Can I retire at age 40 with 819,000?

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 $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%14.3%
1 years$67,632$67,030$66,442$65,868$65,308$64,147
2 years$33,481$32,858$32,253$31,667$31,099$29,933
3 years$22,099$21,473$20,870$20,290$19,731$18,596
4 years$16,409$15,785$15,188$14,618$14,072$12,978
5 years$12,996$12,376$11,787$11,228$10,697$9,647
6 years$10,721$10,106$9,525$8,979$8,464$7,459
7 years$9,097$8,487$7,916$7,382$6,884$5,923
8 years$7,880$7,275$6,713$6,193$5,711$4,795
9 years$6,933$6,334$5,782$5,275$4,809$3,937
10 years$6,177$5,583$5,041$4,547$4,098$3,269
11 years$5,558$4,970$4,438$3,957$3,524$2,738
12 years$5,043$4,461$3,938$3,471$3,054$2,309
13 years$4,607$4,031$3,519$3,064$2,663$1,959
14 years$4,234$3,664$3,162$2,720$2,335$1,669
15 years$3,911$3,348$2,855$2,426$2,055$1,428
16 years$3,628$3,071$2,588$2,172$1,817$1,225
17 years$3,380$2,829$2,355$1,952$1,611$1,054
18 years$3,159$2,614$2,150$1,759$1,432$909
19 years$2,961$2,422$1,968$1,589$1,277$786
20 years$2,784$2,251$1,806$1,439$1,140$680
21 years$2,623$2,097$1,661$1,306$1,020$590
22 years$2,477$1,957$1,531$1,188$915$512
23 years$2,345$1,831$1,414$1,082$821$445
24 years$2,223$1,715$1,308$987$738$387
25 years$2,112$1,610$1,211$901$664$337
26 years$2,009$1,513$1,123$824$598$293
27 years$1,914$1,424$1,043$754$539$255
28 years$1,825$1,341$970$691$487$223
29 years$1,743$1,266$902$634$439$194
30 years$1,667$1,195$840$581$397$169
31 years$1,596$1,130$783$534$359$148
32 years$1,529$1,069$731$491$325$129
33 years$1,467$1,012$683$451$294$113
34 years$1,408$960$638$415$266$99
35 years$1,353$910$596$382$241$86
36 years$1,301$864$558$352$218$75
37 years$1,252$820$522$324$198$66
38 years$1,205$780$489$299$179$57
39 years$1,161$741$458$276$163$50
40 years$1,120$705$429$254$148$44
41 years$1,080$671$403$235$134$38
42 years$1,043$639$378$216$121$34
43 years$1,007$609$354$200$110$29
44 years$973$581$333$185$100$26
45 years$941$554$312$170$91$22
46 years$910$528$293$157$82$20
47 years$880$504$276$145$75$17
48 years$852$481$259$134$68$15
49 years$825$460$243$124$62$13
50 years$800$439$229$115$56$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $819,000, adding $2,087 every year, while hoping to spend $41,693 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: 58/27/15 Blend
39$819,000$819,000$819,000$819,000
40$904,691$861,284$848,589$953,569
41$952,608$859,126$832,656$984,716
42$1,004,016$855,464$814,792$1,013,875
43$1,059,226$850,182$794,887$1,044,693
44$1,118,580$843,155$772,829$1,077,335
45$1,182,455$834,249$748,499$1,111,986
46$1,251,263$823,325$721,772$1,148,851
47$1,325,458$810,234$692,517$1,188,157
48$1,405,538$794,819$660,599$1,230,156
49$1,492,049$776,911$625,876$1,275,131
50$1,585,594$756,336$588,199$1,323,391
51$1,686,834$732,905$547,412$1,375,283
52$1,796,494$706,420$503,353$1,431,189
53$1,915,374$676,672$455,853$1,491,535
54$2,044,352$643,440$404,734$1,556,793
55$2,184,395$606,487$349,812$1,627,484
56$2,336,565$565,567$290,892$1,704,188
57$2,502,031$520,416$227,774$1,787,547
58$2,682,079$470,758$160,246$1,878,271
59$2,878,125$416,299$88,088$1,977,148
60$3,091,726$356,729$11,071$2,085,051
61$3,324,595$291,722$0$2,202,944
62$3,578,618$220,931$0$2,343,280
63$3,855,871$143,991$0$2,498,490
64$4,158,640$60,516$0$2,668,150
65$4,489,439$0$0$2,853,754
66$4,851,038$0$0$3,065,832
67$5,246,487$0$0$3,317,492
68$5,679,141$0$0$3,592,898
69$6,152,697$0$0$3,894,412
70$6,671,227$0$0$4,224,633
71$7,239,211$0$0$4,586,426
72$7,861,586$0$0$4,982,945
73$8,543,789$0$0$5,417,664
74$9,291,807$0$0$5,894,406
75$10,112,234$0$0$6,417,387
76$11,012,334$0$0$6,991,248
77$12,000,106$0$0$7,621,099
78$13,084,363$0$0$8,312,573
79$14,274,812$0$0$9,071,872
80$15,582,146$0$0$9,905,829
81$17,018,145$0$0$10,821,971
82$18,595,783$0$0$11,828,591
83$20,329,357$0$0$12,934,824
84$22,234,615$0$0$14,150,734
85$24,328,906$0$0$15,487,408
86$26,631,346$0$0$16,957,061
87$29,162,992$0$0$18,573,153
88$31,947,047$0$0$20,350,509
89$35,009,073$0$0$22,305,467
90$38,377,232$0$0$24,456,026
91$42,082,558$0$0$26,822,017
92$46,159,238$0$0$29,425,290
93$50,644,943$0$0$32,289,922
94$55,581,181$0$0$35,442,438
95$61,013,684$0$0$38,912,067
96$66,992,844$0$0$42,731,016
97$73,574,184$0$0$46,934,770
98$80,818,886$0$0$51,562,430
99$88,794,362$0$0$56,657,081
100$97,574,892$0$0$62,266,198