Can I retire at age 40 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$145,339$144,045$142,781$141,549$140,345$135,744
2 years$71,950$70,610$69,311$68,052$66,831$62,239
3 years$47,490$46,144$44,849$43,602$42,400$37,962
4 years$35,263$33,921$32,639$31,413$30,240$25,990
5 years$27,928$26,595$25,329$24,128$22,988$18,937
6 years$23,040$21,716$20,470$19,295$18,190$14,340
7 years$19,550$18,237$17,010$15,864$14,793$11,146
8 years$16,933$15,633$14,426$13,308$12,272$8,824
9 years$14,900$13,611$12,425$11,335$10,335$7,082
10 years$13,273$11,998$10,833$9,771$8,806$5,743
11 years$11,944$10,681$9,537$8,504$7,573$4,694
12 years$10,836$9,586$8,464$7,459$6,563$3,862
13 years$9,900$8,663$7,562$6,585$5,723$3,193
14 years$9,099$7,875$6,794$5,846$5,017$2,651
15 years$8,404$7,194$6,134$5,213$4,417$2,208
16 years$7,797$6,600$5,562$4,668$3,904$1,844
17 years$7,263$6,078$5,061$4,194$3,461$1,544
18 years$6,788$5,617$4,620$3,780$3,078$1,295
19 years$6,363$5,206$4,229$3,415$2,743$1,088
20 years$5,982$4,837$3,881$3,093$2,450$915
21 years$5,637$4,506$3,570$2,807$2,193$770
22 years$5,324$4,206$3,290$2,552$1,966$649
23 years$5,039$3,934$3,038$2,325$1,764$547
24 years$4,777$3,686$2,810$2,120$1,586$462
25 years$4,538$3,459$2,602$1,936$1,427$390
26 years$4,316$3,251$2,414$1,770$1,285$329
27 years$4,112$3,059$2,241$1,620$1,159$278
28 years$3,923$2,883$2,084$1,485$1,046$235
29 years$3,747$2,720$1,939$1,361$944$199
30 years$3,583$2,568$1,806$1,250$853$168
31 years$3,429$2,428$1,684$1,148$771$142
32 years$3,286$2,297$1,571$1,055$698$120
33 years$3,152$2,176$1,467$970$631$102
34 years$3,026$2,062$1,370$892$572$86
35 years$2,907$1,956$1,281$821$518$73
36 years$2,795$1,856$1,199$757$469$62
37 years$2,690$1,763$1,122$697$425$52
38 years$2,590$1,676$1,051$642$386$44
39 years$2,496$1,593$984$592$350$37
40 years$2,406$1,516$923$546$317$32
41 years$2,321$1,443$865$504$288$27
42 years$2,241$1,374$811$465$261$23
43 years$2,164$1,309$761$429$237$19
44 years$2,091$1,248$715$397$215$16
45 years$2,022$1,190$671$366$195$14
46 years$1,955$1,135$630$338$177$12
47 years$1,892$1,083$592$313$161$10
48 years$1,832$1,034$557$289$146$8
49 years$1,774$988$523$267$133$7
50 years$1,718$944$492$247$121$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,760,000, adding $3,344 every year, while hoping to spend $40,625 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: 80/13/7 Blend
39$1,760,000$1,760,000$1,760,000$1,760,000
40$1,942,969$1,849,689$1,822,409$2,096,695
41$2,097,928$1,897,099$1,840,235$2,245,276
42$2,267,330$1,945,471$1,857,297$2,402,575
43$2,452,607$1,994,808$1,873,526$2,573,944
44$2,655,333$2,045,115$1,888,849$2,760,767
45$2,877,243$2,096,391$1,903,192$2,964,569
46$3,120,247$2,148,639$1,916,474$3,187,026
47$3,386,447$2,201,858$1,928,610$3,429,987
48$3,678,160$2,256,043$1,939,514$3,695,487
49$3,997,935$2,311,193$1,949,091$3,985,767
50$4,348,582$2,367,299$1,957,243$4,303,296
51$4,733,196$2,424,355$1,963,869$4,650,794
52$5,155,183$2,482,350$1,968,860$5,031,256
53$5,618,298$2,541,271$1,972,103$5,447,981
54$6,126,675$2,601,104$1,973,479$5,904,603
55$6,684,869$2,661,831$1,972,864$6,405,128
56$7,297,897$2,723,432$1,970,126$6,953,966
57$7,971,286$2,785,883$1,965,128$7,555,976
58$8,711,124$2,849,158$1,957,727$8,216,512
59$9,524,118$2,913,227$1,947,770$8,941,473
60$10,417,658$2,978,055$1,935,101$9,737,357
61$11,399,885$3,043,606$1,919,553$10,611,324
62$12,479,768$3,109,837$1,900,952$11,571,264
63$13,667,186$3,176,701$1,879,116$12,625,866
64$14,973,028$3,244,148$1,853,855$13,784,710
65$16,409,287$3,312,122$1,824,969$15,058,347
66$17,989,178$3,380,559$1,792,250$16,458,403
67$19,727,262$3,449,394$1,755,478$17,997,691
68$21,639,580$3,518,552$1,714,424$19,690,328
69$23,743,810$3,587,953$1,668,849$21,551,868
70$26,059,426$3,657,511$1,618,503$23,599,451
71$28,607,887$3,727,129$1,563,123$25,851,965
72$31,412,840$3,796,706$1,502,436$28,330,221
73$34,500,337$3,866,132$1,436,155$31,057,152
74$37,899,084$3,935,286$1,363,979$34,058,029
75$41,640,716$4,004,040$1,285,597$37,360,698
76$45,760,085$4,072,254$1,200,681$40,995,846
77$50,295,598$4,139,779$1,108,889$44,997,287
78$55,289,575$4,206,454$1,009,863$49,402,281
79$60,788,649$4,272,107$903,230$54,251,890
80$66,844,203$4,336,553$788,600$59,591,362
81$73,512,860$4,399,592$665,566$65,470,558
82$80,857,012$4,461,013$533,703$71,944,424
83$88,945,412$4,520,587$392,567$79,073,510
84$97,853,820$4,578,071$241,693$86,924,538
85$107,665,718$4,633,205$80,599$95,571,039
86$118,473,100$4,685,711$0$105,094,038
87$130,377,338$4,735,293$0$115,589,648
88$143,490,138$4,781,633$0$127,156,314
89$157,934,594$4,824,395$0$139,896,483
90$173,846,351$4,863,219$0$153,929,691
91$191,374,884$4,897,722$0$169,387,662
92$210,684,908$4,927,496$0$186,415,555
93$231,957,932$4,952,107$0$205,173,328
94$255,393,975$4,971,094$0$225,837,255
95$281,213,448$4,983,965$0$248,601,585
96$309,659,240$4,990,200$0$273,680,376
97$340,999,007$4,989,244$0$301,309,519
98$375,527,697$4,980,508$0$331,748,960
99$413,570,338$4,963,369$0$365,285,158
100$455,485,100$4,937,162$0$402,233,787