Can I retire at age 40 with 1,800,000?

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$148,642$147,318$146,027$144,766$143,535$140,579
2 years$73,585$72,215$70,887$69,599$68,350$65,386
3 years$48,570$47,193$45,868$44,593$43,364$40,484
4 years$36,064$34,692$33,380$32,127$30,928$28,153
5 years$28,563$27,199$25,905$24,676$23,511$20,850
6 years$23,564$22,210$20,935$19,734$18,603$16,059
7 years$19,994$18,652$17,397$16,224$15,129$12,703
8 years$17,318$15,988$14,754$13,610$12,551$10,241
9 years$15,238$13,921$12,708$11,593$10,570$8,375
10 years$13,575$12,270$11,079$9,993$9,006$6,924
11 years$12,215$10,924$9,754$8,697$7,746$5,773
12 years$11,083$9,804$8,656$7,628$6,712$4,847
13 years$10,125$8,860$7,734$6,735$5,853$4,092
14 years$9,305$8,054$6,949$5,978$5,131$3,471
15 years$8,595$7,357$6,274$5,332$4,518$2,955
16 years$7,975$6,750$5,688$4,774$3,993$2,523
17 years$7,428$6,217$5,176$4,289$3,540$2,160
18 years$6,942$5,744$4,725$3,866$3,148$1,854
19 years$6,508$5,324$4,325$3,493$2,806$1,594
20 years$6,118$4,947$3,970$3,163$2,506$1,372
21 years$5,765$4,608$3,651$2,871$2,243$1,183
22 years$5,445$4,302$3,365$2,610$2,010$1,021
23 years$5,153$4,023$3,107$2,377$1,804$883
24 years$4,886$3,769$2,874$2,168$1,622$763
25 years$4,641$3,537$2,662$1,980$1,459$661
26 years$4,415$3,325$2,468$1,811$1,315$572
27 years$4,206$3,129$2,292$1,657$1,185$496
28 years$4,012$2,948$2,131$1,518$1,069$430
29 years$3,832$2,781$1,983$1,392$966$373
30 years$3,664$2,627$1,847$1,278$873$323
31 years$3,507$2,483$1,722$1,174$789$281
32 years$3,361$2,350$1,607$1,079$714$244
33 years$3,224$2,225$1,500$992$646$212
34 years$3,095$2,109$1,402$913$585$184
35 years$2,973$2,000$1,310$840$530$160
36 years$2,859$1,898$1,226$774$480$139
37 years$2,751$1,803$1,147$713$435$120
38 years$2,649$1,714$1,074$657$394$105
39 years$2,552$1,629$1,007$606$358$91
40 years$2,461$1,550$944$559$324$79
41 years$2,374$1,476$885$516$294$69
42 years$2,292$1,405$830$476$267$60
43 years$2,213$1,339$779$439$242$52
44 years$2,139$1,276$731$406$220$45
45 years$2,068$1,217$686$375$200$39
46 years$2,000$1,161$645$346$181$34
47 years$1,935$1,108$606$320$165$30
48 years$1,873$1,058$569$295$149$26
49 years$1,814$1,010$535$273$136$22
50 years$1,757$965$503$252$123$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,800,000, adding $5,230 every year, while hoping to spend $47,867 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: 63/17/20 Blend
39$1,800,000$1,800,000$1,800,000$1,800,000
40$1,988,995$1,893,595$1,865,695$2,103,776
41$2,140,942$1,935,451$1,877,265$2,223,588
42$2,306,784$1,977,753$1,887,619$2,348,537
43$2,487,886$2,020,474$1,896,665$2,483,889
44$2,685,755$2,063,581$1,904,307$2,630,663
45$2,902,045$2,107,040$1,910,445$2,789,983
46$3,138,580$2,150,811$1,914,972$2,963,085
47$3,397,369$2,194,855$1,917,777$3,151,334
48$3,680,621$2,239,124$1,918,743$3,356,233
49$3,990,773$2,283,568$1,917,749$3,579,437
50$4,330,503$2,328,135$1,914,665$3,822,771
51$4,702,765$2,372,764$1,909,357$4,088,248
52$5,110,810$2,417,393$1,901,684$4,378,083
53$5,558,220$2,461,952$1,891,497$4,694,721
54$6,048,937$2,506,367$1,878,641$5,040,854
55$6,587,307$2,550,557$1,862,954$5,419,451
56$7,178,113$2,594,435$1,844,264$5,833,782
57$7,826,628$2,637,909$1,822,394$6,287,455
58$8,538,656$2,680,879$1,797,156$6,784,442
59$9,320,592$2,723,236$1,768,354$7,329,125
60$10,179,483$2,764,864$1,735,784$7,926,332
61$11,123,088$2,805,640$1,699,230$8,581,385
62$12,159,958$2,845,432$1,658,470$9,300,149
63$13,299,511$2,884,095$1,613,266$10,089,091
64$14,552,125$2,921,480$1,563,374$10,955,336
65$15,929,232$2,957,422$1,508,537$11,906,741
66$17,443,426$2,991,749$1,448,486$12,951,962
67$19,108,584$3,024,273$1,382,939$14,100,543
68$20,939,996$3,054,799$1,311,603$15,363,002
69$22,954,505$3,083,113$1,234,172$16,750,933
70$25,170,671$3,108,992$1,150,323$18,277,115
71$27,608,942$3,132,195$1,059,721$19,955,632
72$30,291,849$3,152,468$962,017$21,802,009
73$33,244,216$3,169,538$856,843$23,833,357
74$36,493,397$3,183,116$743,818$26,068,536
75$40,069,530$3,192,895$622,543$28,528,332
76$44,005,823$3,198,548$492,599$31,235,657
77$48,338,868$3,199,728$353,552$34,215,763
78$53,108,984$3,196,066$204,947$37,496,482
79$58,360,598$3,187,170$46,310$41,108,492
80$64,142,663$3,172,625$0$45,085,601
81$70,509,120$3,151,990$0$49,491,320
82$77,519,410$3,124,797$0$54,352,728
83$85,239,027$3,090,550$0$59,705,313
84$93,740,144$3,048,722$0$65,599,087
85$103,102,286$2,998,758$0$72,089,162
86$113,413,088$2,940,065$0$79,236,273
87$124,769,114$2,872,019$0$87,107,347
88$137,276,773$2,793,958$0$95,776,143
89$151,053,321$2,705,179$0$105,323,939
90$166,227,968$2,604,941$0$115,840,308
91$182,943,097$2,492,459$0$127,423,960
92$201,355,604$2,366,901$0$140,183,673
93$221,638,385$2,227,389$0$154,239,324
94$243,981,962$2,072,992$0$169,723,016
95$268,596,282$1,902,729$0$186,780,334
96$295,712,700$1,715,560$0$205,571,709
97$325,586,160$1,510,387$0$226,273,943
98$358,497,602$1,286,049$0$249,081,874
99$394,756,613$1,041,321$0$274,210,215
100$434,704,349$774,908$0$301,895,586