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%12.6%
1 years$75,230$74,559$73,906$73,268$72,644$71,856
2 years$37,242$36,549$35,877$35,225$34,593$33,799
3 years$24,582$23,885$23,214$22,569$21,947$21,172
4 years$18,252$17,558$16,894$16,260$15,653$14,903
5 years$14,456$13,766$13,111$12,489$11,899$11,177
6 years$11,926$11,241$10,595$9,987$9,415$8,721
7 years$10,119$9,440$8,805$8,211$7,657$6,992
8 years$8,765$8,092$7,467$6,888$6,352$5,715
9 years$7,712$7,045$6,431$5,867$5,350$4,741
10 years$6,870$6,210$5,607$5,058$4,558$3,977
11 years$6,182$5,529$4,936$4,402$3,920$3,367
12 years$5,609$4,962$4,381$3,861$3,397$2,871
13 years$5,125$4,484$3,914$3,409$2,962$2,462
14 years$4,710$4,076$3,517$3,026$2,597$2,122
15 years$4,350$3,724$3,175$2,698$2,286$1,836
16 years$4,036$3,416$2,879$2,416$2,021$1,595
17 years$3,759$3,146$2,620$2,171$1,792$1,389
18 years$3,513$2,907$2,391$1,956$1,593$1,213
19 years$3,294$2,694$2,189$1,768$1,420$1,061
20 years$3,096$2,504$2,009$1,601$1,268$930
21 years$2,918$2,332$1,848$1,453$1,135$817
22 years$2,756$2,177$1,703$1,321$1,017$718
23 years$2,608$2,036$1,573$1,203$913$632
24 years$2,473$1,908$1,454$1,097$821$557
25 years$2,349$1,790$1,347$1,002$739$491
26 years$2,234$1,683$1,249$916$665$434
27 years$2,128$1,584$1,160$839$600$383
28 years$2,030$1,492$1,078$768$541$339
29 years$1,939$1,408$1,004$705$489$299
30 years$1,854$1,329$935$647$442$265
31 years$1,775$1,257$872$594$399$235
32 years$1,701$1,189$813$546$361$208
33 years$1,631$1,126$759$502$327$184
34 years$1,566$1,067$709$462$296$163
35 years$1,505$1,012$663$425$268$144
36 years$1,447$961$620$392$243$128
37 years$1,392$913$581$361$220$114
38 years$1,341$867$544$333$200$101
39 years$1,292$825$509$307$181$89
40 years$1,245$785$478$283$164$79
41 years$1,202$747$448$261$149$70
42 years$1,160$711$420$241$135$62
43 years$1,120$678$394$222$123$55
44 years$1,082$646$370$205$111$49
45 years$1,046$616$347$190$101$44
46 years$1,012$588$326$175$92$39
47 years$979$561$307$162$83$34
48 years$948$535$288$149$76$31
49 years$918$511$271$138$69$27
50 years$889$488$255$128$62$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $911,000, adding $4,866 every year, while hoping to spend $36,743 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: 53/24/23 Blend
39$911,000$911,000$911,000$911,000
40$1,008,941$960,658$946,538$1,055,765
41$1,072,759$968,636$939,153$1,096,535
42$1,141,855$975,774$930,288$1,136,672
43$1,216,728$981,991$919,857$1,179,581
44$1,297,928$987,202$907,766$1,225,541
45$1,386,059$991,317$893,918$1,274,858
46$1,481,785$994,240$878,213$1,327,873
47$1,585,837$995,867$860,543$1,384,961
48$1,699,019$996,092$840,798$1,446,538
49$1,822,215$994,797$818,861$1,513,064
50$1,956,400$991,860$794,611$1,585,048
51$2,102,643$987,152$767,921$1,663,053
52$2,262,124$980,533$738,658$1,747,701
53$2,436,139$971,858$706,682$1,839,679
54$2,626,118$960,972$671,848$1,939,748
55$2,833,631$947,709$634,004$2,048,749
56$3,060,410$931,894$592,991$2,167,611
57$3,308,359$913,345$548,644$2,297,360
58$3,579,576$891,863$500,788$2,439,132
59$3,876,371$867,243$449,243$2,594,181
60$4,201,287$839,264$393,818$2,763,891
61$4,557,124$807,694$334,317$2,949,793
62$4,946,967$772,287$270,533$3,153,577
63$5,374,212$732,783$202,251$3,377,111
64$5,842,600$688,908$129,244$3,622,456
65$6,356,250$640,369$51,278$3,891,890
66$6,919,700$586,859$0$4,187,928
67$7,537,947$528,054$0$4,521,181
68$8,216,498$463,609$0$4,900,818
69$8,961,417$393,161$0$5,317,691
70$9,779,382$316,327$0$5,775,606
71$10,677,752$232,700$0$6,278,758
72$11,664,634$141,853$0$6,831,772
73$12,748,956$43,334$0$7,439,749
74$13,940,558$0$0$8,108,315
75$15,250,275$0$0$8,860,399
76$16,690,049$0$0$9,699,844
77$18,273,034$0$0$10,622,885
78$20,013,722$0$0$11,637,987
79$21,928,081$0$0$12,754,474
80$24,033,702$0$0$13,982,618
81$26,349,969$0$0$15,333,740
82$28,898,238$0$0$16,820,311
83$31,702,038$0$0$18,456,071
84$34,787,295$0$0$20,256,162
85$38,182,575$0$0$22,237,266
86$41,919,353$0$0$24,417,764
87$46,032,311$0$0$26,817,910
88$50,559,662$0$0$29,460,021
89$55,543,512$0$0$32,368,688
90$61,030,258$0$0$35,571,007
91$67,071,023$0$0$39,096,835
92$73,722,141$0$0$42,979,072
93$81,045,683$0$0$47,253,969
94$89,110,049$0$0$51,961,473
95$97,990,608$0$0$57,145,602
96$107,770,411$0$0$62,854,860
97$118,540,974$0$0$69,142,695
98$130,403,141$0$0$76,068,003
99$143,468,035$0$0$83,695,684
100$157,858,106$0$0$92,097,255