Can I retire at age 40 with 2,510,000?

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 $2,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$207,273$205,427$203,626$201,868$200,151$195,630
2 years$102,611$100,700$98,848$97,052$95,310$90,780
3 years$67,728$65,808$63,961$62,182$60,469$56,070
4 years$50,289$48,376$46,547$44,799$43,127$38,894
5 years$39,829$37,927$36,122$34,410$32,784$28,729
6 years$32,858$30,971$29,192$27,518$25,941$22,068
7 years$27,881$26,009$24,259$22,624$21,097$17,406
8 years$24,149$22,295$20,574$18,979$17,502$13,993
9 years$21,249$19,411$17,720$16,166$14,739$11,408
10 years$18,930$17,110$15,449$13,935$12,559$9,403
11 years$17,033$15,232$13,601$12,127$10,801$7,816
12 years$15,454$13,672$12,070$10,637$9,360$6,540
13 years$14,119$12,355$10,784$9,391$8,162$5,503
14 years$12,976$11,230$9,690$8,337$7,155$4,652
15 years$11,986$10,259$8,748$7,435$6,300$3,946
16 years$11,120$9,413$7,932$6,657$5,568$3,358
17 years$10,357$8,669$7,217$5,981$4,937$2,865
18 years$9,680$8,010$6,589$5,390$4,389$2,449
19 years$9,075$7,424$6,032$4,871$3,912$2,098
20 years$8,531$6,899$5,535$4,411$3,495$1,800
21 years$8,039$6,426$5,092$4,003$3,127$1,546
22 years$7,593$5,998$4,693$3,640$2,803$1,329
23 years$7,186$5,610$4,333$3,315$2,516$1,144
24 years$6,813$5,256$4,007$3,024$2,262$986
25 years$6,471$4,933$3,711$2,761$2,035$850
26 years$6,156$4,636$3,442$2,525$1,833$733
27 years$5,864$4,363$3,196$2,311$1,653$632
28 years$5,594$4,111$2,971$2,117$1,491$546
29 years$5,343$3,878$2,765$1,942$1,347$472
30 years$5,109$3,663$2,576$1,782$1,217$407
31 years$4,891$3,463$2,401$1,637$1,100$352
32 years$4,687$3,276$2,240$1,504$995$304
33 years$4,495$3,103$2,092$1,383$901$263
34 years$4,315$2,941$1,954$1,273$815$228
35 years$4,146$2,789$1,827$1,171$738$197
36 years$3,986$2,647$1,709$1,079$669$170
37 years$3,836$2,514$1,600$994$606$147
38 years$3,694$2,390$1,498$916$550$127
39 years$3,559$2,272$1,404$845$499$110
40 years$3,432$2,162$1,316$779$452$95
41 years$3,311$2,058$1,234$719$410$83
42 years$3,196$1,960$1,157$664$372$72
43 years$3,086$1,867$1,086$612$338$62
44 years$2,982$1,780$1,019$566$307$54
45 years$2,883$1,697$957$522$278$46
46 years$2,789$1,619$899$482$253$40
47 years$2,698$1,545$845$446$230$35
48 years$2,612$1,475$794$412$208$30
49 years$2,530$1,409$746$381$189$26
50 years$2,451$1,346$701$352$172$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,510,000, adding $3,619 every year, while hoping to spend $20,726 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: 74/14/12 Blend
39$2,510,000$2,510,000$2,510,000$2,510,000
40$2,769,753$2,636,723$2,597,818$2,967,766
41$3,030,216$2,743,870$2,662,793$3,206,189
42$3,316,551$2,855,573$2,729,249$3,464,396
43$3,631,375$2,972,032$2,797,216$3,746,724
44$3,977,573$3,093,459$2,866,720$4,055,557
45$4,358,320$3,220,074$2,937,790$4,393,524
46$4,777,118$3,352,106$3,010,454$4,763,515
47$5,237,821$3,489,797$3,084,742$5,168,714
48$5,744,680$3,633,398$3,160,682$5,612,626
49$6,302,375$3,783,172$3,238,302$6,099,112
50$6,916,064$3,939,395$3,317,633$6,632,422
51$7,591,432$4,102,354$3,398,703$7,217,237
52$8,334,740$4,272,351$3,481,541$7,858,711
53$9,152,888$4,449,701$3,566,178$8,562,521
54$10,053,480$4,634,734$3,652,641$9,334,919
55$11,044,892$4,827,793$3,740,962$10,182,792
56$12,136,356$5,029,240$3,831,170$11,113,724
57$13,338,043$5,239,452$3,923,293$12,136,068
58$14,661,162$5,458,823$4,017,361$13,259,026
59$16,118,061$5,687,766$4,113,403$14,492,734
60$17,722,350$5,926,714$4,211,449$15,848,357
61$19,489,025$6,176,117$4,311,528$17,338,192
62$21,434,609$6,436,450$4,413,667$18,975,788
63$23,577,310$6,708,207$4,517,896$20,776,069
64$25,937,192$6,991,906$4,624,242$22,755,477
65$28,536,364$7,288,088$4,732,733$24,932,125
66$31,399,190$7,597,321$4,843,396$27,325,967
67$34,552,516$7,920,198$4,956,258$29,958,986
68$38,025,925$8,257,340$5,071,345$32,855,402
69$41,852,017$8,609,397$5,188,683$36,041,898
70$46,066,715$8,977,050$5,308,296$39,547,870
71$50,709,604$9,361,010$5,430,209$43,405,709
72$55,824,307$9,762,023$5,554,444$47,651,100
73$61,458,893$10,180,869$5,681,024$52,323,359
74$67,666,332$10,618,364$5,809,971$57,465,806
75$74,504,998$11,075,363$5,941,305$63,126,171
76$82,039,213$11,552,761$6,075,044$69,357,042
77$90,339,861$12,051,495$6,211,206$76,216,363
78$99,485,054$12,572,546$6,349,809$83,767,979
79$109,560,868$13,116,939$6,490,866$92,082,237
80$120,662,158$13,685,750$6,634,391$101,236,647
81$132,893,451$14,280,105$6,780,396$111,316,617
82$146,369,935$14,901,181$6,928,891$122,416,255
83$161,218,542$15,550,213$7,079,882$134,639,254
84$177,579,151$16,228,492$7,233,377$148,099,873
85$195,605,907$16,937,370$7,389,377$162,924,012
86$215,468,672$17,678,264$7,547,884$179,250,401
87$237,354,636$18,452,658$7,708,897$197,231,904
88$261,470,074$19,262,104$7,872,411$217,036,966
89$288,042,303$20,108,228$8,038,418$238,851,195
90$317,321,821$20,992,734$8,206,908$262,879,117
91$349,584,675$21,917,407$8,377,868$289,346,103
92$385,135,065$22,884,113$8,551,279$318,500,495
93$424,308,217$23,894,809$8,727,122$350,615,947
94$467,473,545$24,951,545$8,905,371$385,994,009
95$515,038,142$26,056,466$9,085,996$424,966,967
96$567,450,621$27,211,821$9,268,965$467,900,982
97$625,205,347$28,419,964$9,454,239$515,199,543
98$688,847,111$29,683,360$9,641,775$567,307,270
99$758,976,266$31,004,594$9,831,523$624,714,113
100$836,254,397$32,386,371$10,023,431$687,959,974