Can I retire at age 40 with 2,690,000?

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 $2,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$222,138$220,159$218,229$216,344$214,504$211,736
2 years$109,969$107,921$105,936$104,012$102,145$99,360
3 years$72,585$70,528$68,548$66,641$64,805$62,090
4 years$53,896$51,845$49,885$48,011$46,219$43,595
5 years$42,686$40,647$38,713$36,877$35,135$32,609
6 years$35,215$33,192$31,286$29,491$27,801$25,377
7 years$29,880$27,874$25,999$24,246$22,610$20,288
8 years$25,881$23,893$22,049$20,340$18,757$16,537
9 years$22,773$20,803$18,991$17,325$15,796$13,677
10 years$20,287$18,337$16,557$14,934$13,459$11,439
11 years$18,255$16,325$14,576$12,997$11,575$9,653
12 years$16,562$14,652$12,936$11,400$10,031$8,204
13 years$15,132$13,241$11,557$10,065$8,747$7,014
14 years$13,906$12,036$10,384$8,934$7,668$6,025
15 years$12,845$10,995$9,376$7,968$6,751$5,196
16 years$11,918$10,088$8,500$7,134$5,967$4,497
17 years$11,100$9,290$7,735$6,410$5,291$3,903
18 years$10,374$8,585$7,061$5,777$4,704$3,395
19 years$9,726$7,956$6,464$5,220$4,193$2,960
20 years$9,142$7,393$5,932$4,728$3,745$2,585
21 years$8,616$6,887$5,457$4,291$3,352$2,261
22 years$8,137$6,428$5,029$3,901$3,004$1,981
23 years$7,701$6,012$4,644$3,553$2,697$1,737
24 years$7,302$5,633$4,295$3,240$2,424$1,525
25 years$6,935$5,286$3,978$2,959$2,181$1,340
26 years$6,597$4,968$3,689$2,706$1,965$1,178
27 years$6,285$4,676$3,426$2,477$1,771$1,036
28 years$5,995$4,406$3,185$2,269$1,598$912
29 years$5,726$4,157$2,963$2,081$1,443$804
30 years$5,476$3,925$2,760$1,910$1,304$708
31 years$5,242$3,711$2,573$1,754$1,179$624
32 years$5,023$3,511$2,401$1,612$1,066$551
33 years$4,817$3,325$2,242$1,482$965$486
34 years$4,625$3,152$2,095$1,364$874$429
35 years$4,443$2,989$1,958$1,256$791$378
36 years$4,272$2,837$1,832$1,156$717$334
37 years$4,111$2,695$1,715$1,065$650$295
38 years$3,959$2,561$1,606$982$589$260
39 years$3,814$2,435$1,504$905$534$230
40 years$3,678$2,317$1,410$835$485$203
41 years$3,548$2,205$1,322$771$440$179
42 years$3,425$2,100$1,240$711$399$159
43 years$3,308$2,001$1,164$656$362$140
44 years$3,196$1,908$1,092$606$329$124
45 years$3,090$1,819$1,026$560$298$109
46 years$2,989$1,735$963$517$271$97
47 years$2,892$1,656$905$478$246$85
48 years$2,799$1,581$851$441$223$76
49 years$2,711$1,510$799$408$203$67
50 years$2,626$1,442$752$377$184$59

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,690,000, adding $4,155 every year, while hoping to spend $25,604 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: 44/32/24 Blend
39$2,690,000$2,690,000$2,690,000$2,690,000
40$2,968,666$2,826,096$2,784,401$3,078,459
41$3,244,227$2,937,332$2,850,436$3,267,956
42$3,547,038$3,053,161$2,917,825$3,470,438
43$3,879,850$3,173,780$2,986,586$3,689,417
44$4,245,696$3,299,396$3,056,738$3,926,439
45$4,647,916$3,430,226$3,128,298$4,183,199
46$5,090,192$3,566,495$3,201,284$4,461,562
47$5,576,577$3,708,439$3,275,713$4,763,578
48$6,111,540$3,856,305$3,351,601$5,091,501
49$6,700,003$4,010,350$3,428,966$5,447,808
50$7,347,390$4,170,843$3,507,823$5,835,222
51$8,059,675$4,338,066$3,588,186$6,256,739
52$8,843,443$4,512,313$3,670,072$6,715,655
53$9,705,949$4,693,891$3,753,494$7,215,594
54$10,655,185$4,883,121$3,838,466$7,760,542
55$11,699,960$5,080,339$3,924,999$8,354,886
56$12,849,976$5,285,896$4,013,107$9,003,453
57$14,115,927$5,500,159$4,102,800$9,711,552
58$15,509,597$5,723,511$4,194,089$10,485,030
59$17,043,966$5,956,354$4,286,981$11,330,316
60$18,733,342$6,199,106$4,381,486$12,254,491
61$20,593,486$6,452,206$4,477,610$13,265,348
62$22,641,770$6,716,113$4,575,358$14,371,463
63$24,897,333$6,991,305$4,674,735$15,582,279
64$27,381,266$7,278,283$4,775,743$16,908,192
65$30,116,808$7,577,573$4,878,384$18,360,646
66$33,129,570$7,889,721$4,982,657$19,952,243
67$36,447,770$8,215,301$5,088,560$21,696,859
68$40,102,504$8,554,912$5,196,088$23,609,770
69$44,128,038$8,909,182$5,305,236$25,707,802
70$48,562,132$9,278,766$5,415,996$28,009,480
71$53,446,394$9,664,350$5,528,356$30,535,209
72$58,826,675$10,066,652$5,642,305$33,307,457
73$64,753,500$10,486,422$5,757,826$36,350,972
74$71,282,547$10,924,446$5,874,903$39,693,011
75$78,475,168$11,381,545$5,993,513$43,363,592
76$86,398,973$11,858,579$6,113,634$47,395,781
77$95,128,465$12,356,446$6,235,237$51,825,998
78$104,745,745$12,876,088$6,358,294$56,694,361
79$115,341,283$13,418,489$6,482,770$62,045,059
80$127,014,778$13,984,679$6,608,627$67,926,771
81$139,876,093$14,575,736$6,735,823$74,393,118
82$154,046,296$15,192,788$6,864,314$81,503,172
83$169,658,798$15,837,014$6,994,048$89,322,006
84$186,860,618$16,509,651$7,124,972$97,921,306
85$205,813,768$17,211,991$7,257,026$107,380,049
86$226,696,780$17,945,386$7,390,144$117,785,239
87$249,706,395$18,711,253$7,524,257$129,232,730
88$275,059,416$19,511,074$7,659,288$141,828,125
89$302,994,760$20,346,399$7,795,157$155,687,770
90$333,775,705$21,218,853$7,931,775$170,939,848
91$367,692,385$22,130,135$8,069,047$187,725,585
92$405,064,520$23,082,023$8,206,872$206,200,579
93$446,244,440$24,076,381$8,345,141$226,536,267
94$491,620,406$25,115,157$8,483,737$248,921,535
95$541,620,281$26,200,393$8,622,535$273,564,498
96$596,715,562$27,334,225$8,761,403$300,694,462
97$657,425,838$28,518,890$8,900,198$330,564,080
98$724,323,688$29,756,730$9,038,770$363,451,733
99$798,040,092$31,050,198$9,176,956$399,664,155
100$879,270,384$32,401,860$9,314,587$439,539,319