Can I retire at age 40 with 839,000?

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 $839,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$69,284$68,667$68,065$67,477$66,903$65,579
2 years$34,299$33,660$33,041$32,441$31,859$30,530
3 years$22,639$21,997$21,380$20,785$20,212$18,921
4 years$16,810$16,170$15,559$14,975$14,416$13,172
5 years$13,313$12,678$12,074$11,502$10,959$9,765
6 years$10,983$10,352$9,758$9,198$8,671$7,529
7 years$9,320$8,694$8,109$7,562$7,052$5,962
8 years$8,072$7,452$6,877$6,344$5,850$4,813
9 years$7,103$6,489$5,923$5,404$4,927$3,940
10 years$6,327$5,719$5,164$4,658$4,198$3,262
11 years$5,694$5,092$4,546$4,054$3,610$2,723
12 years$5,166$4,570$4,035$3,556$3,129$2,289
13 years$4,720$4,130$3,605$3,139$2,728$1,935
14 years$4,337$3,754$3,239$2,787$2,392$1,644
15 years$4,006$3,429$2,924$2,485$2,106$1,401
16 years$3,717$3,146$2,651$2,225$1,861$1,198
17 years$3,462$2,898$2,413$1,999$1,650$1,027
18 years$3,236$2,678$2,202$1,802$1,467$883
19 years$3,033$2,482$2,016$1,628$1,308$760
20 years$2,851$2,306$1,850$1,475$1,168$655
21 years$2,687$2,148$1,702$1,338$1,045$566
22 years$2,538$2,005$1,569$1,217$937$489
23 years$2,402$1,875$1,448$1,108$841$424
24 years$2,277$1,757$1,339$1,011$756$367
25 years$2,163$1,649$1,241$923$680$318
26 years$2,058$1,550$1,151$844$613$276
27 years$1,960$1,458$1,068$772$552$239
28 years$1,870$1,374$993$708$498$208
29 years$1,786$1,296$924$649$450$181
30 years$1,708$1,224$861$596$407$157
31 years$1,635$1,157$803$547$368$136
32 years$1,567$1,095$749$503$333$119
33 years$1,503$1,037$699$462$301$103
34 years$1,442$983$653$425$273$90
35 years$1,386$932$611$392$247$78
36 years$1,333$885$571$361$224$68
37 years$1,282$840$535$332$203$59
38 years$1,235$799$501$306$184$51
39 years$1,190$760$469$282$167$45
40 years$1,147$723$440$260$151$39
41 years$1,107$688$412$240$137$34
42 years$1,068$655$387$222$124$30
43 years$1,032$624$363$205$113$26
44 years$997$595$341$189$103$22
45 years$964$567$320$175$93$20
46 years$932$541$300$161$84$17
47 years$902$517$282$149$77$15
48 years$873$493$265$138$70$13
49 years$846$471$249$127$63$11
50 years$819$450$234$118$57$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $839,000, adding $2,565 every year, while hoping to spend $30,511 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: 80/11/9 Blend
39$839,000$839,000$839,000$839,000
40$927,224$882,757$869,752$999,964
41$989,337$893,548$866,426$1,058,819
42$1,056,763$903,846$861,965$1,119,127
43$1,130,012$913,594$856,300$1,184,396
44$1,209,645$922,731$849,357$1,255,107
45$1,296,277$931,194$841,059$1,331,787
46$1,390,589$938,913$831,326$1,415,022
47$1,493,326$945,817$820,072$1,505,452
48$1,605,310$951,827$807,210$1,603,786
49$1,727,447$956,861$792,646$1,710,802
50$1,860,730$960,832$776,284$1,827,359
51$2,006,257$963,645$758,021$1,954,403
52$2,165,233$965,201$737,753$2,092,976
53$2,338,986$965,396$715,367$2,244,227
54$2,528,979$964,116$690,748$2,409,420
55$2,736,820$961,243$663,773$2,589,950
56$2,964,283$956,650$634,316$2,787,353
57$3,213,318$950,205$602,244$3,003,322
58$3,486,075$941,764$567,419$3,239,723
59$3,784,921$931,176$529,693$3,498,611
60$4,112,462$918,283$488,917$3,782,251
61$4,471,569$902,915$444,932$4,093,141
62$4,865,403$884,892$397,571$4,434,032
63$5,297,448$864,025$346,663$4,807,955
64$5,771,537$840,112$292,026$5,218,253
65$6,291,897$812,940$233,472$5,668,608
66$6,863,180$782,284$170,803$6,163,079
67$7,490,515$747,906$103,815$6,706,139
68$8,179,547$709,553$32,292$7,302,718
69$8,936,497$666,958$0$7,958,248
70$9,768,220$619,839$0$8,682,946
71$10,682,265$567,898$0$9,482,767
72$11,686,949$510,818$0$10,361,902
73$12,791,437$448,267$0$11,328,393
74$14,005,824$379,892$0$12,391,098
75$15,341,232$305,322$0$13,559,781
76$16,809,917$224,161$0$14,845,200
77$18,425,380$135,996$0$16,259,209
78$20,202,497$40,388$0$17,814,874
79$22,157,658$0$0$19,526,590
80$24,308,922$0$0$21,417,862
81$26,676,188$0$0$23,504,438
82$29,281,380$0$0$25,800,756
83$32,148,653$0$0$28,328,112
84$35,304,627$0$0$31,109,973
85$38,778,629$0$0$34,172,195
86$42,602,977$0$0$37,543,266
87$46,813,280$0$0$41,254,580
88$51,448,775$0$0$45,340,728
89$56,552,697$0$0$49,839,826
90$62,172,688$0$0$54,793,873
91$68,361,244$0$0$60,249,151
92$75,176,212$0$0$66,256,655
93$82,681,333$0$0$72,872,581
94$90,946,846$0$0$80,158,850
95$100,050,150$0$0$88,183,697
96$110,076,534$0$0$97,022,310
97$121,119,978$0$0$106,757,544
98$133,284,046$0$0$117,480,699
99$146,682,859$0$0$129,292,383
100$161,442,171$0$0$142,303,461