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%
1 years$146,165$144,863$143,593$142,353$141,142$137,119
2 years$72,359$71,011$69,705$68,439$67,211$63,188
3 years$47,760$46,407$45,104$43,849$42,641$38,746
4 years$35,463$34,114$32,824$31,591$30,412$26,674
5 years$28,087$26,746$25,473$24,265$23,119$19,548
6 years$23,171$21,840$20,586$19,405$18,293$14,893
7 years$19,661$18,341$17,107$15,954$14,877$11,648
8 years$17,030$15,722$14,508$13,383$12,342$9,282
9 years$14,984$13,689$12,496$11,400$10,394$7,499
10 years$13,349$12,066$10,894$9,827$8,856$6,123
11 years$12,012$10,741$9,591$8,552$7,616$5,041
12 years$10,898$9,641$8,512$7,501$6,600$4,177
13 years$9,957$8,713$7,605$6,623$5,756$3,480
14 years$9,150$7,920$6,833$5,879$5,045$2,911
15 years$8,452$7,235$6,169$5,243$4,442$2,444
16 years$7,842$6,638$5,593$4,694$3,926$2,057
17 years$7,304$6,113$5,090$4,218$3,481$1,736
18 years$6,826$5,649$4,646$3,801$3,095$1,468
19 years$6,399$5,235$4,253$3,435$2,759$1,243
20 years$6,016$4,865$3,904$3,111$2,464$1,054
21 years$5,669$4,531$3,590$2,823$2,205$895
22 years$5,354$4,230$3,309$2,567$1,977$761
23 years$5,067$3,956$3,055$2,338$1,774$647
24 years$4,805$3,707$2,826$2,132$1,595$551
25 years$4,563$3,478$2,617$1,947$1,435$469
26 years$4,341$3,269$2,427$1,780$1,293$400
27 years$4,135$3,077$2,254$1,630$1,166$341
28 years$3,945$2,899$2,095$1,493$1,052$291
29 years$3,768$2,735$1,950$1,369$950$248
30 years$3,603$2,583$1,816$1,257$858$212
31 years$3,449$2,442$1,693$1,154$776$181
32 years$3,305$2,310$1,580$1,061$702$154
33 years$3,170$2,188$1,475$975$635$132
34 years$3,043$2,074$1,378$897$575$113
35 years$2,924$1,967$1,289$826$521$96
36 years$2,811$1,867$1,205$761$472$82
37 years$2,705$1,773$1,128$701$428$70
38 years$2,605$1,685$1,057$646$388$60
39 years$2,510$1,602$990$596$352$51
40 years$2,420$1,524$928$550$319$44
41 years$2,335$1,451$870$507$289$37
42 years$2,253$1,382$816$468$263$32
43 years$2,176$1,317$766$432$238$27
44 years$2,103$1,255$719$399$216$23
45 years$2,033$1,197$675$368$196$20
46 years$1,966$1,142$634$340$178$17
47 years$1,903$1,090$596$314$162$15
48 years$1,842$1,040$560$290$147$12
49 years$1,784$993$526$268$134$11
50 years$1,728$949$495$248$121$9

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 $5,479 every year, while hoping to spend $32,403 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: 59/29/12 Blend
39$1,770,000$1,770,000$1,770,000$1,770,000
40$1,956,192$1,862,382$1,834,947$2,065,559
41$2,121,247$1,919,162$1,861,941$2,196,642
42$2,302,051$1,977,638$1,888,753$2,335,397
43$2,500,178$2,037,860$1,915,344$2,485,920
44$2,717,357$2,099,876$1,941,669$2,649,348
45$2,955,498$2,163,740$1,967,685$2,826,930
46$3,216,699$2,229,504$1,993,343$3,020,042
47$3,503,274$2,297,222$2,018,592$3,230,199
48$3,817,772$2,366,950$2,043,379$3,459,068
49$4,163,000$2,438,745$2,067,647$3,708,484
50$4,542,049$2,512,666$2,091,336$3,980,469
51$4,958,325$2,588,774$2,114,383$4,277,247
52$5,415,580$2,667,130$2,136,721$4,601,268
53$5,917,948$2,747,799$2,158,280$4,955,232
54$6,469,982$2,830,844$2,178,986$5,342,108
55$7,076,698$2,916,333$2,198,759$5,765,169
56$7,743,623$3,004,334$2,217,519$6,228,019
57$8,476,844$3,094,919$2,235,178$6,734,627
58$9,283,071$3,188,158$2,251,645$7,289,365
59$10,169,692$3,284,126$2,266,823$7,897,050
60$11,144,851$3,382,899$2,280,612$8,562,985
61$12,217,518$3,484,553$2,292,905$9,293,015
62$13,397,578$3,589,169$2,303,590$10,093,575
63$14,695,921$3,696,829$2,312,551$10,971,757
64$16,124,547$3,807,615$2,319,663$11,935,374
65$17,696,676$3,921,614$2,324,797$12,993,031
66$19,426,876$4,038,912$2,327,817$14,154,209
67$21,331,199$4,159,600$2,328,580$15,429,356
68$23,427,330$4,283,769$2,326,936$16,829,978
69$25,734,757$4,411,513$2,322,728$18,368,757
70$28,274,954$4,542,929$2,315,791$20,059,663
71$31,071,581$4,678,114$2,305,952$21,918,088
72$34,150,711$4,817,170$2,293,030$23,960,992
73$37,541,071$4,960,200$2,276,834$26,207,062
74$41,274,318$5,107,307$2,257,166$28,676,887
75$45,385,335$5,258,601$2,233,817$31,393,154
76$49,912,558$5,414,191$2,206,568$34,380,861
77$54,898,341$5,574,190$2,175,192$37,667,551
78$60,389,358$5,738,711$2,139,447$41,283,577
79$66,437,038$5,907,873$2,099,083$45,262,380
80$73,098,051$6,081,794$2,053,838$49,640,812
81$80,434,848$6,260,598$2,003,437$54,459,479
82$88,516,243$6,444,407$1,947,592$59,763,126
83$97,418,067$6,633,351$1,886,004$65,601,057
84$107,223,882$6,827,557$1,818,357$72,027,605
85$118,025,768$7,027,158$1,744,323$79,102,638
86$129,925,197$7,232,289$1,663,558$86,892,128
87$143,033,982$7,443,086$1,575,702$95,468,773
88$157,475,341$7,659,690$1,480,381$104,912,681
89$173,385,052$7,882,241$1,377,200$115,312,129
90$190,912,742$8,110,886$1,265,751$126,764,394
91$210,223,293$8,345,770$1,145,604$139,376,670
92$231,498,399$8,587,043$1,016,312$153,267,083
93$254,938,284$8,834,857$877,408$168,565,803
94$280,763,590$9,089,365$728,401$185,416,271
95$309,217,457$9,350,726$568,784$203,976,560
96$340,567,822$9,619,096$398,023$224,420,858
97$375,109,946$9,894,637$215,562$246,941,118
98$413,169,198$10,177,512$20,821$271,748,868
99$455,104,132$10,467,886$0$299,077,207
100$501,309,868$10,765,926$0$329,206,951