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

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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$151,120$149,774$148,460$147,178$145,927$140,192
2 years$74,812$73,418$72,068$70,759$69,489$63,782
3 years$49,379$47,980$46,633$45,336$44,087$38,586
4 years$36,665$35,270$33,937$32,662$31,443$26,192
5 years$29,039$27,652$26,336$25,088$23,902$18,913
6 years$23,956$22,580$21,284$20,063$18,913$14,189
7 years$20,327$18,963$17,687$16,495$15,381$10,922
8 years$17,607$16,255$15,000$13,837$12,760$8,560
9 years$15,492$14,153$12,919$11,786$10,746$6,799
10 years$13,801$12,475$11,263$10,160$9,156$5,454
11 years$12,419$11,106$9,916$8,842$7,875$4,410
12 years$11,267$9,968$8,800$7,756$6,824$3,587
13 years$10,294$9,008$7,862$6,847$5,951$2,931
14 years$9,460$8,188$7,064$6,078$5,216$2,405
15 years$8,739$7,480$6,378$5,421$4,593$1,979
16 years$8,108$6,863$5,783$4,853$4,059$1,633
17 years$7,551$6,320$5,262$4,361$3,599$1,350
18 years$7,058$5,840$4,804$3,930$3,200$1,118
19 years$6,616$5,413$4,398$3,551$2,852$927
20 years$6,220$5,030$4,036$3,216$2,548$769
21 years$5,861$4,685$3,712$2,919$2,280$639
22 years$5,536$4,373$3,421$2,654$2,044$532
23 years$5,239$4,090$3,159$2,417$1,835$442
24 years$4,967$3,832$2,922$2,204$1,649$368
25 years$4,718$3,596$2,706$2,013$1,484$307
26 years$4,488$3,380$2,510$1,841$1,337$256
27 years$4,276$3,181$2,330$1,685$1,205$213
28 years$4,079$2,997$2,166$1,544$1,087$178
29 years$3,896$2,828$2,016$1,416$982$148
30 years$3,725$2,670$1,878$1,299$887$123
31 years$3,566$2,524$1,751$1,193$802$103
32 years$3,417$2,389$1,633$1,097$726$86
33 years$3,277$2,262$1,525$1,008$657$72
34 years$3,146$2,144$1,425$928$594$60
35 years$3,023$2,034$1,332$854$538$50
36 years$2,906$1,930$1,246$787$488$42
37 years$2,797$1,833$1,167$725$442$35
38 years$2,693$1,742$1,092$668$401$29
39 years$2,595$1,657$1,023$616$364$24
40 years$2,502$1,576$959$568$330$20
41 years$2,414$1,500$899$524$299$17
42 years$2,330$1,429$844$484$271$14
43 years$2,250$1,361$792$447$246$12
44 years$2,174$1,298$743$412$224$10
45 years$2,102$1,237$698$381$203$8
46 years$2,033$1,181$655$352$184$7
47 years$1,967$1,127$616$325$167$6
48 years$1,904$1,075$579$300$152$5
49 years$1,844$1,027$544$278$138$4
50 years$1,787$981$511$257$125$3

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 $3,800 every year, while hoping to spend $33,634 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: 53/30/17 Blend
39$1,830,000$1,830,000$1,830,000$1,830,000
40$2,020,580$1,923,590$1,895,225$2,118,183
41$2,190,893$1,982,059$1,922,928$2,243,880
42$2,377,450$2,042,267$1,950,433$2,376,704
43$2,581,874$2,104,261$1,977,696$2,520,486
44$2,805,949$2,168,094$2,004,673$2,676,277
45$3,051,643$2,233,818$2,031,317$2,845,234
46$3,321,121$2,301,486$2,057,577$3,028,629
47$3,616,770$2,371,153$2,083,400$3,227,865
48$3,941,217$2,442,877$2,108,731$3,444,485
49$4,297,357$2,516,714$2,133,509$3,680,186
50$4,688,379$2,592,724$2,157,673$3,936,840
51$5,117,795$2,670,969$2,181,156$4,216,505
52$5,589,474$2,751,510$2,203,889$4,521,449
53$6,107,679$2,834,413$2,225,798$4,854,168
54$6,677,105$2,919,742$2,246,805$5,217,413
55$7,302,926$3,007,565$2,266,829$5,614,211
56$7,990,840$3,097,951$2,285,783$6,047,899
57$8,747,126$3,190,971$2,303,578$6,522,149
58$9,578,702$3,286,698$2,320,117$7,041,008
59$10,493,189$3,385,206$2,335,300$7,608,933
60$11,498,984$3,486,570$2,349,022$8,230,835
61$12,605,337$3,590,869$2,361,171$8,912,120
62$13,822,443$3,698,183$2,371,631$9,658,748
63$15,161,531$3,808,592$2,380,280$10,477,282
64$16,634,976$3,922,182$2,386,988$11,374,954
65$18,256,411$4,039,037$2,391,620$12,359,729
66$20,040,860$4,159,245$2,394,034$13,440,385
67$22,004,876$4,282,896$2,394,082$14,626,591
68$24,166,696$4,410,080$2,391,607$15,929,002
69$26,546,417$4,540,893$2,386,444$17,359,355
70$29,166,184$4,675,428$2,378,422$18,930,585
71$32,050,395$4,813,785$2,367,360$20,656,941
72$35,225,938$4,956,064$2,353,069$22,554,126
73$38,722,439$5,102,365$2,335,351$24,639,440
74$42,572,540$5,252,794$2,313,999$26,931,945
75$46,812,216$5,407,457$2,288,794$29,452,648
76$51,481,102$5,566,463$2,259,509$32,224,692
77$56,622,877$5,729,923$2,225,905$35,273,583
78$62,285,671$5,897,949$2,187,733$38,627,421
79$68,522,518$6,070,657$2,144,731$42,317,174
80$75,391,860$6,248,164$2,096,624$46,376,965
81$82,958,096$6,430,591$2,043,128$50,844,393
82$91,292,192$6,618,059$1,983,942$55,760,892
83$100,472,344$6,810,693$1,918,753$61,172,120
84$110,584,725$7,008,619$1,847,233$67,128,387
85$121,724,291$7,211,965$1,769,040$73,685,136
86$133,995,680$7,420,863$1,683,814$80,903,458
87$147,514,200$7,635,446$1,591,182$88,850,678
88$162,406,914$7,855,849$1,490,753$97,600,982
89$178,813,842$8,082,208$1,382,116$107,236,121
90$196,889,282$8,314,664$1,264,845$117,846,185
91$216,803,264$8,553,358$1,138,492$129,530,446
92$238,743,158$8,798,433$1,002,592$142,398,304
93$262,915,438$9,050,035$856,657$156,570,313
94$289,547,636$9,308,310$700,179$172,179,323
95$318,890,485$9,573,407$532,625$189,371,729
96$351,220,288$9,845,477$353,441$208,308,861
97$386,841,525$10,124,673$162,049$229,168,498
98$426,089,726$10,411,147$0$252,146,555
99$469,334,639$10,705,055$0$277,466,578
100$516,983,723$11,006,553$0$305,390,694