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%17.7%
1 years$111,482$110,489$109,520$108,574$107,651$104,288
2 years$55,189$54,161$53,165$52,199$51,262$47,905
3 years$36,427$35,395$34,401$33,445$32,523$29,275
4 years$27,048$26,019$25,035$24,095$23,196$20,083
5 years$21,422$20,399$19,428$18,507$17,633$14,664
6 years$17,673$16,657$15,701$14,800$13,952$11,129
7 years$14,996$13,989$13,048$12,168$11,347$8,669
8 years$12,989$11,991$11,065$10,208$9,413$6,880
9 years$11,429$10,440$9,531$8,695$7,927$5,535
10 years$10,181$9,203$8,309$7,495$6,755$4,500
11 years$9,161$8,193$7,315$6,523$5,809$3,688
12 years$8,312$7,353$6,492$5,721$5,034$3,042
13 years$7,594$6,645$5,800$5,051$4,390$2,522
14 years$6,979$6,040$5,211$4,484$3,848$2,100
15 years$6,446$5,518$4,705$3,999$3,388$1,754
16 years$5,981$5,063$4,266$3,580$2,994$1,469
17 years$5,571$4,662$3,882$3,217$2,655$1,233
18 years$5,206$4,308$3,544$2,899$2,361$1,037
19 years$4,881$3,993$3,244$2,620$2,104$874
20 years$4,588$3,710$2,977$2,373$1,880$737
21 years$4,324$3,456$2,738$2,153$1,682$623
22 years$4,084$3,226$2,524$1,958$1,508$526
23 years$3,865$3,017$2,330$1,783$1,353$445
24 years$3,665$2,827$2,155$1,626$1,216$377
25 years$3,481$2,653$1,996$1,485$1,095$319
26 years$3,311$2,493$1,851$1,358$986$271
27 years$3,154$2,347$1,719$1,243$889$229
28 years$3,009$2,211$1,598$1,139$802$195
29 years$2,874$2,086$1,487$1,044$724$165
30 years$2,748$1,970$1,385$958$654$140
31 years$2,631$1,862$1,291$880$592$119
32 years$2,521$1,762$1,205$809$535$101
33 years$2,418$1,669$1,125$744$484$86
34 years$2,321$1,582$1,051$684$439$73
35 years$2,230$1,500$983$630$397$62
36 years$2,144$1,424$919$580$360$52
37 years$2,063$1,352$861$535$326$45
38 years$1,987$1,285$806$493$296$38
39 years$1,914$1,222$755$454$268$32
40 years$1,846$1,163$708$419$243$27
41 years$1,781$1,107$664$387$221$23
42 years$1,719$1,054$622$357$200$20
43 years$1,660$1,004$584$329$182$17
44 years$1,604$957$548$304$165$14
45 years$1,551$913$515$281$150$12
46 years$1,500$871$484$259$136$10
47 years$1,451$831$454$240$123$9
48 years$1,405$793$427$222$112$7
49 years$1,361$758$401$205$102$6
50 years$1,318$724$377$189$92$5

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 $4,812 every year, while hoping to spend $48,079 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: 32/39/29 Blend
39$1,350,000$1,350,000$1,350,000$1,350,000
40$1,492,664$1,421,114$1,400,189$1,527,117
41$1,593,760$1,439,592$1,395,939$1,572,503
42$1,703,556$1,457,365$1,389,936$1,616,793
43$1,822,889$1,474,347$1,382,070$1,663,566
44$1,952,680$1,490,446$1,372,225$1,713,077
45$2,093,941$1,505,566$1,360,283$1,765,606
46$2,247,787$1,519,602$1,346,115$1,821,467
47$2,415,443$1,532,444$1,329,592$1,881,006
48$2,598,259$1,543,975$1,310,574$1,944,611
49$2,797,720$1,554,068$1,288,917$2,012,710
50$3,015,461$1,562,591$1,264,469$2,085,781
51$3,253,281$1,569,401$1,237,072$2,164,352
52$3,513,162$1,574,348$1,206,560$2,249,010
53$3,797,284$1,577,270$1,172,759$2,340,407
54$4,108,048$1,577,998$1,135,488$2,439,265
55$4,448,099$1,576,350$1,094,557$2,546,387
56$4,820,347$1,572,133$1,049,767$2,662,660
57$5,227,999$1,565,144$1,000,910$2,789,070
58$5,674,584$1,555,166$947,770$2,926,707
59$6,163,991$1,541,968$890,120$3,076,782
60$6,700,502$1,525,308$827,722$3,240,633
61$7,288,832$1,504,927$760,330$3,419,743
62$7,934,175$1,480,550$687,683$3,615,755
63$8,642,252$1,451,889$609,512$3,830,487
64$9,419,365$1,418,635$525,534$4,065,950
65$10,272,455$1,380,463$435,454$4,324,371
66$11,209,169$1,337,028$338,965$4,608,213
67$12,237,928$1,287,967$235,744$4,920,201
68$13,368,011$1,232,892$125,456$5,263,349
69$14,609,640$1,171,395$7,751$5,640,989
70$15,974,075$1,103,046$0$6,056,806
71$17,473,722$1,027,386$0$6,551,344
72$19,122,247$943,932$0$7,097,565
73$20,934,706$852,176$0$7,698,167
74$22,927,689$751,575$0$8,358,781
75$25,119,472$641,561$0$9,085,615
76$27,530,192$521,531$0$9,885,524
77$30,182,034$390,848$0$10,766,069
78$33,099,442$248,840$0$11,735,594
79$36,309,349$94,798$0$12,803,306
80$39,841,430$0$0$13,979,361
81$43,728,382$0$0$15,305,876
82$48,006,232$0$0$16,810,810
83$52,714,676$0$0$18,467,475
84$57,897,452$0$0$20,291,292
85$63,602,757$0$0$22,299,252
86$69,883,696$0$0$24,510,079
87$76,798,785$0$0$26,944,404
88$84,412,501$0$0$29,624,961
89$92,795,894$0$0$32,576,799
90$102,027,253$0$0$35,827,523
91$112,192,845$0$0$39,407,549
92$123,387,730$0$0$43,350,395
93$135,716,656$0$0$47,692,995
94$149,295,049$0$0$52,476,046
95$164,250,100$0$0$57,744,398
96$180,721,966$0$0$63,547,468
97$198,865,090$0$0$69,939,716
98$218,849,661$0$0$76,981,151
99$240,863,219$0$0$84,737,902
100$265,112,423$0$0$93,282,838