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%18.2%
1 years$66,972$66,375$65,793$65,225$64,670$62,525
2 years$33,154$32,537$31,938$31,358$30,795$28,655
3 years$21,883$21,263$20,666$20,091$19,538$17,469
4 years$16,249$15,631$15,040$14,475$13,935$11,954
5 years$12,869$12,255$11,671$11,118$10,593$8,705
6 years$10,617$10,007$9,432$8,891$8,382$6,589
7 years$9,008$8,404$7,838$7,310$6,817$5,118
8 years$7,803$7,204$6,647$6,132$5,655$4,049
9 years$6,866$6,272$5,725$5,223$4,762$3,248
10 years$6,116$5,528$4,992$4,502$4,058$2,632
11 years$5,504$4,922$4,395$3,918$3,490$2,150
12 years$4,993$4,417$3,900$3,437$3,024$1,768
13 years$4,562$3,992$3,484$3,034$2,637$1,461
14 years$4,193$3,629$3,131$2,694$2,312$1,212
15 years$3,873$3,315$2,827$2,402$2,035$1,009
16 years$3,593$3,041$2,563$2,151$1,799$842
17 years$3,347$2,801$2,332$1,933$1,595$704
18 years$3,128$2,588$2,129$1,742$1,418$590
19 years$2,932$2,399$1,949$1,574$1,264$495
20 years$2,756$2,229$1,789$1,425$1,129$416
21 years$2,597$2,076$1,645$1,294$1,010$350
22 years$2,453$1,938$1,516$1,176$906$295
23 years$2,322$1,813$1,400$1,071$813$248
24 years$2,201$1,698$1,295$977$731$210
25 years$2,091$1,594$1,199$892$658$177
26 years$1,989$1,498$1,112$816$592$149
27 years$1,895$1,410$1,033$747$534$126
28 years$1,808$1,328$960$684$482$106
29 years$1,726$1,253$893$627$435$90
30 years$1,651$1,183$832$576$393$76
31 years$1,580$1,119$776$529$355$64
32 years$1,514$1,059$724$486$322$54
33 years$1,452$1,003$676$447$291$46
34 years$1,394$950$632$411$263$39
35 years$1,340$901$590$379$239$33
36 years$1,288$855$552$349$216$28
37 years$1,239$812$517$321$196$23
38 years$1,193$772$484$296$178$20
39 years$1,150$734$454$273$161$17
40 years$1,109$698$425$252$146$14
41 years$1,070$665$399$232$133$12
42 years$1,033$633$374$214$120$10
43 years$997$603$351$198$109$9
44 years$964$575$329$183$99$7
45 years$932$548$309$169$90$6
46 years$901$523$290$156$82$5
47 years$872$499$273$144$74$4
48 years$844$477$256$133$67$4
49 years$817$455$241$123$61$3
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 $4,600 every year, while hoping to spend $48,898 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: 78/14/8 Blend
39$811,000$811,000$811,000$811,000
40$898,467$855,484$842,913$967,192
41$938,083$845,376$819,124$1,002,852
42$980,102$833,133$792,899$1,035,149
43$1,024,716$818,600$764,104$1,069,133
44$1,072,137$801,611$732,602$1,104,950
45$1,122,596$781,991$698,245$1,142,761
46$1,176,347$759,555$660,882$1,182,744
47$1,233,666$734,105$620,354$1,225,095
48$1,294,858$705,434$576,494$1,270,033
49$1,360,256$673,323$529,128$1,317,795
50$1,430,223$637,537$478,075$1,368,647
51$1,505,161$597,831$423,146$1,422,881
52$1,585,508$553,945$364,142$1,480,819
53$1,671,744$505,604$300,855$1,542,818
54$1,764,400$452,515$233,071$1,609,272
55$1,864,053$394,373$160,564$1,680,615
56$1,971,341$330,852$83,097$1,757,327
57$2,086,963$261,609$426$1,839,939
58$2,211,686$186,281$0$1,929,037
59$2,346,355$104,485$0$2,032,761
60$2,491,896$15,818$0$2,144,859
61$2,649,327$0$0$2,266,106
62$2,819,769$0$0$2,409,747
63$3,004,453$0$0$2,568,052
64$3,204,733$0$0$2,739,749
65$3,422,096$0$0$2,926,116
66$3,658,180$0$0$3,128,560
67$3,914,787$0$0$3,348,629
68$4,193,897$0$0$3,588,025
69$4,497,690$0$0$3,848,622
70$4,828,564$0$0$4,132,479
71$5,189,158$0$0$4,441,866
72$5,582,378$0$0$4,779,279
73$6,011,420$0$0$5,147,464
74$6,479,803$0$0$5,549,447
75$6,991,401$0$0$5,988,555
76$7,550,477$0$0$6,468,454
77$8,161,726$0$0$6,993,178
78$8,830,318$0$0$7,567,169
79$9,561,943$0$0$8,195,320
80$10,362,867$0$0$8,883,015
81$11,239,993$0$0$9,636,185
82$12,200,920$0$0$10,461,363
83$13,254,015$0$0$11,365,742
84$14,408,498$0$0$12,357,242
85$15,674,519$0$0$13,444,589
86$17,063,259$0$0$14,637,394
87$18,587,034$0$0$15,946,241
88$20,259,408$0$0$17,382,788
89$22,095,324$0$0$18,959,879
90$24,111,242$0$0$20,691,662
91$26,325,292$0$0$22,593,719
92$28,757,449$0$0$24,683,218
93$31,429,715$0$0$26,979,072
94$34,366,331$0$0$29,502,115
95$37,594,002$0$0$32,275,301
96$41,142,148$0$0$35,323,917
97$45,043,181$0$0$38,675,822
98$49,332,813$0$0$42,361,711
99$54,050,388$0$0$46,415,401
100$59,239,252$0$0$50,874,150