Can I retire at age 40 with 1,790,000?

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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$147,817$146,500$145,215$143,961$142,737$138,279
2 years$73,176$71,814$70,493$69,212$67,970$63,518
3 years$48,300$46,931$45,614$44,345$43,123$38,817
4 years$35,864$34,499$33,195$31,948$30,756$26,629
5 years$28,404$27,048$25,761$24,539$23,380$19,443
6 years$23,433$22,087$20,818$19,624$18,500$14,756
7 years$19,883$18,548$17,300$16,134$15,045$11,495
8 years$17,222$15,899$14,672$13,534$12,482$9,122
9 years$15,153$13,843$12,637$11,528$10,511$7,339
10 years$13,500$12,202$11,017$9,938$8,956$5,966
11 years$12,147$10,863$9,699$8,649$7,703$4,890
12 years$11,021$9,750$8,608$7,586$6,675$4,033
13 years$10,069$8,811$7,691$6,697$5,821$3,344
14 years$9,254$8,009$6,910$5,945$5,102$2,784
15 years$8,548$7,316$6,239$5,302$4,492$2,325
16 years$7,930$6,713$5,656$4,747$3,970$1,948
17 years$7,386$6,182$5,147$4,265$3,520$1,635
18 years$6,903$5,713$4,699$3,844$3,130$1,376
19 years$6,472$5,294$4,301$3,473$2,790$1,159
20 years$6,084$4,920$3,948$3,146$2,492$978
21 years$5,733$4,583$3,631$2,855$2,230$826
22 years$5,415$4,278$3,347$2,596$1,999$698
23 years$5,125$4,001$3,090$2,364$1,794$591
24 years$4,859$3,748$2,858$2,156$1,613$500
25 years$4,615$3,518$2,647$1,969$1,451$423
26 years$4,390$3,306$2,455$1,801$1,307$359
27 years$4,182$3,111$2,279$1,648$1,179$304
28 years$3,990$2,932$2,119$1,510$1,064$258
29 years$3,810$2,766$1,972$1,385$960$219
30 years$3,644$2,612$1,837$1,271$868$186
31 years$3,488$2,469$1,712$1,167$785$158
32 years$3,342$2,336$1,598$1,073$710$134
33 years$3,206$2,213$1,492$986$642$114
34 years$3,077$2,097$1,394$908$581$96
35 years$2,957$1,989$1,303$835$527$82
36 years$2,843$1,888$1,219$769$477$70
37 years$2,736$1,793$1,141$709$432$59
38 years$2,634$1,704$1,069$653$392$50
39 years$2,538$1,620$1,001$602$356$43
40 years$2,447$1,542$938$556$323$36
41 years$2,361$1,468$880$513$293$31
42 years$2,279$1,398$825$473$265$26
43 years$2,201$1,332$774$437$241$22
44 years$2,127$1,269$727$403$219$19
45 years$2,056$1,210$683$372$199$16
46 years$1,989$1,155$641$344$180$14
47 years$1,924$1,102$602$318$164$12
48 years$1,863$1,052$566$294$149$10
49 years$1,804$1,005$532$271$135$8
50 years$1,748$960$500$251$123$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,790,000, adding $2,648 every year, while hoping to spend $39,118 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: 56/29/15 Blend
39$1,790,000$1,790,000$1,790,000$1,790,000
40$1,975,311$1,880,441$1,852,696$2,078,059
41$2,135,172$1,930,962$1,873,140$2,198,637
42$2,310,027$1,982,647$1,892,958$2,325,439
43$2,501,365$2,035,512$1,912,088$2,462,668
44$2,710,825$2,089,572$1,930,463$2,611,331
45$2,940,210$2,144,842$1,948,015$2,772,534
46$3,191,509$2,201,337$1,964,671$2,947,497
47$3,466,909$2,259,069$1,980,353$3,137,563
48$3,768,821$2,318,050$1,994,982$3,344,209
49$4,099,899$2,378,293$2,008,472$3,569,066
50$4,463,066$2,439,807$2,020,734$3,813,926
51$4,861,543$2,502,602$2,031,673$4,080,766
52$5,298,878$2,566,686$2,041,191$4,371,761
53$5,778,976$2,632,066$2,049,183$4,689,308
54$6,306,142$2,698,748$2,055,541$5,036,049
55$6,885,117$2,766,735$2,060,150$5,414,892
56$7,521,123$2,836,029$2,062,890$5,829,044
57$8,219,914$2,906,632$2,063,633$6,282,035
58$8,987,829$2,978,540$2,062,248$6,777,755
59$9,831,849$3,051,750$2,058,596$7,320,492
60$10,759,669$3,126,257$2,052,529$7,914,968
61$11,779,762$3,202,051$2,043,897$8,566,387
62$12,901,468$3,279,121$2,032,537$9,280,484
63$14,135,072$3,357,452$2,018,281$10,063,578
64$15,491,910$3,437,029$2,000,955$10,922,630
65$16,984,471$3,517,828$1,980,372$11,865,312
66$18,626,512$3,599,827$1,956,340$12,900,079
67$20,433,195$3,682,998$1,928,656$14,036,246
68$22,421,223$3,767,307$1,897,108$15,284,079
69$24,609,001$3,852,718$1,861,475$16,654,891
70$27,016,808$3,939,190$1,821,523$18,161,147
71$29,666,989$4,026,676$1,777,010$19,816,586
72$32,584,163$4,115,125$1,727,682$21,636,347
73$35,795,460$4,204,479$1,673,272$23,637,112
74$39,330,773$4,294,674$1,613,502$25,837,267
75$43,223,039$4,385,641$1,548,082$28,257,071
76$47,508,553$4,477,301$1,476,706$30,918,854
77$52,227,307$4,569,570$1,399,058$33,847,220
78$57,423,370$4,662,357$1,314,804$37,069,285
79$63,145,301$4,755,560$1,223,597$40,614,933
80$69,446,609$4,849,069$1,125,074$44,517,094
81$76,386,255$4,942,766$1,018,856$48,812,061
82$84,029,212$5,036,520$904,547$53,539,829
83$92,447,075$5,130,193$781,733$58,744,474
84$101,718,737$5,223,632$649,981$64,474,571
85$111,931,133$5,316,675$508,840$70,783,649
86$123,180,062$5,409,146$357,839$77,730,701
87$135,571,087$5,500,853$196,486$85,380,740
88$149,220,538$5,591,594$24,268$93,805,412
89$164,256,600$5,681,150$0$103,083,674
90$180,820,530$5,769,284$0$113,328,073
91$199,067,989$5,855,743$0$124,614,776
92$219,170,508$5,940,258$0$137,045,666
93$241,317,107$6,022,538$0$150,737,304
94$265,716,082$6,102,273$0$165,818,138
95$292,596,969$6,179,131$0$182,429,718
96$322,212,708$6,252,757$0$200,728,030
97$354,842,035$6,322,772$0$220,884,972
98$390,792,107$6,388,772$0$243,089,972
99$430,401,406$6,450,326$0$267,551,784
100$474,042,931$6,506,974$0$294,500,452