Can I retire at age 40 with 800,000?

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 $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%16.6%
1 years$66,063$65,475$64,901$64,340$63,793$62,075
2 years$32,705$32,095$31,505$30,933$30,378$28,659
3 years$21,586$20,975$20,386$19,819$19,273$17,607
4 years$16,029$15,419$14,836$14,278$13,746$12,146
5 years$12,695$12,088$11,513$10,967$10,449$8,920
6 years$10,473$9,871$9,304$8,771$8,268$6,811
7 years$8,886$8,290$7,732$7,211$6,724$5,339
8 years$7,697$7,106$6,557$6,049$5,578$4,264
9 years$6,773$6,187$5,648$5,152$4,698$3,454
10 years$6,033$5,453$4,924$4,441$4,003$2,827
11 years$5,429$4,855$4,335$3,865$3,442$2,333
12 years$4,926$4,357$3,847$3,390$2,983$1,939
13 years$4,500$3,938$3,437$2,993$2,601$1,619
14 years$4,136$3,579$3,088$2,657$2,280$1,358
15 years$3,820$3,270$2,788$2,370$2,008$1,144
16 years$3,544$3,000$2,528$2,122$1,775$965
17 years$3,301$2,763$2,300$1,906$1,573$817
18 years$3,085$2,553$2,100$1,718$1,399$693
19 years$2,892$2,366$1,922$1,552$1,247$589
20 years$2,719$2,199$1,764$1,406$1,114$501
21 years$2,562$2,048$1,623$1,276$997$427
22 years$2,420$1,912$1,496$1,160$893$364
23 years$2,290$1,788$1,381$1,057$802$310
24 years$2,172$1,675$1,277$964$721$265
25 years$2,063$1,572$1,183$880$649$226
26 years$1,962$1,478$1,097$805$584$194
27 years$1,869$1,391$1,019$737$527$166
28 years$1,783$1,310$947$675$475$142
29 years$1,703$1,236$881$619$429$121
30 years$1,628$1,167$821$568$388$104
31 years$1,559$1,104$765$522$351$89
32 years$1,494$1,044$714$479$317$76
33 years$1,433$989$667$441$287$65
34 years$1,375$937$623$406$260$56
35 years$1,321$889$582$373$235$48
36 years$1,271$844$545$344$213$41
37 years$1,223$801$510$317$193$35
38 years$1,177$762$478$292$175$30
39 years$1,134$724$447$269$159$26
40 years$1,094$689$419$248$144$22
41 years$1,055$656$393$229$131$19
42 years$1,019$625$369$211$119$16
43 years$984$595$346$195$108$14
44 years$951$567$325$180$98$12
45 years$919$541$305$166$89$10
46 years$889$516$287$154$81$9
47 years$860$492$269$142$73$8
48 years$833$470$253$131$66$6
49 years$806$449$238$121$60$6
50 years$781$429$224$112$55$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $800,000, adding $5,908 every year, while hoping to spend $39,101 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: 44/41/15 Blend
39$800,000$800,000$800,000$800,000
40$887,694$845,294$832,894$922,671
41$936,636$845,110$819,193$947,537
42$989,259$843,607$803,722$970,100
43$1,045,898$840,678$786,381$993,709
44$1,106,920$836,212$767,065$1,018,480
45$1,172,727$830,088$745,664$1,044,538
46$1,243,764$822,181$722,062$1,072,026
47$1,320,516$812,356$696,139$1,101,104
48$1,403,518$800,471$667,769$1,131,951
49$1,493,358$786,375$636,821$1,164,767
50$1,590,682$769,909$603,156$1,199,774
51$1,696,201$750,904$566,631$1,237,223
52$1,810,696$729,180$527,095$1,277,392
53$1,935,026$704,549$484,392$1,320,592
54$2,070,136$676,809$438,357$1,367,171
55$2,217,066$645,749$388,818$1,417,513
56$2,376,960$611,144$335,596$1,472,050
57$2,551,076$572,757$278,505$1,531,261
58$2,740,800$530,336$217,349$1,595,679
59$2,947,655$483,616$151,924$1,665,898
60$3,173,319$432,316$82,017$1,742,578
61$3,419,639$376,141$7,405$1,826,452
62$3,688,646$314,776$0$1,918,334
63$3,982,578$247,890$0$2,030,689
64$4,303,899$175,135$0$2,154,979
65$4,655,320$96,140$0$2,291,174
66$5,039,828$10,516$0$2,440,553
67$5,460,710$0$0$2,604,534
68$5,921,586$0$0$2,821,747
69$6,426,444$0$0$3,064,983
70$6,979,675$0$0$3,331,625
71$7,586,114$0$0$3,624,016
72$8,251,086$0$0$3,944,736
73$8,980,459$0$0$4,296,628
74$9,780,691$0$0$4,682,824
75$10,658,901$0$0$5,106,772
76$11,622,926$0$0$5,572,271
77$12,681,402$0$0$6,083,505
78$13,843,839$0$0$6,645,086
79$15,120,717$0$0$7,262,092
80$16,523,578$0$0$7,940,118
81$18,065,137$0$0$8,685,326
82$19,759,405$0$0$9,504,509
83$21,621,814$0$0$10,405,146
84$23,669,368$0$0$11,395,480
85$25,920,799$0$0$12,484,593
86$28,396,747$0$0$13,682,488
87$31,119,950$0$0$15,000,189
88$34,115,462$0$0$16,449,841
89$37,410,886$0$0$18,044,827
90$41,036,637$0$0$19,799,889
91$45,026,224$0$0$21,731,275
92$49,416,570$0$0$23,856,883
93$54,248,358$0$0$26,196,437
94$59,566,415$0$0$28,771,670
95$65,420,132$0$0$31,606,527
96$71,863,933$0$0$34,727,395
97$78,957,787$0$0$38,163,346
98$86,767,772$0$0$41,946,418
99$95,366,698$0$0$46,111,911
100$104,834,797$0$0$50,698,723