Can I retire at age 40 with 806,000?

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 $806,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$66,559$65,966$65,387$64,823$64,272$61,868
2 years$32,950$32,336$31,741$31,165$30,606$28,212
3 years$21,748$21,132$20,539$19,968$19,417$17,108
4 years$16,149$15,534$14,947$14,386$13,849$11,642
5 years$12,790$12,179$11,599$11,049$10,528$8,429
6 years$10,551$9,945$9,374$8,836$8,330$6,341
7 years$8,953$8,352$7,790$7,265$6,775$4,895
8 years$7,755$7,159$6,606$6,094$5,620$3,848
9 years$6,823$6,233$5,690$5,191$4,733$3,066
10 years$6,079$5,494$4,961$4,475$4,033$2,467
11 years$5,470$4,891$4,367$3,894$3,468$2,001
12 years$4,963$4,390$3,876$3,416$3,006$1,633
13 years$4,534$3,967$3,463$3,016$2,621$1,339
14 years$4,167$3,606$3,111$2,677$2,297$1,103
15 years$3,849$3,294$2,809$2,387$2,023$911
16 years$3,571$3,023$2,547$2,138$1,788$754
17 years$3,326$2,784$2,318$1,921$1,585$626
18 years$3,108$2,572$2,116$1,731$1,409$520
19 years$2,914$2,384$1,937$1,564$1,256$433
20 years$2,739$2,215$1,778$1,417$1,122$361
21 years$2,581$2,063$1,635$1,286$1,004$301
22 years$2,438$1,926$1,507$1,169$900$251
23 years$2,307$1,801$1,391$1,065$808$210
24 years$2,188$1,688$1,287$971$726$175
25 years$2,078$1,584$1,192$887$654$147
26 years$1,977$1,489$1,105$811$589$123
27 years$1,883$1,401$1,026$742$531$103
28 years$1,796$1,320$954$680$479$86
29 years$1,716$1,245$888$624$432$72
30 years$1,641$1,176$827$572$391$60
31 years$1,571$1,112$771$526$353$50
32 years$1,505$1,052$719$483$320$42
33 years$1,443$996$672$444$289$35
34 years$1,386$944$628$409$262$30
35 years$1,331$896$587$376$237$25
36 years$1,280$850$549$346$215$21
37 years$1,232$807$514$319$195$17
38 years$1,186$767$481$294$177$15
39 years$1,143$730$451$271$160$12
40 years$1,102$694$423$250$145$10
41 years$1,063$661$396$231$132$9
42 years$1,026$629$372$213$120$7
43 years$991$600$349$197$108$6
44 years$958$572$327$182$98$5
45 years$926$545$307$168$89$4
46 years$895$520$289$155$81$4
47 years$866$496$271$143$74$3
48 years$839$474$255$132$67$3
49 years$812$452$240$122$61$2
50 years$787$432$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 $806,000, adding $2,613 every year, while hoping to spend $39,969 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: 61/11/28 Blend
39$806,000$806,000$806,000$806,000
40$890,907$848,189$835,696$938,385
41$939,253$847,224$821,165$970,049
42$991,191$844,872$804,808$1,000,061
43$1,047,044$841,022$786,521$1,031,977
44$1,107,169$835,559$766,196$1,065,992
45$1,171,957$828,358$743,720$1,102,321
46$1,241,836$819,287$718,975$1,141,205
47$1,317,279$808,208$691,836$1,182,908
48$1,398,804$794,972$662,174$1,227,724
49$1,486,979$779,423$629,855$1,275,978
50$1,582,432$761,396$594,736$1,328,033
51$1,685,850$740,714$556,669$1,384,286
52$1,797,990$717,192$515,501$1,445,182
53$1,919,683$690,633$471,069$1,511,210
54$2,051,846$660,830$423,205$1,582,913
55$2,195,485$627,561$371,733$1,660,890
56$2,351,707$590,594$316,469$1,745,807
57$2,521,731$549,683$257,220$1,838,398
58$2,706,897$504,566$193,786$1,939,477
59$2,908,680$454,970$125,958$2,049,943
60$3,128,704$400,602$53,516$2,170,791
61$3,368,755$341,155$0$2,303,121
62$3,630,801$276,304$0$2,455,256
63$3,917,006$205,707$0$2,638,957
64$4,229,754$128,999$0$2,839,778
65$4,571,669$45,800$0$3,059,439
66$4,945,638$0$0$3,299,833
67$5,354,844$0$0$3,568,412
68$5,802,788$0$0$3,868,546
69$6,293,328$0$0$4,197,282
70$6,830,711$0$0$4,557,475
71$7,419,614$0$0$4,952,268
72$8,065,188$0$0$5,385,123
73$8,773,107$0$0$5,859,852
74$9,549,620$0$0$6,380,655
75$10,401,609$0$0$6,952,157
76$11,336,656$0$0$7,579,454
77$12,363,111$0$0$8,268,158
78$13,490,174$0$0$9,024,450
79$14,727,977$0$0$9,855,143
80$16,087,682$0$0$10,767,737
81$17,581,587$0$0$11,770,498
82$19,223,239$0$0$12,872,531
83$21,027,561$0$0$14,083,867
84$23,010,996$0$0$15,415,556
85$25,191,659$0$0$16,879,775
86$27,589,505$0$0$18,489,937
87$30,226,524$0$0$20,260,820
88$33,126,939$0$0$22,208,708
89$36,317,441$0$0$24,351,542
90$39,827,439$0$0$26,709,087
91$43,689,334$0$0$29,303,123
92$47,938,826$0$0$32,157,646
93$52,615,251$0$0$35,299,097
94$57,761,952$0$0$38,756,610
95$63,426,684$0$0$42,562,284
96$69,662,069$0$0$46,751,491
97$76,526,088$0$0$51,363,204
98$84,082,630$0$0$56,440,369
99$92,402,091$0$0$62,030,305
100$101,562,043$0$0$68,185,155