Can I retire at age 40 with 825,000?

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 $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$68,128$67,521$66,929$66,351$65,787$64,222
2 years$33,727$33,098$32,490$31,899$31,327$29,760
3 years$22,261$21,630$21,023$20,438$19,875$18,355
4 years$16,529$15,900$15,299$14,725$14,175$12,713
5 years$13,091$12,466$11,873$11,310$10,776$9,376
6 years$10,800$10,180$9,595$9,045$8,526$7,190
7 years$9,164$8,549$7,974$7,436$6,934$5,662
8 years$7,938$7,328$6,762$6,238$5,753$4,543
9 years$6,984$6,380$5,824$5,313$4,845$3,697
10 years$6,222$5,624$5,078$4,580$4,128$3,042
11 years$5,599$5,007$4,470$3,986$3,550$2,524
12 years$5,080$4,494$3,967$3,496$3,076$2,108
13 years$4,641$4,061$3,545$3,087$2,683$1,770
14 years$4,265$3,691$3,185$2,740$2,352$1,493
15 years$3,940$3,372$2,875$2,444$2,071$1,264
16 years$3,655$3,094$2,607$2,188$1,830$1,073
17 years$3,404$2,849$2,372$1,966$1,623$914
18 years$3,182$2,633$2,166$1,772$1,443$779
19 years$2,983$2,440$1,982$1,601$1,286$666
20 years$2,804$2,267$1,819$1,450$1,149$570
21 years$2,642$2,112$1,674$1,316$1,028$489
22 years$2,496$1,972$1,542$1,196$921$419
23 years$2,362$1,844$1,424$1,090$827$360
24 years$2,239$1,728$1,317$994$743$309
25 years$2,127$1,621$1,220$908$669$266
26 years$2,023$1,524$1,131$830$603$229
27 years$1,928$1,434$1,051$760$543$197
28 years$1,839$1,351$977$696$490$170
29 years$1,756$1,275$909$638$443$146
30 years$1,679$1,204$847$586$400$126
31 years$1,608$1,138$789$538$362$109
32 years$1,540$1,077$736$494$327$94
33 years$1,477$1,020$688$455$296$81
34 years$1,418$967$642$418$268$70
35 years$1,363$917$601$385$243$60
36 years$1,310$870$562$355$220$52
37 years$1,261$826$526$327$199$45
38 years$1,214$785$492$301$181$39
39 years$1,170$747$461$278$164$33
40 years$1,128$711$432$256$149$29
41 years$1,088$676$406$236$135$25
42 years$1,050$644$380$218$122$21
43 years$1,014$614$357$201$111$19
44 years$980$585$335$186$101$16
45 years$948$558$315$172$92$14
46 years$917$532$295$159$83$12
47 years$887$508$278$147$75$10
48 years$859$485$261$135$69$9
49 years$831$463$245$125$62$8
50 years$805$442$231$116$57$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $825,000, adding $5,865 every year, while hoping to spend $59,841 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: 49/23/28 Blend
39$825,000$825,000$825,000$825,000
40$915,200$871,475$858,687$952,510
41$944,880$850,507$823,783$958,301
42$975,582$826,505$785,704$958,211
43$1,007,346$799,259$744,280$956,949
44$1,040,217$768,544$699,335$954,432
45$1,074,239$734,123$650,682$950,575
46$1,109,461$695,745$598,130$945,287
47$1,145,933$653,144$541,475$938,474
48$1,183,710$606,040$480,506$930,035
49$1,222,848$554,135$415,003$919,867
50$1,263,408$497,117$344,735$907,859
51$1,305,454$434,654$269,461$893,897
52$1,349,054$366,395$188,931$877,861
53$1,394,279$291,971$102,883$859,623
54$1,441,208$210,990$11,041$839,054
55$1,489,922$123,039$0$816,015
56$1,540,508$27,682$0$816,344
57$1,593,061$0$0$819,119
58$1,647,680$0$0$840,090
59$1,704,472$0$0$869,193
60$1,763,551$0$0$899,483
61$1,825,042$0$0$931,023
62$1,889,075$0$0$963,884
63$1,955,792$0$0$998,141
64$2,025,347$0$0$1,033,874
65$2,097,903$0$0$1,071,170
66$2,173,638$0$0$1,110,123
67$2,252,744$0$0$1,150,835
68$2,335,426$0$0$1,193,415
69$2,421,907$0$0$1,237,982
70$2,512,431$0$0$1,284,664
71$2,607,258$0$0$1,333,601
72$2,706,672$0$0$1,384,943
73$2,810,980$0$0$1,438,854
74$2,920,517$0$0$1,495,513
75$3,035,645$0$0$1,555,113
76$3,156,760$0$0$1,617,864
77$3,284,290$0$0$1,683,995
78$3,418,702$0$0$1,753,757
79$3,560,506$0$0$1,827,422
80$3,710,256$0$0$1,905,286
81$3,868,559$0$0$1,987,674
82$4,036,073$0$0$2,074,938
83$4,213,521$0$0$2,167,466
84$4,401,691$0$0$2,265,680
85$4,601,443$0$0$2,370,041
86$4,813,719$0$0$2,481,054
87$5,039,550$0$0$2,599,273
88$5,280,063$0$0$2,725,303
89$5,536,492$0$0$2,859,806
90$5,810,190$0$0$3,003,509
91$6,102,637$0$0$3,157,208
92$6,415,458$0$0$3,321,775
93$6,750,433$0$0$3,498,168
94$7,109,514$0$0$3,687,436
95$7,494,844$0$0$3,890,732
96$7,908,772$0$0$4,109,320
97$8,353,878$0$0$4,344,589
98$8,832,996$0$0$4,598,064
99$9,349,234$0$0$4,871,417
100$9,906,010$0$0$5,166,490