Can I retire at age 40 with 1,850,000?

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$152,771$151,410$150,083$148,787$147,522$142,628
2 years$75,629$74,221$72,856$71,532$70,248$65,366
3 years$49,919$48,504$47,142$45,831$44,568$39,850
4 years$37,066$35,656$34,308$33,019$31,787$27,268
5 years$29,356$27,954$26,624$25,362$24,164$19,858
6 years$24,218$22,827$21,516$20,282$19,120$15,030
7 years$20,550$19,170$17,880$16,675$15,550$11,675
8 years$17,799$16,432$15,164$13,988$12,900$9,237
9 years$15,661$14,307$13,061$11,915$10,864$7,409
10 years$13,952$12,611$11,386$10,271$9,256$6,004
11 years$12,554$11,227$10,024$8,939$7,961$4,905
12 years$11,391$10,077$8,896$7,840$6,899$4,033
13 years$10,407$9,106$7,948$6,922$6,016$3,332
14 years$9,564$8,277$7,142$6,144$5,273$2,764
15 years$8,834$7,562$6,448$5,480$4,643$2,301
16 years$8,196$6,938$5,846$4,907$4,104$1,920
17 years$7,634$6,389$5,320$4,408$3,638$1,606
18 years$7,135$5,904$4,856$3,973$3,235$1,346
19 years$6,689$5,472$4,446$3,590$2,884$1,130
20 years$6,288$5,085$4,080$3,251$2,576$950
21 years$5,925$4,736$3,753$2,951$2,305$799
22 years$5,596$4,421$3,459$2,683$2,066$673
23 years$5,296$4,135$3,194$2,443$1,855$567
24 years$5,022$3,874$2,953$2,229$1,667$478
25 years$4,770$3,636$2,736$2,035$1,500$403
26 years$4,537$3,417$2,537$1,861$1,351$340
27 years$4,322$3,216$2,356$1,703$1,218$287
28 years$4,123$3,030$2,190$1,561$1,099$243
29 years$3,938$2,859$2,038$1,431$993$205
30 years$3,766$2,700$1,898$1,313$897$173
31 years$3,605$2,552$1,770$1,206$811$146
32 years$3,454$2,415$1,651$1,109$733$124
33 years$3,313$2,287$1,542$1,019$664$105
34 years$3,180$2,167$1,441$938$601$88
35 years$3,056$2,056$1,347$863$544$75
36 years$2,938$1,951$1,260$795$493$63
37 years$2,827$1,853$1,179$733$447$53
38 years$2,722$1,761$1,104$675$405$45
39 years$2,623$1,675$1,035$623$367$38
40 years$2,529$1,593$970$574$333$32
41 years$2,440$1,517$909$530$302$27
42 years$2,355$1,444$853$489$274$23
43 years$2,275$1,376$800$451$249$20
44 years$2,198$1,312$751$417$226$17
45 years$2,125$1,251$705$385$205$14
46 years$2,055$1,193$663$356$186$12
47 years$1,989$1,139$622$329$169$10
48 years$1,925$1,087$585$304$154$8
49 years$1,864$1,038$550$281$140$7
50 years$1,806$992$517$259$127$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,850,000, adding $3,545 every year, while hoping to spend $55,036 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: 73/9/18 Blend
39$1,850,000$1,850,000$1,850,000$1,850,000
40$2,042,357$1,944,307$1,915,632$2,182,611
41$2,192,119$1,981,020$1,921,247$2,312,881
42$2,355,313$2,017,687$1,925,207$2,448,519
43$2,533,250$2,054,249$1,927,396$2,595,683
44$2,727,373$2,090,639$1,927,696$2,755,506
45$2,939,273$2,126,788$1,925,982$2,929,236
46$3,170,699$2,162,621$1,922,122$3,118,251
47$3,423,576$2,198,055$1,915,978$3,324,066
48$3,700,024$2,233,003$1,907,408$3,548,351
49$4,002,379$2,267,372$1,896,258$3,792,949
50$4,333,209$2,301,062$1,882,370$4,059,886
51$4,695,346$2,333,963$1,865,579$4,351,401
52$5,091,906$2,365,962$1,845,710$4,669,955
53$5,526,320$2,396,933$1,822,581$5,018,266
54$6,002,368$2,426,747$1,796,001$5,399,324
55$6,524,212$2,455,260$1,765,770$5,816,430
56$7,096,437$2,482,323$1,731,679$6,273,217
57$7,724,092$2,507,775$1,693,508$6,773,691
58$8,412,738$2,531,445$1,651,029$7,322,269
59$9,168,500$2,553,149$1,604,002$7,923,815
60$9,998,127$2,572,693$1,552,176$8,583,695
61$10,909,051$2,589,869$1,495,288$9,307,817
62$11,909,458$2,604,457$1,433,065$10,102,698
63$13,008,370$2,616,222$1,365,219$10,975,518
64$14,215,721$2,624,915$1,291,451$11,934,191
65$15,542,457$2,630,268$1,211,448$12,987,440
66$17,000,638$2,632,002$1,124,882$14,144,877
67$18,603,548$2,629,815$1,031,410$15,417,099
68$20,365,823$2,623,389$930,676$16,815,784
69$22,303,589$2,612,387$822,305$18,353,802
70$24,434,611$2,596,450$705,909$20,045,339
71$26,778,464$2,575,198$581,079$21,906,031
72$29,356,712$2,548,228$447,390$23,953,109
73$32,193,117$2,515,111$304,398$26,205,566
74$35,313,859$2,475,396$151,639$28,684,333
75$38,747,784$2,428,601$0$31,412,482
76$42,526,674$2,374,219$0$34,417,624
77$46,685,549$2,311,710$0$37,756,819
78$51,262,996$2,240,505$0$41,431,900
79$56,301,532$2,160,000$0$45,477,012
80$61,848,004$2,069,556$0$49,929,782
81$67,954,033$1,968,497$0$54,831,672
82$74,676,499$1,856,108$0$60,228,371
83$82,078,079$1,731,634$0$66,170,229
84$90,227,834$1,594,275$0$72,712,726
85$99,201,864$1,443,185$0$79,917,002
86$109,084,025$1,277,472$0$87,850,431
87$119,966,719$1,096,192$0$96,587,255
88$131,951,765$898,346$0$106,209,290
89$145,151,363$682,883$0$116,806,695
90$159,689,145$448,687$0$128,478,822
91$175,701,350$194,586$0$141,335,158
92$193,338,104$0$0$155,496,355
93$212,764,835$0$0$171,103,358
94$234,163,840$0$0$188,316,192
95$257,735,999$0$0$207,277,185
96$283,702,672$0$0$228,164,410
97$312,307,790$0$0$251,174,097
98$343,820,155$0$0$276,522,486
99$378,535,976$0$0$304,447,862
100$416,781,665$0$0$335,212,810