Can I retire at age 40 with 1,870,000?

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$154,423$153,047$151,705$150,395$149,116$146,405
2 years$76,447$75,023$73,643$72,306$71,008$68,286
3 years$50,458$49,028$47,652$46,327$45,050$42,403
4 years$37,467$36,041$34,679$33,376$32,130$29,577
5 years$29,674$28,257$26,912$25,636$24,425$21,974
6 years$24,480$23,074$21,749$20,501$19,327$16,980
7 years$20,772$19,377$18,073$16,855$15,718$13,477
8 years$17,992$16,610$15,328$14,139$13,039$10,903
9 years$15,831$14,462$13,202$12,044$10,981$8,948
10 years$14,103$12,747$11,510$10,382$9,356$7,425
11 years$12,690$11,348$10,133$9,035$8,047$6,215
12 years$11,514$10,186$8,993$7,925$6,973$5,238
13 years$10,519$9,205$8,034$6,997$6,081$4,440
14 years$9,667$8,367$7,219$6,211$5,330$3,781
15 years$8,930$7,643$6,518$5,539$4,693$3,232
16 years$8,285$7,013$5,909$4,960$4,148$2,772
17 years$7,716$6,458$5,377$4,456$3,678$2,383
18 years$7,212$5,968$4,909$4,016$3,270$2,054
19 years$6,761$5,531$4,494$3,629$2,915$1,774
20 years$6,356$5,140$4,124$3,286$2,604$1,534
21 years$5,989$4,787$3,793$2,983$2,330$1,329
22 years$5,657$4,469$3,496$2,712$2,088$1,153
23 years$5,354$4,180$3,228$2,470$1,875$1,001
24 years$5,076$3,916$2,985$2,253$1,685$869
25 years$4,821$3,675$2,765$2,057$1,516$756
26 years$4,586$3,454$2,564$1,881$1,366$658
27 years$4,369$3,251$2,381$1,722$1,231$573
28 years$4,168$3,063$2,214$1,577$1,111$499
29 years$3,981$2,890$2,060$1,447$1,003$435
30 years$3,807$2,729$1,919$1,328$907$379
31 years$3,644$2,580$1,789$1,219$820$331
32 years$3,492$2,441$1,669$1,121$741$289
33 years$3,349$2,312$1,558$1,030$671$252
34 years$3,215$2,191$1,456$948$607$220
35 years$3,089$2,078$1,361$873$550$192
36 years$2,970$1,972$1,274$804$499$168
37 years$2,858$1,873$1,192$741$452$146
38 years$2,752$1,780$1,116$683$410$128
39 years$2,652$1,693$1,046$629$371$112
40 years$2,557$1,611$980$581$337$97
41 years$2,466$1,533$919$536$306$85
42 years$2,381$1,460$862$494$277$74
43 years$2,299$1,391$809$456$252$65
44 years$2,222$1,326$759$421$228$57
45 years$2,148$1,265$713$389$207$50
46 years$2,078$1,206$670$359$188$43
47 years$2,010$1,151$629$332$171$38
48 years$1,946$1,099$591$307$155$33
49 years$1,885$1,049$556$284$141$29
50 years$1,826$1,002$523$262$128$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,870,000, adding $3,743 every year, while hoping to spend $23,557 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: 32/43/25 Blend
39$1,870,000$1,870,000$1,870,000$1,870,000
40$2,064,601$1,965,491$1,936,506$2,114,740
41$2,250,126$2,036,735$1,976,314$2,224,381
42$2,453,785$2,110,682$2,016,667$2,340,029
43$2,677,402$2,187,437$2,057,557$2,464,123
44$2,922,989$2,267,112$2,098,977$2,597,420
45$3,192,759$2,349,826$2,140,917$2,740,752
46$3,489,151$2,435,699$2,183,369$2,895,030
47$3,814,854$2,524,857$2,226,321$3,061,258
48$4,172,827$2,617,433$2,269,761$3,240,535
49$4,566,333$2,713,565$2,313,676$3,434,070
50$4,998,964$2,813,395$2,358,049$3,643,191
51$5,474,680$2,917,073$2,402,866$3,869,358
52$5,997,843$3,024,755$2,448,107$4,114,174
53$6,573,257$3,136,602$2,493,753$4,379,402
54$7,206,219$3,252,785$2,539,782$4,666,980
55$7,902,560$3,373,479$2,586,173$4,979,038
56$8,668,710$3,498,868$2,632,898$5,317,921
57$9,511,750$3,629,144$2,679,931$5,686,205
58$10,439,483$3,764,506$2,727,244$6,086,723
59$11,460,507$3,905,164$2,774,803$6,522,595
60$12,584,296$4,051,334$2,822,576$6,997,250
61$13,821,288$4,203,243$2,870,527$7,514,462
62$15,182,985$4,361,128$2,918,615$8,078,384
63$16,682,061$4,525,235$2,966,800$8,693,585
64$18,332,481$4,695,821$3,015,037$9,365,096
65$20,149,632$4,873,154$3,063,279$10,098,450
66$22,150,470$5,057,515$3,111,475$10,899,741
67$24,353,680$5,249,195$3,159,571$11,775,676
68$26,779,849$5,448,499$3,207,510$12,733,636
69$29,451,663$5,655,745$3,255,231$13,781,750
70$32,394,121$5,871,264$3,302,669$14,928,966
71$35,634,768$6,095,403$3,349,756$16,185,137
72$39,203,959$6,328,523$3,396,418$17,561,111
73$43,135,143$6,571,001$3,442,578$19,068,833
74$47,465,178$6,823,230$3,488,155$20,721,457
75$52,234,680$7,085,621$3,533,061$22,533,470
76$57,488,404$7,358,603$3,577,205$24,520,824
77$63,275,670$7,642,624$3,620,491$26,701,088
78$69,650,826$7,938,150$3,662,815$29,093,611
79$76,673,760$8,245,670$3,704,069$31,719,705
80$84,410,469$8,565,692$3,744,140$34,602,843
81$92,933,674$8,898,750$3,782,907$37,768,879
82$102,323,518$9,245,397$3,820,243$41,246,291
83$112,668,309$9,606,214$3,856,014$45,066,449
84$124,065,364$9,981,806$3,890,078$49,263,907
85$136,621,924$10,372,806$3,922,288$53,876,729
86$150,456,161$10,779,875$3,952,486$58,946,846
87$165,698,304$11,203,703$3,980,508$64,520,449
88$182,491,856$11,645,010$4,006,181$70,648,425
89$200,994,959$12,104,550$4,029,321$77,386,833
90$221,381,880$12,583,108$4,049,739$84,797,433
91$243,844,659$13,081,507$4,067,232$92,948,263
92$268,594,918$13,600,605$4,081,588$101,914,285
93$295,865,864$14,141,298$4,092,586$111,778,082
94$325,914,486$14,704,526$4,099,991$122,630,642
95$359,023,982$15,291,266$4,103,559$134,572,211
96$395,506,432$15,902,542$4,103,032$147,713,236
97$435,705,745$16,539,424$4,098,141$162,175,406
98$480,000,904$17,203,029$4,088,602$178,092,797
99$528,809,545$17,894,526$4,074,119$195,613,135
100$582,591,896$18,615,135$4,054,379$214,899,185