Can I retire at age 40 with 1,810,000?

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$149,468$148,137$146,838$145,570$144,332$142,469
2 years$73,994$72,616$71,280$69,986$68,729$66,856
3 years$48,839$47,455$46,123$44,840$43,605$41,778
4 years$36,265$34,885$33,566$32,305$31,099$29,333
5 years$28,722$27,350$26,048$24,813$23,641$21,941
6 years$23,695$22,333$21,051$19,843$18,706$17,075
7 years$20,105$18,756$17,494$16,314$15,213$13,651
8 years$17,414$16,077$14,836$13,686$12,621$11,127
9 years$15,323$13,998$12,778$11,657$10,629$9,203
10 years$13,650$12,338$11,140$10,049$9,056$7,697
11 years$12,283$10,984$9,808$8,745$7,789$6,495
12 years$11,144$9,859$8,704$7,671$6,749$5,520
13 years$10,182$8,909$7,777$6,772$5,886$4,719
14 years$9,357$8,098$6,987$6,012$5,159$4,054
15 years$8,643$7,398$6,309$5,361$4,543$3,496
16 years$8,019$6,788$5,720$4,800$4,015$3,026
17 years$7,469$6,251$5,205$4,313$3,560$2,626
18 years$6,980$5,776$4,751$3,887$3,165$2,285
19 years$6,544$5,353$4,349$3,512$2,821$1,992
20 years$6,152$4,975$3,992$3,181$2,520$1,740
21 years$5,797$4,634$3,672$2,887$2,255$1,522
22 years$5,475$4,325$3,384$2,625$2,021$1,333
23 years$5,182$4,045$3,124$2,391$1,815$1,169
24 years$4,913$3,790$2,890$2,180$1,631$1,026
25 years$4,666$3,557$2,676$1,991$1,468$901
26 years$4,439$3,343$2,482$1,821$1,322$793
27 years$4,229$3,146$2,305$1,666$1,192$697
28 years$4,034$2,965$2,143$1,527$1,075$614
29 years$3,853$2,797$1,994$1,400$971$541
30 years$3,684$2,641$1,857$1,285$877$477
31 years$3,527$2,497$1,732$1,180$793$420
32 years$3,380$2,363$1,616$1,085$718$370
33 years$3,241$2,237$1,508$997$649$327
34 years$3,112$2,121$1,409$918$588$288
35 years$2,990$2,011$1,318$845$533$254
36 years$2,875$1,909$1,233$778$483$225
37 years$2,766$1,813$1,154$717$437$198
38 years$2,664$1,723$1,080$661$396$175
39 years$2,567$1,639$1,012$609$360$155
40 years$2,475$1,559$949$562$326$137
41 years$2,387$1,484$890$518$296$121
42 years$2,304$1,413$835$478$268$107
43 years$2,226$1,347$783$442$244$94
44 years$2,151$1,284$735$408$221$83
45 years$2,079$1,224$690$377$201$74
46 years$2,011$1,168$648$348$182$65
47 years$1,946$1,114$609$321$166$57
48 years$1,884$1,064$572$297$150$51
49 years$1,824$1,016$538$274$137$45
50 years$1,767$970$506$254$124$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,810,000, adding $3,060 every year, while hoping to spend $21,773 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: 64/27/9 Blend
39$1,810,000$1,810,000$1,810,000$1,810,000
40$1,997,776$1,901,846$1,873,791$2,121,685
41$2,178,383$1,971,871$1,913,397$2,274,726
42$2,376,682$2,044,596$1,953,600$2,438,980
43$2,594,455$2,120,133$1,994,397$2,617,821
44$2,833,664$2,198,594$2,035,784$2,812,666
45$3,096,472$2,280,099$2,077,756$3,025,073
46$3,385,260$2,364,772$2,120,309$3,256,756
47$3,702,652$2,452,741$2,163,435$3,509,603
48$4,051,539$2,544,142$2,207,127$3,785,689
49$4,435,106$2,639,115$2,251,375$4,087,300
50$4,856,862$2,737,806$2,296,171$4,416,951
51$5,320,672$2,840,369$2,341,503$4,777,411
52$5,830,795$2,946,962$2,387,358$5,171,728
53$6,391,925$3,057,751$2,433,723$5,603,257
54$7,009,231$3,172,911$2,480,583$6,075,692
55$7,688,410$3,292,621$2,527,920$6,593,101
56$8,435,739$3,417,071$2,575,717$7,159,963
57$9,258,134$3,546,457$2,623,952$7,781,209
58$10,163,214$3,680,983$2,672,605$8,462,269
59$11,159,376$3,820,866$2,721,652$9,209,124
60$12,255,871$3,966,327$2,771,066$10,028,359
61$13,462,894$4,117,601$2,820,820$10,927,228
62$14,791,675$4,274,930$2,870,884$11,913,719
63$16,254,593$4,438,568$2,921,225$12,996,629
64$17,865,284$4,608,781$2,971,809$14,185,650
65$19,638,777$4,785,845$3,022,599$15,491,454
66$21,591,630$4,970,049$3,073,554$16,925,800
67$23,742,090$5,161,695$3,124,631$18,501,636
68$26,110,262$5,361,097$3,175,785$20,233,228
69$28,718,301$5,568,583$3,226,967$22,136,290
70$31,590,622$5,784,498$3,278,124$24,228,134
71$34,754,125$6,009,198$3,329,201$26,527,829
72$38,238,456$6,243,058$3,380,139$29,056,383
73$42,076,280$6,486,469$3,430,875$31,836,939
74$46,303,592$6,739,839$3,481,341$34,894,995
75$50,960,061$7,003,593$3,531,468$38,258,640
76$56,089,394$7,278,176$3,581,179$41,958,821
77$61,739,758$7,564,052$3,630,395$46,029,633
78$67,964,231$7,861,709$3,679,031$50,508,640
79$74,821,301$8,171,651$3,726,997$55,437,228
80$82,375,421$8,494,409$3,774,199$60,860,996
81$90,697,615$8,830,536$3,820,536$66,830,184
82$99,866,150$9,180,611$3,865,902$73,400,145
83$109,967,273$9,545,236$3,910,185$80,631,869
84$121,096,026$9,925,044$3,953,267$88,592,555
85$133,357,142$10,320,693$3,995,023$97,356,245
86$146,866,036$10,732,872$4,035,322$107,004,520
87$161,749,891$11,162,302$4,074,024$117,627,273
88$178,148,860$11,609,734$4,110,984$129,323,550
89$196,217,389$12,075,956$4,146,047$142,202,486
90$216,125,674$12,561,790$4,179,051$156,384,338
91$238,061,268$13,068,093$4,209,825$172,001,609
92$262,230,853$13,595,765$4,238,190$189,200,305
93$288,862,187$14,145,744$4,263,955$208,141,308
94$318,206,255$14,719,011$4,286,924$229,001,894
95$350,539,643$15,316,593$4,306,885$251,977,403
96$386,167,141$15,939,560$4,323,620$277,283,083
97$425,424,627$16,589,036$4,336,899$305,156,116
98$468,682,231$17,266,191$4,346,478$335,857,859
99$516,347,837$17,972,253$4,352,103$369,676,306
100$568,870,925$18,708,502$4,353,507$406,928,808