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%14.7%
1 years$104,875$103,941$103,030$102,140$101,272$99,308
2 years$51,919$50,952$50,014$49,106$48,225$46,254
3 years$34,269$33,297$32,363$31,463$30,596$28,680
4 years$25,445$24,477$23,552$22,667$21,821$19,975
5 years$20,153$19,190$18,277$17,410$16,588$14,817
6 years$16,625$15,670$14,771$13,923$13,126$11,431
7 years$14,107$13,160$12,274$11,447$10,675$9,057
8 years$12,219$11,281$10,410$9,603$8,856$7,315
9 years$10,751$9,822$8,966$8,179$7,458$5,992
10 years$9,578$8,657$7,817$7,051$6,354$4,963
11 years$8,618$7,707$6,882$6,136$5,465$4,147
12 years$7,819$6,918$6,107$5,382$4,736$3,488
13 years$7,144$6,251$5,456$4,752$4,130$2,951
14 years$6,565$5,682$4,903$4,218$3,620$2,508
15 years$6,064$5,191$4,426$3,762$3,187$2,139
16 years$5,627$4,763$4,013$3,368$2,817$1,831
17 years$5,241$4,386$3,652$3,026$2,498$1,571
18 years$4,898$4,053$3,334$2,727$2,221$1,351
19 years$4,592$3,756$3,052$2,464$1,980$1,164
20 years$4,316$3,491$2,801$2,232$1,768$1,004
21 years$4,068$3,251$2,576$2,026$1,582$868
22 years$3,842$3,035$2,374$1,842$1,418$751
23 years$3,636$2,839$2,192$1,677$1,273$651
24 years$3,447$2,660$2,028$1,530$1,144$564
25 years$3,274$2,496$1,878$1,397$1,030$489
26 years$3,115$2,346$1,742$1,277$928$425
27 years$2,967$2,208$1,617$1,169$836$369
28 years$2,831$2,080$1,503$1,071$755$321
29 years$2,704$1,962$1,399$982$681$279
30 years$2,585$1,853$1,303$902$616$242
31 years$2,475$1,752$1,215$828$557$211
32 years$2,371$1,658$1,134$761$503$184
33 years$2,274$1,570$1,058$700$456$160
34 years$2,183$1,488$989$644$413$139
35 years$2,098$1,411$925$593$374$121
36 years$2,017$1,339$865$546$339$105
37 years$1,941$1,272$810$503$307$92
38 years$1,869$1,209$758$464$278$80
39 years$1,801$1,150$710$427$252$70
40 years$1,736$1,094$666$394$229$61
41 years$1,675$1,041$624$364$208$53
42 years$1,617$992$586$336$188$46
43 years$1,562$945$549$310$171$40
44 years$1,509$901$516$286$155$35
45 years$1,459$859$484$264$141$31
46 years$1,411$819$455$244$128$27
47 years$1,365$782$427$226$116$23
48 years$1,322$746$402$208$105$20
49 years$1,280$713$377$193$96$18
50 years$1,240$681$355$178$87$15

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 $3,420 every year, while hoping to spend $33,276 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: 50/33/17 Blend
39$1,270,000$1,270,000$1,270,000$1,270,000
40$1,403,068$1,335,758$1,316,073$1,466,460
41$1,510,775$1,365,804$1,324,756$1,540,570
42$1,628,354$1,396,208$1,332,614$1,617,343
43$1,756,775$1,426,951$1,339,586$1,700,054
44$1,897,108$1,458,014$1,345,604$1,789,275
45$2,050,531$1,489,375$1,350,600$1,885,634
46$2,218,341$1,521,010$1,354,501$1,989,826
47$2,401,965$1,552,893$1,357,230$2,102,614
48$2,602,976$1,584,995$1,358,707$2,224,841
49$2,823,103$1,617,284$1,358,848$2,357,434
50$3,064,255$1,649,726$1,357,565$2,501,418
51$3,328,530$1,682,283$1,354,764$2,657,919
52$3,618,239$1,714,915$1,350,348$2,828,180
53$3,935,931$1,747,576$1,344,216$3,013,571
54$4,284,409$1,780,221$1,336,260$3,215,603
55$4,666,762$1,812,795$1,326,369$3,435,940
56$5,086,394$1,845,245$1,314,424$3,676,417
57$5,547,053$1,877,508$1,300,304$3,939,057
58$6,052,867$1,909,520$1,283,878$4,226,090
59$6,608,384$1,941,212$1,265,013$4,539,974
60$7,218,615$1,972,507$1,243,567$4,883,419
61$7,889,079$2,003,325$1,219,392$5,259,412
62$8,625,857$2,033,580$1,192,333$5,671,246
63$9,435,647$2,063,177$1,162,229$6,122,553
64$10,325,829$2,092,019$1,128,910$6,617,334
65$11,304,533$2,119,998$1,092,198$7,160,002
66$12,380,718$2,147,000$1,051,909$7,755,419
67$13,564,252$2,172,904$1,007,849$8,408,949
68$14,866,008$2,197,579$959,814$9,126,501
69$16,297,967$2,220,886$907,594$9,914,592
70$17,873,328$2,242,678$850,967$10,780,404
71$19,606,634$2,262,796$789,701$11,731,856
72$21,513,910$2,281,072$723,555$12,777,676
73$23,612,811$2,297,327$652,276$13,927,486
74$25,922,791$2,311,369$575,601$15,191,894
75$28,465,285$2,322,996$493,253$16,582,591
76$31,263,912$2,331,991$404,945$18,112,466
77$34,344,698$2,338,125$310,377$19,795,728
78$37,736,317$2,341,153$209,234$21,648,036
79$41,470,367$2,340,815$101,190$23,686,654
80$45,581,667$2,336,837$0$25,930,612
81$50,108,581$2,328,926$0$28,403,444
82$55,093,384$2,316,771$0$31,145,466
83$60,582,659$2,300,043$0$34,163,857
84$66,627,737$2,278,393$0$37,486,779
85$73,285,182$2,251,449$0$41,145,268
86$80,617,320$2,218,820$0$45,173,532
87$88,692,833$2,180,089$0$49,609,270
88$97,587,404$2,134,815$0$54,494,028
89$107,384,430$2,082,532$0$59,873,598
90$118,175,811$2,022,745$0$65,798,444
91$130,062,815$1,954,931$0$72,324,184
92$143,157,035$1,878,535$0$79,512,113
93$157,581,442$1,792,972$0$87,429,784
94$173,471,543$1,697,622$0$96,151,647
95$190,976,664$1,591,829$0$105,759,753
96$210,261,354$1,474,900$0$116,344,528
97$231,506,943$1,346,100$0$128,005,629
98$254,913,247$1,204,655$0$140,852,888
99$280,700,462$1,049,747$0$155,007,346
100$309,111,234$880,509$0$170,602,403