Can I retire at age 40 with 1,690,000?

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 $1,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$139,559$138,316$137,103$135,919$134,763$133,245
2 years$69,088$67,802$66,555$65,346$64,173$62,644
3 years$45,601$44,309$43,065$41,868$40,714$39,223
4 years$33,860$32,572$31,341$30,163$29,037$27,595
5 years$26,817$25,537$24,322$23,168$22,074$20,684
6 years$22,124$20,853$19,655$18,528$17,466$16,132
7 years$18,772$17,512$16,334$15,233$14,205$12,925
8 years$16,260$15,011$13,852$12,778$11,784$10,560
9 years$14,307$13,070$11,931$10,884$9,924$8,754
10 years$12,745$11,520$10,402$9,382$8,456$7,340
11 years$11,469$10,256$9,157$8,166$7,272$6,209
12 years$10,405$9,205$8,127$7,162$6,302$5,291
13 years$9,507$8,319$7,261$6,323$5,495$4,535
14 years$8,737$7,562$6,524$5,613$4,817$3,906
15 years$8,070$6,908$5,890$5,006$4,241$3,378
16 years$7,487$6,338$5,340$4,482$3,749$2,931
17 years$6,974$5,837$4,860$4,027$3,324$2,551
18 years$6,518$5,393$4,436$3,629$2,955$2,226
19 years$6,110$4,999$4,061$3,279$2,634$1,946
20 years$5,744$4,645$3,727$2,970$2,353$1,705
21 years$5,413$4,327$3,428$2,696$2,106$1,496
22 years$5,112$4,039$3,160$2,451$1,887$1,314
23 years$4,838$3,777$2,917$2,232$1,694$1,156
24 years$4,587$3,539$2,698$2,036$1,523$1,018
25 years$4,357$3,321$2,499$1,859$1,370$897
26 years$4,145$3,121$2,318$1,700$1,234$791
27 years$3,949$2,938$2,152$1,556$1,113$698
28 years$3,767$2,768$2,001$1,426$1,004$617
29 years$3,598$2,611$1,862$1,307$907$545
30 years$3,440$2,466$1,734$1,200$819$482
31 years$3,293$2,331$1,617$1,102$741$426
32 years$3,156$2,206$1,508$1,013$670$377
33 years$3,027$2,089$1,408$931$606$334
34 years$2,905$1,980$1,316$857$549$296
35 years$2,791$1,878$1,230$789$497$262
36 years$2,684$1,782$1,151$726$451$232
37 years$2,583$1,693$1,077$669$408$205
38 years$2,487$1,609$1,009$617$370$182
39 years$2,396$1,530$945$569$336$161
40 years$2,310$1,456$886$525$304$143
41 years$2,229$1,386$831$484$276$127
42 years$2,152$1,320$779$447$251$112
43 years$2,078$1,257$731$412$227$100
44 years$2,008$1,198$686$381$206$88
45 years$1,941$1,143$644$352$187$78
46 years$1,878$1,090$605$325$170$69
47 years$1,817$1,040$569$300$155$62
48 years$1,759$993$534$277$140$55
49 years$1,703$948$502$256$127$48
50 years$1,650$906$472$237$116$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,690,000, adding $4,717 every year, while hoping to spend $34,689 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: 39/42/19 Blend
39$1,690,000$1,690,000$1,690,000$1,690,000
40$1,867,246$1,777,676$1,751,481$1,929,318
41$2,020,796$1,827,873$1,773,246$2,024,488
42$2,188,846$1,879,367$1,794,579$2,123,666
43$2,372,837$1,932,185$1,815,426$2,230,187
44$2,574,359$1,986,355$1,835,735$2,344,733
45$2,795,160$2,041,902$1,855,449$2,468,058
46$3,037,166$2,098,856$1,874,506$2,600,990
47$3,302,499$2,157,242$1,892,845$2,744,441
48$3,593,496$2,217,089$1,910,397$2,899,413
49$3,912,730$2,278,424$1,927,093$3,067,011
50$4,263,036$2,341,274$1,942,858$3,248,451
51$4,647,537$2,405,667$1,957,614$3,445,072
52$5,069,670$2,471,630$1,971,279$3,658,348
53$5,533,227$2,539,190$1,983,767$3,889,902
54$6,042,379$2,608,373$1,994,986$4,141,522
55$6,601,724$2,679,206$2,004,841$4,415,176
56$7,216,328$2,751,715$2,013,232$4,713,034
57$7,891,771$2,825,926$2,020,052$5,037,485
58$8,634,199$2,901,864$2,025,191$5,391,158
59$9,450,385$2,979,553$2,028,532$5,776,954
60$10,347,789$3,059,017$2,029,954$6,198,066
61$11,334,634$3,140,278$2,029,327$6,658,011
62$12,419,975$3,223,360$2,026,518$7,160,665
63$13,613,790$3,308,283$2,021,384$7,710,299
64$14,927,074$3,395,067$2,013,778$8,311,618
65$16,371,941$3,483,730$2,003,545$8,969,805
66$17,961,737$3,574,291$1,990,522$9,690,573
67$19,711,168$3,666,764$1,974,538$10,480,215
68$21,636,436$3,761,165$1,955,414$11,345,666
69$23,755,396$3,857,505$1,932,964$12,294,569
70$26,087,719$3,955,796$1,906,991$13,335,344
71$28,655,081$4,056,045$1,877,290$14,477,271
72$31,481,366$4,158,258$1,843,646$15,730,576
73$34,592,892$4,262,438$1,805,834$17,106,525
74$38,018,656$4,368,587$1,763,619$18,617,537
75$41,790,613$4,476,702$1,716,754$20,277,295
76$45,943,973$4,586,778$1,664,982$22,100,879
77$50,517,532$4,698,804$1,608,034$24,104,907
78$55,554,044$4,812,769$1,545,626$26,307,692
79$61,100,617$4,928,655$1,477,466$28,729,416
80$67,209,163$5,046,442$1,403,243$31,392,319
81$73,936,883$5,166,104$1,322,638$34,320,910
82$81,346,811$5,287,609$1,235,312$37,542,202
83$89,508,405$5,410,921$1,140,914$41,085,961
84$98,498,205$5,535,998$1,039,077$44,984,992
85$108,400,552$5,662,792$929,416$49,275,447
86$119,308,388$5,791,249$811,531$53,997,167
87$131,324,129$5,921,305$685,003$59,194,060
88$144,560,634$6,052,893$549,394$64,914,514
89$159,142,267$6,185,933$404,248$71,211,855
90$175,206,075$6,320,341$249,087$78,144,852
91$192,903,078$6,456,021$83,415$85,778,270
92$212,399,693$6,592,867$0$94,183,484
93$233,879,309$6,730,765$0$103,458,087
94$257,544,014$6,869,587$0$113,689,110
95$283,616,502$7,009,196$0$124,955,273
96$312,342,178$7,149,440$0$137,361,978
97$343,991,473$7,290,155$0$151,025,378
98$378,862,393$7,431,162$0$166,073,471
99$417,283,336$7,572,268$0$182,647,310
100$459,616,190$7,713,263$0$200,902,332