Can I retire at age 40 with 808,000?

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 $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%18.6%
1 years$66,724$66,130$65,550$64,984$64,431$62,194
2 years$33,032$32,416$31,820$31,242$30,681$28,451
3 years$21,802$21,185$20,590$20,017$19,466$17,312
4 years$16,189$15,573$14,984$14,421$13,883$11,822
5 years$12,822$12,209$11,628$11,077$10,554$8,591
6 years$10,577$9,970$9,397$8,858$8,351$6,488
7 years$8,975$8,373$7,809$7,283$6,791$5,028
8 years$7,774$7,177$6,623$6,109$5,634$3,969
9 years$6,840$6,249$5,704$5,204$4,745$3,176
10 years$6,094$5,508$4,973$4,486$4,043$2,567
11 years$5,483$4,903$4,378$3,904$3,477$2,092
12 years$4,975$4,401$3,886$3,424$3,013$1,715
13 years$4,545$3,977$3,472$3,023$2,627$1,413
14 years$4,177$3,615$3,119$2,684$2,303$1,169
15 years$3,858$3,303$2,816$2,393$2,028$970
16 years$3,580$3,030$2,553$2,143$1,792$808
17 years$3,334$2,791$2,323$1,925$1,589$674
18 years$3,116$2,579$2,121$1,735$1,413$563
19 years$2,921$2,390$1,942$1,568$1,259$471
20 years$2,746$2,221$1,782$1,420$1,125$395
21 years$2,588$2,069$1,639$1,289$1,007$331
22 years$2,444$1,931$1,511$1,172$902$278
23 years$2,313$1,806$1,395$1,067$810$233
24 years$2,193$1,692$1,290$973$728$196
25 years$2,083$1,588$1,195$889$655$165
26 years$1,982$1,492$1,108$813$590$139
27 years$1,888$1,404$1,029$744$532$117
28 years$1,801$1,323$957$682$480$98
29 years$1,720$1,249$890$625$433$83
30 years$1,645$1,179$829$574$392$70
31 years$1,574$1,115$773$527$354$59
32 years$1,509$1,055$721$484$320$49
33 years$1,447$999$673$445$290$42
34 years$1,389$947$629$410$262$35
35 years$1,335$898$588$377$238$30
36 years$1,283$852$550$347$215$25
37 years$1,235$809$515$320$195$21
38 years$1,189$769$482$295$177$18
39 years$1,146$731$452$272$160$15
40 years$1,105$696$424$251$146$13
41 years$1,066$662$397$231$132$11
42 years$1,029$631$373$214$120$9
43 years$994$601$350$197$109$8
44 years$960$573$328$182$99$6
45 years$928$546$308$168$90$5
46 years$898$521$289$155$81$5
47 years$869$497$272$143$74$4
48 years$841$475$255$133$67$3
49 years$814$453$240$123$61$3
50 years$789$433$226$113$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $808,000, adding $3,903 every year, while hoping to spend $22,679 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: 77/14/9 Blend
39$808,000$808,000$808,000$808,000
40$894,442$851,618$839,094$961,731
41$961,545$869,217$843,073$1,024,114
42$1,034,732$886,918$846,426$1,089,195
43$1,114,600$904,703$849,107$1,159,897
44$1,201,806$922,550$851,069$1,236,770
45$1,297,073$940,438$852,262$1,320,419
46$1,401,197$958,341$852,635$1,411,513
47$1,515,053$976,234$852,133$1,510,784
48$1,639,607$994,089$850,698$1,619,043
49$1,775,922$1,011,874$848,271$1,737,181
50$1,925,166$1,029,556$844,788$1,866,180
51$2,088,629$1,047,100$840,184$2,007,121
52$2,267,728$1,064,467$834,390$2,161,197
53$2,464,026$1,081,615$827,332$2,329,721
54$2,679,244$1,098,502$818,934$2,514,138
55$2,915,277$1,115,078$809,118$2,716,043
56$3,174,211$1,131,293$797,800$2,937,191
57$3,458,346$1,147,092$784,892$3,179,518
58$3,770,215$1,162,417$770,303$3,445,155
59$4,112,606$1,177,205$753,938$3,736,451
60$4,488,593$1,191,389$735,696$4,055,995
61$4,901,561$1,204,898$715,473$4,406,638
62$5,355,238$1,217,655$693,158$4,791,524
63$5,853,731$1,229,580$668,639$5,214,116
64$6,401,568$1,240,585$641,794$5,678,229
65$7,003,732$1,250,579$612,499$6,188,070
66$7,665,718$1,259,462$580,622$6,748,272
67$8,393,575$1,267,129$546,027$7,363,942
68$9,193,971$1,273,470$508,571$8,040,708
69$10,074,252$1,278,366$468,104$8,784,772
70$11,042,510$1,281,690$424,469$9,602,967
71$12,107,662$1,283,309$377,505$10,502,825
72$13,279,532$1,283,079$327,040$11,492,647
73$14,568,945$1,280,851$272,896$12,581,577
74$15,987,827$1,276,462$214,888$13,779,697
75$17,549,320$1,269,744$152,821$15,098,113
76$19,267,903$1,260,514$86,493$16,549,068
77$21,159,531$1,248,581$15,693$18,146,051
78$23,241,784$1,233,742$0$19,903,930
79$25,534,032$1,215,782$0$21,844,837
80$28,057,620$1,194,471$0$23,983,061
81$30,836,065$1,169,568$0$26,337,014
82$33,895,284$1,140,817$0$28,928,649
83$37,263,832$1,107,947$0$31,782,157
84$40,973,176$1,070,669$0$34,924,196
85$45,057,988$1,028,680$0$38,384,143
86$49,556,477$981,659$0$42,194,371
87$54,510,742$929,265$0$46,390,554
88$59,967,176$871,137$0$51,012,006
89$65,976,901$806,896$0$56,102,049
90$72,596,251$736,140$0$61,708,425
91$79,887,299$658,442$0$67,883,744
92$87,918,451$573,352$0$74,685,985
93$96,765,084$480,397$0$82,179,038
94$106,510,260$379,074$0$90,433,312
95$117,245,511$268,853$0$99,526,397
96$129,071,700$149,175$0$109,543,797
97$142,099,976$19,447$0$120,579,739
98$156,452,819$0$0$132,738,062
99$172,265,200$0$0$146,151,829
100$189,685,851$0$0$160,933,252