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%15.2%
1 years$94,966$94,120$93,295$92,489$91,703$89,741
2 years$47,013$46,137$45,289$44,466$43,668$41,701
3 years$31,031$30,151$29,305$28,490$27,705$25,794
4 years$23,041$22,164$21,326$20,525$19,759$17,920
5 years$18,248$17,377$16,550$15,765$15,021$13,257
6 years$15,055$14,190$13,375$12,608$11,885$10,200
7 years$12,774$11,916$11,115$10,365$9,666$8,059
8 years$11,064$10,215$9,426$8,695$8,019$6,490
9 years$9,735$8,894$8,119$7,407$6,753$5,301
10 years$8,673$7,839$7,078$6,384$5,754$4,377
11 years$7,804$6,979$6,231$5,556$4,949$3,645
12 years$7,081$6,264$5,530$4,874$4,288$3,056
13 years$6,469$5,661$4,941$4,303$3,739$2,577
14 years$5,945$5,145$4,439$3,820$3,278$2,183
15 years$5,491$4,700$4,008$3,406$2,886$1,855
16 years$5,095$4,313$3,634$3,050$2,551$1,582
17 years$4,745$3,972$3,307$2,740$2,262$1,353
18 years$4,435$3,670$3,019$2,470$2,011$1,159
19 years$4,158$3,401$2,763$2,232$1,792$995
20 years$3,908$3,161$2,536$2,021$1,601$855
21 years$3,683$2,944$2,333$1,834$1,433$736
22 years$3,479$2,748$2,150$1,668$1,284$635
23 years$3,292$2,570$1,985$1,519$1,153$548
24 years$3,122$2,408$1,836$1,385$1,036$473
25 years$2,965$2,260$1,700$1,265$932$409
26 years$2,820$2,124$1,577$1,157$840$353
27 years$2,687$1,999$1,464$1,059$757$306
28 years$2,563$1,884$1,361$970$683$265
29 years$2,448$1,777$1,267$890$617$229
30 years$2,341$1,678$1,180$816$557$198
31 years$2,241$1,586$1,100$750$504$172
32 years$2,147$1,501$1,026$689$456$149
33 years$2,059$1,422$958$634$413$129
34 years$1,977$1,347$895$583$374$112
35 years$1,900$1,278$837$537$338$97
36 years$1,826$1,213$783$494$307$84
37 years$1,758$1,152$733$455$278$73
38 years$1,692$1,095$686$420$252$63
39 years$1,631$1,041$643$387$228$55
40 years$1,572$990$603$357$207$48
41 years$1,517$943$565$329$188$41
42 years$1,464$898$530$304$171$36
43 years$1,414$856$498$281$155$31
44 years$1,366$816$467$259$141$27
45 years$1,321$778$439$239$128$23
46 years$1,278$742$412$221$116$20
47 years$1,236$708$387$204$105$18
48 years$1,197$676$364$189$96$15
49 years$1,159$645$342$174$87$13
50 years$1,123$617$321$161$79$12

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 $4,835 every year, while hoping to spend $46,106 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: 49/31/20 Blend
39$1,150,000$1,150,000$1,150,000$1,150,000
40$1,272,287$1,211,337$1,193,512$1,327,265
41$1,353,004$1,221,636$1,184,439$1,376,208
42$1,440,409$1,230,895$1,173,516$1,424,269
43$1,535,135$1,239,013$1,160,633$1,475,511
44$1,637,879$1,245,885$1,145,674$1,530,251
45$1,749,407$1,251,397$1,128,518$1,588,843
46$1,870,561$1,255,431$1,109,039$1,651,674
47$2,002,269$1,257,857$1,087,102$1,719,178
48$2,145,549$1,258,541$1,062,569$1,791,832
49$2,301,524$1,257,339$1,035,294$1,870,165
50$2,471,428$1,254,097$1,005,125$1,954,762
51$2,656,620$1,248,654$971,902$2,046,271
52$2,858,594$1,240,837$935,460$2,145,410
53$3,078,996$1,230,463$895,623$2,252,971
54$3,319,636$1,217,338$852,209$2,369,832
55$3,582,510$1,201,258$805,029$2,496,963
56$3,869,811$1,182,005$753,882$2,635,438
57$4,183,956$1,159,348$698,562$2,786,444
58$4,527,605$1,133,042$638,850$2,951,294
59$4,903,689$1,102,829$574,519$3,131,438
60$5,315,433$1,068,436$505,333$3,328,480
61$5,766,389$1,029,571$431,044$3,544,194
62$6,260,470$985,929$351,393$3,780,538
63$6,801,982$937,184$266,109$4,039,677
64$7,395,672$882,993$174,911$4,324,005
65$8,046,765$822,994$77,505$4,636,163
66$8,761,016$756,802$0$4,979,072
67$9,544,765$684,011$0$5,361,601
68$10,404,996$604,192$0$5,799,686
69$11,349,400$516,892$0$6,280,775
70$12,386,451$421,632$0$6,809,287
71$13,525,482$317,905$0$7,390,099
72$14,776,777$205,178$0$8,028,587
73$16,151,662$82,886$0$8,730,684
74$17,662,617$0$0$9,502,934
75$19,323,388$0$0$10,369,465
76$21,149,123$0$0$11,353,285
77$23,156,507$0$0$12,435,128
78$25,363,925$0$0$13,624,918
79$27,791,631$0$0$14,933,591
80$30,461,942$0$0$16,373,196
81$33,399,444$0$0$17,957,006
82$36,631,230$0$0$19,699,647
83$40,187,145$0$0$21,617,235
84$44,100,080$0$0$23,727,527
85$48,406,270$0$0$26,050,086
86$53,145,643$0$0$28,606,470
87$58,362,193$0$0$31,420,432
88$64,104,395$0$0$34,518,146
89$70,425,664$0$0$37,928,451
90$77,384,854$0$0$41,683,125
91$85,046,819$0$0$45,817,183
92$93,483,019$0$0$50,369,211
93$102,772,195$0$0$55,381,723
94$113,001,116$0$0$60,901,570
95$124,265,391$0$0$66,980,375
96$136,670,374$0$0$73,675,023
97$150,332,157$0$0$81,048,199
98$165,378,667$0$0$89,168,976
99$181,950,868$0$0$98,113,470
100$200,204,097$0$0$107,965,553