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

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$146,991$145,681$144,404$143,157$141,940$138,005
2 years$72,768$71,412$70,099$68,826$67,590$63,655
3 years$48,030$46,669$45,359$44,097$42,882$39,070
4 years$35,663$34,307$33,010$31,770$30,584$26,924
5 years$28,246$26,897$25,617$24,402$23,249$19,752
6 years$23,302$21,963$20,702$19,515$18,396$15,065
7 years$19,772$18,445$17,204$16,044$14,961$11,796
8 years$17,126$15,810$14,590$13,459$12,412$9,410
9 years$15,069$13,766$12,566$11,464$10,453$7,612
10 years$13,424$12,134$10,956$9,882$8,906$6,224
11 years$12,079$10,802$9,645$8,600$7,660$5,130
12 years$10,960$9,695$8,560$7,544$6,638$4,257
13 years$10,013$8,762$7,648$6,660$5,788$3,551
14 years$9,202$7,964$6,871$5,912$5,074$2,975
15 years$8,500$7,275$6,204$5,272$4,467$2,501
16 years$7,886$6,675$5,625$4,721$3,948$2,108
17 years$7,345$6,148$5,118$4,242$3,501$1,782
18 years$6,865$5,681$4,672$3,823$3,113$1,509
19 years$6,436$5,265$4,277$3,454$2,774$1,280
20 years$6,050$4,892$3,926$3,128$2,478$1,087
21 years$5,701$4,557$3,611$2,839$2,218$924
22 years$5,384$4,254$3,328$2,581$1,988$787
23 years$5,096$3,978$3,073$2,351$1,784$671
24 years$4,832$3,728$2,842$2,144$1,604$572
25 years$4,589$3,498$2,632$1,958$1,443$488
26 years$4,366$3,288$2,441$1,790$1,300$416
27 years$4,159$3,094$2,267$1,639$1,172$356
28 years$3,967$2,916$2,107$1,502$1,058$304
29 years$3,789$2,750$1,961$1,377$955$260
30 years$3,623$2,598$1,827$1,264$863$222
31 years$3,468$2,456$1,703$1,161$780$190
32 years$3,324$2,323$1,589$1,067$706$162
33 years$3,188$2,200$1,483$981$639$139
34 years$3,060$2,085$1,386$902$578$119
35 years$2,940$1,978$1,296$831$524$102
36 years$2,827$1,877$1,212$765$475$87
37 years$2,720$1,783$1,135$705$430$74
38 years$2,619$1,695$1,063$650$390$64
39 years$2,524$1,611$995$599$354$54
40 years$2,434$1,533$933$553$321$47
41 years$2,348$1,459$875$510$291$40
42 years$2,266$1,390$821$471$264$34
43 years$2,189$1,324$770$434$240$29
44 years$2,115$1,262$723$401$217$25
45 years$2,045$1,204$679$370$197$21
46 years$1,978$1,148$638$342$179$18
47 years$1,914$1,096$599$316$163$16
48 years$1,852$1,046$563$292$148$13
49 years$1,794$999$529$270$134$12
50 years$1,738$954$497$250$122$10

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 $6,810 every year, while hoping to spend $24,770 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: 54/20/26 Blend
39$1,780,000$1,780,000$1,780,000$1,780,000
40$1,968,585$1,874,245$1,846,655$2,060,379
41$2,143,025$1,939,727$1,882,162$2,189,921
42$2,334,428$2,007,589$1,918,030$2,327,758
43$2,544,498$2,077,919$1,954,242$2,477,315
44$2,775,112$2,150,812$1,990,784$2,639,726
45$3,028,338$2,226,366$2,027,639$2,816,237
46$3,306,452$2,304,682$2,064,789$3,008,220
47$3,611,965$2,385,866$2,102,214$3,217,185
48$3,947,640$2,470,028$2,139,893$3,444,794
49$4,316,523$2,557,283$2,177,803$3,692,877
50$4,721,967$2,647,749$2,215,919$3,963,449
51$5,167,670$2,741,550$2,254,214$4,258,729
52$5,657,702$2,838,816$2,292,659$4,581,157
53$6,196,549$2,939,680$2,331,226$4,933,425
54$6,789,155$3,044,282$2,369,879$5,318,493
55$7,440,964$3,152,767$2,408,585$5,739,624
56$8,157,975$3,265,286$2,447,306$6,200,409
57$8,946,800$3,381,996$2,486,002$6,704,804
58$9,814,722$3,503,062$2,524,632$7,257,167
59$10,769,765$3,628,653$2,563,148$7,862,296
60$11,820,772$3,758,948$2,601,504$8,525,479
61$12,977,484$3,894,130$2,639,649$9,252,536
62$14,250,638$4,034,393$2,677,527$10,049,884
63$15,652,061$4,179,936$2,715,082$10,924,586
64$17,194,787$4,330,969$2,752,253$11,884,427
65$18,893,177$4,487,708$2,788,975$12,937,981
66$20,763,055$4,650,379$2,825,179$14,094,693
67$22,821,857$4,819,219$2,860,794$15,364,971
68$25,088,798$4,994,472$2,895,742$16,760,278
69$27,585,050$5,176,395$2,929,943$18,293,246
70$30,333,940$5,365,254$2,963,312$19,977,790
71$33,361,176$5,561,326$2,995,757$21,829,243
72$36,695,086$5,764,900$3,027,185$23,864,495
73$40,366,883$5,976,279$3,057,494$26,102,160
74$44,410,964$6,195,775$3,086,578$28,562,742
75$48,865,231$6,423,716$3,114,327$31,268,835
76$53,771,449$6,660,444$3,140,622$34,245,334
77$59,175,644$6,906,313$3,165,341$37,519,669
78$65,128,532$7,161,694$3,188,351$41,122,062
79$71,685,998$7,426,973$3,209,517$45,085,815
80$78,909,629$7,702,553$3,228,695$49,447,621
81$86,867,287$7,988,854$3,245,732$54,247,913
82$95,633,755$8,286,314$3,260,469$59,531,241
83$105,291,443$8,595,387$3,272,739$65,346,697
84$115,931,161$8,916,552$3,282,367$71,748,372
85$127,652,979$9,250,303$3,289,166$78,795,872
86$140,567,174$9,597,159$3,292,944$86,554,875
87$154,795,264$9,957,658$3,293,496$95,097,755
88$170,471,162$10,332,364$3,290,609$104,504,261
89$187,742,436$10,721,865$3,284,060$114,862,270
90$206,771,700$11,126,773$3,273,612$126,268,617
91$227,738,155$11,547,726$3,259,019$138,830,010
92$250,839,274$11,985,392$3,240,024$152,664,030
93$276,292,670$12,440,466$3,216,354$167,900,248
94$304,338,148$12,913,674$3,187,728$184,681,444
95$335,239,969$13,405,774$3,153,846$203,164,954
96$369,289,344$13,917,555$3,114,398$223,524,154
97$406,807,185$14,449,843$3,069,058$245,950,097
98$448,147,130$15,003,498$3,017,485$270,653,318
99$493,698,887$15,579,420$2,959,320$297,865,814
100$543,891,907$16,178,545$2,894,191$327,843,241