Can I retire at age 40 with 1,670,000?

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 $1,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$137,907$136,679$135,480$134,310$133,168$132,218
2 years$68,271$66,999$65,767$64,572$63,413$62,455
3 years$45,062$43,785$42,556$41,372$40,232$39,296
4 years$33,460$32,186$30,970$29,806$28,694$27,786
5 years$26,500$25,235$24,034$22,894$21,813$20,937
6 years$21,862$20,606$19,423$18,309$17,260$16,417
7 years$18,550$17,305$16,140$15,052$14,037$13,227
8 years$16,068$14,833$13,688$12,627$11,645$10,868
9 years$14,138$12,915$11,790$10,756$9,807$9,063
10 years$12,595$11,384$10,279$9,271$8,356$7,644
11 years$11,333$10,135$9,049$8,069$7,186$6,507
12 years$10,282$9,096$8,031$7,077$6,227$5,579
13 years$9,394$8,220$7,175$6,248$5,430$4,813
14 years$8,633$7,472$6,447$5,547$4,760$4,173
15 years$7,975$6,826$5,821$4,947$4,191$3,633
16 years$7,399$6,263$5,277$4,429$3,704$3,175
17 years$6,891$5,768$4,802$3,980$3,284$2,782
18 years$6,441$5,330$4,384$3,586$2,920$2,445
19 years$6,038$4,939$4,013$3,241$2,603$2,153
20 years$5,676$4,590$3,683$2,935$2,325$1,900
21 years$5,349$4,275$3,388$2,664$2,081$1,679
22 years$5,052$3,991$3,122$2,422$1,865$1,486
23 years$4,781$3,733$2,883$2,206$1,674$1,317
24 years$4,533$3,497$2,666$2,012$1,505$1,169
25 years$4,306$3,282$2,469$1,837$1,354$1,038
26 years$4,096$3,084$2,290$1,680$1,220$923
27 years$3,902$2,903$2,127$1,538$1,100$821
28 years$3,722$2,735$1,977$1,409$992$731
29 years$3,555$2,580$1,840$1,292$896$651
30 years$3,399$2,437$1,714$1,186$810$581
31 years$3,254$2,304$1,598$1,089$732$518
32 years$3,118$2,180$1,491$1,001$662$462
33 years$2,991$2,064$1,392$920$599$412
34 years$2,871$1,957$1,300$847$542$368
35 years$2,758$1,856$1,216$779$491$329
36 years$2,652$1,761$1,137$718$445$294
37 years$2,552$1,673$1,065$661$403$262
38 years$2,458$1,590$997$610$366$234
39 years$2,368$1,512$934$562$332$210
40 years$2,283$1,438$875$518$301$187
41 years$2,203$1,369$821$478$273$167
42 years$2,126$1,304$770$441$248$150
43 years$2,053$1,242$723$408$225$134
44 years$1,984$1,184$678$376$204$120
45 years$1,918$1,129$637$347$185$107
46 years$1,855$1,077$598$321$168$96
47 years$1,795$1,028$562$297$153$86
48 years$1,738$981$528$274$139$77
49 years$1,683$937$496$253$126$69
50 years$1,631$895$467$234$114$61

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,670,000, adding $3,059 every year, while hoping to spend $42,134 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: 47/41/12 Blend
39$1,670,000$1,670,000$1,670,000$1,670,000
40$1,843,495$1,754,985$1,729,100$1,923,837
41$1,986,702$1,796,149$1,742,195$2,020,795
42$2,143,103$1,837,918$1,754,316$2,121,371
43$2,314,000$1,880,277$1,765,387$2,229,582
44$2,500,827$1,923,209$1,775,326$2,346,152
45$2,705,160$1,966,695$1,784,048$2,471,881
46$2,928,736$2,010,713$1,791,463$2,607,646
47$3,173,468$2,055,239$1,797,478$2,754,417
48$3,441,461$2,100,246$1,801,993$2,913,262
49$3,735,036$2,145,703$1,804,906$3,085,354
50$4,056,745$2,191,578$1,806,105$3,271,990
51$4,409,402$2,237,834$1,805,479$3,474,596
52$4,796,104$2,284,431$1,802,905$3,694,745
53$5,220,263$2,331,325$1,798,259$3,934,169
54$5,685,638$2,378,468$1,791,409$4,194,779
55$6,196,368$2,425,807$1,782,216$4,478,679
56$6,757,012$2,473,286$1,770,535$4,788,187
57$7,372,593$2,520,843$1,756,213$5,125,861
58$8,048,644$2,568,411$1,739,093$5,494,517
59$8,791,259$2,615,917$1,719,007$5,897,261
60$9,607,154$2,663,283$1,695,779$6,337,514
61$10,503,724$2,710,424$1,669,228$6,819,049
62$11,489,118$2,757,250$1,639,162$7,346,023
63$12,572,314$2,803,661$1,605,380$7,923,021
64$13,763,202$2,849,552$1,567,672$8,555,091
65$15,072,679$2,894,811$1,525,819$9,247,804
66$16,512,750$2,939,314$1,479,592$10,007,296
67$18,096,642$2,982,932$1,428,750$10,840,332
68$19,838,928$3,025,524$1,373,041$11,754,369
69$21,755,665$3,066,941$1,312,204$12,757,626
70$23,864,543$3,107,021$1,245,964$13,859,165
71$26,185,056$3,145,595$1,174,033$15,068,970
72$28,738,680$3,182,478$1,096,112$16,398,052
73$31,549,081$3,217,474$1,011,887$17,858,543
74$34,642,333$3,250,376$921,031$19,463,819
75$38,047,167$3,280,961$823,201$21,228,623
76$41,795,240$3,308,990$718,041$23,169,205
77$45,921,436$3,334,212$605,176$25,303,478
78$50,464,190$3,356,356$484,218$27,651,186
79$55,465,857$3,375,137$354,758$30,234,092
80$60,973,105$3,390,249$216,373$33,076,184
81$67,037,359$3,401,368$68,618$36,203,902
82$73,715,283$3,408,149$0$39,646,391
83$81,069,320$3,410,226$0$43,447,177
84$89,168,274$3,407,210$0$47,640,382
85$98,087,962$3,398,688$0$52,256,301
86$107,911,931$3,384,220$0$57,338,018
87$118,732,243$3,363,342$0$62,933,014
88$130,650,345$3,335,560$0$69,093,622
89$143,778,028$3,300,349$0$75,877,515
90$158,238,476$3,257,156$0$83,348,258
91$174,167,436$3,205,392$0$91,575,904
92$191,714,492$3,144,433$0$100,637,663
93$211,044,479$3,073,620$0$110,618,623
94$232,339,042$2,992,253$0$121,612,566
95$255,798,342$2,899,591$0$133,722,843
96$281,642,954$2,794,852$0$147,063,362
97$310,115,941$2,677,206$0$161,759,659
98$341,485,153$2,545,775$0$177,950,085
99$376,045,753$2,399,632$0$195,787,117
100$414,123,001$2,237,795$0$215,438,799