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%18.2%
1 years$153,597$152,229$150,894$149,591$148,319$143,399
2 years$76,038$74,622$73,250$71,919$70,628$65,719
3 years$50,189$48,766$47,397$46,079$44,809$40,065
4 years$37,266$35,848$34,493$33,197$31,958$27,416
5 years$29,515$28,106$26,768$25,499$24,294$19,965
6 years$24,349$22,950$21,633$20,392$19,223$15,111
7 years$20,661$19,274$17,977$16,765$15,634$11,738
8 years$17,896$16,521$15,246$14,064$12,970$9,287
9 years$15,746$14,385$13,131$11,979$10,922$7,449
10 years$14,027$12,679$11,448$10,326$9,306$6,037
11 years$12,622$11,288$10,079$8,987$8,004$4,932
12 years$11,452$10,131$8,945$7,883$6,936$4,054
13 years$10,463$9,156$7,991$6,959$6,048$3,350
14 years$9,615$8,322$7,180$6,178$5,302$2,779
15 years$8,882$7,602$6,483$5,509$4,668$2,313
16 years$8,241$6,975$5,878$4,933$4,126$1,931
17 years$7,675$6,424$5,348$4,432$3,658$1,615
18 years$7,173$5,936$4,882$3,994$3,253$1,354
19 years$6,725$5,501$4,470$3,609$2,899$1,136
20 years$6,322$5,112$4,102$3,269$2,590$955
21 years$5,957$4,762$3,773$2,967$2,317$803
22 years$5,626$4,445$3,477$2,697$2,077$676
23 years$5,325$4,157$3,211$2,457$1,865$570
24 years$5,049$3,895$2,969$2,241$1,676$481
25 years$4,795$3,655$2,750$2,046$1,508$405
26 years$4,562$3,435$2,551$1,871$1,358$342
27 years$4,346$3,233$2,369$1,713$1,225$289
28 years$4,146$3,047$2,202$1,569$1,105$244
29 years$3,959$2,874$2,049$1,439$998$206
30 years$3,786$2,714$1,909$1,321$902$174
31 years$3,624$2,566$1,779$1,213$815$147
32 years$3,473$2,428$1,660$1,115$737$124
33 years$3,331$2,299$1,550$1,025$667$105
34 years$3,198$2,179$1,448$943$604$89
35 years$3,072$2,067$1,354$868$547$75
36 years$2,954$1,962$1,267$800$496$64
37 years$2,843$1,863$1,186$737$449$54
38 years$2,737$1,771$1,110$679$407$45
39 years$2,637$1,684$1,040$626$369$38
40 years$2,543$1,602$975$577$335$33
41 years$2,453$1,525$914$533$304$28
42 years$2,368$1,452$858$492$276$23
43 years$2,287$1,384$805$454$250$20
44 years$2,210$1,319$755$419$227$17
45 years$2,136$1,258$709$387$206$14
46 years$2,066$1,200$666$358$187$12
47 years$2,000$1,145$626$330$170$10
48 years$1,936$1,093$588$305$154$9
49 years$1,874$1,044$553$282$140$7
50 years$1,816$997$520$261$127$6

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 $5,092 every year, while hoping to spend $35,348 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: 71/8/21 Blend
39$1,860,000$1,860,000$1,860,000$1,860,000
40$2,054,972$1,956,392$1,927,562$2,189,943
41$2,226,970$2,014,646$1,954,526$2,338,831
42$2,415,326$2,074,569$1,981,208$2,497,123
43$2,621,672$2,136,206$2,007,561$2,669,567
44$2,847,806$2,199,602$2,033,537$2,857,561
45$3,095,704$2,264,805$2,059,083$3,062,646
46$3,367,547$2,331,862$2,084,144$3,286,520
47$3,665,735$2,400,821$2,108,661$3,531,052
48$3,992,911$2,471,732$2,132,572$3,798,300
49$4,351,987$2,544,646$2,155,812$4,090,533
50$4,746,170$2,619,614$2,178,312$4,410,251
51$5,178,993$2,696,690$2,200,000$4,760,207
52$5,654,350$2,775,927$2,220,799$5,143,434
53$6,176,526$2,857,379$2,240,628$5,563,273
54$6,750,245$2,941,105$2,259,402$6,023,407
55$7,380,711$3,027,159$2,277,033$6,527,891
56$8,073,655$3,115,602$2,293,425$7,081,197
57$8,835,393$3,206,492$2,308,480$7,688,248
58$9,672,882$3,299,889$2,322,094$8,354,472
59$10,593,789$3,395,856$2,334,156$9,085,846
60$11,606,557$3,494,454$2,344,552$9,888,959
61$12,720,492$3,595,749$2,353,161$10,771,071
62$13,945,845$3,699,804$2,359,855$11,740,181
63$15,293,912$3,806,685$2,364,501$12,805,103
64$16,777,138$3,916,459$2,366,958$13,975,550
65$18,409,235$4,029,195$2,367,081$15,262,224
66$20,205,312$4,144,961$2,364,713$16,676,920
67$22,182,017$4,263,827$2,359,694$18,232,634
68$24,357,692$4,385,864$2,351,853$19,943,686
69$26,752,549$4,511,144$2,341,013$21,825,859
70$29,388,859$4,639,739$2,326,986$23,896,543
71$32,291,159$4,771,723$2,309,577$26,174,902
72$35,486,490$4,907,170$2,288,580$28,682,053
73$39,004,647$5,046,156$2,263,782$31,441,269
74$42,878,459$5,188,756$2,234,957$34,478,194
75$47,144,103$5,335,047$2,201,870$37,821,090
76$51,841,442$5,485,105$2,164,273$41,501,099
77$57,014,402$5,639,008$2,121,909$45,552,540
78$62,711,386$5,796,834$2,074,508$50,013,232
79$68,985,730$5,958,661$2,021,786$54,924,854
80$75,896,207$6,124,567$1,963,448$60,333,332
81$83,507,581$6,294,633$1,899,185$66,289,279
82$91,891,219$6,468,935$1,828,673$72,848,470
83$101,125,764$6,647,552$1,751,573$80,072,371
84$111,297,873$6,830,564$1,667,532$88,028,715
85$122,503,042$7,018,047$1,576,181$96,792,145
86$134,846,501$7,210,080$1,477,131$106,444,919
87$148,444,209$7,406,740$1,369,980$117,077,685
88$163,423,950$7,608,101$1,254,306$128,790,338
89$179,926,535$7,814,240$1,129,667$141,692,963
90$198,107,133$8,025,230$995,603$155,906,874
91$218,136,738$8,241,143$851,633$171,565,762
92$240,203,777$8,462,051$697,254$188,816,953
93$264,515,892$8,688,021$531,942$207,822,803
94$291,301,899$8,919,120$355,149$228,762,230
95$320,813,949$9,155,414$166,302$251,832,403
96$353,329,905$9,396,962$0$277,250,603
97$389,155,965$9,643,823$0$305,264,172
98$428,629,556$9,896,053$0$336,169,366
99$472,122,513$10,153,702$0$370,219,820
100$520,044,593$10,416,817$0$407,736,138