Can I retire at age 40 with 818,000?

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 $818,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$67,550$66,948$66,361$65,788$65,228$63,471
2 years$33,440$32,818$32,214$31,629$31,061$29,304
3 years$22,072$21,447$20,845$20,265$19,706$18,003
4 years$16,389$15,766$15,170$14,600$14,055$12,419
5 years$12,980$12,360$11,772$11,214$10,684$9,121
6 years$10,708$10,093$9,514$8,968$8,454$6,964
7 years$9,086$8,476$7,906$7,373$6,875$5,459
8 years$7,870$7,266$6,705$6,185$5,704$4,360
9 years$6,925$6,326$5,775$5,268$4,803$3,531
10 years$6,169$5,576$5,035$4,541$4,093$2,891
11 years$5,551$4,964$4,432$3,952$3,520$2,386
12 years$5,036$4,456$3,934$3,467$3,050$1,982
13 years$4,601$4,027$3,514$3,061$2,660$1,656
14 years$4,229$3,660$3,158$2,717$2,332$1,389
15 years$3,906$3,343$2,851$2,423$2,053$1,169
16 years$3,624$3,068$2,585$2,169$1,814$987
17 years$3,375$2,825$2,352$1,949$1,609$836
18 years$3,155$2,611$2,147$1,757$1,430$709
19 years$2,957$2,419$1,966$1,587$1,275$602
20 years$2,780$2,248$1,804$1,438$1,139$512
21 years$2,620$2,094$1,659$1,305$1,019$436
22 years$2,474$1,955$1,529$1,186$914$372
23 years$2,342$1,828$1,412$1,080$820$317
24 years$2,220$1,713$1,306$985$737$271
25 years$2,109$1,608$1,210$900$663$232
26 years$2,006$1,511$1,122$823$597$198
27 years$1,911$1,422$1,042$753$539$169
28 years$1,823$1,340$968$690$486$145
29 years$1,741$1,264$901$633$439$124
30 years$1,665$1,194$839$581$397$106
31 years$1,594$1,128$783$533$359$91
32 years$1,527$1,068$730$490$324$78
33 years$1,465$1,011$682$451$293$67
34 years$1,406$958$637$415$266$57
35 years$1,351$909$596$382$241$49
36 years$1,299$863$557$352$218$42
37 years$1,250$819$521$324$198$36
38 years$1,204$779$488$299$179$31
39 years$1,160$741$457$275$162$26
40 years$1,118$705$429$254$147$23
41 years$1,079$671$402$234$134$19
42 years$1,041$639$377$216$121$17
43 years$1,006$609$354$200$110$14
44 years$972$580$332$184$100$12
45 years$940$553$312$170$91$11
46 years$909$528$293$157$82$9
47 years$879$504$275$145$75$8
48 years$851$481$259$134$68$7
49 years$824$459$243$124$62$6
50 years$799$439$229$115$56$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $818,000, adding $3,340 every year, while hoping to spend $36,808 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: 45/43/12 Blend
39$818,000$818,000$818,000$818,000
40$904,881$861,527$848,848$942,369
41$958,016$864,579$838,121$971,789
42$1,015,336$866,546$825,801$999,662
43$1,077,231$867,337$811,796$1,029,066
44$1,144,126$866,854$796,009$1,060,157
45$1,216,491$864,994$778,339$1,093,108
46$1,294,840$861,646$758,681$1,128,112
47$1,379,741$856,694$736,923$1,165,384
48$1,471,815$850,012$712,951$1,205,163
49$1,571,748$841,471$686,643$1,247,713
50$1,680,294$830,930$657,872$1,293,330
51$1,798,280$818,242$626,507$1,342,342
52$1,926,618$803,249$592,409$1,395,113
53$2,066,312$785,787$555,433$1,452,048
54$2,218,464$765,680$515,429$1,513,596
55$2,384,290$742,740$472,239$1,580,256
56$2,565,126$716,773$425,697$1,652,583
57$2,762,443$687,568$375,631$1,731,189
58$2,977,859$654,907$321,862$1,816,757
59$3,213,158$618,554$264,202$1,910,042
60$3,470,302$578,265$202,454$2,011,881
61$3,751,450$533,777$136,414$2,123,203
62$4,058,982$484,816$65,868$2,245,036
63$4,395,515$431,090$0$2,378,521
64$4,763,934$372,290$0$2,526,126
65$5,167,415$308,091$0$2,697,120
66$5,609,454$238,150$0$2,884,641
67$6,093,901$162,103$0$3,090,434
68$6,625,000$79,567$0$3,316,429
69$7,207,420$0$0$3,564,761
70$7,846,308$0$0$3,842,455
71$8,547,329$0$0$4,188,562
72$9,316,727$0$0$4,568,530
73$10,161,377$0$0$4,985,765
74$11,088,852$0$0$5,444,023
75$12,107,498$0$0$5,947,438
76$13,226,503$0$0$6,500,568
77$14,455,995$0$0$7,108,432
78$15,807,128$0$0$7,776,559
79$17,292,189$0$0$8,511,042
80$18,924,717$0$0$9,318,592
81$20,719,629$0$0$10,206,604
82$22,693,356$0$0$11,183,225
83$24,864,003$0$0$12,257,431
84$27,251,518$0$0$13,439,112
85$29,877,879$0$0$14,739,164
86$32,767,299$0$0$16,169,593
87$35,946,459$0$0$17,743,628
88$39,444,756$0$0$19,475,843
89$43,294,579$0$0$21,382,299
90$47,531,618$0$0$23,480,691
91$52,195,196$0$0$25,790,517
92$57,328,642$0$0$28,333,261
93$62,979,701$0$0$31,132,597
94$69,200,979$0$0$34,214,609
95$76,050,444$0$0$37,608,040
96$83,591,969$0$0$41,344,564
97$91,895,938$0$0$45,459,078
98$101,039,906$0$0$49,990,040
99$111,109,332$0$0$54,979,825
100$122,198,385$0$0$60,475,129