Can I retire at age 40 with 1,820,000?

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 $1,820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$150,294$148,955$147,649$146,374$145,129$141,563
2 years$74,403$73,017$71,674$70,372$69,109$65,539
3 years$49,109$47,718$46,378$45,088$43,846$40,382
4 years$36,465$35,077$33,751$32,483$31,271$27,941
5 years$28,880$27,501$26,192$24,950$23,772$20,585
6 years$23,825$22,457$21,167$19,953$18,810$15,769
7 years$20,216$18,859$17,590$16,405$15,297$12,403
8 years$17,511$16,166$14,918$13,761$12,691$9,941
9 years$15,407$14,075$12,849$11,722$10,687$8,081
10 years$13,726$12,407$11,202$10,104$9,106$6,639
11 years$12,351$11,045$9,862$8,794$7,832$5,501
12 years$11,206$9,913$8,752$7,713$6,787$4,589
13 years$10,238$8,959$7,820$6,810$5,918$3,848
14 years$9,409$8,143$7,026$6,045$5,188$3,242
15 years$8,691$7,439$6,343$5,391$4,568$2,740
16 years$8,063$6,825$5,751$4,827$4,037$2,324
17 years$7,510$6,286$5,233$4,337$3,579$1,975
18 years$7,019$5,808$4,777$3,908$3,183$1,682
19 years$6,580$5,383$4,373$3,532$2,837$1,436
20 years$6,186$5,002$4,014$3,199$2,534$1,227
21 years$5,829$4,659$3,692$2,903$2,268$1,050
22 years$5,505$4,349$3,403$2,639$2,033$899
23 years$5,210$4,068$3,142$2,404$1,825$771
24 years$4,940$3,811$2,906$2,192$1,640$662
25 years$4,692$3,577$2,691$2,002$1,476$568
26 years$4,464$3,362$2,496$1,831$1,329$488
27 years$4,252$3,164$2,318$1,676$1,198$419
28 years$4,056$2,981$2,155$1,535$1,081$361
29 years$3,874$2,812$2,005$1,408$976$310
30 years$3,705$2,656$1,868$1,292$882$267
31 years$3,546$2,511$1,741$1,187$798$230
32 years$3,398$2,376$1,624$1,091$722$198
33 years$3,259$2,250$1,517$1,003$653$170
34 years$3,129$2,132$1,417$923$591$147
35 years$3,006$2,022$1,325$849$535$126
36 years$2,891$1,920$1,239$782$485$109
37 years$2,781$1,823$1,160$721$440$94
38 years$2,678$1,733$1,086$664$399$81
39 years$2,581$1,648$1,018$613$362$70
40 years$2,488$1,568$954$565$328$60
41 years$2,400$1,492$895$521$297$52
42 years$2,317$1,421$839$481$270$45
43 years$2,238$1,354$787$444$245$38
44 years$2,162$1,291$739$410$222$33
45 years$2,091$1,231$694$379$202$29
46 years$2,022$1,174$652$350$183$25
47 years$1,957$1,120$612$323$166$21
48 years$1,894$1,070$575$299$151$18
49 years$1,834$1,021$541$276$137$16
50 years$1,777$976$509$255$125$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,820,000, adding $4,719 every year, while hoping to spend $36,719 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: 51/44/5 Blend
39$1,820,000$1,820,000$1,820,000$1,820,000
40$2,010,508$1,914,048$1,885,838$2,110,478
41$2,176,511$1,968,767$1,909,944$2,233,583
42$2,358,215$2,024,937$1,933,628$2,362,947
43$2,557,185$2,082,591$1,956,836$2,502,677
44$2,775,139$2,141,759$1,979,512$2,653,752
45$3,013,974$2,202,477$2,001,596$2,817,250
46$3,275,778$2,264,776$2,023,028$2,994,356
47$3,562,848$2,328,691$2,043,740$3,186,374
48$3,877,717$2,394,255$2,063,664$3,394,739
49$4,223,173$2,461,503$2,082,726$3,621,032
50$4,602,289$2,530,468$2,100,849$3,866,990
51$5,018,448$2,601,187$2,117,953$4,134,526
52$5,475,376$2,673,692$2,133,951$4,425,748
53$5,977,181$2,748,019$2,148,755$4,742,973
54$6,528,384$2,824,202$2,162,269$5,088,756
55$7,133,968$2,902,277$2,174,393$5,465,908
56$7,799,421$2,982,277$2,185,024$5,877,523
57$8,530,791$3,064,238$2,194,052$6,327,012
58$9,334,740$3,148,194$2,201,361$6,818,127
59$10,218,606$3,234,178$2,206,829$7,355,004
60$11,190,476$3,322,225$2,210,330$7,942,196
61$12,259,258$3,412,367$2,211,730$8,584,719
62$13,434,768$3,504,639$2,210,888$9,288,096
63$14,727,819$3,599,071$2,207,657$10,058,414
64$16,150,327$3,695,695$2,201,884$10,902,374
65$17,715,419$3,794,543$2,193,406$11,827,362
66$19,437,559$3,895,643$2,182,053$12,841,512
67$21,332,686$3,999,026$2,167,647$13,953,785
68$23,418,359$4,104,717$2,150,003$15,174,054
69$25,713,928$4,212,745$2,128,924$16,513,195
70$28,240,712$4,323,132$2,104,206$17,983,192
71$31,022,203$4,435,904$2,075,635$19,597,248
72$34,084,285$4,551,081$2,042,987$21,369,908
73$37,455,481$4,668,683$2,006,026$23,317,200
74$41,167,219$4,788,727$1,964,506$25,456,783
75$45,254,130$4,911,229$1,918,172$27,808,114
76$49,754,373$5,036,201$1,866,752$30,392,631
77$54,709,996$5,163,653$1,809,966$33,233,957
78$60,167,335$5,293,591$1,747,519$36,358,121
79$66,177,445$5,426,018$1,679,102$39,793,803
80$72,796,587$5,560,936$1,604,395$43,572,606
81$80,086,757$5,698,340$1,523,060$47,729,355
82$88,116,269$5,838,221$1,434,745$52,302,421
83$96,960,402$5,980,567$1,339,082$57,334,089
84$106,702,109$6,125,361$1,235,688$62,870,952
85$117,432,800$6,272,580$1,124,159$68,964,353
86$129,253,204$6,422,195$1,004,078$75,670,871
87$142,274,321$6,574,173$875,004$83,052,850
88$156,618,467$6,728,472$736,482$91,178,992
89$172,420,428$6,885,045$588,032$100,125,005
90$189,828,736$7,043,837$429,155$109,974,315
91$209,007,067$7,204,784$259,332$120,818,855
92$230,135,785$7,367,816$78,016$132,759,933
93$253,413,647$7,532,851$0$145,909,188
94$279,059,677$7,699,799$0$160,395,806
95$307,315,235$7,868,559$0$176,354,038
96$338,446,290$8,039,020$0$193,929,146
97$372,745,938$8,211,058$0$213,285,800
98$410,537,161$8,384,537$0$234,605,459
99$452,175,879$8,559,307$0$258,088,088
100$498,054,310$8,735,205$0$283,954,047