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%11.1%
1 years$66,063$65,475$64,901$64,340$63,793$63,498
2 years$32,705$32,095$31,505$30,933$30,378$30,079
3 years$21,586$20,975$20,386$19,819$19,273$18,981
4 years$16,029$15,419$14,836$14,278$13,746$13,462
5 years$12,695$12,088$11,513$10,967$10,449$10,176
6 years$10,473$9,871$9,304$8,771$8,268$8,004
7 years$8,886$8,290$7,732$7,211$6,724$6,470
8 years$7,697$7,106$6,557$6,049$5,578$5,335
9 years$6,773$6,187$5,648$5,152$4,698$4,464
10 years$6,033$5,453$4,924$4,441$4,003$3,779
11 years$5,429$4,855$4,335$3,865$3,442$3,228
12 years$4,926$4,357$3,847$3,390$2,983$2,779
13 years$4,500$3,938$3,437$2,993$2,601$2,406
14 years$4,136$3,579$3,088$2,657$2,280$2,094
15 years$3,820$3,270$2,788$2,370$2,008$1,831
16 years$3,544$3,000$2,528$2,122$1,775$1,606
17 years$3,301$2,763$2,300$1,906$1,573$1,414
18 years$3,085$2,553$2,100$1,718$1,399$1,247
19 years$2,892$2,366$1,922$1,552$1,247$1,103
20 years$2,719$2,199$1,764$1,406$1,114$978
21 years$2,562$2,048$1,623$1,276$997$868
22 years$2,420$1,912$1,496$1,160$893$772
23 years$2,290$1,788$1,381$1,057$802$687
24 years$2,172$1,675$1,277$964$721$613
25 years$2,063$1,572$1,183$880$649$547
26 years$1,962$1,478$1,097$805$584$488
27 years$1,869$1,391$1,019$737$527$436
28 years$1,783$1,310$947$675$475$390
29 years$1,703$1,236$881$619$429$349
30 years$1,628$1,167$821$568$388$313
31 years$1,559$1,104$765$522$351$280
32 years$1,494$1,044$714$479$317$251
33 years$1,433$989$667$441$287$226
34 years$1,375$937$623$406$260$202
35 years$1,321$889$582$373$235$182
36 years$1,271$844$545$344$213$163
37 years$1,223$801$510$317$193$146
38 years$1,177$762$478$292$175$132
39 years$1,134$724$447$269$159$118
40 years$1,094$689$419$248$144$106
41 years$1,055$656$393$229$131$95
42 years$1,019$625$369$211$119$86
43 years$984$595$346$195$108$77
44 years$951$567$325$180$98$69
45 years$919$541$305$166$89$62
46 years$889$516$287$154$81$56
47 years$860$492$269$142$73$50
48 years$833$470$253$131$66$45
49 years$806$449$238$121$60$41
50 years$781$429$224$112$55$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $800,000, adding $5,567 every year, while hoping to spend $24,036 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: 29/48/23 Blend
39$800,000$800,000$800,000$800,000
40$887,342$844,942$832,542$906,573
41$952,277$860,770$834,858$937,749
42$1,023,030$876,568$836,446$968,741
43$1,100,168$892,310$837,257$1,001,562
44$1,184,317$907,965$837,237$1,036,385
45$1,276,166$923,503$836,333$1,073,400
46$1,376,471$938,891$834,486$1,112,820
47$1,486,066$954,092$831,636$1,154,879
48$1,605,870$969,068$827,721$1,199,834
49$1,736,893$983,776$822,674$1,247,974
50$1,880,248$998,173$816,425$1,299,614
51$2,037,160$1,012,210$808,902$1,355,104
52$2,208,978$1,025,836$800,029$1,414,832
53$2,397,189$1,038,998$789,725$1,479,227
54$2,603,429$1,051,635$777,907$1,548,762
55$2,829,499$1,063,685$764,487$1,623,961
56$3,077,385$1,075,083$749,375$1,705,403
57$3,349,272$1,085,756$732,473$1,793,727
58$3,647,569$1,095,630$713,682$1,889,642
59$3,974,928$1,104,622$692,897$1,993,929
60$4,334,269$1,112,647$670,007$2,107,453
61$4,728,810$1,119,612$644,898$2,231,168
62$5,162,097$1,125,422$617,451$2,366,129
63$5,638,034$1,129,971$587,538$2,513,503
64$6,160,923$1,133,148$555,030$2,674,578
65$6,735,502$1,134,838$519,789$2,850,775
66$7,366,993$1,134,915$481,672$3,043,668
67$8,061,147$1,133,246$440,528$3,254,992
68$8,824,300$1,129,691$396,202$3,486,663
69$9,663,433$1,124,100$348,529$3,740,800
70$10,586,238$1,116,316$297,340$4,019,739
71$11,601,189$1,106,171$242,456$4,326,063
72$12,717,623$1,093,485$183,690$4,662,621
73$13,945,826$1,078,071$120,849$5,032,559
74$15,297,132$1,059,729$53,729$5,439,351
75$16,784,029$1,038,246$0$5,886,831
76$18,420,278$1,013,397$0$6,383,623
77$20,221,039$984,946$0$6,944,362
78$22,203,017$952,641$0$7,561,061
79$24,384,619$916,214$0$8,239,467
80$26,786,126$875,385$0$8,985,920
81$29,429,887$829,855$0$9,807,410
82$32,340,526$779,308$0$10,711,648
83$35,545,178$723,412$0$11,707,137
84$39,073,740$661,813$0$12,803,255
85$42,959,158$594,139$0$14,010,341
86$47,237,736$519,996$0$15,339,798
87$51,949,477$438,967$0$16,804,201
88$57,138,459$350,613$0$18,417,414
89$62,853,258$254,468$0$20,194,727
90$69,147,396$150,043$0$22,152,996
91$76,079,854$36,818$0$24,310,809
92$83,715,624$0$0$26,688,660
93$92,126,326$0$0$29,354,438
94$101,390,877$0$0$32,312,454
95$111,596,245$0$0$35,571,049
96$122,838,260$0$0$39,160,847
97$135,222,525$0$0$43,115,592
98$148,865,411$0$0$47,472,473
99$163,895,151$0$0$52,272,466
100$180,453,058$0$0$57,560,730