Can I retire at age 40 with 803,000?

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 $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%16.7%
1 years$66,311$65,720$65,144$64,582$64,032$62,282
2 years$32,827$32,216$31,623$31,049$30,492$28,741
3 years$21,667$21,053$20,462$19,893$19,345$17,649
4 years$16,089$15,476$14,891$14,332$13,797$12,169
5 years$12,742$12,134$11,556$11,008$10,488$8,932
6 years$10,512$9,908$9,339$8,803$8,299$6,816
7 years$8,920$8,321$7,761$7,238$6,749$5,340
8 years$7,726$7,132$6,582$6,072$5,599$4,263
9 years$6,798$6,210$5,669$5,172$4,715$3,450
10 years$6,056$5,474$4,942$4,458$4,018$2,823
11 years$5,449$4,873$4,351$3,880$3,455$2,328
12 years$4,944$4,374$3,862$3,403$2,994$1,933
13 years$4,517$3,953$3,450$3,004$2,611$1,614
14 years$4,151$3,593$3,100$2,667$2,289$1,353
15 years$3,834$3,282$2,799$2,379$2,015$1,138
16 years$3,558$3,011$2,538$2,130$1,781$960
17 years$3,314$2,773$2,309$1,914$1,579$812
18 years$3,097$2,563$2,108$1,724$1,404$688
19 years$2,903$2,375$1,930$1,558$1,252$584
20 years$2,729$2,207$1,771$1,411$1,118$496
21 years$2,572$2,056$1,629$1,281$1,000$423
22 years$2,429$1,919$1,501$1,165$897$360
23 years$2,299$1,795$1,386$1,061$805$307
24 years$2,180$1,682$1,282$967$724$262
25 years$2,070$1,578$1,187$883$651$224
26 years$1,969$1,483$1,101$808$586$191
27 years$1,876$1,396$1,023$739$529$163
28 years$1,790$1,315$951$677$477$140
29 years$1,709$1,241$885$621$431$119
30 years$1,635$1,172$824$570$389$102
31 years$1,565$1,108$768$524$352$87
32 years$1,499$1,048$717$481$318$75
33 years$1,438$993$669$442$288$64
34 years$1,381$941$625$407$261$55
35 years$1,326$892$585$375$236$47
36 years$1,275$847$547$345$214$40
37 years$1,227$804$512$318$194$34
38 years$1,182$764$479$293$176$29
39 years$1,139$727$449$270$160$25
40 years$1,098$692$421$249$145$22
41 years$1,059$658$395$230$131$19
42 years$1,022$627$370$212$119$16
43 years$987$597$347$196$108$14
44 years$954$569$326$181$98$12
45 years$922$543$306$167$89$10
46 years$892$518$288$154$81$9
47 years$863$494$270$143$73$7
48 years$836$472$254$132$67$6
49 years$809$451$239$122$61$5
50 years$784$430$224$113$55$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $803,000, adding $4,744 every year, while hoping to spend $57,174 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: 30/45/25 Blend
39$803,000$803,000$803,000$803,000
40$889,799$847,240$834,794$909,499
41$919,726$827,923$801,927$905,793
42$950,789$805,742$766,042$896,437
43$983,044$780,498$726,979$885,212
44$1,016,551$751,978$684,569$871,992
45$1,051,371$719,957$638,634$856,649
46$1,087,574$684,198$588,992$839,044
47$1,125,233$644,450$535,449$819,032
48$1,164,424$600,445$477,804$796,464
49$1,205,232$551,903$415,847$771,178
50$1,247,746$498,527$349,358$743,008
51$1,292,064$440,003$278,109$711,778
52$1,338,289$375,997$201,860$677,305
53$1,386,533$306,160$120,362$639,396
54$1,436,919$230,121$33,353$597,847
55$1,489,575$147,488$0$552,449
56$1,544,645$57,848$0$518,850
57$1,602,281$0$0$491,474
58$1,662,648$0$0$480,679
59$1,725,926$0$0$499,426
60$1,792,309$0$0$519,130
61$1,862,009$0$0$539,861
62$1,935,255$0$0$561,691
63$2,012,298$0$0$584,701
64$2,093,407$0$0$608,978
65$2,178,879$0$0$634,617
66$2,269,035$0$0$661,722
67$2,364,226$0$0$690,407
68$2,464,835$0$0$720,796
69$2,571,280$0$0$753,023
70$2,684,014$0$0$787,236
71$2,803,538$0$0$823,597
72$2,930,394$0$0$862,283
73$3,065,178$0$0$903,488
74$3,208,539$0$0$947,423
75$3,361,192$0$0$994,320
76$3,523,914$0$0$1,044,434
77$3,697,560$0$0$1,098,044
78$3,883,066$0$0$1,155,454
79$4,081,456$0$0$1,217,001
80$4,293,855$0$0$1,283,052
81$4,521,496$0$0$1,354,010
82$4,765,731$0$0$1,430,319
83$5,028,043$0$0$1,512,465
84$5,310,062$0$0$1,600,981
85$5,613,575$0$0$1,696,455
86$5,940,546$0$0$1,799,531
87$6,293,131$0$0$1,910,916
88$6,673,700$0$0$2,031,390
89$7,084,854$0$0$2,161,807
90$7,529,455$0$0$2,303,108
91$8,010,647$0$0$2,456,327
92$8,531,885$0$0$2,622,601
93$9,096,971$0$0$2,803,180
94$9,710,082$0$0$2,999,440
95$10,375,816$0$0$3,212,894
96$11,099,226$0$0$3,445,207
97$11,885,874$0$0$3,698,210
98$12,741,878$0$0$3,973,921
99$13,673,969$0$0$4,274,556
100$14,689,555$0$0$4,602,558