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%18.1%
1 years$66,146$65,557$64,982$64,421$63,873$61,779
2 years$32,745$32,136$31,545$30,972$30,416$28,326
3 years$21,613$21,001$20,411$19,844$19,297$17,277
4 years$16,049$15,438$14,854$14,296$13,763$11,828
5 years$12,710$12,104$11,528$10,981$10,462$8,618
6 years$10,486$9,883$9,316$8,782$8,278$6,527
7 years$8,897$8,300$7,742$7,220$6,733$5,073
8 years$7,707$7,115$6,565$6,056$5,585$4,016
9 years$6,781$6,195$5,655$5,159$4,704$3,223
10 years$6,041$5,460$4,930$4,447$4,008$2,614
11 years$5,436$4,861$4,340$3,870$3,447$2,137
12 years$4,932$4,363$3,852$3,395$2,987$1,758
13 years$4,506$3,943$3,441$2,997$2,605$1,453
14 years$4,141$3,584$3,092$2,660$2,283$1,206
15 years$3,825$3,274$2,792$2,373$2,010$1,005
16 years$3,549$3,004$2,531$2,124$1,777$839
17 years$3,305$2,766$2,303$1,909$1,575$703
18 years$3,089$2,556$2,103$1,720$1,401$589
19 years$2,896$2,369$1,925$1,554$1,249$495
20 years$2,722$2,202$1,767$1,408$1,115$416
21 years$2,565$2,051$1,625$1,278$998$350
22 years$2,423$1,914$1,498$1,162$895$295
23 years$2,293$1,790$1,383$1,058$803$249
24 years$2,174$1,677$1,279$965$722$210
25 years$2,065$1,574$1,184$881$649$177
26 years$1,964$1,479$1,098$806$585$150
27 years$1,871$1,392$1,020$737$527$127
28 years$1,785$1,312$948$676$476$107
29 years$1,705$1,238$882$620$430$91
30 years$1,630$1,169$822$569$388$77
31 years$1,561$1,105$766$522$351$65
32 years$1,496$1,046$715$480$318$55
33 years$1,434$990$668$441$287$46
34 years$1,377$938$624$406$260$39
35 years$1,323$890$583$374$236$33
36 years$1,272$845$546$344$214$28
37 years$1,224$802$511$317$194$24
38 years$1,179$763$478$292$175$20
39 years$1,136$725$448$270$159$17
40 years$1,095$690$420$249$144$14
41 years$1,056$657$394$229$131$12
42 years$1,020$625$369$212$119$10
43 years$985$596$347$195$108$9
44 years$952$568$325$180$98$7
45 years$920$542$305$167$89$6
46 years$890$517$287$154$81$5
47 years$861$493$270$142$73$4
48 years$834$471$253$131$67$4
49 years$807$450$238$121$60$3
50 years$782$429$224$112$55$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $801,000, adding $4,021 every year, while hoping to spend $35,668 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: 35/36/29 Blend
39$801,000$801,000$801,000$801,000
40$886,850$844,397$831,981$910,032
41$939,358$847,822$821,902$931,211
42$996,026$850,219$810,290$950,568
43$1,057,242$851,501$797,056$970,775
44$1,123,430$851,573$782,106$991,930
45$1,195,057$850,337$765,344$1,014,149
46$1,272,636$847,688$746,666$1,037,558
47$1,356,733$843,512$725,967$1,062,301
48$1,447,967$837,692$703,135$1,088,540
49$1,547,023$830,101$678,053$1,116,456
50$1,654,649$820,607$650,598$1,146,250
51$1,771,674$809,067$620,643$1,178,150
52$1,899,004$795,331$588,054$1,212,409
53$2,037,641$779,241$552,693$1,249,313
54$2,188,685$760,627$514,412$1,289,177
55$2,353,346$739,313$473,060$1,332,357
56$2,532,957$715,109$428,477$1,379,247
57$2,728,984$687,815$380,497$1,430,287
58$2,943,043$657,221$328,946$1,485,969
59$3,176,911$623,102$273,643$1,546,839
60$3,432,543$585,222$214,398$1,613,507
61$3,712,096$543,331$151,013$1,686,649
62$4,017,940$497,164$83,282$1,767,019
63$4,352,687$446,442$10,989$1,855,454
64$4,719,213$390,870$0$1,952,884
65$5,120,685$330,135$0$2,080,814
66$5,560,591$263,908$0$2,224,880
67$6,042,772$191,840$0$2,383,027
68$6,571,457$113,563$0$2,556,747
69$7,151,307$28,688$0$2,747,690
70$7,787,452$0$0$2,957,678
71$8,485,546$0$0$3,213,763
72$9,251,814$0$0$3,507,451
73$10,093,115$0$0$3,830,020
74$11,017,004$0$0$4,184,383
75$12,031,802$0$0$4,573,747
76$13,146,678$0$0$5,001,647
77$14,371,733$0$0$5,471,976
78$15,718,091$0$0$5,989,023
79$17,198,013$0$0$6,557,515
80$18,825,001$0$0$7,182,659
81$20,613,935$0$0$7,870,189
82$22,581,207$0$0$8,626,427
83$24,744,878$0$0$9,458,335
84$27,124,845$0$0$10,373,587
85$29,743,032$0$0$11,380,635
86$32,623,595$0$0$12,488,794
87$35,793,149$0$0$13,708,326
88$39,281,019$0$0$15,050,539
89$43,119,516$0$0$16,527,893
90$47,344,243$0$0$18,154,116
91$51,994,428$0$0$19,944,335
92$57,113,295$0$0$21,915,220
93$62,748,472$0$0$24,085,136
94$68,952,442$0$0$26,474,323
95$75,783,030$0$0$29,105,081
96$83,303,957$0$0$32,001,983
97$91,585,437$0$0$35,192,107
98$100,704,840$0$0$38,705,290
99$110,747,418$0$0$42,574,411
100$121,807,116$0$0$46,835,699