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

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$146,165$144,863$143,593$142,353$141,142$136,134
2 years$72,359$71,011$69,705$68,439$67,211$62,219
3 years$47,760$46,407$45,104$43,849$42,641$37,822
4 years$35,463$34,114$32,824$31,591$30,412$25,802
5 years$28,087$26,746$25,473$24,265$23,119$18,731
6 years$23,171$21,840$20,586$19,405$18,293$14,130
7 years$19,661$18,341$17,107$15,954$14,877$10,938
8 years$17,030$15,722$14,508$13,383$12,342$8,624
9 years$14,984$13,689$12,496$11,400$10,394$6,892
10 years$13,349$12,066$10,894$9,827$8,856$5,564
11 years$12,012$10,741$9,591$8,552$7,616$4,528
12 years$10,898$9,641$8,512$7,501$6,600$3,708
13 years$9,957$8,713$7,605$6,623$5,756$3,051
14 years$9,150$7,920$6,833$5,879$5,045$2,521
15 years$8,452$7,235$6,169$5,243$4,442$2,089
16 years$7,842$6,638$5,593$4,694$3,926$1,736
17 years$7,304$6,113$5,090$4,218$3,481$1,446
18 years$6,826$5,649$4,646$3,801$3,095$1,206
19 years$6,399$5,235$4,253$3,435$2,759$1,008
20 years$6,016$4,865$3,904$3,111$2,464$843
21 years$5,669$4,531$3,590$2,823$2,205$706
22 years$5,354$4,230$3,309$2,567$1,977$592
23 years$5,067$3,956$3,055$2,338$1,774$496
24 years$4,805$3,707$2,826$2,132$1,595$416
25 years$4,563$3,478$2,617$1,947$1,435$350
26 years$4,341$3,269$2,427$1,780$1,293$294
27 years$4,135$3,077$2,254$1,630$1,166$247
28 years$3,945$2,899$2,095$1,493$1,052$207
29 years$3,768$2,735$1,950$1,369$950$174
30 years$3,603$2,583$1,816$1,257$858$147
31 years$3,449$2,442$1,693$1,154$776$123
32 years$3,305$2,310$1,580$1,061$702$104
33 years$3,170$2,188$1,475$975$635$87
34 years$3,043$2,074$1,378$897$575$73
35 years$2,924$1,967$1,289$826$521$62
36 years$2,811$1,867$1,205$761$472$52
37 years$2,705$1,773$1,128$701$428$44
38 years$2,605$1,685$1,057$646$388$37
39 years$2,510$1,602$990$596$352$31
40 years$2,420$1,524$928$550$319$26
41 years$2,335$1,451$870$507$289$22
42 years$2,253$1,382$816$468$263$18
43 years$2,176$1,317$766$432$238$16
44 years$2,103$1,255$719$399$216$13
45 years$2,033$1,197$675$368$196$11
46 years$1,966$1,142$634$340$178$9
47 years$1,903$1,090$596$314$162$8
48 years$1,842$1,040$560$290$147$7
49 years$1,784$993$526$268$134$6
50 years$1,728$949$495$248$121$5

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 $6,167 every year, while hoping to spend $32,690 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: 73/22/5 Blend
39$1,770,000$1,770,000$1,770,000$1,770,000
40$1,956,901$1,863,091$1,835,656$2,098,518
41$2,121,723$1,919,601$1,862,369$2,249,108
42$2,302,262$1,977,784$1,888,881$2,409,236
43$2,500,085$2,037,687$1,915,150$2,583,657
44$2,716,920$2,099,361$1,941,135$2,773,770
45$2,954,670$2,162,854$1,966,787$2,981,113
46$3,215,430$2,228,217$1,992,058$3,207,382
47$3,501,508$2,295,504$2,016,896$3,454,444
48$3,815,446$2,364,768$2,041,247$3,724,353
49$4,160,045$2,436,065$2,065,052$4,019,371
50$4,538,389$2,509,452$2,088,250$4,341,991
51$4,953,876$2,584,986$2,110,778$4,694,955
52$5,410,248$2,662,727$2,132,565$5,081,284
53$5,911,629$2,742,736$2,153,542$5,504,308
54$6,462,561$2,825,076$2,173,632$5,967,690
55$7,068,048$2,909,812$2,192,755$6,475,466
56$7,733,604$2,997,007$2,210,827$7,032,083
57$8,465,303$3,086,731$2,227,760$7,642,438
58$9,269,834$3,179,052$2,243,461$8,311,925
59$10,154,572$3,274,040$2,257,832$9,046,486
60$11,127,638$3,371,768$2,270,769$9,852,668
61$12,197,982$3,472,309$2,282,164$10,737,680
62$13,375,464$3,575,740$2,291,904$11,709,467
63$14,670,947$3,682,137$2,299,869$12,776,780
64$16,096,402$3,791,580$2,305,933$13,949,261
65$17,665,017$3,904,150$2,309,964$15,237,531
66$19,391,325$4,019,930$2,311,824$16,653,292
67$21,291,337$4,139,003$2,311,368$18,209,439
68$23,382,697$4,261,458$2,308,442$19,920,177
69$25,684,844$4,387,381$2,302,886$21,801,155
70$28,219,199$4,516,864$2,294,534$23,869,620
71$31,009,365$4,649,998$2,283,209$26,144,571
72$34,081,350$4,786,877$2,268,726$28,646,942
73$37,463,812$4,927,598$2,250,892$31,399,800
74$41,188,329$5,072,259$2,229,506$34,428,562
75$45,289,698$5,220,959$2,204,353$37,761,231
76$49,806,262$5,373,800$2,175,214$41,428,666
77$54,780,271$5,530,887$2,141,854$45,464,868
78$60,258,283$5,692,325$2,104,030$49,907,302
79$66,291,600$5,858,221$2,061,487$54,797,252
80$72,936,755$6,028,686$2,013,959$60,180,207
81$80,256,044$6,203,831$1,961,167$66,106,293
82$88,318,112$6,383,770$1,902,817$72,630,745
83$97,198,603$6,568,619$1,838,605$79,814,425
84$106,980,874$6,758,494$1,768,212$87,724,403
85$117,756,779$6,953,516$1,691,303$96,434,582
86$129,627,537$7,153,806$1,607,528$106,026,399
87$142,704,690$7,359,486$1,516,524$116,589,593
88$157,111,148$7,570,681$1,417,908$128,223,053
89$172,982,359$7,787,518$1,311,282$141,035,749
90$190,467,579$8,010,125$1,196,228$155,147,758
91$209,731,283$8,238,632$1,072,313$170,691,404
92$230,954,719$8,473,171$939,081$187,812,501
93$254,337,617$8,713,873$796,057$206,671,728
94$280,100,075$8,960,873$642,745$227,446,153
95$308,484,634$9,214,307$478,629$250,330,895
96$339,758,570$9,474,312$303,166$275,540,971
97$374,216,415$9,741,024$115,793$303,313,322
98$412,182,738$10,014,583$0$333,909,055
99$454,015,208$10,295,129$0$367,620,391
100$500,107,970$10,582,801$0$404,766,796