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%15.9%
1 years$69,036$68,421$67,821$67,236$66,664$65,052
2 years$34,176$33,540$32,923$32,325$31,745$30,131
3 years$22,558$21,919$21,303$20,711$20,140$18,574
4 years$16,750$16,113$15,503$14,921$14,364$12,858
5 years$13,266$12,632$12,031$11,461$10,919$9,478
6 years$10,944$10,315$9,723$9,165$8,640$7,264
7 years$9,286$8,663$8,080$7,535$7,027$5,717
8 years$8,043$7,426$6,852$6,321$5,829$4,585
9 years$7,077$6,465$5,902$5,384$4,909$3,729
10 years$6,305$5,699$5,145$4,641$4,183$3,066
11 years$5,673$5,073$4,530$4,039$3,597$2,542
12 years$5,147$4,554$4,020$3,543$3,117$2,122
13 years$4,703$4,115$3,592$3,128$2,718$1,781
14 years$4,322$3,741$3,227$2,777$2,383$1,501
15 years$3,992$3,417$2,914$2,476$2,098$1,270
16 years$3,704$3,135$2,642$2,217$1,854$1,077
17 years$3,450$2,887$2,404$1,992$1,644$916
18 years$3,224$2,668$2,194$1,795$1,462$781
19 years$3,023$2,473$2,009$1,622$1,303$667
20 years$2,841$2,298$1,844$1,469$1,164$571
21 years$2,678$2,140$1,696$1,333$1,042$489
22 years$2,529$1,998$1,563$1,212$934$419
23 years$2,393$1,869$1,443$1,104$838$359
24 years$2,269$1,751$1,335$1,007$753$309
25 years$2,155$1,643$1,236$920$678$265
26 years$2,050$1,544$1,146$841$611$228
27 years$1,953$1,453$1,065$770$550$196
28 years$1,863$1,369$990$705$497$169
29 years$1,780$1,292$921$647$449$145
30 years$1,702$1,220$858$594$405$125
31 years$1,629$1,153$800$545$366$108
32 years$1,561$1,091$746$501$331$93
33 years$1,497$1,033$697$461$300$80
34 years$1,437$979$651$424$272$69
35 years$1,381$929$609$390$246$59
36 years$1,328$882$569$359$223$51
37 years$1,278$837$533$331$202$44
38 years$1,230$796$499$305$183$38
39 years$1,185$757$468$281$166$33
40 years$1,143$720$438$260$151$28
41 years$1,103$685$411$239$137$24
42 years$1,064$653$385$221$124$21
43 years$1,028$622$362$204$113$18
44 years$993$593$340$188$102$16
45 years$960$565$319$174$93$14
46 years$929$539$299$161$84$12
47 years$899$515$281$148$76$10
48 years$870$491$264$137$69$9
49 years$843$469$248$127$63$7
50 years$816$448$234$117$57$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $836,000, adding $5,004 every year, while hoping to spend $59,337 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: 61/25/14 Blend
39$836,000$836,000$836,000$836,000
40$926,434$882,126$869,168$979,456
41$957,796$862,216$835,151$995,801
42$990,368$839,341$798,005$1,006,481
43$1,024,211$813,295$757,564$1,016,711
44$1,059,391$783,856$713,653$1,026,453
45$1,095,976$750,792$666,087$1,035,666
46$1,134,041$713,857$614,677$1,044,308
47$1,173,667$672,789$559,222$1,052,335
48$1,214,939$627,314$499,514$1,059,703
49$1,257,950$577,140$435,335$1,066,367
50$1,302,799$521,958$366,457$1,072,280
51$1,349,594$461,443$292,642$1,077,395
52$1,398,450$395,251$213,643$1,081,662
53$1,449,492$323,018$129,200$1,085,034
54$1,502,854$244,361$39,043$1,087,461
55$1,558,684$158,873$0$1,088,895
56$1,617,138$66,126$0$1,097,826
57$1,678,388$0$0$1,112,447
58$1,742,619$0$0$1,136,362
59$1,810,032$0$0$1,180,574
60$1,880,845$0$0$1,227,037
61$1,955,296$0$0$1,275,910
62$2,033,644$0$0$1,327,364
63$2,116,169$0$0$1,381,589
64$2,203,176$0$0$1,438,787
65$2,295,000$0$0$1,499,183
66$2,392,003$0$0$1,563,018
67$2,494,583$0$0$1,630,559
68$2,603,171$0$0$1,702,094
69$2,718,241$0$0$1,777,940
70$2,840,309$0$0$1,858,443
71$2,969,939$0$0$1,943,981
72$3,107,749$0$0$2,034,967
73$3,254,414$0$0$2,131,853
74$3,410,673$0$0$2,235,135
75$3,577,337$0$0$2,345,356
76$3,755,292$0$0$2,463,109
77$3,945,510$0$0$2,589,047
78$4,149,056$0$0$2,723,884
79$4,367,098$0$0$2,868,403
80$4,600,919$0$0$3,023,464
81$4,851,923$0$0$3,190,009
82$5,121,653$0$0$3,369,073
83$5,411,803$0$0$3,561,793
84$5,724,232$0$0$3,769,416
85$6,060,983$0$0$3,993,312
86$6,424,297$0$0$4,234,988
87$6,816,640$0$0$4,496,097
88$7,240,720$0$0$4,778,457
89$7,699,512$0$0$5,084,066
90$8,196,289$0$0$5,415,121
91$8,734,647$0$0$5,774,036
92$9,318,541$0$0$6,163,468
93$9,952,321$0$0$6,586,337
94$10,640,769$0$0$7,045,856
95$11,389,149$0$0$7,545,559
96$12,203,249$0$0$8,089,333
97$13,089,437$0$0$8,681,458
98$14,054,723$0$0$9,326,641
99$15,106,818$0$0$10,030,061
100$16,254,209$0$0$10,797,422