Can I retire at age 40 with 826,000?

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 $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%17.9%
1 years$68,210$67,603$67,010$66,431$65,866$63,758
2 years$33,767$33,139$32,529$31,938$31,365$29,260
3 years$22,288$21,656$21,048$20,463$19,899$17,864
4 years$16,549$15,920$15,318$14,743$14,192$12,243
5 years$13,107$12,481$11,887$11,324$10,789$8,930
6 years$10,813$10,192$9,607$9,056$8,537$6,770
7 years$9,175$8,559$7,983$7,445$6,943$5,267
8 years$7,947$7,337$6,770$6,246$5,760$4,175
9 years$6,993$6,388$5,831$5,320$4,850$3,355
10 years$6,229$5,631$5,084$4,586$4,133$2,724
11 years$5,605$5,013$4,476$3,991$3,554$2,230
12 years$5,086$4,499$3,972$3,501$3,080$1,837
13 years$4,646$4,066$3,549$3,091$2,686$1,521
14 years$4,270$3,696$3,189$2,743$2,354$1,264
15 years$3,944$3,376$2,879$2,447$2,073$1,055
16 years$3,659$3,098$2,610$2,191$1,832$882
17 years$3,408$2,853$2,375$1,968$1,625$739
18 years$3,186$2,636$2,168$1,774$1,444$621
19 years$2,986$2,443$1,985$1,603$1,287$522
20 years$2,807$2,270$1,822$1,452$1,150$440
21 years$2,646$2,115$1,676$1,317$1,029$371
22 years$2,499$1,974$1,544$1,198$922$313
23 years$2,365$1,846$1,426$1,091$828$265
24 years$2,242$1,730$1,319$995$744$224
25 years$2,130$1,623$1,221$909$670$189
26 years$2,026$1,526$1,133$831$603$160
27 years$1,930$1,436$1,052$761$544$135
28 years$1,841$1,353$978$697$491$115
29 years$1,758$1,276$910$639$443$97
30 years$1,681$1,205$848$586$400$82
31 years$1,610$1,139$790$539$362$70
32 years$1,542$1,078$737$495$327$59
33 years$1,479$1,021$688$455$296$50
34 years$1,420$968$643$419$268$42
35 years$1,364$918$601$386$243$36
36 years$1,312$871$563$355$220$30
37 years$1,262$827$527$327$200$26
38 years$1,216$786$493$302$181$22
39 years$1,171$748$462$278$164$19
40 years$1,129$711$433$256$149$16
41 years$1,089$677$406$237$135$13
42 years$1,052$645$381$218$123$11
43 years$1,016$615$357$202$111$10
44 years$981$586$335$186$101$8
45 years$949$559$315$172$92$7
46 years$918$533$296$159$83$6
47 years$888$508$278$147$76$5
48 years$860$485$261$136$69$4
49 years$832$464$245$125$62$4
50 years$806$443$231$116$57$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $826,000, adding $5,400 every year, while hoping to spend $29,566 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: 58/14/28 Blend
39$826,000$826,000$826,000$826,000
40$915,822$872,044$859,241$961,652
41$977,778$883,316$856,568$1,004,926
42$1,045,062$894,150$852,814$1,048,511
43$1,118,188$904,492$847,912$1,095,427
44$1,197,717$914,287$841,792$1,146,006
45$1,284,272$923,474$834,379$1,200,614
46$1,378,533$931,989$825,596$1,259,656
47$1,481,251$939,765$815,361$1,323,577
48$1,593,253$946,728$803,590$1,392,870
49$1,715,448$952,801$790,194$1,468,080
50$1,848,837$957,902$775,079$1,549,808
51$1,994,522$961,942$758,147$1,638,717
52$2,153,715$964,829$739,297$1,735,538
53$2,327,753$966,464$718,422$1,841,080
54$2,518,104$966,742$695,410$1,956,235
55$2,726,388$965,549$670,143$2,081,987
56$2,954,388$962,769$642,501$2,219,423
57$3,204,065$958,275$612,355$2,369,742
58$3,477,582$951,933$579,571$2,534,267
59$3,777,319$943,601$544,010$2,714,459
60$4,105,897$933,129$505,526$2,911,930
61$4,466,204$920,358$463,967$3,128,456
62$4,861,420$905,118$419,173$3,366,001
63$5,295,047$887,231$370,977$3,626,727
64$5,770,944$866,507$319,207$3,913,024
65$6,293,359$842,746$263,679$4,227,526
66$6,866,976$815,734$204,206$4,573,138
67$7,496,949$785,247$140,589$4,953,067
68$8,188,960$751,046$72,621$5,370,849
69$8,949,267$712,880$87$5,830,385
70$9,784,764$670,483$0$6,335,976
71$10,703,046$623,573$0$6,915,469
72$11,712,480$571,851$0$7,552,525
73$12,822,284$515,003$0$8,252,964
74$14,042,615$452,697$0$9,023,229
75$15,384,663$384,579$0$9,870,418
76$16,860,754$310,280$0$10,802,357
77$18,484,474$229,406$0$11,827,668
78$20,270,785$141,542$0$12,955,856
79$22,236,180$46,252$0$14,197,395
80$24,398,824$0$0$15,563,828
81$26,778,736$0$0$17,076,649
82$29,397,973$0$0$18,749,524
83$32,280,838$0$0$20,590,861
84$35,454,110$0$0$22,617,774
85$38,947,295$0$0$24,849,122
86$42,792,907$0$0$27,305,683
87$47,026,770$0$0$30,010,355
88$51,688,360$0$0$32,988,368
89$56,821,176$0$0$36,267,523
90$62,473,147$0$0$39,878,452
91$68,697,091$0$0$43,854,914
92$75,551,205$0$0$48,234,103
93$83,099,619$0$0$53,057,009
94$91,413,000$0$0$58,368,796
95$100,569,219$0$0$64,219,234
96$110,654,083$0$0$70,663,167
97$121,762,147$0$0$77,761,029
98$133,997,607$0$0$85,579,415
99$147,475,278$0$0$94,191,709
100$162,321,684$0$0$103,678,777