Can I retire at age 40 with 809,000?

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 $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%15.1%
1 years$66,806$66,211$65,631$65,064$64,511$63,157
2 years$33,073$32,457$31,860$31,281$30,719$29,362
3 years$21,829$21,211$20,615$20,042$19,490$18,170
4 years$16,209$15,592$15,003$14,439$13,900$12,630
5 years$12,837$12,224$11,643$11,091$10,567$9,349
6 years$10,591$9,982$9,409$8,869$8,361$7,197
7 years$8,986$8,383$7,819$7,292$6,800$5,689
8 years$7,784$7,186$6,631$6,117$5,641$4,584
9 years$6,849$6,257$5,711$5,210$4,751$3,746
10 years$6,101$5,515$4,979$4,491$4,048$3,095
11 years$5,490$4,910$4,384$3,909$3,481$2,580
12 years$4,981$4,407$3,890$3,429$3,017$2,164
13 years$4,551$3,982$3,476$3,027$2,631$1,826
14 years$4,182$3,620$3,123$2,687$2,306$1,548
15 years$3,863$3,307$2,820$2,396$2,030$1,317
16 years$3,584$3,034$2,556$2,146$1,794$1,123
17 years$3,338$2,794$2,326$1,928$1,591$961
18 years$3,120$2,582$2,124$1,737$1,415$824
19 years$2,925$2,393$1,944$1,570$1,261$708
20 years$2,750$2,223$1,784$1,422$1,126$609
21 years$2,591$2,071$1,641$1,290$1,008$525
22 years$2,447$1,933$1,512$1,173$903$453
23 years$2,316$1,808$1,397$1,068$811$391
24 years$2,196$1,694$1,292$975$729$338
25 years$2,086$1,590$1,196$890$656$292
26 years$1,984$1,494$1,109$814$591$253
27 years$1,890$1,406$1,030$745$533$219
28 years$1,803$1,325$958$682$481$190
29 years$1,722$1,250$891$626$434$164
30 years$1,647$1,181$830$574$392$142
31 years$1,576$1,116$774$527$355$123
32 years$1,511$1,056$722$485$321$107
33 years$1,449$1,000$674$446$290$93
34 years$1,391$948$630$410$263$81
35 years$1,336$899$589$378$238$70
36 years$1,285$853$551$348$216$61
37 years$1,236$810$516$320$195$53
38 years$1,191$770$483$295$177$46
39 years$1,147$732$452$272$161$40
40 years$1,106$697$424$251$146$35
41 years$1,067$663$398$232$132$30
42 years$1,030$632$373$214$120$26
43 years$995$602$350$197$109$23
44 years$961$574$329$182$99$20
45 years$929$547$308$168$90$17
46 years$899$522$290$155$81$15
47 years$870$498$272$144$74$13
48 years$842$475$256$133$67$11
49 years$815$454$240$123$61$10
50 years$790$434$226$113$55$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $809,000, adding $2,215 every year, while hoping to spend $38,406 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: 69/25/6 Blend
39$809,000$809,000$809,000$809,000
40$893,803$850,926$838,386$954,580
41$944,107$851,757$825,609$995,908
42$998,255$851,343$811,116$1,036,183
43$1,056,598$849,580$794,809$1,079,185
44$1,119,523$846,361$776,587$1,125,173
45$1,187,454$841,572$756,342$1,174,434
46$1,260,856$835,091$733,961$1,227,284
47$1,340,242$826,789$709,328$1,284,070
48$1,426,175$816,530$682,318$1,345,177
49$1,519,273$804,169$652,805$1,411,031
50$1,620,218$789,552$620,653$1,482,101
51$1,729,758$772,518$585,723$1,558,903
52$1,848,716$752,893$547,867$1,642,011
53$1,977,997$730,497$506,932$1,732,055
54$2,118,597$705,136$462,758$1,829,732
55$2,271,611$676,605$415,179$1,935,812
56$2,438,246$644,689$364,018$2,051,144
57$2,619,829$609,160$309,093$2,176,665
58$2,817,818$569,776$250,215$2,313,412
59$3,033,821$526,281$187,183$2,462,526
60$3,269,607$478,405$119,790$2,625,269
61$3,527,123$425,863$47,819$2,803,033
62$3,808,513$368,352$0$2,997,355
63$4,116,134$305,555$0$3,211,788
64$4,452,587$237,135$0$3,449,734
65$4,820,731$162,734$0$3,710,211
66$5,223,716$81,979$0$3,995,516
67$5,665,011$0$0$4,308,182
68$6,148,434$0$0$4,652,524
69$6,678,193$0$0$5,054,630
70$7,258,920$0$0$5,495,468
71$7,895,716$0$0$5,978,917
72$8,594,203$0$0$6,509,250
73$9,360,568$0$0$7,091,172
74$10,201,629$0$0$7,729,866
75$11,124,897$0$0$8,431,043
76$12,138,644$0$0$9,200,990
77$13,251,981$0$0$10,046,636
78$14,474,947$0$0$10,975,613
79$15,818,601$0$0$11,996,329
80$17,295,125$0$0$13,118,045
81$18,917,939$0$0$14,350,967
82$20,701,830$0$0$15,706,335
83$22,663,086$0$0$17,196,536
84$24,819,656$0$0$18,835,213
85$27,191,311$0$0$20,637,402
86$29,799,836$0$0$22,619,665
87$32,669,234$0$0$24,800,253
88$35,825,950$0$0$27,199,271
89$39,299,121$0$0$29,838,876
90$43,120,852$0$0$32,743,477
91$47,326,515$0$0$35,939,970
92$51,955,087$0$0$39,457,989
93$57,049,514$0$0$43,330,189
94$62,657,115$0$0$47,592,549
95$68,830,030$0$0$52,284,715
96$75,625,712$0$0$57,450,369
97$83,107,468$0$0$63,137,648
98$91,345,051$0$0$69,399,591
99$100,415,329$0$0$76,294,641
100$110,402,996$0$0$83,887,200