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

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$148,642$147,318$146,027$144,766$143,535$138,829
2 years$73,585$72,215$70,887$69,599$68,350$63,654
3 years$48,570$47,193$45,868$44,593$43,364$38,825
4 years$36,064$34,692$33,380$32,127$30,928$26,580
5 years$28,563$27,199$25,905$24,676$23,511$19,367
6 years$23,564$22,210$20,935$19,734$18,603$14,666
7 years$19,994$18,652$17,397$16,224$15,129$11,399
8 years$17,318$15,988$14,754$13,610$12,551$9,025
9 years$15,238$13,921$12,708$11,593$10,570$7,243
10 years$13,575$12,270$11,079$9,993$9,006$5,873
11 years$12,215$10,924$9,754$8,697$7,746$4,801
12 years$11,083$9,804$8,656$7,628$6,712$3,950
13 years$10,125$8,860$7,734$6,735$5,853$3,266
14 years$9,305$8,054$6,949$5,978$5,131$2,711
15 years$8,595$7,357$6,274$5,332$4,518$2,258
16 years$7,975$6,750$5,688$4,774$3,993$1,886
17 years$7,428$6,217$5,176$4,289$3,540$1,579
18 years$6,942$5,744$4,725$3,866$3,148$1,324
19 years$6,508$5,324$4,325$3,493$2,806$1,112
20 years$6,118$4,947$3,970$3,163$2,506$935
21 years$5,765$4,608$3,651$2,871$2,243$788
22 years$5,445$4,302$3,365$2,610$2,010$664
23 years$5,153$4,023$3,107$2,377$1,804$560
24 years$4,886$3,769$2,874$2,168$1,622$472
25 years$4,641$3,537$2,662$1,980$1,459$399
26 years$4,415$3,325$2,468$1,811$1,315$337
27 years$4,206$3,129$2,292$1,657$1,185$285
28 years$4,012$2,948$2,131$1,518$1,069$241
29 years$3,832$2,781$1,983$1,392$966$203
30 years$3,664$2,627$1,847$1,278$873$172
31 years$3,507$2,483$1,722$1,174$789$146
32 years$3,361$2,350$1,607$1,079$714$123
33 years$3,224$2,225$1,500$992$646$104
34 years$3,095$2,109$1,402$913$585$88
35 years$2,973$2,000$1,310$840$530$75
36 years$2,859$1,898$1,226$774$480$63
37 years$2,751$1,803$1,147$713$435$53
38 years$2,649$1,714$1,074$657$394$45
39 years$2,552$1,629$1,007$606$358$38
40 years$2,461$1,550$944$559$324$32
41 years$2,374$1,476$885$516$294$27
42 years$2,292$1,405$830$476$267$23
43 years$2,213$1,339$779$439$242$20
44 years$2,139$1,276$731$406$220$17
45 years$2,068$1,217$686$375$200$14
46 years$2,000$1,161$645$346$181$12
47 years$1,935$1,108$606$320$165$10
48 years$1,873$1,058$569$295$149$9
49 years$1,814$1,010$535$273$136$7
50 years$1,757$965$503$252$123$6

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 $5,217 every year, while hoping to spend $45,173 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: 28/44/28 Blend
39$1,800,000$1,800,000$1,800,000$1,800,000
40$1,988,981$1,893,581$1,865,681$2,027,292
41$2,143,794$1,938,303$1,880,118$2,103,060
42$2,312,883$1,983,702$1,893,524$2,180,159
43$2,497,658$2,029,764$1,905,818$2,262,084
44$2,699,668$2,076,472$1,916,912$2,349,281
45$2,920,623$2,123,808$1,926,717$2,442,243
46$3,162,400$2,171,748$1,935,136$2,541,511
47$3,427,071$2,220,270$1,942,069$2,647,685
48$3,716,915$2,269,346$1,947,411$2,761,425
49$4,034,441$2,318,945$1,951,051$2,883,460
50$4,382,415$2,369,034$1,952,872$3,014,592
51$4,763,881$2,419,576$1,952,752$3,155,710
52$5,182,192$2,470,531$1,950,565$3,307,792
53$5,641,041$2,521,852$1,946,174$3,471,919
54$6,144,496$2,573,491$1,939,440$3,649,281
55$6,697,038$2,625,396$1,930,214$3,841,195
56$7,303,601$2,677,506$1,918,342$4,049,112
57$7,969,623$2,729,758$1,903,661$4,274,633
58$8,701,093$2,782,085$1,886,002$4,519,525
59$9,504,608$2,834,410$1,865,186$4,785,737
60$10,387,435$2,886,653$1,841,027$5,075,422
61$11,357,581$2,938,727$1,813,329$5,390,953
62$12,423,867$2,990,537$1,781,888$5,734,949
63$13,596,010$3,041,982$1,746,490$6,110,300
64$14,884,717$3,092,953$1,706,911$6,520,194
65$16,301,781$3,143,331$1,662,916$6,968,148
66$17,860,200$3,192,991$1,614,261$7,458,044
67$19,574,289$3,241,797$1,560,687$7,994,163
68$21,459,825$3,289,603$1,501,929$8,581,228
69$23,534,187$3,336,254$1,437,704$9,224,448
70$25,816,527$3,381,583$1,367,719$9,929,571
71$28,327,943$3,425,411$1,291,668$10,702,937
72$31,091,685$3,467,548$1,209,231$11,551,539
73$34,133,369$3,507,789$1,120,072$12,483,089
74$37,481,220$3,545,919$1,023,842$13,506,097
75$41,166,339$3,581,703$920,175$14,629,945
76$45,222,994$3,614,895$808,689$15,864,984
77$49,688,945$3,645,230$688,986$17,222,626
78$54,605,798$3,672,428$560,648$18,715,461
79$60,019,402$3,696,189$423,242$20,357,370
80$65,980,272$3,716,194$276,312$22,163,664
81$72,544,077$3,732,104$119,386$24,151,226
82$79,772,155$3,743,559$0$26,338,673
83$87,732,098$3,750,176$0$28,760,901
84$96,498,384$3,751,548$0$31,465,179
85$106,153,087$3,747,241$0$34,440,925
86$116,786,643$3,736,797$0$37,715,833
87$128,498,710$3,719,729$0$41,320,425
88$141,399,101$3,695,519$0$45,288,346
89$155,608,829$3,663,619$0$49,656,680
90$171,261,240$3,623,446$0$54,466,304
91$188,503,276$3,574,385$0$59,762,271
92$207,496,862$3,515,782$0$65,594,242
93$228,420,431$3,446,944$0$72,016,953
94$251,470,608$3,367,138$0$79,090,734
95$276,864,070$3,275,587$0$86,882,084
96$304,839,583$3,171,469$0$95,464,294
97$335,660,264$3,053,914$0$104,918,148
98$369,616,055$2,922,001$0$115,332,685
99$407,026,469$2,774,754$0$126,806,040
100$448,243,596$2,611,145$0$139,446,378