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%11.9%
1 years$69,284$68,667$68,065$67,477$66,903$66,370
2 years$34,299$33,660$33,041$32,441$31,859$31,321
3 years$22,639$21,997$21,380$20,785$20,212$19,688
4 years$16,810$16,170$15,559$14,975$14,416$13,907
5 years$13,313$12,678$12,074$11,502$10,959$10,468
6 years$10,983$10,352$9,758$9,198$8,671$8,199
7 years$9,320$8,694$8,109$7,562$7,052$6,599
8 years$8,072$7,452$6,877$6,344$5,850$5,416
9 years$7,103$6,489$5,923$5,404$4,927$4,511
10 years$6,327$5,719$5,164$4,658$4,198$3,800
11 years$5,694$5,092$4,546$4,054$3,610$3,231
12 years$5,166$4,570$4,035$3,556$3,129$2,767
13 years$4,720$4,130$3,605$3,139$2,728$2,384
14 years$4,337$3,754$3,239$2,787$2,392$2,064
15 years$4,006$3,429$2,924$2,485$2,106$1,795
16 years$3,717$3,146$2,651$2,225$1,861$1,566
17 years$3,462$2,898$2,413$1,999$1,650$1,371
18 years$3,236$2,678$2,202$1,802$1,467$1,203
19 years$3,033$2,482$2,016$1,628$1,308$1,058
20 years$2,851$2,306$1,850$1,475$1,168$932
21 years$2,687$2,148$1,702$1,338$1,045$822
22 years$2,538$2,005$1,569$1,217$937$727
23 years$2,402$1,875$1,448$1,108$841$643
24 years$2,277$1,757$1,339$1,011$756$570
25 years$2,163$1,649$1,241$923$680$505
26 years$2,058$1,550$1,151$844$613$449
27 years$1,960$1,458$1,068$772$552$399
28 years$1,870$1,374$993$708$498$354
29 years$1,786$1,296$924$649$450$315
30 years$1,708$1,224$861$596$407$280
31 years$1,635$1,157$803$547$368$250
32 years$1,567$1,095$749$503$333$222
33 years$1,503$1,037$699$462$301$198
34 years$1,442$983$653$425$273$177
35 years$1,386$932$611$392$247$157
36 years$1,333$885$571$361$224$140
37 years$1,282$840$535$332$203$125
38 years$1,235$799$501$306$184$112
39 years$1,190$760$469$282$167$100
40 years$1,147$723$440$260$151$89
41 years$1,107$688$412$240$137$79
42 years$1,068$655$387$222$124$71
43 years$1,032$624$363$205$113$63
44 years$997$595$341$189$103$57
45 years$964$567$320$175$93$50
46 years$932$541$300$161$84$45
47 years$902$517$282$149$77$40
48 years$873$493$265$138$70$36
49 years$846$471$249$127$63$32
50 years$819$450$234$118$57$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $839,000, adding $3,568 every year, while hoping to spend $25,384 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: 49/42/9 Blend
39$839,000$839,000$839,000$839,000
40$928,258$883,791$870,787$971,347
41$995,932$900,089$872,950$1,017,529
42$1,069,658$916,334$874,335$1,064,689
43$1,150,027$932,498$874,888$1,115,323
44$1,237,688$948,548$874,555$1,169,766
45$1,333,356$964,451$873,277$1,228,381
46$1,437,820$980,171$870,993$1,291,573
47$1,551,945$995,667$867,639$1,359,787
48$1,676,686$1,010,898$863,148$1,433,513
49$1,813,094$1,025,817$857,449$1,513,292
50$1,962,326$1,040,378$850,469$1,599,720
51$2,125,654$1,054,528$842,131$1,693,455
52$2,304,481$1,068,210$832,353$1,795,222
53$2,500,352$1,081,367$821,051$1,905,822
54$2,714,968$1,093,933$808,136$2,026,136
55$2,950,202$1,105,843$793,515$2,157,138
56$3,208,115$1,117,022$777,091$2,299,901
57$3,490,982$1,127,395$758,762$2,455,608
58$3,801,303$1,136,878$738,422$2,625,564
59$4,141,835$1,145,385$715,959$2,811,210
60$4,515,615$1,152,822$691,256$3,014,132
61$4,925,987$1,159,089$664,193$3,236,081
62$5,376,636$1,164,082$634,640$3,478,989
63$5,871,618$1,167,687$602,466$3,744,986
64$6,415,405$1,169,786$567,531$4,036,419
65$7,012,923$1,170,252$529,690$4,355,880
66$7,669,596$1,168,950$488,790$4,706,224
67$8,391,403$1,165,736$444,672$5,090,602
68$9,184,928$1,160,460$397,171$5,512,487
69$10,057,428$1,152,959$346,113$5,975,710
70$11,016,895$1,143,064$291,317$6,484,495
71$12,072,136$1,130,592$232,594$7,043,502
72$13,232,855$1,115,352$169,747$7,657,865
73$14,509,742$1,097,140$102,570$8,333,250
74$15,914,576$1,075,740$30,846$9,075,902
75$17,460,336$1,050,925$0$9,892,707
76$19,161,322$1,022,451$0$10,795,647
77$21,033,288$990,063$0$11,792,154
78$23,093,597$953,490$0$12,888,515
79$25,361,378$912,444$0$14,094,935
80$27,857,707$866,623$0$15,422,661
81$30,605,810$815,704$0$16,884,093
82$33,631,278$759,349$0$18,492,899
83$36,962,310$697,198$0$20,264,148
84$40,629,977$628,873$0$22,214,451
85$44,668,518$553,970$0$24,362,119
86$49,115,659$472,068$0$26,727,337
87$54,012,974$382,717$0$29,332,357
88$59,406,273$285,445$0$32,201,705
89$65,346,032$179,752$0$35,362,419
90$71,887,878$65,110$0$38,844,302
91$79,093,103$0$0$42,680,207
92$87,029,249$0$0$46,933,631
93$95,770,746$0$0$51,651,960
94$105,399,606$0$0$56,849,389
95$116,006,209$0$0$62,574,717
96$127,690,144$0$0$68,881,720
97$140,561,156$0$0$75,829,654
98$154,740,180$0$0$83,483,821
99$170,360,481$0$0$91,916,178
100$187,568,911$0$0$101,206,022