Can I retire at age 40 with 1,450,000?

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$119,740$118,673$117,632$116,617$115,625$112,738
2 years$59,277$58,173$57,103$56,066$55,060$52,170
3 years$39,125$38,017$36,950$35,922$34,932$32,129
4 years$29,052$27,946$26,890$25,880$24,914$22,219
5 years$23,009$21,910$20,868$19,878$18,939$16,361
6 years$18,982$17,891$16,864$15,897$14,986$12,526
7 years$16,106$15,025$14,014$13,070$12,188$9,847
8 years$13,951$12,879$11,885$10,964$10,111$7,888
9 years$12,275$11,214$10,237$9,339$8,515$6,408
10 years$10,935$9,884$8,925$8,050$7,255$5,262
11 years$9,840$8,799$7,857$7,006$6,239$4,357
12 years$8,928$7,898$6,973$6,145$5,407$3,632
13 years$8,156$7,137$6,230$5,425$4,715$3,044
14 years$7,496$6,488$5,598$4,816$4,133$2,562
15 years$6,924$5,927$5,054$4,295$3,639$2,164
16 years$6,424$5,438$4,582$3,846$3,216$1,834
17 years$5,983$5,008$4,169$3,455$2,852$1,558
18 years$5,592$4,627$3,806$3,114$2,536$1,326
19 years$5,242$4,289$3,484$2,814$2,260$1,131
20 years$4,928$3,985$3,198$2,548$2,019$966
21 years$4,644$3,712$2,941$2,313$1,807$826
22 years$4,386$3,465$2,711$2,103$1,619$707
23 years$4,151$3,241$2,503$1,915$1,454$605
24 years$3,936$3,036$2,315$1,747$1,307$519
25 years$3,738$2,850$2,144$1,595$1,176$445
26 years$3,556$2,678$1,989$1,459$1,059$382
27 years$3,388$2,520$1,846$1,335$955$328
28 years$3,232$2,375$1,717$1,223$862$282
29 years$3,087$2,241$1,597$1,122$778$242
30 years$2,952$2,116$1,488$1,029$703$208
31 years$2,825$2,000$1,387$945$635$179
32 years$2,707$1,893$1,294$869$575$154
33 years$2,597$1,792$1,208$799$520$133
34 years$2,493$1,699$1,129$735$471$114
35 years$2,395$1,611$1,056$677$427$98
36 years$2,303$1,529$988$623$387$85
37 years$2,216$1,453$924$574$350$73
38 years$2,134$1,380$866$529$318$63
39 years$2,056$1,313$811$488$288$54
40 years$1,982$1,249$760$450$261$46
41 years$1,912$1,189$713$415$237$40
42 years$1,846$1,132$669$383$215$34
43 years$1,783$1,079$627$354$195$30
44 years$1,723$1,028$589$327$177$26
45 years$1,666$981$553$302$161$22
46 years$1,611$935$519$279$146$19
47 years$1,559$893$488$257$133$16
48 years$1,509$852$458$238$120$14
49 years$1,461$814$431$220$109$12
50 years$1,416$777$405$203$99$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,450,000, adding $2,409 every year, while hoping to spend $42,269 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: 41/36/23 Blend
39$1,450,000$1,450,000$1,450,000$1,450,000
40$1,600,385$1,523,535$1,501,060$1,655,076
41$1,718,650$1,553,214$1,506,372$1,724,169
42$1,847,562$1,582,931$1,510,444$1,794,700
43$1,988,161$1,612,643$1,513,192$1,870,197
44$2,141,595$1,642,303$1,514,525$1,951,140
45$2,309,123$1,671,862$1,514,348$2,038,058
46$2,492,136$1,701,265$1,512,561$2,131,533
47$2,692,162$1,730,455$1,509,059$2,232,211
48$2,910,884$1,759,369$1,503,734$2,340,802
49$3,150,155$1,787,939$1,496,471$2,458,090
50$3,412,017$1,816,094$1,487,148$2,584,943
51$3,698,715$1,843,756$1,475,640$2,722,316
52$4,012,725$1,870,841$1,461,815$2,871,263
53$4,356,772$1,897,260$1,445,534$3,032,951
54$4,733,856$1,922,919$1,426,653$3,208,665
55$5,147,282$1,947,715$1,405,019$3,399,823
56$5,600,690$1,971,539$1,380,472$3,607,991
57$6,098,091$1,994,274$1,352,848$3,834,897
58$6,643,899$2,015,797$1,321,972$4,082,449
59$7,242,979$2,035,974$1,287,661$4,352,750
60$7,900,690$2,054,663$1,249,724$4,648,124
61$8,622,934$2,071,715$1,207,963$4,971,132
62$9,416,212$2,086,968$1,162,169$5,324,603
63$10,287,688$2,100,251$1,112,124$5,711,656
64$11,245,251$2,111,383$1,057,599$6,135,733
65$12,297,595$2,120,168$998,356$6,600,633
66$13,454,295$2,126,402$934,147$7,110,544
67$14,725,903$2,129,866$864,711$7,670,091
68$16,124,041$2,130,326$789,775$8,284,373
69$17,661,517$2,127,535$709,056$8,959,014
70$19,352,439$2,121,232$622,257$9,700,220
71$21,212,354$2,111,138$529,068$10,514,837
72$23,258,387$2,096,957$429,165$11,410,414
73$25,509,410$2,078,375$322,210$12,395,279
74$27,986,216$2,055,062$207,850$13,478,618
75$30,711,713$2,026,663$85,716$14,670,561
76$33,711,145$1,992,807$0$15,982,281
77$37,012,324$1,953,097$0$17,437,051
78$40,645,897$1,907,114$0$19,060,669
79$44,645,631$1,854,415$0$20,847,166
80$49,048,734$1,794,530$0$22,813,176
81$53,896,205$1,726,963$0$24,977,035
82$59,233,220$1,651,186$0$27,358,953
83$65,109,558$1,566,643$0$29,981,212
84$71,580,071$1,472,747$0$32,868,371
85$78,705,200$1,368,873$0$36,047,503
86$86,551,547$1,254,365$0$39,548,451
87$95,192,501$1,128,525$0$43,404,110
88$104,708,933$990,620$0$47,650,739
89$115,189,955$839,871$0$52,328,308
90$126,733,764$675,458$0$57,480,872
91$139,448,566$496,513$0$63,156,993
92$153,453,598$302,121$0$69,410,197
93$168,880,254$91,314$0$76,299,485
94$185,873,322$0$0$83,889,887
95$204,592,353$0$0$92,307,327
96$225,213,163$0$0$101,620,076
97$247,929,496$0$0$111,879,494
98$272,954,849$0$0$123,182,039
99$300,524,490$0$0$135,634,005
100$330,897,673$0$0$149,352,524