Can I retire at age 40 with 1,150,000?

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 $1,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$94,966$94,120$93,295$92,489$91,703$88,029
2 years$47,013$46,137$45,289$44,466$43,668$40,013
3 years$31,031$30,151$29,305$28,490$27,705$24,184
4 years$23,041$22,164$21,326$20,525$19,759$16,399
5 years$18,248$17,377$16,550$15,765$15,021$11,829
6 years$15,055$14,190$13,375$12,608$11,885$8,865
7 years$12,774$11,916$11,115$10,365$9,666$6,816
8 years$11,064$10,215$9,426$8,695$8,019$5,335
9 years$9,735$8,894$8,119$7,407$6,753$4,232
10 years$8,673$7,839$7,078$6,384$5,754$3,391
11 years$7,804$6,979$6,231$5,556$4,949$2,738
12 years$7,081$6,264$5,530$4,874$4,288$2,224
13 years$6,469$5,661$4,941$4,303$3,739$1,815
14 years$5,945$5,145$4,439$3,820$3,278$1,487
15 years$5,491$4,700$4,008$3,406$2,886$1,222
16 years$5,095$4,313$3,634$3,050$2,551$1,007
17 years$4,745$3,972$3,307$2,740$2,262$831
18 years$4,435$3,670$3,019$2,470$2,011$687
19 years$4,158$3,401$2,763$2,232$1,792$569
20 years$3,908$3,161$2,536$2,021$1,601$472
21 years$3,683$2,944$2,333$1,834$1,433$391
22 years$3,479$2,748$2,150$1,668$1,284$325
23 years$3,292$2,570$1,985$1,519$1,153$270
24 years$3,122$2,408$1,836$1,385$1,036$224
25 years$2,965$2,260$1,700$1,265$932$187
26 years$2,820$2,124$1,577$1,157$840$155
27 years$2,687$1,999$1,464$1,059$757$129
28 years$2,563$1,884$1,361$970$683$107
29 years$2,448$1,777$1,267$890$617$89
30 years$2,341$1,678$1,180$816$557$74
31 years$2,241$1,586$1,100$750$504$62
32 years$2,147$1,501$1,026$689$456$52
33 years$2,059$1,422$958$634$413$43
34 years$1,977$1,347$895$583$374$36
35 years$1,900$1,278$837$537$338$30
36 years$1,826$1,213$783$494$307$25
37 years$1,758$1,152$733$455$278$21
38 years$1,692$1,095$686$420$252$17
39 years$1,631$1,041$643$387$228$14
40 years$1,572$990$603$357$207$12
41 years$1,517$943$565$329$188$10
42 years$1,464$898$530$304$171$8
43 years$1,414$856$498$281$155$7
44 years$1,366$816$467$259$141$6
45 years$1,321$778$439$239$128$5
46 years$1,278$742$412$221$116$4
47 years$1,236$708$387$204$105$3
48 years$1,197$676$364$189$96$3
49 years$1,159$645$342$174$87$2
50 years$1,123$617$321$161$79$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,150,000, adding $4,996 every year, while hoping to spend $31,021 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: 85/8/7 Blend
39$1,150,000$1,150,000$1,150,000$1,150,000
40$1,272,453$1,211,503$1,193,678$1,379,454
41$1,369,238$1,237,861$1,200,660$1,476,376
42$1,474,854$1,264,470$1,206,837$1,578,084
43$1,590,171$1,291,311$1,212,148$1,688,837
44$1,716,144$1,318,361$1,216,530$1,809,526
45$1,853,825$1,345,595$1,219,918$1,941,129
46$2,004,372$1,372,987$1,222,243$2,084,723
47$2,169,062$1,400,506$1,223,432$2,241,496
48$2,349,297$1,428,122$1,223,408$2,412,755
49$2,546,625$1,455,799$1,222,091$2,599,939
50$2,762,747$1,483,500$1,219,398$2,804,634
51$2,999,540$1,511,184$1,215,240$3,028,588
52$3,259,067$1,538,807$1,209,525$3,273,724
53$3,543,604$1,566,321$1,202,156$3,542,162
54$3,855,656$1,593,674$1,193,032$3,836,236
55$4,197,980$1,620,812$1,182,047$4,158,519
56$4,573,617$1,647,674$1,169,088$4,511,844
57$4,985,913$1,674,198$1,154,039$4,899,333
58$5,438,556$1,700,313$1,136,779$5,324,425
59$5,935,607$1,725,946$1,117,179$5,790,909
60$6,481,540$1,751,018$1,095,106$6,302,960
61$7,081,283$1,775,445$1,070,419$6,865,179
62$7,740,268$1,799,135$1,042,971$7,482,631
63$8,464,475$1,821,992$1,012,610$8,160,903
64$9,260,493$1,843,912$979,175$8,906,146
65$10,135,584$1,864,785$942,498$9,725,139
66$11,097,746$1,884,491$902,404$10,625,352
67$12,155,791$1,902,906$858,709$11,615,017
68$13,319,427$1,919,894$811,221$12,703,202
69$14,599,352$1,935,313$759,741$13,899,901
70$16,007,352$1,949,009$704,059$15,216,126
71$17,556,413$1,960,821$643,955$16,664,011
72$19,260,841$1,970,575$579,202$18,256,928
73$21,136,402$1,978,089$509,560$20,009,611
74$23,200,465$1,983,165$434,780$21,938,296
75$25,472,169$1,985,597$354,602$24,060,874
76$27,972,603$1,985,163$268,754$26,397,060
77$30,725,002$1,981,630$176,951$28,968,581
78$33,754,971$1,974,749$78,897$31,799,377
79$37,090,721$1,964,255$0$34,915,830
80$40,763,339$1,949,868$0$38,348,934
81$44,807,080$1,931,291$0$42,135,219
82$49,259,686$1,908,209$0$46,304,112
83$54,162,751$1,880,288$0$50,894,547
84$59,562,104$1,847,174$0$55,949,420
85$65,508,245$1,808,492$0$61,516,005
86$72,056,823$1,763,845$0$67,646,396
87$79,269,158$1,712,812$0$74,397,994
88$87,212,821$1,654,949$0$81,834,057
89$95,962,272$1,589,785$0$90,024,290
90$105,599,559$1,516,820$0$99,045,509
91$116,215,097$1,435,527$0$108,982,360
92$127,908,519$1,345,350$0$119,928,121
93$140,789,613$1,245,697$0$131,985,583
94$154,979,363$1,135,946$0$145,268,019
95$170,611,088$1,015,437$0$159,900,254
96$187,831,699$883,473$0$176,019,840
97$206,803,088$739,320$0$193,778,361
98$227,703,655$582,198$0$213,342,858
99$250,729,989$411,287$0$234,897,408
100$276,098,726$225,719$0$258,644,861