Can I retire at age 40 with 836,000?

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 $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%19.9%
1 years$69,036$68,421$67,821$67,236$66,664$64,019
2 years$34,176$33,540$32,923$32,325$31,745$29,113
3 years$22,558$21,919$21,303$20,711$20,140$17,604
4 years$16,750$16,113$15,503$14,921$14,364$11,943
5 years$13,266$12,632$12,031$11,461$10,919$8,620
6 years$10,944$10,315$9,723$9,165$8,640$6,463
7 years$9,286$8,663$8,080$7,535$7,027$4,972
8 years$8,043$7,426$6,852$6,321$5,829$3,894
9 years$7,077$6,465$5,902$5,384$4,909$3,091
10 years$6,305$5,699$5,145$4,641$4,183$2,478
11 years$5,673$5,073$4,530$4,039$3,597$2,002
12 years$5,147$4,554$4,020$3,543$3,117$1,628
13 years$4,703$4,115$3,592$3,128$2,718$1,329
14 years$4,322$3,741$3,227$2,777$2,383$1,090
15 years$3,992$3,417$2,914$2,476$2,098$896
16 years$3,704$3,135$2,642$2,217$1,854$739
17 years$3,450$2,887$2,404$1,992$1,644$610
18 years$3,224$2,668$2,194$1,795$1,462$505
19 years$3,023$2,473$2,009$1,622$1,303$418
20 years$2,841$2,298$1,844$1,469$1,164$347
21 years$2,678$2,140$1,696$1,333$1,042$288
22 years$2,529$1,998$1,563$1,212$934$239
23 years$2,393$1,869$1,443$1,104$838$199
24 years$2,269$1,751$1,335$1,007$753$166
25 years$2,155$1,643$1,236$920$678$138
26 years$2,050$1,544$1,146$841$611$115
27 years$1,953$1,453$1,065$770$550$96
28 years$1,863$1,369$990$705$497$80
29 years$1,780$1,292$921$647$449$66
30 years$1,702$1,220$858$594$405$55
31 years$1,629$1,153$800$545$366$46
32 years$1,561$1,091$746$501$331$38
33 years$1,497$1,033$697$461$300$32
34 years$1,437$979$651$424$272$27
35 years$1,381$929$609$390$246$22
36 years$1,328$882$569$359$223$19
37 years$1,278$837$533$331$202$15
38 years$1,230$796$499$305$183$13
39 years$1,185$757$468$281$166$11
40 years$1,143$720$438$260$151$9
41 years$1,103$685$411$239$137$7
42 years$1,064$653$385$221$124$6
43 years$1,028$622$362$204$113$5
44 years$993$593$340$188$102$4
45 years$960$565$319$174$93$4
46 years$929$539$299$161$84$3
47 years$899$515$281$148$76$3
48 years$870$491$264$137$69$2
49 years$843$469$248$127$63$2
50 years$816$448$234$117$57$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $836,000, adding $6,642 every year, while hoping to spend $22,603 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: 67/15/18 Blend
39$836,000$836,000$836,000$836,000
40$928,123$883,815$870,857$985,785
41$998,742$903,073$875,982$1,044,434
42$1,075,807$922,516$880,520$1,105,300
43$1,159,951$942,131$884,429$1,171,304
44$1,251,872$961,901$887,663$1,242,951
45$1,352,337$981,809$890,174$1,320,796
46$1,462,192$1,001,834$891,911$1,405,450
47$1,582,367$1,021,955$892,822$1,497,589
48$1,713,888$1,042,151$892,851$1,597,953
49$1,857,883$1,062,394$891,940$1,707,363
50$2,015,594$1,082,659$890,027$1,826,720
51$2,188,390$1,102,915$887,049$1,957,017
52$2,377,779$1,123,131$882,938$2,099,351
53$2,585,420$1,143,271$877,623$2,254,928
54$2,813,140$1,163,300$871,032$2,425,079
55$3,062,955$1,183,176$863,086$2,611,269
56$3,337,082$1,202,856$853,704$2,815,114
57$3,637,962$1,222,295$842,802$3,038,396
58$3,968,289$1,241,442$830,290$3,283,076
59$4,331,025$1,260,243$816,075$3,551,318
60$4,729,437$1,278,642$800,061$3,845,505
61$5,167,121$1,296,577$782,144$4,168,265
62$5,648,040$1,313,982$762,219$4,522,494
63$6,176,559$1,330,786$740,173$4,911,383
64$6,757,489$1,346,916$715,889$5,338,449
65$7,396,128$1,362,289$689,246$5,807,571
66$8,098,313$1,376,822$660,116$6,323,020
67$8,870,476$1,390,421$628,365$6,889,507
68$9,719,704$1,402,990$593,854$7,512,222
69$10,653,802$1,414,425$556,437$8,196,885
70$11,681,372$1,424,615$515,960$8,949,803
71$12,811,893$1,433,442$472,266$9,777,924
72$14,055,806$1,440,781$425,187$10,688,909
73$15,424,617$1,446,498$374,549$11,691,198
74$16,931,003$1,450,451$320,171$12,794,096
75$18,588,932$1,452,490$261,864$14,007,857
76$20,413,795$1,452,454$199,428$15,343,784
77$22,422,552$1,450,173$132,658$16,814,332
78$24,633,887$1,445,467$61,338$18,433,231
79$27,068,393$1,438,144$0$20,215,610
80$29,748,756$1,428,000$0$22,180,983
81$32,699,977$1,414,820$0$24,357,649
82$35,949,603$1,398,375$0$26,754,117
83$39,527,989$1,378,422$0$29,392,761
84$43,468,583$1,354,704$0$32,298,237
85$47,808,244$1,326,950$0$35,497,715
86$52,587,585$1,294,870$0$39,021,137
87$57,851,360$1,258,160$0$42,901,497
88$63,648,884$1,216,496$0$47,175,156
89$70,034,502$1,169,536$0$51,882,185
90$77,068,097$1,116,918$0$57,066,739
91$84,815,655$1,058,259$0$62,777,480
92$93,349,892$993,154$0$69,068,032
93$102,750,937$921,175$0$75,997,490
94$113,107,089$841,869$0$83,630,975
95$124,515,648$754,757$0$92,040,255
96$137,083,837$659,332$0$101,304,415
97$150,929,810$555,061$0$111,510,608
98$166,183,770$441,379$0$122,754,880
99$182,989,196$317,688$0$135,143,073
100$201,504,199$183,359$0$148,791,826