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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.5%
1 years$154,423$153,047$151,705$150,395$149,116$144,575
2 years$76,447$75,023$73,643$72,306$71,008$66,471
3 years$50,458$49,028$47,652$46,327$45,050$40,661
4 years$37,467$36,041$34,679$33,376$32,130$27,922
5 years$29,674$28,257$26,912$25,636$24,425$20,409
6 years$24,480$23,074$21,749$20,501$19,327$15,506
7 years$20,772$19,377$18,073$16,855$15,718$12,093
8 years$17,992$16,610$15,328$14,139$13,039$9,608
9 years$15,831$14,462$13,202$12,044$10,981$7,739
10 years$14,103$12,747$11,510$10,382$9,356$6,300
11 years$12,690$11,348$10,133$9,035$8,047$5,170
12 years$11,514$10,186$8,993$7,925$6,973$4,270
13 years$10,519$9,205$8,034$6,997$6,081$3,545
14 years$9,667$8,367$7,219$6,211$5,330$2,955
15 years$8,930$7,643$6,518$5,539$4,693$2,472
16 years$8,285$7,013$5,909$4,960$4,148$2,074
17 years$7,716$6,458$5,377$4,456$3,678$1,744
18 years$7,212$5,968$4,909$4,016$3,270$1,469
19 years$6,761$5,531$4,494$3,629$2,915$1,239
20 years$6,356$5,140$4,124$3,286$2,604$1,047
21 years$5,989$4,787$3,793$2,983$2,330$886
22 years$5,657$4,469$3,496$2,712$2,088$750
23 years$5,354$4,180$3,228$2,470$1,875$635
24 years$5,076$3,916$2,985$2,253$1,685$539
25 years$4,821$3,675$2,765$2,057$1,516$457
26 years$4,586$3,454$2,564$1,881$1,366$388
27 years$4,369$3,251$2,381$1,722$1,231$329
28 years$4,168$3,063$2,214$1,577$1,111$280
29 years$3,981$2,890$2,060$1,447$1,003$238
30 years$3,807$2,729$1,919$1,328$907$202
31 years$3,644$2,580$1,789$1,219$820$172
32 years$3,492$2,441$1,669$1,121$741$146
33 years$3,349$2,312$1,558$1,030$671$124
34 years$3,215$2,191$1,456$948$607$106
35 years$3,089$2,078$1,361$873$550$90
36 years$2,970$1,972$1,274$804$499$76
37 years$2,858$1,873$1,192$741$452$65
38 years$2,752$1,780$1,116$683$410$55
39 years$2,652$1,693$1,046$629$371$47
40 years$2,557$1,611$980$581$337$40
41 years$2,466$1,533$919$536$306$34
42 years$2,381$1,460$862$494$277$29
43 years$2,299$1,391$809$456$252$25
44 years$2,222$1,326$759$421$228$21
45 years$2,148$1,265$713$389$207$18
46 years$2,078$1,206$670$359$188$15
47 years$2,010$1,151$629$332$171$13
48 years$1,946$1,099$591$307$155$11
49 years$1,885$1,049$556$284$141$9
50 years$1,826$1,002$523$262$128$8

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 $4,824 every year, while hoping to spend $22,154 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: 75/14/11 Blend
39$1,870,000$1,870,000$1,870,000$1,870,000
40$2,065,716$1,966,606$1,937,621$2,215,975
41$2,252,847$2,039,398$1,978,960$2,388,514
42$2,458,324$2,115,014$2,020,941$2,574,282
43$2,683,992$2,193,570$2,063,562$2,777,247
44$2,931,890$2,275,185$2,106,821$2,999,106
45$3,204,257$2,359,984$2,150,715$3,241,733
46$3,503,566$2,448,097$2,195,238$3,507,186
47$3,832,537$2,539,661$2,240,386$3,797,736
48$4,194,169$2,634,818$2,286,152$4,115,880
49$4,591,764$2,733,714$2,332,528$4,464,370
50$5,028,963$2,836,505$2,379,507$4,846,234
51$5,509,775$2,943,351$2,427,077$5,264,809
52$6,038,616$3,054,420$2,475,229$5,723,771
53$6,620,356$3,169,887$2,523,950$6,227,166
54$7,260,355$3,289,935$2,573,225$6,779,451
55$7,964,523$3,414,753$2,623,040$7,385,537
56$8,739,370$3,544,542$2,673,378$8,050,831
57$9,592,069$3,679,508$2,724,219$8,781,291
58$10,530,524$3,819,867$2,775,544$9,583,478
59$11,563,443$3,965,847$2,827,331$10,464,621
60$12,700,422$4,117,681$2,879,554$11,432,683
61$13,952,035$4,275,617$2,932,189$12,496,435
62$15,329,932$4,439,911$2,985,206$13,665,543
63$16,846,950$4,610,832$3,038,576$14,950,650
64$18,517,234$4,788,658$3,092,264$16,363,488
65$20,356,373$4,973,683$3,146,235$17,916,976
66$22,381,540$5,166,211$3,200,451$19,625,351
67$24,611,663$5,366,561$3,254,872$21,504,298
68$27,067,594$5,575,064$3,309,452$23,571,096
69$29,772,316$5,792,069$3,364,146$25,844,785
70$32,751,149$6,017,938$3,418,902$28,346,341
71$36,031,999$6,253,049$3,473,667$31,098,876
72$39,645,612$6,497,798$3,528,385$34,127,856
73$43,625,872$6,752,598$3,582,993$37,461,338
74$48,010,115$7,017,879$3,637,428$41,130,237
75$52,839,485$7,294,093$3,691,619$45,168,616
76$58,159,319$7,581,711$3,745,495$49,614,009
77$64,019,578$7,881,223$3,798,978$54,507,771
78$70,475,315$8,193,143$3,851,984$59,895,470
79$77,587,199$8,518,008$3,904,427$65,827,317
80$85,422,081$8,856,379$3,956,213$72,358,638
81$94,053,633$9,208,841$4,007,246$79,550,396
82$103,563,036$9,576,007$4,057,421$87,469,767
83$114,039,750$9,958,516$4,106,629$96,190,771
84$125,582,357$10,357,035$4,154,754$105,794,972
85$138,299,493$10,772,265$4,201,673$116,372,244
86$152,310,870$11,204,935$4,247,258$128,021,624
87$167,748,409$11,655,807$4,291,371$140,852,242
88$184,757,485$12,125,680$4,333,871$154,984,350
89$203,498,298$12,615,388$4,374,604$170,550,458
90$224,147,382$13,125,800$4,413,412$187,696,584
91$246,899,280$13,657,829$4,450,126$206,583,630
92$271,968,371$14,212,426$4,484,569$227,388,902
93$299,590,897$14,790,588$4,516,555$250,307,780
94$330,027,197$15,393,355$4,545,888$275,555,563
95$363,564,157$16,021,815$4,572,361$303,369,500
96$400,517,924$16,677,107$4,595,758$334,011,029
97$441,236,887$17,360,420$4,615,850$367,768,243
98$486,104,967$18,072,999$4,632,399$404,958,610
99$535,545,242$18,816,144$4,645,153$445,931,964
100$590,023,939$19,591,217$4,653,848$491,073,813