years$49,889$47,991$46,176$44,442$42,783$40,505
5 years$39,512$37,625$35,835$34,135$32,523$30,330
6 years$32,596$30,724$28,960$27,298$25,734$23,628
7 years$27,659$25,802$24,066$22,444$20,929$18,911
8 years$23,957$22,117$20,410$18,827$17,363$15,432
9 years$21,079$19,257$17,579$16,037$14,622$12,779
10 years$18,779$16,974$15,326$13,824$12,458$10,701
11 years$16,898$15,111$13,492$12,031$10,715$9,041
12 years$15,331$13,563$11,974$10,553$9,285$7,694
13 years$14,007$12,257$10,698$9,316$8,097$6,586
14 years$12,872$11,141$9,612$8,270$7,098$5,665
15 years$11,890$10,178$8,679$7,375$6,249$4,893
16 years$11,032$9,338$7,868$6,604$5,523$4,240
17 years$10,275$8,600$7,160$5,934$4,897$3,685
18 years$9,603$7,946$6,536$5,347$4,354$3,211
19 years$9,002$7,365$5,984$4,832$3,881$2,803
20 years$8,463$6,844$5,491$4,376$3,467$2,452
21 years$7,975$6,375$5,051$3,972$3,102$2,148
22 years$7,532$5,950$4,655$3,611$2,781$1,884
23 years$7,129$5,565$4,298$3,289$2,496$1,655
24 years$6,759$5,214$3,975$2,999$2,244$1,455
25 years$6,420$4,893$3,682$2,739$2,019$1,280
26 years$6,107$4,599$3,415$2,505$1,819$1,127
27 years$5,818$4,328$3,171$2,293$1,640$994
28 years$5,550$4,078$2,948$2,100$1,479$876
29 years$5,301$3,848$2,743$1,926$1,336$773
30 years$5,069$3,634$2,555$1,768$1,207$682
31 years$4,852$3,435$2,382$1,624$1,091$602
32 years$4,649$3,250$2,223$1,492$987$532
33 years$4,459$3,078$2,075$1,372$893$470
34 years$4,281$2,917$1,939$1,262$809$416
35 years$4,113$2,767$1,813$1,162$733$367
36 years$3,955$2,626$1,696$1,070$664$325
37 years$3,805$2,494$1,587$986$602$287
38 years$3,664$2,370$1,486$909$545$254
39 years$3,531$2,254$1,393$838$495$225
40 years$3,404$2,145$1,305$773$449$199
41 years$3,284$2,041$1,224$713$407$176
42 years$3,170$1,944$1,148$658$369$156
43 years$3,062$1,852$1,077$608$335$138
44 years$2,958$1,766$1,011$561$304$122
45 years$2,860$1,684$950$518$276$108
46 years$2,766$1,606$892$479$251$96
47 years$2,677$1,533$838$442$228$85
48 years$2,591$1,463$787$409$207$75
49 years$2,509$1,397$740$378$188$66
50 years$2,431$1,335$696$349$171$59

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,490,000, adding $2,024 every year, while hoping to spend $53,650 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: 80/7/13 Blend
39$2,490,000$2,490,000$2,490,000$2,490,000
40$2,746,068$2,614,098$2,575,503$2,958,732
41$2,969,083$2,685,105$2,604,699$3,169,768
42$3,213,049$2,757,794$2,633,075$3,394,158
43$3,480,044$2,832,190$2,660,547$3,638,861
44$3,772,359$2,908,318$2,687,026$3,905,885
45$4,092,517$2,986,203$2,712,419$4,197,443
46$4,443,295$3,065,869$2,736,626$4,515,973
47$4,827,753$3,147,338$2,759,545$4,864,161
48$5,249,260$3,230,634$2,781,066$5,244,963
49$5,711,526$3,315,777$2,801,074$5,661,637
50$6,218,640$3,402,787$2,819,447$6,117,771
51$6,775,101$3,491,684$2,836,059$6,617,320
52$7,385,870$3,582,485$2,850,776$7,164,638
53$8,056,408$3,675,206$2,863,456$7,764,522
54$8,792,732$3,769,862$2,873,952$8,422,260
55$9,601,470$3,866,465$2,882,109$9,143,673
56$10,489,924$3,965,025$2,887,763$9,935,179
57$11,466,136$4,065,552$2,890,744$10,803,846
58$12,538,969$4,168,051$2,890,870$11,757,463
59$13,718,185$4,272,525$2,887,955$12,804,611
60$15,014,538$4,378,977$2,881,800$13,954,747
61$16,439,877$4,487,404$2,872,197$15,218,287
62$18,007,258$4,597,800$2,858,928$16,606,713
63$19,731,062$4,710,156$2,841,767$18,132,672
64$21,627,137$4,824,461$2,820,473$19,810,102
65$23,712,943$4,940,696$2,794,796$21,654,361
66$26,007,715$5,058,843$2,764,474$23,682,372
67$28,532,650$5,178,874$2,729,231$25,912,783
68$31,311,100$5,300,759$2,688,781$28,366,140
69$34,368,799$5,424,463$2,642,821$31,065,087
70$37,734,097$5,549,942$2,591,037$34,034,574
71$41,438,237$5,677,151$2,533,098$37,302,094
72$45,515,639$5,806,033$2,468,659$40,897,946
73$50,004,233$5,936,528$2,397,358$44,855,513
74$54,945,812$6,068,565$2,318,817$49,211,587
75$60,386,429$6,202,069$2,232,641$54,006,707
76$66,376,828$6,336,953$2,138,418$59,285,548
77$72,972,923$6,473,122$2,035,713$65,097,342
78$80,236,328$6,610,472$1,924,076$71,496,337
79$88,234,935$6,748,888$1,803,035$78,542,317
80$97,043,557$6,888,242$1,672,096$86,301,161
81$106,744,632$7,028,397$1,530,743$94,845,467
82$117,428,999$7,169,203$1,378,437$104,255,238
83$129,196,759$7,310,496$1,214,616$114,618,633
84$142,158,215$7,452,097$1,038,693$126,032,805
85$156,434,916$7,593,813$850,052$138,604,816
86$172,160,802$7,735,435$648,054$152,452,647
87$189,483,469$7,876,737$432,029$167,706,310
88$208,565,560$8,017,473$201,278$184,509,082
89$229,586,299$8,157,381$0$203,018,851
90$252,743,185$8,296,177$0$223,415,847
91$278,253,855$8,433,555$0$245,915,772
92$306,358,136$8,569,187$0$270,702,084
93$337,320,309$8,702,719$0$298,007,747
94$371,431,603$8,833,775$0$328,089,482
95$409,012,944$8,961,948$0$361,230,186
96$450,417,985$9,086,804$0$397,741,606
97$496,036,440$9,207,878$0$437,967,282
98$546,297,766$9,324,673$0$482,285,784
99$601,675,214$9,436,658$0$531,114,291
100$662,690,297$9,543,265$0$584,912,528