Can I retire at age 40 with 913,000?

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 $913,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$75,395$74,723$74,068$73,428$72,804$70,473
2 years$37,324$36,629$35,955$35,302$34,669$32,342
3 years$24,636$23,937$23,265$22,618$21,995$19,746
4 years$18,293$17,597$16,931$16,295$15,687$13,532
5 years$14,488$13,796$13,139$12,516$11,925$9,870
6 years$11,952$11,265$10,619$10,009$9,436$7,483
7 years$10,141$9,461$8,824$8,229$7,674$5,822
8 years$8,784$8,110$7,484$6,903$6,366$4,615
9 years$7,729$7,061$6,446$5,880$5,361$3,708
10 years$6,886$6,224$5,619$5,069$4,568$3,011
11 years$6,196$5,541$4,947$4,411$3,929$2,464
12 years$5,621$4,973$4,391$3,869$3,405$2,030
13 years$5,136$4,494$3,923$3,416$2,969$1,681
14 years$4,720$4,085$3,525$3,032$2,602$1,397
15 years$4,360$3,732$3,182$2,704$2,291$1,166
16 years$4,045$3,424$2,885$2,421$2,025$975
17 years$3,767$3,153$2,625$2,176$1,796$817
18 years$3,521$2,914$2,397$1,961$1,597$687
19 years$3,301$2,700$2,194$1,772$1,423$578
20 years$3,103$2,509$2,014$1,605$1,271$486
21 years$2,924$2,337$1,852$1,456$1,138$410
22 years$2,762$2,182$1,707$1,324$1,020$346
23 years$2,614$2,041$1,576$1,206$915$292
24 years$2,478$1,912$1,458$1,100$823$247
25 years$2,354$1,794$1,350$1,004$740$209
26 years$2,239$1,686$1,252$918$667$177
27 years$2,133$1,587$1,163$841$601$150
28 years$2,035$1,495$1,081$770$542$127
29 years$1,944$1,411$1,006$706$490$107
30 years$1,858$1,332$937$648$443$91
31 years$1,779$1,259$873$595$400$77
32 years$1,705$1,192$815$547$362$65
33 years$1,635$1,129$761$503$328$55
34 years$1,570$1,070$711$463$297$47
35 years$1,508$1,015$665$426$269$40
36 years$1,450$963$622$392$243$34
37 years$1,395$915$582$362$221$29
38 years$1,344$869$545$333$200$24
39 years$1,295$826$511$307$181$21
40 years$1,248$786$479$283$164$17
41 years$1,204$749$449$262$149$15
42 years$1,162$713$421$241$135$13
43 years$1,123$679$395$223$123$11
44 years$1,085$647$371$206$112$9
45 years$1,049$617$348$190$101$8
46 years$1,014$589$327$175$92$6
47 years$981$562$307$162$83$5
48 years$950$537$289$150$76$5
49 years$920$512$271$138$69$4
50 years$891$489$255$128$63$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $913,000, adding $2,687 every year, while hoping to spend $20,505 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: 34/36/30 Blend
39$913,000$913,000$913,000$913,000
40$1,008,898$960,509$946,357$1,033,985
41$1,089,988$985,756$956,243$1,078,502
42$1,178,662$1,011,554$965,773$1,124,466
43$1,275,673$1,037,907$974,913$1,173,644
44$1,381,847$1,064,820$983,628$1,226,336
45$1,498,096$1,092,297$991,881$1,282,875
46$1,625,425$1,120,343$999,632$1,343,626
47$1,764,940$1,148,961$1,006,840$1,408,991
48$1,917,856$1,178,153$1,013,462$1,479,415
49$2,085,517$1,207,921$1,019,452$1,555,386
50$2,269,398$1,238,267$1,024,762$1,637,444
51$2,471,126$1,269,192$1,029,342$1,726,182
52$2,692,493$1,300,695$1,033,137$1,822,256
53$2,935,474$1,332,775$1,036,093$1,926,388
54$3,202,241$1,365,430$1,038,151$2,039,372
55$3,495,190$1,398,657$1,039,250$2,162,086
56$3,816,959$1,432,450$1,039,324$2,295,498
57$4,170,454$1,466,806$1,038,306$2,440,672
58$4,558,876$1,501,715$1,036,126$2,598,784
59$4,985,754$1,537,171$1,032,708$2,771,129
60$5,454,971$1,573,164$1,027,975$2,959,135
61$5,970,811$1,609,681$1,021,844$3,164,376
62$6,537,987$1,646,709$1,014,230$3,388,588
63$7,161,698$1,684,234$1,005,043$3,633,685
64$7,847,668$1,722,238$994,188$3,901,775
65$8,602,204$1,760,701$981,567$4,195,184
66$9,432,256$1,799,603$967,077$4,516,476
67$10,345,481$1,838,919$950,609$4,868,478
68$11,350,315$1,878,621$932,050$5,254,305
69$12,456,056$1,918,682$911,282$5,677,391
70$13,672,943$1,959,067$888,180$6,141,526
71$15,012,265$1,999,742$862,615$6,650,882
72$16,486,454$2,040,668$834,451$7,210,063
73$18,109,213$2,081,802$803,546$7,824,142
74$19,895,640$2,123,097$769,751$8,498,713
75$21,862,369$2,164,503$732,912$9,239,941
76$24,027,733$2,205,965$692,866$10,054,624
77$26,411,928$2,247,424$649,444$10,950,255
78$29,037,213$2,288,816$602,469$11,935,094
79$31,928,111$2,330,071$551,754$13,018,246
80$35,111,648$2,371,114$497,107$14,209,749
81$38,617,602$2,411,864$438,326$15,520,668
82$42,478,787$2,452,236$375,200$16,963,198
83$46,731,362$2,492,134$307,508$18,550,785
84$51,415,172$2,531,459$235,020$20,298,248
85$56,574,122$2,570,103$157,496$22,221,924
86$62,256,595$2,607,951$74,685$24,339,817
87$68,515,905$2,644,878$0$26,671,778
88$75,410,804$2,680,753$0$29,244,066
89$83,006,029$2,715,433$0$32,102,210
90$91,372,922$2,748,768$0$35,248,952
91$100,590,097$2,780,594$0$38,713,684
92$110,744,183$2,810,740$0$42,528,799
93$121,930,644$2,839,020$0$46,729,994
94$134,254,677$2,865,239$0$51,356,610
95$147,832,205$2,889,187$0$56,452,001
96$162,790,972$2,910,639$0$62,063,945
97$179,271,750$2,929,360$0$68,245,095
98$197,429,665$2,945,094$0$75,053,478
99$217,435,661$2,957,574$0$82,553,040
100$239,478,116$2,966,513$0$90,814,254