Can I retire at age 40 with 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 $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%17.1%
1 years$74,321$73,659$73,013$72,383$71,767$69,693
2 years$36,793$36,107$35,443$34,799$34,175$32,102
3 years$24,285$23,597$22,934$22,296$21,682$19,675
4 years$18,032$17,346$16,690$16,063$15,464$13,538
5 years$14,281$13,599$12,952$12,338$11,755$9,916
6 years$11,782$11,105$10,467$9,867$9,302$7,551
7 years$9,997$9,326$8,698$8,112$7,565$5,902
8 years$8,659$7,994$7,377$6,805$6,276$4,700
9 years$7,619$6,960$6,354$5,796$5,285$3,795
10 years$6,787$6,135$5,539$4,997$4,503$3,097
11 years$6,108$5,462$4,877$4,348$3,873$2,548
12 years$5,541$4,902$4,328$3,814$3,356$2,110
13 years$5,063$4,430$3,867$3,367$2,927$1,757
14 years$4,653$4,027$3,474$2,989$2,565$1,468
15 years$4,298$3,679$3,137$2,666$2,259$1,232
16 years$3,987$3,375$2,844$2,387$1,996$1,036
17 years$3,714$3,108$2,588$2,145$1,770$874
18 years$3,471$2,872$2,362$1,933$1,574$738
19 years$3,254$2,662$2,163$1,746$1,403$625
20 years$3,059$2,474$1,985$1,582$1,253$530
21 years$2,883$2,304$1,826$1,436$1,121$449
22 years$2,722$2,151$1,683$1,305$1,005$382
23 years$2,577$2,012$1,554$1,189$902$324
24 years$2,443$1,885$1,437$1,084$811$276
25 years$2,320$1,769$1,331$990$730$235
26 years$2,207$1,662$1,234$905$657$200
27 years$2,103$1,564$1,146$829$593$170
28 years$2,006$1,474$1,065$759$535$145
29 years$1,916$1,391$991$696$483$124
30 years$1,832$1,313$924$639$436$106
31 years$1,754$1,242$861$587$394$90
32 years$1,680$1,175$803$539$357$77
33 years$1,612$1,113$750$496$323$65
34 years$1,547$1,054$701$456$292$56
35 years$1,487$1,000$655$420$265$48
36 years$1,429$949$613$387$240$41
37 years$1,375$902$574$356$217$35
38 years$1,324$857$537$329$197$30
39 years$1,276$815$503$303$179$25
40 years$1,230$775$472$279$162$22
41 years$1,187$738$442$258$147$18
42 years$1,146$703$415$238$133$16
43 years$1,107$670$389$220$121$13
44 years$1,069$638$366$203$110$11
45 years$1,034$609$343$187$100$10
46 years$1,000$581$322$173$91$8
47 years$968$554$303$160$82$7
48 years$937$529$285$148$75$6
49 years$907$505$267$136$68$5
50 years$879$482$251$126$62$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $900,000, adding $6,224 every year, while hoping to spend $29,679 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: 73/11/16 Blend
39$900,000$900,000$900,000$900,000
40$998,220$950,520$936,570$1,067,033
41$1,068,460$965,517$936,367$1,128,473
42$1,144,870$980,255$935,162$1,191,528
43$1,228,048$994,688$932,891$1,259,818
44$1,318,652$1,008,771$929,486$1,333,857
45$1,417,405$1,022,451$924,874$1,414,210
46$1,525,105$1,035,676$918,983$1,501,498
47$1,642,629$1,048,388$911,732$1,596,408
48$1,770,942$1,060,524$903,040$1,699,696
49$1,911,108$1,072,019$892,821$1,812,195
50$2,064,295$1,082,802$880,985$1,934,824
51$2,231,793$1,092,799$867,437$2,068,595
52$2,415,019$1,101,929$852,079$2,214,622
53$2,615,534$1,110,107$834,808$2,374,136
54$2,835,059$1,117,243$815,515$2,548,491
55$3,075,488$1,123,240$794,086$2,739,181
56$3,338,904$1,127,995$770,405$2,947,853
57$3,627,604$1,131,399$744,346$3,176,319
58$3,944,119$1,133,337$715,780$3,426,582
59$4,291,232$1,133,683$684,572$3,700,844
60$4,672,013$1,132,309$650,580$4,001,535
61$5,089,840$1,129,074$613,656$4,331,334
62$5,548,436$1,123,831$573,646$4,693,193
63$6,051,901$1,116,423$530,388$5,090,364
64$6,604,751$1,106,684$483,712$5,526,436
65$7,211,962$1,094,438$433,443$6,005,360
66$7,879,014$1,079,498$379,395$6,531,495
67$8,611,946$1,061,666$321,378$7,109,642
68$9,417,410$1,040,732$259,189$7,745,095
69$10,302,732$1,016,474$192,618$8,443,690
70$11,275,987$988,658$121,447$9,211,858
71$12,346,068$957,033$45,446$10,056,688
72$13,522,776$921,336$0$10,985,992
73$14,816,906$881,289$0$12,014,472
74$16,240,354$836,596$0$13,154,207
75$17,806,226$786,944$0$14,407,937
76$19,528,961$732,005$0$15,787,240
77$21,424,470$671,428$0$17,304,875
78$23,510,283$604,845$0$18,974,902
79$25,805,715$531,865$0$20,812,813
80$28,332,049$452,077$0$22,835,681
81$31,112,734$365,046$0$25,062,322
82$34,173,610$270,310$0$27,513,467
83$37,543,148$167,385$0$30,211,964
84$41,252,719$55,757$0$33,182,992
85$45,336,892$0$0$36,454,296
86$49,833,757$0$0$40,064,333
87$54,785,286$0$0$44,046,855
88$60,237,729$0$0$48,432,317
89$66,242,047$0$0$53,261,715
90$72,854,398$0$0$58,580,225
91$80,136,662$0$0$64,437,626
92$88,157,027$0$0$70,888,772
93$96,990,632$0$0$77,994,108
94$106,720,275$0$0$85,820,241
95$117,437,194$0$0$94,440,567
96$129,241,929$0$0$103,935,966
97$142,245,271$0$0$114,395,564
98$156,569,305$0$0$125,917,571
99$172,348,563$0$0$138,610,214
100$189,731,295$0$0$152,592,751