Can I retire at age 40 with 1,900,000?

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$156,900$155,503$154,139$152,808$151,509$149,306
2 years$77,673$76,227$74,825$73,465$72,147$69,933
3 years$51,268$49,815$48,417$47,070$45,773$43,616
4 years$38,068$36,619$35,235$33,911$32,646$30,562
5 years$30,150$28,710$27,344$26,047$24,817$22,813
6 years$24,873$23,444$22,098$20,830$19,637$17,715
7 years$21,105$19,688$18,363$17,126$15,970$14,130
8 years$18,280$16,876$15,574$14,366$13,249$11,492
9 years$16,085$14,694$13,414$12,237$11,157$9,482
10 years$14,329$12,952$11,694$10,548$9,506$7,911
11 years$12,894$11,530$10,295$9,180$8,176$6,659
12 years$11,698$10,349$9,137$8,052$7,085$5,645
13 years$10,688$9,353$8,163$7,109$6,178$4,814
14 years$9,822$8,501$7,335$6,310$5,416$4,124
15 years$9,073$7,766$6,622$5,628$4,769$3,547
16 years$8,418$7,125$6,004$5,039$4,214$3,061
17 years$7,840$6,562$5,463$4,528$3,737$2,649
18 years$7,328$6,064$4,987$4,080$3,323$2,298
19 years$6,869$5,620$4,566$3,687$2,962$1,998
20 years$6,457$5,222$4,190$3,339$2,645$1,740
21 years$6,085$4,864$3,854$3,031$2,367$1,517
22 years$5,747$4,540$3,552$2,755$2,122$1,325
23 years$5,439$4,247$3,280$2,509$1,905$1,158
24 years$5,157$3,979$3,033$2,289$1,712$1,013
25 years$4,898$3,734$2,809$2,090$1,541$888
26 years$4,660$3,509$2,606$1,911$1,388$778
27 years$4,439$3,303$2,420$1,749$1,251$682
28 years$4,235$3,112$2,249$1,603$1,129$599
29 years$4,045$2,936$2,093$1,470$1,019$526
30 years$3,868$2,773$1,950$1,349$921$462
31 years$3,702$2,621$1,818$1,239$833$406
32 years$3,548$2,480$1,696$1,139$753$357
33 years$3,403$2,349$1,583$1,047$682$314
34 years$3,266$2,226$1,479$963$617$276
35 years$3,138$2,111$1,383$887$559$243
36 years$3,018$2,004$1,294$817$507$213
37 years$2,904$1,903$1,211$752$459$188
38 years$2,796$1,809$1,134$694$416$165
39 years$2,694$1,720$1,063$640$377$145
40 years$2,598$1,636$996$590$342$128
41 years$2,506$1,558$934$544$311$113
42 years$2,419$1,484$876$502$282$99
43 years$2,336$1,414$822$464$256$87
44 years$2,257$1,347$772$428$232$77
45 years$2,182$1,285$725$395$211$68
46 years$2,111$1,226$681$365$191$60
47 years$2,043$1,170$639$337$174$53
48 years$1,977$1,117$601$312$158$46
49 years$1,915$1,066$565$288$143$41
50 years$1,855$1,019$531$266$130$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,900,000, adding $6,718 every year, while hoping to spend $49,256 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: 63/12/25 Blend
39$1,900,000$1,900,000$1,900,000$1,900,000
40$2,100,730$2,000,030$1,970,580$2,218,821
41$2,262,596$2,045,623$1,984,186$2,345,112
42$2,439,322$2,091,800$1,996,597$2,476,955
43$2,632,371$2,138,536$2,007,722$2,619,872
44$2,843,355$2,185,806$2,017,462$2,774,955
45$3,074,047$2,233,581$2,025,717$2,943,404
46$3,326,401$2,281,827$2,032,380$3,126,545
47$3,602,567$2,330,510$2,037,338$3,325,836
48$3,904,914$2,379,590$2,040,473$3,542,888
49$4,236,049$2,429,024$2,041,663$3,779,473
50$4,598,843$2,478,764$2,040,777$4,037,545
51$4,996,461$2,528,759$2,037,678$4,319,259
52$5,432,384$2,578,952$2,032,225$4,626,990
53$5,910,450$2,629,283$2,024,267$4,963,353
54$6,434,883$2,679,685$2,013,647$5,331,235
55$7,010,338$2,730,087$2,000,201$5,733,815
56$7,641,941$2,780,409$1,983,756$6,174,597
57$8,335,338$2,830,568$1,964,131$6,657,445
58$9,096,750$2,880,474$1,941,137$7,186,617
59$9,933,030$2,930,028$1,914,576$7,766,807
60$10,851,724$2,979,126$1,884,240$8,403,189
61$11,861,150$3,027,653$1,849,912$9,101,465
62$12,970,468$3,075,488$1,811,364$9,867,923
63$14,189,769$3,122,501$1,768,359$10,709,490
64$15,530,174$3,168,551$1,720,647$11,633,805
65$17,003,930$3,213,489$1,667,967$12,649,285
66$18,624,534$3,257,153$1,610,048$13,765,211
67$20,406,856$3,299,373$1,546,603$14,991,809
68$22,367,277$3,339,963$1,477,336$16,340,353
69$24,523,847$3,378,729$1,401,934$17,823,271
70$26,896,453$3,415,460$1,320,073$19,454,258
71$29,507,006$3,449,933$1,231,411$21,248,411
72$32,379,650$3,481,910$1,135,592$23,222,370
73$35,540,987$3,511,135$1,032,247$25,394,475
74$39,020,325$3,537,339$920,985$27,784,941
75$42,849,963$3,560,233$801,402$30,416,051
76$47,065,484$3,579,509$673,074$33,312,361
77$51,706,101$3,594,843$535,560$36,500,939
78$56,815,018$3,605,885$388,396$40,011,619
79$62,439,845$3,612,268$231,102$43,877,282
80$68,633,039$3,613,599$63,174$48,134,169
81$75,452,405$3,609,462$0$52,822,224
82$82,961,639$3,599,414$0$58,016,424
83$91,230,927$3,582,986$0$63,754,333
84$100,337,609$3,559,680$0$70,072,712
85$110,366,909$3,528,968$0$77,030,660
86$121,412,735$3,490,288$0$84,693,304
87$133,578,569$3,443,048$0$93,132,411
88$146,978,444$3,386,618$0$102,427,068
89$161,738,014$3,320,331$0$112,664,428
90$177,995,745$3,243,481$0$123,940,530
91$195,904,218$3,155,319$0$136,361,212
92$215,631,573$3,055,054$0$150,043,104
93$237,363,089$2,941,848$0$165,114,732
94$261,302,939$2,814,812$0$181,717,731
95$287,676,110$2,673,010$0$200,008,183
96$316,730,534$2,515,448$0$220,158,088
97$348,739,420$2,341,076$0$242,356,993
98$384,003,837$2,148,785$0$266,813,775
99$422,855,553$1,937,401$0$293,758,620
100$465,660,170$1,705,684$0$323,445,190