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%15.5%
1 years$150,294$148,955$147,649$146,374$145,129$141,851
2 years$74,403$73,017$71,674$70,372$69,109$65,824
3 years$49,109$47,718$46,378$45,088$43,846$40,656
4 years$36,465$35,077$33,751$32,483$31,271$28,202
5 years$28,880$27,501$26,192$24,950$23,772$20,832
6 years$23,825$22,457$21,167$19,953$18,810$16,001
7 years$20,216$18,859$17,590$16,405$15,297$12,621
8 years$17,511$16,166$14,918$13,761$12,691$10,146
9 years$15,407$14,075$12,849$11,722$10,687$8,272
10 years$13,726$12,407$11,202$10,104$9,106$6,818
11 years$12,351$11,045$9,862$8,794$7,832$5,667
12 years$11,206$9,913$8,752$7,713$6,787$4,742
13 years$10,238$8,959$7,820$6,810$5,918$3,991
14 years$9,409$8,143$7,026$6,045$5,188$3,373
15 years$8,691$7,439$6,343$5,391$4,568$2,861
16 years$8,063$6,825$5,751$4,827$4,037$2,435
17 years$7,510$6,286$5,233$4,337$3,579$2,077
18 years$7,019$5,808$4,777$3,908$3,183$1,776
19 years$6,580$5,383$4,373$3,532$2,837$1,521
20 years$6,186$5,002$4,014$3,199$2,534$1,305
21 years$5,829$4,659$3,692$2,903$2,268$1,121
22 years$5,505$4,349$3,403$2,639$2,033$964
23 years$5,210$4,068$3,142$2,404$1,825$830
24 years$4,940$3,811$2,906$2,192$1,640$715
25 years$4,692$3,577$2,691$2,002$1,476$616
26 years$4,464$3,362$2,496$1,831$1,329$531
27 years$4,252$3,164$2,318$1,676$1,198$459
28 years$4,056$2,981$2,155$1,535$1,081$396
29 years$3,874$2,812$2,005$1,408$976$342
30 years$3,705$2,656$1,868$1,292$882$295
31 years$3,546$2,511$1,741$1,187$798$255
32 years$3,398$2,376$1,624$1,091$722$221
33 years$3,259$2,250$1,517$1,003$653$191
34 years$3,129$2,132$1,417$923$591$165
35 years$3,006$2,022$1,325$849$535$143
36 years$2,891$1,920$1,239$782$485$123
37 years$2,781$1,823$1,160$721$440$107
38 years$2,678$1,733$1,086$664$399$92
39 years$2,581$1,648$1,018$613$362$80
40 years$2,488$1,568$954$565$328$69
41 years$2,400$1,492$895$521$297$60
42 years$2,317$1,421$839$481$270$52
43 years$2,238$1,354$787$444$245$45
44 years$2,162$1,291$739$410$222$39
45 years$2,091$1,231$694$379$202$34
46 years$2,022$1,174$652$350$183$29
47 years$1,957$1,120$612$323$166$25
48 years$1,894$1,070$575$299$151$22
49 years$1,834$1,021$541$276$137$19
50 years$1,777$976$509$255$125$16

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 $6,724 every year, while hoping to spend $36,289 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: 35/35/30 Blend
39$1,820,000$1,820,000$1,820,000$1,820,000
40$2,012,576$1,916,116$1,887,906$2,064,661
41$2,179,247$1,971,394$1,912,539$2,159,745
42$2,361,703$2,028,165$1,936,782$2,258,554
43$2,561,515$2,086,463$1,960,582$2,364,484
44$2,780,413$2,146,324$1,983,886$2,478,197
45$3,020,304$2,207,783$2,006,635$2,600,425
46$3,283,288$2,270,876$2,028,769$2,731,972
47$3,571,675$2,335,641$2,050,225$2,873,723
48$3,888,012$2,402,114$2,070,934$3,026,653
49$4,235,105$2,470,334$2,090,826$3,191,836
50$4,616,043$2,540,337$2,109,826$3,370,455
51$5,034,229$2,612,162$2,127,854$3,563,810
52$5,493,410$2,685,849$2,144,828$3,773,338
53$5,997,718$2,761,435$2,160,659$4,000,617
54$6,551,701$2,838,961$2,175,257$4,247,388
55$7,160,369$2,918,465$2,188,523$4,515,569
56$7,829,244$2,999,987$2,200,356$4,807,272
57$8,564,408$3,083,567$2,210,648$5,124,825
58$9,372,561$3,169,245$2,219,288$5,470,790
59$10,261,084$3,257,061$2,226,157$5,847,994
60$11,238,112$3,347,053$2,231,130$6,259,550
61$12,312,603$3,439,263$2,234,077$6,708,888
62$13,494,432$3,533,730$2,234,861$7,199,788
63$14,794,474$3,630,493$2,233,339$7,736,416
64$16,224,714$3,729,591$2,229,360$8,323,361
65$17,798,356$3,831,062$2,222,765$8,965,681
66$19,529,950$3,934,946$2,213,389$9,668,952
67$21,435,525$4,041,279$2,201,058$10,439,315
68$23,532,745$4,150,098$2,185,590$11,283,541
69$25,841,071$4,261,439$2,166,793$12,209,090
70$28,381,948$4,375,337$2,144,469$13,224,185
71$31,179,005$4,491,827$2,118,407$14,337,887
72$34,258,278$4,610,941$2,088,388$15,560,182
73$37,648,456$4,732,710$2,054,182$16,902,075
74$41,381,151$4,857,165$2,015,549$18,375,698
75$45,491,195$4,984,334$1,972,238$19,994,416
76$50,016,974$5,114,242$1,923,984$21,772,963
77$55,000,780$5,246,915$1,870,512$23,727,576
78$60,489,220$5,382,374$1,811,535$25,876,148
79$66,533,649$5,520,639$1,746,750$28,238,403
80$73,190,658$5,661,727$1,675,843$30,836,075
81$80,522,604$5,805,651$1,598,483$33,693,120
82$88,598,204$5,952,422$1,514,326$36,835,938
83$97,493,177$6,102,048$1,423,013$40,293,625
84$107,290,964$6,254,530$1,324,166$44,098,249
85$118,083,509$6,409,869$1,217,392$48,285,152
86$129,972,133$6,568,059$1,102,281$52,893,282
87$143,068,486$6,729,089$978,403$57,965,569
88$157,495,602$6,892,945$845,310$63,549,320
89$173,389,058$7,059,604$702,533$69,696,676
90$190,898,258$7,229,041$549,584$76,465,100
91$210,187,837$7,401,220$385,951$83,917,921
92$231,439,219$7,576,102$211,103$92,124,936
93$254,852,326$7,753,638$24,482$101,163,064
94$280,647,469$7,933,773$0$111,117,079
95$309,067,423$8,116,440$0$122,136,321
96$340,379,721$8,301,566$0$134,279,839
97$374,879,177$8,489,067$0$147,653,465
98$412,890,670$8,678,848$0$162,382,470
99$454,772,211$8,870,804$0$178,604,896
100$500,918,320$9,064,817$0$196,472,865