Can I retire at age 40 with 2,680,000?

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 $2,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$221,312$219,341$217,417$215,540$213,707$206,701
2 years$109,560$107,520$105,542$103,625$101,765$94,773
3 years$72,315$70,265$68,293$66,394$64,564$57,806
4 years$53,696$51,653$49,700$47,833$46,048$39,575
5 years$42,527$40,496$38,569$36,740$35,005$28,835
6 years$35,084$33,068$31,170$29,381$27,698$21,837
7 years$29,769$27,771$25,902$24,156$22,526$16,972
8 years$25,785$23,805$21,967$20,264$18,687$13,436
9 years$22,688$20,726$18,920$17,260$15,737$10,784
10 years$20,212$18,269$16,495$14,879$13,409$8,745
11 years$18,187$16,264$14,522$12,949$11,532$7,148
12 years$16,501$14,598$12,888$11,358$9,994$5,881
13 years$15,075$13,192$11,514$10,027$8,715$4,862
14 years$13,855$11,991$10,346$8,901$7,639$4,037
15 years$12,797$10,954$9,341$7,938$6,726$3,362
16 years$11,873$10,050$8,469$7,108$5,945$2,808
17 years$11,059$9,256$7,706$6,386$5,271$2,351
18 years$10,336$8,553$7,035$5,755$4,687$1,972
19 years$9,689$7,927$6,440$5,200$4,177$1,656
20 years$9,108$7,366$5,910$4,710$3,731$1,393
21 years$8,584$6,861$5,436$4,275$3,339$1,173
22 years$8,107$6,404$5,011$3,887$2,993$988
23 years$7,672$5,990$4,626$3,540$2,687$833
24 years$7,275$5,612$4,279$3,228$2,415$703
25 years$6,909$5,267$3,963$2,948$2,173$594
26 years$6,573$4,950$3,675$2,696$1,957$502
27 years$6,262$4,658$3,413$2,468$1,765$424
28 years$5,973$4,390$3,173$2,261$1,592$358
29 years$5,705$4,141$2,952$2,073$1,438$303
30 years$5,455$3,911$2,750$1,903$1,299$256
31 years$5,222$3,697$2,564$1,747$1,175$217
32 years$5,004$3,498$2,392$1,606$1,062$183
33 years$4,799$3,313$2,234$1,477$962$155
34 years$4,607$3,140$2,087$1,359$871$131
35 years$4,427$2,978$1,951$1,251$789$111
36 years$4,256$2,827$1,825$1,152$714$94
37 years$4,096$2,685$1,708$1,061$648$80
38 years$3,944$2,551$1,600$978$587$67
39 years$3,800$2,426$1,499$902$532$57
40 years$3,664$2,308$1,405$832$483$48
41 years$3,535$2,197$1,317$768$438$41
42 years$3,412$2,093$1,236$708$397$35
43 years$3,295$1,994$1,160$654$361$29
44 years$3,184$1,900$1,088$604$327$25
45 years$3,078$1,812$1,022$558$297$21
46 years$2,977$1,729$960$515$270$18
47 years$2,881$1,650$902$476$245$15
48 years$2,789$1,575$847$440$223$13
49 years$2,701$1,504$797$406$202$11
50 years$2,617$1,437$749$376$184$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,680,000, adding $6,373 every year, while hoping to spend $25,622 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: 79/14/7 Blend
39$2,680,000$2,680,000$2,680,000$2,680,000
40$2,959,934$2,817,894$2,776,354$3,190,960
41$3,234,585$2,928,709$2,842,100$3,454,135
42$3,536,393$3,044,095$2,909,190$3,738,759
43$3,868,099$3,164,250$2,977,642$4,050,213
44$4,232,725$3,289,378$3,047,473$4,391,160
45$4,633,601$3,419,695$3,118,701$4,764,530
46$5,074,393$3,555,426$3,191,343$5,173,551
47$5,559,144$3,696,805$3,265,416$5,621,777
48$6,092,305$3,844,077$3,340,935$6,113,121
49$6,678,782$3,997,498$3,417,918$6,651,893
50$7,323,978$4,157,336$3,496,379$7,242,837
51$8,033,850$4,323,871$3,576,334$7,891,180
52$8,814,957$4,497,395$3,657,795$8,602,679
53$9,674,529$4,678,214$3,740,778$9,383,672
54$10,620,532$4,866,648$3,825,295$10,241,143
55$11,661,742$5,063,029$3,911,358$11,182,782
56$12,807,830$5,267,707$3,998,979$12,217,060
57$14,069,451$5,481,048$4,088,167$13,353,308
58$15,458,347$5,703,431$4,178,933$14,601,806
59$16,987,456$5,935,256$4,271,284$15,973,875
60$18,671,033$6,176,940$4,365,229$17,481,988
61$20,524,786$6,428,919$4,460,772$19,139,885
62$22,566,026$6,691,647$4,557,920$20,962,704
63$24,813,825$6,965,603$4,656,674$22,967,118
64$27,289,201$7,251,283$4,757,038$25,171,499
65$30,015,313$7,549,209$4,859,012$27,596,085
66$33,017,680$7,859,925$4,962,595$30,263,174
67$36,324,424$8,184,002$5,067,782$33,197,330
68$39,966,533$8,522,036$5,174,570$36,425,619
69$43,978,152$8,874,649$5,282,952$39,977,859
70$48,396,911$9,242,494$5,392,918$43,886,903
71$53,264,272$9,626,252$5,504,457$48,188,947
72$58,625,926$10,026,637$5,617,555$52,923,874
73$64,532,223$10,444,395$5,732,195$58,135,626
74$71,038,646$10,880,306$5,848,360$63,872,617
75$78,206,334$11,335,187$5,966,026$70,188,194
76$86,102,661$11,809,893$6,085,169$77,141,135
77$94,801,871$12,305,316$6,205,761$84,796,203
78$104,385,778$12,822,393$6,327,770$93,224,761
79$114,944,538$13,362,100$6,451,160$102,505,437
80$126,577,501$13,925,463$6,575,894$112,724,872
81$139,394,147$14,513,552$6,701,928$123,978,531
82$153,515,122$15,127,489$6,829,215$136,371,607
83$169,073,375$15,768,445$6,957,703$150,020,012
84$186,215,409$16,437,649$7,087,337$165,051,466
85$205,102,673$17,136,386$7,218,054$181,606,706
86$225,913,076$17,866,000$7,349,790$199,840,810
87$248,842,673$18,627,897$7,482,471$219,924,661
88$274,107,513$19,423,551$7,616,021$242,046,557
89$301,945,677$20,254,503$7,750,355$266,413,989
90$332,619,528$21,122,366$7,885,385$293,255,596
91$366,418,188$22,028,829$8,021,013$322,823,320
92$403,660,262$22,975,660$8,157,135$355,394,788
93$444,696,851$23,964,710$8,293,642$391,275,924
94$489,914,864$24,997,915$8,430,413$430,803,840
95$539,740,671$26,077,304$8,567,323$474,350,014
96$594,644,127$27,205,000$8,704,236$522,323,794
97$655,143,007$28,383,224$8,841,007$575,176,263
98$721,807,897$29,614,305$8,977,483$633,404,490
99$795,267,574$30,900,678$9,113,501$697,556,225
100$876,214,950$32,244,894$9,248,887$768,235,063