Can I retire at age 40 with 914,000?

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 $914,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$75,477$74,805$74,149$73,509$72,884$71,794
2 years$37,365$36,669$35,995$35,341$34,706$33,612
3 years$24,663$23,964$23,291$22,643$22,019$20,953
4 years$18,313$17,616$16,950$16,313$15,704$14,674
5 years$14,504$13,811$13,154$12,530$11,938$10,948
6 years$11,965$11,278$10,630$10,020$9,446$8,497
7 years$10,153$9,471$8,834$8,238$7,682$6,774
8 years$8,794$8,118$7,492$6,911$6,373$5,506
9 years$7,738$7,069$6,453$5,887$5,367$4,540
10 years$6,893$6,231$5,626$5,074$4,573$3,786
11 years$6,203$5,547$4,953$4,416$3,933$3,185
12 years$5,628$4,978$4,395$3,874$3,408$2,698
13 years$5,141$4,499$3,927$3,420$2,972$2,299
14 years$4,725$4,090$3,528$3,036$2,605$1,968
15 years$4,365$3,736$3,186$2,707$2,294$1,692
16 years$4,049$3,428$2,888$2,424$2,027$1,459
17 years$3,772$3,157$2,628$2,178$1,798$1,262
18 years$3,525$2,917$2,399$1,963$1,598$1,094
19 years$3,305$2,703$2,196$1,774$1,425$950
20 years$3,106$2,512$2,016$1,606$1,273$827
21 years$2,927$2,340$1,854$1,458$1,139$720
22 years$2,765$2,184$1,709$1,326$1,021$629
23 years$2,617$2,043$1,578$1,207$916$549
24 years$2,481$1,914$1,459$1,101$824$480
25 years$2,356$1,796$1,351$1,006$741$420
26 years$2,242$1,688$1,253$919$668$368
27 years$2,135$1,589$1,164$842$602$322
28 years$2,037$1,497$1,082$771$543$283
29 years$1,946$1,412$1,007$707$490$248
30 years$1,861$1,334$938$649$443$218
31 years$1,781$1,261$874$596$401$191
32 years$1,707$1,193$816$548$362$168
33 years$1,637$1,130$762$504$328$147
34 years$1,571$1,071$712$463$297$130
35 years$1,510$1,016$665$427$269$114
36 years$1,452$964$622$393$244$100
37 years$1,397$916$583$362$221$88
38 years$1,345$870$546$334$200$77
39 years$1,296$827$511$308$182$68
40 years$1,250$787$479$284$165$60
41 years$1,206$749$449$262$149$53
42 years$1,164$714$421$242$136$46
43 years$1,124$680$395$223$123$41
44 years$1,086$648$371$206$112$36
45 years$1,050$618$349$190$101$32
46 years$1,015$590$327$176$92$28
47 years$983$563$308$162$84$24
48 years$951$537$289$150$76$21
49 years$921$513$272$139$69$19
50 years$892$490$255$128$63$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $914,000, adding $2,721 every year, while hoping to spend $43,340 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: 44/31/25 Blend
39$914,000$914,000$914,000$914,000
40$1,010,035$961,593$947,426$1,047,045
41$1,066,945$962,597$933,051$1,074,601
42$1,128,207$962,199$916,742$1,100,061
43$1,194,220$960,282$898,389$1,126,807
44$1,265,421$956,726$877,875$1,154,980
45$1,342,289$951,401$855,080$1,184,740
46$1,425,354$944,172$829,876$1,216,266
47$1,515,196$934,891$802,133$1,249,758
48$1,612,452$923,407$771,710$1,285,440
49$1,717,822$909,554$738,463$1,323,561
50$1,832,080$893,162$702,240$1,364,400
51$1,956,071$874,046$662,884$1,408,267
52$2,090,728$852,012$620,229$1,455,509
53$2,237,077$826,856$574,102$1,506,512
54$2,396,247$798,359$524,322$1,561,706
55$2,569,478$766,293$470,700$1,621,569
56$2,758,136$730,412$413,040$1,686,633
57$2,963,724$690,461$351,135$1,757,490
58$3,187,896$646,166$284,771$1,834,799
59$3,432,473$597,239$213,722$1,919,290
60$3,699,458$543,377$137,755$2,011,776
61$3,991,057$484,257$56,624$2,113,158
62$4,309,698$419,539$0$2,224,438
63$4,658,055$348,863$0$2,354,717
64$5,039,070$271,851$0$2,513,874
65$5,455,984$188,101$0$2,688,229
66$5,912,366$97,189$0$2,879,376
67$6,412,144$0$0$3,089,071
68$6,959,647$0$0$3,319,715
69$7,559,639$0$0$3,608,910
70$8,217,369$0$0$3,926,047
71$8,938,616$0$0$4,273,926
72$9,729,748$0$0$4,655,633
73$10,597,776$0$0$5,074,565
74$11,550,424$0$0$5,534,467
75$12,596,199$0$0$6,039,460
76$13,744,475$0$0$6,594,088
77$15,005,573$0$0$7,203,354
78$16,390,867$0$0$7,872,770
79$17,912,885$0$0$8,608,409
80$19,585,429$0$0$9,416,960
81$21,423,703$0$0$10,305,794
82$23,444,458$0$0$11,283,031
83$25,666,150$0$0$12,357,617
84$28,109,111$0$0$13,539,407
85$30,795,742$0$0$14,839,261
86$33,750,723$0$0$16,269,144
87$37,001,248$0$0$17,842,237
88$40,577,277$0$0$19,573,066
89$44,511,821$0$0$21,477,633
90$48,841,251$0$0$23,573,571
91$53,605,644$0$0$25,880,310
92$58,849,156$0$0$28,419,256
93$64,620,442$0$0$31,213,999
94$70,973,113$0$0$34,290,528
95$77,966,240$0$0$37,677,484
96$85,664,912$0$0$41,406,422
97$94,140,852$0$0$45,512,116
98$103,473,089$0$0$50,032,882
99$113,748,704$0$0$55,010,939
100$125,063,655$0$0$60,492,811