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%11.2%
1 years$140,384$139,134$137,914$136,723$135,560$134,876
2 years$69,497$68,203$66,949$65,732$64,553$63,862
3 years$45,871$44,571$43,320$42,115$40,955$40,279
4 years$34,061$32,765$31,526$30,342$29,209$28,554
5 years$26,976$25,688$24,465$23,305$22,204$21,571
6 years$22,255$20,976$19,772$18,637$17,570$16,959
7 years$18,883$17,616$16,430$15,323$14,289$13,702
8 years$16,356$15,100$13,934$12,854$11,854$11,290
9 years$14,392$13,147$12,002$10,949$9,983$9,442
10 years$12,821$11,589$10,463$9,438$8,506$7,988
11 years$11,537$10,317$9,212$8,214$7,315$6,821
12 years$10,467$9,260$8,175$7,205$6,339$5,867
13 years$9,563$8,368$7,304$6,361$5,528$5,077
14 years$8,788$7,606$6,563$5,646$4,846$4,416
15 years$8,118$6,949$5,925$5,035$4,267$3,858
16 years$7,532$6,375$5,372$4,509$3,771$3,382
17 years$7,015$5,871$4,888$4,051$3,343$2,975
18 years$6,556$5,425$4,462$3,651$2,973$2,623
19 years$6,146$5,028$4,085$3,299$2,650$2,318
20 years$5,778$4,672$3,749$2,988$2,367$2,053
21 years$5,445$4,352$3,448$2,712$2,118$1,821
22 years$5,142$4,063$3,178$2,465$1,899$1,618
23 years$4,867$3,800$2,935$2,245$1,704$1,440
24 years$4,615$3,560$2,714$2,048$1,532$1,282
25 years$4,383$3,341$2,514$1,870$1,378$1,143
26 years$4,169$3,140$2,331$1,710$1,242$1,021
27 years$3,972$2,955$2,165$1,565$1,119$912
28 years$3,789$2,784$2,013$1,434$1,010$815
29 years$3,619$2,627$1,873$1,315$912$729
30 years$3,460$2,481$1,744$1,207$824$652
31 years$3,313$2,345$1,626$1,108$745$584
32 years$3,174$2,219$1,517$1,019$674$523
33 years$3,044$2,101$1,417$937$610$469
34 years$2,923$1,992$1,324$862$552$420
35 years$2,808$1,889$1,238$793$500$377
36 years$2,700$1,793$1,158$731$453$338
37 years$2,598$1,703$1,084$673$411$303
38 years$2,502$1,618$1,015$621$372$272
39 years$2,411$1,539$951$572$338$244
40 years$2,324$1,464$891$528$306$219
41 years$2,242$1,394$836$487$278$197
42 years$2,164$1,327$784$449$252$177
43 years$2,090$1,265$736$415$229$159
44 years$2,020$1,206$690$383$208$143
45 years$1,953$1,150$648$354$189$128
46 years$1,889$1,097$609$327$171$115
47 years$1,828$1,047$572$302$155$104
48 years$1,769$999$538$279$141$93
49 years$1,713$954$505$258$128$84
50 years$1,660$911$475$238$116$75

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 $4,890 every year, while hoping to spend $46,596 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: 77/7/16 Blend
39$1,700,000$1,700,000$1,700,000$1,700,000
40$1,878,444$1,788,344$1,761,994$2,016,176
41$2,020,468$1,826,395$1,771,443$2,145,815
42$2,175,416$1,864,749$1,779,647$2,281,604
43$2,344,558$1,903,371$1,786,515$2,429,240
44$2,529,291$1,942,224$1,791,951$2,589,891
45$2,731,152$1,981,267$1,795,855$2,764,841
46$2,951,836$2,020,456$1,798,122$2,955,506
47$3,193,206$2,059,740$1,798,642$3,163,448
48$3,457,314$2,099,069$1,797,298$3,390,384
49$3,746,421$2,138,384$1,793,968$3,638,209
50$4,063,015$2,177,624$1,788,526$3,909,008
51$4,409,837$2,216,723$1,780,836$4,205,080
52$4,789,906$2,255,608$1,770,759$4,528,959
53$5,206,545$2,294,201$1,758,149$4,883,434
54$5,663,416$2,332,420$1,742,849$5,271,582
55$6,164,550$2,370,174$1,724,700$5,696,789
56$6,714,389$2,407,368$1,703,533$6,162,791
57$7,317,825$2,443,897$1,679,169$6,673,701
58$7,980,246$2,479,650$1,651,424$7,234,053
59$8,707,588$2,514,510$1,620,104$7,848,844
60$9,506,389$2,548,349$1,585,005$8,523,578
61$10,383,854$2,581,031$1,545,916$9,264,324
62$11,347,916$2,612,410$1,502,612$10,077,766
63$12,407,316$2,642,331$1,454,863$10,971,273
64$13,571,686$2,670,629$1,402,425$11,952,963
65$14,851,634$2,697,126$1,345,042$13,031,786
66$16,258,850$2,721,635$1,282,450$14,217,602
67$17,806,211$2,743,953$1,214,370$15,521,276
68$19,507,905$2,763,867$1,140,512$16,954,786
69$21,379,563$2,781,148$1,060,571$18,531,328
70$23,438,409$2,795,555$974,231$20,265,447
71$25,703,419$2,806,829$881,160$22,173,171
72$28,195,499$2,814,696$781,010$24,272,164
73$30,937,687$2,818,863$673,421$26,581,892
74$33,955,365$2,819,021$558,015$29,123,808
75$37,276,501$2,814,842$434,397$31,921,556
76$40,931,909$2,805,974$302,154$35,001,189
77$44,955,545$2,792,048$160,858$38,391,421
78$49,384,823$2,772,670$10,058$42,123,898
79$54,260,966$2,747,423$0$46,233,491
80$59,629,402$2,715,863$0$50,784,391
81$65,540,183$2,677,523$0$55,796,701
82$72,048,464$2,631,904$0$61,315,467
83$79,215,019$2,578,479$0$67,392,219
84$87,106,819$2,516,692$0$74,083,741
85$95,797,656$2,445,951$0$81,452,606
86$105,368,845$2,365,631$0$89,567,769
87$115,909,990$2,275,070$0$98,505,210
88$127,519,828$2,173,568$0$108,348,661
89$140,307,160$2,060,383$0$119,190,389
90$154,391,880$1,934,731$0$131,132,071
91$169,906,104$1,795,784$0$144,285,750
92$186,995,415$1,642,666$0$158,774,896
93$205,820,241$1,474,451$0$174,735,569
94$226,557,364$1,290,158$0$192,317,704
95$249,401,594$1,088,754$0$211,686,527
96$274,567,599$869,145$0$233,024,113
97$302,291,939$630,178$0$256,531,106
98$332,835,292$370,632$0$282,428,612
99$366,484,918$89,220$0$310,960,288
100$403,557,371$0$0$342,394,641