Can I retire at age 40 with 813,000?

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 $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%18.5%
1 years$67,137$66,539$65,955$65,386$64,830$62,604
2 years$33,236$32,617$32,017$31,435$30,871$28,652
3 years$21,937$21,316$20,717$20,141$19,586$17,442
4 years$16,289$15,669$15,077$14,510$13,969$11,917
5 years$12,901$12,285$11,700$11,145$10,619$8,665
6 years$10,643$10,032$9,456$8,913$8,402$6,547
7 years$9,031$8,424$7,858$7,328$6,833$5,077
8 years$7,822$7,221$6,664$6,147$5,669$4,010
9 years$6,883$6,287$5,740$5,236$4,774$3,210
10 years$6,131$5,542$5,004$4,514$4,068$2,597
11 years$5,517$4,934$4,405$3,928$3,498$2,117
12 years$5,006$4,428$3,910$3,446$3,032$1,737
13 years$4,573$4,002$3,493$3,042$2,644$1,432
14 years$4,203$3,638$3,138$2,700$2,317$1,186
15 years$3,882$3,323$2,834$2,408$2,040$985
16 years$3,602$3,049$2,569$2,156$1,803$820
17 years$3,355$2,808$2,338$1,937$1,599$685
18 years$3,135$2,595$2,134$1,746$1,422$573
19 years$2,939$2,405$1,954$1,578$1,267$479
20 years$2,763$2,234$1,793$1,429$1,132$402
21 years$2,604$2,081$1,649$1,297$1,013$337
22 years$2,459$1,943$1,520$1,179$908$283
23 years$2,328$1,817$1,403$1,074$815$238
24 years$2,207$1,703$1,298$979$733$200
25 years$2,096$1,598$1,202$894$659$169
26 years$1,994$1,502$1,115$818$594$142
27 years$1,900$1,413$1,035$749$535$120
28 years$1,812$1,332$962$686$483$101
29 years$1,731$1,256$896$629$436$85
30 years$1,655$1,186$834$577$394$72
31 years$1,584$1,122$778$530$356$60
32 years$1,518$1,061$726$487$322$51
33 years$1,456$1,005$678$448$292$43
34 years$1,398$952$633$412$264$36
35 years$1,343$903$592$379$239$31
36 years$1,291$857$554$349$217$26
37 years$1,242$814$518$322$196$22
38 years$1,196$774$485$297$178$18
39 years$1,153$736$455$274$161$15
40 years$1,111$700$426$252$146$13
41 years$1,072$667$400$233$133$11
42 years$1,035$635$375$215$121$9
43 years$1,000$605$352$198$109$8
44 years$966$577$330$183$99$7
45 years$934$550$310$169$90$6
46 years$903$524$291$156$82$5
47 years$874$500$274$144$74$4
48 years$846$478$257$133$68$3
49 years$819$456$242$123$61$3
50 years$794$436$227$114$56$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $813,000, adding $3,422 every year, while hoping to spend $31,219 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: 63/20/17 Blend
39$813,000$813,000$813,000$813,000
40$899,456$856,367$843,765$952,086
41$957,984$865,112$838,815$996,615
42$1,021,435$873,239$832,652$1,041,372
43$1,090,279$880,686$825,203$1,089,508
44$1,165,031$887,384$816,392$1,141,351
45$1,246,261$893,261$806,137$1,197,268
46$1,334,591$898,243$794,354$1,257,662
47$1,430,708$902,246$780,955$1,322,976
48$1,535,370$905,185$765,846$1,393,701
49$1,649,407$906,969$748,931$1,470,378
50$1,773,735$907,499$730,108$1,553,605
51$1,909,361$906,671$709,272$1,644,040
52$2,057,394$904,376$686,311$1,742,412
53$2,219,055$900,497$661,109$1,849,522
54$2,395,687$894,910$633,544$1,966,257
55$2,588,769$887,483$603,491$2,093,593
56$2,799,931$878,077$570,815$2,232,608
57$3,030,965$866,544$535,378$2,384,493
58$3,283,846$852,727$497,036$2,550,560
59$3,560,748$836,461$455,637$2,732,257
60$3,864,066$817,568$411,022$2,931,182
61$4,196,435$795,864$363,026$3,149,097
62$4,560,761$771,151$311,477$3,387,948
63$4,960,241$743,220$256,194$3,649,878
64$5,398,398$711,850$196,989$3,937,255
65$5,879,112$676,808$133,665$4,252,688
66$6,406,656$637,846$66,017$4,599,057
67$6,985,738$594,703$0$4,979,537
68$7,621,542$547,103$0$5,398,752
69$8,319,781$494,753$0$5,872,296
70$9,086,747$437,344$0$6,392,486
71$9,929,372$374,550$0$6,964,066
72$10,855,291$306,026$0$7,592,264
73$11,872,917$231,408$0$8,282,843
74$12,991,519$150,311$0$9,042,159
75$14,221,305$62,328$0$9,877,212
76$15,573,527$0$0$10,795,724
77$17,060,578$0$0$11,813,459
78$18,696,111$0$0$12,947,968
79$20,495,173$0$0$14,195,977
80$22,474,339$0$0$15,568,993
81$24,651,873$0$0$17,079,695
82$27,047,897$0$0$18,742,053
83$29,684,585$0$0$20,571,459
84$32,586,365$0$0$22,584,872
85$35,780,156$0$0$24,800,979
86$39,295,618$0$0$27,240,372
87$43,165,433$0$0$29,925,738
88$47,425,611$0$0$32,882,077
89$52,115,833$0$0$36,136,936
90$57,279,820$0$0$39,720,668
91$62,965,752$0$0$43,666,721
92$69,226,716$0$0$48,011,950
93$76,121,209$0$0$52,796,965
94$83,713,692$0$0$58,066,517
95$92,075,194$0$0$63,869,918
96$101,283,984$0$0$70,261,505
97$111,426,310$0$0$77,301,155
98$122,597,211$0$0$85,054,848
99$134,901,415$0$0$93,595,291
100$148,454,325$0$0$103,002,601