Can I retire at age 40 with 1,410,000?

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$116,436$115,399$114,387$113,400$112,435$109,055
2 years$57,642$56,568$55,528$54,519$53,541$50,163
3 years$38,046$36,968$35,930$34,931$33,968$30,700
4 years$28,250$27,175$26,148$25,166$24,227$21,092
5 years$22,374$21,306$20,292$19,330$18,417$15,425
6 years$18,458$17,398$16,399$15,458$14,572$11,726
7 years$15,662$14,611$13,628$12,709$11,851$9,150
8 years$13,566$12,524$11,557$10,661$9,832$7,274
9 years$11,937$10,904$9,954$9,081$8,280$5,863
10 years$10,634$9,612$8,678$7,828$7,055$4,775
11 years$9,569$8,557$7,640$6,813$6,067$3,921
12 years$8,681$7,680$6,781$5,976$5,258$3,241
13 years$7,931$6,941$6,058$5,276$4,585$2,692
14 years$7,289$6,309$5,443$4,683$4,019$2,246
15 years$6,733$5,763$4,914$4,176$3,539$1,880
16 years$6,247$5,288$4,456$3,740$3,128$1,578
17 years$5,818$4,870$4,054$3,360$2,773$1,328
18 years$5,438$4,500$3,701$3,028$2,466$1,120
19 years$5,098$4,170$3,388$2,736$2,198$945
20 years$4,792$3,875$3,110$2,478$1,963$799
21 years$4,516$3,610$2,860$2,249$1,757$677
22 years$4,265$3,370$2,636$2,045$1,575$573
23 years$4,037$3,151$2,434$1,862$1,414$486
24 years$3,827$2,953$2,251$1,698$1,270$413
25 years$3,635$2,771$2,085$1,551$1,143$350
26 years$3,458$2,604$1,934$1,418$1,030$298
27 years$3,294$2,451$1,796$1,298$928$253
28 years$3,143$2,309$1,669$1,189$838$215
29 years$3,002$2,179$1,553$1,091$756$183
30 years$2,870$2,058$1,447$1,001$684$155
31 years$2,747$1,945$1,349$919$618$132
32 years$2,633$1,840$1,259$845$559$113
33 years$2,525$1,743$1,175$777$506$96
34 years$2,424$1,652$1,098$715$458$82
35 years$2,329$1,567$1,026$658$415$69
36 years$2,239$1,487$960$606$376$59
37 years$2,155$1,412$899$558$341$50
38 years$2,075$1,342$842$515$309$43
39 years$1,999$1,276$789$475$280$36
40 years$1,928$1,214$739$438$254$31
41 years$1,860$1,156$693$404$230$26
42 years$1,795$1,101$650$373$209$23
43 years$1,734$1,049$610$344$190$19
44 years$1,675$1,000$573$318$172$16
45 years$1,620$953$538$293$156$14
46 years$1,566$910$505$271$142$12
47 years$1,516$868$474$250$129$10
48 years$1,467$829$446$231$117$9
49 years$1,421$791$419$214$106$7
50 years$1,377$756$394$198$97$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,410,000, adding $5,436 every year, while hoping to spend $20,084 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: 44/50/6 Blend
39$1,410,000$1,410,000$1,410,000$1,410,000
40$1,559,427$1,484,697$1,462,842$1,625,169
41$1,697,120$1,536,078$1,490,478$1,722,522
42$1,848,183$1,589,304$1,518,367$1,825,464
43$2,013,961$1,644,443$1,546,496$1,936,561
44$2,195,933$1,701,568$1,574,850$2,056,567
45$2,395,726$1,760,753$1,603,416$2,186,309
46$2,615,136$1,822,076$1,632,177$2,326,699
47$2,856,141$1,885,618$1,661,115$2,478,735
48$3,120,916$1,951,463$1,690,212$2,643,518
49$3,411,863$2,019,698$1,719,447$2,822,254
50$3,731,624$2,090,413$1,748,799$3,016,271
51$4,083,110$2,163,704$1,778,244$3,227,030
52$4,469,530$2,239,668$1,807,758$3,456,136
53$4,894,418$2,318,408$1,837,314$3,705,355
54$5,361,667$2,400,029$1,866,883$3,976,629
55$5,875,569$2,484,642$1,896,436$4,272,094
56$6,440,850$2,572,362$1,925,939$4,594,100
57$7,062,718$2,663,309$1,955,359$4,945,234
58$7,746,910$2,757,606$1,984,658$5,328,340
59$8,499,750$2,855,384$2,013,799$5,746,549
60$9,328,203$2,956,776$2,042,740$6,203,308
61$10,239,944$3,061,923$2,071,437$6,702,409
62$11,243,432$3,170,971$2,099,843$7,248,027
63$12,347,984$3,284,071$2,127,910$7,844,756
64$13,563,869$3,401,381$2,155,586$8,497,654
65$14,902,401$3,523,065$2,182,815$9,212,291
66$16,376,045$3,649,295$2,209,539$9,994,798
67$17,998,540$3,780,249$2,235,697$10,851,925
68$19,785,022$3,916,112$2,261,223$11,791,105
69$21,752,169$4,057,077$2,286,050$12,820,522
70$23,918,362$4,203,345$2,310,103$13,949,189
71$26,303,852$4,355,125$2,333,309$15,187,031
72$28,930,954$4,512,636$2,355,584$16,544,979
73$31,824,261$4,676,105$2,376,846$18,035,069
74$35,010,869$4,845,767$2,397,004$19,670,559
75$38,520,638$5,021,870$2,415,963$21,466,051
76$42,386,471$5,204,670$2,433,626$23,437,627
77$46,644,626$5,394,433$2,449,887$25,603,003
78$51,335,057$5,591,440$2,464,638$27,981,691
79$56,501,791$5,795,979$2,477,761$30,595,183
80$62,193,345$6,008,353$2,489,138$33,467,155
81$68,463,181$6,228,877$2,498,638$36,623,688
82$75,370,212$6,457,879$2,506,130$40,093,512
83$82,979,361$6,695,701$2,511,472$43,908,276
84$91,362,166$6,942,701$2,514,517$48,102,848
85$100,597,463$7,199,249$2,515,109$52,715,637
86$110,772,125$7,465,734$2,513,086$57,788,961
87$121,981,885$7,742,558$2,508,278$63,369,440
88$134,332,237$8,030,144$2,500,505$69,508,436
89$147,939,434$8,328,929$2,489,581$76,262,535
90$162,931,582$8,639,372$2,475,307$83,694,083
91$179,449,852$8,961,950$2,457,479$91,871,768
92$197,649,812$9,297,161$2,435,879$100,871,270
93$217,702,894$9,645,523$2,410,283$110,775,971
94$239,798,014$10,007,578$2,380,452$121,677,742
95$264,143,353$10,383,891$2,346,139$133,677,807
96$290,968,324$10,775,051$2,307,083$146,887,696
97$320,525,736$11,181,671$2,263,013$161,430,298
98$353,094,181$11,604,393$2,213,644$177,441,015
99$388,980,664$12,043,885$2,158,678$195,069,040
100$428,523,501$12,500,845$2,097,803$214,478,762