Can I retire at age 40 with 2,770,000?

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 $2,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$228,744$226,706$224,719$222,778$220,884$217,583
2 years$113,240$111,131$109,087$107,105$105,183$101,865
3 years$74,743$72,625$70,586$68,623$66,732$63,500
4 years$55,499$53,387$51,369$49,439$47,594$44,473
5 years$43,955$41,856$39,864$37,974$36,180$33,179
6 years$36,262$34,179$32,216$30,368$28,628$25,750
7 years$30,769$28,703$26,772$24,967$23,282$20,529
8 years$26,651$24,604$22,705$20,944$19,315$16,685
9 years$23,450$21,422$19,556$17,840$16,266$13,759
10 years$20,890$18,883$17,049$15,378$13,859$11,473
11 years$18,798$16,810$15,010$13,384$11,920$9,652
12 years$17,055$15,088$13,321$11,739$10,329$8,177
13 years$15,582$13,635$11,901$10,364$9,007$6,967
14 years$14,320$12,394$10,693$9,200$7,896$5,965
15 years$13,227$11,322$9,655$8,205$6,952$5,127
16 years$12,272$10,388$8,753$7,347$6,144$4,422
17 years$11,430$9,567$7,965$6,601$5,448$3,824
18 years$10,683$8,840$7,271$5,949$4,844$3,315
19 years$10,015$8,193$6,656$5,375$4,318$2,879
20 years$9,414$7,613$6,109$4,868$3,857$2,506
21 years$8,872$7,091$5,619$4,418$3,451$2,183
22 years$8,379$6,620$5,179$4,017$3,093$1,905
23 years$7,930$6,191$4,782$3,659$2,777$1,664
24 years$7,519$5,801$4,422$3,337$2,496$1,455
25 years$7,141$5,444$4,096$3,047$2,246$1,274
26 years$6,794$5,116$3,799$2,786$2,023$1,115
27 years$6,472$4,815$3,527$2,550$1,824$977
28 years$6,174$4,537$3,279$2,337$1,646$857
29 years$5,897$4,280$3,052$2,143$1,486$752
30 years$5,639$4,042$2,842$1,967$1,343$660
31 years$5,398$3,821$2,650$1,806$1,214$579
32 years$5,172$3,616$2,472$1,660$1,098$509
33 years$4,961$3,424$2,309$1,526$994$447
34 years$4,762$3,245$2,157$1,404$900$393
35 years$4,575$3,078$2,017$1,293$815$345
36 years$4,399$2,922$1,886$1,191$738$303
37 years$4,233$2,775$1,766$1,097$669$267
38 years$4,076$2,637$1,654$1,011$607$235
39 years$3,928$2,508$1,549$932$550$206
40 years$3,787$2,386$1,452$860$499$181
41 years$3,653$2,271$1,362$793$453$160
42 years$3,527$2,163$1,277$732$411$140
43 years$3,406$2,061$1,198$676$373$124
44 years$3,291$1,964$1,125$624$338$109
45 years$3,182$1,873$1,056$576$307$96
46 years$3,077$1,787$992$532$279$84
47 years$2,978$1,705$932$492$253$74
48 years$2,883$1,628$876$455$230$65
49 years$2,792$1,555$823$420$209$57
50 years$2,704$1,485$774$388$190$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,770,000, adding $2,065 every year, while hoping to spend $33,403 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: 67/15/18 Blend
39$2,770,000$2,770,000$2,770,000$2,770,000
40$3,054,670$2,907,860$2,864,925$3,245,725
41$3,330,706$3,014,805$2,925,360$3,480,682
42$3,633,778$3,125,870$2,986,699$3,733,431
43$3,966,608$3,241,223$3,048,939$4,008,996
44$4,332,196$3,361,037$3,112,072$4,309,619
45$4,733,846$3,485,493$3,176,092$4,637,766
46$5,175,196$3,614,780$3,240,989$4,996,152
47$5,660,256$3,749,095$3,306,752$5,387,767
48$6,193,445$3,888,642$3,373,371$5,815,902
49$6,779,627$4,033,637$3,440,830$6,284,182
50$7,424,165$4,184,301$3,509,114$6,796,598
51$8,132,966$4,340,869$3,578,205$7,357,544
52$8,912,539$4,503,581$3,648,085$7,971,861
53$9,770,053$4,672,691$3,718,731$8,644,878
54$10,713,409$4,848,464$3,790,119$9,382,467
55$11,751,312$5,031,174$3,862,223$10,191,092
56$12,893,353$5,221,109$3,935,015$11,077,875
57$14,150,099$5,418,567$4,008,462$12,050,660
58$15,533,195$5,623,863$4,082,531$13,118,088
59$17,055,469$5,837,321$4,157,185$14,289,674
60$18,731,059$6,059,282$4,232,383$15,575,904
61$20,575,542$6,290,100$4,308,082$16,988,326
62$22,606,079$6,530,148$4,384,235$18,539,661
63$24,841,585$6,779,810$4,460,792$20,243,926
64$27,302,896$7,039,491$4,537,699$22,116,560
65$30,012,977$7,309,612$4,614,897$24,174,572
66$32,997,130$7,590,612$4,692,325$26,436,703
67$36,283,235$7,882,950$4,769,916$28,923,599
68$39,902,016$8,187,105$4,847,599$31,658,004
69$43,887,326$8,503,577$4,925,297$34,664,980
70$48,276,469$8,832,888$5,002,931$37,972,138
71$53,110,553$9,175,584$5,080,413$41,609,897
72$58,434,875$9,532,233$5,157,653$45,611,777
73$64,299,350$9,903,430$5,234,552$50,014,706
74$70,758,980$10,289,795$5,311,006$54,859,374
75$77,874,378$10,691,977$5,386,907$60,190,614
76$85,712,333$11,110,652$5,462,136$66,057,826
77$94,346,444$11,546,528$5,536,571$72,515,439
78$103,857,816$12,000,342$5,610,081$79,623,427
79$114,335,820$12,472,866$5,682,526$87,447,873
80$125,878,943$12,964,905$5,753,759$96,061,594
81$138,595,712$13,477,302$5,823,627$105,544,823
82$152,605,720$14,010,936$5,891,964$115,985,969
83$168,040,757$14,566,725$5,958,598$127,482,449
84$185,046,049$15,145,629$6,023,346$140,141,608
85$203,781,632$15,748,651$6,086,014$154,081,730
86$224,423,862$16,376,839$6,146,399$169,433,151
87$247,167,080$17,031,288$6,204,288$186,339,495
88$272,225,444$17,713,142$6,259,453$204,959,020
89$299,834,951$18,423,598$6,311,657$225,466,119
90$330,255,668$19,163,906$6,360,649$248,052,957
91$363,774,180$19,935,372$6,406,164$272,931,291
92$400,706,302$20,739,361$6,447,927$300,334,462
93$441,400,056$21,577,301$6,485,644$330,519,600
94$486,238,957$22,450,683$6,519,008$363,770,046
95$535,645,633$23,361,069$6,547,697$400,398,031
96$590,085,814$24,310,088$6,571,371$440,747,615
97$650,072,730$25,299,445$6,589,675$485,197,938
98$716,171,953$26,330,923$6,602,234$534,166,798
99$789,006,739$27,406,385$6,608,656$588,114,588
100$869,263,909$28,527,780$6,608,528$647,548,648