Can I retire at age 40 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$146,991$145,681$144,404$143,157$141,940$137,013
2 years$72,768$71,412$70,099$68,826$67,590$62,677
3 years$48,030$46,669$45,359$44,097$42,882$38,137
4 years$35,663$34,307$33,010$31,770$30,584$26,044
5 years$28,246$26,897$25,617$24,402$23,249$18,926
6 years$23,302$21,963$20,702$19,515$18,396$14,293
7 years$19,772$18,445$17,204$16,044$14,961$11,077
8 years$17,126$15,810$14,590$13,459$12,412$8,744
9 years$15,069$13,766$12,566$11,464$10,453$6,996
10 years$13,424$12,134$10,956$9,882$8,906$5,655
11 years$12,079$10,802$9,645$8,600$7,660$4,608
12 years$10,960$9,695$8,560$7,544$6,638$3,778
13 years$10,013$8,762$7,648$6,660$5,788$3,113
14 years$9,202$7,964$6,871$5,912$5,074$2,576
15 years$8,500$7,275$6,204$5,272$4,467$2,138
16 years$7,886$6,675$5,625$4,721$3,948$1,779
17 years$7,345$6,148$5,118$4,242$3,501$1,484
18 years$6,865$5,681$4,672$3,823$3,113$1,240
19 years$6,436$5,265$4,277$3,454$2,774$1,038
20 years$6,050$4,892$3,926$3,128$2,478$869
21 years$5,701$4,557$3,611$2,839$2,218$729
22 years$5,384$4,254$3,328$2,581$1,988$612
23 years$5,096$3,978$3,073$2,351$1,784$514
24 years$4,832$3,728$2,842$2,144$1,604$432
25 years$4,589$3,498$2,632$1,958$1,443$363
26 years$4,366$3,288$2,441$1,790$1,300$306
27 years$4,159$3,094$2,267$1,639$1,172$257
28 years$3,967$2,916$2,107$1,502$1,058$217
29 years$3,789$2,750$1,961$1,377$955$182
30 years$3,623$2,598$1,827$1,264$863$154
31 years$3,468$2,456$1,703$1,161$780$129
32 years$3,324$2,323$1,589$1,067$706$109
33 years$3,188$2,200$1,483$981$639$92
34 years$3,060$2,085$1,386$902$578$77
35 years$2,940$1,978$1,296$831$524$65
36 years$2,827$1,877$1,212$765$475$55
37 years$2,720$1,783$1,135$705$430$46
38 years$2,619$1,695$1,063$650$390$39
39 years$2,524$1,611$995$599$354$33
40 years$2,434$1,533$933$553$321$28
41 years$2,348$1,459$875$510$291$23
42 years$2,266$1,390$821$471$264$20
43 years$2,189$1,324$770$434$240$17
44 years$2,115$1,262$723$401$217$14
45 years$2,045$1,204$679$370$197$12
46 years$1,978$1,148$638$342$179$10
47 years$1,914$1,096$599$316$163$8
48 years$1,852$1,046$563$292$148$7
49 years$1,794$999$529$270$134$6
50 years$1,738$954$497$250$122$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,780,000, adding $6,773 every year, while hoping to spend $56,900 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: 27/50/23 Blend
39$1,780,000$1,780,000$1,780,000$1,780,000
40$1,968,546$1,874,206$1,846,616$2,007,275
41$2,108,797$1,905,501$1,847,937$2,069,768
42$2,261,446$1,936,423$1,847,395$2,131,390
43$2,427,698$1,966,892$1,844,867$2,196,355
44$2,608,879$1,996,825$1,840,226$2,264,981
45$2,806,447$2,026,132$1,833,336$2,337,625
46$3,022,009$2,054,717$1,824,056$2,414,678
47$3,257,330$2,082,474$1,812,239$2,496,579
48$3,514,357$2,109,295$1,797,728$2,583,810
49$3,795,232$2,135,061$1,780,362$2,676,909
50$4,102,312$2,159,645$1,759,971$2,776,471
51$4,438,193$2,182,913$1,736,375$2,883,155
52$4,805,733$2,204,720$1,709,388$2,997,691
53$5,208,080$2,224,914$1,678,815$3,120,890
54$5,648,699$2,243,330$1,644,450$3,253,648
55$6,131,408$2,259,794$1,606,081$3,396,958
56$6,660,409$2,274,121$1,563,482$3,551,922
57$7,240,331$2,286,114$1,516,419$3,719,756
58$7,876,273$2,295,562$1,464,647$3,901,810
59$8,573,850$2,302,241$1,407,910$4,099,577
60$9,339,248$2,305,916$1,345,939$4,314,709
61$10,179,278$2,306,332$1,278,455$4,549,034
62$11,101,445$2,303,223$1,205,164$4,804,575
63$12,114,015$2,296,304$1,125,760$5,083,570
64$13,226,094$2,285,273$1,039,923$5,388,494
65$14,447,714$2,269,809$947,318$5,722,084
66$15,789,924$2,249,574$847,597$6,087,367
67$17,264,899$2,224,205$740,394$6,487,691
68$18,886,051$2,193,323$625,329$6,926,754
69$20,668,153$2,156,521$502,003$7,408,646
70$22,627,486$2,113,372$370,001$7,937,888
71$24,781,983$2,063,420$228,890$8,519,475
72$27,151,403$2,006,186$78,215$9,158,925
73$29,757,516$1,941,159$0$9,862,338
74$32,624,307$1,867,800$0$10,656,716
75$35,778,205$1,785,541$0$11,551,037
76$39,248,326$1,693,776$0$12,534,432
77$43,066,752$1,591,868$0$13,616,111
78$47,268,834$1,479,143$0$14,806,238
79$51,893,520$1,354,886$0$16,116,025
80$56,983,727$1,218,343$0$17,557,845
81$62,586,743$1,068,718$0$19,145,350
82$68,754,672$905,167$0$20,893,600
83$75,544,929$726,800$0$22,819,210
84$83,020,777$532,678$0$24,940,508
85$91,251,924$321,807$0$27,277,714
86$100,315,183$93,139$0$29,853,131
87$110,295,196$0$0$32,691,362
88$121,285,227$0$0$35,904,512
89$133,388,049$0$0$39,499,830
90$146,716,909$0$0$43,459,763
91$161,396,595$0$0$47,821,434
92$177,564,618$0$0$52,625,751
93$195,372,505$0$0$57,917,795
94$214,987,230$0$0$63,747,240
95$236,592,788$0$0$70,168,826
96$260,391,935$0$0$77,242,874
97$286,608,095$0$0$85,035,855
98$315,487,473$0$0$93,621,017
99$347,301,376$0$0$103,079,078
100$382,348,774$0$0$113,498,986