Can I retire at age 40 with 801,000?

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 $801,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$66,146$65,557$64,982$64,421$63,873$62,558
2 years$32,745$32,136$31,545$30,972$30,416$29,097
3 years$21,613$21,001$20,411$19,844$19,297$18,015
4 years$16,049$15,438$14,854$14,296$13,763$12,528
5 years$12,710$12,104$11,528$10,981$10,462$9,278
6 years$10,486$9,883$9,316$8,782$8,278$7,146
7 years$8,897$8,300$7,742$7,220$6,733$5,653
8 years$7,707$7,115$6,565$6,056$5,585$4,557
9 years$6,781$6,195$5,655$5,159$4,704$3,727
10 years$6,041$5,460$4,930$4,447$4,008$3,081
11 years$5,436$4,861$4,340$3,870$3,447$2,569
12 years$4,932$4,363$3,852$3,395$2,987$2,157
13 years$4,506$3,943$3,441$2,997$2,605$1,821
14 years$4,141$3,584$3,092$2,660$2,283$1,544
15 years$3,825$3,274$2,792$2,373$2,010$1,315
16 years$3,549$3,004$2,531$2,124$1,777$1,123
17 years$3,305$2,766$2,303$1,909$1,575$961
18 years$3,089$2,556$2,103$1,720$1,401$825
19 years$2,896$2,369$1,925$1,554$1,249$709
20 years$2,722$2,202$1,767$1,408$1,115$611
21 years$2,565$2,051$1,625$1,278$998$527
22 years$2,423$1,914$1,498$1,162$895$455
23 years$2,293$1,790$1,383$1,058$803$393
24 years$2,174$1,677$1,279$965$722$340
25 years$2,065$1,574$1,184$881$649$294
26 years$1,964$1,479$1,098$806$585$255
27 years$1,871$1,392$1,020$737$527$221
28 years$1,785$1,312$948$676$476$191
29 years$1,705$1,238$882$620$430$166
30 years$1,630$1,169$822$569$388$144
31 years$1,561$1,105$766$522$351$125
32 years$1,496$1,046$715$480$318$108
33 years$1,434$990$668$441$287$94
34 years$1,377$938$624$406$260$82
35 years$1,323$890$583$374$236$71
36 years$1,272$845$546$344$214$62
37 years$1,224$802$511$317$194$54
38 years$1,179$763$478$292$175$47
39 years$1,136$725$448$270$159$40
40 years$1,095$690$420$249$144$35
41 years$1,056$657$394$229$131$31
42 years$1,020$625$369$212$119$27
43 years$985$596$347$195$108$23
44 years$952$568$325$180$98$20
45 years$920$542$305$167$89$17
46 years$890$517$287$154$81$15
47 years$861$493$270$142$73$13
48 years$834$471$253$131$67$11
49 years$807$450$238$121$60$10
50 years$782$429$224$112$55$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $801,000, adding $4,080 every year, while hoping to spend $35,810 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: 82/8/10 Blend
39$801,000$801,000$801,000$801,000
40$886,911$844,458$832,042$957,924
41$939,274$847,734$821,814$1,008,306
42$995,778$849,972$810,043$1,058,445
43$1,056,808$851,080$796,640$1,112,414
44$1,122,785$850,967$781,510$1,170,577
45$1,194,175$849,530$764,557$1,233,335
46$1,271,488$846,664$745,677$1,301,130
47$1,355,286$842,257$724,763$1,374,449
48$1,446,185$836,187$701,702$1,453,828
49$1,544,865$828,329$676,378$1,539,858
50$1,652,072$818,548$648,668$1,633,190
51$1,768,627$806,701$618,442$1,734,540
52$1,895,435$792,637$585,567$1,844,699
53$2,033,489$776,195$549,903$1,964,538
54$2,183,882$757,207$511,303$2,095,015
55$2,347,820$735,492$469,613$2,237,188
56$2,526,627$710,860$424,674$2,392,222
57$2,721,760$683,110$376,319$2,561,400
58$2,934,827$652,029$324,372$2,746,137
59$3,167,592$617,391$268,651$2,947,993
60$3,422,002$578,959$208,967$3,168,685
61$3,700,198$536,480$145,119$3,410,107
62$4,004,539$489,688$76,901$3,674,347
63$4,337,620$438,301$4,095$3,963,705
64$4,702,301$382,021$0$4,280,717
65$5,101,730$320,535$0$4,636,029
66$5,539,375$253,509$0$5,025,846
67$6,019,053$180,593$0$5,453,151
68$6,544,970$101,416$0$5,921,712
69$7,121,758$15,586$0$6,435,684
70$7,754,518$0$0$6,999,640
71$8,448,869$0$0$7,625,427
72$9,211,001$0$0$8,313,826
73$10,047,731$0$0$9,069,627
74$10,966,570$0$0$9,899,615
75$11,975,791$0$0$10,811,265
76$13,084,507$0$0$11,812,813
77$14,302,758$0$0$12,913,331
78$15,641,605$0$0$14,122,814
79$17,113,234$0$0$15,452,272
80$18,731,069$0$0$16,913,836
81$20,509,899$0$0$18,520,871
82$22,466,021$0$0$20,288,101
83$24,617,387$0$0$22,231,749
84$26,983,776$0$0$24,369,687
85$29,586,983$0$0$26,721,611
86$32,451,019$0$0$29,309,216
87$35,602,341$0$0$32,156,409
88$39,070,100$0$0$35,289,533
89$42,886,414$0$0$38,737,610
90$47,086,673$0$0$42,532,620
91$51,709,873$0$0$46,709,800
92$56,798,981$0$0$51,307,976
93$62,401,341$0$0$56,369,930
94$68,569,121$0$0$61,942,802
95$75,359,804$0$0$68,078,537
96$82,836,730$0$0$74,834,369
97$91,069,696$0$0$82,273,369
98$100,135,607$0$0$90,465,033
99$110,119,211$0$0$99,485,939
100$121,113,890$0$0$109,420,472