Can I retire at age 40 with 851,000?

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 $851,000?

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$70,275$69,649$69,038$68,442$67,860$65,400
2 years$34,789$34,142$33,514$32,905$32,314$29,863
3 years$22,963$22,312$21,686$21,082$20,501$18,136
4 years$17,050$16,402$15,782$15,189$14,622$12,360
5 years$13,504$12,859$12,247$11,666$11,115$8,963
6 years$11,140$10,500$9,897$9,330$8,795$6,754
7 years$9,453$8,818$8,225$7,670$7,153$5,223
8 years$8,188$7,559$6,975$6,435$5,934$4,113
9 years$7,204$6,581$6,008$5,481$4,997$3,283
10 years$6,418$5,801$5,238$4,725$4,258$2,647
11 years$5,775$5,164$4,611$4,112$3,662$2,151
12 years$5,240$4,635$4,092$3,607$3,173$1,759
13 years$4,787$4,189$3,656$3,184$2,767$1,445
14 years$4,399$3,808$3,285$2,826$2,426$1,193
15 years$4,064$3,478$2,966$2,521$2,136$987
16 years$3,770$3,191$2,689$2,257$1,888$819
17 years$3,512$2,939$2,447$2,028$1,674$681
18 years$3,282$2,716$2,234$1,828$1,488$567
19 years$3,077$2,517$2,045$1,651$1,326$473
20 years$2,892$2,339$1,877$1,496$1,185$395
21 years$2,726$2,179$1,726$1,357$1,060$331
22 years$2,574$2,034$1,591$1,234$950$277
23 years$2,436$1,902$1,469$1,124$853$232
24 years$2,310$1,782$1,359$1,025$767$194
25 years$2,194$1,672$1,258$936$690$163
26 years$2,087$1,572$1,167$856$622$136
27 years$1,988$1,479$1,084$784$560$114
28 years$1,897$1,394$1,007$718$506$96
29 years$1,812$1,315$938$658$457$81
30 years$1,732$1,242$873$604$413$68
31 years$1,658$1,174$814$555$373$57
32 years$1,589$1,111$760$510$337$48
33 years$1,524$1,052$709$469$305$40
34 years$1,463$997$663$431$276$34
35 years$1,406$946$620$397$250$28
36 years$1,352$898$580$366$227$24
37 years$1,301$852$542$337$206$20
38 years$1,252$810$508$311$186$17
39 years$1,207$770$476$286$169$14
40 years$1,163$733$446$264$153$12
41 years$1,122$698$418$244$139$10
42 years$1,083$664$392$225$126$8
43 years$1,046$633$368$208$115$7
44 years$1,011$603$346$192$104$6
45 years$977$575$325$177$94$5
46 years$945$549$305$164$86$4
47 years$915$524$286$151$78$3
48 years$886$500$269$140$71$3
49 years$858$478$253$129$64$2
50 years$831$456$238$119$58$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $851,000, adding $4,456 every year, while hoping to spend $59,672 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: 48/30/22 Blend
39$851,000$851,000$851,000$851,000
40$942,398$897,295$884,105$981,562
41$975,032$877,772$850,232$989,815
42$1,008,995$855,293$813,224$992,433
43$1,044,359$829,649$772,914$994,050
44$1,081,203$800,620$729,125$994,599
45$1,119,609$767,974$681,674$994,007
46$1,159,669$731,464$630,370$992,203
47$1,201,479$690,830$575,011$989,111
48$1,245,145$645,796$515,389$984,651
49$1,290,780$596,070$451,285$978,743
50$1,338,507$541,345$382,470$971,302
51$1,388,457$481,294$308,706$962,242
52$1,440,776$415,573$229,744$951,474
53$1,495,618$343,819$145,323$938,908
54$1,553,153$265,648$55,173$924,449
55$1,613,563$180,653$0$908,003
56$1,677,047$88,406$0$899,106
57$1,743,822$0$0$902,475
58$1,814,123$0$0$908,929
59$1,888,206$0$0$946,520
60$1,966,351$0$0$986,209
61$2,048,861$0$0$1,028,156
62$2,136,069$0$0$1,072,533
63$2,228,335$0$0$1,119,532
64$2,326,057$0$0$1,169,359
65$2,429,664$0$0$1,222,240
66$2,539,629$0$0$1,278,424
67$2,656,468$0$0$1,338,182
68$2,780,745$0$0$1,401,810
69$2,913,078$0$0$1,469,632
70$3,054,143$0$0$1,542,005
71$3,204,681$0$0$1,619,317
72$3,365,502$0$0$1,701,997
73$3,537,496$0$0$1,790,511
74$3,721,638$0$0$1,885,373
75$3,918,997$0$0$1,987,147
76$4,130,746$0$0$2,096,449
77$4,358,172$0$0$2,213,959
78$4,602,686$0$0$2,340,420
79$4,865,841$0$0$2,476,651
80$5,149,338$0$0$2,623,548
81$5,455,049$0$0$2,782,099
82$5,785,027$0$0$2,953,387
83$6,141,529$0$0$3,138,603
84$6,527,038$0$0$3,339,056
85$6,944,279$0$0$3,556,185
86$7,396,251$0$0$3,791,572
87$7,886,249$0$0$4,046,958
88$8,417,898$0$0$4,324,256
89$8,995,183$0$0$4,625,569
90$9,622,489$0$0$4,953,215
91$10,304,639$0$0$5,309,739
92$11,046,938$0$0$5,697,944
93$11,855,226$0$0$6,120,914
94$12,735,927$0$0$6,582,044
95$13,696,110$0$0$7,085,068
96$14,743,557$0$0$7,634,097
97$15,886,833$0$0$8,233,658
98$17,135,365$0$0$8,888,731
99$18,499,531$0$0$9,604,802
100$19,990,758$0$0$10,387,909