Can I retire at age 40 with 839,000?

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 $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%14.3%
1 years$69,284$68,667$68,065$67,477$66,903$65,714
2 years$34,299$33,660$33,041$32,441$31,859$30,664
3 years$22,639$21,997$21,380$20,785$20,212$19,050
4 years$16,810$16,170$15,559$14,975$14,416$13,295
5 years$13,313$12,678$12,074$11,502$10,959$9,882
6 years$10,983$10,352$9,758$9,198$8,671$7,641
7 years$9,320$8,694$8,109$7,562$7,052$6,068
8 years$8,072$7,452$6,877$6,344$5,850$4,912
9 years$7,103$6,489$5,923$5,404$4,927$4,033
10 years$6,327$5,719$5,164$4,658$4,198$3,349
11 years$5,694$5,092$4,546$4,054$3,610$2,805
12 years$5,166$4,570$4,035$3,556$3,129$2,366
13 years$4,720$4,130$3,605$3,139$2,728$2,006
14 years$4,337$3,754$3,239$2,787$2,392$1,710
15 years$4,006$3,429$2,924$2,485$2,106$1,463
16 years$3,717$3,146$2,651$2,225$1,861$1,255
17 years$3,462$2,898$2,413$1,999$1,650$1,080
18 years$3,236$2,678$2,202$1,802$1,467$932
19 years$3,033$2,482$2,016$1,628$1,308$805
20 years$2,851$2,306$1,850$1,475$1,168$697
21 years$2,687$2,148$1,702$1,338$1,045$604
22 years$2,538$2,005$1,569$1,217$937$524
23 years$2,402$1,875$1,448$1,108$841$455
24 years$2,277$1,757$1,339$1,011$756$396
25 years$2,163$1,649$1,241$923$680$345
26 years$2,058$1,550$1,151$844$613$300
27 years$1,960$1,458$1,068$772$552$262
28 years$1,870$1,374$993$708$498$228
29 years$1,786$1,296$924$649$450$199
30 years$1,708$1,224$861$596$407$174
31 years$1,635$1,157$803$547$368$152
32 years$1,567$1,095$749$503$333$132
33 years$1,503$1,037$699$462$301$116
34 years$1,442$983$653$425$273$101
35 years$1,386$932$611$392$247$88
36 years$1,333$885$571$361$224$77
37 years$1,282$840$535$332$203$67
38 years$1,235$799$501$306$184$59
39 years$1,190$760$469$282$167$51
40 years$1,147$723$440$260$151$45
41 years$1,107$688$412$240$137$39
42 years$1,068$655$387$222$124$34
43 years$1,032$624$363$205$113$30
44 years$997$595$341$189$103$26
45 years$964$567$320$175$93$23
46 years$932$541$300$161$84$20
47 years$902$517$282$149$77$18
48 years$873$493$265$138$70$15
49 years$846$471$249$127$63$13
50 years$819$450$234$118$57$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $839,000, adding $5,527 every year, while hoping to spend $40,675 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: 59/16/25 Blend
39$839,000$839,000$839,000$839,000
40$930,279$885,812$872,808$978,600
41$981,890$885,939$858,769$1,012,292
42$1,037,401$884,709$842,896$1,044,181
43$1,097,169$882,012$825,086$1,078,094
44$1,161,582$877,733$805,229$1,114,236
45$1,231,070$871,748$783,210$1,152,836
46$1,306,101$863,926$758,910$1,194,147
47$1,387,195$854,129$732,204$1,238,449
48$1,474,917$842,210$702,962$1,286,054
49$1,569,894$828,014$671,046$1,337,306
50$1,672,810$811,374$636,314$1,392,587
51$1,784,423$792,117$598,616$1,452,321
52$1,905,560$770,057$557,796$1,516,975
53$2,037,137$744,999$513,691$1,587,068
54$2,180,156$716,735$466,131$1,663,175
55$2,335,723$685,046$414,937$1,745,932
56$2,505,053$649,700$359,924$1,836,041
57$2,689,484$610,451$300,897$1,934,281
58$2,890,488$567,040$237,654$2,041,515
59$3,109,684$519,191$169,982$2,158,693
60$3,348,856$466,616$97,661$2,286,870
61$3,609,967$409,007$20,460$2,427,210
62$3,895,175$346,041$0$2,581,002
63$4,206,860$277,374$0$2,766,189
64$4,547,640$202,645$0$2,974,724
65$4,920,398$121,473$0$3,202,953
66$5,328,307$33,454$0$3,452,872
67$5,774,862$0$0$3,726,681
68$6,263,913$0$0$4,037,694
69$6,799,697$0$0$4,384,949
70$7,386,883$0$0$4,765,589
71$8,030,611$0$0$5,182,955
72$8,736,542$0$0$5,640,728
73$9,510,913$0$0$6,142,961
74$10,360,591$0$0$6,694,119
75$11,293,144$0$0$7,299,119
76$12,316,903$0$0$7,963,378
77$13,441,049$0$0$8,692,863
78$14,675,695$0$0$9,494,148
79$16,031,980$0$0$10,374,475
80$17,522,176$0$0$11,341,821
81$19,159,802$0$0$12,404,974
82$20,959,752$0$0$13,573,617
83$22,938,436$0$0$14,858,417
84$25,113,930$0$0$16,271,125
85$27,506,151$0$0$17,824,690
86$30,137,043$0$0$19,533,376
87$33,030,781$0$0$21,412,902
88$36,214,004$0$0$23,480,583
89$39,716,058$0$0$25,755,501
90$43,569,282$0$0$28,258,676
91$47,809,303$0$0$31,013,273
92$52,475,378$0$0$34,044,814
93$57,610,764$0$0$37,381,419
94$63,263,120$0$0$41,054,076
95$69,484,962$0$0$45,096,925
96$76,334,155$0$0$49,547,589
97$83,874,461$0$0$54,447,519
98$92,176,136$0$0$59,842,394
99$101,316,596$0$0$65,782,545
100$111,381,146$0$0$72,323,432