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

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$111,482$110,489$109,520$108,574$107,651$104,414
2 years$55,189$54,161$53,165$52,199$51,262$48,029
3 years$36,427$35,395$34,401$33,445$32,523$29,394
4 years$27,048$26,019$25,035$24,095$23,196$20,195
5 years$21,422$20,399$19,428$18,507$17,633$14,769
6 years$17,673$16,657$15,701$14,800$13,952$11,227
7 years$14,996$13,989$13,048$12,168$11,347$8,761
8 years$12,989$11,991$11,065$10,208$9,413$6,965
9 years$11,429$10,440$9,531$8,695$7,927$5,613
10 years$10,181$9,203$8,309$7,495$6,755$4,572
11 years$9,161$8,193$7,315$6,523$5,809$3,754
12 years$8,312$7,353$6,492$5,721$5,034$3,103
13 years$7,594$6,645$5,800$5,051$4,390$2,578
14 years$6,979$6,040$5,211$4,484$3,848$2,150
15 years$6,446$5,518$4,705$3,999$3,388$1,800
16 years$5,981$5,063$4,266$3,580$2,994$1,511
17 years$5,571$4,662$3,882$3,217$2,655$1,272
18 years$5,206$4,308$3,544$2,899$2,361$1,072
19 years$4,881$3,993$3,244$2,620$2,104$905
20 years$4,588$3,710$2,977$2,373$1,880$765
21 years$4,324$3,456$2,738$2,153$1,682$648
22 years$4,084$3,226$2,524$1,958$1,508$549
23 years$3,865$3,017$2,330$1,783$1,353$466
24 years$3,665$2,827$2,155$1,626$1,216$395
25 years$3,481$2,653$1,996$1,485$1,095$335
26 years$3,311$2,493$1,851$1,358$986$285
27 years$3,154$2,347$1,719$1,243$889$242
28 years$3,009$2,211$1,598$1,139$802$206
29 years$2,874$2,086$1,487$1,044$724$175
30 years$2,748$1,970$1,385$958$654$149
31 years$2,631$1,862$1,291$880$592$127
32 years$2,521$1,762$1,205$809$535$108
33 years$2,418$1,669$1,125$744$484$92
34 years$2,321$1,582$1,051$684$439$78
35 years$2,230$1,500$983$630$397$66
36 years$2,144$1,424$919$580$360$57
37 years$2,063$1,352$861$535$326$48
38 years$1,987$1,285$806$493$296$41
39 years$1,914$1,222$755$454$268$35
40 years$1,846$1,163$708$419$243$30
41 years$1,781$1,107$664$387$221$25
42 years$1,719$1,054$622$357$200$22
43 years$1,660$1,004$584$329$182$18
44 years$1,604$957$548$304$165$16
45 years$1,551$913$515$281$150$13
46 years$1,500$871$484$259$136$11
47 years$1,451$831$454$240$123$10
48 years$1,405$793$427$222$112$8
49 years$1,361$758$401$205$102$7
50 years$1,318$724$377$189$92$6

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 $2,744 every year, while hoping to spend $31,515 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: 78/13/9 Blend
39$1,350,000$1,350,000$1,350,000$1,350,000
40$1,490,530$1,418,980$1,398,055$1,604,495
41$1,609,033$1,454,979$1,411,359$1,715,736
42$1,738,566$1,491,685$1,424,051$1,833,358
43$1,880,222$1,529,100$1,436,079$1,961,438
44$2,035,204$1,567,224$1,447,387$2,101,004
45$2,204,834$1,606,058$1,457,914$2,253,190
46$2,390,571$1,645,598$1,467,597$2,419,241
47$2,594,019$1,685,843$1,476,372$2,600,531
48$2,816,947$1,726,787$1,484,169$2,798,573
49$3,061,301$1,768,425$1,490,914$3,015,032
50$3,329,226$1,810,750$1,496,531$3,251,744
51$3,623,083$1,853,752$1,500,941$3,510,730
52$3,945,473$1,897,422$1,504,058$3,794,217
53$4,299,260$1,941,745$1,505,793$4,104,656
54$4,687,602$1,986,707$1,506,054$4,444,752
55$5,113,974$2,032,292$1,504,743$4,817,479
56$5,582,205$2,078,481$1,501,758$5,226,117
57$6,096,514$2,125,250$1,496,991$5,674,281
58$6,661,547$2,172,576$1,490,329$6,165,949
59$7,282,424$2,220,432$1,481,654$6,705,509
60$7,964,785$2,268,786$1,470,843$7,297,792
61$8,714,842$2,317,606$1,457,766$7,948,122
62$9,539,442$2,366,855$1,442,287$8,662,365
63$10,446,124$2,416,490$1,424,263$9,446,986
64$11,443,198$2,466,468$1,403,545$10,309,105
65$12,539,819$2,516,739$1,379,978$11,256,571
66$13,746,071$2,567,250$1,353,398$12,298,031
67$15,073,068$2,617,942$1,323,634$13,443,013
68$16,533,052$2,668,753$1,290,507$14,702,015
69$18,139,515$2,719,613$1,253,831$16,086,607
70$19,907,319$2,770,448$1,213,408$17,609,538
71$21,852,844$2,821,178$1,169,035$19,284,854
72$23,994,133$2,871,715$1,120,497$21,128,037
73$26,351,072$2,921,966$1,067,571$23,156,142
74$28,945,568$2,971,830$1,010,022$25,387,968
75$31,801,764$3,021,198$947,606$27,844,228
76$34,946,261$3,069,952$880,067$30,547,747
77$38,408,368$3,117,969$807,137$33,523,679
78$42,220,384$3,165,112$728,539$36,799,740
79$46,417,898$3,211,237$643,980$40,406,477
80$51,040,126$3,256,191$553,156$44,377,547
81$56,130,282$3,299,806$455,749$48,750,043
82$61,735,980$3,341,907$351,427$53,564,840
83$67,909,694$3,382,303$239,843$58,866,982
84$74,709,240$3,420,794$120,635$64,706,106
85$82,198,331$3,457,162$0$71,136,913
86$90,447,176$3,491,177$0$78,220,315
87$99,533,138$3,522,595$0$86,034,512
88$109,541,469$3,551,153$0$94,641,150
89$120,566,113$3,576,574$0$104,120,940
90$132,710,589$3,598,559$0$114,562,826
91$146,088,975$3,616,794$0$126,064,818
92$160,826,975$3,630,942$0$138,734,923
93$177,063,115$3,640,646$0$152,692,162
94$194,950,043$3,645,528$0$168,067,693
95$214,655,972$3,645,183$0$185,006,052
96$236,366,267$3,639,183$0$203,666,513
97$260,285,197$3,627,074$0$224,224,593
98$286,637,860$3,608,374$0$246,873,714
99$315,672,307$3,582,569$0$271,827,019
100$347,661,885$3,549,118$0$299,319,393