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%14.3%
1 years$66,806$66,211$65,631$65,064$64,511$63,364
2 years$33,073$32,457$31,860$31,281$30,719$29,568
3 years$21,829$21,211$20,615$20,042$19,490$18,369
4 years$16,209$15,592$15,003$14,439$13,900$12,820
5 years$12,837$12,224$11,643$11,091$10,567$9,529
6 years$10,591$9,982$9,409$8,869$8,361$7,368
7 years$8,986$8,383$7,819$7,292$6,800$5,851
8 years$7,784$7,186$6,631$6,117$5,641$4,736
9 years$6,849$6,257$5,711$5,210$4,751$3,889
10 years$6,101$5,515$4,979$4,491$4,048$3,229
11 years$5,490$4,910$4,384$3,909$3,481$2,705
12 years$4,981$4,407$3,890$3,429$3,017$2,281
13 years$4,551$3,982$3,476$3,027$2,631$1,935
14 years$4,182$3,620$3,123$2,687$2,306$1,649
15 years$3,863$3,307$2,820$2,396$2,030$1,410
16 years$3,584$3,034$2,556$2,146$1,794$1,210
17 years$3,338$2,794$2,326$1,928$1,591$1,041
18 years$3,120$2,582$2,124$1,737$1,415$898
19 years$2,925$2,393$1,944$1,570$1,261$776
20 years$2,750$2,223$1,784$1,422$1,126$672
21 years$2,591$2,071$1,641$1,290$1,008$582
22 years$2,447$1,933$1,512$1,173$903$506
23 years$2,316$1,808$1,397$1,068$811$439
24 years$2,196$1,694$1,292$975$729$382
25 years$2,086$1,590$1,196$890$656$332
26 years$1,984$1,494$1,109$814$591$289
27 years$1,890$1,406$1,030$745$533$252
28 years$1,803$1,325$958$682$481$220
29 years$1,722$1,250$891$626$434$192
30 years$1,647$1,181$830$574$392$167
31 years$1,576$1,116$774$527$355$146
32 years$1,511$1,056$722$485$321$128
33 years$1,449$1,000$674$446$290$111
34 years$1,391$948$630$410$263$97
35 years$1,336$899$589$378$238$85
36 years$1,285$853$551$348$216$74
37 years$1,236$810$516$320$195$65
38 years$1,191$770$483$295$177$57
39 years$1,147$732$452$272$161$50
40 years$1,106$697$424$251$146$43
41 years$1,067$663$398$232$132$38
42 years$1,030$632$373$214$120$33
43 years$995$602$350$197$109$29
44 years$961$574$329$182$99$25
45 years$929$547$308$168$90$22
46 years$899$522$290$155$81$19
47 years$870$498$272$144$74$17
48 years$842$475$256$133$67$15
49 years$815$454$240$123$61$13
50 years$790$434$226$113$55$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $809,000, adding $3,083 every year, while hoping to spend $35,103 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: 81/10/9 Blend
39$809,000$809,000$809,000$809,000
40$894,698$851,821$839,282$965,759
41$948,608$856,211$830,048$1,017,151
42$1,006,840$859,640$819,329$1,068,600
43$1,069,799$862,022$807,037$1,124,014
44$1,137,927$863,270$793,082$1,183,773
45$1,211,713$863,288$777,368$1,248,293
46$1,291,693$861,975$759,795$1,318,033
47$1,378,458$859,224$740,260$1,393,500
48$1,472,655$854,920$718,654$1,475,250
49$1,574,999$848,944$694,861$1,563,896
50$1,686,274$841,168$668,764$1,660,116
51$1,807,344$831,455$640,238$1,764,654
52$1,939,159$819,662$609,151$1,878,331
53$2,082,764$805,636$575,369$2,002,052
54$2,239,309$789,216$538,747$2,136,813
55$2,410,062$770,230$499,138$2,283,714
56$2,596,415$748,499$456,386$2,443,964
57$2,799,903$723,828$410,329$2,618,899
58$3,022,214$696,017$360,796$2,809,989
59$3,265,207$664,850$307,610$3,018,854
60$3,530,930$630,099$250,586$3,247,280
61$3,821,635$591,524$189,532$3,497,236
62$4,139,805$548,872$124,244$3,770,892
63$4,488,172$501,874$54,513$4,070,639
64$4,869,745$450,244$0$4,399,113
65$5,287,837$393,684$0$4,761,131
66$5,746,097$331,876$0$5,163,694
67$6,248,546$264,485$0$5,605,114
68$6,799,609$191,156$0$6,089,306
69$7,404,163$111,517$0$6,620,581
70$8,067,578$25,171$0$7,203,694
71$8,795,768$0$0$7,843,879
72$9,595,252$0$0$8,554,424
73$10,473,205$0$0$9,337,772
74$11,437,536$0$0$10,198,212
75$12,496,954$0$0$11,143,519
76$13,661,056$0$0$12,182,257
77$14,940,412$0$0$13,323,862
78$16,346,670$0$0$14,578,730
79$17,892,660$0$0$15,958,313
80$19,592,518$0$0$17,475,230
81$21,461,817$0$0$19,143,380
82$23,517,717$0$0$20,978,081
83$25,779,123$0$0$22,996,207
84$28,266,864$0$0$25,216,349
85$31,003,891$0$0$27,658,995
86$34,015,489$0$0$30,346,713
87$37,329,519$0$0$33,304,373
88$40,976,681$0$0$36,559,376
89$44,990,800$0$0$40,141,916
90$49,409,145$0$0$44,085,260
91$54,272,784$0$0$48,426,064
92$59,626,967$0$0$53,204,719
93$65,521,555$0$0$58,465,732
94$72,011,490$0$0$64,258,143
95$79,157,309$0$0$70,635,991
96$87,025,723$0$0$77,658,820
97$95,690,237$0$0$85,392,243
98$105,231,851$0$0$93,908,561
99$115,739,817$0$0$103,287,442
100$127,312,487$0$0$113,616,675