Can I retire at age 40 with 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 $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%15.2%
1 years$75,147$74,478$73,825$73,187$72,565$71,012
2 years$37,201$36,509$35,837$35,186$34,555$32,998
3 years$24,555$23,859$23,189$22,544$21,923$20,411
4 years$18,232$17,539$16,876$16,242$15,636$14,180
5 years$14,440$13,751$13,096$12,475$11,886$10,491
6 years$11,913$11,228$10,584$9,977$9,405$8,071
7 years$10,108$9,430$8,795$8,202$7,649$6,377
8 years$8,755$8,083$7,459$6,881$6,345$5,135
9 years$7,704$7,038$6,424$5,861$5,344$4,195
10 years$6,863$6,203$5,601$5,052$4,553$3,464
11 years$6,175$5,522$4,931$4,397$3,916$2,884
12 years$5,603$4,957$4,376$3,857$3,393$2,419
13 years$5,119$4,479$3,910$3,405$2,959$2,039
14 years$4,704$4,072$3,513$3,022$2,594$1,727
15 years$4,345$3,719$3,172$2,695$2,284$1,468
16 years$4,032$3,413$2,876$2,413$2,019$1,252
17 years$3,755$3,143$2,617$2,168$1,790$1,070
18 years$3,510$2,904$2,389$1,954$1,591$917
19 years$3,290$2,692$2,187$1,766$1,418$787
20 years$3,093$2,501$2,007$1,599$1,267$677
21 years$2,915$2,330$1,846$1,451$1,134$583
22 years$2,753$2,175$1,701$1,320$1,016$502
23 years$2,605$2,034$1,571$1,202$912$433
24 years$2,470$1,906$1,453$1,096$820$374
25 years$2,346$1,788$1,346$1,001$738$323
26 years$2,232$1,681$1,248$915$665$280
27 years$2,126$1,582$1,159$838$599$242
28 years$2,028$1,491$1,077$768$541$209
29 years$1,937$1,406$1,003$704$488$181
30 years$1,852$1,328$934$646$441$157
31 years$1,773$1,255$871$593$399$136
32 years$1,699$1,188$812$545$361$118
33 years$1,630$1,125$758$501$326$102
34 years$1,564$1,066$709$461$296$89
35 years$1,503$1,011$662$425$268$77
36 years$1,445$960$620$391$243$67
37 years$1,391$912$580$360$220$58
38 years$1,339$866$543$332$199$50
39 years$1,290$824$509$306$181$43
40 years$1,244$784$477$283$164$38
41 years$1,200$746$447$261$149$33
42 years$1,159$711$420$241$135$28
43 years$1,119$677$394$222$122$25
44 years$1,081$645$370$205$111$21
45 years$1,045$615$347$189$101$19
46 years$1,011$587$326$175$92$16
47 years$978$560$306$162$83$14
48 years$947$535$288$149$76$12
49 years$917$511$270$138$69$11
50 years$888$488$254$128$62$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $910,000, adding $6,013 every year, while hoping to spend $24,886 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: 56/18/26 Blend
39$910,000$910,000$910,000$910,000
40$1,009,022$960,792$946,687$1,058,026
41$1,085,464$981,393$951,923$1,112,936
42$1,168,869$1,002,168$956,500$1,169,622
43$1,259,921$1,023,102$960,370$1,230,868
44$1,359,372$1,044,173$963,482$1,297,123
45$1,468,052$1,065,362$965,782$1,368,879
46$1,586,874$1,086,645$967,216$1,446,681
47$1,716,841$1,107,996$967,724$1,531,127
48$1,859,060$1,129,390$967,244$1,622,878
49$2,014,749$1,150,795$965,712$1,722,665
50$2,185,250$1,172,180$963,059$1,831,289
51$2,372,038$1,193,510$959,215$1,949,637
52$2,576,742$1,214,748$954,105$2,078,686
53$2,801,153$1,235,854$947,650$2,219,512
54$3,047,244$1,256,783$939,769$2,373,304
55$3,317,187$1,277,490$930,376$2,541,371
56$3,613,377$1,297,924$919,381$2,725,155
57$3,938,450$1,318,031$906,689$2,926,250
58$4,295,311$1,337,753$892,202$3,146,409
59$4,687,158$1,357,029$875,816$3,387,568
60$5,117,517$1,375,792$857,424$3,651,860
61$5,590,268$1,393,970$836,912$3,941,638
62$6,109,689$1,411,488$814,162$4,259,493
63$6,680,491$1,428,265$789,051$4,608,286
64$7,307,864$1,444,213$761,448$4,991,168
65$7,997,528$1,459,241$731,218$5,411,615
66$8,755,782$1,473,250$698,219$5,873,458
67$9,589,566$1,486,134$662,304$6,380,920
68$10,506,529$1,497,781$623,318$6,938,658
69$11,515,094$1,508,072$581,099$7,551,806
70$12,624,546$1,516,879$535,477$8,226,024
71$13,845,111$1,524,068$486,278$8,967,549
72$15,188,059$1,529,494$433,315$9,783,260
73$16,665,806$1,533,005$376,396$10,680,738
74$18,292,034$1,534,437$315,320$11,668,343
75$20,081,815$1,533,619$249,878$12,755,286
76$22,051,760$1,530,366$179,849$13,951,726
77$24,220,170$1,524,484$105,004$15,268,857
78$26,607,210$1,515,767$25,104$16,719,022
79$29,235,101$1,503,995$0$18,315,824
80$32,128,326$1,488,935$0$20,090,950
81$35,313,865$1,470,342$0$22,052,756
82$38,821,444$1,447,954$0$24,212,566
83$42,683,822$1,421,494$0$26,590,543
84$46,937,094$1,390,670$0$29,208,907
85$51,621,034$1,355,169$0$32,092,143
86$56,779,472$1,314,665$0$35,267,236
87$62,460,703$1,268,808$0$38,763,925
88$68,717,946$1,217,231$0$42,614,982
89$75,609,844$1,159,543$0$46,856,522
90$83,201,020$1,095,333$0$51,528,348
91$91,562,684$1,024,164$0$56,674,320
92$100,773,305$945,575$0$62,342,776
93$110,919,353$859,079$0$68,586,985
94$122,096,113$764,160$0$75,465,653
95$134,408,587$660,275$0$83,043,474
96$147,972,482$546,847$0$91,391,744
97$162,915,302$423,269$0$100,589,032
98$179,377,553$288,900$0$110,721,925
99$197,514,067$143,060$0$121,885,845
100$217,495,466$0$0$134,185,949