Can I retire at age 40 with 2,590,000?

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 $2,590,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$213,880$211,975$210,116$208,302$206,530$202,278
2 years$105,881$103,909$101,998$100,145$98,348$94,083
3 years$69,886$67,906$65,999$64,164$62,396$58,251
4 years$51,892$49,918$48,031$46,226$44,501$40,509
5 years$41,099$39,136$37,274$35,506$33,829$30,001
6 years$33,905$31,958$30,123$28,395$26,768$23,108
7 years$28,769$26,838$25,032$23,345$21,769$18,278
8 years$24,919$23,005$21,229$19,583$18,060$14,736
9 years$21,926$20,030$18,285$16,681$15,209$12,050
10 years$19,533$17,656$15,941$14,379$12,959$9,963
11 years$17,576$15,718$14,034$12,514$11,145$8,307
12 years$15,947$14,107$12,455$10,976$9,658$6,975
13 years$14,569$12,749$11,128$9,691$8,422$5,888
14 years$13,389$11,588$9,998$8,602$7,383$4,994
15 years$12,368$10,586$9,027$7,672$6,500$4,251
16 years$11,475$9,713$8,184$6,869$5,745$3,630
17 years$10,688$8,945$7,448$6,172$5,094$3,108
18 years$9,989$8,266$6,799$5,562$4,529$2,667
19 years$9,364$7,660$6,224$5,026$4,037$2,293
20 years$8,803$7,118$5,712$4,552$3,606$1,975
21 years$8,295$6,631$5,254$4,131$3,227$1,703
22 years$7,835$6,189$4,842$3,756$2,892$1,470
23 years$7,415$5,789$4,471$3,421$2,596$1,270
24 years$7,030$5,424$4,135$3,120$2,334$1,098
25 years$6,677$5,090$3,830$2,849$2,100$951
26 years$6,352$4,784$3,552$2,605$1,892$823
27 years$6,051$4,502$3,298$2,385$1,705$713
28 years$5,773$4,242$3,066$2,185$1,539$618
29 years$5,513$4,002$2,853$2,004$1,390$536
30 years$5,272$3,780$2,658$1,839$1,256$465
31 years$5,047$3,573$2,478$1,689$1,135$404
32 years$4,836$3,381$2,312$1,552$1,027$351
33 years$4,638$3,202$2,159$1,427$929$304
34 years$4,453$3,034$2,017$1,313$841$264
35 years$4,278$2,878$1,886$1,209$762$230
36 years$4,114$2,732$1,764$1,113$690$199
37 years$3,958$2,594$1,651$1,026$626$173
38 years$3,811$2,466$1,546$945$567$151
39 years$3,673$2,345$1,448$872$514$131
40 years$3,541$2,231$1,358$804$467$114
41 years$3,416$2,123$1,273$742$423$99
42 years$3,297$2,022$1,194$685$384$86
43 years$3,185$1,927$1,121$632$349$75
44 years$3,077$1,837$1,052$584$316$65
45 years$2,975$1,751$988$539$287$56
46 years$2,877$1,671$928$498$261$49
47 years$2,784$1,594$871$460$237$43
48 years$2,695$1,522$819$425$215$37
49 years$2,610$1,454$770$393$195$32
50 years$2,529$1,388$724$363$177$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,590,000, adding $5,745 every year, while hoping to spend $44,997 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: 53/34/13 Blend
39$2,590,000$2,590,000$2,590,000$2,590,000
40$2,860,106$2,722,836$2,682,691$3,001,588
41$3,103,960$2,808,378$2,724,685$3,184,205
42$3,371,180$2,896,604$2,766,577$3,377,485
43$3,664,100$2,987,598$2,808,317$3,586,747
44$3,985,293$3,081,445$2,849,851$3,813,515
45$4,337,593$3,178,236$2,891,121$4,059,470
46$4,724,120$3,278,063$2,932,066$4,326,459
47$5,148,312$3,381,019$2,972,622$4,616,514
48$5,613,955$3,487,204$3,012,720$4,931,873
49$6,125,220$3,596,719$3,052,288$5,274,998
50$6,686,701$3,709,666$3,091,248$5,648,601
51$7,303,460$3,826,155$3,129,519$6,055,663
52$7,981,071$3,946,295$3,167,017$6,499,470
53$8,725,677$4,070,201$3,203,649$6,983,638
54$9,544,045$4,197,989$3,239,320$7,512,148
55$10,443,630$4,329,783$3,273,929$8,089,384
56$11,432,644$4,465,706$3,307,370$8,720,174
57$12,520,136$4,605,888$3,339,529$9,409,833
58$13,716,075$4,750,462$3,370,289$10,164,216
59$15,031,445$4,899,565$3,399,524$10,989,770
60$16,478,348$5,053,339$3,427,103$11,893,595
61$18,070,115$5,211,928$3,452,887$12,883,514
62$19,821,439$5,375,485$3,476,730$13,968,140
63$21,748,505$5,544,163$3,498,480$15,156,962
64$23,869,148$5,718,122$3,517,975$16,460,433
65$26,203,019$5,897,528$3,535,045$17,890,065
66$28,771,770$6,082,550$3,549,512$19,458,541
67$31,599,259$6,273,363$3,561,189$21,179,835
68$34,711,774$6,470,149$3,569,880$23,069,337
69$38,138,282$6,673,093$3,575,377$25,144,006
70$41,910,699$6,882,387$3,577,465$27,422,521
71$46,064,196$7,098,230$3,575,916$29,925,465
72$50,637,525$7,320,825$3,570,491$32,675,512
73$55,673,390$7,550,382$3,560,939$35,697,647
74$61,218,845$7,787,119$3,546,999$39,019,392
75$67,325,739$8,031,260$3,528,395$42,671,075
76$74,051,207$8,283,035$3,504,840$46,686,110
77$81,458,207$8,542,681$3,476,029$51,101,313
78$89,616,116$8,810,443$3,441,647$55,957,247
79$98,601,380$9,086,576$3,401,363$61,298,610
80$108,498,240$9,371,337$3,354,828$67,174,649
81$119,399,525$9,664,997$3,301,679$73,639,629
82$131,407,527$9,967,832$3,241,536$80,753,343
83$144,634,966$10,280,127$3,173,999$88,581,674
84$159,206,056$10,602,177$3,098,651$97,197,220
85$175,257,674$10,934,284$3,015,056$106,679,976
86$192,940,655$11,276,762$2,922,758$117,118,088
87$212,421,210$11,629,932$2,821,279$128,608,685
88$233,882,501$11,994,126$2,710,120$141,258,797
89$257,526,365$12,369,687$2,588,758$155,186,361
90$283,575,220$12,756,968$2,456,647$170,521,335
91$312,274,166$13,156,332$2,313,218$187,406,925
92$343,893,293$13,568,155$2,157,873$206,000,936
93$378,730,237$13,992,823$1,989,990$226,477,258
94$417,112,984$14,430,734$1,808,917$249,027,511
95$459,402,967$14,882,299$1,613,975$273,862,848
96$505,998,480$15,347,941$1,404,453$301,215,953
97$557,338,431$15,828,096$1,179,608$331,343,231
98$613,906,493$16,323,215$938,667$364,527,234
99$676,235,662$16,833,760$680,819$401,079,320
100$744,913,294$17,360,208$405,222$441,342,597