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%18.2%
1 years$66,806$66,211$65,631$65,064$64,511$62,371
2 years$33,073$32,457$31,860$31,281$30,719$28,584
3 years$21,829$21,211$20,615$20,042$19,490$17,426
4 years$16,209$15,592$15,003$14,439$13,900$11,924
5 years$12,837$12,224$11,643$11,091$10,567$8,684
6 years$10,591$9,982$9,409$8,869$8,361$6,572
7 years$8,986$8,383$7,819$7,292$6,800$5,105
8 years$7,784$7,186$6,631$6,117$5,641$4,039
9 years$6,849$6,257$5,711$5,210$4,751$3,240
10 years$6,101$5,515$4,979$4,491$4,048$2,626
11 years$5,490$4,910$4,384$3,909$3,481$2,145
12 years$4,981$4,407$3,890$3,429$3,017$1,763
13 years$4,551$3,982$3,476$3,027$2,631$1,457
14 years$4,182$3,620$3,123$2,687$2,306$1,209
15 years$3,863$3,307$2,820$2,396$2,030$1,006
16 years$3,584$3,034$2,556$2,146$1,794$840
17 years$3,338$2,794$2,326$1,928$1,591$702
18 years$3,120$2,582$2,124$1,737$1,415$589
19 years$2,925$2,393$1,944$1,570$1,261$494
20 years$2,750$2,223$1,784$1,422$1,126$415
21 years$2,591$2,071$1,641$1,290$1,008$349
22 years$2,447$1,933$1,512$1,173$903$294
23 years$2,316$1,808$1,397$1,068$811$248
24 years$2,196$1,694$1,292$975$729$209
25 years$2,086$1,590$1,196$890$656$176
26 years$1,984$1,494$1,109$814$591$149
27 years$1,890$1,406$1,030$745$533$126
28 years$1,803$1,325$958$682$481$106
29 years$1,722$1,250$891$626$434$90
30 years$1,647$1,181$830$574$392$76
31 years$1,576$1,116$774$527$355$64
32 years$1,511$1,056$722$485$321$54
33 years$1,449$1,000$674$446$290$46
34 years$1,391$948$630$410$263$39
35 years$1,336$899$589$378$238$33
36 years$1,285$853$551$348$216$28
37 years$1,236$810$516$320$195$23
38 years$1,191$770$483$295$177$20
39 years$1,147$732$452$272$161$17
40 years$1,106$697$424$251$146$14
41 years$1,067$663$398$232$132$12
42 years$1,030$632$373$214$120$10
43 years$995$602$350$197$109$9
44 years$961$574$329$182$99$7
45 years$929$547$308$168$90$6
46 years$899$522$290$155$81$5
47 years$870$498$272$144$74$4
48 years$842$475$256$133$67$4
49 years$815$454$240$123$61$3
50 years$790$434$226$113$55$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $809,000, adding $5,392 every year, while hoping to spend $25,549 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: 65/27/8 Blend
39$809,000$809,000$809,000$809,000
40$897,080$854,203$841,663$953,646
41$961,398$868,875$842,675$1,006,648
42$1,031,420$883,409$842,865$1,061,008
43$1,107,702$897,773$842,177$1,119,732
44$1,190,853$911,929$840,555$1,183,243
45$1,281,545$925,839$837,940$1,252,007
46$1,380,519$939,462$834,267$1,326,537
47$1,488,589$952,752$829,471$1,407,396
48$1,606,649$965,662$823,483$1,495,210
49$1,735,689$978,140$816,231$1,590,662
50$1,876,792$990,132$807,638$1,694,511
51$2,031,157$1,001,580$797,625$1,807,590
52$2,200,099$1,012,422$786,110$1,930,818
53$2,385,068$1,022,590$773,004$2,065,207
54$2,587,662$1,032,014$758,217$2,211,873
55$2,809,639$1,040,618$741,652$2,372,048
56$3,052,936$1,048,322$723,211$2,547,088
57$3,319,686$1,055,040$702,789$2,738,487
58$3,612,237$1,060,680$680,276$2,947,894
59$3,933,178$1,065,146$655,558$3,177,124
60$4,285,359$1,068,335$628,516$3,428,181
61$4,671,918$1,070,136$599,024$3,703,273
62$5,096,315$1,070,434$566,952$4,004,831
63$5,562,357$1,069,103$532,163$4,335,539
64$6,074,241$1,066,013$494,515$4,698,353
65$6,636,591$1,061,024$453,857$5,096,533
66$7,254,497$1,053,989$410,036$5,533,672
67$7,933,570$1,044,749$362,886$6,013,729
68$8,679,991$1,033,138$312,240$6,541,072
69$9,500,569$1,018,980$257,919$7,120,514
70$10,402,805$1,002,088$199,737$7,757,358
71$11,394,964$982,264$137,501$8,457,454
72$12,486,152$959,296$71,009$9,227,248
73$13,686,402$932,964$50$10,073,846
74$15,006,767$903,032$0$11,005,081
75$16,459,426$869,249$0$12,036,048
76$18,057,799$831,354$0$13,170,228
77$19,816,670$789,066$0$14,418,129
78$21,752,331$742,091$0$15,791,337
79$23,882,731$690,116$0$17,302,621
80$26,227,650$632,812$0$18,966,054
81$28,808,881$569,830$0$20,797,150
82$31,650,436$500,801$0$22,813,003
83$34,778,776$425,335$0$25,032,458
84$38,223,056$343,022$0$27,476,281
85$42,015,404$253,426$0$30,167,361
86$46,191,219$156,088$0$33,130,927
87$50,789,510$50,523$0$36,394,782
88$55,853,261$0$0$39,989,571
89$61,429,835$0$0$43,968,017
90$67,571,426$0$0$48,366,162
91$74,335,545$0$0$53,210,190
92$81,785,567$0$0$58,545,496
93$89,991,327$0$0$64,422,100
94$99,029,779$0$0$70,895,124
95$108,985,722$0$0$78,025,309
96$119,952,600$0$0$85,879,588
97$132,033,386$0$0$94,531,717
98$145,341,549$0$0$104,062,975
99$160,002,129$0$0$114,562,925
100$176,152,913$0$0$126,130,264