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%14.1%
1 years$136,255$135,042$133,858$132,702$131,573$129,340
2 years$67,453$66,197$64,979$63,799$62,654$60,411
3 years$44,522$43,260$42,046$40,877$39,750$37,567
4 years$33,059$31,801$30,599$29,449$28,350$26,244
5 years$26,183$24,932$23,746$22,620$21,551$19,528
6 years$21,600$20,359$19,190$18,089$17,053$15,115
7 years$18,328$17,098$15,947$14,872$13,869$12,016
8 years$15,875$14,656$13,524$12,476$11,505$9,739
9 years$13,968$12,761$11,649$10,627$9,689$8,007
10 years$12,444$11,248$10,156$9,160$8,256$6,656
11 years$11,197$10,013$8,941$7,972$7,100$5,582
12 years$10,159$8,987$7,935$6,993$6,153$4,714
13 years$9,281$8,122$7,089$6,174$5,365$4,003
14 years$8,530$7,383$6,370$5,480$4,703$3,416
15 years$7,879$6,744$5,751$4,887$4,141$2,926
16 years$7,310$6,188$5,214$4,376$3,660$2,515
17 years$6,809$5,699$4,745$3,932$3,245$2,167
18 years$6,363$5,266$4,331$3,543$2,885$1,872
19 years$5,966$4,880$3,965$3,202$2,572$1,620
20 years$5,608$4,535$3,639$2,900$2,297$1,404
21 years$5,285$4,224$3,347$2,632$2,056$1,219
22 years$4,991$3,943$3,085$2,393$1,843$1,060
23 years$4,724$3,688$2,848$2,179$1,654$922
24 years$4,479$3,455$2,634$1,988$1,487$803
25 years$4,254$3,243$2,440$1,815$1,338$700
26 years$4,047$3,048$2,263$1,660$1,205$611
27 years$3,855$2,868$2,101$1,519$1,086$533
28 years$3,677$2,703$1,953$1,392$980$465
29 years$3,512$2,550$1,818$1,276$885$407
30 years$3,359$2,408$1,693$1,171$800$355
31 years$3,215$2,276$1,578$1,076$723$311
32 years$3,081$2,154$1,473$989$654$272
33 years$2,955$2,040$1,375$909$592$238
34 years$2,837$1,933$1,285$837$536$208
35 years$2,725$1,834$1,201$770$485$182
36 years$2,621$1,740$1,124$709$440$159
37 years$2,522$1,653$1,052$653$399$140
38 years$2,428$1,571$985$602$361$122
39 years$2,340$1,494$923$555$328$107
40 years$2,256$1,421$865$512$297$94
41 years$2,176$1,353$811$473$270$82
42 years$2,101$1,288$761$436$245$72
43 years$2,029$1,228$714$403$222$63
44 years$1,960$1,170$670$372$202$55
45 years$1,895$1,116$629$343$183$48
46 years$1,833$1,064$591$317$166$42
47 years$1,774$1,016$555$293$151$37
48 years$1,717$970$522$271$137$33
49 years$1,663$926$490$250$124$28
50 years$1,611$885$461$231$113$25

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 $6,814 every year, while hoping to spend $30,315 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: 51/44/5 Blend
39$1,650,000$1,650,000$1,650,000$1,650,000
40$1,825,329$1,737,879$1,712,304$1,915,961
41$1,979,257$1,790,780$1,737,411$2,031,143
42$2,147,871$1,845,257$1,762,343$2,152,416
43$2,332,634$1,901,356$1,787,063$2,283,506
44$2,535,163$1,959,122$1,811,529$2,425,339
45$2,757,234$2,018,604$1,835,700$2,578,935
46$3,000,807$2,079,850$1,859,531$2,745,415
47$3,268,038$2,142,911$1,882,973$2,926,011
48$3,561,302$2,207,838$1,905,977$3,122,080
49$3,883,216$2,274,684$1,928,490$3,335,114
50$4,236,664$2,343,503$1,950,454$3,566,756
51$4,624,821$2,414,352$1,971,811$3,818,813
52$5,051,184$2,487,286$1,992,497$4,093,274
53$5,519,606$2,562,365$2,012,448$4,392,329
54$6,034,334$2,639,649$2,031,593$4,718,388
55$6,600,044$2,719,199$2,049,859$5,074,104
56$7,221,887$2,801,079$2,067,168$5,462,397
57$7,905,540$2,885,352$2,083,439$5,886,484
58$8,657,258$2,972,087$2,098,586$6,349,905
59$9,483,929$3,061,350$2,112,520$6,856,561
60$10,393,144$3,153,211$2,125,144$7,410,744
61$11,393,269$3,247,742$2,136,360$8,017,183
62$12,493,516$3,345,016$2,146,063$8,681,085
63$13,704,041$3,445,107$2,154,141$9,408,186
64$15,036,028$3,548,093$2,160,480$10,204,803
65$16,501,805$3,654,051$2,164,958$11,077,892
66$18,114,952$3,763,063$2,167,448$12,035,118
67$19,890,434$3,875,210$2,167,814$13,084,922
68$21,844,740$3,990,576$2,165,917$14,236,603
69$23,996,037$4,109,248$2,161,609$15,500,403
70$26,364,346$4,231,314$2,154,736$16,887,608
71$28,971,724$4,356,864$2,145,135$18,410,647
72$31,842,479$4,485,989$2,132,636$20,083,216
73$35,003,393$4,618,784$2,117,060$21,920,401
74$38,483,980$4,755,345$2,098,222$23,938,824
75$42,316,759$4,895,770$2,075,926$26,156,797
76$46,537,565$5,040,159$2,049,966$28,594,497
77$51,185,884$5,188,615$2,020,128$31,274,152
78$56,305,230$5,341,242$1,986,187$34,220,252
79$61,943,547$5,498,147$1,947,909$37,459,783
80$68,153,672$5,659,439$1,905,046$41,022,477
81$74,993,823$5,825,228$1,857,342$44,941,091
82$82,528,157$5,995,628$1,804,527$49,251,723
83$90,827,369$6,170,754$1,746,318$53,994,142
84$99,969,363$6,350,723$1,682,422$59,212,171
85$110,039,985$6,535,656$1,612,530$64,954,098
86$121,133,833$6,725,673$1,536,320$71,273,128
87$133,355,152$6,920,898$1,453,454$78,227,888
88$146,818,813$7,121,458$1,363,581$85,882,980
89$161,651,403$7,327,481$1,266,333$94,309,588
90$177,992,416$7,539,097$1,161,324$103,586,149
91$195,995,567$7,756,438$1,048,153$113,799,098
92$215,830,250$7,979,638$926,401$125,043,675
93$237,683,129$8,208,833$795,629$137,424,832
94$261,759,904$8,444,163$655,379$151,058,216
95$288,287,254$8,685,766$505,173$166,071,265
96$317,514,969$8,933,784$344,513$182,604,407
97$349,718,318$9,188,362$172,876$200,812,388
98$385,200,639$9,449,644$0$220,865,729
99$424,296,204$9,717,776$0$242,952,885
100$467,373,378$9,992,908$0$267,290,253