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%20%
1 years$140,384$139,134$137,914$136,723$135,560$130,130
2 years$69,497$68,203$66,949$65,732$64,553$59,150
3 years$45,871$44,571$43,320$42,115$40,955$35,750
4 years$34,061$32,765$31,526$30,342$29,209$24,242
5 years$26,976$25,688$24,465$23,305$22,204$17,487
6 years$22,255$20,976$19,772$18,637$17,570$13,105
7 years$18,883$17,616$16,430$15,323$14,289$10,075
8 years$16,356$15,100$13,934$12,854$11,854$7,887
9 years$14,392$13,147$12,002$10,949$9,983$6,257
10 years$12,821$11,589$10,463$9,438$8,506$5,013
11 years$11,537$10,317$9,212$8,214$7,315$4,048
12 years$10,467$9,260$8,175$7,205$6,339$3,288
13 years$9,563$8,368$7,304$6,361$5,528$2,683
14 years$8,788$7,606$6,563$5,646$4,846$2,198
15 years$8,118$6,949$5,925$5,035$4,267$1,806
16 years$7,532$6,375$5,372$4,509$3,771$1,488
17 years$7,015$5,871$4,888$4,051$3,343$1,228
18 years$6,556$5,425$4,462$3,651$2,973$1,016
19 years$6,146$5,028$4,085$3,299$2,650$841
20 years$5,778$4,672$3,749$2,988$2,367$697
21 years$5,445$4,352$3,448$2,712$2,118$578
22 years$5,142$4,063$3,178$2,465$1,899$480
23 years$4,867$3,800$2,935$2,245$1,704$399
24 years$4,615$3,560$2,714$2,048$1,532$332
25 years$4,383$3,341$2,514$1,870$1,378$276
26 years$4,169$3,140$2,331$1,710$1,242$229
27 years$3,972$2,955$2,165$1,565$1,119$191
28 years$3,789$2,784$2,013$1,434$1,010$159
29 years$3,619$2,627$1,873$1,315$912$132
30 years$3,460$2,481$1,744$1,207$824$110
31 years$3,313$2,345$1,626$1,108$745$92
32 years$3,174$2,219$1,517$1,019$674$76
33 years$3,044$2,101$1,417$937$610$64
34 years$2,923$1,992$1,324$862$552$53
35 years$2,808$1,889$1,238$793$500$44
36 years$2,700$1,793$1,158$731$453$37
37 years$2,598$1,703$1,084$673$411$31
38 years$2,502$1,618$1,015$621$372$26
39 years$2,411$1,539$951$572$338$21
40 years$2,324$1,464$891$528$306$18
41 years$2,242$1,394$836$487$278$15
42 years$2,164$1,327$784$449$252$12
43 years$2,090$1,265$736$415$229$10
44 years$2,020$1,206$690$383$208$9
45 years$1,953$1,150$648$354$189$7
46 years$1,889$1,097$609$327$171$6
47 years$1,828$1,047$572$302$155$5
48 years$1,769$999$538$279$141$4
49 years$1,713$954$505$258$128$3
50 years$1,660$911$475$238$116$3

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 $6,992 every year, while hoping to spend $31,327 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: 67/27/6 Blend
39$1,700,000$1,700,000$1,700,000$1,700,000
40$1,880,612$1,790,512$1,764,162$2,004,451
41$2,039,103$1,844,916$1,789,930$2,141,866
42$2,212,710$1,900,935$1,815,511$2,287,587
43$2,402,942$1,958,616$1,840,866$2,446,043
44$2,611,460$2,018,006$1,865,953$2,618,471
45$2,840,095$2,079,155$1,890,729$2,806,232
46$3,090,862$2,142,110$1,915,145$3,010,828
47$3,365,981$2,206,925$1,939,154$3,233,908
48$3,667,897$2,273,651$1,962,702$3,477,290
49$3,999,305$2,342,342$1,985,734$3,742,974
50$4,363,170$2,413,053$2,008,193$4,033,163
51$4,762,762$2,485,841$2,030,016$4,350,282
52$5,201,680$2,560,764$2,051,138$4,697,003
53$5,683,891$2,637,881$2,071,491$5,076,266
54$6,213,765$2,717,254$2,091,002$5,491,311
55$6,796,114$2,798,944$2,109,596$5,945,704
56$7,436,242$2,883,017$2,127,192$6,443,375
57$8,139,991$2,969,537$2,143,705$6,988,650
58$8,913,798$3,058,572$2,159,047$7,586,295
59$9,764,754$3,150,191$2,173,124$8,241,561
60$10,700,673$3,244,464$2,185,838$8,960,230
61$11,730,163$3,341,465$2,197,085$9,748,673
62$12,862,709$3,441,265$2,206,756$10,613,906
63$14,108,760$3,543,943$2,214,738$11,563,661
64$15,479,832$3,649,574$2,220,909$12,606,452
65$16,988,610$3,758,238$2,225,145$13,751,662
66$18,649,073$3,870,017$2,227,312$15,009,627
67$20,476,624$3,984,993$2,227,273$16,391,733
68$22,488,234$4,103,251$2,224,880$17,910,527
69$24,702,601$4,224,879$2,219,981$19,579,831
70$27,140,332$4,349,964$2,212,417$21,414,873
71$29,824,131$4,478,597$2,202,017$23,432,433
72$32,779,015$4,610,871$2,188,608$25,650,997
73$36,032,552$4,746,880$2,172,003$28,090,935
74$39,615,116$4,886,721$2,152,009$30,774,689
75$43,560,180$5,030,493$2,128,423$33,726,990
76$47,904,627$5,178,295$2,101,034$36,975,084
77$52,689,098$5,330,231$2,069,618$40,548,995
78$57,958,379$5,486,405$2,033,943$44,481,805
79$63,761,819$5,646,924$1,993,765$48,809,966
80$70,153,797$5,811,897$1,948,830$53,573,643
81$77,194,238$5,981,433$1,898,869$58,817,097
82$84,949,174$6,155,647$1,843,605$64,589,095
83$93,491,369$6,334,653$1,782,745$70,943,378
84$102,901,005$6,518,567$1,715,983$77,939,162
85$113,266,440$6,707,509$1,643,001$85,641,698
86$124,685,039$6,901,600$1,563,463$94,122,890
87$137,264,096$7,100,961$1,477,023$103,461,971
88$151,121,845$7,305,719$1,383,313$113,746,249
89$166,388,573$7,515,999$1,281,955$125,071,934
90$183,207,855$7,731,930$1,172,547$137,545,045
91$201,737,904$7,953,643$1,054,676$151,282,410
92$222,153,069$8,181,270$927,906$166,412,766
93$244,645,473$8,414,944$791,783$183,077,977
94$269,426,837$8,654,801$645,832$201,434,373
95$296,730,466$8,900,978$489,559$221,654,223
96$326,813,461$9,153,614$322,447$243,927,362
97$359,959,141$9,412,848$143,957$268,462,981
98$396,479,718$9,678,822$0$295,491,605
99$436,719,243$9,951,678$0$325,270,244
100$481,056,855$10,231,560$0$358,085,884