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%18.6%
1 years$148,642$147,318$146,027$144,766$143,535$138,552
2 years$73,585$72,215$70,887$69,599$68,350$63,382
3 years$48,570$47,193$45,868$44,593$43,364$38,566
4 years$36,064$34,692$33,380$32,127$30,928$26,337
5 years$28,563$27,199$25,905$24,676$23,511$19,139
6 years$23,564$22,210$20,935$19,734$18,603$14,454
7 years$19,994$18,652$17,397$16,224$15,129$11,202
8 years$17,318$15,988$14,754$13,610$12,551$8,842
9 years$15,238$13,921$12,708$11,593$10,570$7,075
10 years$13,575$12,270$11,079$9,993$9,006$5,719
11 years$12,215$10,924$9,754$8,697$7,746$4,660
12 years$11,083$9,804$8,656$7,628$6,712$3,821
13 years$10,125$8,860$7,734$6,735$5,853$3,148
14 years$9,305$8,054$6,949$5,978$5,131$2,605
15 years$8,595$7,357$6,274$5,332$4,518$2,162
16 years$7,975$6,750$5,688$4,774$3,993$1,799
17 years$7,428$6,217$5,176$4,289$3,540$1,501
18 years$6,942$5,744$4,725$3,866$3,148$1,254
19 years$6,508$5,324$4,325$3,493$2,806$1,049
20 years$6,118$4,947$3,970$3,163$2,506$879
21 years$5,765$4,608$3,651$2,871$2,243$737
22 years$5,445$4,302$3,365$2,610$2,010$619
23 years$5,153$4,023$3,107$2,377$1,804$520
24 years$4,886$3,769$2,874$2,168$1,622$437
25 years$4,641$3,537$2,662$1,980$1,459$367
26 years$4,415$3,325$2,468$1,811$1,315$309
27 years$4,206$3,129$2,292$1,657$1,185$260
28 years$4,012$2,948$2,131$1,518$1,069$219
29 years$3,832$2,781$1,983$1,392$966$184
30 years$3,664$2,627$1,847$1,278$873$155
31 years$3,507$2,483$1,722$1,174$789$131
32 years$3,361$2,350$1,607$1,079$714$110
33 years$3,224$2,225$1,500$992$646$93
34 years$3,095$2,109$1,402$913$585$78
35 years$2,973$2,000$1,310$840$530$66
36 years$2,859$1,898$1,226$774$480$56
37 years$2,751$1,803$1,147$713$435$47
38 years$2,649$1,714$1,074$657$394$39
39 years$2,552$1,629$1,007$606$358$33
40 years$2,461$1,550$944$559$324$28
41 years$2,374$1,476$885$516$294$24
42 years$2,292$1,405$830$476$267$20
43 years$2,213$1,339$779$439$242$17
44 years$2,139$1,276$731$406$220$14
45 years$2,068$1,217$686$375$200$12
46 years$2,000$1,161$645$346$181$10
47 years$1,935$1,108$606$320$165$8
48 years$1,873$1,058$569$295$149$7
49 years$1,814$1,010$535$273$136$6
50 years$1,757$965$503$252$123$5

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 $6,424 every year, while hoping to spend $47,061 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: 63/9/28 Blend
39$1,800,000$1,800,000$1,800,000$1,800,000
40$1,990,226$1,894,826$1,866,926$2,100,359
41$2,143,157$1,937,600$1,879,396$2,218,605
42$2,310,109$1,980,893$1,890,706$2,341,996
43$2,492,463$2,024,680$1,900,768$2,475,770
44$2,691,740$2,068,934$1,909,488$2,620,952
45$2,909,611$2,113,626$1,916,770$2,778,673
46$3,147,920$2,158,722$1,922,510$2,950,179
47$3,408,694$2,204,186$1,926,601$3,136,844
48$3,694,167$2,249,977$1,928,928$3,340,182
49$4,006,799$2,296,053$1,929,374$3,561,862
50$4,349,298$2,342,365$1,927,814$3,803,724
51$4,724,647$2,388,861$1,924,116$4,067,795
52$5,136,130$2,435,485$1,918,143$4,356,313
53$5,587,366$2,482,174$1,909,752$4,671,741
54$6,082,340$2,528,863$1,898,791$5,016,796
55$6,625,440$2,575,479$1,885,102$5,394,473
56$7,221,502$2,621,945$1,868,520$5,808,074
57$7,875,851$2,668,176$1,848,871$6,261,236
58$8,594,353$2,714,081$1,825,973$6,757,973
59$9,383,469$2,759,563$1,799,635$7,302,706
60$10,250,319$2,804,518$1,769,659$7,900,310
61$11,202,744$2,848,832$1,735,835$8,556,158
62$12,249,383$2,892,384$1,697,945$9,276,174
63$13,399,755$2,935,046$1,655,761$10,066,888
64$14,664,344$2,976,677$1,609,043$10,935,496
65$16,054,702$3,017,129$1,557,541$11,889,932
66$17,583,556$3,056,243$1,500,993$12,938,943
67$19,264,929$3,093,849$1,439,126$14,092,167
68$21,114,269$3,129,764$1,371,654$15,360,232
69$23,148,597$3,163,796$1,298,278$16,754,848
70$25,386,669$3,195,736$1,218,685$18,288,928
71$27,849,146$3,225,365$1,132,548$19,976,701
72$30,558,797$3,252,445$1,039,526$21,833,853
73$33,540,706$3,276,728$939,262$23,877,674
74$36,822,516$3,297,945$831,385$26,127,221
75$40,434,680$3,315,812$715,504$28,603,498
76$44,410,758$3,330,027$591,214$31,329,658
77$48,787,726$3,340,269$458,090$34,331,220
78$53,606,327$3,346,195$315,689$37,636,309
79$58,911,456$3,347,442$163,549$41,275,927
80$64,752,583$3,343,625$1,186$45,284,243
81$71,184,218$3,334,334$0$49,698,917
82$78,266,426$3,319,135$0$54,612,869
83$86,065,394$3,297,565$0$60,024,155
84$94,654,054$3,269,135$0$65,983,008
85$104,112,772$3,233,328$0$72,545,172
86$114,530,105$3,189,591$0$79,772,076
87$126,003,639$3,137,344$0$87,731,413
88$138,640,903$3,075,967$0$96,497,777
89$152,560,393$3,004,807$0$106,153,372
90$167,892,681$2,923,171$0$116,788,782
91$184,781,654$2,830,325$0$128,503,831
92$203,385,865$2,725,494$0$141,408,522
93$223,880,035$2,607,854$0$155,624,077
94$246,456,697$2,476,538$0$171,284,081
95$271,328,018$2,330,626$0$188,535,743
96$298,727,794$2,169,146$0$207,541,288
97$328,913,664$1,991,068$0$228,479,482
98$362,169,535$1,795,308$0$251,547,328
99$398,808,265$1,580,715$0$276,961,921
100$439,174,615$1,346,077$0$304,962,497