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%16.1%
1 years$68,954$68,339$67,740$67,155$66,584$64,922
2 years$34,135$33,500$32,884$32,286$31,707$30,042
3 years$22,531$21,892$21,278$20,686$20,116$18,502
4 years$16,730$16,093$15,485$14,903$14,347$12,795
5 years$13,250$12,617$12,017$11,447$10,906$9,422
6 years$10,931$10,303$9,711$9,154$8,630$7,213
7 years$9,275$8,652$8,070$7,526$7,018$5,670
8 years$8,034$7,417$6,844$6,314$5,822$4,542
9 years$7,069$6,458$5,895$5,378$4,903$3,690
10 years$6,297$5,692$5,139$4,636$4,178$3,030
11 years$5,666$5,067$4,525$4,034$3,593$2,509
12 years$5,141$4,548$4,015$3,539$3,114$2,091
13 years$4,697$4,110$3,588$3,124$2,715$1,753
14 years$4,317$3,736$3,223$2,773$2,380$1,475
15 years$3,987$3,413$2,910$2,473$2,096$1,246
16 years$3,699$3,131$2,639$2,215$1,852$1,056
17 years$3,446$2,884$2,401$1,990$1,642$897
18 years$3,220$2,665$2,192$1,793$1,460$764
19 years$3,019$2,470$2,007$1,620$1,302$651
20 years$2,838$2,295$1,841$1,467$1,163$556
21 years$2,674$2,138$1,694$1,332$1,040$475
22 years$2,526$1,995$1,561$1,211$933$407
23 years$2,390$1,866$1,441$1,103$837$349
24 years$2,267$1,749$1,333$1,006$752$299
25 years$2,153$1,641$1,235$919$677$256
26 years$2,048$1,542$1,145$840$610$220
27 years$1,951$1,451$1,063$769$550$189
28 years$1,861$1,368$989$704$496$162
29 years$1,778$1,290$920$646$448$140
30 years$1,700$1,218$857$593$405$120
31 years$1,627$1,152$799$544$366$103
32 years$1,559$1,090$745$500$331$89
33 years$1,495$1,032$696$460$300$76
34 years$1,436$978$650$423$271$66
35 years$1,379$928$608$390$246$57
36 years$1,326$881$569$359$223$49
37 years$1,276$836$532$331$202$42
38 years$1,229$795$498$305$183$36
39 years$1,184$756$467$281$166$31
40 years$1,142$719$438$259$150$27
41 years$1,101$685$410$239$136$23
42 years$1,063$652$385$221$124$20
43 years$1,027$621$361$204$112$17
44 years$992$592$339$188$102$15
45 years$959$565$318$174$93$13
46 years$928$539$299$160$84$11
47 years$898$514$281$148$76$9
48 years$869$491$264$137$69$8
49 years$842$469$248$127$63$7
50 years$815$448$233$117$57$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $835,000, adding $6,432 every year, while hoping to spend $36,044 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: 40/33/27 Blend
39$835,000$835,000$835,000$835,000
40$926,805$882,550$869,607$956,269
41$982,988$887,444$860,388$983,126
42$1,043,694$891,370$849,653$1,008,329
43$1,109,347$894,243$837,312$1,034,901
44$1,180,410$895,971$823,271$1,062,991
45$1,257,396$896,457$807,435$1,092,763
46$1,340,867$895,600$789,701$1,124,402
47$1,431,441$893,290$769,962$1,158,113
48$1,529,799$889,412$748,106$1,194,124
49$1,636,688$883,843$724,017$1,232,690
50$1,752,932$876,453$697,574$1,274,095
51$1,879,435$867,104$668,647$1,318,655
52$2,017,195$855,649$637,104$1,366,721
53$2,167,307$841,934$602,805$1,418,684
54$2,330,978$825,794$565,604$1,474,978
55$2,509,535$807,056$525,349$1,536,086
56$2,704,440$785,534$481,881$1,602,543
57$2,917,301$761,034$435,033$1,674,946
58$3,149,891$733,350$384,631$1,753,954
59$3,404,158$702,262$330,494$1,840,302
60$3,682,249$667,539$272,433$1,934,802
61$3,986,527$628,938$210,248$2,038,357
62$4,319,596$586,198$143,734$2,151,966
63$4,684,320$539,048$72,675$2,276,739
64$5,083,856$487,197$0$2,413,903
65$5,521,680$430,340$0$2,565,729
66$6,001,619$368,154$0$2,755,218
67$6,527,888$300,298$0$2,963,149
68$7,105,131$226,411$0$3,191,444
69$7,738,462$146,113$0$3,442,225
70$8,433,514$59,001$0$3,717,835
71$9,196,492$0$0$4,020,862
72$10,034,230$0$0$4,366,999
73$10,954,258$0$0$4,770,780
74$11,964,870$0$0$5,214,436
75$13,075,203$0$0$5,701,990
76$14,295,321$0$0$6,237,879
77$15,636,315$0$0$6,826,989
78$17,110,401$0$0$7,474,703
79$18,731,038$0$0$8,186,952
80$20,513,054$0$0$8,970,269
81$22,472,786$0$0$9,831,855
82$24,628,234$0$0$10,779,641
83$26,999,230$0$0$11,822,366
84$29,607,623$0$0$12,969,660
85$32,477,487$0$0$14,232,133
86$35,635,350$0$0$15,621,475
87$39,110,437$0$0$17,150,566
88$42,934,951$0$0$18,833,598
89$47,144,377$0$0$20,686,211
90$51,777,810$0$0$22,725,635
91$56,878,333$0$0$24,970,858
92$62,493,413$0$0$27,442,800
93$68,675,355$0$0$30,164,515
94$75,481,796$0$0$33,161,405
95$82,976,243$0$0$36,461,462
96$91,228,676$0$0$40,095,529
97$100,316,206$0$0$44,097,592
98$110,323,803$0$0$48,505,105
99$121,345,098$0$0$53,359,334
100$133,483,266$0$0$58,705,757