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%12.3%
1 years$119,740$118,673$117,632$116,617$115,625$114,513
2 years$59,277$58,173$57,103$56,066$55,060$53,939
3 years$39,125$38,017$36,950$35,922$34,932$33,838
4 years$29,052$27,946$26,890$25,880$24,914$23,855
5 years$23,009$21,910$20,868$19,878$18,939$17,918
6 years$18,982$17,891$16,864$15,897$14,986$14,004
7 years$16,106$15,025$14,014$13,070$12,188$11,246
8 years$13,951$12,879$11,885$10,964$10,111$9,209
9 years$12,275$11,214$10,237$9,339$8,515$7,652
10 years$10,935$9,884$8,925$8,050$7,255$6,431
11 years$9,840$8,799$7,857$7,006$6,239$5,454
12 years$8,928$7,898$6,973$6,145$5,407$4,659
13 years$8,156$7,137$6,230$5,425$4,715$4,004
14 years$7,496$6,488$5,598$4,816$4,133$3,458
15 years$6,924$5,927$5,054$4,295$3,639$2,998
16 years$6,424$5,438$4,582$3,846$3,216$2,609
17 years$5,983$5,008$4,169$3,455$2,852$2,277
18 years$5,592$4,627$3,806$3,114$2,536$1,992
19 years$5,242$4,289$3,484$2,814$2,260$1,747
20 years$4,928$3,985$3,198$2,548$2,019$1,535
21 years$4,644$3,712$2,941$2,313$1,807$1,351
22 years$4,386$3,465$2,711$2,103$1,619$1,190
23 years$4,151$3,241$2,503$1,915$1,454$1,050
24 years$3,936$3,036$2,315$1,747$1,307$928
25 years$3,738$2,850$2,144$1,595$1,176$820
26 years$3,556$2,678$1,989$1,459$1,059$726
27 years$3,388$2,520$1,846$1,335$955$643
28 years$3,232$2,375$1,717$1,223$862$569
29 years$3,087$2,241$1,597$1,122$778$505
30 years$2,952$2,116$1,488$1,029$703$448
31 years$2,825$2,000$1,387$945$635$397
32 years$2,707$1,893$1,294$869$575$353
33 years$2,597$1,792$1,208$799$520$313
34 years$2,493$1,699$1,129$735$471$278
35 years$2,395$1,611$1,056$677$427$247
36 years$2,303$1,529$988$623$387$220
37 years$2,216$1,453$924$574$350$195
38 years$2,134$1,380$866$529$318$174
39 years$2,056$1,313$811$488$288$154
40 years$1,982$1,249$760$450$261$137
41 years$1,912$1,189$713$415$237$122
42 years$1,846$1,132$669$383$215$109
43 years$1,783$1,079$627$354$195$97
44 years$1,723$1,028$589$327$177$86
45 years$1,666$981$553$302$161$77
46 years$1,611$935$519$279$146$68
47 years$1,559$893$488$257$133$61
48 years$1,509$852$458$238$120$54
49 years$1,461$814$431$220$109$48
50 years$1,416$777$405$203$99$43

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 $5,501 every year, while hoping to spend $48,972 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: 53/17/30 Blend
39$1,450,000$1,450,000$1,450,000$1,450,000
40$1,603,574$1,526,724$1,504,249$1,674,826
41$1,715,033$1,549,428$1,502,536$1,747,627
42$1,836,219$1,571,603$1,499,124$1,821,423
43$1,968,073$1,593,171$1,493,904$1,900,784
44$2,111,630$1,614,050$1,486,763$1,986,266
45$2,268,029$1,634,150$1,477,582$2,078,480
46$2,438,522$1,653,378$1,466,235$2,178,104
47$2,624,488$1,671,631$1,452,591$2,285,883
48$2,827,446$1,688,801$1,436,513$2,402,643
49$3,049,067$1,704,773$1,417,857$2,529,294
50$3,291,189$1,719,424$1,396,473$2,666,843
51$3,555,838$1,732,624$1,372,202$2,816,400
52$3,845,243$1,744,232$1,344,881$2,979,191
53$4,161,858$1,754,100$1,314,335$3,156,569
54$4,508,387$1,762,070$1,280,384$3,350,031
55$4,887,806$1,767,975$1,242,840$3,561,224
56$5,303,391$1,771,635$1,201,505$3,791,971
57$5,758,753$1,772,860$1,156,171$4,044,282
58$6,257,865$1,771,450$1,106,623$4,320,375
59$6,805,106$1,767,190$1,052,633$4,622,699
60$7,405,298$1,759,853$993,967$4,953,957
61$8,063,750$1,749,198$930,377$5,317,130
62$8,786,312$1,734,968$861,604$5,715,511
63$9,579,428$1,716,894$787,380$6,152,729
64$10,450,194$1,694,686$707,421$6,632,793
65$11,406,429$1,668,040$621,435$7,160,122
66$12,456,744$1,636,634$529,113$7,739,594
67$13,610,628$1,600,125$430,134$8,376,591
68$14,878,531$1,558,151$324,163$9,077,047
69$16,271,969$1,510,328$210,850$9,847,512
70$17,803,626$1,456,250$89,830$10,695,209
71$19,487,478$1,395,488$0$11,628,106
72$21,338,921$1,327,587$0$12,667,577
73$23,374,918$1,252,065$0$13,842,234
74$25,614,158$1,168,416$0$15,134,115
75$28,077,234$1,076,100$0$16,555,151
76$30,786,832$974,548$0$18,118,490
77$33,767,949$863,162$0$19,838,623
78$37,048,127$741,304$0$21,731,521
79$40,657,712$608,304$0$23,814,789
80$44,630,142$463,454$0$26,107,828
81$49,002,258$306,004$0$28,632,021
82$53,814,654$135,165$0$31,410,935
83$59,112,061$0$0$34,470,545
84$64,943,765$0$0$37,848,814
85$71,364,075$0$0$41,596,069
86$78,432,832$0$0$45,721,975
87$86,215,976$0$0$50,265,041
88$94,786,164$0$0$55,267,702
89$104,223,460$0$0$60,776,717
90$114,616,088$0$0$66,843,610
91$126,061,261$0$0$73,525,157
92$138,666,104$0$0$80,883,923
93$152,548,658$0$0$88,988,847
94$167,838,999$0$0$97,915,899
95$184,680,461$0$0$107,748,791
96$203,230,992$0$0$118,579,770
97$223,664,641$0$0$130,510,488
98$246,173,201$0$0$143,652,961
99$270,968,019$0$0$158,130,623
100$298,281,990$0$0$174,079,496