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%16.7%
1 years$67,550$66,948$66,361$65,788$65,228$63,446
2 years$33,440$32,818$32,214$31,629$31,061$29,278
3 years$22,072$21,447$20,845$20,265$19,706$17,979
4 years$16,389$15,766$15,170$14,600$14,055$12,396
5 years$12,980$12,360$11,772$11,214$10,684$9,099
6 years$10,708$10,093$9,514$8,968$8,454$6,943
7 years$9,086$8,476$7,906$7,373$6,875$5,440
8 years$7,870$7,266$6,705$6,185$5,704$4,342
9 years$6,925$6,326$5,775$5,268$4,803$3,515
10 years$6,169$5,576$5,035$4,541$4,093$2,875
11 years$5,551$4,964$4,432$3,952$3,520$2,372
12 years$5,036$4,456$3,934$3,467$3,050$1,969
13 years$4,601$4,027$3,514$3,061$2,660$1,644
14 years$4,229$3,660$3,158$2,717$2,332$1,378
15 years$3,906$3,343$2,851$2,423$2,053$1,159
16 years$3,624$3,068$2,585$2,169$1,814$978
17 years$3,375$2,825$2,352$1,949$1,609$827
18 years$3,155$2,611$2,147$1,757$1,430$701
19 years$2,957$2,419$1,966$1,587$1,275$595
20 years$2,780$2,248$1,804$1,438$1,139$506
21 years$2,620$2,094$1,659$1,305$1,019$430
22 years$2,474$1,955$1,529$1,186$914$367
23 years$2,342$1,828$1,412$1,080$820$313
24 years$2,220$1,713$1,306$985$737$267
25 years$2,109$1,608$1,210$900$663$228
26 years$2,006$1,511$1,122$823$597$195
27 years$1,911$1,422$1,042$753$539$166
28 years$1,823$1,340$968$690$486$142
29 years$1,741$1,264$901$633$439$122
30 years$1,665$1,194$839$581$397$104
31 years$1,594$1,128$783$533$359$89
32 years$1,527$1,068$730$490$324$76
33 years$1,465$1,011$682$451$293$65
34 years$1,406$958$637$415$266$56
35 years$1,351$909$596$382$241$48
36 years$1,299$863$557$352$218$41
37 years$1,250$819$521$324$198$35
38 years$1,204$779$488$299$179$30
39 years$1,160$741$457$275$162$26
40 years$1,118$705$429$254$147$22
41 years$1,079$671$402$234$134$19
42 years$1,041$639$377$216$121$16
43 years$1,006$609$354$200$110$14
44 years$972$580$332$184$100$12
45 years$940$553$312$170$91$10
46 years$909$528$293$157$82$9
47 years$879$504$275$145$75$7
48 years$851$481$259$134$68$6
49 years$824$459$243$124$62$5
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 $5,545 every year, while hoping to spend $40,572 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: 76/17/7 Blend
39$818,000$818,000$818,000$818,000
40$907,156$863,802$851,123$974,873
41$956,517$862,960$836,467$1,019,315
42$1,009,554$860,717$819,961$1,062,260
43$1,066,598$856,961$801,498$1,108,154
44$1,128,013$851,575$780,971$1,157,273
45$1,194,200$844,432$758,264$1,209,921
46$1,265,600$835,400$733,256$1,266,435
47$1,342,694$824,337$705,823$1,327,185
48$1,426,013$811,094$675,833$1,392,580
49$1,516,142$795,513$643,149$1,463,071
50$1,613,721$777,426$607,627$1,539,154
51$1,719,455$756,655$569,117$1,621,377
52$1,834,121$733,012$527,463$1,710,345
53$1,958,569$706,297$482,502$1,806,725
54$2,093,738$676,301$434,061$1,911,252
55$2,240,660$642,800$381,962$2,024,738
56$2,400,468$605,558$326,018$2,148,077
57$2,574,411$564,326$266,036$2,282,257
58$2,763,863$518,840$201,810$2,428,366
59$2,970,336$468,822$133,129$2,587,606
60$3,195,492$413,976$59,771$2,761,300
61$3,441,163$353,992$0$2,950,911
62$3,709,364$288,539$0$3,159,434
63$4,002,313$217,272$0$3,392,117
64$4,322,453$139,822$0$3,646,471
65$4,672,472$55,802$0$3,924,680
66$5,055,330$0$0$4,229,149
67$5,474,288$0$0$4,569,116
68$5,932,933$0$0$4,952,746
69$6,435,219$0$0$5,372,909
70$6,985,497$0$0$5,833,252
71$7,588,561$0$0$6,337,787
72$8,249,690$0$0$6,890,935
73$8,974,697$0$0$7,497,566
74$9,769,987$0$0$8,163,041
75$10,642,612$0$0$8,893,267
76$11,600,342$0$0$9,694,750
77$12,651,733$0$0$10,574,658
78$13,806,214$0$0$11,540,884
79$15,074,168$0$0$12,602,124
80$16,467,034$0$0$13,767,960
81$17,997,415$0$0$15,048,944
82$19,679,193$0$0$16,456,702
83$21,527,662$0$0$18,004,045
84$23,559,673$0$0$19,705,082
85$25,793,790$0$0$21,575,360
86$28,250,463$0$0$23,632,009
87$30,952,227$0$0$25,893,898
88$33,923,907$0$0$28,381,820
89$37,192,858$0$0$31,118,682
90$40,789,216$0$0$34,129,724
91$44,746,186$0$0$37,442,757
92$49,100,357$0$0$41,088,420
93$53,892,040$0$0$45,100,476
94$59,165,654$0$0$49,516,124
95$64,970,139$0$0$54,376,354
96$71,359,424$0$0$59,726,328
97$78,392,930$0$0$65,615,814
98$86,136,131$0$0$72,099,645
99$94,661,172$0$0$79,238,243
100$104,047,552$0$0$87,098,188