Can I retire at age 40 with 810,000?

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 $810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$66,889$66,293$65,712$65,145$64,591$64,023
2 years$33,113$32,497$31,899$31,319$30,757$30,185
3 years$21,856$21,237$20,641$20,067$19,514$18,955
4 years$16,229$15,611$15,021$14,457$13,917$13,376
5 years$12,853$12,240$11,657$11,104$10,580$10,058
6 years$10,604$9,994$9,421$8,880$8,371$7,869
7 years$8,997$8,393$7,829$7,301$6,808$6,326
8 years$7,793$7,195$6,639$6,125$5,648$5,186
9 years$6,857$6,264$5,718$5,217$4,756$4,315
10 years$6,109$5,522$4,985$4,497$4,053$3,631
11 years$5,497$4,916$4,389$3,914$3,486$3,083
12 years$4,987$4,412$3,895$3,433$3,020$2,637
13 years$4,556$3,987$3,480$3,031$2,634$2,269
14 years$4,187$3,624$3,127$2,690$2,309$1,962
15 years$3,868$3,311$2,823$2,399$2,033$1,704
16 years$3,589$3,038$2,560$2,148$1,797$1,484
17 years$3,342$2,797$2,329$1,930$1,593$1,297
18 years$3,124$2,585$2,126$1,739$1,416$1,137
19 years$2,929$2,396$1,946$1,572$1,263$998
20 years$2,753$2,226$1,786$1,424$1,128$878
21 years$2,594$2,074$1,643$1,292$1,009$774
22 years$2,450$1,936$1,514$1,175$905$683
23 years$2,319$1,810$1,398$1,070$812$604
24 years$2,199$1,696$1,293$976$730$534
25 years$2,088$1,592$1,198$891$657$473
26 years$1,987$1,496$1,111$815$592$419
27 years$1,892$1,408$1,031$746$533$372
28 years$1,805$1,327$959$683$481$330
29 years$1,724$1,252$892$627$435$293
30 years$1,649$1,182$831$575$393$260
31 years$1,578$1,117$775$528$355$231
32 years$1,512$1,057$723$485$321$206
33 years$1,451$1,001$675$446$291$183
34 years$1,393$949$631$411$263$163
35 years$1,338$900$590$378$238$145
36 years$1,286$854$552$348$216$129
37 years$1,238$811$516$321$196$115
38 years$1,192$771$484$296$177$102
39 years$1,149$733$453$273$161$91
40 years$1,107$698$425$251$146$81
41 years$1,068$664$398$232$132$72
42 years$1,031$632$373$214$120$64
43 years$996$603$350$198$109$57
44 years$962$574$329$183$99$51
45 years$930$548$309$169$90$46
46 years$900$523$290$156$82$41
47 years$871$499$273$144$74$36
48 years$843$476$256$133$67$32
49 years$816$455$241$123$61$29
50 years$791$434$226$114$55$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $810,000, adding $2,327 every year, while hoping to spend $40,509 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: 58/35/7 Blend
39$810,000$810,000$810,000$810,000
40$895,020$852,090$839,535$945,454
41$943,211$850,741$824,558$978,255
42$994,960$847,969$807,722$1,009,202
43$1,050,586$843,660$788,922$1,041,924
44$1,110,442$837,695$768,046$1,076,595
45$1,174,913$829,948$744,982$1,113,407
46$1,244,423$820,285$719,608$1,152,572
47$1,319,438$808,562$691,798$1,194,327
48$1,400,469$794,630$661,421$1,238,934
49$1,488,078$778,328$628,340$1,286,685
50$1,582,883$759,487$592,411$1,337,901
51$1,685,563$737,928$553,483$1,392,940
52$1,796,866$713,462$511,400$1,452,198
53$1,917,611$685,887$465,997$1,516,115
54$2,048,703$654,991$417,103$1,585,178
55$2,191,134$620,549$364,540$1,659,926
56$2,345,998$582,324$308,120$1,740,957
57$2,514,495$540,063$247,648$1,828,934
58$2,697,950$493,502$182,920$1,924,588
59$2,897,816$442,359$113,723$2,028,732
60$3,115,696$386,338$39,835$2,142,265
61$3,353,352$325,124$0$2,266,182
62$3,612,725$258,386$0$2,404,497
63$3,895,950$185,773$0$2,558,880
64$4,205,377$106,917$0$2,727,718
65$4,543,596$21,425$0$2,912,523
66$4,913,454$0$0$3,114,965
67$5,318,090$0$0$3,364,277
68$5,760,959$0$0$3,646,243
69$6,245,863$0$0$3,955,042
70$6,776,991$0$0$4,293,351
71$7,358,958$0$0$4,664,117
72$7,996,842$0$0$5,070,585
73$8,696,240$0$0$5,516,330
74$9,463,314$0$0$6,005,291
75$10,304,851$0$0$6,541,805
76$11,228,327$0$0$7,130,648
77$12,241,978$0$0$7,777,082
78$13,354,875$0$0$8,486,905
79$14,577,010$0$0$9,266,502
80$15,919,391$0$0$10,122,906
81$17,394,144$0$0$11,063,867
82$19,014,627$0$0$12,097,921
83$20,795,558$0$0$13,234,473
84$22,753,148$0$0$14,483,885
85$24,905,261$0$0$15,857,570
86$27,271,575$0$0$17,368,106
87$29,873,772$0$0$19,029,348
88$32,735,738$0$0$20,856,562
89$35,883,792$0$0$22,866,567
90$39,346,932$0$0$25,077,897
91$43,157,105$0$0$27,510,968
92$47,349,516$0$0$30,188,279
93$51,962,949$0$0$33,134,619
94$57,040,142$0$0$36,377,300
95$62,628,184$0$0$39,946,417
96$68,778,958$0$0$43,875,132
97$75,549,637$0$0$48,199,981
98$83,003,215$0$0$52,961,228
99$91,209,104$0$0$58,203,234
100$100,243,790$0$0$63,974,884