Can I retire at age 40 with 1,730,000?

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$142,862$141,589$140,348$139,136$137,953$136,626
2 years$70,724$69,406$68,130$66,892$65,692$64,355
3 years$46,681$45,358$44,085$42,859$41,678$40,372
4 years$34,662$33,343$32,082$30,877$29,725$28,461
5 years$27,452$26,141$24,897$23,717$22,596$21,378
6 years$22,647$21,346$20,121$18,966$17,880$16,709
7 years$19,217$17,927$16,720$15,593$14,541$13,417
8 years$16,645$15,366$14,180$13,081$12,063$10,987
9 years$14,646$13,379$12,213$11,142$10,159$9,130
10 years$13,047$11,793$10,648$9,604$8,656$7,673
11 years$11,740$10,499$9,374$8,359$7,444$6,507
12 years$10,652$9,423$8,319$7,332$6,451$5,559
13 years$9,732$8,516$7,433$6,473$5,626$4,777
14 years$8,943$7,741$6,678$5,746$4,931$4,125
15 years$8,261$7,071$6,030$5,124$4,342$3,577
16 years$7,665$6,488$5,467$4,588$3,837$3,113
17 years$7,139$5,975$4,975$4,123$3,402$2,717
18 years$6,672$5,521$4,541$3,715$3,025$2,377
19 years$6,255$5,117$4,157$3,357$2,697$2,085
20 years$5,880$4,755$3,815$3,040$2,409$1,831
21 years$5,541$4,429$3,509$2,759$2,155$1,612
22 years$5,233$4,134$3,234$2,509$1,932$1,420
23 years$4,953$3,867$2,986$2,285$1,734$1,253
24 years$4,696$3,623$2,762$2,084$1,559$1,107
25 years$4,460$3,400$2,558$1,903$1,403$978
26 years$4,243$3,195$2,372$1,740$1,264$866
27 years$4,042$3,007$2,203$1,593$1,139$767
28 years$3,856$2,834$2,048$1,459$1,028$679
29 years$3,683$2,673$1,906$1,338$928$602
30 years$3,522$2,525$1,775$1,228$839$534
31 years$3,371$2,387$1,655$1,128$758$474
32 years$3,230$2,258$1,544$1,037$686$421
33 years$3,098$2,139$1,442$953$621$374
34 years$2,974$2,027$1,347$877$562$332
35 years$2,858$1,922$1,259$807$509$295
36 years$2,748$1,825$1,178$744$461$262
37 years$2,644$1,733$1,103$685$418$233
38 years$2,546$1,647$1,033$632$379$207
39 years$2,453$1,566$968$582$344$184
40 years$2,365$1,490$907$537$312$164
41 years$2,282$1,418$850$496$283$146
42 years$2,203$1,351$798$457$257$130
43 years$2,127$1,287$748$422$233$115
44 years$2,055$1,227$703$390$211$103
45 years$1,987$1,170$660$360$192$91
46 years$1,922$1,116$620$333$174$81
47 years$1,860$1,065$582$307$158$72
48 years$1,800$1,017$547$284$144$64
49 years$1,743$971$514$262$130$57
50 years$1,689$927$483$242$119$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,730,000, adding $3,050 every year, while hoping to spend $53,665 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: 32/48/20 Blend
39$1,730,000$1,730,000$1,730,000$1,730,000
40$1,909,606$1,817,916$1,791,101$1,958,783
41$2,047,287$1,849,895$1,794,004$2,027,824
42$2,197,212$1,881,642$1,795,205$2,097,040
43$2,360,575$1,913,089$1,794,592$2,170,473
44$2,538,687$1,944,164$1,792,044$2,248,523
45$2,732,992$1,974,787$1,787,436$2,331,634
46$2,945,080$2,004,875$1,780,638$2,420,297
47$3,176,701$2,034,336$1,771,513$2,515,056
48$3,429,781$2,063,075$1,759,914$2,616,511
49$3,706,440$2,090,987$1,745,693$2,725,328
50$4,009,013$2,117,962$1,728,690$2,842,240
51$4,340,071$2,143,881$1,708,740$2,968,061
52$4,702,445$2,168,617$1,685,669$3,103,688
53$5,099,250$2,192,035$1,659,295$3,250,117
54$5,533,920$2,213,992$1,629,428$3,408,445
55$6,010,235$2,234,332$1,595,868$3,579,887
56$6,532,357$2,252,892$1,558,408$3,765,785
57$7,104,871$2,269,498$1,516,829$3,967,624
58$7,732,828$2,283,964$1,470,903$4,187,043
59$8,421,789$2,296,090$1,420,390$4,425,855
60$9,177,881$2,305,668$1,365,043$4,686,063
61$10,007,852$2,312,473$1,304,599$4,969,880
62$10,919,135$2,316,267$1,238,785$5,279,752
63$11,919,920$2,316,796$1,167,317$5,618,379
64$13,019,226$2,313,794$1,089,897$5,988,748
65$14,226,990$2,306,973$1,006,212$6,394,153
66$15,554,161$2,296,032$915,937$6,838,235
67$17,012,797$2,280,650$818,733$7,325,017
68$18,616,186$2,260,485$714,244$7,858,938
69$20,378,966$2,235,177$602,100$8,444,902
70$22,317,262$2,204,343$481,912$9,088,324
71$24,448,843$2,167,577$353,277$9,795,181
72$26,793,286$2,124,448$215,772$10,572,074
73$29,372,157$2,074,502$68,956$11,426,287
74$32,209,220$2,017,256$0$12,365,863
75$35,330,659$1,952,200$0$13,418,399
76$38,765,321$1,878,793$0$14,591,894
77$42,544,994$1,796,464$0$15,882,538
78$46,704,700$1,704,607$0$17,302,375
79$51,283,030$1,602,583$0$18,864,691
80$56,322,504$1,489,715$0$20,584,139
81$61,869,976$1,365,287$0$22,476,880
82$67,977,071$1,228,544$0$24,560,739
83$74,700,675$1,078,685$0$26,855,371
84$82,103,470$914,867$0$29,382,455
85$90,254,525$736,197$0$32,165,897
86$99,229,947$541,731$0$35,232,060
87$109,113,600$330,474$0$38,610,015
88$119,997,896$101,375$0$42,331,820
89$131,984,662$0$0$46,432,823
90$145,186,109$0$0$51,029,476
91$159,725,882$0$0$56,151,459
92$175,740,232$0$0$61,793,270
93$193,379,298$0$0$68,007,848
94$212,808,526$0$0$74,853,530
95$234,210,229$0$0$82,394,601
96$257,785,305$0$0$90,701,901
97$283,755,136$0$0$99,853,492
98$312,363,676$0$0$109,935,395
99$343,879,750$0$0$121,042,402
100$378,599,596$0$0$133,278,973