Can I retire at age 40 with 864,000?

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 $864,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$71,348$70,713$70,093$69,488$68,897$67,783
2 years$35,321$34,663$34,026$33,407$32,808$31,689
3 years$23,313$22,653$22,017$21,404$20,815$19,725
4 years$17,311$16,652$16,023$15,421$14,845$13,794
5 years$13,710$13,055$12,434$11,845$11,285$10,275
6 years$11,311$10,661$10,049$9,472$8,930$7,961
7 years$9,597$8,953$8,350$7,788$7,262$6,336
8 years$8,313$7,674$7,082$6,533$6,025$5,141
9 years$7,314$6,682$6,100$5,565$5,074$4,232
10 years$6,516$5,890$5,318$4,797$4,323$3,522
11 years$5,863$5,243$4,682$4,175$3,718$2,958
12 years$5,320$4,706$4,155$3,662$3,222$2,501
13 years$4,860$4,253$3,712$3,233$2,810$2,127
14 years$4,467$3,866$3,335$2,870$2,463$1,817
15 years$4,126$3,531$3,011$2,559$2,168$1,559
16 years$3,828$3,240$2,730$2,291$1,916$1,341
17 years$3,565$2,984$2,484$2,059$1,699$1,158
18 years$3,332$2,757$2,268$1,855$1,511$1,001
19 years$3,124$2,555$2,076$1,677$1,347$868
20 years$2,936$2,375$1,905$1,518$1,203$753
21 years$2,767$2,212$1,753$1,378$1,076$655
22 years$2,614$2,065$1,615$1,253$965$570
23 years$2,474$1,931$1,491$1,141$866$497
24 years$2,345$1,809$1,379$1,041$779$434
25 years$2,228$1,698$1,278$951$701$379
26 years$2,119$1,596$1,185$869$631$331
27 years$2,019$1,502$1,100$795$569$289
28 years$1,926$1,415$1,023$729$513$253
29 years$1,839$1,335$952$668$464$221
30 years$1,759$1,261$887$613$419$194
31 years$1,684$1,192$827$563$379$170
32 years$1,613$1,128$771$518$343$149
33 years$1,547$1,068$720$476$310$130
34 years$1,485$1,012$673$438$281$114
35 years$1,427$960$629$403$254$100
36 years$1,372$911$588$371$230$88
37 years$1,320$865$551$342$209$77
38 years$1,271$823$516$315$189$68
39 years$1,225$782$483$291$172$59
40 years$1,181$744$453$268$156$52
41 years$1,140$708$425$247$141$46
42 years$1,100$675$398$228$128$40
43 years$1,062$643$374$211$116$35
44 years$1,027$613$351$195$106$31
45 years$992$584$329$180$96$27
46 years$960$557$309$166$87$24
47 years$929$532$291$153$79$21
48 years$899$508$273$142$72$18
49 years$871$485$257$131$65$16
50 years$844$463$241$121$59$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $864,000, adding $6,098 every year, while hoping to spend $57,405 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: 48/47/5 Blend
39$864,000$864,000$864,000$864,000
40$958,418$912,626$899,234$1,002,921
41$995,098$896,266$868,280$1,017,621
42$1,033,596$877,181$834,365$1,026,964
43$1,074,036$855,176$797,329$1,035,738
44$1,116,553$830,045$757,005$1,043,905
45$1,161,296$801,572$713,219$1,051,427
46$1,208,424$769,525$665,789$1,058,266
47$1,258,113$733,661$614,522$1,064,383
48$1,310,553$693,723$559,221$1,069,744
49$1,365,951$649,437$499,676$1,074,312
50$1,424,533$600,515$435,671$1,078,054
51$1,486,548$546,652$366,978$1,080,940
52$1,552,265$487,527$293,361$1,082,940
53$1,621,978$422,799$214,571$1,084,030
54$1,696,011$352,107$130,350$1,084,191
55$1,774,716$275,072$40,429$1,083,408
56$1,858,479$191,292$0$1,081,672
57$1,947,722$100,344$0$1,081,946
58$2,042,908$1,778$0$1,083,769
59$2,144,542$0$0$1,085,017
60$2,253,182$0$0$1,139,979
61$2,369,434$0$0$1,199,838
62$2,493,966$0$0$1,264,026
63$2,627,510$0$0$1,332,927
64$2,770,870$0$0$1,406,966
65$2,924,925$0$0$1,486,606
66$3,090,645$0$0$1,572,357
67$3,269,090$0$0$1,664,779
68$3,461,427$0$0$1,764,488
69$3,668,938$0$0$1,872,159
70$3,893,030$0$0$1,988,535
71$4,135,249$0$0$2,114,432
72$4,397,297$0$0$2,250,747
73$4,681,042$0$0$2,398,466
74$4,988,538$0$0$2,558,674
75$5,322,045$0$0$2,732,564
76$5,684,046$0$0$2,921,447
77$6,077,275$0$0$3,126,766
78$6,504,737$0$0$3,350,109
79$6,969,740$0$0$3,593,221
80$7,475,920$0$0$3,858,025
81$8,027,281$0$0$4,146,635
82$8,628,230$0$0$4,461,380
83$9,283,613$0$0$4,804,819
84$9,998,767$0$0$5,179,773
85$10,779,566$0$0$5,589,345
86$11,632,476$0$0$6,036,953
87$12,564,614$0$0$6,526,358
88$13,583,818$0$0$7,061,702
89$14,698,715$0$0$7,647,545
90$15,918,807$0$0$8,288,908
91$17,254,553$0$0$8,991,322
92$18,717,475$0$0$9,760,877
93$20,320,258$0$0$10,604,277
94$22,076,873$0$0$11,528,910
95$24,002,707$0$0$12,542,910
96$26,114,707$0$0$13,655,236
97$28,431,539$0$0$14,875,758
98$30,973,760$0$0$16,215,344
99$33,764,018$0$0$17,685,970
100$36,827,257$0$0$19,300,825