Can I retire at age 40 with 1,910,000?

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$157,726$156,321$154,950$153,612$152,306$148,323
2 years$78,082$76,628$75,219$73,852$72,527$68,541
3 years$51,538$50,077$48,671$47,318$46,014$42,151
4 years$38,268$36,812$35,420$34,090$32,818$29,106
5 years$30,308$28,861$27,488$26,184$24,947$21,398
6 years$25,004$23,567$22,214$20,940$19,740$16,356
7 years$21,216$19,792$18,460$17,216$16,054$12,835
8 years$18,377$16,965$15,656$14,442$13,318$10,264
9 years$16,169$14,771$13,484$12,301$11,216$8,323
10 years$14,405$13,020$11,756$10,604$9,557$6,821
11 years$12,962$11,591$10,350$9,228$8,219$5,638
12 years$11,760$10,404$9,185$8,095$7,122$4,690
13 years$10,744$9,402$8,206$7,146$6,211$3,923
14 years$9,874$8,546$7,373$6,344$5,444$3,295
15 years$9,121$7,807$6,657$5,657$4,794$2,778
16 years$8,462$7,163$6,036$5,066$4,237$2,349
17 years$7,882$6,597$5,492$4,551$3,756$1,991
18 years$7,366$6,095$5,014$4,102$3,340$1,691
19 years$6,906$5,649$4,590$3,706$2,977$1,438
20 years$6,491$5,250$4,212$3,357$2,659$1,226
21 years$6,117$4,890$3,874$3,046$2,380$1,045
22 years$5,778$4,564$3,571$2,770$2,133$893
23 years$5,468$4,269$3,297$2,523$1,915$763
24 years$5,185$4,000$3,049$2,301$1,721$653
25 years$4,924$3,754$2,824$2,101$1,549$559
26 years$4,684$3,528$2,619$1,921$1,395$478
27 years$4,463$3,320$2,432$1,759$1,258$410
28 years$4,257$3,128$2,261$1,611$1,135$351
29 years$4,066$2,951$2,104$1,478$1,025$301
30 years$3,888$2,787$1,960$1,356$926$258
31 years$3,722$2,635$1,827$1,245$837$222
32 years$3,566$2,493$1,705$1,145$757$190
33 years$3,421$2,361$1,592$1,052$685$163
34 years$3,284$2,238$1,487$968$620$140
35 years$3,155$2,122$1,391$891$562$120
36 years$3,034$2,014$1,301$821$509$103
37 years$2,919$1,913$1,218$756$461$89
38 years$2,811$1,818$1,140$697$418$76
39 years$2,708$1,729$1,068$643$379$65
40 years$2,611$1,645$1,001$593$344$56
41 years$2,519$1,566$939$547$312$48
42 years$2,432$1,491$881$505$283$41
43 years$2,349$1,421$826$466$257$36
44 years$2,269$1,354$776$430$233$31
45 years$2,194$1,292$728$397$212$26
46 years$2,122$1,232$684$367$192$23
47 years$2,053$1,176$643$339$175$19
48 years$1,988$1,122$604$313$159$17
49 years$1,925$1,072$568$290$144$14
50 years$1,865$1,024$534$268$131$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,910,000, adding $2,868 every year, while hoping to spend $46,986 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: 69/18/13 Blend
39$1,910,000$1,910,000$1,910,000$1,910,000
40$2,107,778$2,006,548$1,976,943$2,246,954
41$2,272,779$2,054,876$1,993,178$2,388,148
42$2,453,035$2,103,998$2,008,382$2,536,661
43$2,650,053$2,153,902$2,022,471$2,697,920
44$2,865,491$2,204,576$2,035,356$2,873,174
45$3,101,175$2,256,004$2,046,945$3,063,796
46$3,359,116$2,308,170$2,057,139$3,271,298
47$3,641,529$2,361,053$2,065,836$3,497,346
48$3,950,850$2,414,630$2,072,927$3,743,776
49$4,289,766$2,468,876$2,078,299$4,012,609
50$4,661,233$2,523,762$2,081,833$4,306,072
51$5,068,508$2,579,255$2,083,404$4,626,619
52$5,515,177$2,635,320$2,082,879$4,976,952
53$6,005,192$2,691,918$2,080,123$5,360,051
54$6,542,903$2,749,003$2,074,988$5,779,196
55$7,133,105$2,806,530$2,067,326$6,238,003
56$7,781,075$2,864,444$2,056,975$6,740,455
57$8,492,632$2,922,688$2,043,770$7,290,941
58$9,274,180$2,981,200$2,027,537$7,894,298
59$10,132,778$3,039,910$2,008,091$8,555,855
60$11,076,201$3,098,746$1,985,242$9,281,484
61$12,113,015$3,157,625$1,958,788$10,077,657
62$13,252,655$3,216,461$1,928,520$10,951,504
63$14,505,518$3,275,160$1,894,218$11,910,884
64$15,883,058$3,333,620$1,855,651$12,964,454
65$17,397,893$3,391,730$1,812,578$14,121,758
66$19,063,926$3,449,373$1,764,748$15,393,311
67$20,896,475$3,506,421$1,711,896$16,790,701
68$22,912,417$3,562,737$1,653,746$18,326,699
69$25,130,347$3,618,175$1,590,009$20,015,377
70$27,570,752$3,672,576$1,520,385$21,872,244
71$30,256,209$3,725,771$1,444,558$23,914,391
72$33,211,588$3,777,581$1,362,197$26,160,654
73$36,464,298$3,827,810$1,272,958$28,631,788
74$40,044,536$3,876,252$1,176,482$31,350,669
75$43,985,576$3,922,686$1,072,391$34,342,505
76$48,324,081$3,966,874$960,293$37,635,078
77$53,100,452$4,008,565$839,777$41,259,004
78$58,359,202$4,047,489$710,413$45,248,024
79$64,149,384$4,083,359$571,755$49,639,321
80$70,525,047$4,115,869$423,335$54,473,872
81$77,545,749$4,144,694$264,664$59,796,839
82$85,277,118$4,169,487$95,233$65,657,990
83$93,791,470$4,189,878$0$72,112,171
84$103,168,492$4,205,474$0$79,231,699
85$113,495,995$4,215,859$0$87,086,183
86$124,870,740$4,220,590$0$95,735,891
87$137,399,350$4,219,193$0$105,261,809
88$151,199,320$4,211,170$0$115,753,182
89$166,400,122$4,195,989$0$127,308,358
90$183,144,428$4,173,085$0$140,035,714
91$201,589,454$4,141,861$0$154,054,682
92$221,908,449$4,101,683$0$169,496,875
93$244,292,323$4,051,877$0$186,507,332
94$268,951,452$3,991,731$0$205,245,882
95$296,117,663$3,920,490$0$225,888,660
96$326,046,423$3,837,352$0$248,629,766
97$359,019,246$3,741,470$0$273,683,096
98$395,346,354$3,631,946$0$301,284,368
99$435,369,602$3,507,831$0$331,693,341
100$479,465,705$3,368,119$0$365,196,272