Can I retire at age 40 with 801,000?

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 $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%16.2%
1 years$66,146$65,557$64,982$64,421$63,873$62,253
2 years$32,745$32,136$31,545$30,972$30,416$28,794
3 years$21,613$21,001$20,411$19,844$19,297$17,725
4 years$16,049$15,438$14,854$14,296$13,763$12,252
5 years$12,710$12,104$11,528$10,981$10,462$9,016
6 years$10,486$9,883$9,316$8,782$8,278$6,899
7 years$8,897$8,300$7,742$7,220$6,733$5,421
8 years$7,707$7,115$6,565$6,056$5,585$4,340
9 years$6,781$6,195$5,655$5,159$4,704$3,523
10 years$6,041$5,460$4,930$4,447$4,008$2,891
11 years$5,436$4,861$4,340$3,870$3,447$2,393
12 years$4,932$4,363$3,852$3,395$2,987$1,993
13 years$4,506$3,943$3,441$2,997$2,605$1,669
14 years$4,141$3,584$3,092$2,660$2,283$1,404
15 years$3,825$3,274$2,792$2,373$2,010$1,185
16 years$3,549$3,004$2,531$2,124$1,777$1,004
17 years$3,305$2,766$2,303$1,909$1,575$852
18 years$3,089$2,556$2,103$1,720$1,401$725
19 years$2,896$2,369$1,925$1,554$1,249$617
20 years$2,722$2,202$1,767$1,408$1,115$527
21 years$2,565$2,051$1,625$1,278$998$450
22 years$2,423$1,914$1,498$1,162$895$385
23 years$2,293$1,790$1,383$1,058$803$330
24 years$2,174$1,677$1,279$965$722$282
25 years$2,065$1,574$1,184$881$649$242
26 years$1,964$1,479$1,098$806$585$208
27 years$1,871$1,392$1,020$737$527$178
28 years$1,785$1,312$948$676$476$153
29 years$1,705$1,238$882$620$430$131
30 years$1,630$1,169$822$569$388$113
31 years$1,561$1,105$766$522$351$97
32 years$1,496$1,046$715$480$318$83
33 years$1,434$990$668$441$287$72
34 years$1,377$938$624$406$260$62
35 years$1,323$890$583$374$236$53
36 years$1,272$845$546$344$214$46
37 years$1,224$802$511$317$194$39
38 years$1,179$763$478$292$175$34
39 years$1,136$725$448$270$159$29
40 years$1,095$690$420$249$144$25
41 years$1,056$657$394$229$131$21
42 years$1,020$625$369$212$119$18
43 years$985$596$347$195$108$16
44 years$952$568$325$180$98$14
45 years$920$542$305$167$89$12
46 years$890$517$287$154$81$10
47 years$861$493$270$142$73$9
48 years$834$471$253$131$67$7
49 years$807$450$238$121$60$6
50 years$782$429$224$112$55$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $801,000, adding $5,875 every year, while hoping to spend $47,476 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: 47/25/28 Blend
39$801,000$801,000$801,000$801,000
40$888,762$846,309$833,894$923,160
41$928,902$837,264$811,315$938,980
42$971,544$826,185$786,389$951,059
43$1,016,895$812,921$758,986$963,254
44$1,065,179$797,315$728,972$975,602
45$1,116,641$779,197$696,207$988,144
46$1,171,551$758,391$660,543$1,000,933
47$1,230,204$734,706$621,825$1,014,026
48$1,292,923$707,945$579,895$1,027,491
49$1,360,062$677,895$534,582$1,041,410
50$1,432,010$644,333$485,712$1,055,873
51$1,509,193$607,024$433,102$1,070,987
52$1,592,079$565,716$376,559$1,086,872
53$1,681,181$520,147$315,884$1,103,669
54$1,777,064$470,036$250,867$1,121,535
55$1,880,344$415,088$181,292$1,140,650
56$1,991,703$354,991$106,929$1,161,218
57$2,111,887$289,415$27,541$1,183,472
58$2,241,716$218,013$0$1,207,673
59$2,382,092$140,417$0$1,251,200
60$2,534,005$56,237$0$1,307,195
61$2,698,546$0$0$1,367,876
62$2,876,910$0$0$1,443,361
63$3,070,416$0$0$1,542,114
64$3,280,511$0$0$1,649,414
65$3,508,788$0$0$1,766,082
66$3,757,001$0$0$1,893,027
67$4,027,076$0$0$2,031,244
68$4,321,135$0$0$2,181,831
69$4,641,511$0$0$2,345,994
70$4,990,774$0$0$2,525,064
71$5,371,751$0$0$2,720,501
72$5,787,552$0$0$2,933,917
73$6,241,604$0$0$3,167,082
74$6,737,676$0$0$3,421,948
75$7,279,920$0$0$3,700,663
76$7,872,904$0$0$4,005,592
77$8,521,662$0$0$4,339,338
78$9,231,734$0$0$4,704,770
79$10,009,220$0$0$5,105,045
80$10,860,838$0$0$5,543,639
81$11,793,988$0$0$6,024,384
82$12,816,818$0$0$6,551,496
83$13,938,302$0$0$7,129,622
84$15,168,323$0$0$7,763,877
85$16,517,768$0$0$8,459,898
86$17,998,628$0$0$9,223,892
87$19,624,112$0$0$10,062,698
88$21,408,768$0$0$10,983,849
89$23,368,623$0$0$11,995,641
90$25,521,333$0$0$13,107,216
91$27,886,346$0$0$14,328,645
92$30,485,088$0$0$15,671,021
93$33,341,164$0$0$17,146,567
94$36,480,577$0$0$18,768,746
95$39,931,976$0$0$20,552,395
96$43,726,925$0$0$22,513,857
97$47,900,199$0$0$24,671,139
98$52,490,110$0$0$27,044,081
99$57,538,870$0$0$29,654,543
100$63,092,990$0$0$32,526,609