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

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$152,771$151,410$150,083$148,787$147,522$145,437
2 years$75,629$74,221$72,856$71,532$70,248$68,152
3 years$49,919$48,504$47,142$45,831$44,568$42,526
4 years$37,066$35,656$34,308$33,019$31,787$29,814
5 years$29,356$27,954$26,624$25,362$24,164$22,266
6 years$24,218$22,827$21,516$20,282$19,120$17,299
7 years$20,550$19,170$17,880$16,675$15,550$13,807
8 years$17,799$16,432$15,164$13,988$12,900$11,235
9 years$15,661$14,307$13,061$11,915$10,864$9,275
10 years$13,952$12,611$11,386$10,271$9,256$7,744
11 years$12,554$11,227$10,024$8,939$7,961$6,523
12 years$11,391$10,077$8,896$7,840$6,899$5,533
13 years$10,407$9,106$7,948$6,922$6,016$4,721
14 years$9,564$8,277$7,142$6,144$5,273$4,047
15 years$8,834$7,562$6,448$5,480$4,643$3,483
16 years$8,196$6,938$5,846$4,907$4,104$3,008
17 years$7,634$6,389$5,320$4,408$3,638$2,605
18 years$7,135$5,904$4,856$3,973$3,235$2,262
19 years$6,689$5,472$4,446$3,590$2,884$1,967
20 years$6,288$5,085$4,080$3,251$2,576$1,715
21 years$5,925$4,736$3,753$2,951$2,305$1,496
22 years$5,596$4,421$3,459$2,683$2,066$1,308
23 years$5,296$4,135$3,194$2,443$1,855$1,144
24 years$5,022$3,874$2,953$2,229$1,667$1,002
25 years$4,770$3,636$2,736$2,035$1,500$878
26 years$4,537$3,417$2,537$1,861$1,351$770
27 years$4,322$3,216$2,356$1,703$1,218$676
28 years$4,123$3,030$2,190$1,561$1,099$594
29 years$3,938$2,859$2,038$1,431$993$522
30 years$3,766$2,700$1,898$1,313$897$459
31 years$3,605$2,552$1,770$1,206$811$403
32 years$3,454$2,415$1,651$1,109$733$355
33 years$3,313$2,287$1,542$1,019$664$312
34 years$3,180$2,167$1,441$938$601$275
35 years$3,056$2,056$1,347$863$544$242
36 years$2,938$1,951$1,260$795$493$213
37 years$2,827$1,853$1,179$733$447$188
38 years$2,722$1,761$1,104$675$405$165
39 years$2,623$1,675$1,035$623$367$146
40 years$2,529$1,593$970$574$333$128
41 years$2,440$1,517$909$530$302$113
42 years$2,355$1,444$853$489$274$100
43 years$2,275$1,376$800$451$249$88
44 years$2,198$1,312$751$417$226$77
45 years$2,125$1,251$705$385$205$68
46 years$2,055$1,193$663$356$186$60
47 years$1,989$1,139$622$329$169$53
48 years$1,925$1,087$585$304$154$47
49 years$1,864$1,038$550$281$140$41
50 years$1,806$992$517$259$127$36

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 $4,672 every year, while hoping to spend $43,209 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: 65/5/30 Blend
39$1,850,000$1,850,000$1,850,000$1,850,000
40$2,043,519$1,945,469$1,916,794$2,159,735
41$2,205,984$1,994,823$1,935,033$2,288,355
42$2,383,572$2,045,147$1,952,434$2,423,710
43$2,577,781$2,096,443$1,968,925$2,570,742
44$2,790,257$2,148,712$1,984,427$2,730,609
45$3,022,817$2,201,953$1,998,859$2,904,584
46$3,277,459$2,256,163$2,012,135$3,094,072
47$3,556,383$2,311,338$2,024,164$3,300,623
48$3,862,013$2,367,472$2,034,853$3,525,941
49$4,197,018$2,424,558$2,044,100$3,771,908
50$4,564,337$2,482,585$2,051,801$4,040,596
51$4,967,208$2,541,541$2,057,845$4,334,290
52$5,409,198$2,601,410$2,062,117$4,655,507
53$5,894,233$2,662,177$2,064,495$5,007,023
54$6,426,641$2,723,819$2,064,852$5,391,897
55$7,011,187$2,786,315$2,063,053$5,813,498
56$7,653,122$2,849,638$2,058,959$6,275,544
57$8,358,227$2,913,758$2,052,421$6,782,128
58$9,132,875$2,978,640$2,043,286$7,337,767
59$9,984,083$3,044,249$2,031,391$7,947,434
60$10,919,584$3,110,541$2,016,567$8,616,613
61$11,947,895$3,177,471$1,998,635$9,351,349
62$13,078,401$3,244,988$1,977,410$10,158,303
63$14,321,441$3,313,035$1,952,697$11,044,818
64$15,688,406$3,381,552$1,924,290$12,018,987
65$17,191,846$3,450,471$1,891,976$13,089,730
66$18,845,588$3,519,718$1,855,531$14,266,878
67$20,664,868$3,589,213$1,814,721$15,561,268
68$22,666,470$3,658,871$1,769,300$16,984,842
69$24,868,891$3,728,596$1,719,012$18,550,764
70$27,292,507$3,798,286$1,663,588$20,273,543
71$29,959,771$3,867,831$1,602,748$22,169,170
72$32,895,425$3,937,112$1,536,197$24,255,268
73$36,126,728$4,006,000$1,463,629$26,551,262
74$39,683,717$4,074,357$1,384,723$29,078,562
75$43,599,489$4,142,033$1,299,144$31,860,762
76$47,910,513$4,208,868$1,206,541$34,923,870
77$52,656,973$4,274,691$1,106,548$38,296,547
78$57,883,149$4,339,315$998,782$42,010,382
79$63,637,832$4,402,544$882,844$46,100,191
80$69,974,788$4,464,165$758,315$50,604,345
81$76,953,258$4,523,952$624,761$55,565,133
82$84,638,525$4,581,660$481,726$61,029,163
83$93,102,525$4,637,032$328,734$67,047,802
84$102,424,525$4,689,789$165,289$73,677,662
85$112,691,874$4,739,635$0$80,981,133
86$124,000,823$4,786,256$0$89,029,904
87$136,457,439$4,829,314$0$97,953,484
88$150,178,598$4,868,451$0$107,782,608
89$165,293,094$4,903,284$0$118,609,510
90$181,942,851$4,933,406$0$130,535,827
91$200,284,264$4,958,386$0$143,673,561
92$220,489,674$4,977,761$0$158,146,133
93$242,748,992$4,991,043$0$174,089,550
94$267,271,496$4,997,711$0$191,653,690
95$294,287,802$4,997,212$0$211,003,711
96$324,052,041$4,988,959$0$232,321,615
97$356,844,260$4,972,328$0$255,807,965
98$392,973,060$4,946,658$0$281,683,776
99$432,778,515$4,911,247$0$310,192,604
100$476,635,375$4,865,350$0$341,602,843