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%11%
1 years$148,642$147,318$146,027$144,766$143,535$142,930
2 years$73,585$72,215$70,887$69,599$68,350$67,739
3 years$48,570$47,193$45,868$44,593$43,364$42,766
4 years$36,064$34,692$33,380$32,127$30,928$30,348
5 years$28,563$27,199$25,905$24,676$23,511$22,950
6 years$23,564$22,210$20,935$19,734$18,603$18,063
7 years$19,994$18,652$17,397$16,224$15,129$14,610
8 years$17,318$15,988$14,754$13,610$12,551$12,052
9 years$15,238$13,921$12,708$11,593$10,570$10,091
10 years$13,575$12,270$11,079$9,993$9,006$8,547
11 years$12,215$10,924$9,754$8,697$7,746$7,307
12 years$11,083$9,804$8,656$7,628$6,712$6,293
13 years$10,125$8,860$7,734$6,735$5,853$5,453
14 years$9,305$8,054$6,949$5,978$5,131$4,749
15 years$8,595$7,357$6,274$5,332$4,518$4,154
16 years$7,975$6,750$5,688$4,774$3,993$3,647
17 years$7,428$6,217$5,176$4,289$3,540$3,212
18 years$6,942$5,744$4,725$3,866$3,148$2,836
19 years$6,508$5,324$4,325$3,493$2,806$2,510
20 years$6,118$4,947$3,970$3,163$2,506$2,226
21 years$5,765$4,608$3,651$2,871$2,243$1,978
22 years$5,445$4,302$3,365$2,610$2,010$1,760
23 years$5,153$4,023$3,107$2,377$1,804$1,568
24 years$4,886$3,769$2,874$2,168$1,622$1,399
25 years$4,641$3,537$2,662$1,980$1,459$1,249
26 years$4,415$3,325$2,468$1,811$1,315$1,117
27 years$4,206$3,129$2,292$1,657$1,185$999
28 years$4,012$2,948$2,131$1,518$1,069$894
29 years$3,832$2,781$1,983$1,392$966$801
30 years$3,664$2,627$1,847$1,278$873$718
31 years$3,507$2,483$1,722$1,174$789$644
32 years$3,361$2,350$1,607$1,079$714$578
33 years$3,224$2,225$1,500$992$646$519
34 years$3,095$2,109$1,402$913$585$466
35 years$2,973$2,000$1,310$840$530$418
36 years$2,859$1,898$1,226$774$480$376
37 years$2,751$1,803$1,147$713$435$338
38 years$2,649$1,714$1,074$657$394$304
39 years$2,552$1,629$1,007$606$358$273
40 years$2,461$1,550$944$559$324$246
41 years$2,374$1,476$885$516$294$221
42 years$2,292$1,405$830$476$267$199
43 years$2,213$1,339$779$439$242$179
44 years$2,139$1,276$731$406$220$161
45 years$2,068$1,217$686$375$200$145
46 years$2,000$1,161$645$346$181$130
47 years$1,935$1,108$606$320$165$117
48 years$1,873$1,058$569$295$149$106
49 years$1,814$1,010$535$273$136$95
50 years$1,757$965$503$252$123$86

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 $5,335 every year, while hoping to spend $21,227 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: 52/23/25 Blend
39$1,800,000$1,800,000$1,800,000$1,800,000
40$1,989,103$1,893,703$1,865,803$2,078,406
41$2,169,406$1,963,909$1,905,722$2,211,021
42$2,367,389$2,036,844$1,946,267$2,352,598
43$2,584,832$2,112,619$1,987,436$2,506,174
44$2,823,697$2,191,349$2,029,228$2,672,902
45$3,086,146$2,273,157$2,071,638$2,854,048
46$3,374,559$2,358,168$2,114,665$3,051,006
47$3,691,559$2,446,513$2,158,301$3,265,310
48$4,040,037$2,538,331$2,202,543$3,498,647
49$4,423,175$2,633,764$2,247,382$3,752,876
50$4,844,481$2,732,961$2,292,812$4,030,039
51$5,307,821$2,836,078$2,338,824$4,332,386
52$5,817,451$2,943,278$2,385,407$4,662,395
53$6,378,062$3,054,730$2,432,549$5,022,791
54$6,994,823$3,170,611$2,480,239$5,416,575
55$7,673,430$3,291,106$2,528,461$5,847,053
56$8,420,156$3,416,406$2,577,201$6,317,861
57$9,241,915$3,546,713$2,626,440$6,833,005
58$10,146,325$3,682,237$2,676,161$7,396,898
59$11,141,780$3,823,196$2,726,342$8,014,396
60$12,237,528$3,969,819$2,776,960$8,690,847
61$13,443,759$4,122,343$2,827,992$9,432,144
62$14,771,703$4,281,019$2,879,411$10,244,775
63$16,233,733$4,446,105$2,931,187$11,135,884
64$17,843,483$4,617,873$2,983,290$12,113,341
65$19,615,975$4,796,605$3,035,687$13,185,817
66$21,567,763$4,982,598$3,088,342$14,362,857
67$23,717,089$5,176,160$3,141,216$15,654,982
68$26,084,054$5,377,613$3,194,268$17,073,774
69$28,690,804$5,587,293$3,247,453$18,631,997
70$31,561,748$5,805,552$3,300,724$20,343,710
71$34,723,780$6,032,757$3,354,032$22,224,398
72$38,206,534$6,269,292$3,407,321$24,291,124
73$42,042,669$6,515,555$3,460,535$26,562,684
74$46,268,170$6,771,967$3,513,612$29,059,783
75$50,922,693$7,038,962$3,566,487$31,805,234
76$56,049,935$7,316,999$3,619,091$34,824,170
77$61,698,049$7,606,552$3,671,351$38,144,282
78$67,920,098$7,908,121$3,723,189$41,796,076
79$74,774,554$8,222,225$3,774,523$45,813,164
80$82,325,853$8,549,409$3,825,264$50,232,578
81$90,645,000$8,890,240$3,875,320$55,095,121
82$99,810,240$9,245,311$3,924,593$60,445,748
83$109,907,797$9,615,244$3,972,980$66,333,992
84$121,032,688$10,000,687$4,020,370$72,814,430
85$133,289,618$10,402,316$4,066,648$79,947,195
86$146,793,969$10,820,840$4,111,692$87,798,547
87$161,672,893$11,257,000$4,155,372$96,441,492
88$178,066,504$11,711,569$4,197,552$105,956,474
89$196,129,206$12,185,355$4,238,090$116,432,132
90$216,031,152$12,679,204$4,276,833$127,966,133
91$237,959,845$13,194,000$4,313,621$140,666,098
92$262,121,909$13,730,667$4,348,288$154,650,610
93$288,745,045$14,290,170$4,380,657$170,050,337
94$318,080,171$14,873,520$4,410,541$187,009,263
95$350,403,799$15,481,773$4,437,744$205,686,045
96$386,020,640$16,116,033$4,462,062$226,255,506
97$425,266,481$16,777,455$4,483,277$248,910,290
98$468,511,358$17,467,246$4,501,163$273,862,676
99$516,163,045$18,186,670$4,515,480$301,346,576
100$568,670,905$18,937,046$4,525,978$331,619,748