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%11%
1 years$115,611$114,581$113,576$112,596$111,638$111,168
2 years$57,233$56,167$55,134$54,132$53,161$52,686
3 years$37,776$36,706$35,675$34,683$33,727$33,263
4 years$28,050$26,983$25,963$24,987$24,055$23,604
5 years$22,216$21,155$20,148$19,193$18,286$17,850
6 years$18,327$17,274$16,283$15,349$14,469$14,049
7 years$15,551$14,507$13,531$12,619$11,767$11,363
8 years$13,470$12,435$11,475$10,586$9,762$9,374
9 years$11,852$10,827$9,884$9,017$8,221$7,849
10 years$10,558$9,544$8,617$7,772$7,005$6,648
11 years$9,501$8,496$7,586$6,764$6,024$5,683
12 years$8,620$7,626$6,732$5,933$5,221$4,894
13 years$7,875$6,891$6,015$5,238$4,552$4,241
14 years$7,237$6,264$5,405$4,650$3,991$3,694
15 years$6,685$5,722$4,880$4,147$3,514$3,231
16 years$6,203$5,250$4,424$3,713$3,105$2,837
17 years$5,777$4,835$4,026$3,336$2,753$2,498
18 years$5,399$4,468$3,675$3,007$2,448$2,206
19 years$5,062$4,141$3,364$2,717$2,182$1,952
20 years$4,758$3,848$3,088$2,460$1,949$1,732
21 years$4,484$3,584$2,840$2,233$1,744$1,538
22 years$4,235$3,346$2,617$2,030$1,563$1,369
23 years$4,008$3,129$2,417$1,849$1,403$1,220
24 years$3,800$2,932$2,235$1,686$1,261$1,088
25 years$3,609$2,751$2,070$1,540$1,135$972
26 years$3,434$2,586$1,920$1,408$1,022$869
27 years$3,271$2,434$1,783$1,289$922$777
28 years$3,120$2,293$1,657$1,181$832$696
29 years$2,980$2,163$1,542$1,083$751$623
30 years$2,850$2,043$1,437$994$679$559
31 years$2,728$1,931$1,339$913$614$501
32 years$2,614$1,827$1,250$839$555$449
33 years$2,507$1,731$1,167$771$502$403
34 years$2,407$1,640$1,090$710$455$362
35 years$2,312$1,556$1,019$653$412$325
36 years$2,224$1,477$953$602$373$292
37 years$2,140$1,402$892$554$338$263
38 years$2,060$1,333$836$511$307$236
39 years$1,985$1,267$783$471$278$212
40 years$1,914$1,206$734$435$252$191
41 years$1,847$1,148$688$401$229$172
42 years$1,782$1,093$646$370$208$155
43 years$1,721$1,042$606$342$188$139
44 years$1,663$993$569$315$171$125
45 years$1,608$947$534$291$155$113
46 years$1,555$903$501$269$141$101
47 years$1,505$862$471$249$128$91
48 years$1,457$823$443$230$116$82
49 years$1,411$786$416$212$106$74
50 years$1,367$751$391$196$96$67

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 $6,209 every year, while hoping to spend $42,663 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: 51/41/8 Blend
39$1,400,000$1,400,000$1,400,000$1,400,000
40$1,549,205$1,475,005$1,453,305$1,624,749
41$1,661,830$1,501,887$1,456,597$1,703,755
42$1,784,514$1,528,656$1,458,570$1,784,489
43$1,918,237$1,555,262$1,459,134$1,871,244
44$2,064,077$1,581,651$1,458,196$1,964,595
45$2,223,225$1,607,763$1,455,657$2,065,177
46$2,396,986$1,633,536$1,451,414$2,173,689
47$2,586,802$1,658,903$1,445,360$2,290,903
48$2,794,256$1,683,789$1,437,380$2,417,670
49$3,021,094$1,708,119$1,427,356$2,554,925
50$3,269,237$1,731,808$1,415,164$2,703,704
51$3,540,801$1,754,768$1,400,673$2,865,146
52$3,838,114$1,776,903$1,383,747$3,040,509
53$4,163,742$1,798,112$1,364,243$3,231,177
54$4,520,509$1,818,285$1,342,010$3,438,681
55$4,911,527$1,837,306$1,316,893$3,664,705
56$5,340,221$1,855,053$1,288,728$3,911,108
57$5,810,365$1,871,392$1,257,341$4,179,941
58$6,326,115$1,886,183$1,222,555$4,473,464
59$6,892,049$1,899,276$1,184,181$4,794,170
60$7,513,209$1,910,512$1,142,022$5,144,808
61$8,195,150$1,919,721$1,095,874$5,528,410
62$8,943,990$1,926,722$1,045,521$5,948,320
63$9,766,470$1,931,324$990,738$6,408,225
64$10,670,013$1,933,322$931,291$6,912,191
65$11,662,800$1,932,500$866,935$7,464,700
66$12,753,841$1,928,628$797,413$8,070,699
67$13,953,063$1,921,462$722,457$8,735,639
68$15,271,404$1,910,741$641,787$9,465,531
69$16,720,912$1,896,192$555,112$10,267,007
70$18,314,862$1,877,523$462,125$11,147,376
71$20,067,880$1,854,424$362,509$12,114,699
72$21,996,080$1,826,567$255,929$13,177,865
73$24,117,217$1,793,606$142,040$14,346,673
74$26,450,853$1,755,172$20,477$15,631,931
75$29,018,540$1,710,876$0$17,045,552
76$31,844,027$1,660,304$0$18,610,000
77$34,953,480$1,603,021$0$20,332,904
78$38,375,729$1,538,564$0$22,228,520
79$42,142,544$1,466,444$0$24,314,492
80$46,288,927$1,386,143$0$26,610,269
81$50,853,449$1,297,115$0$29,137,293
82$55,878,607$1,198,781$0$31,919,201
83$61,411,232$1,090,528$0$34,982,049
84$67,502,925$971,711$0$38,354,558
85$74,210,545$841,646$0$42,068,392
86$81,596,744$699,611$0$46,158,452
87$89,730,563$544,843$0$50,663,211
88$98,688,076$376,536$0$55,625,078
89$108,553,113$193,839$0$61,090,802
90$119,418,048$0$0$67,111,911
91$131,384,670$0$0$73,747,077
92$144,565,147$0$0$81,151,815
93$159,083,078$0$0$89,308,137
94$175,074,664$0$0$98,292,587
95$192,689,994$0$0$108,189,514
96$212,094,455$0$0$119,091,867
97$233,470,299$0$0$131,102,071
98$257,018,359$0$0$144,332,995
99$282,959,945$0$0$158,909,016
100$311,538,932$0$0$174,967,194