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%13.3%
1 years$154,423$153,047$151,705$150,395$149,116$147,070
2 years$76,447$75,023$73,643$72,306$71,008$68,950
3 years$50,458$49,028$47,652$46,327$45,050$43,045
4 years$37,467$36,041$34,679$33,376$32,130$30,192
5 years$29,674$28,257$26,912$25,636$24,425$22,560
6 years$24,480$23,074$21,749$20,501$19,327$17,538
7 years$20,772$19,377$18,073$16,855$15,718$14,005
8 years$17,992$16,610$15,328$14,139$13,039$11,403
9 years$15,831$14,462$13,202$12,044$10,981$9,419
10 years$14,103$12,747$11,510$10,382$9,356$7,869
11 years$12,690$11,348$10,133$9,035$8,047$6,632
12 years$11,514$10,186$8,993$7,925$6,973$5,629
13 years$10,519$9,205$8,034$6,997$6,081$4,806
14 years$9,667$8,367$7,219$6,211$5,330$4,123
15 years$8,930$7,643$6,518$5,539$4,693$3,551
16 years$8,285$7,013$5,909$4,960$4,148$3,069
17 years$7,716$6,458$5,377$4,456$3,678$2,660
18 years$7,212$5,968$4,909$4,016$3,270$2,311
19 years$6,761$5,531$4,494$3,629$2,915$2,011
20 years$6,356$5,140$4,124$3,286$2,604$1,754
21 years$5,989$4,787$3,793$2,983$2,330$1,532
22 years$5,657$4,469$3,496$2,712$2,088$1,340
23 years$5,354$4,180$3,228$2,470$1,875$1,173
24 years$5,076$3,916$2,985$2,253$1,685$1,028
25 years$4,821$3,675$2,765$2,057$1,516$902
26 years$4,586$3,454$2,564$1,881$1,366$792
27 years$4,369$3,251$2,381$1,722$1,231$696
28 years$4,168$3,063$2,214$1,577$1,111$611
29 years$3,981$2,890$2,060$1,447$1,003$538
30 years$3,807$2,729$1,919$1,328$907$473
31 years$3,644$2,580$1,789$1,219$820$416
32 years$3,492$2,441$1,669$1,121$741$367
33 years$3,349$2,312$1,558$1,030$671$323
34 years$3,215$2,191$1,456$948$607$284
35 years$3,089$2,078$1,361$873$550$251
36 years$2,970$1,972$1,274$804$499$221
37 years$2,858$1,873$1,192$741$452$195
38 years$2,752$1,780$1,116$683$410$172
39 years$2,652$1,693$1,046$629$371$151
40 years$2,557$1,611$980$581$337$133
41 years$2,466$1,533$919$536$306$118
42 years$2,381$1,460$862$494$277$104
43 years$2,299$1,391$809$456$252$92
44 years$2,222$1,326$759$421$228$81
45 years$2,148$1,265$713$389$207$71
46 years$2,078$1,206$670$359$188$63
47 years$2,010$1,151$629$332$171$55
48 years$1,946$1,099$591$307$155$49
49 years$1,885$1,049$556$284$141$43
50 years$1,826$1,002$523$262$128$38

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 $4,637 every year, while hoping to spend $58,198 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: 53/31/16 Blend
39$1,870,000$1,870,000$1,870,000$1,870,000
40$2,065,523$1,966,413$1,937,428$2,165,864
41$2,214,284$2,000,845$1,940,410$2,269,416
42$2,376,268$2,035,014$1,941,541$2,375,468
43$2,552,763$2,068,845$1,940,697$2,489,564
44$2,745,185$2,102,258$1,937,751$2,612,483
45$2,955,093$2,135,168$1,932,564$2,745,086
46$3,184,203$2,167,482$1,924,996$2,888,321
47$3,434,405$2,199,102$1,914,897$3,043,237
48$3,707,778$2,229,921$1,902,110$3,210,986
49$4,006,612$2,259,828$1,886,471$3,392,843
50$4,333,426$2,288,700$1,867,808$3,590,212
51$4,690,998$2,316,408$1,845,941$3,804,642
52$5,082,382$2,342,814$1,820,682$4,037,842
53$5,510,943$2,367,770$1,791,834$4,291,697
54$5,980,387$2,391,119$1,759,188$4,568,287
55$6,494,796$2,412,693$1,722,530$4,869,904
56$7,058,664$2,432,313$1,681,633$5,199,079
57$7,676,940$2,449,789$1,636,260$5,558,601
58$8,355,076$2,464,917$1,586,163$5,951,547
59$9,099,077$2,477,482$1,531,084$6,381,313
60$9,915,558$2,487,253$1,470,750$6,851,642
61$10,811,804$2,493,987$1,404,879$7,366,663
62$11,795,839$2,497,424$1,333,174$7,930,930
63$12,876,505$2,497,289$1,255,326$8,549,466
64$14,063,541$2,493,287$1,171,010$9,227,810
65$15,367,673$2,485,109$1,079,890$9,972,072
66$16,800,720$2,472,425$981,611$10,788,987
67$18,375,703$2,454,883$875,805$11,685,987
68$20,106,965$2,432,113$762,085$12,671,265
69$22,010,310$2,403,721$640,050$13,753,856
70$24,103,148$2,369,289$509,277$14,943,725
71$26,404,661$2,328,376$369,329$16,251,857
72$28,935,982$2,280,512$219,748$17,690,370
73$31,720,396$2,225,201$60,053$19,272,622
74$34,783,558$2,161,918$0$21,013,344
75$38,153,735$2,090,106$0$22,947,621
76$41,862,070$2,009,176$0$25,086,686
77$45,942,881$1,918,505$0$27,440,115
78$50,433,977$1,817,433$0$30,029,776
79$55,377,020$1,705,265$0$32,879,776
80$60,817,914$1,581,261$0$36,016,685
81$66,807,242$1,444,643$0$39,469,792
82$73,400,737$1,294,587$0$43,271,380
83$80,659,812$1,130,222$0$47,457,034
84$88,652,137$950,627$0$52,065,977
85$97,452,277$754,830$0$57,141,444
86$107,142,396$541,804$0$62,731,088
87$117,813,033$310,464$0$68,887,436
88$129,563,951$59,665$0$75,668,383
89$142,505,083$0$0$83,137,742
90$156,757,567$0$0$91,438,099
91$172,454,889$0$0$100,602,569
92$189,744,141$0$0$110,696,704
93$208,787,411$0$0$121,815,171
94$229,763,310$0$0$134,062,285
95$252,868,658$0$0$147,552,996
96$278,320,339$0$0$162,413,974
97$306,357,353$0$0$178,784,806
98$337,243,066$0$0$196,819,308
99$371,267,694$0$0$216,686,980
100$408,751,049$0$0$238,574,606