Can I retire at age 40 with 805,000?

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 $805,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$66,476$65,884$65,306$64,742$64,192$63,416
2 years$32,909$32,296$31,702$31,126$30,568$29,787
3 years$21,721$21,106$20,513$19,943$19,393$18,632
4 years$16,129$15,515$14,928$14,368$13,831$13,095
5 years$12,774$12,164$11,585$11,036$10,514$9,805
6 years$10,538$9,933$9,362$8,825$8,320$7,639
7 years$8,942$8,342$7,780$7,256$6,766$6,114
8 years$7,745$7,150$6,598$6,087$5,613$4,989
9 years$6,815$6,226$5,683$5,185$4,727$4,131
10 years$6,071$5,488$4,955$4,469$4,028$3,460
11 years$5,463$4,885$4,362$3,889$3,464$2,923
12 years$4,956$4,385$3,871$3,412$3,002$2,487
13 years$4,528$3,963$3,459$3,012$2,618$2,129
14 years$4,162$3,602$3,108$2,674$2,295$1,832
15 years$3,844$3,290$2,806$2,384$2,020$1,582
16 years$3,566$3,019$2,544$2,135$1,786$1,371
17 years$3,322$2,780$2,315$1,918$1,583$1,191
18 years$3,105$2,569$2,113$1,729$1,408$1,038
19 years$2,910$2,381$1,934$1,562$1,255$906
20 years$2,736$2,213$1,775$1,415$1,121$793
21 years$2,578$2,061$1,633$1,284$1,003$694
22 years$2,435$1,924$1,505$1,167$899$609
23 years$2,305$1,799$1,390$1,063$807$535
24 years$2,185$1,686$1,285$970$725$470
25 years$2,075$1,582$1,190$886$653$414
26 years$1,974$1,487$1,104$810$588$364
27 years$1,881$1,399$1,025$741$530$321
28 years$1,794$1,319$953$679$478$283
29 years$1,714$1,244$887$623$432$250
30 years$1,639$1,175$826$572$390$221
31 years$1,569$1,110$770$525$353$195
32 years$1,503$1,051$719$482$319$172
33 years$1,442$995$671$444$289$152
34 years$1,384$943$627$408$261$134
35 years$1,330$895$586$376$237$119
36 years$1,279$849$548$346$215$105
37 years$1,230$806$513$319$194$93
38 years$1,185$766$481$294$176$82
39 years$1,141$729$450$271$160$73
40 years$1,101$693$422$250$145$64
41 years$1,062$660$396$231$132$57
42 years$1,025$629$371$213$119$50
43 years$990$599$348$196$108$45
44 years$956$571$327$181$98$39
45 years$925$544$307$168$89$35
46 years$894$519$288$155$81$31
47 years$865$496$271$143$74$27
48 years$838$473$255$132$67$24
49 years$811$452$239$122$61$21
50 years$786$432$225$113$55$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $805,000, adding $5,457 every year, while hoping to spend $28,914 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: 74/7/19 Blend
39$805,000$805,000$805,000$805,000
40$892,739$850,074$837,596$954,426
41$953,034$860,963$834,892$1,006,968
42$1,018,510$871,417$831,127$1,060,473
43$1,089,665$881,384$826,237$1,118,355
44$1,167,047$890,807$820,152$1,181,044
45$1,251,258$899,629$812,799$1,249,011
46$1,342,962$907,786$804,103$1,322,779
47$1,442,888$915,212$793,985$1,402,921
48$1,551,839$921,834$782,360$1,490,071
49$1,670,699$927,576$769,141$1,584,928
50$1,800,440$932,357$754,238$1,688,260
51$1,942,134$936,092$737,554$1,800,916
52$2,096,960$938,689$718,990$1,923,831
53$2,266,215$940,049$698,441$2,058,036
54$2,451,328$940,070$675,797$2,204,667
55$2,653,871$938,642$650,945$2,364,976
56$2,875,579$935,648$623,764$2,540,345
57$3,118,357$930,964$594,130$2,732,294
58$3,384,307$924,459$561,911$2,942,502
59$3,675,743$915,994$526,971$3,172,819
60$3,995,211$905,420$489,166$3,425,284
61$4,345,517$892,581$448,349$3,702,143
62$4,729,754$877,311$404,362$4,005,875
63$5,151,323$859,433$357,043$4,339,210
64$5,613,976$838,763$306,221$4,705,160
65$6,121,841$815,102$251,719$5,107,043
66$6,679,469$788,242$193,352$5,548,518
67$7,291,870$757,962$130,925$6,033,616
68$7,964,566$724,027$64,236$6,566,784
69$8,703,638$686,191$0$7,152,921
70$9,515,786$644,191$0$7,798,835
71$10,408,391$597,751$0$8,523,062
72$11,389,584$546,578$0$9,319,175
73$12,468,325$490,364$0$10,194,457
74$13,654,483$428,780$0$11,156,933
75$14,958,932$361,482$0$12,215,443
76$16,393,653$288,105$0$13,379,733
77$17,971,847$208,263$0$14,660,537
78$19,708,056$121,549$0$16,069,685
79$21,618,306$27,533$0$17,620,212
80$23,720,253$0$0$19,326,485
81$26,033,349$0$0$21,210,048
82$28,579,031$0$0$23,285,383
83$31,380,916$0$0$25,569,626
84$34,465,029$0$0$28,084,000
85$37,860,043$0$0$30,851,888
86$41,597,556$0$0$33,899,055
87$45,712,382$0$0$37,253,892
88$50,242,885$0$0$40,947,682
89$55,231,336$0$0$45,014,896
90$60,724,315$0$0$49,493,518
91$66,773,149$0$0$54,425,403
92$73,434,394$0$0$59,856,672
93$80,770,373$0$0$65,838,147
94$88,849,761$0$0$72,425,830
95$97,748,233$0$0$79,681,430
96$107,549,175$0$0$87,672,948
97$118,344,479$0$0$96,475,318
98$130,235,400$0$0$106,171,110
99$143,333,518$0$0$116,851,316
100$157,761,789$0$0$128,616,202