Can I retire at age 40 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$145,339$144,045$142,781$141,549$140,345$135,852
2 years$71,950$70,610$69,311$68,052$66,831$62,346
3 years$47,490$46,144$44,849$43,602$42,400$38,064
4 years$35,263$33,921$32,639$31,413$30,240$26,086
5 years$27,928$26,595$25,329$24,128$22,988$19,027
6 years$23,040$21,716$20,470$19,295$18,190$14,424
7 years$19,550$18,237$17,010$15,864$14,793$11,224
8 years$16,933$15,633$14,426$13,308$12,272$8,896
9 years$14,900$13,611$12,425$11,335$10,335$7,149
10 years$13,273$11,998$10,833$9,771$8,806$5,804
11 years$11,944$10,681$9,537$8,504$7,573$4,751
12 years$10,836$9,586$8,464$7,459$6,563$3,913
13 years$9,900$8,663$7,562$6,585$5,723$3,240
14 years$9,099$7,875$6,794$5,846$5,017$2,694
15 years$8,404$7,194$6,134$5,213$4,417$2,247
16 years$7,797$6,600$5,562$4,668$3,904$1,879
17 years$7,263$6,078$5,061$4,194$3,461$1,576
18 years$6,788$5,617$4,620$3,780$3,078$1,323
19 years$6,363$5,206$4,229$3,415$2,743$1,113
20 years$5,982$4,837$3,881$3,093$2,450$938
21 years$5,637$4,506$3,570$2,807$2,193$791
22 years$5,324$4,206$3,290$2,552$1,966$667
23 years$5,039$3,934$3,038$2,325$1,764$564
24 years$4,777$3,686$2,810$2,120$1,586$476
25 years$4,538$3,459$2,602$1,936$1,427$403
26 years$4,316$3,251$2,414$1,770$1,285$341
27 years$4,112$3,059$2,241$1,620$1,159$289
28 years$3,923$2,883$2,084$1,485$1,046$244
29 years$3,747$2,720$1,939$1,361$944$207
30 years$3,583$2,568$1,806$1,250$853$175
31 years$3,429$2,428$1,684$1,148$771$148
32 years$3,286$2,297$1,571$1,055$698$126
33 years$3,152$2,176$1,467$970$631$107
34 years$3,026$2,062$1,370$892$572$90
35 years$2,907$1,956$1,281$821$518$77
36 years$2,795$1,856$1,199$757$469$65
37 years$2,690$1,763$1,122$697$425$55
38 years$2,590$1,676$1,051$642$386$47
39 years$2,496$1,593$984$592$350$40
40 years$2,406$1,516$923$546$317$34
41 years$2,321$1,443$865$504$288$28
42 years$2,241$1,374$811$465$261$24
43 years$2,164$1,309$761$429$237$20
44 years$2,091$1,248$715$397$215$17
45 years$2,022$1,190$671$366$195$15
46 years$1,955$1,135$630$338$177$12
47 years$1,892$1,083$592$313$161$11
48 years$1,832$1,034$557$289$146$9
49 years$1,774$988$523$267$133$8
50 years$1,718$944$492$247$121$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,760,000, adding $6,694 every year, while hoping to spend $51,687 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: 70/14/16 Blend
39$1,760,000$1,760,000$1,760,000$1,760,000
40$1,946,425$1,853,145$1,825,865$2,074,973
41$2,089,966$1,888,954$1,832,037$2,197,156
42$2,246,415$1,924,786$1,836,683$2,324,016
43$2,417,036$1,960,587$1,839,698$2,461,539
44$2,603,216$1,996,299$1,840,971$2,610,768
45$2,806,486$2,031,859$1,840,385$2,772,855
46$3,028,529$2,067,201$1,837,819$2,949,068
47$3,271,196$2,102,252$1,833,144$3,140,805
48$3,536,529$2,136,933$1,826,225$3,349,607
49$3,826,774$2,171,161$1,816,922$3,577,170
50$4,144,404$2,204,847$1,805,088$3,825,365
51$4,492,141$2,237,893$1,790,567$4,096,254
52$4,872,986$2,270,196$1,773,197$4,392,106
53$5,290,240$2,301,645$1,752,809$4,715,427
54$5,747,541$2,332,122$1,729,224$5,068,975
55$6,248,894$2,361,500$1,702,257$5,455,791
56$6,798,710$2,389,642$1,671,712$5,879,225
57$7,401,850$2,416,406$1,637,385$6,342,971
58$8,063,664$2,441,635$1,599,063$6,851,101
59$8,790,048$2,465,166$1,556,522$7,408,100
60$9,587,496$2,486,822$1,509,529$8,018,915
61$10,463,161$2,506,417$1,457,838$8,688,994
62$11,424,923$2,523,750$1,401,195$9,424,345
63$12,481,461$2,538,611$1,339,331$10,231,589
64$13,642,339$2,550,772$1,271,968$11,118,024
65$14,918,092$2,559,994$1,198,813$12,091,693
66$16,320,324$2,566,020$1,119,561$13,161,460
67$17,861,823$2,568,581$1,033,892$14,337,097
68$19,556,675$2,567,388$941,473$15,629,372
69$21,420,400$2,562,133$841,956$17,050,156
70$23,470,096$2,552,493$734,977$18,612,531
71$25,724,602$2,538,122$620,155$20,330,916
72$28,204,676$2,518,655$497,095$22,221,204
73$30,933,187$2,493,702$365,381$24,300,911
74$33,935,332$2,462,854$224,582$26,589,344
75$37,238,876$2,425,673$74,245$29,107,780
76$40,874,408$2,381,698$0$31,879,673
77$44,875,635$2,330,439$0$34,945,584
78$49,279,696$2,271,377$0$38,333,771
79$54,127,515$2,203,964$0$42,063,031
80$59,464,181$2,127,618$0$46,168,063
81$65,339,381$2,041,724$0$50,687,103
82$71,807,861$1,945,632$0$55,662,288
83$78,929,948$1,838,654$0$61,140,050
84$86,772,115$1,720,060$0$67,171,560
85$95,407,610$1,589,082$0$73,813,207
86$104,917,144$1,444,905$0$81,127,134
87$115,389,656$1,286,669$0$89,181,820
88$126,923,150$1,113,464$0$98,052,730
89$139,625,619$924,331$0$107,823,030
90$153,616,062$718,254$0$118,584,366
91$169,025,613$494,161$0$130,437,736
92$185,998,771$250,920$0$143,494,440
93$204,694,766$0$0$157,877,132
94$225,289,062$0$0$173,722,930
95$247,975,012$0$0$191,220,823
96$272,965,683$0$0$210,496,512
97$300,495,865$0$0$231,731,114
98$330,824,287$0$0$255,124,210
99$364,236,061$0$0$280,895,733
100$401,045,368$0$0$309,288,039