Can I retire at age 40 with 853,000?

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 $853,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$70,440$69,813$69,200$68,603$68,019$67,676
2 years$34,871$34,222$33,592$32,982$32,390$32,044
3 years$23,017$22,364$21,737$21,132$20,550$20,211
4 years$17,090$16,440$15,819$15,224$14,656$14,327
5 years$13,536$12,889$12,276$11,694$11,141$10,824
6 years$11,167$10,525$9,921$9,352$8,816$8,510
7 years$9,475$8,839$8,244$7,688$7,170$6,875
8 years$8,207$7,577$6,992$6,450$5,948$5,665
9 years$7,221$6,597$6,022$5,494$5,009$4,738
10 years$6,433$5,815$5,250$4,736$4,268$4,008
11 years$5,789$5,177$4,622$4,121$3,671$3,422
12 years$5,252$4,646$4,102$3,615$3,181$2,944
13 years$4,798$4,199$3,665$3,192$2,774$2,548
14 years$4,410$3,817$3,293$2,833$2,431$2,216
15 years$4,073$3,487$2,973$2,527$2,141$1,936
16 years$3,779$3,199$2,696$2,262$1,892$1,697
17 years$3,520$2,946$2,453$2,033$1,678$1,493
18 years$3,290$2,722$2,239$1,832$1,492$1,316
19 years$3,084$2,523$2,050$1,655$1,330$1,163
20 years$2,899$2,344$1,881$1,499$1,188$1,030
21 years$2,732$2,184$1,730$1,361$1,063$914
22 years$2,580$2,038$1,595$1,237$953$812
23 years$2,442$1,907$1,472$1,127$855$722
24 years$2,315$1,786$1,362$1,028$769$643
25 years$2,199$1,676$1,261$938$692$574
26 years$2,092$1,575$1,170$858$623$512
27 years$1,993$1,483$1,086$785$562$457
28 years$1,901$1,397$1,010$720$507$409
29 years$1,816$1,318$940$660$458$366
30 years$1,736$1,245$875$606$414$327
31 years$1,662$1,177$816$556$374$293
32 years$1,593$1,113$761$511$338$262
33 years$1,528$1,054$711$470$306$235
34 years$1,466$999$664$432$277$211
35 years$1,409$948$621$398$251$189
36 years$1,355$900$581$367$227$170
37 years$1,304$854$544$338$206$152
38 years$1,255$812$509$311$187$137
39 years$1,210$772$477$287$169$123
40 years$1,166$735$447$265$154$110
41 years$1,125$699$419$244$139$99
42 years$1,086$666$393$225$127$89
43 years$1,049$635$369$208$115$80
44 years$1,013$605$346$192$104$72
45 years$980$577$325$177$95$64
46 years$948$550$306$164$86$58
47 years$917$525$287$151$78$52
48 years$888$501$270$140$71$47
49 years$860$479$254$129$64$42
50 years$833$457$238$120$58$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $853,000, adding $2,479 every year, while hoping to spend $36,975 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: 81/6/13 Blend
39$853,000$853,000$853,000$853,000
40$942,563$897,354$884,133$1,016,388
41$999,363$901,983$874,410$1,069,841
42$1,060,718$905,600$863,122$1,123,430
43$1,127,053$908,116$850,178$1,181,176
44$1,198,835$909,436$835,482$1,243,477
45$1,276,579$909,462$818,933$1,310,774
46$1,360,850$908,085$800,427$1,383,549
47$1,452,269$905,194$779,855$1,462,335
48$1,551,520$900,668$757,100$1,547,721
49$1,659,356$894,381$732,043$1,640,354
50$1,776,602$886,198$704,558$1,740,945
51$1,904,169$875,976$674,515$1,850,282
52$2,043,059$863,562$641,775$1,969,229
53$2,194,371$848,798$606,195$2,098,741
54$2,359,320$831,512$567,626$2,239,869
55$2,539,239$811,524$525,909$2,393,772
56$2,735,597$788,644$480,882$2,561,727
57$2,950,009$762,669$432,374$2,745,141
58$3,184,257$733,386$380,205$2,945,566
59$3,440,298$700,569$324,188$3,164,711
60$3,720,289$663,978$264,130$3,404,459
61$4,026,606$623,360$199,825$3,666,888
62$4,361,862$578,448$131,062$3,954,287
63$4,728,938$528,958$57,619$4,269,177
64$5,131,004$474,591$0$4,614,341
65$5,571,552$415,031$0$4,995,720
66$6,054,427$349,944$0$5,422,531
67$6,583,864$278,977$0$5,890,531
68$7,164,528$201,757$0$6,403,860
69$7,801,557$117,890$0$6,967,079
70$8,500,609$26,960$0$7,585,213
71$9,267,919$0$0$8,263,798
72$10,110,352$0$0$9,013,654
73$11,035,472$0$0$9,839,086
74$12,051,611$0$0$10,745,753
75$13,167,948$0$0$11,741,847
76$14,394,593$0$0$12,836,394
77$15,742,688$0$0$14,039,336
78$17,224,503$0$0$15,361,627
79$18,853,559$0$0$16,815,336
80$20,644,752$0$0$18,413,758
81$22,614,492$0$0$20,171,542
82$24,780,861$0$0$22,104,826
83$27,163,781$0$0$24,231,393
84$29,785,199$0$0$26,570,834
85$32,669,299$0$0$29,144,734
86$35,842,727$0$0$31,976,878
87$39,334,840$0$0$35,093,472
88$43,177,989$0$0$38,523,389
89$47,407,815$0$0$42,298,444
90$52,063,591$0$0$46,453,694
91$57,188,593$0$0$51,027,764
92$62,830,502$0$0$56,063,218
93$69,041,858$0$0$61,606,952
94$75,880,557$0$0$67,710,643
95$83,410,390$0$0$74,431,235
96$91,701,652$0$0$81,831,470
97$100,831,800$0$0$89,980,490
98$110,886,185$0$0$98,954,480
99$121,958,858$0$0$108,837,389
100$134,153,455$0$0$119,721,727