Can I retire at age 40 with 1,570,000?

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 $1,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$129,649$128,494$127,368$126,268$125,194$120,512
2 years$64,183$62,987$61,829$60,706$59,616$54,953
3 years$42,363$41,163$40,007$38,895$37,823$33,325
4 years$31,456$30,259$29,115$28,021$26,976$22,678
5 years$24,913$23,724$22,595$21,523$20,506$16,419
6 years$20,553$19,372$18,260$17,212$16,226$12,352
7 years$17,439$16,269$15,174$14,151$13,196$9,535
8 years$15,105$13,945$12,869$11,871$10,947$7,495
9 years$13,291$12,142$11,084$10,111$9,219$5,971
10 years$11,840$10,702$9,663$8,716$7,855$4,806
11 years$10,654$9,528$8,507$7,586$6,756$3,898
12 years$9,667$8,552$7,550$6,654$5,854$3,181
13 years$8,831$7,728$6,745$5,874$5,105$2,609
14 years$8,116$7,025$6,061$5,214$4,475$2,148
15 years$7,497$6,417$5,472$4,650$3,940$1,774
16 years$6,956$5,888$4,961$4,164$3,482$1,469
17 years$6,479$5,422$4,515$3,741$3,088$1,219
18 years$6,055$5,010$4,121$3,372$2,746$1,013
19 years$5,676$4,644$3,773$3,047$2,447$843
20 years$5,336$4,315$3,462$2,759$2,186$703
21 years$5,028$4,019$3,185$2,504$1,956$586
22 years$4,749$3,752$2,935$2,277$1,753$489
23 years$4,495$3,509$2,710$2,074$1,574$409
24 years$4,262$3,288$2,506$1,891$1,415$342
25 years$4,048$3,085$2,321$1,727$1,273$286
26 years$3,850$2,900$2,153$1,579$1,147$239
27 years$3,668$2,729$1,999$1,446$1,034$200
28 years$3,499$2,572$1,859$1,324$933$167
29 years$3,342$2,426$1,730$1,215$842$140
30 years$3,196$2,291$1,611$1,115$761$117
31 years$3,059$2,166$1,502$1,024$688$98
32 years$2,931$2,049$1,401$941$622$82
33 years$2,812$1,941$1,308$865$563$69
34 years$2,699$1,839$1,223$796$510$58
35 years$2,593$1,745$1,143$733$462$48
36 years$2,494$1,656$1,069$675$419$41
37 years$2,399$1,573$1,001$622$379$34
38 years$2,310$1,495$937$573$344$28
39 years$2,226$1,421$878$528$312$24
40 years$2,146$1,352$823$487$283$20
41 years$2,071$1,287$772$450$257$17
42 years$1,999$1,226$724$415$233$14
43 years$1,930$1,168$679$383$211$12
44 years$1,865$1,113$638$354$192$10
45 years$1,803$1,062$599$327$174$8
46 years$1,744$1,013$562$302$158$7
47 years$1,688$967$528$279$144$6
48 years$1,634$923$496$258$130$5
49 years$1,582$881$467$238$118$4
50 years$1,533$842$439$220$108$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,570,000, adding $4,047 every year, while hoping to spend $56,688 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: 74/12/14 Blend
39$1,570,000$1,570,000$1,570,000$1,570,000
40$1,734,314$1,651,104$1,626,769$1,857,158
41$1,850,899$1,671,693$1,620,951$1,959,529
42$1,977,475$1,691,390$1,613,037$2,064,248
43$2,115,002$1,710,093$1,602,898$2,177,454
44$2,264,536$1,727,691$1,590,399$2,299,976
45$2,427,236$1,744,066$1,575,395$2,432,725
46$2,604,381$1,759,092$1,557,738$2,576,705
47$2,797,377$1,772,636$1,537,270$2,733,024
48$3,007,769$1,784,555$1,513,829$2,902,900
49$3,237,261$1,794,698$1,487,241$3,087,679
50$3,487,726$1,802,902$1,457,328$3,288,842
51$3,761,226$1,808,997$1,423,901$3,508,023
52$4,060,033$1,812,800$1,386,764$3,747,022
53$4,386,646$1,814,116$1,345,710$4,007,824
54$4,743,817$1,812,741$1,300,524$4,292,616
55$5,134,576$1,808,455$1,250,981$4,603,809
56$5,562,259$1,801,025$1,196,846$4,944,060
57$6,030,541$1,790,207$1,137,871$5,316,300
58$6,543,466$1,775,737$1,073,800$5,723,757
59$7,105,491$1,757,340$1,004,364$6,169,992
60$7,721,522$1,734,721$929,281$6,658,927
61$8,396,964$1,707,568$848,258$7,194,890
62$9,137,767$1,675,552$760,988$7,782,647
63$9,950,489$1,638,323$667,150$8,427,455
64$10,842,349$1,595,511$566,410$9,135,107
65$11,821,301$1,546,724$458,418$9,911,990
66$12,896,107$1,491,547$342,808$10,765,144
67$14,076,418$1,429,541$219,200$11,702,329
68$15,372,866$1,360,241$87,196$12,732,099
69$16,797,161$1,283,156$0$13,863,883
70$18,362,207$1,197,766$0$15,116,093
71$20,082,217$1,103,522$0$16,506,590
72$21,972,851$999,842$0$18,035,030
73$24,051,360$886,113$0$19,715,405
74$26,336,752$761,685$0$21,563,133
75$28,849,966$625,873$0$23,595,203
76$31,614,074$477,953$0$25,830,338
77$34,654,496$317,159$0$28,289,170
78$37,999,239$142,683$0$30,994,437
79$41,679,159$0$0$33,971,195
80$45,728,257$0$0$37,253,174
81$50,183,995$0$0$40,885,563
82$55,087,648$0$0$44,883,183
83$60,484,699$0$0$49,283,119
84$66,425,259$0$0$54,126,237
85$72,964,546$0$0$59,457,565
86$80,163,404$0$0$65,326,717
87$88,088,874$0$0$71,788,364
88$96,814,830$0$0$78,902,747
89$106,422,671$0$0$86,736,243
90$117,002,093$0$0$95,361,996
91$128,651,931$0$0$104,860,604
92$141,481,096$0$0$115,320,878
93$155,609,595$0$0$126,840,682
94$171,169,670$0$0$139,527,853
95$188,307,041$0$0$153,501,222
96$207,182,283$0$0$168,891,734
97$227,972,340$0$0$185,843,679
98$250,872,192$0$0$204,516,060
99$276,096,700$0$0$225,084,088
100$303,882,627$0$0$247,740,837