Can I retire at age 40 with 804,000?

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 $804,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$66,394$65,802$65,225$64,662$64,112$61,837
2 years$32,868$32,256$31,663$31,088$30,530$28,262
3 years$21,694$21,080$20,488$19,918$19,369$17,180
4 years$16,109$15,496$14,910$14,350$13,814$11,720
5 years$12,758$12,149$11,571$11,022$10,501$8,508
6 years$10,525$9,920$9,351$8,814$8,309$6,418
7 years$8,931$8,331$7,771$7,247$6,758$4,969
8 years$7,736$7,141$6,590$6,079$5,606$3,917
9 years$6,806$6,218$5,676$5,178$4,721$3,131
10 years$6,063$5,481$4,949$4,464$4,023$2,527
11 years$5,456$4,879$4,357$3,885$3,460$2,057
12 years$4,950$4,379$3,866$3,407$2,998$1,684
13 years$4,523$3,958$3,454$3,008$2,614$1,386
14 years$4,156$3,597$3,104$2,670$2,292$1,145
15 years$3,839$3,286$2,802$2,381$2,018$949
16 years$3,562$3,015$2,541$2,132$1,783$789
17 years$3,318$2,777$2,312$1,916$1,581$657
18 years$3,101$2,566$2,110$1,727$1,406$548
19 years$2,907$2,378$1,932$1,560$1,253$458
20 years$2,733$2,210$1,773$1,413$1,119$383
21 years$2,575$2,058$1,631$1,282$1,002$321
22 years$2,432$1,921$1,503$1,166$898$269
23 years$2,302$1,797$1,388$1,062$806$225
24 years$2,182$1,684$1,284$969$724$189
25 years$2,073$1,580$1,189$884$652$159
26 years$1,972$1,485$1,103$809$587$133
27 years$1,878$1,398$1,024$740$529$112
28 years$1,792$1,317$952$678$478$94
29 years$1,712$1,242$886$622$431$79
30 years$1,637$1,173$825$571$390$67
31 years$1,567$1,109$769$524$352$56
32 years$1,501$1,049$718$482$319$47
33 years$1,440$994$670$443$288$40
34 years$1,382$942$626$408$261$33
35 years$1,328$893$585$375$237$28
36 years$1,277$848$548$346$214$24
37 years$1,229$805$513$318$194$20
38 years$1,183$765$480$293$176$17
39 years$1,140$728$450$271$160$14
40 years$1,099$692$421$250$145$12
41 years$1,060$659$395$230$131$10
42 years$1,024$628$371$213$119$8
43 years$989$598$348$196$108$7
44 years$955$570$327$181$98$6
45 years$924$544$307$167$89$5
46 years$893$519$288$155$81$4
47 years$864$495$271$143$74$4
48 years$837$473$254$132$67$3
49 years$810$451$239$122$61$3
50 years$785$431$225$113$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $804,000, adding $6,355 every year, while hoping to spend $29,802 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: 53/18/29 Blend
39$804,000$804,000$804,000$804,000
40$892,563$849,951$837,489$932,330
41$951,896$859,890$833,836$970,544
42$1,016,281$869,316$829,062$1,008,570
43$1,086,203$878,175$823,097$1,049,369
44$1,162,195$886,404$815,870$1,093,217
45$1,244,842$893,941$807,304$1,140,423
46$1,334,788$900,716$797,321$1,191,326
47$1,432,742$906,657$785,837$1,246,302
48$1,539,484$911,685$772,765$1,305,765
49$1,655,873$915,719$758,014$1,370,173
50$1,782,853$918,671$741,489$1,440,035
51$1,921,465$920,447$723,089$1,515,909
52$2,072,853$920,948$702,712$1,598,415
53$2,238,278$920,068$680,247$1,688,236
54$2,419,128$917,696$655,580$1,786,127
55$2,616,929$913,713$628,592$1,892,922
56$2,833,363$907,993$599,157$2,009,543
57$3,070,284$900,402$567,147$2,137,007
58$3,329,730$890,799$532,423$2,276,438
59$3,613,947$879,033$494,844$2,429,076
60$3,925,408$864,945$454,260$2,596,291
61$4,266,839$848,365$410,516$2,779,596
62$4,641,237$829,116$363,450$2,980,661
63$5,051,909$807,009$312,891$3,201,330
64$5,502,493$781,841$258,662$3,443,636
65$5,996,998$753,402$200,578$3,709,826
66$6,539,840$721,467$138,446$4,002,379
67$7,135,884$685,799$72,063$4,324,031
68$7,790,486$646,145$1,220$4,677,800
69$8,509,550$602,241$0$5,067,019
70$9,299,579$553,805$0$5,518,378
71$10,167,735$500,541$0$6,014,819
72$11,121,910$442,134$0$6,560,511
73$12,170,799$378,252$0$7,160,469
74$13,323,980$308,546$0$7,820,222
75$14,592,006$232,645$0$8,545,863
76$15,986,503$150,157$0$9,344,106
77$17,520,282$60,670$0$10,222,356
78$19,207,455$0$0$11,188,773
79$21,063,574$0$0$12,259,531
80$23,105,770$0$0$13,450,947
81$25,352,923$0$0$14,762,026
82$27,825,831$0$0$16,204,917
83$30,547,414$0$0$17,793,003
84$33,542,924$0$0$19,541,032
85$36,840,186$0$0$21,465,254
86$40,469,858$0$0$23,583,574
87$44,465,725$0$0$25,915,722
88$48,865,009$0$0$28,483,438
89$53,708,730$0$0$31,310,677
90$59,042,085$0$0$34,423,835
91$64,914,876$0$0$37,851,999
92$71,381,983$0$0$41,627,218
93$78,503,877$0$0$45,784,811
94$86,347,193$0$0$50,363,694
95$94,985,359$0$0$55,406,752
96$104,499,287$0$0$60,961,239
97$114,978,136$0$0$67,079,228
98$126,520,155$0$0$73,818,101
99$139,233,609$0$0$81,241,087
100$153,237,800$0$0$89,417,865