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%18.4%
1 years$119,740$118,673$117,632$116,617$115,625$111,700
2 years$59,277$58,173$57,103$56,066$55,060$51,145
3 years$39,125$38,017$36,950$35,922$34,932$31,150
4 years$29,052$27,946$26,890$25,880$24,914$21,294
5 years$23,009$21,910$20,868$19,878$18,939$15,491
6 years$18,982$17,891$16,864$15,897$14,986$11,712
7 years$16,106$15,025$14,014$13,070$12,188$9,087
8 years$13,951$12,879$11,885$10,964$10,111$7,181
9 years$12,275$11,214$10,237$9,339$8,515$5,753
10 years$10,935$9,884$8,925$8,050$7,255$4,656
11 years$9,840$8,799$7,857$7,006$6,239$3,799
12 years$8,928$7,898$6,973$6,145$5,407$3,119
13 years$8,156$7,137$6,230$5,425$4,715$2,574
14 years$7,496$6,488$5,598$4,816$4,133$2,132
15 years$6,924$5,927$5,054$4,295$3,639$1,772
16 years$6,424$5,438$4,582$3,846$3,216$1,477
17 years$5,983$5,008$4,169$3,455$2,852$1,234
18 years$5,592$4,627$3,806$3,114$2,536$1,032
19 years$5,242$4,289$3,484$2,814$2,260$865
20 years$4,928$3,985$3,198$2,548$2,019$726
21 years$4,644$3,712$2,941$2,313$1,807$610
22 years$4,386$3,465$2,711$2,103$1,619$513
23 years$4,151$3,241$2,503$1,915$1,454$431
24 years$3,936$3,036$2,315$1,747$1,307$363
25 years$3,738$2,850$2,144$1,595$1,176$306
26 years$3,556$2,678$1,989$1,459$1,059$258
27 years$3,388$2,520$1,846$1,335$955$217
28 years$3,232$2,375$1,717$1,223$862$183
29 years$3,087$2,241$1,597$1,122$778$154
30 years$2,952$2,116$1,488$1,029$703$130
31 years$2,825$2,000$1,387$945$635$110
32 years$2,707$1,893$1,294$869$575$93
33 years$2,597$1,792$1,208$799$520$78
34 years$2,493$1,699$1,129$735$471$66
35 years$2,395$1,611$1,056$677$427$56
36 years$2,303$1,529$988$623$387$47
37 years$2,216$1,453$924$574$350$40
38 years$2,134$1,380$866$529$318$34
39 years$2,056$1,313$811$488$288$28
40 years$1,982$1,249$760$450$261$24
41 years$1,912$1,189$713$415$237$20
42 years$1,846$1,132$669$383$215$17
43 years$1,783$1,079$627$354$195$14
44 years$1,723$1,028$589$327$177$12
45 years$1,666$981$553$302$161$10
46 years$1,611$935$519$279$146$9
47 years$1,559$893$488$257$133$7
48 years$1,509$852$458$238$120$6
49 years$1,461$814$431$220$109$5
50 years$1,416$777$405$203$99$4

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 $5,881 every year, while hoping to spend $50,957 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: 47/23/30 Blend
39$1,450,000$1,450,000$1,450,000$1,450,000
40$1,603,966$1,527,116$1,504,641$1,665,299
41$1,713,353$1,547,727$1,500,829$1,729,921
42$1,832,189$1,567,640$1,495,181$1,794,643
43$1,961,385$1,586,767$1,487,582$1,863,939
44$2,101,942$1,605,014$1,477,912$1,938,269
45$2,254,961$1,622,281$1,466,043$2,018,140
46$2,421,655$1,638,460$1,451,843$2,104,112
47$2,603,357$1,653,438$1,435,173$2,196,806
48$2,801,535$1,667,093$1,415,887$2,296,908
49$3,017,806$1,679,294$1,393,834$2,405,177
50$3,253,948$1,689,905$1,368,852$2,522,450
51$3,511,918$1,698,778$1,340,777$2,649,655
52$3,793,872$1,705,757$1,309,431$2,787,817
53$4,102,184$1,710,676$1,274,634$2,938,068
54$4,439,465$1,713,357$1,236,193$3,101,660
55$4,808,594$1,713,615$1,193,908$3,279,975
56$5,212,736$1,711,248$1,147,570$3,474,541
57$5,655,382$1,706,046$1,096,960$3,687,047
58$6,140,373$1,697,784$1,041,850$3,919,357
59$6,671,939$1,686,223$982,000$4,173,531
60$7,254,740$1,671,111$917,160$4,451,844
61$7,893,908$1,652,180$847,070$4,756,808
62$8,595,095$1,629,146$771,455$5,091,200
63$9,364,528$1,601,707$690,032$5,458,081
64$10,209,064$1,569,545$602,503$5,860,836
65$11,136,258$1,532,322$508,555$6,303,199
66$12,154,430$1,489,679$407,866$6,789,293
67$13,272,747$1,441,239$300,095$7,323,669
68$14,501,307$1,386,600$184,888$7,911,352
69$15,851,235$1,325,338$61,877$8,557,887
70$17,334,786$1,257,004$0$9,269,393
71$18,965,460$1,181,124$0$10,074,838
72$20,758,133$1,097,195$0$10,982,043
73$22,729,192$1,004,687$0$11,979,538
74$24,896,691$903,038$0$13,076,538
75$27,280,523$791,656$0$14,283,202
76$29,902,603$669,913$0$15,610,729
77$32,787,078$537,149$0$17,071,465
78$35,960,554$392,663$0$18,679,018
79$39,452,343$235,717$0$20,448,394
80$43,294,746$65,530$0$22,396,131
81$47,523,349$0$0$24,540,461
82$52,177,364$0$0$26,931,530
83$57,299,998$0$0$29,581,810
84$62,938,857$0$0$32,499,373
85$69,146,399$0$0$35,711,383
86$75,980,426$0$0$39,247,776
87$83,504,628$0$0$43,141,537
88$91,789,186$0$0$47,429,012
89$100,911,432$0$0$52,150,251
90$110,956,578$0$0$57,349,387
91$122,018,524$0$0$63,075,048
92$134,200,736$0$0$69,380,821
93$147,617,228$0$0$76,325,755
94$162,393,634$0$0$83,974,916
95$178,668,397$0$0$92,400,007
96$196,594,069$0$0$101,680,035
97$216,338,757$0$0$111,902,066
98$238,087,705$0$0$123,162,041
99$262,045,040$0$0$135,565,680
100$288,435,704$0$0$149,229,486