Can I retire at age 40 with 1,910,000?

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$157,726$156,321$154,950$153,612$152,306$151,093
2 years$78,082$76,628$75,219$73,852$72,527$71,304
3 years$51,538$50,077$48,671$47,318$46,014$44,819
4 years$38,268$36,812$35,420$34,090$32,818$31,660
5 years$30,308$28,861$27,488$26,184$24,947$23,831
6 years$25,004$23,567$22,214$20,940$19,740$18,666
7 years$21,216$19,792$18,460$17,216$16,054$15,022
8 years$18,377$16,965$15,656$14,442$13,318$12,329
9 years$16,169$14,771$13,484$12,301$11,216$10,269
10 years$14,405$13,020$11,756$10,604$9,557$8,652
11 years$12,962$11,591$10,350$9,228$8,219$7,355
12 years$11,760$10,404$9,185$8,095$7,122$6,299
13 years$10,744$9,402$8,206$7,146$6,211$5,427
14 years$9,874$8,546$7,373$6,344$5,444$4,699
15 years$9,121$7,807$6,657$5,657$4,794$4,086
16 years$8,462$7,163$6,036$5,066$4,237$3,565
17 years$7,882$6,597$5,492$4,551$3,756$3,120
18 years$7,366$6,095$5,014$4,102$3,340$2,738
19 years$6,906$5,649$4,590$3,706$2,977$2,408
20 years$6,491$5,250$4,212$3,357$2,659$2,121
21 years$6,117$4,890$3,874$3,046$2,380$1,872
22 years$5,778$4,564$3,571$2,770$2,133$1,655
23 years$5,468$4,269$3,297$2,523$1,915$1,465
24 years$5,185$4,000$3,049$2,301$1,721$1,298
25 years$4,924$3,754$2,824$2,101$1,549$1,151
26 years$4,684$3,528$2,619$1,921$1,395$1,021
27 years$4,463$3,320$2,432$1,759$1,258$907
28 years$4,257$3,128$2,261$1,611$1,135$807
29 years$4,066$2,951$2,104$1,478$1,025$717
30 years$3,888$2,787$1,960$1,356$926$638
31 years$3,722$2,635$1,827$1,245$837$568
32 years$3,566$2,493$1,705$1,145$757$506
33 years$3,421$2,361$1,592$1,052$685$451
34 years$3,284$2,238$1,487$968$620$402
35 years$3,155$2,122$1,391$891$562$358
36 years$3,034$2,014$1,301$821$509$320
37 years$2,919$1,913$1,218$756$461$285
38 years$2,811$1,818$1,140$697$418$254
39 years$2,708$1,729$1,068$643$379$227
40 years$2,611$1,645$1,001$593$344$203
41 years$2,519$1,566$939$547$312$181
42 years$2,432$1,491$881$505$283$161
43 years$2,349$1,421$826$466$257$144
44 years$2,269$1,354$776$430$233$129
45 years$2,194$1,292$728$397$212$115
46 years$2,122$1,232$684$367$192$103
47 years$2,053$1,176$643$339$175$92
48 years$1,988$1,122$604$313$159$82
49 years$1,925$1,072$568$290$144$73
50 years$1,865$1,024$534$268$131$65

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $1,910,000, adding $5,935 every year, while hoping to spend $38,997 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: 62/20/18 Blend
39$1,910,000$1,910,000$1,910,000$1,910,000
40$2,110,942$2,009,712$1,980,107$2,231,793
41$2,284,766$2,066,695$2,004,948$2,370,897
42$2,475,012$2,125,164$2,029,314$2,517,784
43$2,683,316$2,185,149$2,053,149$2,677,231
44$2,911,475$2,246,683$2,076,391$2,850,462
45$3,161,473$2,309,798$2,098,977$3,038,827
46$3,435,491$2,374,525$2,120,840$3,243,811
47$3,735,932$2,440,898$2,141,910$3,467,050
48$4,065,444$2,508,949$2,162,111$3,710,346
49$4,426,943$2,578,711$2,181,364$3,975,682
50$4,823,639$2,650,216$2,199,588$4,265,245
51$5,259,070$2,723,497$2,216,694$4,581,442
52$5,737,133$2,798,586$2,232,591$4,926,926
53$6,262,120$2,875,516$2,247,183$5,304,618
54$6,838,760$2,954,319$2,260,367$5,717,736
55$7,472,260$3,035,028$2,272,036$6,169,827
56$8,168,360$3,117,674$2,282,078$6,664,798
57$8,933,381$3,202,288$2,290,376$7,206,951
58$9,774,287$3,288,902$2,296,805$7,801,029
59$10,698,752$3,377,545$2,301,235$8,452,256
60$11,715,227$3,468,247$2,303,530$9,166,390
61$12,833,027$3,561,038$2,303,545$9,949,772
62$14,062,412$3,655,945$2,301,130$10,809,392
63$15,414,688$3,752,996$2,296,127$11,752,949
64$16,902,309$3,852,217$2,288,371$12,788,930
65$18,539,001$3,953,632$2,277,688$13,926,684
66$20,339,885$4,057,265$2,263,895$15,176,513
67$22,321,620$4,163,138$2,246,803$16,549,771
68$24,502,565$4,271,271$2,226,210$18,058,967
69$26,902,946$4,381,684$2,201,909$19,717,886
70$29,545,052$4,494,391$2,173,678$21,541,719
71$32,453,440$4,609,409$2,141,289$23,547,205
72$35,655,170$4,726,749$2,104,500$25,752,791
73$39,180,057$4,846,419$2,063,061$28,178,803
74$43,060,957$4,968,428$2,016,708$30,847,642
75$47,334,071$5,092,778$1,965,164$33,783,992
76$52,039,291$5,219,469$1,908,142$37,015,056
77$57,220,574$5,348,498$1,845,340$40,570,809
78$62,926,356$5,479,857$1,776,442$44,484,285
79$69,210,010$5,613,536$1,701,118$48,791,887
80$76,130,349$5,749,518$1,619,024$53,533,733
81$83,752,182$5,887,781$1,529,799$58,754,030
82$92,146,923$6,028,301$1,433,065$64,501,495
83$101,393,266$6,171,044$1,328,430$70,829,817
84$111,577,928$6,315,974$1,215,481$77,798,160
85$122,796,465$6,463,046$1,093,788$85,471,723
86$135,154,177$6,612,208$962,903$93,922,357
87$148,767,099$6,763,402$822,356$103,229,241
88$163,763,096$6,916,561$671,658$113,479,635
89$180,283,069$7,071,610$510,296$124,769,696
90$198,482,288$7,228,465$337,737$137,205,396
91$218,531,854$7,387,032$153,423$150,903,512
92$240,620,312$7,547,206$0$165,992,740
93$264,955,437$7,708,872$0$182,623,211
94$291,766,188$7,871,903$0$200,974,891
95$321,304,873$8,036,160$0$221,190,640
96$353,849,527$8,201,489$0$243,460,389
97$389,706,540$8,367,723$0$267,993,441
98$429,213,546$8,534,680$0$295,020,441
99$472,742,610$8,702,162$0$324,795,558
100$520,703,741$8,869,952$0$357,598,879