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%17.2%
1 years$111,482$110,489$109,520$108,574$107,651$104,498
2 years$55,189$54,161$53,165$52,199$51,262$48,111
3 years$36,427$35,395$34,401$33,445$32,523$29,473
4 years$27,048$26,019$25,035$24,095$23,196$20,270
5 years$21,422$20,399$19,428$18,507$17,633$14,839
6 years$17,673$16,657$15,701$14,800$13,952$11,293
7 years$14,996$13,989$13,048$12,168$11,347$8,822
8 years$12,989$11,991$11,065$10,208$9,413$7,022
9 years$11,429$10,440$9,531$8,695$7,927$5,666
10 years$10,181$9,203$8,309$7,495$6,755$4,621
11 years$9,161$8,193$7,315$6,523$5,809$3,799
12 years$8,312$7,353$6,492$5,721$5,034$3,144
13 years$7,594$6,645$5,800$5,051$4,390$2,616
14 years$6,979$6,040$5,211$4,484$3,848$2,185
15 years$6,446$5,518$4,705$3,999$3,388$1,832
16 years$5,981$5,063$4,266$3,580$2,994$1,540
17 years$5,571$4,662$3,882$3,217$2,655$1,298
18 years$5,206$4,308$3,544$2,899$2,361$1,096
19 years$4,881$3,993$3,244$2,620$2,104$926
20 years$4,588$3,710$2,977$2,373$1,880$785
21 years$4,324$3,456$2,738$2,153$1,682$665
22 years$4,084$3,226$2,524$1,958$1,508$564
23 years$3,865$3,017$2,330$1,783$1,353$479
24 years$3,665$2,827$2,155$1,626$1,216$407
25 years$3,481$2,653$1,996$1,485$1,095$347
26 years$3,311$2,493$1,851$1,358$986$295
27 years$3,154$2,347$1,719$1,243$889$251
28 years$3,009$2,211$1,598$1,139$802$214
29 years$2,874$2,086$1,487$1,044$724$182
30 years$2,748$1,970$1,385$958$654$155
31 years$2,631$1,862$1,291$880$592$132
32 years$2,521$1,762$1,205$809$535$113
33 years$2,418$1,669$1,125$744$484$96
34 years$2,321$1,582$1,051$684$439$82
35 years$2,230$1,500$983$630$397$70
36 years$2,144$1,424$919$580$360$60
37 years$2,063$1,352$861$535$326$51
38 years$1,987$1,285$806$493$296$43
39 years$1,914$1,222$755$454$268$37
40 years$1,846$1,163$708$419$243$31
41 years$1,781$1,107$664$387$221$27
42 years$1,719$1,054$622$357$200$23
43 years$1,660$1,004$584$329$182$20
44 years$1,604$957$548$304$165$17
45 years$1,551$913$515$281$150$14
46 years$1,500$871$484$259$136$12
47 years$1,451$831$454$240$123$10
48 years$1,405$793$427$222$112$9
49 years$1,361$758$401$205$102$8
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 $4,851 every year, while hoping to spend $41,357 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: 27/49/24 Blend
39$1,350,000$1,350,000$1,350,000$1,350,000
40$1,492,704$1,421,154$1,400,229$1,521,641
41$1,600,956$1,446,787$1,403,133$1,570,667
42$1,718,864$1,472,290$1,404,748$1,619,341
43$1,847,369$1,497,613$1,404,988$1,670,737
44$1,987,506$1,522,701$1,403,761$1,725,113
45$2,140,416$1,547,498$1,400,971$1,782,754
46$2,307,354$1,571,941$1,396,519$1,843,978
47$2,489,701$1,595,963$1,390,299$1,909,135
48$2,688,977$1,619,492$1,382,201$1,978,613
49$2,906,858$1,642,452$1,372,110$2,052,842
50$3,145,186$1,664,761$1,359,904$2,132,299
51$3,405,991$1,686,330$1,345,457$2,217,512
52$3,691,508$1,707,066$1,328,636$2,309,063
53$4,004,198$1,726,869$1,309,301$2,407,600
54$4,346,771$1,745,630$1,287,308$2,513,838
55$4,722,213$1,763,237$1,262,504$2,628,568
56$5,133,809$1,779,567$1,234,729$2,752,666
57$5,585,182$1,794,489$1,203,816$2,887,102
58$6,080,317$1,807,866$1,169,591$3,032,947
59$6,623,609$1,819,550$1,131,871$3,191,387
60$7,219,893$1,829,385$1,090,465$3,363,735
61$7,874,500$1,837,202$1,045,173$3,551,439
62$8,593,299$1,842,825$995,786$3,756,105
63$9,382,757$1,846,065$942,087$3,979,504
64$10,249,997$1,846,722$883,846$4,223,598
65$11,202,868$1,844,582$820,825$4,490,552
66$12,250,013$1,839,419$752,776$4,782,761
67$13,400,957$1,830,993$679,437$5,102,870
68$14,666,193$1,819,050$600,536$5,453,804
69$16,057,281$1,803,320$515,790$5,838,793
70$17,586,957$1,783,516$424,902$6,261,406
71$19,269,252$1,759,333$327,562$6,725,585
72$21,119,627$1,730,452$223,446$7,235,685
73$23,155,114$1,696,530$112,218$7,796,515
74$25,394,482$1,657,206$0$8,413,385
75$27,858,408$1,612,098$0$9,093,822
76$30,569,676$1,560,801$0$9,873,416
77$33,553,389$1,502,886$0$10,730,647
78$36,837,207$1,437,900$0$11,673,513
79$40,451,608$1,365,363$0$12,710,835
80$44,430,174$1,284,767$0$13,852,341
81$48,809,907$1,195,576$0$15,108,766
82$53,631,580$1,097,222$0$16,491,949
83$58,940,120$989,105$0$18,014,947
84$64,785,033$870,592$0$19,692,164
85$71,220,866$741,011$0$21,539,485
86$78,307,729$599,655$0$23,574,429
87$86,111,856$445,776$0$25,816,319
88$94,706,230$278,584$0$28,286,463
89$104,171,277$97,246$0$31,008,361
90$114,595,615$0$0$34,007,927
91$126,076,901$0$0$37,367,184
92$138,722,743$0$0$41,125,237
93$152,651,719$0$0$45,264,929
94$167,994,498$0$0$49,825,135
95$184,895,067$0$0$54,848,692
96$203,512,097$0$0$60,382,806
97$224,020,432$0$0$66,479,495
98$246,612,745$0$0$73,196,082
99$271,501,354$0$0$80,595,735
100$298,920,226$0$0$88,748,063