Can I retire at age 40 with 2,570,000?

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$212,228$210,338$208,493$206,693$204,935$200,798
2 years$105,063$103,107$101,210$99,372$97,588$93,438
3 years$69,347$67,381$65,490$63,668$61,914$57,880
4 years$51,492$49,532$47,660$45,870$44,158$40,271
5 years$40,781$38,834$36,986$35,232$33,568$29,840
6 years$33,644$31,711$29,890$28,175$26,561$22,996
7 years$28,547$26,631$24,839$23,165$21,601$18,200
8 years$24,727$22,828$21,065$19,432$17,920$14,682
9 years$21,757$19,875$18,144$16,552$15,092$12,013
10 years$19,382$17,519$15,818$14,268$12,859$9,938
11 years$17,440$15,596$13,926$12,417$11,059$8,292
12 years$15,824$13,998$12,359$10,892$9,583$6,966
13 years$14,457$12,650$11,042$9,616$8,357$5,885
14 years$13,286$11,499$9,921$8,536$7,326$4,995
15 years$12,272$10,505$8,957$7,612$6,450$4,255
16 years$11,386$9,638$8,121$6,816$5,701$3,636
17 years$10,605$8,876$7,390$6,124$5,055$3,115
18 years$9,912$8,202$6,746$5,519$4,494$2,675
19 years$9,292$7,601$6,176$4,987$4,006$2,302
20 years$8,735$7,064$5,668$4,517$3,578$1,983
21 years$8,231$6,579$5,213$4,099$3,202$1,712
22 years$7,774$6,142$4,805$3,727$2,870$1,479
23 years$7,358$5,744$4,436$3,394$2,576$1,279
24 years$6,976$5,382$4,103$3,096$2,316$1,107
25 years$6,626$5,051$3,800$2,827$2,084$959
26 years$6,303$4,747$3,524$2,585$1,877$831
27 years$6,005$4,467$3,273$2,366$1,692$721
28 years$5,728$4,209$3,042$2,168$1,527$625
29 years$5,471$3,971$2,831$1,988$1,379$543
30 years$5,231$3,750$2,637$1,825$1,246$471
31 years$5,008$3,545$2,459$1,676$1,126$409
32 years$4,799$3,355$2,294$1,540$1,019$355
33 years$4,602$3,177$2,142$1,416$922$309
34 years$4,418$3,011$2,001$1,303$835$268
35 years$4,245$2,856$1,871$1,199$756$233
36 years$4,082$2,711$1,750$1,105$685$203
37 years$3,928$2,574$1,638$1,018$621$176
38 years$3,782$2,447$1,534$938$563$153
39 years$3,644$2,327$1,437$865$510$133
40 years$3,514$2,213$1,347$798$463$116
41 years$3,390$2,107$1,263$736$420$101
42 years$3,272$2,007$1,185$679$381$88
43 years$3,160$1,912$1,112$627$346$76
44 years$3,054$1,822$1,044$579$314$67
45 years$2,952$1,738$980$535$285$58
46 years$2,855$1,658$920$494$259$50
47 years$2,763$1,582$865$456$235$44
48 years$2,674$1,510$813$422$213$38
49 years$2,590$1,442$764$390$194$33
50 years$2,509$1,378$718$360$176$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,570,000, adding $5,303 every year, while hoping to spend $55,312 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: 51/33/16 Blend
39$2,570,000$2,570,000$2,570,000$2,570,000
40$2,837,610$2,701,400$2,661,565$2,969,651
41$3,068,195$2,774,917$2,691,876$3,134,437
42$3,320,445$2,850,183$2,721,348$3,307,271
43$3,596,513$2,927,224$2,749,896$3,493,958
44$3,898,767$3,006,068$2,777,427$3,695,822
45$4,229,817$3,086,741$2,803,847$3,914,323
46$4,592,535$3,169,268$2,829,052$4,151,069
47$4,990,086$3,253,674$2,852,937$4,407,828
48$5,425,953$3,339,983$2,875,390$4,686,549
49$5,903,976$3,428,217$2,896,291$4,989,377
50$6,428,381$3,518,400$2,915,516$5,318,675
51$7,003,825$3,610,551$2,932,935$5,677,047
52$7,635,437$3,704,689$2,948,410$6,067,358
53$8,328,865$3,800,832$2,961,795$6,492,765
54$9,090,333$3,898,997$2,972,939$6,956,748
55$9,926,697$3,999,197$2,981,682$7,463,137
56$10,845,507$4,101,446$2,987,856$8,016,154
57$11,855,085$4,205,752$2,991,285$8,620,449
58$12,964,594$4,312,125$2,991,784$9,281,145
59$14,184,133$4,420,569$2,989,159$10,003,887
60$15,524,825$4,531,087$2,983,206$10,794,895
61$16,998,926$4,643,679$2,973,712$11,661,020
62$18,619,937$4,758,341$2,960,453$12,609,815
63$20,402,737$4,875,065$2,943,194$13,649,598
64$22,363,714$4,993,841$2,921,689$14,789,537
65$24,520,928$5,114,654$2,895,680$16,039,733
66$26,894,275$5,237,485$2,864,898$17,411,319
67$29,505,678$5,362,309$2,829,059$18,916,559
68$32,379,292$5,489,097$2,787,868$20,568,972
69$35,541,732$5,617,815$2,741,013$22,383,452
70$39,022,323$5,748,422$2,688,172$24,376,413
71$42,853,377$5,880,872$2,629,003$26,565,944
72$47,070,498$6,015,112$2,563,151$28,971,976
73$51,712,917$6,151,080$2,490,245$31,616,478
74$56,823,862$6,288,710$2,409,895$34,523,655
75$62,450,964$6,427,925$2,321,695$37,720,186
76$68,646,709$6,568,640$2,225,218$41,235,468
77$75,468,931$6,710,761$2,120,021$45,101,899
78$82,981,358$6,854,184$2,005,637$49,355,184
79$91,254,212$6,998,795$1,881,582$54,034,669
80$100,364,873$7,144,467$1,747,346$59,183,716
81$110,398,607$7,291,064$1,602,400$64,850,112
82$121,449,373$7,438,434$1,446,188$71,086,518
83$133,620,705$7,586,413$1,278,131$77,950,973
84$147,026,693$7,734,824$1,097,625$85,507,435
85$161,793,058$7,883,472$904,037$93,826,390
86$178,058,335$8,032,147$696,707$102,985,518
87$195,975,186$8,180,623$474,948$113,070,424
88$215,711,834$8,328,653$238,038$124,175,452
89$237,453,657$8,475,973$0$136,404,570
90$261,404,932$8,622,297$0$149,874,883
91$287,790,763$8,767,317$0$164,753,672
92$316,859,208$8,910,703$0$181,139,553
93$348,883,619$9,052,100$0$199,186,032
94$384,165,220$9,191,124$0$219,062,270
95$423,035,952$9,327,369$0$240,954,682
96$465,861,603$9,460,395$0$265,068,695
97$513,045,265$9,589,732$0$291,630,693
98$565,031,132$9,714,879$0$320,890,145
99$622,308,698$9,835,299$0$353,121,972
100$685,417,375$9,950,417$0$388,629,132