Can I retire at age 40 with 1,430,000?

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$118,088$117,036$116,010$115,008$114,030$111,911
2 years$58,459$57,371$56,316$55,292$54,300$52,173
3 years$38,586$37,492$36,440$35,426$34,450$32,381
4 years$28,651$27,561$26,519$25,523$24,570$22,576
5 years$22,692$21,608$20,580$19,604$18,678$16,763
6 years$18,720$17,645$16,631$15,677$14,779$12,947
7 years$15,884$14,818$13,821$12,889$12,019$10,270
8 years$13,758$12,702$11,721$10,812$9,971$8,304
9 years$12,106$11,059$10,095$9,210$8,397$6,811
10 years$10,785$9,748$8,801$7,939$7,155$5,648
11 years$9,704$8,678$7,749$6,909$6,153$4,725
12 years$8,805$7,789$6,877$6,060$5,332$3,979
13 years$8,044$7,039$6,144$5,350$4,650$3,371
14 years$7,393$6,398$5,520$4,749$4,076$2,869
15 years$6,828$5,845$4,984$4,236$3,589$2,450
16 years$6,335$5,363$4,519$3,793$3,172$2,100
17 years$5,901$4,939$4,112$3,408$2,812$1,804
18 years$5,515$4,564$3,754$3,071$2,501$1,554
19 years$5,170$4,230$3,436$2,775$2,229$1,341
20 years$4,860$3,930$3,154$2,513$1,991$1,159
21 years$4,580$3,661$2,901$2,281$1,782$1,003
22 years$4,326$3,417$2,674$2,074$1,597$869
23 years$4,094$3,196$2,469$1,889$1,434$754
24 years$3,882$2,995$2,283$1,723$1,289$655
25 years$3,687$2,810$2,114$1,573$1,159$569
26 years$3,507$2,641$1,961$1,438$1,044$495
27 years$3,341$2,486$1,821$1,317$942$430
28 years$3,187$2,342$1,693$1,206$850$375
29 years$3,044$2,210$1,575$1,106$767$326
30 years$2,911$2,087$1,467$1,015$693$284
31 years$2,786$1,973$1,368$932$627$248
32 years$2,670$1,867$1,276$857$567$216
33 years$2,561$1,768$1,192$788$513$188
34 years$2,458$1,675$1,114$725$465$164
35 years$2,362$1,589$1,041$667$421$143
36 years$2,271$1,508$974$615$381$125
37 years$2,185$1,432$912$566$346$109
38 years$2,104$1,361$854$522$313$95
39 years$2,028$1,295$800$481$284$83
40 years$1,955$1,232$750$444$258$72
41 years$1,886$1,172$703$410$234$63
42 years$1,821$1,117$659$378$212$55
43 years$1,758$1,064$619$349$192$48
44 years$1,699$1,014$581$322$175$42
45 years$1,643$967$545$298$159$37
46 years$1,589$922$512$275$144$32
47 years$1,537$880$481$254$131$28
48 years$1,488$840$452$235$119$24
49 years$1,441$803$425$217$108$21
50 years$1,396$767$400$200$98$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,430,000, adding $3,526 every year, while hoping to spend $44,126 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: 52/35/13 Blend
39$1,430,000$1,430,000$1,430,000$1,430,000
40$1,579,497$1,503,707$1,481,542$1,655,983
41$1,693,656$1,530,439$1,484,224$1,735,346
42$1,817,980$1,557,002$1,485,517$1,816,625
43$1,953,460$1,583,341$1,485,328$1,904,019
44$2,101,185$1,609,397$1,483,558$1,998,118
45$2,262,356$1,635,106$1,480,107$2,099,571
46$2,438,291$1,660,402$1,474,865$2,209,097
47$2,630,444$1,685,209$1,467,721$2,327,486
48$2,840,416$1,709,451$1,458,556$2,455,610
49$3,069,968$1,733,043$1,447,247$2,594,431
50$3,321,038$1,755,896$1,433,663$2,745,011
51$3,595,762$1,777,913$1,417,670$2,908,520
52$3,896,492$1,798,993$1,399,124$3,086,248
53$4,225,816$1,819,025$1,377,876$3,279,619
54$4,586,585$1,837,894$1,353,771$3,490,203
55$4,981,940$1,855,473$1,326,645$3,719,732
56$5,415,337$1,871,631$1,296,327$3,970,115
57$5,890,586$1,886,225$1,262,639$4,243,460
58$6,411,881$1,899,106$1,225,393$4,542,089
59$6,983,843$1,910,112$1,184,393$4,868,565
60$7,611,561$1,919,073$1,139,436$5,225,714
61$8,300,639$1,925,807$1,090,306$5,616,654
62$9,057,254$1,930,121$1,036,780$6,044,822
63$9,888,206$1,931,809$978,625$6,514,009
64$10,800,990$1,930,655$915,596$7,028,397
65$11,803,860$1,926,426$847,437$7,592,596
66$12,905,909$1,918,876$773,882$8,211,692
67$14,117,156$1,907,745$694,651$8,891,292
68$15,448,638$1,892,756$609,454$9,637,582
69$16,912,514$1,873,617$517,986$10,457,380
70$18,522,181$1,850,014$419,929$11,358,206
71$20,292,398$1,821,621$314,952$12,348,354
72$22,239,429$1,788,085$202,708$13,436,966
73$24,381,188$1,749,039$82,836$14,634,127
74$26,737,416$1,704,089$0$15,950,953
75$29,329,865$1,652,822$0$17,405,959
76$32,182,498$1,594,797$0$19,019,074
77$35,321,720$1,529,550$0$20,793,756
78$38,776,627$1,456,588$0$22,746,498
79$42,579,274$1,375,393$0$24,895,478
80$46,764,986$1,285,413$0$27,260,735
81$51,372,684$1,186,067$0$29,864,358
82$56,445,253$1,076,740$0$32,730,698
83$62,029,949$956,781$0$35,886,594
84$68,178,844$825,503$0$39,361,633
85$74,949,314$682,181$0$43,188,426
86$82,404,584$526,047$0$47,402,923
87$90,614,319$356,291$0$52,044,747
88$99,655,289$172,058$0$57,157,575
89$109,612,083$0$0$62,789,548
90$120,577,918$0$0$69,004,345
91$132,655,508$0$0$75,922,401
92$145,958,039$0$0$83,542,307
93$160,610,237$0$0$91,935,531
94$176,749,539$0$0$101,180,829
95$194,527,397$0$0$111,364,986
96$214,110,704$0$0$122,583,633
97$235,683,365$0$0$134,942,155
98$259,448,038$0$0$148,556,677
99$285,628,045$0$0$163,555,170
100$314,469,477$0$0$180,078,648