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%16.4%
1 years$66,806$66,211$65,631$65,064$64,511$62,824
2 years$33,073$32,457$31,860$31,281$30,719$29,031
3 years$21,829$21,211$20,615$20,042$19,490$17,853
4 years$16,209$15,592$15,003$14,439$13,900$12,328
5 years$12,837$12,224$11,643$11,091$10,567$9,063
6 years$10,591$9,982$9,409$8,869$8,361$6,928
7 years$8,986$8,383$7,819$7,292$6,800$5,437
8 years$7,784$7,186$6,631$6,117$5,641$4,347
9 years$6,849$6,257$5,711$5,210$4,751$3,525
10 years$6,101$5,515$4,979$4,491$4,048$2,889
11 years$5,490$4,910$4,384$3,909$3,481$2,388
12 years$4,981$4,407$3,890$3,429$3,017$1,987
13 years$4,551$3,982$3,476$3,027$2,631$1,662
14 years$4,182$3,620$3,123$2,687$2,306$1,396
15 years$3,863$3,307$2,820$2,396$2,030$1,177
16 years$3,584$3,034$2,556$2,146$1,794$995
17 years$3,338$2,794$2,326$1,928$1,591$843
18 years$3,120$2,582$2,124$1,737$1,415$716
19 years$2,925$2,393$1,944$1,570$1,261$609
20 years$2,750$2,223$1,784$1,422$1,126$519
21 years$2,591$2,071$1,641$1,290$1,008$443
22 years$2,447$1,933$1,512$1,173$903$378
23 years$2,316$1,808$1,397$1,068$811$323
24 years$2,196$1,694$1,292$975$729$276
25 years$2,086$1,590$1,196$890$656$237
26 years$1,984$1,494$1,109$814$591$203
27 years$1,890$1,406$1,030$745$533$174
28 years$1,803$1,325$958$682$481$149
29 years$1,722$1,250$891$626$434$128
30 years$1,647$1,181$830$574$392$109
31 years$1,576$1,116$774$527$355$94
32 years$1,511$1,056$722$485$321$81
33 years$1,449$1,000$674$446$290$69
34 years$1,391$948$630$410$263$59
35 years$1,336$899$589$378$238$51
36 years$1,285$853$551$348$216$44
37 years$1,236$810$516$320$195$38
38 years$1,191$770$483$295$177$32
39 years$1,147$732$452$272$161$28
40 years$1,106$697$424$251$146$24
41 years$1,067$663$398$232$132$20
42 years$1,030$632$373$214$120$18
43 years$995$602$350$197$109$15
44 years$961$574$329$182$99$13
45 years$929$547$308$168$90$11
46 years$899$522$290$155$81$10
47 years$870$498$272$144$74$8
48 years$842$475$256$133$67$7
49 years$815$454$240$123$61$6
50 years$790$434$226$113$55$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $809,000, adding $4,834 every year, while hoping to spend $25,793 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: 59/18/23 Blend
39$809,000$809,000$809,000$809,000
40$896,504$853,627$841,088$943,619
41$960,504$868,011$841,821$990,609
42$1,030,168$882,236$841,714$1,038,629
43$1,106,045$896,266$840,711$1,090,442
44$1,188,742$910,063$838,756$1,146,421
45$1,278,925$923,588$835,786$1,206,977
46$1,377,329$936,797$831,738$1,272,564
47$1,484,760$949,644$826,544$1,343,682
48$1,602,108$962,079$820,136$1,420,884
49$1,730,351$974,049$812,439$1,504,778
50$1,870,567$985,497$803,376$1,596,036
51$2,023,943$996,364$792,866$1,695,399
52$2,191,783$1,006,585$780,826$1,803,684
53$2,375,528$1,016,090$767,166$1,921,792
54$2,576,760$1,024,807$751,795$2,050,718
55$2,797,225$1,032,657$734,615$2,191,557
56$3,038,842$1,039,558$715,525$2,345,519
57$3,303,728$1,045,420$694,419$2,513,938
58$3,594,212$1,050,149$671,185$2,698,284
59$3,912,860$1,053,646$645,709$2,900,180
60$4,262,500$1,055,803$617,869$3,121,415
61$4,646,246$1,056,507$587,538$3,363,961
62$5,067,525$1,055,639$554,583$3,629,994
63$5,530,117$1,053,070$518,866$3,921,914
64$6,038,184$1,048,664$480,242$4,242,367
65$6,596,308$1,042,279$438,560$4,594,270
66$7,209,542$1,033,761$393,662$4,980,841
67$7,883,449$1,022,948$345,383$5,405,628
68$8,624,158$1,009,670$293,551$5,872,542
69$9,438,421$993,744$237,985$6,385,898
70$10,333,680$974,977$178,497$6,950,451
71$11,318,130$953,165$114,891$7,571,446
72$12,400,802$928,093$46,963$8,254,665
73$13,591,646$899,532$0$9,006,483
74$14,901,623$867,238$0$9,840,194
75$16,342,813$830,957$0$10,769,989
76$17,928,522$790,416$0$11,792,931
77$19,673,415$745,330$0$12,918,499
78$21,593,646$695,394$0$14,157,141
79$23,707,017$640,287$0$15,520,369
80$26,033,142$579,671$0$17,020,872
81$28,593,635$513,187$0$18,672,633
82$31,412,310$440,457$0$20,491,064
83$34,515,405$361,080$0$22,493,151
84$37,931,837$274,633$0$24,697,611
85$41,693,464$180,669$0$27,125,076
86$45,835,393$78,718$0$29,798,280
87$50,396,309$0$0$32,742,281
88$55,418,838$0$0$35,990,978
89$60,949,951$0$0$39,585,898
90$67,041,406$0$0$43,545,101
91$73,750,240$0$0$47,905,667
92$81,139,298$0$0$52,708,460
93$89,277,836$0$0$57,998,503
94$98,242,168$0$0$63,825,416
95$108,116,389$0$0$70,243,872
96$118,993,167$0$0$77,314,121
97$130,974,616$0$0$85,102,555
98$144,173,263$0$0$93,682,334
99$158,713,109$0$0$103,134,080
100$174,730,795$0$0$113,546,632