Can I retire at age 40 with 1,650,000?

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 $1,650,000?

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$136,255$135,042$133,858$132,702$131,573$127,057
2 years$67,453$66,197$64,979$63,799$62,654$58,150
3 years$44,522$43,260$42,046$40,877$39,750$35,399
4 years$33,059$31,801$30,599$29,449$28,350$24,186
5 years$26,183$24,932$23,746$22,620$21,551$17,586
6 years$21,600$20,359$19,190$18,089$17,053$13,288
7 years$18,328$17,098$15,947$14,872$13,869$10,304
8 years$15,875$14,656$13,524$12,476$11,505$8,138
9 years$13,968$12,761$11,649$10,627$9,689$6,516
10 years$12,444$11,248$10,156$9,160$8,256$5,270
11 years$11,197$10,013$8,941$7,972$7,100$4,297
12 years$10,159$8,987$7,935$6,993$6,153$3,526
13 years$9,281$8,122$7,089$6,174$5,365$2,907
14 years$8,530$7,383$6,370$5,480$4,703$2,407
15 years$7,879$6,744$5,751$4,887$4,141$1,999
16 years$7,310$6,188$5,214$4,376$3,660$1,665
17 years$6,809$5,699$4,745$3,932$3,245$1,390
18 years$6,363$5,266$4,331$3,543$2,885$1,162
19 years$5,966$4,880$3,965$3,202$2,572$973
20 years$5,608$4,535$3,639$2,900$2,297$816
21 years$5,285$4,224$3,347$2,632$2,056$685
22 years$4,991$3,943$3,085$2,393$1,843$575
23 years$4,724$3,688$2,848$2,179$1,654$484
24 years$4,479$3,455$2,634$1,988$1,487$407
25 years$4,254$3,243$2,440$1,815$1,338$342
26 years$4,047$3,048$2,263$1,660$1,205$288
27 years$3,855$2,868$2,101$1,519$1,086$243
28 years$3,677$2,703$1,953$1,392$980$205
29 years$3,512$2,550$1,818$1,276$885$172
30 years$3,359$2,408$1,693$1,171$800$145
31 years$3,215$2,276$1,578$1,076$723$123
32 years$3,081$2,154$1,473$989$654$103
33 years$2,955$2,040$1,375$909$592$87
34 years$2,837$1,933$1,285$837$536$73
35 years$2,725$1,834$1,201$770$485$62
36 years$2,621$1,740$1,124$709$440$52
37 years$2,522$1,653$1,052$653$399$44
38 years$2,428$1,571$985$602$361$37
39 years$2,340$1,494$923$555$328$31
40 years$2,256$1,421$865$512$297$26
41 years$2,176$1,353$811$473$270$22
42 years$2,101$1,288$761$436$245$19
43 years$2,029$1,228$714$403$222$16
44 years$1,960$1,170$670$372$202$13
45 years$1,895$1,116$629$343$183$11
46 years$1,833$1,064$591$317$166$10
47 years$1,774$1,016$555$293$151$8
48 years$1,717$970$522$271$137$7
49 years$1,663$926$490$250$124$6
50 years$1,611$885$461$231$113$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,650,000, adding $2,071 every year, while hoping to spend $53,969 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: 50/42/8 Blend
39$1,650,000$1,650,000$1,650,000$1,650,000
40$1,820,436$1,732,986$1,707,411$1,907,590
41$1,948,698$1,760,480$1,707,187$1,994,779
42$2,088,234$1,787,512$1,705,146$2,083,539
43$2,240,137$1,814,003$1,701,171$2,178,719
44$2,405,609$1,839,867$1,695,139$2,280,933
45$2,585,974$1,865,014$1,686,919$2,390,861
46$2,782,689$1,889,345$1,676,376$2,509,251
47$2,997,356$1,912,756$1,663,368$2,636,929
48$3,231,741$1,935,135$1,647,745$2,774,805
49$3,487,785$1,956,364$1,629,352$2,923,884
50$3,767,628$1,976,315$1,608,024$3,085,276
51$4,073,624$1,994,852$1,583,590$3,260,204
52$4,408,364$2,011,830$1,555,871$3,450,018
53$4,774,704$2,027,097$1,524,680$3,656,208
54$5,175,787$2,040,487$1,489,819$3,880,416
55$5,615,072$2,051,826$1,451,084$4,124,457
56$6,096,373$2,060,929$1,408,258$4,390,330
57$6,623,886$2,067,597$1,361,118$4,680,244
58$7,202,234$2,071,622$1,309,427$4,996,634
59$7,836,509$2,072,778$1,252,940$5,342,186
60$8,532,319$2,070,831$1,191,400$5,719,866
61$9,295,841$2,065,527$1,124,537$6,132,944
62$10,133,879$2,056,600$1,052,071$6,585,028
63$11,053,928$2,043,766$973,708$7,080,099
64$12,064,242$2,026,725$889,142$7,622,548
65$13,173,918$2,005,157$798,051$8,217,220
66$14,392,973$1,978,725$700,101$8,869,458
67$15,732,444$1,947,070$594,942$9,585,157
68$17,204,489$1,909,813$482,208$10,370,819
69$18,822,504$1,866,551$361,520$11,233,617
70$20,601,247$1,816,859$232,478$12,181,462
71$22,556,974$1,760,285$94,666$13,223,079
72$24,707,600$1,696,353$0$14,368,092
73$27,072,858$1,624,558$0$15,631,588
74$29,674,493$1,544,365$0$17,029,717
75$32,536,461$1,455,209$0$18,567,338
76$35,685,158$1,356,491$0$20,258,734
77$39,149,666$1,247,581$0$22,119,649
78$42,962,030$1,127,810$0$24,167,446
79$47,157,556$996,472$0$26,421,268
80$51,775,148$852,821$0$28,902,222
81$56,857,671$696,067$0$31,633,578
82$62,452,358$525,378$0$34,640,996
83$68,611,251$339,875$0$37,952,763
84$75,391,697$138,627$0$41,600,067
85$82,856,885$0$0$45,617,293
86$91,076,442$0$0$50,079,021
87$100,127,091$0$0$55,062,649
88$110,093,373$0$0$60,550,688
89$121,068,445$0$0$66,594,464
90$133,154,959$0$0$73,250,534
91$146,466,029$0$0$80,581,222
92$161,126,301$0$0$88,655,203
93$177,273,124$0$0$97,548,152
94$195,057,849$0$0$107,343,462
95$214,647,256$0$0$118,133,022
96$236,225,128$0$0$130,018,095
97$259,993,984$0$0$143,110,263
98$286,176,991$0$0$157,532,488
99$315,020,069$0$0$173,420,266
100$346,794,211$0$0$190,922,911