Can I retire at age 40 with 1,450,000?

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$119,740$118,673$117,632$116,617$115,625$110,994
2 years$59,277$58,173$57,103$56,066$55,060$50,452
3 years$39,125$38,017$36,950$35,922$34,932$30,493
4 years$29,052$27,946$26,890$25,880$24,914$20,677
5 years$23,009$21,910$20,868$19,878$18,939$14,915
6 years$18,982$17,891$16,864$15,897$14,986$11,178
7 years$16,106$15,025$14,014$13,070$12,188$8,594
8 years$13,951$12,879$11,885$10,964$10,111$6,727
9 years$12,275$11,214$10,237$9,339$8,515$5,337
10 years$10,935$9,884$8,925$8,050$7,255$4,276
11 years$9,840$8,799$7,857$7,006$6,239$3,452
12 years$8,928$7,898$6,973$6,145$5,407$2,804
13 years$8,156$7,137$6,230$5,425$4,715$2,289
14 years$7,496$6,488$5,598$4,816$4,133$1,875
15 years$6,924$5,927$5,054$4,295$3,639$1,541
16 years$6,424$5,438$4,582$3,846$3,216$1,269
17 years$5,983$5,008$4,169$3,455$2,852$1,048
18 years$5,592$4,627$3,806$3,114$2,536$866
19 years$5,242$4,289$3,484$2,814$2,260$717
20 years$4,928$3,985$3,198$2,548$2,019$595
21 years$4,644$3,712$2,941$2,313$1,807$493
22 years$4,386$3,465$2,711$2,103$1,619$410
23 years$4,151$3,241$2,503$1,915$1,454$340
24 years$3,936$3,036$2,315$1,747$1,307$283
25 years$3,738$2,850$2,144$1,595$1,176$235
26 years$3,556$2,678$1,989$1,459$1,059$196
27 years$3,388$2,520$1,846$1,335$955$163
28 years$3,232$2,375$1,717$1,223$862$135
29 years$3,087$2,241$1,597$1,122$778$113
30 years$2,952$2,116$1,488$1,029$703$94
31 years$2,825$2,000$1,387$945$635$78
32 years$2,707$1,893$1,294$869$575$65
33 years$2,597$1,792$1,208$799$520$54
34 years$2,493$1,699$1,129$735$471$45
35 years$2,395$1,611$1,056$677$427$38
36 years$2,303$1,529$988$623$387$31
37 years$2,216$1,453$924$574$350$26
38 years$2,134$1,380$866$529$318$22
39 years$2,056$1,313$811$488$288$18
40 years$1,982$1,249$760$450$261$15
41 years$1,912$1,189$713$415$237$13
42 years$1,846$1,132$669$383$215$10
43 years$1,783$1,079$627$354$195$9
44 years$1,723$1,028$589$327$177$7
45 years$1,666$981$553$302$161$6
46 years$1,611$935$519$279$146$5
47 years$1,559$893$488$257$133$4
48 years$1,509$852$458$238$120$4
49 years$1,461$814$431$220$109$3
50 years$1,416$777$405$203$99$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,450,000, adding $5,006 every year, while hoping to spend $47,051 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: 58/22/20 Blend
39$1,450,000$1,450,000$1,450,000$1,450,000
40$1,603,064$1,526,214$1,503,739$1,687,261
41$1,716,514$1,550,936$1,504,052$1,769,777
42$1,839,960$1,575,293$1,502,799$1,854,161
43$1,974,370$1,599,217$1,499,877$1,945,113
44$2,120,813$1,622,635$1,495,180$2,043,275
45$2,280,462$1,645,471$1,488,594$2,149,357
46$2,454,609$1,667,639$1,480,003$2,264,143
47$2,644,679$1,689,053$1,469,282$2,388,495
48$2,852,236$1,709,616$1,456,303$2,523,365
49$3,079,004$1,729,228$1,440,930$2,669,805
50$3,326,882$1,747,780$1,423,020$2,828,973
51$3,597,959$1,765,156$1,402,426$3,002,147
52$3,894,535$1,781,233$1,378,992$3,190,738
53$4,219,144$1,795,879$1,352,554$3,396,301
54$4,574,575$1,808,956$1,322,943$3,620,551
55$4,963,900$1,820,313$1,289,980$3,865,380
56$5,390,502$1,829,792$1,253,478$4,132,876
57$5,858,106$1,837,225$1,213,243$4,425,341
58$6,370,816$1,842,432$1,169,069$4,745,314
59$6,933,150$1,845,222$1,120,744$5,095,595
60$7,550,086$1,845,393$1,068,044$5,479,274
61$8,227,107$1,842,729$1,010,736$5,899,756
62$8,970,252$1,837,003$948,576$6,360,800
63$9,786,174$1,827,972$881,308$6,866,547
64$10,682,199$1,815,378$808,668$7,421,569
65$11,666,400$1,798,949$730,376$8,030,903
66$12,747,671$1,778,395$646,141$8,700,108
67$13,935,807$1,753,410$555,660$9,435,311
68$15,241,601$1,723,669$458,617$10,243,271
69$16,676,943$1,688,827$354,679$11,131,438
70$18,254,932$1,648,521$243,501$12,108,031
71$19,989,999$1,602,362$124,723$13,182,110
72$21,898,045$1,549,944$0$14,363,665
73$23,996,587$1,490,832$0$15,664,147
74$26,304,926$1,424,570$0$17,123,699
75$28,844,326$1,350,672$0$18,729,158
76$31,638,220$1,268,627$0$20,495,380
77$34,712,421$1,177,893$0$22,438,739
78$38,095,374$1,077,896$0$24,577,284
79$41,818,421$968,031$0$26,930,906
80$45,916,094$847,659$0$29,521,528
81$50,426,444$716,102$0$32,373,315
82$55,391,397$572,647$0$35,512,899
83$60,857,151$416,538$0$38,969,632
84$66,874,610$246,979$0$42,775,866
85$73,499,867$63,127$0$46,967,258
86$80,794,727$0$0$51,583,105
87$88,827,296$0$0$56,699,622
88$97,672,619$0$0$62,350,829
89$107,413,391$0$0$68,574,296
90$118,140,734$0$0$75,428,263
91$129,955,058$0$0$82,976,906
92$142,967,008$0$0$91,290,941
93$157,298,508$0$0$100,448,295
94$173,083,910$0$0$110,534,838
95$190,471,263$0$0$121,645,194
96$209,623,709$0$0$133,883,634
97$230,721,022$0$0$147,365,060
98$253,961,306$0$0$162,216,088
99$279,562,861$0$0$178,576,245
100$307,766,246$0$0$196,599,282