Can I retire at age 40 with 1,270,000?

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$104,875$103,941$103,030$102,140$101,272$98,306
2 years$51,919$50,952$50,014$49,106$48,225$45,260
3 years$34,269$33,297$32,363$31,463$30,596$27,726
4 years$25,445$24,477$23,552$22,667$21,821$19,068
5 years$20,153$19,190$18,277$17,410$16,588$13,960
6 years$16,625$15,670$14,771$13,923$13,126$10,624
7 years$14,107$13,160$12,274$11,447$10,675$8,299
8 years$12,219$11,281$10,410$9,603$8,856$6,606
9 years$10,751$9,822$8,966$8,179$7,458$5,330
10 years$9,578$8,657$7,817$7,051$6,354$4,347
11 years$8,618$7,707$6,882$6,136$5,465$3,574
12 years$7,819$6,918$6,107$5,382$4,736$2,958
13 years$7,144$6,251$5,456$4,752$4,130$2,461
14 years$6,565$5,682$4,903$4,218$3,620$2,056
15 years$6,064$5,191$4,426$3,762$3,187$1,723
16 years$5,627$4,763$4,013$3,368$2,817$1,449
17 years$5,241$4,386$3,652$3,026$2,498$1,221
18 years$4,898$4,053$3,334$2,727$2,221$1,031
19 years$4,592$3,756$3,052$2,464$1,980$872
20 years$4,316$3,491$2,801$2,232$1,768$738
21 years$4,068$3,251$2,576$2,026$1,582$626
22 years$3,842$3,035$2,374$1,842$1,418$531
23 years$3,636$2,839$2,192$1,677$1,273$451
24 years$3,447$2,660$2,028$1,530$1,144$383
25 years$3,274$2,496$1,878$1,397$1,030$326
26 years$3,115$2,346$1,742$1,277$928$277
27 years$2,967$2,208$1,617$1,169$836$236
28 years$2,831$2,080$1,503$1,071$755$201
29 years$2,704$1,962$1,399$982$681$171
30 years$2,585$1,853$1,303$902$616$146
31 years$2,475$1,752$1,215$828$557$124
32 years$2,371$1,658$1,134$761$503$106
33 years$2,274$1,570$1,058$700$456$90
34 years$2,183$1,488$989$644$413$77
35 years$2,098$1,411$925$593$374$66
36 years$2,017$1,339$865$546$339$56
37 years$1,941$1,272$810$503$307$48
38 years$1,869$1,209$758$464$278$41
39 years$1,801$1,150$710$427$252$35
40 years$1,736$1,094$666$394$229$30
41 years$1,675$1,041$624$364$208$25
42 years$1,617$992$586$336$188$22
43 years$1,562$945$549$310$171$18
44 years$1,509$901$516$286$155$16
45 years$1,459$859$484$264$141$13
46 years$1,411$819$455$244$128$11
47 years$1,365$782$427$226$116$10
48 years$1,322$746$402$208$105$8
49 years$1,280$713$377$193$96$7
50 years$1,240$681$355$178$87$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,270,000, adding $6,323 every year, while hoping to spend $25,839 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: 68/22/10 Blend
39$1,270,000$1,270,000$1,270,000$1,270,000
40$1,406,062$1,338,752$1,319,067$1,498,385
41$1,521,988$1,376,859$1,335,763$1,598,615
42$1,648,872$1,415,966$1,352,153$1,704,488
43$1,787,805$1,456,097$1,368,198$1,819,593
44$1,939,988$1,497,272$1,383,860$1,944,831
45$2,106,744$1,539,515$1,399,095$2,081,194
46$2,289,527$1,582,847$1,413,861$2,229,772
47$2,489,944$1,627,291$1,428,110$2,391,770
48$2,709,759$1,672,870$1,441,793$2,568,511
49$2,950,920$1,719,606$1,454,859$2,761,454
50$3,215,570$1,767,522$1,467,252$2,972,203
51$3,506,069$1,816,642$1,478,916$3,202,528
52$3,825,018$1,866,987$1,489,789$3,454,377
53$4,175,281$1,918,581$1,499,809$3,729,894
54$4,560,015$1,971,447$1,508,908$4,031,444
55$4,982,696$2,025,607$1,517,016$4,361,630
56$5,447,153$2,081,084$1,524,058$4,723,318
57$5,957,606$2,137,900$1,529,957$5,119,668
58$6,518,703$2,196,078$1,534,632$5,554,159
59$7,135,564$2,255,640$1,537,995$6,030,626
60$7,813,832$2,316,606$1,539,958$6,553,292
61$8,559,722$2,378,999$1,540,426$7,126,810
62$9,380,082$2,442,839$1,539,299$7,756,306
63$10,282,459$2,508,146$1,536,473$8,447,429
64$11,275,164$2,574,939$1,531,840$9,206,401
65$12,367,357$2,643,238$1,525,283$10,040,079
66$13,569,132$2,713,061$1,516,684$10,956,018
67$14,891,607$2,784,425$1,505,917$11,962,542
68$16,347,035$2,857,345$1,492,849$13,068,821
69$17,948,916$2,931,839$1,477,343$14,284,962
70$19,712,124$3,007,918$1,459,253$15,622,101
71$21,653,052$3,085,597$1,438,429$17,092,506
72$23,789,758$3,164,886$1,414,711$18,709,699
73$26,142,143$3,245,795$1,387,933$20,488,576
74$28,732,135$3,328,332$1,357,923$22,445,554
75$31,583,896$3,412,504$1,324,496$24,598,721
76$34,724,051$3,498,314$1,287,465$26,968,012
77$38,181,938$3,585,765$1,246,628$29,575,389
78$41,989,884$3,674,856$1,201,779$32,445,058
79$46,183,512$3,765,584$1,152,698$35,603,688
80$50,802,076$3,857,944$1,099,160$39,080,672
81$55,888,831$3,951,926$1,040,925$42,908,396
82$61,491,441$4,047,519$977,745$47,122,549
83$67,662,428$4,144,708$909,359$51,762,459
84$74,459,670$4,243,473$835,497$56,871,466
85$81,946,944$4,343,791$755,874$62,497,327
86$90,194,531$4,445,635$670,195$68,692,670
87$99,279,875$4,548,973$578,148$75,515,490
88$109,288,317$4,653,768$479,411$83,029,698
89$120,313,900$4,759,977$373,646$91,305,720
90$132,460,256$4,867,554$260,500$100,421,165
91$145,841,581$4,976,443$139,606$110,461,561
92$160,583,718$5,086,584$10,578$121,521,153
93$176,825,341$5,197,911$0$133,703,802
94$194,719,265$5,310,348$0$147,137,526
95$214,433,889$5,423,814$0$161,936,973
96$236,154,782$5,538,217$0$178,240,051
97$260,086,438$5,653,458$0$196,199,977
98$286,454,205$5,769,427$0$215,985,593
99$315,506,411$5,886,006$0$237,782,957
100$347,516,709$6,003,065$0$261,797,105