Can I retire at age 40 with 827,000?

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 $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%13.3%
1 years$68,293$67,685$67,091$66,512$65,946$65,041
2 years$33,808$33,179$32,568$31,977$31,403$30,493
3 years$22,315$21,683$21,074$20,488$19,923$19,036
4 years$16,569$15,939$15,336$14,760$14,209$13,352
5 years$13,123$12,496$11,902$11,337$10,802$9,977
6 years$10,826$10,204$9,618$9,067$8,547$7,756
7 years$9,186$8,570$7,993$7,454$6,951$6,194
8 years$7,957$7,346$6,779$6,253$5,767$5,043
9 years$7,001$6,396$5,838$5,326$4,856$4,166
10 years$6,237$5,638$5,090$4,591$4,138$3,480
11 years$5,612$5,019$4,481$3,996$3,559$2,933
12 years$5,092$4,505$3,977$3,505$3,084$2,490
13 years$4,652$4,071$3,553$3,094$2,689$2,126
14 years$4,275$3,700$3,193$2,747$2,357$1,823
15 years$3,949$3,380$2,882$2,450$2,076$1,571
16 years$3,664$3,101$2,613$2,193$1,834$1,357
17 years$3,413$2,856$2,378$1,971$1,627$1,176
18 years$3,189$2,639$2,171$1,776$1,446$1,022
19 years$2,990$2,446$1,987$1,605$1,289$890
20 years$2,811$2,273$1,824$1,453$1,151$776
21 years$2,649$2,117$1,678$1,319$1,030$678
22 years$2,502$1,976$1,546$1,199$924$593
23 years$2,368$1,848$1,428$1,092$829$519
24 years$2,245$1,732$1,320$996$745$455
25 years$2,132$1,625$1,223$910$671$399
26 years$2,028$1,527$1,134$832$604$350
27 years$1,932$1,438$1,053$761$545$308
28 years$1,843$1,355$979$698$491$270
29 years$1,760$1,278$911$640$444$238
30 years$1,683$1,207$849$587$401$209
31 years$1,611$1,141$791$539$362$184
32 years$1,544$1,079$738$496$328$162
33 years$1,481$1,022$689$456$297$143
34 years$1,422$969$644$419$269$126
35 years$1,366$919$602$386$243$111
36 years$1,313$872$563$355$220$98
37 years$1,264$828$527$328$200$86
38 years$1,217$787$494$302$181$76
39 years$1,173$749$463$278$164$67
40 years$1,131$712$434$257$149$59
41 years$1,091$678$406$237$135$52
42 years$1,053$646$381$219$123$46
43 years$1,017$615$358$202$111$40
44 years$983$586$336$186$101$36
45 years$950$559$315$172$92$31
46 years$919$533$296$159$83$28
47 years$889$509$278$147$76$25
48 years$861$486$261$136$69$22
49 years$833$464$246$125$62$19
50 years$807$443$231$116$57$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $827,000, adding $6,806 every year, while hoping to spend $41,029 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: 45/28/27 Blend
39$827,000$827,000$827,000$827,000
40$918,374$874,543$861,725$952,271
41$968,394$873,741$846,938$976,193
42$1,022,141$871,525$830,281$997,642
43$1,079,951$867,782$811,647$1,020,108
44$1,142,195$862,392$790,926$1,043,710
45$1,209,278$855,229$768,002$1,068,579
46$1,281,647$846,158$742,753$1,094,864
47$1,359,792$835,037$715,052$1,122,730
48$1,444,252$821,714$684,767$1,152,363
49$1,535,618$806,030$651,759$1,183,972
50$1,634,541$787,815$615,883$1,217,787
51$1,741,736$766,890$576,987$1,254,070
52$1,857,989$743,065$534,912$1,293,111
53$1,984,167$716,138$489,495$1,335,232
54$2,121,220$685,896$440,560$1,380,796
55$2,270,193$652,114$387,928$1,430,205
56$2,432,240$614,555$331,411$1,483,906
57$2,608,625$572,965$270,810$1,542,400
58$2,800,744$527,078$205,921$1,606,242
59$3,010,128$476,614$136,527$1,676,049
60$3,238,466$421,273$62,407$1,752,510
61$3,487,617$360,742$0$1,836,387
62$3,759,623$294,688$0$1,933,338
63$4,056,737$222,760$0$2,058,995
64$4,381,435$144,587$0$2,196,479
65$4,736,447$59,777$0$2,347,029
66$5,124,775$0$0$2,512,010
67$5,549,727$0$0$2,702,821
68$6,014,943$0$0$2,931,969
69$6,524,435$0$0$3,183,025
70$7,082,619$0$0$3,458,176
71$7,694,356$0$0$3,759,833
72$8,365,004$0$0$4,090,649
73$9,100,462$0$0$4,453,550
74$9,907,227$0$0$4,851,754
75$10,792,454$0$0$5,288,810
76$11,764,028$0$0$5,768,623
77$12,830,631$0$0$6,295,499
78$14,001,827$0$0$6,874,178
79$15,288,154$0$0$7,509,884
80$16,701,217$0$0$8,208,369
81$18,253,803$0$0$8,975,973
82$19,959,998$0$0$9,819,678
83$21,835,321$0$0$10,747,179
84$23,896,868$0$0$11,766,950
85$26,163,474$0$0$12,888,329
86$28,655,893$0$0$14,121,606
87$31,396,985$0$0$15,478,115
88$34,411,942$0$0$16,970,346
89$37,728,517$0$0$18,612,057
90$41,377,290$0$0$20,418,412
91$45,391,952$0$0$22,406,114
92$49,809,626$0$0$24,593,571
93$54,671,215$0$0$27,001,061
94$60,021,788$0$0$29,650,933
95$65,911,004$0$0$32,567,808
96$72,393,581$0$0$35,778,818
97$79,529,809$0$0$39,313,857
98$87,386,123$0$0$43,205,867
99$96,035,726$0$0$47,491,144
100$105,559,279$0$0$52,209,685