Can I retire at age 40 with 1,280,000?

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 $1,280,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$105,701$104,760$103,841$102,944$102,069$99,764
2 years$52,327$51,353$50,408$49,493$48,604$46,294
3 years$34,538$33,560$32,618$31,710$30,837$28,594
4 years$25,646$24,670$23,737$22,846$21,993$19,834
5 years$20,311$19,341$18,421$17,548$16,719$14,651
6 years$16,756$15,794$14,887$14,033$13,229$11,254
7 years$14,218$13,264$12,371$11,537$10,759$8,877
8 years$12,315$11,369$10,492$9,678$8,925$7,136
9 years$10,836$9,899$9,036$8,244$7,516$5,818
10 years$9,653$8,726$7,878$7,106$6,404$4,795
11 years$8,686$7,768$6,936$6,185$5,508$3,986
12 years$7,881$6,972$6,155$5,425$4,773$3,335
13 years$7,200$6,301$5,499$4,789$4,162$2,807
14 years$6,617$5,727$4,941$4,251$3,649$2,372
15 years$6,112$5,232$4,461$3,791$3,212$2,012
16 years$5,671$4,800$4,045$3,395$2,839$1,712
17 years$5,282$4,421$3,681$3,050$2,517$1,461
18 years$4,936$4,085$3,360$2,749$2,238$1,249
19 years$4,628$3,786$3,076$2,484$1,995$1,070
20 years$4,350$3,518$2,823$2,250$1,782$918
21 years$4,100$3,277$2,596$2,042$1,595$788
22 years$3,872$3,059$2,393$1,856$1,429$678
23 years$3,664$2,861$2,210$1,691$1,283$583
24 years$3,475$2,680$2,043$1,542$1,153$503
25 years$3,300$2,515$1,893$1,408$1,038$433
26 years$3,139$2,364$1,755$1,288$935$374
27 years$2,991$2,225$1,630$1,179$843$323
28 years$2,853$2,097$1,515$1,080$761$278
29 years$2,725$1,978$1,410$990$687$241
30 years$2,606$1,868$1,313$909$621$208
31 years$2,494$1,766$1,225$835$561$180
32 years$2,390$1,671$1,142$767$507$155
33 years$2,292$1,582$1,067$705$459$134
34 years$2,201$1,500$997$649$416$116
35 years$2,114$1,422$932$597$377$100
36 years$2,033$1,350$872$550$341$87
37 years$1,956$1,282$816$507$309$75
38 years$1,884$1,219$764$467$280$65
39 years$1,815$1,159$716$431$254$56
40 years$1,750$1,102$671$397$231$49
41 years$1,688$1,049$629$367$209$42
42 years$1,630$999$590$338$190$36
43 years$1,574$952$554$312$172$32
44 years$1,521$908$520$288$156$27
45 years$1,470$866$488$266$142$24
46 years$1,422$826$458$246$129$20
47 years$1,376$788$431$227$117$18
48 years$1,332$752$405$210$106$15
49 years$1,290$718$380$194$97$13
50 years$1,250$686$358$179$88$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,280,000, adding $2,550 every year, while hoping to spend $42,611 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: 75/18/7 Blend
39$1,280,000$1,280,000$1,280,000$1,280,000
40$1,413,190$1,345,350$1,325,510$1,517,694
41$1,511,998$1,365,935$1,324,577$1,607,383
42$1,619,456$1,386,100$1,322,185$1,699,957
43$1,736,401$1,405,779$1,318,239$1,800,172
44$1,863,756$1,424,904$1,312,641$1,908,770
45$2,002,533$1,443,398$1,305,289$2,026,566
46$2,153,848$1,461,182$1,296,073$2,154,462
47$2,318,930$1,478,170$1,284,881$2,293,446
48$2,499,131$1,494,269$1,271,594$2,444,611
49$2,695,937$1,509,383$1,256,087$2,609,159
50$2,910,987$1,523,408$1,238,231$2,788,415
51$3,146,085$1,536,232$1,217,888$2,983,838
52$3,403,214$1,547,736$1,194,917$3,197,037
53$3,684,563$1,557,796$1,169,167$3,429,784
54$3,992,536$1,566,276$1,140,482$3,684,032
55$4,329,786$1,573,035$1,108,700$3,961,933
56$4,699,231$1,577,920$1,073,647$4,265,859
57$5,104,085$1,580,770$1,035,147$4,598,423
58$5,547,888$1,581,414$993,011$4,962,505
59$6,034,539$1,579,671$947,044$5,361,280
60$6,568,334$1,575,346$897,041$5,798,246
61$7,154,000$1,568,234$842,788$6,277,257
62$7,796,749$1,558,119$784,063$6,802,564
63$8,502,320$1,544,768$720,631$7,378,848
64$9,277,033$1,527,938$652,248$8,011,271
65$10,127,852$1,507,369$578,660$8,705,521
66$11,062,448$1,482,786$499,601$9,467,867
67$12,089,273$1,453,897$414,792$10,305,219
68$13,217,635$1,420,394$323,944$11,225,192
69$14,457,790$1,381,950$226,753$12,236,179
70$15,821,037$1,338,218$122,902$13,347,431
71$17,319,826$1,288,834$12,062$14,569,144
72$18,967,869$1,233,408$0$15,912,555
73$20,780,278$1,171,531$0$17,397,982
74$22,773,700$1,102,769$0$19,032,621
75$24,966,476$1,026,664$0$20,830,641
76$27,378,816$942,730$0$22,808,655
77$30,032,987$850,455$0$24,984,968
78$32,953,520$749,296$0$27,379,755
79$36,167,450$638,682$0$30,015,250
80$39,704,559$518,007$0$32,915,956
81$43,597,666$386,631$0$36,108,876
82$47,882,932$243,880$0$39,623,770
83$52,600,202$89,041$0$43,493,435
84$57,793,379$0$0$47,754,015
85$63,510,841$0$0$52,460,921
86$69,805,895$0$0$57,662,812
87$76,737,277$0$0$63,390,600
88$84,369,713$0$0$69,697,776
89$92,774,522$0$0$76,643,286
90$102,030,294$0$0$84,292,083
91$112,223,626$0$0$92,715,740
92$123,449,945$0$0$101,993,124
93$135,814,402$0$0$112,211,143
94$149,432,871$0$0$123,465,564
95$164,433,033$0$0$135,861,916
96$180,955,589$0$0$149,516,486
97$199,155,582$0$0$164,557,417
98$219,203,865$0$0$181,125,915
99$241,288,707$0$0$199,377,585
100$265,617,572$0$0$219,483,896