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%15.4%
1 years$75,230$74,559$73,906$73,268$72,644$71,033
2 years$37,242$36,549$35,877$35,225$34,593$32,977
3 years$24,582$23,885$23,214$22,569$21,947$20,378
4 years$18,252$17,558$16,894$16,260$15,653$14,143
5 years$14,456$13,766$13,111$12,489$11,899$10,452
6 years$11,926$11,241$10,595$9,987$9,415$8,033
7 years$10,119$9,440$8,805$8,211$7,657$6,340
8 years$8,765$8,092$7,467$6,888$6,352$5,099
9 years$7,712$7,045$6,431$5,867$5,350$4,160
10 years$6,870$6,210$5,607$5,058$4,558$3,431
11 years$6,182$5,529$4,936$4,402$3,920$2,854
12 years$5,609$4,962$4,381$3,861$3,397$2,390
13 years$5,125$4,484$3,914$3,409$2,962$2,012
14 years$4,710$4,076$3,517$3,026$2,597$1,702
15 years$4,350$3,724$3,175$2,698$2,286$1,445
16 years$4,036$3,416$2,879$2,416$2,021$1,230
17 years$3,759$3,146$2,620$2,171$1,792$1,050
18 years$3,513$2,907$2,391$1,956$1,593$899
19 years$3,294$2,694$2,189$1,768$1,420$770
20 years$3,096$2,504$2,009$1,601$1,268$661
21 years$2,918$2,332$1,848$1,453$1,135$568
22 years$2,756$2,177$1,703$1,321$1,017$489
23 years$2,608$2,036$1,573$1,203$913$421
24 years$2,473$1,908$1,454$1,097$821$363
25 years$2,349$1,790$1,347$1,002$739$313
26 years$2,234$1,683$1,249$916$665$271
27 years$2,128$1,584$1,160$839$600$234
28 years$2,030$1,492$1,078$768$541$202
29 years$1,939$1,408$1,004$705$489$175
30 years$1,854$1,329$935$647$442$151
31 years$1,775$1,257$872$594$399$131
32 years$1,701$1,189$813$546$361$113
33 years$1,631$1,126$759$502$327$98
34 years$1,566$1,067$709$462$296$85
35 years$1,505$1,012$663$425$268$73
36 years$1,447$961$620$392$243$63
37 years$1,392$913$581$361$220$55
38 years$1,341$867$544$333$200$48
39 years$1,292$825$509$307$181$41
40 years$1,245$785$478$283$164$36
41 years$1,202$747$448$261$149$31
42 years$1,160$711$420$241$135$27
43 years$1,120$678$394$222$123$23
44 years$1,082$646$370$205$111$20
45 years$1,046$616$347$190$101$17
46 years$1,012$588$326$175$92$15
47 years$979$561$307$162$83$13
48 years$948$535$288$149$76$11
49 years$918$511$271$138$69$10
50 years$889$488$255$128$62$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $911,000, adding $4,238 every year, while hoping to spend $34,378 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: 51/35/14 Blend
39$911,000$911,000$911,000$911,000
40$1,008,293$960,010$945,890$1,055,687
41$1,074,562$970,473$940,999$1,099,089
42$1,146,437$980,296$934,793$1,142,278
43$1,224,455$989,412$927,190$1,188,460
44$1,309,204$997,749$918,106$1,237,928
45$1,401,334$1,005,229$907,453$1,291,006
46$1,501,557$1,011,772$895,140$1,348,049
47$1,610,656$1,017,290$881,068$1,409,455
48$1,729,497$1,021,690$865,137$1,475,659
49$1,859,027$1,024,875$847,240$1,547,143
50$2,000,292$1,026,738$827,268$1,624,440
51$2,154,444$1,027,170$805,103$1,708,141
52$2,322,748$1,026,052$780,625$1,798,894
53$2,506,598$1,023,259$753,705$1,897,421
54$2,707,529$1,018,656$724,213$2,004,515
55$2,927,231$1,012,104$692,008$2,121,054
56$3,167,564$1,003,453$656,945$2,248,007
57$3,430,576$992,542$618,873$2,386,446
58$3,718,522$979,205$577,633$2,537,554
59$4,033,887$963,262$533,060$2,702,637
60$4,379,406$944,524$484,980$2,883,138
61$4,758,091$922,790$433,211$3,080,650
62$5,173,259$897,850$377,567$3,296,932
63$5,628,564$869,477$317,848$3,533,928
64$6,128,030$837,435$253,849$3,793,783
65$6,676,091$801,471$185,355$4,078,863
66$7,277,629$761,319$112,141$4,391,783
67$7,938,022$716,698$33,972$4,735,429
68$8,663,194$667,311$0$5,112,986
69$9,459,671$612,841$0$5,535,355
70$10,334,644$552,956$0$6,004,926
71$11,296,032$487,305$0$6,520,940
72$12,352,559$415,515$0$7,088,165
73$13,513,839$337,194$0$7,711,859
74$14,790,461$251,927$0$8,397,820
75$16,194,092$159,275$0$9,152,444
76$17,737,586$58,776$0$9,982,786
77$19,435,104$0$0$10,896,625
78$21,302,251$0$0$11,921,821
79$23,356,217$0$0$13,074,601
80$25,615,943$0$0$14,342,972
81$28,102,299$0$0$15,738,662
82$30,838,279$0$0$17,274,593
83$33,849,220$0$0$18,965,003
84$37,163,038$0$0$20,825,578
85$40,810,494$0$0$22,873,606
86$44,825,480$0$0$25,128,133
87$49,245,343$0$0$27,610,147
88$54,111,232$0$0$30,342,773
89$59,468,493$0$0$33,351,493
90$65,367,089$0$0$36,664,385
91$71,862,075$0$0$40,312,391
92$79,014,118$0$0$44,329,603
93$86,890,065$0$0$48,753,588
94$95,563,579$0$0$53,625,745
95$105,115,829$0$0$58,991,689
96$115,636,258$0$0$64,901,687
97$127,223,428$0$0$71,411,130
98$139,985,946$0$0$78,581,055
99$154,043,491$0$0$86,478,720
100$169,527,943$0$0$95,178,242