Can I retire at age 40 with 809,000?

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 $809,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$66,806$66,211$65,631$65,064$64,511$63,784
2 years$33,073$32,457$31,860$31,281$30,719$29,988
3 years$21,829$21,211$20,615$20,042$19,490$18,776
4 years$16,209$15,592$15,003$14,439$13,900$13,210
5 years$12,837$12,224$11,643$11,091$10,567$9,902
6 years$10,591$9,982$9,409$8,869$8,361$7,722
7 years$8,986$8,383$7,819$7,292$6,800$6,187
8 years$7,784$7,186$6,631$6,117$5,641$5,055
9 years$6,849$6,257$5,711$5,210$4,751$4,191
10 years$6,101$5,515$4,979$4,491$4,048$3,514
11 years$5,490$4,910$4,384$3,909$3,481$2,972
12 years$4,981$4,407$3,890$3,429$3,017$2,533
13 years$4,551$3,982$3,476$3,027$2,631$2,171
14 years$4,182$3,620$3,123$2,687$2,306$1,870
15 years$3,863$3,307$2,820$2,396$2,030$1,617
16 years$3,584$3,034$2,556$2,146$1,794$1,403
17 years$3,338$2,794$2,326$1,928$1,591$1,221
18 years$3,120$2,582$2,124$1,737$1,415$1,065
19 years$2,925$2,393$1,944$1,570$1,261$932
20 years$2,750$2,223$1,784$1,422$1,126$816
21 years$2,591$2,071$1,641$1,290$1,008$716
22 years$2,447$1,933$1,512$1,173$903$629
23 years$2,316$1,808$1,397$1,068$811$553
24 years$2,196$1,694$1,292$975$729$487
25 years$2,086$1,590$1,196$890$656$429
26 years$1,984$1,494$1,109$814$591$379
27 years$1,890$1,406$1,030$745$533$334
28 years$1,803$1,325$958$682$481$295
29 years$1,722$1,250$891$626$434$261
30 years$1,647$1,181$830$574$392$231
31 years$1,576$1,116$774$527$355$204
32 years$1,511$1,056$722$485$321$181
33 years$1,449$1,000$674$446$290$160
34 years$1,391$948$630$410$263$141
35 years$1,336$899$589$378$238$125
36 years$1,285$853$551$348$216$111
37 years$1,236$810$516$320$195$98
38 years$1,191$770$483$295$177$87
39 years$1,147$732$452$272$161$77
40 years$1,106$697$424$251$146$68
41 years$1,067$663$398$232$132$61
42 years$1,030$632$373$214$120$54
43 years$995$602$350$197$109$48
44 years$961$574$329$182$99$42
45 years$929$547$308$168$90$37
46 years$899$522$290$155$81$33
47 years$870$498$272$144$74$29
48 years$842$475$256$133$67$26
49 years$815$454$240$123$61$23
50 years$790$434$226$113$55$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $809,000, adding $6,364 every year, while hoping to spend $35,686 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: 70/23/7 Blend
39$809,000$809,000$809,000$809,000
40$898,082$855,205$842,666$959,521
41$951,717$859,141$832,926$1,004,926
42$1,009,627$862,073$821,663$1,049,591
43$1,072,209$863,915$808,789$1,097,486
44$1,139,903$864,575$794,212$1,148,917
45$1,213,188$863,955$777,833$1,204,226
46$1,292,595$861,950$759,552$1,263,789
47$1,378,704$858,450$739,262$1,328,021
48$1,472,156$853,338$716,851$1,397,377
49$1,573,654$846,490$692,203$1,472,363
50$1,683,971$837,773$665,197$1,553,536
51$1,803,960$827,048$635,705$1,641,509
52$1,934,557$814,166$603,595$1,736,959
53$2,076,793$798,971$568,726$1,840,634
54$2,231,801$781,296$530,953$1,953,358
55$2,400,831$760,965$490,126$2,076,040
56$2,585,254$737,791$446,084$2,209,684
57$2,786,585$711,578$398,663$2,355,397
58$3,006,487$682,115$347,688$2,514,400
59$3,246,792$649,182$292,979$2,688,040
60$3,509,518$612,545$234,347$2,877,804
61$3,796,886$571,958$171,595$3,085,330
62$4,111,342$527,157$104,517$3,312,429
63$4,455,578$477,867$32,898$3,561,094
64$4,832,560$423,795$0$3,833,527
65$5,245,553$364,634$0$4,135,408
66$5,698,154$300,055$0$4,468,995
67$6,194,323$229,715$0$4,834,802
68$6,738,423$153,250$0$5,236,106
69$7,335,258$70,274$0$5,676,519
70$7,990,119$0$0$6,160,027
71$8,708,836$0$0$6,695,988
72$9,497,830$0$0$7,303,924
73$10,364,173$0$0$7,971,506
74$11,315,656$0$0$8,704,742
75$12,360,862$0$0$9,510,253
76$13,509,246$0$0$10,395,332
77$14,771,223$0$0$11,368,012
78$16,158,269$0$0$12,437,144
79$17,683,027$0$0$13,612,481
80$19,359,422$0$0$14,904,764
81$21,202,801$0$0$16,325,830
82$23,230,069$0$0$17,888,719
83$25,459,853$0$0$19,607,799
84$27,912,675$0$0$21,498,900
85$30,611,146$0$0$23,579,463
86$33,580,180$0$0$25,868,706
87$36,847,226$0$0$28,387,801
88$40,442,529$0$0$31,160,079
89$44,399,415$0$0$34,211,247
90$48,754,604$0$0$37,569,628
91$53,548,555$0$0$41,266,432
92$58,825,850$0$0$45,336,048
93$64,635,613$0$0$49,816,369
94$71,031,971$0$0$54,749,148
95$78,074,569$0$0$60,180,393
96$85,829,127$0$0$66,160,801
97$94,368,066$0$0$72,746,233
98$103,771,185$0$0$79,998,246
99$114,126,415$0$0$87,984,668
100$125,530,651$0$0$96,780,244