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%15%
1 years$124,694$123,584$122,500$121,442$120,410$117,930
2 years$61,730$60,580$59,466$58,386$57,338$54,851
3 years$40,744$39,590$38,478$37,408$36,377$33,961
4 years$30,254$29,103$28,002$26,951$25,945$23,617
5 years$23,961$22,817$21,731$20,701$19,723$17,491
6 years$19,767$18,632$17,562$16,554$15,606$13,472
7 years$16,773$15,647$14,594$13,610$12,692$10,656
8 years$14,528$13,412$12,377$11,417$10,529$8,591
9 years$12,783$11,678$10,660$9,725$8,867$7,026
10 years$11,388$10,293$9,294$8,383$7,555$5,808
11 years$10,247$9,164$8,182$7,296$6,498$4,843
12 years$9,297$8,225$7,261$6,399$5,631$4,066
13 years$8,494$7,433$6,488$5,650$4,910$3,433
14 years$7,806$6,756$5,829$5,015$4,304$2,912
15 years$7,211$6,172$5,263$4,473$3,790$2,479
16 years$6,690$5,663$4,772$4,005$3,349$2,117
17 years$6,231$5,215$4,342$3,598$2,970$1,812
18 years$5,823$4,819$3,964$3,243$2,641$1,555
19 years$5,459$4,466$3,629$2,930$2,354$1,337
20 years$5,132$4,150$3,330$2,654$2,102$1,151
21 years$4,836$3,866$3,063$2,408$1,881$993
22 years$4,568$3,608$2,823$2,190$1,686$857
23 years$4,323$3,375$2,607$1,994$1,514$740
24 years$4,099$3,162$2,411$1,819$1,361$640
25 years$3,893$2,967$2,233$1,661$1,224$554
26 years$3,703$2,789$2,071$1,519$1,103$480
27 years$3,528$2,625$1,923$1,390$994$416
28 years$3,365$2,473$1,788$1,274$897$361
29 years$3,214$2,333$1,664$1,168$810$313
30 years$3,074$2,204$1,549$1,072$732$271
31 years$2,942$2,083$1,445$985$662$235
32 years$2,819$1,971$1,348$905$599$204
33 years$2,704$1,867$1,258$832$542$177
34 years$2,596$1,769$1,176$766$491$154
35 years$2,494$1,678$1,099$705$444$134
36 years$2,398$1,593$1,028$649$403$116
37 years$2,308$1,513$963$598$365$101
38 years$2,222$1,438$901$551$331$88
39 years$2,141$1,367$844$508$300$76
40 years$2,064$1,301$792$469$272$66
41 years$1,992$1,238$742$433$247$58
42 years$1,922$1,179$696$399$224$50
43 years$1,857$1,123$653$368$203$44
44 years$1,794$1,071$613$340$184$38
45 years$1,734$1,021$576$314$167$33
46 years$1,678$974$541$290$152$29
47 years$1,623$930$508$268$138$25
48 years$1,571$887$477$248$125$22
49 years$1,522$847$449$229$114$19
50 years$1,474$809$422$212$103$16

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 $6,133 every year, while hoping to spend $27,831 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: 49/32/19 Blend
39$1,510,000$1,510,000$1,510,000$1,510,000
40$1,670,346$1,590,316$1,566,911$1,743,022
41$1,811,110$1,638,630$1,589,791$1,842,330
42$1,965,298$1,688,378$1,612,504$1,946,816
43$2,134,251$1,739,601$1,635,016$2,059,732
44$2,319,446$1,792,343$1,657,290$2,181,882
45$2,522,506$1,846,644$1,679,286$2,314,152
46$2,745,223$1,902,551$1,700,963$2,457,514
47$2,989,567$1,960,107$1,722,277$2,613,039
48$3,257,711$2,019,361$1,743,181$2,781,907
49$3,552,047$2,080,359$1,763,627$2,965,417
50$3,875,209$2,143,150$1,783,562$3,164,997
51$4,230,101$2,207,785$1,802,932$3,382,220
52$4,619,920$2,274,315$1,821,679$3,618,820
53$5,048,189$2,342,793$1,839,742$3,876,705
54$5,518,787$2,413,273$1,857,056$4,157,975
55$6,035,991$2,485,811$1,873,555$4,464,944
56$6,604,509$2,560,463$1,889,167$4,800,162
57$7,229,531$2,637,288$1,903,816$5,166,433
58$7,916,773$2,716,345$1,917,424$5,566,850
59$8,672,534$2,797,696$1,929,907$6,004,819
60$9,503,752$2,881,402$1,941,178$6,484,089
61$10,418,073$2,967,529$1,951,146$7,008,794
62$11,423,920$3,056,141$1,959,713$7,583,483
63$12,530,574$3,147,307$1,966,778$8,213,173
64$13,748,261$3,241,094$1,972,234$8,903,387
65$15,088,250$3,337,573$1,975,969$9,660,210
66$16,562,953$3,436,816$1,977,866$10,490,348
67$18,186,051$3,538,896$1,977,801$11,401,188
68$19,972,615$3,643,889$1,975,644$12,400,868
69$21,939,254$3,751,872$1,971,261$13,498,356
70$24,104,268$3,862,924$1,964,508$14,703,532
71$26,487,819$3,977,123$1,955,235$16,027,281
72$29,112,128$4,094,554$1,943,287$17,481,599
73$32,001,677$4,215,299$1,928,499$19,079,701
74$35,183,444$4,339,444$1,910,699$20,836,150
75$38,687,154$4,467,076$1,889,707$22,766,992
76$42,545,566$4,598,285$1,865,334$24,889,908
77$46,794,774$4,733,161$1,837,383$27,224,381
78$51,474,552$4,871,797$1,805,647$29,791,879
79$56,628,730$5,014,288$1,769,908$32,616,056
80$62,305,602$5,160,730$1,729,942$35,722,982
81$68,558,388$5,311,220$1,685,510$39,141,378
82$75,445,733$5,465,860$1,636,364$42,902,898
83$83,032,261$5,624,750$1,582,246$47,042,420
84$91,389,183$5,787,995$1,522,883$51,598,379
85$100,594,972$5,955,698$1,457,991$56,613,129
86$110,736,100$6,127,968$1,387,275$62,133,339
87$121,907,857$6,304,914$1,310,423$68,210,442
88$134,215,249$6,486,644$1,227,112$74,901,111
89$147,773,987$6,673,273$1,137,003$82,267,800
90$162,711,583$6,864,913$1,039,743$90,379,332
91$179,168,550$7,061,680$934,960$99,311,548
92$197,299,731$7,263,690$822,269$109,148,021
93$217,275,755$7,471,063$701,267$119,980,852
94$239,284,655$7,683,917$571,532$131,911,530
95$263,533,635$7,902,375$432,624$145,051,898
96$290,251,033$8,126,559$284,085$159,525,203
97$319,688,470$8,356,592$125,433$175,467,264
98$352,123,229$8,592,599$0$193,027,752
99$387,860,868$8,834,706$0$212,380,498
100$427,238,111$9,083,041$0$233,726,081