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%15.4%
1 years$108,179$107,215$106,275$105,357$104,461$102,143
2 years$53,554$52,556$51,590$50,653$49,743$47,420
3 years$35,348$34,346$33,382$32,454$31,559$29,303
4 years$26,247$25,248$24,294$23,381$22,508$20,337
5 years$20,787$19,795$18,853$17,959$17,110$15,030
6 years$17,149$16,164$15,236$14,362$13,539$11,551
7 years$14,551$13,574$12,661$11,808$11,011$9,116
8 years$12,604$11,636$10,738$9,905$9,135$7,333
9 years$11,090$10,131$9,248$8,437$7,693$5,982
10 years$9,880$8,930$8,063$7,273$6,554$4,933
11 years$8,890$7,950$7,098$6,329$5,637$4,103
12 years$8,066$7,135$6,300$5,552$4,885$3,436
13 years$7,369$6,448$5,628$4,901$4,260$2,893
14 years$6,772$5,861$5,057$4,351$3,734$2,447
15 years$6,255$5,354$4,566$3,880$3,288$2,077
16 years$5,804$4,913$4,140$3,474$2,906$1,769
17 years$5,406$4,524$3,767$3,122$2,576$1,510
18 years$5,052$4,181$3,439$2,813$2,291$1,292
19 years$4,736$3,875$3,148$2,542$2,042$1,108
20 years$4,452$3,600$2,889$2,302$1,824$951
21 years$4,196$3,354$2,657$2,089$1,632$817
22 years$3,963$3,131$2,449$1,900$1,463$703
23 years$3,750$2,928$2,261$1,730$1,313$606
24 years$3,556$2,743$2,091$1,578$1,180$522
25 years$3,377$2,574$1,937$1,441$1,062$451
26 years$3,213$2,420$1,797$1,318$957$389
27 years$3,061$2,277$1,668$1,206$863$336
28 years$2,920$2,146$1,551$1,105$778$290
29 years$2,789$2,024$1,443$1,013$703$251
30 years$2,667$1,912$1,344$930$635$217
31 years$2,553$1,807$1,253$854$574$188
32 years$2,446$1,710$1,169$785$519$162
33 years$2,346$1,619$1,092$722$470$141
34 years$2,252$1,535$1,020$664$426$122
35 years$2,164$1,456$954$611$385$105
36 years$2,081$1,382$892$563$349$91
37 years$2,002$1,312$835$519$317$79
38 years$1,928$1,247$782$478$287$68
39 years$1,858$1,186$733$441$260$59
40 years$1,791$1,128$687$407$236$51
41 years$1,728$1,074$644$375$214$44
42 years$1,668$1,023$604$346$194$38
43 years$1,611$975$567$320$176$33
44 years$1,556$929$532$295$160$29
45 years$1,505$886$500$273$145$25
46 years$1,455$845$469$252$132$22
47 years$1,408$806$441$233$120$19
48 years$1,363$770$414$215$109$16
49 years$1,320$735$389$199$99$14
50 years$1,279$702$366$184$90$12

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 $3,454 every year, while hoping to spend $23,361 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: 34/37/29 Blend
39$1,310,000$1,310,000$1,310,000$1,310,000
40$1,447,183$1,377,753$1,357,448$1,483,602
41$1,569,940$1,420,407$1,378,066$1,554,109
42$1,704,434$1,464,368$1,398,593$1,627,765
43$1,851,840$1,509,675$1,418,999$1,706,747
44$2,013,448$1,556,370$1,439,256$1,791,545
45$2,190,681$1,604,493$1,459,332$1,882,699
46$2,385,106$1,654,088$1,479,195$1,980,804
47$2,598,447$1,705,199$1,498,808$2,086,512
48$2,832,606$1,757,871$1,518,135$2,200,542
49$3,089,676$1,812,151$1,537,137$2,323,685
50$3,371,964$1,868,088$1,555,773$2,456,811
51$3,682,010$1,925,730$1,573,997$2,600,879
52$4,022,614$1,985,129$1,591,764$2,756,943
53$4,396,858$2,046,337$1,609,026$2,926,163
54$4,808,138$2,109,409$1,625,729$3,109,819
55$5,260,198$2,174,400$1,641,820$3,309,318
56$5,757,158$2,241,366$1,657,242$3,526,208
57$6,303,562$2,310,367$1,671,934$3,762,198
58$6,904,414$2,381,463$1,685,831$4,019,165
59$7,565,225$2,454,716$1,698,868$4,299,180
60$8,292,071$2,530,190$1,710,973$4,604,522
61$9,091,644$2,607,951$1,722,072$4,937,702
62$9,971,318$2,688,066$1,732,088$5,301,486
63$10,939,216$2,770,605$1,740,936$5,698,920
64$12,004,291$2,855,640$1,748,533$6,133,360
65$13,176,406$2,943,243$1,754,786$6,608,504
66$14,466,428$3,033,491$1,759,600$7,128,423
67$15,886,333$3,126,461$1,762,876$7,697,606
68$17,449,314$3,222,233$1,764,507$8,320,994
69$19,169,911$3,320,889$1,764,385$9,004,035
70$21,064,142$3,422,513$1,762,392$9,752,728
71$23,149,660$3,527,192$1,758,408$10,573,686
72$25,445,916$3,635,015$1,752,305$11,474,191
73$27,974,343$3,746,073$1,743,950$12,462,271
74$30,758,556$3,860,461$1,733,203$13,546,769
75$33,824,581$3,978,276$1,719,917$14,737,428
76$37,201,092$4,099,615$1,703,938$16,044,986
77$40,919,689$4,224,583$1,685,106$17,481,275
78$45,015,192$4,353,282$1,663,252$19,059,329
79$49,525,970$4,485,821$1,638,199$20,793,515
80$54,494,302$4,622,309$1,609,762$22,699,662
81$59,966,781$4,762,862$1,577,749$24,795,211
82$65,994,744$4,907,594$1,541,955$27,099,385
83$72,634,768$5,056,626$1,502,171$29,633,363
84$79,949,193$5,210,080$1,458,173$32,420,486
85$88,006,719$5,368,082$1,409,730$35,486,472
86$96,883,048$5,530,762$1,356,599$38,859,663
87$106,661,602$5,698,251$1,298,527$42,571,292
88$117,434,306$5,870,687$1,235,250$46,655,775
89$129,302,464$6,048,209$1,166,489$51,151,039
90$142,377,704$6,230,960$1,091,954$56,098,879
91$156,783,039$6,419,086$1,011,345$61,545,352
92$172,654,027$6,612,740$924,343$67,541,211
93$190,140,048$6,812,075$830,619$74,142,389
94$209,405,716$7,017,249$729,827$81,410,521
95$230,632,431$7,228,426$621,608$89,413,528
96$254,020,091$7,445,771$505,584$98,226,262
97$279,788,982$7,669,455$381,363$107,931,207
98$308,181,853$7,899,653$248,533$118,619,262
99$339,466,210$8,136,545$106,668$130,390,597
100$373,936,841$8,380,313$0$143,355,601