Can I retire at age 40 with 1,650,000?

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 $1,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$136,255$135,042$133,858$132,702$131,573$129,661
2 years$67,453$66,197$64,979$63,799$62,654$60,731
3 years$44,522$43,260$42,046$40,877$39,750$37,877
4 years$33,059$31,801$30,599$29,449$28,350$26,541
5 years$26,183$24,932$23,746$22,620$21,551$19,811
6 years$21,600$20,359$19,190$18,089$17,053$15,384
7 years$18,328$17,098$15,947$14,872$13,869$12,271
8 years$15,875$14,656$13,524$12,476$11,505$9,979
9 years$13,968$12,761$11,649$10,627$9,689$8,234
10 years$12,444$11,248$10,156$9,160$8,256$6,870
11 years$11,197$10,013$8,941$7,972$7,100$5,783
12 years$10,159$8,987$7,935$6,993$6,153$4,903
13 years$9,281$8,122$7,089$6,174$5,365$4,180
14 years$8,530$7,383$6,370$5,480$4,703$3,581
15 years$7,879$6,744$5,751$4,887$4,141$3,080
16 years$7,310$6,188$5,214$4,376$3,660$2,658
17 years$6,809$5,699$4,745$3,932$3,245$2,301
18 years$6,363$5,266$4,331$3,543$2,885$1,996
19 years$5,966$4,880$3,965$3,202$2,572$1,735
20 years$5,608$4,535$3,639$2,900$2,297$1,511
21 years$5,285$4,224$3,347$2,632$2,056$1,317
22 years$4,991$3,943$3,085$2,393$1,843$1,150
23 years$4,724$3,688$2,848$2,179$1,654$1,006
24 years$4,479$3,455$2,634$1,988$1,487$880
25 years$4,254$3,243$2,440$1,815$1,338$771
26 years$4,047$3,048$2,263$1,660$1,205$676
27 years$3,855$2,868$2,101$1,519$1,086$593
28 years$3,677$2,703$1,953$1,392$980$520
29 years$3,512$2,550$1,818$1,276$885$457
30 years$3,359$2,408$1,693$1,171$800$401
31 years$3,215$2,276$1,578$1,076$723$352
32 years$3,081$2,154$1,473$989$654$310
33 years$2,955$2,040$1,375$909$592$272
34 years$2,837$1,933$1,285$837$536$239
35 years$2,725$1,834$1,201$770$485$211
36 years$2,621$1,740$1,124$709$440$185
37 years$2,522$1,653$1,052$653$399$163
38 years$2,428$1,571$985$602$361$143
39 years$2,340$1,494$923$555$328$126
40 years$2,256$1,421$865$512$297$111
41 years$2,176$1,353$811$473$270$98
42 years$2,101$1,288$761$436$245$86
43 years$2,029$1,228$714$403$222$76
44 years$1,960$1,170$670$372$202$67
45 years$1,895$1,116$629$343$183$59
46 years$1,833$1,064$591$317$166$52
47 years$1,774$1,016$555$293$151$46
48 years$1,717$970$522$271$137$40
49 years$1,663$926$490$250$124$35
50 years$1,611$885$461$231$113$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,650,000, adding $5,950 every year, while hoping to spend $33,418 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: 71/6/23 Blend
39$1,650,000$1,650,000$1,650,000$1,650,000
40$1,824,437$1,736,987$1,711,412$1,943,104
41$1,974,974$1,786,543$1,733,188$2,072,645
42$2,139,744$1,837,407$1,754,574$2,209,943
43$2,320,166$1,889,609$1,775,520$2,359,469
44$2,517,800$1,943,176$1,795,976$2,522,434
45$2,734,363$1,998,139$1,815,889$2,700,172
46$2,971,747$2,054,527$1,835,200$2,894,151
47$3,232,036$2,112,370$1,853,851$3,105,990
48$3,517,526$2,171,698$1,871,777$3,337,470
49$3,830,745$2,232,542$1,888,912$3,590,557
50$4,174,476$2,294,932$1,905,186$3,867,413
51$4,551,787$2,358,898$1,920,524$4,170,424
52$4,966,057$2,424,471$1,934,849$4,502,216
53$5,421,006$2,491,682$1,948,079$4,865,683
54$5,920,736$2,560,562$1,960,126$5,264,016
55$6,469,762$2,631,140$1,970,901$5,700,727
56$7,073,059$2,703,447$1,980,308$6,179,690
57$7,736,109$2,777,514$1,988,246$6,705,170
58$8,464,951$2,853,371$1,994,611$7,281,871
59$9,266,236$2,931,047$1,999,291$7,914,972
60$10,147,296$3,010,572$2,002,171$8,610,183
61$11,116,205$3,091,974$2,003,128$9,373,795
62$12,181,859$3,175,283$2,002,035$10,212,741
63$13,354,063$3,260,526$1,998,756$11,134,661
64$14,643,615$3,347,729$1,993,152$12,147,973
65$16,062,415$3,436,920$1,985,075$13,261,954
66$17,623,576$3,528,123$1,974,369$14,486,829
67$19,341,543$3,621,363$1,960,873$15,833,863
68$21,232,234$3,716,664$1,944,416$17,315,472
69$23,313,188$3,814,046$1,924,820$18,945,338
70$25,603,730$3,913,531$1,901,898$20,738,539
71$28,125,154$4,015,138$1,875,456$22,711,690
72$30,900,924$4,118,884$1,845,287$24,883,102
73$33,956,892$4,224,783$1,811,179$27,272,954
74$37,321,548$4,332,851$1,772,906$29,903,483
75$41,026,282$4,443,096$1,730,234$32,799,195
76$45,105,684$4,555,529$1,682,918$35,987,097
77$49,597,868$4,670,154$1,630,700$39,496,949
78$54,544,834$4,786,976$1,573,313$43,361,550
79$59,992,863$4,905,993$1,510,474$47,617,044
80$65,992,950$5,027,203$1,441,891$52,303,261
81$72,601,293$5,150,597$1,367,255$57,464,097
82$79,879,814$5,276,165$1,286,247$63,147,927
83$87,896,749$5,403,891$1,198,531$69,408,057
84$96,727,291$5,533,756$1,103,756$76,303,238
85$106,454,299$5,665,734$1,001,555$83,898,209
86$117,169,077$5,799,794$891,547$92,264,318
87$128,972,240$5,935,902$773,331$101,480,191
88$141,974,662$6,074,014$646,491$111,632,475
89$156,298,518$6,214,082$510,590$122,816,658
90$172,078,446$6,356,050$365,173$135,137,971
91$189,462,806$6,499,856$209,765$148,712,377
92$208,615,090$6,645,427$43,870$163,667,674
93$229,715,461$6,792,684$0$180,144,697
94$252,962,450$6,941,538$0$198,331,329
95$278,574,837$7,091,890$0$218,379,540
96$306,793,709$7,243,632$0$240,467,176
97$337,884,740$7,396,642$0$264,802,097
98$372,140,695$7,550,789$0$291,613,359
99$409,884,196$7,705,928$0$321,153,380
100$451,470,767$7,861,901$0$353,700,315