Can I retire at age 40 with 1,870,000?

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$154,423$153,047$151,705$150,395$149,116$148,301
2 years$76,447$75,023$73,643$72,306$71,008$70,185
3 years$50,458$49,028$47,652$46,327$45,050$44,246
4 years$37,467$36,041$34,679$33,376$32,130$31,350
5 years$29,674$28,257$26,912$25,636$24,425$23,671
6 years$24,480$23,074$21,749$20,501$19,327$18,600
7 years$20,772$19,377$18,073$16,855$15,718$15,019
8 years$17,992$16,610$15,328$14,139$13,039$12,369
9 years$15,831$14,462$13,202$12,044$10,981$10,338
10 years$14,103$12,747$11,510$10,382$9,356$8,741
11 years$12,690$11,348$10,133$9,035$8,047$7,459
12 years$11,514$10,186$8,993$7,925$6,973$6,412
13 years$10,519$9,205$8,034$6,997$6,081$5,545
14 years$9,667$8,367$7,219$6,211$5,330$4,820
15 years$8,930$7,643$6,518$5,539$4,693$4,208
16 years$8,285$7,013$5,909$4,960$4,148$3,687
17 years$7,716$6,458$5,377$4,456$3,678$3,240
18 years$7,212$5,968$4,909$4,016$3,270$2,855
19 years$6,761$5,531$4,494$3,629$2,915$2,522
20 years$6,356$5,140$4,124$3,286$2,604$2,232
21 years$5,989$4,787$3,793$2,983$2,330$1,978
22 years$5,657$4,469$3,496$2,712$2,088$1,756
23 years$5,354$4,180$3,228$2,470$1,875$1,561
24 years$5,076$3,916$2,985$2,253$1,685$1,390
25 years$4,821$3,675$2,765$2,057$1,516$1,238
26 years$4,586$3,454$2,564$1,881$1,366$1,104
27 years$4,369$3,251$2,381$1,722$1,231$986
28 years$4,168$3,063$2,214$1,577$1,111$880
29 years$3,981$2,890$2,060$1,447$1,003$787
30 years$3,807$2,729$1,919$1,328$907$703
31 years$3,644$2,580$1,789$1,219$820$629
32 years$3,492$2,441$1,669$1,121$741$563
33 years$3,349$2,312$1,558$1,030$671$504
34 years$3,215$2,191$1,456$948$607$452
35 years$3,089$2,078$1,361$873$550$405
36 years$2,970$1,972$1,274$804$499$363
37 years$2,858$1,873$1,192$741$452$325
38 years$2,752$1,780$1,116$683$410$292
39 years$2,652$1,693$1,046$629$371$262
40 years$2,557$1,611$980$581$337$235
41 years$2,466$1,533$919$536$306$211
42 years$2,381$1,460$862$494$277$189
43 years$2,299$1,391$809$456$252$170
44 years$2,222$1,326$759$421$228$152
45 years$2,148$1,265$713$389$207$137
46 years$2,078$1,206$670$359$188$123
47 years$2,010$1,151$629$332$171$110
48 years$1,946$1,099$591$307$155$99
49 years$1,885$1,049$556$284$141$89
50 years$1,826$1,002$523$262$128$80

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,870,000, adding $6,074 every year, while hoping to spend $27,228 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: 39/37/24 Blend
39$1,870,000$1,870,000$1,870,000$1,870,000
40$2,067,005$1,967,895$1,938,910$2,132,671
41$2,248,869$2,035,352$1,974,893$2,248,263
42$2,448,371$2,105,201$2,011,169$2,370,174
43$2,667,281$2,177,532$2,047,719$2,501,459
44$2,907,548$2,252,436$2,084,523$2,642,986
45$3,171,321$2,330,008$2,121,557$2,795,711
46$3,460,966$2,410,349$2,158,800$2,960,682
47$3,779,089$2,493,560$2,196,224$3,139,055
48$4,128,562$2,579,750$2,233,803$3,332,098
49$4,512,547$2,669,029$2,271,507$3,541,206
50$4,934,528$2,761,513$2,309,304$3,767,913
51$5,398,346$2,857,323$2,347,161$4,013,909
52$5,908,228$2,956,583$2,385,042$4,281,050
53$6,468,835$3,059,423$2,422,909$4,571,380
54$7,085,299$3,165,978$2,460,720$4,887,147
55$7,763,278$3,276,389$2,498,431$5,230,827
56$8,509,001$3,390,801$2,535,998$5,605,141
57$9,329,335$3,509,366$2,573,370$6,013,089
58$10,231,844$3,632,242$2,610,495$6,457,968
59$11,224,863$3,759,593$2,647,317$6,943,412
60$12,317,575$3,891,589$2,683,778$7,473,418
61$13,520,099$4,028,408$2,719,816$8,052,390
62$14,843,583$4,170,234$2,755,364$8,685,173
63$16,300,312$4,317,259$2,790,352$9,377,105
64$17,903,822$4,469,683$2,824,707$10,134,063
65$19,669,028$4,627,714$2,858,351$10,962,517
66$21,612,364$4,791,567$2,891,201$11,869,595
67$23,751,939$4,961,467$2,923,170$12,863,145
68$26,107,706$5,137,649$2,954,166$13,951,811
69$28,701,654$5,320,355$2,984,091$15,145,113
70$31,558,009$5,509,839$3,012,845$16,453,537
71$34,703,469$5,706,364$3,040,319$17,888,633
72$38,167,452$5,910,206$3,066,399$19,463,122
73$41,982,375$6,121,648$3,090,966$21,191,018
74$46,183,958$6,340,990$3,113,894$23,087,757
75$50,811,563$6,568,539$3,135,051$25,170,343
76$55,908,564$6,804,620$3,154,296$27,457,509
77$61,522,758$7,049,566$3,171,485$29,969,889
78$67,706,811$7,303,727$3,186,462$32,730,218
79$74,518,764$7,567,467$3,199,067$35,763,541
80$82,022,570$7,841,165$3,209,127$39,097,448
81$90,288,705$8,125,216$3,216,466$42,762,338
82$99,394,831$8,420,029$3,220,896$46,791,702
83$109,426,527$8,726,034$3,222,220$51,222,437
84$120,478,099$9,043,676$3,220,230$56,095,196
85$132,653,469$9,373,419$3,214,711$61,454,769
86$146,067,154$9,715,748$3,205,435$67,350,505
87$160,845,350$10,071,167$3,192,164$73,836,778
88$177,127,122$10,440,200$3,174,648$80,973,497
89$195,065,715$10,823,396$3,152,624$88,826,671
90$214,830,000$11,221,324$3,125,819$97,469,031
91$236,606,071$11,634,580$3,093,945$106,980,717
92$260,598,998$12,063,783$3,056,701$117,450,030
93$287,034,767$12,509,579$3,013,771$128,974,265
94$316,162,405$12,972,641$2,964,825$141,660,631
95$348,256,341$13,453,670$2,909,516$155,627,258
96$383,618,987$13,953,400$2,847,485$171,004,311
97$422,583,599$14,472,591$2,778,351$187,935,219
98$465,517,419$15,012,041$2,701,718$206,578,026
99$512,825,143$15,572,578$2,617,173$227,106,883
100$564,952,740$16,155,067$2,524,281$249,713,686