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%13%
1 years$75,230$74,559$73,906$73,268$72,644$71,737
2 years$37,242$36,549$35,877$35,225$34,593$33,679
3 years$24,582$23,885$23,214$22,569$21,947$21,056
4 years$18,252$17,558$16,894$16,260$15,653$14,792
5 years$14,456$13,766$13,111$12,489$11,899$11,070
6 years$11,926$11,241$10,595$9,987$9,415$8,619
7 years$10,119$9,440$8,805$8,211$7,657$6,895
8 years$8,765$8,092$7,467$6,888$6,352$5,623
9 years$7,712$7,045$6,431$5,867$5,350$4,653
10 years$6,870$6,210$5,607$5,058$4,558$3,895
11 years$6,182$5,529$4,936$4,402$3,920$3,289
12 years$5,609$4,962$4,381$3,861$3,397$2,797
13 years$5,125$4,484$3,914$3,409$2,962$2,392
14 years$4,710$4,076$3,517$3,026$2,597$2,057
15 years$4,350$3,724$3,175$2,698$2,286$1,775
16 years$4,036$3,416$2,879$2,416$2,021$1,537
17 years$3,759$3,146$2,620$2,171$1,792$1,335
18 years$3,513$2,907$2,391$1,956$1,593$1,162
19 years$3,294$2,694$2,189$1,768$1,420$1,014
20 years$3,096$2,504$2,009$1,601$1,268$886
21 years$2,918$2,332$1,848$1,453$1,135$776
22 years$2,756$2,177$1,703$1,321$1,017$680
23 years$2,608$2,036$1,573$1,203$913$597
24 years$2,473$1,908$1,454$1,097$821$524
25 years$2,349$1,790$1,347$1,002$739$461
26 years$2,234$1,683$1,249$916$665$406
27 years$2,128$1,584$1,160$839$600$357
28 years$2,030$1,492$1,078$768$541$315
29 years$1,939$1,408$1,004$705$489$277
30 years$1,854$1,329$935$647$442$245
31 years$1,775$1,257$872$594$399$216
32 years$1,701$1,189$813$546$361$191
33 years$1,631$1,126$759$502$327$168
34 years$1,566$1,067$709$462$296$149
35 years$1,505$1,012$663$425$268$131
36 years$1,447$961$620$392$243$116
37 years$1,392$913$581$361$220$102
38 years$1,341$867$544$333$200$91
39 years$1,292$825$509$307$181$80
40 years$1,245$785$478$283$164$71
41 years$1,202$747$448$261$149$63
42 years$1,160$711$420$241$135$55
43 years$1,120$678$394$222$123$49
44 years$1,082$646$370$205$111$43
45 years$1,046$616$347$190$101$38
46 years$1,012$588$326$175$92$34
47 years$979$561$307$162$83$30
48 years$948$535$288$149$76$26
49 years$918$511$271$138$69$23
50 years$889$488$255$128$62$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $911,000, adding $5,255 every year, while hoping to spend $24,486 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: 57/13/30 Blend
39$911,000$911,000$911,000$911,000
40$1,009,343$961,060$946,939$1,058,262
41$1,086,243$982,099$952,609$1,113,540
42$1,170,166$1,003,348$957,647$1,170,777
43$1,261,803$1,024,792$962,008$1,232,677
44$1,361,913$1,046,413$965,642$1,299,701
45$1,471,334$1,068,194$968,498$1,372,355
46$1,590,987$1,090,112$970,519$1,451,199
47$1,721,887$1,112,146$971,650$1,536,849
48$1,865,149$1,134,271$971,831$1,629,985
49$2,022,005$1,156,461$970,997$1,731,356
50$2,193,808$1,178,686$969,085$1,841,789
51$2,382,050$1,200,916$966,023$1,962,194
52$2,588,374$1,223,116$961,739$2,093,577
53$2,814,589$1,245,249$956,158$2,237,045
54$3,062,687$1,267,276$949,199$2,393,821
55$3,334,862$1,289,154$940,779$2,565,249
56$3,633,533$1,310,837$930,809$2,752,817
57$3,961,361$1,332,276$919,199$2,958,160
58$4,321,280$1,353,417$905,852$3,183,085
59$4,716,520$1,374,204$890,668$3,429,581
60$5,150,640$1,394,575$873,541$3,699,844
61$5,627,561$1,414,465$854,360$3,996,293
62$6,151,602$1,433,804$833,011$4,321,596
63$6,727,522$1,452,516$809,373$4,678,694
64$7,360,561$1,470,522$783,319$5,070,830
65$8,056,496$1,487,735$754,717$5,501,579
66$8,821,688$1,504,064$723,430$5,974,882
67$9,663,148$1,519,411$689,313$6,495,084
68$10,588,599$1,533,672$652,215$7,066,977
69$11,606,550$1,546,735$611,978$7,695,840
70$12,726,377$1,558,483$568,438$8,387,496
71$13,958,408$1,568,790$521,421$9,148,362
72$15,314,025$1,577,521$470,749$9,985,514
73$16,805,769$1,584,533$416,232$10,906,752
74$18,447,457$1,589,674$357,675$11,920,673
75$20,254,314$1,592,784$294,873$13,036,754
76$22,243,114$1,593,690$227,612$14,265,444
77$24,432,342$1,592,211$155,667$15,618,258
78$26,842,364$1,588,153$78,805$17,107,892
79$29,495,623$1,581,311$0$18,748,339
80$32,416,848$1,571,467$0$20,556,055
81$35,633,288$1,558,389$0$22,573,998
82$39,174,966$1,541,833$0$24,795,742
83$43,074,969$1,521,539$0$27,242,033
84$47,369,753$1,497,232$0$29,935,733
85$52,099,490$1,468,619$0$32,902,035
86$57,308,449$1,435,392$0$36,168,703
87$63,045,408$1,397,224$0$39,766,331
88$69,364,119$1,353,767$0$43,728,635
89$76,323,813$1,304,656$0$48,092,769
90$83,989,759$1,249,501$0$52,899,679
91$92,433,881$1,187,893$0$58,194,485
92$101,735,434$1,119,396$0$64,026,910
93$111,981,754$1,043,553$0$70,451,751
94$123,269,081$959,875$0$77,529,392
95$135,703,470$867,852$0$85,326,380
96$149,401,786$766,939$0$93,916,047
97$164,492,812$656,562$0$103,379,208
98$181,118,462$536,117$0$113,804,921
99$199,435,121$404,962$0$125,291,330
100$219,615,120$262,422$0$137,946,588