Can I retire at age 40 with 835,000?

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 $835,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$68,954$68,339$67,740$67,155$66,584$65,400
2 years$34,135$33,500$32,884$32,286$31,707$30,518
3 years$22,531$21,892$21,278$20,686$20,116$18,960
4 years$16,730$16,093$15,485$14,903$14,347$13,232
5 years$13,250$12,617$12,017$11,447$10,906$9,835
6 years$10,931$10,303$9,711$9,154$8,630$7,604
7 years$9,275$8,652$8,070$7,526$7,018$6,039
8 years$8,034$7,417$6,844$6,314$5,822$4,888
9 years$7,069$6,458$5,895$5,378$4,903$4,014
10 years$6,297$5,692$5,139$4,636$4,178$3,333
11 years$5,666$5,067$4,525$4,034$3,593$2,792
12 years$5,141$4,548$4,015$3,539$3,114$2,354
13 years$4,697$4,110$3,588$3,124$2,715$1,997
14 years$4,317$3,736$3,223$2,773$2,380$1,702
15 years$3,987$3,413$2,910$2,473$2,096$1,456
16 years$3,699$3,131$2,639$2,215$1,852$1,249
17 years$3,446$2,884$2,401$1,990$1,642$1,075
18 years$3,220$2,665$2,192$1,793$1,460$927
19 years$3,019$2,470$2,007$1,620$1,302$801
20 years$2,838$2,295$1,841$1,467$1,163$694
21 years$2,674$2,138$1,694$1,332$1,040$601
22 years$2,526$1,995$1,561$1,211$933$522
23 years$2,390$1,866$1,441$1,103$837$453
24 years$2,267$1,749$1,333$1,006$752$394
25 years$2,153$1,641$1,235$919$677$343
26 years$2,048$1,542$1,145$840$610$299
27 years$1,951$1,451$1,063$769$550$260
28 years$1,861$1,368$989$704$496$227
29 years$1,778$1,290$920$646$448$198
30 years$1,700$1,218$857$593$405$173
31 years$1,627$1,152$799$544$366$151
32 years$1,559$1,090$745$500$331$132
33 years$1,495$1,032$696$460$300$115
34 years$1,436$978$650$423$271$100
35 years$1,379$928$608$390$246$88
36 years$1,326$881$569$359$223$77
37 years$1,276$836$532$331$202$67
38 years$1,229$795$498$305$183$59
39 years$1,184$756$467$281$166$51
40 years$1,142$719$438$259$150$45
41 years$1,101$685$410$239$136$39
42 years$1,063$652$385$221$124$34
43 years$1,027$621$361$204$112$30
44 years$992$592$339$188$102$26
45 years$959$565$318$174$93$23
46 years$928$539$299$160$84$20
47 years$898$514$281$148$76$18
48 years$869$491$264$137$69$15
49 years$842$469$248$127$63$13
50 years$815$448$233$117$57$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $835,000, adding $2,668 every year, while hoping to spend $22,913 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: 64/23/13 Blend
39$835,000$835,000$835,000$835,000
40$922,922$878,667$865,725$979,006
41$992,681$897,342$870,347$1,035,528
42$1,068,787$916,165$874,356$1,094,346
43$1,151,864$935,118$877,708$1,158,026
44$1,242,598$954,182$880,355$1,227,040
45$1,341,743$973,338$882,248$1,301,909
46$1,450,133$992,563$883,334$1,383,209
47$1,568,681$1,011,833$883,560$1,471,571
48$1,698,396$1,031,122$882,869$1,567,692
49$1,840,388$1,050,403$881,201$1,672,341
50$1,995,878$1,069,644$878,492$1,786,363
51$2,166,214$1,088,812$874,678$1,910,692
52$2,352,877$1,107,873$869,689$2,046,355
53$2,557,499$1,126,787$863,452$2,194,484
54$2,781,878$1,145,515$855,892$2,356,327
55$3,027,995$1,164,010$846,929$2,533,259
56$3,298,030$1,182,226$836,481$2,726,797
57$3,594,386$1,200,112$824,460$2,938,610
58$3,919,709$1,217,613$810,775$3,170,539
59$4,276,914$1,234,671$795,331$3,424,614
60$4,669,211$1,251,222$778,026$3,703,071
61$5,100,139$1,267,200$758,758$4,008,374
62$5,573,593$1,282,532$737,417$4,343,239
63$6,093,867$1,297,144$713,887$4,710,661
64$6,665,689$1,310,951$688,050$5,113,938
65$7,294,270$1,323,868$659,781$5,556,709
66$7,985,349$1,335,802$628,947$6,042,981
67$8,745,251$1,346,653$595,413$6,577,172
68$9,580,943$1,356,315$559,036$7,164,152
69$10,500,102$1,364,677$519,666$7,809,288
70$11,511,184$1,371,618$477,147$8,518,494
71$12,623,510$1,377,012$431,316$9,298,291
72$13,847,345$1,380,723$382,003$10,155,865
73$15,194,003$1,382,607$329,028$11,099,136
74$16,675,948$1,382,512$272,208$12,136,833
75$18,306,915$1,380,275$211,347$13,278,577
76$20,102,036$1,375,724$146,243$14,534,973
77$22,077,985$1,368,676$76,683$15,917,709
78$24,253,136$1,358,938$2,449$17,439,665
79$26,647,733$1,346,303$0$19,115,041
80$29,284,083$1,330,553$0$20,970,133
81$32,186,767$1,311,458$0$23,012,593
82$35,382,869$1,288,771$0$25,261,124
83$38,902,235$1,262,234$0$27,736,714
84$42,777,751$1,231,572$0$30,462,489
85$47,045,656$1,196,493$0$33,463,937
86$51,745,881$1,156,689$0$36,769,148
87$56,922,428$1,111,834$0$40,409,076
88$62,623,785$1,061,584$0$44,417,834
89$68,903,381$1,005,571$0$48,833,017
90$75,820,093$943,412$0$53,696,056
91$83,438,800$874,696$0$59,052,611
92$91,830,994$798,992$0$64,952,999
93$101,075,457$715,845$0$71,452,674
94$111,259,003$624,770$0$78,612,745
95$122,477,297$525,260$0$86,500,562
96$134,835,758$416,774$0$95,190,344
97$148,450,554$298,745$0$104,763,885
98$163,449,698$170,570$0$115,311,323
99$179,974,256$31,617$0$126,931,997
100$198,179,678$0$0$139,735,382