Can I retire at age 40 with 812,000?

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 $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%14%
1 years$67,054$66,457$65,874$65,305$64,750$63,677
2 years$33,195$32,577$31,978$31,397$30,833$29,756
3 years$21,910$21,289$20,692$20,116$19,562$18,513
4 years$16,269$15,650$15,058$14,493$13,952$12,940
5 years$12,885$12,270$11,686$11,132$10,606$9,633
6 years$10,630$10,019$9,444$8,902$8,392$7,460
7 years$9,020$8,414$7,848$7,319$6,825$5,934
8 years$7,812$7,212$6,656$6,140$5,662$4,812
9 years$6,874$6,280$5,733$5,230$4,768$3,959
10 years$6,124$5,535$4,998$4,508$4,063$3,293
11 years$5,510$4,928$4,400$3,923$3,494$2,763
12 years$5,000$4,423$3,905$3,441$3,028$2,335
13 years$4,568$3,997$3,489$3,038$2,640$1,984
14 years$4,198$3,633$3,135$2,697$2,315$1,694
15 years$3,877$3,319$2,830$2,405$2,038$1,452
16 years$3,597$3,045$2,566$2,154$1,801$1,249
17 years$3,351$2,804$2,335$1,935$1,597$1,077
18 years$3,132$2,591$2,131$1,744$1,420$931
19 years$2,936$2,402$1,951$1,576$1,266$806
20 years$2,760$2,232$1,791$1,427$1,131$700
21 years$2,601$2,079$1,647$1,295$1,012$608
22 years$2,456$1,940$1,518$1,178$907$529
23 years$2,325$1,815$1,402$1,072$814$460
24 years$2,204$1,700$1,296$978$732$401
25 years$2,093$1,596$1,201$893$658$350
26 years$1,991$1,500$1,114$817$593$306
27 years$1,897$1,411$1,034$748$535$267
28 years$1,810$1,330$961$685$482$233
29 years$1,729$1,255$895$628$436$204
30 years$1,653$1,185$833$576$394$178
31 years$1,582$1,120$777$529$356$156
32 years$1,516$1,060$725$487$322$137
33 years$1,454$1,004$677$447$291$120
34 years$1,396$951$632$412$264$105
35 years$1,341$902$591$379$239$92
36 years$1,290$856$553$349$216$80
37 years$1,241$813$518$322$196$70
38 years$1,195$773$485$296$178$62
39 years$1,151$735$454$273$161$54
40 years$1,110$699$426$252$146$47
41 years$1,071$666$399$233$133$42
42 years$1,034$634$374$215$120$36
43 years$998$604$351$198$109$32
44 years$965$576$330$183$99$28
45 years$933$549$310$169$90$25
46 years$902$524$291$156$82$22
47 years$873$500$273$144$74$19
48 years$845$477$257$133$67$17
49 years$818$456$241$123$61$15
50 years$793$435$227$114$56$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $812,000, adding $3,329 every year, while hoping to spend $46,694 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: 45/42/13 Blend
39$812,000$812,000$812,000$812,000
40$898,258$855,222$842,636$935,209
41$940,198$847,446$821,182$953,461
42$984,851$837,723$797,445$968,243
43$1,032,445$825,911$771,298$983,241
44$1,083,228$811,854$742,610$998,495
45$1,137,473$795,391$711,243$1,014,049
46$1,195,479$776,349$677,054$1,029,957
47$1,257,575$754,547$639,892$1,046,281
48$1,324,119$729,791$599,600$1,063,094
49$1,395,507$701,878$556,014$1,080,479
50$1,472,170$670,592$508,962$1,098,533
51$1,554,584$635,704$458,265$1,117,366
52$1,643,271$596,972$403,736$1,137,106
53$1,738,802$554,141$345,178$1,157,898
54$1,841,806$506,941$282,389$1,179,907
55$1,952,975$455,086$215,153$1,203,322
56$2,073,067$398,274$143,250$1,228,356
57$2,202,917$336,186$66,445$1,255,251
58$2,343,441$268,485$0$1,284,281
59$2,495,647$194,816$0$1,317,908
60$2,660,642$114,801$0$1,364,303
61$2,839,647$28,045$0$1,414,669
62$3,033,999$0$0$1,469,486
63$3,245,174$0$0$1,559,732
64$3,474,793$0$0$1,672,039
65$3,724,639$0$0$1,794,328
66$3,996,674$0$0$1,927,570
67$4,293,060$0$0$2,072,834
68$4,616,171$0$0$2,231,298
69$4,968,624$0$0$2,404,257
70$5,353,298$0$0$2,593,137
71$5,773,362$0$0$2,799,507
72$6,232,304$0$0$3,025,096
73$6,733,965$0$0$3,271,807
74$7,282,573$0$0$3,541,733
75$7,882,784$0$0$3,837,182
76$8,539,725$0$0$4,160,695
77$9,259,040$0$0$4,515,067
78$10,046,945$0$0$4,903,380
79$10,910,286$0$0$5,329,025
80$11,856,603$0$0$5,795,740
81$12,894,198$0$0$6,307,639
82$14,032,216$0$0$6,869,255
83$15,280,731$0$0$7,485,580
84$16,650,837$0$0$8,162,113
85$18,154,756$0$0$8,904,913
86$19,805,948$0$0$9,720,651
87$21,619,244$0$0$10,616,679
88$23,610,978$0$0$11,601,094
89$25,799,145$0$0$12,682,818
90$28,203,571$0$0$13,871,677
91$30,846,096$0$0$15,178,498
92$33,750,779$0$0$16,615,211
93$36,944,129$0$0$18,194,957
94$40,455,349$0$0$19,932,214
95$44,316,617$0$0$21,842,934
96$48,563,380$0$0$23,944,693
97$53,234,697$0$0$26,256,856
98$58,373,601$0$0$28,800,758
99$64,027,505$0$0$31,599,907
100$70,248,651$0$0$34,680,207