Can I retire at age 40 with 1,750,000?

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 $1,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$144,513$143,226$141,970$140,744$139,547$135,026
2 years$71,541$70,209$68,918$67,666$66,451$61,939
3 years$47,220$45,882$44,594$43,354$42,159$37,797
4 years$35,062$33,728$32,453$31,234$30,068$25,890
5 years$27,769$26,443$25,185$23,991$22,858$18,874
6 years$22,909$21,593$20,353$19,186$18,086$14,301
7 years$19,439$18,134$16,914$15,774$14,709$11,121
8 years$16,837$15,544$14,344$13,232$12,203$8,810
9 years$14,815$13,534$12,355$11,271$10,276$7,075
10 years$13,198$11,929$10,771$9,716$8,756$5,741
11 years$11,876$10,620$9,483$8,455$7,530$4,696
12 years$10,775$9,532$8,416$7,417$6,526$3,866
13 years$9,844$8,614$7,519$6,548$5,691$3,198
14 years$9,047$7,830$6,756$5,812$4,988$2,657
15 years$8,357$7,153$6,099$5,184$4,392$2,215
16 years$7,753$6,563$5,530$4,641$3,882$1,851
17 years$7,221$6,044$5,032$4,170$3,442$1,551
18 years$6,749$5,585$4,594$3,758$3,060$1,302
19 years$6,327$5,176$4,205$3,396$2,728$1,094
20 years$5,948$4,810$3,859$3,076$2,436$921
21 years$5,605$4,480$3,550$2,791$2,180$776
22 years$5,294$4,182$3,272$2,538$1,954$654
23 years$5,010$3,911$3,021$2,311$1,754$552
24 years$4,750$3,665$2,794$2,108$1,577$466
25 years$4,512$3,439$2,588$1,925$1,419$394
26 years$4,292$3,232$2,400$1,760$1,278$333
27 years$4,089$3,042$2,229$1,611$1,152$282
28 years$3,900$2,866$2,072$1,476$1,040$238
29 years$3,725$2,704$1,928$1,354$939$202
30 years$3,562$2,554$1,796$1,242$848$171
31 years$3,410$2,414$1,674$1,141$767$145
32 years$3,268$2,284$1,562$1,049$694$122
33 years$3,134$2,163$1,458$964$628$104
34 years$3,009$2,050$1,363$887$568$88
35 years$2,891$1,945$1,274$817$515$74
36 years$2,779$1,846$1,192$752$467$63
37 years$2,674$1,753$1,116$693$423$53
38 years$2,575$1,666$1,045$639$383$45
39 years$2,481$1,584$979$589$348$38
40 years$2,393$1,507$917$543$315$32
41 years$2,308$1,435$860$501$286$27
42 years$2,228$1,366$807$463$260$23
43 years$2,152$1,302$757$427$236$20
44 years$2,079$1,241$711$394$214$17
45 years$2,010$1,183$667$364$194$14
46 years$1,944$1,129$627$336$176$12
47 years$1,881$1,077$589$311$160$10
48 years$1,821$1,028$553$287$145$9
49 years$1,764$982$520$265$132$7
50 years$1,709$938$489$245$120$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,750,000, adding $6,024 every year, while hoping to spend $58,200 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: 36/47/17 Blend
39$1,750,000$1,750,000$1,750,000$1,750,000
40$1,934,714$1,841,964$1,814,839$1,994,134
41$2,070,130$1,870,296$1,813,712$2,066,087
42$2,217,409$1,898,065$1,810,596$2,137,786
43$2,377,697$1,925,183$1,805,364$2,213,959
44$2,552,260$1,951,555$1,797,881$2,295,034
45$2,742,487$1,977,078$1,788,007$2,381,490
46$2,949,909$2,001,643$1,775,593$2,473,853
47$3,176,211$2,025,134$1,760,486$2,572,708
48$3,423,245$2,047,427$1,742,524$2,678,701
49$3,693,054$2,068,388$1,721,536$2,792,545
50$3,987,883$2,087,877$1,697,345$2,915,031
51$4,310,206$2,105,742$1,669,765$3,047,034
52$4,662,746$2,121,822$1,638,601$3,189,521
53$5,048,501$2,135,947$1,603,650$3,343,560
54$5,470,773$2,147,933$1,564,697$3,510,335
55$5,933,198$2,157,588$1,521,520$3,691,154
56$6,439,779$2,164,705$1,473,886$3,887,461
57$6,994,925$2,169,064$1,421,550$4,100,856
58$7,603,493$2,170,433$1,364,257$4,333,105
59$8,270,829$2,168,564$1,301,739$4,586,162
60$9,002,824$2,163,195$1,233,719$4,862,184
61$9,805,967$2,154,046$1,159,903$5,163,557
62$10,687,404$2,140,822$1,079,987$5,492,918
63$11,655,005$2,123,208$993,653$5,853,177
64$12,717,443$2,100,873$900,568$6,247,553
65$13,884,268$2,073,462$800,383$6,679,600
66$15,166,004$2,040,602$692,736$7,153,245
67$16,574,241$2,001,896$577,248$7,672,824
68$18,121,750$1,956,925$453,521$8,243,127
69$19,822,597$1,905,244$321,144$8,869,444
70$21,692,283$1,846,381$179,683$9,557,615
71$23,747,882$1,779,840$28,688$10,314,091
72$26,008,206$1,705,092$0$11,145,990
73$28,493,981$1,621,580$0$12,085,201
74$31,228,043$1,528,714$0$13,123,492
75$34,235,551$1,425,868$0$14,265,326
76$37,544,226$1,312,384$0$15,521,376
77$41,184,610$1,187,564$0$16,903,412
78$45,190,356$1,050,670$0$18,424,422
79$49,598,542$900,923$0$20,098,730
80$54,450,025$737,500$0$21,942,139
81$59,789,820$559,530$0$23,972,077
82$65,667,531$366,096$0$26,207,770
83$72,137,811$156,226$0$28,670,421
84$79,260,883$0$0$31,383,415
85$87,103,107$0$0$34,409,318
86$95,737,603$0$0$37,830,189
87$105,244,942$0$0$41,597,189
88$115,713,905$0$0$45,745,535
89$127,242,323$0$0$50,314,034
90$139,937,996$0$0$55,345,447
91$153,919,712$0$0$60,886,895
92$169,318,366$0$0$66,990,300
93$186,278,196$0$0$73,712,881
94$204,958,144$0$0$81,117,687
95$225,533,353$0$0$89,274,195
96$248,196,822$0$0$98,258,965
97$273,161,225$0$0$108,156,364
98$300,660,920$0$0$119,059,360
99$330,954,157$0$0$131,070,400
100$364,325,518$0$0$144,302,375