Can I retire at age 40 with 909,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%13.9%
1 years$75,064$74,396$73,743$73,107$72,485$71,313
2 years$37,161$36,468$35,798$35,147$34,517$33,340
3 years$24,528$23,833$23,164$22,519$21,899$20,753
4 years$18,212$17,519$16,857$16,224$15,618$14,512
5 years$14,424$13,735$13,082$12,462$11,873$10,810
6 years$11,900$11,216$10,572$9,966$9,395$8,376
7 years$10,097$9,419$8,785$8,193$7,640$6,666
8 years$8,746$8,074$7,451$6,873$6,338$5,409
9 years$7,695$7,030$6,417$5,854$5,338$4,452
10 years$6,855$6,196$5,595$5,047$4,548$3,706
11 years$6,169$5,516$4,926$4,392$3,912$3,112
12 years$5,597$4,951$4,371$3,852$3,390$2,631
13 years$5,113$4,474$3,905$3,401$2,956$2,238
14 years$4,699$4,067$3,509$3,019$2,591$1,912
15 years$4,341$3,715$3,168$2,692$2,281$1,640
16 years$4,027$3,409$2,872$2,411$2,016$1,411
17 years$3,751$3,139$2,614$2,166$1,788$1,218
18 years$3,506$2,901$2,386$1,952$1,590$1,053
19 years$3,286$2,689$2,184$1,764$1,417$913
20 years$3,089$2,498$2,005$1,598$1,266$793
21 years$2,911$2,327$1,844$1,450$1,133$689
22 years$2,750$2,172$1,699$1,318$1,015$600
23 years$2,602$2,032$1,569$1,201$911$523
24 years$2,467$1,904$1,451$1,095$819$456
25 years$2,344$1,786$1,344$1,000$737$398
26 years$2,229$1,679$1,247$914$664$348
27 years$2,124$1,580$1,158$837$599$304
28 years$2,026$1,489$1,076$767$540$266
29 years$1,935$1,405$1,001$703$488$233
30 years$1,850$1,326$933$645$441$204
31 years$1,771$1,254$870$593$398$179
32 years$1,697$1,187$811$545$360$156
33 years$1,628$1,124$758$501$326$137
34 years$1,563$1,065$708$461$295$120
35 years$1,501$1,010$662$424$267$105
36 years$1,444$959$619$391$242$92
37 years$1,389$911$579$360$220$81
38 years$1,338$865$543$332$199$71
39 years$1,289$823$508$306$181$62
40 years$1,243$783$476$282$164$55
41 years$1,199$745$447$260$149$48
42 years$1,157$710$419$240$135$42
43 years$1,118$676$393$222$122$37
44 years$1,080$645$369$205$111$32
45 years$1,044$615$347$189$101$28
46 years$1,010$586$326$175$92$25
47 years$977$560$306$161$83$22
48 years$946$534$287$149$75$19
49 years$916$510$270$138$69$17
50 years$888$487$254$127$62$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $909,000, adding $2,890 every year, while hoping to spend $45,027 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: 74/18/8 Blend
39$909,000$909,000$909,000$909,000
40$1,004,699$956,522$942,433$1,077,583
41$1,059,270$955,483$926,096$1,124,964
42$1,117,898$952,884$907,702$1,170,894
43$1,180,949$948,602$887,136$1,219,938
44$1,248,826$942,503$864,275$1,272,388
45$1,321,971$934,450$838,993$1,328,569
46$1,400,867$924,293$811,154$1,388,837
47$1,486,049$911,877$780,621$1,453,585
48$1,578,101$897,034$747,247$1,523,248
49$1,677,668$879,589$710,881$1,598,305
50$1,785,456$859,356$671,362$1,679,285
51$1,902,244$836,135$628,523$1,766,770
52$2,028,887$809,720$582,193$1,861,405
53$2,166,324$779,887$532,187$1,963,899
54$2,315,590$746,402$478,316$2,075,037
55$2,477,823$709,019$420,383$2,195,682
56$2,654,274$667,474$358,179$2,326,790
57$2,846,320$621,490$291,488$2,469,412
58$3,055,476$570,774$220,084$2,624,710
59$3,283,410$515,017$143,731$2,793,966
60$3,531,955$453,890$62,183$2,978,595
61$3,803,131$387,047$0$3,180,156
62$4,099,161$314,123$0$3,402,491
63$4,422,491$234,731$0$3,651,183
64$4,775,816$148,464$0$3,923,035
65$5,162,099$54,889$0$4,220,387
66$5,584,607$0$0$4,545,813
67$6,046,934$0$0$4,911,355
68$6,553,039$0$0$5,323,449
69$7,107,279$0$0$5,774,778
70$7,714,456$0$0$6,269,254
71$8,379,855$0$0$6,811,190
72$9,109,298$0$0$7,405,330
73$9,909,198$0$0$8,056,904
74$10,786,616$0$0$8,771,669
75$11,749,331$0$0$9,555,969
76$12,805,911$0$0$10,416,790
77$13,965,794$0$0$11,361,826
78$15,239,376$0$0$12,399,557
79$16,638,108$0$0$13,539,318
80$18,174,608$0$0$14,791,398
81$19,862,772$0$0$16,167,128
82$21,717,911$0$0$17,678,994
83$23,756,892$0$0$19,340,749
84$25,998,297$0$0$21,167,546
85$28,462,599$0$0$23,176,079
86$31,172,353$0$0$25,384,739
87$34,152,409$0$0$27,813,790
88$37,430,145$0$0$30,485,559
89$41,035,727$0$0$33,424,643
90$45,002,392$0$0$36,658,144
91$49,366,758$0$0$40,215,925
92$54,169,175$0$0$44,130,887
93$59,454,098$0$0$48,439,282
94$65,270,514$0$0$53,181,056
95$71,672,395$0$0$58,400,221
96$78,719,213$0$0$64,145,274
97$86,476,498$0$0$70,469,651
98$95,016,455$0$0$77,432,234
99$104,418,648$0$0$85,097,903
100$114,770,746$0$0$93,538,149