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%19.5%
1 years$74,321$73,659$73,013$72,383$71,767$69,029
2 years$36,793$36,107$35,443$34,799$34,175$31,448
3 years$24,285$23,597$22,934$22,296$21,682$19,053
4 years$18,032$17,346$16,690$16,063$15,464$12,952
5 years$14,281$13,599$12,952$12,338$11,755$9,368
6 years$11,782$11,105$10,467$9,867$9,302$7,040
7 years$9,997$9,326$8,698$8,112$7,565$5,428
8 years$8,659$7,994$7,377$6,805$6,276$4,262
9 years$7,619$6,960$6,354$5,796$5,285$3,391
10 years$6,787$6,135$5,539$4,997$4,503$2,726
11 years$6,108$5,462$4,877$4,348$3,873$2,208
12 years$5,541$4,902$4,328$3,814$3,356$1,799
13 years$5,063$4,430$3,867$3,367$2,927$1,474
14 years$4,653$4,027$3,474$2,989$2,565$1,212
15 years$4,298$3,679$3,137$2,666$2,259$999
16 years$3,987$3,375$2,844$2,387$1,996$826
17 years$3,714$3,108$2,588$2,145$1,770$684
18 years$3,471$2,872$2,362$1,933$1,574$568
19 years$3,254$2,662$2,163$1,746$1,403$472
20 years$3,059$2,474$1,985$1,582$1,253$393
21 years$2,883$2,304$1,826$1,436$1,121$327
22 years$2,722$2,151$1,683$1,305$1,005$273
23 years$2,577$2,012$1,554$1,189$902$227
24 years$2,443$1,885$1,437$1,084$811$190
25 years$2,320$1,769$1,331$990$730$158
26 years$2,207$1,662$1,234$905$657$132
27 years$2,103$1,564$1,146$829$593$111
28 years$2,006$1,474$1,065$759$535$92
29 years$1,916$1,391$991$696$483$77
30 years$1,832$1,313$924$639$436$65
31 years$1,754$1,242$861$587$394$54
32 years$1,680$1,175$803$539$357$45
33 years$1,612$1,113$750$496$323$38
34 years$1,547$1,054$701$456$292$32
35 years$1,487$1,000$655$420$265$26
36 years$1,429$949$613$387$240$22
37 years$1,375$902$574$356$217$18
38 years$1,324$857$537$329$197$15
39 years$1,276$815$503$303$179$13
40 years$1,230$775$472$279$162$11
41 years$1,187$738$442$258$147$9
42 years$1,146$703$415$238$133$8
43 years$1,107$670$389$220$121$6
44 years$1,069$638$366$203$110$5
45 years$1,034$609$343$187$100$4
46 years$1,000$581$322$173$91$4
47 years$968$554$303$160$82$3
48 years$937$529$285$148$75$3
49 years$907$505$267$136$68$2
50 years$879$482$251$126$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $900,000, adding $3,846 every year, while hoping to spend $45,665 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: 57/16/27 Blend
39$900,000$900,000$900,000$900,000
40$995,767$948,067$934,117$1,044,968
41$1,048,748$945,935$916,823$1,077,007
42$1,105,603$942,168$897,419$1,106,787
43$1,166,678$936,638$875,786$1,138,305
44$1,232,354$929,209$851,800$1,171,741
45$1,303,050$919,735$825,331$1,207,297
46$1,379,224$908,065$796,242$1,245,199
47$1,461,380$894,036$764,392$1,285,697
48$1,550,073$877,476$729,631$1,329,067
49$1,645,911$858,202$691,804$1,375,619
50$1,749,562$836,023$650,748$1,425,695
51$1,861,763$810,734$606,294$1,479,676
52$1,983,322$782,119$558,263$1,537,983
53$2,115,127$749,948$506,471$1,601,084
54$2,258,155$713,981$450,723$1,669,500
55$2,413,482$673,961$390,817$1,743,805
56$2,582,289$629,617$326,542$1,824,638
57$2,765,877$580,664$257,676$1,912,707
58$2,965,678$526,797$183,989$2,008,796
59$3,183,266$467,699$105,241$2,113,773
60$3,420,372$403,029$21,180$2,228,598
61$3,678,905$332,432$0$2,354,339
62$3,960,961$255,530$0$2,511,914
63$4,268,853$171,924$0$2,690,681
64$4,605,121$81,194$0$2,886,058
65$4,972,565$0$0$3,099,729
66$5,374,266$0$0$3,336,560
67$5,813,618$0$0$3,611,299
68$6,294,356$0$0$3,911,995
69$6,820,593$0$0$4,241,231
70$7,396,859$0$0$4,601,850
71$8,028,142$0$0$4,996,985
72$8,719,935$0$0$5,430,085
73$9,478,288$0$0$5,904,948
74$10,309,864$0$0$6,425,759
75$11,222,002$0$0$6,997,126
76$12,222,784$0$0$7,624,123
77$13,321,115$0$0$8,312,344
78$14,526,801$0$0$9,067,945
79$15,850,646$0$0$9,897,712
80$17,304,549$0$0$10,809,117
81$18,901,620$0$0$11,810,393
82$20,656,300$0$0$12,910,611
83$22,584,499$0$0$14,119,760
84$24,703,745$0$0$15,448,849
85$27,033,345$0$0$16,910,005
86$29,594,574$0$0$18,516,587
87$32,410,869$0$0$20,283,317
88$35,508,052$0$0$22,226,411
89$38,914,573$0$0$24,363,738
90$42,661,777$0$0$26,714,985
91$46,784,200$0$0$29,301,842
92$51,319,894$0$0$32,148,210
93$56,310,786$0$0$35,280,421
94$61,803,072$0$0$38,727,490
95$67,847,650$0$0$42,521,387
96$74,500,607$0$0$46,697,337
97$81,823,739$0$0$51,294,156
98$89,885,138$0$0$56,354,611
99$98,759,835$0$0$61,925,829
100$108,530,503$0$0$68,059,738