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%15.8%
1 years$142,862$141,589$140,348$139,136$137,953$134,672
2 years$70,724$69,406$68,130$66,892$65,692$62,406
3 years$46,681$45,358$44,085$42,859$41,678$38,489
4 years$34,662$33,343$32,082$30,877$29,725$26,658
5 years$27,452$26,141$24,897$23,717$22,596$19,660
6 years$22,647$21,346$20,121$18,966$17,880$15,077
7 years$19,217$17,927$16,720$15,593$14,541$11,872
8 years$16,645$15,366$14,180$13,081$12,063$9,527
9 years$14,646$13,379$12,213$11,142$10,159$7,753
10 years$13,047$11,793$10,648$9,604$8,656$6,378
11 years$11,740$10,499$9,374$8,359$7,444$5,292
12 years$10,652$9,423$8,319$7,332$6,451$4,420
13 years$9,732$8,516$7,433$6,473$5,626$3,712
14 years$8,943$7,741$6,678$5,746$4,931$3,131
15 years$8,261$7,071$6,030$5,124$4,342$2,650
16 years$7,665$6,488$5,467$4,588$3,837$2,250
17 years$7,139$5,975$4,975$4,123$3,402$1,916
18 years$6,672$5,521$4,541$3,715$3,025$1,634
19 years$6,255$5,117$4,157$3,357$2,697$1,397
20 years$5,880$4,755$3,815$3,040$2,409$1,195
21 years$5,541$4,429$3,509$2,759$2,155$1,024
22 years$5,233$4,134$3,234$2,509$1,932$879
23 years$4,953$3,867$2,986$2,285$1,734$755
24 years$4,696$3,623$2,762$2,084$1,559$649
25 years$4,460$3,400$2,558$1,903$1,403$558
26 years$4,243$3,195$2,372$1,740$1,264$480
27 years$4,042$3,007$2,203$1,593$1,139$413
28 years$3,856$2,834$2,048$1,459$1,028$356
29 years$3,683$2,673$1,906$1,338$928$307
30 years$3,522$2,525$1,775$1,228$839$264
31 years$3,371$2,387$1,655$1,128$758$228
32 years$3,230$2,258$1,544$1,037$686$196
33 years$3,098$2,139$1,442$953$621$169
34 years$2,974$2,027$1,347$877$562$146
35 years$2,858$1,922$1,259$807$509$126
36 years$2,748$1,825$1,178$744$461$109
37 years$2,644$1,733$1,103$685$418$94
38 years$2,546$1,647$1,033$632$379$81
39 years$2,453$1,566$968$582$344$70
40 years$2,365$1,490$907$537$312$60
41 years$2,282$1,418$850$496$283$52
42 years$2,203$1,351$798$457$257$45
43 years$2,127$1,287$748$422$233$39
44 years$2,055$1,227$703$390$211$34
45 years$1,987$1,170$660$360$192$29
46 years$1,922$1,116$620$333$174$25
47 years$1,860$1,065$582$307$158$22
48 years$1,800$1,017$547$284$144$19
49 years$1,743$971$514$262$130$16
50 years$1,689$927$483$242$119$14

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 $6,258 every year, while hoping to spend $58,670 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: 55/30/15 Blend
39$1,730,000$1,730,000$1,730,000$1,730,000
40$1,912,915$1,821,225$1,794,410$2,010,246
41$2,045,608$1,848,041$1,792,098$2,103,975
42$2,189,869$1,874,204$1,787,743$2,199,119
43$2,346,817$1,899,621$1,781,213$2,301,385
44$2,517,681$1,924,191$1,772,373$2,411,466
45$2,703,815$1,947,807$1,761,078$2,530,127
46$2,906,708$1,970,354$1,747,178$2,658,210
47$3,128,001$1,991,710$1,730,517$2,796,647
48$3,369,497$2,011,743$1,710,929$2,946,465
49$3,633,182$2,030,315$1,688,242$3,108,798
50$3,921,243$2,047,277$1,662,274$3,284,895
51$4,236,087$2,062,471$1,632,838$3,476,137
52$4,580,364$2,075,727$1,599,733$3,684,046
53$4,956,991$2,086,868$1,562,754$3,910,303
54$5,369,180$2,095,701$1,521,683$4,156,760
55$5,820,471$2,102,024$1,476,294$4,425,464
56$6,314,757$2,105,622$1,426,348$4,718,670
57$6,856,330$2,106,265$1,371,598$5,038,870
58$7,449,913$2,103,709$1,311,784$5,388,808
59$8,100,710$2,097,697$1,246,635$5,771,517
60$8,814,452$2,087,954$1,175,867$6,190,340
61$9,597,451$2,074,189$1,099,183$6,648,965
62$10,456,660$2,056,092$1,016,274$7,151,460
63$11,399,736$2,033,338$926,816$7,702,316
64$12,435,116$2,005,578$830,471$8,306,482
65$13,572,091$1,972,445$726,886$8,969,422
66$14,820,899$1,933,549$615,691$9,697,160
67$16,192,815$1,888,478$496,501$10,496,341
68$17,700,263$1,836,794$368,915$11,374,295
69$19,356,928$1,778,034$232,511$12,339,106
70$21,177,886$1,711,710$86,852$13,399,691
71$23,179,748$1,637,302$0$14,565,883
72$25,380,815$1,554,261$0$15,859,507
73$27,801,247$1,462,009$0$17,297,092
74$30,463,258$1,359,932$0$18,877,993
75$33,391,323$1,247,381$0$20,616,840
76$36,612,406$1,123,670$0$22,529,759
77$40,156,216$988,076$0$24,634,530
78$44,055,490$839,832$0$26,950,752
79$48,346,296$678,128$0$29,500,031
80$53,068,373$502,112$0$32,306,183
81$58,265,511$310,879$0$35,395,466
82$63,985,958$103,478$0$38,796,821
83$70,282,878$0$0$42,542,154
84$77,214,850$0$0$46,706,613
85$84,846,421$0$0$51,329,169
86$93,248,716$0$0$56,418,768
87$102,500,106$0$0$62,022,908
88$112,686,947$0$0$68,193,927
89$123,904,400$0$0$74,989,498
90$136,257,319$0$0$82,473,170
91$149,861,248$0$0$90,714,971
92$164,843,507$0$0$99,792,066
93$181,344,393$0$0$109,789,486
94$199,518,505$0$0$120,800,930
95$219,536,202$0$0$132,929,648
96$241,585,208$0$0$146,289,416
97$265,872,386$0$0$161,005,611
98$292,625,690$0$0$177,216,390
99$322,096,312$0$0$195,073,996
100$354,561,055$0$0$214,746,197