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%19.7%
1 years$156,900$155,503$154,139$152,808$151,509$145,612
2 years$77,673$76,227$74,825$73,465$72,147$66,278
3 years$51,268$49,815$48,417$47,070$45,773$40,116
4 years$38,068$36,619$35,235$33,911$32,646$27,243
5 years$30,150$28,710$27,344$26,047$24,817$19,683
6 years$24,873$23,444$22,098$20,830$19,637$14,775
7 years$21,105$19,688$18,363$17,126$15,970$11,379
8 years$18,280$16,876$15,574$14,366$13,249$8,924
9 years$16,085$14,694$13,414$12,237$11,157$7,092
10 years$14,329$12,952$11,694$10,548$9,506$5,693
11 years$12,894$11,530$10,295$9,180$8,176$4,606
12 years$11,698$10,349$9,137$8,052$7,085$3,749
13 years$10,688$9,353$8,163$7,109$6,178$3,066
14 years$9,822$8,501$7,335$6,310$5,416$2,517
15 years$9,073$7,766$6,622$5,628$4,769$2,073
16 years$8,418$7,125$6,004$5,039$4,214$1,711
17 years$7,840$6,562$5,463$4,528$3,737$1,416
18 years$7,328$6,064$4,987$4,080$3,323$1,173
19 years$6,869$5,620$4,566$3,687$2,962$974
20 years$6,457$5,222$4,190$3,339$2,645$809
21 years$6,085$4,864$3,854$3,031$2,367$673
22 years$5,747$4,540$3,552$2,755$2,122$560
23 years$5,439$4,247$3,280$2,509$1,905$466
24 years$5,157$3,979$3,033$2,289$1,712$388
25 years$4,898$3,734$2,809$2,090$1,541$324
26 years$4,660$3,509$2,606$1,911$1,388$270
27 years$4,439$3,303$2,420$1,749$1,251$225
28 years$4,235$3,112$2,249$1,603$1,129$188
29 years$4,045$2,936$2,093$1,470$1,019$157
30 years$3,868$2,773$1,950$1,349$921$131
31 years$3,702$2,621$1,818$1,239$833$109
32 years$3,548$2,480$1,696$1,139$753$91
33 years$3,403$2,349$1,583$1,047$682$76
34 years$3,266$2,226$1,479$963$617$64
35 years$3,138$2,111$1,383$887$559$53
36 years$3,018$2,004$1,294$817$507$44
37 years$2,904$1,903$1,211$752$459$37
38 years$2,796$1,809$1,134$694$416$31
39 years$2,694$1,720$1,063$640$377$26
40 years$2,598$1,636$996$590$342$22
41 years$2,506$1,558$934$544$311$18
42 years$2,419$1,484$876$502$282$15
43 years$2,336$1,414$822$464$256$13
44 years$2,257$1,347$772$428$232$11
45 years$2,182$1,285$725$395$211$9
46 years$2,111$1,226$681$365$191$7
47 years$2,043$1,170$639$337$174$6
48 years$1,977$1,117$601$312$158$5
49 years$1,915$1,066$565$288$143$4
50 years$1,855$1,019$531$266$130$4

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 $5,314 every year, while hoping to spend $45,824 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: 52/40/8 Blend
39$1,900,000$1,900,000$1,900,000$1,900,000
40$2,099,281$1,998,581$1,969,131$2,203,972
41$2,264,652$2,047,755$1,986,341$2,324,877
42$2,445,354$2,097,803$2,002,591$2,450,886
43$2,642,904$2,148,719$2,017,802$2,586,831
44$2,858,969$2,200,496$2,031,887$2,733,659
45$3,095,388$2,253,124$2,044,759$2,892,410
46$3,354,183$2,306,592$2,056,324$3,064,232
47$3,637,581$2,360,887$2,066,483$3,250,388
48$3,948,036$2,415,993$2,075,132$3,452,268
49$4,288,250$2,471,890$2,082,162$3,671,403
50$4,661,197$2,528,558$2,087,460$3,909,481
51$5,070,154$2,585,972$2,090,905$4,168,358
52$5,518,730$2,644,105$2,092,371$4,450,082
53$6,010,901$2,702,927$2,091,726$4,756,907
54$6,551,045$2,762,403$2,088,831$5,091,315
55$7,143,985$2,822,494$2,083,540$5,456,044
56$7,795,035$2,883,159$2,075,702$5,854,107
57$8,510,045$2,944,351$2,065,155$6,288,825
58$9,295,465$3,006,019$2,051,732$6,763,858
59$10,158,394$3,068,106$2,035,258$7,283,237
60$11,106,659$3,130,552$2,015,547$7,851,405
61$12,148,878$3,193,289$1,992,408$8,473,258
62$13,294,548$3,256,244$1,965,638$9,154,191
63$14,554,130$3,319,339$1,935,025$9,900,147
64$15,939,151$3,382,486$1,900,348$10,717,678
65$17,462,310$3,445,593$1,861,376$11,614,002
66$19,137,599$3,508,560$1,817,864$12,597,076
67$20,980,432$3,571,277$1,769,561$13,675,667
68$23,007,794$3,633,628$1,716,199$14,859,436
69$25,238,398$3,695,485$1,657,501$16,159,031
70$27,692,864$3,756,714$1,593,177$17,586,187
71$30,393,911$3,817,167$1,522,923$19,153,837
72$33,366,570$3,876,689$1,446,421$20,876,233
73$36,638,424$3,935,110$1,363,339$22,769,082
74$40,239,863$3,992,250$1,273,331$24,849,697
75$44,204,375$4,047,916$1,176,034$27,137,156
76$48,568,858$4,101,901$1,071,068$29,652,486
77$53,373,972$4,153,985$958,039$32,418,859
78$58,664,516$4,203,929$836,533$35,461,817
79$64,489,858$4,251,483$706,118$38,809,506
80$70,904,394$4,296,375$566,343$42,492,948
81$77,968,064$4,338,320$416,737$46,546,331
82$85,746,918$4,377,009$256,810$51,007,337
83$94,313,738$4,412,117$86,047$55,917,493
84$103,748,724$4,443,295$0$61,322,566
85$114,140,250$4,470,173$0$67,281,209
86$125,585,700$4,492,356$0$73,849,174
87$138,192,386$4,509,426$0$81,080,425
88$152,078,556$4,520,935$0$89,042,539
89$167,374,519$4,526,411$0$97,809,986
90$184,223,864$4,525,349$0$107,464,839
91$202,784,823$4,517,216$0$118,097,547
92$223,231,758$4,501,442$0$129,807,787
93$245,756,811$4,477,427$0$142,705,411
94$270,571,715$4,444,531$0$156,911,484
95$297,909,793$4,402,075$0$172,559,423
96$328,028,157$4,349,342$0$189,796,263
97$361,210,138$4,285,569$0$208,784,044
98$397,767,959$4,209,949$0$229,701,344
99$438,045,681$4,121,626$0$252,744,963
100$482,422,451$4,019,696$0$278,131,789