Can I retire at age 40 with 926,000?

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 $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%12.9%
1 years$76,468$75,787$75,123$74,474$73,841$72,948
2 years$37,856$37,151$36,467$35,805$35,162$34,264
3 years$24,986$24,278$23,597$22,940$22,308$21,432
4 years$18,553$17,847$17,172$16,527$15,910$15,063
5 years$14,694$13,992$13,326$12,695$12,095$11,279
6 years$12,122$11,426$10,770$10,152$9,570$8,787
7 years$10,286$9,595$8,950$8,346$7,783$7,033
8 years$8,909$8,225$7,590$7,002$6,457$5,739
9 years$7,839$7,161$6,537$5,964$5,438$4,752
10 years$6,984$6,312$5,699$5,141$4,633$3,980
11 years$6,284$5,620$5,018$4,474$3,985$3,362
12 years$5,701$5,044$4,453$3,924$3,453$2,861
13 years$5,209$4,558$3,978$3,465$3,011$2,449
14 years$4,787$4,143$3,575$3,076$2,640$2,107
15 years$4,422$3,785$3,227$2,743$2,324$1,820
16 years$4,103$3,473$2,926$2,456$2,054$1,577
17 years$3,821$3,198$2,663$2,207$1,821$1,370
18 years$3,571$2,955$2,431$1,989$1,619$1,194
19 years$3,348$2,739$2,225$1,797$1,443$1,042
20 years$3,147$2,545$2,042$1,627$1,289$912
21 years$2,966$2,371$1,878$1,477$1,154$799
22 years$2,801$2,213$1,731$1,343$1,034$701
23 years$2,651$2,070$1,598$1,223$928$615
24 years$2,514$1,939$1,478$1,115$834$541
25 years$2,387$1,820$1,369$1,019$751$476
26 years$2,271$1,710$1,270$931$676$419
27 years$2,164$1,610$1,179$853$610$369
28 years$2,064$1,517$1,096$781$550$326
29 years$1,971$1,431$1,020$716$497$287
30 years$1,885$1,351$950$657$449$254
31 years$1,804$1,277$886$604$406$224
32 years$1,729$1,209$827$555$367$198
33 years$1,658$1,145$772$510$332$175
34 years$1,592$1,085$721$469$301$155
35 years$1,530$1,029$674$432$272$137
36 years$1,471$977$631$398$247$121
37 years$1,415$928$590$367$224$107
38 years$1,363$882$553$338$203$95
39 years$1,313$838$518$312$184$84
40 years$1,266$798$485$287$167$74
41 years$1,221$759$455$265$151$65
42 years$1,179$723$427$245$137$58
43 years$1,139$689$401$226$125$51
44 years$1,100$657$376$209$113$45
45 years$1,064$626$353$193$103$40
46 years$1,029$597$332$178$93$36
47 years$995$570$312$164$85$32
48 years$964$544$293$152$77$28
49 years$933$520$275$140$70$25
50 years$904$496$259$130$63$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $926,000, adding $6,644 every year, while hoping to spend $33,190 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: 57/21/22 Blend
39$926,000$926,000$926,000$926,000
40$1,027,305$978,227$963,874$1,079,422
41$1,096,777$990,847$960,850$1,128,348
42$1,172,221$1,002,972$956,612$1,177,530
43$1,254,214$1,014,544$951,085$1,230,412
44$1,343,387$1,025,499$944,189$1,287,360
45$1,440,434$1,035,770$935,841$1,348,777
46$1,546,121$1,045,286$925,955$1,415,107
47$1,661,289$1,053,968$914,438$1,486,841
48$1,786,864$1,061,736$901,195$1,564,521
49$1,923,866$1,068,503$886,127$1,648,747
50$2,073,416$1,074,175$869,128$1,740,178
51$2,236,750$1,078,655$850,089$1,839,544
52$2,415,227$1,081,838$828,895$1,947,650
53$2,610,344$1,083,612$805,427$2,065,384
54$2,823,749$1,083,859$779,559$2,193,727
55$3,057,256$1,082,453$751,159$2,333,762
56$3,312,864$1,079,261$720,091$2,486,682
57$3,592,773$1,074,141$686,211$2,653,807
58$3,899,405$1,066,944$649,368$2,836,592
59$4,235,430$1,057,509$609,407$3,036,640
60$4,603,784$1,045,668$566,163$3,255,725
61$5,007,706$1,031,241$519,465$3,495,800
62$5,450,759$1,014,039$469,134$3,759,023
63$5,936,870$993,860$414,984$4,047,774
64$6,470,363$970,492$356,818$4,364,676
65$7,056,003$943,709$294,434$4,712,628
66$7,699,036$913,272$227,619$5,094,823
67$8,405,243$878,928$156,150$5,514,788
68$9,180,992$840,409$79,795$5,976,409
69$10,033,298$797,433$0$6,483,977
70$10,969,887$749,701$0$7,042,619
71$11,999,275$696,895$0$7,677,172
72$13,130,839$638,681$0$8,374,701
73$14,374,913$574,706$0$9,141,620
74$15,742,882$504,594$0$9,984,996
75$17,247,289$427,951$0$10,912,621
76$18,901,951$344,360$0$11,933,083
77$20,722,096$253,379$0$13,055,847
78$22,724,498$154,543$0$14,291,348
79$24,927,640$47,359$0$15,651,087
80$27,351,889$0$0$17,147,742
81$30,019,681$0$0$18,811,159
82$32,955,743$0$0$20,653,986
83$36,187,315$0$0$22,682,391
84$39,744,416$0$0$24,915,226
85$43,660,120$0$0$27,373,267
86$47,970,871$0$0$30,079,403
87$52,716,828$0$0$33,058,858
88$57,942,240$0$0$36,339,425
89$63,695,864$0$0$39,951,730
90$70,031,430$0$0$43,929,519
91$77,008,138$0$0$48,309,978
92$84,691,226$0$0$53,134,083
93$93,152,579$0$0$58,446,986
94$102,471,410$0$0$64,298,441
95$112,735,006$0$0$70,743,275
96$124,039,551$0$0$77,841,904
97$136,491,035$0$0$85,660,902
98$150,206,253$0$0$94,273,630
99$165,313,907$0$0$103,760,929
100$181,955,821$0$0$114,211,881