Can I retire at age 40 with 1,150,000?

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 $1,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$94,966$94,120$93,295$92,489$91,703$89,053
2 years$47,013$46,137$45,289$44,466$43,668$41,019
3 years$31,031$30,151$29,305$28,490$27,705$25,140
4 years$23,041$22,164$21,326$20,525$19,759$17,299
5 years$18,248$17,377$16,550$15,765$15,021$12,671
6 years$15,055$14,190$13,375$12,608$11,885$9,648
7 years$12,774$11,916$11,115$10,365$9,666$7,541
8 years$11,064$10,215$9,426$8,695$8,019$6,006
9 years$9,735$8,894$8,119$7,407$6,753$4,850
10 years$8,673$7,839$7,078$6,384$5,754$3,957
11 years$7,804$6,979$6,231$5,556$4,949$3,256
12 years$7,081$6,264$5,530$4,874$4,288$2,696
13 years$6,469$5,661$4,941$4,303$3,739$2,244
14 years$5,945$5,145$4,439$3,820$3,278$1,876
15 years$5,491$4,700$4,008$3,406$2,886$1,574
16 years$5,095$4,313$3,634$3,050$2,551$1,324
17 years$4,745$3,972$3,307$2,740$2,262$1,117
18 years$4,435$3,670$3,019$2,470$2,011$943
19 years$4,158$3,401$2,763$2,232$1,792$798
20 years$3,908$3,161$2,536$2,021$1,601$677
21 years$3,683$2,944$2,333$1,834$1,433$574
22 years$3,479$2,748$2,150$1,668$1,284$488
23 years$3,292$2,570$1,985$1,519$1,153$414
24 years$3,122$2,408$1,836$1,385$1,036$353
25 years$2,965$2,260$1,700$1,265$932$300
26 years$2,820$2,124$1,577$1,157$840$255
27 years$2,687$1,999$1,464$1,059$757$218
28 years$2,563$1,884$1,361$970$683$185
29 years$2,448$1,777$1,267$890$617$158
30 years$2,341$1,678$1,180$816$557$135
31 years$2,241$1,586$1,100$750$504$115
32 years$2,147$1,501$1,026$689$456$98
33 years$2,059$1,422$958$634$413$84
34 years$1,977$1,347$895$583$374$71
35 years$1,900$1,278$837$537$338$61
36 years$1,826$1,213$783$494$307$52
37 years$1,758$1,152$733$455$278$44
38 years$1,692$1,095$686$420$252$38
39 years$1,631$1,041$643$387$228$32
40 years$1,572$990$603$357$207$28
41 years$1,517$943$565$329$188$24
42 years$1,464$898$530$304$171$20
43 years$1,414$856$498$281$155$17
44 years$1,366$816$467$259$141$15
45 years$1,321$778$439$239$128$13
46 years$1,278$742$412$221$116$11
47 years$1,236$708$387$204$105$9
48 years$1,197$676$364$189$96$8
49 years$1,159$645$342$174$87$7
50 years$1,123$617$321$161$79$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,150,000, adding $6,233 every year, while hoping to spend $25,612 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: 64/30/6 Blend
39$1,150,000$1,150,000$1,150,000$1,150,000
40$1,273,729$1,212,779$1,194,954$1,353,569
41$1,376,399$1,244,955$1,207,734$1,439,660
42$1,488,682$1,277,848$1,220,084$1,530,039
43$1,611,533$1,311,468$1,231,962$1,628,072
44$1,746,001$1,345,821$1,243,325$1,734,500
45$1,893,243$1,380,916$1,254,126$1,850,138
46$2,054,532$1,416,759$1,264,317$1,975,884
47$2,231,269$1,453,356$1,273,847$2,112,723
48$2,425,000$1,490,712$1,282,663$2,261,745
49$2,637,425$1,528,832$1,290,707$2,424,147
50$2,870,418$1,567,720$1,297,920$2,601,247
51$3,126,041$1,607,378$1,304,241$2,794,498
52$3,406,566$1,647,809$1,309,602$3,005,500
53$3,714,498$1,689,014$1,313,936$3,236,013
54$4,052,594$1,730,992$1,317,170$3,487,978
55$4,423,890$1,773,743$1,319,227$3,763,533
56$4,831,734$1,817,263$1,320,028$4,065,031
57$5,279,811$1,861,549$1,319,489$4,395,066
58$5,772,182$1,906,595$1,317,522$4,756,495
59$6,313,320$1,952,394$1,314,035$5,152,465
60$6,908,154$1,998,937$1,308,931$5,586,443
61$7,562,114$2,046,213$1,302,108$6,062,250
62$8,281,182$2,094,210$1,293,461$6,584,093
63$9,071,948$2,142,912$1,282,877$7,156,610
64$9,941,674$2,192,302$1,270,241$7,784,909
65$10,898,360$2,242,360$1,255,429$8,474,619
66$11,950,822$2,293,064$1,238,315$9,231,942
67$13,108,770$2,344,389$1,218,763$10,063,712
68$14,382,906$2,396,306$1,196,633$10,977,459
69$15,785,022$2,448,783$1,171,779$11,981,479
70$17,328,107$2,501,787$1,144,047$13,084,914
71$19,026,477$2,555,278$1,113,276$14,297,839
72$20,895,904$2,609,213$1,079,297$15,631,353
73$22,953,768$2,663,545$1,041,935$17,097,689
74$25,219,217$2,718,225$1,001,005$18,710,325
75$27,713,354$2,773,195$956,316$20,484,114
76$30,459,429$2,828,394$907,665$22,435,422
77$33,483,062$2,883,756$854,843$24,582,285
78$36,812,484$2,939,210$797,629$26,944,578
79$40,478,802$2,994,676$735,795$29,544,201
80$44,516,296$3,050,071$669,100$32,405,290
81$48,962,736$3,105,302$597,293$35,554,440
82$53,859,745$3,160,272$520,112$39,020,960
83$59,253,188$3,214,874$437,285$42,837,145
84$65,193,604$3,268,994$348,525$47,038,588
85$71,736,685$3,322,508$253,534$51,664,510
86$78,943,800$3,375,285$152,001$56,758,132
87$86,882,576$3,427,181$43,600$62,367,086
88$95,627,531$3,478,046$0$68,543,859
89$105,260,784$3,527,715$0$75,350,911
90$115,872,826$3,576,014$0$82,850,647
91$127,563,371$3,622,757$0$91,110,543
92$140,442,306$3,667,742$0$100,208,036
93$154,630,717$3,710,757$0$110,228,458
94$170,262,039$3,751,574$0$121,265,849
95$187,483,315$3,789,949$0$133,423,835
96$206,456,579$3,825,622$0$146,816,617
97$227,360,390$3,858,318$0$161,570,041
98$250,391,515$3,887,740$0$177,822,789
99$275,766,786$3,913,576$0$195,727,691
100$303,725,147$3,935,491$0$215,453,165