Can I retire at age 40 with 909,000?

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 $909,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$75,064$74,396$73,743$73,107$72,485$71,431
2 years$37,161$36,468$35,798$35,147$34,517$33,457
3 years$24,528$23,833$23,164$22,519$21,899$20,867
4 years$18,212$17,519$16,857$16,224$15,618$14,621
5 years$14,424$13,735$13,082$12,462$11,873$10,914
6 years$11,900$11,216$10,572$9,966$9,395$8,475
7 years$10,097$9,419$8,785$8,193$7,640$6,760
8 years$8,746$8,074$7,451$6,873$6,338$5,498
9 years$7,695$7,030$6,417$5,854$5,338$4,536
10 years$6,855$6,196$5,595$5,047$4,548$3,785
11 years$6,169$5,516$4,926$4,392$3,912$3,186
12 years$5,597$4,951$4,371$3,852$3,390$2,701
13 years$5,113$4,474$3,905$3,401$2,956$2,303
14 years$4,699$4,067$3,509$3,019$2,591$1,973
15 years$4,341$3,715$3,168$2,692$2,281$1,697
16 years$4,027$3,409$2,872$2,411$2,016$1,465
17 years$3,751$3,139$2,614$2,166$1,788$1,267
18 years$3,506$2,901$2,386$1,952$1,590$1,099
19 years$3,286$2,689$2,184$1,764$1,417$956
20 years$3,089$2,498$2,005$1,598$1,266$832
21 years$2,911$2,327$1,844$1,450$1,133$726
22 years$2,750$2,172$1,699$1,318$1,015$634
23 years$2,602$2,032$1,569$1,201$911$554
24 years$2,467$1,904$1,451$1,095$819$485
25 years$2,344$1,786$1,344$1,000$737$425
26 years$2,229$1,679$1,247$914$664$372
27 years$2,124$1,580$1,158$837$599$326
28 years$2,026$1,489$1,076$767$540$286
29 years$1,935$1,405$1,001$703$488$251
30 years$1,850$1,326$933$645$441$221
31 years$1,771$1,254$870$593$398$194
32 years$1,697$1,187$811$545$360$171
33 years$1,628$1,124$758$501$326$150
34 years$1,563$1,065$708$461$295$132
35 years$1,501$1,010$662$424$267$116
36 years$1,444$959$619$391$242$102
37 years$1,389$911$579$360$220$90
38 years$1,338$865$543$332$199$79
39 years$1,289$823$508$306$181$70
40 years$1,243$783$476$282$164$61
41 years$1,199$745$447$260$149$54
42 years$1,157$710$419$240$135$47
43 years$1,118$676$393$222$122$42
44 years$1,080$645$369$205$111$37
45 years$1,044$615$347$189$101$32
46 years$1,010$586$326$175$92$29
47 years$977$560$306$161$83$25
48 years$946$534$287$149$75$22
49 years$916$510$270$138$69$20
50 years$888$487$254$127$62$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $909,000, adding $5,862 every year, while hoping to spend $57,202 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: 76/9/15 Blend
39$909,000$909,000$909,000$909,000
40$1,007,765$959,588$945,498$1,080,668
41$1,049,694$945,745$916,310$1,115,771
42$1,093,983$929,307$884,227$1,146,505
43$1,140,812$910,086$849,091$1,178,636
44$1,190,378$887,883$810,738$1,212,284
45$1,242,896$862,488$768,997$1,247,582
46$1,298,599$833,678$723,687$1,284,680
47$1,357,746$801,218$674,620$1,323,740
48$1,420,617$764,858$621,600$1,364,944
49$1,487,518$724,335$564,422$1,408,493
50$1,558,786$679,368$502,872$1,454,608
51$1,634,789$629,664$436,725$1,503,535
52$1,715,930$574,911$365,748$1,555,547
53$1,802,651$514,777$289,696$1,610,945
54$1,895,436$448,916$208,315$1,670,062
55$1,994,816$376,958$121,339$1,733,267
56$2,101,373$298,514$28,490$1,800,968
57$2,215,746$213,174$0$1,873,617
58$2,338,636$120,504$0$1,963,012
59$2,470,812$20,044$0$2,064,007
60$2,613,120$0$0$2,172,699
61$2,766,488$0$0$2,298,601
62$2,931,934$0$0$2,436,586
63$3,110,578$0$0$2,585,607
64$3,303,651$0$0$2,746,693
65$3,512,505$0$0$2,920,977
66$3,738,627$0$0$3,109,702
67$3,983,650$0$0$3,314,238
68$4,249,371$0$0$3,536,087
69$4,537,767$0$0$3,776,904
70$4,851,010$0$0$4,038,510
71$5,191,492$0$0$4,322,904
72$5,561,841$0$0$4,632,289
73$5,964,952$0$0$4,969,088
74$6,404,008$0$0$5,335,966
75$6,882,512$0$0$5,735,856
76$7,404,321$0$0$6,171,987
77$7,973,678$0$0$6,647,912
78$8,595,254$0$0$7,167,543
79$9,274,190$0$0$7,735,185
80$10,016,149$0$0$8,355,577
81$10,827,360$0$0$9,033,939
82$11,714,687$0$0$9,776,016
83$12,685,683$0$0$10,588,134
84$13,748,668$0$0$11,477,259
85$14,912,803$0$0$12,451,063
86$16,188,175$0$0$13,517,993
87$17,585,894$0$0$14,687,353
88$19,118,196$0$0$15,969,390
89$20,798,557$0$0$17,375,388
90$22,641,820$0$0$18,917,776
91$24,664,332$0$0$20,610,247
92$26,884,101$0$0$22,467,880
93$29,320,964$0$0$24,507,286
94$31,996,768$0$0$26,746,763
95$34,935,585$0$0$29,206,469
96$38,163,928$0$0$31,908,608
97$41,711,006$0$0$34,877,642
98$45,608,999$0$0$38,140,520
99$49,893,356$0$0$41,726,930
100$54,603,133$0$0$45,669,580