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%19.4%
1 years$140,384$139,134$137,914$136,723$135,560$130,440
2 years$69,497$68,203$66,949$65,732$64,553$59,453
3 years$45,871$44,571$43,320$42,115$40,955$36,037
4 years$34,061$32,765$31,526$30,342$29,209$24,510
5 years$26,976$25,688$24,465$23,305$22,204$17,737
6 years$22,255$20,976$19,772$18,637$17,570$13,336
7 years$18,883$17,616$16,430$15,323$14,289$10,288
8 years$16,356$15,100$13,934$12,854$11,854$8,083
9 years$14,392$13,147$12,002$10,949$9,983$6,435
10 years$12,821$11,589$10,463$9,438$8,506$5,176
11 years$11,537$10,317$9,212$8,214$7,315$4,196
12 years$10,467$9,260$8,175$7,205$6,339$3,422
13 years$9,563$8,368$7,304$6,361$5,528$2,804
14 years$8,788$7,606$6,563$5,646$4,846$2,307
15 years$8,118$6,949$5,925$5,035$4,267$1,904
16 years$7,532$6,375$5,372$4,509$3,771$1,575
17 years$7,015$5,871$4,888$4,051$3,343$1,306
18 years$6,556$5,425$4,462$3,651$2,973$1,085
19 years$6,146$5,028$4,085$3,299$2,650$902
20 years$5,778$4,672$3,749$2,988$2,367$751
21 years$5,445$4,352$3,448$2,712$2,118$626
22 years$5,142$4,063$3,178$2,465$1,899$522
23 years$4,867$3,800$2,935$2,245$1,704$436
24 years$4,615$3,560$2,714$2,048$1,532$364
25 years$4,383$3,341$2,514$1,870$1,378$304
26 years$4,169$3,140$2,331$1,710$1,242$254
27 years$3,972$2,955$2,165$1,565$1,119$213
28 years$3,789$2,784$2,013$1,434$1,010$178
29 years$3,619$2,627$1,873$1,315$912$149
30 years$3,460$2,481$1,744$1,207$824$125
31 years$3,313$2,345$1,626$1,108$745$104
32 years$3,174$2,219$1,517$1,019$674$87
33 years$3,044$2,101$1,417$937$610$73
34 years$2,923$1,992$1,324$862$552$61
35 years$2,808$1,889$1,238$793$500$51
36 years$2,700$1,793$1,158$731$453$43
37 years$2,598$1,703$1,084$673$411$36
38 years$2,502$1,618$1,015$621$372$30
39 years$2,411$1,539$951$572$338$25
40 years$2,324$1,464$891$528$306$21
41 years$2,242$1,394$836$487$278$18
42 years$2,164$1,327$784$449$252$15
43 years$2,090$1,265$736$415$229$12
44 years$2,020$1,206$690$383$208$10
45 years$1,953$1,150$648$354$189$9
46 years$1,889$1,097$609$327$171$7
47 years$1,828$1,047$572$302$155$6
48 years$1,769$999$538$279$141$5
49 years$1,713$954$505$258$128$4
50 years$1,660$911$475$238$116$4

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 $6,648 every year, while hoping to spend $25,153 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: 42/33/25 Blend
39$1,700,000$1,700,000$1,700,000$1,700,000
40$1,880,257$1,790,157$1,763,807$1,945,219
41$2,045,281$1,851,113$1,796,132$2,053,317
42$2,226,294$1,914,211$1,828,697$2,167,410
43$2,424,901$1,979,533$1,861,483$2,290,475
44$2,642,869$2,047,158$1,894,471$2,423,353
45$2,882,144$2,117,171$1,927,638$2,566,968
46$3,144,871$2,189,660$1,960,962$2,722,336
47$3,433,411$2,264,718$1,994,418$2,890,578
48$3,750,368$2,342,437$2,027,980$3,072,922
49$4,098,606$2,422,918$2,061,618$3,270,722
50$4,481,285$2,506,261$2,095,303$3,485,468
51$4,901,882$2,592,574$2,129,002$3,718,798
52$5,364,230$2,681,967$2,162,680$3,972,516
53$5,872,552$2,774,554$2,196,300$4,248,605
54$6,431,500$2,870,454$2,229,824$4,549,250
55$7,046,199$2,969,793$2,263,209$4,876,857
56$7,722,296$3,072,697$2,296,411$5,234,070
57$8,466,013$3,179,301$2,329,383$5,623,804
58$9,284,203$3,289,745$2,362,075$6,049,268
59$10,184,421$3,404,171$2,394,434$6,513,993
60$11,174,988$3,522,732$2,426,403$7,021,869
61$12,265,074$3,645,582$2,457,924$7,577,177
62$13,464,780$3,772,884$2,488,933$8,184,635
63$14,785,239$3,904,807$2,519,364$8,849,436
64$16,238,717$4,041,527$2,549,147$9,577,299
65$17,838,730$4,183,225$2,578,206$10,374,525
66$19,600,169$4,330,092$2,606,465$11,248,052
67$21,539,445$4,482,325$2,633,840$12,205,521
68$23,674,639$4,640,129$2,660,244$13,255,350
69$26,025,674$4,803,718$2,685,585$14,406,812
70$28,614,507$4,973,314$2,709,766$15,670,119
71$31,465,328$5,149,148$2,732,684$17,056,523
72$34,604,795$5,331,460$2,754,233$18,578,416
73$38,062,283$5,520,500$2,774,299$20,249,453
74$41,870,161$5,716,529$2,792,762$22,084,675
75$46,064,096$5,919,818$2,809,498$24,100,650
76$50,683,392$6,130,647$2,824,375$26,315,635
77$55,771,361$6,349,312$2,837,255$28,749,741
78$61,375,728$6,576,116$2,847,990$31,425,127
79$67,549,084$6,811,378$2,856,430$34,366,203
80$74,349,383$7,055,428$2,862,413$37,599,867
81$81,840,487$7,308,611$2,865,771$41,155,752
82$90,092,768$7,571,285$2,866,326$45,066,507
83$99,183,776$7,843,823$2,863,894$49,368,108
84$109,198,966$8,126,614$2,858,278$54,100,190
85$120,232,505$8,420,063$2,849,275$59,306,426
86$132,388,166$8,724,592$2,836,671$65,034,937
87$145,780,300$9,040,638$2,820,242$71,338,743
88$160,534,922$9,368,660$2,799,750$78,276,265
89$176,790,893$9,709,134$2,774,951$85,911,877
90$194,701,237$10,062,555$2,745,585$94,316,509
91$214,434,584$10,429,440$2,711,383$103,568,318
92$236,176,757$10,810,328$2,672,059$113,753,425
93$260,132,532$11,205,780$2,627,319$124,966,726
94$286,527,566$11,616,380$2,576,851$137,312,787
95$315,610,533$12,042,737$2,520,330$150,906,829
96$347,655,462$12,485,486$2,457,416$165,875,818
97$382,964,332$12,945,288$2,387,753$182,359,659
98$421,869,920$13,422,833$2,310,968$200,512,516
99$464,738,939$13,918,839$2,226,673$220,504,269
100$511,975,505$14,434,056$2,134,460$242,522,111