Can I retire at age 40 with 1,770,000?

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 $1,770,000?

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$146,165$144,863$143,593$142,353$141,142$136,624
2 years$72,359$71,011$69,705$68,439$67,211$62,700
3 years$47,760$46,407$45,104$43,849$42,641$38,280
4 years$35,463$34,114$32,824$31,591$30,412$26,234
5 years$28,087$26,746$25,473$24,265$23,119$19,135
6 years$23,171$21,840$20,586$19,405$18,293$14,506
7 years$19,661$18,341$17,107$15,954$14,877$11,287
8 years$17,030$15,722$14,508$13,383$12,342$8,947
9 years$14,984$13,689$12,496$11,400$10,394$7,189
10 years$13,349$12,066$10,894$9,827$8,856$5,837
11 years$12,012$10,741$9,591$8,552$7,616$4,778
12 years$10,898$9,641$8,512$7,501$6,600$3,936
13 years$9,957$8,713$7,605$6,623$5,756$3,259
14 years$9,150$7,920$6,833$5,879$5,045$2,709
15 years$8,452$7,235$6,169$5,243$4,442$2,260
16 years$7,842$6,638$5,593$4,694$3,926$1,890
17 years$7,304$6,113$5,090$4,218$3,481$1,585
18 years$6,826$5,649$4,646$3,801$3,095$1,331
19 years$6,399$5,235$4,253$3,435$2,759$1,120
20 years$6,016$4,865$3,904$3,111$2,464$943
21 years$5,669$4,531$3,590$2,823$2,205$795
22 years$5,354$4,230$3,309$2,567$1,977$671
23 years$5,067$3,956$3,055$2,338$1,774$567
24 years$4,805$3,707$2,826$2,132$1,595$479
25 years$4,563$3,478$2,617$1,947$1,435$405
26 years$4,341$3,269$2,427$1,780$1,293$343
27 years$4,135$3,077$2,254$1,630$1,166$290
28 years$3,945$2,899$2,095$1,493$1,052$246
29 years$3,768$2,735$1,950$1,369$950$208
30 years$3,603$2,583$1,816$1,257$858$176
31 years$3,449$2,442$1,693$1,154$776$149
32 years$3,305$2,310$1,580$1,061$702$127
33 years$3,170$2,188$1,475$975$635$107
34 years$3,043$2,074$1,378$897$575$91
35 years$2,924$1,967$1,289$826$521$77
36 years$2,811$1,867$1,205$761$472$65
37 years$2,705$1,773$1,128$701$428$55
38 years$2,605$1,685$1,057$646$388$47
39 years$2,510$1,602$990$596$352$40
40 years$2,420$1,524$928$550$319$34
41 years$2,335$1,451$870$507$289$29
42 years$2,253$1,382$816$468$263$24
43 years$2,176$1,317$766$432$238$21
44 years$2,103$1,255$719$399$216$17
45 years$2,033$1,197$675$368$196$15
46 years$1,966$1,142$634$340$178$13
47 years$1,903$1,090$596$314$162$11
48 years$1,842$1,040$560$290$147$9
49 years$1,784$993$526$268$134$8
50 years$1,728$949$495$248$121$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,770,000, adding $6,204 every year, while hoping to spend $45,556 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: 59/14/27 Blend
39$1,770,000$1,770,000$1,770,000$1,770,000
40$1,956,939$1,863,129$1,835,694$2,057,737
41$2,108,076$1,905,952$1,848,719$2,170,101
42$2,273,102$1,949,345$1,860,653$2,287,216
43$2,453,385$1,993,290$1,871,412$2,414,009
44$2,650,433$2,037,764$1,880,907$2,551,429
45$2,865,904$2,082,741$1,889,044$2,700,528
46$3,101,624$2,128,193$1,895,725$2,862,459
47$3,359,605$2,174,090$1,900,847$3,038,499
48$3,642,061$2,220,397$1,904,301$3,230,050
49$3,951,430$2,267,075$1,905,975$3,438,663
50$4,290,398$2,314,084$1,905,747$3,666,042
51$4,661,923$2,361,378$1,903,493$3,914,070
52$5,069,260$2,408,907$1,899,082$4,184,821
53$5,515,999$2,456,618$1,892,375$4,480,580
54$6,006,090$2,504,451$1,883,229$4,803,868
55$6,543,885$2,552,343$1,871,491$5,157,464
56$7,134,178$2,600,225$1,857,003$5,544,429
57$7,782,250$2,648,021$1,839,598$5,968,140
58$8,493,917$2,695,652$1,819,102$6,432,318
59$9,275,588$2,743,030$1,795,333$6,941,067
60$10,134,320$2,790,061$1,768,099$7,498,908
61$11,077,891$2,836,644$1,737,201$8,110,827
62$12,114,867$2,882,670$1,702,428$8,782,321
63$13,254,686$2,928,024$1,663,562$9,519,446
64$14,507,745$2,972,579$1,620,373$10,328,882
65$15,885,501$3,016,201$1,572,621$11,217,990
66$17,400,574$3,058,747$1,520,056$12,194,885
67$19,066,869$3,100,062$1,462,414$13,268,511
68$20,899,706$3,139,981$1,399,422$14,448,731
69$22,915,966$3,178,330$1,330,791$15,746,411
70$25,134,245$3,214,918$1,256,224$17,173,535
71$27,575,035$3,249,547$1,175,405$18,743,307
72$30,260,915$3,282,001$1,088,007$20,470,284
73$33,216,760$3,312,051$993,687$22,370,514
74$36,469,983$3,339,455$892,089$24,461,682
75$40,050,786$3,363,953$782,839$26,763,284
76$43,992,448$3,385,268$665,546$29,296,807
77$48,331,639$3,403,107$539,802$32,085,938
78$53,108,764$3,417,157$405,183$35,156,782
79$58,368,345$3,427,086$261,245$38,538,116
80$64,159,442$3,432,539$107,522$42,261,654
81$70,536,113$3,433,141$0$46,362,355
82$77,557,926$3,428,494$0$50,895,035
83$85,290,518$3,418,173$0$55,919,991
84$93,806,217$3,401,730$0$61,453,173
85$103,184,723$3,378,688$0$67,546,330
86$113,513,861$3,348,539$0$74,256,489
87$124,890,406$3,310,749$0$81,646,490
88$137,421,001$3,264,749$0$89,785,585
89$151,223,156$3,209,935$0$98,750,089
90$166,426,365$3,145,669$0$108,624,101
91$183,173,323$3,071,276$0$119,500,296
92$201,621,272$2,986,038$0$131,480,805
93$221,943,487$2,889,198$0$144,678,173
94$244,330,907$2,779,954$0$159,216,428
95$268,993,944$2,657,456$0$175,232,248
96$296,164,462$2,520,807$0$192,876,252
97$326,097,965$2,369,055$0$212,314,425
98$359,076,015$2,201,196$0$233,729,682
99$395,408,882$2,016,168$0$257,323,597
100$435,438,476$1,812,848$0$283,318,306