Can I retire at age 40 with 818,000?

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 $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%11.4%
1 years$67,550$66,948$66,361$65,788$65,228$64,845
2 years$33,440$32,818$32,214$31,629$31,061$30,674
3 years$22,072$21,447$20,845$20,265$19,706$19,328
4 years$16,389$15,766$15,170$14,600$14,055$13,688
5 years$12,980$12,360$11,772$11,214$10,684$10,330
6 years$10,708$10,093$9,514$8,968$8,454$8,112
7 years$9,086$8,476$7,906$7,373$6,875$6,547
8 years$7,870$7,266$6,705$6,185$5,704$5,389
9 years$6,925$6,326$5,775$5,268$4,803$4,501
10 years$6,169$5,576$5,035$4,541$4,093$3,804
11 years$5,551$4,964$4,432$3,952$3,520$3,244
12 years$5,036$4,456$3,934$3,467$3,050$2,787
13 years$4,601$4,027$3,514$3,061$2,660$2,409
14 years$4,229$3,660$3,158$2,717$2,332$2,092
15 years$3,906$3,343$2,851$2,423$2,053$1,825
16 years$3,624$3,068$2,585$2,169$1,814$1,598
17 years$3,375$2,825$2,352$1,949$1,609$1,404
18 years$3,155$2,611$2,147$1,757$1,430$1,236
19 years$2,957$2,419$1,966$1,587$1,275$1,091
20 years$2,780$2,248$1,804$1,438$1,139$965
21 years$2,620$2,094$1,659$1,305$1,019$854
22 years$2,474$1,955$1,529$1,186$914$758
23 years$2,342$1,828$1,412$1,080$820$673
24 years$2,220$1,713$1,306$985$737$599
25 years$2,109$1,608$1,210$900$663$533
26 years$2,006$1,511$1,122$823$597$475
27 years$1,911$1,422$1,042$753$539$424
28 years$1,823$1,340$968$690$486$378
29 years$1,741$1,264$901$633$439$338
30 years$1,665$1,194$839$581$397$302
31 years$1,594$1,128$783$533$359$270
32 years$1,527$1,068$730$490$324$241
33 years$1,465$1,011$682$451$293$216
34 years$1,406$958$637$415$266$193
35 years$1,351$909$596$382$241$173
36 years$1,299$863$557$352$218$155
37 years$1,250$819$521$324$198$139
38 years$1,204$779$488$299$179$124
39 years$1,160$741$457$275$162$111
40 years$1,118$705$429$254$147$100
41 years$1,079$671$402$234$134$89
42 years$1,041$639$377$216$121$80
43 years$1,006$609$354$200$110$72
44 years$972$580$332$184$100$65
45 years$940$553$312$170$91$58
46 years$909$528$293$157$82$52
47 years$879$504$275$145$75$47
48 years$851$481$259$134$68$42
49 years$824$459$243$124$62$37
50 years$799$439$229$115$56$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $818,000, adding $3,768 every year, while hoping to spend $52,928 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: 80/9/11 Blend
39$818,000$818,000$818,000$818,000
40$905,323$861,969$849,290$975,714
41$941,351$847,890$821,426$1,008,379
42$979,279$831,348$790,855$1,036,939
43$1,019,247$812,165$757,430$1,066,728
44$1,061,404$790,155$720,997$1,097,843
45$1,105,915$765,120$681,398$1,130,392
46$1,152,957$736,849$638,463$1,164,495
47$1,202,725$705,122$592,019$1,200,281
48$1,255,434$669,704$541,882$1,237,897
49$1,311,315$630,346$487,862$1,277,502
50$1,370,622$586,786$429,758$1,319,273
51$1,433,633$538,746$367,363$1,363,406
52$1,500,653$485,934$300,459$1,410,115
53$1,572,013$428,038$228,818$1,459,640
54$1,648,079$364,732$152,204$1,512,243
55$1,729,248$295,669$70,368$1,568,217
56$1,815,958$220,484$0$1,627,881
57$1,908,688$138,790$0$1,693,584
58$2,007,963$50,179$0$1,772,668
59$2,114,358$0$0$1,857,335
60$2,228,505$0$0$1,952,631
61$2,351,098$0$0$2,060,330
62$2,482,896$0$0$2,176,133
63$2,624,736$0$0$2,300,776
64$2,777,534$0$0$2,435,066
65$2,942,296$0$0$2,579,893
66$3,120,131$0$0$2,736,229
67$3,312,253$0$0$2,905,148
68$3,519,998$0$0$3,087,825
69$3,744,834$0$0$3,285,556
70$3,988,377$0$0$3,499,763
71$4,252,400$0$0$3,732,010
72$4,538,856$0$0$3,984,017
73$4,849,891$0$0$4,257,676
74$5,187,866$0$0$4,555,067
75$5,555,377$0$0$4,878,481
76$5,955,283$0$0$5,230,435
77$6,390,726$0$0$5,613,700
78$6,865,167$0$0$6,031,326
79$7,382,413$0$0$6,486,668
80$7,946,653$0$0$6,983,419
81$8,562,499$0$0$7,525,645
82$9,235,028$0$0$8,117,821
83$9,969,829$0$0$8,764,872
84$10,773,053$0$0$9,472,222
85$11,651,475$0$0$10,245,842
86$12,612,552$0$0$11,092,305
87$13,664,497$0$0$12,018,852
88$14,816,352$0$0$13,033,453
89$16,078,076$0$0$14,144,886
90$17,460,636$0$0$15,362,820
91$18,976,107$0$0$16,697,900
92$20,637,794$0$0$18,161,852
93$22,460,345$0$0$19,767,592
94$24,459,898$0$0$21,529,344
95$26,654,226$0$0$23,462,777
96$29,062,907$0$0$25,585,149
97$31,707,507$0$0$27,915,472
98$34,611,782$0$0$30,474,688
99$37,801,901$0$0$33,285,867
100$41,306,694$0$0$36,374,423