Can I retire at age 40 with 799,000?

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 $799,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$65,981$65,393$64,820$64,260$63,713$62,427
2 years$32,664$32,055$31,466$30,894$30,340$29,049
3 years$21,559$20,949$20,360$19,794$19,249$17,995
4 years$16,008$15,399$14,817$14,261$13,728$12,520
5 years$12,679$12,073$11,499$10,954$10,436$9,277
6 years$10,460$9,859$9,293$8,760$8,258$7,149
7 years$8,875$8,279$7,722$7,202$6,716$5,658
8 years$7,687$7,097$6,549$6,041$5,571$4,565
9 years$6,764$6,179$5,641$5,146$4,692$3,735
10 years$6,026$5,447$4,918$4,436$3,998$3,090
11 years$5,422$4,849$4,329$3,860$3,438$2,578
12 years$4,919$4,352$3,842$3,386$2,979$2,166
13 years$4,494$3,933$3,433$2,989$2,598$1,830
14 years$4,131$3,575$3,084$2,654$2,278$1,553
15 years$3,815$3,266$2,785$2,367$2,005$1,323
16 years$3,540$2,996$2,525$2,119$1,772$1,130
17 years$3,297$2,759$2,298$1,904$1,571$969
18 years$3,081$2,550$2,097$1,716$1,397$832
19 years$2,889$2,363$1,920$1,550$1,245$716
20 years$2,716$2,196$1,762$1,404$1,112$617
21 years$2,559$2,045$1,621$1,274$995$532
22 years$2,417$1,909$1,494$1,159$892$460
23 years$2,287$1,786$1,379$1,055$801$398
24 years$2,169$1,673$1,276$962$720$344
25 years$2,060$1,570$1,181$879$648$298
26 years$1,960$1,476$1,096$804$584$258
27 years$1,867$1,389$1,017$736$526$224
28 years$1,781$1,309$946$674$475$194
29 years$1,701$1,235$880$618$429$169
30 years$1,626$1,166$820$567$387$146
31 years$1,557$1,102$764$521$350$127
32 years$1,492$1,043$713$479$317$111
33 years$1,431$988$666$440$287$96
34 years$1,374$936$622$405$260$83
35 years$1,320$888$582$373$235$73
36 years$1,269$843$544$343$213$63
37 years$1,221$800$509$316$193$55
38 years$1,176$761$477$292$175$48
39 years$1,133$723$447$269$159$41
40 years$1,092$688$419$248$144$36
41 years$1,054$655$393$229$131$31
42 years$1,017$624$368$211$119$27
43 years$982$594$346$195$108$24
44 years$949$567$324$180$98$21
45 years$918$540$305$166$89$18
46 years$888$515$286$154$80$16
47 years$859$492$269$142$73$14
48 years$831$470$253$131$66$12
49 years$805$448$237$121$60$10
50 years$780$428$223$112$55$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $799,000, adding $6,004 every year, while hoping to spend $25,744 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: 60/22/18 Blend
39$799,000$799,000$799,000$799,000
40$886,691$844,344$831,960$935,424
41$949,742$858,326$832,439$983,049
42$1,018,362$872,129$832,071$1,031,605
43$1,093,090$885,719$830,801$1,083,985
44$1,174,523$899,057$828,571$1,140,563
45$1,263,315$912,102$825,319$1,201,752
46$1,360,187$924,809$820,981$1,268,006
47$1,465,933$937,131$815,490$1,339,825
48$1,581,425$949,017$808,776$1,417,764
49$1,707,626$960,414$800,765$1,502,431
50$1,845,593$971,264$791,380$1,594,499
51$1,996,492$981,504$780,540$1,694,710
52$2,161,606$991,070$768,160$1,803,879
53$2,342,348$999,891$754,152$1,922,911
54$2,540,274$1,007,892$738,423$2,052,797
55$2,757,097$1,014,994$720,875$2,194,636
56$2,994,705$1,021,112$701,408$2,349,636
57$3,255,174$1,026,156$679,914$2,519,131
58$3,540,794$1,030,030$656,283$2,704,592
59$3,854,085$1,032,631$630,399$2,907,639
60$4,197,824$1,033,853$602,140$3,130,062
61$4,575,069$1,033,579$571,379$3,373,832
62$4,989,189$1,031,687$537,982$3,641,124
63$5,443,894$1,028,047$501,813$3,934,335
64$5,943,272$1,022,522$462,724$4,256,110
65$6,491,825$1,014,965$420,565$4,609,364
66$7,094,515$1,005,222$375,177$4,997,312
67$7,756,805$993,128$326,396$5,423,499
68$8,484,717$978,509$274,048$5,891,833
69$9,284,882$961,180$217,952$6,406,623
70$10,164,608$940,945$157,922$6,972,621
71$11,131,945$917,599$93,759$7,595,065
72$12,195,762$890,920$25,259$8,279,732
73$13,365,833$860,678$0$9,032,990
74$14,652,922$826,625$0$9,871,047
75$16,068,894$788,504$0$10,798,230
76$17,626,818$746,037$0$11,818,262
77$19,341,095$698,935$0$12,940,596
78$21,227,594$646,890$0$14,175,653
79$23,303,797$589,576$0$15,534,918
80$25,588,969$526,650$0$17,031,049
81$28,104,337$457,749$0$18,677,996
82$30,873,289$382,488$0$20,491,136
83$33,921,596$300,462$0$22,487,415
84$37,277,657$211,242$0$24,685,509
85$40,972,761$114,377$0$27,106,004
86$45,041,390$9,388$0$29,771,587
87$49,521,534$0$0$32,707,262
88$54,455,060$0$0$35,965,819
89$59,888,099$0$0$39,556,888
90$65,871,484$0$0$43,511,807
91$72,461,231$0$0$47,867,612
92$79,719,064$0$0$52,665,112
93$87,712,999$0$0$57,949,281
94$96,517,988$0$0$63,769,673
95$106,216,621$0$0$70,180,896
96$116,899,909$0$0$77,243,126
97$128,668,142$0$0$85,022,672
98$141,631,835$0$0$93,592,606
99$155,912,770$0$0$103,033,448
100$171,645,146$0$0$113,433,929