Can I retire at age 40 with 1,350,000?

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$111,482$110,489$109,520$108,574$107,651$106,350
2 years$55,189$54,161$53,165$52,199$51,262$49,953
3 years$36,427$35,395$34,401$33,445$32,523$31,246
4 years$27,048$26,019$25,035$24,095$23,196$21,961
5 years$21,422$20,399$19,428$18,507$17,633$16,444
6 years$17,673$16,657$15,701$14,800$13,952$12,811
7 years$14,996$13,989$13,048$12,168$11,347$10,253
8 years$12,989$11,991$11,065$10,208$9,413$8,367
9 years$11,429$10,440$9,531$8,695$7,927$6,928
10 years$10,181$9,203$8,309$7,495$6,755$5,802
11 years$9,161$8,193$7,315$6,523$5,809$4,902
12 years$8,312$7,353$6,492$5,721$5,034$4,172
13 years$7,594$6,645$5,800$5,051$4,390$3,571
14 years$6,979$6,040$5,211$4,484$3,848$3,072
15 years$6,446$5,518$4,705$3,999$3,388$2,653
16 years$5,981$5,063$4,266$3,580$2,994$2,299
17 years$5,571$4,662$3,882$3,217$2,655$1,998
18 years$5,206$4,308$3,544$2,899$2,361$1,741
19 years$4,881$3,993$3,244$2,620$2,104$1,520
20 years$4,588$3,710$2,977$2,373$1,880$1,329
21 years$4,324$3,456$2,738$2,153$1,682$1,164
22 years$4,084$3,226$2,524$1,958$1,508$1,022
23 years$3,865$3,017$2,330$1,783$1,353$897
24 years$3,665$2,827$2,155$1,626$1,216$789
25 years$3,481$2,653$1,996$1,485$1,095$694
26 years$3,311$2,493$1,851$1,358$986$611
27 years$3,154$2,347$1,719$1,243$889$539
28 years$3,009$2,211$1,598$1,139$802$475
29 years$2,874$2,086$1,487$1,044$724$419
30 years$2,748$1,970$1,385$958$654$370
31 years$2,631$1,862$1,291$880$592$327
32 years$2,521$1,762$1,205$809$535$289
33 years$2,418$1,669$1,125$744$484$255
34 years$2,321$1,582$1,051$684$439$225
35 years$2,230$1,500$983$630$397$199
36 years$2,144$1,424$919$580$360$176
37 years$2,063$1,352$861$535$326$156
38 years$1,987$1,285$806$493$296$138
39 years$1,914$1,222$755$454$268$122
40 years$1,846$1,163$708$419$243$108
41 years$1,781$1,107$664$387$221$95
42 years$1,719$1,054$622$357$200$84
43 years$1,660$1,004$584$329$182$75
44 years$1,604$957$548$304$165$66
45 years$1,551$913$515$281$150$59
46 years$1,500$871$484$259$136$52
47 years$1,451$831$454$240$123$46
48 years$1,405$793$427$222$112$41
49 years$1,361$758$401$205$102$36
50 years$1,318$724$377$189$92$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,350,000, adding $4,678 every year, while hoping to spend $21,630 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: 76/9/15 Blend
39$1,350,000$1,350,000$1,350,000$1,350,000
40$1,492,525$1,420,975$1,400,050$1,600,797
41$1,621,749$1,467,589$1,423,938$1,719,549
42$1,763,428$1,515,762$1,447,901$1,846,534
43$1,918,811$1,565,547$1,471,919$1,985,159
44$2,089,271$1,617,001$1,495,970$2,136,577
45$2,276,323$1,670,180$1,520,031$2,302,056
46$2,481,634$1,725,144$1,544,077$2,482,996
47$2,707,039$1,781,955$1,568,083$2,680,936
48$2,954,563$1,840,677$1,592,019$2,897,573
49$3,226,433$1,901,375$1,615,857$3,134,774
50$3,525,105$1,964,118$1,639,564$3,394,597
51$3,853,283$2,028,977$1,663,107$3,679,310
52$4,213,947$2,096,026$1,686,450$3,991,408
53$4,610,379$2,165,341$1,709,555$4,333,642
54$5,046,195$2,237,000$1,732,383$4,709,042
55$5,525,380$2,311,086$1,754,890$5,120,947
56$6,052,322$2,387,682$1,777,032$5,573,033
57$6,631,858$2,466,878$1,798,762$6,069,352
58$7,269,316$2,548,763$1,820,029$6,614,367
59$7,970,566$2,633,432$1,840,780$7,212,995
60$8,742,077$2,720,984$1,860,959$7,870,655
61$9,590,975$2,811,518$1,880,508$8,593,316
62$10,525,113$2,905,141$1,899,363$9,387,554
63$11,553,142$3,001,961$1,917,459$10,260,616
64$12,684,596$3,102,090$1,934,728$11,220,487
65$13,929,979$3,205,647$1,951,095$12,275,963
66$15,300,865$3,312,752$1,966,485$13,436,737
67$16,810,008$3,423,531$1,980,816$14,713,491
68$18,471,459$3,538,114$1,994,004$16,117,993
69$20,300,703$3,656,637$2,005,959$17,663,211
70$22,314,803$3,779,240$2,016,586$19,363,432
71$24,532,558$3,906,069$2,025,788$21,234,402
72$26,974,687$4,037,274$2,033,459$23,293,470
73$29,664,017$4,173,012$2,039,492$25,559,752
74$32,625,702$4,313,445$2,043,770$28,054,315
75$35,887,462$4,458,742$2,046,175$30,800,370
76$39,479,841$4,609,078$2,046,579$33,823,496
77$43,436,496$4,764,634$2,044,851$37,151,878
78$47,794,515$4,925,598$2,040,850$40,816,575
79$52,594,769$5,092,165$2,034,432$44,851,813
80$57,882,292$5,264,539$2,025,443$49,295,305
81$63,706,713$5,442,928$2,013,722$54,188,610
82$70,122,719$5,627,553$1,999,103$59,577,525
83$77,190,571$5,818,638$1,981,408$65,512,515
84$84,976,678$6,016,420$1,960,453$72,049,191
85$93,554,217$6,221,141$1,936,046$79,248,834
86$103,003,826$6,433,057$1,907,983$87,178,975
87$113,414,369$6,652,430$1,876,053$95,914,028
88$124,883,769$6,879,532$1,840,034$105,535,999
89$137,519,932$7,114,649$1,799,695$116,135,253
90$151,441,772$7,358,073$1,754,792$127,811,372
91$166,780,326$7,610,112$1,705,070$140,674,093
92$183,679,995$7,871,083$1,650,266$154,844,343
93$202,299,904$8,141,316$1,590,099$170,455,381
94$222,815,407$8,421,153$1,524,280$187,654,058
95$245,419,741$8,710,951$1,452,506$206,602,198
96$270,325,847$9,011,080$1,374,457$227,478,132
97$297,768,384$9,321,924$1,289,802$250,478,376
98$328,005,943$9,643,883$1,198,195$275,819,490
99$361,323,487$9,977,370$1,099,272$303,740,117
100$398,035,039$10,322,818$992,654$334,503,243