Can I retire at age 40 with 831,000?

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 $831,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$68,623$68,012$67,416$66,833$66,265$64,016
2 years$33,972$33,339$32,726$32,131$31,555$29,311
3 years$22,423$21,788$21,176$20,587$20,020$17,852
4 years$16,650$16,016$15,411$14,832$14,278$12,204
5 years$13,187$12,557$11,959$11,392$10,854$8,878
6 years$10,879$10,254$9,665$9,110$8,588$6,712
7 years$9,231$8,611$8,032$7,490$6,985$5,208
8 years$7,995$7,381$6,811$6,283$5,794$4,116
9 years$7,035$6,427$5,867$5,352$4,880$3,297
10 years$6,267$5,665$5,115$4,613$4,158$2,669
11 years$5,639$5,043$4,503$4,015$3,576$2,177
12 years$5,117$4,526$3,996$3,522$3,099$1,787
13 years$4,674$4,090$3,570$3,109$2,702$1,475
14 years$4,296$3,718$3,208$2,760$2,369$1,222
15 years$3,968$3,397$2,896$2,461$2,086$1,016
16 years$3,682$3,116$2,626$2,204$1,843$846
17 years$3,429$2,870$2,390$1,980$1,634$707
18 years$3,205$2,652$2,181$1,785$1,453$592
19 years$3,004$2,458$1,997$1,613$1,295$496
20 years$2,824$2,284$1,833$1,460$1,157$416
21 years$2,662$2,127$1,686$1,325$1,035$349
22 years$2,514$1,986$1,554$1,205$928$294
23 years$2,379$1,857$1,435$1,098$833$247
24 years$2,256$1,740$1,327$1,001$749$208
25 years$2,142$1,633$1,229$914$674$175
26 years$2,038$1,535$1,140$836$607$148
27 years$1,942$1,444$1,058$765$547$125
28 years$1,852$1,361$984$701$494$105
29 years$1,769$1,284$915$643$446$89
30 years$1,692$1,213$853$590$403$75
31 years$1,619$1,146$795$542$364$63
32 years$1,552$1,085$742$498$329$53
33 years$1,488$1,027$693$458$298$45
34 years$1,429$974$647$421$270$38
35 years$1,373$923$605$388$244$32
36 years$1,320$876$566$357$222$27
37 years$1,270$832$530$329$201$23
38 years$1,223$791$496$303$182$19
39 years$1,178$752$465$280$165$16
40 years$1,136$716$436$258$150$14
41 years$1,096$681$408$238$136$12
42 years$1,058$649$383$220$123$10
43 years$1,022$618$360$203$112$8
44 years$987$589$337$187$102$7
45 years$955$562$317$173$92$6
46 years$923$536$298$160$84$5
47 years$893$512$280$148$76$4
48 years$865$488$263$136$69$4
49 years$837$466$247$126$63$3
50 years$811$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 $831,000, adding $6,723 every year, while hoping to spend $35,024 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: 68/24/8 Blend
39$831,000$831,000$831,000$831,000
40$922,697$878,654$865,773$983,643
41$979,547$884,443$857,511$1,030,722
42$1,041,021$889,341$847,799$1,077,317
43$1,107,555$893,269$836,550$1,127,336
44$1,179,627$896,140$823,676$1,181,106
45$1,257,762$897,864$809,082$1,238,993
46$1,342,537$898,343$792,670$1,301,395
47$1,434,589$897,475$774,337$1,368,756
48$1,534,617$895,150$753,977$1,441,562
49$1,643,388$891,253$731,476$1,520,352
50$1,761,750$885,661$706,716$1,605,719
51$1,890,633$878,243$679,576$1,698,317
52$2,031,061$868,861$649,925$1,798,869
53$2,184,162$857,367$617,631$1,908,171
54$2,351,176$843,608$582,551$2,027,103
55$2,533,469$827,417$544,539$2,156,634
56$2,732,544$808,622$503,442$2,297,835
57$2,950,055$787,035$459,098$2,451,885
58$3,187,824$762,464$411,342$2,620,086
59$3,447,856$734,699$359,996$2,803,875
60$3,732,361$703,522$304,879$3,004,837
61$4,043,769$668,702$245,800$3,224,720
62$4,384,757$629,993$182,558$3,465,452
63$4,758,276$587,135$114,947$3,729,161
64$5,167,570$539,855$42,748$4,018,192
65$5,616,217$487,863$0$4,335,134
66$6,108,155$430,852$0$4,685,769
67$6,647,722$368,499$0$5,074,404
68$7,239,696$300,462$0$5,500,879
69$7,889,338$226,378$0$5,969,047
70$8,602,447$145,867$0$6,483,156
71$9,385,408$58,526$0$7,047,890
72$10,245,254$0$0$7,668,411
73$11,189,735$0$0$8,359,941
74$12,227,385$0$0$9,136,721
75$13,367,610$0$0$9,990,341
76$14,620,767$0$0$10,928,563
77$15,998,271$0$0$11,959,938
78$17,512,695$0$0$13,093,888
79$19,177,893$0$0$14,340,794
80$21,009,126$0$0$15,712,091
81$23,023,210$0$0$17,220,379
82$25,238,672$0$0$18,879,540
83$27,675,925$0$0$20,704,870
84$30,357,459$0$0$22,713,222
85$33,308,055$0$0$24,923,164
86$36,555,017$0$0$27,355,156
87$40,128,429$0$0$30,031,741
88$44,061,441$0$0$32,977,757
89$48,390,578$0$0$36,220,575
90$53,156,085$0$0$39,790,352
91$58,402,308$0$0$43,720,316
92$64,178,111$0$0$48,047,085
93$70,537,338$0$0$52,811,004
94$77,539,316$0$0$58,056,531
95$85,249,423$0$0$63,832,654
96$93,739,695$0$0$70,193,354
97$103,089,512$0$0$77,198,113
98$113,386,344$0$0$84,912,476
99$124,726,576$0$0$93,408,669
100$137,216,419$0$0$102,766,280