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%19.3%
1 years$154,423$153,047$151,705$150,395$149,116$143,540
2 years$76,447$75,023$73,643$72,306$71,008$65,454
3 years$50,458$49,028$47,652$46,327$45,050$39,693
4 years$37,467$36,041$34,679$33,376$32,130$27,011
5 years$29,674$28,257$26,912$25,636$24,425$19,556
6 years$24,480$23,074$21,749$20,501$19,327$14,712
7 years$20,772$19,377$18,073$16,855$15,718$11,357
8 years$17,992$16,610$15,328$14,139$13,039$8,927
9 years$15,831$14,462$13,202$12,044$10,981$7,112
10 years$14,103$12,747$11,510$10,382$9,356$5,724
11 years$12,690$11,348$10,133$9,035$8,047$4,643
12 years$11,514$10,186$8,993$7,925$6,973$3,789
13 years$10,519$9,205$8,034$6,997$6,081$3,107
14 years$9,667$8,367$7,219$6,211$5,330$2,558
15 years$8,930$7,643$6,518$5,539$4,693$2,113
16 years$8,285$7,013$5,909$4,960$4,148$1,749
17 years$7,716$6,458$5,377$4,456$3,678$1,452
18 years$7,212$5,968$4,909$4,016$3,270$1,206
19 years$6,761$5,531$4,494$3,629$2,915$1,004
20 years$6,356$5,140$4,124$3,286$2,604$837
21 years$5,989$4,787$3,793$2,983$2,330$698
22 years$5,657$4,469$3,496$2,712$2,088$583
23 years$5,354$4,180$3,228$2,470$1,875$487
24 years$5,076$3,916$2,985$2,253$1,685$407
25 years$4,821$3,675$2,765$2,057$1,516$340
26 years$4,586$3,454$2,564$1,881$1,366$285
27 years$4,369$3,251$2,381$1,722$1,231$238
28 years$4,168$3,063$2,214$1,577$1,111$199
29 years$3,981$2,890$2,060$1,447$1,003$167
30 years$3,807$2,729$1,919$1,328$907$140
31 years$3,644$2,580$1,789$1,219$820$117
32 years$3,492$2,441$1,669$1,121$741$98
33 years$3,349$2,312$1,558$1,030$671$82
34 years$3,215$2,191$1,456$948$607$69
35 years$3,089$2,078$1,361$873$550$58
36 years$2,970$1,972$1,274$804$499$48
37 years$2,858$1,873$1,192$741$452$41
38 years$2,752$1,780$1,116$683$410$34
39 years$2,652$1,693$1,046$629$371$28
40 years$2,557$1,611$980$581$337$24
41 years$2,466$1,533$919$536$306$20
42 years$2,381$1,460$862$494$277$17
43 years$2,299$1,391$809$456$252$14
44 years$2,222$1,326$759$421$228$12
45 years$2,148$1,265$713$389$207$10
46 years$2,078$1,206$670$359$188$8
47 years$2,010$1,151$629$332$171$7
48 years$1,946$1,099$591$307$155$6
49 years$1,885$1,049$556$284$141$5
50 years$1,826$1,002$523$262$128$4

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 $5,118 every year, while hoping to spend $31,226 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: 28/48/24 Blend
39$1,870,000$1,870,000$1,870,000$1,870,000
40$2,066,019$1,966,909$1,937,924$2,108,234
41$2,243,529$2,030,064$1,969,620$2,204,983
42$2,438,098$2,095,266$2,001,332$2,305,779
43$2,651,434$2,162,584$2,033,026$2,413,428
44$2,885,416$2,232,086$2,064,669$2,528,537
45$3,142,116$2,303,846$2,096,223$2,651,772
46$3,423,815$2,377,937$2,127,649$2,783,866
47$3,733,025$2,454,437$2,158,906$2,925,621
48$4,072,513$2,533,424$2,189,949$3,077,921
49$4,445,329$2,614,982$2,220,732$3,241,737
50$4,854,831$2,699,194$2,251,205$3,418,135
51$5,304,719$2,786,150$2,281,315$3,608,287
52$5,799,068$2,875,939$2,311,007$3,813,485
53$6,342,369$2,968,656$2,340,222$4,035,145
54$6,939,567$3,064,397$2,368,896$4,274,828
55$7,596,114$3,163,263$2,396,965$4,534,250
56$8,318,013$3,265,359$2,424,359$4,815,298
57$9,111,880$3,370,790$2,451,004$5,120,050
58$9,985,001$3,479,669$2,476,823$5,450,790
59$10,945,408$3,592,110$2,501,733$5,810,035
60$12,001,948$3,708,231$2,525,649$6,200,552
61$13,164,368$3,828,155$2,548,479$6,625,389
62$14,443,408$3,952,010$2,570,129$7,087,900
63$15,850,904$4,079,926$2,590,496$7,591,778
64$17,399,893$4,212,040$2,609,475$8,141,088
65$19,104,744$4,348,491$2,626,954$8,740,306
66$20,981,286$4,489,426$2,642,815$9,394,362
67$23,046,963$4,634,994$2,656,935$10,108,683
68$25,320,995$4,785,350$2,669,184$10,889,245
69$27,824,561$4,940,657$2,679,426$11,742,631
70$30,580,996$5,101,079$2,687,517$12,676,089
71$33,616,015$5,266,789$2,693,306$13,697,604
72$36,957,952$5,437,965$2,696,636$14,815,968
73$40,638,030$5,614,792$2,697,340$16,040,868
74$44,690,652$5,797,460$2,695,243$17,382,971
75$49,153,729$5,986,166$2,690,165$18,854,031
76$54,069,036$6,181,115$2,681,912$20,466,992
77$59,482,606$6,382,517$2,670,284$22,236,116
78$65,445,163$6,590,592$2,655,070$24,177,111
79$72,012,604$6,805,566$2,636,049$26,307,284
80$79,246,523$7,027,672$2,612,990$28,645,702
81$87,214,794$7,257,153$2,585,650$31,213,369
82$95,992,209$7,494,260$2,553,776$34,033,429
83$105,661,189$7,739,253$2,517,102$37,131,376
84$116,312,554$7,992,401$2,475,349$40,535,301
85$128,046,388$8,253,981$2,428,226$44,276,154
86$140,972,976$8,524,283$2,375,428$48,388,034
87$155,213,850$8,803,603$2,316,636$52,908,513
88$170,902,935$9,092,252$2,251,515$57,878,987
89$188,187,810$9,390,549$2,179,717$63,345,068
90$207,231,106$9,698,824$2,100,876$69,357,013
91$228,212,033$10,017,422$2,014,611$75,970,199
92$251,328,082$10,346,696$1,920,521$83,245,641
93$276,796,877$10,687,015$1,818,189$91,250,574
94$304,858,239$11,038,760$1,707,180$100,059,079
95$335,776,445$11,402,324$1,587,036$109,752,788
96$369,842,722$11,778,118$1,457,281$120,421,649
97$407,377,997$12,166,563$1,317,417$132,164,778
98$448,735,927$12,568,098$1,166,924$145,091,391
99$494,306,234$12,983,178$1,005,260$159,321,836
100$544,518,389$13,412,273$831,855$174,988,725