Can I retire at age 40 with 1,510,000?

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 $1,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$124,694$123,584$122,500$121,442$120,410$115,769
2 years$61,730$60,580$59,466$58,386$57,338$52,718
3 years$40,744$39,590$38,478$37,408$36,377$31,924
4 years$30,254$29,103$28,002$26,951$25,945$21,691
5 years$23,961$22,817$21,731$20,701$19,723$15,680
6 years$19,767$18,632$17,562$16,554$15,606$11,777
7 years$16,773$15,647$14,594$13,610$12,692$9,075
8 years$14,528$13,412$12,377$11,417$10,529$7,121
9 years$12,783$11,678$10,660$9,725$8,867$5,663
10 years$11,388$10,293$9,294$8,383$7,555$4,549
11 years$10,247$9,164$8,182$7,296$6,498$3,682
12 years$9,297$8,225$7,261$6,399$5,631$2,999
13 years$8,494$7,433$6,488$5,650$4,910$2,454
14 years$7,806$6,756$5,829$5,015$4,304$2,016
15 years$7,211$6,172$5,263$4,473$3,790$1,662
16 years$6,690$5,663$4,772$4,005$3,349$1,373
17 years$6,231$5,215$4,342$3,598$2,970$1,137
18 years$5,823$4,819$3,964$3,243$2,641$943
19 years$5,459$4,466$3,629$2,930$2,354$783
20 years$5,132$4,150$3,330$2,654$2,102$651
21 years$4,836$3,866$3,063$2,408$1,881$542
22 years$4,568$3,608$2,823$2,190$1,686$451
23 years$4,323$3,375$2,607$1,994$1,514$376
24 years$4,099$3,162$2,411$1,819$1,361$314
25 years$3,893$2,967$2,233$1,661$1,224$262
26 years$3,703$2,789$2,071$1,519$1,103$218
27 years$3,528$2,625$1,923$1,390$994$182
28 years$3,365$2,473$1,788$1,274$897$152
29 years$3,214$2,333$1,664$1,168$810$127
30 years$3,074$2,204$1,549$1,072$732$106
31 years$2,942$2,083$1,445$985$662$89
32 years$2,819$1,971$1,348$905$599$74
33 years$2,704$1,867$1,258$832$542$62
34 years$2,596$1,769$1,176$766$491$52
35 years$2,494$1,678$1,099$705$444$43
36 years$2,398$1,593$1,028$649$403$36
37 years$2,308$1,513$963$598$365$30
38 years$2,222$1,438$901$551$331$25
39 years$2,141$1,367$844$508$300$21
40 years$2,064$1,301$792$469$272$18
41 years$1,992$1,238$742$433$247$15
42 years$1,922$1,179$696$399$224$12
43 years$1,857$1,123$653$368$203$10
44 years$1,794$1,071$613$340$184$9
45 years$1,734$1,021$576$314$167$7
46 years$1,678$974$541$290$152$6
47 years$1,623$930$508$268$138$5
48 years$1,571$887$477$248$125$4
49 years$1,522$847$449$229$114$4
50 years$1,474$809$422$212$103$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,510,000, adding $2,626 every year, while hoping to spend $57,198 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: 46/47/7 Blend
39$1,510,000$1,510,000$1,510,000$1,510,000
40$1,666,729$1,586,699$1,563,294$1,740,089
41$1,775,877$1,603,589$1,554,806$1,807,727
42$1,894,241$1,619,389$1,544,117$1,874,884
43$2,022,701$1,633,987$1,531,092$1,946,400
44$2,162,224$1,647,260$1,515,591$2,022,697
45$2,313,874$1,659,079$1,497,467$2,104,240
46$2,478,823$1,669,307$1,476,565$2,191,543
47$2,658,358$1,677,798$1,452,725$2,285,177
48$2,853,896$1,684,396$1,425,777$2,385,769
49$3,066,997$1,688,935$1,395,545$2,494,017
50$3,299,378$1,691,240$1,361,842$2,610,692
51$3,552,927$1,691,124$1,324,477$2,736,643
52$3,829,724$1,688,387$1,283,245$2,872,814
53$4,132,058$1,682,820$1,237,936$3,020,246
54$4,462,449$1,674,199$1,188,328$3,180,089
55$4,823,671$1,662,287$1,134,189$3,353,617
56$5,218,778$1,646,831$1,075,276$3,542,237
57$5,651,133$1,627,566$1,011,338$3,747,503
58$6,124,439$1,604,208$942,109$3,971,134
59$6,642,775$1,576,457$867,313$4,215,031
60$7,210,631$1,543,996$786,660$4,481,292
61$7,832,953$1,506,489$699,851$4,772,237
62$8,515,187$1,463,580$606,568$5,090,428
63$9,263,331$1,414,891$506,484$5,438,698
64$10,083,994$1,360,023$399,254$5,820,173
65$10,984,452$1,298,555$284,519$6,238,310
66$11,972,721$1,230,039$161,906$6,696,925
67$13,057,631$1,154,004$31,023$7,200,232
68$14,248,909$1,069,949$0$7,752,886
69$15,557,267$977,346$0$8,368,144
70$16,994,510$875,638$0$9,046,565
71$18,573,639$764,233$0$9,792,132
72$20,308,979$642,509$0$10,611,796
73$22,216,310$509,807$0$11,513,233
74$24,313,016$365,430$0$12,504,913
75$26,618,251$208,644$0$13,596,183
76$29,153,118$38,673$0$14,797,356
77$31,940,865$0$0$16,119,815
78$35,007,107$0$0$17,651,267
79$38,380,067$0$0$19,358,109
80$42,090,839$0$0$21,236,102
81$46,173,684$0$0$23,302,609
82$50,666,350$0$0$25,576,764
83$55,610,432$0$0$28,079,647
84$61,051,758$0$0$30,834,486
85$67,040,824$0$0$33,866,876
86$73,633,271$0$0$37,205,020
87$80,890,408$0$0$40,879,991
88$88,879,789$0$0$44,926,031
89$97,675,851$0$0$49,380,871
90$107,360,617$0$0$54,286,084
91$118,024,467$0$0$59,687,482
92$129,766,991$0$0$65,635,545
93$142,697,929$0$0$72,185,900
94$156,938,207$0$0$79,399,839
95$172,621,072$0$0$87,344,906
96$189,893,358$0$0$96,095,528
97$208,916,863$0$0$105,733,719
98$229,869,878$0$0$116,349,853
99$252,948,871$0$0$128,043,519
100$278,370,337$0$0$140,924,457