Can I retire at age 40 with 821,000?

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 $821,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$67,797$67,194$66,604$66,029$65,468$64,146
2 years$33,563$32,938$32,332$31,745$31,175$29,849
3 years$22,153$21,525$20,921$20,339$19,779$18,490
4 years$16,449$15,823$15,225$14,653$14,106$12,865
5 years$13,028$12,406$11,815$11,255$10,723$9,533
6 years$10,748$10,130$9,549$9,001$8,485$7,346
7 years$9,120$8,507$7,935$7,400$6,901$5,814
8 years$7,899$7,292$6,729$6,208$5,725$4,690
9 years$6,950$6,349$5,796$5,288$4,821$3,838
10 years$6,192$5,597$5,053$4,558$4,108$3,175
11 years$5,571$4,982$4,449$3,967$3,533$2,649
12 years$5,055$4,472$3,948$3,479$3,061$2,225
13 years$4,618$4,041$3,527$3,072$2,670$1,880
14 years$4,244$3,673$3,169$2,727$2,340$1,596
15 years$3,920$3,356$2,862$2,432$2,061$1,359
16 years$3,637$3,079$2,594$2,177$1,821$1,162
17 years$3,388$2,835$2,361$1,956$1,615$995
18 years$3,166$2,620$2,155$1,763$1,436$855
19 years$2,968$2,428$1,973$1,593$1,280$735
20 years$2,790$2,256$1,811$1,443$1,143$634
21 years$2,630$2,102$1,665$1,310$1,023$547
22 years$2,484$1,962$1,535$1,191$917$472
23 years$2,350$1,835$1,417$1,084$823$408
24 years$2,229$1,719$1,311$989$740$354
25 years$2,117$1,613$1,214$903$666$306
26 years$2,014$1,516$1,126$826$600$265
27 years$1,918$1,427$1,045$756$541$230
28 years$1,830$1,345$972$693$488$200
29 years$1,748$1,269$904$635$440$173
30 years$1,671$1,198$842$583$398$151
31 years$1,600$1,133$785$535$360$131
32 years$1,533$1,072$733$492$325$114
33 years$1,470$1,015$684$452$295$99
34 years$1,411$962$639$416$267$86
35 years$1,356$912$598$383$242$75
36 years$1,304$866$559$353$219$65
37 years$1,255$822$523$325$198$56
38 years$1,208$782$490$300$180$49
39 years$1,164$743$459$276$163$43
40 years$1,122$707$430$255$148$37
41 years$1,083$673$404$235$134$32
42 years$1,045$641$379$217$122$28
43 years$1,009$611$355$200$111$24
44 years$975$582$333$185$100$21
45 years$943$555$313$171$91$18
46 years$912$530$294$158$83$16
47 years$883$505$276$146$75$14
48 years$854$482$260$135$68$12
49 years$827$461$244$125$62$11
50 years$802$440$229$115$56$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $821,000, adding $5,612 every year, while hoping to spend $56,585 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: 68/22/10 Blend
39$821,000$821,000$821,000$821,000
40$910,531$867,018$854,292$970,214
41$943,199$849,296$822,705$992,849
42$977,303$828,809$788,163$1,010,266
43$1,012,929$805,362$750,508$1,027,823
44$1,050,171$778,748$709,573$1,045,527
45$1,089,131$748,748$665,186$1,063,384
46$1,129,917$715,132$617,165$1,081,406
47$1,172,649$677,654$565,320$1,099,606
48$1,217,455$636,055$509,455$1,117,998
49$1,264,475$590,062$449,361$1,136,605
50$1,313,861$539,384$384,824$1,155,450
51$1,365,777$483,716$315,618$1,174,564
52$1,420,402$422,734$241,507$1,193,981
53$1,477,932$356,096$162,246$1,213,744
54$1,538,577$283,442$77,578$1,233,901
55$1,602,571$204,389$0$1,254,512
56$1,670,164$118,535$0$1,277,006
57$1,741,632$25,454$0$1,309,020
58$1,817,275$0$0$1,342,389
59$1,897,420$0$0$1,395,479
60$1,982,425$0$0$1,458,348
61$2,072,682$0$0$1,525,126
62$2,168,619$0$0$1,596,134
63$2,270,705$0$0$1,671,720
64$2,379,450$0$0$1,752,270
65$2,495,418$0$0$1,838,201
66$2,619,222$0$0$1,929,974
67$2,751,536$0$0$2,028,093
68$2,893,098$0$0$2,133,110
69$3,044,719$0$0$2,245,630
70$3,207,285$0$0$2,366,318
71$3,381,771$0$0$2,495,902
72$3,569,246$0$0$2,635,183
73$3,770,883$0$0$2,785,039
74$3,987,971$0$0$2,946,433
75$4,221,924$0$0$3,120,426
76$4,474,297$0$0$3,308,179
77$4,746,796$0$0$3,510,972
78$5,041,298$0$0$3,730,208
79$5,359,865$0$0$3,967,431
80$5,704,762$0$0$4,224,339
81$6,078,482$0$0$4,502,797
82$6,483,764$0$0$4,804,856
83$6,923,622$0$0$5,132,772
84$7,401,368$0$0$5,489,027
85$7,920,647$0$0$5,876,350
86$8,485,470$0$0$6,297,745
87$9,100,247$0$0$6,756,516
88$9,769,834$0$0$7,256,297
89$10,499,571$0$0$7,801,091
90$11,295,337$0$0$8,395,300
91$12,163,603$0$0$9,043,772
92$13,111,491$0$0$9,751,840
93$14,146,841$0$0$10,525,377
94$15,278,282$0$0$11,370,850
95$16,515,316$0$0$12,295,374
96$17,868,406$0$0$13,306,789
97$19,349,070$0$0$14,413,721
98$20,969,990$0$0$15,625,675
99$22,745,136$0$0$16,953,114
100$24,689,886$0$0$18,407,560