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%14.5%
1 years$146,991$145,681$144,404$143,157$141,940$139,302
2 years$72,768$71,412$70,099$68,826$67,590$64,943
3 years$48,030$46,669$45,359$44,097$42,882$40,307
4 years$35,663$34,307$33,010$31,770$30,584$28,101
5 years$28,246$26,897$25,617$24,402$23,249$20,866
6 years$23,302$21,963$20,702$19,515$18,396$16,116
7 years$19,772$18,445$17,204$16,044$14,961$12,783
8 years$17,126$15,810$14,590$13,459$12,412$10,336
9 years$15,069$13,766$12,566$11,464$10,453$8,478
10 years$13,424$12,134$10,956$9,882$8,906$7,030
11 years$12,079$10,802$9,645$8,600$7,660$5,881
12 years$10,960$9,695$8,560$7,544$6,638$4,953
13 years$10,013$8,762$7,648$6,660$5,788$4,196
14 years$9,202$7,964$6,871$5,912$5,074$3,571
15 years$8,500$7,275$6,204$5,272$4,467$3,050
16 years$7,886$6,675$5,625$4,721$3,948$2,614
17 years$7,345$6,148$5,118$4,242$3,501$2,246
18 years$6,865$5,681$4,672$3,823$3,113$1,934
19 years$6,436$5,265$4,277$3,454$2,774$1,669
20 years$6,050$4,892$3,926$3,128$2,478$1,443
21 years$5,701$4,557$3,611$2,839$2,218$1,249
22 years$5,384$4,254$3,328$2,581$1,988$1,082
23 years$5,096$3,978$3,073$2,351$1,784$939
24 years$4,832$3,728$2,842$2,144$1,604$815
25 years$4,589$3,498$2,632$1,958$1,443$708
26 years$4,366$3,288$2,441$1,790$1,300$616
27 years$4,159$3,094$2,267$1,639$1,172$536
28 years$3,967$2,916$2,107$1,502$1,058$466
29 years$3,789$2,750$1,961$1,377$955$406
30 years$3,623$2,598$1,827$1,264$863$354
31 years$3,468$2,456$1,703$1,161$780$308
32 years$3,324$2,323$1,589$1,067$706$269
33 years$3,188$2,200$1,483$981$639$234
34 years$3,060$2,085$1,386$902$578$204
35 years$2,940$1,978$1,296$831$524$178
36 years$2,827$1,877$1,212$765$475$155
37 years$2,720$1,783$1,135$705$430$136
38 years$2,619$1,695$1,063$650$390$118
39 years$2,524$1,611$995$599$354$103
40 years$2,434$1,533$933$553$321$90
41 years$2,348$1,459$875$510$291$79
42 years$2,266$1,390$821$471$264$69
43 years$2,189$1,324$770$434$240$60
44 years$2,115$1,262$723$401$217$52
45 years$2,045$1,204$679$370$197$46
46 years$1,978$1,148$638$342$179$40
47 years$1,914$1,096$599$316$163$35
48 years$1,852$1,046$563$292$148$30
49 years$1,794$999$529$270$134$27
50 years$1,738$954$497$250$122$23

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 $3,092 every year, while hoping to spend $54,419 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: 49/46/5 Blend
39$1,780,000$1,780,000$1,780,000$1,780,000
40$1,964,749$1,870,409$1,842,819$2,058,464
41$2,107,252$1,904,158$1,846,652$2,156,428
42$2,262,467$1,937,737$1,848,790$2,256,690
43$2,431,632$1,971,079$1,849,118$2,364,281
44$2,616,111$2,004,115$1,847,516$2,479,898
45$2,817,405$2,036,767$1,843,859$2,604,309
46$3,037,167$2,068,955$1,838,014$2,738,359
47$3,277,214$2,100,590$1,829,844$2,882,981
48$3,539,550$2,131,579$1,819,203$3,039,203
49$3,826,377$2,161,819$1,805,940$3,208,159
50$4,140,124$2,191,204$1,789,895$3,391,100
51$4,483,461$2,219,618$1,770,901$3,589,403
52$4,859,331$2,246,937$1,748,784$3,804,590
53$5,270,975$2,273,029$1,723,360$4,038,336
54$5,721,961$2,297,753$1,694,439$4,292,492
55$6,216,217$2,320,960$1,661,819$4,569,095
56$6,758,072$2,342,487$1,625,291$4,870,395
57$7,352,292$2,362,166$1,584,634$5,198,872
58$8,004,126$2,379,812$1,539,620$5,557,261
59$8,719,358$2,395,234$1,490,008$5,948,579
60$9,504,355$2,408,223$1,435,546$6,376,152
61$10,366,135$2,418,561$1,375,972$6,843,650
62$11,312,424$2,426,015$1,311,011$7,355,118
63$12,351,737$2,430,335$1,240,376$7,915,021
64$13,493,451$2,431,258$1,163,765$8,528,278
65$14,747,898$2,428,505$1,080,866$9,200,318
66$16,126,459$2,421,777$991,351$9,937,126
67$17,641,673$2,410,760$894,876$10,745,303
68$19,307,354$2,395,117$791,085$11,632,129
69$21,138,721$2,374,494$679,602$12,605,631
70$23,152,540$2,348,514$560,039$13,674,661
71$25,367,286$2,316,778$431,987$14,848,981
72$27,803,311$2,278,862$295,020$16,139,355
73$30,483,040$2,234,318$148,695$17,557,653
74$33,431,181$2,182,670$0$19,116,965
75$36,674,957$2,123,416$0$20,832,119
76$40,244,362$2,056,024$0$22,727,125
77$44,172,447$1,979,929$0$24,811,615
78$48,495,626$1,894,534$0$27,104,964
79$53,254,023$1,799,210$0$29,628,535
80$58,491,849$1,693,287$0$32,405,878
81$64,257,821$1,576,061$0$35,462,959
82$70,605,615$1,446,784$0$38,828,402
83$77,594,379$1,304,668$0$42,533,764
84$85,289,288$1,148,879$0$46,613,838
85$93,762,156$978,535$0$51,106,975
86$103,092,117$792,705$0$56,055,458
87$113,366,370$590,405$0$61,505,897
88$124,681,002$370,596$0$67,509,676
89$137,141,890$132,181$0$74,123,439
90$150,865,707$0$0$81,409,626
91$165,981,017$0$0$89,500,848
92$182,629,489$0$0$98,486,734
93$200,967,235$0$0$108,384,669
94$221,166,282$0$0$119,287,541
95$243,416,193$0$0$131,297,707
96$267,925,861$0$0$144,527,959
97$294,925,472$0$0$159,102,590
98$324,668,687$0$0$175,158,566
99$357,435,025$0$0$192,846,818
100$393,532,508$0$0$212,333,667