Can I retire at age 40 with 803,000?

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 $803,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$66,311$65,720$65,144$64,582$64,032$62,510
2 years$32,827$32,216$31,623$31,049$30,492$28,967
3 years$21,667$21,053$20,462$19,893$19,345$17,865
4 years$16,089$15,476$14,891$14,332$13,797$12,374
5 years$12,742$12,134$11,556$11,008$10,488$9,126
6 years$10,512$9,908$9,339$8,803$8,299$6,998
7 years$8,920$8,321$7,761$7,238$6,749$5,511
8 years$7,726$7,132$6,582$6,072$5,599$4,422
9 years$6,798$6,210$5,669$5,172$4,715$3,599
10 years$6,056$5,474$4,942$4,458$4,018$2,961
11 years$5,449$4,873$4,351$3,880$3,455$2,456
12 years$4,944$4,374$3,862$3,403$2,994$2,051
13 years$4,517$3,953$3,450$3,004$2,611$1,723
14 years$4,151$3,593$3,100$2,667$2,289$1,453
15 years$3,834$3,282$2,799$2,379$2,015$1,230
16 years$3,558$3,011$2,538$2,130$1,781$1,045
17 years$3,314$2,773$2,309$1,914$1,579$889
18 years$3,097$2,563$2,108$1,724$1,404$759
19 years$2,903$2,375$1,930$1,558$1,252$648
20 years$2,729$2,207$1,771$1,411$1,118$555
21 years$2,572$2,056$1,629$1,281$1,000$475
22 years$2,429$1,919$1,501$1,165$897$408
23 years$2,299$1,795$1,386$1,061$805$350
24 years$2,180$1,682$1,282$967$724$301
25 years$2,070$1,578$1,187$883$651$259
26 years$1,969$1,483$1,101$808$586$223
27 years$1,876$1,396$1,023$739$529$192
28 years$1,790$1,315$951$677$477$165
29 years$1,709$1,241$885$621$431$142
30 years$1,635$1,172$824$570$389$123
31 years$1,565$1,108$768$524$352$106
32 years$1,499$1,048$717$481$318$91
33 years$1,438$993$669$442$288$79
34 years$1,381$941$625$407$261$68
35 years$1,326$892$585$375$236$59
36 years$1,275$847$547$345$214$51
37 years$1,227$804$512$318$194$44
38 years$1,182$764$479$293$176$38
39 years$1,139$727$449$270$160$32
40 years$1,098$692$421$249$145$28
41 years$1,059$658$395$230$131$24
42 years$1,022$627$370$212$119$21
43 years$987$597$347$196$108$18
44 years$954$569$326$181$98$16
45 years$922$543$306$167$89$13
46 years$892$518$288$154$81$12
47 years$863$494$270$143$73$10
48 years$836$472$254$132$67$9
49 years$809$451$239$122$61$7
50 years$784$430$224$113$55$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $803,000, adding $4,256 every year, while hoping to spend $54,636 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: 65/24/11 Blend
39$803,000$803,000$803,000$803,000
40$889,296$846,737$834,291$944,665
41$921,872$830,095$804,107$965,489
42$955,939$810,806$771,081$981,430
43$991,593$788,683$735,060$997,458
44$1,028,935$763,528$695,884$1,013,579
45$1,068,076$735,131$653,386$1,029,799
46$1,109,136$703,269$607,391$1,046,130
47$1,152,246$667,707$557,717$1,062,584
48$1,197,548$628,197$504,173$1,079,180
49$1,245,195$584,476$446,560$1,095,939
50$1,295,356$536,266$384,670$1,112,887
51$1,348,212$483,273$318,287$1,130,058
52$1,403,963$425,187$247,182$1,147,488
53$1,462,824$361,678$171,120$1,165,225
54$1,525,032$292,400$89,853$1,183,322
55$1,590,846$216,988$3,123$1,201,842
56$1,660,545$135,053$0$1,220,860
57$1,734,438$46,188$0$1,250,956
58$1,812,860$0$0$1,282,808
59$1,896,179$0$0$1,329,411
60$1,984,796$0$0$1,391,979
61$2,079,151$0$0$1,458,629
62$2,179,725$0$0$1,529,705
63$2,287,046$0$0$1,605,582
64$2,401,690$0$0$1,686,674
65$2,524,292$0$0$1,773,433
66$2,655,543$0$0$1,866,356
67$2,796,207$0$0$1,965,985
68$2,947,117$0$0$2,072,918
69$3,109,189$0$0$2,187,810
70$3,283,428$0$0$2,311,380
71$3,470,939$0$0$2,444,417
72$3,672,933$0$0$2,587,788
73$3,890,741$0$0$2,742,445
74$4,125,825$0$0$2,909,434
75$4,379,792$0$0$3,089,905
76$4,654,407$0$0$3,285,120
77$4,951,611$0$0$3,496,469
78$5,273,537$0$0$3,725,478
79$5,622,531$0$0$3,973,826
80$6,001,171$0$0$4,243,358
81$6,412,295$0$0$4,536,105
82$6,859,022$0$0$4,854,299
83$7,344,785$0$0$5,200,398
84$7,873,358$0$0$5,577,104
85$8,448,898$0$0$5,987,392
86$9,075,975$0$0$6,434,533
87$9,759,620$0$0$6,922,131
88$10,505,371$0$0$7,454,149
89$11,319,322$0$0$8,034,950
90$12,208,182$0$0$8,669,338
91$13,179,335$0$0$9,362,601
92$14,240,913$0$0$10,120,560
93$15,401,866$0$0$10,949,624
94$16,672,050$0$0$11,856,851
95$18,062,318$0$0$12,850,011
96$19,584,619$0$0$13,937,663
97$21,252,113$0$0$15,129,229
98$23,079,292$0$0$16,435,087
99$25,082,116$0$0$17,866,667
100$27,278,164$0$0$19,436,557