Can I retire at age 40 with 2,650,000?

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$218,835$216,885$214,983$213,127$211,315$204,796
2 years$108,334$106,316$104,361$102,465$100,626$94,116
3 years$71,505$69,479$67,528$65,650$63,841$57,544
4 years$53,094$51,074$49,143$47,297$45,532$39,495
5 years$42,051$40,043$38,137$36,329$34,613$28,853
6 years$34,691$32,698$30,821$29,053$27,388$21,910
7 years$29,436$27,460$25,612$23,886$22,274$17,077
8 years$25,496$23,538$21,721$20,037$18,478$13,560
9 years$22,434$20,494$18,708$17,067$15,561$10,916
10 years$19,985$18,065$16,310$14,712$13,259$8,880
11 years$17,983$16,082$14,359$12,804$11,403$7,282
12 years$16,316$14,434$12,744$11,231$9,882$6,011
13 years$14,907$13,044$11,386$9,915$8,617$4,987
14 years$13,699$11,857$10,230$8,801$7,554$4,154
15 years$12,654$10,831$9,236$7,849$6,651$3,473
16 years$11,740$9,938$8,374$7,028$5,878$2,911
17 years$10,935$9,152$7,620$6,315$5,212$2,446
18 years$10,220$8,457$6,956$5,691$4,634$2,059
19 years$9,581$7,838$6,368$5,142$4,131$1,736
20 years$9,007$7,283$5,844$4,657$3,689$1,466
21 years$8,487$6,784$5,376$4,227$3,302$1,239
22 years$8,016$6,333$4,954$3,843$2,959$1,048
23 years$7,587$5,923$4,575$3,500$2,657$887
24 years$7,193$5,549$4,231$3,192$2,388$752
25 years$6,832$5,208$3,918$2,915$2,149$637
26 years$6,499$4,895$3,634$2,666$1,935$540
27 years$6,192$4,606$3,375$2,440$1,745$458
28 years$5,906$4,341$3,137$2,235$1,575$389
29 years$5,641$4,095$2,919$2,050$1,422$330
30 years$5,394$3,867$2,719$1,881$1,285$281
31 years$5,164$3,656$2,535$1,728$1,161$238
32 years$4,948$3,459$2,365$1,588$1,051$202
33 years$4,746$3,276$2,209$1,460$951$172
34 years$4,556$3,105$2,064$1,344$861$146
35 years$4,377$2,945$1,929$1,237$780$124
36 years$4,209$2,795$1,805$1,139$706$106
37 years$4,050$2,655$1,689$1,050$640$90
38 years$3,900$2,523$1,582$967$580$76
39 years$3,758$2,399$1,482$892$526$65
40 years$3,623$2,282$1,389$823$477$55
41 years$3,495$2,173$1,303$759$433$47
42 years$3,374$2,069$1,222$701$393$40
43 years$3,258$1,971$1,147$647$357$34
44 years$3,149$1,879$1,076$597$324$29
45 years$3,044$1,792$1,011$551$294$24
46 years$2,944$1,710$949$509$267$21
47 years$2,849$1,631$892$471$242$18
48 years$2,758$1,557$838$435$220$15
49 years$2,671$1,487$788$402$200$13
50 years$2,587$1,421$740$371$182$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,650,000, adding $6,506 every year, while hoping to spend $31,531 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: 36/37/27 Blend
39$2,650,000$2,650,000$2,650,000$2,650,000
40$2,927,011$2,786,561$2,745,486$3,008,437
41$3,192,017$2,889,554$2,803,911$3,172,421
42$3,482,998$2,996,536$2,863,236$3,346,003
43$3,802,568$3,107,671$2,923,459$3,532,792
44$4,153,610$3,223,127$2,984,575$3,733,996
45$4,539,298$3,343,080$3,046,579$3,950,939
46$4,963,130$3,467,715$3,109,463$4,185,080
47$5,428,959$3,597,223$3,173,220$4,438,020
48$5,941,030$3,731,803$3,237,839$4,711,516
49$6,504,019$3,871,666$3,303,311$5,007,503
50$7,123,078$4,017,027$3,369,621$5,328,106
51$7,803,884$4,168,113$3,436,756$5,675,659
52$8,552,692$4,325,162$3,504,698$6,052,733
53$9,376,391$4,488,420$3,573,431$6,462,150
54$10,282,575$4,658,144$3,642,932$6,907,019
55$11,279,607$4,834,603$3,713,180$7,390,754
56$12,376,706$5,018,078$3,784,151$7,917,115
57$13,584,026$5,208,859$3,855,816$8,490,236
58$14,912,757$5,407,254$3,928,145$9,114,667
59$16,375,228$5,613,579$4,001,108$9,795,414
60$17,985,024$5,828,167$4,074,668$10,537,985
61$19,757,114$6,051,365$4,148,787$11,348,443
62$21,707,992$6,283,534$4,223,424$12,233,460
63$23,855,833$6,525,053$4,298,535$13,200,381
64$26,220,663$6,776,316$4,374,071$14,257,290
65$28,824,549$7,037,734$4,449,980$15,413,088
66$31,691,807$7,309,737$4,526,208$16,677,572
67$34,849,230$7,592,773$4,602,696$18,061,530
68$38,326,344$7,887,311$4,679,378$19,576,839
69$42,155,682$8,193,840$4,756,188$21,236,576
70$46,373,094$8,512,870$4,833,052$23,055,142
71$51,018,084$8,844,935$4,909,894$25,048,396
72$56,134,184$9,190,592$4,986,631$27,233,799
73$61,769,361$9,550,422$5,063,174$29,630,583
74$67,976,476$9,925,033$5,139,430$32,259,928
75$74,813,776$10,315,059$5,215,300$35,145,161
76$82,345,447$10,721,162$5,290,678$38,311,975
77$90,642,219$11,144,036$5,365,453$41,788,665
78$99,782,034$11,584,403$5,439,505$45,606,402
79$109,850,781$12,043,018$5,512,708$49,799,518
80$120,943,107$12,520,672$5,584,929$54,405,829
81$133,163,307$13,018,188$5,656,028$59,466,994
82$146,626,314$13,536,429$5,725,854$65,028,901
83$161,458,778$14,076,294$5,794,251$71,142,101
84$177,800,266$14,638,725$5,861,051$77,862,281
85$195,804,576$15,224,705$5,926,078$85,250,789
86$215,641,189$15,835,262$5,989,148$93,375,209
87$237,496,869$16,471,469$6,050,064$102,309,997
88$261,577,428$17,134,449$6,108,619$112,137,179
89$288,109,664$17,825,375$6,164,596$122,947,127
90$317,343,505$18,545,474$6,217,765$134,839,404
91$349,554,368$19,296,027$6,267,885$147,923,704
92$385,045,756$20,078,375$6,314,702$162,320,883
93$424,152,126$20,893,918$6,357,948$178,164,095
94$467,242,044$21,744,122$6,397,341$195,600,048
95$514,721,666$22,630,517$6,432,585$214,790,384
96$567,038,569$23,554,705$6,463,369$235,913,201
97$624,685,977$24,518,360$6,489,366$259,164,731
98$688,207,420$25,523,233$6,510,233$284,761,185
99$758,201,859$26,571,154$6,525,608$312,940,794
100$835,329,345$27,664,037$6,535,113$343,966,052