Can I retire at age 40 with 1,530,000?

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 $1,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$126,346$125,221$124,123$123,051$122,004$121,235
2 years$62,548$61,383$60,254$59,159$58,097$57,322
3 years$41,284$40,114$38,988$37,904$36,859$36,101
4 years$30,655$29,488$28,373$27,308$26,288$25,553
5 years$24,278$23,119$22,019$20,975$19,984$19,274
6 years$20,029$18,878$17,795$16,774$15,813$15,129
7 years$16,995$15,854$14,787$13,791$12,860$12,203
8 years$14,721$13,590$12,541$11,569$10,669$10,038
9 years$12,952$11,832$10,801$9,854$8,984$8,381
10 years$11,539$10,430$9,417$8,494$7,655$7,077
11 years$10,383$9,285$8,291$7,392$6,584$6,032
12 years$9,420$8,334$7,358$6,484$5,705$5,178
13 years$8,606$7,531$6,574$5,725$4,975$4,473
14 years$7,910$6,846$5,906$5,082$4,361$3,883
15 years$7,306$6,254$5,333$4,532$3,840$3,385
16 years$6,778$5,738$4,835$4,058$3,394$2,962
17 years$6,313$5,284$4,399$3,646$3,009$2,600
18 years$5,901$4,883$4,016$3,286$2,676$2,287
19 years$5,532$4,525$3,677$2,969$2,385$2,017
20 years$5,200$4,205$3,374$2,689$2,130$1,783
21 years$4,900$3,917$3,104$2,440$1,906$1,578
22 years$4,628$3,656$2,860$2,219$1,709$1,399
23 years$4,380$3,420$2,641$2,021$1,534$1,242
24 years$4,153$3,204$2,443$1,843$1,379$1,104
25 years$3,945$3,007$2,262$1,683$1,241$982
26 years$3,752$2,826$2,098$1,539$1,117$874
27 years$3,575$2,660$1,948$1,409$1,007$779
28 years$3,410$2,506$1,811$1,291$909$695
29 years$3,257$2,364$1,686$1,184$821$620
30 years$3,114$2,233$1,570$1,086$742$553
31 years$2,981$2,111$1,464$998$671$494
32 years$2,857$1,997$1,366$917$607$442
33 years$2,740$1,891$1,275$843$549$395
34 years$2,630$1,793$1,191$776$497$353
35 years$2,527$1,700$1,114$714$450$316
36 years$2,430$1,614$1,042$658$408$283
37 years$2,338$1,533$975$606$370$253
38 years$2,252$1,457$913$559$335$226
39 years$2,170$1,385$856$515$304$203
40 years$2,092$1,318$802$475$276$182
41 years$2,018$1,254$752$438$250$163
42 years$1,948$1,195$705$404$227$146
43 years$1,881$1,138$662$373$206$130
44 years$1,818$1,085$621$345$187$117
45 years$1,757$1,035$583$318$170$105
46 years$1,700$987$548$294$154$94
47 years$1,645$942$515$272$140$84
48 years$1,592$899$484$251$127$75
49 years$1,542$859$455$232$115$68
50 years$1,494$820$428$214$105$61

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,530,000, adding $3,256 every year, while hoping to spend $59,913 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: 46/49/5 Blend
39$1,530,000$1,530,000$1,530,000$1,530,000
40$1,689,419$1,608,329$1,584,614$1,764,738
41$1,797,992$1,623,390$1,573,951$1,831,839
42$1,915,633$1,637,181$1,560,924$1,898,035
43$2,043,201$1,649,576$1,545,388$1,968,421
44$2,181,644$1,660,443$1,527,196$2,043,401
45$2,332,006$1,669,638$1,506,190$2,123,423
46$2,495,430$1,677,010$1,482,208$2,208,981
47$2,673,179$1,682,399$1,455,077$2,300,624
48$2,866,640$1,685,633$1,424,619$2,398,957
49$3,077,339$1,686,531$1,390,645$2,504,652
50$3,306,956$1,684,899$1,352,960$2,618,450
51$3,557,339$1,680,532$1,311,357$2,741,172
52$3,830,523$1,673,214$1,265,623$2,873,729
53$4,128,747$1,662,712$1,215,533$3,017,123
54$4,454,477$1,648,783$1,160,851$3,172,468
55$4,810,426$1,631,166$1,101,331$3,340,993
56$5,199,582$1,609,585$1,036,719$3,524,057
57$5,625,234$1,583,750$966,744$3,723,166
58$6,091,005$1,553,351$891,126$3,939,980
59$6,600,882$1,518,059$809,574$4,176,340
60$7,159,258$1,477,530$721,780$4,434,277
61$7,770,968$1,431,394$627,425$4,716,038
62$8,441,338$1,379,265$526,176$5,024,106
63$9,176,235$1,320,729$417,683$5,361,226
64$9,982,118$1,255,352$301,583$5,730,429
65$10,866,104$1,182,674$177,496$6,135,067
66$11,836,030$1,102,208$45,025$6,578,842
67$12,900,527$1,013,439$0$7,065,846
68$14,069,106$915,822$0$7,605,736
69$15,352,241$808,784$0$8,201,260
70$16,761,470$691,715$0$8,855,552
71$18,309,504$563,973$0$9,574,725
72$20,010,347$424,881$0$10,365,528
73$21,879,424$273,721$0$11,235,412
74$23,933,729$109,737$0$12,192,605
75$26,191,985$0$0$13,246,185
76$28,674,819$0$0$14,442,771
77$31,404,957$0$0$15,823,801
78$34,407,436$0$0$17,342,794
79$37,709,842$0$0$19,013,730
80$41,342,568$0$0$20,852,014
81$45,339,101$0$0$22,874,618
82$49,736,338$0$0$25,100,242
83$54,574,931$0$0$27,549,490
84$59,899,674$0$0$30,245,066
85$65,759,920$0$0$33,211,985
86$72,210,052$0$0$36,477,811
87$79,309,990$0$0$40,072,913
88$87,125,758$0$0$44,030,759
89$95,730,109$0$0$48,388,223
90$105,203,205$0$0$53,185,938
91$115,633,379$0$0$58,468,676
92$127,117,963$0$0$64,285,773
93$139,764,209$0$0$70,691,593
94$153,690,299$0$0$77,746,039
95$169,026,460$0$0$85,515,122
96$185,916,191$0$0$94,071,580
97$204,517,619$0$0$103,495,565
98$225,004,989$0$0$113,875,400
99$247,570,308$0$0$125,308,411
100$272,425,156$0$0$137,901,848