Can I retire at age 40 with 811,000?

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 $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%14.5%
1 years$66,972$66,375$65,793$65,225$64,670$63,468
2 years$33,154$32,537$31,938$31,358$30,795$29,589
3 years$21,883$21,263$20,666$20,091$19,538$18,365
4 years$16,249$15,631$15,040$14,475$13,935$12,803
5 years$12,869$12,255$11,671$11,118$10,593$9,507
6 years$10,617$10,007$9,432$8,891$8,382$7,343
7 years$9,008$8,404$7,838$7,310$6,817$5,824
8 years$7,803$7,204$6,647$6,132$5,655$4,709
9 years$6,866$6,272$5,725$5,223$4,762$3,863
10 years$6,116$5,528$4,992$4,502$4,058$3,203
11 years$5,504$4,922$4,395$3,918$3,490$2,679
12 years$4,993$4,417$3,900$3,437$3,024$2,257
13 years$4,562$3,992$3,484$3,034$2,637$1,912
14 years$4,193$3,629$3,131$2,694$2,312$1,627
15 years$3,873$3,315$2,827$2,402$2,035$1,390
16 years$3,593$3,041$2,563$2,151$1,799$1,191
17 years$3,347$2,801$2,332$1,933$1,595$1,023
18 years$3,128$2,588$2,129$1,742$1,418$881
19 years$2,932$2,399$1,949$1,574$1,264$761
20 years$2,756$2,229$1,789$1,425$1,129$657
21 years$2,597$2,076$1,645$1,294$1,010$569
22 years$2,453$1,938$1,516$1,176$906$493
23 years$2,322$1,813$1,400$1,071$813$428
24 years$2,201$1,698$1,295$977$731$371
25 years$2,091$1,594$1,199$892$658$323
26 years$1,989$1,498$1,112$816$592$281
27 years$1,895$1,410$1,033$747$534$244
28 years$1,808$1,328$960$684$482$212
29 years$1,726$1,253$893$627$435$185
30 years$1,651$1,183$832$576$393$161
31 years$1,580$1,119$776$529$355$140
32 years$1,514$1,059$724$486$322$122
33 years$1,452$1,003$676$447$291$107
34 years$1,394$950$632$411$263$93
35 years$1,340$901$590$379$239$81
36 years$1,288$855$552$349$216$71
37 years$1,239$812$517$321$196$62
38 years$1,193$772$484$296$178$54
39 years$1,150$734$454$273$161$47
40 years$1,109$698$425$252$146$41
41 years$1,070$665$399$232$133$36
42 years$1,033$633$374$214$120$31
43 years$997$603$351$198$109$27
44 years$964$575$329$183$99$24
45 years$932$548$309$169$90$21
46 years$901$523$290$156$82$18
47 years$872$499$273$144$74$16
48 years$844$477$256$133$67$14
49 years$817$455$241$123$61$12
50 years$792$435$227$114$56$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $811,000, adding $4,636 every year, while hoping to spend $56,922 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: 33/49/18 Blend
39$811,000$811,000$811,000$811,000
40$898,504$855,521$842,951$923,006
41$929,587$836,877$810,625$922,875
42$961,932$815,412$775,308$917,156
43$995,609$790,927$736,841$909,787
44$1,030,691$763,212$695,055$900,655
45$1,067,258$732,045$649,776$889,643
46$1,105,395$697,192$600,819$876,627
47$1,145,193$658,403$547,995$861,477
48$1,186,754$615,415$491,104$844,058
49$1,230,183$567,951$429,936$824,226
50$1,275,597$515,715$364,274$801,832
51$1,323,121$458,399$293,890$776,721
52$1,372,890$395,672$218,547$748,727
53$1,425,054$327,188$137,997$717,682
54$1,479,769$252,580$51,980$683,405
55$1,537,211$171,462$0$645,712
56$1,597,566$83,424$0$612,054
57$1,661,040$0$0$585,734
58$1,727,855$0$0$563,056
59$1,798,253$0$0$586,600
60$1,872,497$0$0$611,478
61$1,950,874$0$0$637,792
62$2,033,699$0$0$665,655
63$2,121,313$0$0$695,188
64$2,214,089$0$0$726,525
65$2,312,435$0$0$759,812
66$2,416,797$0$0$795,209
67$2,527,660$0$0$832,890
68$2,645,559$0$0$873,046
69$2,771,076$0$0$915,886
70$2,904,849$0$0$961,641
71$3,047,577$0$0$1,010,562
72$3,200,027$0$0$1,062,923
73$3,363,036$0$0$1,119,028
74$3,537,526$0$0$1,179,208
75$3,724,504$0$0$1,243,826
76$3,925,078$0$0$1,313,282
77$4,140,462$0$0$1,388,014
78$4,371,988$0$0$1,468,503
79$4,621,120$0$0$1,555,278
80$4,889,464$0$0$1,648,919
81$5,178,784$0$0$1,750,063
82$5,491,018$0$0$1,859,413
83$5,828,296$0$0$1,977,738
84$6,192,958$0$0$2,105,885
85$6,587,576$0$0$2,244,785
86$7,014,978$0$0$2,395,462
87$7,478,272$0$0$2,559,042
88$7,980,876$0$0$2,736,763
89$8,526,551$0$0$2,929,988
90$9,119,430$0$0$3,140,215
91$9,764,064$0$0$3,369,093
92$10,465,455$0$0$3,618,437
93$11,229,109$0$0$3,890,244
94$12,061,086$0$0$4,186,711
95$12,968,053$0$0$4,510,257
96$13,957,348$0$0$4,863,544
97$15,037,047$0$0$5,249,503
98$16,216,042$0$0$5,671,362
99$17,504,117$0$0$6,132,672
100$18,912,049$0$0$6,637,345