Can I retire at age 40 with 1,390,000?

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 $1,390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$114,785$113,762$112,765$111,791$110,841$108,603
2 years$56,824$55,766$54,740$53,746$52,781$50,536
3 years$37,507$36,444$35,421$34,435$33,487$31,305
4 years$27,850$26,790$25,777$24,809$23,883$21,781
5 years$22,057$21,004$20,004$19,056$18,155$16,139
6 years$18,196$17,151$16,166$15,239$14,366$12,438
7 years$15,440$14,403$13,434$12,529$11,683$9,844
8 years$13,374$12,346$11,393$10,510$9,692$7,941
9 years$11,767$10,750$9,813$8,952$8,162$6,498
10 years$10,483$9,475$8,555$7,717$6,955$5,375
11 years$9,433$8,435$7,532$6,716$5,981$4,485
12 years$8,558$7,571$6,684$5,891$5,183$3,768
13 years$7,819$6,842$5,972$5,201$4,520$3,183
14 years$7,186$6,219$5,366$4,617$3,962$2,701
15 years$6,637$5,681$4,845$4,117$3,489$2,301
16 years$6,158$5,213$4,392$3,687$3,083$1,967
17 years$5,736$4,801$3,997$3,312$2,734$1,685
18 years$5,361$4,436$3,649$2,985$2,431$1,447
19 years$5,025$4,111$3,340$2,697$2,167$1,245
20 years$4,724$3,820$3,065$2,443$1,935$1,073
21 years$4,452$3,559$2,820$2,217$1,732$926
22 years$4,205$3,322$2,599$2,016$1,552$800
23 years$3,979$3,107$2,399$1,836$1,393$692
24 years$3,773$2,911$2,219$1,674$1,252$599
25 years$3,584$2,732$2,055$1,529$1,127$518
26 years$3,409$2,567$1,906$1,398$1,015$449
27 years$3,248$2,416$1,770$1,280$915$390
28 years$3,098$2,277$1,646$1,173$826$338
29 years$2,959$2,148$1,531$1,075$746$293
30 years$2,829$2,028$1,426$987$674$255
31 years$2,709$1,918$1,330$906$609$221
32 years$2,595$1,814$1,241$833$551$192
33 years$2,489$1,718$1,158$766$499$167
34 years$2,390$1,628$1,082$705$452$145
35 years$2,296$1,545$1,012$649$409$126
36 years$2,208$1,466$947$597$371$110
37 years$2,124$1,392$886$551$336$95
38 years$2,046$1,323$830$507$304$83
39 years$1,971$1,258$777$468$276$72
40 years$1,900$1,197$729$432$250$63
41 years$1,833$1,140$683$398$227$55
42 years$1,770$1,085$641$367$206$48
43 years$1,709$1,034$601$339$187$41
44 years$1,652$986$565$313$170$36
45 years$1,597$940$530$289$154$31
46 years$1,544$897$498$267$140$27
47 years$1,494$856$468$247$127$24
48 years$1,447$817$440$228$115$21
49 years$1,401$780$413$211$105$18
50 years$1,357$745$388$195$95$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,390,000, adding $4,521 every year, while hoping to spend $20,513 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: 43/35/22 Blend
39$1,390,000$1,390,000$1,390,000$1,390,000
40$1,536,443$1,462,773$1,441,228$1,592,490
41$1,671,335$1,512,624$1,467,684$1,682,538
42$1,819,298$1,564,229$1,494,338$1,777,706
43$1,981,644$1,617,654$1,521,176$1,880,401
44$2,159,818$1,672,965$1,548,182$1,991,328
45$2,355,411$1,730,232$1,575,337$2,111,264
46$2,570,176$1,789,527$1,602,624$2,241,060
47$2,806,044$1,850,924$1,630,023$2,381,655
48$3,065,143$1,914,501$1,657,511$2,534,081
49$3,349,816$1,980,340$1,685,066$2,699,472
50$3,662,644$2,048,524$1,712,662$2,879,077
51$4,006,472$2,119,140$1,740,275$3,074,270
52$4,384,433$2,192,278$1,767,875$3,286,563
53$4,799,979$2,268,033$1,795,432$3,517,619
54$5,256,913$2,346,503$1,822,915$3,769,269
55$5,759,425$2,427,789$1,850,290$4,043,528
56$6,312,132$2,511,997$1,877,521$4,342,615
57$6,920,121$2,599,236$1,904,569$4,668,971
58$7,588,995$2,689,620$1,931,394$5,025,285
59$8,324,930$2,783,269$1,957,952$5,414,516
60$9,134,728$2,880,304$1,984,199$5,839,924
61$10,025,887$2,980,855$2,010,086$6,305,096
62$11,006,665$3,085,055$2,035,562$6,813,985
63$12,086,164$3,193,042$2,060,573$7,370,940
64$13,274,412$3,304,960$2,085,061$7,980,755
65$14,582,458$3,420,959$2,108,966$8,648,706
66$16,022,477$3,541,195$2,132,225$9,380,605
67$17,607,886$3,665,829$2,154,771$10,182,855
68$19,353,466$3,795,031$2,176,532$11,062,505
69$21,275,507$3,928,975$2,197,433$12,027,322
70$23,391,959$4,067,844$2,217,396$13,085,861
71$25,722,598$4,211,828$2,236,338$14,247,543
72$28,289,219$4,361,124$2,254,172$15,522,750
73$31,115,837$4,515,937$2,270,805$16,922,916
74$34,228,915$4,676,481$2,286,140$18,460,636
75$37,657,615$4,842,978$2,300,075$20,149,789
76$41,434,068$5,015,660$2,312,504$22,005,660
77$45,593,684$5,194,769$2,323,314$24,045,092
78$50,175,480$5,380,553$2,332,386$26,286,640
79$55,222,454$5,573,276$2,339,596$28,750,744
80$60,781,986$5,773,207$2,344,814$31,459,928
81$66,906,285$5,980,631$2,347,901$34,439,003
82$73,652,885$6,195,841$2,348,715$37,715,309
83$81,085,187$6,419,145$2,347,105$41,318,967
84$89,273,054$6,650,861$2,342,911$45,283,164
85$98,293,475$6,891,323$2,335,968$49,644,466
86$108,231,288$7,140,876$2,326,101$54,443,162
87$119,179,982$7,399,881$2,313,128$59,723,644
88$131,242,579$7,668,714$2,296,857$65,534,825
89$144,532,608$7,947,767$2,277,087$71,930,599
90$159,175,173$8,237,447$2,253,609$78,970,351
91$175,308,137$8,538,178$2,226,201$86,719,514
92$193,083,422$8,850,404$2,194,634$95,250,189
93$212,668,443$9,174,586$2,158,666$104,641,820
94$234,247,687$9,511,203$2,118,044$114,981,950
95$258,024,457$9,860,758$2,072,504$126,367,037
96$284,222,787$10,223,770$2,021,769$138,903,373
97$313,089,562$10,600,786$1,965,549$152,708,081
98$344,896,843$10,992,370$1,903,541$167,910,218
99$379,944,440$11,399,115$1,835,428$184,651,997
100$418,562,737$11,821,636$1,760,879$203,090,126