Can I retire at age 40 with 1,860,000?

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$153,597$152,229$150,894$149,591$148,319$142,773
2 years$76,038$74,622$73,250$71,919$70,628$65,104
3 years$50,189$48,766$47,397$46,079$44,809$39,481
4 years$37,266$35,848$34,493$33,197$31,958$26,866
5 years$29,515$28,106$26,768$25,499$24,294$19,452
6 years$24,349$22,950$21,633$20,392$19,223$14,634
7 years$20,661$19,274$17,977$16,765$15,634$11,296
8 years$17,896$16,521$15,246$14,064$12,970$8,880
9 years$15,746$14,385$13,131$11,979$10,922$7,074
10 years$14,027$12,679$11,448$10,326$9,306$5,693
11 years$12,622$11,288$10,079$8,987$8,004$4,618
12 years$11,452$10,131$8,945$7,883$6,936$3,769
13 years$10,463$9,156$7,991$6,959$6,048$3,091
14 years$9,615$8,322$7,180$6,178$5,302$2,544
15 years$8,882$7,602$6,483$5,509$4,668$2,101
16 years$8,241$6,975$5,878$4,933$4,126$1,740
17 years$7,675$6,424$5,348$4,432$3,658$1,444
18 years$7,173$5,936$4,882$3,994$3,253$1,200
19 years$6,725$5,501$4,470$3,609$2,899$999
20 years$6,322$5,112$4,102$3,269$2,590$832
21 years$5,957$4,762$3,773$2,967$2,317$694
22 years$5,626$4,445$3,477$2,697$2,077$580
23 years$5,325$4,157$3,211$2,457$1,865$484
24 years$5,049$3,895$2,969$2,241$1,676$405
25 years$4,795$3,655$2,750$2,046$1,508$338
26 years$4,562$3,435$2,551$1,871$1,358$283
27 years$4,346$3,233$2,369$1,713$1,225$237
28 years$4,146$3,047$2,202$1,569$1,105$198
29 years$3,959$2,874$2,049$1,439$998$166
30 years$3,786$2,714$1,909$1,321$902$139
31 years$3,624$2,566$1,779$1,213$815$116
32 years$3,473$2,428$1,660$1,115$737$98
33 years$3,331$2,299$1,550$1,025$667$82
34 years$3,198$2,179$1,448$943$604$68
35 years$3,072$2,067$1,354$868$547$57
36 years$2,954$1,962$1,267$800$496$48
37 years$2,843$1,863$1,186$737$449$40
38 years$2,737$1,771$1,110$679$407$34
39 years$2,637$1,684$1,040$626$369$28
40 years$2,543$1,602$975$577$335$24
41 years$2,453$1,525$914$533$304$20
42 years$2,368$1,452$858$492$276$17
43 years$2,287$1,384$805$454$250$14
44 years$2,210$1,319$755$419$227$12
45 years$2,136$1,258$709$387$206$10
46 years$2,066$1,200$666$358$187$8
47 years$2,000$1,145$626$330$170$7
48 years$1,936$1,093$588$305$154$6
49 years$1,874$1,044$553$282$140$5
50 years$1,816$997$520$261$127$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,860,000, adding $3,915 every year, while hoping to spend $44,601 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: 65/21/14 Blend
39$1,860,000$1,860,000$1,860,000$1,860,000
40$2,053,758$1,955,178$1,926,348$2,180,208
41$2,215,787$2,003,527$1,943,426$2,313,576
42$2,392,847$2,052,750$1,959,581$2,453,707
43$2,586,425$2,102,843$1,974,735$2,605,720
44$2,798,158$2,153,800$1,988,806$2,770,775
45$3,029,848$2,205,613$2,001,708$2,950,148
46$3,283,477$2,258,273$2,013,350$3,145,245
47$3,561,231$2,311,767$2,023,636$3,357,615
48$3,865,515$2,366,082$2,032,467$3,588,962
49$4,198,978$2,421,202$2,039,736$3,841,168
50$4,564,540$2,477,106$2,045,333$4,116,300
51$4,965,412$2,533,774$2,049,141$4,416,640
52$5,405,135$2,591,180$2,051,038$4,744,699
53$5,887,608$2,649,296$2,050,896$5,103,247
54$6,417,123$2,708,091$2,048,581$5,495,332
55$6,998,412$2,767,530$2,043,951$5,924,315
56$7,636,685$2,827,574$2,036,858$6,393,899
57$8,337,682$2,888,179$2,027,147$6,908,162
58$9,107,724$2,949,299$2,014,656$7,471,600
59$9,953,779$3,010,882$1,999,213$8,089,166
60$10,883,519$3,072,869$1,980,641$8,766,319
61$11,905,397$3,135,199$1,958,752$9,509,073
62$13,028,727$3,197,804$1,933,350$10,324,056
63$14,263,771$3,260,609$1,904,230$11,218,573
64$15,621,831$3,323,535$1,871,178$12,200,671
65$17,115,362$3,386,493$1,833,967$13,279,220
66$18,758,087$3,449,389$1,792,363$14,463,996
67$20,565,124$3,512,121$1,746,119$15,765,769
68$22,553,131$3,574,579$1,694,978$17,196,410
69$24,740,461$3,636,644$1,638,671$18,769,000
70$27,147,337$3,698,188$1,576,915$20,497,956
71$29,796,039$3,759,073$1,509,415$22,399,166
72$32,711,118$3,819,152$1,435,864$24,490,138
73$35,919,626$3,878,264$1,355,940$26,790,168
74$39,451,369$3,936,240$1,269,305$29,320,519
75$43,339,190$3,992,897$1,175,608$32,104,628
76$47,619,278$4,048,039$1,074,481$35,168,318
77$52,331,508$4,101,457$965,540$38,540,054
78$57,519,821$4,152,928$848,385$42,251,200
79$63,232,632$4,202,211$722,595$46,336,326
80$69,523,293$4,249,051$587,734$50,833,526
81$76,450,590$4,293,176$443,344$55,784,785
82$84,079,303$4,334,294$288,949$61,236,371
83$92,480,813$4,372,096$124,050$67,239,274
84$101,733,778$4,406,251$0$73,849,690
85$111,924,874$4,436,407$0$81,137,305
86$123,149,609$4,462,189$0$89,182,891
87$135,513,233$4,483,200$0$98,043,201
88$149,131,720$4,499,014$0$107,801,212
89$164,132,872$4,509,182$0$118,548,369
90$180,657,516$4,513,224$0$130,385,443
91$198,860,843$4,510,632$0$143,423,481
92$218,913,860$4,500,864$0$157,784,859
93$241,005,016$4,483,348$0$173,604,434
94$265,341,970$4,457,475$0$191,030,820
95$292,153,559$4,422,600$0$210,227,788
96$321,691,951$4,378,036$0$231,375,815
97$354,235,030$4,323,059$0$254,673,789
98$390,089,013$4,256,899$0$280,340,885
99$429,591,345$4,178,740$0$308,618,633
100$473,113,883$4,087,719$0$339,773,203