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%17.9%
1 years$66,972$66,375$65,793$65,225$64,670$62,600
2 years$33,154$32,537$31,938$31,358$30,795$28,729
3 years$21,883$21,263$20,666$20,091$19,538$17,540
4 years$16,249$15,631$15,040$14,475$13,935$12,020
5 years$12,869$12,255$11,671$11,118$10,593$8,767
6 years$10,617$10,007$9,432$8,891$8,382$6,647
7 years$9,008$8,404$7,838$7,310$6,817$5,172
8 years$7,803$7,204$6,647$6,132$5,655$4,099
9 years$6,866$6,272$5,725$5,223$4,762$3,294
10 years$6,116$5,528$4,992$4,502$4,058$2,675
11 years$5,504$4,922$4,395$3,918$3,490$2,189
12 years$4,993$4,417$3,900$3,437$3,024$1,803
13 years$4,562$3,992$3,484$3,034$2,637$1,493
14 years$4,193$3,629$3,131$2,694$2,312$1,241
15 years$3,873$3,315$2,827$2,402$2,035$1,035
16 years$3,593$3,041$2,563$2,151$1,799$866
17 years$3,347$2,801$2,332$1,933$1,595$726
18 years$3,128$2,588$2,129$1,742$1,418$610
19 years$2,932$2,399$1,949$1,574$1,264$513
20 years$2,756$2,229$1,789$1,425$1,129$432
21 years$2,597$2,076$1,645$1,294$1,010$364
22 years$2,453$1,938$1,516$1,176$906$308
23 years$2,322$1,813$1,400$1,071$813$260
24 years$2,201$1,698$1,295$977$731$220
25 years$2,091$1,594$1,199$892$658$186
26 years$1,989$1,498$1,112$816$592$157
27 years$1,895$1,410$1,033$747$534$133
28 years$1,808$1,328$960$684$482$113
29 years$1,726$1,253$893$627$435$95
30 years$1,651$1,183$832$576$393$81
31 years$1,580$1,119$776$529$355$68
32 years$1,514$1,059$724$486$322$58
33 years$1,452$1,003$676$447$291$49
34 years$1,394$950$632$411$263$42
35 years$1,340$901$590$379$239$35
36 years$1,288$855$552$349$216$30
37 years$1,239$812$517$321$196$25
38 years$1,193$772$484$296$178$22
39 years$1,150$734$454$273$161$18
40 years$1,109$698$425$252$146$15
41 years$1,070$665$399$232$133$13
42 years$1,033$633$374$214$120$11
43 years$997$603$351$198$109$9
44 years$964$575$329$183$99$8
45 years$932$548$309$169$90$7
46 years$901$523$290$156$82$6
47 years$872$499$273$144$74$5
48 years$844$477$256$133$67$4
49 years$817$455$241$123$61$4
50 years$792$435$227$114$56$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $811,000, adding $6,067 every year, while hoping to spend $31,926 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: 64/29/7 Blend
39$811,000$811,000$811,000$811,000
40$899,980$856,997$844,427$956,023
41$957,809$865,021$838,746$1,002,131
42$1,020,467$872,368$831,805$1,048,142
43$1,088,411$878,971$823,528$1,097,562
44$1,162,148$884,760$813,834$1,150,720
45$1,242,232$889,657$802,642$1,207,978
46$1,329,272$893,583$789,864$1,269,735
47$1,423,941$896,452$775,408$1,336,432
48$1,526,978$898,173$759,179$1,408,557
49$1,639,195$898,649$741,076$1,486,645
50$1,761,487$897,777$720,996$1,571,289
51$1,894,838$895,447$698,829$1,663,142
52$2,040,331$891,544$674,460$1,762,925
53$2,199,160$885,945$647,769$1,871,433
54$2,372,637$878,519$618,632$1,989,543
55$2,562,207$869,127$586,918$2,118,223
56$2,769,462$857,624$552,489$2,258,540
57$2,996,153$843,853$515,203$2,411,673
58$3,244,208$827,650$474,910$2,578,922
59$3,515,753$808,840$431,455$2,761,719
60$3,813,125$787,238$384,674$2,961,647
61$4,138,900$762,649$334,396$3,180,450
62$4,495,914$734,866$280,445$3,420,053
63$4,887,292$703,669$222,635$3,682,579
64$5,316,473$668,826$160,770$3,970,369
65$5,787,247$630,092$94,650$4,286,009
66$6,303,787$587,207$24,062$4,632,346
67$6,870,691$539,898$0$5,012,525
68$7,493,023$487,875$0$5,433,840
69$8,176,361$430,830$0$5,898,455
70$8,926,849$368,439$0$6,408,803
71$9,751,256$300,362$0$6,969,556
72$10,657,040$226,235$0$7,585,863
73$11,652,415$145,678$0$8,263,402
74$12,746,432$58,287$0$9,008,432
75$13,949,061$0$0$9,827,857
76$15,271,286$0$0$10,740,890
77$16,725,211$0$0$11,765,380
78$18,324,167$0$0$12,892,129
79$20,082,846$0$0$14,131,497
80$22,017,433$0$0$15,494,898
81$24,145,762$0$0$16,994,908
82$26,487,480$0$0$18,645,385
83$29,064,237$0$0$20,461,595
84$31,899,887$0$0$22,460,363
85$35,020,714$0$0$24,660,222
86$38,455,675$0$0$27,081,598
87$42,236,683$0$0$29,746,994
88$46,398,898$0$0$32,681,207
89$50,981,061$0$0$35,911,560
90$56,025,864$0$0$39,468,161
91$61,580,345$0$0$43,384,184
92$67,696,339$0$0$47,696,186
93$74,430,960$0$0$52,444,446
94$81,847,145$0$0$57,673,351
95$90,014,244$0$0$63,431,810
96$99,008,676$0$0$69,773,720
97$108,914,648$0$0$76,758,468
98$119,824,953$0$0$84,451,497
99$131,841,841$0$0$92,924,920
100$145,077,986$0$0$102,258,203