Can I retire at age 40 with 1,370,000?

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 $1,370,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$113,133$112,126$111,142$110,183$109,246$106,605
2 years$56,007$54,964$53,953$52,972$52,022$49,377
3 years$36,967$35,919$34,911$33,940$33,005$30,439
4 years$27,449$26,404$25,406$24,452$23,539$21,072
5 years$21,740$20,701$19,716$18,781$17,894$15,532
6 years$17,935$16,904$15,934$15,020$14,159$11,905
7 years$15,218$14,196$13,241$12,348$11,515$9,369
8 years$13,181$12,169$11,229$10,359$9,553$7,514
9 years$11,598$10,595$9,672$8,823$8,045$6,111
10 years$10,332$9,339$8,432$7,606$6,855$5,024
11 years$9,297$8,314$7,424$6,619$5,895$4,166
12 years$8,435$7,462$6,588$5,806$5,109$3,477
13 years$7,706$6,744$5,886$5,126$4,455$2,918
14 years$7,082$6,130$5,289$4,550$3,905$2,460
15 years$6,542$5,600$4,775$4,058$3,438$2,081
16 years$6,070$5,138$4,329$3,633$3,039$1,766
17 years$5,653$4,732$3,939$3,265$2,694$1,502
18 years$5,284$4,372$3,596$2,942$2,396$1,280
19 years$4,953$4,052$3,292$2,658$2,135$1,093
20 years$4,656$3,765$3,021$2,408$1,907$935
21 years$4,388$3,507$2,779$2,185$1,707$801
22 years$4,144$3,274$2,561$1,987$1,530$686
23 years$3,922$3,062$2,365$1,809$1,373$589
24 years$3,719$2,869$2,187$1,650$1,234$506
25 years$3,532$2,692$2,026$1,507$1,111$435
26 years$3,360$2,530$1,879$1,378$1,001$374
27 years$3,201$2,381$1,745$1,261$902$321
28 years$3,053$2,244$1,622$1,156$814$277
29 years$2,916$2,117$1,509$1,060$735$238
30 years$2,789$1,999$1,406$973$664$205
31 years$2,670$1,890$1,311$893$600$177
32 years$2,558$1,788$1,223$821$543$152
33 years$2,453$1,693$1,142$755$492$131
34 years$2,355$1,605$1,067$695$445$113
35 years$2,263$1,522$997$639$403$97
36 years$2,176$1,445$933$589$365$84
37 years$2,094$1,372$873$543$331$72
38 years$2,016$1,304$818$500$300$62
39 years$1,943$1,240$766$461$272$54
40 years$1,873$1,180$718$425$247$46
41 years$1,807$1,123$673$392$224$40
42 years$1,744$1,070$632$362$203$35
43 years$1,685$1,019$593$334$184$30
44 years$1,628$972$556$309$167$26
45 years$1,574$926$522$285$152$22
46 years$1,522$884$491$263$138$19
47 years$1,473$843$461$243$125$17
48 years$1,426$805$433$225$114$14
49 years$1,381$769$407$208$103$12
50 years$1,338$734$383$192$94$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,370,000, adding $4,357 every year, while hoping to spend $39,748 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: 67/9/24 Blend
39$1,370,000$1,370,000$1,370,000$1,370,000
40$1,514,234$1,441,624$1,420,389$1,606,074
41$1,626,395$1,469,972$1,425,681$1,696,655
42$1,748,663$1,498,377$1,429,817$1,790,746
43$1,882,029$1,526,800$1,432,718$1,892,729
44$2,027,580$1,555,198$1,434,299$2,003,383
45$2,186,516$1,583,525$1,434,471$2,123,567
46$2,360,155$1,611,732$1,433,140$2,254,227
47$2,549,950$1,639,766$1,430,209$2,396,405
48$2,757,499$1,667,568$1,425,575$2,551,252
49$2,984,563$1,695,078$1,419,131$2,720,035
50$3,233,080$1,722,229$1,410,763$2,904,150
51$3,505,185$1,748,948$1,400,354$3,105,139
52$3,803,227$1,775,161$1,387,780$3,324,699
53$4,129,797$1,800,784$1,372,911$3,564,700
54$4,487,743$1,825,729$1,355,611$3,827,206
55$4,880,207$1,849,904$1,335,737$4,114,492
56$5,310,645$1,873,206$1,313,141$4,429,063
57$5,782,866$1,895,529$1,287,667$4,773,683
58$6,301,066$1,916,757$1,259,152$5,151,399
59$6,869,865$1,936,769$1,227,424$5,565,568
60$7,494,354$1,955,433$1,192,305$6,019,892
61$8,180,139$1,972,610$1,153,608$6,518,452
62$8,933,397$1,988,152$1,111,138$7,065,746
63$9,760,932$2,001,900$1,064,690$7,666,731
64$10,670,240$2,013,686$1,014,050$8,326,875
65$11,669,579$2,023,331$958,995$9,052,201
66$12,768,046$2,030,644$899,291$9,849,351
67$13,975,664$2,035,423$834,695$10,725,647
68$15,303,476$2,037,453$764,950$11,689,156
69$16,763,646$2,036,504$689,792$12,748,775
70$18,369,579$2,032,334$608,941$13,914,308
71$20,136,042$2,024,684$522,107$15,196,563
72$22,079,307$2,013,282$428,986$16,607,452
73$24,217,301$1,997,838$329,262$18,160,106
74$26,569,776$1,978,042$222,602$19,868,998
75$29,158,496$1,953,569$108,663$21,750,081
76$32,007,442$1,924,073$0$23,820,939
77$35,143,036$1,889,187$0$26,104,264
78$38,594,391$1,848,523$0$28,648,019
79$42,393,588$1,801,670$0$31,447,992
80$46,575,974$1,748,192$0$34,530,242
81$51,180,498$1,687,628$0$37,923,482
82$56,250,077$1,619,490$0$41,659,352
83$61,832,002$1,543,262$0$45,772,719
84$67,978,383$1,458,398$0$50,302,006
85$74,746,639$1,364,321$0$55,289,553
86$82,200,043$1,260,420$0$60,782,018
87$90,408,316$1,146,048$0$66,830,816
88$99,448,284$1,020,524$0$73,492,607
89$109,404,605$883,127$0$80,829,829
90$120,370,569$733,094$0$88,911,287
91$132,448,971$569,620$0$97,812,802
92$145,753,090$391,855$0$107,617,932
93$160,407,750$198,900$0$118,418,753
94$176,550,502$0$0$130,316,735
95$194,332,922$0$0$143,424,704
96$213,922,037$0$0$157,886,272
97$235,501,909$0$0$173,817,635
98$259,275,361$0$0$191,368,546
99$285,465,902$0$0$210,704,028
100$314,319,828$0$0$232,005,929