Can I retire at age 40 with 811,000?

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 $811,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$66,972$66,375$65,793$65,225$64,670$63,809
2 years$33,154$32,537$31,938$31,358$30,795$29,929
3 years$21,883$21,263$20,666$20,091$19,538$18,694
4 years$16,249$15,631$15,040$14,475$13,935$13,119
5 years$12,869$12,255$11,671$11,118$10,593$9,808
6 years$10,617$10,007$9,432$8,891$8,382$7,628
7 years$9,008$8,404$7,838$7,310$6,817$6,095
8 years$7,803$7,204$6,647$6,132$5,655$4,965
9 years$6,866$6,272$5,725$5,223$4,762$4,104
10 years$6,116$5,528$4,992$4,502$4,058$3,431
11 years$5,504$4,922$4,395$3,918$3,490$2,893
12 years$4,993$4,417$3,900$3,437$3,024$2,457
13 years$4,562$3,992$3,484$3,034$2,637$2,099
14 years$4,193$3,629$3,131$2,694$2,312$1,802
15 years$3,873$3,315$2,827$2,402$2,035$1,553
16 years$3,593$3,041$2,563$2,151$1,799$1,343
17 years$3,347$2,801$2,332$1,933$1,595$1,165
18 years$3,128$2,588$2,129$1,742$1,418$1,013
19 years$2,932$2,399$1,949$1,574$1,264$882
20 years$2,756$2,229$1,789$1,425$1,129$770
21 years$2,597$2,076$1,645$1,294$1,010$673
22 years$2,453$1,938$1,516$1,176$906$589
23 years$2,322$1,813$1,400$1,071$813$516
24 years$2,201$1,698$1,295$977$731$453
25 years$2,091$1,594$1,199$892$658$397
26 years$1,989$1,498$1,112$816$592$349
27 years$1,895$1,410$1,033$747$534$307
28 years$1,808$1,328$960$684$482$270
29 years$1,726$1,253$893$627$435$238
30 years$1,651$1,183$832$576$393$209
31 years$1,580$1,119$776$529$355$184
32 years$1,514$1,059$724$486$322$162
33 years$1,452$1,003$676$447$291$143
34 years$1,394$950$632$411$263$126
35 years$1,340$901$590$379$239$111
36 years$1,288$855$552$349$216$98
37 years$1,239$812$517$321$196$87
38 years$1,193$772$484$296$178$76
39 years$1,150$734$454$273$161$67
40 years$1,109$698$425$252$146$60
41 years$1,070$665$399$232$133$53
42 years$1,033$633$374$214$120$46
43 years$997$603$351$198$109$41
44 years$964$575$329$183$99$36
45 years$932$548$309$169$90$32
46 years$901$523$290$156$82$28
47 years$872$499$273$144$74$25
48 years$844$477$256$133$67$22
49 years$817$455$241$123$61$19
50 years$792$435$227$114$56$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $811,000, adding $3,290 every year, while hoping to spend $34,358 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: 34/48/18 Blend
39$811,000$811,000$811,000$811,000
40$897,116$854,133$841,562$922,542
41$952,065$859,428$833,198$946,807
42$1,011,467$863,832$823,402$969,533
43$1,075,741$867,264$812,090$993,315
44$1,145,345$869,639$799,174$1,018,266
45$1,220,785$870,866$784,561$1,044,512
46$1,302,617$870,850$768,155$1,072,197
47$1,391,450$869,488$749,855$1,101,477
48$1,487,958$866,673$729,555$1,132,532
49$1,592,879$862,289$707,143$1,165,558
50$1,707,025$856,214$682,506$1,200,780
51$1,831,293$848,319$655,520$1,238,443
52$1,966,665$838,467$626,061$1,278,824
53$2,114,225$826,513$593,995$1,322,231
54$2,275,167$812,302$559,184$1,369,009
55$2,450,800$795,671$521,483$1,419,538
56$2,642,571$776,448$480,742$1,474,247
57$2,852,068$754,450$436,802$1,533,608
58$3,081,043$729,482$389,499$1,598,151
59$3,331,423$701,339$338,660$1,668,460
60$3,605,329$669,805$284,106$1,745,190
61$3,905,097$634,651$225,648$1,829,064
62$4,233,300$595,632$163,091$1,920,889
63$4,592,772$552,493$96,229$2,021,558
64$4,986,631$504,962$24,849$2,132,064
65$5,418,314$452,751$0$2,253,508
66$5,891,604$395,559$0$2,396,970
67$6,410,670$333,063$0$2,559,681
68$6,980,101$264,926$0$2,738,413
69$7,604,954$190,790$0$2,934,880
70$8,290,798$110,277$0$3,150,978
71$9,043,767$22,989$0$3,388,804
72$9,870,620$0$0$3,650,678
73$10,778,799$0$0$3,976,929
74$11,776,506$0$0$4,348,807
75$12,872,775$0$0$4,757,553
76$14,077,557$0$0$5,206,894
77$15,401,818$0$0$5,700,936
78$16,857,637$0$0$6,244,203
79$18,458,321$0$0$6,841,679
80$20,218,533$0$0$7,498,855
81$22,154,427$0$0$8,221,782
82$24,283,800$0$0$9,017,126
83$26,626,262$0$0$9,892,232
84$29,203,420$0$0$10,855,192
85$32,039,078$0$0$11,914,924
86$35,159,465$0$0$13,081,252
87$38,593,483$0$0$14,365,003
88$42,372,974$0$0$15,778,104
89$46,533,027$0$0$17,333,699
90$51,112,303$0$0$19,046,271
91$56,153,401$0$0$20,931,778
92$61,703,262$0$0$23,007,805
93$67,813,609$0$0$25,293,728
94$74,541,434$0$0$27,810,897
95$81,949,539$0$0$30,582,840
96$90,107,124$0$0$33,635,481
97$99,090,443$0$0$36,997,386
98$108,983,521$0$0$40,700,035
99$119,878,948$0$0$44,778,115
100$131,878,749$0$0$49,269,850