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

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 $1,330,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$109,830$108,852$107,897$106,966$106,056$104,731
2 years$54,371$53,359$52,377$51,426$50,503$49,169
3 years$35,888$34,871$33,892$32,949$32,041$30,741
4 years$26,647$25,634$24,664$23,738$22,852$21,595
5 years$21,105$20,097$19,141$18,233$17,372$16,161
6 years$17,411$16,411$15,468$14,581$13,746$12,584
7 years$14,773$13,782$12,854$11,988$11,179$10,066
8 years$12,796$11,813$10,902$10,056$9,274$8,210
9 years$11,259$10,286$9,389$8,566$7,810$6,794
10 years$10,030$9,066$8,186$7,384$6,655$5,686
11 years$9,026$8,071$7,207$6,426$5,723$4,801
12 years$8,189$7,244$6,396$5,637$4,960$4,083
13 years$7,481$6,547$5,714$4,976$4,325$3,493
14 years$6,876$5,951$5,134$4,417$3,791$3,002
15 years$6,351$5,436$4,636$3,939$3,338$2,591
16 years$5,892$4,988$4,203$3,527$2,950$2,244
17 years$5,488$4,593$3,824$3,169$2,616$1,949
18 years$5,129$4,244$3,491$2,856$2,326$1,697
19 years$4,809$3,934$3,196$2,581$2,073$1,480
20 years$4,520$3,655$2,933$2,337$1,852$1,294
21 years$4,260$3,405$2,698$2,121$1,657$1,133
22 years$4,023$3,178$2,487$1,929$1,485$993
23 years$3,808$2,973$2,296$1,757$1,333$871
24 years$3,610$2,785$2,123$1,602$1,198$765
25 years$3,429$2,614$1,967$1,463$1,078$673
26 years$3,262$2,457$1,824$1,338$971$592
27 years$3,107$2,312$1,694$1,225$876$521
28 years$2,964$2,178$1,574$1,122$790$459
29 years$2,831$2,055$1,465$1,029$714$405
30 years$2,707$1,941$1,365$944$645$357
31 years$2,592$1,835$1,272$867$583$315
32 years$2,483$1,736$1,187$797$527$278
33 years$2,382$1,644$1,108$733$477$246
34 years$2,287$1,558$1,036$674$432$217
35 years$2,197$1,478$968$621$391$192
36 years$2,112$1,403$906$572$355$169
37 years$2,033$1,332$848$527$321$150
38 years$1,957$1,266$794$486$291$132
39 years$1,886$1,204$744$448$264$117
40 years$1,818$1,146$697$413$240$103
41 years$1,754$1,090$654$381$217$91
42 years$1,693$1,038$613$352$197$81
43 years$1,635$989$575$325$179$71
44 years$1,580$943$540$300$163$63
45 years$1,528$899$507$277$148$56
46 years$1,478$858$476$256$134$49
47 years$1,430$819$448$236$122$44
48 years$1,384$782$421$218$110$39
49 years$1,340$746$395$202$100$34
50 years$1,299$713$372$186$91$30

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 $5,251 every year, while hoping to spend $23,469 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: 81/10/9 Blend
39$1,330,000$1,330,000$1,330,000$1,330,000
40$1,471,076$1,400,586$1,379,971$1,587,901
41$1,596,155$1,444,244$1,401,230$1,708,858
42$1,733,206$1,489,255$1,422,413$1,837,955
43$1,883,424$1,535,660$1,443,495$1,978,945
44$2,048,128$1,583,501$1,464,447$2,133,006
45$2,228,768$1,632,824$1,485,237$2,301,434
46$2,426,942$1,683,673$1,505,833$2,485,660
47$2,644,413$1,736,095$1,526,200$2,687,255
48$2,883,117$1,790,138$1,546,303$2,907,952
49$3,145,193$1,845,852$1,566,101$3,149,660
50$3,432,991$1,903,288$1,585,555$3,414,481
51$3,749,106$1,962,498$1,604,620$3,704,729
52$4,096,391$2,023,538$1,623,252$4,022,957
53$4,477,994$2,086,461$1,641,401$4,371,971
54$4,897,378$2,151,327$1,659,017$4,754,869
55$5,358,363$2,218,194$1,676,046$5,175,058
56$5,865,153$2,287,123$1,692,431$5,636,294
57$6,422,384$2,358,177$1,708,113$6,142,715
58$7,035,161$2,431,421$1,723,028$6,698,879
59$7,709,108$2,506,922$1,737,110$7,309,808
60$8,450,423$2,584,747$1,750,289$7,981,035
61$9,265,934$2,664,967$1,762,492$8,718,655
62$10,163,164$2,747,656$1,773,640$9,529,384
63$11,150,404$2,832,888$1,783,654$10,420,623
64$12,236,785$2,920,740$1,792,447$11,400,523
65$13,432,373$3,011,291$1,799,929$12,478,068
66$14,748,254$3,104,624$1,806,006$13,663,156
67$16,196,647$3,200,822$1,810,579$14,966,692
68$17,791,015$3,299,972$1,813,543$16,400,693
69$19,546,191$3,402,163$1,814,789$17,978,398
70$21,478,521$3,507,487$1,814,203$19,714,398
71$23,606,015$3,616,039$1,811,663$21,624,767
72$25,948,518$3,727,915$1,807,044$23,727,219
73$28,527,900$3,843,215$1,800,213$26,041,273
74$31,368,256$3,962,043$1,791,030$28,588,435
75$34,496,140$4,084,505$1,779,352$31,392,405
76$37,940,811$4,210,710$1,765,024$34,479,297
77$41,734,508$4,340,770$1,747,887$37,877,888
78$45,912,761$4,474,800$1,727,774$41,619,886
79$50,514,717$4,612,920$1,704,509$45,740,233
80$55,583,516$4,755,252$1,677,909$50,277,433
81$61,166,697$4,901,921$1,647,781$55,273,914
82$67,316,642$5,053,057$1,613,924$60,776,429
83$74,091,077$5,208,794$1,576,127$66,836,500
84$81,553,610$5,369,268$1,534,170$73,510,899
85$89,774,337$5,534,621$1,487,824$80,862,189
86$98,830,499$5,704,997$1,436,845$88,959,310
87$108,807,213$5,880,545$1,380,983$97,878,231
88$119,798,277$6,061,420$1,319,974$107,702,670
89$131,907,050$6,247,778$1,253,542$118,524,879
90$145,247,432$6,439,783$1,181,399$130,446,517
91$159,944,938$6,637,600$1,103,244$143,579,612
92$176,137,881$6,841,402$1,018,762$158,047,613
93$193,978,679$7,051,365$927,624$173,986,561
94$213,635,293$7,267,670$829,488$191,546,367
95$235,292,811$7,490,503$723,994$210,892,231
96$259,155,197$7,720,058$610,767$232,206,203
97$285,447,216$7,956,529$489,417$255,688,896
98$314,416,554$8,200,121$359,534$281,561,382
99$346,336,156$8,451,041$220,693$310,067,282
100$381,506,806$8,709,504$72,447$341,475,061