Can I retire at age 40 with 810,000?

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 $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%18%
1 years$66,889$66,293$65,712$65,145$64,591$62,498
2 years$33,113$32,497$31,899$31,319$30,757$28,669
3 years$21,856$21,237$20,641$20,067$19,514$17,495
4 years$16,229$15,611$15,021$14,457$13,917$11,983
5 years$12,853$12,240$11,657$11,104$10,580$8,736
6 years$10,604$9,994$9,421$8,880$8,371$6,619
7 years$8,997$8,393$7,829$7,301$6,808$5,147
8 years$7,793$7,195$6,639$6,125$5,648$4,078
9 years$6,857$6,264$5,718$5,217$4,756$3,275
10 years$6,109$5,522$4,985$4,497$4,053$2,657
11 years$5,497$4,916$4,389$3,914$3,486$2,173
12 years$4,987$4,412$3,895$3,433$3,020$1,789
13 years$4,556$3,987$3,480$3,031$2,634$1,480
14 years$4,187$3,624$3,127$2,690$2,309$1,230
15 years$3,868$3,311$2,823$2,399$2,033$1,025
16 years$3,589$3,038$2,560$2,148$1,797$857
17 years$3,342$2,797$2,329$1,930$1,593$718
18 years$3,124$2,585$2,126$1,739$1,416$602
19 years$2,929$2,396$1,946$1,572$1,263$506
20 years$2,753$2,226$1,786$1,424$1,128$426
21 years$2,594$2,074$1,643$1,292$1,009$359
22 years$2,450$1,936$1,514$1,175$905$303
23 years$2,319$1,810$1,398$1,070$812$256
24 years$2,199$1,696$1,293$976$730$216
25 years$2,088$1,592$1,198$891$657$182
26 years$1,987$1,496$1,111$815$592$154
27 years$1,892$1,408$1,031$746$533$130
28 years$1,805$1,327$959$683$481$110
29 years$1,724$1,252$892$627$435$93
30 years$1,649$1,182$831$575$393$79
31 years$1,578$1,117$775$528$355$67
32 years$1,512$1,057$723$485$321$57
33 years$1,451$1,001$675$446$291$48
34 years$1,393$949$631$411$263$41
35 years$1,338$900$590$378$238$34
36 years$1,286$854$552$348$216$29
37 years$1,238$811$516$321$196$25
38 years$1,192$771$484$296$177$21
39 years$1,149$733$453$273$161$18
40 years$1,107$698$425$251$146$15
41 years$1,068$664$398$232$132$13
42 years$1,031$632$373$214$120$11
43 years$996$603$350$198$109$9
44 years$962$574$329$183$99$8
45 years$930$548$309$169$90$7
46 years$900$523$290$156$82$6
47 years$871$499$273$144$74$5
48 years$843$476$256$133$67$4
49 years$816$455$241$123$61$3
50 years$791$434$226$114$55$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $810,000, adding $2,130 every year, while hoping to spend $36,459 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$894,817$851,887$839,332$945,250
41$947,296$854,837$828,658$982,328
42$1,003,907$856,710$816,404$1,018,408
43$1,065,031$857,415$802,479$1,056,827
44$1,131,089$856,853$786,787$1,097,809
45$1,202,544$854,924$769,229$1,141,607
46$1,279,905$851,516$749,699$1,188,498
47$1,363,729$846,514$728,088$1,238,787
48$1,454,632$839,795$704,281$1,292,815
49$1,553,288$831,229$678,158$1,350,957
50$1,660,441$820,677$649,594$1,413,628
51$1,776,909$807,993$618,458$1,481,286
52$1,903,589$793,021$584,613$1,554,441
53$2,041,473$775,596$547,914$1,633,654
54$2,191,648$755,545$508,214$1,719,545
55$2,355,311$732,682$465,355$1,812,802
56$2,533,783$706,813$419,174$1,914,183
57$2,728,512$677,731$369,500$2,024,528
58$2,941,097$645,216$316,155$2,144,764
59$3,173,295$609,038$258,952$2,275,918
60$3,427,042$568,952$197,698$2,419,122
61$3,704,468$524,698$132,189$2,575,628
62$4,007,920$476,004$62,213$2,746,820
63$4,339,980$422,581$0$2,934,228
64$4,703,492$364,122$0$3,140,471
65$5,101,590$300,305$0$3,371,504
66$5,537,720$230,788$0$3,624,755
67$6,015,683$155,212$0$3,902,518
68$6,539,661$73,196$0$4,207,329
69$7,114,262$0$0$4,541,985
70$7,744,560$0$0$4,915,604
71$8,436,145$0$0$5,356,554
72$9,195,173$0$0$5,840,576
73$10,028,426$0$0$6,372,005
74$10,943,374$0$0$6,955,614
75$11,948,246$0$0$7,596,661
76$13,052,108$0$0$8,300,940
77$14,264,946$0$0$9,074,831
78$15,597,761$0$0$9,925,367
79$17,062,673$0$0$10,860,291
80$18,673,036$0$0$11,888,138
81$20,443,560$0$0$13,018,308
82$22,390,452$0$0$14,261,159
83$24,531,569$0$0$15,628,103
84$26,886,585$0$0$17,131,713
85$29,477,176$0$0$18,785,841
86$32,327,223$0$0$20,605,752
87$35,463,042$0$0$22,608,262
88$38,913,626$0$0$24,811,900
89$42,710,919$0$0$27,237,084
90$46,890,122$0$0$29,906,310
91$51,490,018$0$0$32,844,364
92$56,553,343$0$0$36,078,559
93$62,127,184$0$0$39,638,991
94$68,263,426$0$0$43,558,820
95$75,019,243$0$0$47,874,586
96$82,457,630$0$0$52,626,552
97$90,648,005$0$0$57,859,085
98$99,666,860$0$0$63,621,072
99$109,598,479$0$0$69,966,382
100$120,535,739$0$0$76,954,378