Can I retire at age 40 with 1,310,000?

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 $1,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$108,179$107,215$106,275$105,357$104,461$103,716
2 years$53,554$52,556$51,590$50,653$49,743$48,992
3 years$35,348$34,346$33,382$32,454$31,559$30,825
4 years$26,247$25,248$24,294$23,381$22,508$21,797
5 years$20,787$19,795$18,853$17,959$17,110$16,424
6 years$17,149$16,164$15,236$14,362$13,539$12,878
7 years$14,551$13,574$12,661$11,808$11,011$10,375
8 years$12,604$11,636$10,738$9,905$9,135$8,525
9 years$11,090$10,131$9,248$8,437$7,693$7,109
10 years$9,880$8,930$8,063$7,273$6,554$5,996
11 years$8,890$7,950$7,098$6,329$5,637$5,104
12 years$8,066$7,135$6,300$5,552$4,885$4,377
13 years$7,369$6,448$5,628$4,901$4,260$3,776
14 years$6,772$5,861$5,057$4,351$3,734$3,273
15 years$6,255$5,354$4,566$3,880$3,288$2,850
16 years$5,804$4,913$4,140$3,474$2,906$2,490
17 years$5,406$4,524$3,767$3,122$2,576$2,183
18 years$5,052$4,181$3,439$2,813$2,291$1,918
19 years$4,736$3,875$3,148$2,542$2,042$1,689
20 years$4,452$3,600$2,889$2,302$1,824$1,490
21 years$4,196$3,354$2,657$2,089$1,632$1,317
22 years$3,963$3,131$2,449$1,900$1,463$1,166
23 years$3,750$2,928$2,261$1,730$1,313$1,033
24 years$3,556$2,743$2,091$1,578$1,180$917
25 years$3,377$2,574$1,937$1,441$1,062$815
26 years$3,213$2,420$1,797$1,318$957$724
27 years$3,061$2,277$1,668$1,206$863$644
28 years$2,920$2,146$1,551$1,105$778$574
29 years$2,789$2,024$1,443$1,013$703$511
30 years$2,667$1,912$1,344$930$635$455
31 years$2,553$1,807$1,253$854$574$406
32 years$2,446$1,710$1,169$785$519$362
33 years$2,346$1,619$1,092$722$470$323
34 years$2,252$1,535$1,020$664$426$289
35 years$2,164$1,456$954$611$385$258
36 years$2,081$1,382$892$563$349$230
37 years$2,002$1,312$835$519$317$206
38 years$1,928$1,247$782$478$287$184
39 years$1,858$1,186$733$441$260$164
40 years$1,791$1,128$687$407$236$147
41 years$1,728$1,074$644$375$214$131
42 years$1,668$1,023$604$346$194$117
43 years$1,611$975$567$320$176$105
44 years$1,556$929$532$295$160$94
45 years$1,505$886$500$273$145$84
46 years$1,455$845$469$252$132$75
47 years$1,408$806$441$233$120$67
48 years$1,363$770$414$215$109$60
49 years$1,320$735$389$199$99$54
50 years$1,279$702$366$184$90$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,310,000, adding $4,095 every year, while hoping to spend $42,342 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: 52/20/28 Blend
39$1,310,000$1,310,000$1,310,000$1,310,000
40$1,447,844$1,378,414$1,358,109$1,511,568
41$1,550,473$1,400,905$1,358,554$1,578,785
42$1,662,150$1,423,078$1,357,595$1,647,257
43$1,783,755$1,444,875$1,355,140$1,720,910
44$1,916,253$1,466,229$1,351,093$1,800,255
45$2,060,709$1,487,072$1,345,352$1,885,858
46$2,218,293$1,507,330$1,337,813$1,978,344
47$2,390,293$1,526,924$1,328,364$2,078,403
48$2,578,128$1,545,768$1,316,889$2,186,797
49$2,783,359$1,563,773$1,303,267$2,304,365
50$3,007,705$1,580,840$1,287,369$2,432,035
51$3,253,057$1,596,869$1,269,063$2,570,833
52$3,521,501$1,611,747$1,248,208$2,721,888
53$3,815,330$1,625,358$1,224,659$2,886,449
54$4,137,070$1,637,577$1,198,262$3,065,893
55$4,489,504$1,648,272$1,168,857$3,261,739
56$4,875,696$1,657,299$1,136,275$3,475,666
57$5,299,019$1,664,509$1,100,343$3,709,525
58$5,763,191$1,669,742$1,060,876$3,965,359
59$6,272,303$1,672,826$1,017,683$4,245,423
60$6,830,865$1,673,582$970,562$4,552,203
61$7,443,842$1,671,816$919,305$4,888,445
62$8,116,704$1,667,325$863,691$5,257,177
63$8,855,476$1,659,892$803,493$5,661,740
64$9,666,796$1,649,287$738,471$6,105,820
65$10,557,973$1,635,267$668,374$6,593,483
66$11,537,063$1,617,572$592,942$7,129,216
67$12,612,940$1,595,929$511,901$7,717,966
68$13,795,377$1,570,046$424,967$8,365,192
69$15,095,144$1,539,617$331,842$9,076,915
70$16,524,105$1,504,315$232,215$9,859,775
71$18,095,332$1,463,795$125,762$10,721,096
72$19,823,226$1,417,691$12,145$11,668,957
73$21,723,653$1,365,616$0$12,712,267
74$23,814,095$1,307,161$0$13,893,446
75$26,113,814$1,241,892$0$15,196,726
76$28,644,030$1,169,352$0$16,630,537
77$31,428,126$1,089,055$0$18,208,177
78$34,491,866$1,000,490$0$19,944,300
79$37,863,636$903,114$0$21,855,059
80$41,574,715$796,355$0$23,958,257
81$45,659,568$679,608$0$26,273,514
82$50,156,169$552,234$0$28,822,458
83$55,106,362$413,557$0$31,628,923
84$60,556,254$262,864$0$34,719,180
85$66,556,650$99,403$0$38,122,183
86$73,163,531$0$0$41,869,844
87$80,438,585$0$0$46,014,417
88$88,449,783$0$0$50,602,631
89$97,272,028$0$0$55,655,527
90$106,987,853$0$0$61,220,399
91$117,688,206$0$0$67,349,360
92$129,473,304$0$0$74,099,835
93$142,453,580$0$0$81,535,106
94$156,750,725$0$0$89,724,903
95$172,498,836$0$0$98,746,065
96$189,845,680$0$0$108,683,266
97$208,954,088$0$0$119,629,813
98$230,003,495$0$0$131,688,524
99$253,191,628$0$0$144,972,702
100$278,736,376$0$0$159,607,203