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%16.7%
1 years$151,120$149,774$148,460$147,178$145,927$141,939
2 years$74,812$73,418$72,068$70,759$69,489$65,500
3 years$49,379$47,980$46,633$45,336$44,087$40,222
4 years$36,665$35,270$33,937$32,662$31,443$27,732
5 years$29,039$27,652$26,336$25,088$23,902$20,356
6 years$23,956$22,580$21,284$20,063$18,913$15,534
7 years$20,327$18,963$17,687$16,495$15,381$12,170
8 years$17,607$16,255$15,000$13,837$12,760$9,714
9 years$15,492$14,153$12,919$11,786$10,746$7,863
10 years$13,801$12,475$11,263$10,160$9,156$6,433
11 years$12,419$11,106$9,916$8,842$7,875$5,306
12 years$11,267$9,968$8,800$7,756$6,824$4,406
13 years$10,294$9,008$7,862$6,847$5,951$3,677
14 years$9,460$8,188$7,064$6,078$5,216$3,083
15 years$8,739$7,480$6,378$5,421$4,593$2,593
16 years$8,108$6,863$5,783$4,853$4,059$2,188
17 years$7,551$6,320$5,262$4,361$3,599$1,850
18 years$7,058$5,840$4,804$3,930$3,200$1,568
19 years$6,616$5,413$4,398$3,551$2,852$1,331
20 years$6,220$5,030$4,036$3,216$2,548$1,131
21 years$5,861$4,685$3,712$2,919$2,280$963
22 years$5,536$4,373$3,421$2,654$2,044$820
23 years$5,239$4,090$3,159$2,417$1,835$700
24 years$4,967$3,832$2,922$2,204$1,649$597
25 years$4,718$3,596$2,706$2,013$1,484$510
26 years$4,488$3,380$2,510$1,841$1,337$435
27 years$4,276$3,181$2,330$1,685$1,205$372
28 years$4,079$2,997$2,166$1,544$1,087$318
29 years$3,896$2,828$2,016$1,416$982$272
30 years$3,725$2,670$1,878$1,299$887$233
31 years$3,566$2,524$1,751$1,193$802$199
32 years$3,417$2,389$1,633$1,097$726$170
33 years$3,277$2,262$1,525$1,008$657$146
34 years$3,146$2,144$1,425$928$594$125
35 years$3,023$2,034$1,332$854$538$107
36 years$2,906$1,930$1,246$787$488$92
37 years$2,797$1,833$1,167$725$442$78
38 years$2,693$1,742$1,092$668$401$67
39 years$2,595$1,657$1,023$616$364$58
40 years$2,502$1,576$959$568$330$49
41 years$2,414$1,500$899$524$299$42
42 years$2,330$1,429$844$484$271$36
43 years$2,250$1,361$792$447$246$31
44 years$2,174$1,298$743$412$224$27
45 years$2,102$1,237$698$381$203$23
46 years$2,033$1,181$655$352$184$19
47 years$1,967$1,127$616$325$167$17
48 years$1,904$1,075$579$300$152$14
49 years$1,844$1,027$544$278$138$12
50 years$1,787$981$511$257$125$11

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 $5,203 every year, while hoping to spend $33,554 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: 68/24/8 Blend
39$1,830,000$1,830,000$1,830,000$1,830,000
40$2,022,027$1,925,037$1,896,672$2,156,240
41$2,192,572$1,983,663$1,924,509$2,304,543
42$2,379,389$2,044,036$1,952,154$2,462,116
43$2,584,101$2,106,208$1,979,566$2,633,535
44$2,808,497$2,170,230$2,006,699$2,820,150
45$3,054,547$2,236,155$2,033,507$3,023,447
46$3,324,421$2,304,037$2,059,940$3,245,062
47$3,620,509$2,373,931$2,085,945$3,486,795
48$3,945,443$2,445,897$2,111,466$3,750,630
49$4,302,124$2,519,991$2,136,446$4,038,748
50$4,693,744$2,596,274$2,160,820$4,353,554
51$5,123,824$2,674,809$2,184,525$4,697,694
52$5,596,237$2,755,658$2,207,490$5,074,084
53$6,115,256$2,838,887$2,229,643$5,485,934
54$6,685,582$2,924,563$2,250,907$5,936,778
55$7,312,398$3,012,754$2,271,199$6,430,511
56$8,001,414$3,103,530$2,290,436$6,971,422
57$8,758,919$3,196,964$2,308,526$7,564,234
58$9,591,842$3,293,128$2,325,375$8,214,152
59$10,507,818$3,392,099$2,340,883$8,926,906
60$11,515,258$3,493,955$2,354,945$9,708,812
61$12,623,430$3,598,774$2,367,451$10,566,825
62$13,842,544$3,706,638$2,378,285$11,508,607
63$15,183,851$3,817,631$2,387,325$12,542,600
64$16,659,746$3,931,837$2,394,442$13,678,104
65$18,283,887$4,049,344$2,399,504$14,925,366
66$20,071,324$4,170,242$2,402,367$16,295,671
67$22,038,637$4,294,622$2,402,884$17,801,458
68$24,204,097$4,422,578$2,400,900$19,456,429
69$26,587,837$4,554,206$2,396,252$21,275,680
70$29,212,037$4,689,603$2,388,767$23,275,844
71$32,101,142$4,828,871$2,378,268$25,475,249
72$35,282,083$4,972,111$2,364,565$27,894,088
73$38,784,540$5,119,428$2,347,462$30,554,610
74$42,641,213$5,270,930$2,326,752$33,481,330
75$46,888,138$5,426,726$2,302,219$36,701,263
76$51,565,020$5,586,928$2,273,636$40,244,171
77$56,715,615$5,751,651$2,240,766$44,142,852
78$62,388,136$5,921,009$2,203,359$48,433,445
79$68,635,711$6,095,124$2,161,157$53,155,771
80$75,516,884$6,274,116$2,113,886$58,353,708
81$83,096,167$6,458,109$2,061,263$64,075,606
82$91,444,649$6,647,229$2,002,988$70,374,745
83$100,640,665$6,841,605$1,938,750$77,309,833
84$110,770,537$7,041,368$1,868,223$84,945,562
85$121,929,390$7,246,653$1,791,065$93,353,220
86$134,222,043$7,457,594$1,706,922$102,611,361
87$147,764,006$7,674,331$1,615,418$112,806,548
88$162,682,566$7,897,005$1,516,166$124,034,166
89$179,117,988$8,125,758$1,408,758$136,399,330
90$197,224,840$8,360,737$1,292,768$150,017,866
91$217,173,450$8,602,090$1,167,753$165,017,414
92$239,151,516$8,849,967$1,033,247$181,538,627
93$263,365,876$9,104,520$888,766$199,736,498
94$290,044,459$9,365,906$733,803$219,781,828
95$319,438,439$9,634,280$567,830$241,862,831
96$351,824,602$9,909,801$390,295$266,186,916
97$387,507,961$10,192,632$200,620$292,982,641
98$426,824,637$10,482,935$0$322,501,871
99$470,145,027$10,780,875$0$355,022,312
100$517,877,300$11,086,619$0$390,867,950