Can I retire at age 40 with 830,000?

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 $830,000?

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$68,541$67,930$67,334$66,753$66,185$64,067
2 years$33,931$33,299$32,687$32,093$31,517$29,402
3 years$22,396$21,761$21,150$20,562$19,996$17,951
4 years$16,630$15,997$15,392$14,814$14,261$12,302
5 years$13,171$12,542$11,945$11,378$10,841$8,973
6 years$10,865$10,241$9,653$9,099$8,578$6,802
7 years$9,220$8,601$8,022$7,481$6,976$5,293
8 years$7,986$7,372$6,803$6,276$5,788$4,195
9 years$7,026$6,419$5,860$5,346$4,874$3,371
10 years$6,260$5,658$5,109$4,608$4,153$2,737
11 years$5,633$5,037$4,497$4,010$3,572$2,240
12 years$5,110$4,521$3,991$3,518$3,095$1,846
13 years$4,669$4,086$3,566$3,105$2,699$1,528
14 years$4,291$3,714$3,204$2,757$2,366$1,270
15 years$3,963$3,393$2,893$2,458$2,083$1,060
16 years$3,677$3,113$2,623$2,201$1,841$886
17 years$3,425$2,867$2,387$1,978$1,632$743
18 years$3,201$2,649$2,179$1,782$1,451$624
19 years$3,001$2,455$1,995$1,611$1,294$525
20 years$2,821$2,281$1,830$1,459$1,156$442
21 years$2,658$2,125$1,684$1,324$1,034$373
22 years$2,511$1,983$1,552$1,204$927$315
23 years$2,376$1,855$1,433$1,096$832$266
24 years$2,253$1,738$1,325$1,000$748$225
25 years$2,140$1,631$1,227$913$673$190
26 years$2,036$1,533$1,138$835$606$161
27 years$1,939$1,443$1,057$764$547$136
28 years$1,850$1,359$983$700$493$115
29 years$1,767$1,283$914$642$445$98
30 years$1,690$1,211$852$589$402$83
31 years$1,617$1,145$794$541$364$70
32 years$1,550$1,083$741$497$329$59
33 years$1,486$1,026$692$457$298$50
34 years$1,427$972$646$421$270$43
35 years$1,371$922$604$387$244$36
36 years$1,318$875$565$357$221$31
37 years$1,268$831$529$329$201$26
38 years$1,221$790$495$303$182$22
39 years$1,177$751$464$279$165$19
40 years$1,135$715$435$258$150$16
41 years$1,095$680$408$238$136$13
42 years$1,057$648$383$219$123$11
43 years$1,021$617$359$203$112$10
44 years$986$589$337$187$101$8
45 years$953$561$317$173$92$7
46 years$922$535$297$160$84$6
47 years$892$511$279$147$76$5
48 years$864$488$262$136$69$4
49 years$836$466$247$126$63$4
50 years$810$445$232$116$57$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $830,000, adding $6,222 every year, while hoping to spend $46,130 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: 82/12/6 Blend
39$830,000$830,000$830,000$830,000
40$921,078$877,088$864,223$995,734
41$965,946$870,983$844,093$1,039,341
42$1,013,844$863,033$821,742$1,080,379
43$1,065,034$853,099$797,047$1,124,000
44$1,119,799$841,033$769,880$1,170,436
45$1,178,454$826,679$740,107$1,219,941
46$1,241,342$809,872$707,585$1,272,796
47$1,308,838$790,435$672,169$1,329,311
48$1,381,357$768,184$633,704$1,389,826
49$1,459,352$742,921$592,029$1,454,717
50$1,543,320$714,439$546,977$1,524,396
51$1,633,810$682,517$498,372$1,599,321
52$1,731,421$646,924$446,030$1,679,994
53$1,836,814$607,411$389,760$1,766,967
54$1,950,714$563,719$329,362$1,860,852
55$2,073,918$515,572$264,627$1,962,320
56$2,207,302$462,680$195,336$2,072,115
57$2,351,830$404,733$121,262$2,191,053
58$2,508,559$341,408$42,168$2,320,037
59$2,678,656$272,361$0$2,460,060
60$2,863,400$197,228$0$2,614,922
61$3,064,202$115,627$0$2,786,184
62$3,282,610$27,152$0$2,972,494
63$3,520,330$0$0$3,175,339
64$3,779,239$0$0$3,405,420
65$4,061,402$0$0$3,660,089
66$4,369,090$0$0$3,937,815
67$4,704,806$0$0$4,240,858
68$5,071,302$0$0$4,571,705
69$5,471,609$0$0$4,933,094
70$5,909,062$0$0$5,328,039
71$6,387,335$0$0$5,759,860
72$6,910,472$0$0$6,232,209
73$7,482,925$0$0$6,749,111
74$8,109,598$0$0$7,314,995
75$8,795,888$0$0$7,934,740
76$9,547,742$0$0$8,613,718
77$10,371,707$0$0$9,357,845
78$11,274,995$0$0$10,173,637
79$12,265,548$0$0$11,068,270
80$13,352,112$0$0$12,049,650
81$14,544,324$0$0$13,126,480
82$15,852,796$0$0$14,308,353
83$17,289,218$0$0$15,605,830
84$18,866,467$0$0$17,030,547
85$20,598,728$0$0$18,595,322
86$22,501,629$0$0$20,314,276
87$24,592,383$0$0$22,202,964
88$26,889,955$0$0$24,278,521
89$29,415,237$0$0$26,559,827
90$32,191,248$0$0$29,067,681
91$35,243,344$0$0$31,824,997
92$38,599,465$0$0$34,857,019
93$42,290,391$0$0$38,191,563
94$46,350,036$0$0$41,859,273
95$50,815,764$0$0$45,893,913
96$55,728,745$0$0$50,332,684
97$61,134,337$0$0$55,216,573
98$67,082,519$0$0$60,590,742
99$73,628,359$0$0$66,504,952
100$80,832,533$0$0$73,014,031