Can I retire at age 40 with 1,820,000?

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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$150,294$148,955$147,649$146,374$145,129$144,034
2 years$74,403$73,017$71,674$70,372$69,109$68,005
3 years$49,109$47,718$46,378$45,088$43,846$42,766
4 years$36,465$35,077$33,751$32,483$31,271$30,225
5 years$28,880$27,501$26,192$24,950$23,772$22,763
6 years$23,825$22,457$21,167$19,953$18,810$17,839
7 years$20,216$18,859$17,590$16,405$15,297$14,364
8 years$17,511$16,166$14,918$13,761$12,691$11,796
9 years$15,407$14,075$12,849$11,722$10,687$9,831
10 years$13,726$12,407$11,202$10,104$9,106$8,287
11 years$12,351$11,045$9,862$8,794$7,832$7,050
12 years$11,206$9,913$8,752$7,713$6,787$6,041
13 years$10,238$8,959$7,820$6,810$5,918$5,208
14 years$9,409$8,143$7,026$6,045$5,188$4,513
15 years$8,691$7,439$6,343$5,391$4,568$3,926
16 years$8,063$6,825$5,751$4,827$4,037$3,428
17 years$7,510$6,286$5,233$4,337$3,579$3,003
18 years$7,019$5,808$4,777$3,908$3,183$2,636
19 years$6,580$5,383$4,373$3,532$2,837$2,320
20 years$6,186$5,002$4,014$3,199$2,534$2,046
21 years$5,829$4,659$3,692$2,903$2,268$1,807
22 years$5,505$4,349$3,403$2,639$2,033$1,598
23 years$5,210$4,068$3,142$2,404$1,825$1,416
24 years$4,940$3,811$2,906$2,192$1,640$1,255
25 years$4,692$3,577$2,691$2,002$1,476$1,114
26 years$4,464$3,362$2,496$1,831$1,329$990
27 years$4,252$3,164$2,318$1,676$1,198$880
28 years$4,056$2,981$2,155$1,535$1,081$783
29 years$3,874$2,812$2,005$1,408$976$697
30 years$3,705$2,656$1,868$1,292$882$620
31 years$3,546$2,511$1,741$1,187$798$553
32 years$3,398$2,376$1,624$1,091$722$493
33 years$3,259$2,250$1,517$1,003$653$439
34 years$3,129$2,132$1,417$923$591$392
35 years$3,006$2,022$1,325$849$535$350
36 years$2,891$1,920$1,239$782$485$312
37 years$2,781$1,823$1,160$721$440$279
38 years$2,678$1,733$1,086$664$399$249
39 years$2,581$1,648$1,018$613$362$222
40 years$2,488$1,568$954$565$328$198
41 years$2,400$1,492$895$521$297$177
42 years$2,317$1,421$839$481$270$158
43 years$2,238$1,354$787$444$245$142
44 years$2,162$1,291$739$410$222$127
45 years$2,091$1,231$694$379$202$113
46 years$2,022$1,174$652$350$183$101
47 years$1,957$1,120$612$323$166$90
48 years$1,894$1,070$575$299$151$81
49 years$1,834$1,021$541$276$137$72
50 years$1,777$976$509$255$125$65

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,820,000, adding $4,936 every year, while hoping to spend $57,902 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: 48/29/23 Blend
39$1,820,000$1,820,000$1,820,000$1,820,000
40$2,010,731$1,914,271$1,886,061$2,093,902
41$2,154,219$1,946,464$1,887,637$2,184,696
42$2,310,401$1,978,292$1,887,325$2,277,057
43$2,480,512$2,009,679$1,885,001$2,376,176
44$2,665,910$2,040,539$1,880,534$2,482,717
45$2,868,089$2,070,781$1,873,788$2,597,408
46$3,088,693$2,100,308$1,864,618$2,721,057
47$3,329,532$2,129,015$1,852,875$2,854,554
48$3,592,599$2,156,792$1,838,402$2,998,881
49$3,880,088$2,183,519$1,821,032$3,155,124
50$4,194,414$2,209,068$1,800,593$3,324,480
51$4,538,235$2,233,304$1,776,905$3,508,271
52$4,914,480$2,256,081$1,749,776$3,707,958
53$5,326,373$2,277,244$1,719,009$3,925,151
54$5,777,462$2,296,629$1,684,395$4,161,628
55$6,271,659$2,314,059$1,645,718$4,419,352
56$6,813,268$2,329,347$1,602,749$4,700,491
57$7,407,031$2,342,295$1,555,251$5,007,435
58$8,058,170$2,352,689$1,502,974$5,342,823
59$8,772,437$2,360,305$1,445,657$5,709,568
60$9,556,168$2,364,903$1,383,030$6,110,882
61$10,416,342$2,366,227$1,314,805$6,550,313
62$11,360,644$2,364,008$1,240,687$7,031,774
63$12,397,544$2,357,958$1,160,364$7,559,582
64$13,536,368$2,347,773$1,073,510$8,138,502
65$14,787,391$2,333,127$979,787$8,773,791
66$16,161,933$2,313,679$878,838$9,471,246
67$17,672,466$2,289,064$770,294$10,237,266
68$19,332,726$2,258,897$653,767$11,078,909
69$21,157,848$2,222,768$528,854$12,003,960
70$23,164,509$2,180,244$395,131$13,021,009
71$25,371,079$2,130,866$252,157$14,139,527
72$27,797,799$2,074,147$99,474$15,369,966
73$30,466,968$2,009,574$0$16,723,849
74$33,403,157$1,936,602$0$18,229,466
75$36,633,436$1,854,653$0$19,912,324
76$40,187,634$1,763,118$0$21,763,577
77$44,098,614$1,661,352$0$23,800,412
78$48,402,587$1,548,673$0$26,041,775
79$53,139,452$1,424,358$0$28,508,549
80$58,353,170$1,287,646$0$31,223,756
81$64,092,183$1,137,730$0$34,212,773
82$70,409,865$973,759$0$37,503,573
83$77,365,029$794,831$0$41,126,991
84$85,022,481$599,997$0$45,117,015
85$93,453,629$388,252$0$49,511,112
86$102,737,159$158,535$0$54,350,578
87$112,959,772$0$0$59,680,935
88$124,217,011$0$0$65,581,165
89$136,614,150$0$0$72,134,829
90$150,267,199$0$0$79,352,695
91$165,303,988$0$0$87,302,377
92$181,865,381$0$0$96,058,381
93$200,106,597$0$0$105,702,810
94$220,198,683$0$0$116,326,133
95$242,330,119$0$0$128,028,048
96$266,708,603$0$0$140,918,412
97$293,563,009$0$0$155,118,286
98$323,145,543$0$0$170,761,072
99$355,734,128$0$0$187,993,774
100$391,635,022$0$0$206,978,388