Can I retire at age 40 with 910,000?

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 $910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$75,147$74,478$73,825$73,187$72,565$70,810
2 years$37,201$36,509$35,837$35,186$34,555$32,798
3 years$24,555$23,859$23,189$22,544$21,923$20,218
4 years$18,232$17,539$16,876$16,242$15,636$13,997
5 years$14,440$13,751$13,096$12,475$11,886$10,317
6 years$11,913$11,228$10,584$9,977$9,405$7,907
7 years$10,108$9,430$8,795$8,202$7,649$6,223
8 years$8,755$8,083$7,459$6,881$6,345$4,991
9 years$7,704$7,038$6,424$5,861$5,344$4,059
10 years$6,863$6,203$5,601$5,052$4,553$3,337
11 years$6,175$5,522$4,931$4,397$3,916$2,767
12 years$5,603$4,957$4,376$3,857$3,393$2,310
13 years$5,119$4,479$3,910$3,405$2,959$1,938
14 years$4,704$4,072$3,513$3,022$2,594$1,634
15 years$4,345$3,719$3,172$2,695$2,284$1,382
16 years$4,032$3,413$2,876$2,413$2,019$1,173
17 years$3,755$3,143$2,617$2,168$1,790$998
18 years$3,510$2,904$2,389$1,954$1,591$850
19 years$3,290$2,692$2,187$1,766$1,418$726
20 years$3,093$2,501$2,007$1,599$1,267$621
21 years$2,915$2,330$1,846$1,451$1,134$532
22 years$2,753$2,175$1,701$1,320$1,016$456
23 years$2,605$2,034$1,571$1,202$912$391
24 years$2,470$1,906$1,453$1,096$820$336
25 years$2,346$1,788$1,346$1,001$738$289
26 years$2,232$1,681$1,248$915$665$248
27 years$2,126$1,582$1,159$838$599$214
28 years$2,028$1,491$1,077$768$541$184
29 years$1,937$1,406$1,003$704$488$158
30 years$1,852$1,328$934$646$441$136
31 years$1,773$1,255$871$593$399$117
32 years$1,699$1,188$812$545$361$101
33 years$1,630$1,125$758$501$326$87
34 years$1,564$1,066$709$461$296$75
35 years$1,503$1,011$662$425$268$65
36 years$1,445$960$620$391$243$56
37 years$1,391$912$580$360$220$48
38 years$1,339$866$543$332$199$41
39 years$1,290$824$509$306$181$36
40 years$1,244$784$477$283$164$31
41 years$1,200$746$447$261$149$27
42 years$1,159$711$420$241$135$23
43 years$1,119$677$394$222$122$20
44 years$1,081$645$370$205$111$17
45 years$1,045$615$347$189$101$15
46 years$1,011$587$326$175$92$13
47 years$978$560$306$162$83$11
48 years$947$535$288$149$76$9
49 years$917$511$270$138$69$8
50 years$888$488$254$128$62$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $910,000, adding $3,903 every year, while hoping to spend $24,638 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: 52/43/5 Blend
39$910,000$910,000$910,000$910,000
40$1,006,846$958,616$944,511$1,057,868
41$1,083,330$979,373$949,937$1,113,632
42$1,166,789$1,000,322$954,720$1,171,216
43$1,257,909$1,021,446$958,811$1,233,236
44$1,357,445$1,042,726$962,160$1,300,113
45$1,466,227$1,064,143$964,716$1,372,310
46$1,585,171$1,085,674$966,422$1,450,341
47$1,715,282$1,107,296$967,221$1,534,767
48$1,857,670$1,128,982$967,052$1,626,210
49$2,013,555$1,150,706$965,851$1,725,353
50$2,184,283$1,172,435$963,552$1,832,950
51$2,371,333$1,194,138$960,084$1,949,830
52$2,576,336$1,215,778$955,374$2,076,908
53$2,801,088$1,237,317$949,345$2,215,192
54$3,047,567$1,258,713$941,916$2,365,792
55$3,317,951$1,279,921$933,002$2,529,933
56$3,614,639$1,300,895$922,515$2,708,962
57$3,940,274$1,321,581$910,361$2,904,366
58$4,297,768$1,341,924$896,444$3,117,785
59$4,690,327$1,361,865$880,662$3,351,022
60$5,121,485$1,381,340$862,908$3,606,069
61$5,595,131$1,400,281$843,070$3,885,119
62$6,115,554$1,418,615$821,033$4,190,589
63$6,687,477$1,436,263$796,673$4,525,145
64$7,316,101$1,453,142$769,864$4,891,725
65$8,007,161$1,469,163$740,472$5,293,565
66$8,766,970$1,484,230$708,356$5,734,234
67$9,602,487$1,498,243$673,372$6,217,668
68$10,521,376$1,511,094$635,366$6,748,201
69$11,532,085$1,522,666$594,179$7,330,613
70$12,643,918$1,532,837$549,645$7,970,174
71$13,867,129$1,541,477$501,588$8,672,690
72$15,213,013$1,548,446$449,829$9,444,563
73$16,694,017$1,553,597$394,175$10,292,849
74$18,323,857$1,556,773$334,429$11,225,326
75$20,117,642$1,557,806$270,384$12,250,568
76$22,092,022$1,556,520$201,823$13,378,023
77$24,265,345$1,552,725$128,521$14,618,110
78$26,657,824$1,546,223$50,240$15,982,309
79$29,291,735$1,536,801$0$17,483,277
80$32,191,621$1,524,233$0$19,136,741
81$35,384,528$1,508,282$0$20,959,276
82$38,900,256$1,488,694$0$22,965,162
83$42,771,643$1,465,201$0$25,173,096
84$47,034,874$1,437,520$0$27,603,685
85$51,729,821$1,405,348$0$30,279,641
86$56,900,421$1,368,368$0$33,225,999
87$62,595,087$1,326,241$0$36,470,349
88$68,867,171$1,278,612$0$40,043,102
89$75,775,459$1,225,101$0$43,977,776
90$83,384,734$1,165,309$0$48,311,313
91$91,766,381$1,098,813$0$53,084,428
92$100,999,062$1,025,165$0$58,341,998
93$111,169,461$943,893$0$64,133,480
94$122,373,098$854,495$0$70,513,388
95$134,715,233$756,445$0$77,541,800
96$148,311,859$649,182$0$85,284,934
97$163,290,793$532,117$0$93,815,768
98$179,792,890$404,627$0$103,214,735
99$197,973,363$266,052$0$113,570,483
100$218,003,255$115,698$0$124,980,712