Can I retire at age 40 with 1,100,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$90,837$90,028$89,238$88,468$87,716$86,476
2 years$44,969$44,131$43,320$42,533$41,769$40,523
3 years$29,681$28,840$28,031$27,251$26,500$25,286
4 years$22,039$21,201$20,399$19,633$18,900$17,727
5 years$17,455$16,622$15,831$15,080$14,368$13,239
6 years$14,400$13,573$12,793$12,060$11,369$10,286
7 years$12,219$11,398$10,631$9,915$9,246$8,209
8 years$10,583$9,771$9,016$8,317$7,670$6,680
9 years$9,312$8,507$7,766$7,084$6,459$5,515
10 years$8,296$7,499$6,770$6,107$5,504$4,604
11 years$7,465$6,675$5,960$5,315$4,733$3,878
12 years$6,773$5,992$5,290$4,662$4,102$3,290
13 years$6,188$5,415$4,726$4,116$3,577$2,807
14 years$5,687$4,922$4,246$3,653$3,135$2,406
15 years$5,253$4,496$3,834$3,258$2,761$2,071
16 years$4,873$4,125$3,476$2,917$2,440$1,789
17 years$4,539$3,799$3,163$2,621$2,163$1,549
18 years$4,242$3,510$2,887$2,362$1,924$1,345
19 years$3,977$3,253$2,643$2,135$1,715$1,170
20 years$3,739$3,023$2,426$1,933$1,531$1,019
21 years$3,523$2,816$2,231$1,755$1,371$890
22 years$3,327$2,629$2,057$1,595$1,228$778
23 years$3,149$2,459$1,899$1,453$1,103$680
24 years$2,986$2,304$1,756$1,325$991$596
25 years$2,836$2,162$1,627$1,210$892$522
26 years$2,698$2,032$1,509$1,106$803$458
27 years$2,570$1,912$1,401$1,013$724$402
28 years$2,452$1,802$1,302$928$654$353
29 years$2,342$1,700$1,212$851$590$310
30 years$2,239$1,605$1,129$781$533$273
31 years$2,143$1,517$1,052$717$482$240
32 years$2,054$1,436$982$659$436$211
33 years$1,970$1,360$917$606$395$186
34 years$1,891$1,289$857$558$357$163
35 years$1,817$1,222$801$513$324$144
36 years$1,747$1,160$749$473$293$127
37 years$1,681$1,102$701$436$266$112
38 years$1,619$1,047$657$402$241$98
39 years$1,560$996$615$370$218$87
40 years$1,504$947$577$342$198$76
41 years$1,451$902$541$315$180$67
42 years$1,400$859$507$291$163$59
43 years$1,353$818$476$268$148$52
44 years$1,307$780$447$248$134$46
45 years$1,264$744$419$229$122$41
46 years$1,222$710$394$211$111$36
47 years$1,183$677$370$195$101$32
48 years$1,145$646$348$180$91$28
49 years$1,109$617$327$167$83$24
50 years$1,074$590$307$154$75$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,100,000, adding $2,453 every year, while hoping to spend $43,623 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: 59/26/15 Blend
39$1,100,000$1,100,000$1,100,000$1,100,000
40$1,214,730$1,156,430$1,139,380$1,281,633
41$1,292,218$1,166,681$1,131,135$1,337,347
42$1,376,148$1,175,972$1,121,151$1,393,017
43$1,467,130$1,184,209$1,109,325$1,452,702
44$1,565,837$1,191,295$1,095,547$1,516,798
45$1,673,008$1,197,124$1,079,703$1,585,736
46$1,789,454$1,201,583$1,061,673$1,659,998
47$1,916,071$1,204,553$1,041,332$1,740,111
48$2,053,842$1,205,908$1,018,548$1,826,662
49$2,203,849$1,205,512$993,184$1,920,295
50$2,367,283$1,203,223$965,097$2,021,724
51$2,545,454$1,198,890$934,136$2,131,736
52$2,739,805$1,192,350$900,144$2,251,201
53$2,951,923$1,183,433$862,957$2,381,080
54$3,183,556$1,171,958$822,403$2,522,432
55$3,436,628$1,157,733$778,303$2,676,428
56$3,713,256$1,140,554$730,468$2,844,361
57$4,015,771$1,120,205$678,702$3,027,657
58$4,346,742$1,096,457$622,801$3,227,892
59$4,708,995$1,069,069$562,550$3,446,804
60$5,105,643$1,037,783$497,726$3,686,313
61$5,540,113$1,002,329$428,094$3,948,538
62$6,016,180$962,419$353,411$4,235,817
63$6,538,002$917,749$273,422$4,550,730
64$7,110,157$867,998$187,860$4,896,126
65$7,737,689$812,825$96,449$5,275,148
66$8,426,151$751,871$0$5,691,264
67$9,181,661$684,756$0$6,148,480
68$10,010,959$611,077$0$6,667,325
69$10,921,467$530,410$0$7,237,058
70$11,921,363$442,307$0$7,862,872
71$13,019,654$346,292$0$8,550,495
72$14,226,264$241,865$0$9,306,242
73$15,552,124$128,498$0$10,137,075
74$17,009,278$5,631$0$11,050,672
75$18,610,992$0$0$12,055,499
76$20,371,885$0$0$13,197,317
77$22,308,060$0$0$14,454,665
78$24,437,259$0$0$15,837,465
79$26,779,030$0$0$17,358,427
80$29,354,911$0$0$19,031,551
81$32,188,631$0$0$20,872,265
82$35,306,335$0$0$22,897,565
83$38,736,831$0$0$25,126,181
84$42,511,859$0$0$27,578,747
85$46,666,391$0$0$30,278,000
86$51,238,963$0$0$33,248,993
87$56,272,035$0$0$36,519,330
88$61,812,390$0$0$40,119,428
89$67,911,581$0$0$44,082,803
90$74,626,411$0$0$48,446,385
91$82,019,470$0$0$53,250,866
92$90,159,728$0$0$58,541,088
93$99,123,183$0$0$64,366,459
94$108,993,575$0$0$70,781,425
95$119,863,181$0$0$77,845,980
96$131,833,684$0$0$85,626,231
97$145,017,129$0$0$94,195,027
98$159,536,981$0$0$103,632,640
99$175,529,294$0$0$114,027,526
100$193,143,989$0$0$125,477,158