Can I retire at age 40 with 827,000?

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 $827,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$68,293$67,685$67,091$66,512$65,946$63,556
2 years$33,808$33,179$32,568$31,977$31,403$29,021
3 years$22,315$21,683$21,074$20,488$19,923$17,625
4 years$16,569$15,939$15,336$14,760$14,209$12,011
5 years$13,123$12,496$11,902$11,337$10,802$8,710
6 years$10,826$10,204$9,618$9,067$8,547$6,564
7 years$9,186$8,570$7,993$7,454$6,951$5,075
8 years$7,957$7,346$6,779$6,253$5,767$3,997
9 years$7,001$6,396$5,838$5,326$4,856$3,190
10 years$6,237$5,638$5,090$4,591$4,138$2,572
11 years$5,612$5,019$4,481$3,996$3,559$2,090
12 years$5,092$4,505$3,977$3,505$3,084$1,709
13 years$4,652$4,071$3,553$3,094$2,689$1,405
14 years$4,275$3,700$3,193$2,747$2,357$1,159
15 years$3,949$3,380$2,882$2,450$2,076$959
16 years$3,664$3,101$2,613$2,193$1,834$796
17 years$3,413$2,856$2,378$1,971$1,627$662
18 years$3,189$2,639$2,171$1,776$1,446$551
19 years$2,990$2,446$1,987$1,605$1,289$460
20 years$2,811$2,273$1,824$1,453$1,151$384
21 years$2,649$2,117$1,678$1,319$1,030$321
22 years$2,502$1,976$1,546$1,199$924$269
23 years$2,368$1,848$1,428$1,092$829$225
24 years$2,245$1,732$1,320$996$745$189
25 years$2,132$1,625$1,223$910$671$158
26 years$2,028$1,527$1,134$832$604$133
27 years$1,932$1,438$1,053$761$545$111
28 years$1,843$1,355$979$698$491$93
29 years$1,760$1,278$911$640$444$78
30 years$1,683$1,207$849$587$401$66
31 years$1,611$1,141$791$539$362$55
32 years$1,544$1,079$738$496$328$46
33 years$1,481$1,022$689$456$297$39
34 years$1,422$969$644$419$269$33
35 years$1,366$919$602$386$243$27
36 years$1,313$872$563$355$220$23
37 years$1,264$828$527$328$200$19
38 years$1,217$787$494$302$181$16
39 years$1,173$749$463$278$164$14
40 years$1,131$712$434$257$149$11
41 years$1,091$678$406$237$135$10
42 years$1,053$646$381$219$123$8
43 years$1,017$615$358$202$111$7
44 years$983$586$336$186$101$6
45 years$950$559$315$172$92$5
46 years$919$533$296$159$83$4
47 years$889$509$278$147$76$3
48 years$861$486$261$136$69$3
49 years$833$464$246$125$62$2
50 years$807$443$231$116$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $827,000, adding $3,539 every year, while hoping to spend $33,910 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: 65/11/24 Blend
39$827,000$827,000$827,000$827,000
40$915,004$871,173$858,355$968,558
41$972,255$877,781$851,030$1,011,679
42$1,034,208$883,576$842,323$1,054,656
43$1,101,309$888,482$832,152$1,100,857
44$1,174,044$892,420$820,431$1,150,601
45$1,252,951$895,303$807,070$1,204,240
46$1,338,621$897,041$791,975$1,262,164
47$1,431,701$897,537$775,047$1,324,801
48$1,532,906$896,688$756,183$1,392,627
49$1,643,022$894,385$735,275$1,466,164
50$1,762,914$890,513$712,209$1,545,991
51$1,893,531$884,949$686,869$1,632,745
52$2,035,923$877,562$659,130$1,727,130
53$2,191,239$868,215$628,863$1,829,925
54$2,360,749$856,761$595,934$1,941,987
55$2,545,848$843,045$560,200$2,064,263
56$2,748,072$826,903$521,515$2,197,798
57$2,969,114$808,159$479,724$2,343,745
58$3,210,835$786,630$434,666$2,503,379
59$3,475,286$762,121$386,174$2,678,103
60$3,764,725$734,425$334,070$2,869,467
61$4,081,639$703,323$278,173$3,079,181
62$4,428,763$668,584$218,289$3,309,133
63$4,809,115$629,962$154,220$3,561,404
64$5,226,014$587,200$85,756$3,838,292
65$5,683,118$540,022$12,678$4,142,331
66$6,184,453$488,141$0$4,476,315
67$6,734,457$431,250$0$4,860,052
68$7,338,016$369,025$0$5,284,773
69$8,000,512$301,126$0$5,751,042
70$8,727,875$227,191$0$6,263,065
71$9,526,634$146,840$0$6,825,475
72$10,403,986$59,670$0$7,443,378
73$11,367,855$0$0$8,122,402
74$12,426,972$0$0$8,872,955
75$13,590,956$0$0$9,705,820
76$14,870,405$0$0$10,621,363
77$16,276,992$0$0$11,627,947
78$17,823,580$0$0$12,734,783
79$19,524,339$0$0$13,952,021
80$21,394,883$0$0$15,290,844
81$23,452,412$0$0$16,763,572
82$25,715,880$0$0$18,383,779
83$28,206,168$0$0$20,166,422
84$30,946,285$0$0$22,127,982
85$33,961,580$0$0$24,286,614
86$37,279,988$0$0$26,662,328
87$40,932,284$0$0$29,277,165
88$44,952,381$0$0$32,155,418
89$49,377,646$0$0$35,323,850
90$54,249,251$0$0$38,811,952
91$59,612,565$0$0$42,652,221
92$65,517,579$0$0$46,880,462
93$72,019,378$0$0$51,536,132
94$79,178,658$0$0$56,662,707
95$87,062,304$0$0$62,308,094
96$95,744,015$0$0$68,525,083
97$105,305,004$0$0$75,371,844
98$115,834,760$0$0$82,912,477
99$127,431,893$0$0$91,217,615
100$140,205,066$0$0$100,365,090