Can I retire at age 40 with 1,890,000?

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 $1,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$156,074$154,684$153,328$152,004$150,711$149,137
2 years$77,265$75,826$74,431$73,079$71,767$70,182
3 years$50,998$49,553$48,162$46,822$45,532$43,985
4 years$37,867$36,427$35,049$33,733$32,474$30,977
5 years$29,991$28,559$27,200$25,910$24,686$23,244
6 years$24,742$23,320$21,981$20,720$19,533$18,147
7 years$20,994$19,585$18,267$17,035$15,886$14,556
8 years$18,184$16,788$15,492$14,291$13,179$11,906
9 years$16,000$14,617$13,343$12,172$11,098$9,882
10 years$14,254$12,884$11,633$10,493$9,456$8,295
11 years$12,826$11,470$10,241$9,132$8,133$7,026
12 years$11,637$10,295$9,089$8,010$7,048$5,994
13 years$10,632$9,303$8,120$7,071$6,146$5,145
14 years$9,771$8,456$7,296$6,277$5,387$4,437
15 years$9,025$7,725$6,587$5,598$4,743$3,842
16 years$8,373$7,088$5,972$5,013$4,192$3,339
17 years$7,799$6,527$5,435$4,504$3,717$2,910
18 years$7,289$6,032$4,961$4,059$3,305$2,543
19 years$6,833$5,590$4,542$3,667$2,946$2,226
20 years$6,424$5,195$4,168$3,322$2,631$1,953
21 years$6,053$4,839$3,834$3,015$2,355$1,716
22 years$5,717$4,517$3,534$2,741$2,111$1,510
23 years$5,411$4,224$3,263$2,496$1,895$1,330
24 years$5,130$3,958$3,017$2,277$1,703$1,173
25 years$4,873$3,714$2,795$2,079$1,532$1,036
26 years$4,635$3,491$2,592$1,901$1,380$915
27 years$4,416$3,285$2,407$1,740$1,245$809
28 years$4,212$3,096$2,237$1,594$1,123$715
29 years$4,023$2,920$2,082$1,462$1,014$633
30 years$3,847$2,758$1,939$1,342$916$561
31 years$3,683$2,607$1,808$1,232$828$497
32 years$3,529$2,467$1,687$1,133$749$440
33 years$3,385$2,336$1,575$1,041$678$390
34 years$3,249$2,214$1,472$958$614$346
35 years$3,122$2,100$1,376$882$556$307
36 years$3,002$1,993$1,287$812$504$272
37 years$2,888$1,893$1,205$749$457$242
38 years$2,781$1,799$1,128$690$414$215
39 years$2,680$1,711$1,057$636$375$191
40 years$2,584$1,628$991$587$341$169
41 years$2,493$1,550$929$541$309$150
42 years$2,406$1,476$871$500$280$133
43 years$2,324$1,406$818$461$254$118
44 years$2,246$1,340$768$426$231$105
45 years$2,171$1,278$721$393$210$93
46 years$2,100$1,219$677$363$190$83
47 years$2,032$1,164$636$336$173$74
48 years$1,967$1,111$598$310$157$66
49 years$1,905$1,061$562$287$143$58
50 years$1,845$1,013$528$265$129$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,890,000, adding $5,370 every year, while hoping to spend $55,034 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: 83/9/8 Blend
39$1,890,000$1,890,000$1,890,000$1,890,000
40$2,088,319$1,988,149$1,958,854$2,259,253
41$2,242,772$2,027,013$1,965,920$2,410,659
42$2,411,134$2,065,936$1,971,378$2,568,949
43$2,594,767$2,104,864$1,975,116$2,741,069
44$2,795,168$2,143,737$1,977,017$2,928,375
45$3,013,986$2,182,490$1,976,958$3,132,358
46$3,253,034$2,221,055$1,974,808$3,354,661
47$3,514,312$2,259,354$1,970,432$3,597,093
48$3,800,018$2,297,309$1,963,688$3,861,646
49$4,112,575$2,334,832$1,954,426$4,150,516
50$4,454,648$2,371,830$1,942,490$4,466,120
51$4,829,175$2,408,202$1,927,716$4,811,121
52$5,239,388$2,443,841$1,909,932$5,188,451
53$5,688,848$2,478,632$1,888,957$5,601,343
54$6,181,477$2,512,451$1,864,604$6,053,356
55$6,721,594$2,545,168$1,836,675$6,548,412
56$7,313,955$2,576,640$1,804,962$7,090,832
57$7,963,800$2,606,717$1,769,250$7,685,376
58$8,676,900$2,635,238$1,729,312$8,337,288
59$9,459,611$2,662,031$1,684,911$9,052,347
60$10,318,935$2,686,914$1,635,799$9,836,921
61$11,262,584$2,709,692$1,581,716$10,698,024
62$12,299,057$2,730,155$1,522,393$11,643,385
63$13,437,711$2,748,084$1,457,544$12,681,523
64$14,688,860$2,763,242$1,386,873$13,821,821
65$16,063,861$2,775,378$1,310,071$15,074,620
66$17,575,229$2,784,226$1,226,813$16,451,316
67$19,236,752$2,789,503$1,136,761$17,964,465
68$21,063,619$2,790,907$1,039,560$19,627,902
69$23,072,565$2,788,118$934,843$21,456,875
70$25,282,029$2,780,797$822,221$23,468,183
71$27,712,323$2,768,584$701,293$25,680,340
72$30,385,830$2,751,095$571,637$28,113,749
73$33,327,211$2,727,925$432,813$30,790,889
74$36,563,637$2,698,643$284,362$33,736,536
75$40,125,045$2,662,794$125,806$36,977,991
76$44,044,422$2,619,893$0$40,545,338
77$48,358,114$2,569,429$0$44,475,434
78$53,106,169$2,510,859$0$48,812,812
79$58,332,715$2,443,608$0$53,587,028
80$64,086,375$2,367,067$0$58,842,499
81$70,420,726$2,280,594$0$64,628,168
82$77,394,802$2,183,506$0$70,997,969
83$85,073,657$2,075,082$0$78,011,333
84$93,528,968$1,954,560$0$85,733,751
85$102,839,722$1,821,132$0$94,237,392
86$113,092,954$1,673,947$0$103,601,783
87$124,384,567$1,512,103$0$113,914,558
88$136,820,244$1,334,647$0$125,272,290
89$150,516,435$1,140,571$0$137,781,397
90$165,601,465$928,812$0$151,559,153
91$182,216,737$698,247$0$166,734,786
92$200,518,070$447,687$0$183,450,707
93$220,677,169$175,879$0$201,863,848
94$242,883,242$0$0$222,147,147
95$267,344,791$0$0$244,502,915
96$294,291,573$0$0$269,149,218
97$323,976,772$0$0$296,300,215
98$356,679,385$0$0$326,211,093
99$392,706,860$0$0$359,163,062
100$432,397,993$0$0$395,466,002