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

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$145,339$144,045$142,781$141,549$140,345$135,258
2 years$71,950$70,610$69,311$68,052$66,831$61,762
3 years$47,490$46,144$44,849$43,602$42,400$37,508
4 years$35,263$33,921$32,639$31,413$30,240$25,562
5 years$27,928$26,595$25,329$24,128$22,988$18,537
6 years$23,040$21,716$20,470$19,295$18,190$13,969
7 years$19,550$18,237$17,010$15,864$14,793$10,801
8 years$16,933$15,633$14,426$13,308$12,272$8,506
9 years$14,900$13,611$12,425$11,335$10,335$6,789
10 years$13,273$11,998$10,833$9,771$8,806$5,474
11 years$11,944$10,681$9,537$8,504$7,573$4,449
12 years$10,836$9,586$8,464$7,459$6,563$3,638
13 years$9,900$8,663$7,562$6,585$5,723$2,989
14 years$9,099$7,875$6,794$5,846$5,017$2,466
15 years$8,404$7,194$6,134$5,213$4,417$2,041
16 years$7,797$6,600$5,562$4,668$3,904$1,694
17 years$7,263$6,078$5,061$4,194$3,461$1,409
18 years$6,788$5,617$4,620$3,780$3,078$1,173
19 years$6,363$5,206$4,229$3,415$2,743$979
20 years$5,982$4,837$3,881$3,093$2,450$818
21 years$5,637$4,506$3,570$2,807$2,193$684
22 years$5,324$4,206$3,290$2,552$1,966$572
23 years$5,039$3,934$3,038$2,325$1,764$479
24 years$4,777$3,686$2,810$2,120$1,586$401
25 years$4,538$3,459$2,602$1,936$1,427$336
26 years$4,316$3,251$2,414$1,770$1,285$282
27 years$4,112$3,059$2,241$1,620$1,159$237
28 years$3,923$2,883$2,084$1,485$1,046$199
29 years$3,747$2,720$1,939$1,361$944$167
30 years$3,583$2,568$1,806$1,250$853$140
31 years$3,429$2,428$1,684$1,148$771$117
32 years$3,286$2,297$1,571$1,055$698$99
33 years$3,152$2,176$1,467$970$631$83
34 years$3,026$2,062$1,370$892$572$70
35 years$2,907$1,956$1,281$821$518$58
36 years$2,795$1,856$1,199$757$469$49
37 years$2,690$1,763$1,122$697$425$41
38 years$2,590$1,676$1,051$642$386$35
39 years$2,496$1,593$984$592$350$29
40 years$2,406$1,516$923$546$317$24
41 years$2,321$1,443$865$504$288$21
42 years$2,241$1,374$811$465$261$17
43 years$2,164$1,309$761$429$237$15
44 years$2,091$1,248$715$397$215$12
45 years$2,022$1,190$671$366$195$10
46 years$1,955$1,135$630$338$177$9
47 years$1,892$1,083$592$313$161$7
48 years$1,832$1,034$557$289$146$6
49 years$1,774$988$523$267$133$5
50 years$1,718$944$492$247$121$4

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 $5,927 every year, while hoping to spend $38,181 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: 67/10/23 Blend
39$1,760,000$1,760,000$1,760,000$1,760,000
40$1,945,634$1,852,354$1,825,074$2,064,185
41$2,103,464$1,902,495$1,845,589$2,194,638
42$2,276,113$1,953,813$1,865,513$2,332,334
43$2,465,053$2,006,326$1,884,783$2,482,032
44$2,671,903$2,060,050$1,903,338$2,644,914
45$2,898,447$2,115,003$1,921,110$2,822,283
46$3,146,650$2,171,200$1,938,029$3,015,576
47$3,418,676$2,228,655$1,954,020$3,226,372
48$3,716,906$2,287,385$1,969,005$3,456,415
49$4,043,966$2,347,403$1,982,902$3,707,625
50$4,402,747$2,408,721$1,995,625$3,982,116
51$4,796,431$2,471,353$2,007,083$4,282,219
52$5,228,526$2,535,308$2,017,179$4,610,502
53$5,702,895$2,600,597$2,025,814$4,969,795
54$6,223,792$2,667,229$2,032,881$5,363,214
55$6,795,907$2,735,211$2,038,270$5,794,197
56$7,424,401$2,804,548$2,041,864$6,266,527
57$8,114,964$2,875,245$2,043,541$6,784,377
58$8,873,863$2,947,304$2,043,172$7,352,344
59$9,708,001$3,020,726$2,040,622$7,975,493
60$10,624,985$3,095,510$2,035,751$8,659,407
61$11,633,195$3,171,651$2,028,410$9,410,237
62$12,741,862$3,249,144$2,018,443$10,234,763
63$13,961,160$3,327,979$2,005,688$11,140,456
64$15,302,293$3,408,146$1,989,974$12,135,547
65$16,777,611$3,489,629$1,971,123$13,229,111
66$18,400,718$3,572,411$1,948,945$14,431,146
67$20,186,603$3,656,470$1,923,247$15,752,671
68$22,151,782$3,741,783$1,893,821$17,205,827
69$24,314,453$3,828,320$1,860,453$18,803,999
70$26,694,666$3,916,047$1,822,918$20,561,933
71$29,314,516$4,004,927$1,780,980$22,495,882
72$32,198,346$4,094,918$1,734,392$24,623,758
73$35,372,980$4,185,971$1,682,896$26,965,299
74$38,867,974$4,278,034$1,626,223$29,542,258
75$42,715,896$4,371,046$1,564,091$32,378,609
76$46,952,633$4,464,943$1,496,203$35,500,771
77$51,617,729$4,559,652$1,422,253$38,937,861
78$56,754,756$4,655,094$1,341,917$42,721,965
79$62,411,728$4,751,180$1,254,858$46,888,446
80$68,641,553$4,847,817$1,160,725$51,476,272
81$75,502,530$4,944,899$1,059,148$56,528,392
82$83,058,903$5,042,314$949,744$62,092,136
83$91,381,462$5,139,938$832,111$68,219,662
84$100,548,214$5,237,638$705,830$74,968,454
85$110,645,119$5,335,269$570,463$82,401,860
86$121,766,900$5,432,676$425,552$90,589,693
87$134,017,935$5,529,689$270,619$99,608,889
88$147,513,247$5,626,126$105,167$109,544,236
89$162,379,583$5,721,791$0$120,489,174
90$178,756,615$5,816,473$0$132,564,199
91$196,798,255$5,909,946$0$145,893,952
92$216,674,109$6,001,965$0$160,577,797
93$238,571,077$6,092,270$0$176,753,702
94$262,695,116$6,180,580$0$194,573,702
95$289,273,185$6,266,596$0$214,205,339
96$318,555,387$6,349,997$0$235,833,238
97$350,817,329$6,430,438$0$259,660,854
98$386,362,721$6,507,554$0$285,912,389
99$425,526,247$6,580,953$0$314,834,911
100$468,676,720$6,650,216$0$346,700,685