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

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$142,862$141,589$140,348$139,136$137,953$136,569
2 years$70,724$69,406$68,130$66,892$65,692$64,298
3 years$46,681$45,358$44,085$42,859$41,678$40,317
4 years$34,662$33,343$32,082$30,877$29,725$28,408
5 years$27,452$26,141$24,897$23,717$22,596$21,327
6 years$22,647$21,346$20,121$18,966$17,880$16,660
7 years$19,217$17,927$16,720$15,593$14,541$13,371
8 years$16,645$15,366$14,180$13,081$12,063$10,942
9 years$14,646$13,379$12,213$11,142$10,159$9,087
10 years$13,047$11,793$10,648$9,604$8,656$7,633
11 years$11,740$10,499$9,374$8,359$7,444$6,469
12 years$10,652$9,423$8,319$7,332$6,451$5,523
13 years$9,732$8,516$7,433$6,473$5,626$4,743
14 years$8,943$7,741$6,678$5,746$4,931$4,093
15 years$8,261$7,071$6,030$5,124$4,342$3,547
16 years$7,665$6,488$5,467$4,588$3,837$3,084
17 years$7,139$5,975$4,975$4,123$3,402$2,690
18 years$6,672$5,521$4,541$3,715$3,025$2,352
19 years$6,255$5,117$4,157$3,357$2,697$2,061
20 years$5,880$4,755$3,815$3,040$2,409$1,809
21 years$5,541$4,429$3,509$2,759$2,155$1,591
22 years$5,233$4,134$3,234$2,509$1,932$1,401
23 years$4,953$3,867$2,986$2,285$1,734$1,235
24 years$4,696$3,623$2,762$2,084$1,559$1,090
25 years$4,460$3,400$2,558$1,903$1,403$963
26 years$4,243$3,195$2,372$1,740$1,264$851
27 years$4,042$3,007$2,203$1,593$1,139$753
28 years$3,856$2,834$2,048$1,459$1,028$667
29 years$3,683$2,673$1,906$1,338$928$591
30 years$3,522$2,525$1,775$1,228$839$524
31 years$3,371$2,387$1,655$1,128$758$464
32 years$3,230$2,258$1,544$1,037$686$412
33 years$3,098$2,139$1,442$953$621$365
34 years$2,974$2,027$1,347$877$562$324
35 years$2,858$1,922$1,259$807$509$288
36 years$2,748$1,825$1,178$744$461$256
37 years$2,644$1,733$1,103$685$418$227
38 years$2,546$1,647$1,033$632$379$202
39 years$2,453$1,566$968$582$344$179
40 years$2,365$1,490$907$537$312$159
41 years$2,282$1,418$850$496$283$142
42 years$2,203$1,351$798$457$257$126
43 years$2,127$1,287$748$422$233$112
44 years$2,055$1,227$703$390$211$99
45 years$1,987$1,170$660$360$192$88
46 years$1,922$1,116$620$333$174$79
47 years$1,860$1,065$582$307$158$70
48 years$1,800$1,017$547$284$144$62
49 years$1,743$971$514$262$130$55
50 years$1,689$927$483$242$119$49

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 $6,496 every year, while hoping to spend $33,778 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: 79/14/7 Blend
39$1,730,000$1,730,000$1,730,000$1,730,000
40$1,913,161$1,821,471$1,794,656$2,062,293
41$2,072,363$1,874,783$1,818,837$2,214,299
42$2,246,673$1,929,576$1,842,696$2,375,924
43$2,437,594$1,985,886$1,866,187$2,552,211
44$2,646,785$2,043,750$1,889,261$2,744,603
45$2,876,071$2,103,208$1,911,865$2,954,693
46$3,127,462$2,164,297$1,933,944$3,184,233
47$3,403,173$2,227,057$1,955,441$3,435,153
48$3,705,643$2,291,529$1,976,295$3,709,577
49$4,037,558$2,357,754$1,996,440$4,009,845
50$4,401,878$2,425,773$2,015,810$4,338,535
51$4,801,862$2,495,628$2,034,332$4,698,487
52$5,241,100$2,567,362$2,051,931$5,092,825
53$5,723,548$2,641,019$2,068,526$5,524,996
54$6,253,564$2,716,643$2,084,036$5,998,793
55$6,835,947$2,794,278$2,098,370$6,518,394
56$7,475,985$2,873,969$2,111,437$7,088,404
57$8,179,504$2,955,762$2,123,139$7,713,895
58$8,952,923$3,039,704$2,133,374$8,400,453
59$9,803,313$3,125,841$2,142,034$9,154,234
60$10,738,464$3,214,220$2,149,005$9,982,019
61$11,766,960$3,304,889$2,154,169$10,891,279
62$12,898,257$3,397,896$2,157,400$11,890,246
63$14,142,775$3,493,289$2,158,569$12,987,987
64$15,511,994$3,591,116$2,157,537$14,194,495
65$17,018,563$3,691,426$2,154,160$15,520,778
66$18,676,418$3,794,269$2,148,287$16,978,967
67$20,500,917$3,899,692$2,139,759$18,582,426
68$22,508,980$4,007,746$2,128,410$20,345,880
69$24,719,249$4,118,479$2,114,065$22,285,555
70$27,152,268$4,231,940$2,096,541$24,419,330
71$29,830,672$4,348,177$2,075,648$26,766,904
72$32,779,402$4,467,240$2,051,184$29,349,983
73$36,025,942$4,589,176$2,022,940$32,192,486
74$39,600,575$4,714,032$1,990,695$35,320,768
75$43,536,670$4,841,856$1,954,220$38,763,870
76$47,870,997$4,972,694$1,913,273$42,553,793
77$52,644,074$5,106,591$1,867,602$46,725,799
78$57,900,547$5,243,591$1,816,944$51,318,744
79$63,689,613$5,383,737$1,761,023$56,375,446
80$70,065,485$5,527,072$1,699,549$61,943,086
81$77,087,902$5,673,636$1,632,221$68,073,656
82$84,822,690$5,823,467$1,558,723$74,824,446
83$93,342,390$5,976,602$1,478,725$82,258,591
84$102,726,934$6,133,076$1,391,883$90,445,659
85$113,064,406$6,292,921$1,297,835$99,462,311
86$124,451,869$6,456,167$1,196,206$109,393,028
87$136,996,282$6,622,842$1,086,601$120,330,902
88$150,815,510$6,792,968$968,610$132,378,518
89$166,039,436$6,966,568$841,802$145,648,921
90$182,811,186$7,143,657$705,730$160,266,685
91$201,288,480$7,324,249$559,925$176,369,085
92$221,645,120$7,508,353$403,898$194,107,398
93$244,072,632$7,695,972$237,138$213,648,325
94$268,782,071$7,887,105$59,113$235,175,569
95$296,006,015$8,081,746$0$258,891,567
96$326,000,758$8,279,881$0$285,029,174
97$359,048,732$8,481,492$0$313,829,797
98$395,461,171$8,686,553$0$345,559,965
99$435,581,046$8,895,030$0$380,518,258
100$479,786,308$9,106,882$0$419,033,707