Can I retire at age 40 with 1,360,000?

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 $1,360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$112,308$111,307$110,331$109,379$108,448$107,630
2 years$55,598$54,562$53,559$52,586$51,642$50,817
3 years$36,697$35,657$34,656$33,692$32,764$31,957
4 years$27,248$26,212$25,221$24,273$23,367$22,586
5 years$21,581$20,550$19,572$18,644$17,764$17,009
6 years$17,804$16,781$15,817$14,910$14,056$13,330
7 years$15,107$14,093$13,144$12,258$11,431$10,734
8 years$13,085$12,080$11,147$10,283$9,483$8,815
9 years$11,513$10,518$9,601$8,759$7,986$7,346
10 years$10,257$9,271$8,371$7,550$6,805$6,193
11 years$9,229$8,253$7,369$6,571$5,852$5,268
12 years$8,374$7,408$6,540$5,764$5,071$4,514
13 years$7,650$6,694$5,843$5,088$4,422$3,892
14 years$7,031$6,085$5,250$4,517$3,877$3,372
15 years$6,494$5,559$4,740$4,028$3,413$2,934
16 years$6,025$5,100$4,298$3,607$3,017$2,562
17 years$5,612$4,697$3,911$3,241$2,675$2,244
18 years$5,245$4,340$3,570$2,921$2,378$1,970
19 years$4,917$4,022$3,268$2,639$2,120$1,734
20 years$4,622$3,738$2,999$2,390$1,893$1,529
21 years$4,356$3,482$2,759$2,169$1,694$1,350
22 years$4,114$3,250$2,543$1,972$1,519$1,194
23 years$3,893$3,040$2,348$1,796$1,363$1,058
24 years$3,692$2,848$2,171$1,638$1,225$938
25 years$3,506$2,673$2,011$1,496$1,103$832
26 years$3,335$2,512$1,865$1,368$993$739
27 years$3,178$2,364$1,732$1,252$896$657
28 years$3,031$2,228$1,610$1,147$808$585
29 years$2,895$2,101$1,498$1,052$730$521
30 years$2,768$1,985$1,396$966$659$464
31 years$2,650$1,876$1,301$887$596$413
32 years$2,539$1,775$1,214$815$539$368
33 years$2,436$1,681$1,133$749$488$328
34 years$2,338$1,593$1,059$690$442$293
35 years$2,246$1,511$990$635$400$261
36 years$2,160$1,434$926$585$363$233
37 years$2,078$1,362$867$539$329$208
38 years$2,001$1,295$812$496$298$186
39 years$1,928$1,231$761$458$270$166
40 years$1,859$1,171$713$422$245$148
41 years$1,794$1,115$668$390$222$132
42 years$1,731$1,062$627$360$202$118
43 years$1,672$1,012$588$332$183$106
44 years$1,616$964$552$306$166$95
45 years$1,562$920$519$283$151$84
46 years$1,511$877$487$261$137$76
47 years$1,462$837$458$242$124$68
48 years$1,415$799$430$223$113$60
49 years$1,371$763$404$206$103$54
50 years$1,328$729$380$191$93$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,360,000, adding $5,174 every year, while hoping to spend $24,143 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: 56/36/8 Blend
39$1,360,000$1,360,000$1,360,000$1,360,000
40$1,504,057$1,431,977$1,410,897$1,585,195
41$1,631,783$1,476,456$1,432,474$1,685,001
42$1,771,728$1,522,305$1,453,965$1,790,518
43$1,925,112$1,569,566$1,475,341$1,904,854
44$2,093,281$1,618,282$1,496,572$2,028,853
45$2,277,714$1,668,497$1,517,626$2,163,444
46$2,480,044$1,720,257$1,538,470$2,309,646
47$2,702,067$1,773,608$1,559,067$2,468,585
48$2,945,762$1,828,598$1,579,379$2,641,495
49$3,213,308$1,885,277$1,599,367$2,829,738
50$3,507,106$1,943,697$1,618,987$3,034,811
51$3,829,802$2,003,910$1,638,194$3,258,363
52$4,184,310$2,065,969$1,656,942$3,502,208
53$4,573,840$2,129,932$1,675,179$3,768,345
54$5,001,927$2,195,854$1,692,854$4,058,974
55$5,472,469$2,263,796$1,709,909$4,376,516
56$5,989,756$2,333,818$1,726,287$4,723,639
57$6,558,519$2,405,982$1,741,925$5,103,278
58$7,183,966$2,480,354$1,756,757$5,518,669
59$7,871,838$2,556,998$1,770,716$5,973,373
60$8,628,458$2,635,984$1,783,728$6,471,312
61$9,460,796$2,717,382$1,795,718$7,016,807
62$10,376,527$2,801,264$1,806,604$7,614,617
63$11,384,110$2,887,704$1,816,303$8,269,982
64$12,492,867$2,976,778$1,824,726$8,988,676
65$13,713,065$3,068,566$1,831,780$9,777,059
66$15,056,020$3,163,148$1,837,367$10,642,135
67$16,534,199$3,260,607$1,841,384$11,591,622
68$18,161,340$3,361,030$1,843,724$12,634,021
69$19,952,580$3,464,504$1,844,272$13,778,697
70$21,924,599$3,571,120$1,842,910$15,035,968
71$24,095,774$3,680,971$1,839,514$16,417,201
72$26,486,357$3,794,153$1,833,952$17,934,919
73$29,118,664$3,910,765$1,826,088$19,602,919
74$32,017,283$4,030,907$1,815,777$21,436,402
75$35,209,309$4,154,685$1,802,868$23,452,115
76$38,724,599$4,282,205$1,787,205$25,668,513
77$42,596,053$4,413,578$1,768,621$28,105,925
78$46,859,924$4,548,917$1,746,943$30,786,753
79$51,556,160$4,688,338$1,721,990$33,735,680
80$56,728,783$4,831,961$1,693,572$36,979,901
81$62,426,301$4,979,910$1,661,489$40,549,382
82$68,702,169$5,132,310$1,625,533$44,477,142
83$75,615,289$5,289,292$1,585,487$48,799,562
84$83,230,570$5,450,989$1,541,123$53,556,730
85$91,619,540$5,617,539$1,492,202$58,792,820
86$100,861,017$5,789,083$1,438,475$64,556,505
87$111,041,858$5,965,765$1,379,681$70,901,420
88$122,257,775$6,147,734$1,315,548$77,886,663
89$134,614,239$6,335,144$1,245,789$85,577,360
90$148,227,476$6,528,152$1,170,109$94,045,269
91$163,225,566$6,726,918$1,088,194$103,369,465
92$179,749,645$6,931,609$999,721$113,637,085
93$197,955,246$7,142,394$904,348$124,944,146
94$218,013,758$7,359,449$801,721$137,396,452
95$240,114,052$7,582,952$691,469$151,110,598
96$264,464,256$7,813,088$573,204$166,215,061
97$291,293,727$8,050,046$446,523$182,851,420
98$320,855,208$8,294,019$311,002$201,175,686
99$353,427,220$8,545,207$166,202$221,359,780
100$389,316,688$8,803,813$11,661$243,593,150