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

Use the below retirement simulation to view the chances of a successful retirement.
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%11.8%
1 years$119,740$118,673$117,632$116,617$115,625$114,752
2 years$59,277$58,173$57,103$56,066$55,060$54,179
3 years$39,125$38,017$36,950$35,922$34,932$34,072
4 years$29,052$27,946$26,890$25,880$24,914$24,081
5 years$23,009$21,910$20,868$19,878$18,939$18,135
6 years$18,982$17,891$16,864$15,897$14,986$14,212
7 years$16,106$15,025$14,014$13,070$12,188$11,444
8 years$13,951$12,879$11,885$10,964$10,111$9,398
9 years$12,275$11,214$10,237$9,339$8,515$7,832
10 years$10,935$9,884$8,925$8,050$7,255$6,603
11 years$9,840$8,799$7,857$7,006$6,239$5,617
12 years$8,928$7,898$6,973$6,145$5,407$4,813
13 years$8,156$7,137$6,230$5,425$4,715$4,149
14 years$7,496$6,488$5,598$4,816$4,133$3,595
15 years$6,924$5,927$5,054$4,295$3,639$3,128
16 years$6,424$5,438$4,582$3,846$3,216$2,731
17 years$5,983$5,008$4,169$3,455$2,852$2,392
18 years$5,592$4,627$3,806$3,114$2,536$2,100
19 years$5,242$4,289$3,484$2,814$2,260$1,849
20 years$4,928$3,985$3,198$2,548$2,019$1,630
21 years$4,644$3,712$2,941$2,313$1,807$1,440
22 years$4,386$3,465$2,711$2,103$1,619$1,273
23 years$4,151$3,241$2,503$1,915$1,454$1,128
24 years$3,936$3,036$2,315$1,747$1,307$1,000
25 years$3,738$2,850$2,144$1,595$1,176$888
26 years$3,556$2,678$1,989$1,459$1,059$788
27 years$3,388$2,520$1,846$1,335$955$701
28 years$3,232$2,375$1,717$1,223$862$623
29 years$3,087$2,241$1,597$1,122$778$555
30 years$2,952$2,116$1,488$1,029$703$494
31 years$2,825$2,000$1,387$945$635$440
32 years$2,707$1,893$1,294$869$575$393
33 years$2,597$1,792$1,208$799$520$350
34 years$2,493$1,699$1,129$735$471$312
35 years$2,395$1,611$1,056$677$427$279
36 years$2,303$1,529$988$623$387$249
37 years$2,216$1,453$924$574$350$222
38 years$2,134$1,380$866$529$318$198
39 years$2,056$1,313$811$488$288$177
40 years$1,982$1,249$760$450$261$158
41 years$1,912$1,189$713$415$237$141
42 years$1,846$1,132$669$383$215$126
43 years$1,783$1,079$627$354$195$113
44 years$1,723$1,028$589$327$177$101
45 years$1,666$981$553$302$161$90
46 years$1,611$935$519$279$146$81
47 years$1,559$893$488$257$133$72
48 years$1,509$852$458$238$120$64
49 years$1,461$814$431$220$109$58
50 years$1,416$777$405$203$99$51

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 $6,685 every year, while hoping to spend $47,213 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: 63/20/17 Blend
39$1,450,000$1,450,000$1,450,000$1,450,000
40$1,604,796$1,527,946$1,505,471$1,698,662
41$1,718,250$1,552,581$1,505,670$1,787,189
42$1,841,695$1,576,840$1,504,293$1,877,866
43$1,976,099$1,600,657$1,501,238$1,975,767
44$2,122,529$1,623,956$1,496,397$2,081,600
45$2,282,158$1,646,661$1,489,657$2,196,141
46$2,456,277$1,668,687$1,480,900$2,320,251
47$2,646,309$1,689,944$1,470,002$2,454,875
48$2,853,818$1,710,337$1,456,832$2,601,057
49$3,080,527$1,729,763$1,441,256$2,759,947
50$3,328,333$1,748,113$1,423,129$2,932,816
51$3,599,323$1,765,270$1,402,304$3,121,060
52$3,895,795$1,781,111$1,378,623$3,326,224
53$4,220,283$1,795,501$1,351,923$3,550,009
54$4,575,572$1,808,301$1,322,033$3,794,289
55$4,964,733$1,819,360$1,288,773$4,061,133
56$5,391,145$1,828,518$1,251,957$4,352,821
57$5,858,531$1,835,606$1,211,387$4,671,869
58$6,370,992$1,840,441$1,166,859$5,021,049
59$6,933,043$1,842,832$1,118,159$5,403,417
60$7,549,658$1,842,575$1,065,061$5,822,346
61$8,226,315$1,839,453$1,007,333$6,281,552
62$8,969,049$1,833,236$944,728$6,785,133
63$9,784,506$1,823,679$876,991$7,337,608
64$10,680,009$1,810,523$803,854$7,943,960
65$11,663,625$1,793,494$725,037$8,609,682
66$12,744,238$1,772,298$640,250$9,340,831
67$13,931,638$1,746,629$549,186$10,144,084
68$15,236,609$1,716,157$451,527$11,026,805
69$16,671,031$1,680,536$346,941$11,997,110
70$18,247,993$1,639,400$235,080$13,063,948
71$19,981,915$1,592,357$115,583$14,237,187
72$21,888,685$1,538,998$0$15,527,703
73$23,985,807$1,478,885$0$16,949,654
74$26,292,567$1,411,557$0$18,536,610
75$28,830,212$1,336,527$0$20,282,232
76$31,622,156$1,253,279$0$22,202,666
77$34,694,192$1,161,266$0$24,315,704
78$38,074,743$1,059,911$0$26,640,957
79$41,795,125$948,605$0$29,200,039
80$45,889,844$826,703$0$32,016,771
81$50,396,920$693,524$0$35,117,404
82$55,358,247$548,347$0$38,530,871
83$60,819,986$390,414$0$42,289,062
84$66,833,001$218,920$0$46,427,120
85$73,453,338$33,019$0$50,983,778
86$80,742,757$0$0$56,001,722
87$88,769,307$0$0$61,565,015
88$97,607,975$0$0$67,699,333
89$107,341,389$0$0$74,454,775
90$118,060,600$0$0$81,894,551
91$129,865,937$0$0$90,088,313
92$142,867,959$0$0$99,112,816
93$157,188,491$0$0$109,052,635
94$172,961,779$0$0$120,000,971
95$190,335,755$0$0$132,060,524
96$209,473,430$0$0$145,344,465
97$230,554,436$0$0$159,977,500
98$253,776,718$0$0$176,097,054
99$279,358,404$0$0$193,854,561
100$307,539,860$0$0$213,416,896