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%14.6%
1 years$153,597$152,229$150,894$149,591$148,319$145,503
2 years$76,038$74,622$73,250$71,919$70,628$67,802
3 years$50,189$48,766$47,397$46,079$44,809$42,061
4 years$37,266$35,848$34,493$33,197$31,958$29,309
5 years$29,515$28,106$26,768$25,499$24,294$21,752
6 years$24,349$22,950$21,633$20,392$19,223$16,790
7 years$20,661$19,274$17,977$16,765$15,634$13,311
8 years$17,896$16,521$15,246$14,064$12,970$10,757
9 years$15,746$14,385$13,131$11,979$10,922$8,817
10 years$14,027$12,679$11,448$10,326$9,306$7,308
11 years$12,622$11,288$10,079$8,987$8,004$6,109
12 years$11,452$10,131$8,945$7,883$6,936$5,142
13 years$10,463$9,156$7,991$6,959$6,048$4,353
14 years$9,615$8,322$7,180$6,178$5,302$3,702
15 years$8,882$7,602$6,483$5,509$4,668$3,160
16 years$8,241$6,975$5,878$4,933$4,126$2,706
17 years$7,675$6,424$5,348$4,432$3,658$2,324
18 years$7,173$5,936$4,882$3,994$3,253$2,000
19 years$6,725$5,501$4,470$3,609$2,899$1,724
20 years$6,322$5,112$4,102$3,269$2,590$1,489
21 years$5,957$4,762$3,773$2,967$2,317$1,288
22 years$5,626$4,445$3,477$2,697$2,077$1,115
23 years$5,325$4,157$3,211$2,457$1,865$967
24 years$5,049$3,895$2,969$2,241$1,676$839
25 years$4,795$3,655$2,750$2,046$1,508$728
26 years$4,562$3,435$2,551$1,871$1,358$633
27 years$4,346$3,233$2,369$1,713$1,225$550
28 years$4,146$3,047$2,202$1,569$1,105$478
29 years$3,959$2,874$2,049$1,439$998$416
30 years$3,786$2,714$1,909$1,321$902$362
31 years$3,624$2,566$1,779$1,213$815$315
32 years$3,473$2,428$1,660$1,115$737$275
33 years$3,331$2,299$1,550$1,025$667$239
34 years$3,198$2,179$1,448$943$604$209
35 years$3,072$2,067$1,354$868$547$182
36 years$2,954$1,962$1,267$800$496$158
37 years$2,843$1,863$1,186$737$449$138
38 years$2,737$1,771$1,110$679$407$120
39 years$2,637$1,684$1,040$626$369$105
40 years$2,543$1,602$975$577$335$92
41 years$2,453$1,525$914$533$304$80
42 years$2,368$1,452$858$492$276$70
43 years$2,287$1,384$805$454$250$61
44 years$2,210$1,319$755$419$227$53
45 years$2,136$1,258$709$387$206$46
46 years$2,066$1,200$666$358$187$40
47 years$2,000$1,145$626$330$170$35
48 years$1,936$1,093$588$305$154$31
49 years$1,874$1,044$553$282$140$27
50 years$1,816$997$520$261$127$23

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 $2,773 every year, while hoping to spend $43,198 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: 65/29/6 Blend
39$1,860,000$1,860,000$1,860,000$1,860,000
40$2,052,580$1,954,000$1,925,170$2,183,834
41$2,215,981$2,003,784$1,943,701$2,321,200
42$2,394,601$2,054,559$1,961,405$2,465,809
43$2,589,947$2,106,329$1,978,209$2,622,650
44$2,803,677$2,159,095$1,994,035$2,792,905
45$3,037,620$2,212,858$2,008,802$2,977,880
46$3,293,785$2,267,616$2,022,424$3,179,009
47$3,574,388$2,323,366$2,034,813$3,397,873
48$3,881,869$2,380,105$2,045,873$3,636,211
49$4,218,914$2,437,824$2,055,504$3,895,941
50$4,588,482$2,496,517$2,063,602$4,179,173
51$4,993,832$2,556,171$2,070,058$4,488,231
52$5,438,554$2,616,774$2,074,755$4,825,675
53$5,926,601$2,678,310$2,077,574$5,194,326
54$6,462,328$2,740,761$2,078,386$5,597,289
55$7,050,532$2,804,105$2,077,059$6,037,986
56$7,696,498$2,868,318$2,073,453$6,520,187
57$8,406,047$2,933,372$2,067,420$7,048,043
58$9,185,593$2,999,236$2,058,807$7,626,130
59$10,042,199$3,065,874$2,047,452$8,259,487
60$10,983,648$3,133,247$2,033,187$8,953,667
61$12,018,515$3,201,311$2,015,834$9,714,788
62$13,156,247$3,270,019$1,995,208$10,549,590
63$14,407,251$3,339,316$1,971,113$11,465,500
64$15,782,992$3,409,144$1,943,347$12,470,700
65$17,296,104$3,479,439$1,911,697$13,574,208
66$18,960,506$3,550,131$1,875,938$14,785,959
67$20,791,534$3,621,144$1,835,838$16,116,899
68$22,806,083$3,692,393$1,791,151$17,579,092
69$25,022,772$3,763,788$1,741,623$19,185,830
70$27,462,112$3,835,232$1,686,985$20,951,760
71$30,146,707$3,906,617$1,626,958$22,893,023
72$33,101,459$3,977,829$1,561,249$25,027,403
73$36,353,809$4,048,744$1,489,552$27,374,501
74$39,933,992$4,119,227$1,411,547$29,955,914
75$43,875,326$4,189,136$1,326,900$32,795,441
76$48,214,519$4,258,314$1,235,262$35,919,311
77$52,992,024$4,326,594$1,136,267$39,356,424
78$58,252,412$4,393,799$1,029,533$43,138,630
79$64,044,798$4,459,736$914,663$47,301,029
80$70,423,304$4,524,199$791,240$51,882,297
81$77,447,563$4,586,967$658,829$56,925,059
82$85,183,291$4,647,805$516,976$62,476,285
83$93,702,900$4,706,461$365,208$68,587,739
84$103,086,183$4,762,664$203,030$75,316,465
85$113,421,066$4,816,127$29,924$82,725,326
86$124,804,441$4,866,544$0$90,883,596
87$137,343,074$4,913,584$0$99,877,532
88$151,154,618$4,956,901$0$109,784,042
89$166,368,720$4,996,120$0$120,693,961
90$183,128,245$5,030,845$0$132,709,504
91$201,590,624$5,060,654$0$145,943,310
92$221,929,339$5,085,097$0$160,519,507
93$244,335,562$5,103,697$0$176,574,887
94$269,019,956$5,115,946$0$194,260,194
95$296,214,667$5,121,303$0$213,741,549
96$326,175,511$5,119,195$0$235,202,019
97$359,184,390$5,109,012$0$258,843,345
98$395,551,953$5,090,108$0$284,887,848
99$435,620,525$5,061,797$0$313,580,528
100$479,767,344$5,023,350$0$345,191,377