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%18.7%
1 years$70,357$69,731$69,119$68,522$67,940$65,555
2 years$34,830$34,182$33,553$32,943$32,352$29,975
3 years$22,990$22,338$21,711$21,107$20,526$18,230
4 years$17,070$16,421$15,800$15,207$14,639$12,443
5 years$13,520$12,874$12,262$11,680$11,128$9,038
6 years$11,153$10,513$9,909$9,341$8,805$6,822
7 years$9,464$8,829$8,235$7,679$7,161$5,284
8 years$8,197$7,568$6,984$6,442$5,941$4,168
9 years$7,213$6,589$6,015$5,487$5,003$3,333
10 years$6,425$5,808$5,244$4,730$4,263$2,693
11 years$5,782$5,170$4,617$4,117$3,666$2,193
12 years$5,246$4,641$4,097$3,611$3,177$1,797
13 years$4,793$4,194$3,661$3,188$2,770$1,479
14 years$4,405$3,812$3,289$2,830$2,429$1,223
15 years$4,068$3,482$2,970$2,524$2,138$1,014
16 years$3,775$3,195$2,692$2,260$1,890$844
17 years$3,516$2,943$2,450$2,030$1,676$703
18 years$3,286$2,719$2,236$1,830$1,490$587
19 years$3,080$2,520$2,047$1,653$1,328$491
20 years$2,896$2,342$1,879$1,497$1,186$411
21 years$2,729$2,181$1,728$1,359$1,062$344
22 years$2,577$2,036$1,593$1,236$951$289
23 years$2,439$1,904$1,471$1,125$854$242
24 years$2,313$1,784$1,360$1,026$768$204
25 years$2,197$1,674$1,260$937$691$171
26 years$2,090$1,574$1,168$857$622$144
27 years$1,991$1,481$1,085$784$561$121
28 years$1,899$1,396$1,009$719$506$102
29 years$1,814$1,317$939$659$457$86
30 years$1,734$1,243$874$605$413$72
31 years$1,660$1,175$815$556$373$61
32 years$1,591$1,112$760$511$338$51
33 years$1,526$1,053$710$469$306$43
34 years$1,465$998$663$432$277$36
35 years$1,407$947$620$398$251$30
36 years$1,353$899$580$366$227$26
37 years$1,302$853$543$337$206$22
38 years$1,254$811$509$311$187$18
39 years$1,208$771$476$287$169$15
40 years$1,165$734$447$265$154$13
41 years$1,124$699$419$244$139$11
42 years$1,085$665$393$225$126$9
43 years$1,048$634$369$208$115$8
44 years$1,012$604$346$192$104$6
45 years$979$576$325$177$95$5
46 years$947$550$305$164$86$5
47 years$916$525$287$151$78$4
48 years$887$501$269$140$71$3
49 years$859$478$253$129$64$3
50 years$832$457$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 $852,000, adding $4,444 every year, while hoping to spend $52,081 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: 35/48/17 Blend
39$852,000$852,000$852,000$852,000
40$943,488$898,332$885,126$971,446
41$984,310$886,936$859,364$980,822
42$1,027,550$873,237$830,993$985,730
43$1,073,401$857,066$799,872$989,921
44$1,122,070$838,245$765,850$993,360
45$1,173,789$816,586$728,774$996,012
46$1,228,806$791,890$688,479$997,846
47$1,287,397$763,945$644,795$998,831
48$1,349,862$732,529$597,546$998,940
49$1,416,530$697,404$546,546$998,148
50$1,487,760$658,322$491,599$996,434
51$1,563,948$615,016$432,505$993,782
52$1,645,528$567,209$369,050$990,181
53$1,732,973$514,603$301,015$985,626
54$1,826,805$456,888$228,168$980,122
55$1,927,595$393,732$150,268$973,680
56$2,035,972$324,786$67,064$966,322
57$2,152,624$249,683$0$958,082
58$2,278,307$168,033$0$952,950
59$2,413,852$79,425$0$960,286
60$2,560,172$0$0$968,046
61$2,718,270$0$0$985,140
62$2,889,249$0$0$1,049,093
63$3,074,320$0$0$1,118,418
64$3,274,814$0$0$1,193,627
65$3,492,196$0$0$1,275,283
66$3,728,077$0$0$1,364,005
67$3,984,228$0$0$1,460,474
68$4,262,597$0$0$1,565,439
69$4,565,326$0$0$1,679,725
70$4,894,774$0$0$1,804,237
71$5,253,535$0$0$1,939,976
72$5,644,464$0$0$2,088,038
73$6,070,702$0$0$2,249,634
74$6,535,707$0$0$2,426,093
75$7,043,285$0$0$2,618,882
76$7,597,626$0$0$2,829,613
77$8,203,341$0$0$3,060,063
78$8,865,508$0$0$3,312,186
79$9,589,716$0$0$3,588,135
80$10,382,122$0$0$3,890,281
81$11,249,502$0$0$4,221,235
82$12,199,320$0$0$4,583,873
83$13,239,794$0$0$4,981,359
84$14,379,974$0$0$5,417,182
85$15,629,829$0$0$5,895,182
86$17,000,337$0$0$6,419,590
87$18,503,590$0$0$6,995,065
88$20,152,904$0$0$7,626,740
89$21,962,949$0$0$8,320,268
90$23,949,885$0$0$9,081,877
91$26,131,509$0$0$9,918,429
92$28,527,429$0$0$10,837,480
93$31,159,244$0$0$11,847,356
94$34,050,748$0$0$12,957,230
95$37,228,153$0$0$14,177,206
96$40,720,336$0$0$15,518,418
97$44,559,112$0$0$16,993,130
98$48,779,530$0$0$18,614,856
99$53,420,205$0$0$20,398,483
100$58,523,682$0$0$22,360,415