Can I retire at age 40 with 1,680,000?

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 $1,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$138,733$137,497$136,291$135,115$133,966$133,401
2 years$68,680$67,401$66,161$64,959$63,793$63,223
3 years$45,332$44,047$42,810$41,620$40,473$39,915
4 years$33,660$32,379$31,155$29,985$28,866$28,325
5 years$26,659$25,386$24,178$23,031$21,943$21,420
6 years$21,993$20,729$19,539$18,418$17,363$16,859
7 years$18,661$17,408$16,237$15,143$14,121$13,636
8 years$16,164$14,922$13,770$12,703$11,714$11,249
9 years$14,222$12,993$11,860$10,820$9,865$9,418
10 years$12,670$11,452$10,340$9,327$8,406$7,978
11 years$11,401$10,195$9,103$8,117$7,229$6,820
12 years$10,344$9,151$8,079$7,120$6,265$5,873
13 years$9,450$8,270$7,218$6,286$5,463$5,089
14 years$8,685$7,517$6,485$5,580$4,789$4,433
15 years$8,022$6,867$5,855$4,976$4,216$3,877
16 years$7,443$6,300$5,309$4,456$3,726$3,404
17 years$6,932$5,802$4,831$4,003$3,304$2,998
18 years$6,479$5,361$4,410$3,608$2,938$2,647
19 years$6,074$4,969$4,037$3,260$2,619$2,343
20 years$5,710$4,617$3,705$2,953$2,339$2,078
21 years$5,381$4,301$3,408$2,680$2,093$1,846
22 years$5,082$4,015$3,141$2,436$1,876$1,643
23 years$4,810$3,755$2,900$2,219$1,684$1,464
24 years$4,560$3,518$2,682$2,024$1,514$1,306
25 years$4,331$3,302$2,484$1,848$1,362$1,166
26 years$4,120$3,103$2,304$1,690$1,227$1,042
27 years$3,925$2,920$2,139$1,547$1,106$932
28 years$3,744$2,752$1,989$1,417$998$835
29 years$3,576$2,596$1,851$1,300$901$748
30 years$3,420$2,452$1,724$1,193$814$670
31 years$3,274$2,318$1,607$1,095$736$601
32 years$3,137$2,193$1,500$1,007$666$539
33 years$3,009$2,077$1,400$926$603$484
34 years$2,888$1,968$1,308$852$546$435
35 years$2,775$1,867$1,223$784$494$391
36 years$2,668$1,772$1,144$722$448$351
37 years$2,567$1,683$1,071$665$406$315
38 years$2,472$1,599$1,003$613$368$284
39 years$2,382$1,521$940$565$334$255
40 years$2,297$1,447$881$522$303$229
41 years$2,216$1,377$826$481$275$206
42 years$2,139$1,312$775$444$249$186
43 years$2,066$1,250$727$410$226$167
44 years$1,996$1,191$682$379$205$150
45 years$1,930$1,136$641$350$186$135
46 years$1,866$1,084$602$323$169$122
47 years$1,806$1,034$565$298$154$110
48 years$1,748$987$531$276$140$99
49 years$1,693$943$499$255$127$89
50 years$1,640$901$469$235$115$80

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,680,000, adding $3,938 every year, while hoping to spend $43,592 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: 72/7/21 Blend
39$1,680,000$1,680,000$1,680,000$1,680,000
40$1,855,422$1,766,382$1,740,342$1,979,246
41$1,998,294$1,806,553$1,752,262$2,102,375
42$2,154,277$1,847,232$1,763,120$2,231,605
43$2,324,664$1,888,397$1,772,835$2,372,054
44$2,510,875$1,930,024$1,781,321$2,524,830
45$2,714,477$1,972,087$1,788,488$2,691,155
46$2,937,192$2,014,558$1,794,240$2,872,372
47$3,180,918$2,057,404$1,798,480$3,069,963
48$3,447,744$2,100,589$1,801,101$3,285,561
49$3,739,971$2,144,075$1,801,995$3,520,966
50$4,060,133$2,187,820$1,801,047$3,778,158
51$4,411,020$2,231,776$1,798,135$4,059,324
52$4,795,705$2,275,894$1,793,134$4,366,869
53$5,217,573$2,320,119$1,785,910$4,703,448
54$5,680,351$2,364,391$1,776,324$5,071,984
55$6,188,147$2,408,646$1,764,231$5,475,698
56$6,745,482$2,452,814$1,749,477$5,918,140
57$7,357,339$2,496,820$1,731,902$6,403,224
58$8,029,206$2,540,582$1,711,339$6,935,262
59$8,767,128$2,584,013$1,687,612$7,519,006
60$9,577,764$2,627,020$1,660,536$8,159,693
61$10,468,452$2,669,499$1,629,920$8,863,096
62$11,447,273$2,711,344$1,595,562$9,635,576
63$12,523,132$2,752,437$1,557,250$10,484,142
64$13,705,838$2,792,652$1,514,764$11,416,523
65$15,006,198$2,831,857$1,467,873$12,441,233
66$16,436,119$2,869,907$1,416,336$13,567,656
67$18,008,720$2,906,650$1,359,900$14,806,137
68$19,738,454$2,941,920$1,298,301$16,168,072
69$21,641,246$2,975,543$1,231,264$17,666,026
70$23,734,640$3,007,332$1,158,498$19,313,842
71$26,037,969$3,037,087$1,079,704$21,126,781
72$28,572,534$3,064,596$994,566$23,121,658
73$31,361,802$3,089,631$902,754$25,317,008
74$34,431,635$3,111,952$803,925$27,733,256
75$37,810,524$3,131,300$697,719$30,392,914
76$41,529,867$3,147,403$583,762$33,320,791
77$45,624,257$3,159,969$461,661$36,544,229
78$50,131,812$3,168,688$331,007$40,093,362
79$55,094,535$3,173,232$191,374$44,001,399
80$60,558,708$3,173,251$42,316$48,304,941
81$66,575,329$3,168,374$0$53,044,325
82$73,200,594$3,158,206$0$58,290,164
83$80,496,426$3,142,329$0$64,077,109
84$88,531,057$3,120,299$0$70,449,774
85$97,379,677$3,091,646$0$77,467,781
86$107,125,137$3,055,869$0$85,196,831
87$117,858,736$3,012,441$0$93,709,323
88$129,681,076$2,960,801$0$103,085,039
89$142,703,019$2,900,353$0$113,411,895
90$157,046,726$2,830,469$0$124,786,772
91$172,846,814$2,750,484$0$137,316,431
92$190,251,621$2,659,690$0$151,118,518
93$209,424,614$2,557,342$0$166,322,676
94$230,545,923$2,442,650$0$183,071,769
95$253,814,045$2,314,778$0$201,523,232
96$279,447,717$2,172,842$0$221,850,553
97$307,687,981$2,015,907$0$244,244,913
98$338,800,454$1,842,986$0$268,916,991
99$373,077,840$1,653,032$0$296,098,953
100$410,842,692$1,444,943$0$326,046,641