Can I retire at age 40 with 1,330,000?

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 $1,330,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$109,830$108,852$107,897$106,966$106,056$102,991
2 years$54,371$53,359$52,377$51,426$50,503$47,440
3 years$35,888$34,871$33,892$32,949$32,041$29,075
4 years$26,647$25,634$24,664$23,738$22,852$20,006
5 years$21,105$20,097$19,141$18,233$17,372$14,654
6 years$17,411$16,411$15,468$14,581$13,746$11,158
7 years$14,773$13,782$12,854$11,988$11,179$8,722
8 years$12,796$11,813$10,902$10,056$9,274$6,946
9 years$11,259$10,286$9,389$8,566$7,810$5,609
10 years$10,030$9,066$8,186$7,384$6,655$4,577
11 years$9,026$8,071$7,207$6,426$5,723$3,765
12 years$8,189$7,244$6,396$5,637$4,960$3,118
13 years$7,481$6,547$5,714$4,976$4,325$2,596
14 years$6,876$5,951$5,134$4,417$3,791$2,170
15 years$6,351$5,436$4,636$3,939$3,338$1,820
16 years$5,892$4,988$4,203$3,527$2,950$1,531
17 years$5,488$4,593$3,824$3,169$2,616$1,291
18 years$5,129$4,244$3,491$2,856$2,326$1,091
19 years$4,809$3,934$3,196$2,581$2,073$923
20 years$4,520$3,655$2,933$2,337$1,852$783
21 years$4,260$3,405$2,698$2,121$1,657$664
22 years$4,023$3,178$2,487$1,929$1,485$564
23 years$3,808$2,973$2,296$1,757$1,333$479
24 years$3,610$2,785$2,123$1,602$1,198$408
25 years$3,429$2,614$1,967$1,463$1,078$347
26 years$3,262$2,457$1,824$1,338$971$295
27 years$3,107$2,312$1,694$1,225$876$252
28 years$2,964$2,178$1,574$1,122$790$215
29 years$2,831$2,055$1,465$1,029$714$183
30 years$2,707$1,941$1,365$944$645$156
31 years$2,592$1,835$1,272$867$583$133
32 years$2,483$1,736$1,187$797$527$113
33 years$2,382$1,644$1,108$733$477$97
34 years$2,287$1,558$1,036$674$432$83
35 years$2,197$1,478$968$621$391$70
36 years$2,112$1,403$906$572$355$60
37 years$2,033$1,332$848$527$321$51
38 years$1,957$1,266$794$486$291$44
39 years$1,886$1,204$744$448$264$37
40 years$1,818$1,146$697$413$240$32
41 years$1,754$1,090$654$381$217$27
42 years$1,693$1,038$613$352$197$23
43 years$1,635$989$575$325$179$20
44 years$1,580$943$540$300$163$17
45 years$1,528$899$507$277$148$14
46 years$1,478$858$476$256$134$12
47 years$1,430$819$448$236$122$11
48 years$1,384$782$421$218$110$9
49 years$1,340$746$395$202$100$8
50 years$1,299$713$372$186$91$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,330,000, adding $4,510 every year, while hoping to spend $38,046 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: 31/46/23 Blend
39$1,330,000$1,330,000$1,330,000$1,330,000
40$1,470,312$1,399,822$1,379,207$1,505,315
41$1,579,803$1,427,933$1,384,930$1,560,436
42$1,699,187$1,456,146$1,389,569$1,616,016
43$1,829,433$1,484,426$1,393,049$1,675,065
44$1,971,608$1,512,735$1,395,288$1,737,911
45$2,126,884$1,541,031$1,396,203$1,804,915
46$2,296,556$1,569,271$1,395,705$1,876,476
47$2,482,045$1,597,405$1,393,701$1,953,034
48$2,684,917$1,625,382$1,390,094$2,035,077
49$2,906,899$1,653,146$1,384,782$2,123,143
50$3,149,888$1,680,636$1,377,658$2,217,826
51$3,415,976$1,707,787$1,368,609$2,319,782
52$3,707,467$1,734,529$1,357,519$2,429,736
53$4,026,896$1,760,789$1,344,263$2,548,491
54$4,377,057$1,786,485$1,328,714$2,676,931
55$4,761,026$1,811,532$1,310,735$2,816,033
56$5,182,191$1,835,838$1,290,185$2,966,877
57$5,644,285$1,859,304$1,266,916$3,130,655
58$6,151,418$1,881,826$1,240,774$3,308,685
59$6,708,118$1,903,290$1,211,595$3,502,420
60$7,319,373$1,923,578$1,179,210$3,713,466
61$7,990,677$1,942,562$1,143,442$3,943,598
62$8,728,083$1,960,105$1,104,104$4,194,771
63$9,538,259$1,976,061$1,061,003$4,469,149
64$10,428,550$1,990,277$1,013,936$4,769,118
65$11,407,049$2,002,587$962,689$5,097,312
66$12,482,670$2,012,816$907,041$5,456,640
67$13,665,236$2,020,777$846,760$5,850,312
68$14,965,567$2,026,272$781,604$6,281,872
69$16,395,586$2,029,091$711,319$6,755,230
70$17,968,429$2,029,009$635,641$7,274,704
71$19,698,567$2,025,789$554,293$7,845,057
72$21,601,946$2,019,178$466,987$8,471,546
73$23,696,134$2,008,907$373,421$9,159,972
74$26,000,489$1,994,693$273,280$9,916,736
75$28,536,341$1,976,235$166,236$10,748,901
76$31,327,188$1,953,211$51,946$11,664,260
77$34,398,927$1,925,284$0$12,671,410
78$37,780,089$1,892,094$0$13,797,020
79$41,502,111$1,853,260$0$15,049,092
80$45,599,637$1,808,380$0$16,426,504
81$50,110,836$1,757,027$0$17,942,088
82$55,077,768$1,698,748$0$19,609,994
83$60,546,779$1,633,066$0$21,445,824
84$66,568,939$1,559,474$0$23,466,779
85$73,200,520$1,477,438$0$25,691,823
86$80,503,532$1,386,391$0$28,141,866
87$88,546,302$1,285,734$0$30,839,961
88$97,404,124$1,174,834$0$33,811,522
89$107,159,966$1,053,022$0$37,084,571
90$117,905,254$919,591$0$40,689,997
91$129,740,732$773,794$0$44,661,855
92$142,777,417$614,840$0$49,037,689
93$157,137,643$441,897$0$53,858,886
94$172,956,215$254,082$0$59,171,074
95$190,381,683$50,466$0$65,024,549
96$209,577,743$0$0$71,474,759
97$230,724,780$0$0$78,668,843
98$254,021,574$0$0$86,622,726
99$279,687,171$0$0$95,385,689
100$307,962,954$0$0$105,040,189