Can I retire at age 40 with 1,830,000?

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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$151,120$149,774$148,460$147,178$145,927$140,192
2 years$74,812$73,418$72,068$70,759$69,489$63,782
3 years$49,379$47,980$46,633$45,336$44,087$38,586
4 years$36,665$35,270$33,937$32,662$31,443$26,192
5 years$29,039$27,652$26,336$25,088$23,902$18,913
6 years$23,956$22,580$21,284$20,063$18,913$14,189
7 years$20,327$18,963$17,687$16,495$15,381$10,922
8 years$17,607$16,255$15,000$13,837$12,760$8,560
9 years$15,492$14,153$12,919$11,786$10,746$6,799
10 years$13,801$12,475$11,263$10,160$9,156$5,454
11 years$12,419$11,106$9,916$8,842$7,875$4,410
12 years$11,267$9,968$8,800$7,756$6,824$3,587
13 years$10,294$9,008$7,862$6,847$5,951$2,931
14 years$9,460$8,188$7,064$6,078$5,216$2,405
15 years$8,739$7,480$6,378$5,421$4,593$1,979
16 years$8,108$6,863$5,783$4,853$4,059$1,633
17 years$7,551$6,320$5,262$4,361$3,599$1,350
18 years$7,058$5,840$4,804$3,930$3,200$1,118
19 years$6,616$5,413$4,398$3,551$2,852$927
20 years$6,220$5,030$4,036$3,216$2,548$769
21 years$5,861$4,685$3,712$2,919$2,280$639
22 years$5,536$4,373$3,421$2,654$2,044$532
23 years$5,239$4,090$3,159$2,417$1,835$442
24 years$4,967$3,832$2,922$2,204$1,649$368
25 years$4,718$3,596$2,706$2,013$1,484$307
26 years$4,488$3,380$2,510$1,841$1,337$256
27 years$4,276$3,181$2,330$1,685$1,205$213
28 years$4,079$2,997$2,166$1,544$1,087$178
29 years$3,896$2,828$2,016$1,416$982$148
30 years$3,725$2,670$1,878$1,299$887$123
31 years$3,566$2,524$1,751$1,193$802$103
32 years$3,417$2,389$1,633$1,097$726$86
33 years$3,277$2,262$1,525$1,008$657$72
34 years$3,146$2,144$1,425$928$594$60
35 years$3,023$2,034$1,332$854$538$50
36 years$2,906$1,930$1,246$787$488$42
37 years$2,797$1,833$1,167$725$442$35
38 years$2,693$1,742$1,092$668$401$29
39 years$2,595$1,657$1,023$616$364$24
40 years$2,502$1,576$959$568$330$20
41 years$2,414$1,500$899$524$299$17
42 years$2,330$1,429$844$484$271$14
43 years$2,250$1,361$792$447$246$12
44 years$2,174$1,298$743$412$224$10
45 years$2,102$1,237$698$381$203$8
46 years$2,033$1,181$655$352$184$7
47 years$1,967$1,127$616$325$167$6
48 years$1,904$1,075$579$300$152$5
49 years$1,844$1,027$544$278$138$4
50 years$1,787$981$511$257$125$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,830,000, adding $6,192 every year, while hoping to spend $54,845 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: 56/35/9 Blend
39$1,830,000$1,830,000$1,830,000$1,830,000
40$2,023,047$1,926,057$1,897,692$2,131,635
41$2,171,043$1,962,079$1,902,910$2,241,681
42$2,332,297$1,998,028$1,906,465$2,354,865
43$2,508,102$2,033,843$1,908,242$2,476,819
44$2,699,884$2,069,456$1,908,124$2,608,387
45$2,909,210$2,104,798$1,905,984$2,750,499
46$3,137,806$2,139,790$1,901,691$2,904,179
47$3,387,573$2,174,350$1,895,108$3,070,557
48$3,660,602$2,208,389$1,886,091$3,250,879
49$3,959,195$2,241,813$1,874,487$3,446,516
50$4,285,890$2,274,518$1,860,139$3,658,981
51$4,643,477$2,306,396$1,842,880$3,889,941
52$5,035,032$2,337,330$1,822,537$4,141,236
53$5,463,940$2,367,193$1,798,927$4,414,892
54$5,933,929$2,395,853$1,771,858$4,713,143
55$6,449,107$2,423,167$1,741,132$5,038,452
56$7,013,995$2,448,981$1,706,539$5,393,535
57$7,633,574$2,473,133$1,667,860$5,781,386
58$8,313,331$2,495,449$1,624,866$6,205,305
59$9,059,310$2,515,745$1,577,317$6,668,933
60$9,878,165$2,533,822$1,524,964$7,176,281
61$10,777,231$2,549,472$1,467,542$7,731,773
62$11,764,583$2,562,470$1,404,779$8,340,286
63$12,849,119$2,572,580$1,336,388$9,007,198
64$14,040,641$2,579,549$1,262,069$9,738,437
65$15,349,947$2,583,107$1,181,509$10,540,539
66$16,788,933$2,582,971$1,094,381$11,420,711
67$18,370,704$2,578,836$1,000,343$12,386,897
68$20,109,699$2,570,382$899,038$13,447,857
69$22,021,824$2,557,267$790,091$14,613,247
70$24,124,606$2,539,129$673,115$15,893,714
71$26,437,353$2,515,584$547,702$17,300,996
72$28,981,340$2,486,224$413,426$18,848,032
73$31,780,005$2,450,617$269,845$20,549,088
74$34,859,175$2,408,307$116,494$22,419,890
75$38,247,305$2,358,809$0$24,477,778
76$41,975,749$2,301,608$0$26,746,392
77$46,079,050$2,236,162$0$29,254,507
78$50,595,275$2,161,896$0$32,014,204
79$55,566,363$2,078,199$0$35,051,142
80$61,038,529$1,984,427$0$38,393,603
81$67,062,694$1,879,900$0$42,072,761
82$73,694,969$1,763,895$0$46,122,980
83$80,997,180$1,635,650$0$50,582,132
84$89,037,454$1,494,359$0$55,491,964
85$97,890,861$1,339,169$0$60,898,491
86$107,640,120$1,169,179$0$66,852,429
87$118,376,383$983,439$0$73,409,680
88$130,200,088$780,942$0$80,631,858
89$143,221,915$560,626$0$88,586,874
90$157,563,822$321,369$0$97,349,581
91$173,360,203$61,987$0$107,002,479
92$190,759,148$0$0$117,636,499
93$209,923,845$0$0$129,436,121
94$231,034,120$0$0$142,460,163
95$254,288,132$0$0$156,807,037
96$279,904,242$0$0$172,611,494
97$308,123,075$0$0$190,022,025
98$339,209,789$0$0$209,202,262
99$373,456,581$0$0$230,332,519
100$411,185,438$0$0$253,611,498