Can I retire at age 40 with 2,810,000?

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 $2,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$232,047$229,980$227,964$225,995$224,073$220,180
2 years$114,875$112,735$110,662$108,652$106,702$102,792
3 years$75,822$73,674$71,606$69,614$67,696$63,891
4 years$56,300$54,158$52,111$50,153$48,281$44,611
5 years$44,590$42,461$40,440$38,522$36,703$33,178
6 years$36,785$34,672$32,681$30,807$29,042$25,666
7 years$31,213$29,118$27,158$25,328$23,619$20,393
8 years$27,036$24,959$23,033$21,247$19,594$16,518
9 years$23,788$21,732$19,838$18,098$16,501$13,572
10 years$21,192$19,155$17,295$15,600$14,060$11,276
11 years$19,069$17,053$15,226$13,577$12,092$9,450
12 years$17,301$15,306$13,513$11,909$10,478$7,975
13 years$15,807$13,832$12,073$10,514$9,137$6,769
14 years$14,527$12,573$10,848$9,333$8,010$5,772
15 years$13,418$11,485$9,794$8,323$7,052$4,941
16 years$12,449$10,538$8,880$7,453$6,233$4,243
17 years$11,595$9,705$8,080$6,696$5,527$3,654
18 years$10,837$8,968$7,376$6,035$4,914$3,154
19 years$10,159$8,311$6,752$5,453$4,380$2,727
20 years$9,550$7,723$6,197$4,938$3,912$2,363
21 years$9,000$7,194$5,700$4,482$3,501$2,050
22 years$8,500$6,715$5,254$4,075$3,138$1,780
23 years$8,045$6,281$4,851$3,711$2,817$1,548
24 years$7,628$5,884$4,486$3,385$2,532$1,347
25 years$7,245$5,522$4,155$3,091$2,278$1,173
26 years$6,892$5,190$3,854$2,827$2,052$1,023
27 years$6,565$4,884$3,578$2,587$1,850$892
28 years$6,263$4,603$3,327$2,370$1,670$778
29 years$5,982$4,342$3,096$2,174$1,508$679
30 years$5,720$4,101$2,883$1,995$1,362$593
31 years$5,475$3,876$2,688$1,832$1,232$518
32 years$5,247$3,668$2,508$1,684$1,114$453
33 years$5,032$3,474$2,342$1,548$1,008$396
34 years$4,831$3,292$2,188$1,425$913$346
35 years$4,641$3,123$2,046$1,312$827$303
36 years$4,463$2,964$1,914$1,208$749$265
37 years$4,294$2,815$1,791$1,113$679$232
38 years$4,135$2,675$1,677$1,026$616$203
39 years$3,985$2,544$1,572$946$558$177
40 years$3,842$2,420$1,473$872$506$155
41 years$3,706$2,304$1,381$805$459$136
42 years$3,578$2,194$1,296$743$417$119
43 years$3,455$2,090$1,216$686$378$104
44 years$3,339$1,993$1,141$633$343$91
45 years$3,228$1,900$1,072$585$312$80
46 years$3,122$1,813$1,006$540$283$70
47 years$3,021$1,730$946$499$257$61
48 years$2,924$1,651$889$461$233$53
49 years$2,832$1,577$835$426$212$47
50 years$2,744$1,506$785$394$193$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,810,000, adding $4,753 every year, while hoping to spend $26,537 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: 70/19/11 Blend
39$2,810,000$2,810,000$2,810,000$2,810,000
40$3,101,523$2,952,593$2,909,038$3,311,296
41$3,389,643$3,069,035$2,978,255$3,567,426
42$3,706,262$3,190,293$3,048,902$3,843,940
43$4,054,259$3,316,575$3,120,999$4,145,828
44$4,436,805$3,448,099$3,194,564$4,475,581
45$4,857,394$3,585,091$3,269,617$4,835,943
46$5,319,877$3,727,789$3,346,178$5,229,932
47$5,828,495$3,876,441$3,424,265$5,660,872
48$6,387,920$4,031,306$3,503,897$6,132,422
49$7,003,301$4,192,653$3,585,091$6,648,609
50$7,680,312$4,360,767$3,667,865$7,213,869
51$8,425,202$4,535,943$3,752,237$7,833,082
52$9,244,858$4,718,489$3,838,222$8,511,625
53$10,146,868$4,908,729$3,925,837$9,255,419
54$11,139,592$5,107,001$4,015,096$10,070,980
55$12,232,243$5,313,657$4,106,014$10,965,488
56$13,434,971$5,529,066$4,198,606$11,946,848
57$14,758,962$5,753,613$4,292,882$13,023,766
58$16,216,539$5,987,703$4,388,857$14,205,832
59$17,821,282$6,231,756$4,486,539$15,503,605
60$19,588,154$6,486,214$4,585,940$16,928,717
61$21,533,643$6,751,536$4,687,067$18,493,981
62$23,675,919$7,028,206$4,789,928$20,213,509
63$26,035,002$7,316,726$4,894,529$22,102,846
64$28,632,950$7,617,625$5,000,874$24,179,114
65$31,494,075$7,931,452$5,108,967$26,461,176
66$34,645,162$8,258,785$5,218,809$28,969,811
67$38,115,729$8,600,225$5,330,399$31,727,908
68$41,938,301$8,956,405$5,443,736$34,760,683
69$46,148,722$9,327,982$5,558,814$38,095,916
70$50,786,485$9,715,647$5,675,628$41,764,211
71$55,895,114$10,120,121$5,794,170$45,799,285
72$61,522,568$10,542,159$5,914,427$50,238,281
73$67,721,696$10,982,551$6,036,386$55,122,124
74$74,550,736$11,442,123$6,160,032$60,495,902
75$82,073,863$11,921,739$6,285,344$66,409,289
76$90,361,795$12,422,303$6,412,302$72,917,016
77$99,492,464$12,944,761$6,540,879$80,079,384
78$109,551,744$13,490,103$6,671,048$87,962,832
79$120,634,268$14,059,364$6,802,775$96,640,563
80$132,844,320$14,653,630$6,936,024$106,193,233
81$146,296,816$15,274,033$7,070,756$116,709,710
82$161,118,392$15,921,761$7,206,927$128,287,912
83$177,448,596$16,598,055$7,344,487$141,035,729
84$195,441,209$17,304,216$7,483,383$155,072,042
85$215,265,693$18,041,604$7,623,558$170,527,839
86$237,108,793$18,811,642$7,764,947$187,547,451
87$261,176,299$19,615,821$7,907,481$206,289,913
88$287,694,986$20,455,701$8,051,086$226,930,463
89$316,914,759$21,332,914$8,195,682$249,662,193
90$349,111,007$22,249,170$8,341,180$274,697,872
91$384,587,207$23,206,257$8,487,487$302,271,945
92$423,677,786$24,206,047$8,634,501$332,642,753
93$466,751,279$25,250,502$8,782,116$366,094,963
94$514,213,806$26,341,674$8,930,213$402,942,251
95$566,512,909$27,481,710$9,078,670$443,530,265
96$624,141,773$28,672,861$9,227,353$488,239,883
97$687,643,884$29,917,482$9,376,120$537,490,803
98$757,618,160$31,218,038$9,524,820$591,745,504
99$834,724,602$32,577,112$9,673,291$651,513,609
100$919,690,527$33,997,405$9,821,361$717,356,689