Can I retire at age 40 with 1,810,000?

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$149,468$148,137$146,838$145,570$144,332$138,880
2 years$73,994$72,616$71,280$69,986$68,729$63,300
3 years$48,839$47,455$46,123$44,840$43,605$38,368
4 years$36,265$34,885$33,566$32,305$31,099$26,096
5 years$28,722$27,350$26,048$24,813$23,641$18,884
6 years$23,695$22,333$21,051$19,843$18,706$14,199
7 years$20,105$18,756$17,494$16,314$15,213$10,954
8 years$17,414$16,077$14,836$13,686$12,621$8,606
9 years$15,323$13,998$12,778$11,657$10,629$6,852
10 years$13,650$12,338$11,140$10,049$9,056$5,511
11 years$12,283$10,984$9,808$8,745$7,789$4,467
12 years$11,144$9,859$8,704$7,671$6,749$3,643
13 years$10,182$8,909$7,777$6,772$5,886$2,986
14 years$9,357$8,098$6,987$6,012$5,159$2,456
15 years$8,643$7,398$6,309$5,361$4,543$2,027
16 years$8,019$6,788$5,720$4,800$4,015$1,677
17 years$7,469$6,251$5,205$4,313$3,560$1,391
18 years$6,980$5,776$4,751$3,887$3,165$1,155
19 years$6,544$5,353$4,349$3,512$2,821$961
20 years$6,152$4,975$3,992$3,181$2,520$800
21 years$5,797$4,634$3,672$2,887$2,255$667
22 years$5,475$4,325$3,384$2,625$2,021$556
23 years$5,182$4,045$3,124$2,391$1,815$464
24 years$4,913$3,790$2,890$2,180$1,631$388
25 years$4,666$3,557$2,676$1,991$1,468$324
26 years$4,439$3,343$2,482$1,821$1,322$271
27 years$4,229$3,146$2,305$1,666$1,192$226
28 years$4,034$2,965$2,143$1,527$1,075$189
29 years$3,853$2,797$1,994$1,400$971$158
30 years$3,684$2,641$1,857$1,285$877$133
31 years$3,527$2,497$1,732$1,180$793$111
32 years$3,380$2,363$1,616$1,085$718$93
33 years$3,241$2,237$1,508$997$649$78
34 years$3,112$2,121$1,409$918$588$65
35 years$2,990$2,011$1,318$845$533$54
36 years$2,875$1,909$1,233$778$483$46
37 years$2,766$1,813$1,154$717$437$38
38 years$2,664$1,723$1,080$661$396$32
39 years$2,567$1,639$1,012$609$360$27
40 years$2,475$1,559$949$562$326$22
41 years$2,387$1,484$890$518$296$19
42 years$2,304$1,413$835$478$268$16
43 years$2,226$1,347$783$442$244$13
44 years$2,151$1,284$735$408$221$11
45 years$2,079$1,224$690$377$201$9
46 years$2,011$1,168$648$348$182$8
47 years$1,946$1,114$609$321$166$6
48 years$1,884$1,064$572$297$150$5
49 years$1,824$1,016$538$274$137$5
50 years$1,767$970$506$254$124$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,810,000, adding $2,720 every year, while hoping to spend $58,269 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: 66/5/29 Blend
39$1,810,000$1,810,000$1,810,000$1,810,000
40$1,997,426$1,901,496$1,873,441$2,113,776
41$2,139,165$1,932,671$1,874,203$2,223,881
42$2,293,410$1,963,421$1,873,038$2,337,485
43$2,461,372$1,993,664$1,869,820$2,460,429
44$2,644,389$2,023,310$1,864,416$2,593,641
45$2,843,930$2,052,266$1,856,687$2,738,145
46$3,061,614$2,080,430$1,846,489$2,895,067
47$3,299,221$2,107,693$1,833,669$3,065,652
48$3,558,711$2,133,940$1,818,067$3,251,272
49$3,842,243$2,159,047$1,799,515$3,453,440
50$4,152,192$2,182,880$1,777,839$3,673,824
51$4,491,175$2,205,300$1,752,856$3,914,266
52$4,862,071$2,226,156$1,724,372$4,176,795
53$5,268,051$2,245,286$1,692,188$4,463,648
54$5,712,607$2,262,521$1,656,091$4,777,293
55$6,199,586$2,277,677$1,615,863$5,120,452
56$6,733,221$2,290,561$1,571,272$5,496,127
57$7,318,178$2,300,967$1,522,078$5,907,627
58$7,959,593$2,308,674$1,468,028$6,358,600
59$8,663,123$2,313,451$1,408,859$6,853,071
60$9,435,000$2,315,049$1,344,294$7,395,477
61$10,282,088$2,313,204$1,274,046$7,990,710
62$11,211,948$2,307,638$1,197,814$8,644,164
63$12,232,908$2,298,054$1,115,281$9,361,787
64$13,354,142$2,284,136$1,026,121$10,150,138
65$14,585,756$2,265,550$929,988$11,016,445
66$15,938,884$2,241,943$826,523$11,968,680
67$17,425,790$2,212,938$715,352$13,015,633
68$19,059,987$2,178,139$596,082$14,166,993
69$20,856,360$2,137,122$468,306$15,433,442
70$22,831,309$2,089,441$331,594$16,826,756
71$25,002,903$2,034,624$185,503$18,359,920
72$27,391,047$1,972,168$29,565$20,047,246
73$30,017,674$1,901,545$0$21,904,513
74$32,906,948$1,822,192$0$23,991,460
75$36,085,494$1,733,516$0$26,297,431
76$39,582,645$1,634,890$0$28,834,572
77$43,430,724$1,525,648$0$31,626,353
78$47,665,342$1,405,089$0$34,698,639
79$52,325,738$1,272,470$0$38,079,928
80$57,455,149$1,127,006$0$41,801,623
81$63,101,213$967,869$0$45,898,330
82$69,316,424$794,181$0$50,408,180
83$76,158,621$605,018$0$55,373,192
84$83,691,537$399,401$0$60,839,666
85$91,985,401$176,298$0$66,858,625
86$101,117,594$0$0$73,486,292
87$111,173,386$0$0$80,788,220
88$122,246,735$0$0$88,839,871
89$134,441,177$0$0$97,706,844
90$147,870,797$0$0$107,472,116
91$162,661,313$0$0$118,227,120
92$178,951,253$0$0$130,072,609
93$196,893,269$0$0$143,119,606
94$216,655,575$0$0$157,490,455
95$238,423,530$0$0$173,319,968
96$262,401,393$0$0$190,756,705
97$288,814,245$0$0$209,964,369
98$317,910,118$0$0$231,123,355
99$349,962,329$0$0$254,432,450
100$385,272,066$0$0$280,110,710