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%11.7%
1 years$154,423$153,047$151,705$150,395$149,116$148,053
2 years$76,447$75,023$73,643$72,306$71,008$69,935
3 years$50,458$49,028$47,652$46,327$45,050$44,002
4 years$37,467$36,041$34,679$33,376$32,130$31,114
5 years$29,674$28,257$26,912$25,636$24,425$23,444
6 years$24,480$23,074$21,749$20,501$19,327$18,383
7 years$20,772$19,377$18,073$16,855$15,718$14,811
8 years$17,992$16,610$15,328$14,139$13,039$12,170
9 years$15,831$14,462$13,202$12,044$10,981$10,148
10 years$14,103$12,747$11,510$10,382$9,356$8,560
11 years$12,690$11,348$10,133$9,035$8,047$7,286
12 years$11,514$10,186$8,993$7,925$6,973$6,248
13 years$10,519$9,205$8,034$6,997$6,081$5,390
14 years$9,667$8,367$7,219$6,211$5,330$4,673
15 years$8,930$7,643$6,518$5,539$4,693$4,068
16 years$8,285$7,013$5,909$4,960$4,148$3,555
17 years$7,716$6,458$5,377$4,456$3,678$3,115
18 years$7,212$5,968$4,909$4,016$3,270$2,738
19 years$6,761$5,531$4,494$3,629$2,915$2,411
20 years$6,356$5,140$4,124$3,286$2,604$2,127
21 years$5,989$4,787$3,793$2,983$2,330$1,880
22 years$5,657$4,469$3,496$2,712$2,088$1,664
23 years$5,354$4,180$3,228$2,470$1,875$1,475
24 years$5,076$3,916$2,985$2,253$1,685$1,309
25 years$4,821$3,675$2,765$2,057$1,516$1,163
26 years$4,586$3,454$2,564$1,881$1,366$1,034
27 years$4,369$3,251$2,381$1,722$1,231$920
28 years$4,168$3,063$2,214$1,577$1,111$819
29 years$3,981$2,890$2,060$1,447$1,003$729
30 years$3,807$2,729$1,919$1,328$907$650
31 years$3,644$2,580$1,789$1,219$820$580
32 years$3,492$2,441$1,669$1,121$741$517
33 years$3,349$2,312$1,558$1,030$671$462
34 years$3,215$2,191$1,456$948$607$412
35 years$3,089$2,078$1,361$873$550$368
36 years$2,970$1,972$1,274$804$499$329
37 years$2,858$1,873$1,192$741$452$294
38 years$2,752$1,780$1,116$683$410$262
39 years$2,652$1,693$1,046$629$371$235
40 years$2,557$1,611$980$581$337$210
41 years$2,466$1,533$919$536$306$188
42 years$2,381$1,460$862$494$277$168
43 years$2,299$1,391$809$456$252$150
44 years$2,222$1,326$759$421$228$134
45 years$2,148$1,265$713$389$207$120
46 years$2,078$1,206$670$359$188$107
47 years$2,010$1,151$629$332$171$96
48 years$1,946$1,099$591$307$155$86
49 years$1,885$1,049$556$284$141$77
50 years$1,826$1,002$523$262$128$69

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 $2,496 every year, while hoping to spend $41,071 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: 74/7/19 Blend
39$1,870,000$1,870,000$1,870,000$1,870,000
40$2,063,315$1,964,205$1,935,220$2,206,613
41$2,230,073$2,016,751$1,956,350$2,354,556
42$2,412,465$2,070,496$1,976,812$2,511,374
43$2,612,041$2,125,455$1,996,540$2,682,155
44$2,830,509$2,181,642$2,015,464$2,868,278
45$3,069,750$2,239,072$2,033,511$3,071,264
46$3,331,835$2,297,757$2,050,604$3,292,788
47$3,619,045$2,357,710$2,066,662$3,534,695
48$3,933,893$2,418,943$2,081,601$3,799,018
49$4,279,145$2,481,466$2,095,329$4,087,997
50$4,657,849$2,545,289$2,107,754$4,404,098
51$5,073,360$2,610,419$2,118,774$4,750,042
52$5,529,377$2,676,864$2,128,287$5,128,821
53$6,029,971$2,744,628$2,136,183$5,543,737
54$6,579,629$2,813,715$2,142,345$5,998,426
55$7,183,292$2,884,128$2,146,654$6,496,893
56$7,846,403$2,955,865$2,148,983$7,043,553
57$8,574,960$3,028,926$2,149,197$7,643,270
58$9,375,568$3,103,306$2,147,158$8,301,405
59$10,255,507$3,178,999$2,142,719$9,023,862
60$11,222,794$3,255,995$2,135,725$9,817,150
61$12,286,262$3,334,282$2,126,015$10,688,441
62$13,455,644$3,413,846$2,113,420$11,645,637
63$14,741,664$3,494,668$2,097,763$12,697,445
64$16,156,134$3,576,727$2,078,859$13,853,463
65$17,712,071$3,659,997$2,056,512$15,124,264
66$19,423,815$3,744,451$2,030,518$16,521,502
67$21,307,169$3,830,053$2,000,665$18,058,018
68$23,379,542$3,916,768$1,966,729$19,747,963
69$25,660,116$4,004,550$1,928,476$21,606,931
70$28,170,029$4,093,354$1,885,660$23,652,108
71$30,932,569$4,183,126$1,838,027$25,902,431
72$33,973,398$4,273,806$1,785,308$28,378,771
73$37,320,792$4,365,329$1,727,223$31,104,125
74$41,005,905$4,457,623$1,663,478$34,103,838
75$45,063,070$4,550,609$1,593,766$37,405,840
76$49,530,114$4,644,200$1,517,769$41,040,912
77$54,448,721$4,738,302$1,435,149$45,042,971
78$59,864,822$4,832,810$1,345,558$49,449,399
79$65,829,029$4,927,612$1,248,629$54,301,388
80$72,397,111$5,022,586$1,143,980$59,644,333
81$79,630,524$5,117,601$1,031,210$65,528,263
82$87,596,986$5,212,511$909,904$72,008,308
83$96,371,117$5,307,163$779,625$79,145,223
84$106,035,145$5,401,389$639,917$87,005,962
85$116,679,682$5,495,008$490,305$95,664,310
86$128,404,572$5,587,826$330,294$105,201,578
87$141,319,844$5,679,635$159,364$115,707,375
88$155,546,741$5,770,210$0$127,280,450
89$171,218,867$5,859,310$0$140,034,300
90$188,483,451$5,946,675$0$154,118,960
91$207,502,731$6,032,030$0$169,634,371
92$228,455,487$6,115,077$0$186,726,302
93$251,538,730$6,195,499$0$205,555,387
94$276,969,559$6,272,956$0$226,298,639
95$304,987,209$6,347,086$0$249,151,124
96$335,855,312$6,417,501$0$274,327,799
97$369,864,383$6,483,788$0$302,065,542
98$407,334,562$6,545,505$0$332,625,387
99$448,618,635$6,602,183$0$366,294,989
100$494,105,366$6,653,321$0$403,391,340