Can I retire at age 40 with 933,000?

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 $933,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$77,046$76,360$75,690$75,037$74,399$73,257
2 years$38,142$37,431$36,743$36,075$35,428$34,280
3 years$25,175$24,462$23,775$23,114$22,477$21,359
4 years$18,693$17,982$17,302$16,652$16,031$14,951
5 years$14,805$14,098$13,427$12,791$12,186$11,149
6 years$12,214$11,512$10,851$10,229$9,643$8,648
7 years$10,364$9,668$9,017$8,410$7,842$6,890
8 years$8,977$8,287$7,647$7,055$6,506$5,597
9 years$7,898$7,215$6,587$6,009$5,479$4,613
10 years$7,036$6,360$5,742$5,180$4,668$3,844
11 years$6,332$5,662$5,056$4,508$4,015$3,232
12 years$5,745$5,082$4,487$3,954$3,479$2,736
13 years$5,248$4,593$4,009$3,491$3,034$2,330
14 years$4,823$4,175$3,602$3,099$2,659$1,993
15 years$4,455$3,814$3,252$2,764$2,342$1,712
16 years$4,134$3,499$2,948$2,474$2,070$1,476
17 years$3,850$3,222$2,683$2,223$1,835$1,275
18 years$3,598$2,978$2,449$2,004$1,632$1,105
19 years$3,373$2,760$2,242$1,810$1,454$959
20 years$3,171$2,564$2,058$1,640$1,299$834
21 years$2,988$2,389$1,893$1,488$1,162$726
22 years$2,822$2,230$1,744$1,353$1,042$633
23 years$2,671$2,085$1,611$1,232$935$553
24 years$2,533$1,954$1,490$1,124$841$483
25 years$2,405$1,834$1,380$1,026$756$422
26 years$2,288$1,723$1,279$938$681$369
27 years$2,180$1,622$1,188$859$614$323
28 years$2,079$1,528$1,105$787$554$283
29 years$1,986$1,442$1,028$722$501$248
30 years$1,899$1,362$957$662$452$218
31 years$1,818$1,287$893$608$409$191
32 years$1,742$1,218$833$559$370$168
33 years$1,671$1,153$778$514$335$147
34 years$1,604$1,093$727$473$303$129
35 years$1,541$1,037$679$435$275$113
36 years$1,482$984$635$401$249$100
37 years$1,426$935$595$370$225$88
38 years$1,373$888$557$341$204$77
39 years$1,323$845$522$314$185$68
40 years$1,276$804$489$290$168$59
41 years$1,231$765$459$267$153$52
42 years$1,188$728$430$247$138$46
43 years$1,147$694$404$228$126$40
44 years$1,109$662$379$210$114$35
45 years$1,072$631$356$194$103$31
46 years$1,037$602$334$179$94$27
47 years$1,003$574$314$166$85$24
48 years$971$548$295$153$77$21
49 years$940$524$277$141$70$19
50 years$911$500$261$131$64$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $933,000, adding $5,202 every year, while hoping to spend $56,604 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: 31/50/19 Blend
39$933,000$933,000$933,000$933,000
40$1,033,532$984,083$969,621$1,059,291
41$1,078,726$972,077$941,877$1,067,084
42$1,126,633$957,585$911,307$1,069,964
43$1,177,469$940,427$877,756$1,071,865
44$1,231,472$920,409$841,062$1,072,735
45$1,288,901$897,328$801,056$1,072,523
46$1,350,041$870,968$757,563$1,071,177
47$1,415,201$841,102$710,398$1,068,649
48$1,484,722$807,487$659,367$1,064,890
49$1,558,978$769,868$604,269$1,059,854
50$1,638,376$727,974$544,895$1,053,497
51$1,723,365$681,519$481,024$1,045,780
52$1,814,436$630,201$412,425$1,036,667
53$1,912,127$573,700$338,861$1,026,127
54$2,017,031$511,678$260,079$1,014,135
55$2,129,795$443,777$175,819$1,000,676
56$2,251,133$369,621$85,808$985,741
57$2,381,827$288,810$0$969,331
58$2,522,735$200,924$0$953,541
59$2,674,802$105,517$0$955,018
60$2,839,064$2,120$0$956,458
61$3,016,660$0$0$957,987
62$3,208,844$0$0$1,020,152
63$3,416,993$0$0$1,088,864
64$3,642,618$0$0$1,163,472
65$3,887,387$0$0$1,244,540
66$4,153,128$0$0$1,332,693
67$4,441,855$0$0$1,428,616
68$4,755,783$0$0$1,533,063
69$5,097,349$0$0$1,646,863
70$5,469,234$0$0$1,770,930
71$5,874,387$0$0$1,906,268
72$6,316,056$0$0$2,053,984
73$6,797,814$0$0$2,215,295
74$7,323,592$0$0$2,391,542
75$7,897,720$0$0$2,584,200
76$8,524,964$0$0$2,794,894
77$9,210,570$0$0$3,025,412
78$9,960,313$0$0$3,277,725
79$10,780,554$0$0$3,554,000
80$11,678,294$0$0$3,856,627
81$12,661,244$0$0$4,188,236
82$13,737,896$0$0$4,551,723
83$14,917,600$0$0$4,950,279
84$16,210,655$0$0$5,387,418
85$17,628,403$0$0$5,867,009
86$19,183,335$0$0$6,393,316
87$20,889,211$0$0$6,971,034
88$22,761,185$0$0$7,605,336
89$24,815,950$0$0$8,301,919
90$27,071,895$0$0$9,067,060
91$29,549,274$0$0$9,907,674
92$32,270,402$0$0$10,831,377
93$35,259,859$0$0$11,846,560
94$38,544,724$0$0$12,962,470
95$42,154,827$0$0$14,189,291
96$46,123,036$0$0$15,538,243
97$50,485,557$0$0$17,021,691
98$55,282,281$0$0$18,653,255
99$60,557,158$0$0$20,447,941
100$66,358,609$0$0$22,422,286