Can I retire at age 40 with 1,800,000?

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$148,642$147,318$146,027$144,766$143,535$140,983
2 years$73,585$72,215$70,887$69,599$68,350$65,788
3 years$48,570$47,193$45,868$44,593$43,364$40,871
4 years$36,064$34,692$33,380$32,127$30,928$28,523
5 years$28,563$27,199$25,905$24,676$23,511$21,202
6 years$23,564$22,210$20,935$19,734$18,603$16,393
7 years$19,994$18,652$17,397$16,224$15,129$13,017
8 years$17,318$15,988$14,754$13,610$12,551$10,538
9 years$15,238$13,921$12,708$11,593$10,570$8,653
10 years$13,575$12,270$11,079$9,993$9,006$7,185
11 years$12,215$10,924$9,754$8,697$7,746$6,018
12 years$11,083$9,804$8,656$7,628$6,712$5,075
13 years$10,125$8,860$7,734$6,735$5,853$4,305
14 years$9,305$8,054$6,949$5,978$5,131$3,668
15 years$8,595$7,357$6,274$5,332$4,518$3,138
16 years$7,975$6,750$5,688$4,774$3,993$2,693
17 years$7,428$6,217$5,176$4,289$3,540$2,317
18 years$6,942$5,744$4,725$3,866$3,148$1,999
19 years$6,508$5,324$4,325$3,493$2,806$1,727
20 years$6,118$4,947$3,970$3,163$2,506$1,495
21 years$5,765$4,608$3,651$2,871$2,243$1,296
22 years$5,445$4,302$3,365$2,610$2,010$1,125
23 years$5,153$4,023$3,107$2,377$1,804$977
24 years$4,886$3,769$2,874$2,168$1,622$850
25 years$4,641$3,537$2,662$1,980$1,459$740
26 years$4,415$3,325$2,468$1,811$1,315$644
27 years$4,206$3,129$2,292$1,657$1,185$561
28 years$4,012$2,948$2,131$1,518$1,069$489
29 years$3,832$2,781$1,983$1,392$966$427
30 years$3,664$2,627$1,847$1,278$873$372
31 years$3,507$2,483$1,722$1,174$789$325
32 years$3,361$2,350$1,607$1,079$714$284
33 years$3,224$2,225$1,500$992$646$248
34 years$3,095$2,109$1,402$913$585$217
35 years$2,973$2,000$1,310$840$530$189
36 years$2,859$1,898$1,226$774$480$165
37 years$2,751$1,803$1,147$713$435$145
38 years$2,649$1,714$1,074$657$394$126
39 years$2,552$1,629$1,007$606$358$110
40 years$2,461$1,550$944$559$324$97
41 years$2,374$1,476$885$516$294$84
42 years$2,292$1,405$830$476$267$74
43 years$2,213$1,339$779$439$242$65
44 years$2,139$1,276$731$406$220$56
45 years$2,068$1,217$686$375$200$49
46 years$2,000$1,161$645$346$181$43
47 years$1,935$1,108$606$320$165$38
48 years$1,873$1,058$569$295$149$33
49 years$1,814$1,010$535$273$136$29
50 years$1,757$965$503$252$123$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,800,000, adding $4,163 every year, while hoping to spend $22,183 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: 68/14/18 Blend
39$1,800,000$1,800,000$1,800,000$1,800,000
40$1,987,894$1,892,494$1,864,594$2,114,097
41$2,167,057$1,961,624$1,903,455$2,268,031
42$2,363,751$2,033,397$1,942,875$2,433,360
43$2,579,740$2,107,921$1,982,849$2,613,658
44$2,816,970$2,185,305$2,023,370$2,810,396
45$3,077,581$2,265,665$2,064,433$3,025,196
46$3,363,932$2,349,121$2,106,030$3,259,840
47$3,678,624$2,435,798$2,148,152$3,516,294
48$4,024,518$2,525,827$2,190,790$3,796,720
49$4,404,770$2,619,343$2,233,932$4,103,501
50$4,822,854$2,716,489$2,277,567$4,439,260
51$5,282,600$2,817,412$2,321,681$4,806,884
52$5,788,227$2,922,267$2,366,258$5,209,555
53$6,344,382$3,031,214$2,411,284$5,650,778
54$6,956,186$3,144,420$2,456,738$6,134,409
55$7,629,281$3,262,061$2,502,603$6,664,700
56$8,369,884$3,384,318$2,548,857$7,246,332
57$9,184,845$3,511,382$2,595,476$7,884,462
58$10,081,710$3,643,452$2,642,436$8,584,769
59$11,068,796$3,780,732$2,689,710$9,353,511
60$12,155,266$3,923,441$2,737,268$10,197,580
61$13,351,216$4,071,802$2,785,078$11,124,570
62$14,667,769$4,226,050$2,833,108$12,142,844
63$16,117,186$4,386,430$2,881,321$13,261,618
64$17,712,971$4,553,198$2,929,678$14,491,045
65$19,470,010$4,726,620$2,978,138$15,842,308
66$21,404,701$4,906,975$3,026,656$17,327,729
67$23,535,117$5,094,553$3,075,185$18,960,886
68$25,881,170$5,289,657$3,123,675$20,756,735
69$28,464,803$5,492,603$3,172,071$22,731,755
70$31,310,194$5,703,723$3,220,317$24,904,103
71$34,443,988$5,923,359$3,268,352$27,293,785
72$37,895,543$6,151,872$3,316,110$29,922,842
73$41,697,213$6,389,638$3,363,524$32,815,559
74$45,884,647$6,637,049$3,410,521$35,998,698
75$50,497,130$6,894,514$3,457,023$39,501,740
76$55,577,953$7,162,460$3,502,948$43,357,175
77$61,174,818$7,441,335$3,548,211$47,600,799
78$67,340,293$7,731,603$3,592,719$52,272,055
79$74,132,304$8,033,753$3,636,376$57,414,404
80$81,614,684$8,348,292$3,679,080$63,075,736
81$89,857,775$8,675,751$3,720,722$69,308,821
82$98,939,090$9,016,685$3,761,188$76,171,804
83$108,944,048$9,371,673$3,800,359$83,728,758
84$119,966,776$9,741,321$3,838,106$92,050,283
85$132,111,001$10,126,260$3,874,297$101,214,177
86$145,491,028$10,527,151$3,908,790$111,306,164
87$160,232,815$10,944,683$3,941,437$122,420,709
88$176,475,168$11,379,579$3,972,081$134,661,903
89$194,371,047$11,832,590$4,000,558$148,144,448
90$214,089,011$12,304,505$4,026,694$162,994,740
91$235,814,810$12,796,145$4,050,307$179,352,059
92$259,753,134$13,308,369$4,071,207$197,369,883
93$286,129,552$13,842,078$4,089,190$217,217,339
94$315,192,634$14,398,208$4,104,046$239,080,794
95$347,216,304$14,977,741$4,115,553$263,165,619
96$382,502,420$15,581,703$4,123,477$289,698,121
97$421,383,627$16,211,167$4,127,573$318,927,684
98$464,226,494$16,867,251$4,127,584$351,129,117
99$511,434,978$17,551,128$4,123,240$386,605,251
100$563,454,236$18,264,023$4,114,258$425,689,796