Can I retire at age 40 with 819,000?

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 $819,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$67,632$67,030$66,442$65,868$65,308$64,279
2 years$33,481$32,858$32,253$31,667$31,099$30,065
3 years$22,099$21,473$20,870$20,290$19,731$18,724
4 years$16,409$15,785$15,188$14,618$14,072$13,100
5 years$12,996$12,376$11,787$11,228$10,697$9,763
6 years$10,721$10,106$9,525$8,979$8,464$7,569
7 years$9,097$8,487$7,916$7,382$6,884$6,027
8 years$7,880$7,275$6,713$6,193$5,711$4,893
9 years$6,933$6,334$5,782$5,275$4,809$4,030
10 years$6,177$5,583$5,041$4,547$4,098$3,357
11 years$5,558$4,970$4,438$3,957$3,524$2,820
12 years$5,043$4,461$3,938$3,471$3,054$2,386
13 years$4,607$4,031$3,519$3,064$2,663$2,031
14 years$4,234$3,664$3,162$2,720$2,335$1,736
15 years$3,911$3,348$2,855$2,426$2,055$1,490
16 years$3,628$3,071$2,588$2,172$1,817$1,283
17 years$3,380$2,829$2,355$1,952$1,611$1,108
18 years$3,159$2,614$2,150$1,759$1,432$959
19 years$2,961$2,422$1,968$1,589$1,277$832
20 years$2,784$2,251$1,806$1,439$1,140$723
21 years$2,623$2,097$1,661$1,306$1,020$629
22 years$2,477$1,957$1,531$1,188$915$548
23 years$2,345$1,831$1,414$1,082$821$478
24 years$2,223$1,715$1,308$987$738$417
25 years$2,112$1,610$1,211$901$664$365
26 years$2,009$1,513$1,123$824$598$319
27 years$1,914$1,424$1,043$754$539$279
28 years$1,825$1,341$970$691$487$244
29 years$1,743$1,266$902$634$439$214
30 years$1,667$1,195$840$581$397$187
31 years$1,596$1,130$783$534$359$164
32 years$1,529$1,069$731$491$325$144
33 years$1,467$1,012$683$451$294$126
34 years$1,408$960$638$415$266$111
35 years$1,353$910$596$382$241$97
36 years$1,301$864$558$352$218$85
37 years$1,252$820$522$324$198$75
38 years$1,205$780$489$299$179$66
39 years$1,161$741$458$276$163$58
40 years$1,120$705$429$254$148$51
41 years$1,080$671$403$235$134$44
42 years$1,043$639$378$216$121$39
43 years$1,007$609$354$200$110$34
44 years$973$581$333$185$100$30
45 years$941$554$312$170$91$26
46 years$910$528$293$157$82$23
47 years$880$504$276$145$75$20
48 years$852$481$259$134$68$18
49 years$825$460$243$124$62$16
50 years$800$439$229$115$56$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $819,000, adding $4,538 every year, while hoping to spend $32,691 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: 59/32/9 Blend
39$819,000$819,000$819,000$819,000
40$907,219$863,812$851,117$958,617
41$964,972$871,356$844,847$1,001,229
42$1,027,521$878,174$837,271$1,043,567
43$1,095,319$884,195$828,310$1,088,926
44$1,168,867$889,346$817,884$1,137,596
45$1,248,714$893,547$805,906$1,189,902
46$1,335,466$896,713$792,287$1,246,200
47$1,429,787$898,755$776,931$1,306,884
48$1,532,408$899,578$759,742$1,372,387
49$1,644,136$899,079$740,615$1,443,191
50$1,765,855$897,152$719,444$1,519,826
51$1,898,542$893,682$696,114$1,602,875
52$2,043,269$888,547$670,509$1,692,986
53$2,201,216$881,620$642,506$1,790,872
54$2,373,685$872,764$611,974$1,897,320
55$2,562,105$861,834$578,780$2,013,201
56$2,768,053$848,678$542,782$2,139,472
57$2,993,263$833,131$503,834$2,277,196
58$3,239,645$815,024$461,782$2,427,541
59$3,509,302$794,173$416,464$2,591,798
60$3,804,548$770,385$367,714$2,771,393
61$4,127,935$743,457$315,355$2,967,899
62$4,482,270$713,172$259,205$3,183,052
63$4,870,645$679,301$199,072$3,418,769
64$5,296,467$641,603$134,757$3,677,164
65$5,763,487$599,822$66,052$3,960,571
66$6,275,837$553,687$0$4,271,567
67$6,838,067$502,912$0$4,613,690
68$7,455,191$447,196$0$4,996,194
69$8,132,730$386,218$0$5,416,212
70$8,876,766$319,641$0$5,877,584
71$9,694,002$247,108$0$6,384,548
72$10,591,817$168,244$0$6,941,777
73$11,578,343$82,649$0$7,554,424
74$12,662,540$0$0$8,228,172
75$13,854,275$0$0$8,972,845
76$15,164,422$0$0$9,823,576
77$16,604,960$0$0$10,759,051
78$18,189,087$0$0$11,787,848
79$19,931,343$0$0$12,919,420
80$21,847,749$0$0$14,164,183
81$23,955,955$0$0$15,533,612
82$26,275,410$0$0$17,040,350
83$28,827,541$0$0$18,698,328
84$31,635,960$0$0$20,522,895
85$34,726,679$0$0$22,530,965
86$38,128,363$0$0$24,741,172
87$41,872,596$0$0$27,174,049
88$45,994,176$0$0$29,852,222
89$50,531,451$0$0$32,800,621
90$55,526,673$0$0$36,046,716
91$61,026,400$0$0$39,620,776
92$67,081,933$0$0$43,556,155
93$73,749,801$0$0$47,889,606
94$81,092,296$0$0$52,661,627
95$89,178,056$0$0$57,916,843
96$98,082,715$0$0$63,704,428
97$107,889,617$0$0$70,078,570
98$118,690,601$0$0$77,098,977
99$130,586,867$0$0$84,831,445
100$143,689,931$0$0$93,348,480