Can I retire at age 40 with 1,710,000?

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 $1,710,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$141,210$139,952$138,725$137,527$136,358$135,555
2 years$69,906$68,604$67,342$66,119$64,932$64,123
3 years$46,141$44,834$43,575$42,363$41,196$40,404
4 years$34,261$32,957$31,711$30,520$29,381$28,613
5 years$27,135$25,839$24,609$23,442$22,335$21,594
6 years$22,385$21,099$19,888$18,747$17,673$16,959
7 years$18,994$17,719$16,527$15,413$14,373$13,686
8 years$16,452$15,189$14,016$12,930$11,924$11,265
9 years$14,476$13,225$12,072$11,013$10,041$9,410
10 years$12,896$11,657$10,525$9,493$8,556$7,952
11 years$11,604$10,377$9,266$8,262$7,358$6,781
12 years$10,529$9,314$8,223$7,247$6,377$5,825
13 years$9,619$8,417$7,347$6,398$5,560$5,035
14 years$8,840$7,651$6,601$5,679$4,874$4,374
15 years$8,166$6,989$5,960$5,065$4,292$3,816
16 years$7,576$6,413$5,404$4,535$3,793$3,341
17 years$7,056$5,906$4,917$4,075$3,363$2,934
18 years$6,595$5,457$4,489$3,672$2,990$2,584
19 years$6,182$5,058$4,109$3,318$2,665$2,280
20 years$5,812$4,700$3,771$3,005$2,381$2,016
21 years$5,477$4,378$3,469$2,727$2,131$1,786
22 years$5,173$4,086$3,197$2,480$1,910$1,585
23 years$4,895$3,822$2,952$2,258$1,714$1,408
24 years$4,642$3,581$2,730$2,060$1,541$1,252
25 years$4,409$3,361$2,529$1,881$1,386$1,115
26 years$4,194$3,158$2,345$1,720$1,249$993
27 years$3,995$2,972$2,178$1,574$1,126$886
28 years$3,811$2,801$2,024$1,443$1,016$791
29 years$3,640$2,642$1,884$1,323$917$706
30 years$3,481$2,495$1,755$1,214$829$631
31 years$3,332$2,359$1,636$1,115$749$564
32 years$3,193$2,232$1,526$1,025$678$504
33 years$3,062$2,114$1,425$942$614$451
34 years$2,940$2,003$1,332$867$555$404
35 years$2,825$1,900$1,245$798$503$361
36 years$2,716$1,804$1,165$735$456$324
37 years$2,613$1,713$1,090$677$413$290
38 years$2,516$1,628$1,021$624$375$260
39 years$2,425$1,548$956$576$340$233
40 years$2,338$1,473$896$531$308$209
41 years$2,255$1,402$841$490$280$187
42 years$2,177$1,335$788$452$254$168
43 years$2,103$1,272$740$417$230$150
44 years$2,032$1,213$694$385$209$135
45 years$1,964$1,156$652$356$190$121
46 years$1,900$1,103$612$329$172$108
47 years$1,838$1,053$575$304$156$97
48 years$1,780$1,005$541$281$142$87
49 years$1,723$960$508$259$129$78
50 years$1,670$917$478$240$117$70

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,710,000, adding $2,600 every year, while hoping to spend $39,741 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: 58/36/6 Blend
39$1,710,000$1,710,000$1,710,000$1,710,000
40$1,887,102$1,796,472$1,769,967$1,994,124
41$2,037,302$1,842,215$1,786,977$2,111,999
42$2,201,491$1,888,867$1,803,224$2,235,672
43$2,381,053$1,936,432$1,818,642$2,369,468
44$2,577,513$1,984,910$1,833,160$2,514,356
45$2,792,551$2,034,302$1,846,702$2,671,407
46$3,028,014$2,084,605$1,859,189$2,841,796
47$3,285,939$2,135,819$1,870,540$3,026,818
48$3,568,568$2,187,937$1,880,666$3,227,899
49$3,878,371$2,240,955$1,889,477$3,446,611
50$4,218,066$2,294,863$1,896,876$3,684,682
51$4,590,650$2,349,652$1,902,762$3,944,017
52$4,999,420$2,405,309$1,907,029$4,226,713
53$5,448,012$2,461,821$1,909,566$4,535,080
54$5,940,428$2,519,168$1,910,254$4,871,665
55$6,481,076$2,577,332$1,908,973$5,239,268
56$7,074,815$2,636,291$1,905,592$5,640,980
57$7,726,994$2,696,017$1,899,978$6,080,201
58$8,443,508$2,756,482$1,891,987$6,560,678
59$9,230,849$2,817,653$1,881,472$7,086,542
60$10,096,172$2,879,494$1,868,278$7,662,340
61$11,047,356$2,941,964$1,852,240$8,293,085
62$12,093,084$3,005,018$1,833,188$8,984,298
63$13,242,922$3,068,607$1,810,943$9,742,065
64$14,507,409$3,132,677$1,785,318$10,573,088
65$15,898,154$3,197,169$1,756,116$11,484,755
66$17,427,952$3,262,016$1,723,132$12,485,205
67$19,110,897$3,327,149$1,686,151$13,583,408
68$20,962,520$3,392,490$1,644,948$14,789,246
69$22,999,930$3,457,956$1,599,287$16,113,611
70$25,241,982$3,523,455$1,548,923$17,568,503
71$27,709,450$3,588,889$1,493,597$19,167,148
72$30,425,222$3,654,153$1,433,040$20,924,118
73$33,414,519$3,719,131$1,366,972$22,855,473
74$36,705,131$3,783,699$1,295,096$24,978,910
75$40,327,679$3,847,725$1,217,106$27,313,933
76$44,315,903$3,911,065$1,132,681$29,882,032
77$48,706,983$3,973,564$1,041,483$32,706,892
78$53,541,884$4,035,058$943,162$35,814,614
79$58,865,750$4,095,370$837,351$39,233,961
80$64,728,321$4,154,308$723,667$42,996,631
81$71,184,410$4,211,669$601,710$47,137,556
82$78,294,415$4,267,236$471,063$51,695,233
83$86,124,890$4,320,775$331,288$56,712,085
84$94,749,173$4,372,038$181,931$62,234,865
85$104,248,079$4,420,758$22,516$68,315,097
86$114,710,660$4,466,652$0$75,009,563
87$126,235,047$4,509,416$0$82,390,287
88$138,929,373$4,548,730$0$90,518,932
89$152,912,799$4,584,247$0$99,470,088
90$168,316,632$4,615,603$0$109,327,542
91$185,285,568$4,642,407$0$120,183,632
92$203,979,056$4,664,245$0$132,140,114
93$224,572,802$4,680,675$0$145,309,126
94$247,260,428$4,691,228$0$159,814,246
95$272,255,300$4,695,407$0$175,791,662
96$299,792,539$4,692,681$0$193,391,454
97$330,131,244$4,682,488$0$212,779,015
98$363,556,932$4,664,231$0$234,136,610
99$400,384,238$4,637,277$0$257,665,103
100$440,959,881$4,600,954$0$283,585,850