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%15.6%
1 years$65,981$65,393$64,820$64,260$63,713$62,249
2 years$32,664$32,055$31,466$30,894$30,340$28,872
3 years$21,559$20,949$20,360$19,794$19,249$17,824
4 years$16,008$15,399$14,817$14,261$13,728$12,358
5 years$12,679$12,073$11,499$10,954$10,436$9,123
6 years$10,460$9,859$9,293$8,760$8,258$7,004
7 years$8,875$8,279$7,722$7,202$6,716$5,522
8 years$7,687$7,097$6,549$6,041$5,571$4,436
9 years$6,764$6,179$5,641$5,146$4,692$3,615
10 years$6,026$5,447$4,918$4,436$3,998$2,977
11 years$5,422$4,849$4,329$3,860$3,438$2,473
12 years$4,919$4,352$3,842$3,386$2,979$2,068
13 years$4,494$3,933$3,433$2,989$2,598$1,739
14 years$4,131$3,575$3,084$2,654$2,278$1,469
15 years$3,815$3,266$2,785$2,367$2,005$1,245
16 years$3,540$2,996$2,525$2,119$1,772$1,059
17 years$3,297$2,759$2,298$1,904$1,571$903
18 years$3,081$2,550$2,097$1,716$1,397$771
19 years$2,889$2,363$1,920$1,550$1,245$660
20 years$2,716$2,196$1,762$1,404$1,112$566
21 years$2,559$2,045$1,621$1,274$995$486
22 years$2,417$1,909$1,494$1,159$892$417
23 years$2,287$1,786$1,379$1,055$801$359
24 years$2,169$1,673$1,276$962$720$309
25 years$2,060$1,570$1,181$879$648$266
26 years$1,960$1,476$1,096$804$584$229
27 years$1,867$1,389$1,017$736$526$198
28 years$1,781$1,309$946$674$475$171
29 years$1,701$1,235$880$618$429$147
30 years$1,626$1,166$820$567$387$127
31 years$1,557$1,102$764$521$350$110
32 years$1,492$1,043$713$479$317$95
33 years$1,431$988$666$440$287$82
34 years$1,374$936$622$405$260$71
35 years$1,320$888$582$373$235$61
36 years$1,269$843$544$343$213$53
37 years$1,221$800$509$316$193$46
38 years$1,176$761$477$292$175$40
39 years$1,133$723$447$269$159$34
40 years$1,092$688$419$248$144$30
41 years$1,054$655$393$229$131$26
42 years$1,017$624$368$211$119$22
43 years$982$594$346$195$108$19
44 years$949$567$324$180$98$17
45 years$918$540$305$166$89$14
46 years$888$515$286$154$80$12
47 years$859$492$269$142$73$11
48 years$831$470$253$131$66$9
49 years$805$448$237$121$60$8
50 years$780$428$223$112$55$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $799,000, adding $4,378 every year, while hoping to spend $32,104 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: 33/40/27 Blend
39$799,000$799,000$799,000$799,000
40$885,014$842,667$830,282$906,832
41$941,127$849,799$823,938$930,870
42$1,001,887$856,205$816,306$953,591
43$1,067,736$861,815$807,308$977,450
44$1,139,156$866,554$796,864$1,002,568
45$1,216,679$870,346$784,889$1,029,083
46$1,300,893$873,104$771,294$1,057,148
47$1,392,439$874,742$755,988$1,086,934
48$1,492,027$875,164$738,873$1,118,632
49$1,600,436$874,269$719,848$1,152,455
50$1,718,524$871,952$698,806$1,188,641
51$1,847,235$868,098$675,637$1,227,455
52$1,987,607$862,589$650,225$1,269,191
53$2,140,783$855,296$622,447$1,314,178
54$2,308,022$846,085$592,179$1,362,782
55$2,490,709$834,812$559,285$1,415,410
56$2,690,369$821,326$523,629$1,472,513
57$2,908,681$805,465$485,065$1,534,595
58$3,147,494$787,060$443,442$1,602,214
59$3,408,843$765,930$398,602$1,675,991
60$3,694,968$741,885$350,379$1,756,615
61$4,008,339$714,721$298,601$1,844,850
62$4,351,673$684,226$243,087$1,941,545
63$4,727,964$650,172$183,650$2,047,641
64$5,140,507$612,322$120,093$2,164,181
65$5,592,933$570,420$52,211$2,292,324
66$6,089,242$524,201$0$2,433,350
67$6,633,839$473,380$0$2,594,510
68$7,231,574$417,660$0$2,787,980
69$7,887,792$356,723$0$3,000,512
70$8,608,381$290,236$0$3,234,108
71$9,399,824$217,846$0$3,490,976
72$10,269,267$139,181$0$3,773,559
73$11,224,578$53,847$0$4,084,551
74$12,274,429$0$0$4,426,932
75$13,428,370$0$0$4,820,967
76$14,696,924$0$0$5,280,324
77$16,091,685$0$0$5,785,516
78$17,625,425$0$0$6,341,184
79$19,312,217$0$0$6,952,446
80$21,167,565$0$0$7,624,937
81$23,208,552$0$0$8,364,867
82$25,454,000$0$0$9,179,079
83$27,924,645$0$0$10,075,112
84$30,643,338$0$0$11,061,273
85$33,635,255$0$0$12,146,716
86$36,928,135$0$0$13,341,525
87$40,552,545$0$0$14,656,813
88$44,542,164$0$0$16,104,826
89$48,934,101$0$0$17,699,057
90$53,769,248$0$0$19,454,372
91$59,092,662$0$0$21,387,155
92$64,953,991$0$0$23,515,458
93$71,407,943$0$0$25,859,172
94$78,514,800$0$0$28,440,217
95$86,340,989$0$0$31,282,746
96$94,959,706$0$0$34,413,374
97$104,451,608$0$0$37,861,429
98$114,905,573$0$0$41,659,230
99$126,419,540$0$0$45,842,388
100$139,101,430$0$0$50,450,147