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

Use the below retirement simulation to view the chances of a successful retirement.
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%11.5%
1 years$115,611$114,581$113,576$112,596$111,638$110,934
2 years$57,233$56,167$55,134$54,132$53,161$52,451
3 years$37,776$36,706$35,675$34,683$33,727$33,034
4 years$28,050$26,983$25,963$24,987$24,055$23,382
5 years$22,216$21,155$20,148$19,193$18,286$17,637
6 years$18,327$17,274$16,283$15,349$14,469$13,844
7 years$15,551$14,507$13,531$12,619$11,767$11,166
8 years$13,470$12,435$11,475$10,586$9,762$9,185
9 years$11,852$10,827$9,884$9,017$8,221$7,668
10 years$10,558$9,544$8,617$7,772$7,005$6,476
11 years$9,501$8,496$7,586$6,764$6,024$5,519
12 years$8,620$7,626$6,732$5,933$5,221$4,738
13 years$7,875$6,891$6,015$5,238$4,552$4,093
14 years$7,237$6,264$5,405$4,650$3,991$3,553
15 years$6,685$5,722$4,880$4,147$3,514$3,098
16 years$6,203$5,250$4,424$3,713$3,105$2,710
17 years$5,777$4,835$4,026$3,336$2,753$2,379
18 years$5,399$4,468$3,675$3,007$2,448$2,093
19 years$5,062$4,141$3,364$2,717$2,182$1,846
20 years$4,758$3,848$3,088$2,460$1,949$1,631
21 years$4,484$3,584$2,840$2,233$1,744$1,444
22 years$4,235$3,346$2,617$2,030$1,563$1,280
23 years$4,008$3,129$2,417$1,849$1,403$1,136
24 years$3,800$2,932$2,235$1,686$1,261$1,010
25 years$3,609$2,751$2,070$1,540$1,135$898
26 years$3,434$2,586$1,920$1,408$1,022$800
27 years$3,271$2,434$1,783$1,289$922$713
28 years$3,120$2,293$1,657$1,181$832$636
29 years$2,980$2,163$1,542$1,083$751$567
30 years$2,850$2,043$1,437$994$679$506
31 years$2,728$1,931$1,339$913$614$452
32 years$2,614$1,827$1,250$839$555$404
33 years$2,507$1,731$1,167$771$502$361
34 years$2,407$1,640$1,090$710$455$323
35 years$2,312$1,556$1,019$653$412$289
36 years$2,224$1,477$953$602$373$259
37 years$2,140$1,402$892$554$338$231
38 years$2,060$1,333$836$511$307$207
39 years$1,985$1,267$783$471$278$185
40 years$1,914$1,206$734$435$252$166
41 years$1,847$1,148$688$401$229$149
42 years$1,782$1,093$646$370$208$133
43 years$1,721$1,042$606$342$188$119
44 years$1,663$993$569$315$171$107
45 years$1,608$947$534$291$155$96
46 years$1,555$903$501$269$141$86
47 years$1,505$862$471$249$128$77
48 years$1,457$823$443$230$116$69
49 years$1,411$786$416$212$106$62
50 years$1,367$751$391$196$96$55

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 $3,877 every year, while hoping to spend $44,939 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: 56/39/5 Blend
39$1,400,000$1,400,000$1,400,000$1,400,000
40$1,546,799$1,472,599$1,450,899$1,631,679
41$1,656,758$1,496,942$1,451,689$1,713,573
42$1,776,426$1,520,971$1,451,000$1,797,335
43$1,906,747$1,544,624$1,448,734$1,887,440
44$2,048,758$1,567,834$1,444,790$1,984,494
45$2,203,602$1,590,527$1,439,060$2,089,168
46$2,372,534$1,612,628$1,431,433$2,202,199
47$2,556,938$1,634,053$1,421,792$2,324,403
48$2,758,338$1,654,713$1,410,014$2,456,676
49$2,978,409$1,674,514$1,395,970$2,600,007
50$3,218,996$1,693,356$1,379,525$2,755,487
51$3,482,133$1,711,129$1,360,538$2,924,319
52$3,770,056$1,727,720$1,338,862$3,107,829
53$4,085,228$1,743,005$1,314,340$3,307,480
54$4,430,363$1,756,853$1,286,812$3,524,883
55$4,808,447$1,769,126$1,256,107$3,761,816
56$5,222,771$1,779,676$1,222,049$4,020,240
57$5,676,957$1,788,344$1,184,452$4,302,318
58$6,174,997$1,794,962$1,143,121$4,610,433
59$6,721,285$1,799,354$1,097,853$4,947,214
60$7,320,662$1,801,328$1,048,437$5,315,561
61$7,978,460$1,800,684$994,651$5,718,670
62$8,700,553$1,797,208$936,262$6,160,067
63$9,493,411$1,790,672$873,028$6,643,639
64$10,364,161$1,780,837$804,696$7,173,673
65$11,320,653$1,767,445$731,001$7,754,897
66$12,371,537$1,750,227$651,667$8,392,521
67$13,526,340$1,728,895$566,404$9,092,296
68$14,795,560$1,703,145$474,912$9,860,557
69$16,190,761$1,672,652$376,876$10,704,293
70$17,724,683$1,637,077$271,965$11,631,211
71$19,411,363$1,596,055$159,838$12,649,807
72$21,266,265$1,549,205$40,136$13,769,449
73$23,306,427$1,496,120$0$15,000,467
74$25,550,623$1,436,370$0$16,358,924
75$28,019,536$1,369,501$0$17,855,293
76$30,735,954$1,295,032$0$19,501,296
77$33,724,987$1,212,455$0$21,312,222
78$37,014,302$1,121,231$0$23,304,924
79$40,634,381$1,020,792$0$25,497,981
80$44,618,815$910,537$0$27,911,877
81$49,004,611$789,831$0$30,569,190
82$53,832,552$658,003$0$33,494,813
83$59,147,571$514,344$0$36,716,186
84$64,999,181$358,104$0$40,263,558
85$71,441,939$188,494$0$44,170,273
86$78,535,963$4,676$0$48,473,091
87$86,347,497$0$0$53,212,530
88$94,949,535$0$0$58,516,611
89$104,422,510$0$0$64,360,095
90$114,855,054$0$0$70,795,672
91$126,344,833$0$0$77,883,609
92$138,999,469$0$0$85,690,318
93$152,937,553$0$0$94,288,984
94$168,289,765$0$0$103,760,248
95$185,200,109$0$0$114,192,976
96$203,827,270$0$0$125,685,091
97$224,346,108$0$0$138,344,502
98$246,949,314$0$0$152,290,117
99$271,849,225$0$0$167,652,972
100$299,279,825$0$0$184,577,459