Can I retire at age 40 with 2,730,000?

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 $2,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$225,441$223,433$221,474$219,561$217,694$212,431
2 years$111,604$109,526$107,511$105,558$103,664$98,393
3 years$73,664$71,576$69,567$67,632$65,769$60,655
4 years$54,697$52,616$50,627$48,725$46,907$41,990
5 years$43,320$41,252$39,289$37,426$35,658$30,951
6 years$35,738$33,685$31,751$29,930$28,215$23,722
7 years$30,324$28,289$26,385$24,607$22,946$18,669
8 years$26,266$24,249$22,377$20,642$19,036$14,973
9 years$23,111$21,113$19,273$17,582$16,031$12,178
10 years$20,589$18,610$16,803$15,156$13,659$10,012
11 years$18,526$16,567$14,793$13,190$11,747$8,301
12 years$16,809$14,870$13,128$11,570$10,180$6,929
13 years$15,357$13,438$11,729$10,214$8,877$5,815
14 years$14,113$12,215$10,539$9,067$7,782$4,901
15 years$13,036$11,158$9,515$8,086$6,852$4,146
16 years$12,095$10,238$8,627$7,240$6,056$3,518
17 years$11,265$9,429$7,850$6,505$5,369$2,993
18 years$10,529$8,712$7,166$5,863$4,774$2,551
19 years$9,870$8,075$6,560$5,297$4,255$2,179
20 years$9,278$7,503$6,021$4,798$3,801$1,863
21 years$8,744$6,989$5,538$4,354$3,401$1,596
22 years$8,258$6,524$5,104$3,959$3,049$1,368
23 years$7,816$6,102$4,713$3,606$2,737$1,174
24 years$7,410$5,717$4,358$3,289$2,460$1,008
25 years$7,038$5,365$4,037$3,003$2,214$866
26 years$6,695$5,042$3,744$2,746$1,994$745
27 years$6,378$4,745$3,477$2,514$1,798$641
28 years$6,085$4,472$3,232$2,303$1,622$551
29 years$5,811$4,218$3,008$2,112$1,465$475
30 years$5,557$3,984$2,801$1,938$1,323$409
31 years$5,320$3,766$2,612$1,780$1,196$352
32 years$5,097$3,563$2,437$1,636$1,082$303
33 years$4,889$3,375$2,275$1,504$979$261
34 years$4,693$3,198$2,126$1,384$887$225
35 years$4,509$3,034$1,987$1,274$803$194
36 years$4,336$2,879$1,859$1,173$728$167
37 years$4,172$2,735$1,740$1,081$660$144
38 years$4,017$2,599$1,630$997$598$124
39 years$3,871$2,471$1,527$919$542$107
40 years$3,732$2,351$1,431$848$492$93
41 years$3,601$2,238$1,342$782$446$80
42 years$3,476$2,132$1,259$722$405$69
43 years$3,357$2,031$1,181$666$367$59
44 years$3,244$1,936$1,109$615$334$51
45 years$3,136$1,846$1,041$568$303$44
46 years$3,033$1,761$978$525$275$38
47 years$2,935$1,681$919$485$250$33
48 years$2,841$1,604$863$448$227$28
49 years$2,751$1,532$811$414$206$24
50 years$2,665$1,464$763$383$187$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,730,000, adding $6,657 every year, while hoping to spend $52,011 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: 68/7/25 Blend
39$2,730,000$2,730,000$2,730,000$2,730,000
40$3,015,327$2,870,637$2,828,322$3,200,566
41$3,267,551$2,955,959$2,867,731$3,411,070
42$3,543,758$3,043,718$2,906,718$3,634,707
43$3,846,341$3,133,980$2,945,212$3,878,171
44$4,177,933$3,226,809$2,983,141$4,143,419
45$4,541,433$3,322,275$3,020,428$4,432,611
46$4,940,038$3,420,444$3,056,991$4,748,125
47$5,377,264$3,521,388$3,092,742$5,092,580
48$5,856,988$3,625,179$3,127,592$5,468,861
49$6,383,477$3,731,890$3,161,443$5,880,150
50$6,961,435$3,841,595$3,194,194$6,329,947
51$7,596,040$3,954,372$3,225,738$6,822,113
52$8,292,997$4,070,297$3,255,962$7,360,899
53$9,058,592$4,189,451$3,284,746$7,950,991
54$9,899,749$4,311,915$3,311,965$8,597,551
55$10,824,095$4,437,770$3,337,488$9,306,266
56$11,840,033$4,567,101$3,361,174$10,083,405
57$12,956,821$4,699,994$3,382,878$10,935,872
58$14,184,658$4,836,535$3,402,446$11,871,279
59$15,534,781$4,976,814$3,419,716$12,898,010
60$17,019,571$5,120,919$3,434,518$14,025,305
61$18,652,666$5,268,944$3,446,674$15,263,347
62$20,449,096$5,420,980$3,455,995$16,623,355
63$22,425,418$5,577,122$3,462,286$18,117,694
64$24,599,877$5,737,467$3,465,338$19,759,989
65$26,992,572$5,902,111$3,464,935$21,565,253
66$29,625,653$6,071,153$3,460,849$23,550,034
67$32,523,524$6,244,693$3,452,841$25,732,563
68$35,713,072$6,422,833$3,440,661$28,132,934
69$39,223,928$6,605,673$3,424,045$30,773,289
70$43,088,736$6,793,319$3,402,718$33,678,027
71$47,343,470$6,985,875$3,376,392$36,874,040
72$52,027,767$7,183,446$3,344,764$40,390,959
73$57,185,303$7,386,138$3,307,517$44,261,440
74$62,864,205$7,594,060$3,264,320$48,521,470
75$69,117,504$7,807,319$3,214,825$53,210,707
76$76,003,635$8,026,023$3,158,667$58,372,855
77$83,586,991$8,250,283$3,095,467$64,056,075
78$91,938,524$8,480,208$3,024,826$70,313,444
79$101,136,423$8,715,907$2,946,327$77,203,452
80$111,266,842$8,957,491$2,859,533$84,790,557
81$122,424,721$9,205,069$2,763,989$93,145,793
82$134,714,677$9,458,751$2,659,217$102,347,441
83$148,251,991$9,718,647$2,544,717$112,481,768
84$163,163,698$9,984,865$2,419,970$123,643,842
85$179,589,785$10,257,513$2,284,428$135,938,431
86$197,684,509$10,536,697$2,137,522$149,480,991
87$217,617,857$10,822,523$1,978,657$164,398,757
88$239,577,146$11,115,095$1,807,210$180,831,945
89$263,768,795$11,414,514$1,622,531$198,935,077
90$290,420,267$11,720,880$1,423,941$218,878,436
91$319,782,221$12,034,290$1,210,730$240,849,683
92$352,130,876$12,354,839$982,158$265,055,619
93$387,770,617$12,682,617$737,452$291,724,145
94$427,036,866$13,017,712$475,802$321,106,414
95$470,299,252$13,360,205$196,368$353,479,198
96$517,965,098$13,710,177$0$389,147,508
97$570,483,262$14,067,700$0$428,474,636
98$628,348,379$14,432,842$0$471,861,498
99$692,105,527$14,805,665$0$519,664,121
100$762,355,371$15,186,222$0$572,332,622