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%14.7%
1 years$94,966$94,120$93,295$92,489$91,703$89,925
2 years$47,013$46,137$45,289$44,466$43,668$41,884
3 years$31,031$30,151$29,305$28,490$27,705$25,970
4 years$23,041$22,164$21,326$20,525$19,759$18,088
5 years$18,248$17,377$16,550$15,765$15,021$13,417
6 years$15,055$14,190$13,375$12,608$11,885$10,351
7 years$12,774$11,916$11,115$10,365$9,666$8,201
8 years$11,064$10,215$9,426$8,695$8,019$6,623
9 years$9,735$8,894$8,119$7,407$6,753$5,426
10 years$8,673$7,839$7,078$6,384$5,754$4,494
11 years$7,804$6,979$6,231$5,556$4,949$3,755
12 years$7,081$6,264$5,530$4,874$4,288$3,159
13 years$6,469$5,661$4,941$4,303$3,739$2,672
14 years$5,945$5,145$4,439$3,820$3,278$2,271
15 years$5,491$4,700$4,008$3,406$2,886$1,937
16 years$5,095$4,313$3,634$3,050$2,551$1,658
17 years$4,745$3,972$3,307$2,740$2,262$1,422
18 years$4,435$3,670$3,019$2,470$2,011$1,223
19 years$4,158$3,401$2,763$2,232$1,792$1,054
20 years$3,908$3,161$2,536$2,021$1,601$910
21 years$3,683$2,944$2,333$1,834$1,433$786
22 years$3,479$2,748$2,150$1,668$1,284$680
23 years$3,292$2,570$1,985$1,519$1,153$589
24 years$3,122$2,408$1,836$1,385$1,036$511
25 years$2,965$2,260$1,700$1,265$932$443
26 years$2,820$2,124$1,577$1,157$840$385
27 years$2,687$1,999$1,464$1,059$757$334
28 years$2,563$1,884$1,361$970$683$290
29 years$2,448$1,777$1,267$890$617$252
30 years$2,341$1,678$1,180$816$557$220
31 years$2,241$1,586$1,100$750$504$191
32 years$2,147$1,501$1,026$689$456$166
33 years$2,059$1,422$958$634$413$145
34 years$1,977$1,347$895$583$374$126
35 years$1,900$1,278$837$537$338$110
36 years$1,826$1,213$783$494$307$96
37 years$1,758$1,152$733$455$278$83
38 years$1,692$1,095$686$420$252$72
39 years$1,631$1,041$643$387$228$63
40 years$1,572$990$603$357$207$55
41 years$1,517$943$565$329$188$48
42 years$1,464$898$530$304$171$42
43 years$1,414$856$498$281$155$36
44 years$1,366$816$467$259$141$32
45 years$1,321$778$439$239$128$28
46 years$1,278$742$412$221$116$24
47 years$1,236$708$387$204$105$21
48 years$1,197$676$364$189$96$18
49 years$1,159$645$342$174$87$16
50 years$1,123$617$321$161$79$14

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 $4,154 every year, while hoping to spend $31,345 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: 58/22/20 Blend
39$1,150,000$1,150,000$1,150,000$1,150,000
40$1,271,585$1,210,635$1,192,810$1,338,362
41$1,367,936$1,236,605$1,199,418$1,410,189
42$1,473,064$1,262,797$1,205,197$1,484,703
43$1,587,831$1,289,189$1,210,086$1,565,242
44$1,713,187$1,315,757$1,214,021$1,652,395
45$1,850,176$1,342,473$1,216,935$1,746,809
46$1,999,949$1,369,309$1,218,758$1,849,199
47$2,163,772$1,396,234$1,219,414$1,960,351
48$2,343,040$1,423,212$1,218,827$2,081,133
49$2,539,287$1,450,206$1,216,915$2,212,502
50$2,754,206$1,477,178$1,213,593$2,355,510
51$2,989,657$1,504,082$1,208,771$2,511,319
52$3,247,692$1,530,871$1,202,354$2,681,211
53$3,530,568$1,557,496$1,194,245$2,866,596
54$3,840,774$1,583,901$1,184,340$3,069,030
55$4,181,048$1,610,028$1,172,531$3,290,229
56$4,554,409$1,635,813$1,158,705$3,532,083
57$4,964,180$1,661,189$1,142,742$3,796,677
58$5,414,021$1,686,082$1,124,519$4,086,309
59$5,907,967$1,710,416$1,103,906$4,403,510
60$6,450,459$1,734,106$1,080,767$4,751,075
61$7,046,392$1,757,063$1,054,958$5,132,079
62$7,701,156$1,779,191$1,026,332$5,549,918
63$8,420,692$1,800,389$994,731$6,008,331
64$9,211,541$1,820,547$959,993$6,511,441
65$10,080,913$1,839,549$921,948$7,063,795
66$11,036,750$1,857,270$880,417$7,670,402
67$12,087,801$1,873,579$835,213$8,336,786
68$13,243,706$1,888,333$786,142$9,069,037
69$14,515,086$1,901,384$733,000$9,873,866
70$15,913,643$1,912,571$675,575$10,758,672
71$17,452,271$1,921,723$613,643$11,731,610
72$19,145,176$1,928,660$546,972$12,801,671
73$21,008,009$1,933,189$475,321$13,978,765
74$23,058,016$1,935,106$398,435$15,273,815
75$25,314,201$1,934,194$316,050$16,698,862
76$27,797,501$1,930,221$227,889$18,267,180
77$30,530,987$1,922,943$133,664$19,993,397
78$33,540,081$1,912,099$33,075$21,893,641
79$36,852,792$1,897,415$0$23,985,686
80$40,499,985$1,878,598$0$26,304,974
81$44,515,671$1,855,336$0$28,865,814
82$48,937,325$1,827,303$0$31,685,016
83$53,806,241$1,794,150$0$34,788,894
84$59,167,921$1,755,507$0$38,206,444
85$65,072,506$1,710,984$0$41,969,626
86$71,575,247$1,660,167$0$46,113,655
87$78,737,026$1,602,619$0$50,677,345
88$86,624,931$1,537,875$0$55,703,468
89$95,312,889$1,465,446$0$61,239,161
90$104,882,363$1,384,813$0$67,336,372
91$115,423,122$1,295,427$0$74,052,351
92$127,034,086$1,196,708$0$81,450,187
93$139,824,258$1,088,042$0$89,599,412
94$153,913,758$968,782$0$98,576,648
95$169,434,951$838,242$0$108,466,341
96$186,533,699$695,698$0$119,361,551
97$205,370,734$540,386$0$131,364,835
98$226,123,182$371,497$0$144,589,217
99$248,986,224$188,178$0$159,159,253
100$274,174,949$0$0$175,212,209