Can I retire at age 40 with 837,000?

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 $837,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$69,119$68,503$67,902$67,316$66,744$64,919
2 years$34,217$33,580$32,962$32,363$31,783$29,958
3 years$22,585$21,945$21,329$20,736$20,164$18,397
4 years$16,770$16,132$15,522$14,939$14,381$12,684
5 years$13,282$12,648$12,046$11,474$10,932$9,310
6 years$10,957$10,328$9,735$9,176$8,650$7,105
7 years$9,297$8,673$8,090$7,544$7,035$5,566
8 years$8,053$7,434$6,861$6,329$5,836$4,443
9 years$7,086$6,473$5,909$5,391$4,915$3,596
10 years$6,312$5,706$5,152$4,647$4,188$2,942
11 years$5,680$5,079$4,535$4,044$3,602$2,427
12 years$5,153$4,559$4,025$3,547$3,121$2,015
13 years$4,708$4,120$3,596$3,132$2,722$1,682
14 years$4,327$3,745$3,231$2,780$2,386$1,410
15 years$3,997$3,421$2,917$2,479$2,101$1,186
16 years$3,708$3,139$2,645$2,220$1,857$1,001
17 years$3,454$2,891$2,407$1,995$1,646$846
18 years$3,228$2,671$2,197$1,797$1,464$717
19 years$3,026$2,476$2,011$1,624$1,305$609
20 years$2,845$2,300$1,846$1,471$1,165$518
21 years$2,681$2,143$1,698$1,335$1,043$440
22 years$2,532$2,000$1,565$1,214$935$375
23 years$2,396$1,871$1,445$1,105$839$320
24 years$2,272$1,753$1,336$1,008$754$273
25 years$2,158$1,645$1,238$921$679$233
26 years$2,053$1,546$1,148$842$611$199
27 years$1,956$1,455$1,066$771$551$170
28 years$1,865$1,371$991$706$497$146
29 years$1,782$1,293$922$647$449$124
30 years$1,704$1,221$859$594$406$106
31 years$1,631$1,155$801$546$367$91
32 years$1,563$1,093$747$502$332$78
33 years$1,499$1,035$698$461$300$67
34 years$1,439$981$652$424$272$57
35 years$1,383$930$609$391$246$49
36 years$1,329$883$570$360$223$42
37 years$1,279$838$534$331$202$36
38 years$1,232$797$500$306$183$31
39 years$1,187$758$468$282$166$26
40 years$1,144$721$439$260$151$23
41 years$1,104$686$411$240$137$19
42 years$1,066$654$386$221$124$17
43 years$1,029$623$362$204$113$14
44 years$994$594$340$189$102$12
45 years$961$566$319$174$93$10
46 years$930$540$300$161$84$9
47 years$900$515$282$149$77$8
48 years$871$492$265$137$70$7
49 years$844$470$249$127$63$6
50 years$817$449$234$117$57$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $837,000, adding $4,665 every year, while hoping to spend $37,886 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: 58/37/5 Blend
39$837,000$837,000$837,000$837,000
40$927,186$882,825$869,851$979,841
41$981,449$885,773$858,681$1,018,653
42$1,039,976$887,596$845,867$1,056,207
43$1,103,164$888,198$831,313$1,096,179
44$1,171,445$887,479$814,921$1,138,803
45$1,245,298$885,330$796,587$1,184,335
46$1,325,247$881,640$776,200$1,233,063
47$1,411,867$876,285$753,648$1,285,300
48$1,505,793$869,139$728,811$1,341,398
49$1,607,722$860,064$701,564$1,401,741
50$1,718,420$848,918$671,777$1,466,758
51$1,838,731$835,547$639,314$1,536,921
52$1,969,582$819,790$604,031$1,612,754
53$2,111,994$801,474$565,781$1,694,833
54$2,267,090$780,418$524,407$1,783,799
55$2,436,105$756,431$479,746$1,880,359
56$2,620,399$729,308$431,629$1,985,294
57$2,821,470$698,834$379,879$2,099,467
58$3,040,964$664,781$324,309$2,223,835
59$3,280,695$626,908$264,726$2,359,453
60$3,542,659$584,960$200,928$2,507,488
61$3,829,055$538,668$132,704$2,669,229
62$4,142,303$487,746$59,833$2,846,100
63$4,485,066$431,894$0$3,039,678
64$4,860,279$370,793$0$3,252,657
65$5,271,172$304,106$0$3,489,471
66$5,721,303$231,479$0$3,749,061
67$6,214,591$152,536$0$4,033,786
68$6,755,350$66,881$0$4,346,250
69$7,348,333$0$0$4,689,328
70$7,998,774$0$0$5,076,741
71$8,712,438$0$0$5,531,761
72$9,495,677$0$0$6,031,214
73$10,355,485$0$0$6,579,570
74$11,299,568$0$0$7,181,754
75$12,336,414$0$0$7,843,190
76$13,475,374$0$0$8,569,852
77$14,726,747$0$0$9,368,323
78$16,101,883$0$0$10,245,855
79$17,613,282$0$0$11,210,438
80$19,274,717$0$0$12,270,872
81$21,101,363$0$0$13,436,855
82$23,109,936$0$0$14,719,070
83$25,318,855$0$0$16,129,289
84$27,748,412$0$0$17,680,479
85$30,420,966$0$0$19,386,930
86$33,361,150$0$0$21,264,385
87$36,596,107$0$0$23,330,189
88$40,155,740$0$0$25,603,456
89$44,073,001$0$0$28,105,245
90$48,384,197$0$0$30,858,758
91$53,129,330$0$0$33,889,563
92$58,352,480$0$0$37,225,832
93$64,102,216$0$0$40,898,605
94$70,432,056$0$0$44,942,086
95$77,400,968$0$0$49,393,965
96$85,073,932$0$0$54,295,772
97$93,522,548$0$0$59,693,266
98$102,825,711$0$0$65,636,874
99$113,070,359$0$0$72,182,159
100$124,352,288$0$0$79,390,348