Can I retire at age 40 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$146,991$145,681$144,404$143,157$141,940$136,795
2 years$72,768$71,412$70,099$68,826$67,590$62,463
3 years$48,030$46,669$45,359$44,097$42,882$37,934
4 years$35,663$34,307$33,010$31,770$30,584$25,853
5 years$28,246$26,897$25,617$24,402$23,249$18,748
6 years$23,302$21,963$20,702$19,515$18,396$14,127
7 years$19,772$18,445$17,204$16,044$14,961$10,924
8 years$17,126$15,810$14,590$13,459$12,412$8,602
9 years$15,069$13,766$12,566$11,464$10,453$6,866
10 years$13,424$12,134$10,956$9,882$8,906$5,536
11 years$12,079$10,802$9,645$8,600$7,660$4,499
12 years$10,960$9,695$8,560$7,544$6,638$3,679
13 years$10,013$8,762$7,648$6,660$5,788$3,023
14 years$9,202$7,964$6,871$5,912$5,074$2,494
15 years$8,500$7,275$6,204$5,272$4,467$2,064
16 years$7,886$6,675$5,625$4,721$3,948$1,713
17 years$7,345$6,148$5,118$4,242$3,501$1,425
18 years$6,865$5,681$4,672$3,823$3,113$1,187
19 years$6,436$5,265$4,277$3,454$2,774$990
20 years$6,050$4,892$3,926$3,128$2,478$827
21 years$5,701$4,557$3,611$2,839$2,218$691
22 years$5,384$4,254$3,328$2,581$1,988$579
23 years$5,096$3,978$3,073$2,351$1,784$484
24 years$4,832$3,728$2,842$2,144$1,604$406
25 years$4,589$3,498$2,632$1,958$1,443$340
26 years$4,366$3,288$2,441$1,790$1,300$285
27 years$4,159$3,094$2,267$1,639$1,172$239
28 years$3,967$2,916$2,107$1,502$1,058$201
29 years$3,789$2,750$1,961$1,377$955$169
30 years$3,623$2,598$1,827$1,264$863$142
31 years$3,468$2,456$1,703$1,161$780$119
32 years$3,324$2,323$1,589$1,067$706$100
33 years$3,188$2,200$1,483$981$639$84
34 years$3,060$2,085$1,386$902$578$70
35 years$2,940$1,978$1,296$831$524$59
36 years$2,827$1,877$1,212$765$475$50
37 years$2,720$1,783$1,135$705$430$42
38 years$2,619$1,695$1,063$650$390$35
39 years$2,524$1,611$995$599$354$29
40 years$2,434$1,533$933$553$321$25
41 years$2,348$1,459$875$510$291$21
42 years$2,266$1,390$821$471$264$17
43 years$2,189$1,324$770$434$240$15
44 years$2,115$1,262$723$401$217$12
45 years$2,045$1,204$679$370$197$10
46 years$1,978$1,148$638$342$179$9
47 years$1,914$1,096$599$316$163$7
48 years$1,852$1,046$563$292$148$6
49 years$1,794$999$529$270$134$5
50 years$1,738$954$497$250$122$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,780,000, adding $5,256 every year, while hoping to spend $48,854 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: 80/15/5 Blend
39$1,780,000$1,780,000$1,780,000$1,780,000
40$1,966,982$1,872,642$1,845,052$2,123,603
41$2,115,633$1,912,421$1,854,881$2,266,623
42$2,277,810$1,952,512$1,863,401$2,416,496
43$2,454,840$1,992,878$1,870,519$2,579,438
44$2,648,185$2,033,480$1,876,132$2,756,728
45$2,859,454$2,074,275$1,880,137$2,949,771
46$3,090,419$2,115,215$1,882,422$3,160,118
47$3,343,031$2,156,249$1,882,872$3,389,473
48$3,619,436$2,197,322$1,881,364$3,639,716
49$3,922,000$2,238,372$1,877,772$3,912,915
50$4,253,328$2,279,336$1,871,960$4,211,348
51$4,616,286$2,320,142$1,863,790$4,537,527
52$5,014,033$2,360,715$1,853,113$4,894,216
53$5,450,048$2,400,973$1,839,775$5,284,460
54$5,928,160$2,440,828$1,823,615$5,711,615
55$6,452,589$2,480,186$1,804,463$6,179,377
56$7,027,982$2,518,944$1,782,142$6,691,818
57$7,659,459$2,556,994$1,756,465$7,253,424
58$8,352,656$2,594,220$1,727,240$7,869,138
59$9,113,785$2,630,495$1,694,261$8,544,405
60$9,949,688$2,665,686$1,657,315$9,285,224
61$10,867,901$2,699,650$1,616,180$10,098,207
62$11,876,728$2,732,233$1,570,623$10,990,638
63$12,985,314$2,763,273$1,520,399$11,970,541
64$14,203,737$2,792,594$1,465,253$13,046,760
65$15,543,097$2,820,010$1,404,918$14,229,039
66$17,015,626$2,845,323$1,339,115$15,528,115
67$18,634,797$2,868,321$1,267,553$16,955,819
68$20,415,456$2,888,778$1,189,925$18,525,187
69$22,373,959$2,906,455$1,105,915$20,250,587
70$24,528,328$2,921,096$1,015,188$22,147,848
71$26,898,417$2,932,430$917,397$24,234,413
72$29,506,104$2,940,167$812,178$26,529,506
73$32,375,492$2,944,001$699,151$29,054,310
74$35,533,141$2,943,606$577,921$31,832,166
75$39,008,313$2,938,634$448,074$34,888,799
76$42,833,253$2,928,719$309,176$38,252,554
77$47,043,488$2,913,470$160,777$41,954,669
78$51,678,167$2,892,473$2,406$46,029,567
79$56,780,424$2,865,289$0$50,515,183
80$62,397,791$2,831,451$0$55,462,208
81$68,582,641$2,790,468$0$60,908,537
82$75,392,685$2,741,815$0$66,904,836
83$82,891,513$2,684,938$0$73,507,081
84$91,149,198$2,619,250$0$80,776,955
85$100,242,953$2,544,131$0$88,782,431
86$110,257,863$2,458,922$0$97,598,417
87$121,287,682$2,362,926$0$107,307,459
88$133,435,723$2,255,407$0$118,000,520
89$146,815,831$2,135,586$0$129,777,843
90$161,553,454$2,002,639$0$142,749,895
91$177,786,831$1,855,692$0$157,038,409
92$195,668,292$1,693,826$0$172,777,536
93$215,365,699$1,516,064$0$190,115,110
94$237,064,028$1,321,379$0$209,214,043
95$260,967,114$1,108,682$0$230,253,865
96$287,299,575$876,822$0$253,432,420
97$316,308,932$624,587$0$278,967,731
98$348,267,945$350,694$0$307,100,062
99$383,477,185$53,788$0$338,094,184
100$422,267,874$0$0$372,241,877