Can I retire at age 40 with 1,610,000?

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 $1,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$132,952$131,768$130,613$129,485$128,384$125,998
2 years$65,818$64,592$63,404$62,252$61,135$58,740
3 years$43,443$42,212$41,027$39,886$38,787$36,457
4 years$32,257$31,030$29,857$28,735$27,663$25,417
5 years$25,548$24,328$23,170$22,072$21,029$18,873
6 years$21,076$19,866$18,725$17,651$16,639$14,576
7 years$17,884$16,683$15,561$14,512$13,532$11,562
8 years$15,490$14,300$13,197$12,173$11,226$9,349
9 years$13,630$12,451$11,366$10,369$9,454$7,668
10 years$12,142$10,975$9,909$8,938$8,055$6,359
11 years$10,926$9,770$8,724$7,779$6,928$5,319
12 years$9,913$8,769$7,742$6,823$6,004$4,480
13 years$9,056$7,925$6,917$6,024$5,235$3,795
14 years$8,323$7,204$6,215$5,347$4,589$3,230
15 years$7,688$6,581$5,611$4,769$4,041$2,759
16 years$7,133$6,038$5,088$4,270$3,571$2,364
17 years$6,644$5,560$4,630$3,837$3,166$2,032
18 years$6,209$5,138$4,226$3,458$2,815$1,750
19 years$5,821$4,762$3,869$3,124$2,509$1,510
20 years$5,472$4,425$3,551$2,830$2,242$1,305
21 years$5,157$4,122$3,266$2,568$2,006$1,129
22 years$4,870$3,847$3,010$2,335$1,798$979
23 years$4,609$3,598$2,779$2,126$1,614$849
24 years$4,370$3,372$2,570$1,939$1,451$737
25 years$4,151$3,164$2,381$1,771$1,305$641
26 years$3,949$2,974$2,208$1,619$1,176$557
27 years$3,762$2,799$2,050$1,482$1,060$485
28 years$3,588$2,637$1,906$1,358$957$422
29 years$3,427$2,488$1,774$1,245$864$367
30 years$3,277$2,349$1,652$1,143$780$320
31 years$3,137$2,221$1,540$1,050$706$279
32 years$3,006$2,102$1,437$965$638$243
33 years$2,883$1,990$1,342$887$578$212
34 years$2,768$1,886$1,254$816$523$185
35 years$2,659$1,789$1,172$751$474$161
36 years$2,557$1,698$1,096$692$429$141
37 years$2,461$1,613$1,026$638$389$123
38 years$2,369$1,533$961$588$353$107
39 years$2,283$1,457$900$542$320$93
40 years$2,201$1,387$844$500$290$82
41 years$2,123$1,320$791$461$263$71
42 years$2,050$1,257$742$426$239$62
43 years$1,980$1,198$697$393$217$54
44 years$1,913$1,142$654$363$197$47
45 years$1,849$1,089$614$335$179$41
46 years$1,789$1,039$577$309$162$36
47 years$1,731$991$542$286$147$32
48 years$1,675$946$509$264$134$28
49 years$1,623$904$479$244$121$24
50 years$1,572$863$450$226$110$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,610,000, adding $3,527 every year, while hoping to spend $27,035 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: 43/46/11 Blend
39$1,610,000$1,610,000$1,610,000$1,610,000
40$1,777,858$1,692,528$1,667,573$1,848,491
41$1,930,435$1,746,697$1,694,672$1,952,282
42$2,097,668$1,802,614$1,721,772$2,061,653
43$2,281,024$1,860,336$1,748,846$2,179,535
44$2,482,119$1,919,923$1,775,862$2,306,718
45$2,702,731$1,981,435$1,802,789$2,444,070
46$2,944,819$2,044,935$1,829,593$2,592,546
47$3,210,542$2,110,489$1,856,236$2,753,197
48$3,502,278$2,178,163$1,882,680$2,927,178
49$3,822,645$2,248,028$1,908,885$3,115,757
50$4,174,528$2,320,154$1,934,806$3,320,333
51$4,561,106$2,394,618$1,960,397$3,542,441
52$4,985,878$2,471,494$1,985,610$3,783,773
53$5,452,703$2,550,862$2,010,394$4,046,188
54$5,965,830$2,632,805$2,034,693$4,331,733
55$6,529,939$2,717,408$2,058,450$4,642,662
56$7,150,189$2,804,757$2,081,604$4,981,453
57$7,832,262$2,894,943$2,104,091$5,350,836
58$8,582,417$2,988,060$2,125,843$5,753,815
59$9,407,554$3,084,205$2,146,788$6,193,696
60$10,315,270$3,183,477$2,166,852$6,674,122
61$11,313,941$3,285,980$2,185,954$7,199,100
62$12,412,791$3,391,821$2,204,012$7,773,044
63$13,621,986$3,501,111$2,220,936$8,400,816
64$14,952,726$3,613,962$2,236,635$9,087,766
65$16,417,352$3,730,495$2,251,010$9,839,789
66$18,029,463$3,850,830$2,263,960$10,663,376
67$19,804,041$3,975,094$2,275,376$11,565,676
68$21,757,598$4,103,418$2,285,145$12,554,563
69$23,908,323$4,235,936$2,293,148$13,638,707
70$26,276,263$4,372,788$2,299,260$14,827,662
71$28,883,506$4,514,119$2,303,350$16,131,949
72$31,754,391$4,660,077$2,305,278$17,563,157
73$34,915,735$4,810,818$2,304,902$19,134,054
74$38,397,092$4,966,500$2,302,068$20,858,702
75$42,231,026$5,127,289$2,296,618$22,752,594
76$46,453,421$5,293,356$2,288,385$24,832,798
77$51,103,817$5,464,877$2,277,192$27,118,116
78$56,225,785$5,642,036$2,262,858$29,629,263
79$61,867,340$5,825,020$2,245,189$32,389,059
80$68,081,390$6,014,027$2,223,983$35,422,647
81$74,926,235$6,209,257$2,199,030$38,757,728
82$82,466,121$6,410,921$2,170,107$42,424,821
83$90,771,844$6,619,235$2,136,985$46,457,552
84$99,921,418$6,834,423$2,099,419$50,892,968
85$110,000,809$7,056,717$2,057,157$55,771,891
86$121,104,752$7,286,357$2,009,932$61,139,295
87$133,337,639$7,523,590$1,957,467$67,044,738
88$146,814,507$7,768,675$1,899,470$73,542,820
89$161,662,122$8,021,876$1,835,638$80,693,707
90$178,020,180$8,283,468$1,765,653$88,563,690
91$196,042,617$8,553,737$1,689,182$97,225,815
92$215,899,071$8,832,978$1,605,876$106,760,567
93$237,776,477$9,121,494$1,515,374$117,256,635
94$261,880,832$9,419,602$1,417,294$128,811,743
95$288,439,144$9,727,629$1,311,239$141,533,571
96$317,701,567$10,045,913$1,196,796$155,540,776
97$349,943,768$10,374,804$1,073,530$170,964,105
98$385,469,528$10,714,665$940,989$187,947,631
99$424,613,607$11,065,872$798,700$206,650,112
100$467,744,908$11,428,812$646,169$227,246,486