Can I retire at age 40 with 925,000?

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 $925,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$76,386$75,705$75,041$74,393$73,761$72,900
2 years$37,815$37,110$36,428$35,766$35,124$34,257
3 years$24,959$24,252$23,571$22,916$22,284$21,439
4 years$18,533$17,828$17,154$16,509$15,893$15,075
5 years$14,678$13,977$13,312$12,681$12,082$11,294
6 years$12,109$11,413$10,758$10,141$9,560$8,803
7 years$10,275$9,585$8,940$8,337$7,775$7,050
8 years$8,900$8,216$7,582$6,994$6,450$5,756
9 years$7,831$7,154$6,530$5,957$5,432$4,769
10 years$6,976$6,306$5,693$5,135$4,628$3,996
11 years$6,277$5,613$5,012$4,469$3,980$3,379
12 years$5,695$5,038$4,448$3,920$3,449$2,877
13 years$5,203$4,553$3,974$3,461$3,008$2,464
14 years$4,782$4,139$3,571$3,072$2,637$2,121
15 years$4,417$3,781$3,224$2,740$2,322$1,833
16 years$4,098$3,469$2,923$2,453$2,052$1,590
17 years$3,817$3,195$2,660$2,204$1,819$1,383
18 years$3,567$2,952$2,428$1,986$1,618$1,205
19 years$3,344$2,736$2,223$1,795$1,442$1,053
20 years$3,144$2,542$2,040$1,626$1,288$922
21 years$2,963$2,368$1,876$1,475$1,152$808
22 years$2,798$2,211$1,729$1,341$1,033$710
23 years$2,648$2,067$1,597$1,222$927$624
24 years$2,511$1,937$1,477$1,114$833$549
25 years$2,385$1,818$1,368$1,018$750$483
26 years$2,269$1,708$1,269$930$676$426
27 years$2,161$1,608$1,178$852$609$376
28 years$2,062$1,515$1,095$780$550$331
29 years$1,969$1,429$1,019$716$496$293
30 years$1,883$1,350$949$657$448$259
31 years$1,802$1,276$885$603$405$228
32 years$1,727$1,207$826$554$367$202
33 years$1,657$1,143$771$510$332$179
34 years$1,590$1,084$720$469$300$158
35 years$1,528$1,028$673$432$272$140
36 years$1,469$976$630$398$247$124
37 years$1,414$927$590$366$223$110
38 years$1,361$881$552$338$203$97
39 years$1,312$837$517$311$184$86
40 years$1,265$797$485$287$167$76
41 years$1,220$758$455$265$151$67
42 years$1,178$722$426$245$137$60
43 years$1,137$688$400$226$125$53
44 years$1,099$656$376$208$113$47
45 years$1,062$626$353$192$103$41
46 years$1,028$597$331$178$93$37
47 years$994$569$311$164$85$33
48 years$963$544$292$152$77$29
49 years$932$519$275$140$70$26
50 years$903$496$258$130$63$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $925,000, adding $6,826 every year, while hoping to spend $33,603 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: 36/50/14 Blend
39$925,000$925,000$925,000$925,000
40$1,026,391$977,366$963,029$1,058,695
41$1,095,330$989,504$959,537$1,094,726
42$1,170,174$1,001,110$954,802$1,129,894
43$1,251,490$1,012,123$948,746$1,167,131
44$1,339,902$1,022,477$941,290$1,206,637
45$1,436,097$1,032,103$932,347$1,248,635
46$1,540,828$1,040,926$921,830$1,293,374
47$1,654,927$1,048,865$909,646$1,341,127
48$1,779,307$1,055,837$895,697$1,392,200
49$1,914,975$1,061,752$879,881$1,446,928
50$2,063,037$1,066,512$862,092$1,505,685
51$2,224,713$1,070,018$842,218$1,568,886
52$2,401,345$1,072,159$820,143$1,636,990
53$2,594,408$1,072,821$795,744$1,710,503
54$2,805,530$1,071,882$768,894$1,789,990
55$3,036,501$1,069,211$739,458$1,876,071
56$3,289,292$1,064,670$707,298$1,969,439
57$3,566,074$1,058,114$672,268$2,070,855
58$3,869,239$1,049,386$634,214$2,181,165
59$4,201,418$1,038,323$592,977$2,301,303
60$4,565,512$1,024,750$548,390$2,432,306
61$4,964,712$1,008,481$500,279$2,575,316
62$5,402,537$989,321$448,463$2,731,601
63$5,882,860$967,061$392,751$2,902,561
64$6,409,948$941,483$332,944$3,089,745
65$6,988,500$912,354$268,835$3,294,866
66$7,623,694$879,426$200,208$3,519,816
67$8,321,232$842,439$126,836$3,766,689
68$9,087,397$801,118$48,484$4,037,798
69$9,929,108$755,169$0$4,335,700
70$10,853,990$704,286$0$4,668,469
71$11,870,442$648,140$0$5,042,050
72$12,987,716$586,388$0$5,452,681
73$14,216,007$518,665$0$5,904,215
74$15,566,544$444,584$0$6,400,906
75$17,051,703$363,740$0$6,947,448
76$18,685,114$275,701$0$7,549,024
77$20,481,800$180,014$0$8,211,354
78$22,458,307$76,198$0$8,940,752
79$24,632,870$0$0$9,744,185
80$27,025,579$0$0$10,649,288
81$29,658,568$0$0$11,691,570
82$32,556,229$0$0$12,838,781
83$35,745,435$0$0$14,101,580
84$39,255,796$0$0$15,491,711
85$43,119,941$0$0$17,022,116
86$47,373,820$0$0$18,707,055
87$52,057,047$0$0$20,562,242
88$57,213,273$0$0$22,604,990
89$62,890,596$0$0$24,854,379
90$69,142,016$0$0$27,331,432
91$76,025,932$0$0$30,059,313
92$83,606,698$0$0$33,063,551
93$91,955,225$0$0$36,372,275
94$101,149,652$0$0$40,016,479
95$111,276,083$0$0$44,030,321
96$122,429,398$0$0$48,451,438
97$134,714,151$0$0$53,321,305
98$148,245,553$0$0$58,685,624
99$163,150,560$0$0$64,594,758
100$179,569,073$0$0$71,104,205