Can I retire at age 40 with 927,000?

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 $927,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$76,551$75,869$75,204$74,554$73,920$71,525
2 years$37,896$37,191$36,507$35,843$35,200$32,810
3 years$25,013$24,304$23,622$22,965$22,332$20,022
4 years$18,573$17,866$17,191$16,545$15,928$13,714
5 years$14,710$14,007$13,341$12,708$12,108$9,998
6 years$12,135$11,438$10,781$10,163$9,581$7,575
7 years$10,297$9,606$8,959$8,355$7,792$5,891
8 years$8,919$8,234$7,598$7,009$6,464$4,667
9 years$7,848$7,169$6,544$5,970$5,444$3,748
10 years$6,991$6,319$5,706$5,146$4,638$3,041
11 years$6,291$5,626$5,023$4,479$3,989$2,487
12 years$5,708$5,049$4,458$3,929$3,457$2,048
13 years$5,215$4,563$3,983$3,468$3,014$1,694
14 years$4,792$4,148$3,579$3,079$2,642$1,407
15 years$4,427$3,789$3,231$2,746$2,327$1,173
16 years$4,107$3,476$2,929$2,459$2,056$981
17 years$3,825$3,202$2,666$2,209$1,823$821
18 years$3,575$2,958$2,433$1,991$1,621$689
19 years$3,352$2,742$2,228$1,799$1,445$580
20 years$3,151$2,548$2,044$1,629$1,291$488
21 years$2,969$2,373$1,880$1,479$1,155$411
22 years$2,804$2,215$1,733$1,344$1,035$347
23 years$2,654$2,072$1,600$1,224$929$293
24 years$2,516$1,941$1,480$1,117$835$247
25 years$2,390$1,822$1,371$1,020$752$209
26 years$2,273$1,712$1,271$932$677$176
27 years$2,166$1,611$1,180$854$610$149
28 years$2,066$1,518$1,097$782$551$126
29 years$1,973$1,432$1,021$717$497$107
30 years$1,887$1,353$951$658$449$90
31 years$1,806$1,279$887$604$406$77
32 years$1,731$1,210$827$555$368$65
33 years$1,660$1,146$773$511$333$55
34 years$1,594$1,086$722$470$301$46
35 years$1,531$1,030$675$433$273$39
36 years$1,472$978$631$398$247$33
37 years$1,417$929$591$367$224$28
38 years$1,364$883$553$338$203$24
39 years$1,314$839$518$312$184$20
40 years$1,267$798$486$288$167$17
41 years$1,223$760$456$266$152$15
42 years$1,180$724$427$245$137$12
43 years$1,140$690$401$226$125$10
44 years$1,101$657$376$209$113$9
45 years$1,065$627$353$193$103$8
46 years$1,030$598$332$178$93$6
47 years$997$571$312$165$85$5
48 years$965$545$293$152$77$5
49 years$934$520$276$141$70$4
50 years$905$497$259$130$64$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $927,000, adding $2,425 every year, while hoping to spend $59,519 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: 67/19/14 Blend
39$927,000$927,000$927,000$927,000
40$1,024,055$974,924$960,556$1,089,190
41$1,065,181$959,368$929,407$1,117,368
42$1,108,507$941,054$895,219$1,140,925
43$1,154,195$919,786$857,829$1,165,178
44$1,202,420$895,353$817,063$1,190,191
45$1,253,375$867,533$772,743$1,216,036
46$1,307,268$836,092$724,680$1,242,793
47$1,364,330$800,780$672,677$1,270,553
48$1,424,809$761,336$616,529$1,299,420
49$1,488,979$717,480$556,021$1,329,507
50$1,557,137$668,919$490,930$1,360,945
51$1,629,610$615,341$421,022$1,393,878
52$1,706,755$556,418$346,051$1,428,470
53$1,788,963$491,802$265,763$1,464,903
54$1,876,662$421,125$179,891$1,503,382
55$1,970,322$344,000$88,157$1,544,135
56$2,070,454$260,016$0$1,587,418
57$2,177,624$168,740$0$1,634,973
58$2,292,449$69,715$0$1,699,812
59$2,415,606$0$0$1,769,156
60$2,547,839$0$0$1,851,301
61$2,689,964$0$0$1,955,296
62$2,842,876$0$0$2,067,227
63$3,007,559$0$0$2,187,818
64$3,185,094$0$0$2,317,866
65$3,376,665$0$0$2,458,246
66$3,583,578$0$0$2,609,919
67$3,807,265$0$0$2,773,942
68$4,049,299$0$0$2,951,477
69$4,311,413$0$0$3,143,800
70$4,595,508$0$0$3,352,315
71$4,903,677$0$0$3,578,566
72$5,238,222$0$0$3,824,250
73$5,601,673$0$0$4,091,235
74$5,996,814$0$0$4,381,575
75$6,426,708$0$0$4,697,531
76$6,894,725$0$0$5,041,588
77$7,404,574$0$0$5,416,484
78$7,960,334$0$0$5,825,231
79$8,566,498$0$0$6,271,141
80$9,228,008$0$0$6,757,864
81$9,950,306$0$0$7,289,416
82$10,739,380$0$0$7,870,217
83$11,601,826$0$0$8,505,133
84$12,544,903$0$0$9,199,524
85$13,576,604$0$0$9,959,289
86$14,705,730$0$0$10,790,925
87$15,941,972$0$0$11,701,585
88$17,296,004$0$0$12,699,147
89$18,779,577$0$0$13,792,286
90$20,405,636$0$0$14,990,557
91$22,188,434$0$0$16,304,483
92$24,143,673$0$0$17,745,653
93$26,288,644$0$0$19,326,832
94$28,642,396$0$0$21,062,083
95$31,225,907$0$0$22,966,892
96$34,062,290$0$0$25,058,321
97$37,177,001$0$0$27,355,163
98$40,598,084$0$0$29,878,121
99$44,356,432$0$0$32,650,002
100$48,486,077$0$0$35,695,930