Can I retire at age 40 with 1,330,000?

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 $1,330,000?

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$109,830$108,852$107,897$106,966$106,056$102,991
2 years$54,371$53,359$52,377$51,426$50,503$47,440
3 years$35,888$34,871$33,892$32,949$32,041$29,075
4 years$26,647$25,634$24,664$23,738$22,852$20,006
5 years$21,105$20,097$19,141$18,233$17,372$14,654
6 years$17,411$16,411$15,468$14,581$13,746$11,158
7 years$14,773$13,782$12,854$11,988$11,179$8,722
8 years$12,796$11,813$10,902$10,056$9,274$6,946
9 years$11,259$10,286$9,389$8,566$7,810$5,609
10 years$10,030$9,066$8,186$7,384$6,655$4,577
11 years$9,026$8,071$7,207$6,426$5,723$3,765
12 years$8,189$7,244$6,396$5,637$4,960$3,118
13 years$7,481$6,547$5,714$4,976$4,325$2,596
14 years$6,876$5,951$5,134$4,417$3,791$2,170
15 years$6,351$5,436$4,636$3,939$3,338$1,820
16 years$5,892$4,988$4,203$3,527$2,950$1,531
17 years$5,488$4,593$3,824$3,169$2,616$1,291
18 years$5,129$4,244$3,491$2,856$2,326$1,091
19 years$4,809$3,934$3,196$2,581$2,073$923
20 years$4,520$3,655$2,933$2,337$1,852$783
21 years$4,260$3,405$2,698$2,121$1,657$664
22 years$4,023$3,178$2,487$1,929$1,485$564
23 years$3,808$2,973$2,296$1,757$1,333$479
24 years$3,610$2,785$2,123$1,602$1,198$408
25 years$3,429$2,614$1,967$1,463$1,078$347
26 years$3,262$2,457$1,824$1,338$971$295
27 years$3,107$2,312$1,694$1,225$876$252
28 years$2,964$2,178$1,574$1,122$790$215
29 years$2,831$2,055$1,465$1,029$714$183
30 years$2,707$1,941$1,365$944$645$156
31 years$2,592$1,835$1,272$867$583$133
32 years$2,483$1,736$1,187$797$527$113
33 years$2,382$1,644$1,108$733$477$97
34 years$2,287$1,558$1,036$674$432$83
35 years$2,197$1,478$968$621$391$70
36 years$2,112$1,403$906$572$355$60
37 years$2,033$1,332$848$527$321$51
38 years$1,957$1,266$794$486$291$44
39 years$1,886$1,204$744$448$264$37
40 years$1,818$1,146$697$413$240$32
41 years$1,754$1,090$654$381$217$27
42 years$1,693$1,038$613$352$197$23
43 years$1,635$989$575$325$179$20
44 years$1,580$943$540$300$163$17
45 years$1,528$899$507$277$148$14
46 years$1,478$858$476$256$134$12
47 years$1,430$819$448$236$122$11
48 years$1,384$782$421$218$110$9
49 years$1,340$746$395$202$100$8
50 years$1,299$713$372$186$91$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,330,000, adding $3,606 every year, while hoping to spend $34,087 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: 70/15/15 Blend
39$1,330,000$1,330,000$1,330,000$1,330,000
40$1,469,380$1,398,890$1,378,275$1,566,950
41$1,582,988$1,431,167$1,388,178$1,664,552
42$1,707,042$1,463,883$1,397,272$1,766,900
43$1,842,571$1,497,024$1,405,491$1,878,035
44$1,990,709$1,530,574$1,412,770$1,998,818
45$2,152,702$1,564,513$1,419,040$2,130,197
46$2,329,926$1,598,823$1,424,225$2,273,218
47$2,523,892$1,633,479$1,428,251$2,429,033
48$2,736,267$1,668,457$1,431,035$2,598,910
49$2,968,885$1,703,730$1,432,493$2,784,246
50$3,223,765$1,739,267$1,432,536$2,986,582
51$3,503,133$1,775,035$1,431,070$3,207,614
52$3,809,439$1,810,998$1,427,997$3,449,211
53$4,145,381$1,847,116$1,423,214$3,713,433
54$4,513,931$1,883,346$1,416,613$4,002,549
55$4,918,364$1,919,642$1,408,081$4,319,060
56$5,362,286$1,955,952$1,397,500$4,665,722
57$5,849,668$1,992,223$1,384,746$5,045,571
58$6,384,886$2,028,394$1,369,687$5,461,953
59$6,972,762$2,064,403$1,352,188$5,918,555
60$7,618,604$2,100,179$1,332,107$6,419,441
61$8,328,262$2,135,648$1,309,294$6,969,089
62$9,108,181$2,170,732$1,283,591$7,572,432
63$9,965,461$2,205,343$1,254,837$8,234,910
64$10,907,923$2,239,390$1,222,859$8,962,514
65$11,944,185$2,272,773$1,187,478$9,761,850
66$13,083,740$2,305,388$1,148,508$10,640,195
67$14,337,050$2,337,120$1,105,751$11,605,570
68$15,715,638$2,367,848$1,059,002$12,666,816
69$17,232,203$2,397,442$1,008,049$13,833,672
70$18,900,735$2,425,764$952,666$15,116,877
71$20,736,649$2,452,665$892,619$16,528,260
72$22,756,929$2,477,988$827,664$18,080,862
73$24,980,290$2,501,564$757,544$19,789,052
74$27,427,352$2,523,212$681,994$21,668,668
75$30,120,834$2,542,742$600,734$23,737,162
76$33,085,773$2,559,950$513,472$26,013,770
77$36,349,752$2,574,618$419,903$28,519,690
78$39,943,168$2,586,516$319,712$31,278,283
79$43,899,514$2,595,397$212,564$34,315,297
80$48,255,694$2,601,002$98,115$37,659,105
81$53,052,375$2,603,051$0$41,340,977
82$58,334,367$2,601,251$0$45,399,221
83$64,151,048$2,595,288$0$49,884,981
84$70,556,828$2,584,830$0$54,824,454
85$77,611,662$2,569,524$0$60,263,836
86$85,381,617$2,548,996$0$66,254,031
87$93,939,495$2,522,850$0$72,851,135
88$103,365,519$2,490,665$0$80,116,966
89$113,748,089$2,451,995$0$88,119,646
90$125,184,619$2,406,367$0$96,934,245
91$137,782,453$2,353,282$0$106,643,490
92$151,659,880$2,292,209$0$117,338,543
93$166,947,248$2,222,588$0$129,119,868
94$183,788,196$2,143,824$0$142,098,174
95$202,341,010$2,055,289$0$156,395,462
96$222,780,113$1,956,318$0$172,146,178
97$245,297,714$1,846,207$0$189,498,482
98$270,105,623$1,724,213$0$208,615,645
99$297,437,245$1,589,549$0$229,677,592
100$327,549,791$1,441,383$0$252,882,604