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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.3%
1 years$140,384$139,134$137,914$136,723$135,560$132,607
2 years$69,497$68,203$66,949$65,732$64,553$61,592
3 years$45,871$44,571$43,320$42,115$40,955$38,079
4 years$34,061$32,765$31,526$30,342$29,209$26,441
5 years$26,976$25,688$24,465$23,305$22,204$19,551
6 years$22,255$20,976$19,772$18,637$17,570$15,034
7 years$18,883$17,616$16,430$15,323$14,289$11,872
8 years$16,356$15,100$13,934$12,854$11,854$9,555
9 years$14,392$13,147$12,002$10,949$9,983$7,799
10 years$12,821$11,589$10,463$9,438$8,506$6,436
11 years$11,537$10,317$9,212$8,214$7,315$5,357
12 years$10,467$9,260$8,175$7,205$6,339$4,489
13 years$9,563$8,368$7,304$6,361$5,528$3,782
14 years$8,788$7,606$6,563$5,646$4,846$3,201
15 years$8,118$6,949$5,925$5,035$4,267$2,719
16 years$7,532$6,375$5,372$4,509$3,771$2,317
17 years$7,015$5,871$4,888$4,051$3,343$1,980
18 years$6,556$5,425$4,462$3,651$2,973$1,695
19 years$6,146$5,028$4,085$3,299$2,650$1,454
20 years$5,778$4,672$3,749$2,988$2,367$1,249
21 years$5,445$4,352$3,448$2,712$2,118$1,075
22 years$5,142$4,063$3,178$2,465$1,899$926
23 years$4,867$3,800$2,935$2,245$1,704$798
24 years$4,615$3,560$2,714$2,048$1,532$688
25 years$4,383$3,341$2,514$1,870$1,378$594
26 years$4,169$3,140$2,331$1,710$1,242$514
27 years$3,972$2,955$2,165$1,565$1,119$444
28 years$3,789$2,784$2,013$1,434$1,010$384
29 years$3,619$2,627$1,873$1,315$912$332
30 years$3,460$2,481$1,744$1,207$824$287
31 years$3,313$2,345$1,626$1,108$745$249
32 years$3,174$2,219$1,517$1,019$674$215
33 years$3,044$2,101$1,417$937$610$187
34 years$2,923$1,992$1,324$862$552$162
35 years$2,808$1,889$1,238$793$500$140
36 years$2,700$1,793$1,158$731$453$121
37 years$2,598$1,703$1,084$673$411$105
38 years$2,502$1,618$1,015$621$372$91
39 years$2,411$1,539$951$572$338$79
40 years$2,324$1,464$891$528$306$68
41 years$2,242$1,394$836$487$278$59
42 years$2,164$1,327$784$449$252$51
43 years$2,090$1,265$736$415$229$45
44 years$2,020$1,206$690$383$208$39
45 years$1,953$1,150$648$354$189$34
46 years$1,889$1,097$609$327$171$29
47 years$1,828$1,047$572$302$155$25
48 years$1,769$999$538$279$141$22
49 years$1,713$954$505$258$128$19
50 years$1,660$911$475$238$116$16

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 $3,423 every year, while hoping to spend $37,752 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: 56/15/29 Blend
39$1,700,000$1,700,000$1,700,000$1,700,000
40$1,876,931$1,786,831$1,760,481$1,966,830
41$2,028,210$1,834,218$1,779,289$2,076,523
42$2,193,654$1,882,661$1,797,462$2,191,785
43$2,374,669$1,932,173$1,814,939$2,316,618
44$2,572,800$1,982,765$1,831,655$2,451,960
45$2,789,753$2,034,448$1,847,542$2,598,842
46$3,027,402$2,087,230$1,862,529$2,758,404
47$3,287,814$2,141,121$1,876,541$2,931,898
48$3,573,264$2,196,129$1,889,498$3,120,707
49$3,886,257$2,252,260$1,901,317$3,326,352
50$4,229,555$2,309,520$1,911,910$3,550,513
51$4,606,196$2,367,913$1,921,185$3,795,038
52$5,019,529$2,427,442$1,929,046$4,061,965
53$5,473,242$2,488,108$1,935,391$4,353,540
54$5,971,399$2,549,911$1,940,112$4,672,238
55$6,518,473$2,612,848$1,943,097$5,020,787
56$7,119,396$2,676,916$1,944,230$5,402,195
57$7,779,599$2,742,109$1,943,386$5,819,773
58$8,505,063$2,808,418$1,940,435$6,277,175
59$9,302,382$2,875,833$1,935,241$6,778,427
60$10,178,816$2,944,340$1,927,663$7,327,964
61$11,142,365$3,013,922$1,917,549$7,930,676
62$12,201,843$3,084,561$1,904,744$8,591,953
63$13,366,961$3,156,235$1,889,084$9,317,735
64$14,648,419$3,228,918$1,870,395$10,114,569
65$16,058,002$3,302,580$1,848,498$10,989,671
66$17,608,700$3,377,187$1,823,204$11,950,993
67$19,314,821$3,452,704$1,794,315$13,007,303
68$21,192,133$3,529,086$1,761,625$14,168,261
69$23,258,007$3,606,288$1,724,916$15,444,515
70$25,531,586$3,684,258$1,683,963$16,847,804
71$28,033,959$3,762,938$1,638,527$18,391,062
72$30,788,366$3,842,265$1,588,360$20,088,546
73$33,820,413$3,922,170$1,533,204$21,955,970
74$37,158,315$4,002,576$1,472,787$24,010,653
75$40,833,162$4,083,402$1,406,825$26,271,684
76$44,879,212$4,164,556$1,335,020$28,760,101
77$49,334,213$4,245,940$1,257,064$31,499,090
78$54,239,759$4,327,447$1,172,632$34,514,207
79$59,641,684$4,408,962$1,081,386$37,833,618
80$65,590,495$4,490,360$982,971$41,488,364
81$72,141,843$4,571,505$877,018$45,512,659
82$79,357,053$4,652,252$763,141$49,944,209
83$87,303,703$4,732,442$640,936$54,824,571
84$96,056,256$4,811,907$509,983$60,199,547
85$105,696,768$4,890,464$369,841$66,119,615
86$116,315,659$4,967,918$220,052$72,640,406
87$128,012,569$5,044,059$60,136$79,823,233
88$140,897,295$5,118,661$0$87,735,671
89$155,090,826$5,191,483$0$96,486,388
90$170,726,491$5,262,266$0$106,145,343
91$187,951,211$5,330,735$0$116,784,531
92$206,926,886$5,396,593$0$128,503,817
93$227,831,927$5,459,524$0$141,413,250
94$250,862,935$5,519,192$0$155,634,103
95$276,236,558$5,575,236$0$171,300,015
96$304,191,537$5,627,273$0$188,558,257
97$334,990,958$5,674,894$0$207,571,118
98$368,924,734$5,717,662$0$228,517,439
99$406,312,344$5,755,114$0$251,594,301
100$447,505,844$5,786,756$0$277,018,889