Can I retire at age 40 with 1,110,000?

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 $1,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$91,663$90,846$90,050$89,272$88,513$86,868
2 years$45,378$44,532$43,713$42,919$42,149$40,498
3 years$29,951$29,102$28,285$27,499$26,741$25,135
4 years$22,240$21,393$20,585$19,811$19,072$17,524
5 years$17,614$16,773$15,974$15,217$14,498$13,012
6 years$14,531$13,696$12,910$12,169$11,472$10,050
7 years$12,330$11,502$10,728$10,005$9,330$7,972
8 years$10,680$9,859$9,098$8,393$7,740$6,445
9 years$9,397$8,584$7,836$7,149$6,518$5,287
10 years$8,371$7,567$6,832$6,162$5,554$4,384
11 years$7,533$6,736$6,015$5,363$4,776$3,667
12 years$6,834$6,046$5,338$4,704$4,139$3,089
13 years$6,244$5,464$4,769$4,153$3,609$2,617
14 years$5,738$4,966$4,285$3,687$3,164$2,227
15 years$5,300$4,537$3,869$3,288$2,786$1,902
16 years$4,918$4,163$3,508$2,944$2,462$1,630
17 years$4,580$3,834$3,192$2,645$2,183$1,401
18 years$4,281$3,542$2,914$2,384$1,941$1,206
19 years$4,013$3,283$2,667$2,154$1,730$1,041
20 years$3,773$3,051$2,448$1,951$1,545$900
21 years$3,555$2,842$2,252$1,770$1,383$779
22 years$3,358$2,653$2,075$1,610$1,240$675
23 years$3,178$2,481$1,916$1,466$1,113$585
24 years$3,013$2,324$1,772$1,337$1,000$508
25 years$2,862$2,181$1,641$1,221$900$442
26 years$2,722$2,050$1,522$1,117$811$384
27 years$2,593$1,929$1,414$1,022$731$334
28 years$2,474$1,818$1,314$936$660$291
29 years$2,363$1,715$1,223$859$596$253
30 years$2,259$1,620$1,139$788$538$221
31 years$2,163$1,531$1,062$724$486$192
32 years$2,073$1,449$991$665$440$168
33 years$1,988$1,372$925$612$398$146
34 years$1,908$1,300$864$563$361$127
35 years$1,833$1,233$808$518$327$111
36 years$1,763$1,171$756$477$296$97
37 years$1,696$1,112$708$440$268$85
38 years$1,633$1,057$663$405$243$74
39 years$1,574$1,005$621$374$220$64
40 years$1,518$956$582$345$200$56
41 years$1,464$910$546$318$181$49
42 years$1,413$867$512$293$165$43
43 years$1,365$826$480$271$149$37
44 years$1,319$787$451$250$136$33
45 years$1,275$751$423$231$123$29
46 years$1,233$716$398$213$112$25
47 years$1,193$683$373$197$102$22
48 years$1,155$652$351$182$92$19
49 years$1,119$623$330$168$84$17
50 years$1,084$595$310$156$76$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,110,000, adding $6,039 every year, while hoping to spend $55,784 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: 52/29/19 Blend
39$1,110,000$1,110,000$1,110,000$1,110,000
40$1,229,449$1,170,619$1,153,414$1,286,669
41$1,295,499$1,168,626$1,132,700$1,324,673
42$1,366,417$1,164,665$1,109,422$1,359,673
43$1,442,639$1,158,582$1,083,436$1,396,540
44$1,524,647$1,150,211$1,054,590$1,435,470
45$1,612,968$1,139,378$1,022,725$1,476,679
46$1,708,181$1,125,898$987,677$1,520,413
47$1,810,923$1,109,574$949,271$1,566,941
48$1,921,892$1,090,198$907,326$1,616,566
49$2,041,857$1,067,550$861,654$1,669,623
50$2,171,662$1,041,396$812,055$1,726,488
51$2,312,236$1,011,488$758,323$1,787,575
52$2,464,599$977,566$700,242$1,853,348
53$2,629,873$939,352$637,585$1,924,321
54$2,809,292$896,552$570,116$2,001,067
55$3,004,214$848,858$497,589$2,084,220
56$3,216,132$795,940$419,747$2,174,486
57$3,446,689$737,452$336,319$2,272,649
58$3,697,691$673,027$247,026$2,379,576
59$3,971,128$602,278$151,574$2,496,234
60$4,269,188$524,794$49,656$2,623,690
61$4,594,280$440,144$0$2,763,132
62$4,949,055$347,869$0$2,927,857
63$5,336,430$247,487$0$3,118,862
64$5,759,619$138,487$0$3,327,753
65$6,222,158$20,330$0$3,556,393
66$6,727,940$0$0$3,806,841
67$7,281,252$0$0$4,115,690
68$7,886,815$0$0$4,460,913
69$8,549,825$0$0$4,839,001
70$9,276,007$0$0$5,253,230
71$10,071,664$0$0$5,707,211
72$10,943,737$0$0$6,204,919
73$11,899,872$0$0$6,750,735
74$12,948,488$0$0$7,349,480
75$14,098,860$0$0$8,006,468
76$15,361,204$0$0$8,727,550
77$16,746,771$0$0$9,519,172
78$18,267,955$0$0$10,388,433
79$19,938,410$0$0$11,343,156
80$21,773,176$0$0$12,391,956
81$23,788,821$0$0$13,544,326
82$26,003,597$0$0$14,810,721
83$28,437,613$0$0$16,202,662
84$31,113,020$0$0$17,732,841
85$34,054,224$0$0$19,415,239
86$37,288,112$0$0$21,265,262
87$40,844,309$0$0$23,299,882
88$44,755,451$0$0$25,537,798
89$49,057,497$0$0$27,999,614
90$53,790,068$0$0$30,708,029
91$58,996,815$0$0$33,688,054
92$64,725,835$0$0$36,967,248
93$71,030,122$0$0$40,575,975
94$77,968,068$0$0$44,547,691
95$85,604,010$0$0$48,919,261
96$94,008,839$0$0$53,731,303
97$103,260,667$0$0$59,028,575
98$113,445,563$0$0$64,860,395
99$124,658,366$0$0$71,281,103
100$137,003,578$0$0$78,350,580