Can I retire at age 40 with 2,750,000?

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 $2,750,000?

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$227,092$225,070$223,096$221,170$219,289$213,988
2 years$112,422$110,328$108,299$106,332$104,423$99,114
3 years$74,204$72,101$70,077$68,128$66,250$61,100
4 years$55,098$53,002$50,998$49,082$47,250$42,297
5 years$43,638$41,554$39,576$37,700$35,919$31,177
6 years$36,000$33,932$31,984$30,149$28,421$23,896
7 years$30,547$28,496$26,579$24,787$23,114$18,806
8 years$26,458$24,426$22,541$20,793$19,175$15,082
9 years$23,280$21,268$19,414$17,711$16,149$12,267
10 years$20,740$18,746$16,926$15,267$13,759$10,086
11 years$18,662$16,689$14,901$13,287$11,834$8,362
12 years$16,932$14,979$13,224$11,655$10,255$6,979
13 years$15,469$13,537$11,815$10,289$8,942$5,857
14 years$14,216$12,304$10,616$9,134$7,839$4,937
15 years$13,132$11,240$9,585$8,146$6,902$4,177
16 years$12,184$10,313$8,690$7,293$6,100$3,544
17 years$11,348$9,498$7,908$6,553$5,409$3,015
18 years$10,606$8,776$7,219$5,906$4,809$2,570
19 years$9,943$8,134$6,608$5,336$4,286$2,195
20 years$9,346$7,558$6,065$4,833$3,829$1,877
21 years$8,808$7,040$5,578$4,386$3,426$1,607
22 years$8,319$6,572$5,141$3,988$3,071$1,378
23 years$7,873$6,146$4,747$3,632$2,757$1,182
24 years$7,465$5,759$4,390$3,313$2,478$1,015
25 years$7,090$5,404$4,066$3,025$2,230$872
26 years$6,744$5,079$3,771$2,766$2,008$750
27 years$6,425$4,780$3,502$2,532$1,811$645
28 years$6,129$4,504$3,256$2,320$1,634$555
29 years$5,854$4,249$3,030$2,127$1,475$478
30 years$5,598$4,013$2,822$1,952$1,333$412
31 years$5,359$3,794$2,631$1,793$1,205$355
32 years$5,135$3,590$2,455$1,648$1,090$305
33 years$4,925$3,399$2,292$1,515$987$263
34 years$4,728$3,222$2,141$1,394$893$227
35 years$4,542$3,056$2,002$1,284$809$196
36 years$4,368$2,900$1,873$1,182$733$169
37 years$4,203$2,755$1,753$1,089$664$145
38 years$4,047$2,618$1,642$1,004$602$125
39 years$3,899$2,489$1,538$926$546$108
40 years$3,760$2,369$1,442$854$495$93
41 years$3,627$2,255$1,352$788$449$80
42 years$3,501$2,147$1,268$727$408$69
43 years$3,381$2,046$1,190$671$370$60
44 years$3,267$1,950$1,117$620$336$52
45 years$3,159$1,860$1,049$572$305$45
46 years$3,055$1,774$985$529$277$38
47 years$2,956$1,693$925$488$251$33
48 years$2,862$1,616$870$451$228$29
49 years$2,771$1,543$817$417$207$25
50 years$2,685$1,474$768$385$188$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,750,000, adding $6,017 every year, while hoping to spend $36,930 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: 60/28/12 Blend
39$2,750,000$2,750,000$2,750,000$2,750,000
40$3,036,707$2,890,957$2,848,332$3,209,762
41$3,307,157$2,993,320$2,904,457$3,429,203
42$3,603,956$3,099,462$2,961,226$3,663,761
43$3,929,752$3,209,528$3,018,619$3,918,724
44$4,287,462$3,323,670$3,076,618$4,196,065
45$4,680,301$3,442,047$3,135,202$4,497,952
46$5,111,807$3,564,823$3,194,347$4,826,771
47$5,585,882$3,692,170$3,254,028$5,185,150
48$6,106,821$3,824,265$3,314,217$5,575,976
49$6,679,358$3,961,296$3,374,885$6,002,432
50$7,308,708$4,103,455$3,435,999$6,468,018
51$8,000,616$4,250,943$3,497,524$6,976,587
52$8,761,410$4,403,971$3,559,423$7,532,381
53$9,598,064$4,562,756$3,621,654$8,140,070
54$10,518,261$4,727,525$3,684,173$8,804,796
55$11,530,465$4,898,516$3,746,935$9,532,219
56$12,644,004$5,075,975$3,809,889$10,328,573
57$13,869,153$5,260,158$3,872,981$11,200,720
58$15,217,235$5,451,333$3,936,153$12,156,218
59$16,700,723$5,649,779$3,999,345$13,203,391
60$18,333,364$5,855,786$4,062,490$14,351,403
61$20,130,303$6,069,655$4,125,520$15,610,350
62$22,108,229$6,291,703$4,188,360$16,991,350
63$24,285,529$6,522,257$4,250,930$18,506,646
64$26,682,465$6,761,660$4,313,148$20,169,727
65$29,321,362$7,010,267$4,374,925$21,995,448
66$32,226,822$7,268,450$4,436,165$24,000,172
67$35,425,950$7,536,597$4,496,770$26,201,924
68$38,948,618$7,815,111$4,556,632$28,620,560
69$42,827,738$8,104,413$4,615,640$31,277,952
70$47,099,579$8,404,941$4,673,676$34,198,194
71$51,804,105$8,717,152$4,730,613$37,407,831
72$56,985,354$9,041,523$4,786,319$40,936,104
73$62,691,853$9,378,550$4,840,654$44,815,227
74$68,977,076$9,728,754$4,893,470$49,080,692
75$75,899,948$10,092,672$4,944,611$53,771,600
76$83,525,399$10,470,870$4,993,912$58,931,027
77$91,924,982$10,863,935$5,041,200$64,606,436
78$101,177,542$11,272,479$5,086,292$70,850,117
79$111,369,964$11,697,143$5,128,996$77,719,683
80$122,597,990$12,138,593$5,169,107$85,278,609
81$134,967,127$12,597,526$5,206,414$93,596,834
82$148,593,636$13,074,667$5,240,690$102,751,416
83$163,605,634$13,570,773$5,271,701$112,827,260
84$180,144,303$14,086,635$5,299,197$123,917,916
85$198,365,219$14,623,077$5,322,918$136,126,462
86$218,439,824$15,180,960$5,342,588$149,566,475
87$240,557,041$15,761,183$5,357,920$164,363,097
88$264,925,059$16,364,681$5,368,610$180,654,223
89$291,773,299$16,992,433$5,374,342$198,591,793
90$321,354,574$17,645,461$5,374,781$218,343,227
91$353,947,481$18,324,829$5,369,577$240,093,003
92$389,859,029$19,031,651$5,358,363$264,044,396
93$429,427,536$19,767,088$5,340,754$290,421,397
94$473,025,822$20,532,352$5,316,346$319,470,819
95$521,064,727$21,328,709$5,284,715$351,464,633
96$573,996,995$22,157,482$5,245,419$386,702,523
97$632,321,540$23,020,050$5,197,992$425,514,721
98$696,588,159$23,917,854$5,141,946$468,265,117
99$767,402,722$24,852,400$5,076,773$515,354,691
100$845,432,892$25,825,260$5,001,937$567,225,297