Can I retire at age 40 with 911,000?

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 $911,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$75,230$74,559$73,906$73,268$72,644$71,826
2 years$37,242$36,549$35,877$35,225$34,593$33,769
3 years$24,582$23,885$23,214$22,569$21,947$21,143
4 years$18,252$17,558$16,894$16,260$15,653$14,875
5 years$14,456$13,766$13,111$12,489$11,899$11,150
6 years$11,926$11,241$10,595$9,987$9,415$8,696
7 years$10,119$9,440$8,805$8,211$7,657$6,967
8 years$8,765$8,092$7,467$6,888$6,352$5,692
9 years$7,712$7,045$6,431$5,867$5,350$4,719
10 years$6,870$6,210$5,607$5,058$4,558$3,957
11 years$6,182$5,529$4,936$4,402$3,920$3,347
12 years$5,609$4,962$4,381$3,861$3,397$2,852
13 years$5,125$4,484$3,914$3,409$2,962$2,444
14 years$4,710$4,076$3,517$3,026$2,597$2,105
15 years$4,350$3,724$3,175$2,698$2,286$1,821
16 years$4,036$3,416$2,879$2,416$2,021$1,580
17 years$3,759$3,146$2,620$2,171$1,792$1,375
18 years$3,513$2,907$2,391$1,956$1,593$1,200
19 years$3,294$2,694$2,189$1,768$1,420$1,049
20 years$3,096$2,504$2,009$1,601$1,268$919
21 years$2,918$2,332$1,848$1,453$1,135$806
22 years$2,756$2,177$1,703$1,321$1,017$708
23 years$2,608$2,036$1,573$1,203$913$623
24 years$2,473$1,908$1,454$1,097$821$549
25 years$2,349$1,790$1,347$1,002$739$484
26 years$2,234$1,683$1,249$916$665$426
27 years$2,128$1,584$1,160$839$600$376
28 years$2,030$1,492$1,078$768$541$332
29 years$1,939$1,408$1,004$705$489$294
30 years$1,854$1,329$935$647$442$260
31 years$1,775$1,257$872$594$399$230
32 years$1,701$1,189$813$546$361$203
33 years$1,631$1,126$759$502$327$180
34 years$1,566$1,067$709$462$296$159
35 years$1,505$1,012$663$425$268$141
36 years$1,447$961$620$392$243$125
37 years$1,392$913$581$361$220$111
38 years$1,341$867$544$333$200$98
39 years$1,292$825$509$307$181$87
40 years$1,245$785$478$283$164$77
41 years$1,202$747$448$261$149$68
42 years$1,160$711$420$241$135$61
43 years$1,120$678$394$222$123$54
44 years$1,082$646$370$205$111$48
45 years$1,046$616$347$190$101$42
46 years$1,012$588$326$175$92$37
47 years$979$561$307$162$83$33
48 years$948$535$288$149$76$29
49 years$918$511$271$138$69$26
50 years$889$488$255$128$62$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $911,000, adding $2,200 every year, while hoping to spend $50,765 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: 60/27/13 Blend
39$911,000$911,000$911,000$911,000
40$1,006,191$957,908$943,788$1,063,226
41$1,054,809$950,832$921,391$1,094,793
42$1,106,685$941,708$896,543$1,123,304
43$1,162,097$930,382$869,107$1,153,187
44$1,221,350$916,690$838,942$1,184,577
45$1,284,780$900,460$805,899$1,217,628
46$1,352,754$881,509$769,822$1,252,509
47$1,425,674$859,642$730,551$1,289,411
48$1,503,983$834,655$687,914$1,328,545
49$1,588,165$806,329$641,735$1,370,146
50$1,678,754$774,434$591,829$1,414,476
51$1,776,333$738,728$538,001$1,461,827
52$1,881,545$698,952$480,050$1,512,524
53$1,995,095$654,833$417,765$1,566,928
54$2,117,759$606,084$350,925$1,625,441
55$2,250,389$552,401$279,299$1,688,508
56$2,393,920$493,460$202,647$1,756,625
57$2,549,382$428,921$120,718$1,830,343
58$2,717,907$358,426$33,249$1,910,274
59$2,900,738$281,594$0$1,997,095
60$3,099,245$198,024$0$2,099,896
61$3,314,932$107,291$0$2,216,640
62$3,549,456$8,949$0$2,343,678
63$3,804,638$0$0$2,482,080
64$4,082,482$0$0$2,661,992
65$4,385,194$0$0$2,860,969
66$4,715,201$0$0$3,077,956
67$5,075,175$0$0$3,314,719
68$5,468,055$0$0$3,573,200
69$5,897,078$0$0$3,855,538
70$6,365,807$0$0$4,164,088
71$6,878,163$0$0$4,501,441
72$7,438,466$0$0$4,870,452
73$8,051,470$0$0$5,274,262
74$8,722,410$0$0$5,716,333
75$9,457,052$0$0$6,200,473
76$10,261,742$0$0$6,730,880
77$11,143,474$0$0$7,312,174
78$12,109,945$0$0$7,949,445
79$13,169,637$0$0$8,648,297
80$14,331,888$0$0$9,414,904
81$15,606,986$0$0$10,256,066
82$17,006,260$0$0$11,179,274
83$18,542,193$0$0$12,192,776
84$20,228,532$0$0$13,305,663
85$22,080,420$0$0$14,527,944
86$24,114,542$0$0$15,870,649
87$26,349,275$0$0$17,345,927
88$28,804,864$0$0$18,967,162
89$31,503,614$0$0$20,749,099
90$34,470,097$0$0$22,707,984
91$37,731,385$0$0$24,861,712
92$41,317,302$0$0$27,230,003
93$45,260,709$0$0$29,834,580
94$49,597,807$0$0$32,699,377
95$54,368,485$0$0$35,850,767
96$59,616,692$0$0$39,317,804
97$65,390,848$0$0$43,132,503
98$71,744,305$0$0$47,330,135
99$78,735,848$0$0$51,949,566
100$86,430,247$0$0$57,033,620