Can I retire at age 40 with 936,000?

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 $936,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$77,294$76,606$75,934$75,278$74,638$72,569
2 years$38,264$37,552$36,861$36,191$35,542$33,473
3 years$25,256$24,540$23,852$23,188$22,549$20,545
4 years$18,753$18,040$17,358$16,706$16,082$14,158
5 years$14,853$14,143$13,470$12,832$12,226$10,387
6 years$12,253$11,549$10,886$10,262$9,674$7,922
7 years$10,397$9,699$9,046$8,437$7,867$6,203
8 years$9,006$8,314$7,672$7,077$6,527$4,948
9 years$7,924$7,239$6,608$6,028$5,496$4,003
10 years$7,059$6,381$5,761$5,196$4,683$3,273
11 years$6,352$5,680$5,072$4,522$4,028$2,698
12 years$5,763$5,098$4,501$3,967$3,490$2,238
13 years$5,265$4,607$4,021$3,502$3,044$1,867
14 years$4,839$4,188$3,613$3,109$2,668$1,564
15 years$4,470$3,826$3,262$2,772$2,349$1,315
16 years$4,147$3,510$2,958$2,482$2,076$1,109
17 years$3,862$3,233$2,691$2,230$1,841$937
18 years$3,610$2,987$2,457$2,010$1,637$793
19 years$3,384$2,768$2,249$1,816$1,459$673
20 years$3,181$2,573$2,064$1,645$1,303$572
21 years$2,998$2,396$1,899$1,493$1,166$486
22 years$2,831$2,237$1,750$1,357$1,045$414
23 years$2,680$2,092$1,616$1,236$938$353
24 years$2,541$1,960$1,494$1,128$843$301
25 years$2,413$1,839$1,384$1,030$759$256
26 years$2,296$1,729$1,284$942$684$219
27 years$2,187$1,627$1,192$862$616$187
28 years$2,086$1,533$1,108$790$556$160
29 years$1,993$1,446$1,031$724$502$136
30 years$1,905$1,366$960$665$454$117
31 years$1,824$1,291$895$610$410$100
32 years$1,748$1,222$835$561$371$85
33 years$1,676$1,157$780$516$336$73
34 years$1,609$1,097$729$475$304$62
35 years$1,546$1,040$681$437$275$53
36 years$1,487$987$637$402$250$46
37 years$1,430$938$597$371$226$39
38 years$1,377$891$559$342$205$33
39 years$1,327$847$523$315$186$29
40 years$1,280$806$491$291$169$25
41 years$1,235$767$460$268$153$21
42 years$1,192$731$432$247$139$18
43 years$1,151$696$405$228$126$15
44 years$1,112$664$380$211$114$13
45 years$1,075$633$357$195$104$11
46 years$1,040$604$335$180$94$10
47 years$1,006$576$315$166$86$8
48 years$974$550$296$154$78$7
49 years$943$525$278$142$71$6
50 years$914$502$262$131$64$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $936,000, adding $4,175 every year, while hoping to spend $40,964 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: 51/19/30 Blend
39$936,000$936,000$936,000$936,000
40$1,035,779$986,171$971,663$1,079,638
41$1,097,843$990,907$960,628$1,115,461
42$1,164,864$994,504$947,851$1,149,982
43$1,237,306$996,860$933,229$1,186,733
44$1,315,676$997,871$916,657$1,225,946
45$1,400,533$997,424$898,023$1,267,878
46$1,492,490$995,402$877,210$1,312,815
47$1,592,225$991,677$854,097$1,361,073
48$1,700,478$986,115$828,556$1,413,005
49$1,818,068$978,576$800,453$1,468,998
50$1,945,892$968,907$769,650$1,529,486
51$2,084,939$956,950$735,999$1,594,946
52$2,236,297$942,535$699,349$1,665,910
53$2,401,163$925,482$659,541$1,742,964
54$2,580,852$905,601$616,406$1,826,759
55$2,776,815$882,692$569,772$1,918,016
56$2,990,647$856,541$519,456$2,017,532
57$3,224,104$826,922$465,269$2,126,191
58$3,479,118$793,597$407,011$2,244,970
59$3,757,818$756,312$344,475$2,374,951
60$4,062,545$714,802$277,445$2,517,329
61$4,395,880$668,782$205,695$2,673,428
62$4,760,662$617,955$128,988$2,844,712
63$5,160,018$562,004$47,078$3,032,798
64$5,597,393$500,594$0$3,239,476
65$6,076,578$433,374$0$3,479,636
66$6,601,749$359,970$0$3,759,473
67$7,177,507$279,988$0$4,066,408
68$7,808,917$193,012$0$4,403,204
69$8,501,560$98,602$0$4,772,909
70$9,261,579$0$0$5,178,883
71$10,095,746$0$0$5,625,608
72$11,011,517$0$0$6,138,765
73$12,017,106$0$0$6,702,353
74$13,121,561$0$0$7,321,457
75$14,334,849$0$0$8,001,676
76$15,667,952$0$0$8,749,180
77$17,132,966$0$0$9,570,767
78$18,743,218$0$0$10,473,925
79$20,513,391$0$0$11,466,903
80$22,459,660$0$0$12,558,791
81$24,599,847$0$0$13,759,603
82$26,953,585$0$0$15,080,372
83$29,542,508$0$0$16,533,254
84$32,390,451$0$0$18,131,642
85$35,523,674$0$0$19,890,294
86$38,971,111$0$0$21,825,470
87$42,764,644$0$0$23,955,083
88$46,939,400$0$0$26,298,875
89$51,534,082$0$0$28,878,595
90$56,591,339$0$0$31,718,210
91$62,158,160$0$0$34,844,126
92$68,286,323$0$0$38,285,441
93$75,032,882$0$0$42,074,218
94$82,460,703$0$0$46,245,786
95$90,639,058$0$0$50,839,073
96$99,644,276$0$0$55,896,976
97$109,560,468$0$0$61,466,764
98$120,480,315$0$0$67,600,521
99$132,505,943$0$0$74,355,642
100$145,749,889$0$0$81,795,371