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%15.4%
1 years$145,339$144,045$142,781$141,549$140,345$137,231
2 years$71,950$70,610$69,311$68,052$66,831$63,710
3 years$47,490$46,144$44,849$43,602$42,400$39,369
4 years$35,263$33,921$32,639$31,413$30,240$27,323
5 years$27,928$26,595$25,329$24,128$22,988$20,193
6 years$23,040$21,716$20,470$19,295$18,190$15,519
7 years$19,550$18,237$17,010$15,864$14,793$12,248
8 years$16,933$15,633$14,426$13,308$12,272$9,852
9 years$14,900$13,611$12,425$11,335$10,335$8,037
10 years$13,273$11,998$10,833$9,771$8,806$6,628
11 years$11,944$10,681$9,537$8,504$7,573$5,513
12 years$10,836$9,586$8,464$7,459$6,563$4,616
13 years$9,900$8,663$7,562$6,585$5,723$3,887
14 years$9,099$7,875$6,794$5,846$5,017$3,288
15 years$8,404$7,194$6,134$5,213$4,417$2,791
16 years$7,797$6,600$5,562$4,668$3,904$2,377
17 years$7,263$6,078$5,061$4,194$3,461$2,029
18 years$6,788$5,617$4,620$3,780$3,078$1,736
19 years$6,363$5,206$4,229$3,415$2,743$1,488
20 years$5,982$4,837$3,881$3,093$2,450$1,277
21 years$5,637$4,506$3,570$2,807$2,193$1,098
22 years$5,324$4,206$3,290$2,552$1,966$945
23 years$5,039$3,934$3,038$2,325$1,764$814
24 years$4,777$3,686$2,810$2,120$1,586$702
25 years$4,538$3,459$2,602$1,936$1,427$605
26 years$4,316$3,251$2,414$1,770$1,285$523
27 years$4,112$3,059$2,241$1,620$1,159$451
28 years$3,923$2,883$2,084$1,485$1,046$390
29 years$3,747$2,720$1,939$1,361$944$337
30 years$3,583$2,568$1,806$1,250$853$292
31 years$3,429$2,428$1,684$1,148$771$252
32 years$3,286$2,297$1,571$1,055$698$218
33 years$3,152$2,176$1,467$970$631$189
34 years$3,026$2,062$1,370$892$572$163
35 years$2,907$1,956$1,281$821$518$141
36 years$2,795$1,856$1,199$757$469$122
37 years$2,690$1,763$1,122$697$425$106
38 years$2,590$1,676$1,051$642$386$92
39 years$2,496$1,593$984$592$350$80
40 years$2,406$1,516$923$546$317$69
41 years$2,321$1,443$865$504$288$60
42 years$2,241$1,374$811$465$261$52
43 years$2,164$1,309$761$429$237$45
44 years$2,091$1,248$715$397$215$39
45 years$2,022$1,190$671$366$195$34
46 years$1,955$1,135$630$338$177$29
47 years$1,892$1,083$592$313$161$25
48 years$1,832$1,034$557$289$146$22
49 years$1,774$988$523$267$133$19
50 years$1,718$944$492$247$121$16

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 $5,901 every year, while hoping to spend $21,770 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: 44/45/11 Blend
39$1,760,000$1,760,000$1,760,000$1,760,000
40$1,945,607$1,852,327$1,825,047$2,024,827
41$2,120,896$1,919,928$1,863,023$2,148,115
42$2,313,334$1,990,111$1,901,541$2,278,986
43$2,524,649$2,062,982$1,940,598$2,420,339
44$2,756,742$2,138,646$1,980,186$2,573,149
45$3,011,707$2,217,217$2,020,300$2,738,483
46$3,291,852$2,298,812$2,060,931$2,917,515
47$3,599,721$2,383,554$2,102,072$3,111,533
48$3,938,113$2,471,568$2,143,712$3,321,956
49$4,310,114$2,562,989$2,185,840$3,550,341
50$4,719,125$2,657,955$2,228,445$3,798,400
51$5,168,890$2,756,609$2,271,512$4,068,016
52$5,663,536$2,859,102$2,315,027$4,361,259
53$6,207,610$2,965,591$2,358,974$4,680,407
54$6,806,121$3,076,240$2,403,334$5,027,962
55$7,464,588$3,191,218$2,448,088$5,406,680
56$8,189,092$3,310,704$2,493,216$5,819,591
57$8,986,334$3,434,883$2,538,693$6,270,028
58$9,863,696$3,563,948$2,584,495$6,761,660
59$10,829,313$3,698,101$2,630,595$7,298,524
60$11,892,147$3,837,553$2,676,965$7,885,060
61$13,062,075$3,982,522$2,723,572$8,526,160
62$14,349,980$4,133,239$2,770,385$9,227,202
63$15,767,851$4,289,940$2,817,366$9,994,110
64$17,328,901$4,452,877$2,864,477$10,833,404
65$19,047,690$4,622,309$2,911,678$11,752,262
66$20,940,259$4,798,507$2,958,924$12,758,585
67$23,024,286$4,981,754$3,006,168$13,861,072
68$25,319,249$5,172,346$3,053,361$15,069,303
69$27,846,613$5,370,591$3,100,449$16,393,826
70$30,630,029$5,576,812$3,147,375$17,846,253
71$33,695,560$5,791,344$3,194,081$19,439,373
72$37,071,925$6,014,538$3,240,500$21,187,272
73$40,790,771$6,246,760$3,286,567$23,105,458
74$44,886,971$6,488,392$3,332,208$25,211,014
75$49,398,953$6,739,834$3,377,348$27,522,752
76$54,369,063$7,001,503$3,421,906$30,061,393
77$59,843,963$7,273,832$3,465,795$32,849,758
78$65,875,075$7,557,278$3,508,927$35,912,985
79$72,519,062$7,852,313$3,551,205$39,278,761
80$79,838,364$8,159,435$3,592,529$42,977,586
81$87,901,789$8,479,159$3,632,791$47,043,056
82$96,785,161$8,812,027$3,671,878$51,512,178
83$106,572,035$9,158,604$3,709,674$56,425,719
84$117,354,486$9,519,479$3,746,051$61,828,590
85$129,233,978$9,895,267$3,780,878$67,770,264
86$142,322,322$10,286,614$3,814,015$74,305,244
87$156,742,731$10,694,190$3,845,317$81,493,575
88$172,630,983$11,118,699$3,874,629$89,401,407
89$190,136,703$11,560,875$3,901,788$98,101,618
90$209,424,772$12,021,484$3,926,624$107,674,499
91$230,676,890$12,501,327$3,948,957$118,208,511
92$254,093,284$13,001,243$3,968,598$129,801,113
93$279,894,601$13,522,107$3,985,349$142,559,684
94$308,323,993$14,064,832$3,999,000$156,602,532
95$339,649,406$14,630,375$4,009,333$172,060,004
96$374,166,118$15,219,736$4,016,118$189,075,722
97$412,199,517$15,833,958$4,019,113$207,807,924
98$454,108,180$16,474,134$4,018,065$228,430,964
99$500,287,251$17,141,404$4,012,707$251,136,950
100$551,172,179$17,836,961$4,002,762$276,137,552