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%13.2%
1 years$157,726$156,321$154,950$153,612$152,306$150,278
2 years$78,082$76,628$75,219$73,852$72,527$70,487
3 years$51,538$50,077$48,671$47,318$46,014$44,026
4 years$38,268$36,812$35,420$34,090$32,818$30,896
5 years$30,308$28,861$27,488$26,184$24,947$23,098
6 years$25,004$23,567$22,214$20,940$19,740$17,965
7 years$21,216$19,792$18,460$17,216$16,054$14,355
8 years$18,377$16,965$15,656$14,442$13,318$11,694
9 years$16,169$14,771$13,484$12,301$11,216$9,666
10 years$14,405$13,020$11,756$10,604$9,557$8,080
11 years$12,962$11,591$10,350$9,228$8,219$6,814
12 years$11,760$10,404$9,185$8,095$7,122$5,788
13 years$10,744$9,402$8,206$7,146$6,211$4,944
14 years$9,874$8,546$7,373$6,344$5,444$4,245
15 years$9,121$7,807$6,657$5,657$4,794$3,658
16 years$8,462$7,163$6,036$5,066$4,237$3,164
17 years$7,882$6,597$5,492$4,551$3,756$2,744
18 years$7,366$6,095$5,014$4,102$3,340$2,385
19 years$6,906$5,649$4,590$3,706$2,977$2,078
20 years$6,491$5,250$4,212$3,357$2,659$1,814
21 years$6,117$4,890$3,874$3,046$2,380$1,585
22 years$5,778$4,564$3,571$2,770$2,133$1,387
23 years$5,468$4,269$3,297$2,523$1,915$1,216
24 years$5,185$4,000$3,049$2,301$1,721$1,066
25 years$4,924$3,754$2,824$2,101$1,549$936
26 years$4,684$3,528$2,619$1,921$1,395$822
27 years$4,463$3,320$2,432$1,759$1,258$723
28 years$4,257$3,128$2,261$1,611$1,135$636
29 years$4,066$2,951$2,104$1,478$1,025$560
30 years$3,888$2,787$1,960$1,356$926$493
31 years$3,722$2,635$1,827$1,245$837$434
32 years$3,566$2,493$1,705$1,145$757$383
33 years$3,421$2,361$1,592$1,052$685$337
34 years$3,284$2,238$1,487$968$620$297
35 years$3,155$2,122$1,391$891$562$262
36 years$3,034$2,014$1,301$821$509$231
37 years$2,919$1,913$1,218$756$461$204
38 years$2,811$1,818$1,140$697$418$180
39 years$2,708$1,729$1,068$643$379$159
40 years$2,611$1,645$1,001$593$344$140
41 years$2,519$1,566$939$547$312$124
42 years$2,432$1,491$881$505$283$109
43 years$2,349$1,421$826$466$257$96
44 years$2,269$1,354$776$430$233$85
45 years$2,194$1,292$728$397$212$75
46 years$2,122$1,232$684$367$192$66
47 years$2,053$1,176$643$339$175$59
48 years$1,988$1,122$604$313$159$52
49 years$1,925$1,072$568$290$144$46
50 years$1,865$1,024$534$268$131$40

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 $3,678 every year, while hoping to spend $20,816 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: 75/18/7 Blend
39$1,910,000$1,910,000$1,910,000$1,910,000
40$2,108,614$2,007,384$1,977,779$2,264,553
41$2,301,544$2,083,598$2,021,886$2,443,866
42$2,513,456$2,162,848$2,066,774$2,637,284
43$2,746,263$2,245,262$2,112,445$2,848,628
44$3,002,075$2,330,973$2,158,905$3,079,666
45$3,283,213$2,420,117$2,206,155$3,332,344
46$3,592,237$2,512,839$2,254,198$3,608,806
47$3,931,968$2,609,291$2,303,035$3,911,409
48$4,305,510$2,709,628$2,352,669$4,242,752
49$4,716,287$2,814,014$2,403,098$4,605,694
50$5,168,069$2,922,622$2,454,323$5,003,383
51$5,665,011$3,035,629$2,506,341$5,439,288
52$6,211,689$3,153,222$2,559,151$5,917,225
53$6,813,147$3,275,596$2,612,748$6,441,401
54$7,474,942$3,402,953$2,667,129$7,016,444
55$8,203,196$3,535,508$2,722,287$7,647,457
56$9,004,654$3,673,480$2,778,216$8,340,055
57$9,886,750$3,817,102$2,834,908$9,100,425
58$10,857,675$3,966,616$2,892,353$9,935,381
59$11,926,451$4,122,274$2,950,541$10,852,430
60$13,103,024$4,284,340$3,009,458$11,859,837
61$14,398,349$4,453,089$3,069,092$12,966,711
62$15,824,500$4,628,810$3,129,426$14,183,083
63$17,394,780$4,811,803$3,190,443$15,520,004
64$19,123,849$5,002,382$3,252,124$16,989,648
65$21,027,859$5,200,876$3,314,448$18,605,426
66$23,124,609$5,407,628$3,377,390$20,382,111
67$25,433,713$5,622,996$3,440,927$22,335,980
68$27,976,783$5,847,354$3,505,029$24,484,965
69$30,777,634$6,081,093$3,569,667$26,848,821
70$33,862,510$6,324,624$3,634,808$29,449,313
71$37,260,327$6,578,372$3,700,415$32,310,419
72$41,002,954$6,842,785$3,766,452$35,458,558
73$45,125,503$7,118,330$3,832,877$38,922,839
74$49,666,671$7,405,494$3,899,644$42,735,331
75$54,669,095$7,704,788$3,966,707$46,931,370
76$60,179,765$8,016,744$4,034,013$51,549,887
77$66,250,457$8,341,921$4,101,509$56,633,778
78$72,938,229$8,680,901$4,169,135$62,230,307
79$80,305,956$9,034,292$4,236,828$68,391,551
80$88,422,924$9,402,733$4,304,522$75,174,890
81$97,365,484$9,786,889$4,372,146$82,643,549
82$107,217,773$10,187,456$4,439,622$90,867,194
83$118,072,507$10,605,163$4,506,871$99,922,587
84$130,031,858$11,040,770$4,573,806$109,894,309
85$143,208,415$11,495,076$4,640,336$120,875,560
86$157,726,250$11,968,911$4,706,364$132,969,037
87$173,722,087$12,463,147$4,771,787$146,287,898
88$191,346,594$12,978,696$4,836,496$160,956,835
89$210,765,804$13,516,509$4,900,375$177,113,246
90$232,162,682$14,077,583$4,963,303$194,908,531
91$255,738,852$14,662,962$5,025,151$214,509,520
92$281,716,502$15,273,734$5,085,781$236,100,049
93$310,340,480$15,911,042$5,145,049$259,882,688
94$341,880,603$16,576,077$5,202,803$286,080,657
95$376,634,209$17,270,090$5,258,881$314,939,929
96$414,928,959$17,994,385$5,313,114$346,731,552
97$457,125,933$18,750,329$5,365,323$381,754,202
98$503,623,036$19,539,353$5,415,319$420,337,005
99$554,858,756$20,362,952$5,462,903$462,842,640
100$611,316,304$21,222,692$5,507,865$509,670,762