Can I retire at age 40 with 913,000?

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 $913,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$75,395$74,723$74,068$73,428$72,804$70,814
2 years$37,324$36,629$35,955$35,302$34,669$32,678
3 years$24,636$23,937$23,265$22,618$21,995$20,067
4 years$18,293$17,597$16,931$16,295$15,687$13,836
5 years$14,488$13,796$13,139$12,516$11,925$10,156
6 years$11,952$11,265$10,619$10,009$9,436$7,750
7 years$10,141$9,461$8,824$8,229$7,674$6,071
8 years$8,784$8,110$7,484$6,903$6,366$4,847
9 years$7,729$7,061$6,446$5,880$5,361$3,923
10 years$6,886$6,224$5,619$5,069$4,568$3,209
11 years$6,196$5,541$4,947$4,411$3,929$2,647
12 years$5,621$4,973$4,391$3,869$3,405$2,198
13 years$5,136$4,494$3,923$3,416$2,969$1,835
14 years$4,720$4,085$3,525$3,032$2,602$1,538
15 years$4,360$3,732$3,182$2,704$2,291$1,294
16 years$4,045$3,424$2,885$2,421$2,025$1,092
17 years$3,767$3,153$2,625$2,176$1,796$923
18 years$3,521$2,914$2,397$1,961$1,597$782
19 years$3,301$2,700$2,194$1,772$1,423$664
20 years$3,103$2,509$2,014$1,605$1,271$565
21 years$2,924$2,337$1,852$1,456$1,138$480
22 years$2,762$2,182$1,707$1,324$1,020$409
23 years$2,614$2,041$1,576$1,206$915$349
24 years$2,478$1,912$1,458$1,100$823$298
25 years$2,354$1,794$1,350$1,004$740$254
26 years$2,239$1,686$1,252$918$667$217
27 years$2,133$1,587$1,163$841$601$186
28 years$2,035$1,495$1,081$770$542$159
29 years$1,944$1,411$1,006$706$490$136
30 years$1,858$1,332$937$648$443$116
31 years$1,779$1,259$873$595$400$99
32 years$1,705$1,192$815$547$362$85
33 years$1,635$1,129$761$503$328$73
34 years$1,570$1,070$711$463$297$62
35 years$1,508$1,015$665$426$269$53
36 years$1,450$963$622$392$243$46
37 years$1,395$915$582$362$221$39
38 years$1,344$869$545$333$200$34
39 years$1,295$826$511$307$181$29
40 years$1,248$786$479$283$164$25
41 years$1,204$749$449$262$149$21
42 years$1,162$713$421$241$135$18
43 years$1,123$679$395$223$123$15
44 years$1,085$647$371$206$112$13
45 years$1,049$617$348$190$101$11
46 years$1,014$589$327$175$92$10
47 years$981$562$307$162$83$8
48 years$950$537$289$150$76$7
49 years$920$512$271$138$69$6
50 years$891$489$255$128$63$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $913,000, adding $6,478 every year, while hoping to spend $30,418 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: 59/33/8 Blend
39$913,000$913,000$913,000$913,000
40$1,012,808$964,419$950,268$1,070,401
41$1,083,750$979,311$949,737$1,124,723
42$1,160,908$993,913$948,169$1,179,895
43$1,244,886$1,008,179$945,497$1,239,296
44$1,336,344$1,022,060$941,651$1,303,333
45$1,436,011$1,035,502$936,557$1,372,456
46$1,544,691$1,048,448$930,139$1,447,159
47$1,663,266$1,060,838$922,314$1,527,990
48$1,792,707$1,072,607$913,000$1,615,552
49$1,934,085$1,083,687$902,107$1,710,507
50$2,088,576$1,094,002$889,543$1,813,590
51$2,257,478$1,103,475$875,209$1,925,608
52$2,442,218$1,112,023$859,006$2,047,451
53$2,644,367$1,119,555$840,826$2,180,102
54$2,865,657$1,125,977$820,557$2,324,644
55$3,107,992$1,131,188$798,084$2,482,272
56$3,373,472$1,135,081$773,284$2,654,303
57$3,664,407$1,137,541$746,030$2,842,189
58$3,983,343$1,138,447$716,189$3,047,534
59$4,333,083$1,137,670$683,620$3,272,103
60$4,716,715$1,135,073$648,179$3,517,844
61$5,137,640$1,130,511$609,713$3,786,907
62$5,599,603$1,123,831$568,063$4,081,660
63$6,106,731$1,114,867$523,061$4,404,715
64$6,663,569$1,103,447$474,536$4,758,954
65$7,275,125$1,089,387$422,304$5,147,554
66$7,946,913$1,072,492$366,176$5,574,018
67$8,685,009$1,052,556$305,955$6,042,208
68$9,496,108$1,029,359$241,432$6,556,384
69$10,387,584$1,002,671$172,393$7,121,243
70$11,367,561$972,245$98,611$7,741,963
71$12,444,989$937,822$19,852$8,424,256
72$13,629,730$899,128$0$9,174,417
73$14,932,649$855,871$0$10,004,868
74$16,365,715$807,744$0$10,919,948
75$17,942,116$754,422$0$11,926,424
76$19,676,384$695,561$0$13,033,624
77$21,584,528$630,797$0$14,251,831
78$23,684,190$559,745$0$15,592,382
79$25,994,805$482,001$0$17,067,773
80$28,537,791$397,134$0$18,691,781
81$31,336,743$304,692$0$20,479,590
82$34,417,664$204,194$0$22,447,941
83$37,809,203$95,137$0$24,615,286
84$41,542,928$0$0$27,001,965
85$45,653,624$0$0$29,638,758
86$50,179,621$0$0$32,580,074
87$55,163,154$0$0$35,818,828
88$60,650,761$0$0$39,385,275
89$66,693,724$0$0$43,312,757
90$73,348,552$0$0$47,638,012
91$80,677,513$0$0$52,401,526
92$88,749,221$0$0$57,647,908
93$97,639,286$0$0$63,426,315
94$107,431,022$0$0$69,790,917
95$118,216,240$0$0$76,801,405
96$130,096,110$0$0$84,523,555
97$143,182,113$0$0$93,029,849
98$157,597,098$0$0$102,400,159
99$173,476,440$0$0$112,722,500
100$190,969,315$0$0$124,093,863