Can I retire at age 40 with 863,000?

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 $863,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$71,266$70,631$70,012$69,407$68,817$66,481
2 years$35,280$34,623$33,986$33,369$32,770$30,440
3 years$23,286$22,627$21,991$21,380$20,791$18,540
4 years$17,291$16,633$16,004$15,403$14,828$12,674
5 years$13,694$13,040$12,420$11,831$11,272$9,220
6 years$11,297$10,648$10,037$9,461$8,919$6,970
7 years$9,586$8,943$8,341$7,779$7,254$5,408
8 years$8,303$7,665$7,074$6,525$6,018$4,274
9 years$7,306$6,674$6,093$5,558$5,068$3,424
10 years$6,508$5,883$5,312$4,791$4,318$2,771
11 years$5,856$5,237$4,676$4,170$3,714$2,261
12 years$5,314$4,701$4,150$3,657$3,218$1,856
13 years$4,855$4,248$3,708$3,229$2,806$1,532
14 years$4,461$3,861$3,331$2,866$2,460$1,269
15 years$4,121$3,527$3,008$2,556$2,166$1,055
16 years$3,823$3,236$2,727$2,289$1,914$879
17 years$3,561$2,981$2,482$2,056$1,697$734
18 years$3,328$2,754$2,265$1,853$1,509$614
19 years$3,120$2,553$2,074$1,675$1,345$515
20 years$2,933$2,372$1,903$1,517$1,202$432
21 years$2,764$2,209$1,751$1,376$1,075$363
22 years$2,611$2,062$1,613$1,252$964$305
23 years$2,471$1,929$1,490$1,140$865$257
24 years$2,343$1,807$1,378$1,040$778$216
25 years$2,225$1,696$1,276$949$700$182
26 years$2,117$1,594$1,184$868$630$153
27 years$2,016$1,500$1,099$795$568$129
28 years$1,923$1,414$1,022$728$513$109
29 years$1,837$1,334$951$668$463$92
30 years$1,757$1,259$886$613$418$78
31 years$1,682$1,191$826$563$378$65
32 years$1,611$1,126$770$517$342$55
33 years$1,546$1,067$719$476$310$47
34 years$1,484$1,011$672$438$280$39
35 years$1,425$959$628$403$254$33
36 years$1,371$910$588$371$230$28
37 years$1,319$864$550$342$209$24
38 years$1,270$822$515$315$189$20
39 years$1,224$781$483$290$171$17
40 years$1,180$743$452$268$155$14
41 years$1,138$708$424$247$141$12
42 years$1,099$674$398$228$128$10
43 years$1,061$642$373$211$116$9
44 years$1,025$612$350$194$105$7
45 years$991$584$329$180$96$6
46 years$959$557$309$166$87$5
47 years$928$531$290$153$79$4
48 years$898$507$273$142$72$4
49 years$870$484$256$131$65$3
50 years$843$463$241$121$59$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $863,000, adding $5,653 every year, while hoping to spend $35,610 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: 70/10/20 Blend
39$863,000$863,000$863,000$863,000
40$956,857$911,118$897,742$1,018,775
41$1,016,568$917,874$889,927$1,067,558
42$1,081,175$923,768$880,657$1,116,198
43$1,151,142$928,719$869,846$1,168,557
44$1,226,975$932,643$857,403$1,224,999
45$1,309,234$935,449$843,233$1,285,928
46$1,398,531$937,042$827,237$1,351,785
47$1,495,543$937,319$809,311$1,423,060
48$1,601,013$936,172$789,348$1,500,292
49$1,715,758$933,486$767,232$1,584,076
50$1,840,678$929,139$742,847$1,675,069
51$1,976,761$923,001$716,066$1,773,995
52$2,125,097$914,935$686,761$1,881,654
53$2,286,885$904,795$654,796$1,998,925
54$2,463,444$892,426$620,028$2,126,782
55$2,656,226$877,666$582,309$2,266,298
56$2,866,829$860,339$541,484$2,418,653
57$3,097,012$840,263$497,391$2,585,155
58$3,348,715$817,243$449,861$2,767,242
59$3,624,069$791,073$398,716$2,966,501
60$3,925,423$761,535$343,773$3,184,683
61$4,255,364$728,398$284,837$3,423,720
62$4,616,739$691,418$221,707$3,685,741
63$5,012,686$650,336$154,174$3,973,096
64$5,446,658$604,881$82,017$4,288,374
65$5,922,459$554,762$5,006$4,634,434
66$6,444,280$499,676$0$5,014,426
67$7,016,735$439,298$0$5,448,295
68$7,644,908$373,289$0$5,925,612
69$8,334,396$301,289$0$6,449,589
70$9,091,369$222,916$0$7,024,945
71$9,922,618$137,769$0$7,656,876
72$10,835,629$45,423$0$8,351,111
73$11,838,646$0$0$9,113,963
74$12,940,750$0$0$9,958,392
75$14,151,948$0$0$10,891,951
76$15,483,262$0$0$11,918,143
77$16,946,836$0$0$13,046,336
78$18,556,050$0$0$14,286,850
79$20,325,644$0$0$15,651,055
80$22,271,857$0$0$17,151,478
81$24,412,584$0$0$18,801,920
82$26,767,539$0$0$20,617,589
83$29,358,442$0$0$22,615,238
84$32,209,227$0$0$24,813,330
85$35,346,262$0$0$27,232,204
86$38,798,604$0$0$29,894,273
87$42,598,266$0$0$32,824,230
88$46,780,523$0$0$36,049,287
89$51,384,243$0$0$39,599,425
90$56,452,254$0$0$43,507,679
91$62,031,746$0$0$47,810,453
92$68,174,720$0$0$52,547,856
93$74,938,473$0$0$57,764,088
94$82,386,141$0$0$63,507,851
95$90,587,296$0$0$69,832,810
96$99,618,598$0$0$76,798,100
97$109,564,523$0$0$84,468,884
98$120,518,153$0$0$92,916,965
99$132,582,063$0$0$102,221,467
100$145,869,279$0$0$112,469,577