Can I retire at age 40 with 1,410,000?

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$116,436$115,399$114,387$113,400$112,435$108,880
2 years$57,642$56,568$55,528$54,519$53,541$49,991
3 years$38,046$36,968$35,930$34,931$33,968$30,535
4 years$28,250$27,175$26,148$25,166$24,227$20,937
5 years$22,374$21,306$20,292$19,330$18,417$15,279
6 years$18,458$17,398$16,399$15,458$14,572$11,590
7 years$15,662$14,611$13,628$12,709$11,851$9,023
8 years$13,566$12,524$11,557$10,661$9,832$7,156
9 years$11,937$10,904$9,954$9,081$8,280$5,754
10 years$10,634$9,612$8,678$7,828$7,055$4,675
11 years$9,569$8,557$7,640$6,813$6,067$3,829
12 years$8,681$7,680$6,781$5,976$5,258$3,156
13 years$7,931$6,941$6,058$5,276$4,585$2,615
14 years$7,289$6,309$5,443$4,683$4,019$2,175
15 years$6,733$5,763$4,914$4,176$3,539$1,816
16 years$6,247$5,288$4,456$3,740$3,128$1,520
17 years$5,818$4,870$4,054$3,360$2,773$1,275
18 years$5,438$4,500$3,701$3,028$2,466$1,072
19 years$5,098$4,170$3,388$2,736$2,198$902
20 years$4,792$3,875$3,110$2,478$1,963$761
21 years$4,516$3,610$2,860$2,249$1,757$642
22 years$4,265$3,370$2,636$2,045$1,575$542
23 years$4,037$3,151$2,434$1,862$1,414$458
24 years$3,827$2,953$2,251$1,698$1,270$388
25 years$3,635$2,771$2,085$1,551$1,143$328
26 years$3,458$2,604$1,934$1,418$1,030$278
27 years$3,294$2,451$1,796$1,298$928$235
28 years$3,143$2,309$1,669$1,189$838$199
29 years$3,002$2,179$1,553$1,091$756$169
30 years$2,870$2,058$1,447$1,001$684$143
31 years$2,747$1,945$1,349$919$618$122
32 years$2,633$1,840$1,259$845$559$103
33 years$2,525$1,743$1,175$777$506$87
34 years$2,424$1,652$1,098$715$458$74
35 years$2,329$1,567$1,026$658$415$63
36 years$2,239$1,487$960$606$376$53
37 years$2,155$1,412$899$558$341$45
38 years$2,075$1,342$842$515$309$38
39 years$1,999$1,276$789$475$280$33
40 years$1,928$1,214$739$438$254$28
41 years$1,860$1,156$693$404$230$23
42 years$1,795$1,101$650$373$209$20
43 years$1,734$1,049$610$344$190$17
44 years$1,675$1,000$573$318$172$14
45 years$1,620$953$538$293$156$12
46 years$1,566$910$505$271$142$10
47 years$1,516$868$474$250$129$9
48 years$1,467$829$446$231$117$7
49 years$1,421$791$419$214$106$6
50 years$1,377$756$394$198$97$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,410,000, adding $2,363 every year, while hoping to spend $47,961 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: 56/30/14 Blend
39$1,410,000$1,410,000$1,410,000$1,410,000
40$1,556,257$1,481,527$1,459,672$1,637,648
41$1,663,966$1,503,092$1,457,541$1,714,685
42$1,781,052$1,524,106$1,453,731$1,793,127
43$1,908,424$1,544,492$1,448,136$1,877,463
44$2,047,077$1,564,166$1,440,642$1,968,267
45$2,198,109$1,583,040$1,431,134$2,066,170
46$2,362,726$1,601,019$1,419,487$2,171,871
47$2,542,257$1,618,002$1,405,572$2,286,138
48$2,738,164$1,633,880$1,389,256$2,409,821
49$2,952,057$1,648,540$1,370,396$2,543,855
50$3,185,706$1,661,858$1,348,843$2,689,275
51$3,441,063$1,673,704$1,324,444$2,847,221
52$3,720,273$1,683,938$1,297,035$3,018,950
53$4,025,703$1,692,412$1,266,448$3,205,851
54$4,359,954$1,698,970$1,232,503$3,409,454
55$4,725,893$1,703,443$1,195,015$3,631,450
56$5,126,676$1,705,654$1,153,791$3,873,703
57$5,565,780$1,705,413$1,108,625$4,138,267
58$6,047,031$1,702,521$1,059,306$4,427,413
59$6,574,648$1,696,763$1,005,612$4,743,643
60$7,153,271$1,687,914$947,310$5,089,718
61$7,788,017$1,675,734$884,157$5,468,683
62$8,484,518$1,659,968$815,899$5,883,898
63$9,248,978$1,640,346$742,271$6,339,070
64$10,088,234$1,616,583$662,997$6,838,286
65$11,009,813$1,588,375$577,787$7,386,056
66$12,022,009$1,555,401$486,338$7,987,353
67$13,133,959$1,517,320$388,336$8,647,663
68$14,355,728$1,473,774$283,450$9,373,036
69$15,698,403$1,424,380$171,336$10,170,146
70$17,174,201$1,368,735$51,637$11,046,353
71$18,796,579$1,306,412$0$12,009,772
72$20,580,363$1,236,960$0$13,080,725
73$22,541,889$1,159,900$0$14,266,685
74$24,699,154$1,074,727$0$15,570,877
75$27,071,987$980,908$0$17,005,370
76$29,682,235$877,878$0$18,583,467
77$32,553,969$765,039$0$20,319,837
78$35,713,710$641,762$0$22,230,646
79$39,190,680$507,381$0$24,333,719
80$43,017,078$361,191$0$26,648,704
81$47,228,381$202,450$0$29,197,260
82$51,863,678$30,373$0$32,003,263
83$56,966,043$0$0$35,093,033
84$62,582,935$0$0$38,547,039
85$68,766,651$0$0$42,360,798
86$75,574,814$0$0$46,559,842
87$83,070,920$0$0$51,183,354
88$91,324,933$0$0$56,274,508
89$100,413,951$0$0$61,880,878
90$110,422,925$0$0$68,054,889
91$121,445,467$0$0$74,854,307
92$133,584,730$0$0$82,342,788
93$146,954,381$0$0$90,590,473
94$161,679,671$0$0$99,674,657
95$177,898,624$0$0$109,680,512
96$195,763,330$0$0$120,701,895
97$215,441,386$0$0$132,842,228
98$237,117,476$0$0$146,215,481
99$260,995,109$0$0$160,947,241
100$287,298,549$0$0$177,175,901