Can I retire at age 40 with 1,830,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$151,120$149,774$148,460$147,178$145,927$141,482
2 years$74,812$73,418$72,068$70,759$69,489$65,049
3 years$49,379$47,980$46,633$45,336$44,087$39,791
4 years$36,665$35,270$33,937$32,662$31,443$27,324
5 years$29,039$27,652$26,336$25,088$23,902$19,972
6 years$23,956$22,580$21,284$20,063$18,913$15,175
7 years$20,327$18,963$17,687$16,495$15,381$11,834
8 years$17,607$16,255$15,000$13,837$12,760$9,402
9 years$15,492$14,153$12,919$11,786$10,746$7,574
10 years$13,801$12,475$11,263$10,160$9,156$6,165
11 years$12,419$11,106$9,916$8,842$7,875$5,059
12 years$11,267$9,968$8,800$7,756$6,824$4,178
13 years$10,294$9,008$7,862$6,847$5,951$3,469
14 years$9,460$8,188$7,064$6,078$5,216$2,892
15 years$8,739$7,480$6,378$5,421$4,593$2,419
16 years$8,108$6,863$5,783$4,853$4,059$2,029
17 years$7,551$6,320$5,262$4,361$3,599$1,706
18 years$7,058$5,840$4,804$3,930$3,200$1,437
19 years$6,616$5,413$4,398$3,551$2,852$1,213
20 years$6,220$5,030$4,036$3,216$2,548$1,025
21 years$5,861$4,685$3,712$2,919$2,280$867
22 years$5,536$4,373$3,421$2,654$2,044$734
23 years$5,239$4,090$3,159$2,417$1,835$622
24 years$4,967$3,832$2,922$2,204$1,649$527
25 years$4,718$3,596$2,706$2,013$1,484$447
26 years$4,488$3,380$2,510$1,841$1,337$380
27 years$4,276$3,181$2,330$1,685$1,205$322
28 years$4,079$2,997$2,166$1,544$1,087$274
29 years$3,896$2,828$2,016$1,416$982$233
30 years$3,725$2,670$1,878$1,299$887$198
31 years$3,566$2,524$1,751$1,193$802$168
32 years$3,417$2,389$1,633$1,097$726$143
33 years$3,277$2,262$1,525$1,008$657$122
34 years$3,146$2,144$1,425$928$594$103
35 years$3,023$2,034$1,332$854$538$88
36 years$2,906$1,930$1,246$787$488$75
37 years$2,797$1,833$1,167$725$442$64
38 years$2,693$1,742$1,092$668$401$54
39 years$2,595$1,657$1,023$616$364$46
40 years$2,502$1,576$959$568$330$39
41 years$2,414$1,500$899$524$299$33
42 years$2,330$1,429$844$484$271$28
43 years$2,250$1,361$792$447$246$24
44 years$2,174$1,298$743$412$224$21
45 years$2,102$1,237$698$381$203$17
46 years$2,033$1,181$655$352$184$15
47 years$1,967$1,127$616$325$167$13
48 years$1,904$1,075$579$300$152$11
49 years$1,844$1,027$544$278$138$9
50 years$1,787$981$511$257$125$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,830,000, adding $4,365 every year, while hoping to spend $40,258 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: 56/22/22 Blend
39$1,830,000$1,830,000$1,830,000$1,830,000
40$2,021,162$1,924,172$1,895,807$2,122,071
41$2,184,487$1,975,623$1,916,483$2,243,000
42$2,363,121$2,028,245$1,936,502$2,370,036
43$2,558,584$2,082,054$1,955,799$2,507,570
44$2,772,549$2,137,063$1,974,307$2,656,624
45$3,006,857$2,193,288$1,991,955$2,818,319
46$3,263,537$2,250,740$2,008,666$2,993,895
47$3,544,823$2,309,431$2,024,362$3,184,715
48$3,853,175$2,369,373$2,038,958$3,392,279
49$4,191,303$2,430,576$2,052,367$3,618,244
50$4,562,190$2,493,048$2,064,495$3,864,431
51$4,969,124$2,556,798$2,075,246$4,132,849
52$5,415,725$2,621,832$2,084,518$4,425,710
53$5,905,982$2,688,155$2,092,202$4,745,454
54$6,444,287$2,755,769$2,098,186$5,094,765
55$7,035,480$2,824,678$2,102,351$5,476,603
56$7,684,892$2,894,880$2,104,573$5,894,232
57$8,398,396$2,966,374$2,104,720$6,351,244
58$9,182,460$3,039,154$2,102,657$6,851,599
59$10,044,213$3,113,215$2,098,238$7,399,664
60$10,991,507$3,188,547$2,091,313$8,000,246
61$12,032,993$3,265,138$2,081,724$8,658,646
62$13,178,201$3,342,972$2,069,305$9,380,705
63$14,437,633$3,422,033$2,053,881$10,172,859
64$15,822,857$3,502,298$2,035,272$11,042,202
65$17,346,621$3,583,743$2,013,286$11,996,550
66$19,022,968$3,666,338$1,987,723$13,044,521
67$20,867,372$3,750,051$1,958,373$14,195,606
68$22,896,884$3,834,843$1,925,019$15,460,271
69$25,130,289$3,920,673$1,887,430$16,850,045
70$27,588,286$4,007,493$1,845,366$18,377,639
71$30,293,682$4,095,251$1,798,576$20,057,056
72$33,271,607$4,183,888$1,746,798$21,903,733
73$36,549,751$4,273,338$1,689,756$23,934,681
74$40,158,626$4,363,532$1,627,163$26,168,647
75$44,131,851$4,454,391$1,558,718$28,626,293
76$48,506,472$4,545,828$1,484,108$31,330,388
77$53,323,310$4,637,751$1,403,003$34,306,029
78$58,627,344$4,730,058$1,315,060$37,580,871
79$64,468,139$4,822,636$1,219,920$41,185,396
80$70,900,310$4,915,366$1,117,208$45,153,194
81$77,984,040$5,008,118$1,006,533$49,521,287
82$85,785,645$5,100,748$887,485$54,330,474
83$94,378,202$5,193,106$759,637$59,625,720
84$103,842,236$5,285,026$622,542$65,456,581
85$114,266,481$5,376,329$475,734$71,877,667
86$125,748,718$5,466,825$318,727$78,949,169
87$138,396,695$5,556,307$151,012$86,737,416
88$152,329,146$5,644,555$0$95,315,511
89$167,676,911$5,731,330$0$104,770,582
90$184,584,170$5,816,379$0$115,223,108
91$203,209,801$5,899,428$0$126,735,585
92$223,728,885$5,980,184$0$139,415,992
93$246,334,354$6,058,336$0$153,383,317
94$271,238,812$6,133,548$0$168,768,684
95$298,676,543$6,205,464$0$185,716,591
96$328,905,721$6,273,702$0$204,386,274
97$362,210,846$6,337,855$0$224,953,208
98$398,905,432$6,397,489$0$247,610,768
99$439,334,961$6,452,141$0$272,572,049
100$483,880,149$6,501,318$0$300,071,885