Can I retire at age 40 with 836,000?

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 $836,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$69,036$68,421$67,821$67,236$66,664$64,375
2 years$34,176$33,540$32,923$32,325$31,745$29,462
3 years$22,558$21,919$21,303$20,711$20,140$17,936
4 years$16,750$16,113$15,503$14,921$14,364$12,254
5 years$13,266$12,632$12,031$11,461$10,919$8,910
6 years$10,944$10,315$9,723$9,165$8,640$6,733
7 years$9,286$8,663$8,080$7,535$7,027$5,221
8 years$8,043$7,426$6,852$6,321$5,829$4,124
9 years$7,077$6,465$5,902$5,384$4,909$3,301
10 years$6,305$5,699$5,145$4,641$4,183$2,670
11 years$5,673$5,073$4,530$4,039$3,597$2,177
12 years$5,147$4,554$4,020$3,543$3,117$1,786
13 years$4,703$4,115$3,592$3,128$2,718$1,473
14 years$4,322$3,741$3,227$2,777$2,383$1,219
15 years$3,992$3,417$2,914$2,476$2,098$1,013
16 years$3,704$3,135$2,642$2,217$1,854$844
17 years$3,450$2,887$2,404$1,992$1,644$704
18 years$3,224$2,668$2,194$1,795$1,462$589
19 years$3,023$2,473$2,009$1,622$1,303$493
20 years$2,841$2,298$1,844$1,469$1,164$413
21 years$2,678$2,140$1,696$1,333$1,042$347
22 years$2,529$1,998$1,563$1,212$934$291
23 years$2,393$1,869$1,443$1,104$838$245
24 years$2,269$1,751$1,335$1,007$753$206
25 years$2,155$1,643$1,236$920$678$173
26 years$2,050$1,544$1,146$841$611$146
27 years$1,953$1,453$1,065$770$550$123
28 years$1,863$1,369$990$705$497$104
29 years$1,780$1,292$921$647$449$87
30 years$1,702$1,220$858$594$405$74
31 years$1,629$1,153$800$545$366$62
32 years$1,561$1,091$746$501$331$52
33 years$1,497$1,033$697$461$300$44
34 years$1,437$979$651$424$272$37
35 years$1,381$929$609$390$246$31
36 years$1,328$882$569$359$223$26
37 years$1,278$837$533$331$202$22
38 years$1,230$796$499$305$183$19
39 years$1,185$757$468$281$166$16
40 years$1,143$720$438$260$151$13
41 years$1,103$685$411$239$137$11
42 years$1,064$653$385$221$124$10
43 years$1,028$622$362$204$113$8
44 years$993$593$340$188$102$7
45 years$960$565$319$174$93$6
46 years$929$539$299$161$84$5
47 years$899$515$281$148$76$4
48 years$870$491$264$137$69$3
49 years$843$469$248$127$63$3
50 years$816$448$234$117$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $836,000, adding $3,968 every year, while hoping to spend $26,645 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: 68/26/6 Blend
39$836,000$836,000$836,000$836,000
40$925,365$881,057$868,099$987,218
41$991,402$895,879$868,830$1,043,520
42$1,063,282$910,534$868,693$1,101,447
43$1,141,573$924,986$867,630$1,164,068
44$1,226,899$939,195$865,581$1,231,837
45$1,319,948$953,121$862,483$1,305,252
46$1,421,477$966,719$858,271$1,384,867
47$1,532,319$979,940$852,875$1,471,286
48$1,653,392$992,733$846,222$1,565,180
49$1,785,704$1,005,043$838,237$1,667,286
50$1,930,368$1,016,812$828,840$1,778,414
51$2,088,607$1,027,977$817,947$1,899,461
52$2,261,768$1,038,472$805,472$2,031,413
53$2,451,336$1,048,225$791,323$2,175,355
54$2,658,944$1,057,159$775,404$2,332,487
55$2,886,392$1,065,196$757,616$2,504,129
56$3,135,660$1,072,247$737,853$2,691,734
57$3,408,933$1,078,222$716,005$2,896,908
58$3,708,612$1,083,023$691,960$3,121,417
59$4,037,345$1,086,546$665,595$3,367,210
60$4,398,048$1,088,681$636,787$3,636,434
61$4,793,934$1,089,310$605,404$3,931,456
62$5,228,539$1,088,310$571,309$4,254,884
63$5,705,761$1,085,549$534,358$4,609,595
64$6,229,893$1,080,885$494,404$4,998,757
65$6,805,664$1,074,170$451,288$5,425,865
66$7,438,283$1,065,246$404,848$5,894,770
67$8,133,491$1,053,946$354,913$6,409,715
68$8,897,610$1,040,092$301,306$6,975,381
69$9,737,606$1,023,496$243,839$7,596,924
70$10,661,153$1,003,959$182,319$8,280,028
71$11,676,707$981,269$116,543$9,030,961
72$12,793,582$955,203$46,299$9,856,629
73$14,022,044$925,524$0$10,764,644
74$15,373,400$891,982$0$11,765,233
75$16,860,108$854,311$0$12,869,094
76$18,495,897$812,230$0$14,083,469
77$20,295,893$765,444$0$15,419,611
78$22,276,761$713,637$0$16,889,925
79$24,456,864$656,479$0$18,508,080
80$26,856,436$593,618$0$20,289,142
81$29,497,770$524,683$0$22,249,717
82$32,405,433$449,283$0$24,408,107
83$35,606,493$367,003$0$26,784,483
84$39,130,775$277,407$0$29,401,075
85$43,011,145$180,031$0$32,282,386
86$47,283,818$74,388$0$35,455,420
87$51,988,698$0$0$38,949,940
88$57,169,756$0$0$42,810,203
89$62,875,445$0$0$47,084,857
90$69,159,158$0$0$51,792,628
91$76,079,728$0$0$56,977,603
92$83,701,985$0$0$62,688,363
93$92,097,370$0$0$68,978,440
94$101,344,604$0$0$75,906,824
95$111,530,435$0$0$83,538,520
96$122,750,454$0$0$91,945,159
97$135,109,998$0$0$101,205,675
98$148,725,144$0$0$111,407,050
99$163,723,804$0$0$122,645,134
100$180,246,931$0$0$135,025,552