Can I retire at age 40 with 1,400,000?

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$115,611$114,581$113,576$112,596$111,638$110,888
2 years$57,233$56,167$55,134$54,132$53,161$52,405
3 years$37,776$36,706$35,675$34,683$33,727$32,988
4 years$28,050$26,983$25,963$24,987$24,055$23,338
5 years$22,216$21,155$20,148$19,193$18,286$17,594
6 years$18,327$17,274$16,283$15,349$14,469$13,803
7 years$15,551$14,507$13,531$12,619$11,767$11,127
8 years$13,470$12,435$11,475$10,586$9,762$9,148
9 years$11,852$10,827$9,884$9,017$8,221$7,633
10 years$10,558$9,544$8,617$7,772$7,005$6,442
11 years$9,501$8,496$7,586$6,764$6,024$5,487
12 years$8,620$7,626$6,732$5,933$5,221$4,708
13 years$7,875$6,891$6,015$5,238$4,552$4,064
14 years$7,237$6,264$5,405$4,650$3,991$3,526
15 years$6,685$5,722$4,880$4,147$3,514$3,072
16 years$6,203$5,250$4,424$3,713$3,105$2,686
17 years$5,777$4,835$4,026$3,336$2,753$2,355
18 years$5,399$4,468$3,675$3,007$2,448$2,071
19 years$5,062$4,141$3,364$2,717$2,182$1,825
20 years$4,758$3,848$3,088$2,460$1,949$1,612
21 years$4,484$3,584$2,840$2,233$1,744$1,426
22 years$4,235$3,346$2,617$2,030$1,563$1,263
23 years$4,008$3,129$2,417$1,849$1,403$1,120
24 years$3,800$2,932$2,235$1,686$1,261$995
25 years$3,609$2,751$2,070$1,540$1,135$884
26 years$3,434$2,586$1,920$1,408$1,022$787
27 years$3,271$2,434$1,783$1,289$922$701
28 years$3,120$2,293$1,657$1,181$832$624
29 years$2,980$2,163$1,542$1,083$751$557
30 years$2,850$2,043$1,437$994$679$496
31 years$2,728$1,931$1,339$913$614$443
32 years$2,614$1,827$1,250$839$555$396
33 years$2,507$1,731$1,167$771$502$353
34 years$2,407$1,640$1,090$710$455$316
35 years$2,312$1,556$1,019$653$412$282
36 years$2,224$1,477$953$602$373$252
37 years$2,140$1,402$892$554$338$226
38 years$2,060$1,333$836$511$307$202
39 years$1,985$1,267$783$471$278$181
40 years$1,914$1,206$734$435$252$162
41 years$1,847$1,148$688$401$229$145
42 years$1,782$1,093$646$370$208$129
43 years$1,721$1,042$606$342$188$116
44 years$1,663$993$569$315$171$104
45 years$1,608$947$534$291$155$93
46 years$1,555$903$501$269$141$83
47 years$1,505$862$471$249$128$74
48 years$1,457$823$443$230$116$67
49 years$1,411$786$416$212$106$60
50 years$1,367$751$391$196$96$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,400,000, adding $3,697 every year, while hoping to spend $52,606 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: 74/7/19 Blend
39$1,400,000$1,400,000$1,400,000$1,400,000
40$1,546,613$1,472,413$1,450,713$1,653,896
41$1,648,396$1,488,589$1,443,340$1,741,735
42$1,758,797$1,503,795$1,433,956$1,831,189
43$1,878,640$1,517,926$1,422,440$1,927,850
44$2,008,831$1,530,875$1,408,661$2,032,424
45$2,150,366$1,542,522$1,392,486$2,145,687
46$2,304,342$1,552,745$1,373,773$2,268,498
47$2,471,965$1,561,409$1,352,375$2,401,801
48$2,654,562$1,568,375$1,328,136$2,546,638
49$2,853,593$1,573,490$1,300,894$2,704,156
50$3,070,665$1,576,597$1,270,480$2,875,623
51$3,307,548$1,577,526$1,236,716$3,062,433
52$3,566,189$1,576,096$1,199,417$3,266,126
53$3,848,731$1,572,115$1,158,388$3,488,396
54$4,157,535$1,565,382$1,113,427$3,731,114
55$4,495,197$1,555,679$1,064,321$3,996,341
56$4,864,580$1,542,780$1,010,848$4,286,349
57$5,268,832$1,526,441$952,776$4,603,645
58$5,711,422$1,506,406$889,863$4,950,990
59$6,196,168$1,482,401$821,855$5,331,429
60$6,727,278$1,454,140$748,488$5,748,319
61$7,309,383$1,421,315$669,484$6,205,361
62$7,947,583$1,383,603$584,556$6,706,634
63$8,647,499$1,340,661$493,400$7,256,637
64$9,415,317$1,292,127$395,703$7,860,327
65$10,257,855$1,237,617$291,135$8,523,170
66$11,182,621$1,176,724$179,352$9,251,193
67$12,197,884$1,109,020$59,996$10,051,037
68$13,312,755$1,034,048$0$10,930,026
69$14,537,269$951,330$0$11,909,890
70$15,882,482$860,357$0$12,999,738
71$17,360,573$760,592$0$14,197,284
72$18,984,959$651,468$0$15,513,429
73$20,770,420$532,386$0$16,960,180
74$22,733,242$402,712$0$18,550,772
75$24,891,365$261,778$0$20,299,784
76$27,264,556$108,876$0$22,223,284
77$29,874,592$0$0$24,338,975
78$32,745,467$0$0$26,670,736
79$35,903,616$0$0$29,245,119
80$39,378,167$0$0$32,077,489
81$43,201,213$0$0$35,194,015
82$47,408,113$0$0$38,623,533
83$52,037,828$0$0$42,397,813
84$57,133,289$0$0$46,551,862
85$62,741,795$0$0$51,124,253
86$68,915,468$0$0$56,157,487
87$75,711,738$0$0$61,698,395
88$83,193,883$0$0$67,798,580
89$91,431,633$0$0$74,514,903
90$100,501,821$0$0$81,910,018
91$110,489,110$0$0$90,052,965
92$121,486,789$0$0$99,019,818
93$133,597,656$0$0$108,894,406
94$146,934,987$0$0$119,769,101
95$161,623,603$0$0$131,745,690
96$177,801,047$0$0$144,936,335
97$195,618,883$0$0$159,464,633
98$215,244,125$0$0$175,466,778
99$236,860,813$0$0$193,092,849
100$260,671,751$0$0$212,508,226