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

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 $1,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$94,966$94,120$93,295$92,489$91,703$89,160
2 years$47,013$46,137$45,289$44,466$43,668$41,126
3 years$31,031$30,151$29,305$28,490$27,705$25,242
4 years$23,041$22,164$21,326$20,525$19,759$17,395
5 years$18,248$17,377$16,550$15,765$15,021$12,761
6 years$15,055$14,190$13,375$12,608$11,885$9,733
7 years$12,774$11,916$11,115$10,365$9,666$7,621
8 years$11,064$10,215$9,426$8,695$8,019$6,080
9 years$9,735$8,894$8,119$7,407$6,753$4,918
10 years$8,673$7,839$7,078$6,384$5,754$4,021
11 years$7,804$6,979$6,231$5,556$4,949$3,315
12 years$7,081$6,264$5,530$4,874$4,288$2,750
13 years$6,469$5,661$4,941$4,303$3,739$2,294
14 years$5,945$5,145$4,439$3,820$3,278$1,922
15 years$5,491$4,700$4,008$3,406$2,886$1,616
16 years$5,095$4,313$3,634$3,050$2,551$1,362
17 years$4,745$3,972$3,307$2,740$2,262$1,151
18 years$4,435$3,670$3,019$2,470$2,011$975
19 years$4,158$3,401$2,763$2,232$1,792$827
20 years$3,908$3,161$2,536$2,021$1,601$702
21 years$3,683$2,944$2,333$1,834$1,433$597
22 years$3,479$2,748$2,150$1,668$1,284$508
23 years$3,292$2,570$1,985$1,519$1,153$433
24 years$3,122$2,408$1,836$1,385$1,036$369
25 years$2,965$2,260$1,700$1,265$932$315
26 years$2,820$2,124$1,577$1,157$840$269
27 years$2,687$1,999$1,464$1,059$757$230
28 years$2,563$1,884$1,361$970$683$196
29 years$2,448$1,777$1,267$890$617$168
30 years$2,341$1,678$1,180$816$557$143
31 years$2,241$1,586$1,100$750$504$123
32 years$2,147$1,501$1,026$689$456$105
33 years$2,059$1,422$958$634$413$90
34 years$1,977$1,347$895$583$374$77
35 years$1,900$1,278$837$537$338$66
36 years$1,826$1,213$783$494$307$56
37 years$1,758$1,152$733$455$278$48
38 years$1,692$1,095$686$420$252$41
39 years$1,631$1,041$643$387$228$35
40 years$1,572$990$603$357$207$30
41 years$1,517$943$565$329$188$26
42 years$1,464$898$530$304$171$22
43 years$1,414$856$498$281$155$19
44 years$1,366$816$467$259$141$16
45 years$1,321$778$439$239$128$14
46 years$1,278$742$412$221$116$12
47 years$1,236$708$387$204$105$10
48 years$1,197$676$364$189$96$9
49 years$1,159$645$342$174$87$7
50 years$1,123$617$321$161$79$6

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 $3,785 every year, while hoping to spend $21,123 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: 43/28/29 Blend
39$1,150,000$1,150,000$1,150,000$1,150,000
40$1,271,204$1,210,254$1,192,429$1,314,975
41$1,378,392$1,247,082$1,209,901$1,383,596
42$1,495,806$1,285,006$1,227,250$1,455,620
43$1,624,465$1,324,059$1,244,450$1,533,261
44$1,765,494$1,364,271$1,261,473$1,617,053
45$1,920,131$1,405,678$1,278,289$1,707,584
46$2,089,740$1,448,311$1,294,867$1,805,499
47$2,275,822$1,492,207$1,311,174$1,911,513
48$2,480,032$1,537,401$1,327,174$2,026,407
49$2,704,192$1,583,930$1,342,831$2,151,045
50$2,950,308$1,631,832$1,358,104$2,286,378
51$3,220,593$1,681,145$1,372,954$2,433,453
52$3,517,481$1,731,908$1,387,336$2,593,423
53$3,843,656$1,784,164$1,401,203$2,767,556
54$4,202,074$1,837,953$1,414,509$2,957,251
55$4,595,991$1,893,318$1,427,200$3,164,050
56$5,028,994$1,950,303$1,439,224$3,389,647
57$5,505,037$2,008,953$1,450,523$3,635,914
58$6,028,473$2,069,314$1,461,037$3,904,908
59$6,604,100$2,131,433$1,470,705$4,198,899
60$7,237,204$2,195,358$1,479,459$4,520,385
61$7,933,608$2,261,140$1,487,230$4,872,119
62$8,699,729$2,328,829$1,493,946$5,257,136
63$9,542,636$2,398,477$1,499,528$5,678,778
64$10,470,120$2,470,137$1,503,897$6,140,727
65$11,490,762$2,543,863$1,506,967$6,647,040
66$12,614,019$2,619,712$1,508,650$7,202,190
67$13,850,311$2,697,740$1,508,852$7,811,102
68$15,211,119$2,778,006$1,507,475$8,479,204
69$16,709,095$2,860,569$1,504,416$9,212,478
70$18,358,176$2,945,491$1,499,568$10,017,516
71$20,173,724$3,032,834$1,492,817$10,901,579
72$22,172,662$3,122,661$1,484,045$11,872,672
73$24,373,640$3,215,038$1,473,127$12,939,613
74$26,797,209$3,310,032$1,459,934$14,112,121
75$29,466,011$3,407,711$1,444,329$15,400,905
76$32,404,999$3,508,143$1,426,169$16,817,767
77$35,641,667$3,611,401$1,405,304$18,375,711
78$39,206,314$3,717,556$1,381,578$20,089,069
79$43,132,324$3,826,682$1,354,827$21,973,633
80$47,456,486$3,938,855$1,324,879$24,046,807
81$52,219,340$4,054,152$1,291,555$26,327,770
82$57,465,558$4,172,650$1,254,667$28,837,656
83$63,244,364$4,294,429$1,214,018$31,599,757
84$69,610,005$4,419,571$1,169,403$34,639,740
85$76,622,254$4,548,159$1,120,606$37,985,889
86$84,346,982$4,680,277$1,067,404$41,669,375
87$92,856,773$4,816,010$1,009,562$45,724,549
88$102,231,615$4,955,445$946,833$50,189,264
89$112,559,649$5,098,672$878,962$55,105,237
90$123,938,006$5,245,779$805,679$60,518,441
91$136,473,719$5,396,859$726,706$66,479,538
92$150,284,738$5,552,004$641,750$73,044,358
93$165,501,037$5,711,308$550,504$80,274,428
94$182,265,847$5,874,866$452,651$88,237,552
95$200,737,004$6,042,776$347,855$97,008,451
96$221,088,441$6,215,134$235,771$106,669,469
97$243,511,827$6,392,041$116,034$117,311,351
98$268,218,377$6,573,595$0$129,034,099
99$295,440,848$6,759,898$0$141,951,554
100$325,435,734$6,951,052$0$156,220,082