Can I retire at age 40 with 1,570,000?

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 $1,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$129,649$128,494$127,368$126,268$125,194$121,284
2 years$64,183$62,987$61,829$60,706$59,616$55,711
3 years$42,363$41,163$40,007$38,895$37,823$34,046
4 years$31,456$30,259$29,115$28,021$26,976$23,356
5 years$24,913$23,724$22,595$21,523$20,506$17,053
6 years$20,553$19,372$18,260$17,212$16,226$12,943
7 years$17,439$16,269$15,174$14,151$13,196$10,082
8 years$15,105$13,945$12,869$11,871$10,947$8,001
9 years$13,291$12,142$11,084$10,111$9,219$6,437
10 years$11,840$10,702$9,663$8,716$7,855$5,233
11 years$10,654$9,528$8,507$7,586$6,756$4,289
12 years$9,667$8,552$7,550$6,654$5,854$3,538
13 years$8,831$7,728$6,745$5,874$5,105$2,933
14 years$8,116$7,025$6,061$5,214$4,475$2,442
15 years$7,497$6,417$5,472$4,650$3,940$2,040
16 years$6,956$5,888$4,961$4,164$3,482$1,708
17 years$6,479$5,422$4,515$3,741$3,088$1,434
18 years$6,055$5,010$4,121$3,372$2,746$1,207
19 years$5,676$4,644$3,773$3,047$2,447$1,017
20 years$5,336$4,315$3,462$2,759$2,186$858
21 years$5,028$4,019$3,185$2,504$1,956$724
22 years$4,749$3,752$2,935$2,277$1,753$612
23 years$4,495$3,509$2,710$2,074$1,574$518
24 years$4,262$3,288$2,506$1,891$1,415$438
25 years$4,048$3,085$2,321$1,727$1,273$371
26 years$3,850$2,900$2,153$1,579$1,147$315
27 years$3,668$2,729$1,999$1,446$1,034$267
28 years$3,499$2,572$1,859$1,324$933$226
29 years$3,342$2,426$1,730$1,215$842$192
30 years$3,196$2,291$1,611$1,115$761$163
31 years$3,059$2,166$1,502$1,024$688$138
32 years$2,931$2,049$1,401$941$622$117
33 years$2,812$1,941$1,308$865$563$100
34 years$2,699$1,839$1,223$796$510$85
35 years$2,593$1,745$1,143$733$462$72
36 years$2,494$1,656$1,069$675$419$61
37 years$2,399$1,573$1,001$622$379$52
38 years$2,310$1,495$937$573$344$44
39 years$2,226$1,421$878$528$312$37
40 years$2,146$1,352$823$487$283$32
41 years$2,071$1,287$772$450$257$27
42 years$1,999$1,226$724$415$233$23
43 years$1,930$1,168$679$383$211$19
44 years$1,865$1,113$638$354$192$17
45 years$1,803$1,062$599$327$174$14
46 years$1,744$1,013$562$302$158$12
47 years$1,688$967$528$279$144$10
48 years$1,634$923$496$258$130$9
49 years$1,582$881$467$238$118$7
50 years$1,533$842$439$220$108$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,570,000, adding $3,078 every year, while hoping to spend $35,988 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: 30/48/22 Blend
39$1,570,000$1,570,000$1,570,000$1,570,000
40$1,733,315$1,650,105$1,625,770$1,773,351
41$1,871,822$1,692,669$1,641,942$1,846,800
42$2,023,251$1,736,113$1,657,450$1,922,337
43$2,188,881$1,780,441$1,672,234$2,002,853
44$2,370,122$1,825,658$1,686,229$2,088,800
45$2,568,527$1,871,767$1,699,369$2,180,678
46$2,785,802$1,918,770$1,711,584$2,279,037
47$3,023,832$1,966,667$1,722,800$2,384,484
48$3,284,687$2,015,458$1,732,938$2,497,685
49$3,570,652$2,065,142$1,741,918$2,619,375
50$3,884,239$2,115,714$1,749,652$2,750,365
51$4,228,217$2,167,170$1,756,052$2,891,546
52$4,605,636$2,219,503$1,761,020$3,043,902
53$5,019,855$2,272,703$1,764,459$3,208,517
54$5,474,575$2,326,760$1,766,263$3,386,583
55$5,973,871$2,381,660$1,766,322$3,579,419
56$6,522,233$2,437,389$1,764,521$3,788,473
57$7,124,608$2,493,928$1,760,740$4,015,345
58$7,786,443$2,551,256$1,754,850$4,261,796
59$8,513,743$2,609,350$1,746,720$4,529,769
60$9,313,119$2,668,182$1,736,209$4,821,406
61$10,191,857$2,727,723$1,723,172$5,139,066
62$11,157,983$2,787,938$1,707,455$5,485,352
63$12,220,341$2,848,791$1,688,898$5,863,131
64$13,388,673$2,910,239$1,667,334$6,275,565
65$14,673,714$2,972,236$1,642,585$6,726,141
66$16,087,289$3,034,733$1,614,469$7,218,700
67$17,642,430$3,097,672$1,582,791$7,757,480
68$19,353,494$3,160,994$1,547,351$8,347,150
69$21,236,300$3,224,633$1,507,937$8,992,859
70$23,308,278$3,288,515$1,464,328$9,700,282
71$25,588,633$3,352,562$1,416,293$10,475,677
72$28,098,526$3,416,690$1,363,591$11,325,942
73$30,861,272$3,480,805$1,305,968$12,258,682
74$33,902,566$3,544,808$1,243,162$13,282,280
75$37,250,714$3,608,590$1,174,894$14,405,978
76$40,936,911$3,672,036$1,100,878$15,639,964
77$44,995,529$3,735,018$1,020,810$16,995,471
78$49,464,443$3,797,404$934,377$18,484,880
79$54,385,385$3,859,046$841,248$20,121,841
80$59,804,344$3,919,789$741,080$21,921,400
81$65,771,994$3,979,466$633,513$23,900,144
82$72,344,174$4,037,896$518,172$26,076,359
83$79,582,415$4,094,887$394,665$28,470,201
84$87,554,519$4,150,234$262,584$31,103,888
85$96,335,200$4,203,716$121,501$34,001,914
86$106,006,790$4,255,098$0$37,191,277
87$116,660,012$4,304,127$0$40,708,561
88$128,394,839$4,350,535$0$44,610,629
89$141,321,437$4,394,036$0$48,905,206
90$155,561,203$4,434,323$0$53,632,272
91$171,247,912$4,471,071$0$58,835,887
92$188,528,979$4,503,934$0$64,564,611
93$207,566,848$4,532,540$0$70,871,961
94$228,540,530$4,556,498$0$77,816,920
95$251,647,286$4,575,388$0$85,464,490
96$277,104,493$4,588,765$0$93,886,310
97$305,151,694$4,596,158$0$103,161,336
98$336,052,860$4,597,063$0$113,376,581
99$370,098,880$4,590,947$0$124,627,943
100$407,610,305$4,577,242$0$137,021,111