Can I retire at age 40 with 808,000?

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 $808,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$66,724$66,130$65,550$64,984$64,431$63,891
2 years$33,032$32,416$31,820$31,242$30,681$30,137
3 years$21,802$21,185$20,590$20,017$19,466$18,934
4 years$16,189$15,573$14,984$14,421$13,883$13,368
5 years$12,822$12,209$11,628$11,077$10,554$10,057
6 years$10,577$9,970$9,397$8,858$8,351$7,873
7 years$8,975$8,373$7,809$7,283$6,791$6,333
8 years$7,774$7,177$6,623$6,109$5,634$5,195
9 years$6,840$6,249$5,704$5,204$4,745$4,324
10 years$6,094$5,508$4,973$4,486$4,043$3,641
11 years$5,483$4,903$4,378$3,904$3,477$3,093
12 years$4,975$4,401$3,886$3,424$3,013$2,647
13 years$4,545$3,977$3,472$3,023$2,627$2,279
14 years$4,177$3,615$3,119$2,684$2,303$1,972
15 years$3,858$3,303$2,816$2,393$2,028$1,714
16 years$3,580$3,030$2,553$2,143$1,792$1,494
17 years$3,334$2,791$2,323$1,925$1,589$1,307
18 years$3,116$2,579$2,121$1,735$1,413$1,146
19 years$2,921$2,390$1,942$1,568$1,259$1,007
20 years$2,746$2,221$1,782$1,420$1,125$887
21 years$2,588$2,069$1,639$1,289$1,007$782
22 years$2,444$1,931$1,511$1,172$902$691
23 years$2,313$1,806$1,395$1,067$810$611
24 years$2,193$1,692$1,290$973$728$541
25 years$2,083$1,588$1,195$889$655$479
26 years$1,982$1,492$1,108$813$590$425
27 years$1,888$1,404$1,029$744$532$377
28 years$1,801$1,323$957$682$480$335
29 years$1,720$1,249$890$625$433$298
30 years$1,645$1,179$829$574$392$265
31 years$1,574$1,115$773$527$354$236
32 years$1,509$1,055$721$484$320$210
33 years$1,447$999$673$445$290$187
34 years$1,389$947$629$410$262$166
35 years$1,335$898$588$377$238$148
36 years$1,283$852$550$347$215$132
37 years$1,235$809$515$320$195$118
38 years$1,189$769$482$295$177$105
39 years$1,146$731$452$272$160$93
40 years$1,105$696$424$251$146$83
41 years$1,066$662$397$231$132$74
42 years$1,029$631$373$214$120$66
43 years$994$601$350$197$109$59
44 years$960$573$328$182$99$53
45 years$928$546$308$168$90$47
46 years$898$521$289$155$81$42
47 years$869$497$272$143$74$37
48 years$841$475$255$133$67$33
49 years$814$453$240$123$61$30
50 years$789$433$226$113$55$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $808,000, adding $4,468 every year, while hoping to spend $21,274 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: 53/37/10 Blend
39$808,000$808,000$808,000$808,000
40$895,025$852,201$839,677$939,945
41$963,682$871,323$845,171$990,093
42$1,038,629$890,670$850,135$1,041,943
43$1,120,485$910,229$854,531$1,097,853
44$1,209,932$929,987$858,315$1,158,213
45$1,307,720$949,932$861,444$1,223,450
46$1,414,676$970,046$863,870$1,294,037
47$1,531,708$990,313$865,545$1,370,493
48$1,659,818$1,010,715$866,417$1,453,391
49$1,800,110$1,031,231$866,432$1,543,361
50$1,953,798$1,051,838$865,534$1,641,098
51$2,122,219$1,072,512$863,664$1,747,369
52$2,306,848$1,093,226$860,758$1,863,016
53$2,509,305$1,113,953$856,753$1,988,970
54$2,731,378$1,134,661$851,578$2,126,255
55$2,975,036$1,155,317$845,163$2,276,000
56$3,242,446$1,175,884$837,433$2,439,451
57$3,535,997$1,196,324$828,308$2,617,978
58$3,858,319$1,216,594$817,706$2,813,093
59$4,212,310$1,236,649$805,542$3,026,463
60$4,601,161$1,256,441$791,723$3,259,923
61$5,028,390$1,275,917$776,157$3,515,498
62$5,497,871$1,295,022$758,743$3,795,419
63$6,013,871$1,313,695$739,378$4,102,143
64$6,581,092$1,331,873$717,953$4,438,382
65$7,204,715$1,349,486$694,356$4,807,123
66$7,890,447$1,366,461$668,468$5,211,658
67$8,644,575$1,382,720$640,164$5,655,616
68$9,474,027$1,398,179$609,315$6,142,998
69$10,386,435$1,412,748$575,785$6,678,213
70$11,390,211$1,426,331$539,433$7,266,122
71$12,494,619$1,438,828$500,110$7,912,081
72$13,709,868$1,450,129$457,662$8,621,995
73$15,047,208$1,460,118$411,927$9,402,374
74$16,519,033$1,468,674$362,737$10,260,390
75$18,139,000$1,475,665$309,914$11,203,952
76$19,922,157$1,480,952$253,275$12,241,776
77$21,885,085$1,484,386$192,628$13,383,468
78$24,046,054$1,485,811$127,771$14,639,618
79$26,425,196$1,485,060$58,495$16,021,898
80$29,044,693$1,481,955$0$17,543,172
81$31,928,988$1,476,307$0$19,219,267
82$35,105,017$1,467,918$0$21,070,934
83$38,602,457$1,456,575$0$23,109,176
84$42,454,013$1,442,053$0$25,353,006
85$46,695,722$1,424,113$0$27,823,381
86$51,367,295$1,402,504$0$30,543,395
87$56,512,490$1,376,957$0$33,538,501
88$62,179,524$1,347,188$0$36,836,753
89$68,421,533$1,312,898$0$40,469,067
90$75,297,068$1,273,769$0$44,469,516
91$82,870,648$1,229,462$0$48,875,654
92$91,213,372$1,179,623$0$53,728,868
93$100,403,586$1,123,875$0$59,074,770
94$110,527,624$1,061,818$0$64,963,630
95$121,680,626$993,030$0$71,450,851
96$133,967,427$917,067$0$78,597,491
97$147,503,557$833,455$0$86,470,841
98$162,416,323$741,697$0$95,145,065
99$178,846,014$641,267$0$104,701,894
100$196,947,225$531,606$0$115,231,405