Can I retire at age 40 with 852,000?

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 $852,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$70,357$69,731$69,119$68,522$67,940$66,190
2 years$34,830$34,182$33,553$32,943$32,352$30,601
3 years$22,990$22,338$21,711$21,107$20,526$18,828
4 years$17,070$16,421$15,800$15,207$14,639$13,007
5 years$13,520$12,874$12,262$11,680$11,128$9,568
6 years$11,153$10,513$9,909$9,341$8,805$7,317
7 years$9,464$8,829$8,235$7,679$7,161$5,746
8 years$8,197$7,568$6,984$6,442$5,941$4,597
9 years$7,213$6,589$6,015$5,487$5,003$3,730
10 years$6,425$5,808$5,244$4,730$4,263$3,059
11 years$5,782$5,170$4,617$4,117$3,666$2,530
12 years$5,246$4,641$4,097$3,611$3,177$2,106
13 years$4,793$4,194$3,661$3,188$2,770$1,763
14 years$4,405$3,812$3,289$2,830$2,429$1,482
15 years$4,068$3,482$2,970$2,524$2,138$1,250
16 years$3,775$3,195$2,692$2,260$1,890$1,058
17 years$3,516$2,943$2,450$2,030$1,676$897
18 years$3,286$2,719$2,236$1,830$1,490$762
19 years$3,080$2,520$2,047$1,653$1,328$649
20 years$2,896$2,342$1,879$1,497$1,186$553
21 years$2,729$2,181$1,728$1,359$1,062$473
22 years$2,577$2,036$1,593$1,236$951$404
23 years$2,439$1,904$1,471$1,125$854$345
24 years$2,313$1,784$1,360$1,026$768$296
25 years$2,197$1,674$1,260$937$691$253
26 years$2,090$1,574$1,168$857$622$217
27 years$1,991$1,481$1,085$784$561$186
28 years$1,899$1,396$1,009$719$506$160
29 years$1,814$1,317$939$659$457$137
30 years$1,734$1,243$874$605$413$118
31 years$1,660$1,175$815$556$373$101
32 years$1,591$1,112$760$511$338$87
33 years$1,526$1,053$710$469$306$74
34 years$1,465$998$663$432$277$64
35 years$1,407$947$620$398$251$55
36 years$1,353$899$580$366$227$47
37 years$1,302$853$543$337$206$41
38 years$1,254$811$509$311$187$35
39 years$1,208$771$476$287$169$30
40 years$1,165$734$447$265$154$26
41 years$1,124$699$419$244$139$22
42 years$1,085$665$393$225$126$19
43 years$1,048$634$369$208$115$16
44 years$1,012$604$346$192$104$14
45 years$979$576$325$177$95$12
46 years$947$550$305$164$86$10
47 years$916$525$287$151$78$9
48 years$887$501$269$140$71$8
49 years$859$478$253$129$64$7
50 years$832$457$238$119$58$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $852,000, adding $6,707 every year, while hoping to spend $24,796 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: 59/22/19 Blend
39$852,000$852,000$852,000$852,000
40$945,822$900,666$887,460$996,542
41$1,015,913$918,416$890,807$1,049,442
42$1,092,323$936,205$893,436$1,103,808
43$1,175,669$954,008$895,295$1,162,537
44$1,266,632$971,799$896,332$1,226,057
45$1,365,961$989,550$896,492$1,294,838
46$1,474,480$1,007,229$895,716$1,369,396
47$1,593,099$1,024,805$893,944$1,450,302
48$1,722,815$1,042,241$891,111$1,538,186
49$1,864,730$1,059,498$887,151$1,633,741
50$2,020,055$1,076,536$881,993$1,737,732
51$2,190,125$1,093,311$875,564$1,851,002
52$2,376,408$1,109,774$867,786$1,974,479
53$2,580,524$1,125,874$858,579$2,109,189
54$2,804,253$1,141,558$847,858$2,256,261
55$3,049,560$1,156,767$835,533$2,416,940
56$3,318,604$1,171,438$821,513$2,592,599
57$3,613,768$1,185,505$805,700$2,784,752
58$3,937,673$1,198,895$787,992$2,995,068
59$4,293,209$1,211,534$768,282$3,225,385
60$4,683,557$1,223,340$746,461$3,477,734
61$5,112,222$1,234,227$722,410$3,754,349
62$5,583,066$1,244,101$696,008$4,057,696
63$6,100,342$1,252,865$667,127$4,390,493
64$6,668,736$1,260,415$635,635$4,755,737
65$7,293,410$1,266,638$601,392$5,156,731
66$7,980,052$1,271,417$564,252$5,597,117
67$8,734,926$1,274,626$524,064$6,080,910
68$9,564,937$1,276,130$480,668$6,612,535
69$10,477,688$1,275,788$433,898$7,196,874
70$11,481,560$1,273,449$383,581$7,839,304
71$12,585,783$1,268,953$329,535$8,545,755
72$13,800,530$1,262,129$271,572$9,322,766
73$15,137,008$1,252,797$209,493$10,177,541
74$16,607,565$1,240,765$143,093$11,118,026
75$18,225,805$1,225,832$72,155$12,152,976
76$20,006,721$1,207,781$0$13,292,046
77$21,966,829$1,186,385$0$14,546,595
78$24,124,330$1,161,402$0$15,943,291
79$26,499,278$1,132,577$0$17,480,471
80$29,113,770$1,099,640$0$19,172,439
81$31,992,155$1,062,302$0$21,034,958
82$35,161,261$1,020,262$0$23,085,404
83$38,650,653$973,197$0$25,342,922
84$42,492,905$920,769$0$27,828,614
85$46,723,913$862,619$0$30,565,736
86$51,383,231$798,366$0$33,579,916
87$56,514,444$727,609$0$36,899,399
88$62,165,580$649,925$0$40,555,315
89$68,389,561$564,863$0$44,581,967
90$75,244,706$471,951$0$49,017,165
91$82,795,277$370,688$0$53,902,574
92$91,112,088$260,545$0$59,284,112
93$100,273,173$140,962$0$65,212,388
94$110,364,518$11,352$0$71,743,171
95$121,480,881$0$0$78,937,926
96$133,726,677$0$0$86,895,598
97$147,216,969$0$0$95,665,115
98$162,078,551$0$0$105,326,168
99$178,451,145$0$0$115,969,598
100$196,488,723$0$0$127,695,514