Can I retire at age 40 with 911,000?

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 $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%15.1%
1 years$75,230$74,559$73,906$73,268$72,644$71,120
2 years$37,242$36,549$35,877$35,225$34,593$33,063
3 years$24,582$23,885$23,214$22,569$21,947$20,461
4 years$18,252$17,558$16,894$16,260$15,653$14,222
5 years$14,456$13,766$13,111$12,489$11,899$10,527
6 years$11,926$11,241$10,595$9,987$9,415$8,104
7 years$10,119$9,440$8,805$8,211$7,657$6,407
8 years$8,765$8,092$7,467$6,888$6,352$5,162
9 years$7,712$7,045$6,431$5,867$5,350$4,219
10 years$6,870$6,210$5,607$5,058$4,558$3,486
11 years$6,182$5,529$4,936$4,402$3,920$2,905
12 years$5,609$4,962$4,381$3,861$3,397$2,437
13 years$5,125$4,484$3,914$3,409$2,962$2,056
14 years$4,710$4,076$3,517$3,026$2,597$1,743
15 years$4,350$3,724$3,175$2,698$2,286$1,483
16 years$4,036$3,416$2,879$2,416$2,021$1,265
17 years$3,759$3,146$2,620$2,171$1,792$1,082
18 years$3,513$2,907$2,391$1,956$1,593$928
19 years$3,294$2,694$2,189$1,768$1,420$797
20 years$3,096$2,504$2,009$1,601$1,268$686
21 years$2,918$2,332$1,848$1,453$1,135$591
22 years$2,756$2,177$1,703$1,321$1,017$510
23 years$2,608$2,036$1,573$1,203$913$440
24 years$2,473$1,908$1,454$1,097$821$380
25 years$2,349$1,790$1,347$1,002$739$329
26 years$2,234$1,683$1,249$916$665$285
27 years$2,128$1,584$1,160$839$600$246
28 years$2,030$1,492$1,078$768$541$214
29 years$1,939$1,408$1,004$705$489$185
30 years$1,854$1,329$935$647$442$160
31 years$1,775$1,257$872$594$399$139
32 years$1,701$1,189$813$546$361$121
33 years$1,631$1,126$759$502$327$105
34 years$1,566$1,067$709$462$296$91
35 years$1,505$1,012$663$425$268$79
36 years$1,447$961$620$392$243$68
37 years$1,392$913$581$361$220$59
38 years$1,341$867$544$333$200$52
39 years$1,292$825$509$307$181$45
40 years$1,245$785$478$283$164$39
41 years$1,202$747$448$261$149$34
42 years$1,160$711$420$241$135$29
43 years$1,120$678$394$222$123$25
44 years$1,082$646$370$205$111$22
45 years$1,046$616$347$190$101$19
46 years$1,012$588$326$175$92$17
47 years$979$561$307$162$83$14
48 years$948$535$288$149$76$13
49 years$918$511$271$138$69$11
50 years$889$488$255$128$62$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $911,000, adding $6,026 every year, while hoping to spend $47,230 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: 70/10/20 Blend
39$911,000$911,000$911,000$911,000
40$1,010,138$961,855$947,734$1,075,500
41$1,062,920$958,733$929,231$1,116,750
42$1,119,502$953,876$908,525$1,155,740
43$1,180,223$947,148$885,492$1,197,249
44$1,245,453$938,406$860,004$1,241,522
45$1,315,600$927,498$831,925$1,288,829
46$1,391,110$914,264$801,112$1,339,469
47$1,472,473$898,532$767,419$1,393,771
48$1,560,228$880,124$730,691$1,452,101
49$1,654,968$858,846$690,766$1,514,862
50$1,757,342$834,497$647,474$1,582,499
51$1,868,066$806,863$600,639$1,655,506
52$1,987,925$775,715$550,077$1,734,426
53$2,117,784$740,815$495,595$1,819,861
54$2,258,591$701,909$436,991$1,912,475
55$2,411,391$658,726$374,054$2,013,003
56$2,577,334$610,985$306,566$2,122,256
57$2,757,682$558,383$234,296$2,241,130
58$2,953,826$500,604$157,005$2,370,614
59$3,167,294$437,312$74,442$2,511,801
60$3,399,770$368,152$0$2,665,898
61$3,653,105$292,749$0$2,837,155
62$3,929,336$210,709$0$3,041,270
63$4,230,707$121,612$0$3,264,026
64$4,559,686$25,018$0$3,507,280
65$4,918,990$0$0$3,773,080
66$5,311,612$0$0$4,072,433
67$5,740,843$0$0$4,402,757
68$6,210,311$0$0$4,764,094
69$6,724,007$0$0$5,159,523
70$7,286,329$0$0$5,592,435
71$7,902,115$0$0$6,066,564
72$8,576,699$0$0$6,586,020
73$9,315,949$0$0$7,155,331
74$10,126,333$0$0$7,779,485
75$11,014,971$0$0$8,463,973
76$11,989,706$0$0$9,214,845
77$13,059,177$0$0$10,038,764
78$14,232,899$0$0$10,943,068
79$15,521,355$0$0$11,935,843
80$16,936,089$0$0$13,025,992
81$18,489,819$0$0$14,223,327
82$20,196,557$0$0$15,538,654
83$22,071,737$0$0$16,983,877
84$24,132,362$0$0$18,572,112
85$26,397,164$0$0$20,317,807
86$28,886,779$0$0$22,236,880
87$31,623,944$0$0$24,346,868
88$34,633,707$0$0$26,667,092
89$37,943,666$0$0$29,218,840
90$41,584,227$0$0$32,025,565
91$45,588,889$0$0$35,113,107
92$49,994,564$0$0$38,509,938
93$54,841,919$0$0$42,247,428
94$60,175,763$0$0$46,360,140
95$66,045,469$0$0$50,886,159
96$72,505,435$0$0$55,867,445
97$79,615,603$0$0$61,350,237
98$87,442,018$0$0$67,385,478
99$96,057,455$0$0$74,029,307
100$105,542,101$0$0$81,343,576