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

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$104,875$103,941$103,030$102,140$101,272$98,904
2 years$51,919$50,952$50,014$49,106$48,225$45,852
3 years$34,269$33,297$32,363$31,463$30,596$28,293
4 years$25,445$24,477$23,552$22,667$21,821$19,606
5 years$20,153$19,190$18,277$17,410$16,588$14,467
6 years$16,625$15,670$14,771$13,923$13,126$11,101
7 years$14,107$13,160$12,274$11,447$10,675$8,746
8 years$12,219$11,281$10,410$9,603$8,856$7,022
9 years$10,751$9,822$8,966$8,179$7,458$5,719
10 years$9,578$8,657$7,817$7,051$6,354$4,707
11 years$8,618$7,707$6,882$6,136$5,465$3,908
12 years$7,819$6,918$6,107$5,382$4,736$3,266
13 years$7,144$6,251$5,456$4,752$4,130$2,744
14 years$6,565$5,682$4,903$4,218$3,620$2,317
15 years$6,064$5,191$4,426$3,762$3,187$1,962
16 years$5,627$4,763$4,013$3,368$2,817$1,668
17 years$5,241$4,386$3,652$3,026$2,498$1,421
18 years$4,898$4,053$3,334$2,727$2,221$1,213
19 years$4,592$3,756$3,052$2,464$1,980$1,037
20 years$4,316$3,491$2,801$2,232$1,768$888
21 years$4,068$3,251$2,576$2,026$1,582$762
22 years$3,842$3,035$2,374$1,842$1,418$654
23 years$3,636$2,839$2,192$1,677$1,273$562
24 years$3,447$2,660$2,028$1,530$1,144$484
25 years$3,274$2,496$1,878$1,397$1,030$416
26 years$3,115$2,346$1,742$1,277$928$358
27 years$2,967$2,208$1,617$1,169$836$309
28 years$2,831$2,080$1,503$1,071$755$266
29 years$2,704$1,962$1,399$982$681$230
30 years$2,585$1,853$1,303$902$616$198
31 years$2,475$1,752$1,215$828$557$171
32 years$2,371$1,658$1,134$761$503$147
33 years$2,274$1,570$1,058$700$456$127
34 years$2,183$1,488$989$644$413$110
35 years$2,098$1,411$925$593$374$95
36 years$2,017$1,339$865$546$339$82
37 years$1,941$1,272$810$503$307$71
38 years$1,869$1,209$758$464$278$61
39 years$1,801$1,150$710$427$252$53
40 years$1,736$1,094$666$394$229$46
41 years$1,675$1,041$624$364$208$39
42 years$1,617$992$586$336$188$34
43 years$1,562$945$549$310$171$29
44 years$1,509$901$516$286$155$25
45 years$1,459$859$484$264$141$22
46 years$1,411$819$455$244$128$19
47 years$1,365$782$427$226$116$16
48 years$1,322$746$402$208$105$14
49 years$1,280$713$377$193$96$12
50 years$1,240$681$355$178$87$11

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 $3,269 every year, while hoping to spend $29,103 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: 69/23/8 Blend
39$1,270,000$1,270,000$1,270,000$1,270,000
40$1,402,912$1,335,602$1,315,917$1,497,503
41$1,515,044$1,370,081$1,329,035$1,595,064
42$1,637,637$1,405,274$1,341,617$1,697,896
43$1,771,729$1,441,186$1,353,614$1,809,598
44$1,918,461$1,477,819$1,364,975$1,931,035
45$2,079,089$1,515,177$1,375,647$2,063,159
46$2,254,996$1,553,261$1,385,571$2,207,018
47$2,447,708$1,592,073$1,394,689$2,363,765
48$2,658,900$1,631,611$1,402,938$2,534,673
49$2,890,423$1,671,874$1,410,251$2,721,139
50$3,144,310$1,712,861$1,416,559$2,924,706
51$3,422,805$1,754,566$1,421,789$3,147,071
52$3,728,376$1,796,985$1,425,864$3,390,105
53$4,063,744$1,840,110$1,428,704$3,655,867
54$4,431,903$1,883,933$1,430,223$3,946,626
55$4,836,156$1,928,444$1,430,333$4,264,883
56$5,280,136$1,973,630$1,428,942$4,613,391
57$5,767,849$2,019,477$1,425,951$4,995,183
58$6,303,706$2,065,968$1,421,257$5,413,602
59$6,892,569$2,113,085$1,414,753$5,872,331
60$7,539,791$2,160,806$1,406,328$6,375,426
61$8,251,271$2,209,107$1,395,861$6,927,358
62$9,033,508$2,257,961$1,383,230$7,533,051
63$9,893,663$2,307,338$1,368,305$8,197,933
64$10,839,623$2,357,205$1,350,950$8,927,981
65$11,880,082$2,407,524$1,331,024$9,729,786
66$13,024,613$2,458,256$1,308,376$10,610,605
67$14,283,769$2,509,356$1,282,852$11,578,439
68$15,669,174$2,560,775$1,254,288$12,642,102
69$17,193,637$2,612,460$1,222,514$13,811,306
70$18,871,270$2,664,353$1,187,351$15,096,754
71$20,717,625$2,716,391$1,148,612$16,510,240
72$22,749,834$2,768,506$1,106,102$18,064,758
73$24,986,778$2,820,623$1,059,617$19,774,632
74$27,449,258$2,872,663$1,008,943$21,655,640
75$30,160,197$2,924,538$953,857$23,725,175
76$33,144,852$2,976,155$894,126$26,002,398
77$36,431,053$3,027,414$829,506$28,508,427
78$40,049,468$3,078,205$759,742$31,266,535
79$44,033,889$3,128,411$684,568$34,302,366
80$48,421,551$3,177,909$603,706$37,644,180
81$53,253,484$3,226,562$516,866$41,323,120
82$58,574,903$3,274,226$423,744$45,373,505
83$64,435,627$3,320,747$324,024$49,833,156
84$70,890,557$3,365,960$217,374$54,743,748
85$78,000,188$3,409,686$103,451$60,151,213
86$85,831,184$3,451,737$0$66,106,162
87$94,457,003$3,491,911$0$72,665,922
88$103,958,593$3,529,990$0$79,899,935
89$114,425,155$3,565,746$0$87,867,133
90$125,954,984$3,598,931$0$96,642,198
91$138,656,398$3,629,283$0$106,307,430
92$152,648,757$3,656,524$0$116,953,520
93$168,063,592$3,680,357$0$128,680,410
94$185,045,848$3,700,463$0$141,598,237
95$203,755,247$3,716,508$0$155,828,369
96$224,367,798$3,728,133$0$171,504,554
97$247,077,459$3,734,957$0$188,774,181
98$272,097,966$3,736,576$0$207,799,674
99$299,664,850$3,732,561$0$228,760,022
100$330,037,663$3,722,455$0$251,852,474