Can I retire at age 40 with 1,430,000?

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$118,088$117,036$116,010$115,008$114,030$113,217
2 years$58,459$57,371$56,316$55,292$54,300$53,480
3 years$38,586$37,492$36,440$35,426$34,450$33,648
4 years$28,651$27,561$26,519$25,523$24,570$23,793
5 years$22,692$21,608$20,580$19,604$18,678$17,928
6 years$18,720$17,645$16,631$15,677$14,779$14,057
7 years$15,884$14,818$13,821$12,889$12,019$11,326
8 years$13,758$12,702$11,721$10,812$9,971$9,306
9 years$12,106$11,059$10,095$9,210$8,397$7,760
10 years$10,785$9,748$8,801$7,939$7,155$6,546
11 years$9,704$8,678$7,749$6,909$6,153$5,572
12 years$8,805$7,789$6,877$6,060$5,332$4,778
13 years$8,044$7,039$6,144$5,350$4,650$4,121
14 years$7,393$6,398$5,520$4,749$4,076$3,573
15 years$6,828$5,845$4,984$4,236$3,589$3,111
16 years$6,335$5,363$4,519$3,793$3,172$2,718
17 years$5,901$4,939$4,112$3,408$2,812$2,382
18 years$5,515$4,564$3,754$3,071$2,501$2,093
19 years$5,170$4,230$3,436$2,775$2,229$1,844
20 years$4,860$3,930$3,154$2,513$1,991$1,627
21 years$4,580$3,661$2,901$2,281$1,782$1,438
22 years$4,326$3,417$2,674$2,074$1,597$1,273
23 years$4,094$3,196$2,469$1,889$1,434$1,128
24 years$3,882$2,995$2,283$1,723$1,289$1,001
25 years$3,687$2,810$2,114$1,573$1,159$889
26 years$3,507$2,641$1,961$1,438$1,044$790
27 years$3,341$2,486$1,821$1,317$942$703
28 years$3,187$2,342$1,693$1,206$850$626
29 years$3,044$2,210$1,575$1,106$767$558
30 years$2,911$2,087$1,467$1,015$693$497
31 years$2,786$1,973$1,368$932$627$443
32 years$2,670$1,867$1,276$857$567$396
33 years$2,561$1,768$1,192$788$513$353
34 years$2,458$1,675$1,114$725$465$315
35 years$2,362$1,589$1,041$667$421$281
36 years$2,271$1,508$974$615$381$251
37 years$2,185$1,432$912$566$346$225
38 years$2,104$1,361$854$522$313$201
39 years$2,028$1,295$800$481$284$179
40 years$1,955$1,232$750$444$258$160
41 years$1,886$1,172$703$410$234$143
42 years$1,821$1,117$659$378$212$128
43 years$1,758$1,064$619$349$192$115
44 years$1,699$1,014$581$322$175$103
45 years$1,643$967$545$298$159$92
46 years$1,589$922$512$275$144$82
47 years$1,537$880$481$254$131$73
48 years$1,488$840$452$235$119$66
49 years$1,441$803$425$217$108$59
50 years$1,396$767$400$200$98$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,430,000, adding $2,375 every year, while hoping to spend $34,083 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: 50/30/20 Blend
39$1,430,000$1,430,000$1,430,000$1,430,000
40$1,578,310$1,502,520$1,480,355$1,648,304
41$1,703,033$1,539,879$1,493,683$1,734,341
42$1,839,336$1,577,927$1,506,315$1,824,111
43$1,988,364$1,616,661$1,518,192$1,920,955
44$2,151,377$1,656,077$1,529,251$2,025,554
45$2,329,764$1,696,171$1,539,427$2,138,657
46$2,525,053$1,736,936$1,548,651$2,261,090
47$2,738,927$1,778,365$1,556,850$2,393,764
48$2,973,241$1,820,448$1,563,947$2,537,681
49$3,230,035$1,863,174$1,569,863$2,693,946
50$3,511,559$1,906,530$1,574,514$2,863,777
51$3,820,287$1,950,499$1,577,810$3,048,514
52$4,158,949$1,995,066$1,579,658$3,249,636
53$4,530,547$2,040,209$1,579,962$3,468,773
54$4,938,391$2,085,908$1,578,619$3,707,718
55$5,386,125$2,132,135$1,575,521$3,968,451
56$5,877,765$2,178,865$1,570,556$4,253,152
57$6,417,733$2,226,065$1,563,605$4,564,223
58$7,010,901$2,273,702$1,554,546$4,904,313
59$7,662,637$2,321,738$1,543,248$5,276,342
60$8,378,854$2,370,131$1,529,574$5,683,525
61$9,166,066$2,418,836$1,513,384$6,129,409
62$10,031,450$2,467,804$1,494,527$6,617,901
63$10,982,911$2,516,980$1,472,847$7,153,310
64$12,029,162$2,566,306$1,448,181$7,740,382
65$13,179,799$2,615,717$1,420,358$8,384,350
66$14,445,396$2,665,146$1,389,198$9,090,983
67$15,837,604$2,714,515$1,354,514$9,866,636
68$17,369,259$2,763,745$1,316,109$10,718,318
69$19,054,503$2,812,749$1,273,778$11,653,750
70$20,908,920$2,861,431$1,227,308$12,681,446
71$22,949,680$2,909,691$1,176,472$13,810,787
72$25,195,700$2,957,419$1,121,037$15,052,116
73$27,667,827$3,004,498$1,060,757$16,416,830
74$30,389,029$3,050,802$995,377$17,917,493
75$33,384,615$3,096,197$924,627$19,567,953
76$36,682,472$3,140,536$848,227$21,383,471
77$40,313,328$3,183,666$765,887$23,380,871
78$44,311,042$3,225,421$677,299$25,578,693
79$48,712,924$3,265,622$582,144$27,997,374
80$53,560,087$3,304,082$480,090$30,659,438
81$58,897,831$3,340,597$370,788$33,589,710
82$64,776,075$3,374,951$253,875$36,815,554
83$71,249,826$3,406,915$128,971$40,367,127
84$78,379,697$3,436,243$0$44,277,669
85$86,232,480$3,462,673$0$48,584,737
86$94,881,776$3,485,927$0$53,357,216
87$104,408,688$3,505,708$0$58,612,150
88$114,902,588$3,521,702$0$64,398,683
89$126,461,958$3,533,571$0$70,770,972
90$139,195,322$3,540,960$0$77,788,701
91$153,222,267$3,543,490$0$85,517,643
92$168,674,576$3,540,758$0$94,030,282
93$185,697,464$3,532,337$0$103,406,498
94$204,450,957$3,517,773$0$113,734,319
95$225,111,395$3,496,584$0$125,110,758
96$247,873,100$3,468,260$0$137,642,726
97$272,950,210$3,432,259$0$151,448,039
98$300,578,699$3,388,006$0$166,656,539
99$331,018,601$3,334,894$0$183,411,312
100$364,556,471$3,272,276$0$201,870,045