Can I retire at age 40 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$66,063$65,475$64,901$64,340$63,793$61,530
2 years$32,705$32,095$31,505$30,933$30,378$28,121
3 years$21,586$20,975$20,386$19,819$19,273$17,095
4 years$16,029$15,419$14,836$14,278$13,746$11,662
5 years$12,695$12,088$11,513$10,967$10,449$8,466
6 years$10,473$9,871$9,304$8,771$8,268$6,387
7 years$8,886$8,290$7,732$7,211$6,724$4,944
8 years$7,697$7,106$6,557$6,049$5,578$3,898
9 years$6,773$6,187$5,648$5,152$4,698$3,115
10 years$6,033$5,453$4,924$4,441$4,003$2,515
11 years$5,429$4,855$4,335$3,865$3,442$2,046
12 years$4,926$4,357$3,847$3,390$2,983$1,676
13 years$4,500$3,938$3,437$2,993$2,601$1,379
14 years$4,136$3,579$3,088$2,657$2,280$1,139
15 years$3,820$3,270$2,788$2,370$2,008$944
16 years$3,544$3,000$2,528$2,122$1,775$785
17 years$3,301$2,763$2,300$1,906$1,573$653
18 years$3,085$2,553$2,100$1,718$1,399$545
19 years$2,892$2,366$1,922$1,552$1,247$456
20 years$2,719$2,199$1,764$1,406$1,114$381
21 years$2,562$2,048$1,623$1,276$997$319
22 years$2,420$1,912$1,496$1,160$893$267
23 years$2,290$1,788$1,381$1,057$802$224
24 years$2,172$1,675$1,277$964$721$188
25 years$2,063$1,572$1,183$880$649$158
26 years$1,962$1,478$1,097$805$584$133
27 years$1,869$1,391$1,019$737$527$112
28 years$1,783$1,310$947$675$475$94
29 years$1,703$1,236$881$619$429$79
30 years$1,628$1,167$821$568$388$66
31 years$1,559$1,104$765$522$351$56
32 years$1,494$1,044$714$479$317$47
33 years$1,433$989$667$441$287$39
34 years$1,375$937$623$406$260$33
35 years$1,321$889$582$373$235$28
36 years$1,271$844$545$344$213$23
37 years$1,223$801$510$317$193$20
38 years$1,177$762$478$292$175$17
39 years$1,134$724$447$269$159$14
40 years$1,094$689$419$248$144$12
41 years$1,055$656$393$229$131$10
42 years$1,019$625$369$211$119$8
43 years$984$595$346$195$108$7
44 years$951$567$325$180$98$6
45 years$919$541$305$166$89$5
46 years$889$516$287$154$81$4
47 years$860$492$269$142$73$4
48 years$833$470$253$131$66$3
49 years$806$449$238$121$60$2
50 years$781$429$224$112$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $800,000, adding $4,065 every year, while hoping to spend $27,887 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: 30/40/30 Blend
39$800,000$800,000$800,000$800,000
40$885,793$843,393$830,993$904,128
41$946,472$855,048$829,160$930,551
42$1,012,406$866,339$826,330$956,265
43$1,084,102$877,219$822,442$983,385
44$1,162,115$887,638$817,429$1,012,054
45$1,247,060$897,542$811,223$1,042,430
46$1,339,612$906,873$803,750$1,074,690
47$1,440,512$915,569$794,935$1,109,029
48$1,550,578$923,566$784,700$1,145,667
49$1,670,710$930,794$772,960$1,184,845
50$1,801,898$937,178$759,629$1,226,834
51$1,945,231$942,639$744,616$1,271,931
52$2,101,909$947,093$727,826$1,320,468
53$2,273,254$950,451$709,158$1,372,815
54$2,460,720$952,617$688,509$1,429,380
55$2,665,909$953,491$665,769$1,490,616
56$2,890,584$952,964$640,825$1,557,025
57$3,136,688$950,924$613,557$1,629,166
58$3,406,359$947,248$583,840$1,707,656
59$3,701,953$941,809$551,544$1,793,179
60$4,026,064$934,469$516,533$1,886,494
61$4,381,550$925,086$478,664$1,988,440
62$4,771,557$913,504$437,789$2,099,948
63$5,199,553$899,562$393,751$2,222,048
64$5,669,355$883,088$346,389$2,355,879
65$6,185,169$863,900$295,533$2,502,703
66$6,751,629$841,803$241,006$2,663,915
67$7,373,838$816,595$182,623$2,841,060
68$8,057,419$788,058$120,191$3,035,847
69$8,808,566$755,963$53,507$3,250,164
70$9,634,103$720,068$0$3,486,101
71$10,541,547$680,117$0$3,751,619
72$11,539,180$635,838$0$4,062,265
73$12,636,127$586,945$0$4,403,790
74$13,842,442$533,135$0$4,779,389
75$15,169,199$474,087$0$5,192,588
76$16,628,603$409,463$0$5,647,281
77$18,234,099$338,905$0$6,147,760
78$20,000,501$262,035$0$6,698,765
79$21,944,131$178,454$0$7,305,523
80$24,082,974$87,740$0$7,973,802
81$26,436,847$0$0$8,709,967
82$29,027,582$0$0$9,525,681
83$31,879,240$0$0$10,466,208
84$35,018,327$0$0$11,501,688
85$38,474,056$0$0$12,641,778
86$42,278,610$0$0$13,897,114
87$46,467,454$0$0$15,279,420
88$51,079,669$0$0$16,801,613
89$56,158,314$0$0$18,477,925
90$61,750,839$0$0$20,324,042
91$67,909,530$0$0$22,357,245
92$74,692,000$0$0$24,596,580
93$82,161,737$0$0$27,063,032
94$90,388,699$0$0$29,779,727
95$99,449,974$0$0$32,772,147
96$109,430,510$0$0$36,068,373
97$120,423,916$0$0$39,699,348
98$132,533,340$0$0$43,699,171
99$145,872,451$0$0$48,105,416
100$160,566,504$0$0$52,959,489