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%19.7%
1 years$68,293$67,685$67,091$66,512$65,946$63,380
2 years$33,808$33,179$32,568$31,977$31,403$28,848
3 years$22,315$21,683$21,074$20,488$19,923$17,461
4 years$16,569$15,939$15,336$14,760$14,209$11,858
5 years$13,123$12,496$11,902$11,337$10,802$8,567
6 years$10,826$10,204$9,618$9,067$8,547$6,431
7 years$9,186$8,570$7,993$7,454$6,951$4,953
8 years$7,957$7,346$6,779$6,253$5,767$3,884
9 years$7,001$6,396$5,838$5,326$4,856$3,087
10 years$6,237$5,638$5,090$4,591$4,138$2,478
11 years$5,612$5,019$4,481$3,996$3,559$2,005
12 years$5,092$4,505$3,977$3,505$3,084$1,632
13 years$4,652$4,071$3,553$3,094$2,689$1,334
14 years$4,275$3,700$3,193$2,747$2,357$1,096
15 years$3,949$3,380$2,882$2,450$2,076$902
16 years$3,664$3,101$2,613$2,193$1,834$745
17 years$3,413$2,856$2,378$1,971$1,627$616
18 years$3,189$2,639$2,171$1,776$1,446$511
19 years$2,990$2,446$1,987$1,605$1,289$424
20 years$2,811$2,273$1,824$1,453$1,151$352
21 years$2,649$2,117$1,678$1,319$1,030$293
22 years$2,502$1,976$1,546$1,199$924$244
23 years$2,368$1,848$1,428$1,092$829$203
24 years$2,245$1,732$1,320$996$745$169
25 years$2,132$1,625$1,223$910$671$141
26 years$2,028$1,527$1,134$832$604$117
27 years$1,932$1,438$1,053$761$545$98
28 years$1,843$1,355$979$698$491$82
29 years$1,760$1,278$911$640$444$68
30 years$1,683$1,207$849$587$401$57
31 years$1,611$1,141$791$539$362$48
32 years$1,544$1,079$738$496$328$40
33 years$1,481$1,022$689$456$297$33
34 years$1,422$969$644$419$269$28
35 years$1,366$919$602$386$243$23
36 years$1,313$872$563$355$220$19
37 years$1,264$828$527$328$200$16
38 years$1,217$787$494$302$181$13
39 years$1,173$749$463$278$164$11
40 years$1,131$712$434$257$149$9
41 years$1,091$678$406$237$135$8
42 years$1,053$646$381$219$123$7
43 years$1,017$615$358$202$111$5
44 years$983$586$336$186$101$5
45 years$950$559$315$172$92$4
46 years$919$533$296$159$83$3
47 years$889$509$278$147$76$3
48 years$861$486$261$136$69$2
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 $5,724 every year, while hoping to spend $56,044 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: 54/30/16 Blend
39$827,000$827,000$827,000$827,000
40$917,258$873,427$860,609$962,576
41$951,188$856,595$829,809$977,301
42$986,701$837,059$796,099$986,853
43$1,023,898$814,629$759,322$995,994
44$1,062,891$789,101$719,314$1,004,698
45$1,103,799$760,261$675,905$1,012,943
46$1,146,754$727,881$628,915$1,020,704
47$1,191,897$691,720$578,157$1,027,959
48$1,239,381$651,526$523,437$1,034,689
49$1,289,376$607,028$464,549$1,040,874
50$1,342,062$557,943$401,282$1,046,498
51$1,397,640$503,969$333,412$1,051,549
52$1,456,324$444,789$260,707$1,056,018
53$1,518,353$380,067$182,924$1,059,898
54$1,583,984$309,449$99,811$1,063,191
55$1,653,497$232,559$11,101$1,065,902
56$1,727,201$149,002$0$1,068,045
57$1,805,433$58,360$0$1,083,906
58$1,888,558$0$0$1,102,200
59$1,976,980$0$0$1,134,264
60$2,071,138$0$0$1,188,967
61$2,171,514$0$0$1,247,327
62$2,278,636$0$0$1,309,659
63$2,393,082$0$0$1,376,305
64$2,515,485$0$0$1,447,640
65$2,646,540$0$0$1,524,076
66$2,787,008$0$0$1,606,064
67$2,937,726$0$0$1,694,102
68$3,099,610$0$0$1,788,732
69$3,273,666$0$0$1,890,552
70$3,460,999$0$0$2,000,218
71$3,662,824$0$0$2,118,450
72$3,880,472$0$0$2,246,040
73$4,115,407$0$0$2,383,856
74$4,369,238$0$0$2,532,854
75$4,643,733$0$0$2,694,083
76$4,940,834$0$0$2,868,699
77$5,262,678$0$0$3,057,970
78$5,611,614$0$0$3,263,292
79$5,990,223$0$0$3,486,198
80$6,401,346$0$0$3,728,378
81$6,848,108$0$0$3,991,688
82$7,333,945$0$0$4,278,170
83$7,862,639$0$0$4,590,072
84$8,438,349$0$0$4,929,868
85$9,065,653$0$0$5,300,278
86$9,749,591$0$0$5,704,298
87$10,495,706$0$0$6,145,225
88$11,310,102$0$0$6,626,689
89$12,199,497$0$0$7,152,682
90$13,171,287$0$0$7,727,605
91$14,233,614$0$0$8,356,298
92$15,395,442$0$0$9,044,093
93$16,666,642$0$0$9,796,859
94$18,058,081$0$0$10,621,062
95$19,581,728$0$0$11,523,818
96$21,250,761$0$0$12,512,966
97$23,079,694$0$0$13,597,140
98$25,084,510$0$0$14,785,847
99$27,282,815$0$0$16,089,558
100$29,693,996$0$0$17,519,808