Can I retire at age 40 with 812,000?

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 $812,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$67,054$66,457$65,874$65,305$64,750$62,156
2 years$33,195$32,577$31,978$31,397$30,833$28,253
3 years$21,910$21,289$20,692$20,116$19,562$17,076
4 years$16,269$15,650$15,058$14,493$13,952$11,579
5 years$12,885$12,270$11,686$11,132$10,606$8,353
6 years$10,630$10,019$9,444$8,902$8,392$6,260
7 years$9,020$8,414$7,848$7,319$6,825$4,812
8 years$7,812$7,212$6,656$6,140$5,662$3,767
9 years$6,874$6,280$5,733$5,230$4,768$2,988
10 years$6,124$5,535$4,998$4,508$4,063$2,394
11 years$5,510$4,928$4,400$3,923$3,494$1,933
12 years$5,000$4,423$3,905$3,441$3,028$1,570
13 years$4,568$3,997$3,489$3,038$2,640$1,282
14 years$4,198$3,633$3,135$2,697$2,315$1,050
15 years$3,877$3,319$2,830$2,405$2,038$863
16 years$3,597$3,045$2,566$2,154$1,801$711
17 years$3,351$2,804$2,335$1,935$1,597$587
18 years$3,132$2,591$2,131$1,744$1,420$485
19 years$2,936$2,402$1,951$1,576$1,266$402
20 years$2,760$2,232$1,791$1,427$1,131$333
21 years$2,601$2,079$1,647$1,295$1,012$276
22 years$2,456$1,940$1,518$1,178$907$229
23 years$2,325$1,815$1,402$1,072$814$191
24 years$2,204$1,700$1,296$978$732$158
25 years$2,093$1,596$1,201$893$658$132
26 years$1,991$1,500$1,114$817$593$110
27 years$1,897$1,411$1,034$748$535$91
28 years$1,810$1,330$961$685$482$76
29 years$1,729$1,255$895$628$436$63
30 years$1,653$1,185$833$576$394$53
31 years$1,582$1,120$777$529$356$44
32 years$1,516$1,060$725$487$322$36
33 years$1,454$1,004$677$447$291$30
34 years$1,396$951$632$412$264$25
35 years$1,341$902$591$379$239$21
36 years$1,290$856$553$349$216$18
37 years$1,241$813$518$322$196$15
38 years$1,195$773$485$296$178$12
39 years$1,151$735$454$273$161$10
40 years$1,110$699$426$252$146$8
41 years$1,071$666$399$233$133$7
42 years$1,034$634$374$215$120$6
43 years$998$604$351$198$109$5
44 years$965$576$330$183$99$4
45 years$933$549$310$169$90$3
46 years$902$524$291$156$82$3
47 years$873$500$273$144$74$2
48 years$845$477$257$133$67$2
49 years$818$456$241$123$61$2
50 years$793$435$227$114$56$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $812,000, adding $2,767 every year, while hoping to spend $56,752 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: 47/33/20 Blend
39$812,000$812,000$812,000$812,000
40$897,678$854,642$842,056$934,646
41$928,858$836,136$809,881$942,216
42$961,315$814,821$774,727$944,517
43$995,122$790,499$736,432$945,830
44$1,030,353$762,962$694,831$946,090
45$1,067,089$731,988$649,749$945,224
46$1,105,420$697,343$601,003$943,161
47$1,145,439$658,779$548,403$939,824
48$1,187,249$616,035$491,750$935,134
49$1,230,961$568,833$430,835$929,010
50$1,276,693$516,880$365,443$921,368
51$1,324,576$459,867$295,345$912,121
52$1,374,749$397,466$220,305$901,179
53$1,427,364$329,333$140,076$888,451
54$1,482,586$255,101$54,399$873,842
55$1,540,594$174,385$0$857,256
56$1,601,582$86,778$0$846,497
57$1,665,763$0$0$846,466
58$1,733,366$0$0$848,462
59$1,804,642$0$0$883,825
60$1,879,863$0$0$921,183
61$1,959,329$0$0$960,689
62$2,043,363$0$0$1,002,509
63$2,132,321$0$0$1,046,825
64$2,226,589$0$0$1,093,836
65$2,326,590$0$0$1,143,759
66$2,432,788$0$0$1,196,833
67$2,545,688$0$0$1,253,318
68$2,665,843$0$0$1,313,497
69$2,793,860$0$0$1,377,684
70$2,930,402$0$0$1,446,219
71$3,076,195$0$0$1,519,478
72$3,232,037$0$0$1,597,869
73$3,398,799$0$0$1,681,844
74$3,577,440$0$0$1,771,895
75$3,769,009$0$0$1,868,565
76$3,974,658$0$0$1,972,447
77$4,195,652$0$0$2,084,193
78$4,433,377$0$0$2,204,521
79$4,689,358$0$0$2,334,215
80$4,965,268$0$0$2,474,140
81$5,262,946$0$0$2,625,246
82$5,584,410$0$0$2,788,574
83$5,931,879$0$0$2,965,273
84$6,307,793$0$0$3,156,600
85$6,714,832$0$0$3,363,943
86$7,155,945$0$0$3,588,823
87$7,634,370$0$0$3,832,917
88$8,153,674$0$0$4,098,067
89$8,717,776$0$0$4,386,298
90$9,330,987$0$0$4,699,842
91$9,998,052$0$0$5,041,150
92$10,724,189$0$0$5,412,923
93$11,515,142$0$0$5,818,130
94$12,377,230$0$0$6,260,040
95$13,317,409$0$0$6,742,252
96$14,343,334$0$0$7,268,725
97$15,463,431$0$0$7,843,820
98$16,686,976$0$0$8,472,336
99$18,024,181$0$0$9,159,556
100$19,486,286$0$0$9,911,299