Can I retire at age 40 with 918,000?

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 $918,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$75,808$75,132$74,474$73,830$73,203$70,521
2 years$37,529$36,830$36,152$35,495$34,858$32,187
3 years$24,770$24,069$23,393$22,742$22,116$19,538
4 years$18,393$17,693$17,024$16,385$15,773$13,309
5 years$14,567$13,871$13,211$12,585$11,990$9,646
6 years$12,017$11,327$10,677$10,064$9,488$7,265
7 years$10,197$9,512$8,872$8,274$7,716$5,614
8 years$8,832$8,154$7,525$6,941$6,401$4,418
9 years$7,771$7,099$6,481$5,912$5,391$3,524
10 years$6,923$6,258$5,650$5,096$4,593$2,840
11 years$6,230$5,571$4,974$4,435$3,950$2,307
12 years$5,652$5,000$4,415$3,890$3,423$1,885
13 years$5,164$4,519$3,944$3,435$2,985$1,548
14 years$4,746$4,107$3,544$3,049$2,617$1,276
15 years$4,384$3,752$3,200$2,719$2,304$1,055
16 years$4,067$3,443$2,901$2,435$2,036$875
17 years$3,788$3,170$2,640$2,188$1,805$727
18 years$3,540$2,930$2,410$1,971$1,605$605
19 years$3,319$2,715$2,206$1,781$1,431$505
20 years$3,120$2,523$2,025$1,613$1,278$421
21 years$2,940$2,350$1,862$1,464$1,144$352
22 years$2,777$2,194$1,716$1,331$1,025$294
23 years$2,628$2,052$1,585$1,212$920$246
24 years$2,492$1,922$1,466$1,106$827$206
25 years$2,367$1,804$1,357$1,010$744$173
26 years$2,251$1,696$1,259$923$670$145
27 years$2,145$1,596$1,169$845$604$121
28 years$2,046$1,504$1,087$774$545$102
29 years$1,954$1,418$1,011$710$493$85
30 years$1,869$1,340$942$652$445$71
31 years$1,789$1,266$878$599$402$60
32 years$1,714$1,198$819$550$364$50
33 years$1,644$1,135$765$506$329$42
34 years$1,578$1,076$715$465$298$35
35 years$1,516$1,020$668$428$270$30
36 years$1,458$968$625$395$245$25
37 years$1,403$920$585$364$222$21
38 years$1,351$874$548$335$201$18
39 years$1,302$831$513$309$182$15
40 years$1,255$791$481$285$165$12
41 years$1,211$753$451$263$150$10
42 years$1,169$717$423$243$136$9
43 years$1,129$683$397$224$124$7
44 years$1,091$651$373$207$112$6
45 years$1,054$621$350$191$102$5
46 years$1,020$592$329$176$92$4
47 years$987$565$309$163$84$4
48 years$955$539$290$151$76$3
49 years$925$515$273$139$69$3
50 years$896$492$257$129$63$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $918,000, adding $2,879 every year, while hoping to spend $33,922 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: 52/22/26 Blend
39$918,000$918,000$918,000$918,000
40$1,014,606$965,952$951,723$1,059,854
41$1,082,003$977,191$947,513$1,102,771
42$1,155,137$987,843$942,025$1,145,746
43$1,234,559$997,845$935,180$1,191,812
44$1,320,872$1,007,128$926,897$1,241,277
45$1,414,741$1,015,617$917,088$1,294,481
46$1,516,898$1,023,235$905,663$1,351,803
47$1,628,147$1,029,899$892,528$1,413,658
48$1,749,373$1,035,520$877,584$1,480,506
49$1,881,553$1,040,004$860,726$1,552,858
50$2,025,758$1,043,251$841,847$1,631,275
51$2,183,168$1,045,153$820,832$1,716,379
52$2,355,084$1,045,599$797,563$1,808,856
53$2,542,937$1,044,467$771,915$1,909,466
54$2,748,301$1,041,630$743,759$2,019,047
55$2,972,910$1,036,953$712,958$2,138,525
56$3,218,675$1,030,291$679,369$2,268,922
57$3,487,697$1,021,493$642,846$2,411,369
58$3,782,292$1,010,396$603,231$2,567,113
59$4,105,010$996,829$560,363$2,737,533
60$4,458,657$980,610$514,072$2,924,150
61$4,846,328$961,548$464,181$3,128,643
62$5,271,427$939,437$410,504$3,352,869
63$5,737,705$914,062$352,848$3,598,875
64$6,249,294$885,194$291,012$3,868,921
65$6,810,745$852,592$224,784$4,165,503
66$7,427,071$815,999$153,944$4,491,375
67$8,103,793$775,144$78,263$4,849,578
68$8,846,995$729,740$0$5,243,467
69$9,663,376$679,486$0$5,677,439
70$10,560,320$624,059$0$6,178,101
71$11,545,956$563,122$0$6,728,299
72$12,629,245$496,317$0$7,333,083
73$13,820,056$423,264$0$7,998,023
74$15,129,262$343,564$0$8,729,256
75$16,568,843$256,796$0$9,533,548
76$18,151,998$162,512$0$10,418,360
77$19,893,269$60,242$0$11,391,916
78$21,808,677$0$0$12,463,280
79$23,915,875$0$0$13,654,676
80$26,234,312$0$0$14,981,656
81$28,785,419$0$0$16,441,915
82$31,592,809$0$0$18,048,983
83$34,682,497$0$0$19,817,767
84$38,083,150$0$0$21,764,692
85$41,826,356$0$0$23,907,856
86$45,946,919$0$0$26,267,204
87$50,483,189$0$0$28,864,708
88$55,477,424$0$0$31,724,582
89$60,976,186$0$0$34,873,508
90$67,030,784$0$0$38,340,884
91$73,697,755$0$0$42,159,106
92$81,039,396$0$0$46,363,871
93$89,124,356$0$0$50,994,516
94$98,028,278$0$0$56,094,384
95$107,834,517$0$0$61,711,240
96$118,634,924$0$0$67,897,714
97$130,530,713$0$0$74,711,804
98$143,633,416$0$0$82,217,420
99$158,065,934$0$0$90,484,987
100$173,963,700$0$0$99,592,110