Can I retire at age 40 with 813,000?

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 $813,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$67,137$66,539$65,955$65,386$64,830$63,808
2 years$33,236$32,617$32,017$31,435$30,871$29,845
3 years$21,937$21,316$20,717$20,141$19,586$18,587
4 years$16,289$15,669$15,077$14,510$13,969$13,004
5 years$12,901$12,285$11,700$11,145$10,619$9,692
6 years$10,643$10,032$9,456$8,913$8,402$7,513
7 years$9,031$8,424$7,858$7,328$6,833$5,983
8 years$7,822$7,221$6,664$6,147$5,669$4,857
9 years$6,883$6,287$5,740$5,236$4,774$4,001
10 years$6,131$5,542$5,004$4,514$4,068$3,332
11 years$5,517$4,934$4,405$3,928$3,498$2,800
12 years$5,006$4,428$3,910$3,446$3,032$2,369
13 years$4,573$4,002$3,493$3,042$2,644$2,016
14 years$4,203$3,638$3,138$2,700$2,317$1,723
15 years$3,882$3,323$2,834$2,408$2,040$1,479
16 years$3,602$3,049$2,569$2,156$1,803$1,274
17 years$3,355$2,808$2,338$1,937$1,599$1,100
18 years$3,135$2,595$2,134$1,746$1,422$952
19 years$2,939$2,405$1,954$1,578$1,267$826
20 years$2,763$2,234$1,793$1,429$1,132$718
21 years$2,604$2,081$1,649$1,297$1,013$624
22 years$2,459$1,943$1,520$1,179$908$544
23 years$2,328$1,817$1,403$1,074$815$475
24 years$2,207$1,703$1,298$979$733$414
25 years$2,096$1,598$1,202$894$659$362
26 years$1,994$1,502$1,115$818$594$317
27 years$1,900$1,413$1,035$749$535$277
28 years$1,812$1,332$962$686$483$242
29 years$1,731$1,256$896$629$436$212
30 years$1,655$1,186$834$577$394$186
31 years$1,584$1,122$778$530$356$163
32 years$1,518$1,061$726$487$322$143
33 years$1,456$1,005$678$448$292$125
34 years$1,398$952$633$412$264$110
35 years$1,343$903$592$379$239$96
36 years$1,291$857$554$349$217$85
37 years$1,242$814$518$322$196$74
38 years$1,196$774$485$297$178$65
39 years$1,153$736$455$274$161$57
40 years$1,111$700$426$252$146$50
41 years$1,072$667$400$233$133$44
42 years$1,035$635$375$215$121$39
43 years$1,000$605$352$198$109$34
44 years$966$577$330$183$99$30
45 years$934$550$310$169$90$26
46 years$903$524$291$156$82$23
47 years$874$500$274$144$74$20
48 years$846$478$257$133$68$18
49 years$819$456$242$123$61$16
50 years$794$436$227$114$56$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $813,000, adding $4,994 every year, while hoping to spend $31,750 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: 72/15/13 Blend
39$813,000$813,000$813,000$813,000
40$901,077$857,988$845,387$963,099
41$959,205$866,248$839,926$1,013,101
42$1,022,199$873,848$833,217$1,063,467
43$1,090,519$880,723$825,186$1,117,772
44$1,164,676$886,803$815,754$1,176,397
45$1,245,230$892,013$804,839$1,239,764
46$1,332,795$896,273$792,352$1,308,337
47$1,428,049$899,499$778,205$1,382,628
48$1,531,737$901,602$762,302$1,463,202
49$1,644,680$902,486$744,545$1,550,681
50$1,767,779$902,049$724,828$1,645,750
51$1,902,027$900,184$703,045$1,749,168
52$2,048,517$896,777$679,080$1,861,767
53$2,208,452$891,706$652,816$1,984,467
54$2,383,157$884,842$624,128$2,118,282
55$2,574,090$876,050$592,887$2,264,330
56$2,782,855$865,184$558,956$2,423,844
57$3,011,219$852,091$522,195$2,598,182
58$3,261,129$836,609$482,454$2,788,844
59$3,534,726$818,565$439,578$2,997,481
60$3,834,371$797,777$393,407$3,225,915
61$4,162,661$774,053$343,770$3,476,155
62$4,522,459$747,187$290,493$3,750,416
63$4,916,914$716,964$233,389$4,051,138
64$5,349,499$683,155$172,267$4,381,016
65$5,824,036$645,518$106,926$4,743,016
66$6,344,735$603,796$37,156$5,140,412
67$6,916,236$557,719$0$5,576,811
68$7,543,645$507,001$0$6,061,366
69$8,232,593$451,340$0$6,599,125
70$8,989,277$390,415$0$7,189,797
71$9,820,526$323,889$0$7,838,747
72$10,733,866$251,405$0$8,551,889
73$11,737,582$172,586$0$9,335,739
74$12,840,807$87,034$0$10,197,479
75$14,053,600$0$0$11,145,024
76$15,387,043$0$0$12,188,034
77$16,853,346$0$0$13,350,807
78$18,465,963$0$0$14,629,650
79$20,239,713$0$0$16,036,323
80$22,190,929$0$0$17,583,781
81$24,337,601$0$0$19,286,300
82$26,699,555$0$0$21,159,608
83$29,298,633$0$0$23,221,037
84$32,158,902$0$0$25,489,680
85$35,306,880$0$0$27,986,578
86$38,771,787$0$0$30,734,913
87$42,585,819$0$0$33,760,231
88$46,784,449$0$0$37,090,677
89$51,406,769$0$0$40,757,266
90$56,495,849$0$0$44,794,172
91$62,099,152$0$0$49,239,052
92$68,268,975$0$0$54,133,400
93$75,062,945$0$0$59,522,938
94$82,544,561$0$0$65,458,049
95$90,783,796$0$0$71,994,250
96$99,857,753$0$0$79,192,717
97$109,851,395$0$0$87,120,862
98$120,858,345$0$0$95,852,969
99$132,981,770$0$0$105,470,892
100$146,335,355$0$0$116,064,832