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%15.3%
1 years$67,137$66,539$65,955$65,386$64,830$63,417
2 years$33,236$32,617$32,017$31,435$30,871$29,455
3 years$21,937$21,316$20,717$20,141$19,586$18,211
4 years$16,289$15,669$15,077$14,510$13,969$12,645
5 years$12,901$12,285$11,700$11,145$10,619$9,350
6 years$10,643$10,032$9,456$8,913$8,402$7,190
7 years$9,031$8,424$7,858$7,328$6,833$5,678
8 years$7,822$7,221$6,664$6,147$5,669$4,569
9 years$6,883$6,287$5,740$5,236$4,774$3,730
10 years$6,131$5,542$5,004$4,514$4,068$3,078
11 years$5,517$4,934$4,405$3,928$3,498$2,562
12 years$5,006$4,428$3,910$3,446$3,032$2,147
13 years$4,573$4,002$3,493$3,042$2,644$1,809
14 years$4,203$3,638$3,138$2,700$2,317$1,531
15 years$3,882$3,323$2,834$2,408$2,040$1,300
16 years$3,602$3,049$2,569$2,156$1,803$1,108
17 years$3,355$2,808$2,338$1,937$1,599$947
18 years$3,135$2,595$2,134$1,746$1,422$811
19 years$2,939$2,405$1,954$1,578$1,267$695
20 years$2,763$2,234$1,793$1,429$1,132$597
21 years$2,604$2,081$1,649$1,297$1,013$514
22 years$2,459$1,943$1,520$1,179$908$443
23 years$2,328$1,817$1,403$1,074$815$382
24 years$2,207$1,703$1,298$979$733$329
25 years$2,096$1,598$1,202$894$659$284
26 years$1,994$1,502$1,115$818$594$246
27 years$1,900$1,413$1,035$749$535$212
28 years$1,812$1,332$962$686$483$184
29 years$1,731$1,256$896$629$436$159
30 years$1,655$1,186$834$577$394$137
31 years$1,584$1,122$778$530$356$119
32 years$1,518$1,061$726$487$322$103
33 years$1,456$1,005$678$448$292$89
34 years$1,398$952$633$412$264$77
35 years$1,343$903$592$379$239$67
36 years$1,291$857$554$349$217$58
37 years$1,242$814$518$322$196$50
38 years$1,196$774$485$297$178$44
39 years$1,153$736$455$274$161$38
40 years$1,111$700$426$252$146$33
41 years$1,072$667$400$233$133$28
42 years$1,035$635$375$215$121$25
43 years$1,000$605$352$198$109$21
44 years$966$577$330$183$99$19
45 years$934$550$310$169$90$16
46 years$903$524$291$156$82$14
47 years$874$500$274$144$74$12
48 years$846$478$257$133$68$10
49 years$819$456$242$123$61$9
50 years$794$436$227$114$56$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $813,000, adding $6,713 every year, while hoping to spend $37,106 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: 32/45/23 Blend
39$813,000$813,000$813,000$813,000
40$902,850$859,761$847,160$925,174
41$955,461$862,409$836,059$945,233
42$1,012,194$863,943$823,343$963,018
43$1,073,430$864,269$808,918$981,418
44$1,139,590$863,289$792,687$1,000,510
45$1,211,133$860,895$774,547$1,020,382
46$1,288,566$856,975$754,391$1,041,134
47$1,372,444$851,412$732,108$1,062,881
48$1,463,381$844,078$707,580$1,085,750
49$1,562,047$834,840$680,686$1,109,886
50$1,669,184$823,554$651,297$1,135,453
51$1,785,604$810,072$619,279$1,162,635
52$1,912,204$794,234$584,493$1,191,639
53$2,049,967$775,870$546,792$1,222,699
54$2,199,978$754,802$506,024$1,256,075
55$2,363,429$730,840$462,029$1,292,062
56$2,541,632$703,785$414,640$1,330,987
57$2,736,031$673,423$363,683$1,373,219
58$2,948,216$639,531$308,977$1,419,168
59$3,179,938$601,871$250,331$1,469,296
60$3,433,121$560,193$187,547$1,524,116
61$3,709,887$514,230$120,417$1,584,201
62$4,012,571$463,703$48,727$1,650,192
63$4,343,744$408,314$0$1,722,800
64$4,706,235$347,752$0$1,809,638
65$5,103,163$281,683$0$1,917,978
66$5,537,960$209,759$0$2,036,894
67$6,014,405$131,611$0$2,167,545
68$6,536,662$46,848$0$2,311,213
69$7,109,317$0$0$2,469,321
70$7,737,418$0$0$2,665,698
71$8,426,529$0$0$2,906,727
72$9,182,776$0$0$3,171,368
73$10,012,907$0$0$3,462,000
74$10,924,357$0$0$3,781,242
75$11,925,313$0$0$4,131,979
76$13,024,797$0$0$4,517,390
77$14,232,747$0$0$4,940,977
78$15,560,109$0$0$5,406,599
79$17,018,944$0$0$5,918,507
80$18,622,539$0$0$6,481,382
81$20,385,532$0$0$7,100,385
82$22,324,050$0$0$7,781,201
83$24,455,862$0$0$8,530,092
84$26,800,543$0$0$9,353,958
85$29,379,663$0$0$10,260,404
86$32,216,985$0$0$11,257,806
87$35,338,692$0$0$12,355,394
88$38,773,635$0$0$13,563,340
89$42,553,599$0$0$14,892,848
90$46,713,608$0$0$16,356,266
91$51,292,254$0$0$17,967,200
92$56,332,059$0$0$19,740,641
93$61,879,875$0$0$21,693,107
94$67,987,330$0$0$23,842,802
95$74,711,311$0$0$26,209,780
96$82,114,499$0$0$28,816,143
97$90,265,965$0$0$31,686,244
98$99,241,819$0$0$34,846,917
99$109,125,924$0$0$38,327,732
100$120,010,693$0$0$42,161,272