Can I retire at age 40 with 919,000?

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 $919,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$75,890$75,214$74,555$73,911$73,282$71,686
2 years$37,569$36,870$36,192$35,534$34,896$33,296
3 years$24,797$24,095$23,418$22,767$22,140$20,585
4 years$18,413$17,712$17,043$16,402$15,790$14,294
5 years$14,583$13,887$13,226$12,599$12,003$10,569
6 years$12,031$11,339$10,688$10,075$9,498$8,127
7 years$10,208$9,523$8,882$8,283$7,724$6,418
8 years$8,842$8,163$7,533$6,949$6,408$5,165
9 years$7,780$7,107$6,488$5,919$5,397$4,216
10 years$6,931$6,265$5,656$5,102$4,598$3,479
11 years$6,236$5,577$4,980$4,440$3,955$2,896
12 years$5,658$5,006$4,419$3,895$3,427$2,426
13 years$5,170$4,524$3,948$3,438$2,988$2,044
14 years$4,751$4,112$3,548$3,052$2,620$1,730
15 years$4,388$3,756$3,203$2,722$2,306$1,470
16 years$4,072$3,446$2,904$2,437$2,038$1,253
17 years$3,792$3,174$2,643$2,190$1,807$1,070
18 years$3,544$2,933$2,412$1,974$1,607$916
19 years$3,323$2,718$2,208$1,783$1,432$786
20 years$3,123$2,526$2,027$1,615$1,279$675
21 years$2,943$2,353$1,864$1,466$1,145$581
22 years$2,780$2,196$1,718$1,333$1,026$500
23 years$2,631$2,054$1,586$1,214$921$431
24 years$2,495$1,924$1,467$1,107$828$372
25 years$2,369$1,806$1,359$1,011$745$321
26 years$2,254$1,697$1,260$924$671$278
27 years$2,147$1,597$1,170$846$605$240
28 years$2,048$1,505$1,088$775$546$208
29 years$1,956$1,420$1,012$711$493$180
30 years$1,871$1,341$943$652$446$155
31 years$1,791$1,268$879$599$403$134
32 years$1,716$1,200$820$551$364$116
33 years$1,646$1,136$766$506$330$101
34 years$1,580$1,077$716$466$299$87
35 years$1,518$1,021$669$429$270$76
36 years$1,460$969$626$395$245$66
37 years$1,404$921$586$364$222$57
38 years$1,352$875$549$335$201$49
39 years$1,303$832$514$309$183$43
40 years$1,256$792$482$285$166$37
41 years$1,212$753$452$263$150$32
42 years$1,170$718$424$243$136$28
43 years$1,130$684$398$224$124$24
44 years$1,092$652$373$207$112$21
45 years$1,056$621$350$191$102$18
46 years$1,021$593$329$177$93$16
47 years$988$566$309$163$84$14
48 years$956$540$291$151$76$12
49 years$926$516$273$139$69$10
50 years$897$493$257$129$63$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $919,000, adding $5,250 every year, while hoping to spend $55,237 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: 40/30/30 Blend
39$919,000$919,000$919,000$919,000
40$1,018,153$969,446$955,202$1,049,692
41$1,063,233$958,178$928,429$1,061,924
42$1,111,060$944,505$898,909$1,069,672
43$1,161,855$928,253$866,489$1,077,021
44$1,215,862$909,235$831,014$1,083,973
45$1,273,346$887,253$792,319$1,090,529
46$1,334,597$862,099$750,232$1,096,701
47$1,399,934$833,550$704,573$1,102,502
48$1,469,705$801,372$655,154$1,107,955
49$1,544,293$765,317$601,779$1,113,089
50$1,624,116$725,123$544,244$1,117,942
51$1,709,634$680,511$482,334$1,122,565
52$1,801,350$631,190$415,826$1,127,016
53$1,899,817$576,848$344,485$1,131,371
54$2,005,642$517,156$268,069$1,135,717
55$2,119,490$451,770$186,322$1,140,160
56$2,242,093$380,321$98,979$1,144,825
57$2,374,254$302,424$5,761$1,149,858
58$2,516,854$217,669$0$1,155,430
59$2,670,862$125,624$0$1,191,737
60$2,837,344$25,834$0$1,232,928
61$3,017,470$0$0$1,277,518
62$3,212,527$0$0$1,353,046
63$3,423,928$0$0$1,444,246
64$3,653,230$0$0$1,543,274
65$3,902,142$0$0$1,650,881
66$4,172,546$0$0$1,767,896
67$4,466,511$0$0$1,895,228
68$4,786,315$0$0$2,033,879
69$5,134,461$0$0$2,184,950
70$5,513,707$0$0$2,349,655
71$5,927,085$0$0$2,529,327
72$6,377,933$0$0$2,725,436
73$6,869,926$0$0$2,939,598
74$7,407,107$0$0$3,173,595
75$7,993,929$0$0$3,429,385
76$8,635,293$0$0$3,709,127
77$9,336,594$0$0$4,015,195
78$10,103,774$0$0$4,350,206
79$10,943,374$0$0$4,717,040
80$11,862,597$0$0$5,118,870
81$12,869,375$0$0$5,559,187
82$13,972,444$0$0$6,041,841
83$15,181,423$0$0$6,571,066
84$16,506,907$0$0$7,151,531
85$17,960,565$0$0$7,788,375
86$19,555,251$0$0$8,487,261
87$21,305,119$0$0$9,254,423
88$23,225,764$0$0$10,096,731
89$25,334,361$0$0$11,021,754
90$27,649,832$0$0$12,037,826
91$30,193,019$0$0$13,154,131
92$32,986,883$0$0$14,380,785
93$36,056,717$0$0$15,728,933
94$39,430,387$0$0$17,210,853
95$43,138,591$0$0$18,840,073
96$47,215,152$0$0$20,631,495
97$51,697,329$0$0$22,601,539
98$56,626,174$0$0$24,768,295
99$62,046,916$0$0$27,151,694
100$68,009,388$0$0$29,773,696