Can I retire at age 40 with 1,900,000?

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$156,900$155,503$154,139$152,808$151,509$150,617
2 years$77,673$76,227$74,825$73,465$72,147$71,247
3 years$51,268$49,815$48,417$47,070$45,773$44,893
4 years$38,068$36,619$35,235$33,911$32,646$31,793
5 years$30,150$28,710$27,344$26,047$24,817$23,993
6 years$24,873$23,444$22,098$20,830$19,637$18,843
7 years$21,105$19,688$18,363$17,126$15,970$15,207
8 years$18,280$16,876$15,574$14,366$13,249$12,516
9 years$16,085$14,694$13,414$12,237$11,157$10,456
10 years$14,329$12,952$11,694$10,548$9,506$8,835
11 years$12,894$11,530$10,295$9,180$8,176$7,534
12 years$11,698$10,349$9,137$8,052$7,085$6,473
13 years$10,688$9,353$8,163$7,109$6,178$5,594
14 years$9,822$8,501$7,335$6,310$5,416$4,860
15 years$9,073$7,766$6,622$5,628$4,769$4,240
16 years$8,418$7,125$6,004$5,039$4,214$3,712
17 years$7,840$6,562$5,463$4,528$3,737$3,260
18 years$7,328$6,064$4,987$4,080$3,323$2,871
19 years$6,869$5,620$4,566$3,687$2,962$2,534
20 years$6,457$5,222$4,190$3,339$2,645$2,240
21 years$6,085$4,864$3,854$3,031$2,367$1,985
22 years$5,747$4,540$3,552$2,755$2,122$1,761
23 years$5,439$4,247$3,280$2,509$1,905$1,564
24 years$5,157$3,979$3,033$2,289$1,712$1,391
25 years$4,898$3,734$2,809$2,090$1,541$1,239
26 years$4,660$3,509$2,606$1,911$1,388$1,104
27 years$4,439$3,303$2,420$1,749$1,251$984
28 years$4,235$3,112$2,249$1,603$1,129$878
29 years$4,045$2,936$2,093$1,470$1,019$784
30 years$3,868$2,773$1,950$1,349$921$701
31 years$3,702$2,621$1,818$1,239$833$626
32 years$3,548$2,480$1,696$1,139$753$560
33 years$3,403$2,349$1,583$1,047$682$501
34 years$3,266$2,226$1,479$963$617$449
35 years$3,138$2,111$1,383$887$559$402
36 years$3,018$2,004$1,294$817$507$360
37 years$2,904$1,903$1,211$752$459$322
38 years$2,796$1,809$1,134$694$416$289
39 years$2,694$1,720$1,063$640$377$259
40 years$2,598$1,636$996$590$342$232
41 years$2,506$1,558$934$544$311$208
42 years$2,419$1,484$876$502$282$186
43 years$2,336$1,414$822$464$256$167
44 years$2,257$1,347$772$428$232$150
45 years$2,182$1,285$725$395$211$134
46 years$2,111$1,226$681$365$191$121
47 years$2,043$1,170$639$337$174$108
48 years$1,977$1,117$601$312$158$97
49 years$1,915$1,066$565$288$143$87
50 years$1,855$1,019$531$266$130$78

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,900,000, adding $4,811 every year, while hoping to spend $57,979 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: 57/37/6 Blend
39$1,900,000$1,900,000$1,900,000$1,900,000
40$2,098,763$1,998,063$1,968,613$2,215,510
41$2,251,147$2,034,278$1,972,872$2,330,767
42$2,417,132$2,070,326$1,975,331$2,449,324
43$2,598,042$2,106,135$1,975,867$2,577,050
44$2,795,338$2,141,631$1,974,355$2,714,825
45$3,010,626$2,176,734$1,970,658$2,863,617
46$3,245,672$2,211,357$1,964,638$3,024,497
47$3,502,425$2,245,407$1,956,148$3,198,640
48$3,783,026$2,278,785$1,945,032$3,387,346
49$4,089,833$2,311,385$1,931,129$3,592,044
50$4,425,444$2,343,091$1,914,271$3,814,310
51$4,792,719$2,373,782$1,894,278$4,055,884
52$5,194,806$2,403,327$1,870,966$4,318,680
53$5,635,173$2,431,587$1,844,140$4,604,811
54$6,117,638$2,458,412$1,813,596$4,916,605
55$6,646,406$2,483,643$1,779,120$5,256,628
56$7,226,109$2,507,110$1,740,490$5,627,710
57$7,861,847$2,528,634$1,697,472$6,032,971
58$8,559,238$2,548,020$1,649,820$6,475,850
59$9,324,472$2,565,064$1,597,280$6,960,138
60$10,164,363$2,579,547$1,539,584$7,490,017
61$11,086,420$2,591,237$1,476,452$8,070,094
62$12,098,913$2,599,886$1,407,592$8,705,452
63$13,210,954$2,605,232$1,332,697$9,401,692
64$14,432,578$2,606,995$1,251,450$10,164,990
65$15,774,842$2,604,879$1,163,515$11,002,156
66$17,249,927$2,598,569$1,068,543$11,920,698
67$18,871,251$2,587,731$966,171$12,928,892
68$20,653,598$2,572,009$856,017$14,035,863
69$22,613,255$2,551,027$737,683$15,251,671
70$24,768,165$2,524,386$610,754$16,587,409
71$27,138,100$2,491,663$474,797$18,055,302
72$29,744,842$2,452,410$329,358$19,668,832
73$32,612,388$2,406,150$173,964$21,442,860
74$35,767,182$2,352,382$8,122$23,393,770
75$39,238,357$2,290,571$0$25,539,623
76$43,058,014$2,220,154$0$27,911,141
77$47,261,523$2,140,533$0$30,520,723
78$51,887,854$2,051,075$0$33,392,083
79$56,979,950$1,951,112$0$36,551,932
80$62,585,124$1,839,936$0$40,029,719
81$68,755,513$1,716,799$0$43,857,900
82$75,548,563$1,580,909$0$48,072,252
83$83,027,573$1,431,431$0$52,712,213
84$91,262,294$1,267,479$0$57,821,253
85$100,329,582$1,088,120$0$63,447,284
86$110,314,128$892,366$0$69,643,123
87$121,309,251$679,174$0$76,466,981
88$133,417,784$447,443$0$83,983,025
89$146,753,040$196,010$0$92,261,979
90$161,439,881$0$0$101,381,799
91$177,615,898$0$0$111,459,494
92$195,432,706$0$0$122,647,537
93$215,057,379$0$0$134,971,065
94$236,674,020$0$0$148,545,717
95$260,485,503$0$0$163,498,923
96$286,715,386$0$0$179,971,105
97$315,610,019$0$0$198,117,001
98$347,440,868$0$0$218,107,127
99$382,507,080$0$0$240,129,384
100$421,138,304$0$0$264,390,835