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%11.5%
1 years$66,889$66,293$65,712$65,145$64,591$64,183
2 years$33,113$32,497$31,899$31,319$30,757$30,347
3 years$21,856$21,237$20,641$20,067$19,514$19,112
4 years$16,229$15,611$15,021$14,457$13,917$13,528
5 years$12,853$12,240$11,657$11,104$10,580$10,204
6 years$10,604$9,994$9,421$8,880$8,371$8,010
7 years$8,997$8,393$7,829$7,301$6,808$6,460
8 years$7,793$7,195$6,639$6,125$5,648$5,314
9 years$6,857$6,264$5,718$5,217$4,756$4,437
10 years$6,109$5,522$4,985$4,497$4,053$3,747
11 years$5,497$4,916$4,389$3,914$3,486$3,193
12 years$4,987$4,412$3,895$3,433$3,020$2,742
13 years$4,556$3,987$3,480$3,031$2,634$2,368
14 years$4,187$3,624$3,127$2,690$2,309$2,056
15 years$3,868$3,311$2,823$2,399$2,033$1,792
16 years$3,589$3,038$2,560$2,148$1,797$1,568
17 years$3,342$2,797$2,329$1,930$1,593$1,376
18 years$3,124$2,585$2,126$1,739$1,416$1,211
19 years$2,929$2,396$1,946$1,572$1,263$1,068
20 years$2,753$2,226$1,786$1,424$1,128$944
21 years$2,594$2,074$1,643$1,292$1,009$835
22 years$2,450$1,936$1,514$1,175$905$741
23 years$2,319$1,810$1,398$1,070$812$657
24 years$2,199$1,696$1,293$976$730$584
25 years$2,088$1,592$1,198$891$657$520
26 years$1,987$1,496$1,111$815$592$463
27 years$1,892$1,408$1,031$746$533$412
28 years$1,805$1,327$959$683$481$368
29 years$1,724$1,252$892$627$435$328
30 years$1,649$1,182$831$575$393$293
31 years$1,578$1,117$775$528$355$262
32 years$1,512$1,057$723$485$321$234
33 years$1,451$1,001$675$446$291$209
34 years$1,393$949$631$411$263$187
35 years$1,338$900$590$378$238$167
36 years$1,286$854$552$348$216$150
37 years$1,238$811$516$321$196$134
38 years$1,192$771$484$296$177$120
39 years$1,149$733$453$273$161$107
40 years$1,107$698$425$251$146$96
41 years$1,068$664$398$232$132$86
42 years$1,031$632$373$214$120$77
43 years$996$603$350$198$109$69
44 years$962$574$329$183$99$62
45 years$930$548$309$169$90$55
46 years$900$523$290$156$82$50
47 years$871$499$273$144$74$45
48 years$843$476$256$133$67$40
49 years$816$455$241$123$61$36
50 years$791$434$226$114$55$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $810,000, adding $4,009 every year, while hoping to spend $22,082 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: 30/45/25 Blend
39$810,000$810,000$810,000$810,000
40$896,755$853,825$841,270$916,626
41$964,729$872,168$845,958$950,654
42$1,038,896$890,669$850,062$985,013
43$1,119,865$909,313$853,541$1,021,528
44$1,208,306$928,083$856,348$1,060,400
45$1,304,954$946,961$858,438$1,101,853
46$1,410,624$965,926$859,759$1,146,132
47$1,526,207$984,956$860,261$1,193,509
48$1,652,688$1,004,027$859,888$1,244,284
49$1,791,151$1,023,113$858,582$1,298,789
50$1,942,788$1,042,185$856,285$1,357,388
51$2,108,915$1,061,214$852,932$1,420,485
52$2,290,976$1,080,166$848,458$1,488,526
53$2,490,567$1,099,006$842,793$1,562,004
54$2,709,443$1,117,695$835,864$1,641,462
55$2,949,536$1,136,192$827,596$1,727,500
56$3,212,977$1,154,453$817,908$1,820,780
57$3,502,109$1,172,430$806,717$1,922,034
58$3,819,518$1,190,073$793,935$2,032,069
59$4,168,049$1,207,326$779,472$2,151,777
60$4,550,836$1,224,131$763,230$2,282,142
61$4,971,333$1,240,426$745,111$2,424,250
62$5,433,345$1,256,143$725,008$2,579,300
63$5,941,063$1,271,210$702,812$2,748,616
64$6,499,103$1,285,552$678,408$2,933,658
65$7,112,553$1,299,085$651,677$3,136,039
66$7,787,018$1,311,724$622,492$3,357,537
67$8,528,670$1,323,376$590,722$3,600,117
68$9,344,314$1,333,940$556,230$3,865,945
69$10,241,443$1,343,313$518,874$4,157,413
70$11,228,316$1,351,381$478,502$4,477,158
71$12,314,031$1,358,025$434,958$4,828,092
72$13,508,612$1,363,118$388,079$5,213,427
73$14,823,104$1,366,525$337,693$5,636,706
74$16,269,678$1,368,102$283,624$6,101,839
75$17,861,743$1,367,697$225,683$6,613,140
76$19,614,075$1,365,148$163,677$7,175,366
77$21,542,953$1,360,282$97,402$7,793,767
78$23,666,316$1,352,918$26,647$8,474,131
79$26,003,930$1,342,861$0$9,222,845
80$28,577,576$1,329,906$0$10,059,987
81$31,411,253$1,313,836$0$10,988,725
82$34,531,407$1,294,420$0$12,010,577
83$37,967,176$1,271,412$0$13,135,061
84$41,750,672$1,244,555$0$14,372,669
85$45,917,275$1,213,573$0$15,734,969
86$50,505,975$1,178,176$0$17,234,712
87$55,559,734$1,138,056$0$18,885,957
88$61,125,895$1,092,889$0$20,704,200
89$67,256,624$1,042,328$0$22,706,525
90$74,009,408$986,011$0$24,911,763
91$81,447,594$923,552$0$27,340,676
92$89,640,985$854,542$0$30,016,146
93$98,666,503$778,552$0$32,963,401
94$108,608,910$695,125$0$36,210,247
95$119,561,614$603,781$0$39,787,336
96$131,627,543$504,011$0$43,728,456
97$144,920,122$395,278$0$48,070,851
98$159,564,342$277,013$0$52,855,573
99$175,697,936$148,618$0$58,127,875
100$193,472,685$9,460$0$63,937,635