Can I retire at age 40 with 1,490,000?

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 $1,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$123,043$121,947$120,878$119,834$118,815$116,226
2 years$60,912$59,778$58,678$57,612$56,578$53,983
3 years$40,205$39,065$37,969$36,913$35,896$33,375
4 years$29,853$28,717$27,632$26,594$25,601$23,175
5 years$23,644$22,515$21,443$20,426$19,462$17,136
6 years$19,505$18,385$17,329$16,335$15,399$13,177
7 years$16,551$15,440$14,401$13,430$12,524$10,405
8 years$14,336$13,235$12,213$11,266$10,390$8,374
9 years$12,614$11,523$10,519$9,596$8,750$6,836
10 years$11,237$10,157$9,171$8,272$7,455$5,641
11 years$10,111$9,042$8,074$7,199$6,412$4,695
12 years$9,174$8,116$7,165$6,315$5,556$3,934
13 years$8,381$7,334$6,402$5,575$4,845$3,315
14 years$7,703$6,667$5,752$4,949$4,247$2,805
15 years$7,115$6,090$5,193$4,413$3,740$2,383
16 years$6,601$5,588$4,708$3,952$3,305$2,031
17 years$6,148$5,146$4,284$3,551$2,930$1,735
18 years$5,746$4,755$3,911$3,200$2,606$1,486
19 years$5,387$4,407$3,580$2,891$2,322$1,274
20 years$5,064$4,095$3,286$2,619$2,074$1,095
21 years$4,772$3,815$3,022$2,377$1,856$942
22 years$4,507$3,561$2,786$2,161$1,664$811
23 years$4,266$3,330$2,572$1,968$1,494$699
24 years$4,045$3,120$2,379$1,795$1,343$603
25 years$3,841$2,928$2,203$1,639$1,208$521
26 years$3,654$2,752$2,043$1,499$1,088$450
27 years$3,481$2,590$1,897$1,372$981$389
28 years$3,321$2,441$1,764$1,257$885$336
29 years$3,172$2,302$1,641$1,153$799$291
30 years$3,033$2,174$1,529$1,058$722$252
31 years$2,903$2,055$1,425$972$653$218
32 years$2,782$1,945$1,330$893$591$189
33 years$2,668$1,842$1,242$821$535$164
34 years$2,562$1,746$1,160$755$484$142
35 years$2,461$1,656$1,085$695$438$123
36 years$2,366$1,572$1,015$640$397$106
37 years$2,277$1,493$950$590$360$92
38 years$2,193$1,418$889$544$326$80
39 years$2,113$1,349$833$502$296$69
40 years$2,037$1,283$781$463$268$60
41 years$1,965$1,222$732$427$244$52
42 years$1,897$1,163$687$394$221$45
43 years$1,832$1,108$645$364$201$39
44 years$1,770$1,057$605$336$182$34
45 years$1,711$1,008$568$310$165$29
46 years$1,655$961$534$286$150$25
47 years$1,602$917$501$265$136$22
48 years$1,551$876$471$244$124$19
49 years$1,502$836$443$226$112$17
50 years$1,455$799$416$209$102$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,490,000, adding $2,936 every year, while hoping to spend $31,022 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: 79/10/11 Blend
39$1,490,000$1,490,000$1,490,000$1,490,000
40$1,645,008$1,566,038$1,542,943$1,771,528
41$1,779,792$1,609,767$1,561,625$1,898,792
42$1,927,284$1,654,599$1,579,892$2,034,068
43$2,088,748$1,700,555$1,597,699$2,181,576
44$2,265,574$1,747,656$1,614,997$2,342,524
45$2,459,296$1,795,925$1,631,732$2,518,242
46$2,671,601$1,845,381$1,647,852$2,710,195
47$2,904,346$1,896,047$1,663,297$2,919,998
48$3,159,579$1,947,943$1,678,007$3,149,426
49$3,439,554$2,001,090$1,691,918$3,400,439
50$3,746,754$2,055,509$1,704,963$3,675,191
51$4,083,913$2,111,220$1,717,070$3,976,059
52$4,454,046$2,168,243$1,728,165$4,305,658
53$4,860,469$2,226,597$1,738,169$4,666,871
54$5,306,839$2,286,303$1,747,000$5,062,873
55$5,797,183$2,347,378$1,754,570$5,497,163
56$6,335,936$2,409,840$1,760,789$5,973,593
57$6,927,987$2,473,708$1,765,561$6,496,411
58$7,578,720$2,538,997$1,768,785$7,070,293
59$8,294,065$2,605,724$1,770,356$7,700,394
60$9,080,559$2,673,904$1,770,162$8,392,392
61$9,945,401$2,743,550$1,768,087$9,152,543
62$10,896,523$2,814,675$1,764,009$9,987,741
63$11,942,666$2,887,291$1,757,801$10,905,581
64$13,093,458$2,961,409$1,749,327$11,914,433
65$14,359,509$3,037,036$1,738,448$13,023,517
66$15,752,509$3,114,181$1,725,016$14,242,995
67$17,285,337$3,192,848$1,708,876$15,584,063
68$18,972,184$3,273,041$1,689,867$17,059,058
69$20,828,688$3,354,761$1,667,819$18,681,574
70$22,872,078$3,438,008$1,642,554$20,466,589
71$25,121,338$3,522,778$1,613,888$22,430,611
72$27,597,386$3,609,066$1,581,624$24,591,828
73$30,323,271$3,696,862$1,545,561$26,970,281
74$33,324,392$3,786,155$1,505,484$29,588,058
75$36,628,734$3,876,931$1,461,172$32,469,494
76$40,267,134$3,969,170$1,412,390$35,641,409
77$44,273,572$4,062,850$1,358,896$39,133,354
78$48,685,492$4,157,944$1,300,434$42,977,895
79$53,544,151$4,254,423$1,236,738$47,210,919
80$58,895,016$4,352,251$1,167,530$51,871,970
81$64,788,183$4,451,387$1,092,518$57,004,626
82$71,278,859$4,551,786$1,011,398$62,656,909
83$78,427,875$4,653,396$923,853$68,881,736
84$86,302,267$4,756,161$829,550$75,737,424
85$94,975,900$4,860,015$728,142$83,288,233
86$104,530,175$4,964,888$619,268$91,604,980
87$115,054,787$5,070,703$502,548$100,765,703
88$126,648,580$5,177,372$377,588$110,856,396
89$139,420,473$5,284,801$243,975$121,971,829
90$153,490,492$5,392,887$101,279$134,216,433
91$168,990,901$5,501,517$0$147,705,291
92$186,067,449$5,610,567$0$162,571,212
93$204,880,749$5,719,905$0$178,961,040
94$225,607,789$5,829,384$0$197,016,944
95$248,443,608$5,938,848$0$216,908,701
96$273,603,130$6,048,126$0$238,823,406
97$301,323,200$6,157,034$0$262,967,228
98$331,864,811$6,265,374$0$289,567,364
99$365,515,577$6,372,933$0$318,874,181
100$402,592,438$6,479,478$0$351,163,577