Can I retire at age 40 with 1,700,000?

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$140,384$139,134$137,914$136,723$135,560$131,011
2 years$69,497$68,203$66,949$65,732$64,553$60,014
3 years$45,871$44,571$43,320$42,115$40,955$36,570
4 years$34,061$32,765$31,526$30,342$29,209$25,011
5 years$26,976$25,688$24,465$23,305$22,204$18,204
6 years$22,255$20,976$19,772$18,637$17,570$13,771
7 years$18,883$17,616$16,430$15,323$14,289$10,691
8 years$16,356$15,100$13,934$12,854$11,854$8,454
9 years$14,392$13,147$12,002$10,949$9,983$6,776
10 years$12,821$11,589$10,463$9,438$8,506$5,488
11 years$11,537$10,317$9,212$8,214$7,315$4,481
12 years$10,467$9,260$8,175$7,205$6,339$3,681
13 years$9,563$8,368$7,304$6,361$5,528$3,039
14 years$8,788$7,606$6,563$5,646$4,846$2,520
15 years$8,118$6,949$5,925$5,035$4,267$2,096
16 years$7,532$6,375$5,372$4,509$3,771$1,748
17 years$7,015$5,871$4,888$4,051$3,343$1,461
18 years$6,556$5,425$4,462$3,651$2,973$1,224
19 years$6,146$5,028$4,085$3,299$2,650$1,026
20 years$5,778$4,672$3,749$2,988$2,367$862
21 years$5,445$4,352$3,448$2,712$2,118$724
22 years$5,142$4,063$3,178$2,465$1,899$610
23 years$4,867$3,800$2,935$2,245$1,704$513
24 years$4,615$3,560$2,714$2,048$1,532$432
25 years$4,383$3,341$2,514$1,870$1,378$364
26 years$4,169$3,140$2,331$1,710$1,242$307
27 years$3,972$2,955$2,165$1,565$1,119$259
28 years$3,789$2,784$2,013$1,434$1,010$219
29 years$3,619$2,627$1,873$1,315$912$185
30 years$3,460$2,481$1,744$1,207$824$156
31 years$3,313$2,345$1,626$1,108$745$132
32 years$3,174$2,219$1,517$1,019$674$111
33 years$3,044$2,101$1,417$937$610$94
34 years$2,923$1,992$1,324$862$552$79
35 years$2,808$1,889$1,238$793$500$67
36 years$2,700$1,793$1,158$731$453$57
37 years$2,598$1,703$1,084$673$411$48
38 years$2,502$1,618$1,015$621$372$40
39 years$2,411$1,539$951$572$338$34
40 years$2,324$1,464$891$528$306$29
41 years$2,242$1,394$836$487$278$24
42 years$2,164$1,327$784$449$252$21
43 years$2,090$1,265$736$415$229$17
44 years$2,020$1,206$690$383$208$15
45 years$1,953$1,150$648$354$189$12
46 years$1,889$1,097$609$327$171$11
47 years$1,828$1,047$572$302$155$9
48 years$1,769$999$538$279$141$8
49 years$1,713$954$505$258$128$6
50 years$1,660$911$475$238$116$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,700,000, adding $4,771 every year, while hoping to spend $28,946 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: 69/22/9 Blend
39$1,700,000$1,700,000$1,700,000$1,700,000
40$1,878,321$1,788,221$1,761,871$2,004,390
41$2,039,112$1,845,046$1,790,096$2,145,398
42$2,215,333$1,903,685$1,818,295$2,295,630
43$2,408,527$1,964,196$1,846,439$2,459,198
44$2,620,396$2,026,640$1,874,493$2,637,406
45$2,852,810$2,091,079$1,902,423$2,831,688
46$3,107,832$2,157,578$1,930,190$3,043,623
47$3,387,734$2,226,202$1,957,754$3,274,951
48$3,695,017$2,297,020$1,985,072$3,527,586
49$4,032,437$2,370,103$2,012,101$3,803,635
50$4,403,031$2,445,523$2,038,792$4,105,420
51$4,810,143$2,523,357$2,065,094$4,435,497
52$5,257,458$2,603,681$2,090,955$4,796,680
53$5,749,034$2,686,577$2,116,317$5,192,069
54$6,289,343$2,772,127$2,141,122$5,625,079
55$6,883,312$2,860,417$2,165,305$6,099,468
56$7,536,369$2,951,536$2,188,801$6,619,379
57$8,254,492$3,045,575$2,211,540$7,189,373
58$9,044,270$3,142,628$2,233,446$7,814,474
59$9,912,962$3,242,793$2,254,443$8,500,217
60$10,868,565$3,346,171$2,274,448$9,252,699
61$11,919,890$3,452,865$2,293,374$10,078,637
62$13,076,647$3,562,983$2,311,130$10,985,428
63$14,349,532$3,676,637$2,327,620$11,981,224
64$15,750,333$3,793,940$2,342,744$13,075,004
65$17,292,035$3,915,011$2,356,394$14,276,661
66$18,988,948$4,039,973$2,368,459$15,597,093
67$20,856,840$4,168,951$2,378,821$17,048,307
68$22,913,085$4,302,076$2,387,358$18,643,534
69$25,176,824$4,439,483$2,393,940$20,397,348
70$27,669,154$4,581,311$2,398,430$22,325,809
71$30,413,316$4,727,703$2,400,686$24,446,610
72$33,434,923$4,878,809$2,400,558$26,779,246
73$36,762,196$5,034,782$2,397,888$29,345,199
74$40,426,234$5,195,780$2,392,511$32,168,136
75$44,461,304$5,361,968$2,384,254$35,274,134
76$48,905,166$5,533,514$2,372,936$38,691,929
77$53,799,430$5,710,593$2,358,366$42,453,182
78$59,189,946$5,893,386$2,340,345$46,592,781
79$65,127,238$6,082,079$2,318,664$51,149,166
80$71,666,981$6,276,866$2,293,105$56,164,697
81$78,870,526$6,477,945$2,263,437$61,686,048
82$86,805,479$6,685,524$2,229,421$67,764,651
83$95,546,336$6,899,813$2,190,805$74,457,177
84$105,175,192$7,121,034$2,147,327$81,826,076
85$115,782,510$7,349,412$2,098,710$89,940,162
86$127,467,977$7,585,185$2,044,668$98,875,261
87$140,341,445$7,828,593$1,984,898$108,714,933
88$154,523,966$8,079,887$1,919,086$119,551,250
89$170,148,936$8,339,328$1,846,901$131,485,676
90$187,363,355$8,607,182$1,768,000$144,630,013
91$206,329,210$8,883,726$1,682,020$159,107,467
92$227,225,008$9,169,247$1,588,587$175,053,801
93$250,247,459$9,464,041$1,487,305$192,618,621
94$275,613,334$9,768,413$1,377,763$211,966,788
95$303,561,507$10,082,679$1,259,532$233,279,972
96$334,355,217$10,407,166$1,132,162$256,758,367
97$368,284,543$10,742,211$995,184$282,622,578
98$405,669,151$11,088,164$848,107$311,115,709
99$446,861,306$11,445,386$690,420$342,505,651
100$492,249,199$11,814,249$521,589$377,087,612