Can I retire at age 40 with 1,860,000?

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$153,597$152,229$150,894$149,591$148,319$146,344
2 years$76,038$74,622$73,250$71,919$70,628$68,642
3 years$50,189$48,766$47,397$46,079$44,809$42,873
4 years$37,266$35,848$34,493$33,197$31,958$30,087
5 years$29,515$28,106$26,768$25,499$24,294$22,494
6 years$24,349$22,950$21,633$20,392$19,223$17,495
7 years$20,661$19,274$17,977$16,765$15,634$13,979
8 years$17,896$16,521$15,246$14,064$12,970$11,388
9 years$15,746$14,385$13,131$11,979$10,922$9,413
10 years$14,027$12,679$11,448$10,326$9,306$7,868
11 years$12,622$11,288$10,079$8,987$8,004$6,636
12 years$11,452$10,131$8,945$7,883$6,936$5,636
13 years$10,463$9,156$7,991$6,959$6,048$4,815
14 years$9,615$8,322$7,180$6,178$5,302$4,133
15 years$8,882$7,602$6,483$5,509$4,668$3,563
16 years$8,241$6,975$5,878$4,933$4,126$3,081
17 years$7,675$6,424$5,348$4,432$3,658$2,672
18 years$7,173$5,936$4,882$3,994$3,253$2,323
19 years$6,725$5,501$4,470$3,609$2,899$2,024
20 years$6,322$5,112$4,102$3,269$2,590$1,766
21 years$5,957$4,762$3,773$2,967$2,317$1,544
22 years$5,626$4,445$3,477$2,697$2,077$1,351
23 years$5,325$4,157$3,211$2,457$1,865$1,184
24 years$5,049$3,895$2,969$2,241$1,676$1,038
25 years$4,795$3,655$2,750$2,046$1,508$912
26 years$4,562$3,435$2,551$1,871$1,358$801
27 years$4,346$3,233$2,369$1,713$1,225$704
28 years$4,146$3,047$2,202$1,569$1,105$619
29 years$3,959$2,874$2,049$1,439$998$545
30 years$3,786$2,714$1,909$1,321$902$480
31 years$3,624$2,566$1,779$1,213$815$423
32 years$3,473$2,428$1,660$1,115$737$373
33 years$3,331$2,299$1,550$1,025$667$328
34 years$3,198$2,179$1,448$943$604$289
35 years$3,072$2,067$1,354$868$547$255
36 years$2,954$1,962$1,267$800$496$225
37 years$2,843$1,863$1,186$737$449$199
38 years$2,737$1,771$1,110$679$407$175
39 years$2,637$1,684$1,040$626$369$155
40 years$2,543$1,602$975$577$335$137
41 years$2,453$1,525$914$533$304$120
42 years$2,368$1,452$858$492$276$106
43 years$2,287$1,384$805$454$250$94
44 years$2,210$1,319$755$419$227$83
45 years$2,136$1,258$709$387$206$73
46 years$2,066$1,200$666$358$187$65
47 years$2,000$1,145$626$330$170$57
48 years$1,936$1,093$588$305$154$50
49 years$1,874$1,044$553$282$140$45
50 years$1,816$997$520$261$127$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,860,000, adding $4,025 every year, while hoping to spend $55,007 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: 57/14/29 Blend
39$1,860,000$1,860,000$1,860,000$1,860,000
40$2,053,872$1,955,292$1,926,462$2,154,352
41$2,204,840$1,992,574$1,932,471$2,261,141
42$2,369,363$2,029,840$1,936,838$2,371,404
43$2,548,765$2,067,029$1,939,450$2,490,480
44$2,744,506$2,104,080$1,940,188$2,619,242
45$2,958,188$2,140,923$1,938,927$2,758,648
46$3,191,579$2,177,484$1,935,537$2,909,759
47$3,446,623$2,213,683$1,929,880$3,073,744
48$3,725,460$2,249,436$1,921,813$3,251,892
49$4,030,449$2,284,650$1,911,185$3,445,625
50$4,364,183$2,319,226$1,897,839$3,656,511
51$4,729,522$2,353,060$1,881,608$3,886,281
52$5,129,610$2,386,037$1,862,319$4,136,843
53$5,567,915$2,418,038$1,839,792$4,410,301
54$6,048,252$2,448,931$1,813,834$4,708,977
55$6,574,824$2,478,579$1,784,248$5,035,431
56$7,152,261$2,506,834$1,750,825$5,392,486
57$7,785,660$2,533,538$1,713,347$5,783,258
58$8,480,638$2,558,522$1,671,584$6,211,180
59$9,243,381$2,581,607$1,625,300$6,680,041
60$10,080,701$2,602,601$1,574,242$7,194,016
61$11,000,104$2,621,300$1,518,151$7,757,713
62$12,009,859$2,637,487$1,456,753$8,376,212
63$13,119,072$2,650,932$1,389,762$9,055,114
64$14,337,777$2,661,388$1,316,880$9,800,596
65$15,677,029$2,668,594$1,237,793$10,619,469
66$17,149,003$2,672,272$1,152,176$11,519,244
67$18,767,115$2,672,127$1,059,688$12,508,203
68$20,546,145$2,667,846$959,972$13,595,476
69$22,502,378$2,659,096$852,657$14,791,133
70$24,653,752$2,645,524$737,353$16,106,274
71$27,020,035$2,626,755$613,654$17,553,139
72$29,623,004$2,602,392$481,137$19,145,222
73$32,486,654$2,572,012$339,359$20,897,401
74$35,637,423$2,535,171$187,858$22,826,079
75$39,104,440$2,491,394$26,151$24,949,339
76$42,919,800$2,440,180$0$27,287,118
77$47,118,869$2,380,998$0$29,906,701
78$51,740,612$2,313,285$0$32,798,591
79$56,827,964$2,236,446$0$35,981,569
80$62,428,236$2,149,851$0$39,485,259
81$68,593,556$2,052,833$0$43,342,304
82$75,381,363$1,944,687$0$47,588,681
83$82,854,953$1,824,667$0$52,264,036
84$91,084,065$1,691,983$0$57,412,059
85$100,145,552$1,545,802$0$63,080,899
86$110,124,094$1,385,242$0$69,323,616
87$121,113,003$1,209,371$0$76,198,687
88$133,215,104$1,017,204$0$83,770,551
89$146,543,698$807,701$0$92,110,225
90$161,223,640$579,763$0$101,295,970
91$177,392,509$332,229$0$111,414,035
92$195,201,911$63,874$0$122,559,466
93$214,818,905$0$0$134,837,009
94$236,427,585$0$0$148,397,006
95$260,230,810$0$0$163,345,216
96$286,452,124$0$0$179,812,213
97$315,337,862$0$0$197,952,726
98$347,159,475$0$0$217,937,261
99$382,216,093$0$0$239,953,709
100$420,837,346$0$0$264,209,120