Can I retire at age 40 with 907,000?

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 $907,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$74,899$74,232$73,581$72,946$72,325$71,186
2 years$37,079$36,388$35,719$35,070$34,441$33,296
3 years$24,474$23,780$23,113$22,470$21,851$20,736
4 years$18,172$17,481$16,820$16,188$15,584$14,508
5 years$14,393$13,705$13,053$12,434$11,847$10,812
6 years$11,873$11,191$10,549$9,944$9,374$8,382
7 years$10,075$9,398$8,766$8,175$7,624$6,675
8 years$8,726$8,056$7,434$6,858$6,324$5,419
9 years$7,678$7,014$6,403$5,841$5,326$4,463
10 years$6,840$6,183$5,582$5,035$4,538$3,717
11 years$6,155$5,504$4,915$4,382$3,903$3,123
12 years$5,584$4,940$4,362$3,844$3,382$2,643
13 years$5,102$4,465$3,897$3,394$2,949$2,249
14 years$4,689$4,058$3,501$3,012$2,585$1,923
15 years$4,331$3,707$3,161$2,687$2,276$1,650
16 years$4,018$3,401$2,866$2,406$2,012$1,421
17 years$3,743$3,132$2,608$2,161$1,784$1,227
18 years$3,498$2,895$2,381$1,948$1,586$1,062
19 years$3,279$2,683$2,180$1,760$1,414$922
20 years$3,083$2,493$2,000$1,594$1,263$801
21 years$2,905$2,322$1,840$1,447$1,130$697
22 years$2,744$2,167$1,696$1,315$1,013$607
23 years$2,597$2,027$1,566$1,198$909$529
24 years$2,462$1,899$1,448$1,093$817$462
25 years$2,338$1,782$1,341$998$735$404
26 years$2,224$1,675$1,244$912$662$353
27 years$2,119$1,577$1,155$835$597$309
28 years$2,022$1,486$1,074$765$539$270
29 years$1,931$1,401$999$702$487$237
30 years$1,846$1,324$931$644$440$208
31 years$1,767$1,251$868$591$398$182
32 years$1,694$1,184$810$544$360$159
33 years$1,624$1,121$756$500$325$140
34 years$1,559$1,063$706$460$295$123
35 years$1,498$1,008$660$423$267$108
36 years$1,441$957$618$390$242$94
37 years$1,386$909$578$359$219$83
38 years$1,335$863$541$331$199$73
39 years$1,286$821$507$305$180$64
40 years$1,240$781$475$282$163$56
41 years$1,196$744$446$260$148$49
42 years$1,155$708$418$240$135$43
43 years$1,115$675$392$221$122$38
44 years$1,078$643$368$204$111$33
45 years$1,042$613$346$189$101$29
46 years$1,008$585$325$174$91$26
47 years$975$558$305$161$83$23
48 years$944$533$287$149$75$20
49 years$914$509$270$138$68$17
50 years$886$486$253$127$62$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $907,000, adding $3,827 every year, while hoping to spend $26,637 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: 52/30/18 Blend
39$907,000$907,000$907,000$907,000
40$1,003,462$955,391$941,332$1,050,510
41$1,077,473$973,863$944,525$1,101,711
42$1,158,141$992,348$946,932$1,154,268
43$1,246,116$1,010,818$948,499$1,210,853
44$1,342,115$1,029,243$949,169$1,271,857
45$1,446,926$1,047,591$948,881$1,337,711
46$1,561,417$1,065,827$947,573$1,408,889
47$1,686,543$1,083,915$945,179$1,485,915
48$1,823,357$1,101,813$941,629$1,569,366
49$1,973,017$1,119,479$936,851$1,659,880
50$2,136,798$1,136,867$930,769$1,758,157
51$2,316,104$1,153,926$923,302$1,864,974
52$2,512,482$1,170,604$914,368$1,981,183
53$2,727,635$1,186,844$903,880$2,107,726
54$2,963,439$1,202,584$891,744$2,245,642
55$3,221,958$1,217,759$877,866$2,396,076
56$3,505,468$1,232,299$862,145$2,560,292
57$3,816,474$1,246,131$844,476$2,739,682
58$4,157,737$1,259,174$824,748$2,935,782
59$4,532,296$1,271,343$802,847$3,150,286
60$4,943,500$1,282,548$778,652$3,385,063
61$5,395,037$1,292,694$752,037$3,642,172
62$5,890,971$1,301,676$722,870$3,923,885
63$6,435,778$1,309,386$691,014$4,232,708
64$7,034,389$1,315,707$656,325$4,571,402
65$7,692,236$1,320,517$618,652$4,943,015
66$8,415,305$1,323,682$577,837$5,350,904
67$9,210,188$1,325,065$533,716$5,798,774
68$10,084,149$1,324,515$486,118$6,290,709
69$11,045,192$1,321,876$434,863$6,831,211
70$12,102,134$1,316,981$379,763$7,425,247
71$13,264,690$1,309,650$320,623$8,078,291
72$14,543,562$1,299,697$257,238$8,796,380
73$15,950,545$1,286,922$189,394$9,586,168
74$17,498,631$1,271,111$116,870$10,454,994
75$19,202,137$1,252,042$39,431$11,410,947
76$21,076,839$1,229,476$0$12,462,948
77$23,140,117$1,203,160$0$13,629,130
78$25,411,122$1,172,829$0$14,920,655
79$27,910,958$1,138,198$0$16,341,947
80$30,662,875$1,098,970$0$17,906,235
81$33,692,496$1,054,827$0$19,628,101
82$37,028,051$1,005,434$0$21,523,618
83$40,700,649$950,437$0$23,610,498
84$44,744,568$889,461$0$25,908,267
85$49,197,578$822,109$0$28,438,445
86$54,101,302$747,963$0$31,224,748
87$59,501,600$666,579$0$34,293,319
88$65,449,011$577,489$0$37,672,969
89$71,999,222$480,198$0$41,395,454
90$79,213,599$374,184$0$45,495,774
91$87,159,762$258,895$0$50,012,504
92$95,912,224$133,747$0$54,988,158
93$105,553,096$0$0$60,469,596
94$116,172,858$0$0$66,509,079
95$127,871,216$0$0$73,210,734
96$140,758,042$0$0$80,593,366
97$154,954,409$0$0$88,726,354
98$170,593,735$0$0$97,686,148
99$187,823,042$0$0$107,556,998
100$206,804,345$0$0$118,431,740