Can I retire at age 40 with 1,400,000?

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$115,611$114,581$113,576$112,596$111,638$107,634
2 years$57,233$56,167$55,134$54,132$53,161$49,170
3 years$37,776$36,706$35,675$34,683$33,727$29,876
4 years$28,050$26,983$25,963$24,987$24,055$20,371
5 years$22,216$21,155$20,148$19,193$18,286$14,780
6 years$18,327$17,274$16,283$15,349$14,469$11,144
7 years$15,551$14,507$13,531$12,619$11,767$8,622
8 years$13,470$12,435$11,475$10,586$9,762$6,794
9 years$11,852$10,827$9,884$9,017$8,221$5,426
10 years$10,558$9,544$8,617$7,772$7,005$4,378
11 years$9,501$8,496$7,586$6,764$6,024$3,560
12 years$8,620$7,626$6,732$5,933$5,221$2,913
13 years$7,875$6,891$6,015$5,238$4,552$2,395
14 years$7,237$6,264$5,405$4,650$3,991$1,978
15 years$6,685$5,722$4,880$4,147$3,514$1,638
16 years$6,203$5,250$4,424$3,713$3,105$1,360
17 years$5,777$4,835$4,026$3,336$2,753$1,132
18 years$5,399$4,468$3,675$3,007$2,448$944
19 years$5,062$4,141$3,364$2,717$2,182$788
20 years$4,758$3,848$3,088$2,460$1,949$659
21 years$4,484$3,584$2,840$2,233$1,744$551
22 years$4,235$3,346$2,617$2,030$1,563$461
23 years$4,008$3,129$2,417$1,849$1,403$387
24 years$3,800$2,932$2,235$1,686$1,261$324
25 years$3,609$2,751$2,070$1,540$1,135$272
26 years$3,434$2,586$1,920$1,408$1,022$228
27 years$3,271$2,434$1,783$1,289$922$192
28 years$3,120$2,293$1,657$1,181$832$161
29 years$2,980$2,163$1,542$1,083$751$135
30 years$2,850$2,043$1,437$994$679$114
31 years$2,728$1,931$1,339$913$614$95
32 years$2,614$1,827$1,250$839$555$80
33 years$2,507$1,731$1,167$771$502$67
34 years$2,407$1,640$1,090$710$455$57
35 years$2,312$1,556$1,019$653$412$48
36 years$2,224$1,477$953$602$373$40
37 years$2,140$1,402$892$554$338$34
38 years$2,060$1,333$836$511$307$28
39 years$1,985$1,267$783$471$278$24
40 years$1,914$1,206$734$435$252$20
41 years$1,847$1,148$688$401$229$17
42 years$1,782$1,093$646$370$208$14
43 years$1,721$1,042$606$342$188$12
44 years$1,663$993$569$315$171$10
45 years$1,608$947$534$291$155$8
46 years$1,555$903$501$269$141$7
47 years$1,505$862$471$249$128$6
48 years$1,457$823$443$230$116$5
49 years$1,411$786$416$212$106$4
50 years$1,367$751$391$196$96$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,400,000, adding $5,924 every year, while hoping to spend $42,624 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: 38/33/29 Blend
39$1,400,000$1,400,000$1,400,000$1,400,000
40$1,548,911$1,474,711$1,453,011$1,594,216
41$1,661,548$1,501,620$1,456,335$1,655,023
42$1,784,246$1,528,419$1,458,342$1,716,375
43$1,917,985$1,555,058$1,458,943$1,781,876
44$2,063,846$1,581,482$1,458,043$1,851,933
45$2,223,016$1,607,633$1,455,546$1,926,993
46$2,396,805$1,633,448$1,451,348$2,007,551
47$2,586,652$1,658,860$1,445,341$2,094,156
48$2,794,143$1,683,796$1,437,412$2,187,412
49$3,021,022$1,708,179$1,427,443$2,287,987
50$3,269,213$1,731,926$1,415,309$2,396,622
51$3,540,831$1,754,949$1,400,879$2,514,131
52$3,838,205$1,777,151$1,384,018$2,641,418
53$4,163,902$1,798,432$1,364,583$2,779,479
54$4,520,748$1,818,682$1,342,425$2,929,414
55$4,911,854$1,837,788$1,317,385$3,092,441
56$5,340,648$1,855,624$1,289,302$3,269,902
57$5,810,903$1,872,059$1,258,003$3,463,282
58$6,326,778$1,886,953$1,223,310$3,674,220
59$6,892,853$1,900,156$1,185,033$3,904,524
60$7,514,170$1,911,510$1,142,978$4,156,194
61$8,196,286$1,920,845$1,096,939$4,431,436
62$8,945,322$1,927,981$1,046,701$4,732,687
63$9,768,019$1,932,727$992,040$5,062,637
64$10,671,805$1,934,878$932,721$5,424,256
65$11,664,862$1,934,220$868,500$5,820,821
66$12,756,204$1,930,522$799,121$6,255,951
67$13,955,760$1,923,542$724,315$6,733,641
68$15,274,471$1,913,019$643,803$7,258,298
69$16,724,391$1,898,681$557,294$7,834,788
70$18,318,798$1,880,235$464,483$8,468,480
71$20,072,323$1,857,374$365,050$9,165,298
72$22,001,085$1,829,771$258,665$9,931,780
73$24,122,845$1,797,078$144,979$10,775,139
74$26,457,169$1,758,930$23,631$11,703,334
75$29,025,620$1,714,937$0$12,725,146
76$31,851,952$1,664,687$0$13,883,023
77$34,962,340$1,607,746$0$15,164,823
78$38,385,624$1,543,651$0$16,575,144
79$42,153,583$1,471,915$0$18,127,124
80$46,301,231$1,392,022$0$19,835,245
81$50,867,151$1,303,425$0$21,715,474
82$55,893,855$1,205,548$0$23,785,414
83$61,428,188$1,097,779$0$26,064,467
84$67,521,768$979,475$0$28,574,026
85$74,231,472$849,953$0$31,337,670
86$81,619,974$708,492$0$34,381,396
87$89,756,335$554,332$0$37,733,857
88$98,716,655$386,668$0$41,426,642
89$108,584,791$204,652$0$45,494,571
90$119,453,146$7,387$0$49,976,028
91$131,423,544$0$0$54,913,323
92$144,608,188$0$0$60,427,927
93$159,130,717$0$0$66,505,343
94$175,127,377$0$0$73,199,940
95$192,748,305$0$0$80,574,583
96$212,158,943$0$0$88,698,549
97$233,541,600$0$0$97,648,179
98$257,097,176$0$0$107,507,597
99$283,047,051$0$0$118,369,502
100$311,635,182$0$0$130,336,051