Can I retire at age 40 with 1,530,000?

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 $1,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$126,346$125,221$124,123$123,051$122,004$117,816
2 years$62,548$61,383$60,254$59,159$58,097$53,920
3 years$41,284$40,114$38,988$37,904$36,859$32,825
4 years$30,655$29,488$28,373$27,308$26,288$22,427
5 years$24,278$23,119$22,019$20,975$19,984$16,307
6 years$20,029$18,878$17,795$16,774$15,813$12,322
7 years$16,995$15,854$14,787$13,791$12,860$9,555
8 years$14,721$13,590$12,541$11,569$10,669$7,547
9 years$12,952$11,832$10,801$9,854$8,984$6,042
10 years$11,539$10,430$9,417$8,494$7,655$4,887
11 years$10,383$9,285$8,291$7,392$6,584$3,985
12 years$9,420$8,334$7,358$6,484$5,705$3,269
13 years$8,606$7,531$6,574$5,725$4,975$2,696
14 years$7,910$6,846$5,906$5,082$4,361$2,232
15 years$7,306$6,254$5,333$4,532$3,840$1,854
16 years$6,778$5,738$4,835$4,058$3,394$1,544
17 years$6,313$5,284$4,399$3,646$3,009$1,289
18 years$5,901$4,883$4,016$3,286$2,676$1,077
19 years$5,532$4,525$3,677$2,969$2,385$902
20 years$5,200$4,205$3,374$2,689$2,130$757
21 years$4,900$3,917$3,104$2,440$1,906$635
22 years$4,628$3,656$2,860$2,219$1,709$533
23 years$4,380$3,420$2,641$2,021$1,534$448
24 years$4,153$3,204$2,443$1,843$1,379$377
25 years$3,945$3,007$2,262$1,683$1,241$317
26 years$3,752$2,826$2,098$1,539$1,117$267
27 years$3,575$2,660$1,948$1,409$1,007$225
28 years$3,410$2,506$1,811$1,291$909$190
29 years$3,257$2,364$1,686$1,184$821$160
30 years$3,114$2,233$1,570$1,086$742$135
31 years$2,981$2,111$1,464$998$671$114
32 years$2,857$1,997$1,366$917$607$96
33 years$2,740$1,891$1,275$843$549$81
34 years$2,630$1,793$1,191$776$497$68
35 years$2,527$1,700$1,114$714$450$57
36 years$2,430$1,614$1,042$658$408$48
37 years$2,338$1,533$975$606$370$41
38 years$2,252$1,457$913$559$335$34
39 years$2,170$1,385$856$515$304$29
40 years$2,092$1,318$802$475$276$25
41 years$2,018$1,254$752$438$250$21
42 years$1,948$1,195$705$404$227$17
43 years$1,881$1,138$662$373$206$15
44 years$1,818$1,085$621$345$187$12
45 years$1,757$1,035$583$318$170$11
46 years$1,700$987$548$294$154$9
47 years$1,645$942$515$272$140$7
48 years$1,592$899$484$251$127$6
49 years$1,542$859$455$232$115$5
50 years$1,494$820$428$214$105$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,530,000, adding $6,556 every year, while hoping to spend $26,281 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: 51/32/17 Blend
39$1,530,000$1,530,000$1,530,000$1,530,000
40$1,692,823$1,611,733$1,588,018$1,770,937
41$1,837,528$1,662,745$1,613,253$1,876,370
42$1,996,112$1,715,376$1,638,454$1,987,657
43$2,169,963$1,769,677$1,663,590$2,108,076
44$2,360,610$1,825,702$1,688,631$2,238,498
45$2,569,736$1,883,505$1,713,544$2,379,882
46$2,799,196$1,943,143$1,738,294$2,533,285
47$3,051,032$2,004,675$1,762,845$2,699,866
48$3,327,494$2,068,162$1,787,158$2,880,904
49$3,631,062$2,133,664$1,811,190$3,077,805
50$3,964,464$2,201,248$1,834,899$3,292,119
51$4,330,709$2,270,979$1,858,238$3,525,549
52$4,733,109$2,342,925$1,881,157$3,779,972
53$5,175,316$2,417,158$1,903,605$4,057,454
54$5,661,350$2,493,750$1,925,527$4,360,271
55$6,195,641$2,572,777$1,946,866$4,690,926
56$6,783,069$2,654,316$1,967,559$5,052,180
57$7,429,013$2,738,449$1,987,543$5,447,069
58$8,139,397$2,825,257$2,006,750$5,878,939
59$8,920,747$2,914,826$2,025,108$6,351,475
60$9,780,256$3,007,245$2,042,542$6,868,735
61$10,725,846$3,102,605$2,058,971$7,435,190
62$11,766,249$3,200,999$2,074,314$8,055,762
63$12,911,084$3,302,525$2,088,480$8,735,875
64$14,170,949$3,407,284$2,101,379$9,481,504
65$15,557,523$3,515,378$2,112,912$10,299,229
66$17,083,673$3,626,914$2,122,978$11,196,301
67$18,763,578$3,742,003$2,131,468$12,180,707
68$20,612,861$3,860,759$2,138,269$13,261,244
69$22,648,735$3,983,298$2,143,264$14,447,607
70$24,890,169$4,109,743$2,146,327$15,750,475
71$27,358,065$4,240,219$2,147,327$17,181,615
72$30,075,452$4,374,854$2,146,127$18,753,988
73$33,067,709$4,513,783$2,142,583$20,481,879
74$36,362,800$4,657,143$2,136,545$22,381,022
75$39,991,540$4,805,077$2,127,852$24,468,758
76$43,987,882$4,957,731$2,116,340$26,764,188
77$48,389,243$5,115,257$2,101,835$29,288,362
78$53,236,852$5,277,811$2,084,153$32,064,472
79$58,576,143$5,445,556$2,063,104$35,118,075
80$64,457,180$5,618,658$2,038,488$38,477,327
81$70,935,129$5,797,289$2,010,094$42,173,255
82$78,070,784$5,981,628$1,977,704$46,240,047
83$85,931,134$6,171,858$1,941,087$50,715,375
84$94,589,999$6,368,169$1,900,004$55,640,747
85$104,128,727$6,570,756$1,854,201$61,061,905
86$114,636,956$6,779,823$1,803,416$67,029,251
87$126,213,469$6,995,577$1,747,374$73,598,321
88$138,967,117$7,218,235$1,685,786$80,830,317
89$153,017,854$7,448,020$1,618,350$88,792,676
90$168,497,863$7,685,160$1,544,753$97,559,710
91$185,552,807$7,929,895$1,464,664$107,213,306
92$204,343,202$8,182,468$1,377,738$117,843,700
93$225,045,933$8,443,134$1,283,618$129,550,327
94$247,855,925$8,712,154$1,181,925$142,442,761
95$272,987,977$8,989,798$1,072,268$156,641,745
96$300,678,798$9,276,345$954,236$172,280,335
97$331,189,233$9,572,083$827,400$189,505,155
98$364,806,730$9,877,311$691,314$208,477,777
99$401,848,052$10,192,334$545,508$229,376,249
100$442,662,266$10,517,471$389,495$252,396,776