Can I retire at age 40 with 1,730,000?

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$142,862$141,589$140,348$139,136$137,953$136,455
2 years$70,724$69,406$68,130$66,892$65,692$64,184
3 years$46,681$45,358$44,085$42,859$41,678$40,206
4 years$34,662$33,343$32,082$30,877$29,725$28,301
5 years$27,452$26,141$24,897$23,717$22,596$21,225
6 years$22,647$21,346$20,121$18,966$17,880$16,562
7 years$19,217$17,927$16,720$15,593$14,541$13,277
8 years$16,645$15,366$14,180$13,081$12,063$10,854
9 years$14,646$13,379$12,213$11,142$10,159$9,003
10 years$13,047$11,793$10,648$9,604$8,656$7,553
11 years$11,740$10,499$9,374$8,359$7,444$6,394
12 years$10,652$9,423$8,319$7,332$6,451$5,451
13 years$9,732$8,516$7,433$6,473$5,626$4,675
14 years$8,943$7,741$6,678$5,746$4,931$4,030
15 years$8,261$7,071$6,030$5,124$4,342$3,487
16 years$7,665$6,488$5,467$4,588$3,837$3,028
17 years$7,139$5,975$4,975$4,123$3,402$2,637
18 years$6,672$5,521$4,541$3,715$3,025$2,303
19 years$6,255$5,117$4,157$3,357$2,697$2,015
20 years$5,880$4,755$3,815$3,040$2,409$1,766
21 years$5,541$4,429$3,509$2,759$2,155$1,551
22 years$5,233$4,134$3,234$2,509$1,932$1,364
23 years$4,953$3,867$2,986$2,285$1,734$1,200
24 years$4,696$3,623$2,762$2,084$1,559$1,058
25 years$4,460$3,400$2,558$1,903$1,403$933
26 years$4,243$3,195$2,372$1,740$1,264$824
27 years$4,042$3,007$2,203$1,593$1,139$727
28 years$3,856$2,834$2,048$1,459$1,028$643
29 years$3,683$2,673$1,906$1,338$928$569
30 years$3,522$2,525$1,775$1,228$839$503
31 years$3,371$2,387$1,655$1,128$758$445
32 years$3,230$2,258$1,544$1,037$686$394
33 years$3,098$2,139$1,442$953$621$349
34 years$2,974$2,027$1,347$877$562$310
35 years$2,858$1,922$1,259$807$509$274
36 years$2,748$1,825$1,178$744$461$243
37 years$2,644$1,733$1,103$685$418$216
38 years$2,546$1,647$1,033$632$379$191
39 years$2,453$1,566$968$582$344$170
40 years$2,365$1,490$907$537$312$151
41 years$2,282$1,418$850$496$283$134
42 years$2,203$1,351$798$457$257$119
43 years$2,127$1,287$748$422$233$105
44 years$2,055$1,227$703$390$211$93
45 years$1,987$1,170$660$360$192$83
46 years$1,922$1,116$620$333$174$74
47 years$1,860$1,065$582$307$158$65
48 years$1,800$1,017$547$284$144$58
49 years$1,743$971$514$262$130$51
50 years$1,689$927$483$242$119$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,730,000, adding $3,229 every year, while hoping to spend $21,100 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: 70/16/14 Blend
39$1,730,000$1,730,000$1,730,000$1,730,000
40$1,909,791$1,818,101$1,791,286$2,037,264
41$2,082,139$1,884,737$1,828,844$2,188,996
42$2,271,360$1,953,932$1,866,952$2,352,148
43$2,479,152$2,025,788$1,905,608$2,530,153
44$2,707,386$2,100,412$1,944,807$2,724,473
45$2,958,124$2,177,917$1,984,543$2,936,715
46$3,233,636$2,258,419$2,024,809$3,168,650
47$3,536,425$2,342,040$2,065,598$3,422,228
48$3,869,247$2,428,906$2,106,902$3,699,594
49$4,235,138$2,519,150$2,148,711$4,003,111
50$4,637,444$2,612,910$2,191,014$4,335,383
51$5,079,849$2,710,329$2,233,799$4,699,275
52$5,566,416$2,811,557$2,277,054$5,097,942
53$6,101,618$2,916,751$2,320,763$5,534,860
54$6,690,384$3,026,073$2,364,909$6,013,857
55$7,338,147$3,139,693$2,409,477$6,539,148
56$8,050,889$3,257,790$2,454,446$7,115,377
57$8,835,205$3,380,547$2,499,795$7,747,658
58$9,698,360$3,508,157$2,545,502$8,441,625
59$10,648,358$3,640,823$2,591,542$9,203,482
60$11,694,020$3,778,753$2,637,888$10,040,066
61$12,845,065$3,922,166$2,684,512$10,958,905
62$14,112,202$4,071,293$2,731,383$11,968,296
63$15,507,230$4,226,369$2,778,468$13,077,375
64$17,043,151$4,387,646$2,825,731$14,296,210
65$18,734,294$4,555,382$2,873,135$15,635,890
66$20,596,445$4,729,848$2,920,637$17,108,634
67$22,646,999$4,911,328$2,968,196$18,727,901
68$24,905,126$5,100,116$3,015,763$20,508,522
69$27,391,948$5,296,521$3,063,291$22,466,835
70$30,130,741$5,500,864$3,110,725$24,620,841
71$33,147,152$5,713,482$3,158,010$26,990,374
72$36,469,444$5,934,726$3,205,086$29,597,286
73$40,128,761$6,164,960$3,251,889$32,465,652
74$44,159,419$6,404,568$3,298,352$35,622,001
75$48,599,237$6,653,949$3,344,404$39,095,561
76$53,489,887$6,913,520$3,389,969$42,918,538
77$58,877,289$7,183,716$3,434,966$47,126,415
78$64,812,045$7,464,991$3,479,311$51,758,294
79$71,349,920$7,757,821$3,522,914$56,857,254
80$78,552,359$8,062,702$3,565,679$62,470,768
81$86,487,076$8,380,151$3,607,506$68,651,140
82$95,228,690$8,710,711$3,648,289$75,456,008
83$104,859,426$9,054,945$3,687,917$82,948,880
84$115,469,896$9,413,446$3,726,270$91,199,735
85$127,159,950$9,786,829$3,763,225$100,285,683
86$140,039,622$10,175,741$3,798,650$110,291,695
87$154,230,164$10,580,853$3,832,406$121,311,397
88$169,865,197$11,002,871$3,864,347$133,447,962
89$187,091,965$11,442,530$3,894,321$146,815,075
90$206,072,730$11,900,598$3,922,165$161,538,011
91$226,986,301$12,377,879$3,947,710$177,754,814
92$250,029,721$12,875,213$3,970,776$195,617,598
93$275,420,131$13,393,477$3,991,176$215,293,986
94$303,396,816$13,933,589$4,008,711$236,968,688
95$334,223,463$14,496,506$4,023,174$260,845,243
96$368,190,653$15,083,232$4,034,348$287,147,943
97$405,618,603$15,694,814$4,042,002$316,123,946
98$446,860,188$16,332,348$4,045,897$348,045,609
99$492,304,272$16,996,977$4,045,779$383,213,057
100$542,379,379$17,689,901$4,041,384$421,957,018