Can I retire at age 40 with 826,000?

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 $826,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$68,210$67,603$67,010$66,431$65,866$64,040
2 years$33,767$33,139$32,529$31,938$31,365$29,539
3 years$22,288$21,656$21,048$20,463$19,899$18,130
4 years$16,549$15,920$15,318$14,743$14,192$12,494
5 years$13,107$12,481$11,887$11,324$10,789$9,166
6 years$10,813$10,192$9,607$9,056$8,537$6,991
7 years$9,175$8,559$7,983$7,445$6,943$5,474
8 years$7,947$7,337$6,770$6,246$5,760$4,367
9 years$6,993$6,388$5,831$5,320$4,850$3,533
10 years$6,229$5,631$5,084$4,586$4,133$2,888
11 years$5,605$5,013$4,476$3,991$3,554$2,381
12 years$5,086$4,499$3,972$3,501$3,080$1,975
13 years$4,646$4,066$3,549$3,091$2,686$1,648
14 years$4,270$3,696$3,189$2,743$2,354$1,380
15 years$3,944$3,376$2,879$2,447$2,073$1,160
16 years$3,659$3,098$2,610$2,191$1,832$978
17 years$3,408$2,853$2,375$1,968$1,625$827
18 years$3,186$2,636$2,168$1,774$1,444$700
19 years$2,986$2,443$1,985$1,603$1,287$594
20 years$2,807$2,270$1,822$1,452$1,150$504
21 years$2,646$2,115$1,676$1,317$1,029$429
22 years$2,499$1,974$1,544$1,198$922$365
23 years$2,365$1,846$1,426$1,091$828$311
24 years$2,242$1,730$1,319$995$744$265
25 years$2,130$1,623$1,221$909$670$226
26 years$2,026$1,526$1,133$831$603$193
27 years$1,930$1,436$1,052$761$544$165
28 years$1,841$1,353$978$697$491$141
29 years$1,758$1,276$910$639$443$120
30 years$1,681$1,205$848$586$400$103
31 years$1,610$1,139$790$539$362$88
32 years$1,542$1,078$737$495$327$75
33 years$1,479$1,021$688$455$296$64
34 years$1,420$968$643$419$268$55
35 years$1,364$918$601$386$243$47
36 years$1,312$871$563$355$220$40
37 years$1,262$827$527$327$200$34
38 years$1,216$786$493$302$181$30
39 years$1,171$748$462$278$164$25
40 years$1,129$711$433$256$149$22
41 years$1,089$677$406$237$135$19
42 years$1,052$645$381$218$123$16
43 years$1,016$615$357$202$111$14
44 years$981$586$335$186$101$12
45 years$949$559$315$172$92$10
46 years$918$533$296$159$83$9
47 years$888$508$278$147$76$7
48 years$860$485$261$136$69$6
49 years$832$464$245$125$62$5
50 years$806$443$231$116$57$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $826,000, adding $6,215 every year, while hoping to spend $21,140 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: 51/28/21 Blend
39$826,000$826,000$826,000$826,000
40$916,663$872,885$860,082$957,768
41$987,670$893,163$866,402$1,007,106
42$1,065,211$913,727$872,225$1,058,041
43$1,149,930$934,567$877,512$1,112,977
44$1,242,537$955,675$882,223$1,172,301
45$1,343,812$977,040$886,314$1,236,439
46$1,454,615$998,649$889,739$1,305,862
47$1,575,892$1,020,490$892,453$1,381,086
48$1,708,687$1,042,547$894,403$1,462,684
49$1,854,146$1,064,805$895,539$1,551,283
50$2,013,534$1,087,246$895,805$1,647,577
51$2,188,243$1,109,849$895,142$1,752,331
52$2,379,806$1,132,594$893,492$1,866,386
53$2,589,912$1,155,457$890,790$1,990,671
54$2,820,421$1,178,412$886,969$2,126,209
55$3,073,381$1,201,431$881,960$2,274,129
56$3,351,050$1,224,485$875,689$2,435,674
57$3,655,912$1,247,540$868,080$2,612,216
58$3,990,707$1,270,561$859,052$2,805,264
59$4,358,450$1,293,510$848,522$3,016,486
60$4,762,465$1,316,345$836,400$3,247,716
61$5,206,412$1,339,022$822,595$3,500,981
62$5,694,325$1,361,492$807,011$3,778,511
63$6,230,645$1,383,705$789,545$4,082,766
64$6,820,268$1,405,604$770,092$4,416,459
65$7,468,587$1,427,130$748,542$4,782,578
66$8,181,543$1,448,219$724,778$5,184,419
67$8,965,683$1,468,804$698,680$5,625,614
68$9,828,217$1,488,810$670,120$6,110,169
69$10,777,093$1,508,160$638,967$6,642,498
70$11,821,066$1,526,769$605,082$7,227,466
71$12,969,782$1,544,548$568,320$7,870,438
72$14,233,871$1,561,402$528,530$8,577,326
73$15,625,044$1,577,229$485,554$9,354,650
74$17,156,206$1,591,920$439,227$10,209,592
75$18,841,574$1,605,359$389,376$11,150,074
76$20,696,815$1,617,423$335,821$12,184,825
77$22,739,194$1,627,980$278,374$13,323,468
78$24,987,731$1,636,890$216,839$14,576,610
79$27,463,387$1,644,005$151,011$15,955,944
80$30,189,257$1,649,166$80,674$17,474,355
81$33,190,791$1,652,205$5,607$19,146,051
82$36,496,032$1,652,943$0$20,986,687
83$40,135,880$1,651,191$0$23,030,218
84$44,144,387$1,646,746$0$25,281,397
85$48,559,072$1,639,395$0$27,759,992
86$53,421,282$1,628,910$0$30,489,171
87$58,776,577$1,615,050$0$33,494,471
88$64,675,161$1,597,561$0$36,804,030
89$71,172,357$1,576,171$0$40,448,863
90$78,329,127$1,550,593$0$44,463,145
91$86,212,650$1,520,524$0$48,884,543
92$94,896,951$1,485,640$0$53,754,566
93$104,463,605$1,445,602$0$59,118,960
94$115,002,503$1,400,047$0$65,028,138
95$126,612,703$1,348,594$0$71,537,661
96$139,403,362$1,290,837$0$78,708,757
97$153,494,767$1,226,350$0$86,608,905
98$169,019,471$1,154,680$0$95,312,468
99$186,123,545$1,075,347$0$104,901,399
100$204,967,953$987,845$0$115,466,014