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%19%
1 years$69,284$68,667$68,065$67,477$66,903$64,478
2 years$34,299$33,660$33,041$32,441$31,859$29,442
3 years$22,639$21,997$21,380$20,785$20,212$17,880
4 years$16,810$16,170$15,559$14,975$14,416$12,186
5 years$13,313$12,678$12,074$11,502$10,959$8,837
6 years$10,983$10,352$9,758$9,198$8,671$6,659
7 years$9,320$8,694$8,109$7,562$7,052$5,149
8 years$8,072$7,452$6,877$6,344$5,850$4,055
9 years$7,103$6,489$5,923$5,404$4,927$3,236
10 years$6,327$5,719$5,164$4,658$4,198$2,610
11 years$5,694$5,092$4,546$4,054$3,610$2,121
12 years$5,166$4,570$4,035$3,556$3,129$1,734
13 years$4,720$4,130$3,605$3,139$2,728$1,425
14 years$4,337$3,754$3,239$2,787$2,392$1,176
15 years$4,006$3,429$2,924$2,485$2,106$973
16 years$3,717$3,146$2,651$2,225$1,861$807
17 years$3,462$2,898$2,413$1,999$1,650$671
18 years$3,236$2,678$2,202$1,802$1,467$559
19 years$3,033$2,482$2,016$1,628$1,308$467
20 years$2,851$2,306$1,850$1,475$1,168$390
21 years$2,687$2,148$1,702$1,338$1,045$326
22 years$2,538$2,005$1,569$1,217$937$273
23 years$2,402$1,875$1,448$1,108$841$228
24 years$2,277$1,757$1,339$1,011$756$191
25 years$2,163$1,649$1,241$923$680$160
26 years$2,058$1,550$1,151$844$613$134
27 years$1,960$1,458$1,068$772$552$113
28 years$1,870$1,374$993$708$498$95
29 years$1,786$1,296$924$649$450$79
30 years$1,708$1,224$861$596$407$67
31 years$1,635$1,157$803$547$368$56
32 years$1,567$1,095$749$503$333$47
33 years$1,503$1,037$699$462$301$39
34 years$1,442$983$653$425$273$33
35 years$1,386$932$611$392$247$28
36 years$1,333$885$571$361$224$23
37 years$1,282$840$535$332$203$20
38 years$1,235$799$501$306$184$17
39 years$1,190$760$469$282$167$14
40 years$1,147$723$440$260$151$12
41 years$1,107$688$412$240$137$10
42 years$1,068$655$387$222$124$8
43 years$1,032$624$363$205$113$7
44 years$997$595$341$189$103$6
45 years$964$567$320$175$93$5
46 years$932$541$300$161$84$4
47 years$902$517$282$149$77$3
48 years$873$493$265$138$70$3
49 years$846$471$249$127$63$2
50 years$819$450$234$118$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $839,000, adding $2,960 every year, while hoping to spend $34,994 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: 58/13/29 Blend
39$839,000$839,000$839,000$839,000
40$927,631$883,164$870,160$973,912
41$985,016$889,206$862,077$1,012,023
42$1,047,082$894,371$852,550$1,049,630
43$1,114,268$898,579$841,495$1,089,924
44$1,187,060$901,745$828,821$1,133,177
45$1,265,989$903,780$814,435$1,179,688
46$1,351,640$904,586$798,240$1,229,789
47$1,444,659$904,063$780,132$1,283,847
48$1,545,753$902,100$760,006$1,342,269
49$1,655,702$898,585$737,747$1,405,503
50$1,775,362$893,394$713,240$1,474,045
51$1,905,677$886,398$686,362$1,548,444
52$2,047,685$877,461$656,984$1,629,306
53$2,202,527$866,435$624,972$1,717,301
54$2,371,462$853,168$590,186$1,813,171
55$2,555,874$837,495$552,479$1,917,733
56$2,757,284$819,244$511,698$2,031,891
57$2,977,371$798,231$467,684$2,156,645
58$3,217,980$774,261$420,269$2,293,098
59$3,481,145$747,131$369,279$2,442,469
60$3,769,102$716,621$314,530$2,606,105
61$4,084,317$682,502$255,833$2,785,491
62$4,429,503$644,530$192,989$2,982,271
63$4,807,649$602,448$125,790$3,198,257
64$5,222,044$555,983$54,020$3,435,449
65$5,676,315$504,848$0$3,696,059
66$6,174,452$448,739$0$3,989,510
67$6,720,853$387,334$0$4,329,802
68$7,320,359$320,293$0$4,703,250
69$7,978,306$247,257$0$5,113,215
70$8,700,568$167,848$0$5,563,400
71$9,493,618$81,664$0$6,057,886
72$10,364,585$0$0$6,601,171
73$11,321,324$0$0$7,199,891
74$12,372,485$0$0$7,870,610
75$13,527,601$0$0$8,607,736
76$14,797,172$0$0$9,417,980
77$16,192,767$0$0$10,308,736
78$17,727,131$0$0$11,288,147
79$19,414,304$0$0$12,365,187
80$21,269,758$0$0$13,549,744
81$23,310,537$0$0$14,852,710
82$25,555,421$0$0$16,286,086
83$28,025,099$0$0$17,863,096
84$30,742,370$0$0$19,598,310
85$33,732,352$0$0$21,507,781
86$37,022,721$0$0$23,609,197
87$40,643,972$0$0$25,922,047
88$44,629,707$0$0$28,467,807
89$49,016,948$0$0$31,270,138
90$53,846,490$0$0$34,355,113
91$59,163,285$0$0$37,751,461
92$65,016,864$0$0$41,490,839
93$71,461,803$0$0$45,608,128
94$78,558,242$0$0$50,141,765
95$86,372,450$0$0$55,134,104
96$94,977,446$0$0$60,631,815
97$104,453,695$0$0$66,686,324
98$114,889,861$0$0$73,354,300
99$126,383,645$0$0$80,698,188
100$139,042,708$0$0$88,786,797