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

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$116,436$115,399$114,387$113,400$112,435$110,120
2 years$57,642$56,568$55,528$54,519$53,541$51,219
3 years$38,046$36,968$35,930$34,931$33,968$31,712
4 years$28,250$27,175$26,148$25,166$24,227$22,053
5 years$22,374$21,306$20,292$19,330$18,417$16,333
6 years$18,458$17,398$16,399$15,458$14,572$12,580
7 years$15,662$14,611$13,628$12,709$11,851$9,951
8 years$13,566$12,524$11,557$10,661$9,832$8,022
9 years$11,937$10,904$9,954$9,081$8,280$6,560
10 years$10,634$9,612$8,678$7,828$7,055$5,424
11 years$9,569$8,557$7,640$6,813$6,067$4,523
12 years$8,681$7,680$6,781$5,976$5,258$3,797
13 years$7,931$6,941$6,058$5,276$4,585$3,206
14 years$7,289$6,309$5,443$4,683$4,019$2,719
15 years$6,733$5,763$4,914$4,176$3,539$2,314
16 years$6,247$5,288$4,456$3,740$3,128$1,976
17 years$5,818$4,870$4,054$3,360$2,773$1,692
18 years$5,438$4,500$3,701$3,028$2,466$1,452
19 years$5,098$4,170$3,388$2,736$2,198$1,248
20 years$4,792$3,875$3,110$2,478$1,963$1,075
21 years$4,516$3,610$2,860$2,249$1,757$927
22 years$4,265$3,370$2,636$2,045$1,575$800
23 years$4,037$3,151$2,434$1,862$1,414$691
24 years$3,827$2,953$2,251$1,698$1,270$598
25 years$3,635$2,771$2,085$1,551$1,143$517
26 years$3,458$2,604$1,934$1,418$1,030$448
27 years$3,294$2,451$1,796$1,298$928$388
28 years$3,143$2,309$1,669$1,189$838$337
29 years$3,002$2,179$1,553$1,091$756$292
30 years$2,870$2,058$1,447$1,001$684$253
31 years$2,747$1,945$1,349$919$618$220
32 years$2,633$1,840$1,259$845$559$191
33 years$2,525$1,743$1,175$777$506$166
34 years$2,424$1,652$1,098$715$458$144
35 years$2,329$1,567$1,026$658$415$125
36 years$2,239$1,487$960$606$376$109
37 years$2,155$1,412$899$558$341$94
38 years$2,075$1,342$842$515$309$82
39 years$1,999$1,276$789$475$280$71
40 years$1,928$1,214$739$438$254$62
41 years$1,860$1,156$693$404$230$54
42 years$1,795$1,101$650$373$209$47
43 years$1,734$1,049$610$344$190$41
44 years$1,675$1,000$573$318$172$35
45 years$1,620$953$538$293$156$31
46 years$1,566$910$505$271$142$27
47 years$1,516$868$474$250$129$23
48 years$1,467$829$446$231$117$20
49 years$1,421$791$419$214$106$18
50 years$1,377$756$394$198$97$15

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 $6,100 every year, while hoping to spend $50,812 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: 70/9/21 Blend
39$1,410,000$1,410,000$1,410,000$1,410,000
40$1,560,112$1,485,382$1,463,527$1,660,821
41$1,665,180$1,504,102$1,458,492$1,747,545
42$1,779,262$1,522,037$1,451,585$1,835,883
43$1,903,223$1,539,093$1,442,689$1,931,332
44$2,038,017$1,555,174$1,431,684$2,034,591
45$2,184,690$1,570,173$1,418,442$2,146,432
46$2,344,397$1,583,979$1,402,827$2,267,704
47$2,518,404$1,596,473$1,384,701$2,399,343
48$2,708,109$1,607,528$1,363,916$2,542,385
49$2,915,048$1,617,009$1,340,319$2,697,966
50$3,140,912$1,624,772$1,313,749$2,867,345
51$3,387,564$1,630,664$1,284,038$3,051,906
52$3,657,051$1,634,522$1,251,009$3,253,177
53$3,951,630$1,636,174$1,214,478$3,472,841
54$4,273,786$1,635,436$1,174,253$3,712,757
55$4,626,253$1,632,113$1,130,131$3,974,972
56$5,012,043$1,625,999$1,081,902$4,261,743
57$5,434,471$1,616,873$1,029,346$4,575,561
58$5,897,190$1,604,502$972,232$4,919,170
59$6,404,221$1,588,641$910,320$5,295,598
60$6,959,993$1,569,025$843,357$5,708,182
61$7,569,384$1,545,379$771,081$6,160,602
62$8,237,766$1,517,407$693,217$6,656,914
63$8,971,056$1,484,799$609,478$7,201,592
64$9,775,773$1,447,223$519,564$7,799,568
65$10,659,096$1,404,331$423,163$8,456,279
66$11,628,933$1,355,752$319,948$9,177,720
67$12,693,995$1,301,094$209,577$9,970,501
68$13,863,879$1,239,945$91,695$10,841,908
69$15,149,157$1,171,864$0$11,799,974
70$16,561,474$1,096,389$0$12,861,198
71$18,113,662$1,013,030$0$14,050,124
72$19,819,855$921,268$0$15,357,039
73$21,695,626$820,556$0$16,793,902
74$23,758,131$710,314$0$18,373,894
75$26,026,272$589,931$0$20,111,537
76$28,520,875$458,761$0$22,022,834
77$31,264,885$316,121$0$24,125,420
78$34,283,583$161,291$0$26,438,728
79$37,604,824$0$0$28,984,173
80$41,259,296$0$0$31,785,994
81$45,280,816$0$0$34,886,890
82$49,706,644$0$0$38,299,627
83$54,577,832$0$0$42,055,873
84$59,939,616$0$0$46,190,521
85$65,841,839$0$0$50,742,019
86$72,339,424$0$0$55,752,732
87$79,492,886$0$0$61,269,341
88$87,368,908$0$0$67,343,283
89$96,040,970$0$0$74,031,239
90$105,590,035$0$0$81,395,662
91$116,105,320$0$0$89,505,374
92$127,685,136$0$0$98,436,208
93$140,437,810$0$0$108,271,728
94$154,482,714$0$0$119,104,014
95$169,951,386$0$0$131,034,533
96$186,988,773$0$0$144,175,096
97$205,754,597$0$0$158,648,909
98$226,424,864$0$0$174,591,742
99$249,193,522$0$0$192,153,204
100$274,274,292$0$0$211,498,158