Can I retire at age 40 with 1,360,000?

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 $1,360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$112,308$111,307$110,331$109,379$108,448$107,004
2 years$55,598$54,562$53,559$52,586$51,642$50,190
3 years$36,697$35,657$34,656$33,692$32,764$31,348
4 years$27,248$26,212$25,221$24,273$23,367$21,999
5 years$21,581$20,550$19,572$18,644$17,764$16,447
6 years$17,804$16,781$15,817$14,910$14,056$12,792
7 years$15,107$14,093$13,144$12,258$11,431$10,221
8 years$13,085$12,080$11,147$10,283$9,483$8,327
9 years$11,513$10,518$9,601$8,759$7,986$6,883
10 years$10,257$9,271$8,371$7,550$6,805$5,753
11 years$9,229$8,253$7,369$6,571$5,852$4,852
12 years$8,374$7,408$6,540$5,764$5,071$4,121
13 years$7,650$6,694$5,843$5,088$4,422$3,521
14 years$7,031$6,085$5,250$4,517$3,877$3,022
15 years$6,494$5,559$4,740$4,028$3,413$2,605
16 years$6,025$5,100$4,298$3,607$3,017$2,253
17 years$5,612$4,697$3,911$3,241$2,675$1,954
18 years$5,245$4,340$3,570$2,921$2,378$1,698
19 years$4,917$4,022$3,268$2,639$2,120$1,480
20 years$4,622$3,738$2,999$2,390$1,893$1,291
21 years$4,356$3,482$2,759$2,169$1,694$1,129
22 years$4,114$3,250$2,543$1,972$1,519$988
23 years$3,893$3,040$2,348$1,796$1,363$866
24 years$3,692$2,848$2,171$1,638$1,225$759
25 years$3,506$2,673$2,011$1,496$1,103$667
26 years$3,335$2,512$1,865$1,368$993$586
27 years$3,178$2,364$1,732$1,252$896$515
28 years$3,031$2,228$1,610$1,147$808$453
29 years$2,895$2,101$1,498$1,052$730$399
30 years$2,768$1,985$1,396$966$659$351
31 years$2,650$1,876$1,301$887$596$309
32 years$2,539$1,775$1,214$815$539$272
33 years$2,436$1,681$1,133$749$488$240
34 years$2,338$1,593$1,059$690$442$212
35 years$2,246$1,511$990$635$400$187
36 years$2,160$1,434$926$585$363$165
37 years$2,078$1,362$867$539$329$145
38 years$2,001$1,295$812$496$298$128
39 years$1,928$1,231$761$458$270$113
40 years$1,859$1,171$713$422$245$100
41 years$1,794$1,115$668$390$222$88
42 years$1,731$1,062$627$360$202$78
43 years$1,672$1,012$588$332$183$69
44 years$1,616$964$552$306$166$61
45 years$1,562$920$519$283$151$54
46 years$1,511$877$487$261$137$47
47 years$1,462$837$458$242$124$42
48 years$1,415$799$430$223$113$37
49 years$1,371$763$404$206$103$33
50 years$1,328$729$380$191$93$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,360,000, adding $2,812 every year, while hoping to spend $55,092 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: 66/25/9 Blend
39$1,360,000$1,360,000$1,360,000$1,360,000
40$1,501,621$1,429,541$1,408,461$1,597,824
41$1,596,168$1,440,971$1,397,027$1,673,605
42$1,698,514$1,451,114$1,383,363$1,749,585
43$1,809,394$1,459,850$1,367,337$1,831,187
44$1,929,619$1,467,050$1,348,810$1,918,956
45$2,060,080$1,472,576$1,327,635$2,013,491
46$2,201,758$1,476,282$1,303,661$2,115,451
47$2,355,731$1,478,014$1,276,728$2,225,566
48$2,523,186$1,477,606$1,246,668$2,344,639
49$2,705,426$1,474,884$1,213,307$2,473,559
50$2,903,889$1,469,663$1,176,462$2,613,304
51$3,120,154$1,461,745$1,135,942$2,764,954
52$3,355,960$1,450,921$1,091,546$2,929,700
53$3,613,221$1,436,969$1,043,066$3,108,858
54$3,894,044$1,419,655$990,283$3,303,877
55$4,200,748$1,398,729$932,968$3,516,357
56$4,535,884$1,373,927$870,883$3,748,065
57$4,902,265$1,344,970$803,778$4,000,948
58$5,302,983$1,311,561$731,392$4,277,155
59$5,741,447$1,273,386$653,453$4,579,056
60$6,221,407$1,230,114$569,676$4,909,266
61$6,746,994$1,181,394$479,764$5,270,671
62$7,322,758$1,126,852$383,406$5,666,453
63$7,953,708$1,066,097$280,279$6,100,122
64$8,645,362$998,711$170,044$6,575,552
65$9,403,796$924,256$52,348$7,097,015
66$10,235,704$842,265$0$7,669,221
67$11,148,457$752,247$0$8,304,403
68$12,150,175$653,683$0$9,007,082
69$13,249,803$546,024$0$9,778,585
70$14,457,193$428,689$0$10,625,926
71$15,783,198$301,065$0$11,556,839
72$17,239,773$162,506$0$12,579,850
73$18,840,089$12,329$0$13,704,358
74$20,598,657$0$0$14,940,727
75$22,531,460$0$0$16,341,700
76$24,656,108$0$0$17,885,554
77$26,992,004$0$0$19,583,007
78$29,560,522$0$0$21,449,604
79$32,385,211$0$0$23,502,471
80$35,492,019$0$0$25,760,478
81$38,909,532$0$0$28,244,416
82$42,669,246$0$0$30,977,191
83$46,805,867$0$0$33,984,042
84$51,357,630$0$0$37,292,778
85$56,366,666$0$0$40,934,039
86$61,879,396$0$0$44,941,587
87$67,946,970$0$0$49,352,622
88$74,625,746$0$0$54,208,133
89$81,977,826$0$0$59,553,284
90$90,071,635$0$0$65,437,843
91$98,982,573$0$0$71,916,645
92$108,793,722$0$0$79,050,116
93$119,596,627$0$0$86,904,836
94$131,492,167$0$0$95,554,174
95$144,591,496$0$0$105,078,974
96$159,017,103$0$0$115,568,318
97$174,903,954$0$0$127,120,371
98$192,400,779$0$0$139,843,302
99$211,671,464$0$0$153,856,307
100$232,896,601$0$0$169,290,731