Can I retire at age 40 with 926,000?

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 $926,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$76,468$75,787$75,123$74,474$73,841$71,391
2 years$37,856$37,151$36,467$35,805$35,162$32,718
3 years$24,986$24,278$23,597$22,940$22,308$19,947
4 years$18,553$17,847$17,172$16,527$15,910$13,649
5 years$14,694$13,992$13,326$12,695$12,095$9,940
6 years$12,122$11,426$10,770$10,152$9,570$7,523
7 years$10,286$9,595$8,950$8,346$7,783$5,844
8 years$8,909$8,225$7,590$7,002$6,457$4,624
9 years$7,839$7,161$6,537$5,964$5,438$3,709
10 years$6,984$6,312$5,699$5,141$4,633$3,005
11 years$6,284$5,620$5,018$4,474$3,985$2,455
12 years$5,701$5,044$4,453$3,924$3,453$2,018
13 years$5,209$4,558$3,978$3,465$3,011$1,668
14 years$4,787$4,143$3,575$3,076$2,640$1,384
15 years$4,422$3,785$3,227$2,743$2,324$1,152
16 years$4,103$3,473$2,926$2,456$2,054$961
17 years$3,821$3,198$2,663$2,207$1,821$804
18 years$3,571$2,955$2,431$1,989$1,619$674
19 years$3,348$2,739$2,225$1,797$1,443$566
20 years$3,147$2,545$2,042$1,627$1,289$475
21 years$2,966$2,371$1,878$1,477$1,154$400
22 years$2,801$2,213$1,731$1,343$1,034$337
23 years$2,651$2,070$1,598$1,223$928$284
24 years$2,514$1,939$1,478$1,115$834$239
25 years$2,387$1,820$1,369$1,019$751$202
26 years$2,271$1,710$1,270$931$676$170
27 years$2,164$1,610$1,179$853$610$144
28 years$2,064$1,517$1,096$781$550$121
29 years$1,971$1,431$1,020$716$497$103
30 years$1,885$1,351$950$657$449$87
31 years$1,804$1,277$886$604$406$73
32 years$1,729$1,209$827$555$367$62
33 years$1,658$1,145$772$510$332$52
34 years$1,592$1,085$721$469$301$44
35 years$1,530$1,029$674$432$272$37
36 years$1,471$977$631$398$247$32
37 years$1,415$928$590$367$224$27
38 years$1,363$882$553$338$203$23
39 years$1,313$838$518$312$184$19
40 years$1,266$798$485$287$167$16
41 years$1,221$759$455$265$151$14
42 years$1,179$723$427$245$137$12
43 years$1,139$689$401$226$125$10
44 years$1,100$657$376$209$113$8
45 years$1,064$626$353$193$103$7
46 years$1,029$597$332$178$93$6
47 years$995$570$312$164$85$5
48 years$964$544$293$152$77$4
49 years$933$520$275$140$70$4
50 years$904$496$259$130$63$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $926,000, adding $2,111 every year, while hoping to spend $34,700 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: 25/49/26 Blend
39$926,000$926,000$926,000$926,000
40$1,022,629$973,551$959,198$1,039,769
41$1,090,017$984,335$954,411$1,064,867
42$1,163,115$994,484$948,300$1,088,648
43$1,242,470$1,003,930$940,785$1,113,416
44$1,328,681$1,012,602$931,781$1,139,277
45$1,422,410$1,020,423$921,199$1,166,350
46$1,524,382$1,027,310$908,945$1,194,768
47$1,635,397$1,033,177$894,923$1,224,679
48$1,756,335$1,037,930$879,031$1,256,252
49$1,888,164$1,041,471$861,161$1,289,673
50$2,031,949$1,043,695$841,202$1,325,152
51$2,188,862$1,044,491$819,036$1,362,925
52$2,360,195$1,043,739$794,543$1,403,251
53$2,547,368$1,041,315$767,593$1,446,425
54$2,751,945$1,037,085$738,053$1,492,772
55$2,975,648$1,030,907$705,782$1,542,657
56$3,220,373$1,022,631$670,636$1,596,485
57$3,488,209$1,012,098$632,460$1,654,709
58$3,781,454$999,138$591,094$1,717,832
59$4,102,639$983,573$546,373$1,786,416
60$4,454,553$965,213$498,121$1,861,083
61$4,840,266$943,856$446,156$1,942,528
62$5,263,159$919,291$390,288$2,031,522
63$5,726,956$891,291$330,318$2,128,921
64$6,235,759$859,618$266,037$2,235,678
65$6,794,087$824,020$197,230$2,352,848
66$7,406,916$784,230$123,670$2,481,606
67$8,079,729$739,964$45,120$2,623,253
68$8,818,564$690,924$0$2,779,232
69$9,630,073$636,795$0$2,961,884
70$10,521,584$577,242$0$3,176,301
71$11,501,171$511,912$0$3,411,995
72$12,577,726$440,432$0$3,671,224
73$13,761,049$362,408$0$3,956,484
74$15,061,933$277,423$0$4,270,534
75$16,492,270$185,037$0$4,616,424
76$18,065,164$84,786$0$4,997,523
77$19,795,049$0$0$5,417,557
78$21,697,831$0$0$5,893,483
79$23,791,033$0$0$6,467,506
80$26,093,962$0$0$7,099,225
81$28,627,891$0$0$7,794,498
82$31,416,260$0$0$8,559,780
83$34,484,895$0$0$9,402,184
84$37,862,252$0$0$10,329,546
85$41,579,686$0$0$11,350,502
86$45,671,746$0$0$12,474,567
87$50,176,501$0$0$13,712,225
88$55,135,897$0$0$15,075,029
89$60,596,156$0$0$16,575,711
90$66,608,207$0$0$18,228,297
91$73,228,172$0$0$20,048,246
92$80,517,890$0$0$22,052,591
93$88,545,504$0$0$24,260,100
94$97,386,099$0$0$26,691,458
95$107,122,418$0$0$29,369,453
96$117,845,633$0$0$32,319,202
97$129,656,214$0$0$35,568,378
98$142,664,868$0$0$39,147,477
99$156,993,593$0$0$43,090,105
100$172,776,821$0$0$47,433,293