Can I retire at age 40 with 799,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%14.4%
1 years$65,981$65,393$64,820$64,260$63,713$62,555
2 years$32,664$32,055$31,466$30,894$30,340$29,177
3 years$21,559$20,949$20,360$19,794$19,249$18,118
4 years$16,008$15,399$14,817$14,261$13,728$12,638
5 years$12,679$12,073$11,499$10,954$10,436$9,389
6 years$10,460$9,859$9,293$8,760$8,258$7,255
7 years$8,875$8,279$7,722$7,202$6,716$5,758
8 years$7,687$7,097$6,549$6,041$5,571$4,659
9 years$6,764$6,179$5,641$5,146$4,692$3,823
10 years$6,026$5,447$4,918$4,436$3,998$3,173
11 years$5,422$4,849$4,329$3,860$3,438$2,655
12 years$4,919$4,352$3,842$3,386$2,979$2,238
13 years$4,494$3,933$3,433$2,989$2,598$1,897
14 years$4,131$3,575$3,084$2,654$2,278$1,615
15 years$3,815$3,266$2,785$2,367$2,005$1,381
16 years$3,540$2,996$2,525$2,119$1,772$1,184
17 years$3,297$2,759$2,298$1,904$1,571$1,018
18 years$3,081$2,550$2,097$1,716$1,397$878
19 years$2,889$2,363$1,920$1,550$1,245$758
20 years$2,716$2,196$1,762$1,404$1,112$656
21 years$2,559$2,045$1,621$1,274$995$568
22 years$2,417$1,909$1,494$1,159$892$492
23 years$2,287$1,786$1,379$1,055$801$428
24 years$2,169$1,673$1,276$962$720$371
25 years$2,060$1,570$1,181$879$648$323
26 years$1,960$1,476$1,096$804$584$281
27 years$1,867$1,389$1,017$736$526$245
28 years$1,781$1,309$946$674$475$213
29 years$1,701$1,235$880$618$429$186
30 years$1,626$1,166$820$567$387$162
31 years$1,557$1,102$764$521$350$141
32 years$1,492$1,043$713$479$317$123
33 years$1,431$988$666$440$287$108
34 years$1,374$936$622$405$260$94
35 years$1,320$888$582$373$235$82
36 years$1,269$843$544$343$213$72
37 years$1,221$800$509$316$193$62
38 years$1,176$761$477$292$175$55
39 years$1,133$723$447$269$159$48
40 years$1,092$688$419$248$144$42
41 years$1,054$655$393$229$131$36
42 years$1,017$624$368$211$119$32
43 years$982$594$346$195$108$28
44 years$949$567$324$180$98$24
45 years$918$540$305$166$89$21
46 years$888$515$286$154$80$19
47 years$859$492$269$142$73$16
48 years$831$470$253$131$66$14
49 years$805$448$237$121$60$12
50 years$780$428$223$112$55$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $799,000, adding $6,480 every year, while hoping to spend $39,386 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: 45/30/25 Blend
39$799,000$799,000$799,000$799,000
40$887,182$844,835$832,451$920,447
41$935,768$844,326$818,431$944,109
42$987,990$842,471$802,622$965,429
43$1,044,177$839,164$784,922$987,772
44$1,104,691$834,291$765,224$1,011,254
45$1,169,928$827,729$743,418$1,036,006
46$1,240,324$819,352$719,387$1,062,174
47$1,316,360$809,023$693,009$1,089,921
48$1,398,562$796,598$664,157$1,119,429
49$1,487,508$781,924$632,699$1,150,905
50$1,583,834$764,839$598,496$1,184,576
51$1,688,241$745,172$561,401$1,220,698
52$1,801,497$722,741$521,263$1,259,556
53$1,924,449$697,355$477,925$1,301,469
54$2,058,027$668,809$431,219$1,346,792
55$2,203,253$636,888$380,973$1,395,918
56$2,361,256$601,366$327,006$1,449,289
57$2,533,272$562,002$269,129$1,507,395
58$2,720,666$518,540$207,145$1,570,781
59$2,924,938$470,712$140,848$1,640,053
60$3,147,738$418,234$70,023$1,715,884
61$3,390,884$360,804$0$1,799,024
62$3,656,377$298,106$0$1,891,788
63$3,946,418$229,804$0$2,013,645
64$4,263,432$155,543$0$2,146,988
65$4,610,087$74,950$0$2,293,021
66$4,989,322$0$0$2,453,078
67$5,404,373$0$0$2,632,714
68$5,858,803$0$0$2,856,575
69$6,356,535$0$0$3,101,863
70$6,901,889$0$0$3,370,718
71$7,499,625$0$0$3,665,500
72$8,154,982$0$0$3,988,804
73$8,873,734$0$0$4,343,493
74$9,662,237$0$0$4,732,716
75$10,527,494$0$0$5,159,945
76$11,477,218$0$0$5,629,003
77$12,519,905$0$0$6,144,102
78$13,664,915$0$0$6,709,880
79$14,922,557$0$0$7,331,448
80$16,304,188$0$0$8,014,437
81$17,822,322$0$0$8,765,049
82$19,490,741$0$0$9,590,117
83$21,324,631$0$0$10,497,169
84$23,340,721$0$0$11,494,501
85$25,557,443$0$0$12,591,248
86$27,995,104$0$0$13,797,479
87$30,676,077$0$0$15,124,287
88$33,625,011$0$0$16,583,892
89$36,869,066$0$0$18,189,760
90$40,438,165$0$0$19,956,728
91$44,365,278$0$0$21,901,142
92$48,686,733$0$0$24,041,014
93$53,442,557$0$0$26,396,190
94$58,676,852$0$0$28,988,540
95$64,438,216$0$0$31,842,156
96$70,780,192$0$0$34,983,591
97$77,761,783$0$0$38,442,098
98$85,447,998$0$0$42,249,913
99$93,910,476$0$0$46,442,557
100$103,228,149$0$0$51,059,171