Can I retire at age 40 with 807,000?

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 $807,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$66,641$66,048$65,469$64,903$64,351$62,093
2 years$32,991$32,376$31,781$31,203$30,643$28,392
3 years$21,775$21,158$20,564$19,992$19,441$17,267
4 years$16,169$15,554$14,966$14,403$13,866$11,786
5 years$12,806$12,194$11,614$11,063$10,541$8,560
6 years$10,564$9,957$9,386$8,847$8,340$6,461
7 years$8,964$8,362$7,800$7,274$6,783$5,005
8 years$7,764$7,168$6,615$6,102$5,627$3,948
9 years$6,832$6,241$5,697$5,197$4,739$3,157
10 years$6,086$5,501$4,967$4,480$4,038$2,550
11 years$5,476$4,897$4,373$3,899$3,473$2,077
12 years$4,969$4,396$3,881$3,420$3,009$1,702
13 years$4,539$3,972$3,467$3,019$2,624$1,401
14 years$4,172$3,611$3,115$2,680$2,300$1,158
15 years$3,854$3,298$2,813$2,390$2,025$961
16 years$3,575$3,026$2,550$2,140$1,790$799
17 years$3,330$2,787$2,321$1,923$1,587$666
18 years$3,112$2,575$2,118$1,733$1,411$556
19 years$2,918$2,387$1,939$1,566$1,258$465
20 years$2,743$2,218$1,780$1,418$1,124$389
21 years$2,585$2,066$1,637$1,287$1,005$326
22 years$2,441$1,929$1,509$1,170$901$274
23 years$2,310$1,804$1,393$1,066$809$230
24 years$2,191$1,690$1,288$972$727$193
25 years$2,081$1,586$1,193$888$654$162
26 years$1,979$1,491$1,107$812$589$136
27 years$1,885$1,403$1,028$743$531$115
28 years$1,799$1,322$955$681$479$96
29 years$1,718$1,247$889$624$433$81
30 years$1,643$1,178$828$573$391$68
31 years$1,572$1,113$772$526$354$57
32 years$1,507$1,053$720$484$320$48
33 years$1,445$998$673$445$290$41
34 years$1,387$945$628$409$262$34
35 years$1,333$897$588$377$237$29
36 years$1,282$851$550$347$215$24
37 years$1,233$808$514$320$195$20
38 years$1,188$768$482$295$177$17
39 years$1,144$731$451$272$160$15
40 years$1,103$695$423$251$145$12
41 years$1,064$662$397$231$132$10
42 years$1,027$630$372$213$120$9
43 years$992$600$349$197$109$7
44 years$959$572$328$182$99$6
45 years$927$546$308$168$90$5
46 years$897$521$289$155$81$4
47 years$868$497$272$143$74$4
48 years$840$474$255$132$67$3
49 years$813$453$240$122$61$3
50 years$788$433$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 $807,000, adding $4,798 every year, while hoping to spend $59,649 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: 61/22/17 Blend
39$807,000$807,000$807,000$807,000
40$894,263$851,492$838,984$944,665
41$922,012$829,749$803,624$957,471
42$950,592$804,942$765,080$964,344
43$980,025$776,856$723,182$970,449
44$1,010,333$745,268$677,754$975,718
45$1,041,538$709,937$628,611$980,080
46$1,073,663$670,612$575,557$983,457
47$1,106,730$627,026$518,392$985,766
48$1,140,762$578,896$456,904$986,922
49$1,175,782$525,923$390,872$986,832
50$1,211,811$467,793$320,065$985,397
51$1,248,872$404,171$244,244$982,515
52$1,286,988$334,706$163,157$978,073
53$1,326,179$259,025$76,541$971,956
54$1,366,467$176,736$0$964,039
55$1,407,873$87,422$0$957,072
56$1,450,416$0$0$963,037
57$1,494,115$0$0$970,205
58$1,538,987$0$0$999,293
59$1,585,049$0$0$1,029,146
60$1,632,316$0$0$1,059,775
61$1,680,800$0$0$1,091,186
62$1,730,513$0$0$1,123,385
63$1,781,461$0$0$1,156,376
64$1,833,651$0$0$1,190,163
65$1,887,084$0$0$1,224,745
66$1,941,760$0$0$1,260,119
67$1,997,671$0$0$1,296,281
68$2,054,807$0$0$1,333,221
69$2,113,153$0$0$1,370,929
70$2,172,686$0$0$1,409,386
71$2,233,376$0$0$1,448,573
72$2,295,188$0$0$1,488,463
73$2,358,077$0$0$1,529,023
74$2,421,986$0$0$1,570,217
75$2,486,851$0$0$1,611,997
76$2,552,593$0$0$1,654,309
77$2,619,122$0$0$1,697,090
78$2,686,330$0$0$1,740,268
79$2,754,096$0$0$1,783,757
80$2,822,278$0$0$1,827,461
81$2,890,713$0$0$1,871,268
82$2,959,216$0$0$1,915,051
83$3,027,576$0$0$1,958,667
84$3,095,554$0$0$2,001,953
85$3,162,880$0$0$2,044,724
86$3,229,247$0$0$2,086,772
87$3,294,313$0$0$2,127,865
88$3,357,689$0$0$2,167,739
89$3,418,941$0$0$2,206,099
90$3,477,583$0$0$2,242,615
91$3,533,067$0$0$2,276,917
92$3,584,786$0$0$2,308,594
93$3,632,057$0$0$2,337,184
94$3,674,121$0$0$2,362,173
95$3,710,130$0$0$2,382,988
96$3,739,142$0$0$2,398,993
97$3,760,107$0$0$2,409,478
98$3,771,856$0$0$2,413,655
99$3,773,093$0$0$2,410,647
100$3,762,376$0$0$2,399,483