Can I retire at age 40 with 1,510,000?

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 $1,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$124,694$123,584$122,500$121,442$120,410$116,230
2 years$61,730$60,580$59,466$58,386$57,338$53,170
3 years$40,744$39,590$38,478$37,408$36,377$32,353
4 years$30,254$29,103$28,002$26,951$25,945$22,093
5 years$23,961$22,817$21,731$20,701$19,723$16,055
6 years$19,767$18,632$17,562$16,554$15,606$12,125
7 years$16,773$15,647$14,594$13,610$12,692$9,397
8 years$14,528$13,412$12,377$11,417$10,529$7,418
9 years$12,783$11,678$10,660$9,725$8,867$5,935
10 years$11,388$10,293$9,294$8,383$7,555$4,798
11 years$10,247$9,164$8,182$7,296$6,498$3,909
12 years$9,297$8,225$7,261$6,399$5,631$3,205
13 years$8,494$7,433$6,488$5,650$4,910$2,641
14 years$7,806$6,756$5,829$5,015$4,304$2,185
15 years$7,211$6,172$5,263$4,473$3,790$1,814
16 years$6,690$5,663$4,772$4,005$3,349$1,509
17 years$6,231$5,215$4,342$3,598$2,970$1,259
18 years$5,823$4,819$3,964$3,243$2,641$1,052
19 years$5,459$4,466$3,629$2,930$2,354$880
20 years$5,132$4,150$3,330$2,654$2,102$737
21 years$4,836$3,866$3,063$2,408$1,881$618
22 years$4,568$3,608$2,823$2,190$1,686$519
23 years$4,323$3,375$2,607$1,994$1,514$436
24 years$4,099$3,162$2,411$1,819$1,361$367
25 years$3,893$2,967$2,233$1,661$1,224$308
26 years$3,703$2,789$2,071$1,519$1,103$259
27 years$3,528$2,625$1,923$1,390$994$218
28 years$3,365$2,473$1,788$1,274$897$184
29 years$3,214$2,333$1,664$1,168$810$155
30 years$3,074$2,204$1,549$1,072$732$130
31 years$2,942$2,083$1,445$985$662$110
32 years$2,819$1,971$1,348$905$599$92
33 years$2,704$1,867$1,258$832$542$78
34 years$2,596$1,769$1,176$766$491$66
35 years$2,494$1,678$1,099$705$444$55
36 years$2,398$1,593$1,028$649$403$47
37 years$2,308$1,513$963$598$365$39
38 years$2,222$1,438$901$551$331$33
39 years$2,141$1,367$844$508$300$28
40 years$2,064$1,301$792$469$272$24
41 years$1,992$1,238$742$433$247$20
42 years$1,922$1,179$696$399$224$17
43 years$1,857$1,123$653$368$203$14
44 years$1,794$1,071$613$340$184$12
45 years$1,734$1,021$576$314$167$10
46 years$1,678$974$541$290$152$8
47 years$1,623$930$508$268$138$7
48 years$1,571$887$477$248$125$6
49 years$1,522$847$449$229$114$5
50 years$1,474$809$422$212$103$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,510,000, adding $4,000 every year, while hoping to spend $31,432 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: 67/7/26 Blend
39$1,510,000$1,510,000$1,510,000$1,510,000
40$1,668,146$1,588,116$1,564,711$1,768,396
41$1,804,853$1,632,490$1,583,685$1,880,713
42$1,954,452$1,677,985$1,602,242$1,999,579
43$2,118,222$1,724,623$1,620,334$2,128,871
44$2,297,576$1,772,425$1,637,910$2,269,619
45$2,494,069$1,821,414$1,654,920$2,422,958
46$2,709,410$1,871,610$1,671,306$2,590,138
47$2,945,487$1,923,035$1,687,012$2,772,538
48$3,204,374$1,975,712$1,701,974$2,971,676
49$3,488,359$2,029,660$1,716,129$3,189,224
50$3,799,961$2,084,902$1,729,408$3,427,025
51$4,141,953$2,141,458$1,741,739$3,687,110
52$4,517,391$2,199,349$1,753,047$3,971,716
53$4,929,643$2,258,595$1,763,252$4,283,310
54$5,382,416$2,319,216$1,772,270$4,624,608
55$5,879,795$2,381,230$1,780,014$4,998,604
56$6,426,280$2,444,657$1,786,391$5,408,598
57$7,026,830$2,509,514$1,791,304$5,858,225
58$7,686,905$2,575,818$1,794,651$6,351,493
59$8,412,523$2,643,587$1,796,326$6,892,815
60$9,210,313$2,712,836$1,796,215$7,487,059
61$10,087,579$2,783,578$1,794,202$8,139,586
62$11,052,367$2,855,828$1,790,163$8,856,305
63$12,113,542$2,929,598$1,783,967$9,643,728
64$13,280,873$3,004,899$1,775,480$10,509,032
65$14,565,123$3,081,739$1,764,559$11,460,125
66$15,978,148$3,160,126$1,751,054$12,505,724
67$17,533,014$3,240,068$1,734,809$13,655,433
68$19,244,117$3,321,566$1,715,661$14,919,837
69$21,127,318$3,404,625$1,693,437$16,310,604
70$23,200,096$3,489,243$1,667,959$17,840,587
71$25,481,707$3,575,417$1,639,037$19,523,957
72$27,993,372$3,663,143$1,606,475$21,376,327
73$30,758,471$3,752,412$1,570,067$23,414,903
74$33,802,768$3,843,214$1,529,598$25,658,652
75$37,154,652$3,935,533$1,484,841$28,128,470
76$40,845,404$4,029,351$1,435,561$30,847,390
77$44,909,494$4,124,648$1,381,510$33,840,795
78$49,384,903$4,221,397$1,322,432$37,136,657
79$54,313,486$4,319,567$1,258,055$40,765,803
80$59,741,360$4,419,125$1,188,099$44,762,208
81$65,719,346$4,520,029$1,112,268$49,163,311
82$72,303,445$4,622,236$1,030,254$54,010,375
83$79,555,364$4,725,693$941,735$59,348,870
84$87,543,103$4,830,345$846,376$65,228,910
85$96,341,595$4,936,127$743,824$71,705,721
86$106,033,409$5,042,968$633,714$78,840,165
87$116,709,534$5,150,791$515,661$86,699,313
88$128,470,238$5,259,511$389,266$95,357,083
89$141,426,007$5,369,032$254,112$104,894,935
90$155,698,596$5,479,251$109,761$115,402,639
91$171,422,175$5,590,056$0$126,979,128
92$188,744,591$5,701,324$0$139,745,715
93$207,828,771$5,812,920$0$153,843,558
94$228,854,252$5,924,700$0$169,374,726
95$252,018,882$6,036,506$0$186,485,282
96$277,540,680$6,148,167$0$205,336,188
97$305,659,902$6,259,500$0$226,104,817
98$336,641,302$6,370,305$0$248,986,635
99$370,776,634$6,480,369$0$274,197,036
100$408,387,404$6,589,460$0$301,973,384