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%11.8%
1 years$66,063$65,475$64,901$64,340$63,793$63,312
2 years$32,705$32,095$31,505$30,933$30,378$29,892
3 years$21,586$20,975$20,386$19,819$19,273$18,798
4 years$16,029$15,419$14,836$14,278$13,746$13,286
5 years$12,695$12,088$11,513$10,967$10,449$10,006
6 years$10,473$9,871$9,304$8,771$8,268$7,841
7 years$8,886$8,290$7,732$7,211$6,724$6,314
8 years$7,697$7,106$6,557$6,049$5,578$5,185
9 years$6,773$6,187$5,648$5,152$4,698$4,321
10 years$6,033$5,453$4,924$4,441$4,003$3,643
11 years$5,429$4,855$4,335$3,865$3,442$3,099
12 years$4,926$4,357$3,847$3,390$2,983$2,656
13 years$4,500$3,938$3,437$2,993$2,601$2,289
14 years$4,136$3,579$3,088$2,657$2,280$1,984
15 years$3,820$3,270$2,788$2,370$2,008$1,726
16 years$3,544$3,000$2,528$2,122$1,775$1,507
17 years$3,301$2,763$2,300$1,906$1,573$1,320
18 years$3,085$2,553$2,100$1,718$1,399$1,159
19 years$2,892$2,366$1,922$1,552$1,247$1,020
20 years$2,719$2,199$1,764$1,406$1,114$899
21 years$2,562$2,048$1,623$1,276$997$794
22 years$2,420$1,912$1,496$1,160$893$703
23 years$2,290$1,788$1,381$1,057$802$622
24 years$2,172$1,675$1,277$964$721$552
25 years$2,063$1,572$1,183$880$649$490
26 years$1,962$1,478$1,097$805$584$435
27 years$1,869$1,391$1,019$737$527$387
28 years$1,783$1,310$947$675$475$344
29 years$1,703$1,236$881$619$429$306
30 years$1,628$1,167$821$568$388$273
31 years$1,559$1,104$765$522$351$243
32 years$1,494$1,044$714$479$317$217
33 years$1,433$989$667$441$287$193
34 years$1,375$937$623$406$260$172
35 years$1,321$889$582$373$235$154
36 years$1,271$844$545$344$213$137
37 years$1,223$801$510$317$193$122
38 years$1,177$762$478$292$175$109
39 years$1,134$724$447$269$159$98
40 years$1,094$689$419$248$144$87
41 years$1,055$656$393$229$131$78
42 years$1,019$625$369$211$119$70
43 years$984$595$346$195$108$62
44 years$951$567$325$180$98$56
45 years$919$541$305$166$89$50
46 years$889$516$287$154$81$44
47 years$860$492$269$142$73$40
48 years$833$470$253$131$66$35
49 years$806$449$238$121$60$32
50 years$781$429$224$112$55$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $800,000, adding $3,796 every year, while hoping to spend $31,505 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: 86/9/5 Blend
39$800,000$800,000$800,000$800,000
40$885,516$843,116$830,716$961,379
41$942,317$850,907$825,023$1,019,164
42$1,003,856$858,025$818,085$1,077,899
43$1,070,584$864,402$809,824$1,141,415
44$1,142,994$869,968$800,164$1,210,171
45$1,221,630$874,648$789,021$1,284,671
46$1,307,093$878,361$776,309$1,365,472
47$1,400,039$881,024$761,939$1,453,183
48$1,501,194$882,546$745,815$1,548,480
49$1,611,356$882,830$727,839$1,652,103
50$1,731,400$881,774$707,907$1,764,868
51$1,862,293$879,271$685,912$1,887,676
52$2,005,097$875,206$661,741$2,021,517
53$2,160,982$869,456$635,274$2,167,481
54$2,331,235$861,892$606,389$2,326,770
55$2,517,273$852,378$574,955$2,500,708
56$2,720,658$840,767$540,839$2,690,754
57$2,943,107$826,906$503,899$2,898,513
58$3,186,510$810,631$463,986$3,125,755
59$3,452,952$791,770$420,948$3,374,431
60$3,744,726$770,140$374,622$3,646,688
61$4,064,358$745,546$324,841$3,944,893
62$4,414,628$717,783$271,429$4,271,654
63$4,798,600$686,635$214,203$4,629,845
64$5,219,649$651,872$152,970$5,022,631
65$5,681,490$613,250$87,531$5,453,501
66$6,188,216$570,513$17,677$5,926,299
67$6,744,335$523,389$0$6,445,261
68$7,354,813$471,591$0$7,018,089
69$8,025,121$414,816$0$7,648,096
70$8,761,283$352,742$0$8,340,017
71$9,569,939$285,031$0$9,100,113
72$10,458,400$211,325$0$9,935,280
73$11,434,723$131,246$0$10,853,116
74$12,507,781$44,394$0$11,861,996
75$13,687,353$0$0$12,971,145
76$14,984,211$0$0$14,195,648
77$16,410,222$0$0$15,546,943
78$17,978,461$0$0$17,033,026
79$19,703,333$0$0$18,667,548
80$21,600,712$0$0$20,465,552
81$23,688,083$0$0$22,443,611
82$25,984,716$0$0$24,619,985
83$28,511,839$0$0$27,014,793
84$31,292,844$0$0$29,650,204
85$34,353,505$0$0$32,550,644
86$37,722,221$0$0$35,743,027
87$41,430,282$0$0$39,257,008
88$45,512,167$0$0$43,125,263
89$50,005,869$0$0$47,383,797
90$54,953,249$0$0$52,072,283
91$60,400,436$0$0$57,234,439
92$66,398,258$0$0$62,918,434
93$73,002,722$0$0$69,177,348
94$80,275,544$0$0$76,069,671
95$88,284,731$0$0$83,659,851
96$97,105,219$0$0$92,018,909
97$106,819,582$0$0$101,225,102
98$117,518,815$0$0$111,364,665
99$129,303,183$0$0$122,532,624
100$142,283,177$0$0$134,833,690