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%12.9%
1 years$136,255$135,042$133,858$132,702$131,573$129,983
2 years$67,453$66,197$64,979$63,799$62,654$61,054
3 years$44,522$43,260$42,046$40,877$39,750$38,189
4 years$33,059$31,801$30,599$29,449$28,350$26,841
5 years$26,183$24,932$23,746$22,620$21,551$20,098
6 years$21,600$20,359$19,190$18,089$17,053$15,657
7 years$18,328$17,098$15,947$14,872$13,869$12,531
8 years$15,875$14,656$13,524$12,476$11,505$10,226
9 years$13,968$12,761$11,649$10,627$9,689$8,468
10 years$12,444$11,248$10,156$9,160$8,256$7,091
11 years$11,197$10,013$8,941$7,972$7,100$5,991
12 years$10,159$8,987$7,935$6,993$6,153$5,099
13 years$9,281$8,122$7,089$6,174$5,365$4,364
14 years$8,530$7,383$6,370$5,480$4,703$3,754
15 years$7,879$6,744$5,751$4,887$4,141$3,242
16 years$7,310$6,188$5,214$4,376$3,660$2,810
17 years$6,809$5,699$4,745$3,932$3,245$2,442
18 years$6,363$5,266$4,331$3,543$2,885$2,127
19 years$5,966$4,880$3,965$3,202$2,572$1,857
20 years$5,608$4,535$3,639$2,900$2,297$1,625
21 years$5,285$4,224$3,347$2,632$2,056$1,423
22 years$4,991$3,943$3,085$2,393$1,843$1,249
23 years$4,724$3,688$2,848$2,179$1,654$1,097
24 years$4,479$3,455$2,634$1,988$1,487$964
25 years$4,254$3,243$2,440$1,815$1,338$848
26 years$4,047$3,048$2,263$1,660$1,205$747
27 years$3,855$2,868$2,101$1,519$1,086$658
28 years$3,677$2,703$1,953$1,392$980$581
29 years$3,512$2,550$1,818$1,276$885$512
30 years$3,359$2,408$1,693$1,171$800$452
31 years$3,215$2,276$1,578$1,076$723$399
32 years$3,081$2,154$1,473$989$654$353
33 years$2,955$2,040$1,375$909$592$312
34 years$2,837$1,933$1,285$837$536$275
35 years$2,725$1,834$1,201$770$485$243
36 years$2,621$1,740$1,124$709$440$215
37 years$2,522$1,653$1,052$653$399$190
38 years$2,428$1,571$985$602$361$168
39 years$2,340$1,494$923$555$328$149
40 years$2,256$1,421$865$512$297$132
41 years$2,176$1,353$811$473$270$117
42 years$2,101$1,288$761$436$245$103
43 years$2,029$1,228$714$403$222$91
44 years$1,960$1,170$670$372$202$81
45 years$1,895$1,116$629$343$183$72
46 years$1,833$1,064$591$317$166$63
47 years$1,774$1,016$555$293$151$56
48 years$1,717$970$522$271$137$50
49 years$1,663$926$490$250$124$44
50 years$1,611$885$461$231$113$39

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 $5,402 every year, while hoping to spend $51,125 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: 64/19/17 Blend
39$1,650,000$1,650,000$1,650,000$1,650,000
40$1,823,872$1,736,422$1,710,847$1,932,567
41$1,955,511$1,767,110$1,713,764$2,036,852
42$2,098,862$1,797,589$1,715,065$2,144,396
43$2,255,069$1,827,793$1,714,642$2,260,653
44$2,425,385$1,857,654$1,712,382$2,386,475
45$2,611,193$1,887,098$1,708,165$2,522,800
46$2,814,014$1,916,044$1,701,868$2,670,664
47$3,035,521$1,944,409$1,693,358$2,831,208
48$3,277,558$1,972,099$1,682,500$3,005,688
49$3,542,155$1,999,017$1,669,149$3,195,493
50$3,831,543$2,025,057$1,653,154$3,402,149
51$4,148,185$2,050,109$1,634,359$3,627,343
52$4,494,787$2,074,052$1,612,597$3,872,931
53$4,874,332$2,096,758$1,587,696$4,140,960
54$5,290,105$2,118,090$1,559,475$4,433,690
55$5,745,723$2,137,903$1,527,745$4,753,608
56$6,245,168$2,156,042$1,492,306$5,103,458
57$6,792,828$2,172,341$1,452,951$5,486,265
58$7,393,536$2,186,624$1,409,463$5,905,364
59$8,052,612$2,198,704$1,361,616$6,364,431
60$8,775,919$2,208,382$1,309,171$6,867,520
61$9,569,915$2,215,445$1,251,881$7,419,100
62$10,441,713$2,219,668$1,189,485$8,024,096
63$11,399,147$2,220,811$1,121,712$8,687,940
64$12,450,849$2,218,620$1,048,279$9,416,618
65$13,606,328$2,212,825$968,889$10,216,732
66$14,876,060$2,203,139$883,232$11,095,557
67$16,271,583$2,189,258$790,986$12,061,117
68$17,805,611$2,170,859$691,811$13,122,253
69$19,492,152$2,147,600$585,355$14,288,715
70$21,346,637$2,119,118$471,250$15,571,249
71$23,386,067$2,085,028$349,110$16,981,703
72$25,629,175$2,044,922$218,533$18,533,135
73$28,096,597$1,998,370$79,101$20,239,943
74$30,811,074$1,944,915$0$22,117,996
75$33,797,660$1,884,071$0$24,197,430
76$37,083,959$1,815,328$0$26,501,020
77$40,700,386$1,738,143$0$29,035,747
78$44,680,456$1,651,943$0$31,825,130
79$49,061,095$1,556,120$0$34,895,094
80$53,882,991$1,450,035$0$38,274,206
81$59,190,977$1,333,007$0$41,993,949
82$65,034,453$1,204,320$0$46,089,022
83$71,467,852$1,063,217$0$50,597,663
84$78,551,154$908,896$0$55,562,016
85$86,350,451$740,511$0$61,028,523
86$94,938,569$557,169$0$67,048,369
87$104,395,757$357,924$0$73,677,963
88$114,810,442$141,780$0$80,979,471
89$126,280,064$0$0$89,021,406
90$138,911,995$0$0$97,898,574
91$152,824,550$0$0$107,708,512
92$168,148,107$0$0$118,513,530
93$185,026,334$0$0$130,414,950
94$203,617,544$0$0$143,524,425
95$224,096,192$0$0$157,964,992
96$246,654,515$0$0$173,872,231
97$271,504,354$0$0$191,395,545
98$298,879,145$0$0$210,699,570
99$329,036,127$0$0$231,965,728
100$362,258,767$0$0$255,393,940