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

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 $1,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$108,179$107,215$106,275$105,357$104,461$102,900
2 years$53,554$52,556$51,590$50,653$49,743$48,174
3 years$35,348$34,346$33,382$32,454$31,559$30,031
4 years$26,247$25,248$24,294$23,381$22,508$21,032
5 years$20,787$19,795$18,853$17,959$17,110$15,691
6 years$17,149$16,164$15,236$14,362$13,539$12,178
7 years$14,551$13,574$12,661$11,808$11,011$9,709
8 years$12,604$11,636$10,738$9,905$9,135$7,891
9 years$11,090$10,131$9,248$8,437$7,693$6,507
10 years$9,880$8,930$8,063$7,273$6,554$5,426
11 years$8,890$7,950$7,098$6,329$5,637$4,564
12 years$8,066$7,135$6,300$5,552$4,885$3,867
13 years$7,369$6,448$5,628$4,901$4,260$3,295
14 years$6,772$5,861$5,057$4,351$3,734$2,821
15 years$6,255$5,354$4,566$3,880$3,288$2,425
16 years$5,804$4,913$4,140$3,474$2,906$2,091
17 years$5,406$4,524$3,767$3,122$2,576$1,808
18 years$5,052$4,181$3,439$2,813$2,291$1,568
19 years$4,736$3,875$3,148$2,542$2,042$1,362
20 years$4,452$3,600$2,889$2,302$1,824$1,185
21 years$4,196$3,354$2,657$2,089$1,632$1,033
22 years$3,963$3,131$2,449$1,900$1,463$901
23 years$3,750$2,928$2,261$1,730$1,313$787
24 years$3,556$2,743$2,091$1,578$1,180$688
25 years$3,377$2,574$1,937$1,441$1,062$602
26 years$3,213$2,420$1,797$1,318$957$527
27 years$3,061$2,277$1,668$1,206$863$462
28 years$2,920$2,146$1,551$1,105$778$405
29 years$2,789$2,024$1,443$1,013$703$356
30 years$2,667$1,912$1,344$930$635$312
31 years$2,553$1,807$1,253$854$574$274
32 years$2,446$1,710$1,169$785$519$241
33 years$2,346$1,619$1,092$722$470$211
34 years$2,252$1,535$1,020$664$426$186
35 years$2,164$1,456$954$611$385$163
36 years$2,081$1,382$892$563$349$143
37 years$2,002$1,312$835$519$317$126
38 years$1,928$1,247$782$478$287$111
39 years$1,858$1,186$733$441$260$98
40 years$1,791$1,128$687$407$236$86
41 years$1,728$1,074$644$375$214$75
42 years$1,668$1,023$604$346$194$66
43 years$1,611$975$567$320$176$58
44 years$1,556$929$532$295$160$51
45 years$1,505$886$500$273$145$45
46 years$1,455$845$469$252$132$40
47 years$1,408$806$441$233$120$35
48 years$1,363$770$414$215$109$31
49 years$1,320$735$389$199$99$27
50 years$1,279$702$366$184$90$24

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 $5,272 every year, while hoping to spend $29,934 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: 25/45/30 Blend
39$1,310,000$1,310,000$1,310,000$1,310,000
40$1,449,058$1,379,628$1,359,323$1,471,614
41$1,565,012$1,415,380$1,373,011$1,526,828
42$1,691,791$1,451,881$1,386,154$1,583,118
43$1,830,466$1,489,136$1,398,702$1,642,859
44$1,982,218$1,527,148$1,410,604$1,706,363
45$2,148,348$1,565,922$1,421,803$1,773,970
46$2,330,288$1,605,460$1,432,241$1,846,061
47$2,529,614$1,645,764$1,441,858$1,923,049
48$2,748,062$1,686,835$1,450,588$2,005,396
49$2,987,546$1,728,671$1,458,364$2,093,605
50$3,250,172$1,771,272$1,465,115$2,188,235
51$3,538,259$1,814,634$1,470,766$2,289,901
52$3,854,362$1,858,752$1,475,238$2,399,279
53$4,201,297$1,903,621$1,478,449$2,517,116
54$4,582,164$1,949,233$1,480,311$2,644,238
55$5,000,378$1,995,579$1,480,735$2,781,551
56$5,459,701$2,042,646$1,479,624$2,930,058
57$5,964,278$2,090,423$1,476,878$3,090,862
58$6,518,673$2,138,893$1,472,392$3,265,182
59$7,127,917$2,188,038$1,466,057$3,454,361
60$7,797,550$2,237,837$1,457,756$3,659,880
61$8,533,678$2,288,269$1,447,368$3,883,373
62$9,343,025$2,339,306$1,434,766$4,126,641
63$10,233,001$2,390,919$1,419,819$4,391,669
64$11,211,769$2,443,077$1,402,385$4,680,650
65$12,288,325$2,495,743$1,382,320$4,995,999
66$13,472,578$2,548,878$1,359,471$5,340,380
67$14,775,446$2,602,438$1,333,679$5,716,732
68$16,208,959$2,656,375$1,304,775$6,128,294
69$17,786,373$2,710,637$1,272,585$6,578,639
70$19,522,292$2,765,168$1,236,925$7,071,707
71$21,432,809$2,819,904$1,197,605$7,611,844
72$23,535,654$2,874,778$1,154,424$8,203,839
73$25,850,366$2,929,718$1,107,173$8,852,977
74$28,398,472$2,984,642$1,055,632$9,565,083
75$31,203,693$3,039,467$999,572$10,346,581
76$34,292,166$3,094,097$938,754$11,204,553
77$37,692,694$3,148,434$872,929$12,146,810
78$41,437,010$3,202,370$801,834$13,181,963
79$45,560,087$3,255,787$725,197$14,319,507
80$50,100,457$3,308,562$642,732$15,569,911
81$55,100,582$3,360,560$554,142$16,944,718
82$60,607,251$3,411,637$459,116$18,456,653
83$66,672,022$3,461,639$357,328$20,119,747
84$73,351,709$3,510,400$248,439$21,949,470
85$80,708,917$3,557,743$132,095$23,962,876
86$88,812,633$3,603,479$7,927$26,178,767
87$97,738,878$3,647,405$0$28,617,873
88$107,571,421$3,689,306$0$31,342,923
89$118,402,574$3,728,950$0$34,344,531
90$130,334,058$3,766,090$0$37,648,065
91$143,477,969$3,800,465$0$41,284,281
92$157,957,827$3,831,794$0$45,287,077
93$173,909,753$3,859,779$0$49,693,811
94$191,483,742$3,884,102$0$54,545,656
95$210,845,086$3,904,426$0$59,887,990
96$232,175,933$3,920,391$0$65,770,822
97$255,677,003$3,931,614$0$72,249,271
98$281,569,484$3,937,690$0$79,384,079
99$310,097,121$3,938,187$0$87,242,194
100$341,528,514$3,932,645$0$95,897,396